Overlaying fundamental factors on technical information (known as hybrid analysis) allows for analysts to understand what moves the market. Hybrid analysis is useful in particular when it comes to stocks and options (as opposed to currencies and futures) as direct links can be more easily drawn between stock price and fundamental factors. When used in...
Proximal and distal lines used here to highlight a type of consolidation pattern known as a triangle pattern. Consolidation patterns are commonly understood to represent the redistribution of an asset due to shifts in sentiment, profit taking and/or revaluation. In this particular case, due to recent break of an area of price-interest (5,800-6,200), I would...
S&P500 has enjoyed a strong upward move in 2019. We see that it has continued to make higher highs and lower highs which is positive for the S&P500, yet we approach a trendline that was created by a sloping triple top which has held strong since October. Should the price penetrate this line, $2776, then we could see a continued move upwards for the...
In this educational idea I’ll cover the SMA cross strategy. I’ll will cover how it works, what my peripheral values are and how it can work for you. The Simple moving averages cross strategy is a strategy where you buy something on a buy-signal of the indicator and sell it on a target, for example if you had 5% profit. What is a moving average? A moving average...
Think of the market not bound by Ponzi schemes or conspiracy theories, but instead of one gigantic physics experiment. The candle sticks you see printed on any pricing timeframe for any given asset is electricity as the fuel represented by humans’ cycles of Fear and Greed. Electricity is the energy component that moves the markets. It takes more energy to...
Shout out to Chris Moody on tradingview and his indicators. Tons of free ones that are visually easy to read, understand and can save you a little time. More importantly saves you some eye strain! Cheers, Bobby
If this resistance holds we could see a nice move down, but if it breaks we can look for the move up to at least fill the range of the fake out (false break of resistance)
$NVDA currently has higher lows and lower highs! What is this opposite day? Which side will break first? Earnings Incoming! $SPY $QQQ $DIA #StockMarket #stocks #Investing #Wallstreet #Money #SwingTrade #MondayMotivation #OptionsTrading
Hi all, I've been getting a few DM's and emails on what I think of the current price action. In past videos and written publications I have said that things got into extreme overbought territory on the shorter time frame charts. I mentioned that things could trade sideways and be a little choppy for a few days while momentum rolls back to neutral territory. If...
largest time frame pattern (blue): falling wedge, ETH has been riding resistance for a while, a drop to support would be devasting bring price to the 10-25 dollar range...(funny oscar predicted ETH to 16, and i have a chart to support that). medium time frame pattern (red): descending wedge, ETH fell outside of this pattern in december but got right back into it,...
Hi there, The goal of every market speculator is to be able to think and trade confidently themselves. Not having to rely on anyone person. But to get there you need someone to tell you some basic first steps. If you are just starting out there's no need to go full obsessive reading every TA publication on tradingview. In most cases the best way is to simply...
10 minutes go by so fast....like/follow/comment. Part II coming out soon.
If you appreciate please hit the like/follow and comment. *correction towards end of video. RSI overbought is anything over 70, not 80. Thanks, Bobby
Not all trendlines have to be build using higher highs and lower lows. Some work perfectly as a trend direction and parallel channel middle line. The more bounces it has the more important it is for the chart (not stronger, but important). Also pay attention to volume - it should increase at line cross or bounce zones, confirming the line. Example - look at blue...
BITFINEX:BTCUSD My chart speaks louder than words. Daily bitcoin technical analysis with fewer words and more information so that you can have maximum information just with a glance without wasting any time. Disclaimer: This is purely a technical analysis and it is to be used for entertainment purposes only. This is not a financial advise to buy or sell...
Bearish symmetric pattern formed for a long term view
Hey TradingView In this video I will be going over a swing trade from this week and breaking down how this trade could impact a trader's psychology both positively and negatively. I also cover some easy to implement strategies that will make it much easier for you to let your winners run. It really bothers me how little attention seems to be devoted to trading...
Hey TradingView - In this video I cover the concept of trade triggers and what actually gets us into the markets. Specifically I try to illustrate the point that I keep making over and over: >> GOOD TRADERS WILL SPOT THE SAME TRADE AROUND THE SAME AREA. WHERE THEY EXACTLY GET IN AND WHY WILL BE DIFFERENT << So I will show you a little bit of...