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SPY/QQQ Plan Your Trade For 9-23 : GAP Breakaway PatternToday, I believe the SPY will consolidate downward after last week's Fed rate cut. I believe the next move for the SPY/QQQ will be higher, but I feel the markets need a pause phase to settle before moving into the rally phase near Wednesday (9-25). Overall, I believe the SPY/QQQ and Gold/Silver will pause in early trading this week, then move into a continued rally phase as the markets digest the Fed rate cut. Remember, this 50bp cut won't translate into any real immediate move of 2-4%. The way the markets work is they transition into the opportunities created by the rate cut. That means we'll see technology and speculative stocks attempt to bounce higher going into October 14-15 - maybe a bit further. But, I do expect a wave of selling to hit just before the elections - so I'm warning everyone to stay cautious after October 11-14 as I believe the likelihood of a moderate Flash-Crash (Deep-V) type of event is very high. Right now, the markets seem like they want to settle and attempt to break away from recent resistance areas. This is more evident on the QQQ chart. Your opportunity to buy into lows over the next 2-3 days will allow you to really benefit from the next upward rally phase. BTCUSD appears to be stalling/topping and will likely roll downward towards the 58k to 60k level over this same time. BTCUSD needs to settle into the next low before attempting to make another move higher (probably very late in October - after October 25-28). Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
5
Nothing More Than What I See!!!Well folks, I really put it out there today... 4 chart expectations... Last but not least, let's talk about NASDAQ:QQQ I am about a week late to this party and may have to readjust sooner than later on this one... I laid out some support levels in dark blue... Looks like Sloping Support is in tact... Visual test of Triple Top, does it break upward from there??? Anyone ever heard of Higher Lows??? I am Very Comfortable snagging NASDAQ:QQQ 494C expiring 9/27 on another Run To ATH Again, I don't know a darn thing... I'm just sharing what I see... Sorry for yall, the optometrist says I need glasses!!! I am by no means a professional investor, stock analyst, or financial advisor... I am a tier lower than an amateur beginning trader, so please do not jump into any recommended trades without doing your own research!
NASDAQ:QQQLong
by FliCityOptions
3
SPY LOVERS ! NEW ALL TIME HIGHS But be very careful ! Check hereFINALLY HERE ! NEW ALL TIME HIGHS ! But wait!!! do you really Trust those 2 last Dojis ? Here are 2 quick scenarios to analyze for the week: Scenario #1 (Green Line): The price may pull back to bounce off the order block zone I have marked in white, which we know as the institutional block where there was a lot of liquidity. I call this pattern in my trading system "N3" as it consists of 1 breakout + 1 pullback + 1 trend decision. Scenario #2 (Red Line): Always considering our active order block zone, the price may break through the block with strong momentum, confirming another pullback or bearish market for several days. In this case, AGAIN, the price could fall back to our buyer pressure zone (blue zone), where higher buying pressure volume has been shown. NOTE: All of this depends on the bearish strength the market carries; we can tell if the market will break downward by simply observing bearish volumetric candles or seeing a lot of active bearish volume. But for now, we can't do anything as long as the price remains within our bullish channel, which we'll keep monitoring throughout the week! The decision will become very clear once the price makes the choice to break out of my bullish channel. Best regards, and a million thanks for supporting my analysis!
