This is the US Inflation Rate (YoY) from 1914 until 2022. Symbol is called USIRYY and it measures the Inflation Volatility in the United States. With the War going on in Ukraine, and Russia trying to force its way through, I took the liberty of looking into the following: - How Global Wars Affect Inflation - How US Inflation Reacts to External Wars - How Wars...
This is actually an exercise in spotting the different kinds of days from Chapter 1 of Secrets of a Pivot Boss. Feel free to IM me if you disagree with any of my reads on the days. I think the idea might match a chart better where it doesn't show the globex session, so I will add another chart for SPY which only trades during cash market.
I've added a new function to my strategy that allows simulating the strategy's performance while gradually increasing the capital used each month, thus simulating both savings and investment simultaneously Backtest of my strategy docs.google.com
Hello, I have downloaded the backtest data so that you can better visualize the strategy I am implementing. The backtest covers the period from 2020 to 2023 with a capital of $1,000. In the following link, you will find the spreadsheet where everything is more detailed. Thank you docs.google.com
In the today's post, we will discuss one of the most crucial concepts in SMC - Change of Character. Change of Character relates to market trend analysis. In order to understand its meaning properly, first, we will discuss how Smart Money traders execute trend analysis. 🔘 Smart Money Traders apply price action for the identification of the direction...
this tutorial expands on finding confirmation before buying or selling the market
A key factor in trading is to know how to draw these area cause they can help you determine the next move for the next
This is a continuation of previous video The Funnel Process
This video explains how to pick your trading instruments out of the many. The funnel is a process to filter out all the un-tradable instruments and pick the best to trade.
Yesterday at the close we hit S4 and so without any stress or agonizing over it (can we go higher, is this the right level) I loaded up on SPXS, which I use because it is cheap so I can make a decent profit with sheer number of shares. During the night and this morning I checked the market and Alerts were going off we had reached S5, so again, no stress just...
Data comes as the central bank seeks to guide the US economy to a ‘soft landing’ to avoid a recession The US workforce added 336,000 jobs last month, much more than expected, as the world’s largest economy remained resilient in the face of higher interest rates. The sharp acceleration in hiring saw non-farm payrolls rise during September by almost twice as...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Today we are going to go over a practical example on #GOLD , but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. 📚 Always remember to follow your trading plan when it comes to entry, risk...
Welcome to the world of Elliott Waves. If you appreciate our charts, give us a quick 💜💜 Elliott Wave Theory revolves around three key elements: Impulse waves (in the direction of the trend) Corrective waves (against the trend) Wave degrees Impulse waves consist of five sub-waves, while corrective waves comprise three. These waves form cycles,...
In the today's article, we will discuss a trailing stop loss. I will explain to you its concept in simple words and share real market examples. 🛑 Trailing stop loss is a risk management tool that allows to protect unrealized profits of an active trading position as long as the price moves in the desired direction. Traditionally, traders trade with fixed...
ELLIOTT WAVE TRIANGLE Elliott Wave Theory is a popular method used by traders to analyze and predict financial market cycles, particularly in stock markets, forex markets, and cryptocurrencies. One of the key patterns within this theory is the Elliott Wave Triangle, which is a continuation pattern that occurs during the consolidation phase of a trend. Triangles...
Comprehensive Approach to BANKNIFTY Options Writing - Maximizing Premiums Introduction: In this trading idea, we'll explore a strategy for writing both out-of-the-money (OTM) and in-the-money (ITM) put and call options in the BANKNIFTY index. This strategy aims to take advantage of time decay and market conditions to generate consistent income. Objective:...
If you just started trading, you are probably wondering how to choose a trading time frame . In the today's post, I will go through the common time frames , and explain when to apply them. 1m; 5m, 15m Time Frames These 4 t.f's are very rapid and are primarily applied by scalpers. If your goal is to catch quick ebbs and flows within a trading session,...
In the dynamic world of forex trading, one key decision traders face is choosing the right time frame for their analysis. While there are various options available, the daily time frame holds a special place for traders seeking consistency and reliability. In this comprehensive guide, we will explore the compelling reasons why traders should prioritize daily...