Continuing my tutorials on boxes trading strategy.
This time let's analyze NASDAQ:ABNB stock price movement.
Taking all appropriate steps as described in my first lesson:
1. Identifying long-term trend channel.
2. Finding supply and demand zones.
3. Drawing a box inside which price is moving sideways.
4. Buying demand zone bounces.
5. Watching for...
The previous setup on nasdaq failed to hold as the market turned bearish from the daily time frame. breaking through previous support area.
We expected more bearish price action to occur before a full on bullish reversal wave to take place.
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Namaste
So, we are reaching the end of the year folk.. 2020 will be gone.. HAPPY NEW YEAR..
What a year it was.. Lot's of ups and downs, We saw both 3000 and 24000 price channel in just one year.. We've experienced Covid-19 and the quarantine.. What a journey!!! We've learned a lot together from this year..
I tried my best to give you my experience on trading, analysis,...
HOPE
I have to start with a little lesson or reminder:
- Parasites: Organisms that live temporarily or permanently in a host, feeding off its host rent free, in its best interest to keep the host healthy or at least alive.
- Bacteria: Entire domain (Bacteria, Archaea, Eukarya - Animals & Plants are Eukarya) that just doesn't care, some of them eat their "host"...
You don't need to be a scientist or epidemiologist to see what's going on here. The COVID pandemic is out of control.
These charts are limited because they show total infections - not rate of infections per day.
The exponential appearance of total infections is because of the summation of infections.
However, if a country is gaining some control over the...
In this analysis I'll be shedding light on my own theory on:
- How President Trump's Covid-19 Positive news may impact the market
- Similarities and differences in historic cases
- Why Trump possibly announced his testing positive so quickly
Trump's Testing Positive
- Trump testing positive for Covid-19, 4 weeks before the presidential elections, is not good...
As we discussed earlier, The pandemic vaccine is expected to reach in 2021 so it will achieve it before the vaccine, second corona vawe is affecting world economic hopes again, China-US trade and political tensions are escalating with US elections. Us pandemic situation is not under control.
GOLD is moving with a strong uptrend. Will recommend drawing these trend line on your trading chart for the best entry and exit position. Trade with proper risk management.
From 2013 only one other match when two green bars following a red bar conclude with a red bar. See how closely SPX and bitcoin averages played out then and now. Do same with bitcoin's MACD. NOT ADVICE. DYOR.
In this sample of countries, China and New Zealand appear the most successful in fighting infection rates of COVID-19.
India and Brazil are still going exponentially north.
Do you believe lamestream media, or do you believe the data? The choice is yours.
China seems to be closest to developing a plateau, followed by NZ. I see the start of a second wave in...
I would like to know someone who studied normalized Gaussian curves with expected value u and variance o2.
In theory, the more we will test people, the more the curve will spike rapidly, to go down rapidly, but it's just mathematics, not epidemiology.
According to epidemiologists, there won't be second wave before September 2020.
Here is the official numbers...
Have a close look at this very busy chart. There is a crisis in airline industry after COVID-19 struck. Some do not realise how serious this thing is. Expand and drag the chart a bit if everything does not fit nicely.
The airlines are connected up to many things. I could not include everything. But for basic GDP when the airlines are hit GDP and trade are hit....
We can see the long term support forming a channel with the overhead support from 20k ATH. We can see how a BIG MOVE IS SETTING UP...ON or before AUGUST 27th 2020.
Brian Brooks is having fun making the new crypto dollar everyone is expecting.
Your dollars are just digits on a screen...unless a blockchain application creates a new transparent world.
Imagine...
Pink channel indicates the low following the breakdown and the point of breakdown. The red line is the broken trendline, and the green line is the new trendline. Yellow is all-time high, which may never be seen again.
I don't see the logic; if you have the ability to see into the near future, please tell me exactly what factor will today allow bitcoin to ignore trend analysis and moon.
Just have a look. I present a case for probability south on the DJI (Wall Street).
Reality is catching up.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions...
