Greed
Fear and Greed indicators for SPX broader market - Crash 2021?Looks like the indicators are pointing very much downward.
During the last five trading days, volume in put options has lagged volume in call options by 38.17%, among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors.
Bonds have outperformed stocks by 4.09 percentage points during the last 20 trading days. This is close to the weakest performance for stocks relative to bonds in the past two years
During the last month, approximately 14.93% more of each day's volume has traded in declining issues than in advancing issues
Only junk bonds are not following the fear trend... yet?
Trading strategies, Part 1: First stepsWelcome to a series of videos called Trading Strategies. In the next couple of weeks, we'll talk about different strategies one can use to maximize gains: Market psychology, trading tools, trading styles, technical analysis.
Today, the first steps:
1- Defining who you are: Are you an investor or a trader
2- Educating yourself: Knowledge is the best tool someone can have on the market
3- You can't win all the time
4- Don't be greedy
Stay tuned for more content
SELL YOUR BITCOINS Because...Hello Dear Crypto Traders or Holders.
How much you know about BTC Fear & Greed index?
Do you know when the market is in Extreme Fear or Greed what will happen?
I am here to learn you a little this type of market analysis .
Well, if you see this idea, congratulations, you are far ahead of many in this market who understand the use of Trading View.
You can tell the difference between analysis and good prediction.
let's get to the point
Not all tools are always used to analyze the market more accurately, and you need to integrate them properly according to your own strategy.
For example, indicators are not used alone, you have to combine the technical with it or ...
I am here to tell you that bitcoin will not go higher than its own ATH at this time, as many expect, you ask why?
I combined the technical and classic RSI indicator and another useful tool called BTC Fear & Greed index.
Well, you know that markets often react to their own past
What does this market tell us now?
He says that whenever the BTC Fear & Greed chart penetrates above 80 and reaches Extreme Greed mode, most of the whales and big ones in the market start selling their possessions when simple people are greedy, and look back at the market in this situation. crash and experience deep shaving
Or vice versa, when people are in deep fear and this tool goes to the numbers 30 and below, whales use people's fear and get their property cheaper than they grab.
Conclusion:
1. Bitcoin has reached its greatest resistance.
2. The RSI indicator from 6 OCT 2021 shows a negative divergence.
3. The BTC fear & Greed index tool has reached over 80.
4. People who bought bitcoin for 64,000 are selling.
5. In the lower time frames formed a twin hills (Double Top).
6. In the 4-hour candlelight we see that the candlesticks do not have the power to break this important level at the moment.
7. And more importantly, the whales are thinking of trapping traders.
You can save your profits and wait for lower prices.
Now you ask what if he did not correct and BTC hit the ATH ? Because in this market, nothing is 100%. In my opinion, if 10% of this happens, after hit the ATH btc will return to 64000 and when the pullback completed you can enter again.
BE SAFE
AXS/USD Short.
Signals:
Position: Short
Entry price: Limit order at 119,537
Target price 1: 101,570
Target Price 2: 72,837
% decrease: P1: 15% P2: 39%
Indicators:
DMI: The ADX line is showing strong signals of a trend and the D+ line is staring to slope
downwards as well as the D- line is showing signs of a downtrend as about to start.
RSI: The RSI line was above 70, a t81,80 and has started towards 58,34and signs of being overbought.
MACD: In this indicator has the MACD line crossed the signal line and negative momentum has started.
Fear and Greed: This indicator indicates that the market has extremely greedy investors and that the market is due for a correction.
Analysis:
The analysis indicated on bearish signals from both the three indicators, where DMI shows negative momentum, RSI is showing signs of the cryptotoken being overbought and the MACD line is showing signs of bearish momentum. A recommendation is to enter the trade when the price brakes below the support and retests it successfully as a resistance.
Fear and Greed Index is showing extremely greedy investor climate resulting the market waiting for a correction. Together with this index and the other three indicators is the analysis able to show signs of a short position.
No Financial Advice.
Greed makes blindDuring the last "bull run" to $65000, Bitcoin tried three times to break the resistance upwards into the next higher channel, which it failed to do. The consequence was a series of FUD, promoted by numerous promoters, twitter bots and media.
