AON
AON / BTCUSD - Uncanny SimilaritiesAON chart perfectly shows what BTCUSD would look like if the recent top did not come in, and price continued up in a sharp way
The AON chart is so similar to BTCUSD, with common formations formed years before BTCUSD
Golden Crosses and Deathcross in relatively the same positions
Its almost like the price action has been tested :o
AON.NYS_Swim Trading VZ Breakout_LongENTRY: 301.51
SL: 280.72
TP1: 314
TP2: 323
- ADX<20. Would like to be higher.
- Maintaining at pivot point "P" and seems to bounce off 38.1% fib. level.
- Possible hidden buying on 30 Nov 2021.
- Strength meter remains green indicating strength.
- Entry based on breakout from VZ today.
Post 10/28 Earnings Announcement Analysis Post 10/28 Earnings Announcements
$XOM, $CVX, $PSX, $AON, $CL
$XOM - Exxon Mobile
Reported EPS of $2.96/share - beat estimates of $2.20/share
Earnings of $6.8B vs.($296M) in Q3 FY20'
Revenue of $44.7B vs $45.4B down (1.54%) YoY
Operating CF of $12.1B
FCF was a record-setting $6.7B
Returned $3.7B to shareholders in dividends
Reduced debt by $4B - bringing debt/capital ratio to ~25%
Up 1.76% after hours
$CVX - Chevron
Reported EPS of $2.96/share
Revenue of $44.71B up +80% YoY
Returned $6.2B to shareholders in dividends
Repurchased $625M of stock
Reduced Debt by $5.6B
FY21 Spending down 22% YoY
Net Oil-Equivalent Production rose to 3.03M bbl/day - up 7% YoY
Up 1.64% after hours - up 34% YTD
$PSX - Phillips 66
Reported EPS of $0.74/share - beat estimates of $0.60/share - up 163% YoY
Earnings of $712M
Revenue of $27.89B
Operating CF of $1.7B
Returned $841M to shareholders in dividends and share repurchases
Announced new $3B share repurchase program
Up 2.75x% after hours
$AON - Aon
Reported EPS of $1.53/share - up 14% YoY
Revenue of $2.7B - down 13% YoY
Income of ($801M) down (282%) YoY
FCF of $1.14B - (40%) YoY
Down (%2.52%) after hours
$CL - Colgate-Palmolive
Reported EPS of $0.75/share - down (7.0%) YoY
Net Income of $681M down (9.4%) YoY
Sales of $$4.4B - up 6.5% YoY
Operating Profit of $976M - down (4.12%) YoY
Operating CF of $2.2B
Up 0.35% after hours
¿What is Awesome Oscillator? - Guide Part 26Bill Williams's Awesome Oscillator Tactic is a promotion plan that takes advantage of the most instantaneous trend. This tactic is similar to our dissolution triangle tactic. This is because it will only give you access signals once the promotion confirms the cost action change. Momentum trading tactics offer traders a simple way to exploit short and medium term trends.
Our team at Trading Strategy Guides goes to great lengths to develop tactics that bring you huge profits and small losses. Essentially, this means that from a hazard management view, you will continually operate with a preeminent hazard / reward interaction. The AO (Awesome Oscillator) indicator was dubbed the "super indicator" thanks to the incredible results that certain traders had when using it.
The Bill Williams Awesome Oscillator Tactic can be used in different markets, including Forex trading, commodities, indices, and currencies. The beloved time frame for Bill Williams' Amazing Oscillator Tactic is the daily time frame. This is because, after extensive research and backtesting, our Trading Strategy Guides team has learned that the daily time frame creates the best performance.
Now, if you are an intraday trader and you love getting in and out of your trades quickly, don't worry, we have your back. Our Favorite Daily Trading Tactic Daily Trading Cost Action - The easy cost action tactic can teach you how to trade profitably in any market. Also, read about Forex mentors and the best investment you can make.
Before moving on, we need to conceptualize the indicators you require to trade Bill Williams' Awesome Oscillator tactic and how to use the Awesome Oscillator indicator.
The unique indicator you require is the: Amazing Oscillator Indicator.
What is Awesome Oscillator Indicator?
The Awesome Oscillator indicator is a histogram, which is similar to the MACD indicator, that shows the market promotion of a current number of periods compared to the promotion of a larger number of previous periods.
If you are interested in learning more about the MACD indicator, we suggest that you study the MACD trend-following tactic - an easy-to-learn trading tactic, which is a turnkey trend-following plan.
What is the amazing oscillator setting?
The Awesome Oscillator indicator uses a built-in default setting of 5 to 34 periods.
So how does it work?
Well, the histogram for the Awesome oscillator indicator (see chart below) is derived from the cost chart. The Awesome Oscillator histogram is a simple 34-period moving average. This histogram is plotted using the center aspects of the bars (H + L) / 2, and is subtracted from the 5-period simple moving average, represented by the center aspects of the bars (H + L) / 2.
What is the awesome oscillator formula?
Average price = (High + Low) / 2.
