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NVIDA - BULLISH SCENARIONVIDIA technical indicators suggest good conditions to seek 285-290 levels from March 2022. The dividend payout coming on the 7th of March might open a dip opportunity for the bulls. GeForce NOW | The Next Generation in Cloud Gaming is gaining significant momentum in the gaming community with the new subscription-based services and the demand for budget gaming setups since it only requires a wireless controller and a 2021 or later smart TV. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:NVDALong
by legacyFXofficial
My Biggest New Trader Mistakes & Lessons LearnedI thought I'd share my experience with other New Traders (I'm still 'new', 2yrs in). I made all the classic mistakes and plenty more, my learning is only just beginning. Hopefully this educational post helps others new to trading. Use a Stop Loss So many times I didn't use a Stop Loss. One of the main reasons was I kept getting Stopped Out and then the price reversed, it made me paranoid. Also when the day changes at the start of the Asia session, or over the weekend with the gaps on market open, I thought I was better not having one. I've Learned: If you don't use a Stop Loss it's psychologically hard to get out of a losing trade and you can easily blow your account. I think it's OK to move the stops temporarily before the Asian open, but ideally the trade would only be left open if a) it's well in profit and b) the move looks likely to continue. Don't move your SL & TP I kept moving both of these stops, I either couldn't face the actual loss when a trade went bad (it seemed less real on paper and there was always 'the chance' it would come back in my favour) or I got greedy when the trade went in my favour and then before I knew it, it reversed and my profit was gone. I've Learned: Moving Stops and Targets risks profitable trades; it's psychologically damaging as it suggests lack of planning and strategy, this is gambling. On the other hand, having a plan and seeing it playout, however big or small is hugely satisfying and is the best confidence builder. Get In and Out I kept looking for the really big moves, and I had a few, but only a few. I believe the longer you're in a trade, the riskier it is due to the many factors that can affect price - Institutions, Fundamentals, Global Events, there are so many things that can turn a good strategy bad, and I lost money. I've Learned: There are so many trading pairs, so many options, there'll always be another trade. Staying in a trade for too long is leaving money on the table, when it could be in your account, getting out too early is annoying, but having profit on the trade is much more important. Leaving trades over a weekend I've left both winning and losing trades over a weekend, and many times previously winning trades went against me, and losing ones got worse. Price can be unpredictable due to fundamental changes over a weekend. I've Learned: On a Friday, unless 80% happy that your trade will continue in the right direction over the weekend, close it and review again after market open (you may lose a few but you will have banked profits or minimised losses in many cases). Keep Fundamentals in mind I follow some traders who don't seem to care about Fundamentals, but in that time I've seen many of their signals go bad because of big news. I think, that they think, that if the news is in their favour they reach target quicker. If it's not, they reach target slower, as the market has already decided future price regardless. I've seen fundamentals shape both shorter and longer term trends, they can easily cause reversals and commonly they cause spikes in the opposite direction from what you'd expect, before then moving as you'd expect, but this can be too late. I've Learned: Each pair / trade is different, however I've learned to take a pragmatic approach, often getting out of a trade before the news and waiting for the market to calm down before considering re-entering. This can mean missing out, but too many times I was on the wrong side of the news, I'm more profitable stepping back first. Have positive involvement in the TradingView community From time to time I see comments on Trader's ideas that are less than positive, as though the commentator can predict the future? As a community of retail traders we are up against the institutions and the big money movers who love to take retail traders' money, this means as retail traders we're all on the same team. The total value of all of our accounts is like comparing the size of an atom to a planet! I've Learned: If you don't like someone's idea, move past it, or discuss professionally. Be open-minded to ideas and celebrate success, 'like' ideas that you like and give positive comments where you agree, we're all in this together, and everyone is trying their best. Do your own research I signed up to loads of Telegrams and followed signals blindly, and it cost me a lot. It's too easy for people giving signals to only report on the successful ones. The community around trading, particularly TradingView is awesome but it can be confusing, for every chart, for every pair there is so much subjectivity. Previous price action does not dictate future price movement, if it did everyone would win. I've Learned: Don't put your destiny in the hands of others, read and learn as much as possible but create your own plan and strategy, it's much more rewarding, both psychologically and for me, financially. Take a Break I was watching the charts of my trades almost constantly, whether up or down I was watching them, but not doing anything. If losing (without a SL) I'd be watching hoping it would come back, if winning I'd often manually close too early, or leave it too long (FOMO) and it was too much and made no positive impact on my trading success, it just caused stress. I've Learned: To create my plan with all of these lessons in mind, and action it if the conditions are right. If I'm working on my personal trading development now, I'm looking for future trading opportunities, I'm setting alerts for future price action, I'm writing and publishing my ideas, and most importantly I'm taking a break to enjoy weekends, holidays and normal stuff! Writing and publishing this education article is really cathartic for me, it's helping me to keep embedding the lessons I have learned. The best lessons are the hardest ones, the expensive ones! I've just started publishing my ideas on here and I appreciate all the support I can get to becoming a better trader, hopefully one day I can be good enough to do this full-time. It'd be great to know if you've experienced these and other lessons as a new trader. Are there any more that you can share with me, and the rest of the TradingView community?