AMEX:SPY
by RocketMike111
Key Differences Between Trading and InvestingTrading vs. Investing: Key Differences and Practical Insights Trading and investing are often confused, but understanding their differences is essential for success in financial markets. Both terms refer to distinct strategies with unique objectives and methods. In this guide, we break down the differences between the two, explain why they matter, and provide practical tips to help you decide which approach best suits your financial goals and risk tolerance. What is Trading vs. What is Investing? Trading involves buying and selling financial instruments such as stocks, commodities, or currencies over short periods. These timeframes could range from seconds to days or weeks, and the goal is to take advantage of small price fluctuations for quick profits. Traders often rely on technical analysis and market trends to time their trades effectively. Investing, on the other hand, is a long-term strategy. Investors purchase assets like stocks, bonds, or real estate with the expectation that these will appreciate in value over time. They are less concerned with short-term price movements and more focused on broader economic trends and company fundamentals, aiming to build wealth over months, years, or even decades. The Essence of Investing: Long-Term Wealth Investing is all about patience. Investors buy assets with the intention of holding them through market ups and downs, ultimately benefiting from compounding returns. For instance, if you invest $10,000 with an average annual return of 7%, your investment could grow to nearly $20,000 in ten years through compounding alone. To mitigate risks, successful investors diversify their portfolios. Spreading investments across different sectors or asset types (e.g., stocks, bonds, and real estate) helps cushion against downturns in any one market. Investors focus on fundamentals—like company earnings, dividends, and economic conditions—rather than short-term price movements. The Fast-Paced World of Trading In contrast, trading is fast-paced and focuses on short-term market movements. Traders aim to capitalize on small, rapid price fluctuations. For example, a trader might buy tech stocks when prices drop 3% in the morning and sell them by afternoon for a quick 5% gain. Unlike investors, traders are not interested in holding assets for the long term. Instead, they react to market news, economic reports, and even political events. Trading can be especially profitable in volatile markets such as cryptocurrencies or commodities, where price swings occur rapidly. However, this fast-paced environment means traders face higher risks. They must make quick decisions and often rely on technical analysis, such as studying price charts and volume patterns. Here, we emphasize the importance of risk management and emotional discipline in trading. Successful traders develop a well-thought-out strategy and stick to it, even during moments of market volatility. Key Differences Between Trading and Investing To better understand these approaches, here are the key differences between trading and investing: Time Horizon: Investing: Long-term (years to decades) Trading: Short-term (seconds to months) Risk Tolerance: Investing: Lower risk due to a longer time horizon Trading: Higher risk due to volatility and frequent transactions Profit Objective: Investing: Building long-term wealth through appreciation Trading: Making short-term profits from price movements Decision-Making: Investing: Based on fundamentals and long-term trends Trading: Based on technical analysis and short-term market sentiment For example, during a market downturn, investors might hold onto their stocks, confident in a long-term recovery. Traders, however, may sell quickly to avoid losses, as they are focused on short-term price movements. Including real-world examples like these highlights the importance of choosing the right approach based on your goals. The Psychological Battle in Trading While both trading and investing require market knowledge, trading demands a sharper psychological edge. In trading, emotions like fear, greed, and impatience can easily derail a strategy. Traders must learn to stay calm and disciplined in fast-moving markets. Common mistakes, such as becoming emotionally attached to a losing trade, can result in significant financial losses. Practical strategies for controlling emotions in trading include: Setting Clear Stop-Loss Levels: This ensures that you minimize potential losses by automatically selling an asset if it drops below a pre-set price. Sticking to a Trading Plan: Develop a strategy and follow it diligently, regardless of market conditions. Mindfulness and Reflection: Regularly assess your emotional state to avoid impulsive decisions. Here, we emphasize the importance of emotional discipline, risk management, and consistent evaluation of strategies to help traders succeed. Investors Have Time on Their Side Investors benefit from the luxury of time. They aren’t focused on short-term fluctuations, so they can ride out market volatility without panicking. For example, when the stock market drops, an investor might hold onto their assets, knowing that markets generally recover over the long term. This long-term approach allows investors to avoid the emotional rollercoaster that comes with short-term trading. Investors also focus on the big picture—macroeconomic trends, industry health, and the performance of individual companies. They are less concerned with daily price movements and more focused on overall growth over time. Can You Be Both a Trader and an Investor? Yes, it’s possible to adopt both strategies, but it requires discipline to keep the two approaches separate. Some people allocate a portion of their portfolio to long-term investments while actively trading with another portion. For instance, you could invest in index funds for steady, long-term growth while also trading tech stocks for short-term gains. However, it’s crucial not to confuse the two. Mixing a long-term investment mindset with a trading strategy can lead to poor decision-making, such as holding onto a losing trade in the hope that it will eventually recover. Final Thoughts: Balancing Trading and Investing The key to success in both trading and investing lies in understanding your goals, risk tolerance, and time horizon. Here, we focus on helping traders navigate fast-paced markets with precision and discipline. However, we also recognize the value of long-term investing as a strategy for building wealth. If you’re looking to balance both strategies, consider: Allocating Capital: Divide your portfolio between long-term investments and short-term trades. Setting Clear Goals: Know what you want to achieve with each strategy. Reviewing Your Portfolio: Regularly assess both your trading and investing strategies to ensure they align with your financial objectives. Whether you’re aiming for long-term wealth through investing or seeking short-term gains through trading, understanding the differences between these two approaches is essential for success.
