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Daily Checklist Before The Market Opens | Sep-17 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉 This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏 The rationale of my analysis is detailed on the chart itself so you don't need to look up and down. Below you will simply find the results of my process applied to other four relevant markets I always check before I trade. Trade well! OIL: NYMEX:CL1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: YES 🎯Stats: 5 out of 6.52 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 74.23-72.93 🛸Buy UFOs: 71.22-69.51 3️⃣Options IV: 33.16% 🚀Daily Expected Move: ±1.50 🚀Weekly Expected Move: ±3.30 🚀Monthly Expected Move: ±6.87 GOLD: COMEX:GC1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 2 out of 6.23 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 1866.0-1804.4 🛸Buy UFOs: 1739.4-1718.5 3️⃣Options IV: 15.92% 🚀Daily Expected Move: ±17.71 🚀Weekly Expected Move: ±38.99 🚀Monthly Expected Move: ±81.16 DOLLAR: ICEUS:DX1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: YES 🎯Stats: 1 out of 4.83 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 93.750-93.455 🛸Buy UFOs: 92.880-92.310 3️⃣Options IV: 5.17% 🚀Daily Expected Move: ±0.30 🚀Weekly Expected Move: ±0.67 🚀Monthly Expected Move: ±1.38 BITCOIN: ICEUS:BTM1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 1 out of - 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 57975.0-54500.0 🛸Buy UFOs: 41460.0-47437.5 3️⃣Options IV: 88.83% 🚀Daily Expected Move: ±2660.79 🚀Weekly Expected Move: ±5857.45 🚀Monthly Expected Move: ±12193.25 I believe now you know why UFO and 3D are part of my name… Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪 *This daily post is not intended to be used as financial advice
CME_MINI:ES1!
by UFO3Dtrader
Daily Checklist Before The Market Opens | Sep-16 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉 This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏 The rationale of my analysis is detailed on the chart itself so you don't need to look up and down. Below you will simply find the results of my process applied to other four relevant markets I always check before I trade. Trade well! OIL: NYMEX:CL1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: YES 🎯Stats: 4 out of 6.53 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 74.23-72.93 🛸Buy UFOs: 71.22-69.51 3️⃣Options IV: 32.38% 🚀Daily Expected Move: ±1.48 🚀Weekly Expected Move: ±3.26 🚀Monthly Expected Move: ±6.78 GOLD: COMEX:GC1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 1 out of 6.23 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 1866.0-1804.4 🛸Buy UFOs: 1759.6-1742.6 3️⃣Options IV: 15.14% 🚀Daily Expected Move: ±16.98 🚀Weekly Expected Move: ±37.37 🚀Monthly Expected Move: ±77.80 DOLLAR: ICEUS:DX1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 1 out of 5.43 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 93.750-93.455 🛸Buy UFOs: 92.310-91.800 3️⃣Options IV: 4.93% 🚀Daily Expected Move: ±0.29 🚀Weekly Expected Move: ±0.63 🚀Monthly Expected Move: ±1.32 BITCOIN: ICEUS:BTM1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: NO 🎯Stats: 2 out of - 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 57975.0-54500.0 🛸Buy UFOs: 41460.0-47437.5 3️⃣Options IV: 92.38% 🚀Daily Expected Move: ±2770.18 🚀Weekly Expected Move: ±6098.26 🚀Monthly Expected Move: ±12694.54 I believe now you know why UFO and 3D are part of my name… Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪 *This daily post is not intended to be used as financial advice
CME_MINI:ES1!
