One of the first things to know about rising and falling wedge patterns, is that they’re a great indicator of an upcoming reversal. Much the same as other wedge patterns, they’re formed by a consolidation period representing either distribution or accumulation.
While both rising and falling wedges can form over a period of any length, typically the longer the...
Alot of people that sheeply followed all the motivators, Warren Buffet included tbh, are going to be pretty disapointed.
So how far can the S&P 500 go?
IF the GDP rise stops slowing down, and all the issues people have ignored (burying their heads in the sand) such as pollution, old people costing more and more, obese people, people getting dumber (it's a real...
A Bear Flag is a price action within the context of a downtrend that produces an orderly price increase consisting of a narrow trend range comprised of higher swing/pivot highs and higher swing/pivot lows.
The success of a Bear Flag can be greater after a significant downside move due to the possible increase of overhead resistance.
Bear Flags can be stronger...
The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.
It is important to remember that the Double Bottom Reversal is an intermediate to long-term reversal pattern that...
Includes,
2, 6 rule
Iron triangle of risk control (How many shares to trade?)
The concept of risk control (Where to stop?)
In the markets it hardly matters how good your trading system is..
What matters is if you can count or not.
Confused? Even i was for many years before understanding the importance of Risk management in trading. There is one missing element...
Flags and pennants are continuation patterns. They are traded in the same way, but each has a slightly different shape. The terms flag and pennant are often used interchangeably.
A flag or pennant pattern forms when the price rallies sharply, then moves sideways or slightly to the downside. This sideways movement typically takes the form or a rectangle (flag) or...
The VIX is known as the 'fear index'. It has taken a pulse north which is not unexpected, as volatility on the P SPX500 took a leap recently.
The VIX is not an index I trade, nor do I know anyone who trades it. Its value is in keeping a finger on the 'pulse' of the stock market.
When the VIX begins to pulse, expect trouble. Some see trouble only after it has happened.
The SPBUYUP index has not been shown in a published idea on Tradingview before now (I checked). It is the index which tells how much companies are buying back their own stock to keep the S&P500 afloat.
So if this fails, market 'manipulations' of the S&P500 could fail. Of course, this not the only thing that influences the S&P500 but it is a significant marker of...
JD.com has been in a downtrend since it topped early this year. This weekly chart shows why it is no longer an ideal sell short. The stock has declined steadily, losing more than 50% of its price value and JD is now at a support level that is strong, where buyers are likely to start moving in. At this time, a sideways pattern is likely, or a bounce up today if...
Buy Green
Sell Red
//
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
//
it works good for stocks and cryptocurrency.
//
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot...
The S&P500 market has started the end of a 100+ year 5 wave cycle, if this is correct we are now at almost the top of a 5 wave cycle which can end in the very near future. If this is true we are at the start of one of the biggest, if not the biggest market crash in the history of the S&P500. A correction of 5 wave cycle is usually 61.8% of the entire 5 waves, if...
Buy Green
Sell Red
//
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
//
it works good for stocks and cryptocurrency.
//
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Trading Psychology- Master your Mind and Money
Are you continually loosing money and not knowing why? For the past decade of trading the financial markets, I believe psychology is so vital to trading success. Below is a small snippet of questions that you need to ask yourself prior to entering the market so that you are...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Money Management 101
Are you receiving a win-rate of more then 60% and still loosing money?? Money Management may be an area that you need to focus on. It is an essential element in becoming a professional trader. Listed below are 4 Simple Steps To Evaluate Your Financial Health;
1. Position Sizing
A portfolio of...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Van Tharp “When you understand what’s involved in winning, as do professional gamblers, you’ll tend to bet more during a winning streak and less during a losing streak. However, the average person does exactly the opposite: he or she bets more after a series of losses and less after a series of wins.”
Over the 18 years of...
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...
I explain in the screencast why I think 'crash' is an irrelevant issue.
It is impossible to know whether 'we're in a crash' because a crash can only be discovered well into into it or after it has happened.
True trend-followers will appreciate that all one can do is find a suitable trend - and follow it. Simple but I didn't say it was easy. In fact I will...
