I get this question from time to time. Which is better ? Diversify your stock portfolio or place all bets in one sector ?
The answer really depends.
You heard of people becoming millionaires trading cryptocurrencies, high risk stocks like Gamestop, AMC Entertainment, IPOs, commodities and what have you.
Personally, I prefer a diversified portfolio for a fairly...
Trend lines drawn from the 2/16 ATH (12d), 2/25 (5d) and today 3/3 (1d).
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog.
-=x=-=x=-=x=-=x=-=x=-=x=-=x=-
Wednesday, March 3, 2021
Facts: -2.7%, Volume higher, Closing range: 1%, Body: 90%
Good: 13,000 just barely holding on
Bad: ...
After pulling back from 1.56% and consolidating for two days this week, US 10Y yield started to moving again!
From the daily chart, it's inevitable as the recent demand zone holds very well!
What I'm expecting is the below two scenarios:
1. yield keeps going up and investors are scared to flee the stock market. Bull market ends!
2. yield keeps going up and...
Okay, let's get straight to it. In physics and mathematics, a sine wave or sinusoid is a mathematical curve that describes a smooth periodic oscillation.
Key Points:
You only need to understand 3 concepts about a wave:
Waves are described using the following terms:
Peak – the highest point above the rest position.
Trough – the lowest point below the rest...
I'm going to give you your daily dose of euphoria with this idea and for that I'm going to keep it nice and short! Joking aside, this one is indeed one crazy fractal, but so far it has been playing out perfectly.
On the left chart we have Bitcoin's price action in 2020/2021 and on the right chart the Parabolic Run of 2016/2017. I will not get into much detail but...
Hi Everyone! Simply a look at several time frames to point out WHY one should be cautious considering a margin long at present. The "odds" of future downward pressure may be growing by the next 3-Day candle.
BTCUSD H8: PT BULLS 70-75K USD - seek to BUY LOW (NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BTCUSD 8hour chart review/outlook
::: BTCUSD getting overextended now
::: nice progress so far exactly same
::: as january 2021 fractal
::: CORRECTION NOT OVER YET!
:::...
Long XRP/USDT
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 occurs at...
As we can see we would expect continue of falling from this level that we have rejection from 0.38 % of Fibo or the price will pump a little more to 0.61% of Fibo (second retest of broken trendline too) and then start to fall to our targets .
Targets are :
A.1.3850
B.1.3780
purple arrows are previous analysis that are :
...
Hello traders:
Paying close attention to AUDUSD for the sell setups.
We see price has reached to the top of the HTF wedge structure, and a strong reversal impulse to push the price down.
Naturally after a strong impulse phrase, the market will be correcting, and we are seeing exactly that.
I would wait for this LTF correction to complete, and look for the...
☑️GBP_USD is trading below local rising resistance
And looks bearish on the lower timeframes
Therefore, I am expecting the pair to fall
To retest the rising support
SHORT↘️
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The price has broken through the 0.98800 key area and has come back to re-test it. From this point we are expecting the price act according to our PATH indications on the chart🙌🏻
In case the price breaks the .988 area of resistance, the idea vill be invalid.
First of all, dips happen all the time. There are always pullbacks in price and they happen for various reasons. Here’s a checklist I quickly wrote down for myself. The chart here shows Square, mostly because it has been on an epic run! Congrats to those who have enjoyed it. I was once a proud owner of this name, but sold after it seemed to get a little "frothy." ...
Hello,Traders!
S&P500 is trading in a rising wedge
And it is now trading closer and closer to the support line
Therefore, I am expecting SPY to bounce off the support
And go higher to retest the ATH
As the buy the dip mentality works wonders on SPY lately
Buy!
Like, comment and subscribe to boost your trading!
See...
Hi every one
TESLA INC
Tesla has formed two bullish patterns! One is the ascending triangle, which is the same as before, and now we have an ascending flag with a hidden ascending divergence (+ HD)! These signals indicate that the price can continue to move upwards and complete the 5 Elliott wave.
Traders, if you liked this idea or have your opinion on it,...
TESLA - No one seems to be talking about it. Classical hype peaking?
We think so. What gave TESLA a bullish run was not its futuristic earnings but its hype.
