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A Market Teetering on the Edge: Is EA Poised for a Rebound?With NASDAQ-EA trading at $118.70, down nearly 30% from its all-time high of $168.50 just 63 days ago, the market presents a mix of caution and intrigue. RSI levels languish deep in oversold territory, with daily RSI14 at an eye-popping 12.19—signaling potential exhaustion in bearish momentum. Add to this the emergence of high-volume buy signals, such as the VSA Buy Pattern Extra, hinting at possible accumulation near powerful support zones. But here’s the burning question: Is this just a pause in the downtrend, or are we witnessing the groundwork for a bullish reversal? The price has been consolidating under key resistance at $126.40 while remaining well above the critical support at $113.57. As we dive into the charts, traders and investors alike must decide: Is this a time for patience, or a moment to seize the opportunity? NASDAQ-EA Roadmap: A Path Through Patterns Here’s how the recent market narrative unfolded for NASDAQ-EA, based on the patterns’ sequence and their main directions. Let’s walk through the roadmap of events to understand the technical dynamics and validate the signals. 1. VSA Buy Pattern Extra 1st – The Starting Signal The session on 2025-01-23 10:00 UTC kicked off with a bullish VSA Buy Pattern. The pattern suggested an upward movement, confirmed by subsequent price action. The high of $143.27 aligned with the bullish prediction. The trigger was set at a low of $120.50, with the price bouncing back robustly. Main Direction: Buy Outcome: The next pattern supported the bullish trajectory, validating this pattern's forecast. 2. Sell Volumes Take Over – A Divergence in Direction The next notable signal emerged on 2025-01-23 15:00 UTC, highlighting increased sell volumes. This suggested a bearish reversal from the earlier upward move. However, the market defied the expectation, holding the $126.4 support and continuing higher, indicating that the trigger failed to activate. Main Direction: Sell Outcome: Rejected – This pattern didn’t play out due to sustained bullish momentum. 3. Buy Volumes Max – A Bullish Confirmation Following this, a strong Buy Volumes Max signal emerged on 2025-01-23 14:00 UTC, confirming the market’s intention to stay bullish. The price reached a high of $126.71, creating a significant movement upward. This pattern marked a key moment in establishing a robust upward trend. Main Direction: Buy Outcome: Confirmed – Momentum aligned with the forecast. 4. VSA Manipulation Buy Pattern Extra 1st – The Climax of Confidence On 2025-01-23 17:00 UTC, another VSA Buy Pattern surfaced, affirming a long-term upward drive. The subsequent high of $130 reinforced this direction, proving its credibility. This pattern’s precision and alignment with previous signals made it a pivotal moment. Main Direction: Buy Outcome: Verified – Price action aligned perfectly, solidifying bullish confidence. 5. Increased Sell Volumes – A Temporary Reprieve The market showed a shift on 2025-01-22 21:00 UTC, with an Increased Sell Volumes pattern. Despite a minor pullback to $120, the upward trend persisted, invalidating the bearish prediction. This marked the sellers’ inability to seize control. Main Direction: Sell Outcome: Failed – Price action rejected the bearish forecast. Key Takeaways for Traders and Investors Bullish patterns dominated the sequence, with successful confirmations in 3 out of 5 instances. The alignment of VSA Buy Patterns highlighted the reliability of these signals for medium-term forecasts. Failed bearish patterns suggest strong buying pressure, keeping the market in an upward trend. Stay tuned for the next wave of market action! Whether you're riding the trend or waiting for the next pivot, these patterns provide a clear narrative for navigating NASDAQ-EA. Technical & Price Action Analysis: Key Levels to Watch The market’s dance around support and resistance zones can reveal its next moves. Let’s break down the levels currently steering NASDAQ-EA and how to approach them. Remember, if these levels don’t hold, they’ll flip into resistance, and the bulls or bears will have to face them again. Support Levels to Keep on Your Radar 113.57 – A critical level; if it breaks, expect a retest to confirm resistance. 109.83 – A deeper pullback zone where buyers might reload if momentum weakens. Resistance Levels to Break for Bullish Continuation 126.4 – The first line of defense for bears. A breakout here could ignite a stronger rally. 143.01 – A psychological zone tied to past highs; watch for reaction here. 145.79 – This level could be the gatekeeper for more significant upside potential. Powerful Support Levels – Where the Big Boys Are Watching 144.61 – A make-or-break zone for bulls if the market revisits lower prices. 