ETHXBT: Scariest chart ever...I set an alert here to monitor this chart, if $ETHBTC were to fall below 0.02405, things could turn from bad to worse in the ratio chart.
I'm currently long $ETHUSD, and waiting to exit in profit, and I think at one point during July we may get a retracement in crypto markets accross the board...I also think $ETHUSD can confirm a monthly uptrend during July, so I will carefully watch how chart patterns and sentiment evolve over time from here onwards. We need to be aware of this trend signal in the monthly ratio chart as well...positioning of crypto portfolios might be better off if there is exposure to $BTCUSD, and not only alts (even though $ETHUSD will likely perform well).
This chart shows the doomsday scenario for altcoin holders, where NO single altcoin beats $BTCUSD ever again...IF this trend signal confirms, odds of that happening will be 70%, for as long as price doesn't go back up, and above the levels specified on chart. USD wise we can make profits in alts, specially in solid ones like $ETHUSD, but they might end up falling short compared to $Bitcoin. Since most people have been stuck on long alt positions since 2017 (where altcoins surged like never before), this chart signal actually working is a very real contrarian scenario.
Keep this in mind...
Best of luck,
Ivan Labrie.
Search in ideas for "RATIO CHART"
Charts That Make You Go Hmmm... (SPY/TNX)Thank you to all my followers that take the time to read this with me.
Some historical background on the importance of the 10 year Treasury Note Yield Index. (Hey, we all need to brush up on it from time to time)
This is a ratio chart of SPY/TNX with a 9 year trend. As is the case with most charts related to interest rates, it's pretty technically perfect.
I've always found this interesting because this is a market that is almost 100% Fundamentally driven, yet produces the cleanest technicals, but I digress.
I just stumbled across this ratio chart, as interest rates are increasingly on my radar. I think the chart is self-explanatory for the technicians out there.
Lastly, let's play 'Guess-That-Pattern' on the weekly 9-Year chart. Good luck to all.
Patterns forging Patterns // BIG IF=THEN ®4 eventual patterns for FX:USDJPY
The biggest game of "IF's"
AB=CD pattern:
target around 112
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Targets:
TP1 38.2% CD
TP2 61.8% CD
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Targets:
TP1 38.2% AD
TP2 61.8% AD
Check ratios:
Previous idea daily chart:
Safe trades;
Gartley&Crab Corp ® - Forging Pips since 1760 ;)IF=THEN ®
Notes on chart... for FX:AUDJPY
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
--------------------------------------
CRAB
Point B:
38.2% to 61.8% XA
Point C:
38.2% to 88.6% AB
Point D:
161% ext XA
224% to 316% ext AB
Target:
TP1 61.8% CD
TP2 127% CD
Short @D
Ratios:
Check other AUD pairs (links below).
Safe trades;
Pound vs Gold and NZD: Time at mode analysis and ratio chartsAnalysis on chart.
We can see that there is potential pending upside in this ratio, as evidenced by Rgmov's intense uptrend signal and the EW count I could obtain for this leg, which shows an impulse top, but not a complete 5 wave advance.
I think this chart helps us devise the directional path for gold, nzdusd and gbpusd, as well as gbpnzd.
We might have a good opportunity to short the pound and go long gold but we will have to wait, since I think the decline we're seeing in the ratio is temporal, and will be followed by more upside.
As for gold, there's an incredibly bullish mood among most investors, and specially technical traders, who are calling bottoms everywhere, which makes me doubt that's the real case here.
A trader here posted a gold EW count which I subscribe with, AndyM, do check his stuff out, it's in related ideas.
I'll be exploiting the temporal gold strength to fade the NZD vs stronger currencies soon, and waiting for a clear sign of reversal before attempting long NZD or AUD strategies.
Cheers,
Ivan.
Using HUI/VIX on weekly chart to anticipate major HUI movesHUI (Gold Bugs Index) throws signals relative to the VIX that are pretty obvious and allow plenty of time for entries and exits. I'll describe how in a minute - before that think about the aspect of Gold trading that is a "worry trade" and think about what the VIX is. As that sinks in, you realize that gold buyers are often playing a much longer time frame than the options traders who drive the VIX. So the signal mix here shouldn't surprise anyone with trading experience.
