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PLUG: You must keep an eye on these Key Points!Hello traders and investors! Let’s see how PLUG is doing today! First, despite the volatility, it is not doing anything surprising today. As we can see, in the 1h chart, PLUG is dancing around the 21 ema, between the support at $ 25.01 and the resistance at $ 28.35. The resistance at $ 28.35 is quite important. It was a previous support level on June and July, and now it has been a resistance, following the Principle of Polarity. Although we have a congestion in the 1h chart, in the daily chart PLUG is in a bearish momentum, as it can’t defeat the 21 ema properly. As long as it keeps between these black lines, nothing interesting will happen. The situation is quite simple: If we lose the $ 25, then we will head to the $ 18 (if we don’t see any good reaction quickly). If we defeat the $ 28.35, it’ll be great, as we’ll defeat the 21 ema too, and the target will be the $ 36.16. Where do you believe PLUG is heading? If you liked this analysis, follow me to keep in touch with my daily studies. Have a good weekend.
NASDAQ:PLUG
by Nathan_The_Finance_Hydra
5
GOLD rejected by the 1830 area 🦐GOLD on the 4h chart is ranging between the 1794 support and the 1830 level. After a few attempts to break above the market has always been rejected by the resistance and currently is trading over the support at 1810. According to Plancton's strategy if the price will break below and the conditions will be satisfied we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
OANDA:XAUUSDShort
by InkyGrip
14
JICPT| Chewy bullish setup with target of 120! Hello everyone. I just identified a nice bullish setup of Chewy on the daily chart. Let's look at the higher timeframe first. Weekly: Price is trying to challenge the upper boundary of the range. Once it firmly closed above $92, the target would be previous high of 120 using measured move tactics. Daily: The uptrend channel has been respected well. The wick candle of yesterday indicated buying pressure inside the demand zone. This is a brief multi-timeframe analysis. I don't go to lower timeframes, e.g. 60m. Give me a like if you're with me. Thanks for your support.
NYSE:CHWYLong
by JICPT
4
SP500 ready for a new ATH 🦐 After our last analysis, SP500 reached the 4400 level as expected. The price is now consolidating in a range above the previous highs and we can expect a fresh new high. According to Plancton Strategy if the price will break above we can set a nice long order. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:SPX500USDLong
by InkyGrip
19
Tesla Hasn’t Done This in YearsOnce upon a time, Tesla was a fast-moving growth stock. But those days could be in the rearview mirror. This chart highlights Bollinger Band Width and Historical Volatility on the electric car maker. Notice how Band Width is under 8 percent – its tightest since February 2018. Historical volatility has dipped back to May 2020 levels as TSLA pushed against previous highs before breaking out. Separately, TradeStation data shows that implied volatility on the company’s options is near 45 percent, about half its reading in mid-May. Taking a longer look back, it might elicit a sense of Déjà vu because TSLA did something similar in 2013 and early 2014. That time, it broke out and rallied about 550 percent over roughly 47 weeks. This time around (starting in late 2019), the shares ran 1,100 percent over 53 weeks. Prices proceeded to consolidate for 5-1/2 years after that initial run. While it can be frustrating, some stocks simply behave this way (especially growth stocks): They price in years of growth in a few quarters and then drift – confounding bulls and bears alike. Given the similar price action between late 2019 and early 2021, this could be happening again in TSLA. It may suggest that TSLA’s agonizingly price range is the new normal. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
NASDAQ:TSLA
by TradeStation
1
