Thanks again for watching. Let me know if you have any questions in the commnents! It's important to mention - people talk about "moat" for this exact reason - it's to determine how long the company's net income will be stable in the face of margin-reducing competition. It's also why anticompetitive companies are more expensive, like I alluded to with google in...
There are two key steps to creating alerts: 1. Find Important Price Levels Do your research. Find a price level that looks important and wait. Patience is everything. You have the tools available to you to research and follow markets. Whether it's a simple trend line , moving average or a custom Pine Script, use the tools to make better decisions. Find the...
The U.S. Dollar Index has trended steadily lower for the last 10 months. But there are growing signs it has bottomed. First, DXY managed to break back above its 50-day simple moving average in late February. It then made a higher high (versus earlier in the month), unlike its lower high in late November. Next, it tried to sell off after the Fed’s uber dovish...
Here's a comparison of Cathie Woods 7 ARK etf's 1 year comparison: Actively Managed Innovation ETFs: ARKK (blue) +97% ARK Innovation ETF ARKQ (white) +87% Autonomous Technology & Robotics ETF ARKW (orange) +105% Next Generation Internet ETF ARKG (green) +133% Genomic Revolution ETF ARKF (purple) +84% Fintech Innovation ETF Indexed Innovation ETFs: PRNT...
EUR/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be...
In this article, we’ll go over some fundamental concepts about exchange-traded funds (ETF’s) . To comprehend what an ETF is and what its qualities are, we must first provide a brief overview of mutual funds. A mutual fund is an investment company that pools money from investors to buy a variety of stocks, bonds, and other securities on their behalf. A ...
The euro continues to head south in Wednesday trading. Currently, EUR/USD is trading at 1.1828, down 0.17% on the day. Just four weeks ago, EUR/USD was basking above the 122 level and looking strong against the US dollar. Fast forward to the present, and the euro is struggling to keep above the 1.18 level as its trades at its lowest level since November 23rd....
In this video I use simple easy to learn processes to mark out support and resistance levels. And importantly analyse if buyer or sellers are currently in control of the market. If you have found this useful then please like the post, follow my page and share with any friends you think will find it useful.
NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade. The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the...
Another strong day for the dollar index as the bulls push higher. We now wait patiently for the 200EMA to be tested. Is this fundamental data being priced in early? We have seen a volatile bond market recently and key economists predicting a strong dollar before the end of the year. We covered this in our last publish looking at the DXY and how we could be...
One year ago today, one of the fastest and most profound market crashes found its bottom. From start to finish global markets lost about 35% of their value in just 30 days. This chart shows the S&P 500 before and after. Today, this moment is enshrined in market history. In the comments below, please share what you learned from this historic moment in markets....
Summary: The New Zealand government moved aggressively against housing speculation with a raft of new measures overnight, a loud policy signal that the whole world should pay attention to, as policies aimed at inverting the K-shape are going to spread aggressively around the world. Also, commodity dollar pain and easing US yields driving a steep yen recovery...
Awesome Oscillator According to Bill Williams' definition, the Awesome indicator is an oscillator, abbreviated as AO. Unlike the KDJ indicator (range from 0 to +100), the output range of the awesome indicator is unlimited. Literally, many people might think that the awesome oscillator indicator is composed of a complex algorithm developed by MIT’s prodigy, but...
10 chart patterns every trader needs to know! - Best chart patterns 1. Head and shoulders 2. Double top 3. Double bottom 4. Rounding bottom 5. Cup and handle 6. Wedges 7. Pennant or flags 8. Ascending triangle 9. Descending triangle 10. Symmetrical triangle
Reversal candles ( Basic)! 1. Double Bar Low Higher Close ( DBLHC) The DBLHC pattern consists of two candles. The Lows of both candles need to be very close (within few pips). The Close of the 2nd bar need to be Higher than the previous bar's high. 2. Double High Lower Close (DBHLC) The DBHLC pattern consists of two candles. The Highs of both candles need to be...
The gold price is in an important position - in the correction zone formed by two support and resistance lines. This zone appeared within a long-term downtrend channel that has existed since summer 2020. Let me remind you that after a strong fall at the end of February, the price came to the support line 1675.40 - the lower border of the downtrend. The price...
Digital art is experiencing a renaissance. Therefore, in this idea, I have provided all the information needed to start making and selling our art in the form of NFT (non-fungible tokens) on blockchain. -- What is NFT? -- NFT is for Non-Fungible Token, something like Certificate of Authenticity. In real life, classic artwork and valuable, historical artifacts are...
Dow - Elliott - Murphy Introduction As I am going deeper into the subject of reading a chart, we definitely need to cover trends. As the saying goes: “the trend is your friend”. But where does it start and where does it end? In the following article I’m going to cover basic principles in use for more than a century. Furthermore, the Dow theory is still in use...