The Chart - I've taken the Heiken Ashi of the ratio of HUI/VIX. The rationale for HUI/VIX? "Worry traders" - those who buy gold and those that track the VIX - aren't always the same people, but both are often hedging (or betting on) a market crash - or worse. This chart shows the ratio in the red/green candles and in the background the gray is HUI itself.
The Sell Signal - I drew three horizontal lines where HUI/VIX pivots are common and pulled up the RSI (important - the Heiken Ashi is important here - it makes the RSI divergences easier to read). The signal pattern for a SELL of HUI is a bearish divergence on the HUI/VIX followed by a simultaneous spike in HUI to the top zone while the HUI/VIX moves down to the middle zone. In those cases HUI plunges shortly after. Why? I think of it as "hang time" - the gold believers are the last to give up - the VIX has moved lower and the S&P isn't showing worry anymore. Gold as a worry asset then follows suit because fewer new buyers are converted to owning Gold.
The Buy Signal - Worry assets bottom when no one is worried. Yet worry is cyclical. We are very close (maybe 3 to 6 months out, IMO) from a worry low, and the chart shows it - we are sitting above the "no one is worried" pivot line, but we aren't there yet, at least according to past patterns on this weekly chart. THAT DOES NOT MEAN HUI HASN'T BOTTOMED. Sorry for the caps, but ratio charts are tricky - we can move firmly down into that bottom zone with HUI trading sideways (consolidation) and VIX dropping. I am actually expecting that very thing to happen and have linked a chart showing why I see VIX lower for 3 more months.
Gold - Has Not Lost It's Glitter Yet.In my last Gold chart I published I gave 1100 zone or little lower as possible area where significant low would form. Then subsequently I updated with saying that I am reducing my downside expectation and would be willing see low form even above 1100. Please check these for background.
Many of course would dismiss these comments as they maintain the view of continued weakness for gold.
I am very intrigued that most analysts and institutions were expecting gold to continue higher and from a new high above Nov 2011 when prices were around 1500. I have in my previous charts maintained that would they would be disappointed and once 1500 gave way we could be looking for 1300 and then to sub 1200.
Many could have used fundamentals and their extensive knowledge to support their views noted above.
However those bulls were severely tested in their resolve as gold continued its relentless decline. Even the most notable Bulls such as John Paulson the Hedge Fund Manager reputed to have made billions from his deal in toxic assets started to sell down his gold exposure and in mid 2013. Similarly, another successful Fund Manager in UK started to conclude that gold has no chance of recovery anytime soon having held his position all the ways from high, so in Mid 2014 considered it is wise to reduce his exposure to Gold.
Drop in inflation expectation and Dollar strength has not been supportive of gold going higher. That now seems to be perceived wisdom.
We might not have seen classic capitulation you often see at the low by climatic drop in price accompanied by massive volume. This makes it hard to make a call on Gold.
Nevertheless, the above high profile bulls along with now ever increasing bears calling for gold dropping to sub 800, suggests to me that it is time to take look at possible bullish move for gold to at least 1500 or retest the Nov 2011 high.
My Elliott Wave counts suggest to me the Nov 2011 high was wave (iii) if correct then we could have completed wave (iv) and now poised to progress in (V) which could at least retest Nov 2011 high. If not then we might retrace 50% of the overall decline and 1500 looks ideal.
Technicals:
1. Bearish sentiments as noted above
2. RSI divergence at potential support level.
3. MACD potentially bullish crossover.
4. Move down from Nov 2011 high appears to be double zigzag with most recent congestion prior to last leg was triangle. Normally the move out of it is terminal (though the minor 5 waves out of triangle looks relative small). Therefore, whilst happy to take this as favouring bullish move (some caution is warranted)
4. Gold/Silver ratio chart suggest potential bottom for both could already in place. See separate chart.
5. Timing wise not significant but notable is that the move of 1999 low to Nov 2011 high took 144 monthly bars and 72 bar for move from Nov high to recent low, ie 50%.
