Volatility is challenging. But it can also be exciting if you're ready for it. In this idea we're going to show you five tools to make better decisions for when markets are volatile, choppy or bearish.
1. Invert Chart Your Chart 📉
Invert your chart to see how it looks turned upside down. Open a chart and type ALT + I on your keyboard. On a Mac, type ⌥ + I. This...
Introduction
Within the past week, AMEX:SPY has become increasingly volatile, with massive gap ups and downs
followed by all day runs extending more than 3% in either direction. This is apparent with a cursory glance at the following chart.
With this volatility comes uncertainty, especially for those who are swing...
Two weeks ago, we highlighted some potential topping patterns on the S&P 500. It’s played out as expected, and now attention turns to the price channel highlighted in that idea .
Notice how prices ranged from the bottom to the top of the channel since November, including the middle of this month. But something changed this week because SPX didn’t return to the...
📌 ridethepig | Game, Set and Match!
In order to inform ourselves about the dangers of this move, we shall in what follows point to a few live charts which we called live together from 2019 that the 2s5s was going to invert frantically , and was a bad sign. It enables occupation of the dominos, which for those following long enough will know the one thing...
Hi Everyone! Simply pointing out we have a chance to continue with upward pressure to the last 12 hour candle of February 28, 2021 -OR- to the last 12 hour candle of March 1, 2021. Yes, there is still a chance we may be in a long drawn out slow stair step down. Why? Because there is NO GUARANTEE the price action must continue to go up significantly during the...
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BTCUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT...
As we can see BTCUSD is getting weaker and weaker (lower highs near this support = 45K )
Red path :
and when market create lower high near one support that means that market is getting ready to break support and created lower low too.
so 45000$ can easily break and we would expect at least 41000$ for our first target of falling scenario .
Green path :
But we...
Hi every one
Bitcoin / U.S. Dollar
this analysis is only an update on our last analysis on the BTC/USD! now there is a hidden bullish divergence(+HD) which makes the BTC/USD upward movement more promising for the coming days!
Previous analysis
Thank you for seeing...
Hello, Traders!
GBP-USD fell sharply recently in a correction move
And we can see that the pair broke a minor support line
Which means that the pair will most likely fall further down
However, GBP pairs are very bullish overall due to the brexit deal
And the weekly resistance hasn't been reached yet.
Therefore, I am...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURAUD is sitting around strong support in blue from Weekly so we will be looking for buy setups on lower timeframes.
on H4: EURAUD formed a valid channel pattern in red so we are waiting for a new swing high to form around our upper red trendline to consider it our...
Market maker this time outsmarted buyers who bought the breakout of a daily resistance
and sellers who shorted from that.
For now, for next week the outlook is still bullish though.
With the sequence of higher highs and higher lows, with our classic price action rules the market is still bullish.
From 1.203 horizontal...
CarLotz is one of the most promising young names that I like right now, and this is a play on the warrants of that company, which are listed.
Firstly, the underlying:
CarLotz is an online used car consignment company. Think CVNA, except CarLotz doesn't own the inventory, rather just markets used cars people / companies want them to sell. This stands opposed to...
NIO was the clear front runner of EV stocks since March 2020.
For the first time since April 2020, it crossed below its 50 EMA, what makes it different this time is
1- this is the biggest correction (+37%) in price since March 2020, all 3 former connection (25-36%) were less than this time!
2-in the past 3 connections NIO passed its previous high in 30 trading...
☑️Now that the local highs were established on both Tesla and Bitcoin
It is fun to see how the two giants and the two hypes of 2020 compare in their performance from 2020 lows
BTC grew by 1482%
TESLA grew by 1214%
So Bitcoin is technically winning so far, but when I think about the fact that Tesla is an actual...
Long and short TOTAL
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...
The Fibonacci Forecast technique illustrated comes from Robert Prechter's book "Beautiful Pictures" in which he noted the DJI 1932 to 2000 bull run was equally bisected by the 1966 major top. Also shown was the 1974 to 2000 DJI move bisected equally by the 1987 top.
If the same phenomenon is happening with the SPX 2020 to 2021 move, 02/16/21 could be a very...
The Market Week in Review is my weekend homework where I look over what happened in the previous week and what might come in the next week. It helps me evaluate my observations, recognize new data points, and create a plan for possible scenarios in the future.
I do occasionally have some errors or typos and will correct them in my blog or in the comments on...
Hello Trading Family, Gold is approaching an interesting area. What I call "TRIO RETEST"
Here is why => The Highlighted Orange Circle is the intersection of three key rejection levels/zones.
Retest 1: Brown Trendline
Gold is overall bullish and currently testing the brown trendline which acts as non-horizontal support.
Retest 2: Lower Blue Trendline
The...
With technology stocks,including Apple and Amazon leading the second weekly decline off the all time high
the technical pattern setup of the S=P 500 has morphed into a "Bearish Descending Fan Formation."
( See the enclosed chart)
The identification stamp of this pattern is one of increasingly bigger and wilder price swings
the kind of roller coaster trading...
Hello,Traders!
Gold is trading in a bullish flag pattern
And is approaching a horizontal support
While also approaching a weekly trendline
Therefore, I think that gold will go Up from support
To at least retest the flag resistance again!
Buy!
COMMENT: What about my Gold Vs Silver idea?
Well, this idea is on gold to...
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 pointing out we have a chance to continue with upward pressure to the last 12 hour candle of February 28, 2021 -OR- to the last 12 hour candle of March 1, 2021. Yes, there is still a chance we may be in a long drawn out slow stair step down. Why? Because there is NO GUARANTEE the price action must continue to go up significantly during the...
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 everyone:
Welcome back to my weekly trading recap video. This week I took more trades than usual, resulted in more losses.
Overall still in the positive for the month not include my BTC long term trade, so lets take a look at the trades taken this last week.
Full trading journal in my profile link.
GBPNZD - Got tagged out for 0.5% profit.
Full...