GBPCHF testing a weekly support 🦐GBPCHF on the daily chart is breaking the range move between the resistance at 1.27900 and the support at 1.25750. The price is now testing a weekly support and according to Plancton's strategy if the market will break below we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
12
July 6th 2021 BitcoinHello guys, Jim Carrey is known for executing a successful habit in a daily basis. In 1985 Jim Carrey used to be a bit part actor he wrote himself a 10 million dollar check and dated it 10 years later. Call it a coincidence, 10 years later in November 1995, he found out he was cast in the movie Dumb and Dumber for — you guessed it — $10 million. I'm a huge believer of the R=VD equation and it has totally changed my life. So what's this R=VD equation? It is said that if one dreams vividly, there is a high chance of it becoming true, like Jim Carrey. I'm 1Percent and I will be your companion from now on to achieve the top 1% and share quality information such as investment mindset, strategies, stocks and crypto technical analysis . The power of dreaming is POWERFUL and should not be underestimated. I believe that we are in the Golden age of opportunity with crypto and I will go through this journey with you together . Now let's take a look at the Bitcoin chart which could help us look at the general direction of the crypto market. Using the Elliott wave theory, we've recently seen a beautiful bounce from 28808 composed of 5 waves which could either mean that we're in a trend reversal or a technical bounce. Since we saw a 5-3-5 we are either done with a technical bounce or in our 4th wave before the 5th. We've seen a rejection of the blue trend line in the red resistance zone which gives the bears the advantage for now. There are major hurdles for the bulls until we reclaim the weekly high. We will have to see if the key levels hold and if we start breaking 30173 and ultimately 28808 I will be looking much lower. Again, for those that are looking into getting into swing positions, this is a no trade zone. I personally would wait for a confirmation to the upside or downside after getting out of last week's range. We'll get a clearer picture of the bigger picture once we do so. Stay safe out there and always keep your stop losses if you're trading. Keep your dreams real. 1PERCENT
BITMEX:XBTShort
by RVD_ONEPERCENT
Range trading: Forex as for 05/07/2021 Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1811 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.1782 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.1753 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1909 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1938 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1967 GBPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.3751 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.3718 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.3685 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3902 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3936 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3969 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 110.66 Long position 2 (The price today will not fall below this mark with a probability 95%) 110.49 Long position 3 (The price today will not fall below this mark with a probability 99%) 110.33 Short position 1 (The price today will not rise above this mark with a probability of 68%) 111.48 Short position 2 (The price today will not rise above this mark with a probability of 95%) 111.64 Short position 3 (The price today will not rise above this mark with a probability of 99%) 111.81 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
by Trade24Fx
