NVESTROY TRICKS #1
TradingView was created for traders to support each other and share some knowledge.
One of the methods Investroy members constantly utilize is the "chart flip".
If you look at statistics it's easier to notice sell opportunities than buying ones. Reason? Human psychology. It's easier for us to extrapolate lower boundaries than something that hasn't happened yet.
In this case, if we analyze gold, we input 1/XAUUSD to flip the chart. Now the buying opportunity seems a lot more clear (sell on the 1/XAUUSD Chart).
Easy as that!
Stay tuned for more tips from us!
TradingView was created for traders to support each other and share some knowledge.
One of the methods Investroy members constantly utilize is the "chart flip".
If you look at statistics it's easier to notice sell opportunities than buying ones. Reason? Human psychology. It's easier for us to extrapolate lower boundaries than something that hasn't happened yet.
In this case, if we analyze gold, we input 1/XAUUSD to flip the chart. Now the buying opportunity seems a lot more clear (sell on the 1/XAUUSD Chart).
Easy as that!
Stay tuned for more tips from us!