Valuation Trade Setups: NVDA, AVGO, GOOGL, AMZN, PINS & SilverI have been filled long on some trades based on my valuation trading strategy.
In this video I explain the strategy (conditional criteria, entries & money management) implemented with this weeks entries in NVDA, AVGO & Silver (as well as resting orders for GOOGL, AMZN & PINS). I also briefly explain the idea of "relative strength", which I applied this week when I decided to long Silver instead of Copper.
Enjoy.
Moving Averages
TrendMaster Pro Advanced SignalsBar Replay determine take profit, stop loss levels, and potential pullback or reversal points.
Bar Replay is a powerful tool that allows you to go back in time and analyze past market movements. This feature helps traders practice and improve their strategies in a simulated environment without any financial risk.
How to use Moving Averages like a proIn this video I describe how I use Moving Averages to trade and to stay in sync with the market. Popular Moving averages include the 9, 21, 50, or 200. Feel free to use Simple Moving averages or Exponential moving averages, both works fine, and I like to use the EMAs because they are a little quicker to respond to price movement. I also go over a trading strategy for going long or short in the market once the 50 EMA starts to change directions, I will take a position in that direction. So, if the 50 EMA goes down for a long time, I will take a long once it starts to point up. Thank you for watching!
Simple Technical Stock Analysis ASX:ALL (Aristrocrat)Simple Technical Stock Analysis for ASX Blue Chip Stock ALL (Aristrocrat Leisure Ltd).
Market Monkey ASX Top 50 #18 for June 2024.
This week, the Team unpacks some simple technical and trend indicators for ASX Blue Chip Stock ALL (Aristrocrat Leisure Ltd).
Indicators include:
- Trend Momentum
- Price Direction
- Market Pressure (Buy / Sell demand)
- Volume (Market Strenght)
- Simple Moving Averages
- Support and Resistance
BTC - Continued Analysis - M-Pattern DANGERContinuing this analysis on the previous one; we see a double top form in the daily as well as the weekly timeframe after the price lost the 50 day moving averages.
In the previous analyses, we looked at Elliot Wave theory and a potential new ATH price zone. However, there was one risk even at that point - the M-Pattern. This pattern is BEARISH and usually leads to quite a significant drop.
The good news, though, is that this is all part of a healthy correction - as long as we hold THIS key zone identified inthe video, we are still well within a bullish market.
Previous update here, where we first spoke about the potential risk of the M-Pattern:
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BINANCE:BTCUSDT
CRONOS: THIS ALT can EASILY +100% From Here - CROUSDTCOINBASE:CROUSD
Cronos is an altcoin that I've been bullish on since the beginning for the year, and we've already seen our first two TP Point (Take Profit Points) hit, UP +40%.
The good news is that CRO still has HUGE upside potential, with the next TP +100% from where the price is currently trading in accumulation zone.
In the 4h, we see a clear reversal and turn towards the upside, indicating bullish momentum showing up in the short timeframes. This is as good as it gets buy zone, because we have just finished our correction and successfully retested the 50d Moving Averages in the weekly timeframe:
This could take some time to play out, but patience is your friend!
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Solana - Why You NEED THIS Indicator📢COINBASE:SOLUSD
SOL is flashing some bullish signs on the indicator and it seems that we're gearing up for another move towards the upside. This is the indicator that I used to call the new BTC bullish cycle in November last year, as seen below:
In 3 short minutes, we'll discuss the functionality of this technical indicator and why it's really helpful when monitoring the market.
Make sure you don't miss my most recent update on BTC, and why I say another ATH is imminent:
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TEMA - Three Moving Averages Indicator(3 for 1) TEMA - Use TEMA as a 3 for 1 indicator, instead of putting 3 moving averages, especially if you do not have Trading View Pro, you can use TEMA as 1 indicator. Moving averages is simplicity at its finest. Look for golden crosses, death crosses and when the moving averages meet to signal a push to the upside.
