So market cycles are known for almost the years in the history of human beings like nature do have cycles for it self. Everything is in cycles. To put it in simple form "Nature" at all survives by achieveing a cyclical pattern. See day and night, rain, the solar system even our eating process what ever you name it cycles are basic nature of things to exist. And...
Hi Traders There has been some discussions lately on the comparison of the 2014 crash to the current situation. I have been analysing the correlation over the past few weeks so I thought I would post my take. The biggest thing I hear is that the 2014 was caused by Mt Gox. Maybe it did, maybe it didn't. I'm assuming it didn't, that was a bubble correciton, ...
Listen up ya'll this is our education together. I'm showing what I've learned so far for everyone's benefit. Comments are very welcome. Thank you.
Hello dear friends, this is more of a study than a chart. Here is what i did: * I sampled 16 IHS that showed over the past year and were visible on the 4hr chart. * I took in consideration sloppy patterns but ignored the ones that didn't complete or patterns that were too small or too big to discern on the 4hr. * targets are calculated roughly based on the...
As per investment patterns it is not hard to see a Cup and Handle (C&H) forming on the BTC daily chart, which makes it even more powerful. We should see a pull back some where within the arch. Below are all the qualifications to make this a VALID C&H from stockcharts. Remember this is CHESS not checkers. Trend: To qualify as a continuation pattern, a prior...
I taught i would try to make a XLM market cycle analysis with known patterns for educational purposes from the bearish perspective. It has to be noted that, what comes from this hour on forwards, could be well depended also from the macro forces on the market ( BTC movment, and roadmap). Start from the Pink text box and work your way down. I have charted...
www.tradingview.com All participants of the financial market are more or less interested in learning, with the goal of improving their skills in order to become successful and profitable traders. However, beginners need to understand the basics of trading before committing to trading. So what are the main tips for ensuring success in trading? There are a set of...
Hi! I get questioned a lot of the type of trading analysis I use and what are my methods when conducting an analysis. To answer this question, its a combination of three: 1. Wyckoff Method 2. Price Action 3. Volume Analysis So who is Richard Wyckoff? Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was a stock market authority, founder and...
Time to update XLM one last time for this move. We are looking at the 1 hour chart. This market did produce a decent move up. I added a set of fib numbers as you can see on the far right of the chart. These fib numbers show the retracement levels of the high at the top of the trading range that brought price to the support level where price bounced from. For those...
Hi traders, here are some of my top favorite quotes that I'd like to share. #repost 1. “Money is made by sitting, not trading.” – Jesse Livermore 2. “Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.” – Larry...
Hey! So this is my very first video on Tradingview - I hope I did well in explaining the idea :)! I'll put more examples (both successful and failed patterns) for you to have a look at. Please feel free to send me your questions in the comment section below. Have a great day! Abdulla
Hello Community, I would like to share my very first idea here. It's probably more "food for thoughts". To my idea: This is a 15Minute Graph of Gold & Bitcoin I recognized a correlation between Gold (and any other Big Metal) and Bitcoin. I found this correlation actually at a much larger scale in a daily chart, but once I was "zooming" in the correlation got...
MFI - Stoch
Bollinger Bands, Great for determining high and lows and volatility in a market
Moving Average - what is it? Very basic information.
Video on Support and Resistance.
Some basic information in candlesticks.