6. See intraday chart which again whilst not conclusive suggest we have minor wave (i) in the form of rising wedge and retracement for wave (ii) are complete. This has happened when Dollar was particularly strong. So if correct we should move strong above 1250 to give conviction to our overall bullish view.
Conclusion:
Even if we are premature in suggesting the low is in, I would not short gold anymore as it become too risky. Rather I would now actively look for confirmation of long trade.
As always, please do your own analysis before making any trade plans. select to follow me and the chart for notification of any future updates. If you like my analysis, indicate this with thumbs-up and comments. If you have alternative view please feel free to share this with details for all to learn from.
Thank you for taking the time to view my analysis.
DanV
AUD/NZD - KIWI IS STILL FIGHTING FITThis particular currency pair representing the two neighbouring economies with some similarities yet different dynamics in which one has larger dependence on mining resource and the other on dairy produce has been in very large sideways move in almost unrecognisable swings and patterns. This is so until you zoom out using larger time frame and look back with adequate historical price.
This massive sideways move since at least 1995 with very wide range which is easily seen using monthly time frame in my screencast chart Link: www.screencast.com
From general characteristics of the price action since February 2011, it appears that it is in 5 wave impulsive move to the downside. If this is correct then we could be close to completing (though it still has room to run) this larger sideways congestion with strong counter rally or new bullish cycle ensuing.
However, right now we had congestion during January - October 2014. Many who have posted their charts on this pair are interpreting this as beginning of the new bullish cycle to the upside. They seem to suggest that in addition to some price action analysis, they have taken into account fundamentals of two economies, interest differentials and large institutions positioning.
This is all far too complicated and beyond my ability to analyse and suspect other analyst attempting to do so too. So to resolve issue, I am proposing that you accept the premise, that the stronger economy in the main would likely have stronger currencies too. The one with the stronger economy would likely have stronger equity market out performing the weaker one.
From this supposition, consider:
the ratio chart of Australian Stock Index / Newzeland Stock Index. See the chart below ( ) . You will note that since 2011 we have Newzeland Equities out performing that of Australian. In addition it also appears to be in the process of completing a 5 wave decline which is possible in mid-stream ie wave iii of 5 appears to be in progress. If this is correct then AUDNZD pair is likely completing wave i of 5 and is lagging the equity ratio, therefore, any retracement could offer shorting opportunity that have some way to go before this bearish cycle is over.
On completion of this, there would be a possible deep retracement to the upside or new Bullish Cycle to unfold which will offer long opportunities.
The price progression will either confirm the above analysis or otherwise and hopefully assist in resolving the dilemma as to which way the AUD/NZD is headed, positioning you on the right side of the larger trend.
If you have a specific observation and one accompanied with chart to share please, feel free to do so.
Has this analysis helped you, then let me know by your positive comments and thumbs up. Select to follow me and this chart for any further updates.
Share it with other you know who might benefit for this chart.
Thank you for your time reading through my analysis.
General market health intermediate termThis is a grid I put together showing different views of risk, or overall market health. I used renko bars for all the charts since really the overall trend is more important than any given day.
- IWM/SPY - When investors are putting risk on, they favor small cap stocks over large cap stocks since better returns can be found there. When they become risk adverse, money exits small caps and flows into large cap stocks, perceived as safer investments. The first chart shows a ratio of the Russell 2000 small cap stock ETF to the S&P 500 large cap ETF.
- SPY/TLT - When savvy investors start fearing a major correction, they start moving money out of stocks and into treasuries, which are as close as you can come to guaranteed returns. With SPY considered among many the best representation of the stock market, the next chart is a ratio of the stock market to 20yr treasury bonds.
- SPY/GLD - Similar to the last chart, gold is another one of those investments for the risk-adverse. It also can serve as a safe-haven for those fearing deflation. This chart is a ratio of stocks to gold.
- NYSE Advance Decline Ratio - the ratio of advancing to declining stocks on a daily basis. This is a time-proven market breadth barometer that generally should remain above 0 in a healthy market.
