Hello dear traders,
Here are some educational chart patterns you must know in 2022 and 2025.
I hope you find this information educational and informative.
We are new here so we ask you to support our views with your likes and comments,
Feel free to ask any questions in the comments, and we'll try to answer them all, folks.
What Is a Wedge?
A wedge is a price...
If you give someone a button to print money, they will press it
1,400 years ago the Roman republic inflated its currency until its empire collapsed
USD used to be backed by gold, but that ended in 1971
This allowed governments to print endless money
Hyperinflation is just a matter of time
The US government learned to overspend and print the difference
The...
For this to work you're going to need your bull bear power void oscillator.
I have mine set on its default settings but you can also set it up with the following.
Click the image below for that indicator for free
The Setup
the length is 50
the moving average is 20
the macd settings are 12 / 26 / 9
With this I have a 50 period EMA on my chart.
Drawing...
How to identify the specific points for trendline to determine the direction of the market? In this example, I am using the Nasdaq index.
You can use this trendline technique to any markets because its principles in this tutorial are applicable throughout whether to an individual stock, indices or even commodities.
I am going to introduce the primary and...
1. identify the trend ; whether up (bullish) or down (bearish) .
2. Identify an impulse move to the up or down side.
3. Watch for a correction from the impulse, then wait for a retest and or bounce of the 800-day ema.
4. Wait for a bullish order block (OB) that closes above the 800-day ema. Then enter on the retest of the 800-day ema and go long or...
The default parameters in Master/Last Candle (MLC) indicator are used for the standard timeframe 1D. Due to the difference in nature between bars of intraday timeframes and bars of day-and-above timeframes, some settings could be changed as below to make the indicator tailored to your case.
• Increase default Max Volume Drop % from 25 to 30. We have seen a case...
This candle creates the -FVG high. Use the low of this candle and extend out.
This candle breaks market structure to the downside in the form of an impulse candle, bearish engulfing.
The high of the candle following the engulfing candle sets the low of the -FVG and the candle should not trade back above through the candle high that created the lo.
You can...
A few tips for making it through the bear market:
Profile Rebalancing
Rebalancing a portfolio means adjusting the weightings of the different asset classes in your investment portfolio. This is achieved by buying or selling assets, which changes the weighting of a specific asset class.
Dollar Cost Average
It is an investment strategy that aims to reduce...
Ascending Wedge in an uptrend-bearish
1. This pattern occurs when the slope of price candles’ highs and lows join at a point forming an inclinin wedge.
2. The slope of both lines is up with the lower line being steeper than the higher one.
3. Place an order to breakdown and out of the wedge. The drop out of the wedge can be very dramatic.
Descending...
Bearish QML (QML-Quasimodo Chart Pattern)
Bearish QML is a reversal chart pattern that is used to predict the change in the up trend. When a LL (lower low) forms, we expect the trend will be reversed.
Entry
Selling a pullback in the supply zone, with the left shoulder as the entry point.
Stop loss
Place SL above HH.
Take profit.
2R up (Depending on your...
TRADE ENTRY
1. To enter a 50-day moving average trade, you should wait for a breakout.
2. Whenever the price breaks the 50-day SMA, you should open a trade in the direction of the breakout.
3. In most cases, the price action will continue in the direction of the breakout.
STOP LOSS
1. If the price breaks the 50 SMA upwards, we need to go long,...
First of all, this is not to cause alarm but to look at the JPY chart from a holistic long term view.
The last time we posted about a market drop, it came true. This chart is a summary of how we called the DJIA to fall from 35,200 to 29,000.
This was also followed up with a posting on the SPX from 4200 to 3700.
Looking at the long term view of all the YEN...
Difficult times are coming
Since march 2020 when pandemic was accounced we saw many bad for economy decisions. There was no doubt that it will have negative impact. At the beginning bad sentiments were "flooded" with printed money as per tradingeconomics we can see money supply in the US increased 4 times between march and april 2020. Until now we can see...
Recently, a lot of people have been talking about the possibility of a multi-year recession. I don't think that is a clear depiction of the current situation, but I am aware that the idea stems from a lack of understanding of bear market structures, and influence of market sentiment. So in this post, I'll be going over Ken Fishers' rules and conditions that must...
This kind of price action happens all the time, you just have to spot it while it's happening so that you can plan your trade and execute. I have put this together to give you an idea of the type of things I look for in the hope that it can help you too.
Once price action has made a clear impulse to the upsides and taking out previous structure that's our first...
It is official- Inflation is no longer “transitory,” according to the US central bank. After blaming rising prices on pandemic-inspired supply chain bottlenecks throughout 2021, the Federal Reserve swallowed its pride, admitting inflationary pressures are far more structural than “transitory.” Economist Mohamed El Erian called “transitory” the worst call in the...
