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Compound Interest - A Trader's Secret WeaponIn this video I give you a perspective that traders often neglect - Compound Interest. Compounding is probably the most important part in terms of becoming a trader that survives in the long run. Social media is filled with traders nowadays, and some of them are pretty good at trading. However, shortsightedness gets to them as they forget about the one thing that ensures longevity in this game. It is way easier dig yourself into drawdown than it is increase your wealth, it is just math. The technique that greatly rewards the disciplined and patient trader is COMPOUNDING. As Albert Einstein said according to some sources although not verified is that "Compound interest is the 8th wonder of the world". - R2F
Education
by Road_2_Funded
SAREGAMA INDIA LTD have Broken its Long Retrestment LevelCompany is almost debt free. Company has delivered good profit growth of 29.6% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 36.0% Company’s Operating Revenue for Q4 FY24 stood at Rs 2,631 Mn growing at 29% both on YoY as well as QoQ basis, with a strong adjusted EBITDA of Rs.864 Mn registering a YoY growth of 40%. Company delivered a PBT of Rs 760 Mn with a 31% YOY growth. Company’s Revenue from operations for FY24 stood at Rs 8,030 Mn with a strong adjusted EBITDA of Rs. 3,029 Mn with a margin of 38%. Company delivered a PBT of Rs 2,708 Mn with a 34% Margin and PAT of Rs 1,976 Mn for FY24 Key Operational Highlights: ➢ The company’s strong performance is led by growth in music licensing on account of strong advertisement revenues driven by its investment in new music and the revenues generated through the artist management vertical ➢ This quarter saw music release of A.R.Rahman and Diljit Dosanjh’s Chamkila, Ajay Devgn’s Maidaan, Ram Charan and Kiara Advani’s Game Changer, Yami Gautam’s “Article 370”, Mohanlal’s Malaikottai Valliban, Diljit Dosanjh single Love Ya, multiple songs by Bhojpuri star Neelkamal, Pawan Singh and Gujrati’s No.1 singer Rakesh Barot. ➢ During the Quarter, Company released 290 plus Originals and Premium Recreations across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and Bengali languages. Company also released 2,000 plus derivatives (LoFi, Trap Mix, Cover, Acoustic etc.) which is driving the popularity and growth of its catalogue. ➢ The other highlight of the quarter was the use of our songs for Shahid Kapoor and Kriti Sanon starrer 'Teri Baaton Mein Aisa Ulhja Jiya' (Hindi), for Mahesh Babu’s 'Guntur Karam’(Telugu), for Dulquer Salmaan’s'King of Kotha’ (Malayalam) etc. and by brands like HUL Lux, Meesho, Junglee Rummy, Andrex etc. in their ad films. ➢ Riding on the success of its Tamil Serial “Ilakkiya”, Company started its Malayalam remake “Mangalyam Thanthunanena” on Surya Tv. We released “Crushed Season 4” series from Dice of Pocket Aces on Amazon mini-TV. ➢ In Q4FY24 Yoodlee released Mohanlal starrer “Malaikottai Vaaliban” , Tovino Thomas starrer “Anweshippin” in Malayalam and Gippy Grewal “Warning 2” in Punjabi. ➢ Digital footprint across Saregama owned and controlled channels touched 239Mn followers and subscribers across YouTube, Instagram and Facebook.
