The date was Oct 21st, 2015. No I can't tell the future, and neither can movie makers. What I can tell is the market is aware the next CPI print will come in much lower which is estimated at 7.8. My estimate in the above chart I have coming in lower at 7.4. Sit Rep going into tomorrows print. In my previous ideas and comments I said after the rally we...
Hello traders, All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article. I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them. Splitting this article in 2 parts because it’s dense and I don’t want to lose people who might...
Admittedly, this is a clickbait title ... However, let me explain ... In previous cycles between halvings, the duration between the cycle high and cycle low was 13 months as you can see on the chart, with a price drop of >80% in that period. November '22 marks the 13th month since this cycle's ATH, so if history is respected, chances are that this month will...
EUR/USD has reversed course today and is in negative territory. In the North American session, the euro is trading at 1.0043, down 0.30%. The US dollar has rebounded after a 3-day slide against the major currencies. The dollar downswing started on Friday after a lukewarm employment report raised expectations that the Fed will deliver a "modest" 50-basis point,...
Bitcoin liquidated $200 million in long positions yesterday as the price tested a two-year low and dipped to $18,000. All of this was blamed on a sharp and widespread drawdown amid the withdrawal of funds from cryptocurrency FTX and the spillover into a deal with its competitor Binance (Chart 1: Bitcoin's steep fall, triggered by fundamentals. Straight to the...
Hey traders, In this article, we will discuss the set of actions, habits and beliefs that will blow your account. 1. Trades are based on emotional decisions Behind each trading position must be a reason. The entry reason of a professional trader is based on a very strict and objective conditions, while an unprofitable trader follows emotions and...
1. People are born traders. While it is true that certain personal characteristics make it easier to trade, no one is born a trader. One of the main themes of the Market Wizards books written by Jack Schwager is that almost none of the market wizards was successful from the start. They all worked hard at it. 2. You have to have a high IQ to trade. Just not true....
Is FTT about to meet the same fate LUNA did earlier this year? Luna also had a pretty nasty looking head and shoulders that it validated a breakdown from. FTTs is similar although the full measured move is negative 42 dollars which isn’t possible…that doesnt mean the pattern won’t still trigger, it just cant reach the full target….it could very easily drop deeply...
Metals to Break its All Time High. I have discussed about Gold before and in this tutorial we will study into Copper. From last week Fed chairman statement, he said “it is premature to be talking about pausing our rate hike. We have a ways to go." The continuous inflation is almost a certainty into next year, and what asset or instrument works well with...
Hello traders, Disclaimer : Past performance is not indicative of future returns. I) Historical returns for the $SPX following mid term elections On average the $SPX has had a 15% return on a 12m basis. This bear market is rapidly approaching the average lifespan for such a market. Remember, the average bear market lasts 11+ months and the median is 7+...
CME: Micro USD/JPN Futures ( CME_MINI:M6J1! ) On September 21st, the Fed raised interest rate for the fifth time. The very next day, Bank of Japan decided to keep the country’s short-term interest rate at -0.10%. On November 3rd, the Fed raised another 75 bps, and the Fed Funds rate is now 3.75-4.00%. Interest rate spread between the two countries now reaches 4%....
Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Here are some Educational Chart Patterns that you should know in 2022. I hope you will find this information...
In part 2 I take a quick look at high yield corporates and describe a common mistake made in using ETF ratios to monitor changes in credit risk. Part one and an earlier piece that described how to use the TradingView platform to monitor secondary market credit spreads are linked below. If there is any one thing that will produce a Fed policy a pivot, it is...
CME: E-Mini S&P 500 Futures ( CME_MINI:ES1! ) If the characters of Game of Thrones were on the financial markets, who would be the unchallenged “King of Wall Street” in your eyes? Since Federal Reserve set sail on tightening monetary policy, all markets fell under the spell of Fed rate hikes. Federal Open Market Committee meetings are major market-moving events....
Hey everyone, I apologize, I tried to post a live stream and it just did not work :(. I think my internet is the problem. Many times my internet has caused massive losses because of being so terrible, so I am pretty sure that is the problem. Anyway, I just wanted to pick up where I left off and finish up my thoughts on SPY. In the live stream I went over all...
For the first time in many months the price of Bitcoin COINBASE:BTCUSD has pushed a closing bar outside of the Daily Ichimoku Cloud. Using the Daily Ichimoku Cloud indicator on the traditional setting (9, 26, 52, 26) has been an accurate tool in defining the trend of Bitcoin going back over a decade. I even did a study proving that the performance of using...
Close Up: Historic significant levels to test its responsiveness: It can be set to values like 1000 and it might even make sense even on daily tf with specific settings of the indicator. But I will use Base EMA 360 BSP 360 Factor say 7 Don't touch Fast EMA if you want to ever survive through that. And lets give a week offset just for lulz. (7 days so input...
This post explains my mindset of why i publish only indicators and only under open-source. A common opinion is that if an indicator or strategy is publicly known, then it cannot be profitable. In economics theory, this is known as the efficient market hypothesis(1), which states that once a strategy is widely adopted, it is integrated in prices and hence cannot...