Bitcoin has been retreating from its all time highs. The momentum is negative, which means we can still expect more lows. The good news is that it started to form a positive momentum divergence, which basically means the acceleration towards the downtrend is slowing down, and a possible reversal is in the making. I don’t see a good timing to start a position, I...
Here we have combined a short/long term view of momentum via the Distance from Avg indicator. Explanation and settings noted on chart.
One add'l thought not noted on chart - the "Dots" may show divergence versus price closes, and one can take this into consideration if desired.
SOXS on the 30-minute chart has reversed from a trend down to an early uptrend. This is
confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,
the relative volume indicator showing buying volume spikes instead of selling spikes, as well
as the squeeze indicator changes from a green negative histogram to a positive one....
Yes these lines might cause you seizures do not look at them if you have or a family member has experienced or has a history of having them. I am going to post two charts one is something I just made. so simple. and another is my indicator. both say market wants to dump to 1900ish-1905. this chart a signal when the market basically burps or farts....lol...
Slightly after earnings Fortinet Gapped down. Which are my favorite kind of stocks to trade because 9 times out of 10 Gaps close.
Fortinet had many analyst reiterate Bullish price targets some up to $70. I'm looking for a retest at $60.
Forecasting out to nov 2nd. The next earnings should be interesting.
Williams, MACD, & RSI are all showing Oversold in this...
This is a follow up and actual trade taken by myself. I placed a short term buy today at 10:30A.M on AUDUSD simply because lower lows ceased being formed at a key support level. After a strong bullish correction trendline was broken then on the 4Hour the 8Moving Average crossed to the upside of the 21SMA. that's relevant because it lags behind price. The 1 hour...
thenexxtrade Alpha Strategy
Annualized Return : 17.9%
Sharpe Ratio : 1.27
Sortino Ratio : 2.67
Max DD : -11.4%
Volatility : 10.5%
I am not complaining!
The S&P 500 index has seen a decline of over 20% now officially stating a Bear-Market over the widely followed indices.
Today we are diving specifically in to the Monthly Chart for some Technicals Breakdown on the S&P 500 ETF (SPY)
The Monthly Momentum in this case we're using TTM_Squeeze (similar to MACD etc.) is signaling a flip to bearish momentum on the...
mest capital indicator has generated an alert of going long in equity for MICROSOFT CORP
Timeframe: weekly
Entry : High price of candel
Stoploss: Low price of candel
Happy trading 🙏
Bullish
- Round bottom
- Broke downtrend
- Broke neckline
- EPS +1
- Sales +1
- Funds accumulating
- Great fundamentals
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“If you are depressed you are living in the past. If you are anxious you are living in the future. If you are at peace you are living...
Bullish
- Higher lows
- IHS formation
- Double bottoms
- Funds accumulating
- Great fundamentals
- Needs to break above downward trendline & neckline
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“The gem cannot be polished without friction, nor man perfected without trials.”
Cheers and happy trading!
Bullish
- Higher lows / Higher highs
- IHS formation
- Funds accumulating
- Great fundamentals
- Hot theme
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“A winner is just a loser who tried one more time.”
Cheers and happy trading!
Bullish
- Broke downward trend
- Broke neckline / major S/R
- Making Higher lows
- Funds accumulating
- Great value
- Good R/R trade
- Hot theme
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“Our greatest glory is not in never falling, but in rising every time we fall.”
Cheers and happy trading!
Bullish
- Making higher lows since March / June / Sept 2022
- Broke downward trend line & retest
- Funds accumulating
- Great value
- Good R/R trade
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"“I hear and I forget. I see and I remember. I do and I understand.””
Cheers and happy trading!
Bullish
- IHS formation
- Broke downward trend line & retest
- Funds accumulating
- Decent fundamentals
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"if you don't find a way to make money while you sleep. You will work until you die.”
Cheers and happy trading!
