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The RSI explained ! how to identify buy and sell signals Hello everyone , as we all know the market action discounts everything :) I have created this short video to explain what is the RSI and how to use it to identify buy and sell signals with this oscillator , everything you need to know about this indicator is right here. Its been around since the late 70s so its probably one of the more established oscillators out there . So lets check out the formula and how the RSI works : RS=100 -100/1-RS RS (relative strength) average X day up / average X day down So simply lets say we are using a 10 days average so we check how many days the price closed up and we add them and we divide by 10 which would give us the average X days up. And we do the same for the average X days down but we calculate how many days the price closed down and then we add them and divide by 10 ,And after all of that has been calculated we will always get a value between 0% and 100% And that's why the RSI is considered a bounded oscillator it means that the value will always be between 0 % and 100% The oscillator has 2 major zones which are the overbought and oversold zones. Anything above 70% is considered overbought and anything below 30% the market considered oversold . So when the market reaches overbought zone it tells us that the market has gone up to far and its due a bounce back down , and the same when it reaches oversold zone it means that the market has gone to far down and its due a bounce back up. So looking to buy or sell when the market reaches oversold and overbought is one strategy . But because the market moves a lot and reaches these levels so much this way is not as reliable that much , the better way to use the RSI is to check if it has a divergence with the market price. what is a divergence you may ask !!! A Divergence is when the price of the market is moving in the opposite direction of a technical indicator, such as an oscillator, Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. These signals of divergences doesn’t happen that often but they do give us a better way to use the RSI . And there is it that’s everything you need to know about the RSI and how it works it’s a really simple oscillator and its one of the most popular oscillators used by technical analysts. _____________________________________________Make sure to Follow, Like & comment for more content_____________________________________________ If you have any questions please ask Thank you for reading & watching .
Education
by GabiDahduh
1
$BOXL learning tech company analysis *This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* This weekend my team dived into tech company $BOXL to see whether or not it deserves a spot among our other premium stock portfolio holdings. $BOXL focuses on the education and learning industry to which they offer services that enable teachers to successfully enhance student performance. After correcting from its 52-week high of $4.65 $BOXL now sits at just $2.59 per share. My team is proceeding with caution. We still have yet to enter, but we like $BOXL a lot. We will be placing a buy limit at $2.30 Monday morning 6/28/21. There is possibility that we may miss out if $BOXL decides to take off from current price levels...but with ample money making opportunities in the market my team still eats either way. BUY LIMIT: $2.30 TAKE PROFIT: $4.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:BOXLLong
by SimplyShowMeTheMoney
Everything about the Stochastic oscillator !!!!Hello everyone , as we all know the market action discounts everything :) A lot of people asked me about the Stochastic oscillator so i prepared this video for you guys explaining it please enjoy . or if you prefer to reading : First thing you need to know is that the stochastic oscillator is a momentum index just like the RSI it looks at the price momentum. A DR.George Lane developed it in the 1950s. So let us talk about the stochastic oscillator now it has 2 lines %K (blue color) and %D (Red color) this is how we use it : 1_ the Stochastic oscillator indicates overbought and oversold state of the market cuz the stochastic is a bounded indicator that means its bounded between 0 and 100 range ( above 80 overbought , bellow 20 oversold ) 2_we use it to identify buy and sell signals using crossovers: • If %K crosses below %D then it’s a sell signal • If %k crosses above %D then it’s a buy signal 3_Divergance between the price and the Oscillator We have 2 types of the Stochastic Oscillator: Fast and slow The difference between the Fast and Slow stochastic is: 1. The Fast stochastic is more sensitive than the Slow stochastic ( the most common problem for oscillators is the number of false signals that they give so the Slow stochastic tries to solve that problem ) 2. Slow stochastic smooths out the %K line by averaging over (d) period so let me make it simple the %K line in the Slow Stochastic is like the %D in the fast stochastic Now let us talk about the Formula %K=100. (C-Ln/Hn-Ln) Where C is the current closing price Ln is low in (n) period Hn is high in (n) period (n) Is the number of period and the default value for (n) is 15 Now the %D is calculated like this %D=average %K/ (d) period (d) Is the number for period and the default value for (d) is 3 Make sure to Follow and Like for more content If you have any questions please ask Thank you for reading & watching .
