After posting some educational content, it's been amazing the conversations that have flooded in. Ranging from questions, requests and just general chit chat.
One of the hot topics for beginners has been the use and understanding of Fibonacci levels. So I want to share this and ask.
What kind of music do you listen to whilst trading? I saw a trade idea posted by @TradingView a few weeks back about two types of music, varying beats and so on.
Recently been introduced to Lofi music - thanks @Zackfx10
In terms of the chart; The study added is an Octave level; pretty much the same concept as Fib levels, but using Octave frequency calculations instead. It's amazing to see the support & resistance interact at the grey dots. Just interesting as it relates to the Music, beats and waves.
Music is a big part of trading and another unique aspect to each individual.
Would be interesting to get some ideas on the music front and see what people enjoy whilst trading.
Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Tom Waites recently but anything from classical to heavy rock . Great chart .
Mayfair_Ventures
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@mrleisure1, Thanks for sharing! not heard To Waites but will do now!
Signal_Forex
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VERRY NISE
Z3R0-G3N3S1S
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What would you get if you put that into a tonal generator. How does wave length come into play here? There is so much to vibration (frequency) different wavelengths. It really doesn't surprise me that there is a coloration but from what I have read on it, it seems like a gimmick. I believe there is something there but too many idiots are trying to use it with no other understanding of physics, finance or even basic trading.
Mayfair_Ventures
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@Z3R0-G3N3S1S, 100% - there's something in it. I feel it's just digging deeper and exploring what exactly. Obvious fibs create incredible music, the main thing is - how can it be utilized?
wcCdY
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Don't listen to The Hu. you will know why when you hear it :P