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How I made $10,000 Monthly with Trendline

Trend Lines

Trend lines are probably the most common form of technical analysis in forex trading.

They are probably one of the most underutilized ones as well.

If drawn correctly, they can be as accurate as any other method.

Unfortunately, most forex traders don’t draw them correctly or try to make the line fit the market instead of the other way around.

In their most basic form, an uptrend line is drawn along the bottom of easily identifiable support areas (valleys).

This is known as an ascending trend line.

In a downtrend, the trend line is drawn along the top of easily identifiable resistance areas (peaks).

This is known as a descending trend line.

How do you draw trend lines?

To draw forex trend lines properly, all you have to do is locate two major tops or bottoms and connect them.

What’s next? Nothing.

Uhh, is that it? Yep, it’s that simple.

Here are trend lines in action! Look at those waves!

Types of Trends

There are three types of trends:

  1. Uptrend (higher lows)
  2. Downtrend (lower highs)
  3. Sideways trend (ranging)

Here are some important things to remember using trend lines in forex trading:

It takes at least two tops or bottoms to draw a valid trend line but it takes THREE to confirm a trend line.

 

The STEEPER the trend line you draw, the less reliable it is going to be and the more likely it will break.

Like horizontal support and resistance levels, trend lines become stronger the more times they are tested.

And most importantly, DO NOT EVER draw trend lines by forcing them to fit the market. If they do not fit right, then that trend line isn’t a valid one!

 

 

 

 

 

 

How I made $7000 weekly with this Support and Resistance Trick

Plotting Support and Resistance Levels

One thing to remember is that support and resistance levels are not exact numbers.

Often times you will see a support or resistance level that appears broken, but soon after find out that the market was just testing it.

With candlestick charts, these “tests” of support and resistance are usually represented by the candlestick shadows.

At those times it seemed like the price was “breaking” support.

In hindsight, we can see that the price was merely testing that level.

So how do we truly know if support and resistance were broken?

There is no definite answer to this question.

Some argue that a support or resistance level is broken if the price can actually close past that level.

However, you will find that this is not always the case.

Let’s take our same example from above and see what happened when the price actually closed past the 1.4700 support level.

In this case, the price had closed below the 1.4700 support level but ended up rising back up above it.

If you had believed that this was a real breakout and sold this pair, you would’ve been seriously hurtin’!

Looking at the chart now, you can visually see and come to the conclusion that the support was not actually broken; it is still very much intact and now even stronger.

Support was “breached” but only temporarily.

To help you filter out these false breakouts, you should think of support and resistance more as “zones” rather than concrete numbers.

It’s like when someone is doing something really strange, but when asked about it, he or she simply replies, “Sorry, it’s just a reflex.”

When plotting support and resistance, you don’t want the reflexes of the market. You only want to plot its intentional movements.

Looking at the line chart, you want to plot your support and resistance lines around areas where you can see the price forming several peaks or valleys.

Other interesting tidbits about support and resistance:

  • When the price passes through resistance, that resistance could potentially become support.
  • The more often price tests a level of resistance or support without breaking it, the stronger the area of resistance or support is.
  • When a support or resistance level breaks, the strength of the follow-through move depends on how strongly the broken support or resistance had been holding.

How to make $13,000 Yearly with Gold

Gold is a chemical element with the symbol Au (from Latin aurum ‘gold’) and atomic number 79. This makes it one of the higher–atomic-number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions.

Gold often occurs in free elemental (native state), as nuggets or grains, in rocksveins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as in electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is insoluble in nitric acid alone, which dissolves silver and base metals, a property long used to refine gold and confirm the presence of gold in metallic substances, giving rise to the term ‘acid test‘. Gold dissolves in alkaline solutions of cyanide, which are used in mining and electroplating. Gold also dissolves in mercury, forming amalgam alloys, and as the gold acts simply as a solute, this is not a chemical reaction.

A relatively rare element,  gold is a precious metal that has been used for coinagejewelry, and other arts throughout recorded history. In the past, a gold standard was often implemented as a monetary policy. Gold coins ceased to be minted as a circulating currency in the 1930s, and the world gold standard was abandoned for a fiat currency system after the Nixon shock measures of 1971.

