USX is the average of NAS100 , SPX500 and US30 (all from BLACKBULL data provider). ( average of the 3 Open = O ), ( average of the 3 High = H), ( average of the 3 Low = L), ( average of the 3 Close = C), Plotted as candles using thoses OHLC, making a chart representing the average price action of indexes. It is preferable to use on 15m TF (read...
Hey traders, I share my analysis, signals and forecasts on Dollar Index occasionally. Quite often I receive questions from you asking me to explain what exactly that index means and why it is so important. Dollar Index (DXY) is a measure of the value of the United States Dollar against a weighted basket of major currencies. This basket consists of 6 following...
Dear readers and TradingView, today, it has been one year since our first publication. Therefore, we would like to express our gratitude for your immense support. Additionally, we prepared an education topic on indexes and oscillators for you. Indexes Indexes are cumulative sums of data, like price, volume, etc., continuously measured over time. Indexes are...
Index tracks performance of multiple assets that are grouped together. One of the first people to introduce the concept of indexing were Charles Dow and Edward Jones when they created the Dow Jones index in 1896. This concept allows for an easy tracking of performance of any particular sector within the economy. For example, the Nasdaq 100 index tracks performance...
There are thousands of different ways to trade the market. During the last 100 years, various trading strategies and techniques were invented. One of the ways to categorize them is to split them by types of traders. Such a category type will lean on 2 main elements: trading frequency and time frame selection. 1️⃣ - Scalper I guess 99% of newbie traders start...
... you are in trouble! - Howard Marx In the late '60s and early '70s if you didn't own the Nifty-Fifty, there was something indescribably wrong with your portfolio - or you. The Nifty 50 stocks got their notoriety in the bull markets of the 1960s and early 1970s. They became known as "one-decision" stocks because investors were told by individuals such as...
A stochastic oscillator is a momentum indicator. Trading Strategy: ✔ Recognise the trend: 👉 In a trendy market only open position in the direction of trend. 👉In a range market you can use both buy and sell signals. ✔ Upper band and lower band indicating different things in different market conditions: 👉In a trendy market upper and lower bands show the momentum...
In this video I go over a type of spread trade that I do on a regular basis. This type of trading is popular with hedge funds and is very powerful type of trade to have in your trading toolbox.
Occasionally I will be slapping together a commentary about the days action on my favorite index and making a point to pickout the best entry of the day. This does not mean I take these entries. I simply point them out. These posts will be short simple and insightful. Notice the daily is bearish. We know better than to hold onto long positions. Over the...