NSE:SAREGAMALong
by iism-ExpertTrading
Pacific Industries Ltd Looking Good After Long CorrectionLooking Good For Long-Term Holding . Good Fundamentals and Business Model Stock is trading at 0.34 times its book value CMP @ 215.30 AND BOOK VALUE @ 629 Quarterly Results Out as..... Item YOY Mar 2024 Sales ⇡ 47% 59.6 EBIDT ⇡ 309% 5.34 Net profit ⇡ 186% 4.72 EPS ⇡ 187% ₹ 6.85 Positive factors • Sustained Improvement in scale of operations marked by total operating income (TOI) above Rs.350 crore along with PBILDT margin above 13% on sustained basis. • Improvement in working capital cycle below 100 days. Key strengths Experienced and qualified management with strong group presence Mr. Jagdish Prasad Agarwal, Chairman and Managing Director of PIL, has more than three decades of experience and looks after overall affairs of the company. He is assisted by Mr. Kapil Agarwal, Executive Director, who has around 13 years of experience in the industry. Further, the promoters are supported with the experienced second-tier management. The company belongs to Udaipur based Geetanjali Group and group concerns include Ojaswi Marbles and Granites Private Limited, Geetanjali Marble, Krishna Marble, Pacific Exports, Pacific Leasing and Research Limited, Yash Processors Private Limited, Pacific Iron manufacturing Limited, Chaitanya international Mineral LLP and Geetanjali University. As per the clarification submitted by PIL to stock exchange on February 21, 2023, Income Tax department has conducted inquiry under section 132 and 133 of Income Tax Act, 1961 from February 16, 2023, to February 21, 2023. As conveyed by PIL’s management to CARE Ratings, there have been no material findings from the inquiry conducted so far. As per disclosure made to stock exchange, PIL will update stock exchange on material information of event, if any. CARE Ratings shall however continue to monitor the developments of the case and its impact, if any on the credit profile of PIL. Established track record of operations and diversified product portfolio PIL was incorporated in the year 1989 and has a track record of more than three decades in the industry having established relationship with its customers and suppliers. The company majorly exports its products to USA, Europe, Indonesia, Vietnam as well as Middle East countries. Over the years, PIL has received various awards and certification, such as “Star Export House” certification from the Ministry of Commerce and Industry, certificate of life member of All India Granite and Stone Association. It also has membership of Centre for Development of Stones and Confederation of Export Unit. Further, the company offers diversified products which includes variety of North Indian and South Indian granites in different styles, color, size and pattern etc. Further, it has flexibility to manufacture different varieties of quartz slabs by blending resins with quartz and other key materials to get slabs with desired colour, hardness and durability. Location advantage with ease of availability of raw material and labour PIL’s processing facility of granites is situated in Rajasthan and Karnataka which has the largest reserve of marbles & granites in India with estimated reserves of 2075.64 crore cubic metres accounting of more than 91% of the total marble reserves of the country. There are many units located in the cities of Rajasthan, Karnataka and Andhra Pradesh which are engaged in the business of mining and processing of marbles and granites. Further, skilled labour is also easily available by virtue of it being situated in the marble & granite belt of India. Moderate profitability albeit moderation in scale of operations PIL’s Total operating income (TOI) declined by 35% y-o-y to Rs. 184.11 crores as against Rs.285.40 crore in FY22. The decline was on account of decrease in quartz sales due to levying of anti-dumping duty in July 2022 by U.S. Department of Commerce and no sales from trading of iron ore in FY23. The anti-dumping duty was subsequently reversed in January 2023. In 9MFY24, PIL achieved sales of Rs. 134.93 crores. PBILDT margin of PIL moderated by 322 bps to 7.55% in FY23 as against 10.46% in FY22 on account of higher raw material cost as well as lower absorption of overhead costs. However, in 9MFY24, PBILDT margin improved to 13.94% on the back of lower manufacturing expenses. Comfortable capital structure albeit moderate debt coverage indicators The capital structure of PIL improved with overall gearing of 0.43x as on FY23 end (1.25x in FY22). Improvement in overall gearing was on account of successful completion of rights issue of Rs.47.53 crore in February 2023 which resulted in augmentation of networth base as well as reduction in o/s debt with repayment of USL from directors/ subsidiaries and repayment of working capital borrowings. The debt coverage indicators however continued to remain moderate in FY23 due to lower profitability with PBILDT interest coverage of 1.72x (4.50x in FY22) and total debt/ GCA of 5.53x (6.20x in FY22)
BSE:PACIFICILong
by iism-ExpertTrading
1
BALAXI Pharmaceutical LTD is Showing Good Strength Can be Held Company has a good return on equity (ROE) track record: 3 Years ROE 47.3%. Debtor days have improved from 71.3 to 56.7 days. Financial Performance Commentary 6 Revenue Higher contribution from the pharmaceuticals business led to y-o-y growth of 20% in revenues for FY23 compared to FY22. The share of LATAM markets increased to 40% of pharmaceutical revenues, highlighting our ability to quickly expand geographical presence. Key contributions to growth came from recently launched operations in markets like Honduras and El Salvador that are showing stronger demand for our products apart from substantial growth in Guatemala and Dominican Republic. Our pharma business in Angola continues to generate strong cash flows that are being re-invested for expanding into new markets EBITDA During the year, operating EBITDA stood at Rs. 59.17 crore, a growth of 7.2% y-o-y. This was on account of increasing contribution from LATAM markets and expansion into newer geographies. EBITDA margin has declined by over 200 bps to 17.6% in FY23 - however, going forward with contribution from the newly entered market rising, there should be a steady rise in our margins Profit After Tax and EPS During the year, Profit After Tax stood at Rs. 45.96 crore. Earnings per Share (EPS) for the year was recorded at Rs. 45.81 compared to Rs. 47.66 in the previous year.