Bollinger Bands - How to interpret Bollinger BandsBollinger Bands is a extremely functional indicator. Nothing fancy, simple interpretation and if you couple it with a momentum indicator even better. Points to remember, band get tight then breaks out, when price breaks out of upper or lower band signals reversal, and price above/below bollinger MA represents price is becoming over bought/oversold.
Why I Think USDCAD Will Sell This Week...Technical Analysis Hey Rich Friends,
Happy Tuesday! Here is my technical analysis for USDCAD. Always check the news and cross-reference the indicators on your chart before entering any trades. I think that there are opportunities to sell and here is what I am looking at:
- The market has already rejected a previous supply zone on the weekly time frame
- There is an evening star pattern that has formed, which is a bearish reversal confirmation
- The fast line (blue) of the STOCH has crossed below the 80 line, and is facing down and the slow line (orange) is above the fast line (blue), which confirms the bearish trend for me
Signals to wait for before entering at market execution:
- Wait for the slow line (orange) on the STOCH to also cross below the 80 line
- Wait for the 3 EMA (blue) to cross above the 10 EMA (purple)
I have entered this trade at market execution but I also have pending sell limit orders for this trade. My SL will be above a previous high and my TPs will target previous lows.
Great luck if you get into this trade and happy trading!
Peace and Profits,
Cha
Solana - SOL Fractal NO ONE talks about📉Hi Traders, Investors and Speculators of Charts📈
SOLANA is on the list of my top 20 altcoins to watch in 2024.
From a macro chart perspective, I'd like to point out a large-scale fractal that I'm labelling as the "drop-and-pop".
What we observe here is 1)accumulation phase followed by 2)first impulse up after which we se a 3)correction and then finally the 4)second impulse wave .
From a technical indicator view we know that the price is bullish because we see a "Overbought" flash on the weekly, which usually indicates strong bullish momentum :
Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 2 /pop.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:SOLUSDT
ETH : Following BTC, Elliot Correction Wave $2700📉Hi Traders, Investors and Speculators of Charts📈
ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern.
Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick towards the 100d (turquoise) will not be unusual:
Here are my thoughts on Ethereum from a MACRO outlook, for future potential targets:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:ETHUSDT
The Aussie is Vulnerable Despite its BounceAUD/USD rises after its 2024 lows as the greenback’s strength deflates, eying the pivotal EMA200 and daily closes above it would shift bias to the upside. However, such outcome has high degree of difficulty technically.
The EMA200 can contain the rebound and sustain the bearish bias, which would keep the Aussie exposed to the 2023 lows (0.6269).
The hawkish repricing around the Fed is likely to continue to help for the USDollar, as stubborn inflation, strong economy and robust labor market favor a conservative approach around rate cuts by the Fed. Its Australian counterpart seems to be further from such moves at this stage, but today’s poor labor data strengthen the case for an RBA pivot.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website:
Stratos Markets Limited clients please see: www.fxcm.com
Stratos Europe Ltd clients please see: www.fxcm.com
Stratos Trading Pty. Limited clients please see: www.fxcm.com
Stratos Global LLC clients please see: www.fxcm.com
Past Performance is not an indicator of future results.
What Is Flowing With The Market? We have all heard that it is a good idea to go with the flow of the market but what does that look like? It's not enough to just read about flowing with the market, it must be practiced and experienced. We must acquire the skill of following markets up and down through its changes seamlessly.
A disciplined trading plan will have an objective method and will objectively define entry, stop, exit, and management. Part of any good method is never wondering if the market is going up or down or about to turn, It's doing what it's doing. You want to independently know this information without having to check outside sources.
In the video, I show a simple way to practice using a 100-period moving average, but you can use anything you want as long as it is objective and follows the market. With just a few rules we can use the moving average to tell us if the market is up and we are looking for longs, or if the market is down and we are looking for shorts, or if it's neutral and we are neutral. This is a letting go practice, a learning to change with change.