163.86 – The last stronghold for buyers, holding the line from deeper corrections. Powerful Resistance Levels – Overhead Barriers 113.79 – If this flips, expect it to become a strong ceiling on pullbacks. Pro Tip for Traders: Levels don’t exist in isolation. Always look for price action confirmation—like wick rejections, candle closes, or volume spikes—when testing these zones. If you see these signs fail to hold, flip your mindset and consider these levels as the next barriers to overcome. Trading Strategies with Rays: Precision Meets Probability The "Rays from the Beginning of Movement" concept offers a robust approach to understanding market dynamics, providing clarity on probable price scenarios while avoiding the pitfalls of predicting exact levels. Let’s explore the concept, scenarios, and actionable trade setups. Concept of Rays: The Fibonacci-Based Framework Rays, based on Fibonacci mathematical and geometric principles, are dynamic tools that define key zones of price interaction. Each ray starts from the beginning of a movement, capturing the natural flow of the trend or correction. Here’s why this matters: Dynamic Levels: Rays adapt to new patterns, keeping you ahead of the curve. Clear Scenarios: Price interaction signals continuation or reversal, but only after interaction with a ray. Directional Guidance: Moving averages (MA50, MA100, MA200, and MA233) enhance ray analysis, acting as dynamic support or resistance. Why Focus on Probability, Not Precision? The nonlinear nature of financial markets makes predicting exact levels unfeasible. Instead, rays reveal key zones where price interaction is likely. This simplifies decision-making and identifies high-probability trade setups. Optimistic Scenario: Bulls Regain Control First Target: $126.4 – Interaction with this ray and support from MA50 signals a breakout opportunity. Second Target: $143.01 – Sustained momentum leads to this resistance zone, amplified by MA100 convergence. Third Target: $145.79 – Interaction here suggests another leg upward, with potential consolidation around MA200 for further continuation. Pessimistic Scenario: Bears Take the Wheel First Target: $113.57 – A breakdown below this ray opens a move to this support. Second Target: $109.83 – Failure at MA50 and interaction with this ray could accelerate downward momentum. Third Target: $108.53 – Price interaction signals potential bottoming, but further selling pressure could test this absolute low. Suggested Trade Setups: From Ray to Ray Buy at $126.4: Enter on a breakout above this ray with MA50 support. Target $143.01, with $145.79 as the stretch goal. Short at $126.4: If price rejects this ray, target $113.57 with a protective stop-loss above $126.4. Buy at $113.57: Look for bullish price action signals after interaction. First target $126.4, second target $143.01. Short at $143.01: If price fails to hold above this ray, target $126.4. For risk-takers, $113.57 offers a secondary target. Key Takeaway for Traders: Use ray interaction as your signal to act. Each move from ray to ray provides clarity on the next targets, with moving averages acting as dynamic guides. Adjust your position size and risk accordingly, but remember: patience pays when trading with rays. Let’s Keep the Conversation Going! Got questions about the analysis or want to discuss the roadmap in more detail? Drop your thoughts directly in the comments! I’m here to chat, clarify, and help you sharpen your trading game. Don’t forget to Boost this post and save it to your favorites—it’s the best way to track how the price moves according to my layout. Understanding key levels and reaction points is essential for building confident trades, and I’d love for you to revisit this analysis later to see how it played out. For those of you intrigued by my Rays and Levels Strategy, here’s the insider tip: the indicator automatically maps out all these zones, but it’s currently available in Private Only. If you’re interested in using it, feel free to message me directly, and we can discuss access options. If you’d like custom analysis on a specific asset, I can make it happen! Some requests I’m happy to share for free with the community, while others can remain private just for you—perfect if you want to keep your edge to yourself. Either way, let’s collaborate to make your trading more precise. Rays work on all assets, from stocks to crypto, and I’m happy to mark them up for you. Just Boost this post, write your request in the comments, and I’ll get to it as soon as I can. And, of course, make sure to follow me here on TradingView to stay updated on my latest ideas, strategies, and insights. Trading is a journey, and I’d be thrilled to have you along for the ride! 🚀
NASDAQ:EAShort
by brandlabelden
N A K A M O T O what better honor to give the creator of Bitcoin or the BLOCKCHAiN by naming something cool with utility fire in the hole ... getting paid to pwn and to be dominating in the leaderboard is a different level of bragging rights in the First Person Shooter sector PUBG COD CS1234 Zero to Source could have been gaining years only if it rewarded serious gamers a way to monetize time doing headshots kicks and knife maybe NAKAMOTO found a gem or FLAGSHiP game to take this above unicorn levels Price Limit $150 Driver: they SHIP and Deliver Catalyst: Vision of Dev Team
by senyor
15
CD ProjektWake the F up Samurai, We have a money to burn! CD Projekt is a Polish video game developer, publisher and distributor based in Warsaw, founded in May 1994 most people and investors think investing in Metaverse means you should only buy Meta stock but Metaverse already here and big gaming companies are leading it CD Projekt's three year median payout ratio is a pretty moderate 45%, meaning the company retains 55% of its income. So it seems that CDR is reinvesting efficiently in a way that it sees impressive growth in its earnings and pays a dividend that's well covered. Moreover, CDR is determined to keep sharing its profits with shareholders which we infer from its long history of six years of paying a dividend. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 18% over the next three years. However, CDR's future ROE is expected to decline to 11% despite the expected decline in its payout ratio. We infer that there could be other factors that could be steering the foreseen decline in the company's ROE. On the whole, I feel that CD Projekt's performance has been quite good. Particularly, I like that the company is reinvesting heavily into its business at a moderate rate of return. Unsurprisingly, this has led to an impressive earnings growth. The latest industry analyst forecasts show that the company is expected to maintain its current growth rate not to mention that CYBERPUNK 2077 DLC Phantom Liberty going to release in 2023 and they working on new Witcher game. Witcher3 next gen update was another success and its good time for gamers to play this masterpiece if they looking for some exciting adventure I mange to bought CDR stock at 91$ and any price at this range is a dip and good opportunity for long term investment Happy Christmas chooms!
GPW:CDRLong
by moonypto
1
GameFi, Blockchain games, Top projectsGameFi GameFi is a combination of gaming and decentralized finance that combines blockchain technology, NFT (non-flammable tokens), DeFi (decentralized finance), and the play-to-earn (P2E) model to create a unique gaming experience. This innovative approach lets players enjoy the game and earn real money through in-game actions and assets. At its core, GameFi uses blockchain technology to create decentralized gaming platforms where players have full ownership and control over their in-game assets. These assets, often represented as NFTs, can be exchanged or sold on NFT trading platforms, allowing players to monetize their gaming experience. DeFi is essential in GameFi by offering various financial services in the game ecosystem. Players can farm, bet, and provide liquidity, generating passive income while participating in the game. The P2E model is a critical component of GameFi as it allows players to earn cryptocurrency or NFT by completing tasks, competing with other players, and advancing in the game. This model can potentially revolutionize the gaming industry by incentivizing players to invest time and effort into their gaming experience. GameFi projects often combine elements from different sectors of the cryptocurrency space, including tokens, DeFi, NFT, and the meta-universe, to create an immersive and rewarding gaming environment. An example of how the economy works in GameFi through smart contracts: The History and Evolution of GameFi The history and evolution of GameFi is a fascinating journey marked by the innovation, growth, and merger of the gaming industry and decentralized finance. GameFi has seen significant milestones and key events that have shaped the industry from its inception to its current state. In the early days of GameFi, projects such as Axie Infinity and CryptoKitties introduced the concept of play-to-earn (P2E) games, where players could earn cryptocurrency by playing games and participating in the in-game economy. This was a revolutionary development as it allowed players to monetize their gaming experience in previously impossible ways. GameFi's development was also marked by introducing various innovative concepts and technologies. For example, integrating NFTs (non-game tokens) allowed players to own their in-game assets and trade them on NFT trading platforms. This added a new value and utility to the game as players could now buy, sell, and trade unique digital assets. Another significant milestone for GameFi was the development of DeFi (decentralized finance) protocols in gaming ecosystems. This allowed players to farm, bet, and provide liquidity, providing new ways to generate passive income while playing. The "play-and-own" concept was also a critical development in GameFi, shifting the focus from just playing the game to owning and managing in-game assets. This has created a more engaging and rewarding gaming experience, where players play a more active role in the life and development of the games they play. Notable projects such as Legend of Arcadia, Panzerdogs, and CREO Engine have significantly shaped the GameFi industry. They have introduced innovations, partnerships, and technical advances that have pushed the boundaries of what is possible in gaming and decentralized finance. As GameFi continues to evolve, it faces challenges and growth hurdles, such as regulatory uncertainty and the need for more precise rules in the crypto-gaming space. However, the industry is also experiencing exciting developments, such as the integration of artificial intelligence, scalable second-tier solutions, and the emergence of new game genres. GameFi market today The GameFi market is experiencing significant growth and development as the number of active players and games continues to increase. In December 2023, there were more than 1 million active players in the GameFi sector. By April 2024, the number had grown to 3 million, representing a 300 percent growth in active users from 2023 to 2024. This indicates a rapidly growing and engaging market with a projected increase in market size due to this user engagement trend! The GameFi sector had a market capitalization of $20.66 billion. The market shows a diverse landscape in terms of user distribution across platforms and networks. For example, active games with the highest number of users in recent weeks include Sunflower Land ( NSE:SFL ), SecondLive ( NASDAQ:LIVE ), Planetix ($IXT), MOBOX ( AMEX:MBOX ), Tower Token ($TOWER), Crypto Unicorns ( LSE:RBW ), and others. This wide range of active games across multiple platforms and