GBP/USD:
• If price pushes up to give us a confirmed second top and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up to give us a confirmed second top and the last part of the move is impulsive, then I'll be awaiting a...
Here's a visual summary comparing and contrasting a spike in the VIX versus a swell (slow move up).
When the VIX spiked, the market continued to move up. When the VIX swelled (a slower move up), the market sold off.
This concept, and the charts, were shared by Jim Cramer on MadMoney (CNBC) based on an analysis by Mark Sebastian.
The GOLD price dropped a little more and is now in a strong support zone at position 1716.93. This zone is formed by two lines. The first one appeared in August 2020, the second stronger one - in July 2016!
Now the main question for all investors is when exactly gold will stop and begin to grow. I think this support zone is the perfect starting point for growth....
Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Master Key for zones
Blue = Monthly
Purple =...
What to look for
Introduction
As my previous post made unexpected waves within the community, I suppose you might be disappointed by this one,
but you should still take your time reading this article and take some time thinking about it.
Moreover, you might wonder, why the first article has been about volume instead of price or the chart itself and now it...
$TDC beat on earnings and look at that volume come in to buy it. It has since faded and retraced much of that break-out gap. I'm liking this if it holds into to today's close or on volume going over today's highs. Ideas, not investing / trading advice.
Teradata (TDC) reported 4th Quarter December 2020 earnings of $0.44 per share on revenue of $491.0 million....
NDX has fallen below the 50 Day Moving Average. The lack of support zones, plethora of gaps, high valuations and heavy selling volume can cause Nasdaq to see a longer correction of -10% to 25%. Nasdaq can fall back down to the September highs or the September lows. If the Nasdaq ETF falls by this much, individual stocks will fall by a lot more. Especially those,...
Although not exactly education - I thought it would be different to ask rather than just post.
As a trader of 21 years, I have gone through various ups and downs. Emotions, stress, pain and success. I thought it would be interesting to ask the question, it doesn't matter if you have traded 40 years, started due to Covid or been learning.
The only competition in...
Volatility is challenging. But it can also be exciting if you're ready for it. In this idea we're going to show you five tools to make better decisions for when markets are volatile, choppy or bearish.
1. Invert Chart Your Chart 📉
Invert your chart to see how it looks turned upside down. Open a chart and type ALT + I on your keyboard. On a Mac, type ⌥ + I. This...
Introduction
Within the past week, AMEX:SPY has become increasingly volatile, with massive gap ups and downs
followed by all day runs extending more than 3% in either direction. This is apparent with a cursory glance at the following chart.
With this volatility comes uncertainty, especially for those who are swing trading on the timeframe of a few days...
Two weeks ago, we highlighted some potential topping patterns on the S&P 500. It’s played out as expected, and now attention turns to the price channel highlighted in that idea .
Notice how prices ranged from the bottom to the top of the channel since November, including the middle of this month. But something changed this week because SPX didn’t return to the...
📌 ridethepig | Game, Set and Match!
In order to inform ourselves about the dangers of this move, we shall in what follows point to a few live charts which we called live together from 2019 that the 2s5s was going to invert frantically , and was a bad sign. It enables occupation of the dominos, which for those following long enough will know the one thing...
There is a lot less short interest this time so don't expect this to last as long as the last frenzy.
1) WallStreetBets is back at it with Gamestop. Keep in mind they are a self-described very high risk community.
2) It will be very hard to enter and keep a position if you are not used to holding a very volatile stock.
3) There is an increase risk of loss....
Quandl is a data library with all sorts of useful macroeconomic data. Unfortunately a lot of it you have to pay for, but there are also many data series you can access for free, including the "Blockchain" library with lots of useful data such as Bitcoin transaction fees.
To access Quandl data, go to quandl.com. In the left-hand column, check the "Free" box to...
Ford Motor Co OPTION CALL $15 Sep
What a recovery! While it's parabolic nature, I do believe it has enough upward momentum to reach my listed target.
VOLUME PROFILE (VPVR)
1. The pink Point of Control line (POC) at around $9 is where we find the highest trading volume. Make's sense! This is where we see our COVID sell off and initial resistance before the mega...
Hello traders and analysts,
A quick note:
This is tagged as long, for the wider outlook.
Zone colour Master Key:
Blue = Monthly
Purple = weekly
Orange = Daily
Grey = 4hour
Pink = 1 hour
Here is an update to the previous idea - keep in mind the imbalances in the wider time frames.
What does this chart show?
Well, the trendline has been tested, but a higher low...
Seems like all those screaming for 60-100k now flipped to short and or buy the dip. So is this the time to buy the dip or are you simply being a Dip for Buying?
Lots of momentum implies there is likely going to be a bounce as Dips start buying what they think is a Dip but it turns out to be a bull trap.
The stock market is screaming risk off right now, but...
Summary: Risk sentiment is broadly under pressure, with muted reactions across FX, although yesterday did produce new developments worth noting, and the event risk of the week is up today in the form of semi-annual testimony from Fed Chair Powell. Any hint from Powell on the Fed stance on rising yields will be closely watched, with even the absence of concern...