NSE:BALAXILong
by iism-ExpertTrading
4
#SWSOLAR Closed Above its All Time High Long-Term Opportunity KEY HIGHLIGHTS FOR FY24 Unexecuted order value at INR 8,084 crore as of Mar 2024 compared to INR 4,913 crore as of Mar 2023 Company has received new orders / LOI in two projects worth -INR 488 crore during the quarter including being declared L1 for a second floating solar module project in the country Company received its second international order in Q4 from Enfinity for a BOS project in Italy amounting to EUR 20 mn We have received total orders/LOI in 13 projects worth INR 6,023 crore in FY24 compared to new order inflow of INR 4,387 crore in FY23 P&L of the company has begun to revive in FY24 Consol revenues up -51% YoY Achieved positive consolidated EBITDA in FY24 Domestic EPC gross margins continue to operate within our target range Achieved PBT/PAT profitability in 4QFY24 Rationalization of overheads continue to progress with FY24 overheads at -INR 333 crores compared to -INR 382 crores in FY23 The company has significantly de-leveraged the balance sheet in FY24 Total net debt of -INR 116 crore, compared to net debt of-INR 1.966 crore in FY23 No upcoming debt repayments till 3QFY25
NSE:SWSOLARLong
by iism-ExpertTrading
#KIRLPNU just Broken All Time High With Good Fundamentals Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 20.4% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 31.6% Business Highlights Order Board as on 1st April 2024 of Rs. 1,475 Cr., 28% more than last year. FY 24 Operating Revenue @ Rs. 1,323 Cr. 24% Y-O-Y growth in PBT Setting up of forging facility at Nashik as a part of vertical integration. Launched new products — Tezcatlipoca - a Centrifugal compressor Atmos Aria - a off shelf screw compressor Jarilo-A Bio - gas Compressor
NSE:KIRLPNULong
by iism-ExpertTrading
#SOLARA Looking Good for Long-Term Holding around 1 YearStrengths: Established market position in key APIs, along with strong customer and supplier relationships: Solara has a strong portfolio of APIs in key therapeutic segments, with expertise in anthelmintic, anti-malaria, anti-infective and non-steroidal anti- inflammatory. Furthermore, it has been increasing its focus on the non-steroidal anti-inflammatory segment by adding capacity and working on other therapeutic segments. Solara has a diversified customer base, with more exposure to regulated markets. Its longstanding presence in the industry has helped Solara build healthy relationships with customers and suppliers. Moderate financial risk profile: Solara's financial risk profile is moderate marked by comfortable capital structure, albeit constrained by expected weakening of debt protection metrics. Gearing remained healthy at less than 1 time as on March 31, 2023, while networth was robust at Rs 1083.01 crore. However, networth and gearing are expected to deteriorate to Rs 835.98 crore and 1.09 times, respectively, as on March 31, 2024 led by net loss owing to the fire incident. Debt protection metrics, likely to be negative in fiscal 2024, are expected to improve in fiscals 2025 and 2026. Improvement in financial risk profile would remain a key monitorable. Weaknesses: Exposure to risks relating to strict regulations: Most of the products manufactured by Solara face increased inspections and regulatory actions by authorities, such as the US Food and Drug Administration (US FDA). Additionally, production of a few products involves waste discharge, which needs to be treated in effluent treatment plants (ETPs). Thus, Solara needs to invest continuously to upgrade ETPs and bring efficiency in the process to reduce waste discharge. Large working capital requirements: Working capital requirements are sizeable as reflected in significant receivables and inventory of around 142 days and 156 days, respectively, as on March 31, 2023 and is estimated to be over 120 days each for fiscal 2024. CRISIL Ratings expects working capital requirements to gradually improve over the medium term with an increase in revenue contribution from the new plant. Correction in working capital requirements that shall aid liquidity shall be a key monitorable. Volatility in operating profitability: Operating profitability fluctuated between 23.78% and 9.3% in the last 3-5 fiscal and in the current fiscal the company is making further losses due to the fire accident. Going forward, the ability of the company to demonstrate sustained improvement in operating margins will be a key sensitivity factor.