by UFO3Dtrader
2
Daily Checklist Before The Market Opens | Sep-15 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉 This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏 The rationale of my analysis is detailed on the chart itself so you don't need to look up and down. Below you will simply find the results of my process applied to other four relevant markets I always check before I trade. Trade well! OIL: NYMEX:CL1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: YES 🎯Stats: 3 out of 6.55 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 74.23-72.93 🛸Buy UFOs: 60.77-58.73 3️⃣Options IV: 33.63% 🚀Daily Expected Move: ±1.52 🚀Weekly Expected Move: ±3.34 🚀Monthly Expected Move: ±6.94 GOLD: COMEX:GC1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: NO 🎯Stats: 1 out of 6.15 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 1866.0-1804.4 🛸Buy UFOs: 1759.6-1742.6 3️⃣Options IV: 15.02% 🚀Daily Expected Move: ±17.06 🚀Weekly Expected Move: ±37.56 🚀Monthly Expected Move: ±78.19 DOLLAR: ICEUS:DX1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: NO 🎯Stats: 3 out of 4.83 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 93.750-93.455 🛸Buy UFOs: 92.310-91.800 3️⃣Options IV: 5.12% 🚀Daily Expected Move: ±0.30 🚀Weekly Expected Move: ±0.66 🚀Monthly Expected Move: ±1.37 BITCOIN: ICEUS:BTM1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: NO 🎯Stats: 1 out of - 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 57975.0-54500.0 🛸Buy UFOs: 41460.0-47437.5 3️⃣Options IV: 92.43% 🚀Daily Expected Move: ±2750.42 🚀Weekly Expected Move: ±6054.78 🚀Monthly Expected Move: ±12604.02 I believe now you know why UFO and 3D are part of my name… Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪 *This daily post is not intended to be used as financial advice
CME_MINI:ES1!
by UFO3Dtrader
Daily Checklist Before The Market Opens | Sep-14 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉 This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏 The rationale of my analysis is detailed on the chart itself so you don't need to look up and down. Below you will simply find the results of my process applied to other four relevant markets I always check before I trade. Trade well! OIL: NYMEX:CL1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: NO 🎯Stats: 2 out of 6.56 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 74.23-72.93 🛸Buy UFOs: 60.77-58.73 3️⃣Options IV: 32.74% 🚀Daily Expected Move: ±1.46 🚀Weekly Expected Move: ±3.22 🚀Monthly Expected Move: ±6.71 GOLD: COMEX:GC1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 5 out of 6.23 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 1866.0-1804.4 🛸Buy UFOs: 1759.6-1742.6 3️⃣Options IV: 15.09% 🚀Daily Expected Move: ±17.00 🚀Weekly Expected Move: ±37.41 🚀Monthly Expected Move: ±77.88 DOLLAR: ICEUS:DX1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: YES 🎯Stats: 2 out of 4.83 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 93.750-93.455 🛸Buy UFOs: 92.310-91.800 3️⃣Options IV: 5.16% 🚀Daily Expected Move: ±0.30 🚀Weekly Expected Move: ±0.66 🚀Monthly Expected Move: ±1.38 BITCOIN: ICEUS:BTM1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 5 out of - 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 57975.0-54500.0 🛸Buy UFOs: 41460.0-47437.5 3️⃣Options IV: 92.55% 🚀Daily Expected Move: ±2688.84 🚀Weekly Expected Move: ±5919.21 🚀Monthly Expected Move: ±12321.83 I believe now you know why UFO and 3D are part of my name… Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪 *This daily post is not intended to be used as financial advice
CME_MINI:ES1!
by UFO3Dtrader
Daily Checklist Before The Market Opens | Sep-13 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉 This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏 The rationale of my analysis is detailed on the chart itself so you don't need to look up and down. Below you will simply find the results of my process applied to other four relevant markets I always check before I trade. Trade well! OIL: NYMEX:CL1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: NO 🎯Stats: 1 out of 6.58 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 74.23-72.93 🛸Buy UFOs: 60.77-58.73 3️⃣Options IV: 33.54% 🚀Daily Expected Move: ±1.49 🚀Weekly Expected Move: ±3.28 🚀Monthly Expected Move: ±6.83 GOLD: COMEX:GC1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 4 out of 6.23 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 1866.0-1804.4 🛸Buy UFOs: 1759.6-1742.6 3️⃣Options IV: 15.15% 🚀Daily Expected Move: ±17.10 🚀Weekly Expected Move: ±37.63 🚀Monthly Expected Move: ±78.34 DOLLAR: ICEUS:DX1! 1️⃣Market CLIMATE 🎯Current: UP 🎯Confirmed: YES 🎯Stats: 1 out of 4.83 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 93.750-93.455 🛸Buy UFOs: 92.310-91.800 3️⃣Options IV: 5.11% 🚀Daily Expected Move: ±0.30 🚀Weekly Expected Move: ±0.66 🚀Monthly Expected Move: ±1.37 BITCOIN: ICEUS:BTM1! 1️⃣Market CLIMATE 🎯Current: DOWN 🎯Confirmed: YES 🎯Stats: 4 out of - 2️⃣Buy and Sell UFOs 🛸Sell UFOs: 57975.0-54500.0 🛸Buy UFOs: 41460.0-47437.5 3️⃣Options IV: 92.01% 🚀Daily Expected Move: ±2579.84 🚀Weekly Expected Move: ±5679.25 🚀Monthly Expected Move: ±11822.30 I believe now you know why UFO and 3D are part of my name… Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪 *This daily post is not intended to be used as financial advice
CME_MINI:ES1!
