How to Adjust your Fibonacci LevelsHey Traders here is a quick video on how Fibonacci can help you in your trading. Also how you can know when to adjust the levels as the market moves higher or lower. Enjoy! Trade Well, CliffordEditors' picksEducation09:26by TradeTheIndex3332
AMP Futures - Bracket orders with TradingView MobileIn this idea we will demonstrate how to create bracket orders with Tradingview mobile.Editors' picksEducation10:39by AMP_Futures1110
Managing Portfolio Drawdowns EffectivelyDrawdowns, or peak-to-trough declines in portfolio value, are inevitable in investing and portfolio trading. However, managing these drawdowns effectively can significantly enhance long-term returns and reduce stress for investors and traders alike. 1️⃣ Implementing Stop-Loss Strategies Stop-loss orders are one of the most straightforward and effective ways to manage drawdowns on long term investment portfolios. These orders automatically sell a security/asset when its price falls to a predetermined level, thus limiting potential losses. Example: If you hold a long position in EUR/USD at 1.2000 and set a stop-loss order at 1.1950, your maximum loss is limited to 50 pips. By consistently applying stop-loss orders, you can prevent small losses from escalating into significant drawdowns. 2️⃣ Utilizing Trailing Stops Trailing stops are a dynamic form of stop-loss orders that adjust as the price moves in your favor. This allows you to lock in profits while still providing downside protection. Example: If you set a trailing stop 100 pips below the current market price for a long position in gold futures, the stop price will move up as the market price increases. If gold rises from $2,300 to $2,350, the trailing stop will adjust from $2,200 to $2,250, thus protecting your gains. 3️⃣ Damage Control Hedging Hedging involves taking offsetting positions in different assets (or sometimes on the asset itself) to mitigate risks. For mixed portfolios, this can include using instruments across forex, commodity, or indices to hedge against adverse price movements on any given position. Example: If you have a substantial long position in crude oil and expect short-term volatility, you can buy put options on crude oil futures or take a position in an inversely correlated asset. This hedge will protect you from downside risk while allowing you to benefit from potential upside movements. 4️⃣ Risk Parity Allocation Risk parity aims to allocate capital based on the risk contribution of each asset, rather than traditional capital allocation. This approach ensures that each asset contributes equally to the portfolio's overall risk, thereby reducing the impact of any single asset's drawdown. Example: In a portfolio containing forex, commodities, and indices, you would adjust the position sizes so that the volatility of each position contributes equally to the portfolio's total risk. This might mean reducing exposure to more volatile assets like commodities and increasing exposure to less volatile indices. 5️⃣ Diversification Across Uncorrelated Assets Diversification is a fundamental risk management strategy that involves spreading investments and trades across different assets to reduce the overall risk. Including uncorrelated assets in your portfolio can significantly reduce drawdowns. A portfolio diversified with forex pairs, commodities like gold and crude oil, and equity indices can weather market turbulence better than a concentrated portfolio. 6️⃣ Volatility Targeting Volatility targeting involves adjusting portfolio allocation to maintain a consistent level of volatility. This strategy helps in managing drawdowns by scaling exposure up or down based on market volatility. Example: If market volatility increases, you reduce your positions in forex, commodities, and indices to keep overall portfolio volatility at a target level, such as 10%. Conversely, if volatility decreases, you can increase your exposure. This approach helps in avoiding significant drawdowns during volatile periods. 7️⃣ Regular Portfolio Rebalancing Regular rebalancing involves adjusting the weights of assets in a portfolio to maintain a desired allocation. This ensures that no single asset class disproportionately affects the portfolio’s performance, reducing unwanted overexposure. You can do the same within asset classes themselves, by looking at currency exposures individually within the FX portion of your portfolio. Example: If your target allocation is 40% forex, 30% commodities, and 30% indices, and forex performs exceptionally well, growing to 50% of the portfolio, rebalancing would involve selling some forex positions and buying more commodities and indices to restore the original allocation. This practice not only locks in profits but also reduces the risk of drawdowns from overexposure to a single asset class. Effective drawdown management is crucial for maintaining a resilient and profitable investment portfolio. By implementing techniques such as stop-loss strategies, trailing stops, hedging and washing, risk parity allocation, diversification, volatility targeting, and regular rebalancing, you can significantly mitigate risks and enhance long-term returns. Educationby AlexSoro112
ES levels and targets July 23Yesterday, buyers broke the 3 day streak of red. I gave 3 targets: 5604 (hit, we spent yesterday here), 5616-17 (just hit exact), 5630. As of now: Keep riding the runners if you have them. 5611, 5602 are supports. Keeps 5630-33, reaction there, then 5646+ in play. 5602 fails (weak now), we dip 5585 again by ESMorg331