NSE:SOLARALong
by iism-ExpertTrading
#HAL just Broken and Closed Above its Previous All Time High Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 23.9% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 26.7% Company has been maintaining a healthy dividend payout of 29.6% Company's working capital requirements have reduced from 98.4 days to 38.2 days Strong order book providing healthy revenue visibility HAL's order book remained healthy at ₹84,814 crore as on December 31, 2023 majorly contributed by manufacturing of various models of helicopters and aircraft of around 56,569 crore to be executed over the next five to six years. Major orders in the manufacturing segment pertains to supply of 83 Light Combat Aircraft-Mk1A version (LCA), 70 HTT-40, 6 LCA 10C/FOC, 4 Dornier apart from various aerospace structures for PSLV and GSLV. The ROH order book remained healthy at 28,277 crore and is expected to remain robust in the near to medium term as HAL undertakes the repair and maintenance work of aircraft manufactured by it for its entire life as well as for aircraft manufactured by others for which it has built infrastructure across the country. Furthermore, there remains visibility of future orders with strong order pipeline wherein orders for procurement of new platforms viz. Advanced Light Helicopter (ALH), Light Utility Helicopter (LUH), Additional Su-30, AL31 FP Engines and RD-33 Engines and mid-life upgrade of D0-228 Aircraft aggregating to 55,000 crore are in the advance stage of conclusion and are anticipated to be received within next three to siz months. In addition, orders for procurement of additional 97 Nos of LCA, 156 Nos of Light Combat Helicopter (LCH), 60 Nos Utility Helicopter-Maritime (UHM) including Performance Based Logistics (PBL) Contract, among others aggregating to 158,000 crore have been approved by the Defence Acquisition Council and the orders against the same are anticipated within next 18-24 months. Given the significantly long tenure of its contracts, HAL enters into variable price contracts with its customers, Indian Airforce, Indian Army and Indian Navy, wherein the future escalation is built into the prices excluding forex fluctuation on procurement. The forex fluctuations are paid on an actual basis by the customers. This protects its margins from forex and raw material price escalation to a large extent. However, profitability may get impacted due to time or cost overrun in case there is execution delays at HAL's end. Strong financial risk profile marked by healthy profitability and cash accruals and continued improvement in its collection period HAL continues to have a sizeable scale of operations and the TOI grew y-o-y by 8% to 26,397 crore in FY23 majorly on the back of increase in revenue from repairs and maintenance services. The PBILDT margin stood healthy at 25.68% in FY23. Income tax refund of 1193 crore and ₹973 crore further supported profitability in FY22 and FY23 respectively. The company earned gross cash accruals (GCA) of ₹7,000 crore in FY23 as against 5,634 crore in FY22. Its debt coverage indicators remain strong due to low reliance on external borrowings. The revenue contribution from manufacturing activities declined in FY22 and FY23 y-o-y, as majority of the manufacturing orders were completed, and the new contracts were under manufacturing and in development phase and delivery of the same is expected to be booked in FY25 onwards. Accordingly, its income is likely to get a fillip from FY25 onwards once deliveries start for 83 LCA Mk1A in a staggered manner. In 9MFY24, HAL registered TOI of ₹15,612 crore and profit after tax (PAT) of ₹3,303 crore as against TOI of ₹14,433 crore and PAT of ₹2,970 crore registered in 9MFY23. CARE Ratings expects the profitability and debt coverage indicators to remain healthy, going forward. The total receivables of HAL continued to remain below ₹5000 crore as on balance sheet date for past two years ended FY23 as it had realised substantial payment from government in FY22. The collection period has improved from 135 days in FY21 to 64 days in FY23. HAL also receives advances from its customers against the contracts which constitutes a stable source of funding its working capital requirement. The advances stood robust at 28,981 crore as on March 31, 2023 which further increased to *32,588 crore as on December 31, 2023. Timely realisation of dues and increase in advances has resulted in continued low reliance on debt to fund its working capital requirement. The same resulted in the overall gearing ratio of almost nil as on March 31, 2023. The company has strongly articulated that going forward HAL's debt level is expected to remain low on the back of sustaining its improved collection period.
