Advanced Silver Bullet Strategy made me over 5k- Make sure to take your Silver Bullet false breakdown WITH higher time frame CONFLUENCE - 4HR chart has a clear bullish FVG - Use 5 min FVG to enter! RINSE AND REPEATby tradingwarzone4
My idea on where we are going --> Higher!Big picture you see an inverted H&S, then zoom in on the right shoulder you can see a smaller inverted H&S forming. If we get a cooling in the labor market and lower inflation readouts then I expect small caps to explode to the upside. Longby Mhajda182
SPY ACTION 060424Commentary for Tuesday morning 6/4/24 in regards to Open Options activity for SPY options expiring 6/7/2024. Happy Trading,Long03:00by twocowzUpdated 4
The Mechanics Of Trading - Part XIII - Failure At New HighPart XIII - Failure At New High I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.06:17by BradMatheny4
The Mechanics Of Trading - Part XII - 6-4-24 FlagsPart XII I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.Education23:46by BradMatheny1
Stock Market vs Govt Bond Market. At the Dawn of ChangesIt's been 3 months or so since the late March quarter bullish exuberance took the stock market, Ethereum (ETHUSD), Bitcoin (BTCUSD), other crypto assets to their new 52-week and all-time highs. This is now changing, while the stock market and cryptocurrency markets have stopped making new highs, despite the fact that Roaring Kitty is once again deafening everyone with her phenomenal calls. Quite high inflation reports for the first quarter of 2024 became a kind of βcold showerβ both for the market and for expectations of a possible reduction in interest rates, while the markets have been living this still unfulfilled dream for almost the last year and a half. The Federal Open Market Committee is unlikely to adjust rates at its upcoming next meeting on June 11-12. In any case, the prospect of any immediate rate adjustments is estimated at a modest 0.1 percent. It has been nearly a year since the FOMC last raised the federal funds rate to its current target range of 5.25% to 5.5% in July 2023. And while FOMC members have signaled that labor market weakness could force them to cut interest rates, the labor market remains broadly resilient and unemployment low. Fixed income markets are forecasting that September could be the first interest rate cut of the cycle. However, this is not certain as the estimated odds are currently around 50%. And again, these forecasts implied by the market can quickly adapt to economic news, and again - turn out to be unfulfilled dreams, just like the dreams of rate cuts that, as discussed above, markets have been living with for the last year and a half. The main technical chart is the ratio, between iShares Core S&P 500 ETF (IVV) that is similar to mostly known SPDR S&P 500 ETF TRUST (SPY) on the one hand, and Ishares 20+ Year Treasury Bond ETF (TLT) on the other hand. Both ETFs (IVV, TLT) were taken in "Total return" format. In technical terms, the graph indicates on Bullish upside channel, as right here we're near its upper line, exactly like 17 years ago in second quarter of 2007. Auxiliary RSI(14) chart indicates also that Stock/ Bond ratio is too overheated in favor to stocks. The idea should not be seen as a call for immediate action. However, it is wise to keep in mind that investing in stocks can seriously underperform Govt Bonds in the medium to long term. by Pandorra4
$IBIT: Bitcoin's next leg up is hereBrace yourselves! Oh, and go long if not long. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie1
BTC ETF: If you had been holding off from buying, now's the timeI'm positive the post ETF selloff is over, AMEX:GBTC redemptions slowing down for 3 days, and 4h is showing a bullish Time@Mode pattern. (also forming in spot #BTC) Low risk entry here, I favor NASDAQ:IBIT personally, but ETF selection is up to you. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrieUpdated 8
SPY Flag Apex Resolves Into Wash-Out Low - BULLISHSPY Flag Pattern resolves into a Wash-out low pattern - setting up a very big BULLISH price rally. As long as key support near 524.70 holds, price should expand upward targeting 530-531+ Watch my other TradingVide videos to learn the Mechanics Of Trading. Everything you need to know is in PRICE.Longby BradMatheny1
The Mechanics Of Trading - Part XI - SPY Flagging ExamplePart XI I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.Education19:39by BradMatheny1
SPY levels update - Still waiting First of all, I would like to note that the price found support roughly at the zone noted earlier : flag bottom + 21EMA. Yes, we got a shakeout, but it was not followed by high volume and was aggressively bought back. We are still inside the flag, with support around 523, where I see the Inv H&Sh pattern on the lower timeframe, as well as the 21EMA. If this level is broken, price may try the 50SMA (and the flag bottom). As long as the price is above these lvls - that is pretty positive!Longby ivanistrading0
QQQ - Wave 5 underwayY'all gonna get rekt shorting this. Wave 5 underway. Might get another dip the next few weeks and then off to the moon. Targets based on various EW counts.Longby fb82Updated 121218
