ADX: How to use this under-the-radar tool.Hey everyone! 👋👋
In this video, we're taking a look at the ADX Indicator. We break down how it works, how to interpret its output, common uses for it, and ways that it can help you find and screen for opportunities you like.
Feel free to drop some questions below in the comments!
Remember - nothing in this video constitutes advice, our only goal is to educate you about the markets and how to use our platform more broadly.
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The Entry - Sell Today, we will do a few case studies on how we can make a market entry, this technique can be applied both the long-term or the short-term trades.
Today’s content:
1. 25 Nov 21 - Entry signal to short (transiting into today’s bear)
2. 13 Oct 22 - Entry signal to go long (for this bear rebound)
3. Today – Entry signal – Sell
If you have been following, today’s is the 5th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
E-Mini Dow Jones Futures
Minimum fluctuation
1 point = $5
10 points = $50
100 points = $500
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
How Did You Handle The News.. EURUSD UpdateSo we just had CPI data come out with a 7.1% Showing... Market heavily affected with USD further weakening. For many this gave the way for EXITS on any former light longs and an idea of where we can look to short...
But the main point is this provides opportunity to Trade News Events the right way... By not guessing.
Use the market RE action. Not the market action.
Trade safe Trade small and watch on and learn..
Ethereum Analysis 03.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Trends could allow some further upward movementI'm really mixed going into today. I'm going to be a bit bullish, only because I think there is a lot of upward trend movement. However, we are maxed out on trends yet again here, so I am not sure we make it much higher, and I think this rally may be coming to a close, at least briefly.
The trends for today are;
Last Macro Trend Signal Spots
30m - 4060 Downtrend (12/01/2022) Higher Low
1Hr - 4005 Uptrend (11/30/2022) Higher High
2Hr - 4041 Uptrend (11/30/2022) Higher High
3Hr - 4082 Uptrend (11/30/2022) Higher High
4Hr - 4093 Uptrend (11/30/2022) Higher High
6Hr - 4091 Uptrend (11/30/2022) Higher High
12Hr - 4091 Uptrend (11/30/2022) Higher High
Daily - 3923 Uptrend (10/28/2022) Lower High
Weekly - 4366 Downtrend (2/14/2022) Higher Low
Overall, as I say in the video, I'd like to see us shoot up to that 4hr uptrending line, and I would short the market again, especially as it meets a downtrending line of all price action for the year. If we go lower from here, I'll have to decide where I want to enter at if things show significant weakness.
Economic Data - We have Unemployment here shortly and payroll numbers. Both should cause some market shock, so sit back and enjoy the ride.
My overall sentiment;
Shorter Term - Slightly Bullish
Short Term - Neutral
Medium Term - Bearish
Long Term - Bearish/Neutral
EUR/USD is approaching critical resistance - tighten stopsEUR/USD generally remains pretty bid, but it is approaching tough overhead resistance at 1.0636/39 - the 2020 low and the 55-week ma and we suspect that the market is going to struggle to clear this tough area of resistance, you might want to tighten stops on long positions.
Disclaimer:
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Is this rally a bear trap or a resuming bull? This is what we will be discussing today, and we are going to study both its technical and fundamental reasons and subsequently to derive why it is a bear trap? Or could it be a new bull in the making?
I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity.
I have started a trading series, purpose for trading into longevity. Last week was on Buy Strategy, today on Sell Strategy. These strategies shared, they all can be applied to most markets and in different time frames.
Content:
a) The sell strategy – applicable to both:
· Long-term – Fundamental & Technical
· Short-term – Fundamental & Technical
b) Bull or Bear?
Some important dates:
14 Dec 21 - Fed: "Inflation no longer transitory"
10 Nov 22 – Oct CPI @ 7.7%, below expectation of 8.2%
Micro E-mini Dow Jones Futures
Minimum fluctuation
1 index point = $0.50
10 = $5
100 = $50
Of course if you need something more sizable, there is the E-mini Dow Jones Futures.
You can refer to the links below, you will find some of my past video tutorials, on how I time the different markets.
As time passes, you will see how nicely most markets trend along our analysis then.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Our epic Black Friday event is hereGreat trading takes time, patience, and preparation. You must map out your journey, think for the long run, and go forward diligently.
As you progress, taking each step, you’ll come across opportunities that make your voyage a little easier. When these moments present themselves, do not hesitate to act on them.
This event is one of those moments.
Today, and for a limited time, we're giving all traders and investors an extraordinary Black Friday deal.
This year's Black Friday deal is inspired by black holes. Previous years were inspired by the moon, Mars, and other wonders of outer space.
How does a black hole get its name? The gravitational forces are so strong that they prevent light from escaping. In a similar way, we want to mimic that behavior by giving you the best Black Friday deal yet, so that not a moment of doubt escapes you as to why it's an opportunity you cannot miss:
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Our deal won’t last long and we can’t guarantee it will ever happen again. Act quick - "Do not go gentle into that good night."
In the meantime, please keep following us as we publish educational posts throughout the week. Each post is carefully designed to help you take full advantage of your new paid plan.
Also, feel free to check out some other tips we’ve created to get you started.
Look first, then leap.
TradingView
LTC: My Reasoning Behind Accumulating Litecoin NOWHi Everyone! I show in this video how Litecoin Saw a Sign of Weakness in Phase E well before any other MARJOR Top Market Cap coins. It looks like we have been in ACCUMULATION for quite a while with Litecoin. ALSO, The indicators in the Mid Term Group of time frames look more bullish compared to Bitcoin, Cardano and Ethereum; which are in just now going into Phase E Distribution with a Sign of Weakness - OR - about to go into Phase E Sign of Weakness (ETH).
LTCUSD has a LOT OF SUPPORT at $40 to $45 price range. If we do see a drop down in LTCUSD, it has a high probability of being a Wyckoff Spring (finding support between $40 and $45) RATHER THAN ANOTHER Sign of Weakness in Phase falling substantially below $40.
This is my reasoning behind Litecoin being one of my top coins for ACCUMULATING at this present time. Please consider beginning to take as many coins off exchange NOW... I have my reasons behind doing this NOW... Please consider not having more than 5 percent of your equity on an exchange; with a broker or even in your bank for a while. The world is about to get rather bad soon politically, geopolitically, financially, economically and socially.
Hope this was helpful...
If you don't mind, take a moment to SMASH the like (boost) icon.
Happy Trading and Stay Awesome!
David
GBP/USD levels just ahead of the Chancellors Autumn statement
Disclaimer
The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current Disclaimer:
opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Live stream - TA Session #147 - Wednesday Session on the Road in👉Scheduled Streams:
Monday - Friday 9:15 am EST (15 minutes before NYSE Open)
and we go for about 45 min to a 1hr+ depending on the
markets.
👉Stream Content:
Price Action based TA, Key Level gain/loss, Swing Failure,
and Liquidity Grab Patterns. Market
Live stream - TA Session #146 - Tuesday Market Open👉Scheduled Streams:
Monday - Friday 9:15 am EST (15 minutes before NYSE Open)
and we go for about 45 min to a 1hr+ depending on the
markets.
👉Stream Content:
Price Action based TA, Key Level gain/loss, Swing Failure,
and Liquidity Grab Patterns. Market
