What Are Cyclical Stocks? Cyclical stocks are well known for ebbing and flowing with the rhythm of the economy. These stocks, a reflection of economic trends, demand a keen understanding of how various sectors react to changing economic conditions. This article delves into the world of cyclical stocks, offering insights into their nature, impact, and strategies...
Goodbye to the Tradingview streams!
The first documented use of charts goes back to ancient Babylonia, where their early forms were used primarily for record-keeping by astrologists and merchants. Then, sometime between the 5th and 6th century A.D., these graphical representations developed into a form reminiscent of today’s charts. Further refinement and development of charting techniques...
What Is a Chaikin Volatility Indicator in Trading? Understanding volatility is crucial for creating effective trading strategies. One popular tool used when measuring volatility is the Chaikin Volatility indicator. In this article, we will take an in-depth look at this tool, how it’s calculated, and how to use it when trading. What Is the Chaikin Volatility...
Same formula settings as Buy and Sell. Added a 4th plot MA for a longer time frame. This will help exit the trade much earlier for greater profits otherwise without this 4th plot wave, traders may be at risk of losing out for greater profits. 4hr TF Buy, Sell, with wave settings, are the same settings with 30min TF. FOR 30MIN TIMEFRAME (Green Wave) Make sure...
Hello traders, in this post, we will be going over one of the most commonly used tools in all asset classes - the "Fibonacci Retracement" (or Fib for short). For a better viewing experience, please view this on your desktop/PC, as the mobile and tablet versions of the charts are harder to read. Although I have briefly touched on how to use the Fibonacci...
Relative Strength vs Relative Strength Index: What Are the Differences? While the Relative Strength and Relative Strength Index indicators might share similar names, it’s important to know the difference between the two. In this article, we’ll discuss their unique characteristics, offer insights into their differences, and help determine which one is best for...
If you are a winning trader this is not for you . This is for the losers who want to be winners written by a former loser , who has become a winner as what is probably his last post . I am just starting my trading journey ( 5 years in now but that's nothing) . I used to publish all my trades on TV which actually really helped me to follow my strategies and it...
Countertrend Impulse Strategy Countertrend trading is a well-respected way to trade. Combining it with the predictive power of impulse movements can help traders act on market reversals. This article delves into the components and practical application of this strategy, providing insights for any trader looking to enhance their trading skills. Understanding...
What Is a Fib Spiral in Trading? In trading, the Fibonacci sequence, notable for its mathematical and artistic significance, is adapted into tools like the Fibonacci retracement and spiral. These tools provide traders with a unique perspective on market trends and potential reversal points, using ratios derived from the sequence to analyse price charts. This...
How to Use the Best Klinger Oscillator In the ever-evolving world of trading, finding the right tools and indicators to stay ahead of the game is crucial. One such tool that has withstood the test of time and continues to be popular among traders in 2023 is the Klinger oscillator. In this article, we will discuss what the Klinger oscillator is, how it works, and...
Spoiler : its gratitude I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me They taught me that the best way to...
Price of SOXS since inception. Price in 2012 is not a typo. Adjusted for reverse splits, shares declined from $11.1m to $3. Eleven million, one-hundred thousand dollars became three dollars in twelve years. Bear etf funds do not contain equities. They consist entirely of futures contracts, which suffer time decay and expire. This is the effect of time decay...
An illustration of Cup and Handle pattern First look for an initial uptrend of the stock Later a small pull back And later reversal of the pull back .... Breakout of the highest point of the pull back At retest , look for reversal candles like doji.... Look for tight price action Enter the trade just above the high of the candle with stop loss below...
In this video we will demonstrate how to place a simple bracket order with Tradingview with AMP Futures.
Here is a quick guide on how I have my FIB RETRACEMENT TOOL set up with Retracement & Extension levels.
Explanation: Detection of Peaks and Valleys: Initially, the RSI (Relative Strength Index) is calculated based on a selected price source. Then, any change in RSI that exceeds the specified percentage threshold is considered a peak or a valley point. These points are visually represented on the chart with green and red triangles. Identification of Divergences:...
Whether we're tinkering with our demo accounts or playing with a few dollars in our live accounts, it's never been far from our minds that our accounts will go big in the future. Unfortunately, many traders struggle with taking the next step and trading larger positions. Some find it difficult to risk losing the small profits they've worked hard for over the...