networks indicates a healthy and competitive marketplace where users participate in different games and have different experiences. Technology and tokenomics of GameFi projects The technology and tokenomics behind GameFi projects are primarily driven by integrating blockchain, NFTs (non-gaming tokens), and smart contracts. This combination creates unique gaming experiences and economic incentives, revolutionizing the gaming industry. Blockchain technology is the foundation of GameFi projects. It is a decentralized and distributed digital ledger that records transactions across multiple computers, providing transparency and security. This technology eliminates the need for intermediaries and central authorities, allowing players to own and control their in-game assets fully. Using blockchain in games also enables cross-game interoperability, where players can transfer assets from one game to another. NFTs play an essential role in GameFi by representing unique in-game assets such as characters, weapons, and lands. Unlike fungible tokens such as Bitcoin or Ethereum, NFTs are unique and cannot be replicated, making them valuable and collectible. Thus, players gain ownership of their assets, which can be traded on NFT trading platforms. The value of NFTs can increase depending on their rarity and usefulness in the game, creating economic incentives for players. Smart contracts - self-executing contracts whose terms are written directly into the code - allow you to automate various in-game processes. For example, smart contracts can create an in-game economy, manage assets, and reward players for completing tasks or participating in events. This enhances the game experience by providing players with a transparent and secure environment for economic activity. Tokenomics, or the economic model of a GameFi project, is another crucial aspect of these projects. It involves creating and distributing tokens within the game ecosystem that can be used for various purposes, such as purchasing in-game items, bidding for rewards, or participating in management decisions. Tokenomics design plays a crucial role in incentivizing player participation and maintaining the long-term sustainability of the gaming economy. The combination of blockchain, NFT, and smart contracts in GameFi projects creates a new paradigm in the gaming industry where players have full ownership and control over their in-game assets, and economic incentives are integrated into the gameplay. This enhances the gaming experience and lets players earn real money for their in-game actions. Gaming blockchains Integrating blockchain technology into the gaming industry, known as GameFi, has revolutionized how players interact and how they are rewarded for playing time or achievements. The gaming industry has blockchains such as SKL, WAX, PORTAL, and VANRY. These are the leading gaming blockchains, each unique product with advantages and vast opportunities in the fast-growing GameFi sphere. SKL SKL is a blockchain designed to create high-performance dApps to provide zero-gas scaling for players and solve the problems of high transaction fees and slow transaction processing on the network. SKL allows developers to create unique games with instant transactions, which is a priority in game creation, as well as correct operation of smart contracts and improving the quality of gameplay through the speed of the exchange processes and receiving game objects in the game. WAX WAX is a specially designed blockchain for trading virtual items and digital collectibles, making it a popular and high priority for developers to create blockchain games and NFT markets. The WAX protocol allows in-game objects to be created, bought, and sold, providing a seamless way for gamers to monetize their gaming activity. In addition, WAX can interact with the Binance Smart Chain, making it possible to transfer NFTs between players on different blockchains. PORTAL PORTAL is a cross-chain gaming system that connects all games into a single WEB3 network and establishes a connection between blockchains. PORTAL is designed to simplify moving players between games using a single account, making the platform convenient and exclusive. The problem that this project addresses is the barriers related to the fragmentation of gaming ecosystems. VANRY Vanar Chain is a blockchain ecosystem designed explicitly for the games industry and intended to provide developers with tools and modules to facilitate the transition of games to Web3. A key feature of VANRY is its focus on direct integration with blockchain, which was a crucial factor in attracting Google Cloud. This capability allows established brands to master Web3 efficiently. The Vanar Chain ecosystem is also supported by NVIDIA, Phoenix Grounds Studio, and Revolut. Promising projects in GameFi: Mavia The Heroes of Mavia project is a blockchain-based strategy game that allows players to compete in battles for cryptocurrency rewards while developing and improving their bases worldwide. Service Studios developed the game, which is set on an exceptionally designed island called Mavia. One of the critical aspects of Heroes of Mavia is the ability to earn natural financial resources, mainly through the use of a cryptocurrency called Ruby. Players can collect Ruby and other valuable resources, such as Gold and Oil, which are essential to the gameplay. Integrating blockchain and Play-to-Earn (P2E) mechanics creates new opportunities for players to enjoy their favorite game and earn additional income. An