Whether you are new or have been trading for 20+ years, this post is a reminder about having realistic expectations when it comes to markets. Patience, the desire to learn, and a positive outlook toward the future, especially over the long run, will help you on your journey. Here are some tips to get you started!
1. Code the markets
Financial markets attract...
Value investing is the pursuit of buying stocks that are currently trading at a discount to their intrinsic value. The idea being, that that discount is likely the result of a short term disappointment, and the share price will – in the long run – turn upwards toward its true value (making you a profit).
So how do you know if a stock is good value?
A lot of...
📌 Endgame in the economic cycle and illustrating a painful recession
Yields had the opportunity to move and successfully played the 'elastic band' rejection from the inversion in 2019, which despite the length of the global CB combination, can be expressed in no other terms than reckless. FED was obviously aiming for the ideal position (the frontal defence from...
We recently added two new tools that are available to everyone. The Highlighter is an easy way to highlight price levels, notes, and events on your chart. The new Signpost is a fast way to place notes that connect to specific price levels or events. In the chart above, you can see both of these tools in action. Below, we will give you a little more detail...
Hi Everyone! We are still waiting to see what occurs with the Blue LSMA and Red RSI in the Daily Time Frame. In the meantime, we have to wait and see what occurs in our lower time frames (90min. 3hr. and 6hr.) to get an idea if our price action continues stair stepping down further.
Happy Trading!
Stay Awesome!
As per our last analysis (attached below), we know that Bitcoin is still overall bullish and we will be looking for trend-following buy setups as it approaches the lower brown trendline.
As you can see now, Bitcoin is forming a channel in red (not valid yet) so we will be waiting for a third swing high to form around our upper red trendline to consider it...
Hello all,
Going into this week, tensions and uncertainty is high in the USA. This may cause a scare in global markets. After looking more into BTCUSD, I found this similarity from the last BULL cycle.
While looking at the charts, we can conclude a Head & Shoulders pattern is evident (red pattern). This pattern looks identical while comparing it to June 2019 to...
💎Technical Analysis Summary💎
BINANCE: BTCUSDT
-Bitcoin is showing signs of weakness after the 3rd rejection of the trendline resistance
-The price is coming back to its local support around mid 34k dollars
-This will be the 3rd retest of this area and that is definitely not a good sign in terms of price action
-We can expect a breakout of this triangle pattern...
A lower degree abc is completed which is the B wave of a higher degree ABC. After the completion of the ABC corrective structure we expect the next impulse up. I will keep updating this chart if necessary. Comment, like follow for more accurate ideas. Thank you.
I would presume neither Bulls or Bears are feeling
overly confident going into tomorrows earnings report.
Earnings are expected to be good, but it is the picture
which they paint for the future.
Will there be fee increases ?
How much will spending increase to compete in film?
Had Disney done any damage?
Support below the current price ranges from =
The POC...
Peppermint mochas out of season? oh well Starbucks released 5 new drinks to start off 2021! Now with earnings coming up we could see a nice rally. Sitting at the bottom of my channel here, could see a nice bounce near 101 and break of the recent downtrend line to retest ath, break over 107 I can see 110. Trading plan annotated in the chart!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
US500 is still sitting around its all-time-high and over-extended, so we are still looking for reversal sell setups on lower timeframes.
on H4: US500 is forming a channel trendline in red so we are waiting for a new/third swing to form around it to consider it...
💲 DXY Setup / Analysis
🕐 4h
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
———-
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
——-
Good luck
At the beginning of the month, the price tried to break through the strong resistances of 3784.6.
This is a strong resistance line that has existed since the summer of 2020.
So the price failed to rise above the line and collapsed.
The breakdown turned out to be false.
At the end of last week, the price broke the same line...
GOLD has seen some tough weather lately. I think the pain is far from over.
After producing a fake break out with a double top only two weeks of days ago, gold is falling again. It's to be expected that risk in the markets is going to decline with the inauguration of Biden soon, leading to a decrease in the demand for gold.
I've marked two areas of potential...
During the last week, the price has been moving within a small zone along the level of 1847.33, showing neither a strong rise or fall. Uncertainty in the movement of gold prices gives us two options for the development of events.
First option.
The price starts to rise and breaks through the strong resistance line at 1871.46. After that, it is fixed on it and...
After a big fall, price is still in the correction phase. IF price could rise and retraced around the resistance level (1860) and then got rejected by that, we can expect the downtrend to be started again.
After a low around 1820 last Monday, Gold has spent all last week in a range between this level and 1860 high resistance.
Friday the price encountered selling pressure and Gold has finished the week to the low boundary of the range.
Today s open was also weak for the yellow metal and we have a new local low at 1803.
From the technical point of view, we have a...
Candlestick Definition
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What Is A Candlestick?
A candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period. It originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming popularized in the United...
The holidays are here and we want to send our biggest thank you to everyone. The daily support, feedback, and outreach is invaluable. Thank you! 🙏
During this time, we're reminded of how important it is to be thankful. 2020 has been a challenging year, but together, we can make 2021 much better. Our goal is to continue building a platform that gives anyone, no...
" Many are called, but few are chosen ". Ever heard this proverb?
This is certainly true for trading, in fact, there is even a rule in trading about this, the 90-90-90 rule. So what does this rule say?
" 90% of traders lose 90% of their money in 90 days "
😱😱😱
That's right, statistics show that 90% of people who start trading lose the majority of their money in...
Here is the 5 TIPS TO DO with your mistakes:
1. Acknowledge Your Errors
So often, we say things like, “It’s unfortunate, but market goes opposite me” or "SEC lawsuit crashed prices, so I lose" But blaming other people or minimizing your responsibility isn’t helpful to anyone.
Before you can learn from your mistakes, you have to accept full responsibility for...
█ OVERVIEW
This indicator calculates relative volume, which is the ratio of present volume over an average of past volume.
It offers two calculation modes, both using a time reference as an anchor.
█ CONCEPTS
Calculation modes
The simplest way to calculate relative volume is by using the ratio of a bar's volume...
█ OVERALL
Plot raindrops (custom volume profiles) on user defined periods, for each period you get high and low, it slices each period in half to get independent vwap, volume profile and the volume traded per price at each half.
It works on intraday charts only, up to 720m (12H). It can plot balanced or unbalanced raindrops, and volume profiles up to 24H...
Dear all,
I wish a Happy New Year!
The last time I tried to developing a Volume Heatmap, that the Marketorders made.
With the currently version I achieve my skills for that and I present it for everyone - some bugs I cannot solve today.
It also possible to see the POC - also the dynamic of volume...
Hi Everyone! We are still waiting to see what occurs with the Blue LSMA and Red RSI in the Daily Time Frame. In the meantime, we have to wait and see what occurs in our lower time frames (90min. 3hr. and 6hr.) to get an idea if our price action continues stair stepping down further.
Happy Trading!
Stay Awesome!
🎥Video Idea Update on EUR_USD short Trading Plan
I Discuss What to do if you want to short
And I also give advise on how to manage the position to those who are short already
❗️Find the initial EUR_USD idea in the Related Ideas Section Below❗️
✅Like and subscribe to never miss a new idea✅
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
![MESH2021: Raindrops [Makit0]](https://s3.tradingview.com/d/dJr8hv4v_mid.png "Raindrops [Makit0]")
