Fear
Nasdaq Rising WedgeRising wedge w bearish divergence, this can be attributed to the drop that has occurred in the past weeks. Fear may be intimidating when looking for an entry into a market like this but history has shown consistent returns for the nasdaq composite and price will most likely produce a reversal at one of this MA's, EMA's. Unless the dip can be associated with the RISE of cryptocurrency which is my personal bias opinion.
USDJPY: optimistic long scenarioDue to fear around coronavirus japanese yen as safe-haven currency is strengthening...
...however Japanese economy is technically in recession and USDJPY has been moving north.
Entering the market between 110.1-109.23 price zone with 113 T/P level provides decent opportunity for joining bulls.
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Spot to buy some protection? AMEX:VXX , derivative on CBOE:VIX index suggests that we are in good spot to buy some protection. Market participants are very optimistic in recent days, but coronavirus risks still unresolved. In fact, data from China continues to be rather worrying. If we to start another leg lower in equities, today is a good day for it.
FACEBOOK Stock WILL Drop Below 200 Amid Fear CoronavirusCoronavirus has been impacted several stocks including facebook stock. As a sign of rejection, many trader losing interest to purchase the facebook stock in a current situation.
The fear among the people for the disease spread make this stock having a biggest pullback. From the price of 224 key level, trader rejected for the price to go any higher up of 250 level.
This send the price stock to test the price 201 at this moment article was published. The robust supply on the daily chart is a sign of reversal to the price of 165 or worst 161.
Meaning this disease on the fear sentiment trading will be continue until the price recover back to its rally bullish position to continue the trend.
Income from the Facebook coming from many biggest company for the advertising. For now, the biggest client of Facebook is holding the production on supply chain due to
halt export outside China. This will slow down their production and revenue. Many investor has now pull back their money out from the Facebook stock. The demand is not there and the price reject with strong rejection from 224 to 201 in a month just after the disease has been spread across nation wide countries.
Is that coincidence?
POWERS TANKING THE ECONOMY ON FAKE NEWS AND FEAR DURING ELECTIONwww.cdc.gov
The burden of influenza disease in the United States can vary widely and is determined by a number of factors including the characteristics of circulating viruses, the timing of the season, how well the vaccine is working to protect against illness, and how many people got vaccinated. While the impact of flu varies, it places a substantial burden on the health of people in the United States each year.
CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.
THE CORONAVIRUS IS A FAR CRY BELOW THESE STAGGERING FIGURES AND WE TALK ONLY US HERE AND NOONE EVER CARED ABOUT IT OR SHUT BORDERS OR TRAVELLING OR ALL TEH FUSS ALL THE COUNTRIES ARE DOING RIGHT NOW;
THE KEY QUESTION THAT COMES IN MIND IS:
WHO AND WHY SOME POWERS WANT TO DERAIL THE GLOBAL ECONOMY ESP THE US AND CHINESE ECONOMY ????? ESPECIALLY DURING AN ELECTION YEAR
what is clear is that if the economy and the stock market continues to rally like all the fundamentals and earnings are doing DONALD is going to win so I believe SOME POWERS are ready to do anything including spreading FAKE NEWS and FEAR TO PROVOKE A GLOBAL MARKET CRASH and paralyse the global economy;
Two advantage to it: 1/ THEY MAKE DONALD LOSE 2/ THEY SCOOP HEAVILY DISCOUNTED ASSETS THAT HAS PROVEN GENERATING HUGE EARNINGS like the big tech and high quality stocks
BE CAREFUL , PLEASE DONT LET THEM WIN AND STEAL OUR PROFITS !!!!!!
POWERS TANKING THE ECONOMY BY SPREADING FEAR AND SCAM YOU!!!www.cdc.gov
The burden of influenza disease in the United States can vary widely and is determined by a number of factors including the characteristics of circulating viruses, the timing of the season, how well the vaccine is working to protect against illness, and how many people got vaccinated. While the impact of flu varies, it places a substantial burden on the health of people in the United States each year.
CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.
