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Newstrading

Understanding News ManipulationIt is crucial to understand the price action prior to a high impact news event. Analysing the range to the left beforehand can help you determine what move is likely to come next. In this example, we saw the price was driven down by the bears to stop out buyers, only to reverse immediately to the upside moments after the news had been released. By studying and acquiring knowledge like this, you can predict market moves that are likely to come with fundamentals. Find the liquidity and trade it, or be the liquidity.
Education
by AlkalineFX
10
Merck & Co: Covid news linked breakout - BullishMerck & Co., Inc. develops pharmaceutical and vaccine products. It also offers healthcare solutions and vaccines addressing animal health. The company was founded in 1891 and is headquartered in Kenilworth, NJ. Average Analyst Rating : Moderate Buy : Price target : $92 Hedge Fund Trend: ▼ Hedge Funds Decreased Holdings by 8.8M Shares Last Quarter. Insider Activity : No Meaningful change last quarter News Sentiment last week: Very Bullish Technicals : Positive Merck and Ridgeback Therapeutics Inc.’s experimental oral antiviral treatment is being heralded as a pill with major upside potential in the fight against the COVID-19 pandemic. Malaysia is in talks to procure an experimental antiviral pill developed by Merck & Co for COVID-19 treatment, the health minister said on Saturday. Fundamental news brought sharp falls for the vaccine cos that have earlier made huge gains, the likes of PFEs and MRNA and others and MRK moved up sharply, breaking the range it was moving. Since its a news related move, more likely a new range would be created and previous resistance maybe difficult of breach. Most of the stocks that had fallen because of Covid lockdowns showed glimpses of finding investor interest as Airlines, Casinos & Gamings, Crusie Liners all made substantial moves. From a technical standpoint, its a Bollinger band blast on Daily charts. The candle formation can be tricky, but the weekly candle looks very strong Watch out for price action on Monday, dip buying should be a good strategy. I think another rotation in its way in terms of sector moves, ride this rally and watch out the Covid news regularly.
NYSE:MRKLong
by LoveForCharts
Should believe in News or Technical analysis? by DENT DEFIBINANCE:DENTUSDT 4H trend chart - Influence of News You must have the same experience...News coming everywhere day and night. It might be just a "news" for a child, salaried man or a retired man who is having a tea leisurely right now. However, we are all in a amazing, astonishing and terrifying market, depended on what the news is! Reminiscing Elon's twitter, Trump's mouth or a barrel of crude oil, all of them sharply affected stocks and cryptocurrency you hold. These phenomenon occur every day, every month, and every year, even over the next decades. Recently, DENT said DEFI is coming! Obviously, price rallied rapidly by this news and accumulated high volume on 9/28 But pullback was followed soon. Here, during the bumpy ride, you will choose to believe News and hold DENT or sell it from panic? So, What would you do while seeing These News in future? Technical Analysis Technical analysis is a method to classify, conclude the pattern from candlestick, based on Big Data and Statistic. Like chance, it'd not provide you 100% to take profit, but could indicate the direction and trend for you to see clearly. It's all-embracing, including chart patterns, price trends, moving averages/momentum...etc. Although there are many methods and theories, what you need is the easy way and the one you like. (we can discuss TA deeper in future) As DENT trend chart, obvious Trend line/Darvas box/Resistance zone are easily showing through analyses. It appropriately provides you reference and direction to decide your trading strategies. So, we could trust technical analysis totally? - Conclusion From my perspective, study and identify of News is the way to know a new commodity or tech or cryptocurrency. Once you're interested in them, try to realize what it really is and how it processes. While you wanna trade these product after study, technical analysis is the best tool to assist you. You could even major on it to identify, judge and evaluate the price. Because what you see on the chart and the real result you eventually gain are the truth and real, no matter what comes from Elon's twitter or Any key of leaders' post/mouths. Trading is a reflection of yourself, sometimes you need to take a step back to see more. Learn more daily and Be ready for any opportunities daily. Have a nice trading day guys!
by EthanTW
Bitcoin Testing $51k Cryptoanalyst Michaël van de Poppe believes that a break out past $51k will result in further upside moves, stating in a Youtube update: “The moment that Bitcoin is breaking out of this $51,000 level, the chances are that we just get one vertical candle towards $58,000, or even $60,000,” He added that if this happens, Altcoins, which this week have gained considerably, may lose out heavily against BTC. At the time of post, the ETH/BTC pair was consolidating prior gains, barely up 1.81% on the day. On-chain data is showing more and more similarities to mid-and late-2020 — the launchpad for Ethereum and Bitcoin bull market. Glassnode noted ”After a period of moderate $BTC inflows following the May Sell-off, Coinbase has seen a large outflow of coins.” Stating: “On-chain activity on both chains has remained quiet relative to bull market highs, even as price momentum continues upwards, and bullish trends in supply dynamics remain in play. Notably, current activity on both chains is similar to the stable pre-bull accumulation range established in mid to late 2020,” IntoTheBlock’s shared insights indicate a comeback of BTC whales and institutional players as the number of large transactions on the network with a value of $100,000 or greater continues to grow.
COINBASE:BTCUSD
by betsygain738
1
EURGBP long opportunity 👍GBP news is causing some moves and our edge script is picking the opportunities up. EURGBP H1 strategy is the pair for this idea. Entry details are shown on the chart. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Long
by pow_removetheguesswork
A new Crypto has arived, ICPThe Dfinity Internet Computer coin (ICP) has arived, a brand new eco system ho have alot to offer on this market, an Blockchain based Cloud Computing that will form the next generation decentralized internet and in my opinion, a great future. On the ICP team are some of ETH members, with new ideeas and a new vision aboute Crypto. This is not a buy invitation, its just my opinion based on some research, and i think worth your atention, just keep an eye on this coin, it will be a surprize on the market. Thanks and leave a comment with your opinion👉
I
by VatamanuVD
XCUR is back on the upswing!XCUR has been in a down trend since its highs of mid-April. Around the 5th of May we had three key indicators showing that the trend was reversing. The MACD, RSI, and price all took bullish turns at this time. Since then, XCUR has come back and tested the 50 day moving average and held the line nicely. Additionally, XCUR has some bullish news coming out over the rest of Q2 (also the release of an app). With alt-season around the corner, XCUR looks like a nice hidden gem to get into while the prices are still low. Please like, comment, and follow for more! Trade at your own risk
XLong
by zsamochin
1
$NEXT & OLCV Sign Term Sheet for CO2 Transportation and StorageNextDecade, Oxy Low Carbon Ventures Sign Term Sheet for CO2 Transportation and Storage in South Texas today announced that they have executed a term sheet for the offtake and permanent geologic storage of CO2 captured from NextDecade’s planned Rio Grande LNG project in the Port of Brownsville, Texas. Under the terms of the agreement, OLCV will offtake and transport CO2 from the Rio Grande LNG project and permanently sequester it in an underground geologic formation in the Rio Grande Valley, where there is vast CO2 storage capacity, pursuant to a CO2 Offtake Agreement and a Sequestration and Monitoring Agreement to be negotiated by the parties. finance.yahoo.com
NASDAQ:NEXT
by AlenCiken
1