Get started

Volumepriceanalysis

Watch for Bitcoin Weekly Shooting Star Reversal CandleI've been consistent in my analysis since July of last year (see related ideas). It certainly surpassed my projections. The mainstream media is finally covering bitcoin AFTER it has rallied $2000 or moved up at least 300%. Now, "experts" will explain this rally to you and justify why "this time is different." I view this as a major sell signal (i.e. optimism at extremes). www.cnbc.com Book recommendations: Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism This Time Is Different: Eight Centuries of Financial Folly
BITSTAMP:BTCUSDShort
by Kappy
Wyckoff Accumulation Phases of Credit SuisseSome remarks on the price evolution of CS Credit Suisse stock was in a downtrend which ended with a selling climax (SCLX) on February 11 this year. After that CS showed signs of being accumulated. The Brexit vote initiated a huge shake out. During this shake out it broke below its trading range, after which it trended back up into the trading range. Here it tested the 12.56 support twice; once on the Deutsche Bank fine news and also today after CEO Tidjane Thiam said he expects a challenging third quarter. Currently it is in Phase D, or alternatively it might still be in phase B. Notice the volume peaks on down swings. This is a sign of buying pressure caused by the Composite Operator (or Insiders as Anna Coulling calls them) which buy in the lower end of the trading range, as discussed in the book "A Complete Guide to Volume Price Analysis " by Anna Coulling. I posted this idea before (linked below). On that chart you see the On Balance Volume indicator. Notice the explosion of the on balance volume for CS, right after the Brexit. And you know what they say: "volume precedes price". I also labeled the chart of CSGNZ. Notice the differences in volume, particularly during the selling climax: Some facts that support the hypothesis suggested by the technical analysis: STRONG HANDS HOLDING CS A very large part of CS shares is held by a few very large long-term investors that don't sell on weakness but use it to add to their core position (smart money). In fact they've added just recently. These kinds of buyers and shareholders explain the pattern we see in the CS and CSGNZ charts. In the last couple of weeks more than 20 percent of Credit Suisse shares is owned by three shareholders: Harris Associates (with David Herro as fund manager) owns more than 10 percent of shares ( August 22 , 2016). The Saudi Arabian Olayan Group , through its registered entity Crescent Holding GmbH, holds more than 5 percent of shares and about 5 percent in convertible bonds ( September 12 , 2016) and is/was represented by someone on the board. The Capital Group holds more than 5 percent of shares ( August 30 , 2016). www.credit-suisse.com www.thecountrycaller.com www.finews.com Besides these shareholders there is the state fund of Qatar that owns more than 5 percent of shares and about 13 percent in convertible bonds ( June 17 , 2016) and is represented by someone on the board. Considering the long and intimate relationship of the Qatar state fund and Credit Suisse it is safe to assume they didn't sell in the past 3 months and this would imply no less than 25% of shares being owned by no more than 4 shareholders in the past month. Another shareholder worth mentioning is the Norwegian Sovereign Fund (Norges Bank), which claimed beneficial ownership the day after the selling climax on February 11 (owning 5 percent of shares on February 12). These are the shareholders that were required to file a Schedule 13D with the SEC, due to beneficial ownership. But I bet there are a lot of other institutions buying CS without reaching beneficial ownership.
NYSE:CSLong
by Undertow
BMW Double Bottom - Buy SignalBMW has formed a double bottom as shown on the weekly chart along with a decreasing volume which suggests a lack of selling pressure. We are now waiting for a confirmation signal from the RSI to break through its trendline before opening a position on this stock. We expect price to test the upper trendline of the triangle before breaking through should the UK decide to remain in the EU as UK is a huge importer of BMW cars. It was also reported a few days ago that BMW plan to accelerate plans to innovate driverless cars by partnering with technology companies and acquiring start up companies. On the long side, we expect this pair to head towards the €100 level. Alternatively, if the fundamentals send price down, we expect it to target the €50 level.
FWB:BMWLong
by londontradingcommunity
1
Bet on the support reboundThis trade aims at the short-term rebound from the historical low. Since June 07, short-sellers initiated a selling force to test JD's the 52-week low. The price was driven down,but no volume followed. However, when the price was reaching the 52-week low, there are people collecting the dimes, on June 16. Maybe the short-sellers were covering here. I think it is a good bet on a short-term rebound. Here is my plan: 1. Stop Loss at 19. 2. Profit taking at 23 or Time Exit in 5 days.
NASDAQ:JDLong
by cwho2090
Coloured Bolume Bars - SteynTrade_V2Updated version of Colour Volume Bars V2 The colour bars: Green: Price up - Volume > 2 x STD of last 21 bars Blue: Price up - Volume > 1 x STD of last 21 bars Maroon: Price down - Volume > 2 x STD of last 21 bars Purple: Price down - Volume > 1 x STD of last 21 bars Grey: not high volume bar black line: 2 bar sma Red line: 8 period sma Blue line: 21 period sma Bollinger band: 55 period sma with bands 2 deviation from the mean I use this indicator together with the TDI and Ichimoku indicators with the same period settings. Together they give price action, sentiment and volume on three time frames.
by SteynTrade
6