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Tachnicalanalysis

long #hood#hood personally I don't like the company, but it is on a pullback the area of the primary trend, at that trend area is the vwap median, and a strong support level and a strong psychological level ($65), I would look to buy into the trend at 65-70$ and ride this up, invalidated if it falls and hold beneath 63$ on a 15 min candle. Price target is unknown, will ride the trend as long as it exists. Put your feelings aside in the market, there should be no bias, do what the market does and win. not financial advice, do your own charting/due diligence as we may not agree.
NASDAQ:HOODLong
by MarketMastered
GU Short BiasLast week was NFP, so we expect a long term trend to kick in. So as per the Strategy, we wait for the daily (Monday) candle to finish forming and on Tuesday open we set stop pending orders at 15 pips from high and low of Monday candle then we let market do it's thing, once triggered we exit position by Friday afternoon. As for NFP intraday Strategy, at 1530(GMT +2) when news are released, don't place any trades yet, do the following steps. 1. Switch to M5 TIMEFRAME 2. So once it's 1530 we wait for the candle to finish forming 3. At 1535(still on the M5(5 Minutes timeframe) you use the news candle( the one that just previously closed) then u place stop pending orders at the high and low of the news candle at 15pips/150 points distance. 4. Once either of the order gets triggered you delete the one which didn't trigger 5. Exit position before the day ends.
Short
by BROWN_SWISS_KAPITAL_FX
1
👍🏻 Advantages & Disadvantages of technical analysis 👎🏻➕Advantages of technical analysis: ⭐ Logic and relative ease of use All information is available, you only need to familiarize yourself, remember (or keep it handy in digital / printed form) and look at application examples. ⭐It can be used for different markets. (Forex market, stocks market, crypto market etc.) ⭐Majority of users who prefer technical analysis. ⭐There is no need to use all instruments. You can choose what seems understandable and use it. For example, someone prefers only the graphic part of the technical analysis of the market, while others only work with indicators. There is no clearly better component here, the only thing that can be said is that, when combining methods, technical analysis of financial markets shows better efficiency. ⭐Many technical analysis algorithms have been around for decades. This means that once a well-designed trading system will work for a long time, if you wish, you can modify it or even translate it into a program form, that is, create an adviser. ➖ Disadvantages of technical analysis: 🤜🏻The relevance and reliability of the information is very important for technical analysis. 🤜🏻The geopolitical situation and any sudden market events are not taken into account. 🤜🏻If suddenly something falls apart, there is no a single indicator that can tell us about it. On the chart we can see a sudden powerful movement in the market. 🤜🏻You need a certain mindset. There is almost everything in numerical and graphic form. It's not suitable for everyone.
BITSTAMP:BTCUSDEducation
by RocketBomb
12
⭐Technical Analysis (TA)⭐ 👋🏻Guys, we recently finished considering the basic trading methods. 👇🏻 I suggest starting a new section. 💪🏻One of the most important for the trader. ✌🏻Fundamentals of Technical Analysis (TA). ✌🏻I am sure that it would be very important for beginners, and for other traders too. Let's start from the beginning.✈ 💫 Let’s Go 💫 The essence of technical analysis is, that people, from a psychological point of view, behave the same way in the markets and in ordinary life. At the same time, models of people's behavior are drawn on the markets, which are repeated constantly. The task of technical analysis is to assess the future state of the market from an analysis of its past state. 🗝🗝🗝Key Points🗝🗝🗝 Technical analysis (TA) is a study of market dynamics, most often through charts, in order to predict the future direction of price movements. In this technical theory, as in any theory. There are basic postulates. 1️⃣ Axiom - Prices include everything Any factor affecting the price (for example, the market price of a product) - economic, political, psychological - is taken into account in advance and reflected in its chart. 2️⃣ Axiom - Price Movement Subjected to Trends This assumption became the basis for the creation of all methods of technical analysis. The main task of technical analysis is to determine the direction of price movement for use in trade. 3️⃣ Axiom - History Repeats Analysts suggest, that if certain types of analysis worked in the past, then they will work in the future, as this work is based on sustainable human psychology. Technical analysis also allows you to understand the general state of the market at the moment. Technical analysis as a whole can be defined as a method of forecasting prices based on mathematical, rather than economic calculations. Technical analyst reveals market sentiment, setting himself a set of the following goals: ⭐1. Assessment of the current direction of price dynamics, that is, the identification of a trend. The following options are possible here: ✔ up movement ✔ down movement ✔ flat (accumulation / distribution) ⭐2. Assessment of the term and period of validity of this area. May be: ✔ short-term trend ✔ long-term trend ⭐3. Estimation of the amplitude of price fluctuations in the current direction: ✔slight change in course ✔ strong change in course 🙃🙃🙃If this introductory post interested you, put me like and subscribe.❤ 🥰😍🥰A lot of interesting things awaits us further. Soon you’ll know about: 🔖Graphic methods 🔖Analytical methods 🔖Cycle theory 🔖Wave analysis 🔖Resistance / support levels 🔖Channel - element of technical analysis 🔖 Fibonacci levels ⚡Stay with me⚡ Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
8