NSE:HALLong
by iism-ExpertTrading
2
#RAYMONDRaymond Realty The company started phase 1 of the real estate business in Feb 2019.It has planned development of 20 acres of residential development − Phase 1: ~14 acres of development Total 10 towers with ~2.7 mn sq. ft of saleable area Total units planned for sale: 2,976. Cumulative bookings of 1,173 units till Dec-20 The company received ~Rs.1610 crs as booking value in Real estate in FY23. In total , Raymond received total booking value of ~ ₹3,900 Cr. within 4 years of launch Debt Reduction The company reduced its debt by ~Rs. 400 crs to Rs. ₹689 crs. as of FY23. PROS Company has delivered good profit growth of 37.4% CAGR over last 5 years Debtor days have improved from 62.0 to 33.1 days. Company's working capital requirements have reduced from 71.5 days to 55.3 days
NSE:RAYMONDLong
by iism-ExpertTrading
Why You Should Never Hold on to Your Positions Beyond a CertainGood day, traders. I would like to take this opportunity to advise both new and experienced traders that holding onto your position indefinitely is not recommended. Based on percentage calculations, the return required to recover to break even increases at a considerably faster pace as losses grow in size due to compound interest. After a loss of 10%, a gain of 11% is needed to make up for it. When the loss is 20%, it takes a 25% gain to return to break even. To recover from a 50% loss, a 100% gain is required, and to reach the initial investment value after an 80% loss, a 400% gain is necessary. Investors who experience a bear market must understand that it will take some time to recover, but compounding returns will aid in the process. Consider a bear market where the value drops by 30% and the stock portfolio is only worth 70% of what it was. Suppose the portfolio increases by 10% to reach 77%. The subsequent 10% gains bring it to 84.7%. After two further years of 10% gains, the portfolio reaches its pre-drop value of 102.5%. Consequently, a 30% decline requires a 42% recovery, but a four-year compounding rate of 10% returns the account to profitability. I will be doing a second part of this post on the idea of "DOLLAR COST AVERAGING" (DCA). The math behind stock market losses clearly demonstrates the need for investors to take precautions against significant losses, as depicted in the graphic above. Stop-loss orders to sell stocks or cryptocurrencies that are mental or limit-based exist for a reason. If the market is headed towards a bear market, it will start to pay off once a particular loss threshold is reached. Investors occasionally struggle to sell stocks they enjoy at a loss, but if they can repurchase the stock or cryptocurrency at a lesser cost, they will like it. Never stop learning! I would also appreciate hearing your thoughts and opinions on the topic in the comment section. Thank you.
Education
by CRYPTOMOJO_TA
Bitcoin Analysis Across Multiple Time Frames!#BITCOIN WEEKLY TF UPDATE LET'S MAKE IT SIMPLE "Bitcoin ended the week above $52,000 and is now heading towards a resistance area around that price. Even though there's some resistance there, the overall trend is still bullish. We might see a pullback in this zone, but if we get another weekly close above $52,000, it could mean Bitcoin has the momentum to push towards $60,000." So keep an eye on weekly closing Stay tuned; I will keep updating #DYOR #NFA CRYPTOCAP:BTC BITSTAMP:BTCUSD BINANCE:BTCUSDT
Long
by CRYPTOMOJO_TA
10
Best Editors' Picks of 2023We present our awards for the best Editors' Picks of 2023! This marks our second year of recognizing outstanding open-source Community scripts. From the 84 picks in 2023, our PineCoders have cast their votes, highlighting three exceptional indicator scripts and one outstanding library. Each author of these noteworthy entries will receive 100,000 TradingView coins. The awardees: •  Intrabar Analyzer by KioseffTrading •  Machine Learning: Lorentzian Classification by jdehorty • Harmonic Patterns Based Trend Follower by Trendoscope • SimilarityMeasures by RicardoSantos Congratulations to the winners, and a heartfelt thank you to all Pine Script™ coders who contribute their open-source publications to our Community scripts . We eagerly anticipate another year of remarkable scripts in 2024! What are Editors' Picks ? The Editors' Picks showcase the best open-source script publications selected by our PineCoders team. Many of these scripts are original and only available on TradingView. These picks are not recommendations to buy or sell anything, nor to use a specific indicator. Our aim is to highlight the most interesting recent publications to encourage learning and sharing in our community. Any open-source Community scripts can be picked if they're original, provide good potential value to traders, include helpful descriptions, and comply with the House Rules.
