Chart has all 10. Hope this helps. Hope it's simple to understand if you still struggle with indicators. Remember, no one indicator is good on its own. Think of an indicator as a sign that you should pay attention to a possibility. For example, if I go to the ocean, maybe I have an indicator that says you're closer to sharks than in the great lakes, will I be...
Tesla Inc. is gearing up for a significant reveal on 8 August this year, as it plans to introduce its much-anticipated robotaxi. This move comes at a time when the company is navigating sluggish sales and increasing competition from more affordable Chinese electric vehicles. Elon Musk, the CEO of Tesla, announced on his social media platform, X, the upcoming...
WATCH SUPPORT LEVELS TO PAY ATTENTIO! Short Term Price Target $155.27 to 146.54 1. Tesla's Stock Price Below $100.00: The fact that Tesla's stock could drop below $100.00 suggests a significant bearish sentiment in the market. Investors may be concerned about the company's performance or broader economic factors impacting the stock. 2. Possibility of Dropping...
Today's focus: BTCUSD Pattern – Range, seller test. Support – 62,000 area Resistance – 73,000 area Hi, traders; thanks for tuning in for today's update. Today, we are looking at BTC on the daily. With sellers continuing to check buyers, it continues to look like we could see a new move at support. But for now, buyers continue to hold firm from around the...
Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. *KEY Trend direction is set by the slope of the VWAP Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves Support & Resistance are set by the...
It is official. Inflation is back. But not everywhere. Food inflation is on the decline. All three major crops, Soybean, Wheat, and Corn have declined substantially. Bearish sentiments rings loud across agri with ample supplies combined with solid harvest expectations. Among crops, corn has fared best. Its prices have not declined as much. Corn outlook is...
Ready, set… plan? In this guide, we discuss why you need to plan your trading before trading your plan. Let’s roll. Table of Contents: »Importance of a Trading Plan »The Successful Trading Plan Doesn't Exi... »What's in a Typical Trading Day? »Markets, Strategies and Styles »Summary Venturing into trading without a plan is akin to setting sail on the ocean...
Big technology stocks have moved sideways for the last month. Now there could be some important levels for names like Nvidia as investors digest today’s higher-than-expected inflation report. The main pattern on today’s chart is the March 11 low of $841.66. This level has provided support since the chip giant’s peak on March 8. (It’s also a weekly low.) Closing...
A lot of traders apply trend lines for trading and making predictions on different financial markets. Trend line can also be an important element of price action patterns. However, only few knows that some trend lines are better to be avoided. In this article, I will share with you the types of trend lines that you should avoid and not rely on for...
REPORT HIGHLIGHTS: The fourth bitcoin halving event, scheduled on or around April 19, 2024, heralds a significant transformation in the cryptocurrency landscape. This halving, marked by the reduction of bitcoin supply subsidy, the emergence of a liquid investment ecosystem via CME Group futures and options, the advent of spot Bitcoin ETFs and the introduction of...
Today was yet another amazing trade off a long term volume profile level for over 50 points on the CME_MINI:ES1! S&P500 E-mini futures. I want to document these trades as teachable moments because I think Volume Profile is an absolutely amazing tool that should be in ever trader's toolbox!
Despite recent market jitters and bearish sentiments stemming from a significant drop, I remain bullish on Bitcoin, particularly in a higher time frame analysis. The recent downturn may seem daunting, but it's crucial to recognize that such fluctuations are often part of Bitcoin's volatile nature, especially in the midst of its ongoing bull market trajectory and...
🚀 Unlocking Your Trading Potential with Bar Replay on TradingView In the whirlwind of trading, having ace tools up your sleeve can dramatically shape your strategy and success. The spotlight shines bright on TradingView’s Bar Replay feature, a gem that offers a rewind on market movements, setting the stage for strategic mastery. Let's dive into what...
Hey Rich Friends, Happy Monday! It's a new week which means many new opportunities to get into the market...but it doesn't mean that you have to take all of them. Make sure you focus on finding the best setups by sticking to your plan and following your confirmation checklist. The best out of 25 will give you a good idea of your win/loss ratio. If you are...
How to Use Fibonacci Retracements for Crypto Fibonacci retracements have long been used in traditional financial markets. However, with the advent of crypto trading, they’ve also found popularity amongst digital asset traders. In this article, we answer the question “What is Fibonacci in crypto?”, discuss how to trade retracements and offer some strategies you...
In the pursuit of trading mastery, the path is often littered with setbacks and failures. However, it's essential to recognize that these hurdles are not just obstacles but invaluable learning opportunities. Learning how to fail – and more importantly, learning from failure – is a critical step towards enhancing your trading success. This article explores the...
Today I took 3 losses. It was a really bad trading day. I didn't really follow my plan on the day and took 2 unnecessary losses. The one loss of the 3 I can live with but, I have to do better. There wasn't much give from the market today.
In a groundbreaking move to bolster domestic semiconductor manufacturing, Taiwan Semiconductor Manufacturing Co. ( BCBA:TSMC ) has secured a monumental $11.6 billion investment from the United States. The initiative, spearheaded by President Joe Biden, underscores a strategic effort to fortify America's position in critical technology production. Under the terms...