by UFO3Dtrader
HOW-TO Add Precision To Entries & Exits With AutoUFOs (patented)HOW-TO Add Precision To Entries & Exits With AutoUFOs (patented) What does this invite-only script do? This app aims to plot Price regions in a chart where potential BUY and/or SELL Orders are in a pending state. Those potential Orders are expected to be in waiting mode and could be executed once that market revisits or returns to those Price regions. The above concept is the reason for the name of this indicator: Un-Filled Orders (UFOs). Once those potential Un-Filled Orders are filled, a bounce or movement is likely to happen and therefore those UFO areas could be selected for Entries and/or Exits for any type of trade or investment. This may include but is not limited to long-term, intermediate-term, short-term or hedging. The desired trade duration (position, swing or intraday trades) would depend on the time interval (time frame) selected when applying the indicator. For example; by applying the indicator to a chart selected with a daily time interval this is likely to produce trades that could potentially last multiple days or applying it using a 60 minute time interval would likely produce trades that could last a few hours and so on. Note: Those Price regions identified are referred to as UFOs and are automatically plotted in the form of oval shapes in the charts which are also known as “Flying Saucers”. Note: This app can be applied to any interval based on Time (Second, Minute, Daily, Weekly and Monthly Bars), ranges or other. The visual example displays Green and Red UFO Price areas in a chart where Green would suggest that BUY Un-Filled orders may be waiting and Red would suggest that SELL Un-Filled orders may be waiting to be filled. A trader could decide to buy when Price enters the Green UFO and sell when Price enters the Red UFO. Based on that concept, those colored UFOs could be selected to plan trades where a trader, investor or a hedger; is planning to catch and ride a Market move and profit from it (Directional Strategies: Enter or Exit Long or Short Positions). They are expecting that the market will move in a certain direction after hitting and reacting to those Un-Filled Orders (colored areas in the chart) and later reach a certain Exit Price. is planning to profit from selling Out of The Money (OTM) options and collect time decay as these traders are hoping that they will expire OTM (Non-Directional Options Strategies such as Iron Condors, Credit Spreads, Strangles, Straddles, etc.: Profit from time passing while a Market trades within a Range or sideways). They are expecting that a market will not reach a certain point in the chart before a certain date and sell or write options to collect premium waiting for their expiration date while price stays within certain limits without surpassing the Strike Price of the Options sold.  How to manually insert this indicator into a TradingView chart? Step 1: Locate the upper toolbar within the Chart where you plan to insert this indicator, Click on Indicators and Click on Invite-Only Scripts Step 2: Select “AutoUFOs” by left-clicking on it Note: Once this app is inserted in a chart it then needs to be calibrated. Please refer to the Section on Calibration to understand how to perform this process. Which components are displayed? The example illustrates the various components available when using AutoUFOs®: UFO Bands: Are a visual representation of Price regions in a chart where BUY and/or SELL Orders are potentially still in a pending state: Un-Filled Orders (UFOs). Different Colors... Green UFOs would suggest that BUY Un-Filled Orders may be available and Red UFOs would suggest that SELL Un-Filled Orders may be available and waiting to be filled. 4 possible colors are available to visually represent UFOs. Two are variations of Red and the other two are variations of Green. The app assumes that the “purer” the color the greater the potential for a larger amount of Un-Filled Orders. - Red Pure Red Maroon Red - Green Pure Green Olive Green Flying Saucers: The round Flying Saucers are located where the app identifies the greatest concentration of Un-Filled Orders. The app highlights where the key price points are by plotting inner circles within the UFO Band. UFO Price Labels: The two figures displayed point at the upper part of the UFO Band and the lower part of the UFO Band. What Visual settings are available? TradingView has an enormous amount of available customizations that impact the visual look of a chart and the indicators in it, hence our AutoUFOs® app can look slightly different depending on some of those customization settings. Below are a few options that have been proven useful to some of our app users. Keep in mind that TradingView often adds new settings and functionality and therefore other settings not covered in this how-to idea could be helpful as well. To access the customization menu left-click on the wheel located on the bottom right part of the chart.   