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100 Year Cycle Coming To An End In 2029 (DOW JONES)I am a long-term bullish investor. I love seeing massive blood and panic... But this is different... Many people will die because of this crash. (I take that very seriously) The Dow Jones Will Rally Until 2029. Please be prepared my friends. Start hedging your USD to avoid hyperinflation. Start a food storage plan. This will not be a joke. We can protect ourselves by playing their game. It moves in 100-year cycles just like how Bitcoin moves in 4-year cycles. This may seem like a negative post. Its only purpose is education. After this crash will be 100 years of financial prosperity. The message is positive.
TVC:DJI
by High_Altitude_Investing
12
LONG & SHORT POSITION TOOL📚An In-Depth Look at Using This ToolThis illustration explains the functionality of TradingView's Long/Short Position Tool and is intended to help new people looking for more information on this tool in a "novice friendly" format. TradingView’s position tool will aid you in pre-planning and pre-evaluating trades and as such should be an essential part of every trader's toolkit . Note: At its simplest, the position tool can quickly show you the R:R (Risk-To-Reward) of a single trade. By doing a little extra work, you’ll be able to then use this tool to properly plan for the risk of all trades you are taking compared to your total account size. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Important terms: Tick = A tick is a measure of the minimum upward or downward movement in price. Trade outcome statistics = Used to track the outcome of a trade. Example: “Current XYZ position closed +5.25% gain 10840 account balance after trade impact” P&L = A representation of current Profit & Loss. Be careful where you position the tool, as the P&L is calculated based on the position of the tool. Here are two uses for the Position Tool: 1. Only R:R = To quickly find only the R:R of a trade. This method does not bother changing account balance and such is only acceptable if you are tracking your current account balance and doing risk calculations off-platform in something such as a google spreadsheet. 2. Risk+R:R = To ensure your current trade idea meets both your R:R and max risk tolerance (risk amount; in our case, 1%). This is achieved by changing the “Account Size” option every time you are building a new position. This is the advised method to use, since like your trade journal, it’ll help keep you accurate and accountable. ----- We will now explain the options contained within the tool’s input on-chart menu: Account size = The current available balance within your account, the keyword here is available. If you are using the "Risk" option explained below then this needs to be updated upon starting to create a new trade setup. Risk = Your max tolerable risk amount (either in absolute numbers or as a % of your account size). The default option is "absolute numbers," this uses the base currency of the on chart asset (If you were on ETHBTC, then the base currency would be BTC; for SPX500USD it is USD since this asset is displayed in its USD value). As you know, we suggest you stick to %. Entry Price = The price you will be entering the position at. PROFIT LEVEL: Ticks = The tick difference from the entry price to the profit target. Price = The take profit price. STOP LEVEL: Ticks = The tick difference from the entry price to the stop loss. Price = The stop losses price. ----- We will now explain all metrics being displayed on the tool while it is plotted on the chart: Top info panel: 1. The difference in base currency (USD) from the entry price to the take profit price. 2. The difference in percentage change from the entry price to the take profit price. 3. The difference in ticks from the entry price to the take profit price. 4. The hypothetical account balance after the take profit target is achieved. Middle info panel: 1. Simulated P&L from the entry price to where the current live price is. (Displayed in the base currency of the on chart asset, USD in this example) 2. The quantity of the asset that should be purchased at the entry price. This is calculated as follows: Qty = Risk / (Entry Price – Stop Price) 3. The risk to reward ratio, this is how much you could gain compared to how much you could lose. The calculation is as follows: Risk/Reward Ratio = ((Take profit price - Entry price) / (Entry price - Stop loss price)) Bottom info panel: 1. The base currency (USD) difference from the entry price to the stop-loss price. 2. The difference in percentage change from the entry to the stop-loss price. 3. The difference in ticks from the entry price to the stop-loss price. 4. The hypothetical account balance after the stop-loss is hit. ----- Lastly, we will explain how Position Size and Account Balance are being calculated by TradingView: Long Position Variant Position Size: Qty = RiskSize / (EntryPrice - StopPrice) Account Balance when a position is closed after reaching the Take Profit level: Amount = AccountSize + (ProfitLevel – EntryPrice) * Qty Account Balance when position is closed after reaching the Stop Loss level: Amount = AccountSize – (EntryPrice – StopLevel) * Qty Short Position Variant Position Size: Qty = RiskSize / (StopPrice - EntryPrice) Account Balance when a position is closed after reaching the Take Profit level: Amount = AccountSize + (EntryPrice - ProfitLevel) * Qty Account Balance when a position is closed after reaching the Stop Loss level: Amount = AccountSize – (StopLevel – EntryPrice) * Qty AccountSize: Initial account size specified in the settings RiskSize: If the "Risk" option is set to "absolute numbers" = Risk If the "Risk" option is set to "percentage of account size" = Risk / 100 * AccountSize ----- Reference: www.tradingview.com If we made any mistakes please let us know in the comments. There was a lot of formatting we needed to do to best display all of this information for you guys! Enjoy. :)
BITSTAMP:BTCUSDEducation
by AlphaBotSystem
40
Trade Log NIFTY August 12I expressed my thoughts in August 11 post If global cues are supportive , then NIFTY may attempt another go towards 11380-11390 zone. I think this level should pose some resistance. With VIX slowing down, intraday range is compressing. I do not have a clear view for tomorrow. One very interesting observation is, both days and the week so far has formed dragonfly candles -> open = close (within some points). These candles back to back may be seen as a sign of coming climax+exhaustion. So in the next one or two days, NIFTY may show a large red body candle. NIFTY opened a gap down but did not follow through. ================================================================================================================================================ My Trades I sold 11300 PUT when the signal occurred for intraday buy. This was covered later. My observations for the day NIFTY closed flat -0.12% BANK NIFTY closed 0.17% up VIX dropped further 2.41%, so far VIX has dropped 6%+ Advance Decline ratio is 23 to 27 Option data confirming the narrow range of 11200 - 11400. My view Unchanged view. I still feel the climax move is pending on NIFTY. Possible reversal trade is 11380-11400. But for shorting it is best to wait for price action to confirm the same. August 11 Trade Log Weekly View *Possibility 1 as per my assumption.
