Discover the easiest way to track, group and sort your favorite tokens in one place — the TradingView Crypto Coins Heatmap. Everyone — from the aspiring crypto enthusiast to the professional digital asset fund manager — needs it. Meet the ultimate cryptocurrency tracking and monitoring tool, the TradingView Crypto Coins Heatmap. What Is Crypto Coins Heatmap?...
Most people (including me sometimes) lack the right mindset, patience, and planning when it comes to trading. There is no magic technical indicators in trading, it all comes down to simple tools, just like my paper trading journey outlined in this BTCUSD chart. In the chart, I observed that: BTC was no longer trending as its price was ranging for nearly 50...
Even when all empires fall, It's important to remember that as long as humanity in general continues to discover, explore, solve and invent, the better off we all are. That's why the price of indices always tend to go up. Even when they become stagnant, they eventually keep on increasing. The only thing that can revert this is a total collapse of society, which is...
I took a look at the weekly gold/silver ratio and noticed a few significant patterns. For example, there was a notable acceleration downward following the break of a 3-year uptrend a couple of weeks ago. Additionally, there is support at the 74.65/63 level, which has been in place since January 2022. This observation reminded me of the importance of examining...
Forex Market Liquidity: Analysis and Implications for Traders The foreign exchange market is renowned for its dynamic and fast-paced nature. As traders navigate this landscape, understanding the concept of liquidity becomes crucial. In this article, we analyse its components, explore factors that influence it, measure and analyse its impact, discuss potential...
"Champions are brilliant at the basics." - John Robert Wooden, legendary basketball coach. In trading, just like in sports, mastering the fundamentals forms the foundations for exceptional performance. Welcome to the first part of our educational series, Brilliant Basics . In this series, we'll explore how mastering the fundamentals lays the groundwork for...
Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Intraday traders aim to either purchase a cryptocurrency at a low price and sell it at a higher price or short-sell a cryptocurrency at a high price and buy it at a lower price within...
Pump/Dump schema: Discrete Share accumulation. Broadcasted Triggering Event (news, rumors, forums, etc). Gather the mass of "Bagholders". Dump all the load. Pocket the quick profit. I am not a fan of " meme stocks " because they're very much like penny stocks, prone to pump/dump schemes. How legal or illegal is this practice?, it is not us to decide,...
Introduction CME Group Gold Futures have always been a cornerstone in the commodities market, offering investors and traders a way to hedge against economic uncertainties and inflation. With the current market environment exhibiting heightened volatility, traders are looking for strategies to capitalize on these fluctuations. One such strategy is the Straddle...
Want to spot a turning point in trend before it happens? Use Elliott wave parallel channel This chart shows the GBP/JPY currency pair using monthly candlesticks. The advance from Sep 2011 to June 2015 can be labeled as an impulse wave (A). From that high, the pair declined in three waves labeled as wave (B) of a Zigzag A-B-C correction with an expanding diagonal...
Greetings, fellow traders. In this article, we'll be reassessing our annual Elliott Wave counts and going deeper into interpreting Bitcoin's current decade cycle. I'll make sure to segment each part by drawing insights from the previous cycles, also employing the Elliott Wave Theory, and integrating major timeline events to bolster my perspective on Bitcoin's...
Markets tend to get especially volatile whenever there’s an economic report or some data dump that takes investors by surprise. That’s why we’re spinning up this Idea where we highlight all the major market-moving events you should watch out for when you do your trading. Today, we look at the Economic Calendar . 🏦 Central Bank Meetings and Announcements • ...
Turtle Trading: System, Rules, and Strategy In the 1980s, the Turtle Trading system was born from a debate about whether trading skills were innate or could be taught. Richard Dennis and William Eckhardt decided to train novices in their trend-following trading strategies, thus giving rise to the Turtle Trading system. This article explores the Turtle system,...
Would you believe me if I told you the US & global markets (some) will rally more than 65% to 125% (or more) over the next 4 to 5+ years? You would probably call me crazy for even suggesting that will happen in a reasonably short time frame. But, what if I could show you how structurally (using Elliot Wave concepts and Fibonacci) this incredible rally may...
This post is inspired by @TradingView's rebranding in 2021 and the recent Leap competition. At first glance, trading and rock climbing might seem worlds apart. One involves analyzing market trends, while the other requires physical strength and agility. However, both pursuits share surprising similarities, highlighting unique skills and mindsets. Here’s a look...
This instructional video teaches you the basics of Fibonacci Price Theory in conjunction with Breakout Bars and how price is the ultimate indicator. Throughout this video, I try to provide instruction on key elements related to the Fibonacci Price Theory (Unique & Standout Highs/Lows). Additionally, I've also included Breakout Bars and Fibonacci Price Retracement...
The Relative Strength Index (RSI) is a classic technical indicator that is applied to identify the overbought and oversold states of the market. While the RSI looks simple to use, there is one important element in it that many traders forget about: it's a lagging indicator. This means it reacts to past price movements rather than predicting future...
💡 The cryptocurrency market is a realm of endless opportunities, where prices can fluctuate wildly, shooting up 5-10% in a single day in either direction. This volatility can be both exhilarating and intimidating, as it can either wipe out investors or leave them with a quick windfall. However, not everyone is suited to navigate this fast-paced landscape. For...