The chart shows what I am thinking right now. I was not going to post anymore analyses because I felt they were not appreciated (just by looking at the likes and follows). However, I felt like I needed to share this just to see if I am onto something and not totally crazy. :)
I knew this upmove was coming and I am expecting AEX 615 for some time now....
Twitter ($TWTR) down 4% after hours as Uber, Apple, Bill Gates, Elon Musk, Jeff Bezos, Michael Bloomberg, Kanye West and Joe Biden's accounts undergo anonymous hacks.
Reason is still unknown, no comments from Twitter, serious security breach, over $100,000 stolen in minutes
Hit the "LIKE" button and follow to support, thank you,
Information is just for...
This is a massive level for copper. That simple. Price made a bearish engulfing pattern today and a long term trendline and major horizontal level. This combination makes me favor the downside. Near term, continue to be aware of the median line and lower parallel of the channel from the March low (see below). The center line is about 2.86 now and the lower...
Chart shows the S&P 500 to Gold Ratio and an indicator column chart of the distance of price from the 36 simple moving average. As the the ratio peaks (more gold to buy the S&P) and the distance between price and the 36 MA crosses below the zero line it's time to go long gold and lighten equities. The chart shows the transition periods between gold to equities and...
In this video I talk about how I trade price action structures and patterns.
I explained my trading style and strategies, and how I also utilize multi-time frame analysis to my advantage.
Feel free to comment and ask questions, thank you.
I did a deep valuation analysis on Citigroup today, digging into their earnings reports for the last three years as well as analyst estimates for the next 4 quarters. Here are my conclusions.
In forward P/S terms, Citigroup is nearly the cheapest it has been in the last three years. However, in forward P/E terms, it's nearly the most expensive it has been in the...
1- On 03/03 the real interest rate differential was 0.16 in favor of the UK and the big speculators were bought in 29k contracts(CoT). The value of gbpusd? Approximately 1.28
On 06/10 the real interest rate differential was 0.70, now in favor of the USA and the big speculators were sold at 36k(CoT). The value of gbpusd? Approximately 1.28
2- If we look at the...
We have a breakout on the daily today in EURCAD coming out of a rounding bottom. This is without question the highest probability pattern on my radar (including stocks, commodities, crypto, forex). It's currently my largest position.
Long term basis we have a strong upward trend as well. Notice the basing pattern on the weekly scale. That basing pattern is above...
Hey! When we all started we passed trough some difficulties in trading.
Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever.
Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which...
Hello Traders Investors And Community.
Welcome to this idea about the classical head and shoulder top formation which can be found on smaller timeframes as also higher timeframes.
Although there are inverted head and...
$TSLA currently has a monthly RSI of 87. The only other time it was this high, was in 2013. Although it didn't mark a top in the stock price, the stock did end up consolidating for several years after 2013. Worth noting.
A bunch of earnings next week, particularly in the financials sector:
C (40/58/14.1%): Tuesday before market open.
DAL (50/95/23.0%): Tuesday before market open.
JPM (38/49/12.1%): Tuesday before market open.
WFC (58/63/15.4%): Tuesday before market open.
GS (31/48/11.7%): Wednesday before market open.
EBAY (71/56/13.4%): Wednesday before market...
I don't know who is going to read this so I am going to be a bit more detailed than normal to explain some of this indicators.
The moving average convergence/divergence indicator, also known as the 'Mac D" defaul calculations is to that the differnce between the 12 period Exponential Moving Average (EMA) and subtract the 26 period EMA. ...
Bitcoin historical volatility (HV) nearing 40
$BTC volatility this low has historically led to major price action between 30% to 60% movement in the following weeks
From current price:
30% move to the upside is $12,200
30% move to the downside is $6,500
Put your seatbelt on
Hello Traders Investors And Community, welcome to this analysis where we are looking at bitcoins weekly perspective, the importance of the current consolidation situation, what will happen the next weeks and months and how we can prepare on possible scenarios incoming to profit in the end because this is an important part in this whole concept. Therefore it is...