Ahead of the US CPI data on Thursday, gold has turned lower after reaching a major technical zone between $1878ish to $1900ish, as you can see on the daily chart of the metal.
The lower end was the low created when gold rallied hard into resistance earlier in the year in 2022, which ultimately caused a massive breakdown. Now back to the same level, we are seeing...
A new concept of Proof of Physical Work consensus
Proof of Physical Work protocol encapsulates real-world use cases.
The blockchain protocol rewards users for performing verifiable physical work like deploying a 5G hotspot etc.
As examples of similar projects
Wireless Network:
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Pollen mobile
Provide token rewards to participants (hotspot...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Despite all the talk about a recession in 2023, many cyclical industrial companies have gained traction lately -- including United Rentals.
The first item on today’s chart is the $365 area where URI peaked in late March. Prices pushed against that level several times since mid-November while making higher lows. The result has been an ascending triangle. The stock...
CBOT: CBOT:ZW1! , CBOT:ZS1! , CBOT:ZC1! , CME:HE1!
This is the second report in the series “Year of the Rabbit: Short-tailed Trading”.
US inflation began to pick up in March 2021 and rose rapidly throughout the year. Federal Reserve officials told Americans not to worry. It was due to supply chain issues and comparisons to low baseline numbers in 2020...
I decided to see what all the fuss about prop trading firms were.
I never really got caught up in the crypto craze.
I bought a few meme coins and had some fun learning to trade with 5x margin.
But it wasn't good enough. I wanted to experience what the real money traders were gaming.
Futures!
Instead of losing tens of thousands in real money, I decided to...
In December, the price of gold moved through a volatile uptrend but did seemingly reject at $1,819. However, a daily candle managed to close above this resistance zone on the last day of 2022, which has been followed by a continuation to the upside at the start of the new year. Although the volatile uptrend pattern appears to remain intact.
Currently, XAU/USD is...
Since today worked out really well. like all my targets were hit, bullish, bearish, BA, IWM, SPY. Jeeze, someone really liked me today.
I figured let's see how far this is going to extend.
Longing ES1! to the green line.
Additional entries shown in yellow.
As well, the range I anticipate for tomorrow is displayed in the boxes.
Overall, the probs for tomorrow...
The last thing you want to do is struggle to understand what tools your strategy needs and don't need. In this live stream, I'll be showing you the top 10 trading tools to use to help your analysis process become quicker and efficient.
Here's an overlay of $MCD in yellow from 1980 to 2005 lined up to the 75% drop in $MCD on the "Dollar Menu" price wars, store closings and YOY% sales decline for $MCD back in 2002. It was a disaster. Well, $TSLA has the same 75% drop to the current low. Maybe they mimic, maybe they don't. Just interesting!
Here's the $MCD chart and the part that I copied and...
All details in the video. Bias is now up on SPX but this week will be crucial to close above 3940. A failure to hold the 18 ma would be bearish.
Dollar has an inverted hammer on the weekly chart - a warning of reversal. Gold also in a precarious area, USOIL needs to hold 70 otherwise 65 looks likely.
Good luck!
Hello guys! Have you ever heard of the "January effect"? It's a pattern that has been observed in financial markets where the prices of small cap stocks tend to go up in the month of January. Some people think this happens because of tax-loss selling (when investors sell stocks that aren't doing well in order to reduce their tax burden) or because more people are...
Hi guys, it's the team at SpreadEx here. Ironically, we wanted our first post to be about our name... 'spread'. So what is it, and how does it work in trading? Let's dive in...
The Impact of Spread in Trading
Brokers advertise the lowest spread. Everyone cares about it. But… why?
Well, firstly let’s define the spread in and trading.
In the most simple terms,...
I have been trading the E-mini S&P 500 since 1998 so I have traded through several Bear Markets and there is a theme to them and how they end. In this video I go over the bear markets in the Dot Com Bubble and the Global Financial Crisis and compare them to this recent Bear Market. I share how I use a weekly chart with a 52 week moving average and an RSI to...
Did you make any New Year's #Trading Resolutions? Have you already broken them? In this week's Livestream, the first of 2023, we'll go through my picks for the year and I want to hear yours!
One week down, plenty more to go. We'll take a quick look at key themes and events that are driving market, what to look out for next week and include charts and potential setups for the watchlist.
Hey everyone! 👋
🥳 Welcome to the 2022 Community Awards 🥳
It’s that time of year again, which means it’s time for us to shine a light on some of the best content shared on TradingView in 2022. Roll back the clocks with us as we dive deep into the best things you shared, posted, and commented on our network. Without further ado, let’s jump in.
Starting us off,...
