TERM
ChFJPY Sell short termHi All,
following on from our last analysis on this pair, we can see price now forming a rising wedge and we have now completed a LH on D1, our bais is still bearish with caution as JPY fundamentally is not in the right path!.
With that been said we are looking at buy JPYs in the short term which means we will be bearish other currencies against the JPYs. There's not alot of correlations but i can see smiliar patterns across board with the exception of UJ and GJ.
Entry and sl marked.
Like follow and share.
many thanks
BITCOIN FUTURE PRICE BULLISH🔋🔋Market moves in waves (hence the name), basically WaveEdge is a support to help you analyse market PA. Its not a plain and simple signal indicator, it requires some input from the user. First you define the trend you're in and the timeframe you want to trade. My take is that we are in a strong momentum uptrend and I'm looking to trade medium term, that's why I was looking for green crosses on the medium term timeframe 12hr-1D. On the long term (weekly) timeframe we can see triangles showing up, hence why I believe we're in a strong uptrend.
My precious-s-s-s EPSIn the previous post , we began looking at the Income statement that the company publishes for each quarter and year. The report contains important information about different types of profits : gross profit, operating income, pretax income, and net income. Net income can serve both as a source of further investment in the business and as a source of dividend payments to shareholders (of course, if a majority of shareholders vote to pay dividends).
Now let's break down the types of stock on which dividends can be paid. There are only two: preferred stock and common stock . We know from my earlier post that a stock gives you the right to vote at a general meeting of shareholders, the right to receive dividends if the majority voted for them, and the right to part of the bankrupt company's assets if something is left after paying all debts to creditors.
So, this is all about common stock. But sometimes a company, along with its common stock, also issues so-called preferred stock.
What advantages do they have over common stock?
- They give priority rights to receive dividends. That is, if shareholders have decided to pay dividends, the owners of preferred shares must receive dividends, but the owners of common shares may be deprived because of the same decision of the shareholders.
- The company may provide for a fixed amount of dividend on preferred shares. That is, if the decision was made to pay a dividend, preferred stockholders will receive the fixed dividend that the company established when it issued the shares.
- If the company goes bankrupt, the assets that remain after the debts are paid are distributed to the preferred shareholders first, and then to the common shareholders.
In exchange for these privileges, the owners of such shares do not have the right to vote at the general meeting of shareholders. It should be said that preferred shares are not often issued, but they do exist in some companies. The specific rights of shareholders of preferred shares are prescribed in the founding documents of the company.
Now back to the income statement. Earlier we looked at the concept of net income. Since most investments are made in common stock, it would be useful to know what net income would remain if dividends were paid on preferred stock (I remind you: this depends on the decision of the majority of common stockholders). To do this, the income statement has the following line item:
- Net income available to common stockholders (Net income available to common stockholders = Net income - Dividends on preferred stock)
When it is calculated, the amount of dividends on preferred stock is subtracted from net income. This is the profit that can be used to pay dividends on common stock. However, shareholders may decide not to pay dividends and use the profits to further develop and grow the company. If they do so, they are acting as true investors.
I recall the investing formula from my earlier post : give something now to get more in the future . And so it is here. Instead of deciding to spend profits on dividends now, shareholders may decide to invest profits in the business and get more dividends in the future.
Earnings per share or EPS is used to understand how much net income there is per share. EPS is calculated very simply. As you can guess, all you have to do is divide the net income for the common stock by its number:
- EPS ( Earnings per share = Net income for common stock / Number of common shares issued).
There is an even more accurate measure that I use in my analysis, which is EPS Diluted or Diluted earnings per share :
- EPS Diluted ( Diluted earnings per share = Net income for common stock / (Number of common shares issued + Issuer stock options, etc.)).
What does "diluted" earnings mean, and when does it occur?
For example, to incentivize management to work efficiently, company executives may be offered bonuses not in monetary terms, but in shares that the company will issue in the future. In such a case, the staff would be interested in the stock price increase and would put more effort into achieving profit growth. These additional issues are called Employee stock options (or ESO ). Because the amount of these stock bonuses is known in advance, we can calculate diluted earnings per share. To do so, we divide the profit not by the current number of common shares already issued, but by the current number plus possible additional issues. Thus, this indicator shows a more accurate earnings-per-share figure, taking into account all dilutive factors.
The value of EPS or EPS Diluted is so significant for investors that if it does not meet their expectations or, on the contrary, exceeds them, the market may experience significant fluctuations in the share price. Therefore, it is always important to keep an eye on the EPS value.
