BITFINEX:BTCUSD
FX:EURUSD
NASDAQ:FB
CBOT:ZT1!
AMEX:SPY
COMEX:GC1!
Bitcoin, EURUSD, Facebook, T-Bonds, SPY, Gold, etc...it is not important to make profit on a specific asset. What is important is to optimize operations regardless of the assets, clearly selected and constantly monitored.
Potentially earning $10,000 on cryptocurrency or forex, while...
NOTE : This does not refer to any institution, organization or person.
Common mistakes or mistakes made to give hope and gain fame:
The most common is to make the dependent events repeated several times in the past the strongest premise of repeating without showing any scientific evidence.(Foundation = Correlation Coefficient , Avg error etc )
To draw...
Hello traders!
Today we will talk about Crude oil, USDCAD and their negative correlation in the market.
As you may already know Crude oil and USDCAD are in tight negative correlation, not tick by tick, but they are mostly in the same shape, just inverted.
Well, want we to point out is that correlations are very important to get the right approach to the markets....
Podemos ver como con el análisis técnico, con acción precio, se pueden agarran buenas y efectivas entradas, no es necesario algún indicador, sin embargo es ideal apoyarse en la herramienta de Fibonacci para tener mas seguridad de su operación.
Siguiendo los principio de Ralf Ellitot, podemos ver la estructura definiendo las 5 olas de ese ciclo del mercado,...
AMEX:CQQQ on daily charts is trying to finds its wings to fly, awaiting clear direction
I have showed a few cases here, where after a significant up-move, we had a double top formation and also bearish divergence on the RSI, indicating high probability that the uptrend may end and fizzle out and then after a significant downside, price formed a double bottom,...
I have been back testing the On Balance Volume indicator (OBV). So far, so good. I did not publish my first test (Facebook), but will publish from here on.
OBV is basically an accumulation/distribution indicator. When there is divergence, it shows weakening/strengthening markets. If you are unfamiliar with OBV, look it up.
Here is what I found with Tesla:
OBV...
Traders,
First REMEMBER: These predictions are just for the fun. And are not actually trade's i look to take. It is for building my discretion into the markets and note things to keep improving my trading. ENJOY! :)
Daily:
The daily price is very bearish and putting in some desceleration candle's. This usually means the bulls are getting out of their positions...
#1, We want to see short-term downside until we find nice buy opportunity. We are still in bullish trend !
#2, For now, We look for sell from the above resistance area.
Relate this idea with your setup and see if its connecting something similar.
This publishing is for educational purpose only.
By seeing the current price action all the way from the higher timeframes, we can predict more downside after short-term upside gains !
Relate the above chart analysis with your skill.
This publishing is just for educational purpose only.
NYSE:NSC
Why do I choose technical analysis for trading?
Because the psychological state of traders / investors is always a representation on a scale between greed and fear, which creates in all markets patterns that repeat themselves for more than a hundred years, and if you are aware of their % profitability, and the difference between the amount of profit...
hey traders,
very interesting market sentiment on BTC.
currently the market is approaching a key level of support,
and reaction on this level will most-likely determine Bitcoin's future direction.
for now, be focused on the narrow support area between 9000 and 9500.
if bears break and close below it, I will expect bearish continuation to lower structure levels...
USDCHF is currently trading in a wide trading range between two significant structure levels.
The breakout will determine the market future direction.
Our plan is to wait for a candle close above/below the structure level,
then we can take action accordingly.
Target levels:
Resistance - 0.99
Support - 0.96
EG SHORT 01/July/19
My analysis is based 90% on Technicals (TA) and 10% fundamentals.
it's adamant to understand that both parties are in the losing position in regards to the geopolitical turmoil happening inside the EU council and UK parliament, both are losing out. Fundamentally concluding that this pair can swing both ways impulsively, as history...