Shane
AVAX - SHAKEOUT before FINAL ATH📉Hi Traders, Investors and Speculators of Charts📈
AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade.
Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common.
I've been bullish on AVAX for a very long time, and we've seen great increases since my last update:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:AVAXUSDT
Kiwi Upbeat after the RBNZ Hold but US CPI LoomsNZD/USD reacted positively as the RBNZ kept rates again at 5.5%, appeared a little more worried about inflation than the last time and said it is necessary to maintain a restrictive stance to reduce price pressures. The move above the EMA200 gives it the opportunity to take out the 38.2% Fibonacci, but does not yet inspire confidence for further gains that would challenge 0.6217.
RBNZ appears further form a pivot than its US counterpart, but the Fed has turned cautious around lowering rates and the three cuts scenario is being questioned. The RSI points to overbought conditions that can contain the upside and a rejection of the 38.2% Fibo would keep new 2024 lows in play (0.5938).
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website:
Stratos Markets Limited clients please see: www.fxcm.com
Stratos Europe Ltd clients please see: www.fxcm.com
Stratos Trading Pty. Limited clients please see: www.fxcm.com
Stratos Global LLC clients please see: www.fxcm.com
Past Performance is not an indicator of future results.
Double EMA Strategy...For Beginners Hey Rich Friends,
Happy Monday! It's a new week which means many new opportunities to get into the market...but it doesn't mean that you have to take all of them.
Make sure you focus on finding the best setups by sticking to your plan and following your confirmation checklist. The best out of 25 will give you a good idea of your win/loss ratio.
If you are still struggling to find a SIMPLE strategy that works for you, try using this Double EMA strategy that I apply to my trades. Let me know what you think and if it works for you!
Today we will cover:
1. How to use EMAs on Tradingview
2. Double EMA Strategy
3. Feel confident taking a buy or sell in Forex trades
4. Trade with the trend
Peace and Profits,
Cha
EU BEARISH MOVE EXPLAINED +60 PIPSHey Rich Friends,
I forgot to post the initial idea for this EU Bearish move but I was happy to see the market went in my favor!
I analyzed the market around 10:00 AM EST on July 24, 2003, to get my confirmations and set a sell limit at 1.10850. When I am looking for a sale, here are the things I look for with my strategy:
1. Candles are forming below one or both EMAs (50 and 200)
2. The MOM is facing down and/or below 0
3. STOCH is facing down and/or below 50 and/or the orange line is above the blue line.
All of these conditions were met so I decided to take the trade.
I hope this was helpful.
AUDUSD Bearish Move Explained +80 PIPSAUDUSD actually did rapidly sell after the rate announcement at 12:30 AM EST.
It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA.
- MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation.
-STOCH is below 50, facing down and the orange line is above the blue. These are also bearish confirmations for me.
ORIGINAL IDEA:
Potential sell at Market Execution or Sell limit at 0.67150.
SL: 0.67550 (-40 PIPS)
TP 1: 0.66750 (+40 PIPS)
TP 2: 0.66550 (+60 PIPS)
TP: 0.66350 (+80 PIPS)
ALL TPs HIT!
NZDUSD BEARISH MOVED EXPLAINED +50 PIPSNZDUSD is still very bearish and I believe it will continue to sell.
- The candles are still below both of the EMAs. Bearish conditions are still met.
- The MOM is still negative and below 0. Bearish conditions are still met.
- The STOCH is below 50, facing down and the orange line is above the blue line. Bearish conditions are still met.
Potential trade idea. Sell at Market execution or Sell Limit at 0.61500.
SL: 0.62000 (-40 PIPS)
TP 1: 0.61200 (+40 PIPS) - target reached
TP 2: 0.61000 (+60 PIPS) - target reached
TP 3: 0.60800 (+80 PIPS) - target pending