This weeks idea shows a possible 6,000 tick trade idea, within the Gold Futures COMEX market. This 6,000 tick trade idea could be worth up to $60,000, depending on the gold futures contract size you purchase….
Analyzing what other traders are doing is one of the easiest ways to develop your trading abilities. Predictions, demand analyses, or trading setups focused on specific market situations are all examples of trade ideas. At Traders Agency we provide instructional content that demonstrates how trading strategies, research techniques, or how specific market reactions can help your portfolio. There are numerous fields of technological study, some of which are simple, others of which are more advanced, and all of which are assisted by intelligent charting software, a variety of bar models, a wealth of data, and a plethora of indicators.
Ideas may be related to any asset class, such as currencies, bonds, or futures contracts, or to any trading system, such as harmonic trends, wave analysis, or chart patterns. Traders frequently use a variety of strategies to improve their chances while looking for confluence. There are also suggestions for risk control, trading psychology, and trading strategies. Whatever approach you use, it is undeniable that the loop of making, exchanging, communicating, and learning centered on well-thought-out concepts can help you develop your trading skills.