AMEX:SPY has broken above the April trendline as it sits below monthly support/resistance levels.
Note : there is a new gap to fill below from fridays significant gap up at open.
Question : Can someone tell me if that is a bullish doji star?
(widths of top looking structures seen in chart, but are they? could they be hiding their true identity and transgendering into bottoms right before your very eyes?
Using an MRI Scan on the RSI, we can see it actually might be a WEAKER TOP, why does it look so small in the RSI?
I think this might be a new type of divergence I discovered.
The red marker...
What started as a short post describing a potential, but dangerous, weekly inflection in the TLT chart has evolved into a much longer discussion around process and how I organize and view the basic information. As I wrote, I realized how difficult it is to describe process, particularly the more nuanced aspects. 40 years spent staring at literally millions of...
Trust the process. Even if you have to write all over your charts to get it right!!
Market structure is key, take the time to learn it and apply it.
I caught all this between Friday and last night after having a good cry about how bad I wanted to get this right.
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Missed last drop because price hit 1H liquidity zone and...
Zcash (ZEC) was trading by over 16% higher as of writing this, as prices rose to their highest level in over three months.
After trading at a low of $748.86 yesterday, today’s high of $777.63 saw ZEC/USD break past its long-term ceiling of $772.20 in the process.
Saturday’s peak is the highest point that the price of ZEC has traded since December 9, and comes as...
Hey to everyone! Hope everybody is doing well. After a good short on GBPUSD which we made today, I got another setup on GJ. The Pound weakness is still continue so on 4H timeframe we got a double top formation and new impulse to the downside was already formed! I am gonna patiently waiting for some pullback ( according to MA50 or another double top formation)...
A demo of forecasting next Simple Moving Average's values using a discrete-time stochastic process on the daily Amazon stocks' price data.
The indicator can be found here:
“Maybe this is a game that can be beat.” -Knish in the movie Rounders
I learned how to trade by watching others make decisions in real time. The countless hours of studying theory / different indicators only went so far. As soon as I was ready to implement a strategy I felt like a deer in the headlights.
What helped me more than anything else was watching...
Hello Traders, hope you're having a great day today.
Looking at the USDJPY today, I've recently closed my long position
I took yesterday. I had a couple of things lining up that made the
current Trade invalid.
Yes, you are absolutely right in the way that you're thinking. This
Trade could potentially explode to the upside and hit, what could
have been, Target 1...