History does repeat itself History does repeat itself . Afternoon trade setup for ES and SPX. 5510 pivot for afternoon trade... Stay Frosty!03:46by Beyond_Charts110
Short Sell Analysis of SPX Based on Technical AnalysisThe S&P 500 (SPX) is presenting a short-selling opportunity based on technical resistances on chart.Shortby realtrademasterUpdated 11
S&P Fear/Risk Off Mode: Catch The Next Moves!You can see Safe haven inflows coming about as a Risk Off environment ensues. Recent recession fears and speech is causing slight panic and some selling across global equities. Could this be the start of a larger move?04:31by WillSebastianUpdated 3
Buyers momentum failedBuyers momentum to the upside failed in the S&P 500 as sellers returned to the market. The structure implies continued movement to the downside.01:33by DanGramza4
50-50The expectation for volatility on Monday will depend on what happens with the fallout from the update bug that created tremendous uncertainty globally. If things settle down with this technology issue, look for an inside tab day. If it continues to be a problem, look for volatility to the downside and a weaker close.01:50by DanGramza2
Trend Master ProCompletion of the weekly cycle. The weekly cycle in trading refers to the recurring patterns and behaviors observed in the financial markets over the course of a week. These patterns are often influenced by the release of economic data, market sentiment, institutional trading activities, and geopolitical events. Understanding the weekly cycle can help traders anticipate market movements and identify optimal times for entering or exiting trades.Long02:46by VisionStriker1
Bounce and head to 6000 by early SeptemberHello Traders.. Wow what a quicky nasty selloff.. That's ok it was needed to propel us to the magic 6000 number. You can see were on strong trendline support from November and a nice 50% retrace level was completed. So I believe the selloff is done... And we head back up now and see us peaking early September near 6000.Longby TheUniverse6181
ES may still have some volatiliesThis week we have OPEX (Option Expiration) and some earnings of big caps like AAPL and META. I am expecting some volatilities may continue for the whole week. ES bounced back to yesterday high after European session closed. The big question, why did ES stope at the High US early session and high of Friday ? I am expecting kind of cooling off movement, drop back to Value area of yesterday. That high becomes a poor high , and will be noted for any potential break out, but may not be today. by ruby_kinetix2
ES levels and targets July 26thYesterday, sellers failed 5450, and put in a failed breakdown (my core edge) triggering a 90 point squeeze. Overnight, we got the same trigger again. Now Basing. As of now: 5474, 5457-60 are supports. As long as above, we push 5498, 5511, 5519+. If 5457 fails, see 5438 again.by ESMorg2
Seasonality and Elliottwave pattern show correction for SP500We saw SP500 breaking to new ATH this month, but then market sharply reversed which is not a surprise as index formed an ending diagonal at the top of the recent rise. These type of the patterns are very powerful, and can cause a strong "unexpected" erased of some of the previous gains. Well, we can see an impulsive reversal on smaller time frame, so be aware of more weakness and deeper correction this summer. Sesonality chart also shows that there can be period of consolidation before market resumes even higher, possibly in September when FED may cut, or during US ellections. Gregaby ew-forecast2
SPY/QQQ Plan Your Trade - 7-22 - Pressure System ImprovementsThis is a short video showing you the progress I'm making on the MENT Pressure System for daytraders. When I started this project, I was looking for a way to help daytraders understand trending, pullbacks, targets, and moderate price rotation. I knew some of the techniques I use could help, but I wanted to create a visual solution to allow traders to SEE the opportunities, trends, and other setups. So, I decided to try to create my own solution. After about 4+ days of coding and playing with PineScript (only putting about 1~2 hours a day into the project) - this is the current project and how it works. The one thing I'm very pleased with is the Fibonacci Price Theory module. It does almost everything I wanted it to do right now. Currently, I'm working on better identification of triggers, targets, pullback "Air" and other features. I just wanted to show it off a bit and to highlight the new Adaptive MA system - which I think will help identify the missing components. I welcome your feedback. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold08:36by BradMatheny2
