Today, I observed the IBM chart, and I noticed this huge descending channel on the daily chart since 2013, and I saw that the price was breaking it. So, I decided to go to a higher timeframe to look for similar scenarios in the past, and yes!!!!!, having data since 1985 allowed us to see how this type of situation evolved in the past. Here are my conclusions ...
Price action and market structure. Understand. Anticipate. Earn. As advocates of technical analysis of price, we recognize that price and its traces on a chart are everything. Nothing else is needed. Only one thing is important for us, we do not need to get away from everything and understand the price action and the structure of the market. Price is a trace....
A short insight into the tools I use to check whether I am investing into a good company fundamentally. Here we look at EBITDA, Free Cash Flow, Price-Earning Ratio & Total Debt. Please Like / Comment / Share this video with anyone that you think may find it useful.
Hi, Trendlines: if you do not have any rules to draw the trendline (TL) then this is the most subjective technical analysis criterion of all. Without any rules, you can draw it basically as you want to see it. It is a perfect criterion to talk yourself into the trade or to talk to stay in the bad trade, always there is a new "support" coming. If you do not have...
Today, we will explain the most important concepts behind triangle patterns. The first thing you have to know is that triangle patterns are composed of 5 waves which we can define using letters "a,b,c,d,e" This concept was created by Ralph Nelson Elliott, one of the fathers of modern technical analysis and mainly known because of the "Elliott Wave...
📚 Books are always the best way to acquire knowledge even in the presence of latest technologies/e-books/videos. There are 1000s of books in the market. So I have picked the best ones according to me! 📚 I have sub divided the books to acquire knowledge in any specific field 💲 Finance and Motivation - For knowing more about money and it's...
It's a super clear diagram on what key ingredients you need to find the 'sweet spot' = profitability. The thing is, most people are desperately hunting for the holy-grail, you know - that 100% winning strategy... the silver bullet. It doesn't exist - I'm sorry. 😢 So even a profitable strategy that's awesome can blow your account if the other 'factors' are...
In this article you will learn... - what a strike price is, - the different intervals for strike prices, - how to pick the right strike price, … and much more. Let’s get started. 1.) The basics: What is the strike price? Strike Price Definition: The strike price of an option is the price at which the option buyer has the right to buy or sell an...
Absolutely, the answer is yes, but we can't apply a simple and fixed model to all stock markets. Each stock market is an independent viberation with its own cycle and development laws. Therefore, the cycle and law of the stock market will be introduced before presenting the text of this book. Since the 1900's, economists in western countries have engaged in the...
First of all, what is a breakout trader? It's a type of style in which we look for a clear consolidation period, and we aim to trade after the pattern is broken. Check the main chart on TSLA to get the concept. The main idea of this comes from the Elliott Wave principle, in which consolidations tend to be the beginning of a new motive wave or impulsive wave. Why...
So alot of terms being throw around about a Market Crash. Some people saying the market needs a correction, and others saying we have entered a bear market. They are not the same so what do each one of these look like? A Stock Market Crash This is usually caused by some economic damning event. Anything that would scare an investor into thinking our...
Hi, Does it sound familiar to you? Everyday life? :) Stay healthy, Vaido
In this article, we’ll talk about how much money you need to trade for a living. I’ll share with you my three-step approach and give you an example from my trading account. “How much money do you need to trade for a living?” is one of the most frequently asked questions I get. “Can I start with $5,000 dollars, do I need $25,000 dollars, or maybe even more?” ...
On my $500,000 margin account thus far, I’ve realized more than $65,000. Now, I put $250,000 in cash into this, and since it is a margin account I got $500,000 in buying power. Today I want to show you my three-step process of how exactly I find these trades, and I want to show you two very specific examples of trades that I took today (At the time of this...
Good morning guys, I am going to explain here how to evaluate timing for any asset (crypto, stock, index), it can be extrapolated to any of them. Based on Technical analysis, Relative Analysis and Market timing: Technical Analysis: If you 're looking to buy an asset you can have a look at the chart itself, which will provide you a very good idea of the...
So let’s talk about trading courses. Are these trading courses really worth it? As you know, there’s definitely no shortage of them out there. With all these free videos out there, do you really need to buy a trading course, and if so, what is the best trading course? What Is The “Best” Trading Course? Let’s actually start with the elephant in the room....
If you're a analyst that has been using M2, I'm here to let you know the data has been discontinued. However, FRED is still updating the data under a new ticker "M2SL" and "WM2NS". Hopefully tradingview updates M2 with the "WM2NS" data from FRED as that one updates weekly now. Thanks for interacting with the post as it'll be more likely for tradingview to see this...
In this video I use simple easy to learn processes to mark out support and resistance levels. And importantly analyse if buyer or sellers are currently in control of the market. If you have found this useful then please like the post, follow my page and share with any friends you think will find it useful.