My takeaway from these charts is neutral bias for now, but exercise caution. The IWM/SPY chart shows that risk is possibly shifting out of small caps and into large cap stocks, but a definitive downtrend is not yet in place. The GLD and TLT ratio charts are similarly off their highs, but not yet showing a clear downtrend. The A/D ratio chart is showing a concerning trend of lower highs over the past year, but is still maintaining above 0.
Retro Editors' picks 2022Going further in our retro EP selection , we present to you the third collection of additional scripts that have earned a spot in our Editors' picks, now from 2022.
These retrospective selections reflect our continued commitment to honoring outstanding contributions in our community, regardless of when they were published. To the authors of these highlighted scripts: our sincere thanks, on behalf of all TradingViewers. Congrats!
Volume Profile, Pivot Anchored by DGT - dgtrd
Estimated Time At Price - KioseffTrading
Signs of the Times - LucF
Strategy (library) - TradingView
Intrabar Efficiency Ratio - TradingView
Over the next two months, in the last week of each month, we will share retro Editors' picks for subsequent years:
August: retro EPs for 2023
September: retro EPs for 2024
They will be visible in the Editors' picks feed .
Previously published retro Editors' picks:
May: retro EPs for 2020
June: retro EPs for 2021
█ What are Editors' picks ?
The Editors' picks showcase the best open-source script publications selected by our PineCoders team. Many of these scripts are original and only available on TradingView. These picks are not recommendations to buy or sell anything or use a specific indicator. We aim to highlight the most interesting publications to encourage learning and sharing in our community.
Any open-source script publication in the Community Scripts can be picked if it is original, provides good potential value to traders, includes a helpful description, and complies with the House Rules.
— The PineCoders team
$SMH / $QQQ: Ratio below ATH; Still more room for upside It’s the semis which are the hallmark of a cyclical bull market. It is always the Semis which indicate the start of a bull market and the first to fold over towards the end of a cyclical bull market. Hence the outperformance of Semis as a momentum sector is important from a symbolism perspective and from a market indicator perspective.
When the semis outperform the NASDAQ100 we have momentous bull markets. Today we looked at the ratio chart between NASDAQ:SMH vs $QQQ. This measures the relative outperformance or the underperformance of Semis over the broader NASDAQ100.
This ratio of NASDAQ:SMH / NASDAQ:QQQ touched its ATH on June 2024. Since then, the Semis lost momentum with NASDAQ:NVDA and NASDAQ:AVGO going sideways for a year. Now the momentum is on the side of Semis. Even if the NASDAQ:SMH is at 287 $ and at ATH with price is at its 2.618 Fib Retracement level, still the NASDAQ:SMH / NASDAQ:QQQ is not at its ATH. The ratio is currently @ 0.5. Before we hit 0.56 in the ratio chart just like last June 2024, SMH must outperform the NASDAQ100. If that must happen what should be the price of NASDAQ:SMH ? My prediction is the ratio NASDAQ:SMH / NASDAQ:QQQ tops @ 0.56 and NASDAQ:SMH goes to 400$ this year.
Verdict: Long NASDAQ:SMH over $QQQ. NASDAQ:SMH / NASDAQ:QQQ tops 0.56. NASDAQ:SMH price target 400$.
$CRWD: Relative outperformance compared to its peersCybersecurity is one of our favorite themes. This is known to all who have been following this blog space. We have been bullish on the tech sector AMEX:XLK and specifically in the sub sectors within the tech sector. Cybersecurity is one of them. Within Cybersecurity we have some stocks which have outperformed the rest of its peers. One such name is Crowdstrike. NASDAQ:CRWD after suffering a 50% correction last year outage which took its price to 200 $ has recovered the loss and has recovered all the losses and then some. The stock is up almost 140% from its lows.
An outperformer in an outperforming sector. In the chart we also look at the ratio between NASDAQ:CRWD to $HACK. The ATH for the ratio chart was 6. Currently we are @ 5.6 in the ratio chart. The price chart of NASDAQ:CRWD alone looks bullish. If we plot the Fib retracement level just before the 2024 downturn then the next level in the price chart is 520 $. My price target is 520 $ before we can target 700 $ in the medium term.
