Hello traders, in this post, we will be going over one of the most commonly used tools in all asset classes - the "Fibonacci Retracement" (or Fib for short). For a better viewing experience, please view this on your desktop/PC, as the mobile and tablet versions of the charts are harder to read.
Although I have briefly touched on how to use the Fibonacci...
Traders upvoted Reddit’s IPO but can the buzzing social media platform earn its stripes as a public company now?
Table of Contents:
⦿ Reddit Surges in Public Market Kickoff
⦿ If Wall Street Bought, Should You?
⦿ Reddit Stacked Up Against Rivals
⦿ Ad Posts Looking Like User Posts?
⦿ Bottom Line
📍 Reddit Surges in Public Market Kickoff
Reddit (ticker: RDDT )...
We have a jam packed show this week! Settle in for all your market updates and expert commentary from the Trade Off veterans, Westy and Blake. They're talking FOMC, BoJ/BoE (and how to play the JPY/Nikkei), Gold, Crude, S&P and much more.
Join Strategist David Song to cover the key event risk that could influence financial markets in the week ahead. Discuss major fundamental themes along with current market developments.
Dive into this video for a hands-on masterclass on TradingView's chart settings, created just for you! From the general themes to the smallest details, you'll learn how to fully customize your charts to match your unique trading style and preferences.
Discover how to access and adjust every aspect of your charts, making sure they look, present data, and...
This one is a bit of a hack but follows on from my video on how to set STOP LOSSES on TradingView for Connected Brokers.
To set a TRAILLING STOP LOSS you need to open your broker account, set the trade there and it will then be reflected on the TradingView interface.
Basically a set and forget type approach.
This commodity has been trending since 2020, and recently made a new high just after a moderate pullback.
It is going up in a straight line, currently hovering around resistance/support, the MA100 started pointing up and the price made a bullish pattern.
The target for such a pattern is approximately the size of the pole which brings us to about 210.
With...
Liquidity in the market is a key factor in price movement especially in the cryptocurrency market. Understanding how and where liquidity appears is fundamental to being able to determine the future price movement of an asset.
Liquidity:
I would like to start by showing what liquidity is and how it can be detected.
In our case, liquidity is the accumulation of...
Hello everyone! Welcome back to the TradingView Weekly Digest. We’re thrilled to bring you even more reasons to stay connected with the TradingView account. As part of our commitment to constantly evolve and improve our offerings for you, our dedicated users, this edition includes a special “What’s New “ section. In it, we explore the latest enhancements and...
Introduction
In the realm of options trading, the choice of strategy significantly impacts the trader's ability to navigate market uncertainties. Among the plethora of strategies, the Strangle holds a unique position, offering flexibility in unclear market conditions without the upfront costs associated with more conventional approaches like the Straddle. This...
Hello everyone, and welcome, subscribers.
Please share your personal opinions in the comments. Booster and subscription requests are appreciated.
Last week, the February inflation indicators for the United States were released, showing a higher level than expected. It indicated that contrary to market expectations, inflationary pressures are not abating. There's...
Support and resistance levels, the bedrock of technical analysis, are fundamental elements. They serve as critical points that delineate potential price movements and are pivotal in decision-making processes for traders and investors alike
The basis:
There are several fundamental concepts in trading that remain the same over a long period of time. Among them,...
Bitcoin, a phenomenon that emerged at the onset of the 2008 financial crisis, has changed the way we think about money. To celebrate the token’s $73,000 milestone, we trace its origin story and look ahead into the future. To infinity… and beyond?
Table of Contents
A Financial Product Too Big to Ignore
Born in 2008 as the World’s First Cryptocurrency
The Very...
This is a long analysis I made both for myself and to share it with you,
I have to say that, I don't usually trade Gold.
And I won't be able to comment on the current state of world and news.
So this analysis will be focusing only on the charts,
please consider the market data and news before taking any position.
I summarized everything at the end of the post...
...
In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action.
On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines).
In short, it takes between 17 - 24 bars...
I am going to reveal a powerful fibonacci trading strategy that I learned many years ago. It combines structure analysis, fibonacci retracement and extension levels and candlestick analysis.
Step 1
Find a trending market - the market that is trading in a bullish or in a bearish trend on a daily time frame.
AUDUSD is trading in a bullish trend on a...