In TradingView the EPS indicator as well as its forecasted value can be seen by clicking on the E button next to the timeline.
We will continue to discuss this topic in the next publication. See you soon!
Gold Price Prediction at the Announcement of CPI Data ReleaseSo I predict that there will be a bounce towards the price of 1880, after that whether immediately or slowing down, Gold will decline again. The profit target is at the price of 1776.
Note: Remember, this is not financial advice. Always follow your own analysis. Thank you and good luck.
BTC long term new cycle 1DBTC - Long term on logarithmic scale. See for yourself :)
Lower red line is support line dating back 2011!
Upper red line is resistance line dating back Oct 2021.
Blue vertical lines showcases the cyclical behaviour of BTC.
Another very insightful overview can be seen when applying the fibonacci time zone. Please check it out as well.
Don't forget to do your own research.
Please support this idea if you liked it :)
And always be careful <3
EURUSD - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
EURUSD is overall bullish trading inside the rising red channel and now sitting around the lower trendline so we will be looking for buy setups on lower timeframes.
on M30: Right Chart
EURUSD is forming an inverse head and shoulders pattern but it is not ready to go yet.
🏹Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, EURUSD can still trade lower.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold analysis of Nov 2022 TF Week (short- to long-term)Gold made the triple bottom at 1618 in the past two months. Recently, the price has reverse to 1772 as the negative CPI data and the inflation rate is lower than expected. This price action confirms the end of Wave C.
Short-term analysis
After the gold price has a sharp rally over 100 usd in last week, it is expected to have correction next week from 1772 (wave 1 green), but still in an uptrend. However, it should not drop below 1680 (wave 2 green).
Tradi ng strategy:
Sell 1772-1802
TP 1766/1758/1747
SL set according to your margin (probably hit 1806)
Medium-term analysis
It is necessary to wait for a confirmation signal from a pullback to wave 2 green, which should not fall below 1680 (wave 2 green). Then, it would be great chance to open long/buy positions.
In contrast, if gold has pullback lower than 1680, it has a chance of a bearish reversal, which means that this strong rebound (at 1772) is just a market correction. It may result in the price of gold continuing to decline in the long term (red wave)
Long-term analysis
1st scenario, if gold keep it rising trend, the price action can made a new high (> 2070) following to green wave (5)
2nd scenario, if gold reverses to a downtrend, we might see great drop to 1302 following to red wave (5). Regard to the "Gold price prediction chart pattern" my long term analyzed on March 30, 2022 (see more detail in attached link).
XFT Long for 2023-2025Hi,
I would like to share some gems that I think are good bets.
This is the chart with ETH pair, so price in USD may differs a bit.
The 1st support is roughly at $0.30, that it's the current bottom. If the price will ever get here again, I will buy massively.
The 2nd and 3rd support are respectively at roughly $0.80 and $1. The price, considering BTC movements and volatility may rebounce at these levels.
The 1st 2nd and 3rd resistance are respectively at $2, $2.75 and $4.
My entry is at $0.50
Exit gradually from $3
Why am I bullish?
- Product release in Q1
- Tokenomics is strictly linked with the cashflow: more inflow into the platform -> Buy pressure -> price goes up (and viceversa).
This is one of my long-term bag for the bullrun (that I think will happen and peak in 2024). I'm not trading it, but I'm HOLDING it.
PS: I will update here time to time with comments.
The income statement: the place where profit livesToday we are going to look at the second of the three main reports that a company publishes during the earnings season, the income statement. Just like the balance sheet, it is published every quarter and year. This is how we can find out how much a company earns and how much it spends. The difference between revenues and expenses is called profit . I would like to highlight this term "profit" again, because there is a very strong correlation between the dynamics of the stock price and the profitability of the company.
Let's take a look at the stock price charts of companies that are profitable and those that are unprofitable.
3 charts of unprofitable companies :
3 charts of profitable companies :
As we can see, stocks of unprofitable companies have a hard enough time growing, while profitable companies, on the contrary, are getting fundamental support to grow their stocks. We know from the previous post that a company's Equity grows due to Retained Earnings. And if Equity grows, so do Assets. Recall: Assets are equal to the sum of a company's Equity and Liabilities. Thus, growing Assets, like a winch attached to a strong tree, pull our machine (= stock price) higher and higher. This is, of course, a simplified example, but it still helps to realize that a company's financial performance directly affects its value.
