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$VRA - I want green zone for long term My plan of attack for Verasity ($VRA) - retrace to 618 fib - even if this is a first impulsive wave of a larger 5 wave structure, I'd expect retrace toward green - green is also a macro break of bearish market structure (dashed line) - it's a key monthly level as well (solid line) This could still push higher, I would still look to long green Invalidated on a weekly break and hold of red above. Time will tell, I think this is a good area for long term positions I am interest in for this asset. Cheers
Long
by cryptovatsik
3
P2P | DXY - What Could Happen Next?Hello family, thanks for tuning in again with us! This is a concept video on DXY and some #technical and #fundamental talk. I only will place a trade based on my alerts, meaning I will mark my chart and later add alerts on certain zones. When price makes it to a particular zone I then use that data to form a trade on an opposing pair such as #Gold or #EU. If you have any questions feel free to drop them in the comments, or even if you just want to say hello (: all are appreciated! Thanks again family, I'm not the best trader, I'm the "rest" trader. I rest until I have to trade lol Trade well, take care of yourselves and be great! #2023AintReady
by Pips2Porsches
CADJPY I Intraday short 40-60 pips 🚀Welcome back! Let me know your thoughts in the comments! ** CADJPY Analysis - 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!
Short
by BKTradingAcademy
12
Bitcoin's Price on a Roller Coaster!Bitcoin is currently trading at $24,700, and it's looking pretty overbought with an RSI of 77.5. The price has been making some impressive gains recently, surpassing the 0.5 Fibonacci retracement level of $21,105, and the 1 Fibonacci retracement level of $22,662. Now, it's sitting pretty close to the 1.618 Fibonacci retracement level at $24,585, which could act as solid resistance in the short term. But wait, there's more! The upper Bollinger band on the 4-hour timeframe is at $25,700, which is also close to the current price. This means that Bitcoin could face some significant resistance at this level. On the other hand, the 4-hour EMA 50 is at $22,135, which could provide some support if there's a price correction. Moreover, the volume oscillator is at -17.63%, indicating that the trading volume is lower than usual, and the stochastic oscillator is at 96, which suggests that Bitcoin is trading near its overbought zone. These two indicators combined could potentially signal a consolidation phase for the cryptocurrency. However, traders and investors should keep an eye out for potential market-moving events, such as regulatory announcements, institutional buying, or changes in market sentiment, which could cause volatility in the price of Bitcoin. In terms of support levels, we have local support at $21,105, which is the 0.5 Fibonacci retracement level. But if there's a significant price correction, the 0 Fibonacci retracement level at $19,549 could act as a more solid support level. To sum it up, Bitcoin's price is currently at a high point, but there's potential for resistance at the 1.618 Fibonacci retracement level and the upper Bollinger band. The trading volume is lower than average, and Bitcoin is trading near its overbought zone, which could lead to a consolidation phase. However, traders and investors should stay alert for potential market-moving events, and keep an eye on the support levels at $21,105 and $19,549, in case of a price correction.
by MonoCoinSignal
25
GBP AUD - Buying imbalance in playG'day, This is the first video analysis upload, so the length is something I would like to scale down being more concise in future, however in order to appeal to the broader market, Technicals need to be simplified. A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones. This is tagged Neutral to the overall monthly demand in control and active long trades. Until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - no trade is taken until reactive, break or curve is confirmed. Long term investment strategy will be looking for buys as part of the next cycle. This is an investment and not a quick move based on lower time frames. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence. Recap shots Monthly Weekly Daily Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIII
by LupaCapital
Common Reasons Why Traders lose Money Even in an UptrendHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. Common Reasons Why Traders Lose Money Even in an Uptrend #Not Setting Stop-Loss: #Not Conducting Technical Analysis: #Going against the Trends: #Following the Herd: #Being Impatient: #Not doing Homework or Research: #Averaging on Losing Position: Buy low sell high' is the motto. As simple as it sounds, why do most people lose money trading or investing? There are four major mistakes that most beginners make: 1. Excessive Confidence This stems from the idea that people think of themselves as special. They think they can 'crack the code' in the stock market that 99.9% of people fail to, and eventually make a living trading and investing. However, taking into consideration the fact that more people lose money in the market, this form of wishful thinking is the same mentality as going into a casino feeling lucky. You may actually get lucky and win big the first few times, but in the end, the house always wins. 2. Distorted Judgements While simplicity is key, the approach most beginners make in trading and investing are too simplistic, to the extend where it's hard to even call it a trading logic or reason to invest. They spot a few reoccurring patterns within the market, and this is almost as if they discovered fire. It doesn't take long to realize that the "pattern" they spotted was never based on any solid reasoning, or worse, wasn't even a pattern at all in the first place. 