AMEX:SPYEducation
by exlux
Master the Trading Mindset: Lessons from Trading in the ZoneTrading in the Zone by Mark Douglas is widely regarded as one of the most important books for traders seeking long-term success. The book emphasizes that consistent profitability in trading is not only about mastering strategies or market knowledge but, more importantly, about trading mindset, mastering your own mind. Many traders focus purely on technical or fundamental analysis, but Douglas insists that psychological discipline is what separates successful traders from the rest. By understanding the emotional and mental aspects of trading, you can turn potential obstacles into strengths. Why Most Traders Struggle: The Illusion of Market Control One of the core ideas in Trading in the Zone is that many traders enter the market under the false assumption that they can control outcomes if they make the right predictions. This mindset is deeply flawed. The financial markets are inherently unpredictable. Even with the best analysis, there are countless factors influencing price movements that are beyond any trader’s control. Key Lesson: Embrace Uncertainty Douglas emphasizes that successful traders must understand that the market is governed by probabilities, not certainties. You will never be able to predict the market with 100% accuracy, and that’s okay. The goal isn’t to be right every time, but to develop an approach that gives you a statistical edge—one that ensures you come out profitable over time, even when some trades fail. Think of the market as a casino: while the house doesn’t win every game, its edge ensures that over time, it’s consistently profitable. Similarly, traders need to focus on building a system that works across a large number of trades, rather than getting caught up in trying to control individual outcomes. Building a Winning Attitude: The Process vs. The Outcome A major theme in Trading in the Zone is the need to shift your mindset from being outcome-driven to being process-driven. Most traders make the mistake of evaluating their performance based on whether they won or lost an individual trade. This creates a dangerous emotional cycle, where wins create overconfidence and losses spark fear or frustration. Key Lesson: Detach from Individual Results Douglas teaches that trading is a marathon, not a sprint. Consistent success comes from focusing on the process, not individual trades. You must follow your plan and rules consistently, regardless of the outcome of a single trade. Winning trades don’t always mean you followed your plan, and losing trades don’t necessarily indicate failure. Instead, long-term success comes from disciplined execution of your edge. By focusing on process over profits, traders can eliminate the emotional highs and lows that lead to inconsistency. This mental shift helps you stay level-headed, even when things don’t go your way. The Role of Beliefs in Trading: How Your Mindset Shapes Your Actions Our beliefs influence how we behave in the market. If you have subconscious fears about losing money, or if you believe that being wrong is a sign of failure, these beliefs will manifest in your trading actions. You might hesitate to pull the trigger on a trade, cut winners too early, or hold onto losing positions because you’re afraid to admit defeat. Key Lesson: Reprogram Your Mindset In Trading in the Zone, Douglas explains that you must reprogram your mindset to align with the realities of trading. Accept that losses are part of the game. Successful traders understand that losses are inevitable, and they don’t let individual losses affect their confidence. Trading success comes from building a set of beliefs that supports objective decision-making. For example: Limiting belief: “I can’t afford to lose money.” Empowering belief: “Losses are a natural part of trading; my edge will prevail over time.” By changing these internal beliefs, traders can reduce emotional interference and make rational decisions in line with their strategy. Thinking in Probabilities: Shifting to a Casino Mindset Douglas spends considerable time explaining the concept of thinking in probabilities. He uses the metaphor of a casino to illustrate how successful traders operate. A casino doesn’t win every bet, but its edge ensures that over thousands of games, it consistently comes out ahead. Similarly, traders need to think of their trades in terms of probabilities. Key Lesson: Your Edge is Everything Your edge is your winning probability over a series of trades, not your ability to predict individual outcomes. Once you accept that losses are part of the game, the emotional attachment to individual trades fades. What matters is sticking to your system and letting the edge play out over time. In practical terms, this means: Don’t let a losing trade shake your