NSE:NIFTY
by Observe_Think_Act_Think
GBP/AUD New Bullish Impulse? by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price is facing the Ascending Trendline. . 🔸 It showed some rejection signals at the current zone. . 🔸 We observe that the last downside impulse was very pronounced, however, price is on an uptrend. Higher highs and higher lows can be spotted. In case the Trendline can not hold, then the Support Zone would be the first Target of the downside move. . 🔸 Will look for lower timeframe setup. 🔸 DAILY CHART ANALYSIS:
by ThinkingAntsOk
AUD/USD Long Term View by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION: . 🔸 Price is on a Downtrend. . 🔸 We observe that was rejected at the confluence zone between the Descending Trendline and the Resistance Zone. . 🔸 If it breaks to the upside then the bullish scenario would be active, and the target of the move is the Resistance Zone. And, if price continues to the downside, then it has potential to reach the Support Zone. . 🔸 Will look for lower timeframe setup. 🔸 DAILY CHART ANALYSIS:
by ThinkingAntsOk
NIFTY monthly view June 2020Dear traders, I had posted my monthly view on March 27 Now things have moved enough to create a monthly view for June. There are two things I want to mention which I try to tell myself every single day Technical Analysis if just a way of logical thinking and deciding your own course of action amidst market uncertainty. These lines , averages and indicators are there to keep your emotional mind in check when the market makes random movements. Market defines these lines, it does not obey these lines. There is no point in making predictions and certain about it, but there is a lot of value in developing an independent view based on your observations and loosely adhering to it. This is my monthly view. It helps me to trade on smaller time frames. I observe the following things from the chart. Intermediate bottom is well established. The downswing above it created another higher bottom in the week of 18th May, which is yet to be confirmed. NIFTY is now in the process of making an upswing and likely to break/touch intermediate top of 9989. Volatility has dropped from 80 to 30s. The stimulus package is behind us. COVID-19 is no longer a sudden shock. The world has started understanding more about the virus. All developed country governments are pushing a lot of money to the system. For Indian markets, the view is likely to be uncertain for some time. Now I’ll express my trading point of view. I still believe we are in a bear market. That is significant price / time deterioration is likely to occur in the current wave of selling. I will reconsider my view when NIFTY sustains above 11200-11400 level. One of the characteristics of bear market is it contains very strong rallies, which creates doubts in the mind of players having ‘bearish view’. I think NIFTY may just do that in the coming days. I don't know where NIFTY will head, but the trend is bullish on daily and weekly timeframes, and mostly the trades should be on the long side. The current rally gets confirmed in the coming week by sustaining above 8978 and 9178. In the current state, I won't be shorting NIFTY till I see some kind of range formation or breakdown. If current upswing is very fast and very audacious in breaking resistance levels - like rising too quick and breaking barriers which everyone watches - 10000, 11000, it will further confirm my view of it being a bear market rally. If it is a slow grind with retracement, I have to reform my view. What can change? There are multiple types of information. Information known to everyone. Information known to very few. Information unknown to everyone. If there is some risk which is unknown to everyone, then the market structure alters dramatically. The first two kind of has not much impact on the structure I'll review the structure again if and when this kind of information comes to me. That's all! Wish a great trading weeks ahead!
NSE:NIFTYLong
by Observe_Think_Act_Think
2
EUR/GBP Bullish View by ThinkingAntsOk🔸 4H CHART EXPLANATION: . 🔸 We have two potential scenarios to consider on this pair. . 🔸 The bullish one, in case price breaks the Resistance Zone, this could lead to a bullish move towards the next zone at 1.31500. . 🔸 And the bearish, in case price breaks the Ascending Trendline to the downside, this could lead to a bearish move towards the Support Zone at 1.2200. . 🔸 Will look for a lower timeframe setup when the direction is clear. 🔸DAILY CHART ANALYSIS:
Long
by ThinkingAntsOk
2