Range trading: Cryptocurrencies as for 05/07/2021Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 32899 Long position 2 (The price today will not fall below this mark with a probability 95%) 31890 Long position 3 (The price today will not fall below this mark with a probability 99%) 30882 Short position 1 (The price today will not rise above this mark with a probability of 68%) 36475 Short position 2 (The price today will not rise above this mark with a probability of 95%) 37484 Short position 3 (The price today will not rise above this mark with a probability of 99%) 38492 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 2135.94 Long position 2 (The price today will not fall below this mark with a probability 95%) 2068.17 Long position 3 (The price today will not fall below this mark with a probability 99%) 2000.41 Short position 1 (The price today will not rise above this mark with a probability of 68%) 2432.58 Short position 2 (The price today will not rise above this mark with a probability of 95%) 2500.35 Short position 3 (The price today will not rise above this mark with a probability of 99%) 2568.11 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.6303 Long position 2 (The price today will not fall below this mark with a probability 95%) 0.5904 Long position 3 (The price today will not fall below this mark with a probability 99%) 0.5506 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.7382 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.7781 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.8180 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
BITSTAMP:BTCUSD
by Trade24Fx
EURCAD possible scenarios 🦐EURCAD after the test of the weekly support has started a range trading between 2 structures near to a strong monthly trendline (purple one) According to plancton's strategy we will wait for the break of one of the 2 structures to consider a position in the market. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
2
Profit while BTC is -40%? This is the strategy: +44% on spotPlenty of traders are struggling to trade the choppy ranging market of the past couple of months. Especially as it comes after an "up only!!!" period where making a mistake was an exception and (at least some) success the rule. Wicks and stops hunting are not making it easier. We always speak about preparing the strategy for the next leg, but traders still don't use data and help. This is an example of how you do it and create a strategy where when Bitcoin is -40% down, you're comfortably +44% in profit. WILL POST EVERY POSITION OPEN/CLOSE TIME AND RETURN OVER 6 MONTHS BELOW The strategy goals: Any strategy you're running needs to be profitable in different market conditions. It's fine if it particularly successful under particular ones, but it should not be a dud in the long run. So we're going to pose quite a challenge for ourselves: 1. Winning strategy on spot in the past 3 months (March to June) while Bitcoin is down 40% 2. Beat buy and hold over 6 months - we need to have a sufficient sample of trades. The majority of gains on Bitcoin happened before the start of the year so we are looking at Dec-Jun 3. Make more than 100% during a year. Obviously this will be a range based strategy so trading it in a parabolic bull market is not the wisest. However we need to see longer term success to validate the idea. The strategy: We'll be using one on of the simplest indicators in range trading - Bollinger Bands. We do need to make the classic set up more responsive by reducing the periods and standard deviation. On account of this we will include ATR (Average True Range) which is a great measure of volatility. If it's not present we don't want to be exposed. You want the opposite in parabolic markets. On the 1 hour chart we: - Will open a position when price is crossing up BB_LOWER (period: 15, standard deviation: 1) AND ATR (14) is up by 9% in last day - Will close a position when price is crossing down BB_UPPER (period: 15, standard deviation: 1) AND ATR(14) is down by 1% in last hour No stop loss or take profit - the strategy rules are respected 100% of the time. The reduced period and standard deviation on the Bollinger Bands match what you see on the chart here. The results: The marriage between Bollinger Bands and ATR is working quite well in ranging markets. Bollinger Bands signal low/high prices while ATR gives you a hint of volatility. It wins about 56% of positions, but