Verdict : Go Long NASDAQ:CRWD for medium to long term. 520 $ first then 700 $.
ALTCOIN ROADMAP: REVISITED!!! Ethereum vs NvidiaOne of the most insightful ratio charts that provides a remarkable glimpse into the vitality of Altcoins and the appetite for risk is when Ethereum outshines one of the fastest rising stars in the stock market, #NVDA!
The conventional Altcoin index indicates how many of the top 100 Altcoins are outperforming #BTC.
This is indeed a valuable metric that we can rely on for identifying peaks.
However, I believe that if we broaden our perspective and examine the ETH ratio against a Tech Titan, we can truly pinpoint the timing of the banana zone. When it starts and when it is confirmed violent uptrend.
My interest in this ratio was sparked when ETH was still a proof of work coin, validated through GPUs; it seemed like a natural starting point to assess whether the ETH price was overvalued or undervalued.
Even after the transition to POS, I still think it’s worth analysing, as shown by the recent double bottom on the ratio!
The next crucial question is when we can break the multi-year downtrend to genuinely confirm the Banana zone. Because without ETH, there’s no party.
If we enter a big strong banana zone, I believe the ratio could swiftly trend towards 100, so we will be keeping a close eye on it!
Gold Futures, using a GC1!/DXY ratio, gold vs dollarUsing a gold futures continuous contract and the DXY i simply plotted the ratio and picked picot points to create a parallel channel on the GC1! graph....to which I doubled up the channel, or channel stacking, to see what would occur.
Make sure to utilize the "L" Log function in the bottom right of that chart to see something that may not be there and how perspectives can change when you reorient your scale.
Not much on analysis, just point to consider. That Fib Retrace was also don taking the lowest pivot point of this run and the top, most recent high, on the GC1!/DXY chart and plotting that to the exact location on the gold futures chart.
So somewhere in the 3100 to 3000 window looks good.
Gold chart with corresponding DXY ratio chart with points highlighted in green:
gold chart with momentum without Log function:
gold chart with momentum on Log function:
$BTC.D to 66%, $TOTAL2 / BTC down to 0.43The final year of bitcoin halving year is usually a bullish year for the Altcoins. CRYPTOCAP:TOTAL2 is the measure of the Total Market Crypto Market CAP without $BTC. Today we are looking into a ratio chart of TOTAL2 vs BTC Market cap. The supposed strength in Altcoin is missing as is evident from the CRYPTOCAP:BTC.D chart and the ration chart between TOTAL2 vs BTC.
If we plot the Fib Retracement levels on the CRYPTOCAP:BTC.D from the last cycle lows to the highs, we see that in the current halving cycle the CRYPTOCAP:BTC.D is progressing towards 0.786 Fib retracement levels which is currently indicating a CRYPTOCAP:BTC.D of 66.2 %. The ratio of Toatal2 vs BTC Market cap fits surprisingly within the Fib levels and makes new lows every week in this weekly chart. The levels to watch on the ratio chart will be 0.43
What does this trend tell us. It might be possible that the Altcoins USD pairs are bullish, but the Altcoins are making new lows vs BTC. So, it's a better strategy to go long $BTC. The risk reward is very much in favour of CRYPTOCAP:BTC rather than Altcoins.
Verdict: Long CRYPTOCAP:BTC , CRYPTOCAP:BTC.D to 66%.
$TOTAL2 vs $USM2 RatioIn the crypto world many analysts watch the Money supply called M2 closely to determine the direction of the market. During the last crypto cycle, the CRYPTOCAP:TOTAL2 index (Crypto Market Cap without CRYPTOCAP:BTC ) hit an ATH when the M2 hit 21.75 Tn $. Since then, the M2 Money Supply has been trending down which resulted in a major bear market in the Alt Coin space.