Indicator Last Value Label: Left-click to check or uncheck. This setting will display or hide the UFO Price Labels. No Overlapping Labels: Left-click to check or uncheck. This setting will stop or allow the UFO Price Labels to overlap. Apart from the above customization options, AutoUFOs® for TradingView has one important input that varies the way on how the UFO Bands are displayed on the screen. To access this input locate the "AutoUFOs" indicator title on the upper left part of your chart and click on the settings wheel. HideHitUFOs: Left-click to check or uncheck. This setting will display UFO Bands with a greater or a lesser concentration of Un-Filled Orders. Note: The grey UFO Bands represent areas of price with a lesser concentration of Un-Filled Orders and therefore these are likely to produce lower probability trades. How to calibrate this app? Calibration is a key process in defining how the analysis is carried out and will impact the potential results obtained by the user using this app. The calibration input is down to the user’s personal judgement and is at their own risk. A few steps will be needed to calibrate AutoUFOs®. The following steps will need to be repeated in a cycle until the app user is satisfied with the results. Step 1: Access the input dialog box by following the below steps: Locate the AutoUFOs indicator title on the upper left part of your chart. Click on the settings wheel. Notice the default calibration setting is set to 0.5. Feel free to change to any value between 0 and 1. click "OK" Step 2: Find and left-click on the “Replay” button located in the upper part of your chart. This will get you ready to begin a back-test process in order to adjust the calibration input.   Step 3: Notice the vertical red line. Move it to a desired date/time in the past and left-click in order to set that date/time as the origin of the back-test. Step 4: A new chart will load with the last bar on the chart being the one where the above vertical red line was located. Use the rectangle drawing tool to mark two UFO Bands of your choice where one should be Green and the next one should be Red or vice-versa. Step 5: Once this is done you are ready to replay the market and observe how this market reacted to your current settings. Using the replay bar, click on play and observe the movement of the new candles forming until price touches one of your rectangles and make notes to report if price turned and reached the rival UFO Band marked with the opposing rectangle or if price didn't react properly to the UFO Band you selected. Note: When performing this process you could certainly add additional rules that you may have in your current trading plan and combine those rules while you perform this back-test process. Note: Since some failed trades are to be expected, one of the objectives of this calibration process is to fine-tune the settings of the app in a way where you gain an adequate performance and by doing so you become familiar with its functionality and while you begin developing the skillset needed to trade efficiently with it. Step 6: In order to exit the chart replay mode, click on the cross located on the right extreme of the “Replay” floating tool bar Step 7: If this exercise was satisfactory enough, you could decide that the Calibration parameter used will be the one you would use for your trades moving forward. If you are not fully satisfied with the statistical performance obtained, you would need to go back to Step 1, change the calibration input to a greater or lesser value between 0 and 1 and redo the above back-test process until reaching results that are satisfactory enough. Note: When performing this process you could chose to use the AutoUFOs® app by itself, calibrate it and then add additional trading rules when trading, or you could run the process and combine your trading rules together with the app and run the calibration process altogether. Note: The chart replay mode does not work with continuous futures ticker symbols such as ES1!, CL1! or GC1!. When calibrating the app to trade Futures products you would need to avoid using continuous ticker symbols and use contract-specific ticker symbols.   Examples on how to use this app? The following approaches describe two different ways on how a trader, investor or a hedger could use this app. There probably are many other ways to make this app useful and we would love to receive your suggestions and know more about your experiences as well. Please treat the following examples for demonstration purposes and feel free to comment below and phrase your questions, experiences and ideas. Going Long (by Buying Low and Selling High in order to profit from a rising market) or Going Short (by Selling High and Buying Low in order to profit from a falling market) The thought behind Going Long or Going Short is to enter a market ready to catch and ride a market move in a given direction and profit from it: Going Long would profit from an upwards move, where Going Short would profit from a downwards move. In order to do so, the opening and closing time of the trade is critical since entering or exiting too soon or too late would end up in a problematic situation. The Un-Filled Orders (UFOs) concept behind the AutoUFOs® app could certainly be useful when aiming to identify the best moment to initiate a trade and when to finalize it and collect any profit that may have been produced. Selling Options and keep the Premium collected The thought behind Selling Options