Awesome Oscillator = SMA (Median Price, 5) -SMA (Median Price, 34).
If the AO histogram crosses above the zero line, that is indicative of bullish encouragement. On the other hand, once it crosses below, that is indicative of bearish encouragement.
How to use Awesome Oscillator Indicator?
Bill Williams' Awesome Oscillator is a versatile indicator that can be used to:
- Exploit trends
- Calculate the market boost
- And anticipate probable trend changes
The simplest and most direct way to use the Williams Awesome Oscillator is to cross the zero line. However, there are other unique signals such as the Awesome Oscillator saucer signal or the Twin Picks or bullish bearish divergences.
If you are curious about the strength of these AO signals, read on.
So let's move on!
How to use the Awesome Oscillator Zero Line Crossover
Simply put, the zero line crossing measures the change in market encouragement:
Once the Awesome Oscillator crosses above the zero line from below, it suggests bullish encouragement and a viable trend reversal.
Once the Awesome Oscillator crosses below the zero line from above, it suggests bearish encouragement and a viable trend reversal.
See the AO table below:
Bullish Crossing:
Bearish Crossing:
Once the AO crosses above the zero line, it shows that short-term support is increasing faster than long-term support.
This information is drastically effective as a change in trend direction will consistently appear first in the short-term trend and then spread to the long-term trend.
Clearly, this is a sign of change.
Now, you may be familiar with the zero line crossing signal, as this is a common trading signal with various technical indicators.
However, the Awesome Oscillator tends to offer far fewer wrong signals compared to other oscillators.
See the AO table below:
MACD vs AO
I use more MACD to trade on a daily basis. AO is a good way to also be able to visualize trading, but beyond that, I consider it a good tool to be able to exit at an exact moment from a holding asset. Mostly 1d, 3d or 1w graphics.
The MACD does not generate false signals, it generates movements that happen in the price, since, if they exist, however, these movements do not necessarily change the trend. AO is somewhat more complex and is usually slower, so it usually takes time to indicate changes.
If you want to learn how to modify AO settings yourself, simply click on the TradingView gear icon, AO Style and choose columns instead of the histogram.
As you can probably see, the amazing oscillating saucer measures short-term changes in trend speed.
In contrast, the bearish saucer signal occurs when these four conditions are met:
The AO histogram is below the zero line.
We have 2 consecutive green bars
The second green bar is lower than the first bar
The third bar is red and lower than the second bar
See the currency table below:
Step 1: Identify in what period I plan to operate.
Step 2: I complement myself with other indicators for an easier and simpler use.
Step 3: We apply AO and we complement each other. We try to identify supports and resistances and enter a zone according to where the trend is heading, be it a continuation or change according to the period of time.
Step 4: We manage our risk and place StopLoss.
Step 5: We take profit of 50%. And we let it run. (Theory of holding positions, but ensuring profits). And the rest of the position we let it run with a stop in profits with a large loss of those same profits.
Recommended portfolio for the next 2 weeks!The ideas behind this portfolio are:
1- Benefiting from possible 6 trillion dollars infrastructure bill.
2- Being properly hedged using commodities.
3- Having exposure to the Tourism industry, apparel, and increased demand for gas in post-pandemic era.
My recommended asset allocation:
50% stock:
25% cash:
25% Gold:
0 Cryptocurrency
NYSE:VALE
NYSE:RIO
NYSE:SCCO
NYSE:CLF
NYSE:X
NYSE:FCX
NASDAQ:ABNB
NYSE:UA
NYSE:XOM
NYSE:AON
Use trailing stop loss..!
+15% profit (SAF) = Set and forget trade ( ͡° ͜ʖ ͡°)So , here is the trade i took a month ago (Along with my students ) . Made nice profit in that stock .
More-over, At a time , Everyone was having " We'r all gonna die moment " but i stood up and said "NO" We'r going up and we did ! .
Good luck everyone , keep learning until you become humble but please don't become broke , this business is great . Take it slowly or get an education there is no shame on asking for help .
If you think it's shame to get help and education then you are another arrogant human being and the stock-market will take care of your EGO :) .
#Trade_small #Stay_safe .
AION NEXT STOP 0.17 USDAION about to break out of descending wedge.
Simple as that.
Same thing happened to BTC on the 5th of Fed and I was 100% right on my prediction.
Plus, have in mind the latest rally and the greater picture. Nothing just happens. AION and ICX are in partnership for something big (Blockchain Interoperability Alliance). Do your research and you'll find out.
So, any highs now are tomorrows lows and both AION and ICX have just started.
P.S when we talk about altcoins season, AION and ICX are the first to pop in my mind.
Disclosure: Please be informed that information I provide is NOT a trading recommendation or investment advice. All of my work is for fun purposes only.
AON, Aon plc - Breakout on ascending triangleNYSE:AON
This week it was confirmed the breakout of the level of resistance on this ascending triangle, given by the clear higher lows where you notice a phase of price compression that lasts for 6 months, and now seems to resume the bullish trend that lasts for 17 years.