Throughout the history of the chart from 1915 to 2020, we see two similar situations as now on the chart:
1) 1930 (the beginning of the global economic crisis called the Great Depression).
2) 1966-1970 (Stagflation in the USA from the late 60s to the beginning of the 70s which grew into the oil crisis of 1973).
Dow Jones Industrial Average. Which reflects the...
I do not trades stocks or indexes at all but technical analysis can be applied to any instrument so this is my view on the DJ Index.
The DJI has had an incredible run since March 2020 (18183) to the high of 36855 made at the beginning of the year. What were the reasons for this?
1) Low to no interest policy of the FED
2) Optimism of recovery from Covid and...
A similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years.
The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a...
Energy buildup = violent move
The end off a penant = decisive move! happens more often then not.
Trading psychological levels. How is the majority trading? It is all emotional.
Stock market = reading the mental/psyche/emotional health of the herd.
Also markets want to 'fuck' you over, carefull of false moves!
Nothing is certain, they are all probabilities with...
See chart for key pivot points for todays trading day.
futures are up small at this moment, if we cannot obtain the pivots shown and we roll over into yesterdays low more volatility is to come, looking for sell setups
on the other hand if we can penitrate the pivot lines we could see a relief rally towards yesterdays open levels
Here i show you a simple trading stragety
on a 2 HR Chart.
So only a few trades in a month.
Trading Long if you have a high high
anmd trading short if you have a lower low.
10 Trades
+ 330
+ 60
+ 400
- 270
- 45
+ 30
+ 45
- 110
- 190
+ 250
6 Gewinner + 1115 Points
4 Verlierer - - 715 Points
SUMMARY 400 POINTS
with only 4 times a day to watch the...
Hello traders
I. Wisdom of the day
I heard a lot of trading saying that trading INDICES (CFD) is only interesting when the USA wakes up.
Nothing could be further from the truth...
It's not common knowledge that the DOW JONES/SPX500 often give an interesting move when the Europeans wake up.
This interesting trade often happens between 6:30 and 8:30 am...
Hello traders
I. Daily tutorial publishing challenge officially begins
Starting today, I'll be publishing every night what were the setups given by the Algorithm Builder Indices .
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You'll find more information about that script in this script...
