This is a threads of my reading notes for the great book: [Technical analysis using multiple timeframes]
And here is the notes of chapter 13, how & when to sell short
I will go through all of key points of this book, and find proof from the bitcoin chart.
Why to selling short?
from the book : bear markets occur every 39 months on average and...
please, find our chart for your attention.
The analysis and ideas published here, not an investment recommendation or any call to buy or sell, is merely an analysis and a vision based on the study of the history of price movement and behavior which may not necessarily be the reason for the success of the analysis and the model and its...
I have been trading in crypto since November 2016 . Seen many shit coins , seen many big pumps and epic dumps.
Made money , Lost money. However, I always focused to improve myself. Started to share my knowledge on trading view since October 2018.
I read 10+ trading books from Jesse Livermore to Jack Schwager, I examined stock tables, I inspected thousands of...
Chaikin Money Flow (C.M.F.)
Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any look-back...
it is a long time we don't send anything.
and now as we can see on the chart there is the DXY and we think it will be bearish. and this it will help us to know about other currency's as EURUSD it will be bullish.
Daily candlestick failed to break and close above previous 3-months high. Daily bullish candle close around 97.5 price area may lead the price to go low around 96.75 price area and previous daily low during NFP later this night.
Analysis solely based on technical, no fundamental involved.
After quite a drop we're now seeing a ascending triangle formed.
Since I find the 'textbook" ascending triangles not very clear (some say it is a continuation pattern, some say reversal)
To start learning more about this pattern I'm going to publish it here so I can find it back later on.
Give me some feedback about what you think this pattern would do after the...
Identifying a Right-Angled Broadening Wedge
Right-Angled Broadening Wedges come in two varieties, ascending and descending. They consist of a horizontal trend line and a sloping trendline.
The Ascending Right-Angled Broadening Wedges (ARABW) have an ascending trendline above the horizontal trendline with price action in between.
The Descending Right-Angled...
NZDUSD is a pair I’d like to put my focus on from now on cause I adore the way it respects price action. On the daily TF we’ve rejected the previous daily high 0.6940 with a somewhat tweezer tops and on the last day of last week we closed with a strong bearish engulfing + theres a little wick on the downside so it’s also somewhere between a shooting star and...
This is a nice case study in the usefulness of mating momentum indicators (if you could call averaging out candlesticks a la 'Heiken-Ashi' an indicator...).
'Heiken-Ashi' translates to 'average bar' in Japanese, and aside from being aesthetic as hell they're also a great way to cut out noise. Since the Heiken-Ashi candles are formed from an average of the...
Understanding the definitions. Here they are, well this is my own definition, but look into any book it will be quite similar.
I will post examples to show why that makes sense.
First, this applies to anything that has enough participants, and enough market cap. I do not have an exact number, but if something is not public or next to impossible to trade kind of...
A Head and Shoulders Pattern is a chart formation that resembles a baseline with three peaks,the outside two are close in height and the middle is highest
In TA this pattern it s essential to predict when a bullish trend will be changed to bearish
This Head and shoulders pattern appear when:
After long term bullish trend the price rises to a peak and after...
Bearflag:is a sharp,strong volume decline,several days of sideways to higher price action on much weaker volume followed by a second huge decline with a strong volume.Target is a NEW LOW
Target: for a bearflag pattern is derived by height of the flag pole(ex if this height is 5%) the decline target for breakdown will be 5%
Bearish Pennant:this pattern is bearish...
Cryptorhythms team back again & hoping everyone is doing well in their trading endeavors!
Here an example of how to use the Crypto-Sticks Chande Momentum Oscillator for trading signals. I also plotted this range's signals the indicator would've generated.
The signaling system for this indicator works quite well. Wicks do not count as an try point (unless you...