Is this recent rally a bull rebound of a bear retracement? To make an assessment if the market has turned bear, during the closing second quarter on 29th June 2022, we discussed on the topic “Using S&P to Identify Recession
and on the 19 Jul, 2 weeks ago the tutorial posted here, we studied and expecting this current rebound, topic “Nasdaq a leading indicator of Dow Jones, S&P & Russell”.
In today’s tutorial, I thought of doing a recap between the two videos and explore if the current market and its development, if it is a bull rebound heading to break another new all-time high or if it is a bear retracement?
I have included both the video links below.
Before we get into this topic, please also take some time to read through the disclaimer in the description box below.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Tutorial example:
Micro E-Mini Nasdaq
0.25 = US$0.50
1.00 = US$2
(12,900 - 11,900) x US$2
=US$2,000
(Note: Opposite is also true)
• During the closing second quarter in June, on 29 Jun - “Using S&P to Identify Recession
• On the 19 Jul, 2 weeks ago - “Nasdaq a leading indicator of Dow Jones, S&P & Russell”
Community ideas
Bulls or Bears In Control of E-mini S&P, Nasdaq, Interest Rates?When it comes to day trading the most important part of any strategy is understanding what type of market environment we are in. Are the bulls or bears currently in control of the E-mini S&P 500 ES1!, E-mini Nasdaq NQ1!, E-mini Russell 2000 RTY1! and Interest Rates? In this video I share my thoughts on who is in control and where I think the next critical areas are in those markets. I also go over my simple process for identifying the market environment using Bollinger Bands, Simple Moving Average, RSI and an Auto-Anchored VWAP to the beginning of the year.
Past Performance is not indicative of future results. Derivatives trading is not suitable for all investors.
How to Send Alerts from Tradingview to Telegram I found a new way for sending alerts from tradingview to telegram channel or telegram group by using webhook. I’ve been looking for a while and most of the ways had problems. Some of them had delays in sending the alerts and were not secure because they were using public bots. Some of them required money and were not free. Some of the ways needed coding knowledge. The way I recommend does not have these problems.
It has three simple steps:
1. Creating a telegram channel or group;
2. Creating a telegram bot by using botfather;
3. Signing in/up in pipedream.com.
I made a video for presenting my way. I hope it was helpful and if you have any questions make sure to comment so I can help you.
Thank you!
Pain + Reflection = ProgressHi Traders, welcome back to another mindset sharing video.
Whenever I go through some obstacles or failures, I always go back to this simple equation by Ray Dalio,
"Pain + Reflection = Progress"
In life, the only way to not experience any failures is to avoid them, which could be very detrimental to your personal growth.
To grow, one need to experience certain levels of pain.
To transform, one need to have a high pain threshold and tolerance.
For whatever you're going through right now, just remind yourself to not give up, and things will eventually come.
Nasdaq a leading indicator of Dow Jones, S&P and RussellHow to use related markets to complement each other? Definitely you can apply this technique to other related markets.
In this tutorial, I am seeing Nasdaq as a leading indicator for the rest may likely to follow.
i) Nasdaq bear trend was nicely formed, but not yet for the Dow Jones, S&P and Russell.
ii) Nasdaq in the short-term has also a confirmation for a rebound, and I believe the rest of the indices likely to follow subsequently.
Discussion:
• Drawing primary and secondary trendline
• Nasdaq has broken above, the rest should catch-up, why?
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Feel free to leave any comments below, I love to exchange ideas with you.
Has The Environment Changed in Crude Oil & E-mini S&P 500?Market Environment is key to any strategy. If we're in a bear market and the environment shifts to a sideways market (like I think we're seeing temporarily happening right now in the E-mini S&P 500 ES1!, then you have to adjust how you execute your strategy. If we're in a bull market and the market environment shifts to short term bearish or sideways like I believe we are seeing in Crude Oil CL1! and Treasuries 10Y! then you have to adjust how you execute your strategy. Remember it's not just about building a strategy, it's about becoming a great executor of your strategy. Getting better at position sizing in changing environments. In this video today I go over what I'm seeing in the market environment in ES1! NQ1! 10y1! and CL1!
Derivatives trading is not suitable for all investors. Past performance is not indicative of future results.
2 Steps in Drawing a Downtrend Channel A buying strategy in a downtrend.
How to identify buying opportunity in a downtrend?
Not my preference to buy in a downtrend, but that does not mean we should avoid it when buying opportunity arises.
Recognizing it is a downtrend, we keep our buy position short-term; as we are going against the trend.
