I crawl options data from Yahoo Finance but actually, Yahoo returned fake data if I send a thousand requests.
I research and use TD Ameritrade API to get options, both github.com and github.com is a good rating. However, every time I send a request a new token is generated then the TD Ameritrade API team noticed me. I like tdameritrade package than...
Hello traders,
Everyone of us have went through one or many of these traits listed here. Some of us are still struggling with this. Honestly, trading psychology is less taught in the trading world and this has become one of the contributing factors that causes traders to lose money and give up trading.
These traits, if they are not controlled they can burn...
Hello everyone, today, we´re gonna talk about an RSI and how to use it.
What is an RSI?
Basically, it´s an indicator that shows if the asset is overpriced or underpriced.
Basic information
RSI is 0-100
if the price is at 0-30, the asset is underpriced and theoretically it should go up.
if the price is at 70-100, the asset is overpriced and theoretically it...
Currently we're at a secular resistance level where the prices have reached the top of the uptrend channel. Signaling a painful, but necessary correction.
Price Structure.
The SPX has had a solid uptrend right after the recovery from 2009, this sets the start of the Bull market, so the 0.0 Fib level. Consequently it sets the the 0.618Fib level at the peak...
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows.
This pattern appears in a downtrend and is a combination of one red candle followed by a larger green candle. On the second day of the pattern, the price opens lower than the...
After the divergence detection, a trend is drawn from the two lows or two highs on the HHTD indicator. The trade is entered after the trend break. The target point can be determined by the Fibonacci levels. Sapma tespitinden sonra, HHTD göstergesindeki iki en düşük veya iki en yüksek değerden bir trend çizilir. Trend kırılmasından sonra ticarete girilir. Hedef...
TLDR: It's not as hard to 10x an account as it may seem. By using math, we can exponentially grow our account while also exponentially making it easier to grow (and also continue to minimize our risk).
So, I am planning on growing an account from 3k - 30k. This is no easy task, but I am going to break down why it's not as hard as you think. Math!
As the...
Chart must be on log and set the value on the day timeframe. Use magnetic tool
Comment: Points for Schiff Pitchfork .
Low of Jan 12 2015
High of March 10 2015
Low of August 17 2015
Go to this date and use the magnetic tool to place the pitchfork values in the order I mentioned. In style settings, at the bottom, set the type to "Original".
Comment:...
Buy When There's Blood in the Street ...
After the recent well known events in the financial market and the crypto market I recalled a quote by Baron Rothschild: "Buy when there's blood in the streets, even if the blood is your own." I would say this is very true; however, in the world of trading "Timing is Everything", don't just go blindly with the old saying,...
There are a cluster of lows around this area so price will most probably want to take out the lowest low before going higher.
This is due to traders stops being positioned under these lows so eventually the market will gravitate to these and take them out and possibly go lower to shake off retail traders, they can only "buy the dip" so many times before their...
Thanks to @wolneyyy for the reminder as I haven't looked at TradingViews Heatmap tool for a little while, but they are such a cool way of easily being able to find Crypto currencies that might be performing well against the market over different time frames.
If you haven't seen them before do have a look. Super super simple way to spot opportunities in the...
Another way to hedge against a major down move
in stocks is to buy calls on the $VXN or $VIX.
$VXN is the volatility on the Nasdaq 100.
It is the ratio of the buying of puts/calls.
The more buying of puts than calls signals that the
market will or is falling...it's a measure of fear in the
market. The higher the $VXN or $VIX the more fear.
The markets won't...
Another way to hedge against a major down move
in stocks is to buy calls on the $VXN or $VIX.
$VXN is the volatility on the Nasdaq 100.
It is the ratio of the buying of puts/calls.
The more buying of puts than calls signals that the
market will or is falling...it's a measure of fear in the
market. The higher the $VXN or $VIX the more fear.
The markets won't...
Well that was a BRUTAL week on the markets and most of the "professional" media commentators seem to think we could be in for much worse ahead.
The TradingView HEATMAPS are a great way to be able to see how different sectors and stocks are performing. Which ones have been heavily sold off etc. It will be interesting to keep an eye on it and see what starts to...
