Options or options contracts are agreements to give the holder the right, but not the obligation, to buy or sell a specific amount of the underlying security at a specified price at or until a defined time in the future.
Options are derivative instruments because their value depends on the value of the underlying asset. Further, options are “decaying” assets...
In this quick state of the market video for 7/13/2021 we discuss the structural uptrends that have been in place for the past few months.
We then talk about the dangers of weakening market breadth and why we're watching for more sectors to stabilize and resume uptrends through earnings to remain bullish on this market.
Please enjoy!
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Technical analysis is largely impacted by some very important factors. One of those very important factors is the type of the market day. Analysing the type of the market day correctly can give a...
Hello everyone. Did some preliminary work on BTC today. I will update with more details explaining my technical analysis.
Preliminary observation : Maintain of bullish scenario. However, original and modified schiff structures lost in 2018. Good news, current must zone to hold is upwards of 20, 30k so prices under these levels jeopardize this analysis.
The global credit impulse peaked in Q420 and it leads reflation trades by 9-12 months. Which means they're dead in the water now.
Back to the secular Quadrant 1 of my Macro Compass - listen to the video to find out how to position your portfolio accordingly.
I have recently recorded a video titled “Fear + Greed = Stupidity”
I would say that lack of patience is the number one problem of traders who have come to me for mentoring or education over the years doing this.
There is a term used in the industry known as the 90-90-90 rule;
90% of traders, lose 90% of their money in 90 days. Just think about that for a...
My phone constantly rings with solicitations for solar energy, extending the automobile warranty for cars I got rid of years ago, and with dire warnings that charges are pending against me from social security, the IRS, or other agencies. Some are annoying, but many are scams.
A few years ago, I opened an email that locked my entire computer system with a...
Hey traders,
I receive dozens of questions each and every day concerning the topics to study to become an expert in technical analysis.
Here I have collected the main subjects that, in my view, are essential for successful trading.
*the order of the topics is spontaneous and there is no logical sequence
1️⃣ - Candlestick patterns
To me, candlesticks are...
BTC is going full contortionist on us right now.
These previous 4 lower highs on the 4hour chart are really starting to make things look bearish for BTC.
The continuation of this pattern of decreasing highs suggests price wants to retest 30k and possibly lower.
This range and general chop is just bad place to be trading, at least for myself and many others....
The main driver here appears to be the unwind in cyclicals and commodities as we see the brakes pulled in the inflation trade. In this sense, Oil itself tends to be rather immobile. And yet (for OPEC+ still has some vitality although diminishing) it is not rare to find the trigger for this will come in the display of an increase of considerable activity on the...
The short week was defined mainly by Thursday's sell-off in equities as Treasury bond yields were sliding. That gave a boost to two defensive sectors, Real Estate (XLRE) and Utilities (XLU), but the two sectors were already leading from Monday. The worries ended on Friday, but the two sectors remained in the lead for the week.
Technology (XLK) and Consumer...
Heikin Ashi candlesticks gives a smoother appearance by reducing some of the market noise, hence making it easier to spots trends and reversals. There is a tendency with Heikin-Ashi for the candles to stay red during a downtrend and green during an uptrend
Heikin-Ashi calculation uses a formula based on two-period averages
How to read Heikin-Ashi candles...
This is possibly a controversial subject as there are some super die hard bitcoin maxis out there and I understand everyone has there own opinion, not to mention there is no proof of knowing the best way to do this.
But one thing I have noticed over the last few years is people who have only ever traded crypto, have the worst idea on how to evaluate an...
Remember Do not trade solely on Patterns only. Ultimately, traders should seek out the best combination of patterns and price action to create an analysis strategy that works for them. Experiment with different approaches and combinations until you discover a method that suits your trading strategy and goals.
Here are the success rates for these...
This is a very simple chart, showing the ratio of Bitcoin price to the S&P 500 index. Historically, purchasing Bitcoin instead of buying into SPX has been a good idea near this yellow trendline, even if it drops below briefly, as it did during the COVID crash. You can observe that the break of the yellow downtrend in 2020 resulted in a massive period of...
The TradingView Order Panel doesn't currently have a template setting to save the order parameters. Here's a work around thanks to a comment from @thatjeph Appreciate it!
Instructions:
1) Using the Long/Short Drawing Function and drop it on a chart.
2) Adjust the levels to reflect the trade entry, take profit, and stop level. (Note: The default quantity is a...
Leveraged trading allows even small retail traders to make money trading different financial markets.
With a borrowed capital from your broker, you can empower your trading positions.
The broker gives you a multiplier x10, x50, x100 (or other) referring to the number of times your trading positions are enhanced.
Brokers offer leverage at a cost based on the...
We have all been guilty of this at some point as traders.
The only thing that matters to us is the returns or the potential returns 🤑
Our only focus is those returns which we have no control over 🤦♂️
When returns become the only focus we fail to focus on other elements we do control that will get those much wanted gains.
Once upon a time I focused on a...
