Just an overview of what I'm seeing and why I'm still being patient with my short position. Of course if things don't start falling soon, we may have something else happening and I'll have to be open to that. I cover a few sectors that stand out to me as examples of structure and RSI which looks ready to turn down. Good luck!
Hey Rich Friends,
Here is my trading strategy in black and white. Nothing more, nothing less. Stop overthinking. Stop overtrading. Stop overleveraging. Focus on finding great setups that meet all confirmations and let the market do the rest.
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic (turn on price line)
Bullish...
The U.S. interest rate debate changed dramatically in August 2023.
The economic debate shifted gears with diminishing concerns about a recession, leading U.S. long-term Treasury yields to rise sharply. And the debate over future Federal Reserve policy transitioned from trying to call the peak in short-term rates to discussing the length of time rates might...
Introduction:
In the world of investing, managing risk is as crucial as seeking returns. Three vital tools for assessing risk-adjusted returns are the Sharpe Ratio, Sortino Ratio, and Omega Ratio. In this post, we'll explore these ratios, their calculation, their unique features, and when to use them.
1. Sharpe Ratio: Balancing Risk and Return
Measures...
One of the first pieces of advice given to new traders is to “trade with the trend.” That’s where a simple yet effective indicator known as Supertrend comes in. This tool can help you identify and get in early on emerging trends. Therefore, it has found significant popularity amongst crypto day traders. In this article, we’ll take a closer look at the Supertrend...
Welcome to our Power Patterns series in which we teach you how to trade some of the most powerful price patterns which occur on any timeframe in every market.
This week’s pattern, the fakeout is beautifully simple and has the power to be highly effective. It has stood the test of time and should be a key part of any price action traders arsenal.
We’ll teach...
Looking at the technical picture of EASYMARKETS:EURUSD on our 4-hour chart, we can see that the pair made its way back to its short-term tentative downside resistance line drawn from the high of 18th of July. This happened after finding support near the 1.0765 territory.
Given that the downside line currently remains intact, according to the TA rules, we have...
In today's Tradingview Basics video Akil Stokes walks you through his FAVORITE tool here on Tradingview which is Bar Tick Replay.
Having the ability to go back through historical dat whether it's fore data acquisition and/or find tune your trading eye is KEY to becoming a consistently profitable trader in my opinion.
Hope you enjoyed the video and if you have...
MACRO MONDAY 9
Initial Jobless Claims
Historical Analysis and Important upcoming levels
Initial claims are new jobless claims filed by U.S. workers seeking unemployment compensation, included in the unemployment insurance weekly claims report. "Initial claims" refers to the government report on the number of workers applying for unemployment benefits for...
Last week, the Turkish central bank made a significant move by raising rates by 750 basis points. This caused a sharp downward movement in the US dollar relative to the Turkish lira. Since then, there has been a notable response, with the market showing a sharp rebound.
During times of such volatile market reactions, it's valuable to examine Fibonacci...
In this work, we will analyze the evolution of streaming platforms for movies and series, from the emergence of the first video rental stores to the present day. We will compare the main companies in the sector, such as Amazon, Netflix, Warner Bros. and Disney, and evaluate their technical and fundamental performance in the stock market. Our thesis is that...
2023 has been an incredibly strong year for stocks. The Nasdaq rallied 38% in the first six months for one of the best starts to a year in history.
This rally has been primarily led by an AI/tech theme that has been responsible for the bulk of these gains. That part of the rally is likely over, however… at least for now.
Every bull market has a “theme” with...
Hi Everyone! The 20-minutes allowed for video publications ran out during the creation of this video. Which means I will pick up where I left off with a "Part Three" video.
I will follow up with screenshots shortly to allow you to see charts covered in this video. Then, I'll work on Part Three video and pick up where I was "cut off" in this video.
A fellow trader on Tradingview turned me on to the idea of tracking the US money supply and its effect on the S&P 500 and let me tell you, was this an all consuming rabbit hole or what!
In this post, I will look at the relationship between the US money supply and the S&P. Well, that was what it was supposed to be. It then turned into a look at how global money...
Our new social feature, Minds, is now available on our free mobile app for iOS and Android.
Minds is an exclusive chat for your favorite symbols. Want to read what other investors are saying about AAPL? Head to the AAPL Mind. Curious to discuss Bitcoin’s price action? Check out the BTCUSD Mind. There’s now a place to chat about every symbol no matter how obscure...
In this article, you will see the comparison between the different stages of EV and AI bubbles!
Post-Pandemic Bubble:
TSLA, NIO, WKHS:
Bubble Burst:
TSLA experienced +50, while NIO went Down -30% and WKHS went down -80%:
TSLA bubble burst:
February 18, 2021:
I published this article
The market front-runner industry (EV makers)seems exhausted ..!
...
Regardless of earnings tomorrow, stock goes down.
I would imagine the earnings will be great, which will provide a ton of exit liquidity to the makers of this market.
Anyway, this candlestick pattern is called DARK CLOUD COVER.
the context here is fantastic, I feel very confident in this outcome.
How low does she go? lets figure that out later.
This reminds...
Hey guys!
In this video, we discuss some of the most important things to take into consideration before making the jump to becoming a full-time trader.
Topics discussed:
- Cash in, cash out and burn rate
- The importance of a solid, time-tested strategy
- Psychological pitfalls and how to avoid them
- Long term wealth impacts
Have questions? Let us know in the...
