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How to Confirm a DivergenceI get a lot of messages from you guys talking about how #diivergences seem to play out or not get initiated or that you're having problems entering A #divergence trade. In this video I'm presenting you a reminder of one of the steps you need to use and it is the the confirmation step that you need to use for confirming whether a divergence is actually going to start going in your favor. By that I mean that you have already found the divergence and you're simply waiting to enter on the trade because as you should know by now just because you see a divergence doesn't mean it triggers you to start trading in a direction. Finding the divergence is only step one but finding the entry is based off of the structure in price action that I have outlined in this video idea. In this video I'm simply using the RSI to find a bullish divergence based off of the difference in bearish price action and you can see clearly how I implement drawing a area around the start of the divergence and wait for price to reach that area. If price never reaches that area then I do not trade bullish according to the bullish divergence instead you simply ignore the divergence and carry on with the rest of your #priceaction #trading.
Education
by CoffeeshopCrypto
8
You To EXIT SP500 @ 4698.34 And Here's WhyWhen you look at the historical chart you will see the pattern of why. When you see the stocks in the main news. Remember that this is at the correction level. Right now the market is oversold. The best time to exit your position is when the main news is talking about it. This is not a good short position but a good exit to take profit position. Historically it crashed at this level in 2022. Rocket boost this content to learn more. **Disclaimer:** The information provided above is for educational and informational purposes only. -- It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in -- financial markets.
CME_MINI:ES1!Education
by lubosi
1
Navigating the Markets with Fibonacci ChannelsToday we delve into the fascinating world of Fibonacci Channels, a powerful tool for traders looking to identify potential non-horizontal support and resistance levels in the market. Throughout the video, we provide a step-by-step guide on how to place Fibonacci Channels on price charts, allowing you to visualize and understand their significance in identifying key price levels. We also showcase real-world examples to demonstrate how Fibonacci Channels can be used to find points of interest, such as trend reversals and price targets. Furthermore, we discuss the integration of Fibonacci Channels with other technical indicators, providing insights into how this combination can enhance your trading strategy. By the end of this video, you will have a comprehensive understanding of Fibonacci Channels and the ability to confidently incorporate them into your trading approach. Get ready to unlock the potential of Fibonacci Channels and take your trading skills to the next level!
Education
by LeafAlgo
16
3 Ways To The Rocket Booster StrategyHi there its Lubosi Stocks, and and am here to share with you the rocket booster strategy that you can use to learn technical analysis. -- This strategy is a simple one and was highly inspired by the following mentors i have been following for a long time such as Tim Skyes, Robert Kiyosaki and Matthew Kratter. -- So the strategy is very simple and has been broken down in 3 ways: -- #1- Price has to be in a trend #2- Price has to be above the 50 Day Moving Average #3- Price has to be above the 200 Day Moving Average. -- If you want to learn more rocket boost this content. -- Disclaimer: I reserve the right to be wrong .Do not buy or sell anything i recommend to you.DO your research before you trade.
NASDAQ:AMZNEducation
by lubosi
How to Quantify & Identify (real-time) a Trading RangeOne of the most challenging & frustrating tasks for a trader, is to define with a rules-based (systematic) methodology, and identify (on a real-time basis), when a market is in a trading range. Using the MACD-v both of these goals are achieved. The market is defined as being as "Ranging" (one of the Core 7 Range Rules/States) when the MACD-v is between the -50 and 50 ranges, for more than 25 bars consecutively.
CBOT:ZC1!Education
by AlexSpiroglou
📈 📉 3 Steps To Understand MACD Components 🔄#1- MACD Line (Fast Line): This is the faster line and is calculated by subtracting -- the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result is called the MACD line. -- #2- Signal Line (Slow Line): The signal line is a 9-period EMA of the MACD line. -- #3- MACD Histogram: This is the difference between the MACD line and the Signal line. It represents the momentum of a trend. -- Rocket boost this content to learn more -- **Disclaimer:** The information provided above is for educational and informational purposes only. -- It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in -- financial markets.
Education
by lubosi
🐋 Deep Dive Part II: Whale Behavior & Market Mastery!🌊📚 (Vid)Hey Crypto Enthusiasts! 🚀 In a recent analysis, I not only nailed Bitcoin's (BTC) movement but also illuminated the subsequent altcoin surge, driven by insightful whale behavior observations. Let's merge these insights with a focus on ADA (Cardano), OP (Optimism), SOL (Solana), and BTC. 📊 Cardano's (ADA) Meteoric Rise 🌟 ADA's journey began with a break above a pivotal support-resistance level. My entry point at 0.256 turned into a remarkable rally, hitting 52 cents. This movement was a classic case of altcoin buoyancy following Bitcoin's pause. Optimism (OP) and the Altcoin Breakouts 🌈 In the shadow of Bitcoin's stagnation, altcoins like OP exhibited significant breakouts, showcasing the shifting focus of market whales from Bitcoin to promising altcoins. Bitcoin (BTC) and Whale Dynamics 📉 Bitcoin's behavior provided a crystal ball into the whale activities. As BTC approached a major resistance level, it signaled a strategic move by whales to divert funds towards altcoins, catalyzing their surge. Solana (SOL) and Market Trends ☀️ Solana's chart also mirrored this trend, highlighting the broader market dynamics influenced by these significant players. 🔍 Insight on Whale Behavior: My analysis delved deep into the whale behavior, highlighting how Bitcoin's rally and subsequent pause was a precursor to altcoin dominance. This strategic pause in Bitcoin's ascent was a clear signal for the whales to redistribute their focus and capital, sparking a remarkable rise in altcoins like ADA, OP, and SOL. 🔄 The Bigger Picture - Understanding Market Shifts: What this trend teaches us is the importance of reading between the lines. Whale movements often precede major market shifts, and by understanding these patterns, we position ourselves to make informed decisions. 🧠 Future Outlook: As we continue to monitor these market dynamics, it's crucial to stay vigilant. The crypto market is known for its volatility, and while the current trend favors altcoins, it's essential to be prepared for any shifts that may arise. Always keep an eye on key resistance and support levels, market sentiment, and global economic factors that could influence the next big move. 🌐 Together, let's stay ahead of the curve in this fascinating and ever-evolving world of cryptocurrency. Your insights and engagement are what make this journey exciting and rewarding! One Love, The FXPROFESSOR 💙 part 1:
Education
by FX_Professor
2
Back-adjusting drawings for futures roll in continuous contractsHow to adjust existing drawings to account for the price adjustment (false gap) between futures contracts during the roll when one contract is expiring and trade volume is shifting into the new front-month contract. Drawings do not adjust by using the "back-adjust" feature, which can create an issue since all of your drawings will be displaced and incorrectly located. This shows how to adjust them to account for that displacement. This is especially an issue when the price difference is large between the expiring contract and the new front-month contract such as in this video example (e.g. +51 points between ESZ2023 (Dec 2023) and ESH2024 (March 2024))
CME_MINI:ES1!Education
by AaronFormella
6