We have first target of 600$ and then 400$ as a second target.
Trend lines drawn from the 2/16 ATH (12d), 2/25 (5d) and today 3/3 (1d).
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog.
-=x=-=x=-=x=-=x=-=x=-=x=-=x=-
Wednesday, March 3, 2021
Facts: -2.7%, Volume higher, Closing range: 1%, Body: 90%
Good: 13,000 just barely holding on
Bad: ...
Conditions are stabilizing again so we avoid a bigger selloff just in the nick of time here but as it stands a close below the tip of this 1M Pennant isn't looking great especially given the multitude of various bearish structures contained within.
Conditions also seem likely to improve the next few days so some bigger down movement may have to wait until next...
overhang above the level support.
Waiting for the altseason!
what do you think?
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK...
The price for the USD is currently at
the key resistance area.
Will be monitoring this level very closely right now.
When there is enough rejection,
it can resume its downtrend.
Bias is still to the downside unless it
has a strong breakout!
I get this question from time to time. Which is better ? Diversify your stock portfolio or place all bets in one sector ?
The answer really depends.
You heard of people becoming millionaires trading cryptocurrencies, high risk stocks like Gamestop, AMC Entertainment, IPOs, commodities and what have you.
Personally, I prefer a diversified portfolio for a fairly...
As you see, in the Weekly time frame we have an uptrend which is in the correction phase for now. Price has retraced more than 50% and is approaching to the strong support levels (1695.59, 1682.00 & 1657.00). IF this week’s candle closes below 1700, I expect the price to fall around one of the mentioned support levels and also retesting the ascending trend line...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for SILVER, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Hello, here is a cheat sheet for Elliott Waves for top 10 Rules, so you can print this out and keep on your desk.
The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors....
Share the names of your favorite follows in the comments below. Together, we can build a list of the most interesting traders, investors, and market thinkers. We'll also give out TradingView Coins to those who uncover new and interesting names on TradingView. Just tag their @ username and we'll tip you Coins if we agree. 🎉
To get started, head to the comments...
" Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime " - unknown origin *
🔴 What does this quote mean, and how does it related to trading (signals)?
The quote means that you can indeed resolve an issue by providing a hungry man a fish, serving his immediate need, but if you really want to help him you should...
Hi Traders. Today's I'm going to discuss about "Fear of Missing Out (FOMO)". It is a very common trait among new and experienced traders. Till present, I still have this 'evil' occasionally popping out leading to unnecessary loss. One thing to remind yourself is that, emotion isn't something you can eliminate completely. Human beings were made with emotions, what...
Hello Traders,
This is my second Multi Time Frame Candles script but with this new one, you will have some new features such volume info, remaining time to close of higher time frame candle and also developed using new features of Pine such array of lines. also I tried to make it 3D for better visualization ;) also it shows new highs/lows / breakouts.
I...
The following indicator returns a line bouncing of the extremities of a Donchian channel, with the aim of replicating a "zig-zag" indicator. The indicator can both be lagging or lagging depending on the settings user uses.
Various extended lines are displayed in order to see if the peaks and troughs made by the Donchian zig-zag can act as potential...
====== ABOUT THIS INDICATOR
- A simple but highly customisable display of previous higher time-frame
OHLC values, drawn using line.new and label.new. Nothing fancy but...
- Customised resolution input which excludes time frames lower than 1 hour
while extending the common higher reference inputs to include:
• 6, and 12 Hour
• 5...
This script generates pseudo-random asset data . Due to the nature of the random generator, it is impossible to use this indicator as input for other indicators because the instance of the script that the indicator is applied to will automatically be different from the instance that is plotted on the chart. Therefore, the idea is to use this script in other...
Hi Everyone! Simply a look at several time frames to point out WHY one should be cautious considering a margin long at present. The "odds" of future downward pressure may be growing by the next 3-Day candle.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for SILVER, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
![SPX: [SPX] I Spy With My Little Eye... a 1M BEAR Pennant!](https://s3.tradingview.com/4/4PCUJhk5_mid.png "[SPX] I Spy With My Little Eye... a 1M BEAR Pennant!")
