The Market has the habit of Shrugging-off Weak Hands every once in a while by creating a "Panic Sell-Off" Scenario. The most popular arguments that we get to see are 1) Long Term Investors - Be Patient - ignore noise - avoid looking at markets daily 2) Traders - Every stock has to have a SL. Else short Term bets will turn long investments unnecessarily While...
Gold price posts modest gains, lacks bullish conviction as traders keenly await US NFP 5 January 2024 •Gold price attracts some haven flows on Friday amid geopolitical risks and China’s economic woes. •Reduced bets for more aggressive policy easing by the Fed cap any further gains for the XAU/USD. •Traders also seem reluctant to place aggressive bets ahead...
The tape was clear, the price wanted to go up. You can see al prediction tweeted in the charts. I was not ready to trade because I have some things to do out of home, I just gave my targets, but when I get back I saw the markets conditions and I just could not resist and I enter long at 4468 and close my last contract at 4500. As some point during the day I was...
Revisamos el comportamiento del precio y el volumen a corto plazo en los últimos días. Desde el ocho de noviembre estamos en la parte intermedia entre el último y el penúltimo rango de precios. Como si el BTC estuviese a punto de caer en alguno de los dos. Han habido algunos intentos de empujar el precio hacia abajo en varias ocasiones, causando mínimos...
Wait Conviction 4 upside break vs risk buying into Channel
Insurance Earnings have been Bullish; Potential Sentiment Reversal to Upside
SPECTRUM PHARMA (SPPI) Patience paying dividends now. Up 11% trading 21.07 at open. $SPPI #SwingTrading
Validated confluences 1.Trendline broken 2.Support valid resistance broken 3.Profit margin 1:3 4.Price action high on the curve Negatives 1. There are numerous support obstructions 2.Wait for up trend line to break
higher time frame is showing negative divergence in rsi intermediate time frame is showing distribution and no conviction in buying pressure and forming a descending triangle further supporting higher time frame alignment lower time frame is showing a downtrend breaking below support and retesting on pullback will look to enter on 130.2x area for a move down to...