3. Herding Behavior The fundamentals of this is also deeply rooted in a gambling mindset. Beginners are attracted to the idea of a single trade or investment that will make them a millionaire. However, they fail to realize that there is no such thing. Trading and investing is nothing like winning the lottery. It's about making consistent profits that compound throughout time. While people should definitely look for assets that have high liquidity and some volatility , the get-rich-quick mentality drags irrational beginners into overextended/overbought stocks that eventually drop drastically. 4. Risk Aversion Risk aversion is a psychological trait embedded within all of mankind's DNA. Winning is fun, but we can't tolerate losing. We tend to avoid risk, even when the potential reward is worth pursuing. As such, many beginners take extremely small amounts of profits, in fear that they might close their position at a loss, trading with a terrible risk reward ratio. In the long run, their willingness to not take any risks leads to losses. Depending on the price action, they also go through seven phases of psychological stages: - Anxiety - Interest - Confidence - Greed - Doubt - Concern - Regret ------------------------------------------------------------------ Lack of Discipline An intraday trader must stick to a proper plan. A full-fledged intraday plan includes profit targets, factors to consider, methods to put a stop loss, and ways to select the right trading hours. The trading plan provides a comprehensive overview of how trading should be executed. Also, you can keep a record of trades executed during the day with the performance analysis of each stock at the end of the day. Such records help you identify the weak areas in your trading strategy and correct them. It is very important to be disciplined as a trader, the proper discipline will help you minimize the losses and maintain your capital. Not Setting Proper Trading Limits In intraday trading, the success lies in managing the risk. You should pre-define a stop loss and profit target when entering intraday trading. This strategy itself is an important part of trading discipline and this is where most people fail. For instance, if you incur a loss in the first hour itself, you should shut down the trading terminal for the rest of the day. You should also have an overall capital loss limit in place, it will safeguard you against trading losses. Compensating for a Rapid Loss This is one of the common mistakes in the trading community. When a trader incurs a loss, he/she either tries to average a position or overtrades excessively to recover the loss. This further leads to a greater loss and put them into more trouble. Losses are a part of intraday trading, instead of overtrading, it is wise to accept the loss, analyze the strategy and make improvements from the next day. Heavy Dependency on Tips Nowadays, there are ample of intraday tips flowing everywhere on the digital media. It is a common phenomenon for a trader to rely on these external tips, however, this needs to be avoided. The best way to learn intraday trading is by gradually learning how to read charts, understanding structures, and interpreting results on your own. Many traders refrain from taking these efforts and because of this, they end up on the losing side. The Beyond App by Nirmal Bang provides deeper insights into the market, the technical research offered by Nirmal Bang is spot on. You can use that research for reference, however, nothing can beat practical experience. Not Keeping Track of Current Affairs The external news, events, and tragedies do have an impact on the stock market. Hence, it is important for an intraday trader to keep a track of the Indian as well as global markets. Even the performance of global markets has an impact on the movement of Indian markets. Make your trade after the news or event has been announced, do not try to speculate the market based on the news. There are even instances when traders do not have any sound trading strategy, they just make decisions based on gut feelings or emotions. One needs to remember that intraday trading in itself is a skill, it is not a gamble, it takes time to develop proficiency, you cannot expect rapid results. The above are some of the major reasons why intraday traders lose money, ensure that you are disciplined enough, stick to a proper strategy, analyze your strategy at regular intervals, and things will fall in place. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Education
by CRYPTOMOJO_TA
2
🟨 SP500 based on YoY GDP ChangeVolatility in many times in the market is bad and the stock market is a mirror of the economy. When you go back prior to the Great Bull Market (1980s), you wll see that there were very wide swings in real GDP. These are the Boom and Bust cycle. Now, as the FED evolved its policies it learned how to contain the market and flatten the Boom and Bust cycle and flatten the economy. And you can see that when we have the low volatility in GDP, the market has been very much accustomed to this. However post 2020 we are more volatile then ever. This is exactly why the FED is stepping hard on the breaks until they for sure put a cap on the upside and on the inflationary side. It is again interesting to see that Volatility is just bad for the market.
