Stairway to Heaven - R2F Model #1This is one of my models, named 'Stairway to Heaven'. Whilst I am an ICT trader, I developed this model myself. My models are considered POIs where I may look for a trade, but all my entries are based on using PD Array in a fractal nature, along with Time Theories.
Watch the vid, if you have any questions on it let me know.
- R2F
Indices
Why Shorting support & Longing resistance gets traders REKT!INDEX:BTCUSD INDEX:ETHUSD FXOPEN:XAUUSD FRED:SP500 NASDAQ:NDX
I see this time and time again - no matter if you are trading, cryptocurrency, commodities, indices or stocks, the principle remains the same:
Shorting at support and longing at resistance is GENERALLY not a good idea.
I show you examples in the video and explain why.
There is however a good time to short at support - i.e. When it has flipped into resistance after the retest, changing the market structure - and the inverse is true for longs.
If this video helped you, please consider leaving a thumbs up and a comment if you have any questions!
Learn, learn and then learn some more!
Not financial advice. DYOR. Papertrade before using real money
Price Channel Trading StrategyCharacteristics:
Channels are banded current trend-following indicators.
Similar to other indicators they lagging.
They have an upper and a lower line.
Upper and lower bands are at equal distance from a middle line.
The area between the upper and lower lines in the channel.
Signals:
The upper or lower line breakouts.
The upper and lower lines bounce backs.
Channels can be seen in trendy or sideways markets.
Different types of channels will be discussed in other videos like:
Donchain Channels
Keltner Channels
Fibonacci channels
.
.
Price Oscillator StrategyThe Price Oscillator uses two moving averages.
✔ One shorter-period, and one longer-period.
✔ When 2 MAs cross each other the PO reads 0.
The Price Oscillator technical indicator can show overbought and oversold areas.
Strategy:
Only go long in an uptrend.
Only go short in a downtrend
Uptrend strategy: Look for an oversold situation to open a buy position. Close when get to overbought then close some more when crossing back to the zero line.
Downtrend strategy: Look for an overbought situation to open a sell position. Close when get to oversold then close some more when crossing back to the zero line.
Are Markets Really Crashing? (An S&P500 Study) #SnP500Traders, If you have been following the news items on mainstream media or social media, people all over the world seem to be discussing recent fall in indices indicating another market crash and a possible recession. In this study lets look at S&P500 index from almost purely technical point of view.
Hit the like button and subscribe if you enjoyed this study.
Comment below and let me know what you think of this analysis and what is your opinion in this matter? Are you trading S&P500?
Have a great trading week!
The trouble in Chinatown!There's not much interest in the Chinese stock index here on Tradingview but the ChinaA50 is absolutely important for what happens around the globe.
The A50 is in big trouble and more trouble is yet to come in weeks to months. This is just bad news for the rest of the world really.
I'll say no more here - follow some of the price action with me on the 4H.
REVIEW: DJI (Wall Street), DAX and nuclear options. I've looked into the DJI and the DAX because they are connected. I also considered events affecting the Hong Kong index. In the text below, I consider China's 'nuclear option'.
Overall I'd say the probability is greater for the south on these indices (from this point in time). But caution - because there is a residual probability for the north and I can't know how far south the markets may go if the markets are with me.
These are very troubled times.
1. The markets are overbought because of QE4.0, lowering of interest rates and high hopes about a China 'Phase one' trade deal.
2. But there is trouble in the Hong Kong Stock market.
3. POTUS signed the Hong Kong Democracy Act which could cause the Chinese to retaliate in some way (nobody knows how).
The 15th of December 2019 is an important date on which $160 Billion of tariffs on imports to the USA, get lumped on China or they are withdrawn. If the tariffs are withdrawn, expect markets to head to the moon (stupidly). If the tariffs are applied, expect a correction of some sort.
Bond troubles
In other trouble China has begun the so called nuclear option of selling off US Treasuries. Note that Treasuries are bonds, which means that money is owed to China by America i.e. they represent a debt owed by the US.
Why would China sell off US Treasuries - which are debts owed to China? Perhaps because China expects the US Dollar to be worth less in times to come. It's like this - if I lend you money fixed in USD value, and then you decide to devalue your US dollar by various means, it means I'm getting back less value. For an exploration of Bonds go here .
China holds about $1.2 Trillion of US debt. A sell off of US Treasuries is said to destabilise financial markets. How - is a separate complex story. The point is that China's retaliation on the Hong Kong Act could be this 'nuclear option'.
The point of all this is that there are complex issues affecting the markets.
Disclaimer: Nothing shared here is investment advice or encouragement to trade in securities. If you lose your money, kindly sue yourself.
Trade what you see, not what you hear.In this video I look over a few indices and the VIX.
There is a problem i.e. the news is saying one thing, but the charts are showing something rather different. I look at some trendlines, channels and patterns. After many years in trading I'm no longer obsessed with the names of various patterns. The overall pattern is what interests me more.
The news is about short term reporting. Rarely do popular news reports analyse trends in a robust way. Today I looked at some overview video report on the indices, from a reputable brokerage site. Not surprisingly the commentator was going on about MACD, RSI, Stochastics and support lines. There were other things considered like non-farm payrolls and jobs reports in the US. But even when going over the charts, he missed the obvious channels and other features heading south. This is the danger of listening to these broadcasts. You are at the mercy of the reporter who only has a limited time to assess the markets. Additionally all reporters hold their individual unconscious biases and blind spots.
' Am I biased in this video? ', I'm asking myself. I probably am. But all I know is that I'm seeing certain patterns that everybody else can see. The patterns are relevant to obvious trends, as they present themselves at this time. Note I said 'at this time' because the picture can always change.
This post and video is predictive of nothing. I don't do predictions and likewise I set no targets. I simply follow trends and exploit patterns where I see them. When I enter a trade, the stop-loss truly means that I've lost that money. Although I don't gamble, by analogy when one goes to a casino and puts the chips on the table one knows that is the loss. So that's how I approach the loss in my stop-losses.
As 'the man' once said, " Trade what you see ". I'll also add, "Don't trade what you hear ." (namely the news, blogs and gurus aplenty).
The examples shown in the video is not a recommendation or encouragement to trade. Your losses are your own if you enter a trade based on any position shown.