Hello everyone, in this video we are going to talk about the possibilities to personalize your charts and therefore improve your own strategy (emotionally) and the attractiveness for other traders. Feel free to check out the previous two videos where were talking about trends, candlestick- and chart-patterns.
Basic understanding of Candlestick- and...
Summary: Commodities have generally beat a path back higher this week, and most commodity-linked currencies have responded with a break higher. Even the ruble is back on the recover path despite US sanctions. If commodities and pro-cyclical currencies post a solid close today to end the week on a strong note for the reflationary theme, we could be set for a...
Today we have a quick setup to share on BABA; in the title, we said it is a "Risky Trade" Why? Because the stop is super tight, and the volatility can trigger the setup and then go towards the stop loss in a matter of 4 to 5 candlesticks (even less, you never know)
However, with all that said, let's take a look at this idea.
a) The price is on a clear support...
There is no right way to do something in trading... but there are wrong ways! I see new traders making this mistake with Multiple Timeframe Analysis and I want to point it out so that they can get better!
Check out my video where I first talked about Multiple Timeframe Analysis below (Two KEY trading concepts in one example)
Hello my friends!
Today I would like to look at the other side: Many are still strongly bullish. And Bitcoin has developed perfectly.
B U T we should also always observe the other side and take it into our callculation. There is a Indicator called PiCycle indicator. It was been very accurate in the past. On 12 April 2021, we crossed the PiCycle. The Pi Cycle...
Yes, I'm bullish Bitcoin in the long run, but in my opinion, sometimes, in the near future, a deep correction will happen, and the road "to the Monn" will not be a straight line.
I have 2 main reasons when I say that bulls lost their power:
1. The ATHs are anemics
2. The trend line and horizontal support are touched too many times , are too obvious, and to make...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
XRP is approaching a strong demand zone in green so we will be looking for buy setups on lower timeframes.
on H1: XRP formed a valid trendline in red but it is not ready to go yet. We want the buyers to prove that they are taking over by breaking above the last high.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
USDCHF is sitting around daily support in green so we will be looking for buy setups on lower timeframes.
on H1: USDCHF formed a valid channel pattern in blue. But this buy isn't ready to go yet. We want the buyers to prove that they are taking over first.
Trigger => ...
USDJPY D4: PT BEARS 99.00 short rips/rallies (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses.
🔸 Summary and potential trade setup
::: USDJPY 4days/candle chart review
::: updated/revised outlook
::: previous bullish setup FAILED/VOID now
::: focus on shorting...
For several weeks now, the price has been at a strong resistance line, trying to break it. However, the line holds back the pressure.
The price has already started to fall and I expect an even bigger fall. The target is the nearest support line.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad 👩💻
As I said last weeks... EU closed over Fibonacci 786 and it has over sold in the last few weeks that's why I expect an ascent in the Fib 618 area
THIS WEEK..EU also climbed above Fibonacci 618 and closed above Fibonacci 0.5 from where even if it climbs to the 1.20150 area ... it will have a 40-50 pips rejection and then ... UP again
NOTE: Please, give a LIKE if...
bouncing off previous 52w breakout which is shown in the purple channel, resistance from the past is now support, might take a week or a month, but the next wave to the upside is around the corner, look for a big bull run to 325-400 in 2021 on FB! goodluck :) dont forget to like and follow if you enjoy my ideas <3
i have been bear biased since the begining of the crash , unfortunately that has cost me alot . the uptrend is clear here the channel holding solid, every dip buyers got rewarded big. there is not sign of market reversal , once that happens the trend will change to downward, the fed cant keep money flowing in for ever once they stop , this will stop too. ...
The chart is self-explanatory.
Previous "Bear Market" for this stock was -61% ---> this is considered normal, for such a growth stock
(Go check historical corrections of AAPL, and see that regardless of large percent corrections, the stock did new highs).
If the price will go to $26 we would expect the price to hold that level and try to test for the high.
