Benchmark
Communications is KeyIn my honest opinion here. When looking at S&P through RRG, Communications sector XLC looks really good long term. Short term watch out as we could go as low as 70's or more before the bounce. But this should offer a nice low point of buy in, providing the FED does not mess it up. Pay attention to Communications news over this time span. maybe a week or two max.
Dogecoin and minor major pivots Due to the Price movement we have experienced a level which has been supported by the level of Jepsian and due the price movement I have market the level of minor pivots used from Ichimuko benchmarks (Senko Span A).
If these levels could accepted, price could rise to the orange level and level of price action (Supply and Demand zone)
Dogecoin ~ Egod
with respect to Elon musk:)
The Moving Average Crossover Strategy - How to choose the best?Hey there!
Well, this is not a trading idea actually. I just want to present my new tool to the community.
This tool will help you to choose a type of moving average to create the most profitable trading system based on crossovers.
Click on the price scale, point to "Labels" and switch off "No Overlapping Labels" option to get a better view.
Detailed description can be found here .
I repeat
NOTE: The results may vary on different tickers and timeframes.
If you see the preview result it doesn't mean that these crossovers will be profitable on other instruments and timeframes. This is a normal situation because time series and their characteristics differ.
I know that because I tested this tool before publishing.
NOTE 2: You can use this tool by yourself and experiment with it, or you can order a study and I will share the spreadsheet that contains results. PM me for more details.
Good luck and happy trading!
BHE: Benchmark Electronics Gartley PatternThe market move sideways last few months, that creates a good opportunity for harmonic traders. However, the price was bullish last few days. It reached 30.8 and getting close to the major resistance level at 31.15
This is the main area where the buyers and sellers usually make their decisions. Sellers go short and buyers take profit, that cause the price to go down. Moreover, the Gartley pattern was formed and the price already hit its entry level, 127% AB Fibonacci extension. This increases the probability of this setup and provides a clear guidance where to enter and exit. I await the market to be opened today and then go short.
T1 – 38.2
T2 – 61.8
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Let's Get CoinMarketCap Data On Tradingview!getsatisfaction.com
Alright guys, I got permission from the founders email to post this as an idea, so don't try to ban me!! haha. But you all PLEASE go vote for this on the link! I would love for Tradingview to get the Coinmarketcap data of market cap so we as analyst can track the cash flows going in and out of the market! I think this would be the closest thing we could get to indices like the DOWJ, Nikkei, etc. as far as just tracking the growth of the market as a whole.
I think we could analyze it to the depth where we can try to predict when the market may take hits, or when the market is expected to grow. Some investors may even use it as a benchmark for their portfolio growth. I would love to add this on here and there would be many more positives to this than negatives (if there are any) in my opinion. PLEASE Like, share, spread the message and DONT forget to vote! I can't tell you all how important I think this is.
VOTE VOTE VOTE. EBALL FOR PRESIDENT.
Sidenote: Isn't that a beautiful background? :D