With over 14 different markets on our watchlist this week spanning US stocks, global currencies and commodities here's a snippet of just 1 stock we're focusing on right now: Netflix.
MEMBERS: Watch out for the premium mid-week video update and research
NEW MEMBERS: Check out the Golden Playbook for exclusive access to advanced educational material and trade research
So what's happening with Netflix? Well, apart from the new season 2 of The Crown starting here are the levels we are watching:
As you can see there are some major demand levels on the Netflix chart. Currently, we're at the first area for a potential bounce. Within this zone we'll be waiting for our Trend Tracer and Price Booster setups on the Daily and 2 hour charts for an early entry into the move.
If the market pulls back further we'll be looking for similar setups at the new demand levels. The key to our success is to keep things SIMPLE! We trade specific strategies on the markets with the highest probability...
With over 14 different markets on our watchlist this week spanning US stocks, global currencies and commodities here's a snippet of just 1 stock we're focusing on right now:
MEMBERS: Watch out for the premium mid-week video update and research
NEW MEMBERS: Check out the Golden Playbook for exclusive access to advanced educational material and trade research
Happy trading folks! Keep it nice and simple, have a focus and always be the hardest worker in the room.
Natascha
Since the beginning of the stock market, financial sector researchers have worked to understand the factors that influence how people make decisions. According to classical financial theory, investors act rationally, which sustains market efficiency. However, this clearly doesn’t describe human behavior in practice – people frequently make irrational decisions that aren’t predicted under this theory. As a consequence, financial markets fluctuate widely.
This phenomenon has led economists to turn to behavioural science to help them understand how financial markets function in reality. Eventually, a new field emerged that combines conventional financial theory with cognitive psychology: behavioural economics.
Behavioural economics has helped to show that economic theory on its own cannot explain human behaviour, as behavioural economics is able to explain both rational and irrational decision-making. It also set the stage for the advent of neuroeconomics as an...
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