In this video I show how I am using a previous price pattern that I have seen in ES multiple times this year alongside 10, 20 day SMA, Bollinger Bands and my indicator Beacon (which is free for everyone on TradingView) for this weeks trade plan. As of right now I am neutral because I have to see how things play out the next day or two, but by mid-week I should...
I follow a technomental analytic approach to the commodities markets in a quest to determine the path of least resistance of prices. Each piece of a market’s structure provides a clue. When assembled, a picture tends to emerge, increasing the odds of success for long or short positions.
The last in the series- We looked at the other components of market...
Hi and happy Monday to everyone :)
This educational post is about VIX and I will present one way how to use it for trying to catch bottoms.
Let's start with little introduction: What is VIX?
The VIX is an index run by the Chicago Board Options Exchange ( CBOE ), that measures the stock market’s expectation for
volatility over the next 30 days based on option...
Last week’s Forex market moved in line with the long-term bullish USD trend until the end of the week, when news of the spread of the new omicron variant of the coronavirus and the prospect of the world closing its borders again sent stocks and several commodities tumbling and caused strong movements in currencies which were changes from prevailing trends.
In the...
BTCUSD continues to move sideways within rectangle formation as bullish trend is losing momentum and becoming neutral. Bitcoin currently trades around 60 900 USD pricetag; and we are currently bearish on BTC as technical analysis on daily time frame supports this thesis. We expect eventual breakout below the neutral zone. Additionally, we expect such occurence to...
Hello everyone:
Let's take a more in depth look into the major indices such as US30, US500, US100, UK100, EUR50 and a few other setups.
More bearish price action continues to develop across the market in the last few days, and we can certainly be active to look for opportunities.
In my weekly market outlook/update live streams, many of these indices have been...
Hey Everyone! 👋
We hope you’re enjoying Black Friday week, and have helped yourself to some of the great discounts we are offering over the next few days. We only do this once a year, so it really is the best time to get a plan!
Now, let’s jump into today’s topic: Alerts.
While alerts have a ton of potential applications when it comes to trading, they are...
The stock market has been rising in spite of the covid pandemic. Even before that, some well-known names were predicting a huge cruse with Peter Schiff republishing his same old book every year for some time now. Anyway, many of us agree, that there is something wrong with the markets and even more reputable managers predict a crash. It is, therefore, a good idea...
Everything seemed to play out wonderfully today. We established a new trading range between 4750 and 4700, where we identified significant gamma levels, before gravitating to our new pivot at 4725. However, a brutal sell seemingly out of nowhere proved to be highly disruptive.
Some key figures: Total gamma decreased from 520M to only 367M, which should open the...
This is my plan to trade BTCUSD based on historical price data.
Today I didn't have enough time to add all the pictures to explain my hypothesis better; however, the idea goes like this.
What happened every time the price was on a consolidation phase bigger than 150 days, and a new ATH happened?
I looked at the chart since I have data (2011), and my...
SUSHI is moving in a downtrend. It is worth noting that a trend line is forming on the chart and volume appears on the bottom. This is a good signal. A breakdown of the trend line could be a good buying opportunity. But also the price could go down, gather liquidity, and then go to break the trend line.
Write in the comments all your questions and instruments...
Gold's general commentary: Friday's E.U. session delivered correction towards Higher High’s Lower zone again as DX was comfortably Trading above the Support and with the Yields market on Bearish Gap fill, I can see further mini upside within few Hours which can deliver optimal Selling opportunity early on throughout U.S. session opening (it is important to...
Hello Traders, 👋
Today I would love to talk all about the power of putting in small consistent efforts. Furthermore discuss the power of compounding and compound interest.
Putting in small consistent effort is ideal for anyone, regardless of experience.
Whether you are new to trading, trade forex, trade crypto or even want to find a new hobby 🏑🏓🎺🎸
1.00
The...
We’re on a mission to give the world the best tools, data, and charts to make better decisions, while making it as affordable as possible for everyone - no matter where you are.
This week, we turn on the turbo boosters. Our destination: Mars.
Get ready for our epic week of Black Friday discounts.
The countdown starts now: Get your Black Friday deal
Join us...
Bitcoin has dropped around 10k since the last ATH.
58.5k support stopped this drop and bulls tried to take control
However, the buying power is weak and the price couldn't pass above 61k now resistance
As long as the price is under this zone I expect continuation to the downside and Bitcoin could drop to the next major support at 52.
I will look to sell rallies...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for AUDUSD, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
GBPAUD is showing us some really interesting price action.
We recently bounced off the channel support and broke a descending trendline, indicating that we may be starting our bullish wave, even if its just short term.
The price action indicated in the blue oval is almost identical. Expecting a massive move up in the next couple of days.
Trade idea:
Watch for...
Adausd
We expect an upward movement, the price is in the support zone and is about to touch the trendline of the bullish channel.
The price is at the 0.618 fibonacci level.
Possible target: 3,661
