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Binary Options: In finance, binary option (also called fixed return option, all or nothing or digital option)is a type of option where the payoff is either some fixed amount of some asset or nothing at all.[1] Binary options have been available since the middle of 2008. Binary options are trading options that pay out a pre-set and fixed amount if the underlying asset on which the option is based reaches the trader’s selected ‘direction’ (up or down compared with advertised value at the time of purchasing that option) at expiry time.[2]
The Binary Option is a prediction on which way the price of a stock, commodity, index or foreign currency will move by a designated expiration time. Traders can never purchase or own the asset, they can only predict the direction that the asset will go. There are only two possible outcomes and the price of the asset does not matter, all that matters is if the prediction was correct or incorrect.
MM or Market Maker:
A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. This process takes place in mere seconds.
MMs have several other nick names given to them by traders, like: Market Manipulators, Money Makers
$ORRV BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=ORRV
$CFTN BarChart Trader's Cheat Sheet
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Daily Candlestick Chart for MJNA
[img]stockcharts.com/c-sc/sc?s=MJNA
Ascending Triangle: An Ascending Triangle is a price action formation signal based on continuation pattern theory.
Continuation patterns also include symmetrical triangles, descending triangles, wedges, flags, rectangles and pennants and are essentially technical patterns that are expected to lead to the continuation of an existing trend. Continuation patterns are considered a powerful trading tool as they usually result in extremely low risk trading opportunities and spectacular returns.
An ascending triangle demonstrated within a chart pattern is recognized as having a bullish position and occurs as a result of price highs and price lows that have begun to converge so that they, in effect, form a point. If a line is drawn above and below the pattern the top line will appear straight whilst the bottom will slope upwards at an angle.
Ascending triangles are considered to be at their most reliable when occurring during an uptrend, and a buy order should be placed on a break above the upper resistance area of the triangle. If however, the pattern is proved to be false, or if the ascending triangle pattern should fail, then it is advisable to sell when the market breaks out and below the triangle.
$DECN BarChart Trader's Cheat Sheet
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$GLTV BarChart Trader's Cheat Sheet
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Daily Candlestick Chart for NMPNF
[img]stockcharts.com/c-sc/sc?s=NMPNF
$PROP BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=PROP
Daily Candlestick Chart for SGLB
[img]stockcharts.com/c-sc/sc?s=SGLB
$TUCN BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=TUCN
Spring:
A situation that occurs when prices break below support, but soon reverse course and move back above support. Prices are said to spring back from their support break and indicate that the bulls are still alive. A spring can also be referred to as a failed (bearish) signal and is considered bullish. Generally, the reversal should occur within 1-3 days of the support break for the failed signal to be considered valid. This is the opposite of an upthrust.
Depression: The simple definition of a depression is a large scale recession that lasts an extended period of time. Some define a depression as a scenario where real GDP drops by over 10%. Another way to differentiate it from a recession is the period of time. Recessions are said to typically last one year while an economic depression lasts several years.
The term “depression” comes from the Great Depression of the 1930s. Before that event, any modest decline in economic activity was considered to be a depression. The term recession was then used to describe smaller economic downturns while the depression was used to describe major, longer lasting declines like the Great Depression.
$MYFT BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=MYFT
Daily Candlestick Chart for BBDA
[img]stockcharts.com/c-sc/sc?s=BBDA
Williams %R:
Developed by Larry Williams, Williams %R is a momentum indicator much like the Stochastic Oscillator and is especially popular for measuring overbought and oversold levels. The scale ranges from 0 to -100 with readings from 0 to -20 considered overbought, and readings from -80 to -100 considered oversold. Typically, Williams %R is calculated using 14 periods and can be used on intraday, daily, weekly or monthly data.
Ascending Trend Channel: An ascending trend channel is a basic chart pattern used in technical analysis.
Ascending trend channels are a useful tool due to their ability to predict overall changes in trend. As long as prices remain within the ascending trend channel, the upward trend in price can be expected to continue. As soon as prices exceed either trendline forming the channel, however, a strong signal either to buy or to sell is generated. A break through the upper trendline generates a strong buy signal, while a break through the lower trendline generates a strong sell signal.
Daily Candlestick Chart for BULM
[img]stockcharts.com/c-sc/sc?s=BULM
$DEWM BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=DEWM
Signal Line:
Also known as a trigger line, it is a moving average of another indicator that is used to generate simple buy and sell signals. Probably the most used signal line is the one that is built into theMACD Indicator display. The signal line is the exponential moving average of the MACD line. A buy signal is generated when the MACD line crosses above the signal line and a sell signal is generated when the MACD line crosses below the signal line.
$GRMC BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=GRMC
Daily Candlestick Chart for TGWI
[img]stockcharts.com/c-sc/sc?s=TGWI
Daily Candlestick Chart for DROP
[img]stockcharts.com/c-sc/sc?s=DROP
Broadening Formation: A broadening formation is an example of a consolidation pattern and a highly useful tool in the prediction of the likelihood of a reversal in the direction of a current trend. When found in an uptrend it indicates not a continuation of that trend, but a near-term reversal of the price action.
The broadening formation occurs when the fluctuation within the price produces a series of higher highs and of lower lows that steadily widen over time and are generally thought to be found only in found in topping formations where they are considered to be the result of unrealistic expectations of bullish investors.
Unlike the majority of other consolidation patterns, broadening formations feature increasingly wide ranges and are subject to much greater levels of volatility as time passes. Volume levels increase as the share price rises, which although normally indicates a bullish position rallies in this instance usually prove to be very short lived and the following declines are prone to decimating former support levels leading to an eventual collapse.
$ORMP BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=ORMP
$TUFF BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=TUFF
Daily Candlestick Chart for DECN
[img]stockcharts.com/c-sc/sc?s=DECN
Daily Candlestick Chart for GWBU
[img]stockcharts.com/c-sc/sc?s=GWBU
$CDXC BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=CDXC
Daily Candlestick Chart for TDEY
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Daily Candlestick Chart for ALQA
[img]stockcharts.com/c-sc/sc?s=ALQA
Confirmation: A subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example: confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover.
$CTCC BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=CTCC
Central Bank: Central banks play a key role in the currency markets because of their power over monetary policy. They have a direct influence over money supply, which in turn affects demand and price of the currency. Through the use of different policies, central banks can try to manipulate the markets so that they can keep their currency at specific levels. Some countries and their central banks try to peg their currency to that of another currency or basket of currencies (for example, China to the U.S.).
The central bank can participate in the forex market by buying and selling their currency at the spot market in order to keep it from changing too much. Another motivation for central banks is to keep the local currency at a specific price in order to make their local economy more attractive for international trade. If a country’s currency appreciates too quickly, it could actually make it less appealing to importers.
Remember that many transactions have to use the local currency. Thus, if currency that is needed rises too quickly, it effectively makes goods more expensive to foreigners, which in turn, hurts trade. To counter this, the central bank may intervene in the market by selling its currency and buying up other major currencies. This in effect, weakens the local currency so as to make it more appealing to foreign importers.
While the exact value of what percentage such central bank transactions take up isn’t known, take note that because these are the banks of national governments, such interventions can have a much larger impact on the market than any single commercial bank.
Daily Candlestick Chart for IPRU
[img]stockcharts.com/c-sc/sc?s=IPRU
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![]() ![]() ![]() UPDATE; 5-1-22 courtesy of charting /\ wit tweezer top calls /\ Tony @Montana_Trades Really good study sheet on Candlestick Patterns [-chart]pbs.twimg.com/media/FRn8188XMAAdZvk?format=jpg&name=small[/chart] ![]()
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