This is the chart of correlation between Bitcoin Volatility Index and Bitcoin PA. As you can see, the volatility at the moment is located at the historical bottom which has proved itself a strong base where PA starts.
Previous times volatility was there:
- January 2017 before the rally from $1000 to $20000
- November 2018 before the breakdown $6000 -...
"I love gooooold, the look of it, the taste of it, the shmell of it, the texture..."
I'm sure Goldmember would also love gold's seasonality right about now too! Gold has had an amazing run so far this year and it looks like its set to continue into October. I put together the closing high returns and closing low returns for the dates below!
I hope it...
A systematic breakout strategy designed to capture short-term trends with an average holding period of 6 days.
Place Buy Stop at 9497.2, If done place Stop Loss at 8832.4.
If orders are not filled, cancel orders at the end of the trading session at 24:00 UTC+0.
Legend:
DC(10) Up := Donchian Channels upper band (10 length).
DC(2) Low := Donchian Channels lower...
In my opinion, SPCE is a lifetime stock. I'm just happy to be young and alive at it's IPO. I'm holding shares and I believe in this company. I DO believe we're bullish from here, no reason to fall back to $10-$15 again.
• Disney executive appointed new CEO is legitimizing the company as "this is real"
• Ships are almost ready to go
• Branson is first in line...
Hello, traders.
The question is simple, is BTC ready to recover some market cap? The answer is not so simple. The altcoins are rising sharply in the past few days causing bitcoin to lose dominance. Due to factors such as bitcoin are linked to American markets that are quite susceptible to bad news, this stability has made altcoins gain strength to gain...
Netflix ($NFLX) reports earnings 07/15/2020.
The above chart consists of $NFLX earnings estimates for Q2 2020 (Source: Yahoo Finance Premium) and a technical analysis.
Chart is indexed with:
S&P500 ~0% YTD
NASDAQ ~25% YTD
FANG+ ~66% YTD
FANG+ stocks have been the primary driver of the larger stock indicies, while the S&P500 is dogging it in comparison.
Coming into monthly option expiry (OPEX) on Friday 7/17, there is a record high call option open interest in the FANG+ stocks.
From an option perspective, which is the...
Hi traders,
The chart shows what I am thinking right now. I was not going to post anymore analyses because I felt they were not appreciated (just by looking at the likes and follows). However, I felt like I needed to share this just to see if I am onto something and not totally crazy. :)
I knew this upmove was coming and I am expecting AEX 615 for some time now....
Twitter ($TWTR) down 4% after hours as Uber, Apple, Bill Gates, Elon Musk, Jeff Bezos, Michael Bloomberg, Kanye West and Joe Biden's accounts undergo anonymous hacks.
Reason is still unknown, no comments from Twitter, serious security breach, over $100,000 stolen in minutes
Hit the "LIKE" button and follow to support, thank you,
Information is just for...
This is a massive level for copper. That simple. Price made a bearish engulfing pattern today and a long term trendline and major horizontal level. This combination makes me favor the downside. Near term, continue to be aware of the median line and lower parallel of the channel from the March low (see below). The center line is about 2.86 now and the lower...
Chart shows the S&P 500 to Gold Ratio and an indicator column chart of the distance of price from the 36 simple moving average. As the the ratio peaks (more gold to buy the S&P) and the distance between price and the 36 MA crosses below the zero line it's time to go long gold and lighten equities. The chart shows the transition periods between gold to equities and...
Hello traders:
In this video I talk about how I trade price action structures and patterns.
I explained my trading style and strategies, and how I also utilize multi-time frame analysis to my advantage.
Feel free to comment and ask questions, thank you.
I did a deep valuation analysis on Citigroup today, digging into their earnings reports for the last three years as well as analyst estimates for the next 4 quarters. Here are my conclusions.
In forward P/S terms, Citigroup is nearly the cheapest it has been in the last three years. However, in forward P/E terms, it's nearly the most expensive it has been in the...
1- On 03/03 the real interest rate differential was 0.16 in favor of the UK and the big speculators were bought in 29k contracts(CoT). The value of gbpusd? Approximately 1.28
On 06/10 the real interest rate differential was 0.70, now in favor of the USA and the big speculators were sold at 36k(CoT). The value of gbpusd? Approximately 1.28
2- If we look at the...
We have a breakout on the daily today in EURCAD coming out of a rounding bottom. This is without question the highest probability pattern on my radar (including stocks, commodities, crypto, forex). It's currently my largest position.
Long term basis we have a strong upward trend as well. Notice the basing pattern on the weekly scale. That basing pattern is above...
