The third “stream” of incoming real data, which simply cannot be ignored when analyzing a chart, is volumes. I’ll try to explain why the third stream, what are the first two. On any chart of a trading instrument there are two scales, price and time. These are two real and independent incoming data streams. All Technical Analysis studies them inside and...
AT A GLANCE: Despite ongoing geopolitical conflict, oil prices and volatility are relatively low A rise in U.S. crude production and weak demand in China are helping oil inventories maintain average levels Considering many factors like the Russia-Ukraine war, OPEC+ cutting production by 3.6 million barrels per day and conflict in the Middle East, many...
A pattern in the COT reporting curve to determine long-term trend or bias (BIAS). With a scope from several weeks to months. Of course, reports arrive with a delay, but on a long-term scale this is not a big problem. Many people use divergences, or SMT in the teachings of Smartmoney Michael Huddleston (ICT), when analyzing charts. Why not use COT and divergence...
How can we participate in the rise and fall of interest rate? Firstly, we need to understand the difference between interest rate and yield. Interest rates are a benchmark for borrowers whereas yield is for investors or lenders. • Interest rates are the fees charged, as a percentage from a lender for a loan. • Yield is the percentage of earnings a person...
Looking at the numbers helps us figure out what goals to other market participants have? Do they rollover their positions alot? How far do they project themselves? Do they hold for months of exit after just a few days? We can see the volume of Oil popping off when the expiry is close as traders, for example terrible ETFS, close and re-open the next month and I...
CME Group Futures Dates: Dec 2020 BTCZ20 16 Dec 2019 > 24 Dec 2020 Settlement: 28 Dec 2020 - Jan 2021 BTCF21 03 Aug 2020 > 29 Jan 2021 Settlement: 01 Feb 2021 - Feb 2021 BTCG21 31 Aug 2020 > 26 Feb 2021 Settlement: 01 Mar 2021 - Mar 2021 BTCH21 28 Sep 2020 > 26 Mar 2021 Settlement: 29 Mar 2021 - Apr 2021 BTCJ21 02 Nov 2020 > 30 Apr 2021 Settlement: 03...
If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this post, I will be explaining the concept of the Risk/Reward Ratio, also known as the RRR, and the significance of this idea when it comes to trading. I will also be explaining how this can be applied to...
I will introduce this by reminding that this is not school and not a 9 to 5 job either. No one will just hand over a strategy and go "ok go make some money instead of me now", there are a few strategy out there on the internet an never know one might have an edge, but it's not even worth it to spend hours looking for something. And makes no sense, "too lazy to...
This chart is just to reflect on later/view to identify the current gaps on the Bitcoim CME chart. But why is this important? CME, as a multi-billion dollar derivatives company, has no incentive to push for Bitcoin options and other investment vehicles if there simply is no traction or demand from the market. As the company’s executive Tim McCourt said, CME’s...
Hi Traders! Today we look at a bit specific bitcoin analysis. It will be about bitcoin but on CME futures exchange. Have you heard of CME gaps? Many people are starting to talk about CME gaps. How do these gaps actually come to existence? There are two options: CME doesn't trade futures over the weekend and is off. However, crypto exchanges normally work at...
You've probably heard of many zero commission trading platforms being established. Robinhood is probably the most well known one, actually. Historically, brokers have made their money by facilitating trades in the market between buyers and sellers and collected a fee for their extremely hard work... Since markets have become larger, with greater trading volume...
Update Vol.3 - added more CME's Bitcoin futures dates.
Before reading this I want people to understand that this kind of trade doesn't always work (NO TRADING SYSTEM DOES) so if this single trade doesn't work, don't lose confidence in the technique - it has served me extremely well and I have used it many times before. Both for USDJPY (2 ideas) and USDCAD (1 idea) - you can find these ideas on my page. Links to...