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Turning

The 4th TURNING and Davos' GREAT RESETThe 4th Turning is a sociological study of the last 600 years of Wester culture. In it, the authors conclude that society goes through 4 stages culminating in the 4th Turning, a time of chaos and upheaval that ends with the establishment of a "new order". We are in that period now, and the excessive debt, inflation and political tensions around the world indicate that there is a monumental change coming. Perhaps Davos' GREAT RESET as annunciated by Klaus Schwab, Perhaps something worse. Only time will tell.
AMEX:SPYEducation
by midnitepoet
3
Five types of major support and resistance levelsWant to buy the bottom and sell the top? Want to predict major turning points in a security's price? Want to avoid buying too early or selling too late? Then you need to understand support and resistance levels! I know a lot of people who mostly trade breakouts. That can be a very successful strategy, and I've used it myself to good effect. But if you buy a breakout after it happens, you pay a "breakout premium"-- especially if you're buying option calls or puts. You'll get a much better price on options if you buy them *before* a breakout or *before* a major change in momentum. How do you do that? Know your support and resistance levels! Once you know how to identify the different types of support and resistance, you can look to see where several different types of support or resistance coincide . Those will be key price points at which different types of investors who rely on different types of indicators will all buy or sell at the same time.
NYSE:HPEEducation
by ChristopherCarrollSmith
3
How to navigate any turn 2 steps ahead! Real Time examples!Live - Real Time - Trading examples of navigating the turn(s) - swings - in any market. (In this case: EURUSD & EURGBP) ======================================================================================================= The following *** Live Trading snapshot *** can be found in this Real Time Trading Post: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX EURUSD - 5 min.; 09-24-2020, 02:05 EST. Buy - LONG @Market; w.33 pip Trailing Stop. ====================================== EURUSD - LONG; Buy - LONG @Market; w.33 pip Trailing Stop. EURUSD - 5 min.; 09-24-2020, 02:05 EST. Most likely Price Action - for reference only. 35 mins. later 45 mins. later 60 mins. later 70 mins. later 95 mins. later 100 mins. later 120 mins. later ... and... 145 mins. later ... and here it is, the same market (EURUSD)... ... "many" minutes later. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX This Live (Real Time) Trading example (EURGBP) can also be found in the same post as the one above: The commens for this live (real time) example are included in the charts. ============ EURGBP ================== Entering LONG here: Then... ... and ... Then... ... and... ... and ... Then... BOOM!! ... and ... ... and finally:
Education
by Nemo_Confidat
Litecoin: LTCUSD Turning Point Litecoin LTCUSD On the Brink of flipping back to Positive Finally a good double bottom overnight has created the loss of downward momentum needed to tempt back the bulls here - but it's now probing key resistance at 157 and likely to run into profit taking soon. It now has to move up above here and hold it on retest to break the overall downtrend and to allow it to run up to 195 and then 216 and on through the lines of fixed resistance above it back to the highs. This break is important and will flip Litecoin from negative back to positive on a dime.
BITSTAMP:LTCUSD
by sumastardon