In 2020, the world’s largest gold producer was China, followed by Russia and Australia. A total of around 201,296 tonnes of gold exists above ground, as of 2020. This is equal to a cube with each side measuring roughly 21.7 meters (71 ft). The world consumption of new gold produced is about 50% in jewelry, 40% in investments and 10% in industry. Gold’s high malleability, ductility, resistance to corrosion and most other chemical reactions, and conductivity of electricity have led to its continued use in corrosion-resistant electrical connectors in all types of computerized devices (its chief industrial use). Gold is also used in infrared shielding, production of colored glassgold leafing, and tooth restoration. Certain gold salts are still used as anti-inflammatories in medicine.

4 ways to invest in gold

You have a few options here: You can either buy physical gold like bars or gold coins, invest in gold mining company stocks or a gold exchange-traded fund, or ETF, or buy into gold futures.

1. Purchase physical gold

  • Bars
  • Coins
  • Jewelry

The most straightforward way to put your money in gold is to buy physical gold like bars, coins or jewelry.

To actually make a profit off the precious metal, you need to have a reasonable expectation that your gold can be sold for more than you paid for it. Unfortunately, gold prices are notoriously difficult to predict.

In the 1990s, gold barely hit $300 on a good day. Then, as financial and political crises loomed in the mid-2000s, people did what they always do and started buying up gold, which drove up gold prices.

Its value more than doubled from $800 an ounce in 2009 to $1,900 in 2011. But by 2013, the bubble had burst and gold was down to $1,300.

Then in the summer of 2020, during the stress and uncertainty of the pandemic, gold briefly surged to an all-time high of $2,000 an ounce before sinking back down once again.

If gold forms part of your retirement plan, you can actually buy it through a gold individual retirement account, or IRA. That said, you’ll need to set it up with a special custodian or broker; be aware that you may be charged fees to cover the cost of storing the metal.

2. Invest in gold stocks

You can invest in gold without ever touching a flake of it by purchasing shares of gold mining companies on the stock market.

The advantage is that if the price of gold suddenly plummets, you may not lose your shirt because the mining company could decide to focus on another metal.

The disadvantage of owning mining stocks is that they can decline with the rest of the market, even when the value of gold is steady. In fact, business factors can always come into play — factors like the company’s financials, the quality of its management team and long-term production prospects.

You can easily invest in commodity stocks through any number of investing apps — although a few will give you a free stock just for signing up.

3. Invest in gold ETFs

Investors might buy into gold exchange-traded funds to avoid the uncertainty that comes with investing in a particular company.

Put simply, these funds are pools of money from investors that are poured into a variety of gold and mining companies. ETFs are traded like stocks; some of the most popular gold ETFs are GLD, GDX and GDXJ.

You will have to be prepared to lose a certain percentage of your investment’s value every year to the fund’s expense ratio. For example, with the largest gold ETF, SPDR Gold Shares, you’ll be charged 0.40% of your investment’s value each year.

Still, ETFs as a whole have very low management fees, and you save even more by buying them through an investment app.

It’s also important to note that there’s still a measure of uncertainty when investing in ETFs. Although these funds are heavily diversified to reduce risk, they are subject to the fluctuations of the stock market.

If the market crashes, the value of your investment could drop even if the value of gold doesn’t change.

4. Buy gold futures

Gold futures are very complicated. They’re contracts in which you agree to buy a set amount of gold at a specific price some time in the future.

Traders can strategically buy and sell futures contracts to profit from the changing price of gold.

Buyers of futures contracts profit when commodity prices rise. Sellers of futures contracts profit when commodity prices fall.

The contracts typically require a minimum purchase of 100 ounces of gold. Novice investors should exercise extreme caution with futures contracts due to the high degree of borrowing typically involved.

How To Make $2000 Yearly with Bronze

 

Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminiummanganesenickel, or zinc) and sometimes non-metals, such as phosphorus, or metalloids such as arsenic or silicon. These additions produce a range of alloys that may be harder than copper alone, or have other useful properties, such as strengthductility, or machinability.