confidence. Don’t get overly excited about a winning trade. Stay committed to your system, knowing that it will be profitable over time if you consistently apply it. Overcoming the Fear of Losing One of the biggest challenges traders face is the fear of losing. Fear of losing can cause you to avoid entering trades altogether or exit winning trades too soon. This fear stems from not fully accepting the risks of trading. Key Lesson: Accept the Risk Before Entering a Trade Before placing any trade, you must be at peace with the potential loss. Douglas emphasizes that you should only trade when you are completely comfortable with the risk. If you can’t emotionally handle the thought of losing a certain amount of money, you’re risking too much. By accepting the risk upfront, you free yourself from fear and allow yourself to trade objectively. Douglas advises using smaller position sizes or setting tighter stop-losses until you feel confident about the level of risk you’re taking. Once you accept the risk, you can approach the market with less emotional interference and more discipline. Consistency is Key: The Power of Discipline Many traders struggle with inconsistency. They might have periods of great success, followed by periods of undisciplined trading that wipe out their profits. Douglas explains that the secret to long-term success in the markets is consistency—not in your results, but in your actions. Key Lesson: Follow Your Rules The most important trait of successful traders is that they follow their trading rules every single time. When you deviate from your rules because of fear, greed, or frustration, you open yourself up to unnecessary risk and losses. On the other hand, by consistently following your edge and your system, you guarantee that you will capitalize on your strategy’s strengths over time. Consistency in following your plan leads to consistent results. Discipline becomes the foundation of a successful trading career. The Psychological Barriers in Trading: Recognizing and Managing Emotions Emotions such as fear, greed, impatience, and overconfidence are often the biggest roadblocks to successful trading. Douglas emphasizes that the key to overcoming these barriers is self-awareness. Traders must learn to recognize when their emotions are influencing their decisions and develop strategies for managing these emotions. Key Lesson: Mindfulness and Emotional Control By practicing mindfulness, traders can learn to separate their emotional responses from their actions. For example, when the market moves against you, instead of reacting impulsively, take a moment to assess the situation objectively. Is this a market move you’ve anticipated in your plan, or is it an emotional reaction to an unexpected event? Douglas encourages traders to develop emotional control strategies, such as: Journaling your trades to reflect on your emotional state during each trade. Setting clear, predefined exit strategies to avoid emotional decision-making. Practicing visualization and breathing techniques to stay calm during high-stress moments. Developing a Rules-Based Trading System Another crucial concept in Trading in the Zone is the importance of having a rules-based trading system. Many traders enter the market without a clear plan or rules, relying on gut feeling or market sentiment. This lack of structure leads to inconsistent results and poor decision-making. Key Lesson: Create and Follow a Solid Trading Plan To achieve success, Douglas emphasizes the need to create a trading plan that outlines: Your entry and exit criteria. How much you are willing to risk per trade. The market conditions under which you will or won’t trade. Having a plan allows you to remove emotion from your decision-making process. When you have clear rules in place, you don’t have to guess or second-guess your actions. Instead, you follow your plan with discipline and consistency, leading to more predictable results. Trusting Yourself and Your System One of the final messages in Trading in the Zone is the need to trust yourself and your system. Many traders fall into the trap of doubting their strategy after a few losses, even if the strategy has worked well over time. This lack of trust leads to system hopping, where traders jump from one strategy to the next, never giving any single approach enough time to prove its worth. Key Lesson: Confidence and Commitment Douglas emphasizes that once you’ve developed a solid trading system, you must commit to it fully. Trust that your system will work over a large number of trades, and resist the temptation to abandon it after a few losing trades. Confidence in yourself and your strategy is essential for long-term success. The Zone: Peak Performance in Trading Douglas describes the ultimate goal of every trader as achieving “the zone.” This is a mental state