In terms of market direction, the short term trend is bullish, as the 9ema is trading above the 20ema. Moreover, the medium term trend is bullish, as the 20ema is trading above the 50ema. Finally, the long term trend is bullish, as the 50ema is trading above the 200ema. As a friendly reminder, given that all three trends are bullish, it would be prudent to think...
Welcome, fellow traders, to this exciting tutorial where we dive deep into the world of supply and demand analysis using the powerful Supply and Demand Deluxe indicator that I launched this morning. Prepare yourself for an enjoyable learning experience as we unravel the mysteries of supply and demand levels across various timeframes. So, grab your favorite...
Greetings fellow traders, Welcome to this installment of our newsletter where we analyze price action on AMEX:SPY on the daily, hourly, and 15 minute timeframes. We will keep this one short and sweet. DAILY TIMEFRAME What is the Trend? The short term trend is bullish: the 9-candle EMA is trading above the 20-candle EMA. The medium term trend is bullish: the...
Welcome back, traders! In our previous video, we took our first steps into Pine Script™ and learned about creating indicators. Today, we're going to dive deeper into the Pine Script™ landscape and provide some valuable pointers to guide you on your journey of mastering Pine Script™. So let's get started! The first important distinction we need to make is between...
Welcome back, traders! In today's video, we'll explore the powerful features of the Pine Script™ Editor, where we'll be working on our scripts. This editor offers a range of advantages that make our coding experience more efficient and enjoyable. The Pine Script™ Editor is specially designed for writing Pine scripts, and it brings several benefits to the table....
Welcome back, fellow traders, to another exciting episode of our Pine Script™ journey! In our previous video, we explored how to use existing scripts and indicators on TradingView. Today, we'll take the next step and dive into the fascinating world of reading and writing Pine Script™. In this episode, we'll focus on the fundamental aspects of reading Pine...
Welcome, fellow traders, to the exciting world of Pine Script™, TradingView's powerful programming language! I'm Stock Justice, and I'm here to guide you through the ins and outs of this incredible tool. So, buckle up and get ready to dive into the world of creating your own trading tools and strategies. Before we delve into the magnificent content of the Pine...
Get ready to revolutionize your trading strategy with our latest tutorial on the Chop and Trend Index (CTI)! This unique indicator, unlike traditional oscillators, provides a fresh perspective on market conditions by identifying periods of market chop and strong trends. Whether you're trading stocks, forex, or commodities, on any timeframe, the CTI is a...
Keep watch for the two upside gaps to fill on AMEX:SPY before mean reversion pullback! Levels discussed in the video. The upside gaps are magnets, pulling price higher. Don't be too eager to short SPY!
It has been 9 weeks since QQQ tapped the 21-ema on the weekly chart. The last time that happened? December 2021. Tech is mega-stretched to the upside, and mean-reversion is on the menu. $330 puts expiring in two weeks $310/$290 put debit spread expiring in September. $345 stop loss. Hedge with short-term calls as needed.
Hey there traders, Stock Justice here! Are you ready to elevate your trading game? Today, we're going to delve into an exciting indicator I call 'Bars since EMA touch', or 'BSET' for short. Buckle up, because we're about to kick your technical analysis up a notch! The BSET, at its heart, revolves around the Exponential Moving Average, or EMA. When setting up...
Join Stock Justice as we navigate the thrilling rollercoaster of the SPDR S&P 500 ETF Trust (SPY) and the high-stakes poker game of the debt ceiling standoff. From SPY's triumphant rise from its October 2022 lows to the jitterbug dance of the market's recent chop, we'll delve into the complexities of these market dynamics. We'll also tackle the potential...
In this video, Stock Justice introduces you to the Volatility Adjusted ADX (VADX), a powerful tool that combines trend strength and market volatility. Learn how to customize your settings for optimal analysis and how this indicator, with its proprietary mathematical formulation, offers a nuanced perspective on market dynamics. Discover the benefits of normalized...
I've been closely monitoring the QQQ ETF, which tracks the NASDAQ-100 Index. It's a popular trading instrument, and I'm always looking for patterns and potential trade setups that might provide interesting opportunities. In this particular analysis, I used the Fibonacci retracement tool, a widely-used technical analysis method that predicts potential support and...
Hey there, Stock Justice here. Today, I walked you through using the Dual Dynamic Fibonacci Retracement Levels Indicator on TradingView. This powerful tool calculates pivot points and determines Fibonacci retracement levels based on your position in the market. I explored every input, from lookback periods to toggling extra levels, to shifting and extending lines....
In this comprehensive tutorial, we dive deep into the world of the Trendicator, a powerful and innovative trading tool made by @StockJustice that enables traders to identify trends, spot reversals, detect bullish and bearish divergences, and perform multi-timeframe analysis. We delve into the inner workings of this never-before-seen indicator, demystifying its...
In this video, titled "Market Rollercoaster: Harnessing Volatility with the Strangle & Iron Condor Combo!", Stock Justice walks viewers through an innovative and potentially profitable trading strategy designed for a highly volatile market environment. This strategy aims to exploit market volatility without being directionally exposed, making it an excellent...
In this comprehensive tutorial, Stock Justice offers an insightful walkthrough of the enhanced Supply and Demand Indicator. We delve into the tool's advanced features, demonstrating its capacity to identify pivot points across multiple timeframes, its customization options, and ways to interpret its outputs. The video provides valuable guidance on how to navigate...