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...
As we can see we expect that price get some more correction and reaching targets and support zone that marked on chart .
some strong support zone created on chart and you can see them for example previous resistance zone that shown with green rectangle and now is important and strong support
or the green trendline
price can easily...
Similar like Ripple, I can see the strong bullish price action on Stellar.
Price managed to break out of the HTF correctional phase, and a strong bullish LTF impulse to push up.
We are seeing yet another continuation correction in the making, good indication for further upside once correction completes.
I would wait for either a breakout right...
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...
AUD-NZD is trading in a massive wedge on 3D chart
Also, we might notice a rising wedge inside this wedge
What concerns my bias on the pair
The proximity to the 3D falling resistance makes me bearish
So while I think we might retest it,
I think the pair will fall to the internal wedge support
now is a waiting game on this pair and if you are patient enough the you will get this buy. for me to buy strong impulse need to be there then correction to buy. this is a good buy. are you looking for sell then you will need a correction not aggressive move up for you to look for sell. good luck
your likes, share and comments below keeps us going...
Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in...
Hangman candle at top of bull wave suggest opening lower on Monday followed by pullback to 400-402 levels. Highest MFI reading!! more likely will re-test that red channel. if breaks it down then more likely to see 10-15% correction which will lead to 395-385-373 levels but market showing soo strong signals and may be this current bull wave last to Oct or Sep but...
Mercedes EQS and EQB SUV are the Daimler`s flagship models to take on Tesla.
EQS is the electric version of the company's Mercedes-Benz S-Class luxury sedan begin selling in the U.S. and Europe this summer.
Mercedes EQS is "the most aerodynamic production car in the world," resulting in low wind noise and added range. It will be available with a maximum range of...
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...
check related idea down below to understand dominance better , we are at the 52-51 dominance level , last touch was 1 april 2019 , that time bitcoin has 170% gain to level 70 dominance in few weeks and to 14k price , also rsi is oversold in weekly dominance wich wasnt back in 2019 , we must wait and see what dominance do with this support , if it reacts , it would...
Be cautious though, big institutions and whales that accumulated at the right moment in 2019-2020 (including me :DD), are up thousands %. So don't be shy to take some alt profits, momentum is very hard to stop, and right now BTC.D is helpless
Let's take a look at the Vix with a Heikin Ashi candlestick, and on a log scale. Notice the RSI on the monthly timeframe is 43, after hitting a similar RSI high in March 2020 (80) to that of Nov 2008, when the RSI was around 80 as well. The post November crash RSI low in the Great Recession crash was around 40, and we're at 43 now on the bounce. In 2010, abruptly...
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...
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.
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.