Bitcoin Analysis Weekly Outlook and Breakout SetupIn this video, I analyze Bitcoin's intermediate bullish weekly close and the next steps we're looking for. I discuss the importance of price taking out sell-side liquidity and trading into the weekly Fair Value Gap (FVG), setting us up for potential long opportunities.
The goal is to see Bitcoin break out of the current consolidation phase and continue its upward momentum. Tune in to get the key levels and insights for the next move!
Beyond Technical Analysis
RAPID REQUEST: AUD | GBP | RICHFISH404The Japanese yen paused its rally at 142 per dollar after dovish comments by incoming Prime Minister Shigeru Ishiba.
Ishiba supports accommodative policies and fiscal expansion, despite being seen as less dovish than his rival.
The yen had surged nearly 2% after Ishiba's election victory in the ruling Liberal Democratic Party.
Japanese retail sales outperformed expectations in August, while industrial production was weaker than anticipated.
Market uncertainty remains over whether the Bank of Japan will raise interest rates in October or December this year.
AUD : A rising 10Y Australian bond yield suggests higher interest rates in the future, which can strengthen the AUD as foreign investors seek higher returns.
GBP : If UK 10Y bond yields rise, it signals expectations of higher future interest rates, potentially boosting the GBP due to increased demand from foreign investors seeking UK assets.
The TradingView Show: Interest Rates and AI with TradeStationJoin us for our newest episode with David Russell , Head of Market Strategy at TradeStation . We’ll dive into the current market landscape, covering all of the following topics for traders:
1. Market Trends: We’ll provide detailed insights into major stocks and bullish market trends, focusing on META, NVDA, and the evolving landscape of Chinese stocks. Discover how hedge fund managers are navigating these markets and uncover other significant movements you might be missing.
2. Index Review and Interest Rates: Our analysis will dive into macro trends affecting the SPX and NDX, exploring the importance of major indexes. We’ll discuss how rising interest rates are influencing market behavior and the broader economic implications for investors.
3. Commodities: Get the latest updates on oil, especially in light of recent production cuts that are impacting prices globally. We’ll also discuss gold and silver prices, examining why gold has achieved an all-time high while silver remains undervalued and what that means for future trends.
4. Cryptocurrency: Take a closer look at Bitcoin’s recent performance. We’ll explore whether it is on the verge of forming a significant new trend and what factors are driving its volatility in today’s market.
5. Housing Market: Analyze current trends in the housing market and what lies ahead, especially as they relate to rising interest rates, advancements in AI, and productivity improvements. This segment will provide essential insights for anyone interested in real estate investments.
And much more! We encourage you to ask questions and share your feedback in the comments. Now, some important links for you to explore and read:
Explore TradeStation ideas on TradingView here: www.tradingview.com
For important disclosure information regarding options, ETFs, and more, please visit:
1. www.tradestation.com
2. www.theocc.com
3. www.tradestation.com
Thanks for watching and we'll be back live next month!
WHATS FLOWING: SOL | ETH | UNI | CRV (SWING) | AVA (LC) | AUDJPYIn today’s episode of What’s Flowing, we dive into exciting market movements across the crypto space and FX pairs.
Bullish Sentiment:
Solana (SOL):
Solana has been riding strong momentum with increased investor confidence in its ecosystem. We’ll discuss key levels and why the bulls seem to be firmly in control.
Ethereum (ETH):
Ethereum is also showing strong upward movement as developers continue to expand its use cases in decentralized finance (DeFi). We explore the technical indicators pointing to further gains.
Uniswap (UNI):
Uniswap is gaining traction as the leading decentralized exchange, driven by an uptick in DeFi activity and increased trading volume. We look at how this token is benefiting from the broader bullish market sentiment.
AUD/JPY:
In the forex market, AUDJPY is showing bullish potential with positive risk sentiment supporting the Australian dollar. We’ll examine what’s driving this currency pair higher.
Bearish Focus:
Curve DAO Token (CRV):
Curve DAO Token is facing some headwinds in the DeFi sector. We’ll discuss why CRV is showing signs of weakness and how traders can capitalize on the bearish momentum.
AVAXUSD Liquidity Cascade:
Lastly, we highlight the high probability of a liquidity cascade in AVAXUSD, which could present a significant shorting opportunity. We’ll break down the risk factors and why this token might see further downside.
Tune in for actionable insights and strategies to help you navigate these dynamic markets.
Whether you’re riding the bullish wave or preparing for potential downside, today’s episode covers it all!
SELL EURAUD - trade explained (confluence = confidence)Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today!
www.tradingview.com
Watchlist week ending 10/4/2024Lets get into it! I got a hand full of stocks to keep your eyes on for the week ending 10/4/24. The airlines like #AAL continue to show us that our TA was spot on. Get yourself a warm cup of coffee and soak up this knowledge as we breakdown #SPY #DIS #QQQ #google #intc #MSFT and many more hot #stocks!
