An amazing combo strategy for trading.
Plot the 7, 14, 33, 60 on the chart
Lets assume we use a 1h chart. For this we will plot on the support and resistance levels onto the chart using the 4hr or daily chart values.
For other timeframes, change the values with a 4-8x difference.
For this example I took BTCUSDT 1h, and you can...
everyone wants to know where market will go at future, by Forecast index you can easily realize if the price can maintain its trend or not
Forecast index consisted of trend momentum, trend volume and trend strength which identify future trend reverses
Forecast index show you future trend revers by its direction before of every trend reverses ,...
In this video I'm going over a way to start building an investment or trading strategy. Why is a strategy important? A strategy is a plan for survival in this financial world.
With me (and some* others), you'll learn that such a plan is crucial for the success of the portfolio because the main focus is TIMING. More questions arise from that but it's best to focus...
Going back to the 18th of March where we called the Buyers Climax top for Bitcoin's "Wyckoff" Distribution phase. We have had a lot of questions regarding the technique.
It's a very difficult one to put into only one post - but to understand Wyckoff methodology you need to first APPRECIATE what Wyckoff is about.
Richard Demille Wyckoff (November 2,...
John Murphy in his classic on "Intermarket Analysis" writes on the dollar gold negative correlation.
Here we compared DXY - Gold correlation on daily chart in regard towards 200 day average.
If you will take closer look, you will see that in case of divergences forming, it is dollar index that usually fails.
If gold breaks resistance (being in sharp uptrend...
... you are in trouble! - Howard Marx
In the late '60s and early '70s if you didn't own the Nifty-Fifty, there was something indescribably wrong with your portfolio - or you.
The Nifty 50 stocks got their notoriety in the bull markets of the 1960s and early 1970s. They became known as "one-decision" stocks because investors were told by individuals such as...
A stochastic oscillator is a momentum indicator.
✔ Recognise the trend:
👉 In a trendy market only open position in the direction of trend.
👉In a range market you can use both buy and sell signals.
✔ Upper band and lower band indicating different things in different market conditions:
👉In a trendy market upper and lower bands show the momentum...
Hello Traders Investors And Community.
Welcome to this educational idea about the Impact of Presidential Election on Financial Markets. First of all, this is not a political view at all nevertheless we
are facing the next...
Thats a big text but may add something to your knowledge about how the markets work.
I will explain a the reasons that made me confident about all those JPY trades, and that was the STOCK MARKETS.
I'm a full-time trader on the Brazilian stock market, it has some peculiarities right now, with all the political noise we are having here. But my knowledge regarding...
I continue describing oscillators developed by Thomas DeMark.
In my previous articles, I have already explained such tools as
TD REI and TD POQ (look here ).
In this post I’ll continue describing technical tools developed by Thomas DeMark.
TD DeMarker I
I’d like to start with the TD DeMarker I indicator. It is similar to TD REI and aims to...
Recently the STLFSI retreated to its near-historical low levels. RSI is indicating a divergence that could indicate the index will head higher. Markets are also looking poised to resume their volatile trend to the downside after rallying this year.
About the Index:
The STLFSI measures the degree of financial stress in the markets and is constructed from 18 weekly...
-Today we are going to show Vix Index on daily chat compared to SP500 (orange line).
The first thing we noticed is the Wedge formations on the chart.
-As Vix starts going down, SP500 keeps rising, the concept is that people trust on the strength of the bullish trend, on this process we can see the Wedge patterns on VIX, and bullish trends on SP500.