SP:SPX
by TintinTrading
Bitcoin's Volatility and Potential Rebound: A Technical AnalysisBitcoin is currently priced at $20,170, down from its all-time high of $64,863 in April 2021. The recent news of Bitcoin crashing from $20k to $18k in a single day shows that the cryptocurrency is still volatile and subject to sudden price drops. However, some analysts suggest that now may be a good time to buy Bitcoin, as it has hit its bottom and may see an upward trend soon. Regarding the technical indicators, the RSI is 34.28, indicating bearish sentiment. The volume oscillator is at -12.5%, suggesting that there has been a decrease in trading volume. The MACD is at -569, which is also bearish. However, the stochastic oscillator is at 27.9, which shows that Bitcoin is oversold and may rebound soon. The Fibonacci retracements give us some price levels to watch. The 0.5 Fibonacci level is at $21,105, above the current price, and the 1 Fibonacci level is at $22,662, even higher. The upper Bollinger band is at $22,552, above the 1 Fibonacci level, and the lower Bollinger band is at $19,084, below the current price. Between the upper and lower bands, the middle Bollinger band is at $20,818. Overall, the technical indicators suggest that Bitcoin is on a downward trend, but the stochastic oscillator hints that it may soon rebound. The news about long-term holders holding their Bitcoin during the price decline may indicate that there is still a strong belief in the future of the cryptocurrency. If you're considering investing in Bitcoin, it's important to research and assesses the risks involved. Remember, cryptocurrencies are still a relatively new asset class subject to high volatility. Local support: $18,000 - This is the recent low that Bitcoin dropped to before rebounding slightly. It could be considered a short-term support level. Solid support: $19,549 (0 Fibonacci level) - This is the first Fibonacci retracement level on the 4-hour timeframe, and it held as support during Bitcoin's previous price decline in January 2021. It could be considered a more significant support level. Local resistance: $20,818 (middle Bollinger band) - This is the current price level that Bitcoin is hovering around, and it's also the middle Bollinger band on the 4-hour timeframe. It could be considered a short-term resistance level. Solid resistance: $22,552 (upper Bollinger band) - This is the upper Bollinger band on the 4-hour timeframe and is close to the 1 Fibonacci retracement level. It could be considered a more significant resistance level. Of course, these support and resistance levels are not set in stone and may shift over time depending on market conditions. Traders and investors should always use multiple indicators and analysis techniques to make informed decisions about buying or selling Bitcoin.
by MonoCoinSignal
28
BTC-USDT Long Term Perspective leading to bottom of bear marketThis chart has been saved now for a month since I noticed the correlation and started suggesting we could see the move start to play out and it has now started the first leg of the run down which correlates right around this March 20th spring equinox, which all adds up to the fibs in the charts. Fib cirlces is not a metric I see many people mess with, but I have found in all of my relative experience that anything fib related seems to be some of the most accurate measuring units, whether its simple fib retracements/extensions, or more advanced metrics such as circles, channels, wedges, etc. which I assume has to do with the fact that fibs in general are based off the mathematical idea of fib sequencing which is based off of real life patterns seen amongst all things in the natural world. This is also why I like to give fibs the benefit of the doubt more often than not due to the fact that I personally believe anything that can be seen in nature with the high volume we see fibs for example, has to have some bearing when compared to charting, which we all know is based highly off of raw human emotion, therefore giving this chart the respect I have since noticing the pattern. I believe we will see more downside, and I do believe we will bottom right around 9.5 as there again is correlation, once again finding 3 specific points of confluence, just as noted with this last drop in the market that started the last 24 hours and is still playing out. We will see bounces that serve as more bear market relief rallys, but that is all these small points of upward movements are. Therefore is you are a long term style investor, that information would suggest waiting for more downside before DCAing into your position, or however you prefer to invest. And for those of us who daytrade, swing trade, scalp, etc. know that this will not go straight down but will crab as usual, with waterfall drops playing out during the continued downside, which I give until the fall equinox this year. Therefore, expect the bottom to play out in the fall sometime, before we finally see sustainable higher highs, etc. I will update weekly, but wanted to start by giving a brief macro synopsis, and apologize to anyone who finds this informative that I did not publish this sooner. I am just now learning how to do all this publishing stuff and so bare with me, no pun intended.. lol. but seriously, I am sorry as I have been posting non stop now in the chat for a month and just hope there was at least one person I helped either to make money, or refrain which in return helped them from losing money, which I have learned in my short career of trading for a living, that more times than not, saving money by not entering has been so crucial, often times way more so than that big trade that realistically only happens a couple times a month. The majority of doing this for a living is having the patience to wait for these solid moves, which I wish I knew when I first started. (that and the fact that any type of larger leverage will be your death) - Learn to trade with 5x or less and thank me later. Anyways, back to the point, I will upload as much as needed for hopefully anyone looking to get into trading, or more specifically interested in BTC, I hope my idea from here on out play as a beneficial piece to your success, and look forward to any criticism as that sharpens my skills, and of course questions or praise are gladly accepted. -Alex
by Alexander_Thaddeus
1
This Is How GBPUSD Will Likely Move In Coming Months | Be Ready!I have published this idea to give you a general view of how to look at GBPUSD in the meantime .. Please do consider that this is an estimation of how price might move, given the current conditions and market outlook and that may change and it's not stable.. A confirmation must occur before determining every leg of the moves shown on chart, and confirmations of lower timeframes is obligatory.. This is the general view of what we might expect price to do.. make sure to hit a FOLLOW to get updates and confirmations right away💥 What's your view on this pair and DXY in general?
Long
by MST_Trader