Investing in the Absa Gold ETF listed on the NSEHello, Investors in Kenya and the wider East African region have long had the opportunity to trade in Exchange Traded Funds (ETFs) following the launch of the Absa NewGold ETF on the Nairobi Securities Exchange (NSE). This groundbreaking ETF, also listed on the Johannesburg Stock Exchange (JSE), has enabled investors to invest in an instrument that tracks the price of gold bullion, providing a stable and reliable investment option. The Barclays NewGold ETF, a product of NewGold Issuer (RF) Limited, with Barclays Financial Services Limited (BFSL) as the authorized representative in Kenya, trades like a normal equity security and is subject to similar tax treatments, denominated in Kenyan Shillings (KES). The ETF's price reflects the KES equivalent of the international market price of gold in USD. Each NewGold security corresponds to approximately 1/100th of an ounce of gold held in a secure depository, backed by physical gold, ensuring its value aligns with the gold market. Since its introduction, the NewGold ETF has positioned Kenya as a significant player in the ETF market within the Barclays Africa Group. Valued at approximately USD 1.4 billion at launch, it remains the largest gold ETF in Africa and one of the largest globally. The initial offering of 400,000 units valued at nearly half a billion shillings demonstrated strong market potential, with continued growth over the years. This ETF is a critical product of financial innovation, common in developed markets, offering benefits such as risk diversification, portfolio diversification, and ease of transaction. The NSE continues to support the growth of the ETF market through dedicated business development and public education programs, encouraging more investor participation. First listed in South Africa in 2004, the NewGold ETF has successfully expanded to Botswana, Nigeria, Ghana, Mauritius, and Namibia. Managed by NewGold Manager (Pty) Ltd, the ETF ensures that the gold is of South African origin, securely held by ICBC Standard Bank, insured, allocated, and independently audited. For investors looking to diversify their portfolios and invest in a stable asset, the Barclays NewGold ETF remains an attractive option. Kenya's robust position as a leading stock market hub in Sub-Saharan Africa, now enhanced by its established ETF market, offers a promising investment landscape for both local and international investors.Educationby thesharkke3
IWM about to freakin dieThese two patterns look very similar to me. I think IWM is about to take an absolute giga dump in the bed like Depp's ex wife. watch out.Shortby Fraggle_Rock442
UNG can it rally from another monthly low ? LONGUNG on the daily chart has put in another monthly low similar to that of December after falling from a double top in early January. Gas production may be low. Storages may be depleting as demand is steady even in mild winters. The indicators show mild bullish divergence on the zero-lag MACD and volatility compression on the Fibonacci levels with low volumes overall and selling predominating. RSI levels are in the upper 40s and staady. I see this as a long trade setup targeting first 22 near to the midline of the Fib bands and then 24 at the Fib retracement level for the trend down from October into late December. The stop loss is about 2% at 19. R:r 2.6 : 0.4 or about 6. Longby AwesomeAvaniUpdated 7
UNG Natural Gas ETF now rising from its reversal LONG (XNGUSD )UNG on a 120-minute chart has reversed from a long trend down which started in mid -January. This was a steep trend down from the start into mid- March where the trend angle lessened in a period of relative consolidation until May 1st where the reversal occurred. This is a falling wedge breakout with the trendlines of the wedge in thick red and thick green for resistance and support respectively. The VWAP band lines have been downsloping. Price is breaking through the lower band lines and heading toward the mean anchored VWAP line. Price is now above a EMA 100 Keltner Channel which is now trending up. I will take long trades here of both shares and call options. The targets are marked with black horizontal lines from pivots in Jnauary. The are in the levels of 21 and 26 for now. I would not be surprised if UNG moves up and targets the highs of last October at 30 in the upcoming months. Many utility companies this summer will be burning gas to generate electricity needed for air conditioning and demand should be rising. Longby AwesomeAvaniUpdated 4
Is the $SPY pullback over?AMEX:SPY Update: Pullback might be done! Testing the previous all-time high as support and the 21 SMA holds. Bullish momentum incoming? ππ Longby infinity_kk222
LOOK AT RECNZT POST P.2not much to say ive posted about it earlier just take notice of itShortby cw1sss221
UPDATE ON RECENT POSTIM OFF BY 1-2 days... calender date was a little bit lageged in such as i mean months ddidnt have excat amout of days comapred to rencent post... so date and time was off by 2-1 days we are gonna fall make a sow our sow to current date will fall expotentional then build our way back up slowly bust surely creating a ut will be the last up move before falling hard i mean wake up in mornig type of crap.. look at my next post to look at current price correlation share to your freinds and dont full port hahaha goodluck my "soarinigkittens"-gme guyShortby cw1sss0
DWX - 14 months COMPLEX FORMATIONββββββββββββββββββββββββββββββ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS π€Letβs learn and grow together π€ ββββββββββββββββββββββββββββββ Hello Traders β After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support πππ ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" βββββββββββββββββββββββββββββ β DISCLAIMER β The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting1
Don't get greedyI only shorted at the open because price hit resistance at the line I called, stay above. But as I was always aiming for a mild bullish scenario and the fact that if it did go up and hit that line, my shorts would be losses, I sold around 10 sharp, 10:05Shortby pogicraftUpdated 220
15 min chart15 Min Chart showing the Fair Value Gaps created towards the downside.by rakidoriiUpdated 0
Hold onto your hamburgers NASDAQ:TLT : major turning point? #us10y #gold #silver #dxy Channel breakout on a daily close, line chart basis. Longby DollarCostAverage115