Now let's look at how earnings are calculated in the income statement. The general principle is this: if we subtract all expenses from revenue, we get profit . Revenue is calculated quite simply - it is the sum of all goods and services sold over a period (a quarter or a year). But expenses are different, so in the income statement we will see one item called "Total revenue" and many items of expenses. These expenses are deducted from revenue gradually (top-down). That is, we don't add up all the expenses and then subtract the total expenses from the revenue - no. We deduct each expense item individually. So at each step of this subtraction, we get different kinds of profit : gross profit, operating income, pretax income, net income. So let's look at the report itself.
- Total revenue
This is, as we've already determined, the sum of all goods and services sold for the period. Or you could put it another way: this is all the money the company received from sales over a period of time. Let me say right off the bat that all of the numbers in this report are counted for a specific period. In the quarterly report, the period, respectively, is 1 quarter, and in the annual report, it is 1 year.
Remember my comparison of the balance sheet with the photo ? When we analyze the balance sheet, we see a photo (data snapshot) on the last day of the reporting period, but not so in the income statement. There we see the accumulated amounts for a specific period (i.e. from the beginning of the reporting quarter to the end of that quarter or from the beginning of the reporting year to the end of that year).
- Cost of goods sold
Since materials and other components are used to make products, accountants calculate the amount of costs directly related to the production of products and place them in this item. For example, the cost of raw materials for making shoes would fall into this item, but the cost of salaries for the accountant who works for that company would not. You could say that these costs are costs that are directly related to the quantity of goods produced.
- Gross profit (Gross profit = Total revenue - Cost of goods sold)
If we subtract the cost of goods sold from the total revenue, we get gross profit.
- Operating expenses (Operating expenses are costs that are not part of the cost of production)
Operating expenses include fixed costs that have little or no relation to the amount of output. These may include rental payments, staff salaries, office support costs, advertising costs, and so on.
- Operating income (Operating income = Gross profit - Operating expenses)
If we subtract operating expenses from gross profit, we get operating income. Or you can calculate it this way: Operating income = Total revenue - Cost of goods sold - Operating expenses.
- Non-operating income (this item includes all income and expenses that are not related to regular business operations)
It is interesting, that despite its name, non-operating income and operating income can have negative values. For this to happen, it is sufficient that the corresponding expenses exceed the income. This is a clear demonstration of how businessmen revere profit and income, but avoid the word "loss" in every possible way. Apparently, a negative operating income sounds better. Below is a look at two popular components of non-operating income.
- Interest expense
This is the interest the company pays on loans.
- Unusual income/expense
This item includes unusual income minus unusual expenses. "Unusual" means not repeated in the course of regular activities. Let's say you put up a statue of the company's founder - that's an unusual expense. And if it was already there, and it was sold, that's unusual income.
- Pretax income (Pretax income = Operating income + Non-operating income)
If we add or subtract (depending on whether it is negative or positive) non-operating income to operating income, we get pretax income.
- Income tax
Income tax reduces our profit by the tax rate.
- Net income (Net income = Pretax income - Income tax)
Here we get to the income from which expenses are no longer deducted. That is why it is called "net". It is the bottom line of any company's performance over a period. Net income can be positive or negative. If it's positive, it's good news for investors, because it can go either to pay dividends or to further develop the company and increase profits.
This concludes part one of my series of posts on the Income statement. In the next parts, we'll break down how net income is distributed to holders of different types of stock: preferred and common. See you soon!
$SHOP call 👀📈I've used a few tools and indicators to predict Shopify share price over the next couple weeks
Not investment advice
I believe SHOP is massively undervalued, with some exciting projects coming soon. We saw an ATH @ around $172 in Nov 2021, and since then the price has dropped around by over 4x less, to about $40. This is around $15 above the ATL.
However, £SHOP is also vulnerable to external factors, and as we saw in the news, Russia has apparently attacked Poland, which could be massive news for the market - a lot of investors will get spooked and sell shares. Shopify relies on online purchases, so there is both an advantage and a disadvantage for them.
Another factor I've spotted which I believe is great for the long term potential of $SHOP is the growth in ecommerce sales and the number of people starting ecommerce businesses. The recent downward economy has forced a lot of businesses to go online, growing the customer base and number of businesses that operate online. As we already know, ecommerce is booming already, but Statista predicts that global ecommerce sales will rise massively to over $8.1TRILLION! In 2021, this figure was just over $5.1trillion.
