Hello, I wanted to write about these 3 subjects, I have alot on my mind but I'll try keeping it compact and clean. 1- Ultimate Ignorance * People are persuaded the stock market will always go up. Why? They expect to all become rich with absolutely no effort like magical money will just appear in their pockets. Even a woldwide index isn't completely safe,...
This might be it. I've seen a video recently "A Guided Meditation for When the Stock Market Is Dropping" Loved it. A video to help reassure and relax bagholders. "The market always goes up over time" I keep hearing this over and over and over. It is so absurd, so stupid, but every one keeps repeating it. Complacency much? All these investors need a harsh...
Today, the S&P 500 dropped 7% in a single session of trading. What does this mean? It triggers a Level 1 circuit breaker across equity markets and all trading pauses for 15 minutes. A Level 2 halt happens when a a drop of 13% takes place, but if the drop happens after 3:25 p.m. ET, there is no halt. If the market ever drops 20% in a single day, all trading is...
This chart shows the Dow Jones Industrial Average after today's sell-off. In this published idea, we want to take a second to write about bear markets and what they mean. In the media, bear markets are officially defined as a 20% drawdown from a prior peak. Today, the Dow Jones Industrial Average closed down 20% from its prior peak. Technically, this means the...
A little update on my last post as I have had more confirmation of my claims since then. About people irrational minds. Sounds all textbook all of this "mass hysteria" and people might think real life isn't that stupi but it is. After telling someone his not hearing of the word CoronaVirus did not make it worse than the flu and ebola, I was just mocked for...
This is the Brazilian Bovespa - short take. See what happened.
volumes are dipping as well Waiting for smart money to enter and accumulate at the lower prices
Nasdaq rebounded sharply after hitting that important 8200 level. We are not out of wood yet. Regardless, permabear will continue to avoid the stock market and will keep calling for market crash, not knowing that when there is a correction, its the best time to buy high quality stocks or good companies. Now, I understand why so many people are poor and only few...
There's not much interest in the Chinese stock index here on Tradingview but the ChinaA50 is absolutely important for what happens around the globe. The A50 is in big trouble and more trouble is yet to come in weeks to months. This is just bad news for the rest of the world really. I'll say no more here - follow some of the price action with me on the 4H.
In this video tutorial, I discuss how institutional traders and investors, "Frame a Chart" Using AMT stock as an example working through multiple time frames and plotting channels and Linear Support & Resistance zones. Then using our Elliott Wave Indicator Suite to understand the behaviour of the current trend. This method can be used on all asset classes and...
Futures are pointing towards a lower Monday open, 333.92 is key pivot point, if we can push above this area in pre trading or at market open longs could be profitable on the day. the 21 day ema as seen on chart is also key, a break of this could provide more downside to the 50 day ema 326.80. I will update during the week...
Quick Video swingtrading stocks journal for the CSIQ Stockover a 1 Year period. During the last 1 year period we have used the tradethefift Roller Coaster and ElliottWave Indicator suites for TradingView to swing Trade the CSIQ Stock. There were 7 trades in Total and only one loser! In this example we use $1000 risk per trade and the Result is a $7450...
In this video, we cover traditional TA, Fundamentals, GANN and a whole lot of variables on a low float penny stock to give you hints on, strategies and signals to look for.
I love my own Malaysian market because it is easy to see how "Sharks" and "Whales" operates. It is so easy and blatant. Yet, people believe that markets are rationale and supply demand. Nope, MAJORITY of markets are MANIPULATED by whales/sharks. How do you know that? Look at this stock as an example. The stock just went up 1000% in few months. And then we had...
A look out our Roller Coaster Indicator suite using examples of forex, stocks, futures and cryptocurrency. Highlighting the need to understand trade size when comparing risk to reward. Also how to identify the best time frame to trade for the instruments that you trade. This Roller Coaster Indicator suite has an 83% win rate and uses a Stochastic/MACD Cross...
The picture of the 2019-nCOV is rapidly evolving. Globally there have been >14,000 cases and >305 deaths. The trajectory of spread of this virus has exceeded SARS (2003). In under 20 days there are 14,544 cases. There were less than 20 cases in the same period for SARS. SARS plateaued off at 8,500 cases after 100 days then fell off. What we're seeing in hard...
This is a very short presentation on how previous virus attacks have affected Wall Street (daily time frame). I go back to 2013, plotting what was seen. This is relevant in relation to the recent Wuhan coronavirus (WCV). Mainstream media have referred to WCV as a "deadly virus". This is frankly nonsense based on current data. The case fatality ratio (CFR) is...