Watchlist - Nov 17, 2024Here’s my weekend watchlist from the passive screener. The list is short, as many stocks have already made their swing moves higher. Both the market and some stocks show temporary indication of exhaustion, so it might be a good idea to be selective.
Bullish List: PLCE
Bearish List: UPST, SMLR, AMSC
SCAN
Metahero (HERO) Will Grow! A Revolutionizer In Gaming The metaverse trend will be a trend throughout the rest of this decade and we haven't even left the start line. Facebook changing it's company name to "Meta" is only the beginning. Metahero is Ultra-HD metascanning technology that scans your physical body into the metaverse. You can even make an NFT of your "metaself." They're technology will revolutionize the gaming world and they have a working product in use. Recently they have scanned over 300 people transferring them to the metaverse in a live event in Dubai.
Metahero is at $0.15 cents with less than a billion dollar market cap at $893,026,038. This is a multi-billion dollar market cap in the future of metaverse gaming. Keep this on your radar and do research! The metaverse trend will only continue to grow in cryptocurrency. Much love! They have a nice uptrend on the charts.
Support: $0.11 cents
Resistance: $0.17 cents
+2.19% Is Why You Should Scan THOROUGH The Day!!- 06/02/20 RECAPHi traders,
Tuesday came with nice and somewhat "predictable" setups but I had to be on top of my game thorough the day and scan outside my initial Watchlist.
Do you also scan or do you stick to your initial tips the whole day?
Trades:
1) C - LONG @51.01, -0.69%
2) PFE - LONG @35.81, +1.05%
3) CRWD - SHORT @92.79, +1.84%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +2.19%
Total PnL for the week: +3.56%
Good trades,
Tom | FINEIGHT
The Top 10 - Cryptocurrency Market Cap - 11th November 2018I give my view about what I'm seeing on the chart's and certain things I'm looking for in order to take trades.
There doesn't seem to be anything too spactacular (lol realised I can't speak english after rewatching this)
If yoi're interested in learning the methods I use to scan, take trades and the strategies I use, visit www.tradercobb.com
Peace :)
Daily Scan routine. Describing my daily scan routine. Also, I go over a couple recent trades I have taken, and why I decided to enter into the trade.
XAU/USD PitchFork MADNESSOn this chart I drew the forks on the main swings, as i was looking at the chart all this fibonacci wooowooo became clearer and clearerer.... btw we looove the wooowooo.
You are probably looking at some of these fib values and wondering where they come from or if I just made them up to suit me. NO!
My mentor backtested all of these over 15 years and thousands of charts and i am eternally grateful for that.
The circled points are the main Energy points that jumped out to me, but thats definitely not all of them.
The Green Horizontal lines are overlaps of up to 6 different Support&Resistance in combination with Fibonacci values. Again these INS lines are not random, they are S&R that is being calculated based on previous day price action, so as of monday they will change again but we do see some nice reverse compliance over the past.
This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance.
NEW PARADIGM Introduction Learn how to trade in the new paradigm and save yourselfe a big Head ache.
Once mastered this way of trading allows for a much healthier psychology.
Its not about the amount of pips gained, but the pip value. Here in new Paradigm we maximise this value by keeping VERY tight stops and can therefor make up to 10x the profit of the same amount of pips caught.
I will be sharing ideas in the future so you see what i mean.
This UJ chart is a perfect example of the precision pitch forks give us. Initially this may look confusing and you might ask yourself how do I know where to enter, is it a buy or a sell etc... its a Learning process, there are Tools to confirm this and the more trades you take the more you learn.
Follow me and you will never go back to these 50pip S/L trades that have your account in drawdown for hours/days.
Any questions feel free to hit me up.
Outstanding setup --Flat MA--Really loving what we have here!
Top side resistance on RSI just broken. Look for MACD zero crossing.
Notice how the 100MA is flat. Often times when a flat MA is broken, along with top side RSI resistance break, an expolsive move follows.
If you agree please leave a like.
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Comments are always welcome
:)
Swing Idea --Not positive--Not too positive on this one.
Look for RSI to break the green level. MACD should soon follow with a zero crossing buy signal.
Volume should confirm any entries, do not buy into volume anomalies.
If you agree please leave a like.
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Comments are always welcome
:)
Sentiment Wigi: Closing Score with Volume KickOne of the great advantages to TradingView is the opportunity to see the market through many different individual’s unique perspectives. Each new perspective offers the opportunity to gain some additional insight and thus advantage. The concept being explored in this indicator is the disclosure of the sentiment of the traders in control of the current price action. If we can accurately determine trader’s sentiment, we can determine where the market will go next. Maybe not tomorrow, but eventually.
The Range of the day, sometimes referred to as the “True Range” is divided into 100 equal segments. You can then determine a Closing Score for the close of the day by determining where on this range, 0 – 100, the closings occurred. The pine script code for that calculation is: CS100 = (((close-low) / (high-low) *100.
Anything above 70 indicates a strong close and positive trader sentiment. A close around 100 or very close to it, is so strong that it can actually indicate the end of a run, and thus has the potential to be a contrarian indicator.
Any close below 30 indicates a weak close and negative trader sentiment. Close’s, close to or at zero indicate very negative sentiment and just as a close at 100 can be counter intuitive a close at zero often indicates exhaustion within the traders of this equity, and you can see prices climb from this point forward about 50% of the time.
The negative close scores (less than 50) are inverted to produce the same length of the bars as the positive scores (greater than 50).
Inputs for this indicator, “UPPER CLOSING SCORE TRIGGER” and “LOWER CLOSING SCORE TRIGGER” allow for the user to determine where positive and negative signals are cutoff. I set them at 70 for the positive indicator and 30 for the negative indicator. Neutral numbers, those ranging between 31 and 69 do not provide enough certainty to help assist in your trading decisions.
I consider volume to be the second most important feedback from the markets that we, as traders have the opportunity to view, second only to price. For this reason the only columns that are drawn is when the volume is greater than the Average Daily volume (ADV). This is a very simple calculation (VxCNT = (V/VOLMA) and provides a factor that the Closing Score is multiplied by. Thus, each column drawn on the chart displays the Closing Score multiplied by a volume factor that is obtained by dividing the Volume Mov Avg by todays Volume. There is also an input to adjust this parameter as well and is titled “EMA Length To Calculate Lookback.”
If you want to liberalize the threshold at which volume is considered you can accomplish that in two ways. Change the length of the VOLMA in inputs and adjust the input titled “VOLTEST.” VOLTEST is currently set at (1) and this produces a simple test: is todays Volume above the current Vol Mov Avg? Any number less than 1 such as 0.95 would allow you to consider volumes that are close to, but not above the current Vol Mov Avg.
The Closing Score is plotted as Columns with the longer bar behind it providing the added strength that you can infer from that Vol of that day.
Soon I hope we will be able to scan for stocks meeting specific conditions. Here is what I will be scanning for using this indicator. When you see several strong green bars as a stock’s prices is declining, you have a good candidate to watch closely to see a strong reversal.
Small boxes along the blue zero line indicates if any of the following three conditions have appeared. White boxes indicates Dojis, Red boxes indicates a close, very close to zero and a green box indicates the close was close to 100.