ES Levels & Targets for July 22ndPlan for Monday: supports are 5542-44 (major), 5535, 5528 (major), 5519, 5511, 5498-5500 (major), 5491 (major), 5484, 5474 (major), 5467, 5457 (major) It should go without saying, as I have emphasized since Wednesday: Bears are still in control until we see a significant reclaim of key breakdown points from last week. Hopefully, last week served as a valuable lesson in trading downtrends, as these skills have likely dulled over recent months. When bears are in control, all long positions will struggle, regardless of their apparent strength, and follow-through will be weak. Attempting to catch sustained bottoms is as useless as trying to pick sustained tops during an uptrend. While there are opportunities for gains on the long side, they won't last or lead to a squeeze until ES recovers some major resistance levels. For Monday, these will be 5568, and 5604 (the big one now). In terms of supports, 5542-44 is first down, and we already tested it and defended once Friday, making it weaker for Monday. I won’t be buying this again personally. If we flush it and reclaim though, it may present an option to add since this lvl hasnt trapped shorts yet. Below there, we sell again to 5528. I’d be interested in trying a small size long here. Could it fail? Of course, but that is just the cost of business when trying to long in downtrends. If that goes, I am not interested in longing again until 5498-5500, and a failed breakdown of the July second low at 5502 would be quite attractive. Resistances are 5552, 5560, 5568-66 (major), 5575, 5581-85 (major), 5588, 5598, 5604 (major), 5611, 5617 (major), 5621, 5632-34 (major). If buyers reclaim 5568-66 on Monday, we will probably squeeze. 5604 may have another dip left in it if we get there (though this is already very well tested), and the 5630-32 area also is likely to produce a dip on the backtest. Buyers case: sellers control for now obviously and there is no “buyers case” until they do something to tell me otherwise. There are many overhead resistances that must reclaim now to build back a legitimate buyers case (5568, 5604, then 5630), with 5568 being first up. There may be a long available above this. But you will have to read the action in real time. As always, one does not want to rush into it especially if we dip substantially first (like crash to 5528 early on Monday). You want to see some acceptance first, then perhaps 5569 would represent a long. If buyers are very motivated, this would send us back to 5604, dip there, then run back to 5630 which is a huge resistance. Level to level profit takes though as always. Do not bank on any long working for more than a level. Sellers case: The bear case is the default case. For Monday, this resumes on the failure of 5542. Check my July 19th plan on these type of trade setups. 5542 has been tested once already, so shorting below is slightly derisked now, but ideally I’d want to see one more test/failed breakdown, then 5540 would trigger us down. Will have to read the volume in real time. 5528 fail is also a possible attractive short, but I’d definitely need a bounce here first/failed breakdown, then short a little below. Generally, after three days of "short the pop," sellers still have control. This trend will inevitably conclude like every dip does, with a violent short squeeze. For that to happen though, buyers need to reclaim some major resistance levels. My outlook for Monday is that if buyers can defend 5542 (and if we do dip, it should be a quick flush to 5528 then recover), we can attempt another relief pop to 5585, 5604+. If 5528 fails, we are likely heading sub 5500.by ESMorg2
S&P Futures Market Simple Trading Plans - Reacting To FEDHere's a detailed video on how to make use of market sentiment early on. If you are looking for value investor longs, you'd need sentiment to feed in further and drop the price of the SPX. For shorts, you'd need continued sentiment to support a downside case. More would need to follow post Fed Member Goolsbee regarding jobs/inflation.06:30by WillSebastianUpdated 226
Es Levels & Targets July 22ndExcellent follow through this morning in ES. Last week, we saw 3 days of “short the pop”. This took us down to 5542 support. We held it to the tick, and rallied 40+ points from there to 5568, and 5585 target now As of now: 5568 is support. As long as above, 5598, 5604, 5630 next. Dip if 5568 fails again. Check full trading plan I posted yesterday. Should've already got you paid. by ESMorg2
ES - Massive Sell-Off With The Possibility Of A Continuation?As you guys know, when i am in situations like this, i aim for low hanging fruits as when you are betting against the overall trend, it's easy to get your ass handed to you ! 5538 i the next draw on liquidity but the overall draw would be a liquidity pool located @ the volume imbalance @ 5500 Short08:57by LegendSinceUpdated 2
ES Potential Trend BreakSo NQ has broken broken below its uptrend from April, but there's a long way until open tomorrow. If we see NQ continue lower into open, along with ES breaking its uptrend I think we'll see a lot more downside soon. ES is still maintaining its uptrend for now., first target is ~5400. Shortby AdvancedPlays1
ES levels and target July 25After buyers backtested 5630 major area on Tuesday, sellers have printed our biggest red day since 2022; getting us all the way to 5474 target. Today, buyers get a tiny window for relief pop As of now: 5450 (held so far) is support. Barber staying above it will keep a pop to 5474, 5490, 5511+ in play. 5450 fails, we sell to 5438 by ESMorgUpdated 2
It's time to feel the sellOnly count that obeys fib rules from the top. Looking for a major drop over the remainder of the trading week. Shortby OneClap20191
ES levels & targets July 24thThis week, plan has been simple: last week was selling, this week major resistances needed to reclaim. I was looking for a rally from buyers to 5630-33 area. Yesterday we rallied to 5629.75 high of day, sold 80 points from there. As of now: 5547-51 is support. Buyers must reclaim 5570 now to see any attempt at a relief pop (targeting 5578, 5586, 5600). 5547 fails, next leg to starts to 5536 by ESMorgUpdated 2