Harmonic Patterns
AUDUSD - Exponential Volume at pattern completion explained. In this video, I talk about how to utilize volume analysis combined with harmonic patterns.
I also talk about how I will trade the Audusd next week, alot depends on this critical trendline which I will talk in detail in the video.
Hope you guys enjoy it, wish all of you good luck and good trading!
NASDAQ - ON NFP- THOUGHTSThis view is more of a confirmation of my analysis for the week, I am waiting for the end of day to be able to tell where price will be going next but as a day trader, there often something to trade. Price tested a new high and could be looking at forming a new high low before a higher high.
How To Day Trade Consolidations Profitably With #FibonacciTraders, Several fellow day traders have been asking to show how they can day trade using fibonacci based analysis which I use for swing trading. The fibonacci based analysis is applicable to all chart time frames and on all instruments in all markets. It even works on tick charts. In this educational video I present how we could have made 130 pips easily with day trading GBPUSD using fibonacci based analysis. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
Looking at BitMex PI during March 29 to April 2, 2020.1.) As price approaches the 5850 support, we expect that sustained selling is necessary to break this support level.
However, Premium Index does not reflect this. It goes slightly lower but stays rather flat.
Then, suddenly we see a significant 'pop' in PI, and then quickly increasing again, indicating that the trend has reversed for now.
2.) As price wicks into mid 6400s, we expect sustained buying is necessary to break this resistance level.
Premium Index does increase. Looks like there is enough buying to break resistance.
3.) Price consolidates and PI sharply decreases.
Since price hasn't reacted, one could take this as an indicator to sell, or to look in the near future for a place to sell.
The significant jump in PI suggests that the trend has reversed for now.
4.) The following sub-6400 tails are accompanied by an increase in PI, indicating some buying interest at/below that level.
5.) For the next two sections, price and PI diverge: price up, PI down.
6.) It dumps to 6265, then consolidates on that level while PI decreases.
7.) Another leg down to 6201. We expect that sustained selling is necessary to break this support level.
However, this is not indicated in the PI, which is stabilizing. PI is making its 'pop' in the current direction to print a local bottom before a price reversal.
8.) Buy.
Made 45$/Hour With Scalping Indicator on SPY Live TradingIn this video, we went over the trades.
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Take it easy.
~Bo
Learn These Strategies to Day Trade Against The Market!!!Key things to take away from this:
TD9 is still giving a bear market state.
Day traders can sell any selling opportunities if they think the bear is on.
Any selling opportunity will most likely to work out.
Trump's announcement called some people down. I am expecting the market to go up to set a good shorting opportunity.
Take it easy team.
See you on the next one.
~Bo Bugra
NC tales from the "crypto"...In this video, we cover traditional TA, Fundamentals, GANN and a whole lot of variables on a low float penny stock to give you hints on, strategies and signals to look for.