of peak performance, where you are fully in tune with the market, your emotions are under control, and you are executing your trades with clarity and confidence. Traders in the zone are not fixated on individual outcomes but are fully present and focused on following their process. Key Lesson: Reaching “The Zone” in Trading: Achieving Peak Performance In Trading in the Zone, Douglas introduces the idea of “the zone” — a state of peak performance where a trader is completely in sync with the market. In this mindset, emotional distractions are minimized, allowing you to make clear, confident, and unbiased decisions. When traders enter the zone, they’re fully focused on their process and not concerned with individual wins or losses. Key Lesson: How to Achieve the Zone Getting into the zone requires practice, emotional control, and mental discipline. By focusing on your trading process and minimizing emotional responses, you will begin to trade with precision and without hesitation. Some key steps include: Mastering Emotional Control: Remove attachment to individual outcomes. Focusing on the Process: Commit fully to your strategy and trading plan. Trusting Your System: Develop unwavering confidence in your edge over time. When you’ve trained your mind to operate in the zone, trading becomes a fluid experience, and you are better equipped to handle the challenges of the market. Final Thoughts: The Psychology Behind Trading Success Trading in the Zone offers profound insights into how the mind shapes success in the financial markets. The key takeaway from Douglas’ work is that mastering the mental game is essential for consistent, long-term profitability. Successful traders learn to think in probabilities, accept risk, and develop the discipline to follow their edge consistently. Key Takeaways: Embrace Uncertainty: Focus on probabilities rather than certainties. Reprogram Limiting Beliefs: Accept that losses are part of trading. Focus on Process Over Outcome: Build and trust your trading system, and don’t be swayed by short-term results. Master Emotional Discipline: Be aware of how emotions like fear and greed impact your trading decisions. Strive for Consistency: Following your rules consistently will lead to consistent profits over time. By focusing on mindset and emotional control, traders can overcome common pitfalls and achieve the level of discipline required to succeed in the highly competitive world of trading. Through Trading in the Zone, Mark Douglas offers a blueprint for developing the mental resilience needed to thrive in any market environment. If you’re looking to elevate your trading performance, internalize these lessons and put them into practice. The market may be unpredictable, but with the right mindset, you can navigate it with confidence and discipline.
AMEX:SPYEducation
by exlux
Technical Analysis of the S&P 500 (SPY) With Price ProjectionI expect the S&P 500 to decline in price based on the technical indicators and explanations in this chart. I welcome any comments and feedback. A new down trend is expected based on the v-reversal pattern. There is support at 409 which is a 28% drop from the current price. That, coupled with light volume, indicate price for the SPY should decline. Also, if you look at the long term trendline of the S&P 500 (far left), that trend line is too steep and unsustainable. Interestingly, there is also a long term decline in volume since 2009. Currently, RSI is not over 70 so the market could push slightly higher but a new up trend is not expected.
AMEX:SPYShort
by awoodTC
Spy 580-600 by Early OctoberHello traders, I think with the ratecut we could be entering a bullish period at least till early October. I could see spy hitting 600 or at least 580. I still think it will go even higher than that after an early October pullback... and rally into/after the election. Will ratecuts due to inflation coming down and the economy seeming to be doing OK... at this point I don't see anything stopping the bull train. Choo Choo... Hop on board! I also show green Bull Full Moon and red Bear New Moon. We are in a bullish period till the next new moon on 10-2-2024. P.S. I think crypto is gonna run as well...
AMEX:SPYLong
by TheUniverse618
Need aggravated buying for next week. Without SPY 600+Unless SPY starts blasting through the 570-585 range early next week, we will be stuck going sideways. I thoroughly expect a lot of complacency in buying or selling and expect volume to shrivel without much push through to March 2025, in which case bear can start making a case and some kind of genuine rollover could occur in 2025. My guidance : Unless SPY blasts through 600-620 range within the month, do not get bullish as sideways will be the recipe for the next 6-8 months, before we could start approaching a downtrend or legitimate correction.
