Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 22, 2023Technical Analysis and Outlook:
This week, Bitcoin did a backflip and created a new Mean Res 27200, with a substantial drop-down anticipation to our strategic Mean Sup 25100 and Outer Coin Dip 24200, as we anticipate a retest of the Mean Res 27200.
Investing
KIOCL - Reached its Previous High with in 1&Half MonthThis NMDC strategy I'm already posted but its hidden due to some TradingView House Rules Violation Please Note this
Reached all My targets & also broken previous high (22 months Back high) 💥💹💰💸
Company Name - KIOCL
Price - 223.85
% Chg - -0.33
MCap(Cr) - 13,604.51
P/B - 6.80
ROE(%) - -4.87
1 Yr Perform(%) - 14.03
Net Profit(Rs.) - -97
Net Sales(Rs.) - 1,543
Debt to Equity - 0.21
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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HAPPY TRADING 👍
BITCOIN IMPORTANT LEVELS FOR BULLS The zones that attract the bulls also call me. As we got a strong breakthrough towards 25k$, that zone is not so interesting anymore.
For a successful trade, several things must coincide.
50 WMA, Weekly level, Fibonacci 0.5 level (from 21.Nov.2022.), VAH last range (16.jan-09.Mar.), little bit below monthly strong level at 23200$, Point control from last range 23k$.
Second try VAL last range, weekly level,Fibonacci 0.618, VAH range(20 jun. - 31.Oct).
Everything below it, DCA is safe because you don't know which support will last.
Demand zone 19k$-20k$.
Tell me your opinion about this.
BERKSHIRE HATHAWAY, Massive Bull-Pennant On Huge Earnings Boost!Hello,
Welcome to this analysis about the Berkshire Hathaway Stock on the 4-hour timeframe perspectives. As I detected the stock has shown up with great earnings numbers recently with the earnings showing substantial percentages upward, besides that I spotted a main pivotal formation forming here. As when looking at my chart now we can watch there that the stock is building this massive bull-pennant formation with the coherent wave-count within already completed and the stock recently showing up with great bullish volatility penetrating the upper boundary and staying above the 100- and 200-EMA to mark them as support. The whole pennant will be completed when the stock finally breaks out above the upper boundary as it is seen in my chart, this breakout will activate the upper target zone marked in my chart between the 525000 and 530000 level. For now, there is a high likelihood given that this whole formation completes in the near future and once this happened the further volatilities as well as targets will be activated.
In this manner, thank you for watching the analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
PEAB - Great opportunity for a long-term holdPEAB is a construction company based in Sweden, if you are interested in dividend stocks this might be something for you.
PEAB looks very promising in these areas. The housing market is on the verge of an upturn again, and interest rates are likely to start decreasing next year.
I see no reason not to invest in the company right now, given its current valuation, and hold for many years to come. I have bought some shares at these levels.
If you factor in the annual inflation we have, PEAB is not far from the 2008 low, and that bottom was extreme. In my opinion, we are currently very oversold.
Bitcoin - two weeks before massive PUMP? Hey folks. I recently conducted an extensive market analysis and compared the current situation with past cycles from 2015 - 2017 and 2019 - 2021. You can find more details here👇.
Based on past cycles, around this phase (reaccumulation phase), Bitcoin stayed for approximately 200 days before a sharp price increase. Currently, the price has been consolidating (sideways movement) for 190 days. And perhaps in a few weeks, we might see a strong price movement.
I want to emphasize that this is just a market analysis and a possible scenario of events unfolding. We do not rely on any analysis and our expectations. I continue to follow signals of my ready-to-use Buy/Sell indicators. Every day we get closer and closer to the market's parabolic phase.
❗See related ideas below❗
Follow + Like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
Advanced Analysis Of SPX500 Using Fibonacci, Channels, & MoreTo continue to expand your learning experiences and to see what I do in the background (trying to figure out advanced price theory and Fibonacci secrets), I created this video to share some of my work.
The idea is for you to watch and learn - trying to pick out what you see as valuable and possibly sparking some insights into advanced Technical Analysis concepts.
Fibonacci Price Theory is the basis for almost all of my work. But price channels, price action, cross-market analysis, and multi-timeframe analysis are all part of what I use to determine probable outcomes - and I'm still wrong sometimes.
I see trading/investing is "the attempt to use your best judgment to move probability onto your side related to trade actions." After you have reasonably attempted to use your best abilities to determine the "smart trade", the next stage is determining allocation (how much you want to trade).
Remember, the easiest way to accomplish this is to focus on your RISK levels. If you have a 3% risk on a trade, figure that risk level out as real dollars - then as yourself if you are comfortable risking that amount of money on the trade.
