Quick Video Tutorial on how to use the TradingView Fibonacci Extension tool to measure Risk to Reward and even manage trades.
Also how to combine the Fibonacci Retracement tool with Stochastics to measure pullbacks during a trend.
Good morning traders! Today we want to share with you an idea that we have in the EUR / USD for the long term. Keep in mind that it is a vision on a monthly chart, so it probably has a time horizon of years.
🔸What does this idea imply?
🔸This pair generated a great bullish momentum from 2000 to 2008, rising approximately 95%. After this abrupt rise, we see a...
This is a brief educational post.
See the parting of ways between Gold and BItcoin.
We won't know if this means anything. But it's one to watch. This could be a short term separation.
Stay safe. Don't burn cash. Avoid FOMO. Have a good weekend. 👍😃🙏
Gold looks to have shifted to a bearish trend and after printing a lower low yesterday, I anticipate a small retracement back to the support turned resistance which also lines up with the 0.618 fib drawn from the previous high and low.
I believe this shift comes from traders and investors gaining confidence back into the stock market, closing positions and taking...
Evening traders, recently one of my favourite pairs, some nice intraday impulsive moves.
GBPCAD will we get a bullish push and break the ascending channel up to previous highs around 1.8 level or continue the channel with a slight retracement down to the bottom of the channel and a continuation, or even CAD strength and a break of the bottom of the channel and a...
Airbnb is an online rental marketplace for lodging, home stays, and tourism experiences.
The company does not own any real estate listings, but offers a platform through which people can take part in the sharing economy.
Airbnb announced its filing for an initial public offering (IPO) in August.
In this analysis, we’ll be going over everything investors need to...
Still no retrace... No correction... No more TA.
Bitcoin likes to surprise!
Bitcoin always goes against the herd.
If we are all thinking that this is over and Bitcoin needs/has to drop... Then Bitcoin becomes aware and says, "Oh well, I'll continue going up!"
With a 100% bullish chart and nothing more to analyze...
On the 24th of November of the year...
LSE:INSP
Product development was completed in 2020 for the inspirit charger converting waste heat from gas boilers in to electricity to be used in the property or fed back to the grid reducing the carbon footprint of heating.
Recently they have announced a deal with Volvo Pinta a ship builder to integrate their technology in ship building. They are also in...
XLM has broken a bearish trend line indicating that price is in a bull run and looks to continue up.
We are also making higher lows and a higher high.
i believe this will follow XRP in breaking levels and highs.
All time highs are in my sights for the future.
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (123.40).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
The art of annotation is important to all forms of research, but in the world of financial markets, it is essential. Annotations help you remember key levels, important thought processes, and also quickly convey ideas to followers, friends, and colleagues. It's how you write and share notes directly on the chart.
In this post, we want to highlight the annotation...
Bitcoin is often compared to Gold in terms of "store of value". It has been given the name "Digital Gold". Not only because of this fundamental aspect but also technically it tends to follow Gold's long-term cycles on a logarithmic scale. This is what the current study is about.
Before you rush into the comments section without reading the full analysis, I know...
Honestly.
I've been someone who's been essentially trying to fade the move from the March lows compulsively. But, now that the bears have had at least two, perfectly prime, chances to take us lower instead they printed a symmetrical triangle that we broke out of on SPX, DJI (which was a channel/flag), and IWM/RUT which was obviously breaking to new highs.
The...
VOLUME INDICATORS
Volume is one piece of information that is often neglected by many market players, especially beginners.
However, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. The usage of volume indicators has long been restricted to just the Forex Markets. Thereby in the Volume...
Hello everyone:
In this educational video, I will discuss how I utilize multi-time analysis in my trading.
-What multi-time frame analysis does is to help us to get more clarity on what the overall market is doing from a top down approach.
-Analysis should always start on the higher time frames such as Monthly/Weekly/Daily.
-Then, drop down to the lower...
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
There is a received wisdom that what goes up has to come down. Well, this currency pair trend may defy that rule. We shall have to wait and see.
For sure there are corrections to be expected. This begs the question of what does 'down' mean? Is 'down'
- a correction? or
- does it mean a fall below its original starting point?
If you take it as below some...
Evening traders, how are we all?
A weird week last week, with some ranging pairs, no real commitment in direction. But it was an interesting week to be apart of.
Moving on to next week which is fast approaching going over some long term analysis on higher time frames.