Today we are still in the lower channel. Only if we break it permanently, we might get into the the same channel that BTC used to be in, as it started its first attack on $65000. Today is the third attempt of bitcoin again to break the lower channel upwards....
I assume that the bears will once again do everything in their power to touch the lower channel of this smaller channel before a possible bullrun will finally offer them no more options to short BTC.
This idea is invalid if bulls breaks the 56-57k barrier permanently in the weekly chart.
This is just my opinion, it may be wrong. This is not an investment recommendation to buy or sell bitcoin /crypto.
BTCUSD "Economic Bubble"?Thought it fitting to sketch Dr. Jean-Paul Rodrigue "Economic Bubble"model over BTCUSD Weekly TF.
Imagine how fast this would move once "FEAR" was to properly set in.
Thoughts on price action over the next month?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
BTCUSDTI don't think it looks good for BTC. The question is not if there will be a crash, but when. I think the big ones are investing heavily in order to cash out huge afterwards. I wait for a spike (lev 3 or higher) to go down afterwards, reverse to liquidate the shorts again and aftern the liquidation of the longs will follow. Investing hard in buying to sell after with a very lucratif profit at the end. I'm curious (:
btc analyzecritical zone for btc and all cryptoes
watch the fear & greed index
if price break 47.0004 zone price will come down to next resistance and if the fear in the market wins the greed we will watch that price come down to next resistance in 38.000$. but this resistance is very very strong
MCDI confirm short position too
A negative divergence between candlesticks and CCIDivergences play a significant role in trading. Here in the daily frame of BTC/USDT, the negative divergence is being diagnosed which can result in a sharp decrease in the following days. In addition, the Crypto Fear and Greed index is another important indicator that can indicate the amount of inflation. The amount of this indicator is 74 out of 100. It means that the market is immersed in intense greed.
Patience Patience Patience...As a trader of 4 years, I learned Many things, but the most important thing I learned was being patience. Patience is by far the hardest thing to achieve because from my point of view, I always wanted to be in the market. The excitement, the blood rush, knowing you can make money quick and fast. That was my psychology. This problem is not only me, but many traders as well. I have spoken to an abundant amount of traders and they always tell me
"I can't miss this move"
"I want to make money fast"
"What if this is the bottom or what if this is the top"
"I miss my entry, but I will just go in anyway."
"I am bored."
"Market not moving"
When I started trading back then, I always had these comments imbedded in my mind as well. I always wanted to be in the market, I always wanted to make money fast, etc. But in reality this is not the case. I started to change my mindset of trading when I took a big loss, yes a big loss, not just any loss, a loss that made me learn my lesson.
It all started 2 years ago, I was trading a crypto pair. I had my plan set up. I knew where I should long and where I should short. Days pass and the price was nowhere near my area of interest. The feeling of boredom, the feeling of wanting to be in the market, the feeling of "I might miss out" came. So I took the trade. Then the next day happened, boom, I took a loss. I was upset and without being patience enough to wait for the entry, I took another trade because I wanted to get my loss back and I couldn't wait to do so and the result was another loss. This is where it happened, after both losses, I waited for the pair to go to my ideal set up, It took weeks before it did. I wanted to see what would have happened if I just waited. When the pair was in my ideal spot, I took the trade. Days pass and the trade hit my Take profit. That very moment, I knew I had to be patient.
As of now, Every Weekend, I mark my areas of interest from daily all the way down to 4 hour or even 1 hour. I have never taken a trade until it hits my area of interest. This made me a better trade.
Remember there are many more aspect of trading than just being patience. This is just one of many important key elements of becoming a successful trader!
Manage your emotionsTrading requires focus. It is crucial for traders to know exactly what to do to control their emotions while trading. It is also important to know when to accept a loss and move on.
Here are 10 tips from the pros to manage your emotions while trading:
1) Manage your stops carefully. A cautious approach to stops and limits will keep you from making rash decisions. It hurts to get a trade stopped out, but over time you will save money on losses. Your trading journal can give you useful comparisons on levels for stops.
2) Don’t marry your positions. It’s easy for a trader to get stubborn, and to hold on to a trade just because he ‘hopes’ it will turn around. Close down a bad trade as soon as possible, take your loss and move on. Your trading journal will suggest the next move.