Again, this may be a bit more advanced than you are ready for, but I'm trying to build on the basics of trend channels, basic Fibonacci Price Theory, and more. The deeper you get, the deeper it goes.
Visit my profile to see all my videos and learn how I attempt to identify future price trends (I read the charts and see the data). Plus, I pay attention to historical price trends and cycles.
How you enjoy.
Why You Must Trade and Not Invest. (2 Significant Reasons)Trading is a powerful term in the lexicon of financial conversations, often grouped with investing, indicating a strategy focused on gaining profits in the market. But dig a bit deeper, and you'll find that trading is not only different from investing, but it also offers its own unique set of exciting options for those who want a bit of adrenaline rush coupled with chances of quick returns and the prospect of compounding interest.
The Varied Landscapes of Trading and Investing
Trading and investing might seem similar, but they travel distinct paths toward wealth accumulation. Investing is a more leisurely stroll, buying and holding assets for a long-term ride, expecting to see capital appreciation and income generation. Trading, however, is more akin to a fast-paced sprint, with frequent buying and selling of financial instruments to bank on short-term price fluctuations.
Playing Safe: Risk Management in Trading
Trading tends to catch more than a few astute eyes due to its emphasis on risk management. Successful traders know that risk reduction and capital preservation are the cornerstones of their profession. Through stop-loss orders, they create a safety net, defining exit points in advance to sell, if the price trends go against their favor. This key tool helps them guard their investments and tame the untamed volatility of the market.
Spreading it Out: Benefits of Diversification
Where trading really shines is its ability to offer flexibility in portfolio diversification. Traders can quickly reallocate their capital based on shifting market conditions, constantly adapting, and making the most from potential profit opportunities.
*This is the example of the backtesting data that I am using for Algo-Trading
As you can see, if there are two different people who wants to trade and invest each, they would face total different result after years because the trading has stoploss to reduce the volatility of fluctuation and account value reduced and able to compound bigger amount of the money. In this example, trade shows +4012% but the invest(holding) shows +53% only.
Augmenting Wealth with Compound Interest
Commonly referred to as the 'eighth wonder of the world', compound interests serve as a reliable ladder for traders to climb the wealth mountain. The power of compounding accelerates profit accumulation, particularly when compared to traditional investing's reliance on long-term appreciation and reinvestment of dividends. Given appropriate strategies and risk management techniques, the compounding effect can yield truly remarkable returns.
Practical Guidelines to Mastering the Trade
Master the art of technical analysis: The more you understand chart patterns, indicators, and market trends, the better-equipped you will be to predict price movements, thereby making well-informed trading decisions.
Develop a robust trading strategy: The foundation of successful trading is a well-detailed strategy encompassing entry and exit criteria, risk management principles, and diversification guidelines.
Practice disciplined risk management: Adhere to set stop-loss orders religiously and never risk more than a predefined percentage of your trading capital on a single trade.
Learn from both successes and failures: Trading is a journey of constant learning, and every trade holds a lesson. Examining your trades, spotting patterns, and understanding both winning and losing situations can improve your decision-making skills tremendously.
Closing off, trading brings with it its fair share of excitement, quick returns, and the potential for compound interest gains. Armed with knowledge on risk management and diversification, and abiding by well-defined trading strategies, you can confidently venture into the markets. It's key to remember that trading also presents its own risks and needs constant learning and practice. If you're ready to set sail on a thrilling journey, trading might be your desired route. All the best, and here's to happy trading!
Follow and Boost for your financial success !
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S&P 500 Daily Chart Analysis For Week of September 15, 2023Technical Analysis and Outlook:
The world's most popular trading and investing index gyrated this week within the last week hitting our Mean Sup 4435 and completed a pivotal rebound Mean Res 4520. Currently, there is a retracement underway to retest Mean Sup 4435 and 4370, as well as the completed Inner Index Dip 4340. The possibility of an intermediate extension to the completed Inner Index Rally 4590 is still being evaluated.
EUR/USD Daily Chart Analysis For Week of September 15, 2023Technical Analysis and Outlook:
This week, the Eurodollar continued drifting lower following last week, completing our Outer Currency Dip of 1.062. The continuation to the next Outer Currency Dip 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.075 is possible.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 15, 2023Technical Analysis and Outlook:
This week, the price action of Bitcoin made a strong recovery after reaching our Mean Support 25100. It is possible that it may continue to rise towards our Mean Resistance 27800. However, it may drop down to our strategic Outer Coin Dip 24200, as we anticipate a retest of the Mean Support 25100.
DASH long term investmentPrice dropped as low as $26 for 1 Dash coin. The idea is for longer term investment. If you have to invest $1000 you can buy approximately 38 Dash coins and leave investment for certain period of time. An example of ROI is on the chart. Of course, there is always a risk that the price drop below $0 in which case you will lose all of your investment.
