Three Black Crows is a term used to describe a bearish candlestick pattern that can predict a reversal in an uptrend. Classic candlestick charts show "Open", "High", "Low" and "Close" prices of a bar for a particular security. For markets moving up, the candlestick is usually white, green or blue. When moving lower they are black or red. The Three Black Crows...
Introduction In the world of stock trading, trend lines are vital tools for investors and traders alike. Mark Minervini, an acclaimed swing trader, is known for his strategic use of trend lines in assessing the strength of stock movements. This article delves into Minervini's approach, highlighting how he utilizes trend lines to identify optimal trade entries...
Financial markets just finished its memorial 2023. Whatever the numbers at the “Closing bell”, on your monitors and in your portfolios, there is no doubt that 2023 year’s Santa Rally will go down in history as one of the most outstanding in many years. In November and December, 2023 the U.S. stock market was rallying for the 9th consecutive week in a row. This...
When evaluating whether to take a short or long position, it's crucial to observe current trends. For example, the NQ 4-hour chart maintains its uptrend as it hasn't broken any higher lows. This was evident during a live chat I observed today, where some traders were initiating short positions anticipating a "flush." However, their rationale wasn't clear....
This is an education-style publication where the main graph is a comparison (ratio) between two ETFs (funds) managed by State Street Global Advisors Corporation, the creator of the world’s first ETF (well-known in nowadays as AMEX:SPY ) and an indexing pioneer. The first one ETF is The Technology Select Sector SPDR Fund, AMEX:XLK . 👉 AMEX:XLK seeks to...
This is a simple example of how anyone can attempt to understand price action, trade setups, and determine if the current trade setup is valid for any trading action. Unless you have a trading system that helps you identify highly successful trade setups, most people struggle to find opportunities before they turn into breakout trends (up or down). Ideally, most...
More examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols. In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important trader learn to see these opportunities from all aspects. Please...
Hey traders, QQQ is in an explosive uptrend as the AI narrative reaches fever pitch. However, as traders, all we care about is to look for long opportunities each and every time there is exhaustion by the sell-side. These exhaustions, signaled via the DIAMOND pattern, offer an incredible risk-reward... (10% gains on the first print and 5% so far). With the...
Even though I got cut off after about 25 minutes, I'm sharing this with all of you to teach you how to use one fo the most important PRICE STRUCTURE features for any chart Fibonacci Price Theory. The consensus of all TA is that PRICE tells us everything. Fibonacci Price Theory is the REAL DEAL. Use it on a 1 minute, 5 minute, 60 minute, or Daily - ANY...
In this post, I will attempt to provide evidence to show why the tech-led selloff is likely to be over (for now). I will use the Nasdaq 100 (QQQ) and its inverse derivative, SQQQ, as my argument's basis. The inverse (short) ETF of the Nasdaq, SQQQ, has never closed a weekly candle above the Leading Span B of the Ichimoku Cloud (pink line in chart). Last week...
So many have asked for tutorials on some quant strategies. So this is my first tutorial for some basic quant trading strategies. This is not really a strategy in and of itself, this is to help you determine realistic price points as part of your overall strategy. You will need Excel to do this. If you like this kind of tutorial/find it helpful, let me know and...
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...
The cycles of the S&P500 / PART 1 This post introduces a study I'm conducting with the main objective of understanding the cycles and sub-cycles that the S&P500 Index has. Why am I studying the S&P500? Because it is the most relevant index in the world. There is not any other economy in the world that gets close to the returns of the US stock market as a...
Multiple different stock chart patterns, where every pattern is bullish.
The Basics In Real World Macro Economics - Monetary System - Finance - Investing. While there are a lot of moving parts don't make it more complicated than it needs to be. Never mix Macro with Micro, Never Mix Politics with Macro. Just keep it simple.
TCON BNGO ONTX $TCON daily chart. January 16 2020 traded half it's float. March 2020 - Covid 3/16 to 8/27 Consolidation and huge block orders. Notice how regardless of the price, OBV is climbing higher and higher steps up, 1 step back 2 steps forward. Simple addition then subtraction rules apply and add and subtract green/red days volume for...
Here's another example of VIX's effectiveness as a market forecaster, for more information you can review the related idea. Please leave comments. Thank you, Israel
Let's begin by introducing Modern Monetary Theory (MMT), which is a contrarian view to the orthodox macroeconomic theory's of the past, such as the Autrian School of Economic Theory. The theory suggests, inter alia, that soveriegn nations which maintain a monopoly on their currency, can essentially use that monopoly to fund government spending, without the need of...