THE CORONAVIRUS IS A FAR CRY BELOW THESE STAGGERING FIGURES AND WE TALK ONLY US HERE AND NOONE EVER CARED ABOUT IT OR SHUT BORDERS OR TRAVELLING OR ALL TEH FUSS ALL THE COUNTRIES ARE DOING RIGHT NOW
THE KET QUESTION THAT COMES IN MIND IS:
WHO AND WHY SOME POWERS WANT TO DERAIL THE GLOBAL ECONOMY ESP THE US AND CHINESE ECONOMY ????? ESPECIALLY DURING AN ELECTION YEAR
what is clear is that if the economy and the stock market continues to rally like all the fundamentals and earnings are doing DONALD is going t win so I believe SOME POWERS are ready to do anything including spreading FAKE NEWS and FEAR TO PROVOKE A GLOBAL MARKET CRASH and paralyse the global economy;
Two advantage to it: 1/ THEY MAKE DONALD LOSE 2/ THEY SCOOP HEAVILY DISCOUNTED ASSETS THAT HAS PROVEN GENERATING HUGE EARNINGS like the big tech and high quality stocks
BE CAREFUL , PLEASE DONT LET THEM WIN AND STEAL OUR PROFITS !!!!!!
Why I purchased some GDXJ todayWith the odds of a Fed rate hike down to 12.7%, it's looking likely that the rate environment will stay favorable for gold next Wednesday. We're also seeing a little deceleration in stocks due to the Coronavirus, with China stocks already having taken a big loss, and US travel stocks also suffering. We've now had one Coronavirus case in the US, and there are likely to be reports of more cases in the coming weeks. A significant downturn in US stocks due to Coronavirus panic could be good for gold. Thus GDXJ probably makes a good hedge against positions in the major US stock indexes moving forward.
NASDAQ: FEAR > (GREED + HOPE) ==> CORRECTION.In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis.
I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this to turn into a nightmare!
I explore patterns that today, are pretty similar to 2007-ish
I show why I think the market is exhausting. I say that quite possibly fear may outweigh greed and hope.
So the equation in a superheated bull market is:
FEAR > (GREED + HOPE) ==> CORRECTION.
DISCLAIMERS: This is speculative opinion only. That the post is listed as short is only an indication of probability estimate for the south. It is not intended to cause fear or to advise people on making financial decisions. Your decisions are your own as well as the risks you accept. If you lose out on profits or otherwise lose money, kindly sue yourself!
Everything I've Learnt Are...Bs lol. We live in information age where we can get any information from internet for free of cost. So why are we buying courses and learning from different sources of training materials when everything are based on same framework with differnet title name?
I can see on this chart that there are many Traps with M & W formations only occurs before breakouts which is where 90% of retails traders gets trapped before seeing a big moves up or downwards which only 10% of people that actually caught that big moves.
Why?
Interesting, charts tell alot of story.. Just have to look hard enough for a tell tale signs...
FEAR OF SELLING at SUPPORT ZONE? OANDA:XAUUSD
I'm anticipating 1 more drop for Gold on 4H chart. At least to 1460.
Confluence:
BRN
Multiple Support Retest
Confirmation Needed:
Price breakout the Support zone.
Entry:
Sell limit @ 1486, SL @ 1496 (100 pips), TP @ 1460 (240 pips)
TAYOR and let me know your thoughts :)
Another Total Market Cap Update #2Update:
A few more lines added in to show direction
Down to 190 Billion then...
Up to 212 Billion...
Most likely a dump to follow,
if we break up from 212 then we may be seeing a reversal on the market.
Hard to speculate where we will go from here.
I still seeing the details laid out in my last update panning out,
refer to my last post for relevant data.
When there is Greed in The Market be fearful ...One of many Zilliqa advocates ends up one of his videos
with one of Warren Buffett's phrases:
"When there is Greed in The Market be fearful, but
when there is fear in the Market, be Greedy.
Is this the case?
Is it here where we should be greedy
and buy our place in paradise?
Of course, this is the kind of question which
cannot have a human answer.
Now in layman's terms:
Should Zilliqa goes back
to its former price shown here by 08 Jun. Only a couple of Months ago;
greed could have eventually tripled the money invested, although
there is nothing to indicate that anything like that is
about to happen in the same length of time.
All we can see is that bears are getting their share of Fear as well.
Always make sure that you understand the risks involved whenever and wherever you invest your hard earned money.
Please, do not take this comment as financial advice or suggestion to perform any action by anybody. Don't worry..... be happy.
Crypto Fear & Greed Index can tell you when to buy BTCWhy Measure Fear and Greed?