A Simple Method Of Evaluating Trade Setups For Everyone - PART IThis is a simple example of how anyone can attempt to understand price action, trade setups, and determine if the current trade setup is valid for any trading action.
Unless you have a trading system that helps you identify highly successful trade setups, most people struggle to find opportunities before they turn into breakout trends (up or down). Ideally, most traders want to get into trades before the big breakout, or breakdown, happens.
This video, part I of an extended series, will help you learn to use simple tools to identify qualified trade setups from invalid setups.
You can trade whatever you want. But remember, the trend is your friend, and learning to understand price theory, trends, channels, and support/resistance is all you need to make better decisions.
Watch this video to see if it helps you. Over the next few weeks, I'll create more videos highlighting simple techniques to help you become a better trader. I'll review dozens of charts and highlight what works and what doesn't.
Trading is a matter of managing risks while attempting to generate profits. This will be a great way for me to share my thoughts with all of you while trying to help you learn techniques to help you build solid skills.
Hope you enjoy this first video.
EURUSD Short Up Move Before a Bigger DropECB Likely to Keep Interest Rates Steady for the First Time in Over a Year
It's expected that the European Central Bank will keep key interest rates unchanged on Thursday.
ECB President Christine Lagarde might hint at a potential rate hike later in the year.
The Euro is gearing up for potential market turbulence based on the ECB's decision and Lagarde's press conference.
The European Central Bank (ECB) is widely anticipated to maintain its current interest rates, marking the first time it has done so since early 2022. This decision will come after the conclusion of its monetary policy meeting on Thursday. Additionally, the ECB will release its updated staff projections for the quarter, and ECB President Christine Lagarde will hold a press conference at 12:45 GMT.
What to Expect Regarding ECB Interest Rates and How It Could Impact EUR/USD
The European Central Bank (ECB) is currently facing a challenging decision as it deals with the increased risks of stagflation. This decision is the most significant since it began raising interest rates in July 2022. In August, the Eurozone's annual inflation rate dropped to 5.3%, a significant decrease from the 10.6% recorded in October 2022. However, core inflation remains stubbornly above 5.0%, well above the ECB's 2.0% target.
If the ECB maintains rates while adopting a hawkish tone, indicating the possibility of another rate hike by year-end, it is likely that EUR/USD will resume its upward trajectory towards 1.0850. Should the ECB announce a 25 bps rate hike, it would confirm a bullish reversal from multi-month lows. Nevertheless, the key drivers for additional gains in EUR/USD will depend on the policy guidance and President Christine Lagarde's statements. Conversely, if the ECB decides to pause rate hikes and lacks clarity on its future path, it will likely please doves and push EUR/USD back towards 1.0650.
Other Key Market Insights for today, this week
EUR/USD is holding onto its gains near 1.0750 as the US Dollar (USD) remains weak, following mixed US Consumer Price Index (CPI) data.
On Tuesday, the German ZEW Economic Sentiment improved to 11.4 in September. However, the index measuring current conditions hit a three-year low at -79.4. The ZEW Institute stated that "Financial market experts are even more pessimistic about the current economic situation in Germany than they were in August 2023."
In August, the annual United States inflation gauge rose to 3.7%, surpassing the expected 3.6% increase. The CPI increased by 0.6% in August, marking its largest monthly gain in 2023, in line with market estimates. The core CPI also increased by 0.3% and 4.3%, respectively, compared to estimates of 0.2% and 4.3%.
US S&P 500 futures are rising due to market optimism, as the latest US data supports the idea of a Federal Reserve (Fed) pause.
The yield on the benchmark 10-year US Treasury bond is declining, approaching 3.21%.
The upcoming ECB event will play a pivotal role in shaping the short-term direction of the EUR/USD pair, with attention shifting to next week's Fed policy announcements.
Introduction to Behavioral FinanceIntroduction
Behavioral finance is a captivating field that explores how human psychology affects financial decision-making. Traditional finance models assume investors are rational beings, making logical choices to maximize wealth. However, behavioral finance acknowledges that emotions, cognitive biases, and herd mentality often lead individuals to deviate from rationality. In this article, we delve into the intriguing world of behavioral finance, investigating the psychological factors that influence investors and traders and how these elements impact their decision-making processes.