AMEX:SPY
by PineCoders
12
GOLD: Corrective Structure is coming?From a technical point of view, Trend is bullish on Daily and Intraday charts. At the same time, if we look at 1H chart, our impulsive structure 12345 could soon be completed, and this bullish consolidation (we are currently still working wave 5) could become an interesting opportunity to sell Gold as a tactical strategy. From our point of view, it might be interesting to try to sell this rally above 2,020 area. What do you think about it? ..and what could be the closest Target in your opinion? Trade with care Like | Share | Comment
OANDA:XAUUSDShort
by TheAnonymousBanker
6
We’ve Paid Over $25,000 To Our Creators and CodersOur vibrant community is not only for professional investors, everyday traders and Pine scripters, it’s also home to content creators who share their wisdom, experiences, and market insights. We love our content creators and that’s why we recently launched our first-ever community content rewards program that gives $100 cash to anyone who is selected to Editors’ Picks and Pine Script Picks . Since the launch of our program, we’ve given out over $25,000 . Yep - $25,000 to our best creators, contributors, and coders. Because of the success of this program, we’ve decided to keep it going, and invite more of you to join our social network whether it’s for meeting other traders, growing a brand or sharing insightful content about financial markets. If you still don’t know how to use our social network, we have plenty of resources available: 👉 Our official Help Center documentation about our content program and more 👉 Familiarize yourself with these guidelines for crafting exceptional ideas 👉 And, of course, don't forget to revisit our House Rules! For those of you who want to learn more about earning $100, don’t fret, as we also wrote out a few simple steps below to get you started: Open a chart. Click the Publish button in the top right-hand corner or the Pine Editor button at the bottom of the chart. Write your idea or code your script (if you’re up for a challenge), and when you’re ready, publish it to our network. Our network values creativity, deep research, and insightful content. Here are some recent examples to showcase what our network values: example 1 , example 2 , and example 3 . If you’re lucky enough to be selected to Editors’ Picks, you’ll earn $100 at the end of the month. There are no limitations to how many times you can publish per week. For example, say you’re selected five times in a month - that means you’ll earn $500. Congratulations to our Editors Pick Authors so far. April Editors Pick Authors @akikostas @Be_Capy @Bullfighterr @ChristopherDownie @dchua1969 @DeGRAM @Donfelice @EXCAVO @financialflagship @FOREXN1 @inspirante @JimHuangChicago @Julien_Eche @LeviathanCapital @LuxAlgo @LuxAlgo @MacrodesiacTim @Nico.Muselle @norok @Options360 @Pandorra @peacefulLizard50262 @PropNotes @QuantVue @SolCollector @SPY_Master @SPYvsGME @SquishTrade @tbiktag @timwest @Tradersweekly @transparent-fx @Trendoscope @VasilyTrader @Vestinda @WayanEko @WillSebastian @WyckoffMode May Editors Pick Authors @allanster @bitdoctor @ChristopherDownie @CMT_Association @djmad @dudebruhwhoa @EXCAVO @FOREXN1 @G_Foster @Goontata84 @HoanGhetti @inspirante @Investroy @kaigouthro @konhow @LeafAlgo @Mayfair_Ventures @mintdotfinance @neo_karma @norok @Options360 @peacefulLizard50262 @QuantVue @RicardoSantos @RLinda @ShaquanLopez @ShawnMCR @SquishTrade @Steversteves @sudoMode @This_Guhy @Timonrosso @timwest @tradeforopp @transparent-fx @Trendoscope @veryfid @WalterMoon June Editors Pick Authors @AfnanTAjuddin @aneekaguptaWTE @Be_Capy @BitcoinMacro @ChristopherDownie @Crypto4light @DeGRAM @fikira @financialflagship @FOREXN1 @fract @HL-TradingFX @Investroy @JakeWuMarketResearch @JimHuangChicago @kaigouthro @KarimSubhieh @Keeleytwj @Lingrid @LuxAlgo @MarthaStokesCMT-TechniTrader @Mayfair_Ventures @mintdotfinance @Money_Dictators @moonypto @Moshkelgosha @Nemo_Confidat @NinjaTradingServices @norok @QuantVue @SquishTrade @Steversteves @Sublime_Trading @the_sunship @TheTradingParrot @This_Guhy @Thomas_Zito @Timonrosso @tradeforopp @Tradersweekly @Trendoscope @Vestinda July Editors Pick Authors @Akil_Stokes @Amphibiantrading @aneekaguptaWTE @ARESABI @BluetonaFX @ChristopherCarrollSmith @ChristopherDownie @CryptoCheck- @DeGRAM @financialflagship @FOREXN1 @Honestcowboy @Ingwina @Intetics @JimHuangChicago @KioseffTrading @LeafAlgo @LordWrymouth @LuxAlgo @Options360 @optionsswing @PrepForProfit @propfirmalec @PukaCharts @RodCasilli @SquishTrade @Steversteves @StewySongs @the_sunship @This_Guhy @Timonrosso @Trendoscope @VasilyTrader August Editors Pick Authors @Akil_Stokes @anthonycrudele @BluetonaFX @Celestial-Eye @fikira @financialflagship @Gentleman-Goat @JimHuangChicago @joerivdpol @KioseffTrading @LeafAlgo @LuxAlgo @MarcPMarkets @MarthaStokesCMT-TechniTrader @Mayfair_Ventures @MikeMM @mikezaccardi @mintdotfinance @Moshkelgosha @MUQWISHI @MXWLL-Capital-Trading @optionfarmers @PropNotes @PukaCharts @RicardoSantos @rossgivens @sabricat @Steversteves @The_STA @timwest @Tradersweekly @tradingwithanthony @Trendoscope @Vestinda @Victoredbr @WillSebastian @without_worries @WyckoffMode September Editors Pick Authors @Akil_Stokes @Algo_Alert @algotraderdev @anthonycrudele @ATradeSniper @basictradingtv @blackcat1402 @BradMatheny @bryandowningqln @CME_Group @CMT_Association @Crypto4light @DeGRAM @ImmortalFreedom @Investroy @jason5480 @KioseffTrading @konhow @LeviathanCapital @Madrid @mintdotfinance @MoneyMantraCha @Moshkelgosha @Paul_Varcoe @PeterLBrandt @PropNotes @PukaCharts @sofex @SpyMasterTrades @Steversteves @stocktechbot @the_sunship @ThinkLogicAI @This_Guhy @timwest @TradeAndMeApp @Trendoscope @VasilyTrader @Vestinda @without_worries @Yaroslav_Krasko One final note: If you think we’re missing your ideas or scripts, please drop a link to your work in the comments section below. Our team is always looking to meet new community members and read the outstanding content being created. We look forward to seeing your content! - Team TradingView
Education
by TradingView
45