If we look at the chart of CRYPTOCAP:TOTAL2 vs ECONOMICS:USM2 we see that the chart hit an ATH on Nov 21 with M2 peaking in March 22. The ratio chart hit a low on Jan 23 with M2 hitting the cycle low on Mar 23. Since then, the CRYPTOCAP:TOTAL2 vs ECONOMICS:USM2 has shown a steady recovery with an increased money supply. The current level of M2 is still below the peak of March 22. But with increasing M2 we can expect a bull run in the Alt coin market including $BTC. There have been recently some weaknesses in the chart on a short-term basis. Let’s see how the chart develops on a medium-to-long term. Until then watch out for this space. CRYPTOCAP:BTC CRYPTOCAP:TOTAL2 ECONOMICS:USM2
Russell 2000 $IWM Trending UP versus Nasdaq $QQQ Here is a ratio chart of the Russell 2000 Index etf called AMEX:IWM and the Nasdaq Composite Index etf called $QQQ.
The NASDAQ:QQQ returns over the past 7+ years have been extraordinary while the AMEX:IWM has been stagnant at best and hasn't beaten inflation.
That ratio of performance has just turned in a way that suggests the AMEX:IWM will outperform the NASDAQ:QQQ for the next 11 weeks to the tune of 10%.
The ratio has already moved up last week by 4% of the 10%, so there is only another 6% to go for this signal. If there are any pullbacks of 1%-2%, those would be lower risk entries as the distance to the "stop" level at 0.45 vs 0.4704 last would be less. The target is 0.51 vs 0.4704 last.
So follow this ratio for the next 10 weeks and see if even more relative outperformance happens.
Over the next few years, it is possible for AMEX:IWM to do 50% better than $QQQ.
We would need lower oil prices and lower interest rates and some rational pricing in the big tech names that are over $10 trillion dollars now for 3 companies: NASDAQ:NVDA , NASDAQ:MSFT and $AAPL.
Gold is surging while Crude Oil is laggingHere is a ratio chart of Gold OANDA:XAUUSD and Crude Oil $USOIL.
Historically you can see it goes to extremes. Especially in 2020 when crude oil went to zero (and negative). I cut that spike out of the chart so hopefully it shows here.
When the Global Financial Crisis in 2008-2009 hit, crude oil hit $140 and gold was low which set up the bottom of this chart on the lower-left. Crude was expensive and gold was cheap.
The opposite happened during Covid when crude plunged and gold stayed relatively calm.
These are generational trades that can make traders rich but they take too long for the average small investor to stay focused and take advantage of these setups.
With Gold now at the upper end of the range of this ratio, it is time to start looking elsewhere to protect your wealth.
Can this ratio continue higher? Yes, of course.
I point it out as a starting point for your trading. If you are just getting long gold up here now, you need to understand where the historical range is for this ratio and decide if you want energy to keep you warm and let you travel or do you want a store of money. It is always a trade-off between the two. You can't live with only one of these commodities.
Cheers.
Tim
12:33PM EST, October 22, 2024
$DWCPF/$SPX comparison for the TSP
l am comparing DJ:DWCPF with SP:SPX and looking at the ratio for how to know how much to allot to each sector. (Us TSP folk only have a couple funds we're allowed to invest in). DJ:DWCPF is the S Fund, and SP:SPX is the C Fund in the TSP, for reference.
I added a comparison of AMEX:IWM and SP:SPX also, just because they really seem to move together and I wanted to see how true that was.
Baby blue = SP:SPX
Purple = $DWCPF/ SP:SPX
Yellow = $IWM/ SP:SPX
Come to your own conclusions, but for myself I think I'll look to be more long small caps after a major recovery in the markets. Could be years until that happens, but that ratio chart just looks abysmal.
I'm 100% DJ:DWCPF , but I'll be looking to deversify soon unless we continue to see small caps outperform. We'll let the charts tell the story and react to what I see with the data provided
$DWCPF/$SPX comparison for the TSP folkThis is mainly for the TSP folk.