Cognitive Biases: The Subconscious Pitfalls
Cognitive biases are ingrained mental shortcuts that our brains use to simplify information processing. Although helpful in everyday life, these biases can lead to significant errors in investment decisions. Common cognitive biases include:
a. Confirmation Bias: Investors tend to seek and favor information that supports their existing beliefs or opinions, ignoring contradictory evidence. This leads to a skewed perception of market trends and an unwillingness to challenge preconceived notions.
b. Overconfidence Bias: Many investors overestimate their ability to predict market movements, leading to excessive risk-taking and potentially significant losses.
c. Anchoring Bias: This bias occurs when investors fixate on a particular piece of information (e.g., the purchase price of a stock) and use it as a reference point for future decisions, disregarding changing circumstances.
d. Loss Aversion: Investors often fear losses more than they value gains, causing them to hold onto losing positions for too long in the hope of a turnaround, leading to missed opportunities.
Emotional Influences on Decision-Making
a. Fear and Greed: Fear and greed are potent emotions that profoundly impact investment decisions. Fear can trigger panic selling during market downturns, while greed may fuel excessive risk-taking in pursuit of high returns.
b. Regret Aversion: Investors tend to avoid making decisions that might result in regret, such as realizing losses on investments. This reluctance may lead to inaction and failure to rebalance portfolios as needed.
c. Herding Behavior: Humans are social creatures, and this extends to financial markets. Herding behavior occurs when investors follow the actions of others, even when it may not be in their best interest, potentially exacerbating market trends.
d. Availability Heuristic: Investors often rely on easily accessible information or recent events to make decisions, leading to an overemphasis on recent market trends and news.
Conclusion
Behavioral finance sheds light on the critical role psychology plays in investment decision-making. Cognitive biases, emotions, and herd mentality can lead investors astray, affecting their financial well-being and market stability. Recognizing these psychological factors is essential for investors and traders seeking to make more informed and rational choices. As financial professionals continue to explore behavioral finance, the integration of psychology with traditional finance models promises to enhance our understanding of market dynamics and human behavior in the world of finance. By embracing the insights offered by behavioral finance, investors can take steps to minimize biases and make more objective and strategic investment decisions for long-term success.
A Simple Method Of Evaluating Trade Setups For Everyone - IIIMore examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols.
In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important trader learn to see these opportunities from all aspects.
Please pay very close attention to the details I'm sharing related to trading concepts and theory. I'm trying to teach all of you to see charts in a different way. See PRICE as the driver of trends, and counter-trends, as Fibonacci Price Theory describes.
Basic Rules of Fibonacci Price Theory:
1. Price is ALWAYS seeking new highs or new lows - ALWAYS.
2. Failure to establish a new high means price will attempt to retest/break recent/new lows.
3. Ultimate HIGH/LOW levels are critical to understanding major trends vs. intermediate trends.
4. If you have trouble identifying a clear trend on a Daily chart, try Weekly or 240 min as an alternative.
5. If you still can't identify trend clearly, wait it out. Price will ALWAYS attempt to make new highs/lows. Sometimes, you have to be patient and wait for consolidation trends to work themselves out.
My objective is to show you how I look at charts and identify trade opportunities. Simply put, I just trying to help you see and understand simple TA theories and to help you learn to identify great trade opportunities.
Hope you enjoy.
A Simple Method Of Evaluating Trade Setups For Everyone - IIThis second video reinforces the concepts supporting my simple method of validating or invalidating trade setups using price channels, Fibonacci price theory, Stochastics, RSI, and simple price metrics.
Anyone can do this - it just takes a little patience and learning.
The trick to the ENTRY is to WAIT to see how price reacts near support/resistance.
REJECTION is very important in terms of seeing price REJECT near the price channels and near support/resistance.
Learn to use these techniques to help you learn to become a better trader.
Hope you enjoy.
Project with 20x potential, Atom investing I wrote about this project a few months ago and many people called out that $8 will not budge, but we need to know where the demand is.
Big eco system that needs to do a lot more changes, but I think this is a great price to accumulate if you believe in this project.
This is a monthly graph so it takes time for all this to play out, but is it worth taking the first profit at the highest peak and then a little more if it comes? Of course.
Everyone who short a large market cap knows what the market does when the price goes up.
Tell me your opinion if you like this, and follow for more investing ideas and trading.
MICROSOFT - Tech giant on the rise! Hello, interesting things going on with MICROSOFT the TECH GIANT. In my chart you see MICROSOFT trading above the EMAs 20-55. It is also in an uptrend channel which may brake out in future with some more bullish movement. MICROSOFT already touched three times the upper line of the uptrend channel , it is highly possible that MICROSOFT forms a break-out at the fourth time.
You can see in my chart the possible next move for MICROSOFT with price projection with target at 165 - 168.
This is educational infomration and should not be used to take action in markets!
Thanks for watching!
S&P 500 Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Spooz within the completed Pivotal Rebound, and Mean Res 4520 targets drifted lower to fulfill our retracement Mean Sup 4456 and is biased to go higher with the upcoming trading week. The possible Retracement Retest to Mean Sup 4370 and completed Inner Index Dip is not out of the trading envelope setup.