Long and short IBC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
technical say =powerful sell on nazdaq(and germany dax)
nazdaq must see fibo 61% 13300 soon or late
green=trend base FIBO EXTENTION(projection) pro fund traders use it for find target ,you can find how draw it in youtube =fibo expantion
The S=P 500 has made yet another "blow off" record high
this week, but in doing so it has put the technical structure of the pattern
in an exceedingly dangerous position, with support weakening as price rises.
Put another way, the risk in the market continues to rise, now reaching the breaking point.
When this highly unusual resolves itself
the breakdown will be...
USOIL after the recent high started a retracement move until the weekly support at the 59 area over the 0.618 Fibonacci level.
The market attempts to break below a few times and consolidate before starting a new impulse.
According to Plancton's strategy if the price will break above and the conditions will be satisfied we will set a nice long order.
Gold managed to break and close below a strong daily resistance cluster.
Now that structure turned into support and serves as a safe point to buy from.
It looks like the market returns back to a global bullish trend.
Next goal - 1810 (yellow underlined cluster)
❤️ Please, support this idea with a like and comment!...
📣 Despite the momentum in the value of the safe haven currency over the past trading week, the overall market volume according to CoT reports is down 1%.
The net outperformance of buyers declined by 2%, while locked-in investor positions increased by 1%.
That's why during the first half of the new trading week we expect the price mark of 1780.00, near which the...
It all starts with a positive outlook on the market situation, which leads the trader to open a trade. The trader is looking forward to future success.
The market starts moving in the predicted direction. The trader anticipates events and hopes that success is assured.
The market continues to move in the direction the...
In this article, we will present some basic information about the bedrock of technical analysis – the trend.
Technical research is founded on one main assumption: market prices move in trends as they are freely traded. Traders and investors hope to buy a security at a low price at the outset of an upward trend, ride the trend, and then sell the security at a...
The Fibonacci Channel is a technical analysis tool that is used to estimate support and resistance levels based on the Fibonacci numbers. It is a variation of the Fibonacci retracement tool, except with the channel the lines run diagonally rather than horizontally.
The tool is used to aid in identifying where support and resistance may develop in the future. If...
What is a Whale, and Why is Archegos Capital One?
Archegos Capital is what's called a "whale," meaning it's a big enough hedge fund that it can drive prices higher all by itself. Since a lot of traders buy "momentum" stocks, whales can make money by manipulating prices higher and then selling to "dumb money" that buys momentum stocks without regard to...
This script demonstrates how to display Unicode characters and symbols, including emoji, in Pine:
• Part 1 displays multi-line labels on hi/lo pivots.
• Part 2 displays price/volume bumps using small up/down arrows plotted with plotchar() .
• Part 3 detects bounces and uses plotshape() to mark them.
You can use our `f_bounceFrom()` function from this part...
Pinescript only allows the use of one type of font in texts and label, which causes some inconveniences:
- It's hard to make a label or text "look nice" and clear because it's not possible to use a different font for titles, etc.
- Because the default Pinescript font is not a monospaced font, (in Pinescript different characters have different widths)
This script is a grid bot simulator for ranging/choppy markets. Prices are divided into grids, or trade zones, that will trigger signals each time a new zone is entered. During ranging markets, each transaction is followed by a “take profit.” As the market starts to trend, transactions are stacked (compare to DCA), until the market consolidates. No signals are...
Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management.
Litecoin (LTCUSD) - Running about 2% profit
Stellar (XLMUSD) -...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
From what we see, DOGE has a repeating pattern in that we have 3 basic trends in common. 1st, we seen an unpredictable spike of over 200% per cycle. Each spike being between 200% to 1,000%. 2nd, there is a price drop of ~50% with a short term recovery of 25%. 3rd, after steps 1 & 2, DOGE enters an accumulation period of about 30 to 70 days before seeing its next...
4.17.21 DOGEUSD this is a general update and quick review looking at the daily chart. At the end of the video, I opened up the 4 hour chart that show more detail and had potential trades...but we ran out of time. More videos to come on this market.