NFT trading option also allows players to buy, sell, and exchange game assets such as Land, Heroes, and Statues. In addition, Heroes of Mavia is backed by Binance Labs, confirming the project's potential and prospects in the GameFi sector. According to the vesting, most of the coins are still unlocked, and full unlocking for all users will come in November 2029. After researching the blockchain, 85.59% of the coins are locked and waiting to be unlocked in the wallets of investors, team members, and enablers. This implies that the project is focused on long-term investing, and investment funds will pump up the price closer to their full unlocks! Overall, Heroes of Mavia is an innovative GameFi project that combines exciting gameplay, the ability to earn natural financial resources, and integration with blockchain to attract the attention of players and investors. Shrap Shrap is the first innovative blockchain-enabled FPS (First-Person Shooter) game developed on the Avalanche blockchain. The game allows players to buy, sell, and trade digital assets, including in-game items and characters. Shrap has caught the attention of investors and players due to its unique concept that combines elements of a classic FPS with blockchain capabilities. Players can earn rewards for participating in various in-game events and contests, allowing them to increase the value of their digital assets. Sharp also allows users to create and sell user-generated content, which opens up new opportunities for players to express themselves creatively and create a sustainable economy within the game. Shrap has successfully raised $37.5M in funding, which confirms investors' interest in promising GameFi projects. Over the past week, Wintermute has become more active and has started funding its own wallets on exchanges. This is a direct sign of the upward movement that will be provided by its software to manage the coin's market price! It is currently a great price to buy with the expectation of a long-term investment. Karate Project Karate is a groundbreaking platform that combines full-contact karate with CGI and Epic Games' Unreal Engine. It gathers top athletes, including Olympic medalists and national champions, who compete in various weight classes. Karate Combat uses blockchain technology to create a secure and innovative asset management and decision-making system. Users can earn rewards by playing various karate-related games and completing in-game challenges. Within the game, the voting system allows one to earn and manage digital assets using the $KARATE cryptocurrency and influence the project's development. Karate is also getting ready to move up soon. According to the latest significant transactions, Wintermute has received a sufficient portion to manage the price. It is also worth noting that the project team and their investors have more than 90% of the momentum issue concentrated on their asset wallets. This will make it relatively easy to manage the price of the coin! Karate Combat successfully fuses sports and entertainment with blockchain, creating new opportunities for interaction between athletes, fans, and investors. Now is a good opportunity to buy this asset, as investors, enablers, and the team will add even more assets to their wallets and try their best to pump up the price for their future unlocks. GMEE GMEE is part of Animoca Brands, a major player in the blockchain-based gaming industry. It is backed by Binance Labs, which gives the project significant credibility. GMEE is a token to access and manage an entire gaming platform aimed at merging the world of gaming and decentralized finance (DeFi). It runs on a blockchain that allows players to earn, trade, and own digital assets with real value in a decentralized and more democratic manner. One of the critical aspects of GMEE is its integration with the Telegram platform, making it the first Telegram Gamefi token. This allows for a large and active user base of over 1 million daily active users, which is a testament to the popularity and growth potential of the project. The fact that GMEE is Telegram's largest gaming community further emphasizes its importance in the GameFi space. In addition, GMEE aims to bring blockchain to millions of gamers through its mobile gaming platform. This approach makes blockchain technology more accessible to a broader audience, especially those new to cryptocurrencies and blockchain technology. By offering a seamless and convenient experience, GMEE can contribute to the mass adoption of blockchain gaming. GMEE is a significant player in the blockchain-based gaming industry, backed by reputable organizations and offering a unique and accessible gaming experience. Its focus on mobile gaming and integration with the Telegram platform sets it apart from other projects in this field. Investors also have a large amount of circulating issuance, allowing them to manage the asset's price easily. The end of unlockings is coming in March 2025, just as we approach the top of the bull cycle (September 2025). It is worth considering for investment for no more than one year. Conclusion The GameFi market is projected to grow from $12.8 billion in 2023 to $126.3 billion by 2032 at % compound annual growth rate (CAGR) of 29.0%. This growth is attributed to the growing adoption of blockchain technology and increasing interest in blockchain-based games. Despite a decline in the number of new Web3-based game launches in 2023 compared to previous years, the market still shows high interest