The archaeological period in which bronze was the hardest metal in widespread use is known as the Bronze Age. The beginning of the Bronze Age in western Eurasia and India is conventionally dated to the mid-4th millennium BCE (~3500 BCE), and to the early 2nd millennium BCE in China;[1] elsewhere it gradually spread across regions. The Bronze Age was followed by the Iron Age starting about 1300 BCE and reaching most of Eurasia by about 500 BCE, although bronze continued to be much more widely used than it is in modern times.

Because historical artworks were often made of brasses (copper and zinc) and bronzes with different compositions, modern museum and scholarly descriptions of older artworks increasingly use the generalized term “copper alloy” instead.

Though bronze is generally harder than wrought iron, with Vickers hardness of 60–258 vs. 30–80, the Bronze Age gave way to the Iron Age after a serious disruption of the tin trade: the population migrations of around 1200–1100 BCE reduced the shipping of tin around the Mediterranean and from Britain, limiting supplies and raising prices. As the art of working in iron improved, iron became cheaper and improved in quality. As cultures advanced from hand-wrought iron to machine-forged iron (typically made with trip hammers powered by water), blacksmiths learned how to make steel. Steel is stronger than bronze and holds a sharper edge longer. Bronze was still used during the Iron Age, and has continued in use for many purposes to the modern day.

What is the difference between brass and bronze?
Brass and bronze are both metal alloys, which means they are a combination of two or more different metals. Brass is composed of copper and zinc, whereas bronze is made up of copper and tin, sometimes with other elements such as phosphorus or aluminium added in.

BEST USES FOR BRONZE

  1. Small Parts and Panels

Due to its corrosion resistance and unique coloring, bronze is commonly used in the manufacture of coins, hardware mounts, furniture trim, ceiling or wall panels, ship hardware, and all sorts of automobile parts.

  1. Sculptures

Maybe more than any other metal, bronze is used for artful forms of sculpture.  Bronze, in particular, has been the preferred metal for sculptures because of its ability to expand just before it sets.  This property allows for the most intricate details to be brought to life.

Additionally, bronze constricts as it cools making it easier to remove the mold.

  1. Musical Instruments

The bronze alloy commonly known as bell metal has long been the preferred choice of metal for bells and cymbals.  This is largely because of its timbre and durability.

Bronze is also a great choice for the windings of nylon and steel strings in instruments like pianos and guitars.

In recent years, instrument manufacturers have also started making saxophones.

If you’re in the market for a high-end musical instrument with precise timbre and tuning, chances are bronze is incorporated somewhere in the production.

  1. Architecture

If you’re looking to build a structure that stands the test of time and preserves its original, natural look, bronze is a great choice.

Whereas other metals will undoubtedly patina over time, bronze’s raw, pinkish finish can be maintained with frequent oiling and polishing.  Treatment of architectural bronze can also be achieved through periodic applications of specialized lacquers.

  1. Safety Tools

Steel tools like hammers, mallets, axes, and wrenches can cause sparks.  If they’re used in close proximity to flammable materials, they can pose a serious safety hazard.

That’s exactly why bronze has become an increasingly popular material for these tools.  It’s non-magnetic and spark-free properties virtually ensure safety, even when working around flammable objects.

Become an affiliate marketer on Instagram and make $3000

Unlike becoming an influencer and getting paid per post, as an affiliate you get paid on commission. The average affiliate commission rate to expect is anywhere between 5% – 30%. Your sales will most often get tracked with a unique promo code or UTM link. On Instagram, affiliate programs often go by the name “Brand Ambassador.” You can either apply to become one on a company’s website or be approached by the brand.

The number of followers you have is not a deciding factor for brands looking to hire affiliates, rather they want to see that you’re a fitting person who connects with their audience.

In advance, you should know that you can only add product links on the app in your Instagram bio or your Story (if you have over 10,000 followers). Since these two places are limiting, you might also consider creating a blog and writing SEO-optimized blog posts about the products with trackable links.

 

 
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