Bitcoin Prediction Next 10 years
I belive strongly we will hit 26K and drop to 13k in the near future. From then we work our way to 32K then up to 52k. we would drop to 21k before hovering around 22k and 34k. From there we do a Bart Simpson pattern at 37k to 42k back down to 37k. Then after that we haul all the way up to 107k and take a steep drop to 64k. from the low we will pump to around 420,420(because our current all time high is at 69.6k it makes sense we will hit 420,420. Then we crash all the way to 84k before hovering between there and 122k. We run up to 177k then to 112k before ripping booty to 1.9m. A correction to 1.2m and then we will fly up to 3.1m before crashing to 469k. FUD is widespread institutions are crapping themselves. Tim Cook who bought 40 Billion bittys at 2 million is crying at his stock bonuses disappearing before the launch of the Iphone 23. He capitulates at 1.7 Million. Then Bitcoin Flys after Tim and many other companies capitulate. We Melt Faces on our way up to 10 Million before dropping to 4.1m and back up to 10.5 Million. Again the companies bought the top and overleveraged and capitulate many bitcoin at the bottom. The cycle continues. (Not real TA i really pulled this out my A** lmao)
Hypothetical idea: "when" & "how high" will next BTC peak be?Very, very simple projection using previous BTC "Halvening" dates measured to peak of market over the last several years, and then averaging the three periods (again, the length of time from Halvening to next peak) to project the next peak.
Used TradingView curve tool to capture the peaks and troughs of the market over time. Obviously using Bitstamp as it has the most complete market data.
Obviously just a projection - but using these inputs and the curve tool to project, it looks like the end of the next BTC cycle should be mid to late 2025 (as early as June or July, as late as August or September), and a peak of I would say between 75K-110K.
I think the time right now is to be very careful. The market is starting to get very frothy due to the anticipation of the US Federal Reserve easing, but honestly I think the market is getting way ahead of itself. Short to mid-term, I see Bitcoin rallying into the end of 2023, possibly as high as upper 40K, but then correcting back to under 20K.
Then we should start rallying into the next Halvening in 2024, and then finally start to moon again. But this will take some time.
Consider the Long-Term ChartI'm not going to call if the bottom is in or "not so fast" but just want to point out that we may only be halfway through a significant long-term downturn. It's concerning to me that RSI has broken significantly below 50 for the first time since the market recovered from the lows in early 2009. It's also concerning that price looks like it wants to retest the 50-mo. EMA after seemingly finding support a couple months ago. There's still considerable downside risk to the 200-mo. EMA where it has found long-term support in the past and it also happens to currently line up with a double bottom with the covid panic low from early 2020. Will it go down to the 200-mo EMA now? I'm not sure, I'm just saying that it could and you need to be prepared for that. I do know that if it continues to drop it would be a blood bath down at those levels and also a great long-term buying opportunity in my opinion (it could find support above, at or below the 200-mo EMA and an interesting level would be the top from the tech bubble around 2000 which lines up with a period of sideways consolidation from 2015-2016.
Bull Case Scenario for AVAXAVAX is poised for significant price appreciation in the near future, making it a smart investment opportunity for those looking to tap into the growth potential of the blockchain industry. The platform's unique features, such as its scalable and secure architecture, its ability to handle high volumes of transactions, and its flexible and decentralized governance model, set it apart from other blockchain platforms and position it for growth.
Additionally, the growing demand for decentralized finance (DeFi) applications and the increasing popularity of non-fungible tokens (NFTs) are driving interest in the blockchain sector, and AVAX is well-positioned to capture this demand. With a highly engaged and growing community, and a strong commitment to developing cutting-edge technology, AVAX is poised for continued growth and price appreciation in the years to come.
BTC in Wave 4? A scenario I've been watching. With the way the world is, it could be a possibility. Alternative would be...we have completed wave A of a large correction and currently on B. Either way, let's keep our eyes peeled and move with the money.
I'm new to sharing here on TV, so not sure what more to add that isn't on the chart. Ask any questions below ✌🏻
Bitcoin warning🔥VOLATILITY IMMINENTBitcoin is showing a bit of a bullish streak again in the market selection I opened The price 23000$ and choise stop loss 1580$. I hope that soon we will get good profits at $2400 and $24500. I continue to hold small longs on bitcoin and ether, although I have reduced the volume of the transaction. In the range of $24,500-$25,200, I plan to close them and look for entry into the shorts. I think that such a short is justified. This is a strong resistance level and a correction is long overdue. + it looks like TOTAL, TOTAL2 and USDT.D will hit their resistance levels at this bitcoin price.
If there is no growth, then I will continue to work from the long, but after the correction.