A day ago, I released the " Leveraged Share Decay " indicator for those who trade or invest in leveraged shares. What the indicator does is it tracks the consistency of returns and the rate of decay of a leveraged share against its benchmark. Leveraged shares tend to be seen as "risky" and grouped into the "option-esque" category of trading. From my experience...
Hello everyone and happy Saturday!
Releasing a P&L indicator. I developed this indicator owning to the lack of integration my brokers have with Tradingview, but the fact that I do all of my charting/trading on Tradingview.
This is a quick tutorial and getting started guide on the indicator which will be posted later today.
Hope you enjoy and let me know your...
Seller capitulated. With a higher high despite higher selling volume on the day and the Oscar oscillator continuing to trend higher. Looking for a take profit at the previous swing high.
What is the RSI Color Extremes Script?
The RSI Color Extremes Script is a different take on the traditional RSI. With a shorter period setting, short-term trends and extremes can be detected.
How is RSI Color Extremes different from the traditional RSI and Connors RSI (CRSI)?
While the traditional RSI is 14 periods, the default setting for this script...
The malleability of gender during childhood.
Should parents be concerned?
Gender and sexuality have always been difficult topics, especially when it involves parents, children and the education system. Over the past year, these issues have been brought to the forefront by the media and America's social discourse.
However, the discussion and subsequent...
UPRO chart is based on 2 hour timeframe
Downward trend MACD signal indicated on 3/30
Potential of 15% downside
This is not financial advice
Caviot Emptor
UPRO pumped to a local resistance zone on friday, perfect short entry if you got in then(not financial advice of course ;), I expect more volatility next week. A gap down and dump to support is a very possible scenario in my opinion.
like and follow for more! 💘
in the past trading TQQQ or UPRO long after a -83 or lower value on the Percent R indicator was very profitable.
Rules are to trail the stop at the low or prior day.
What is a bit risky is to open the trade at the 9.30 am opening, so waiting for a small dip and then entering the trade will be less risky...
Seems as good a time as any to jump in again, but maybe it'll drop more.
Price is near bottom 2 STD on our linear regression that started March last year (coefficient of over .95!)
Also worth noticing: there seems to be divergence with price bottoms compared to the MACD indicator.
night chart-art shows POSSIBLE uptrend, green trend-line means bullish Short to midterm.
~~NO tp, Speculations, arrows. And NOT Trading Advise,0r 0pini0n either, dyr pls.
#✔️Again if you see Green means bullish & vice versa, chartby 📈 real+ Cryptomaniacs1000⏩
Entered swing trade on UPRO today:
UY signal for UPRO last Friday, with a nice dip intraday to provide a buying opportunity. Weak closed but finished with a BUY sign.
SELL on first red heiken ashi candle.
TP1 @ 3%/$88.31 (25% of position)
TP2 @ 5%/$90.23 (25% of position)
TP3 @ 7%/$91.95 (25% of position)
Strategy Statistics from backtest since UPRO conception...
BUY signal for UPRO last Friday, with a nice dip intraday to provide a buying opportunity. Weak closed but finished with a BUY sign.
SELL on first red heiken ashi candle.
TP1 is about 3% or $89.68, where I'll take of 25% of the position if that is hit.
TP2 @ 5%/$91.42 (25% of position)
TP3 @ 7%/$93.16 (25% of position)
Strategy Statistics from backtest since...
Hi all my member and new members, quick daily update. Stock market ticker Upro needs across above for bo, if drop delow the red line then will turn bearish again, pls read the chart for detail, also has many indicators i Hope it will benefits you . Again try not to follow those charts with many arrows in a chart , two pointing up and few pointing down, and will...
It makes no sense given the economy, but the chart is saying we could be starting Wave 2 soon with a Huge wave 3 to come.
I'd love to hear everyone else's thoughts. I can't get my mind around a ride up as the economy goes down.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
