🎯 Today marks the 13th anniversary of an iconic moment in the history of Bitcoin. It was on this day, 13 years ago, that the creator of Bitcoin, Satoshi Nakamoto, updated the Bitcoin logo by embedding the symbol '₿' within a gold coin. This logo has since become synonymous with the world's first cryptocurrency and has become an iconic symbol of the digital...
Why are only 10% of traders successful?
The popularity of exchange trading is growing rapidly today, but experience shows that only 10% of those who come to trade end up making a profit.
Barrier N°1
Laziness and unwillingness to learn.
Frankly, most people who want to profit from stock trading do not want to learn this. They feel sorry for the time to master...
This is not a chart reading - and i'll keep it super short ... this is just a quick reminder that we have many powerful tools that we can use to enhance our analysis and trading outcomes.. too many that we sometimes forget to use them. The above chart shows a great example of that .. I was going thru the daily analysis and thought i should share this note with...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Nvidia stock just recently created a very obvious inverted head and shoulders and I uploaded a lot of analysis always pointing towards this bullish pattern which will lead to a longer term bullish move.
The past couple of weeks Nvidia already started...
I have been stalking NASDAQ:AMZN share prices for months now watching as it retraced from the All Time High down to a full 50% Retracement from the All Time Low. This is a pretty epic pullback level that took decades to create.
The 6 month downtrend from 146 > 81 created its own 50% Retracement at 114 as Resistance. February earnings popped to this level and...
So....I guess we got our high prob targets sooner than later.
In typical SPY fashion it just gunned for all the targets right off the bet.
So let's recap.
The high prob targets for this week were 4011 on SPX and 399 on SPY.
While SPY was mixed in terms of probability, SPX was extremely convincing, with the odds of upside being 0:5 and the odds of downside being...
Hello TradingView :)
ITs been a minute since I was active in the community.
Last post I made was last year in June 2022. Many things have happened that lead to my away and absence from the community, social media and more.
I took a much needed break from being infront of the screen, camera and people. IT has been a good time to spend with family.
But, after...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Microsoft stock just recently created an awesome double bottom and also already broke above the neckline confirming the weekly pattern.
As we are speaking the market is retesting the neckline of the double bottom which is now turned support so from a...
After a week of consolidation, the all-important US CPI print looms over markets, as the tide looks like it may be starting to turn in favour of dollar bulls, as Treasury yields tear higher.
RBNZ were one of the first central banks to hike rates, and could one of the last to finish at the rate they are going.
We'll cover key economic developments, NZD crosses and what to expect ahead of this potentially live meeting.
CBOT: Micro Treasury Yields ( CBOT_MINI:2YY1! , CBOT_MINI:5YY1! , CBOT_MINI:10Y1! , CBOT_MINI:30Y1! )
Is the US economy heading towards a “no landing”, as opposed to a “hard landing” or a “soft landing"? There is a heated debate among economists and market strategists.
What is a "no landing"? It is a new term drawn up by Wall Street, which describes the...
There are extensive fundamental comments, context, and observations in the two DXY pieces written in 2022. They are linked below.
The 70.70 - 121.02 trading range has defined the Dollar trade over most of the last 4 decades. Even at the August 2022 high, DXY remained well within this range.
Since correcting from the August 2022 high, the market is now in the...
Bitcoin halving is a significant event on the Bitcoin network every four years. During this event, the block reward that miners receive for verifying transactions and adding new blocks to the blockchain is reduced by 50%. This means that the rate of new Bitcoin creation slows down, and the total supply of Bitcoin approaches its maximum limit of 21...
With price and “commodity premiums” that we track showing signs of a structural shift, we think these represents potential tradeable set-up in the mid to long term as supply and demand finds some way to normalization after the pandemic & war shocks over the past 2 years. Hence, we think commodities will continue to be where the actions at.
With winter just about...
Introduction:
The US Dollar Index (DXY) is a widely followed indicator of the value of the US dollar relative to a basket of foreign currencies. As gold is priced in US dollars, changes in the value of the dollar can have an impact on the price of gold. In this article, we will explore the relationship between the DXY index and the price of gold, and why this...
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection....