the profits are on average 2:1 to the loss which is ideal. In fact this strategy: 1. Convincingly beat the -40% market in the past 3 months, with profits of +44% 2. Made 86% in the past 6 months, while just holding Bitcoin would have brought you 39.9% 3. Profited +136.5% over the year. Again we do recommend adjusting your strategy to the conditions, but this gives us a large enough sample of trades to validate the idea. Even max drawdown over the last 3 months was only 9%. That and profits is a wonderful position to be in in a market that's ruled by fear. The positions (last 6 months): 22/06/2021 16:00 22/06/2021 23:00 7 hours OP 31,708 +2.76% Still in position 21/06/2021 14:00 22/06/2021 05:00 15 hours OP 33,152 CP 32,911 -0.728% 19/06/2021 00:00 19/06/2021 17:00 17 hours OP 35,820 CP 35,889 +0.192% 08/06/2021 08:00 09/06/2021 01:00 17 hours OP 32,967 CP 32,886 -0.244% 06/06/2021 00:00 06/06/2021 03:00 3 hours OP 35,516 CP 36,130 +1.73% 04/06/2021 13:00 05/06/2021 04:00 15 hours OP 36,880 CP 37,410 +1.44% 01/06/2021 14:00 02/06/2021 20:00 1 day OP 37,037 CP 37,885 +2.29% 28/05/2021 13:00 30/05/2021 21:00 2 days OP 36,590 CP 36,050 -1.48% 23/05/2021 20:00 24/05/2021 17:00 21 hours OP 33,047 CP 37,357 +13% 19/05/2021 15:00 21/05/2021 02:00 1 day OP 37,502 CP 41,428 +10.5% 16/05/2021 02:00 18/05/2021 04:00 2 days OP 48,060 CP 44,775 -6.84% 13/05/2021 06:00 14/05/2021 13:00 1 day OP 50,884 CP 50,311 -1.13% 10/05/2021 23:00 11/05/2021 11:00 12 hours OP 56,230 CP 55,842 -0.69% 09/05/2021 06:00 10/05/2021 07:00 1 day OP 58,447 CP 58,834 +0.663% 03/05/2021 18:00 05/05/2021 20:00 2 days OP 57,959 CP 57,136 -1.42% 29/04/2021 07:00 30/04/2021 11:00 1 day OP 54,373 CP 54,165 -0.383% 26/04/2021 00:00 26/04/2021 09:00 9 hours OP 49,067 CP 52,584 +7.17% 23/04/2021 11:00 23/04/2021 22:00 11 hours OP 49,457 CP 50,298 +1.7% 18/04/2021 13:00 19/04/2021 06:00 17 hours OP 54,947 CP 56,500 +2.83% 14/04/2021 17:00 16/04/2021 00:00 1 day OP 63,485 CP 63,159 -0.514% 11/04/2021 00:00 14/04/2021 13:00 4 days OP 59,769 CP 63,871 +6.86% 07/04/2021 06:00 08/04/2021 10:00 1 day OP 58,286 CP 56,676 -2.76% 04/04/2021 03:00 05/04/2021 21:00 2 days OP 57,363 CP 58,773 +2.46% 31/03/2021 13:00 01/04/2021 02:00 13 hours OP 58,160 CP 59,140 +1.68% 30/03/2021 05:00 30/03/2021 15:00 10 hours OP 57,567 CP 58,866 +2.26% 25/03/2021 05:00 26/03/2021 03:00 22 hours OP 52,252 CP 51,697 -1.06% 21/03/2021 14:00 23/03/2021 19:00 2 days OP 57,022 CP 55,365 -2.91% 15/03/2021 14:00 16/03/2021 17:00 1 day OP 56,856 CP 55,658 -2.11% 11/03/2021 11:00 12/03/2021 20:00 1 day OP 55,531 CP 56,942 +2.54% 08/03/2021 11:00 09/03/2021 08:00 21 hours OP 50,061 CP 53,547 +6.96% 04/03/2021 01:00 06/03/2021 00:00 2 days OP 50,894 CP 48,747 -4.22% 28/02/2021 20:00 01/03/2021 06:00 10 hours OP 44,403 CP 46,200 +4.05% 27/02/2021 00:00 27/02/2021 03:00 3 hours OP 46,277 CP 47,375 +2.37% 26/02/2021 04:00 26/02/2021 19:00 15 hours OP 47,331 CP 47,317 -0.0301% 21/02/2021 00:00 24/02/2021 07:00 3 days OP 55,841 CP 50,109 -10.3% 20/02/2021 11:00 20/02/2021 20:00 9 hours OP 55,895 CP 56,975 +1.93% 16/02/2021 19:00 18/02/2021 02:00 1 day OP 48,617 CP 52,132 +7.23% 15/02/2021 01:00 16/02/2021 07:00 1 day OP 48,764 CP 49,021 +0.527% 04/02/2021 13:00 13/02/2021 07:00 9 days OP 37,619 CP 47,728 +26.9% 01/02/2021 17:00 03/02/2021 00:00 1 day OP 33,461 CP 35,473 +6.01% 27/01/2021 20:00 30/01/2021 16:00 3 days OP 30,732 CP 34,210 +11.3% 26/01/2021 02:00 26/01/2021 21:00 19 hours OP 32,754 CP 31,987 -2.34% 20/01/2021 14:00 22/01/2021 13:00 2 days OP 34,959 CP 31,550 -9.75% 15/01/2021 22:00 17/01/2021 19:00 2 days OP 36,234 CP 35,677 -1.54% 10/01/2021 23:00 12/01/2021 09:00 1 day OP 38,430 CP 35,773 -6.91% 08/01/2021 22:00 09/01/2021 16:00 18 hours OP 40,076 CP 40,525 +1.12% 08/01/2021 04:00 08/01/2021 18:00 14 hours OP 38,347 CP 41,009 +6.94% 03/01/2021 21:00 05/01/2021 16:00 2 days OP 33,726 CP 32,100 -4.82% 27/12/2020 19:00 28/12/2020 16:00 21 hours OP 27,063 CP 26,916 -0.541% 24/12/2020 06:00 24/12/2020 10:00 4 hours OP 23,050 CP 23,348 +1.29%
Education
by CleoFinance
1