-Today we are going to show Vix Index on daily chat compared to SP500 (orange line). The first thing we noticed is the Wedge formations on the chart. -As Vix starts going down, SP500 keeps rising, the concept is that people trust on the strength of the bullish trend, on this process we can see the Wedge patterns on VIX, and bullish trends on SP500. -To see...
Here I've plotted historical examples of daily crossovers of the 50 SMA and 200 SMA, and crossunders of the same metrics. Does this look like a winning strategy? CrackingCryptocurrency.com
In this video I am analysing some of the SPX gaps and how they could be used in trading
Undoubted similarities, I think it's a bot pushing prices in similar pattern, what do you think?
I know how to properly identify support and resistance levels that are backed by recent supply or demand. By this I mean, supply is what traders consider to be selling power that makes a currency value go down. Demand is the total opposite as it shows its self as support and encourages a currency's value to go up. With that said, support and resistance or supply...
Hi there, welcome to another educational post dealing with fractals. Again i will derive a possible path from a pattern which is not yet completed. So beware that there are many IFs,WOULDs and LIKEHOODs on the way to completion. The market will decide when to go where. IF the pattern gets invalidated we all will be happy in the sight of one thing less to worry...
I found this particular pattern recurring in every smaller time frame, including the 1 minute candlesticks. After a major correction, this fractal shape ensues. I am going to just leave this here. Obviously, I don't expect this to be accurate one bit. Just a lesson on fractals if it is :)
Fractal now tracking the 87 top and starting to test resistance, which might take a couple of weeks more ( the comparison daily/weekly here is on purpose as what has been led us here is the mere structure). Beyond the potential catalysts on the table ( too many actually for choosing one ) for a downturn of 87 proportion in 2018, the next two swings gotta be...
15 minute and 5 minute charts are really low timeframes already. Especially for swing traders so let me be clear about the fact that higher timeframe and lower timeframe are to be seen as relative terms here. ----- We can see the following happening: - in the 15min timeframe there's a clear accumulation going on. - There's a run up towards old resistance and an...