Crypto market behavior is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in the irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:
Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
When Investors are getting too greedy, that means the market is due for a correction.
Therefore, alternative.me analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed".
You can find the indicator in TradingView and it is quite amazing what it shows.
In a bull market, it actually shows you great buy opportunities for buying the dips or playing the swings!
Hope you will enjoy it!
If you like this post give us a like also. Thank you!
Prepare for US GDP, ECB results and Fear IndexAt yesterdays' meeting, the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. Nevertheless, the comments from the Central Bank turned out to be very dovish, opening the way to further monetary easing in September. For the euro, of course, this is not a positive sign.
However, we do not throw the euro under a bus yet, because next week’s meeting of the Federal Reserve will likely mark the beginning of a prolonged period of lower interest rates, in our opinion, this event is more important than words about future easing (in the battle of facts with expectations, we will give preference to facts). Also, the euro is supported by the head of the European Central Bank, Mario Draghi, who said that officials had not discussed the rate cut. Our position is unchanged - we buy EURUSD with current price with stops lower than 1.11.
The data on the US GDP for the second quarter will be published today. GDP probably expanded 1.8% in the second quarter, down from 3.1%. If the growth is 2.2-2.5%, then the dollar, perhaps, is not in danger until Wednesday. But if 1.8%, it cannot avoid sales.
So, dollar current price seems to us extremely attractive for its sales.
Meanwhile, the VIX Index ( it is also known by other names like "Fear Gauge" or "Fear Index) dropped to Multi-Year Lows. That is, traders and investors have calmed down. That calls into the question the safe-haven assets growth demand and explains yesterday's weakness of the yen and gold. Given then the level of volatility in gold has increased, we prefer to trade with the Japanese yen. Its purchase against the dollar is still relevant for us.
Our trading recommendations for today: We will continue to look for opportunities for selling the dollar across the foreign exchange market entire spectrum, buying the pound against the dollar as well as against the euro, selling oil and the Russian ruble, and also buying the Japanese yen against the dollar. As for gold, in the oversold we buy and in the overbought area we sell gold.
Copper --> Trade war indicatorConcern grows over global economic slowdown. The US continues to be a leader (for now).
China is the largest copper consumer, and has been beaten down. Technicals don't look good at all. At least there is no divergence.
If Trump and Xi don't reach a deal, you must know - copper will absolutely go down.
P.S:
COPX (Global Copper miners)
CPER (United States Copper)
Trading Truths - how long to be profitable?Trading is hard work - But no one wants to hear that it is hard work. Everyone wants a short cut. A short cut does not exist. If it did - everyone would use it and the market would cease to exist. Everyone who starts out trading is lured in by the profit potential. You might get lucky and make a quick buck. But over time you soon realize that trading is a job, and a hard one at that. The markets offer the highest paid profession in the world - and it is the hardest profession. There are no set paths, clear schooling or achievements which put you into a position of earning a living.
This is an entirely different world. It is you and the market. You are responsible for the actions you make, and the repercussions or rewards which come with those actions. It takes a lot of time and effort on your part if you truly want to succeed long term in the markets. This does not just mean learning about the markets and how they operate. It also requires skills that no other job does - understanding and working on yourself internally.
Remain Humble - We all know of someone who brags about their position, their entry price or whatever. But there is something they likely do not have.. Profits. Ever wonder why the top traders dont brag or choose to talk about how much they make? Because they are humble. If you do not remain humble when it comes to markets, they will humble you. If you are attached to your Ego, you will fail in the market, without question. The only question is how long will you survive?
How long does it take to be a Profitable Trader? Every beginner wants to know how long it will take before they can make a profit. This is a loaded question - with no answer. I am often asked how long until you knew you had it? Or how long does it take to become a profitable trader? People are confused by my answer when I say "you never have it, or anything." Even wildly profitable traders lose money, sometimes all of their money several times.
Trading is not about getting something, or somewhere. It is a journey, a dance. Do you dance or play the guitar to get to the end of the dance or end of the song? No, otherwise you would play or dance really fast! (Alan Watts). You play to play. You trade because you enjoy the act of trading. In other words the act of doing is the goal, not the end result. The market is a teacher who teaches you about your self. If you chose to ignore it and instead focus on what you want out of it; you probably wont get it. If instead you open yourself up, give in to it and what it is showing you; you just might get what you want.
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