Dark red = high risk Light red = medium risk Light blue = lower risk Dark blue = lowest risk & high reward potential Fibonacci rings = curved support/resistance. Price often pivots when price pushes past a ring.
Reading charts is just one part of trading a bear market, another highly significant part is a solid understanding of market psychology, heuristics and biases. Having spent 14 years in a QE fuelled bull market where there were few inexplicable events and certainly no major forced liquidation events, it is easy to understand why so many participants get so excited...
✅USD_CAD went up sharply But a strong resistance level was hit Thus I am expecting a pullback And a move down towards the target SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Price, after the breakout of the pattern, continued the uptrend.
Price At A Key Level Complimented By The 1HR & 12HR
Are we close to the equity bottom or it just started its way down? in the last financial crisis/bubble Spy pulled back from the heights over 50%, at the moment we are still siting at around -23% . So if we will repeat history movies then we should find a bottom at around 233 right where 2018-2019 bottom was. worth to mention that each time when SPY dropped over...
Long-term BTC idea look at the RSI but also look at the momentum of each cycle
Lors des recessions de ce siecle, on a atteind le même niveau sur le S5TH Lorsqu'atteins une première fois, on avait "effectué" la moitié de la récession
With the market in a funk these are the 5 signals I am watching to see how badly the market fabric is tearing.
15m head n shoulder At area of resistance looking to short down almost 100 pips great risk to reward setup hopefully looking to come down to good level of support
Just a geometric observation about VIX... IF this is going to play out, then we are due for a volatile second half of 2022! Particularly, late August onwards. Anything in the next two months just might be a preview. Hold on to your pants!!!
Solana network has had at least five complete or partial outages or service disruptions The $100 million funds are intended to support gaming and DeFi startups Solana’s study has been released by a firm that provides Process Quality Reviews (PQRs) for crypto and decentralized finance (DeFi) platforms, which was highly critical. “Due to repeated downtime, Solana...
Fundamentals: + Exposure to "Risk-Off" Utilities. + Biggest E.U nuclear power operator. (52% of E.U Nuclear power comes from plants run or used by EDF) + Need for upsizing given the Russia-Ukraine commodity constraints. Opinion: EDF is undervalued at its current price. As the situation with Russia deteriorates, as an energy partner; a "Risk-Off" idea, presents...
The traders who learn to view and think about trade setups in terms of risk/reward are the ones who end up making consistent (albeit massive) amounts of money. My personal strategy looks something like this: Using the 4-minute chart as the earth rotates 1 degree every 4 minutes. 𓃭 0.50% stop-loss measurement 𓃭 1/2 profits at 1.30% level and move stop to...
In the world of trading, do you know what a Rw/Rs (Reward to Risk) ratio is? if you dont this article will be beyond your understanding. I suggest you read up on Reward to Risk ratio & come back to read this. If you do know what a Rw/Rs ratio & assume most of you do, we can continue our merry trade discussion ;D My Rw/Rs ratio for Swing trades that i take on a...
The chart: Shows an index average for SPX, NAS and DOW using rescaled CFD and futures prices. Indicator is a momentum oscillator (midline) with an envelope much like a Bollinger band. The paradox: The consensus is the chart is a picture of 'doom' (as bearish as it gets). At the same time, every trader in the chat room was bullish on the upcoming...
Recent price action in EUR/USD Highlights potential risk in holding trades over the weekend. Your Online Broker has no control over the war in Ukraine if the ship goes down you're going with it. don't get Gapped out of the market!