3) Follow each trade with a break. Trading goes on at a rapid pace, so don’t get caught up in the action. Take a moment to think about something else, and then come back and deliberate. Now look at your trading journal to get the next idea.
4) Set a fixed point at which you stop. After three, four, five or whatever number you choose, stop for a good long break. It’s when one trade follows another that most mistakes happen. Consult your trading journal and review your strategy.
5) Don’t keep track of profit and loss. Doing the math on your earnings will only get your emotions working. Concentrate on your trading strategy, and review your trading journal to develop it. Then, at the end of the trading day, you can check out how well or poorly you did.
6) Keep your mind on the plan. Don’t let the results of a few trades change your overall strategy and approach. Stick to what you have learned and what you have planned – use your trading journal to develop your next moves.
7) Don’t confuse prudence with fear. You want to trade prudently, using logic and reason. This may make you hold off on a trade. But make sure that prudence, and not fear, is behind your decision. Fear can wreck your trading by keeping you from making a trade. Use your trading journal to see if the trade makes sense, follows previous wins, or if the trade just doesn’t make sense.
8) Watch out for greed. Greed can make you stay in a trade when you had planned to exit, hoping to milk it for a little more profit. Such trades risk turning out badly, just when you thought you were winning. Use your trading journal to judge the best exit points based on past behavior.
9) Don’t act on anger. When you’re angry, hold out, wait until reason takes hold. There is no worse trade than a “revenge” trade, in which a trader follows up a loss by jumping right back in to recoup. Consult your trading journal to get back on track.
10) Don’t give up. There comes a point in every trader’s life when it just doesn’t seem worth it anymore. Don’t let yourself be intimidated. Trading is tough, but you can win.
Classic Wyckoff Accumulation playing out.Noticed a perfect example of a classic Wyckoff accumulation playing out on the 6H, and wanted to do an explanation of how instructional investors and whales define support and resistance zones and use them to shake out retail investors during accumulation.
The Wyckoff method plays out in every market that has institutional investors. Once defined, understanding it is a powerful card to have in your hand when you're trading. You'll notice from the volume profile on the right that the price action stays within defined support/resistance levels.
That's because the big buyers set the levels. This $31,500-$40,500 range is also the defining volume range in the distribution leading up to the ATH, making it a substantial level of support over the long term.
Reading volume is important when doing Wyckoff analysis as it will definitively tell you whether a move is false or not.
Note that the uptrend in Phase D & E are for illustration. We may still have some bear market to come, but we are at the strongest region of support since the start of the bull run, so we may be turning around.
Understanding the psychology of greed and fear is important as well. Greed is the driving force of large investors to shake out smaller retail investors during uncertain market times. It works because retail investors tend to trade on emotion, becoming fearful when a large price drop takes place. Institutional investors can ignore emotion and and simply stick to their targets as they have a much larger financial cushion and the ability to act as market makers on a larger scale.
Once you understand the psychology of fear and greed in markets and how volume can be used to confirm price action, you can stop being fearful, stick to a strategy, and begin trading with the market movers instead of against them—as more often than not this is a losing battle.
Overproduction, greed and a lack of shippingThis is a production chart and the last of my economic charts. I want to take a second to think back to 2020 here. The world shut down, when it reopened the Suez Canal got blocked, shipping is still no where near recovered. The rich are pulling PMs off the Comex as a silver squeeze happened, and a lack of shipping on top of this and scalpers lead to SO MUCH tech not being available. Is till can't get a new GPU or PS5 AT ALL. then you had massive food issues, droughts, oil pipeline attacks in America and the middle east, incompetent world leaders and fighting between nations and soooooo much more. It's of no surprise to me that bond investors my be getting spooked, on the other hand, with great risk comes the potential for great reward. Just something to think about the next time you order fast food and find only one person working 60+ orders or order something from amazon and find it got lost in that black hole never to be seen until you get on their case.
My next charts will be a few TA on some of my favorite crypto, MEME coins and stocks and what I have been looking at for trades afterwards
ENBL going to $16 need advice.Kind of a dumb questions but I just wanted to make sure my emotions didnt out weigh my logic on this one.
by iCantw84it
05.17.2021
@SavvyMoneyShow






















