Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
═════════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ═════════════════════════════════ Hello Traders ✌ As we can see on the weekly chart, we are at the top of a strong uptrend. The...
This is a new ETF that caught my attention lately and I am awaiting a good opportunity to go long. Here are some information of this ETF One can make a very good killing of this ETF if they had bought during the March fall in 2020. It has since risen by 80%, beating the popular SPX 500 ETFs. Unfortunately, you can't select the specific stocks to be added into...
In looking at ways to play dollar weakness, instead of currencies, Emerging Markets are one way, here, the Frontier 100 Fund may have some upside. Not sure I'm ready to take a position yet, but noticed that last week, Gold, Mexican Peso, Japanese Yen and others started to reverse even as the dollar continued to strengthen. Perhaps the dollar party will soon be over.
The market peaked as half the market was simply removed from the index. Not to mention the distribution of 6.3% on the cap gains.