and keep the Premium collected is based on identifying certain places on a price chart that are not likely to be reached and Sell Options with strike prices beyond those places. The Options contracts sold would be Out of the Money (OTM) and they would remain OTM until their expiration date as long as the Market price does not reach the Strike price of the Options sold within that given period of time. If all of the above was true, the trader would have collected the Premium for selling those Options that would expire worthless, allowing the trader to keep that previously collected Premium. The Un-Filled Orders (UFOs) concept behind the AutoUFOs® app could be useful to theoretically identify certain places on a chart that are likely or unlikely to be reached anytime soon. Keeping in mind the concept that when a market enters a UFO the expectation would be to see a reaction or a bounce from that price region adding duration to a trade. Think of a case where those UFOs are quite far from the current available price or cases where there are multiple UFOs upon UFOs. In this instance it would be reasonable to expect that a market with these characteristics is unlikely to surpass any of those UFOs anytime soon and therefore an Options trader could capitalize on a setup like this by Selling Options where price is unlikely to reach. In addition to this, time passing would lead to a decay of the Options Premiums helping this type of trade to accumulate profitability little by little, keeping in mind that nothing stops time from passing. Furthermore, think in terms of probability and ask yourself the following question: what is of a higher probability? To determine with precision where a market is going to turn and where it is headed to, or to determine where a market is not likely to go within a certain amount of time? If you would rather choose the second case you may be interested in using advanced Options Strategies such as Iron Condors where a profit would be produced from time passing while a Market trades within a Range or sideways. In other words while a Market remains trading within a Range defined by Red UFOs and Green UFOs causing its price to remain range bound during a given period of time as a consequence of the potential bounces produced when its ¬¬price travels from UFO to UFO (Green-to-Red or Red-to-Green). Note: In all cases described in this how-to idea, it would be advisable to have a contingency plan on what to do in case a market moves against the trader, investor or the hedger. The use of Stop Market Orders, Protective Long Options Contracts or any other type of risk management technique could be useful. These sort of decisions are to be taken by the user of this app. Legal Considerations Disclaimer: When using this App you understand and acknowledge that the risk of trading can be substantial and that each investor and/or trader must personally consider whether this is a suitable investment. Past performance, whether actual, or indicated by simulated historical tests of indicators, is not indicative and in no way a guarantee of future results. Your actual trading may result in profits or losses as no trading system is, or can be, guaranteed. By using this app, you accept full responsibility for your actions, the trades taken and any profits and losses made. You also agree not to hold the developer of this app responsible for any outcome arising out of your use of this app.
NYMEX:CL1!Education
by traddictiv
6
Pair of likely trading zones for Cosmos(ATOM)Good Afternoon, This one is for all you traders out there. Cosmos & their native ATOM token are ready for Liftoff!!! Entering the beginning of July we have the big news of the Gravity DEX going public any day now. This is being hyped up to be a major player in the DEX market moving forward, living along side Uniswap, Pancakeswap & Sundaeswap (still to come as well). The public release of Gravity DEX will bring more value & utility to the ATOM token, which has already seen large scale usage as a staking coin. Further information can be found here blog.cosmos.network Moving away from the Macros & into the charts, there's a lot to take in here. First we see a clear falling wedge along side upward price action on the daily chart since June 22nd's basement value of 7.83 USD. These are both objectively Bullish signs & I see the local low of 7.83 acting as a solid support line moving forward. The white line is the all time high. The blue line is the 20 week moving average; I've chosen to show this line as I believe it is the "true" support line for this currency, but we'll come back to that. The two boxes; the orange is the current trade zone & the green is the long term trade zone. The orange box is where any short term traders (or those readers who are Bearish on ATOM & want to short it) can be reasonably confident in at least modest profits. I don't expect or desire to stay in this orange box for long, it's the green box we want & the green box is where I personally will take some profits. The green box is the old trading zone from Feb-May with consistent ping pong action in a 4 dollar price range. That price range swings around the incredibly comfortable 20 dollar average. A return to these healthy trading grounds