CME: E-Mini Nasdaq 100 Weekly Options ($Q1D-$Q5D) When I first started trading two decades ago, I was overwhelmed by the amount of data that was available. I had a hard time correlating how data relates to price movement. While observing the stock market, I have one question in particular: why does the market often moves drastically immediately after the release...
Why jobs added or lost won’t have a big effect on the tech stock markets in the future Every month, I get asked about NFP (Non-Farm Payrolls). This is a barometer that comes out on the 1stFriday of every month. It tells us one thing. Whether the number of jobs were added or lost in the US economy for the previous month (excluding farming jobs). Well let’s...
I'm back y'all. I thought I vent a little. Here's a short story-time of why i've been gone and I hope it helps anyone in their trading journey. How's the week going?
This strategy is a trend following strategy to be applied when the market is uptrending. It demonstrates the significance of breakout levels which are very often retested prior to continuation to the upside. For Trend visualisation, 10, 20 and 50 Moving averages are used. If you apply ONLY this setup and and nothing else, you will have a statistical edge and be...
Have asked yourself why Wallstreet Bets popularity and Best years for Citadel overlaps? Or Why Citadel’s CEO Keneth C. Griffins thanks WSB for creating the best pipeline they ever had? Let’s review some data before making any hypothesis..! Ken Griffin's Citadel raked in $16 billion in 2022, marking the best year for any hedge fund in history. Ken Griffin's...
Now I've been TRADING trend continuation for 180 days now and I had something come to me on WEDNESDAY. The market being in an over bought or sold situation can affect our TRADES. I'll be making use of the RSI to aid my setups (that is: where my SLs and TPs even entries will be). Here are rules that can guide you after watching the video. RULES OF THE RSI 1. Above...
Trading well is a marathon and not a quick race. It doesn’t matter how much money you banked in a week, winners you took or how much money you have in your account. What does matter is one word “Persistence”. And with persistence comes, 10 signs that you’re doing well with trading. Let’s get to them… Sign #1: You have the passion to LEARN how to trade When...
To start anything in life, no matter what it is or how long it may seem, you need to take the first step. With trading it’s the same, with one little difference. You have the opportunity to learn the costly mistakes, tips and the strategies that have worked for other successful traders. This way you can, take the shortcut to kick start your trading career, make...
This is a knowledge oriented video and I hope someone gains a bit of something from it.
I use hourly range charts to analyse the distribution of the market. Range charts make it easier to see the extremes in the chart. I also look at the time and the range of the hour. Statistically, 61.8% time market should range. Also, the market should stay in the same range 61.8% until the next day or session. Draw your volume profile. Mark the time of the...
Rate of change is used to mathematically describe the percentage change in value over a defined period of time, and it represents the momentum of a variable. The calculation for ROC is simple in that it takes the current value of a stock or index and divides it by the value from an earlier period. Subtract one and multiply the resulting number by 100 to give it a...
Let's observe charts the way Wyckoff looked at them: Analysis of supply and demand on bar charts, through examination of volume and price movements, represents one of the central pillars of the Wyckoff method. Wyckoff's third law (Effort versus Result) involves identifying price-volume convergences and divergences to anticipate potential turning points in price...
If you want to have a good forecast, you need to calculate all the possibilities ..! A comparison between 2008 & 2022: A Comparison between 2000 & 2022: My Observation: 1- In the 2000 market crash, after the early -39.5% market bounce back 43% in the next 3 months and then go down 73%. 2-In the 2008 market crash, after the early -25.5% market bounce...
All traders have noticed the change in the market behavior in 2022..! This a market like you never have seen before..! This is the second-worst start of the year for US equities in 123 years. For context, the -11.9% drop in the first 44 trading days in 2022 is only rivaled by the 1920 Great Depression and the Great Financial Crisis. (MacroAlf, Author of The...
What Is Volatility? Oxford Dictionary: Liability to change rapidly and unpredictably, especially for the worse. Finance: Volatility is the degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns. Historic volatility : measures a time series of past market prices. Volatility effects on...
Here I put up a series of deflactors on the Nasdaq 100 Total Return... I like to use Total Return Indexes becuase they acurately reflect the actual growth of the invested money, rather than simple price indexes... I picked the Nasdaq because as you may have noticed from previous posts the Nasdaq is the absolute winner in terms of performance in the last 15...
Hello traders, Everyone of us have went through one or many of these traits listed here. Some of us are still struggling with this. Honestly, trading psychology is less taught in the trading world and this has become one of the contributing factors that causes traders to lose money and give up trading. These traits, if they are not controlled they can burn...
Hello everyone, Let's look at few of my favorite chart patterns that I use from day to day in my trading and analyses. These patterns appears in almost every asset, instrument and currency pairs in the financial market and stock market. Forex chart patterns are on-chart price action patterns that have a higher than average probability of follow-through in a...