R2F Weekly Analysis - 30th September 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
- R2F
Tesla Full Analysis Weekly to 30 minute Must Watch Good afternoon everyone
In this video I give you in full detail a full analysis of Tesla where it is going and why and the tools I use to see everything in between.
If you have any questions or comments I am an open book and want to make the best videos I can for everyone.
MB Trader
Happy Hunting
NVDA Full Analysis covering all angles on Where NVDA will go Good afternoon Traders
In this video its less of an explainer video and more me putting my tools onto NVDA from the Weekly to the 4 hour to show the levels on where NVDA for the coming week and why.
If you have any questions. comments or want me to make any videos in particular more than happy to
happy hunting for those trades
MB Trader
NVDA: 4 hour-30 Min HOW Deep Will We Correct ? Happy Weekend Traders
I made a quick video for you in the relation NVDA
I can see the following scenarios playing out so keep your eyes peeled on these levels:
1) From 120.56 we hold and go up
2) We go down to the 61.8 percent retracement @ 118.45 hold here and go up
3) We go down to 112.88 where we can sky rocket back up from here or start breaking further South
If you have any questions, comments let me know. I will be doing a few training videos on the different tools I use to see the market with if your interested let me know
MB Trader
Happy Hunting
BTC Important Weekly Close - Breakout to 80k upcoming week?In this video, I analyze the current Bitcoin market structure with a focus on the bullish trend forming on the weekly chart. I discuss the importance of the upcoming weekly close and explain why it plays a critical role in determining Bitcoin's future direction.
You'll get insights into the key levels to watch and how this close could impact the overall market trend. Enjoy the analysis!
BTCUSDFull Top-Down Analysis of my fav pair; BTCUSD. Tap Into this Good Gracious! Buy to Sell is still in full effect!
_SnipeGoat_
_TheeCandleReadingGURU_
#Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #ScalperTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTrader
A Video Explaining how to use the Greer Invest StrategyGreer Invest Strategy Overview:
The Greer Invest strategy is designed to assist investors in making long-term investment decisions through a structured approach to buying and managing investments over time.
Key Features:
Invest: Indicator to pinpoint optimal entry points for investments.
Investment Management: Includes an additional feature for strategic selling, allowing investors to rebalance their portfolio or generate cash for other purposes without full liquidation.
Precision and Alerts: Offers precise buy signals within BuyZones and customizable alerts for proactive investment management.
Purpose:
This tool aims to simplify the decision-making process for when to enter or adjust positions in stocks, ETFs, cryptocurrencies, or other assets, focusing on long-term wealth accumulation rather than short-term speculation.
Usage:
Backtesting: Investors can use TradingView's strategy tester to evaluate the performance of this strategy over historical data.
Alerts: Set up notifications to be alerted on potential buy or sell opportunities across your watchlist.
Backtesting Results:
The Greer Invest Strategy was backtested against the top 50 companies in the U.S. by market capitalization. Here are the key results from this comprehensive test:
Total number of trades: 470 trades were executed.
Total invested over time: $470,000, with each trade amounting to $1,000.
Total Net Profit: The strategy yielded a profit of $162,344.59.
Total Net Profit %: Overall, the strategy achieved a 35% return on the total investment.
% Trade wins: A notable 82.33% of all trades ended profitably.
% Trade loss: 17.67% of trades resulted in losses.
Average Max Draw Down per $1000: The strategy experienced an average maximum drawdown of $550.74 per $1,000 invested, indicating potential risk levels.
Average Trade Profit per $1000: Each trade, on average, profited $497.93 per $1,000.
Average # bars in trade: Trades were held for an average of 396 bars, reflecting a medium-term to long-term trade duration.
Detailed Results for Selected Companies:
Apple (AAPL): Profit of $6,752 (67.53% return) from 10 trades.
Microsoft (MSFT): Profit of $3,294.13 (32.94% return) from 8 trades.
NVIDIA (NVDA): Profit of $7,743.43 (77.43% return) from 5 trades.
Alphabet (GOOG): Profit of $338.22 (3.38% return) from 2 trades.
Amazon (AMZN): Profit of $3,580.17 (35.80% return) from 6 trades.
Meta Platforms (META): Profit of $731.04 (7.31% return) from 2 trades.
Berkshire Hathaway (BRK.B): Profit of $1,902.01 (19.02% return) from 4 trades.
Broadcom (AVGO): Profit of $1,089.64 (10.89% return) from 2 trades.
Eli Lilly (LLY): Profit of $1,408.76 (14.09% return) from 12 trades.
Tesla (TSLA): Profit of $10,263.41 (102.63% return) from 2 trades.
Key Observations:
High Win Rate: An impressive 82.33% of trades were winners, suggesting the strategy was effective in picking winning trades.
Profitability: The strategy was profitable across various companies, with some like TSLA, NVDA, and AAPL showing particularly high returns.
Drawdown: The average maximum drawdown of $550.74 per $1,000 could be a concern for risk management, indicating significant fluctuations in equity.
