Futures contracts are derivatives with expiration dates like options. The stock indices expire quarterly on the last month of each quarter. In this tutorial, I show how to roll forward or rollover and easily add the new front month contract to a watchlist.
The TradingView Order Panel doesn't currently have a template setting to save the order parameters. Here's a work around thanks to a comment from @thatjeph Appreciate it!
1) Using the Long/Short Drawing Function and drop it on a chart.
2) Adjust the levels to reflect the trade entry, take profit, and stop level. (Note: The default quantity is a...
Not good news.
Daily flows are shrinking, and we haven't even really started into the full cuts in unemployment benefits (after Labor Day), although some states, due to calendar issues, are already ending them.
The 10-day average of daily flows dropped to $24 bln. This is the lowest level since mid-July when they bottomed out because the Child Tax Credit...
Let's look at some key levels to identify before each trading session, especially when trading around the clock markets like futures.
Before the cash session bell, what are the prices for the following levels?
Prior Session High/Low
Developing Value Area High/Low
And then, at 8:30a ET, is price above or below the prior session high or low? ...
what price does at a consolidation gives you a good idea of what it's going to do in the future.
If price is at a high volume node, that means buyers and sellers think it's fairly priced.
In this case price is moving lower out of the consolidation region. This tells us, at least for the time being, that buyers are stepping away.
The throw over continues to imbue the Bulls who see Big Green Bars
And why not?
It works consistently, the FED has your back.
Until it decides "Extremely Elevated Equities" need a solid trim.
Our indications of a throw over last week have played out perfectly.
After Distribution, Market Makers are permitted to extract their exit
and pound of flesh,...
market strength across the board. almost no selling for the first 15 minutes. there was one chance to buy a pullback, but that was it. Now as I'm typing the lower time frames are making a triangle type shape. Could be a good oppurtunity to get long OR short. In this case I'm calling for a continuation higher, but shapes are the way to go. very reliable.
Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - Chart only, I don't use indicators, MA, signals and trend line etc. Your comments are highly welcome. We need a relax and happy trading with happy ending on each trade. My chaos drawing is not to predict and guess the further, it is my plan where...
This is purely a technical idea. I prefer to Scalp much smaller moves and this could fail before it reaches its target, in real time you would want to manage the trade and trail your stop into profit, but you can't do that with an idea, please keep in mind I would realize much better results than this idea, in the event it starts to fails.
on average the past year's dips have recovered in around 15 days and were between 3-5% drawdown. most of the dips strated around the 1.618 fib of the previous correction, one of the earlier ones has dipped lower than the 1.618 level but than was able to later breach, S/R flip the level and continue higher up.
a larger drop would correlate in this fractal with...
I get these wrong fairly often, but eventually I will be able to use elliot waves reliably if I keep considering what they are telling me.
At the moment it's telling me that price should want to continue higher.