Hello, I am going to look at my history that is on trading view for the past 4 months, and estimate what is possible and what is not (last third of the post is mainly just me brainstorming and rambling), and I am making this public, some people might be curious and get the inspiration to do the same. Risk Reward is usually 1.5 Bitcoin not entered yet, ALL OF MY...
- Indices - Price for the S&P 500 got to ath, dropped then rallied a bit. No way to tell if we keep going up or down from there looking at the chart, in the past both outcomes have happened. BUT Trump said that Friday China Tariffs will go from 10% to 25%. Is the market going to dump when we open tomorrow? Or this can be bullish? "We rallied all year on trade...
- Indices - The SnP got to ath & dropped the same day. I think the fake fomo shilling conspiracy is working less and less. Why are these people trying so hard to convince people to buy? Literal pyramid scheme. Just waiting for it to drop further, maybe. Other indices are following, DAX & CAC40 are still way more bullish so not dropping much. - Majors -...
Can you imagine a Tesla bull say "evil big money they knew" when all this information was available to the public? I would not be surprised actually. I don't get how clowns like this get involved. Nyways this is the story: Elon & Kimbal start in 1995 with a dot com company named Zip2, with money raised from a small group of angel investors. They took advantage...
- Prologue - I think it would be optimal for me to check markets twice a week. So maybe Monday and Thursday? And the rest of the time just work on new strategies, improving, troll posting, whatever. And not forgetting to check my tagged charts once or twice a day. Apart from learning and designing a system, trading regularly comes in 3 parts: 1- What I am doing...
This is terrible, it is so bad... No one can say they did not have a fair amount of warning. People have been presenting solid evidence for years now. All these people waiting in starting blocks, afraid to miss out. The problem is not not being fast enough and missing out while you were not looking, it is opening your eyes and not being delusional. Every time,...
Can you guess (or do you know), what the NUMBER 1 quality that will decide if you are successful at both trading and investing is? Is it smart? Yes I would say in my mind, but no not exactly, especially if you call smart a bookworm that overanalyses everything and tries to find the "right answer". This is not it. Is it being a rock, and holding on when the weak...
Can you tell from the chart what the main 3 supports are? :) A- Horizontal lines. The price has a tendency to react to these lines... Every one knows about horizontal lines of support and resistance. These horizontal supports and resistances have to be drawn on swings high/low. Wicks or closes can be used... Here are a few examples: B- Diagonal lines...
I have been looking at stocks a little bit on the side, once in a while, for a long time. Now I think I have to really get into it, the way I do things (the RIGHT way is the name I think), I just look for good opportunities, I don't focus on just a few and try to force money out of the market (lol). And with currencies, well... This: Whereas stocks are...
Aww didn't expect this to last 12 min. Guess I'll sleep now or soon. Will do stocks tomorrow, I want to look at these "smaller" charts as well as bigger stocks for swing trade opportunities once a month.
0:00 Indices 3:12 Currencies 7:47 Gold, Oil 9:00 Crypto
Indices S&P 500 and Dow Jones are both in the same situation and might retrace soon, by end of month, just posted an idea about this The DAX CAC40 and the Footsie are going up up up (and not at ath), I would want them to pullback and bottom while US indices either top or drop, and I would then buy. Would like to be short US indices and long europe ones in the...
Trading is a way to make money but unless you start with 3 million it will take a while to get anywhere, and to be able to live off that alone. If you are doing this right, you will miss out on rallies often, as might happen with Bitcoin here, there isn't that many really good opportunities in my eyes. Successful people get like 2 trades a week, and even active...
I got filled at 126.7 yesterday, but shorting at 126.65 is almost the same, reward to risk still pretty good. I see reasons to retrace, but no reason no to. Everything feels so slow... This might take a while. Spreads are ok for such a target with this pair. Nothing has changed, currencies are rotting and gettign more and more boring, literally 0 reason...
TFW you go out to clear your mind and not think about all this, and come back home with a head full of ideas. Stop loss is a little more than 1 week ATR & we aiming for at least that, so this should last a few weeks. Minimum 10 days normally. We are not going up on trade deal hope anymore and there has been bad news about expectations of weaker...
2 days of high volume with a spike in price, then volume drops, and price stops. 3rd time this happens. Probably the price slowly, very slowly, drops too. I think something like this could be what happens next: Things were slow in 2014-2015 too in these situations, but now it's 2-3 times worse. Zooming in we can see this: People got scammed again. I posted...
I do not really know stocks, there might be opportunities there, but aren't they all correlated anyway? All the rest thought, nearly everything is crazy lame. What is this? Why? Too large influx of retail traders 50/50 coinflip prevents markets from trending? There are not even good ranges to trade. What if all these awful retail market participants are making...
I see 4 types of bottoms. Most retail try to buy at the bottom and lose, this might indicate that it is a fool's game and best avoided, but if it is used intelligently, within the correct bias, or going with the higher timeframe trend, or just to put it generally, inside of a smart positive expectancy strategy, THEN it can be a powerful tool. I still think this is...