seems to be on the Horizon. The psychologically comfortable level of 18-22 dollars is where I think ATOM will bottom out in the coming Bear market of 22'-23'. So in the medium term, 20USD should serve as a solid "return to mean" point for day traders to swing around. The MACD & Volume are included for confirmation of Bullish indicators. The MACD is clearly pointing up & has been for a solid week. Also, we see the 2 lines moving further apart which could indicate a big upwards spike. The volume on staking coins can be difficult to gauge because of the nature of staking coins. The coins don't move in high volume unless there is big price action. The chicken or the egg (price action or the volume) debate is fun but for staking coins, I firmly believe volume follows price. Back to the 20 week moving average; it's right at the bottom of my upcoming green box, and as we approach the green box, the 20 week average will inevitably creep closer to the 20 dollar comfort mean. I believe the 20 week moving average is a strong, long term indicator in any cryptocurrency that has at least 21 weeks of price action & ATOM is no exception. This line will serve as my primary Bull Market indicator once it has been crossed with a closed daily candle. It will also serve as a resistance/support line in the coming months. One interesting thing that popped out at me while I was typing this & tweaking the final draft was the blow off top pattern has been broken. Traditionally, a blow off top candle indicates a local top & is a big sell sign. On this chart alone we see blow off tops on 3/18, 4/15, 5/7, 6/3, 6/17 & 6/29. Every single one of those is followed by a red candle 1-2 days later, except the 6/29 blow off top, we almost stay sideways. I would take this as a very Bullish sign as the classic sell signal, failed. In conclusion, ATOM seems to be setting itself up to be the top dog in the Staking Coin Arena. Bullish signs in the short, medium & long term all seem apparent. It's upward price action is attractive to Hodlers, while the likely 20 dollar trade line with 10% swings is very sexy for traders too. With the expanding ecosystem of Cosmos highlighted by the release of the Gravity DEX, ATOM stands ready to be the center of several Venn Diagrams.
COINBASE:ATOMUSD
by TerranTim37
EURNZD short trap!Notice how price is breaking the 2H zone, yet approaching the Red Line (4H S/R Level)? This will entice many traders to come in and short here seeing that heavy resistance. For those that i teach and know my Zone Strategy, we will wait for the break & retest of the zone, then will go Long eating up all the retail stop losses :). As always though, If we see rejection here at this zone in the form of a Pinbar, Bearish Harami, or Engulfing we will Short. Price action is king, and we are fluid and open to changing bias on the drop of a dime. Beautiful set up none the less. Enjoy traders.
Long
by scottmal89
2
Buying Opportunity Nifty 50 Call option or Long FutureHi Traders, I found an opportunity on Nifty 50, as the market is consolidating from a few trading sessions. Type of position:- 1. Buy Call Option 2. Write Put Option (Sell Put option) 3. Buy Nifty 50 Future Entry:- 8290 Target:- 8500 Stop loss:- 8125 Terms used on the charts are my own a. Fakers:- It means institutional traders are driving the market ahead to its usual point to manipulate traders mindset, They generally know where traders keep their stop loss & once they hit that spot traders will lose money. b. Money Spot:- It is the spot where you can make money, where the probability of success is high. Thank You
NSE:NIFTYLong
by Big_Boy_Territory_169
USD WTI SHORTHello Guys, In this video i breakdown what i see on oil. I view oil as being completely weak especially with the effects from corona virus that have impacted the demand side of the commodity. At the moment even though the pair is weak which could be viewed as cheap for investor to buy based of value trading most of smart money will likely stay away from the dip buy until they get a solid fundamental sign that the price has finally bottomed out. Russia a top oil producer saying no to cutting oil supply to OPEC during and the Feds cutting the rates further solidifies the idea that oil will take a while to recover from this bear trend hence for now i would rather be on the safe side of smart money and only look for short positions after pull backs to key weekly resistance levels
FX_IDC:USDWTIShort
by collinsweball
EURGBP Short Trade Strategy EUR/GBP is currently retesting the broken support zone which lines up with the 38.2% Fibonacci retracement level. I assume the pound has some more strength left comparing to euro and there may be some pullback scenario (continuation of downtrend) seeing the market structure and price behavior. If price pullback from 38.2% Fibonacci and we plan our short idea from that level then we can put stops in between 50% to 61.80% as the daily ATR of this pair is only 30-40 at the moment and if price rally above 38.2% next larger retracement could be the 50% Fib, which is closer to the .8500 major psychological mark. If the price reaches that level and we still get a short opportunity favorable stop point should be above 61.80% Fibonacci retracement level.
