Gex is short for Gamma Exposure. I started tracking gamma exposure over a year ago. In fact I posted an idea with a really good explanation idea of gamma exposure but the idea was banned and I never got around to reposting. So many private messages asking me to explain GEX, I decided to repost the banned post without the restricted content in it. If you want the...
Primary Chart: Tips to Help Demystify the RSI Introduction to Momentum Indicators Many indicators exist for technical analysis. And a number of them focus on momentum, which is distinguishable from other core technical concepts such as trend, support and resistance, volatility, and standard deviation. Momentum tools measure the velocity of a directional...
Tradingview bestowed WIZARD level to me for my trading wizardry! Let's talk about stocks, cryptocurrency, and the "Banking Crisis"
Here's a quick look at the BTC 2 hr. chart. As we can see, the price has formed a diamond pattern, and a break, either way, will happen soon! It is important to note that there exist significant unfilled CME- and Fair value gaps situated below the current price. As a general trend, these gaps are known to be filled eventually. Thus, it would be reasonable to...
Preface and Disclaimer: I have a long term stake in Truist Financial Corp NYSE:TFC :( I wondered "why" Truist, company I have held for a very long time (when it was BB&T) would have been caught up in this contagion of small bank risk fears. An article by Seeking Alpha sheds some light on it: seekingalpha.com TL;DR, over the weekend analysis dug into their...
In this video we will briefly discuss why ETH is unlikely to explode and why you should not be going crazy for it. Watch and Trade SMALL.
Last week, the economic data released by the United States was mixed, and the US dollar entered a period of volatile pullback. The monthly rate of durable goods orders in January recorded -4.5%, worse than the expected -4%, the largest decline since April 2020. The February ISM manufacturing PMI recorded 47.7, lower than the expected 48; However, the ISM service...
Yesterday, after the closing bell, Tesla announced its earnings for the first quarter of 2023. The company reported a net income of 2.539$ billion and total revenue of 23.329$ billion. Net income saw a double-digit decline on a yearly and quarterly basis, while revenue declined only on a quarterly basis. In 1Q23, Tesla produced 440 808 vehicles and delivered 422...
For those of us old enough to remember the glorious movie, The Godfather III, there is a thrilling scene where Michael Corleone (Al Pacino) explains... “Just when I thought I was out, they pull me back in.” You are Don Corleone in this market. You are positive; you are by default a bull; you want the market to go up. You have fear of missing out (FOMO) if the...
I've been using Tradingview for just over 8 years now. When I initially started using it I was transitioning from using Footprint tools. I would use techniques that in essence allowed you to see inside a candle. Coupled with techniques such as "DOM" Depth of Market and Cumulative Delta. After a while you get to see some of this stuff without the need of...
We'll look at the US dollar index and outline a few technical and fundamental reasons as to why the US dollar index (DXY) could be set for a bounce.
This is a weekly chart of the difference between the front month contract and the next contract in front for S&P 500 Futures. (Don't worry, you don't need to understand this lingo to understand this post, but if you'd like more information about what front month contract and next contract in front mean, I added links at the bottom of this post. To put it...
With a rather odd & convoluted history, the industry of selling access to technical indicators goes back further in time than most traders & investors are aware of. A rather large majority of investors perceive the act of selling access to technical indicators as being in most relation to selling 'snake-oil'. While this is true for many vendors who unfortunately...
Introduction Compound interest, often referred to as the eighth wonder of the world, is a financial concept that has the power to transform small investments into large fortunes over time. It is the key to building wealth, securing financial independence, and ensuring a comfortable retirement. In this essay, we will explore the underlying principles of compound...
Today, we're announcing our new TradingView Wizards program, an initiative that celebrates the traders & investors who consistently share high-quality content including written ideas just like this, but also videos, live streams, and comments. TradingView Wizards help others, provide feedback, and make TradingView a better place for everyone. To acknowledge the...
While there is no single definitive answer to which specific combinations of technical indicators is the most profitable, I can try to provide some popular combinations and their application in trading strategies. The success of these strategies depends on various factors such as the trader's skill, market conditions, and risk management techniques. 1. Moving...
Hi everyone, Today, I am here with informative content. Let me start by saying that it will be a bit long, but let's learn what "Recession" means in detail. 🚩Recession can be defined as an economic downturn period. It is generally characterized by a decline in the gross domestic product (GDP) of a country in one or more quarters. Recession is associated with a...
Bitcoin price action analysis, key levels, potential scenarios for coming week. Question about stock or alt? Ask in chat.