In this video made for Best of Us Investors I talk about my most fundamental trading component; trading and investing off Support and Resistance Levels. I also talk about how I combine this with my other fundamental component of 50% Retracement Levels. We look at live examples of NYSE:ZIM and NYSE:KO and look back in history for case studies of NASDAQ:AAPL...
Video I made for Best of Us Investors teaching about the 50% Retracement Levels technique. As always, using Tradingview to publish great chart examples!
I have updated my Retracements Level script to alert traders to long term Support and Resistance levels based on 50% Fibonacci levels. I think that this is a simple and highly valuable tool that every trader should have in their toolbox to identify key levels that price may respect.
In this video I go over the many uses:
-Long term levels for Entering and...
I had a great question on my social media about my last video idea where I talked about simplifying Ichimoku to 50% retracement levels. A long term study of NASDAQ:AAPL over the last decade shows how powerful waiting for these retracements can be to finding great investment opportunities. In this video I talk about properly structuring a trade around the 50%...
I've been a student and trader of Ichimoku for over 8 years. It has been the foundation of my trading strategies which have evolved over time. A few years ago I wanted to simplify my charts so I distilled down the essence of the indicator to 50% retracement levels. In this video I show examples of using either Ichimoku or it's fundamental premise of retracement...
Backtesting my 50% retracement system for Apple stock is a perfect example of how it works.
Drawing my bespoke fib levels from the previous low to the new high gives me my entry point, stop and initial target.
ENTRY 50%
STOP 25%
TP1 100%
Closing (selling) 50% of the initial position at TP1 allows the remaining 50% of the position to be risk free.
There are two...
I know nothing of this company. But either way, looks like a nice example of buying something beaten up down 99% after it starts rallying.
When it goes down usually it goes down pretty fast (crypto won't be an exception btw), important not to overstay your welcome.
I do not use this strategy at all. Adding an example, learning a bit more every few month or so......