Short
by jessi061
#FXinsights #TradingViewTOOLKIT Indicator System Overview USDJPYREVIEWS INFO BELOW FOR COMPLETE OVERVIEW OF EACH TRADINGVIEW TOOLKIT COMPONENT Original USDJPY Chart How To Use #TradingViewTOOLKIT from #cisTRADING creator of ThinkOrSwimTOOLKIT.com JoshuaCorum.com #cisGGMarketDEPTH (BEST in INDUSTRY indicator for Delta/Volatility Trading) Lower Column sections in med green/blue BUY/SELL display Peak Low MarketDEPTH expectation Upper Column sections in dark green/blue BUY/SELL display Peak High MarketDEPTH expectation Center Column sections in brighter green/blue BUY/SELL display Avg MarketDEPTH condition Line with Area in brighter green/blue BUY/SELL display Current MarketDEPTH condition Values in BUY/SELL color scheme plot to the right providing exact MarketDEPTH analysis >>> Potential Depth or Range Expectations and Conditions for the Trading Session ... DELTA or Range in Time & GAMMA or momentum relative to Avg DELTA... a view of Volatility Risk in Counter-Trend moves... #cisGGproTRADER (BEST in INDUSTRY buy/sell candle color signal with probability targets) Primary Candles plot in BUY/SELL color scheme GREEN/BLUE Primary BUY/SELL condition in displayed in dark GREEN/BLUE overlay (cloud or background fill) Larger Dots are HIGH/LOW Targets color schemed to BUY/SELL #GreatGatsbyProTrader CandleStix GREEN/BLUE Small Dots are BreakOut HIGH/LOW Targets color schemed to BUY/SELL #GreatGatsbyProTrader Trend Condition GREEN/BLUE Thin CandleTrend line in GREEN/BLUE BUY/SELL color scheme is the Gatsby Level Thin BreakOut Trend Curve in GREEN/BLUE BUY/SELL color scheme *** Thicker GreatGatsby Trend Curve in GREEN/BLUE BUY/SELL color scheme *** *** Area between BreakOut Trend Curve and Great Gatsby Trend Curve is trend support where "bounces" reversals occur *** All LEVELS are real-time algorithm adjusted and plot values in BUY/SELL color scheme #cisGGproMETRICS (BEST in INDUSTRY Price Action Signal) Utilizes the #GreatGatsbyProTrader Price Action Metrics from #cisTRADING measuring multiple differentials of "Price-Action" momentum, strength, and value of distance from Price Action Triggers Color Schemed GREEN/BLUE to Multiple BUY/SELL conditions... Predominate GREEN/BLUE color scheme is Primary BUY/SELL condition Column Values plot in GREEN/BLUE Color Scheme BUY/SELL to right of price axis Oscillator is color schemed to GREEN/BLUE BUY/SELL conditions 0 LEVEL simply shows whether price action is -/+ Important Signals: "The Great Gatsby" Alert signals reversal potential if thin green line goes down through center of blue columns or thin blue line goes up thorugh green columns "Hot Bars" are ORANGE COLUMNS which signal pressure against trend direction with exact value of compression level ... if orange Hot Bars are at .0067 then price must move up .0067 in order to maintain current BUY/SELL signal "COLORS" Blue is SELL and GREEN is BUY All Price Action Metrics plot values to right indicating where Price Action Potentials exist and what conditions are!!! GGproTRADER CandleStix Color Bar Signals GGproTRADER CandleStix Buy/Sell Color Trade Zone GGproTRADER BreakOut Momemtum Trend Curve (thin line) Great Gatsby Trend Curve (thick line) [ ] GGproTRADER HIgh/Low Target Levels GGproTRADER BreakOut Levels with Buy/Sell Color Trade Zone #TradingVIewTOOLKIT with ALL 3 components including GGproACTION (MarketDEPTH) and GGproMETRICS (Price Action Triggers by pip/point)
Short
by cisTRADING