AMEX:SPY
by rook2pawn
1
QQQ The Target Is DOWN! SELL! My dear followers, I analysed this chart on QQQ and concluded the following: The market is trading on 482.42 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 465.55 Safe Stop Loss - 492.36 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQShort
by AnabelSignals
3
SPY Buyers In Panic! SELL! My dear friends, SPY looks like it will make a good move, and here are the details: The market is trading on 568.10 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 557.14 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
AMEX:SPYShort
by AnabelSignals
1
QQQ at $820: Madness or Possibility?Disclaimer: First and foremost, it's important to clarify that this analysis is not a buy recommendation, nor was it made with the expectation that prices will definitely reach this target. The goal here is to share a technical perspective and offer another piece of information for traders and investors to consider. In technical analysis, especially in the classical approach, there are no certainties. My intention was simply to share an interesting idea I noticed while applying concepts from the literature. Hey everyone, I’ve been looking at the weekly chart of NASDAQ:QQQ , and it seems we’re following a pretty healthy uptrend. From what I’m seeing, we might be on the way to a wave 5 (Elliott Wave) of this upward move, which is quite interesting. To back up this analysis, I took a look at John Murphy’s classic book , Technical Analysis of the Financial Markets , to review Fibonacci projections. Applying Fibonacci to Wave 5 John Murphy gives some great tips on how to project the top of wave 5 using Fibonacci. In chapter 13 (page 346), he says the following: "The top of wave 5 can be approximated by multiplying wave 1 by 3.236 (2x1.618) and adding that value to the top or bottom of wave 1 for maximum or minimum targets." And there's another one: "Where waves 1 and 3 are roughly equal, and wave 5 is expected to extend, a price target can be obtained by measuring the distance from the bottom of wave 1 to the top of wave 3, multiplying it by 1.618, and adding the result to the bottom of wave 4." Applying This to the Weekly QQQ Chart So, I applied these ideas to the QQQ weekly chart and, honestly, I came up with a wave 5 target between $820 and $830 . Yes, it seems quite far from the current levels, and I admit that at first, it sounded a bit exaggerated. But, following Murphy's reasoning, these are the numbers that make sense based on Fibonacci projections. But is that realistic? I know, it’s a bit of a surreal target, right? $820 - $830 is far off, especially considering where we are now, but following the Fibonacci rules that John Murphy describes, we can’t entirely rule out this possibility. 😅 Even though these values might seem unlikely at first glance, technical analysis encourages us to keep an open mind about future possibilities. Still, one question struck me while doing this analysis: What could actually make wave 5 extend this much? I'd love to hear your thoughts! Do you think there are other factors at play that could push the price this high, or is this projection too ambitious? Share your insights in the comments, and let's discuss it together!
NASDAQ:QQQ
by LuccasChartRoom
$SPY September 21, 2024AMEX:SPY September 21, 2024 Daily. I still have target 580 levels. Then a big move after consolidation. 60 Minutes Uptrend Confirmed. For the rise 539.95 to 572.88 holding 560-565 is crucial for further targte 580 initially. 556-558 should provide good support as it is 100 and 200 averages in 60 minutes time frame. Now we have oscillator divergence. SO AMEX:SPY should consolidate between 560 570 levels for 2 or 3 days. 15 Minutes. For the rise 560.84 to 572.88 AMEX:SPY has retraced 61.8%. Hence a temporary double top around 570 levels can be expected. We have 2 HL supported by oscillator. At the moment 565-566 should give a good entry point. In 15 minutes weak below 563 levels as 200 averages could be broken.
AMEX:SPYLong
by RiderTrader
3
Preparing for Winter: Accumulating Natural Gas and DBC ETFs in ATitle: Preparing for Winter: Accumulating Natural Gas and DBC ETFs in Anticipation of Rising Prices Comment: As colder months approach, I'm positioning myself strategically by accumulating Natural Gas, expecting a significant price surge driven by tight supply and potential demand spikes. Additionally, I'm reinforcing my portfolio with the DBC ETF, which covers commodities within the same sector. With rising energy needs on the horizon, this could be the perfect storm for a strong rally in energy markets.
AMEX:UNGLong
by Maximus20000