The Divergence Cheat Sheet: Your Quick Reference GuideHello dear @TradingView community! In this guide, we will delve into the concept of divergence and its significance in technical analysis, specifically focusing on its application in the cryptocurrency market, particularly Bitcoin. Understanding Divergence: A Key Concept in Trading Divergence occurs when the price of an asset and an indicator, such as the Relative Strength Index (RSI), move in opposite directions. This pattern provides valuable insights into potential price reversals or changes in trends. The Divergence Cheat Sheet To help us identify and interpret divergence patterns, a divergence cheat sheet can be an invaluable tool. It provides a concise overview of different divergence patterns and assists us in making timely and accurate decisions. By having a cheat sheet on hand, you can save time, reduce errors, and ensure they don't miss crucial signals in the fast-paced cryptocurrency market. Detecting Divergence Detecting divergence is crucial for identifying lucrative trading opportunities. By using divergence indicators like the RSI, MACD, or Stochastic Oscillator, we can gain significant insights into market trends and potential price reversals. To pinpoint divergence effectively, follow these steps: Choose an indicator capable of detecting divergence, such as the RSI, MACD, or Stochastic Oscillator. Look for discrepancies between the indicator and the price action. Regular divergence occurs when the price and the indicator move in opposite directions, while hidden divergence occurs when they move in the same direction but at different rates. Monitor the direction of the trend. Divergence can indicate a trend reversal, so keeping track of the current market trend is crucial. Confirm the divergence signal with other technical analysis tools. Divergence is just one piece of the puzzle, so it's essential to use other indicators to validate your trading decisions. Examples of Divergence in Trading Charts Let's examine a few examples of divergence on Bitcoin charts: Strong Bullish Divergence: When lows of the price decreases while the RSI increases, a regular bullish divergence occurs. This signals a potential trend reversal and presents an opportunity for a bullish trade. Strong Bearish Divergence: When highs the price of an asset is rising while the RSI is falling, it indicates a regular bearish divergence. This suggests a potential trend reversal and presents an opportunity for a bearish trade. Medium Bullish Divergence: When the lows of an asset remain equal while the RSI is rising, it indicates a medium bullish divergence. This suggests a potential increase in price, although it may not be a strong upward movement. Medium Bearish Divergence: When the highs of an asset remain unchanged while the RSI is decreasing, it indicates a medium bearish divergence. This suggests a potential decline in price, although the downward movement may not be significant. Weak Bullish Divergence: When the lows of an asset is decreasing while the RSI lows is equal, it indicates a weak bullish divergence. This suggests a potential increase in price, although it may not be a strong upward movement. Weak Bearish Divergence: When the highs of an asset are rising while the RSI remains unchanged, it indicates a moderate bearish divergence. This suggests a potential decline in price, although the downward movement may not be significant. Hidden Bullish Divergence: Hidden bullish divergence occurs when the price creates higher lows while the RSI is creating lower lows. This reinforces an existing uptrend and suggests its strength. Hidden Bearish Divergence: Hidden bearish divergence is observed when the price forms lower highs while the RSI forms higher highs. This indicates a potential weakening of the current uptrend and might signal a trend reversal or a pullback. By recognizing these divergence patterns on trading charts, we can gain insights into potential market reversals, entry and exit points, and adjust trading strategies accordingly. Incorporating Divergence into Your Trading Strategy To effectively incorporate divergence into your trading, consider the following steps: Identify the appropriate indicators: Choose reliable indicators such as RSI, MACD, or Stochastic Oscillator that can detect divergence patterns effectively. Learn to spot divergence: Familiarize yourself with the different types of divergence patterns and practice identifying them on price charts. This will help you develop a trained eye for spotting potential trading opportunities. Confirm with additional analysis: While divergence can provide valuable signals, it's essential to use other technical analysis tools to confirm your trading decisions. Look for supporting indicators, chart patterns, or trendline breaks that align with the divergence signal. Set clear entry and exit criteria: Define your entry and exit points based on the divergence signal and your risk tolerance. Consider using stop-loss orders and take-profit levels to manage your trades effectively. Practice risk management: Implement proper risk management techniques, such as position sizing, to protect your capital. Divergence alone should not be the sole basis for your trading decisions but rather an additional tool in your arsenal. Backtest and refine your strategy: Test your divergence-based trading strategy on historical price data to assess its effectiveness. Make adjustments as needed and continuously monitor and evaluate your results to improve your trading approach. Remember, divergence analysis is not foolproof and should be used in conjunction with other technical analysis methods and market factors. Regular practice, continuous learning, and adapting to changing market conditions are crucial for successful trading. Divergence analysis is a powerful tool that can provide us with an edge in the cryptocurrency market. By understanding and effectively utilizing divergence patterns, we can identify potential trend reversals, improve entry and exit timing, and enhance overall trading strategy. Incorporate divergence analysis into your trading approach and combine it with other technical indicators and risk management techniques for a well-rounded and informed trading strategy.
