In the world of trading, tools like Andrews’ Pitchfork stand out for their precision and versatility. Dive in to discover how to use the Pitchfork for stock analysis and more with this comprehensive article, including how it’s drawn, its applications, and its limitations.
What Is the Andrews' Pitchfork Indicator?
Andrews' Pitchfork is a popular technical...
Despite unprecedented rate hikes up to 450 basis points over the last 12 months the Euro has lost ground to the US Dollar for the last nine straight weeks. As a result, the Eurozone interest rates are historical highs.
Currencies desire nothing more than higher rates. The Euro should have popped but instead it flopped after the ECB’s rate hiking decision last...
Drops in crude oil have an impact on stocks in a positive way.
The important point to remember is that falling crude oil prices have a lagged effect on the overall equity market. How long is that lag? It changes over time but it is approximately 6 months.
When oil prices rise, it too has a lagged effect on the market by a variable amount of time. Of course, it...
Citibank Opportunity - NYSE:C
Company Market Cap: $82.2 billion
Share Price Today: $42.68
Dividend: 0.53c per quarter (Annual Dividend of c.$2.06)
Annual Dividend Yield: 4.82%
Next Earnings Report: Friday 13th October 2023
Citibank (Citigroup) is the 20th largest bank in the world & a member of Global Systemically Important Financial Institutions...
In this guide, you’ll learn about all the different tools that are available to you on the chart. Specifically, we’ll be looking at the toolbars that are located at the top, bottom, left and right of the chart:
To summarize the chart above, the breakdown looks like this:
Top toolbar: Chart tools
Left-side toolbar: Drawing tools
Right-side toolbar:...
The Biden Administration is treading on dangerous ground as it continues to deplete the Strategic Petroleum Reserve (SPR) to levels not seen in decades, as geopolitical tensions flare and as global crude prices remain high.
The chart above shows that the Strategic Petroleum Reserve has declined to levels not seen since the early 1980s.
The SPR is a tool used...
History repeats itself, and we should learn from it, however sometimes history is so far away that it spans generations before we're able to grasp the experience first hand.
We hear about 1929, but we can't imagine what it was to survive the struggle, we hear about the pandemics during the 20's, same deal, we have heard about recessions, and those who went through...
If you understand the market environment, you'll be a better trader. I've been using Bollinger Bands to identify the market environment for over 20 years. In today's video, I'll explain how to use them to identify a two-way tape, when a market will keep trending, and when it will revert back to the trend.
The Foundations of Solid Risk Management 🛡️📊:
Risk management in trading involves a series of strategic decisions aimed at minimizing potential losses. It revolves around understanding the risks associated with each trade and employing measures to mitigate them. Whether you're a novice or an experienced trader, risk management remains a non-negotiable aspect of...
Natural gas was once considered a byproduct of oil production. It is now becoming increasingly important as one of the cleanest burning fossil fuels and a key piece of the clean energy transition. Today, it forms the backbone of global energy production.
This paper delves into the supply and demand factors affecting natural gas prices and proposes a long...
Semiconductor stocks have surged this year, thanks in large part to NASDAQ:NVDA Nvidia. But they could be losing relative strength to software makers within the technology sector.
Today’s main chart focuses on the NASDAQ:SMH VanEck Semiconductor ETF, which closely tracks the NASDAQ:SOX Philadelphia Semiconductor Index. It recently slipped below the 50-day...
This is a simple example of how anyone can attempt to understand price action, trade setups, and determine if the current trade setup is valid for any trading action.
Unless you have a trading system that helps you identify highly successful trade setups, most people struggle to find opportunities before they turn into breakout trends (up or down). Ideally, most...
A lot of market participants are falling for the Fed's illusion that a soft landing has been achieved. However, the charts are still warning that a recession is coming.
The chart below shows the extreme degree of inversion between the 10-year Treasury bond and the 3-month Treasury bill. The current inversion is the worst in over 40 years.
A yield curve...
USD/JPY Analysis: Yen Rises Sharply after Hawkish Government Announcements
Since 2016, the interest rate in Japan has been in the negative zone and has remained unchanged — for more than 7 years it has been -0.10%. This makes Japan fundamentally different from other countries. But over the weekend the Yomiuri newspaper published an interview with Bank of Japan...
Trading Overview
We head into the new trading week with the USD index (DXY) closing higher for the 8th straight week, a fate we haven’t seen in some 18 years – it's little surprise that retail traders are countering that move, accruing a solid net short position. EURUSD has closed lower by the same duration, and that makes a fitting backdrop for the two...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring CHRUSDT for a buying opportunity,
CHRUSDT UPDATE
Formed , Breaking Falling Wedge In 1D Timeframe Incase Of Successful Breakout Expecting 50% Bullish Rally✍️
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
In this video, we are studying the time lag between commodities, inflation data, and central bank decisions.
3 types of crude oil for trading:
• Crude Oil Futures
0.01 per barrel = $10.00
Code: CL
• E-mini Crude Oil Futures
0.025 per barrel = $12.50
Code QM
• Micro WTI Crude Oil
0.01 per barrel = $1.00
Code MCL
Disclaimer:
• What presented here is...