Trade Duration: With an average of 396 bars in trade, the strategy seems to hold positions for a considerable duration, suggesting a medium to long-term approach.
This analysis indicates that the strategy performs well across a diversified set of top U.S. companies by market cap, with some standout performers. However, the drawdown and long trade duration might require careful risk management and could impact liquidity or opportunity cost considerations.
Credit:
Credit to Tushar Chande who invented the Aroon indicator.
Credit to Carl Friedrich Gauss who invented the Gaussian process.
Credit to Donovan Wall who created the script that has the math for the Gaussian Channel.
Disclaimer:
The Greer Invest strategy is for educational and informational use only. It does not constitute financial or investment advice. Users should perform their due diligence and consider consulting a financial advisor. There's no guarantee of profit or protection against loss. The creator of this script is not liable for any outcomes from its use.
COIN - Can Coinbase follow BTC? $265 on the tableGreetings friends!
Hope you're having a fantastic day. I want to give COIN a little love. We've been talking about important moving averages with BTC which are the 50/100/200 Day Simple Moving Averages (SMA). BTC was able to get above them, but COIN has not (yet?). BTC was also able to take out the prior significant bearish pivot (for COIN, that would be on 8/23).
If we can do all that work, meaning market movers get us above all these moving averages (circled), we can see a move up to $265 which I think would be the next short term target for COIN - likely sometime in October or November. There's a LOT of work that needs to be done, though. There's a lot of risk here on COIN, but a decent reward if BTC can do some moves over the weekend when liquidity is lower.
There's downside risk, but you can easily manage your risk at around $162. If you decide you want to use options, I'd get some time and don't try and get too far OTM. You can find yourself up a creek without a paddle if you're gambling with something that I'm saying will take time to happen. Equity is best and there's other ETF instruments that you can utilize before you go down the options route. Even there, I'd suggest call debit spreads vs naked calls as the premium will probably be pricey.
Not any kind of trading advice, but just things to think about before you decide you want to take a trade on COIN. Also - Remember one more thing - COIN is up 29% from the Sep 6 lows. That's quite a bit - so don't go chasing waterfalls. Always wait for pullbacks if there's significant upside that has already been realized.
ProfessionalBuying using TradeToWin VSA and SMI - Wyckoff MethodIn this short video I explain one of the most important Wyckoff VSA set ups to go long.
Ultra High volume "Wyckoff Spring" followed by a change in market behaviour with testing shown in multiple time frames. This example is the E-Mini S&P futures starting with the hourly chart. The markets move on laws, which include Supply and Demand, No Supply and No Demand, Cause and Effect and Effort vs Result. These charts explain it perfectly. Any questions please send me a message on TradingView or You Tube.
MARKET CALL: EURJPY (FROM LAST, 'WHATS FLOWING' EPISODE) OANDA:EURJPY
In my approach, I prioritize probabilities informed by market flow.
Flow refers to the constant push and pull between bullish and bearish orders entering the market.
When one side begins to dominate, it offers insight into what might be unfolding. For example, observing whether the market is moving higher, lower, or sideways in tandem with bullish or bearish order flow provides valuable clues—or sometimes, reveals something entirely new.
After five years of monitoring order flow, I’ve learned that having a few well-grounded ideas about what’s happening can be extremely useful.
Confluence is the practice of layering multiple insights to explore potential outcomes.
Area's of control are more important to gauging probabilities than asset value. Identifying where, and preparing for when is how I form ideas.
When control is unclear, the market becomes a playground for the uninformed. It’s best to avoid such situations to ensure more efficient trades.
EUR/GBP: Will the 8-Year-Old Support Zone Push EUR/GBP Up Again?EUR/GBP Price Analysis: Will the 8-Year-Old Support Zone Push EUR/GBP Up Again?
The EUR/GBP pair is currently testing a long-standing support zone that has been in place for eight years. Historically, this area has acted as a strong foundation, prompting several upward movements in the past.
Given this historical context, there is a high probability that we might witness another rise in the EUR/GBP pair soon. But what factors could drive this potential increase?
You may watch the video for further details!
Thank you:)
Trade Reviews and approaching opportunitiesYou'll start to see a theme here with my trading - Identifying HTF algorithms and waiting for price to prove them. Yes, i've been leaning to the short side as that's what the charts have been showing me but same rules apply for long trades just backward.
Will continue to share analysis like this going forward but I cannot stress enough how important it is to prepare for your trades - plan out what you will do if a certain thing happens - that's what keeps us from being straight gamblers in the market. Preparation.
Hope this was helpful and as always,
Happy Trading :)
Micron Technology - The perfect chart!NASDAQ:MU is one of these stocks, which just respects every level, cycle and structure.
If I would give each chart an individual rating, the chart of Micron Technology would be 10 out of 10. Micron Technology is actually respecting every structure level and providing textbook trading opportunities. If we get a retest of the previous all time high, which is now turned support and perfectly lining up with the support of the rising channel, I will certainly look for longs.
Levels to watch: $90
Keep your long term vision,
Philip - BasicTrading