Weekly Analysis of the Market

This week, the market has released a series of economic data points. And it eventually raised the stock market slightly this week. On Monday we received consumer credit in October. And it was better than expected and decreased by $ 3.5 billion. And it was higher than expected 9.4 billion dollars compared to the previous revised $ 8.8 billion. Although the total number of rows seems encouraging, it suggests that consumer credit tightening is relaxed, and we need to focus on the breakdown between circulation and noncycling.

Token Economy is a weekly newsletter by Stefano Bernardi and Yannick Roux covering more financial aspects such as new projects, market analysis, rumors, and technical improvements in various block chains. Knowing what happens throughout the encrypted world is a good source. Unless this is your top priority, there are too many things to follow, but the good news is that for each article they link, they provide summaries and comments directly in the newsletter ... they What is the first time?

Before I enter personal transactions or other research points, I always do comprehensive global picture analysis. This includes reading newsletters, articles I trust, and, of course, weekly market scoreboards. The market scoreboard is a good way to start from this week. Because they are experienced and experienced traders who gradually review key market indices important for analysis and industry and market internal indicators. Begin this report weekly and then recommend learning more about other materials.

Always use different timeframes for analysis and do not rely on everyday transactions. The weekly and daily charts are irrelevant to the transaction and are not important. This applies especially to a wide range of markets and indices, as stock prices tend to keep track of indices by an average of about 70%. We rely on charts and price actions to convey this story. I feel guilty about always emphasizing the volume all the time. In this current market, I am deleting me from some solid transactions except handcuffs. I spent the last month studying this problem, and I think that I understand better how to think about the volume of trading. So I hope my volume needs will change in the next few weeks.

The important part of understanding this is really to decompose my transaction method into processes. I will start with daily and weekly charts, giving priority to the markets of highly active regions. Then I will analyze this according to the hourly timeframe and then trade according to the particular situation I found to be particularly important in the 15 minute or 5 minute chart every hour. The biggest improvement I have seen is my trade control. The way we manage transactions is furious and disappears soon after some transactions. My earlier way was to open a deal and then make them somewhat alone. But now, I am monitoring actions after seeing how they interact with important areas as they take action.