I am comparing DJ:DWCPF with SP:SPX and looking at the ratio for how to know how much to allot to each sector. (Us TSP folk only have a couple funds we're allowed to invest in)
I added a comparison of AMEX:IWM and SP:SPX also, just because they really seem to move together and I wanted to see how true that was.
Baby blue = SP:SPX
Purple = DJ:DWCPF \ SP:SPX
Yellow = AMEX:IWM \ SP:SPX
Come to your own conclusions, but for myself I think I'll look to be more long small caps after a major recovery in the markets. Could be years until that happens, but that ratio chart just looks abysmal.
I'm 100% DJ:DWCPF , but I'll be looking to deversify soon unless we continue to see small caps outperform. We'll let the charts tell the story and react to what I see with the data provided
The TradingView Digest - February 13thHello, readers! We're delighted to announce the relaunch of our Weekly Digest, now optimized for an improved reading experience.
Join us for a knowledge-enriched learning journey. Without delay, let's dive in! 🙂
In today’s edition, we’re highlighting the top posts from our community. This includes an informative post about Stan Weinstein's stage analysis, a video tutorial on market liquidity, a hot script on volume footprint, and all the latest headlines, earnings, and economic events. 🔥
⦿ Stan Weinstein’s method of Stage Analysis
Stage analysis is a powerful technique in trading that segments market trends into distinct phases, each offering unique opportunities and challenges. Developed by Stan Weinstein, this method helps traders understand and anticipate market movements.
By FXOpen
⦿ Understanding Liquidity
Liquidity is essentially composed of orders in the marketplace. Since trading operates as a zero-sum game, without liquidity, trading becomes impossible. To put it simply, if you want to buy, you need someone to sell to you, and vice versa.
By TradinG_Grace
⦿ Top Stories
SoftBank Swings to Surprise $6.4B Profit After Four Down Quarters, Arm Stake Nets $16B
Intel Chip Sales Halted by German Court
Bitcoin Halving Preparations Prompt Surge in Miner Outflows: Bitfinex Insights
Pharmacy Chains Are in a World of Hurt. Blame Shrinking Drug Reimbursements
Cloudflare's stock catapults 24% higher as earnings bring 'a lot to like'
⦿ Earnings
Earnings highlights from the previous week:
Alibaba's Q3 Earnings Fall, Approves $25B Buyback
Ford's Q4 Revenue Up 4%
Costco's Net Sales Rise in 2024
Adobe's Earnings to Rise 15.3%
⦿ How to Create a Solid Portfolio
Building a strong portfolio can be challenging for most investors. Knowing easy ways to start that journey can greatly improve your performance as an investor. In this post, we'll show you how to better pick stocks, using the NAS100 as an example.
By thesharkke
⦿ Bullion Ballet: Trading the Gold Platinum Ratio
Gold is a preferred precious metal driven by consumer jewelry demand, investment, and monetary policies. Platinum, also precious, is used for jewelry and somewhat as an investment. Unlike gold (6% industrial demand), platinum relies heavily on industry (73%).
By mintdotfinance
⦿ Script of the Week
Volume Footprint Voids
This script aims to plot single candle profiles and their own footprints. It uses lower timeframe calculations to plot different styles of single candle POC and can be used for scalping, finding precise entries and exits, and spotting potential trapped traders, etc.
By StratifyTrade
⦿ Our Weekly Thought
Always look first. Never rush into a trade or investment blindly.
We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below.
- TradingView Team ❤️
Gold heading for the Sh1t Hol3? 🐻🐻❄️are now in control As per the current market trends, it seems that the bears are still in control of the precious metals market. Despite our previous prediction of an upward trend, the bulls have not shown any significant signs of strength to hold the predicted support level. If this support level fails to hold, which is highly likely, it may result in heavy selling pressure, leading to a considerable decline in the market. It is crucial to keep a close eye on the market and take necessary measures to minimize any potential losses.
It's worth noting that there has been a significant increase in the number of sellers dumping silver, and this trend is often mirrored in the gold market as well. As a result, we are presently selling precious metals and have conducted an in-depth analysis of the G/S ratio to help inform our approach.
Silver
G/S Ratio