Financial markets just finished its memorial 2023. Whatever the numbers at the “Closing bell”, on your monitors and in your portfolios, there is no doubt that 2023 year’s Santa Rally will go down in history as one of the most outstanding in many years. In November and December, 2023 the U.S. stock market was rallying for the 9th consecutive week in a row. This...
In the realm of technical analysis, the Know Sure Thing (KST) indicator stands out as a robust tool for traders seeking to decipher market trends and manage volatility effectively. This momentum-based oscillator amalgamates multiple moving averages to offer a comprehensive perspective on market momentum across various timeframes. Introduction to the Know Sure...
Imagine an investment as a journey with twists and turns. Knowing its different stages is like having a map for investors. It helps them decide if they want a thrilling ride with big potential rewards or a smoother path with steady stability, based on their comfort with risk. For investors, understanding the life cycle is crucial because it directly impacts the...
A Cost-Benefit Analysis of Looking outside the Scope of Trend: To Peek or Not to Peek “The trend is your friend until the end when it bends.” - Ed Seykota Trend analysis lies at the core of technical analysis. Modern technical analysis derived from Dow Theory. In turn, Dow Theory emphasized the nature and importance of trends and their constituent parts and...
Get rewarded for your ideas and scripts! A month earlier, on the 20th of May, Tradingview introduced its new Rewards Program . Sharing is powerful, right!? The TradingView community thrives on fantastic members who share their knowledge, experience, successes and sometimes even their failures. Interaction, open discussion and self-expression are the keys to...
The FOMO Paradox: Fearlessly Embrace the Joy of Missing Out In the vast realm of trading, where fortunes are made and lost, one peculiar phenomenon reigns supreme: FOMO, the Fear of Missing Out. It is a force that tempts even the most seasoned traders, whispering in their ears with alluring promises of quick gains and overnight success. But in this whimsical...
When it comes to using technical analysis for making trading decisions, a solid, simple, yet robust trading strategy is an essential foundation for traders to achieve consistent profits. However, constructing that strategy can be a challenge, especially for those new to trading, as there is an overwhelming amount of information out there. There are nearly...
AAPL, apple as world largest market cap stock in the world benefiting from “low rate” for past 40 years. Howard Marks have “ warned” the end of 40...Probably capitalist might take few years ( consolidation in most equities market) looking for “new boss”.?
The current FAANG symbol does not have a very long history. Depending on the symbol, you get a chart that either starts from mid-2019 or 2016. We get couple more years of data in this chart, back to early 2014. I weighted each stock equally according to its 60 month average, and adjusted for M2 expansion, which gives us a very consistent support line. There's also...
There are a number of reversal patterns that playout time and time again. The most reliable of the reversal patterns is the "Head & Shoulders" top and bottom. Some technicians don't like to use the term head & shoulders as it's used quite a bit and not all reversal patterns are confirmed and end end up being consolidation patterns instead. Whatever you like to...
AAPL is in a downward trend since January 4th, 2022!' Although AAPL could go down another 10% in the coming weeks, I believe this is not a good place to short it just before the Quadruple Witch(March 18th). Education: If you detect a Downward regression channel try to open a short position in the upper half or at least near the midline..! The biggest problem...
What is more important than the trading results??? The strategy behind the trading/investment models..! After doing lots of research, I decided to combine Warren Buffet, George Soros, and Jim Simons's strategies to build my own trading system. So far I am happy with the results..! Why? Because I beat the market in the past 2 months by far..! In a bullish...
Video I made for Best of Us Investors teaching about the 50% Retracement Levels technique. As always, using Tradingview to publish great chart examples!
What Is a Broadening Formation? A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a series...
NEXT RSI Divergence Play: Key Concepts - NEXT RSI is a low-lag, volume-weighted momentum oscillator that often precedes price action - Divergence play resets at each open (do not count prior session's highs and lows) - Use as you would other divergence strategies: higher price highs, lower NEXT RSI highs = bearish; lower price lows, higher NEXT RSI lows =...
Multiple different stock chart patterns, where every pattern is bullish.
In 2021, we should take the price reaction to 50EMA very seriously! Especially if you like to buy the dips! I believe it could be single best tool to help you find the best entry and exit point in many tickers..! Let's review few examples: 1- NASDAQ:NVDA 2- NASDAQ:MSFT 3- NASDAQ:AAPL 4- NASDAQ:GOOG 5- NASDAQ:FB 6- NYSE:CRM 7- ...
Words cannot express how much my followers mean to me. I’m eternally grateful for all the support and kindness I have received in the past few months from my followers on this platform. I came across an interesting story written by Friedrich Nietzsche, so I decided to share it here. I believe it will give you a clear pathway on how to follow others in life and...