Education
by Vestinda
2
Best Editors' Picks of 2022This year, we introduce the awards for the Best Editors' Picks of the year. Among the 84 selections of 2022, our PineCoders voted these four script publications as the most outstanding. Each of the authors of these four scripts will receive 50,000 TradingView coins. These are all open-source, freely available scripts, which their authors have generously chosen to publish publicly so that all Tradingviewers may use and learn from them. We are immensely grateful to these authors and all others Pine Script™ programmers contributing to our ever-growing Community Scripts . The four winners are: ​Volume Profile ​Volume Delta OI Delta Double Tap R:R Trading System Framework Next ​Pivot Projection We look forward to seeing more amazing scripts in 2023! What are Editors' Picks ? The Editors' Picks showcase the best open-source script publications selected by our PineCoders team. Many of these scripts are original and only available on TradingView. These picks are not recommendations to buy or sell anything, nor to use a specific indicator. Our aim is to highlight the most interesting recent publications to encourage learning and sharing in our community. Any open-source script publication in the Community Scripts can be picked if it is original, provides good potential value to traders, includes a helpful description, and complies with the House Rules.
AMEX:SPYEducation
by PineCoders
22
New Week, New Opportunities: US Dollar Set to Reverse Course!Good morning everyone, and happy new trading week! As we kick off the week, we're keeping a close eye on the US Dollar, which we expect to see some strength in the early part of this week. As many of you know, the USD is a key player in financial markets, so this move could have significant ripple effects across asset classes. For example, we might see the EURUSD pair and US stock markets reverse direction as the USD strengthens. And even bitcoin, which is often seen as a safe haven asset, could be impacted by this move. But what does this all mean for traders and investors? Well, it's always important to stay nimble in the markets, but this expected USD reversal could present some interesting opportunities. For example, those with a bearish bias on the USD might consider taking profits on their short positions, while those with a bullish bias might consider adding to their long positions. To help visualize the expected move, here's a chart showing the USD index over the past month. As you can see, the index has been trending downward, but we believe this could change in the coming days. As always, it's important to do your own analysis and due diligence before making any trades, but we hope this gives you some food for thought as the new trading week begins. Good luck out there, and happy trading!
TVC:DXYLong
by JoelWarby
2
Do not get caught in this trap!Good time of the day, friends! Rushing into trades is definitely among the top #3 common mistakes done by relatively newer market participants who we would call early sellers in this context. The chart/infographic above is pretty self explanatory, but let’s still cover some aspects of it by considering a following scenario: Market was moving sideways the whole week, you almost lost hope to finish the month in profits and now you see the up-trending channel with already 2 lower trend-line touches. You instantly get excited and set a long position in the area of a third touch. Well, next thing you know it plummets right past through it. Lesson learned, but what can be done to avoid that? Well, first of all “look for multiple confluences”. Does the third touch coincide with a potential support zone? If not, that already weakens the point. Was there any signs of bottom forming and reversal? Another strike if not. Did it coincide with any Fibonacci levels, for instance? No? You’re out. Going over mistakes is easy, as there are always so many things that can go wrong, but what’s an alternative then, you may ask. On the chart above, we also indicated a point where we would consider entering the mentioned trade. Patient execution with a proper Risk-Reward is a way to do it. Hope this helps, and tune in for more content for us!
BITSTAMP:BTCUSDEducation
by Investroy
12