Polygon (MATIC) About To Set New All Time HighsPolygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong narratives that will continue to grow through out 2022.
As of right low local support is at $2.40 -$2.50. A lot of accumulation happening around $1.85 - $2.00.
Scale
How To Square Scale Lock Chart For Gann ToolsPlease comment with additional suggestions or feedback if you are experienced with using advanced Gann squared methods.
The squaring of price and time was one of the most important and valuable discoveries that Gann ever made. In his trading course he stated “if you stick strictly to the rule, and always watch when price is squared by time, or when time and price come together, you will be able to forecast the important changes in trend with greater accuracy.”
The squaring of price with time means an equal number of points up or down, balancing an equal number of time periods.
By illustrating angles inside a range, the trader can visualize how the range has been squared.
Avalanche (AVAX) Looking to Hit $90 Avalanche has been on a rampage and has held up very well since July 21st. Avalanche is currently in price discovery and it has the potential to hit $90 in the coming weeks with the trend it's currently been on. The Fibonacci level of 1.618 is the next destination for price at around $91.
Current Support Zone: $61-$64
Current Resistance: $72.75
Issue with tradingviews lock scale feature/functionIssue with tradingviews lock scale feature/function. the video shows it all. this issue happens randomly. I submitted a ticket also. this video is for tradingview staff
Detail text in video:
Hi!, this video is for tradingview.
This video demonstrates the issues I have been having with the "Scale" setting. For some reason the chart will lose its ability to hold or lock scale.
If you zoom in and out (thinking the scale is locked, as it shows its locked).
This is a bug in tradingview, it does not always behave this way. This issue occurs randomly, im not sure what it causing it.
Please, tradingview could you look at this? Also, I have also noticed that changing from dark to light themes causes a issue with the scale coming unlocked. Thats pretty repeatable.. That is not this issue.
This issue is random and very annoying. You have to close the program/browser to fix it.
Its been doing this this since I subscribed.. At first I thought it was my error, but it is not. When you chart everything out and then the scale gets all messed up and you have to take the time to rescale everything, it gets a bit old after the 100th time..
Weekly Trade Recaps: CADJPY, AUDNZD, LTCUSD December 27 2020
Hello everyone:
Merry Christmas and Happy New Year.
Last week was somewhat quiet as we had Christmas holiday going into the weekend.
Quick going over my current positions from last week, did enter a scale in position, and that was it. There was 1 miss trade that I did not take.
CADJPY - First trade running about 2%. SL at 1:1 RR. Second trade scaled in.
AUDNZD - Running about 4% in profit. Set my SL at 3:1 RR. Happy to see the trade goes either way, either hit my SL or continue higher and break previous highs. Then I would look for continuation correction to scale in.
LTCUSD - Missed trade. Did like the overall price action, but did not have the chance to enter.
Any questions, comments or feedback please let me know.
Thank you
Jojo