New trader looking for insightI am new to the stock trading game and I picked the absolute wrong time to get in on Atlassian shares, so if anyone has information on what's going on or what to expect, it would put me at ease to know. To my inexperienced eye, it appears that recent rises in share price occurred due to a speculative bubble which burst when the company reported average sales and it was undervalued by Morgan Stanley. Should I expect the trend to return to its original form, outlined by the green line, or will it keep going down?
Help
HOW TO BUILD YOUR CONFIDENCE AS A TRADER (WIN BIG & LOSE SMALL)** In the video I say EURO / Swiss Pound. I think I meant to say Swiss FRANC ** :)
This video is meant to cover a really important topic that I think holds back most people from being successful in the markets. In this video I cover:
1) There's a difference between being a good analyst and being a good trader
2) How to empower yourself by learning to trust your analysis
3) 3 optimal trading environments and how top-down timeframe analysis lets us identify which environment we are in
If you find this video helpful, please leave a like and a comment!
Good luck out there and remember ALWAYS win BIG and lose SMALL :)
WEED Canopy GrowthI'm just starting to learn about trend lines and analysis, i was looking for some feedback on this, i think there is a strong support line, multiple hits on it and the bulls haven't broken through, the resistance line i was a bit unsure with as i believe the two big breakouts are fakes and could lead to misinformation about the direction of the market. Thanks for reading any and all feedback would be really appreciated!
Disclaimer: I'm new to this..
How much worse can it get? :(Learning to use trading view and also a little charting.
- Strong down trend with multiple resistance levels broken.
- Not enough bull volume on the way down to reverse
- hourly chat has come green at 0.01 and 0.012 but I don't think it is strong enough
How low can we go? :(
Ideas?
Looking for advice and tips along the way as I learn..
This account broken with watchlist. New account "Wackinhut"Hey guys, this is the thebulltrader.
I have not posted in longtime due to family changes and different investing approaches.
Recently I have been trading stock options and am looking to focus more on that aspect.
However, my account thebulltrader has been glitched with
a "Stuck watchlist" and have created a new account called "Wackinhut"
If you like my recent post under Wackinhut "i'd appreciate having the ability to comment in
public forums as I need 50 reputation points for public chat rooms.
P.S been trading for like 6 years from forex, stocks, options, and commodities.
EURUSD WAIT TO PURCHASEIve used the cypher tool to see if theirs a buying opportunity for swing traders. So it looks as if the market might meet some resistance between the 1.23500 mark before a drop to 1.21500 perhaps even lower. This i think will be period of consolidation before a rally in a day or two.
I am asking for critical feedback. Not to concerned about my feelings being hurt. So have at it!!
XRP/BTC On Binance: Upcoming BreakoutCurious about what everyone thinks about this as well as my analysis...
After predicting the potential for a breakout, looking into indicators to try and get a sense for the direction as the wedge is rather a toss-up:
RSI
Showing very low on the 4hr, and Daily nearing a 50-cross... this tells me it looks like an upward break, which will bounce the daily back up (will not pull it into a downward cross).
Averages Analysis
21, 50, 100 EMA and 200 SMA analysis: Crosses have occurred, showing negative trend forming, or at least for the time being. Since it's channeling it's tough to say.
MACD
Showing potential for a cross back upwards on the 1hr, and a decent negative trend already crossed 12hrs back.
Momentum
(I use TTM Squeeze) is showing we are in a squeeze on both the 1hr and 4hr chart. Momentum looks like it may be recovering enough to push a MACD crossover on the 1hr, but on the 4hr it looks like momementum is still pushing strongly negative.






