in blockchain-based game development, indicating a bright future for the sector. Advancements in blockchain technology are expected to address scalability and efficiency issues, making GameFi platforms more accessible and user-friendly. The emergence of Layer 2 and Layer 3 solutions such as Polygon and Immutable X indicates a growing trend to improve user experience and attract more users from Web 2 games to Web 3 games. Moreover, the future of GameFi is characterized by a potential increase in institutional interest and the entry of established gaming giants into this space. This may lead to more complex games with better gameplay and sustainable economic models. Nevertheless, challenges remain, such as the need to balance economic incentives and engaging gameplay and the ongoing problem of market volatility. Despite these challenges, GameFi's future looks promising, and significant growth and transformation are expected. Best regards EXCAVO
Long
by EXCAVO
22
GALA's DCA Zone (Gems Edition)Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers. The games on the Gala platform are provably fair and transparent, and all transaction data is stored on the blockchain. The gala token is also used to power the Gala marketplace, which allows gamers to buy and sell in-game items. Being an ERC-20 token, Gala can be stored in any ERC-20 compatible wallet. The Gala network allows users to buy, sell, or trade assets using the Gala token. Gala offers its users unique digital assets — NFTs. Do you also think GALA is a gem?!
by The3eyedFrog
10
Mechanical Consistency Weekly Review 7; +3% Return.I avoided trading on Non-Farm Payroll Day! 28 August to 01 Sep 2023 TL;DR Total Profit of approximately $300 (around +3%) for the 4th week of August 2023. Total 5 trades, 3 wins & 2 loss. 1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade. Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero guesswork, zero analysis. Disclaimer: I am not a financial advisor. The content for this article is purely for educational/research purposes only and is merely based on my personal opinions. Please note: There will be affiliate links in this article. But it will only benefit both of us. If you do not wish to participate under my affiliate links, please feel free to Google them separately. Cheers! What an exhilarating week it’s been with the Non-farm payroll report dominating the market’s volatility! The intense fluctuations led to rapid outcomes in some of my trades, with some resulting in quick wins and others in losses. Let’s dive into a review of this action-packed week! Monday (28 August 2023) 0x Trades Daily bias: Uptrend Thanks to the market movements of the previous week, we didn’t initiate any new trades this time around. It turned out to be a stress-free day for me! Tuesday (29 August 2023) 1x Win & 2 Lose trades Daily bias: Uptrend This week kicked off positively with a substantial profit from the first retracement trade. However, the intense volatility pushed past both my mean reversion trades, causing them both to end up in losses. Wednesday (30 August 2023) 1x Partial win trade Daily bias: Uptrend After a significant bout of volatility the day before, the price settled into a narrow range, a pattern that became evident during the first half of Wednesday’s trading session. It wasn’t until later in the day that the price triggered my mean reversion trade. Fortunately, I was able to secure partial profits at Take Profit 1 before it resumed its upward trend. Thursday (31 August 2023) 1x Solid win trade Daily bias: Uptrend The price remained confined within the narrow range, which worked in our favour as it triggered a retracement trade. I held onto the trade overnight, and by Friday, I successfully closed it with both take profit levels reached! Friday (01 September 2023) 0 trade taken Daily bias: Downtrend Non-Farm Payroll typically takes place on the first Friday of each month, and it’s a known fact that the market becomes extremely volatile when this economic data is released. Traders often face significantly widened spreads, which can be detrimental to their trading strategies. Personally, I steer clear of trading on Non-Farm Payroll days, even if the setup aligns perfectly with my usual trade conditions. The heightened spread can trigger my stop-loss even when the price is far from my actual stop-loss level, making it a risk I’d rather avoid. Endnote In summary, the trading week was marked by the Non-Farm Payroll report’s influence, resulting in a mix of wins and losses. The previous week provided a break from stress, while trading saw a profitable retracement trade and losses in mean reversion trades. A narrow price range on Wednesday allowed for partial profits, and the week ended positively with a successful retracement trade reaching both take profit levels. I will avoid trading on Non-Farm Payroll days due to heightened volatility and widened spreads, mitigating risks from unpredictable market reactions to economic data releases. Learn My Strategy! (FREE) As a full-time working individual, I do not have the time to constantly monitor the charts and look for the “perfect” trading opportunity. This is why I adopted the mechanical trading strategy to earn extra money. This approach eliminates the need for extensive technical or fundamental analysis and removes any guesswork. It is a 100% Mechanical rule-based strategy, ensuring disciplined and consistent decision-making. If you want to learn my strategy, please visit my blogging site, link in bio. Thank you!
