Many of you may have heard this old business maxim before, but if you haven't, it essentially means that the people who made the most money during the gold rushes in centuries' past were the people who sold picks, shovels, and mining equipment to the miners. Sure, every now and again a miner would strike it rich, finding a profitable ore vein or massive nugget of...
Stellar performance and a covid-19 pandemic hero, Zoom has had mind-boggling performance in 2020. However since the vaccine news are out and the world tries to return to normal the stock has lost steam.
This poses the question, is stock a story of the past or is it a buy-the-dip situation?
Well from a valuation perspective and if we believe the analyst...
Introduction
If you're here on TradingView, it's probably because you believe that charts and technical analysis can give you an edge in the trading of currencies, metals, cryptocurrencies, and stocks. Granted, sometimes technical analysis doesn't work, but it works often enough to keep hundreds thousands of traders coming back here day after day. The larger...
Hello everyone:
In this quick educational video, I will go over how I utilize Head and Shoulder Pattern/structure in the market.
Specifically, how I identify reversal price action from a Head and Shoulder Pattern.
It's important to understand that Head and Shoulder Is a reversal structure in the market.
When we identify these patterns, they are usually at the...
LITECOIN is having a good time. But will it last?
As you can see, LTC is now trading inside two red trendlines forming a rising channel.
As it approaches the upper green resistance, LTC has to decide between these possible scenarios.
1- Reversal:
The lower red trendline is not valid yet, so for the reversal to be confirmed, we need LTC to form a third...
Hi,
Be ready, the big move is coming but is it $50.000+ or $20.000?
Sometimes, to remove the market noise, you should use a line chart to get a better understanding of the strongest areas in the chart.
Today I caught a small move upwards but nothing more than that, the market just waiting which means we are really close to getting a huge move but atm I don't...
☑️ BITCOIN is still above key rising support line
Therefore I am bullish biased on BTC
Thinking within this paradigm lets turn our eyes to the obstacle
That is the falling resistance line
Which prevents Bitcoin from going Up
Being bullish, I am waiting for the breakout of this resistance
Which would signal another...
With the hype machine in full force, it is important to put levels and RISK into perspective. In this brief analysis, I want to provide some perspective to those who are in this alt with varying expectations based on time horizon. Earlier today we trimmed out of more BTC, ETH and LTC from our long term portfolio.
While the current location is highly celebrated,...
Welcome to our weekly trade setup ( EURCAD )!
-
1 HOUR
Bullish price action after previous support zone was hit.
4 HOUR
Overall bearish market about to turn..
DAILY
Great long entries, price about to jump up.
-
FOREX SWING
BUY EURCAD
ENTRY LEVEL @ 1.54360
SL @ 1.53490
TP @ 1.55620
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different...
GBPUSD H4: SHORT IT! +300 pips TP BEARS. SHORT/HOLD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: GBPUSD 4hour/candle chart review
::: XABCD setup in progress
::: RESHORT IT from overhead
::: TP bears is +300 pips
::: final TP is 3400
::: shorting is higher risk near C
:::...
We have a uptrend here and after a sharp rise, it seems like price has started the correction phase, IF it could retrace around the marked demand zone (the green rectangle) and pushed to the upside by bulls, we can expect a rise around 142.200 in the future.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: USDJPY is sitting around strong resistance in green and blue trendline so we will be looking for trend-following sell setups on lower timeframes.
on H1: USDJPY is forming a trendline in red so we will be waiting for a new swing low to form around our lower trendline...
QQQ is overall bullish but a reversal is always possible.
As you can see, QQQ is trading inside the blue trendline forming a channel.
We have two possible scenarios:
1- Continuation:
The upper orange trendline is not valid yet, so we will be waiting for a third swing high to form around it (as shown in purple) and then buy on its break upward as a...
Stellar performance and a covid-19 pandemic hero, Zoom has had mind-boggling performance in 2020. However since the vaccine news are out and the world tries to return to normal the stock has lost steam.
This poses the question, is stock a story of the past or is it a buy-the-dip situation?
Well from a valuation perspective and if we believe the analyst...
Lockheed Martin Corp
The price broke out from a descending channel and related this with all the other criteria that I am observing possibilities are very high for an upward movement again.
Targets:
$364
$377.46
Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Thank you and Good Luck!
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-TD9 counts / combo review
-Key S/R levels
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-24/7 uptime so constant updates
IBB H4: BEST Level to BUY/HOLD 25% gains(SL/TP)(STOCKS)
IMPORTANT...
hey traders,
it looks like dxy returns to a bearish trend again.
after a quite impressive growth from 6th January, yesterday the price broke below a support line of a bearish flag pattern on 4H.
that breakout may be a perfect trigger for the initiation of a new bearish wave.
for now, I expect a continuation to...
Not very good for the dollar. Dropped out from a rising wedge as well. First target is 89.9, second is 89.2.
Now the hope for the dollar is a double bottom at 89.2 or some unexpected event that will go against the technical patterns.
Gold is going up and look stronger.
BTC has flipped correlation to positive, so a drop in DXY is a drop in BTC.
The Buck was already losing altitude before the return of US markets from their long MLK junior holiday weekend, but the pull-back has continued through 90.500 in DXY terms to 90.401 vs 90.768 at one stage and from within a whisker of 91.000 yesterday, assessing US Treasury Secretary nominee Yellen’s confirmation Q&A where she is expounding the virtues of a...
☑️ GOLD is trading between the two lines
While also being suppressed by the horizontal key level
Thus, the upside seem limited at the moment
However, the price action suggests a possible upward move
Therefore, I expect Gold to go UP first
With the maximum target being the resistance
And then to fall from there...
We're consistently making higher lows, and I suspect this time is no different. Maybe it's just me, but Vix looks incredibly cheap, considering the fact that half of America's GDP has just been replaced with a printer. We're going to run into the long-term descending (green dotted) trendline soon, and Vix will explode. The current policy path is not sustainable,...
Gold is ready to go lower due to the fact that price stopped growing nearby resistance level and probably can change trend now, price can go down and reach support zone.
What does this have to do with trading? Everything. Trading is mental.
Before continuing make sure to like and save this post.
Your trading errors don't come from the market , they come from your own perception and reaction about the market information.
Neurons are what transmit information to different parts of the brain. The stimulus starts in the...
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...
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.
Hello traders , here's GBPCHF ANALYSIS . As you can see we have a continuation pattern structure. Make sure to check the entire video to understand the market structure.
it looks like price in long-term is bullish if that's the case keep an eye into this potential trade, let me know in the comment section what do you think about this trade.
Many reasons :...
![MESH2021: Raindrops [Makit0]](https://s3.tradingview.com/d/dJr8hv4v_mid.png "Raindrops [Makit0]")