Discussion: Rules in constructing a downtrend parallel trendline
Rule 1 – First the downtrend line
Rule 2 – Then, its parallel
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
How I Use Treasury Futures To Better Execute The E-mini S&P 500Interest Rate Futures are the market leaders this year. Our technical indicators have less of an impact when the Bond & Treasury Markets are on the move and as Traders we have to be aware of when that is and how it impacts the price action in the E-mini S&P 500, E-mini Nasdaq 100 and Russell 2000 Futures. In this video I go over a simple, but effective way I use the 10 YR Futures ZN1! & the Micro 10 YR Treasury Futures 10Y1! to better execute the Indexes.
To learn more about the Futures Products discussed in the video please check out CME Group's Website. I also mention that I trade futures on TradingView using TradeStation so please go to TradingView's website or TradeStation's website to learn more.
Past Performance is not indicative of Future Results. This is for Educational purposes only. Derivatives Trading is not suitable for all Investors.
Gold: Long on a classic uptrend lineDiscussion:
1. 2 rules to draw an uptrend line
2. Primary uptrend line
3. Secondary uptrend line
4. Time for buy Gold?
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Key Technical Areas In The E-mini S&P, Nasdaq & Russell 2000We're in a phase of the markets where the E-mini S&P 500, E-mini Nasdaq 100 & E-mini Russell 2000 Futures are all moving together without divergences. This is a good look for Index traders because when the Indexes are working together we get cleaner moves. In this video I go over the key technical areas I am seeing in these Indexes and how I now have a line in the sand for the bulls to hold. In the video I use Bollinger Bands, Anchored VWAP, 10 day simple moving average and my Beacon Indicator (it's free and open source here on TradingView).
I mentioned in the video I am using Micro Futures to execute some of these trades. To learn more about these products go to CME Group's website. I am also executing my futures on TradeStation which you can connect to TradingView to trade spot, futures and crypto. To learn more you can go to TradeStation dot com/anthony.
Derivatives trading is not suitable for everyone. Past performance is not indicative of future results.
EURCAD Analyis Welcome back! Here's an analysis of this pair!
**ERUCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
Morning Ideas May 25, 2022Good morning traders,
Apologies for yesterday's morning ideas coming out without audio.
What I was expecting yesterday was more of a non-trendy day. The difficulty with this market is that it's difficult to look for a back and forth market setup when we whip around intraday. For example, yesterday at 1130 it looked like it was a trend down day, just to turn around and trend higher the rest of the day.
What we are left with today is a market continuing to build out volume in this lower distribution that I discuss in the video. I think you have to continue to give the edge to the sellers here, as the market continues to have trouble holding onto higher prices.
How To Analyze Any Chart From Scratch - Episode 2Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on XRP, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Why I'm Short Bitcoin MBT FuturesAfter that steep selloff we had in Bitcoin down to around 25k I anchored a VWAP to that day to see if we could hold above it to gauge the strength of the market coming off that low. I also kept up a simple 10 day moving average to gauge the trend of the market. The entire rally off the low we held below the 10 day moving average and as of today we failed to hold above the Anchored VWAP. Both of those are signals of weakness to me and adding to that my Bollinger Bands are also telling me that the market still favors the short side. This area for me is pretty good risk reward as I will stay with the shorts until a daily close above the 10 day moving average or a violation of the recent high off the lows around 31,000. As I recorded today we are right around 29,100 and I am slowly getting in to the short side looking for a possibility of the 25,000 low to be tested and possibly even lower prices following that. I mentioned in the video I am using Micro Bitcoin Futures to execute my shorts. I am also executing my trades on TradeStation which you can connect to TradingView to trade spot, futures and crypto.
Derivatives trading is not suitable for everyone. Past performance is not indicative of future results.
The BEST position of 2022? The answer may surprise you...What has been the best investment/position of 2022? The best trade was of course to be "short stocks" or "short crypto" but where could we have put capital to have achieved the best return. Believe it or not, despite all the FUD narratives about inflation and the US Dollar's weakness, one of the best performing assets of 2022 was in fact... US Dollars. That's right, "cash is a position" and relative to other world currencies the US Dollar has been RISING. Your cash buys more stock, more crypto, more foreign currency.
Why I'm Bullish The E-mini Nasdaq 100 FuturesIn this video I go over several reasons why yesterday's low signaled to me that it is a good low to now look for longs. I use a measuring tool for rotations, Bollinger Bands (20 Period 3 Standard Deviation), 10 day Moving Average, and the Year To Date Auto Anchored VWAP.
I connect my TradeStation account to Trading to Trade Futures.
Past performance is not indicative of future results. Derivatives trading is not suitable for all investors.
Decentraland (MANA) and the Metaverse Rental MarketThe metaverse (Decentraland especially) has a lot of hype behind it but the utility aspects of it is still underbuilt in its current form. Will it eventually get there? A look at a few things being worked on in the background during this bear market.