OANDA:XAUUSDEducation
by Barry_Games_Trading
$SONY: Monthly Hidden Bullish Divergence and Channel Breakout NYSE:SONY on the Monthly Timeframe is breaking out of a Descending Channel while confirming Hidden Bullish Divergence and Bullishly Crossing over on the MACD and the RSI enters the Bullish Control Zone; the next obvious target would be between 150 and 177 Dollars as that would be the completion of an AB=CD Harmonic Pattern. One last thing to note on the side is that the NASDAQ:MSFT acquisition of NASDAQ:ATVI has recently hit a brick wall with regulators and this is likely to spur some optimism in the NYSE:SONY camp who has opposed this acquisition in fears that Microsoft would eventually make games like Call of Duty, Xbox Exclusive.
NYSE:SONYLong
by RizeSenpai
2 Free Online Games that Have Helped Me Become a Better Investor2 Free Online Games that Have Helped Me Become a Better Investor. So Im in the middle of reading the " A Man of for All Markets" by Edward O. Thorp, and its fascinating. Hes a mathematician who proved there was a potential edge in blackjack (21) based on the cards that were left in the deck. He also went on to be investing fund manager who focused on covered calls and warrants and had a consistent track record for 20-25% annual returns. But his logic covered in his book focused on not only the odds of winning but the sizing of bets in both playing games and investing. Risk management and bet sizing is not spoken about enough in life I believe. In the age of YOLO and wall street bets, clearly its not celebrated enough. A YOLO bet is a massive bet because 'you only live once'. how silly mathematically and how foolish from a consistency basis. Been there done that. Bet sizing is key for survival. If you cant endure and survive long enough to be massively right, then your out of the game. In the video I share 2 games that I think are awesome for practicing these concepts. I really I had learned to play and practice these concepts in games like this in college or high school. Its a math simulation. the Coin flip game is fantastic for learning how to manage risk and bet sizing. The Cashflow game by rich dad poor dad is awesome for taking investment habits and cash managements and applying them into a mini lifecycle that rhymes with real life. If youre new to investing, or just sharpening your skills, I definitely recommend both games. Have a great day, Cheers!
SP:SPXEducation
by ValuePig
5
I like the stockI don't think any more analysis has to be done on this company and its ability to innovate and lead graphics chips. The latest reach into AI should be recognized as the companies ability to pivot to what is trending. They met and possible over reached when the demand for Crypto was at its peak. I did not factor NVDA into my semiconductors, crypto and market synchronicity idea back when markets were at the tipping point in early 2022 But after I studied the predictive nature of its symmetrical inverse structures I have become obsessed with this stock. I see this 242.06 for NVDA is a pivotal range. If the indexes do not provide a bottom for the most recent sell off (zero S&P500 gamma) then 232-242 will be a rejection. Who knows. Markets could crash on Monday NVDA would be the stock I pick up on the following Monday after the FED cuts rates and bails out N number of put writing dealers. The pandemic made us realize we need to invest more into Chips and Technology that will eliminate the mundane jobs humans don't want to bother learning or getting good at. The problem remains how to get the money the economy invests in technology growth back to the workers who jobs the technology replaces. Maybe I'll go plant trees this spring. It might be better for me and the planet than chronicling the collapse of the global economy.
NASDAQ:NVDA
by SPYvsGME
5