XETR:DAXEducation
by GabiDahduh
4
how to predict wavelength from the chart (BNB USDT )fırst up wave made 23% and the down wave moved 16% second up wave moved 15% and the down wave 10.4% from these numbers we found a pattern 1- 16/23 = 69% 2- 10.4/15 = 69% 3- 15/23 = 65% 4- 10.4/16 = 65% 5- 15*65% = 9.75% 6- 10.4*65% = 6.76% 7- 6.76/9.75 = 69% from these numbers we fıgure out from first up wave and down wave as u noted the length of down wave is 69% and the second up and down trend was 69% , and the second up and down waves equal 65% first up and down waves so we can predict next up wave and down wave next up wave 9% down wave 6.76%
BINANCE:BNBUSD.P
by Ahmed-Hamid
KEY metrics PART 1: Does your strategy has Positive Expectancy?Does your strategy has Positive Expectancy? The main idea of this post is to show that despite your trading style, the instruments you use to trade, the assets you think are better, your timeframe, etc... Profitability is about a positive result after adding all your losses and winning setups after a certain period of time. That is positive expectancy. So, it's important to visualize this and ask yourself, Does my strategy has positive expectancy? Let's take this example as a template, and then you can use it to evaluate your system. If we have an initial Capital of 5000USD and we are risking 50 USD per trade (you risk 1% of your capital per trade), let see what happens after a year of executing this strategy that we will call "The Stock Strategy." The most important metrics you want to take a look at in your strategy are: -How much money I lose on average on the losing setups? -How much money I win on average with my winning setups? If you divide these two results: Average Win / Average loss, you will have your Average Risk Reward Ratio. This is VERY RELEVANT! This metric is telling you that, on average, you make 2 times what you risk when you are winning. However, this metric by itself is useless; you need to ask how many times you are right after X amount of setups "in this case, we have 24 setups," and we can see that we are right 50% of the time. Now we can check if your strategy has a positive expectancy: (Amount of Winning Trades * Average Risk Reward Ratio) - (Amount of losing trades * 1( that's 1% of your capital you are risking = FINAL RETURN. In this case, we have a final return of 12% after a year on the Stock Strategy where we can conclude that we have a positive expectancy and its worth of trading. Once you have more experience and confidence with your strategy, you can optimize the average risk to 2%; for example, you will have a final return of 24% at the end of the year. It's important to know that professional traders don't have one strategy; they have multiple strategies that tend to be independent, so, if you can develop 3 strategies, each of them with a positive expectancy (50% win rate, and average risk-reward ratio of 2) risking 1% of your capital per strategy, you can aim to a solid 36% per year. Another key Metric to better understand your strategy is DrawDowns, but we will develop this in PART 2 of Key Metrics. Thanks for reading! of course, there is much more to speak about this, but the idea was to make a simple introductory post on these two metrics that we consider extremely relevant.
NASDAQ:AMZNEducation
by ThinkingAntsOk
1
Pitchfork and Its Modifications From ScratchHi, traders! Trading View gives us great opportunities to gain as much profit from analysis as it’s possible. Many tools indicators, including custom indicators let traders to extract all insights from the price action plot. However, many of us don’t know about very useful tools that TW gives us “from the box”. Well, today we’ll speak about pitchfork and its modifications. Pitchfork The technical indicator known as Andrews Pitchfork is not that well known and is rarely used by novice traders. However, it is a quick and easy way for traders to identify possible levels of support and resistance for price. It is created by placing three points at the end of previous trends and then drawing a line from the first point that runs through the midpoint of the other two points. The reason this indicator is called a "pitchfork" becomes apparent from the shape that is created in the chart. How to draw? Put the first point to the start of a new trend, second point on the next higher high, and the third to the lower low. Shiff Pitchfork But it’s good when we have no corrections. Try to draw pitchfork after it and you’ll fail. Fortunately, this problem has been solved with Shiff Pitchfork. It has the same properties like the Original one, but the “corrections bug” is fixed. How to draw? Put the first point to the start of correction (pump), second point on the next higher high/lower low, and the third to the lower low/higher high. Well, frankly speaking, the Original Pitchfork works well only on trend markets. For the corrections Shiff Pitchfork was invented. But what should we do with other cases? choppy market< for instance? Don’t worry, everything has been already invented. The Modified Shiff Pitchfork The Modified Shiff Pitchfork is heuristic above the Shiff pitchfork that specializes on sideways market movements. How to draw? Put the first point to the start of sideways movement, second point on the next higher high/lower low, and the third to the lower low/higher high. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
BEducation
by Skyrexio
2
[Trade Review]How I traded $CRM, $TLRY,$U, + psychology TALK In this video I will reviewing trades I took 6/16/2021 which were $CRM,$TLRY $SQ that were posted in a pervious video about the set up on my New Series *Set Ups For the Week Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! In the second part of this video I rant about trading phycology and use yesterdays loss as an example I hope yall enjoy!
PEducation
by Raulf-m
2
[Trade Review]How I traded $PLTR, + TALKS ON EUPHORIA/ LOSSES In this video I will reviewing trades I took on 6/15/2021 which were $PLTR taking a small loss practicing my risk management not a problem since im confident i will make it all back. Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!
NASDAQ:TLRYEducation
by Raulf-m
4
[Trade Review] How I traded $SNAP, $NIO + RECAP SET UPSIn this video I will reviewing showing/ explaining $NIO & $SNAP that were posted in a pervious video about the set up on my New Series *Set Ups For the Week Traded riot & NIO using my knowledge of technical Analysis, sharing my levels: Support & Resistance, my trendlines, Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able t to understand my analysis and wait for confirmation as always! Want to see more content like this? Like and Subscribe! *DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.*
NYSE:NIO
by Raulf-m
Possible Sell Coming ?Points to Consider - The death cross preceded the economic downturns in 1929, 1938, 1974, and 2008. There have been many times when a death cross appeared, such as in the summer of 2016, when it proved to be a false indicator. Analysts also watch for the crossover occurring on lower time frame charts as confirmation of a strong, ongoing trend. Regardless of variations in the precise definition or the time frame applied, the term always refers to a short-term moving average crossing over a major long-term moving average. Hidden divergences signal a possible trend continuation. FIB Confluence zone acting as Resistance. This is just an idea for Analysis. Please do not SELL based just on this :)
COINBASE:ETHUSD
by TraderLeVeR
1