OANDA:XAUUSDEducation
by Finchcliffe
7
Litecoin will pass Bitcoin before EthereumA strong position at $70+ and thrusting upward at a weak $85 resistance line, Litecoin spirals up and out of the meme generation. With all indicators looking positive for the crypto industry... We must look to utility in the coming months for profitable gains, I believe, with crypto underdog quietly taking the lead... LITECOIN What we know: - BINANCE:LTCUSDT active (true) market cap is $2.3 billion if you do not include dormant/lost Litecoin from early adoption years. - COINBASE:LTCUSD circulating supply is 1/4 the scarcity of BINANCE:BTCUSDT - BINGX:LTCUSDT Volume / Liquidity is 1/10 of COINBASE:BTCUSD - KUCOIN:LTCUSDT market cap is less than 1/50 of INDEX:BTCUSD - BINANCE:LTCBTC scales BINANCE:BTCPERP on layer 2 using Lightning Network, a high speed / low fee P2P transaction protocol. - COINBASE:LTCBTC competes with other layer 2 protocols such as BITSTAMP:ETH2ETH and BINANCE:MATICUSDT but is wildly undervalued in market cap comparison All things considered, I obviously don't think anything will pass Bitcoin. However I do believe, competitively, Litecoin will outperform it's layer 2 competitors like Ethereum in the coming months/years just on basic fundamentals alone. My price target for Litecoin in 2023: $375 - $3500
Long
by UnknownUnicorn47199281
[2023] An unfortunate tale of up-and-coming mishaps.Dear readers, Unfortunately, we have failed to create our good fortune in 2022. The main reason most influencers, traders and market followers; kept the "Buy the Dip" ante; is due to most of us believing in crypto; but also the idea that if we didnt make it in 2022, the bearishness due in 2023 could become damaging to the long-haul. 2023 is the year the U.S infrastructure bill is set to kick in. This bill conveyed a number of new burdens to be carried by node operators, miners and services. The biggest one of them being the tax reporting requirements which are currently unfeasible. If it weren't sufficiently bad; we also have to remain aware of the tactics, government roll out of CBDC's, could translate into. From a support for crypto-currencies in order to drive CBDC adoption, to, a possible view of crypto-currencies cannibalizing into the market for CBDC's. We are now starting the year with bearish macro indicators. A FED that is still unwilling to stop tightening and an overall market sentiment of disappointed at no pause/break in Q4 2022. This sentiment finds further justification in the steep decline in $APPL stock. A stock that for long was seen as a barometer for tech and the one tech blue-chip the majority of funds from low-risk pension funds to high risk hedge-funds, saw as a must within any portfolio. With all this in mind, 2023 looks set to be the most bearish year to date. We are slowly entering a period in history, where people simple do not enjoy sufficient disposable income to pay for Netflix and Spotify.(Sharp users decline. Sufficient for Netflix to review its subscription model and possibly roll out an ads based subscription.) A period where credit card debt is ballooning, not due to spending propensity, but due to people relying on credit to pay monthly utility bills, mortgages and other credits due. All in all we must remain warry. Many things are set to break in 2023. Utilities are set to remain climbing. Central-banks remain unwilling to change stance. It is now not the moment to attempt buying crypto or risk-on assets. Trade safe, and if you only know how to trade crypto, consider taking the time to learn about energy markets, defense and agriculture. The sun will set on crypto once more, but in these dark times, we must rush to safety. Happy new year and lets get to it legends :) Rob
Short
by TheBitcoinGeneration
2
$XRP RunXRP has been under a lot of legal chokeholds due to the SEC and accessibility on centralized exchanges. This can be seen with a consistent support/resistance line that has been developing over the past 3 years. As the Ripple v. SEC case seems to be windling down, we may see a breakout similar to that in 2018, if not higher. Additionally, it is important to note that XRP is ISO 20022 compliant, an attractive stipulation for big banks and financial institutions.
BITSTAMP:XRPUSDLong
by roman0losses
1
Vumanchu cipher b with divergence and ssl trend First post here I’m working hard at understanding technical analysis. I’ve created a 4hr/1hr strategy with the Vumanchu cipher b with divergence, ssl trend set at 18 for both, and 50/200/400 ema. Went through marked 4hr divergence and trend based signals highlighting the 4hr trend with vertical bars marking buys and sells. made up positions on the hourly ssl trend with entry at change of trend or hourly divergence stop loss at previous wick or opposite trend line. I’m a part time trader and needed a slow strategy for short term swing trades. This strategy has provided me with multiple entry’s and clear exits great for a newer trader looking for a flexible strategy. For free! Works on all time frames I find it best on daily 4/2/1 hrs and 15/3 minutes for scalps. Just an idea!
AMEX:SPY
by Cryptobrando65
xauusd gold analysis second week of december 2022Hello fellow traders and gamblers, The areas highlighted with the rectangle box are gaps which have to be filled in the upcoming months. Upon doing research and countless hours of studying, 2023 will mark the year of recession and gold rallying to new all time highs. This is evidenced by the 2007 crash which saw gold rally to new highs by 2013. We are following the same trend which started from late 2019 prior to covid outbreak. We are getting into the 4th year and gold has yet to set a surprisingly new all time high way above 2070. I cannot tell you which way the market will go but you can see in the chart is liquidity points which institutions and banks have bought and sold from. Good luck!
OANDA:XAUUSD
by Pipstarr
2
ZM accumulating @pandemic zone since Russian invasion; next TPsZM will continue to increase user base in the next few years even if work-from-home subdues. It has made a perfect ABC correction with A=C & is has been consolidating in the pre-pandemic 102 zone since Russian invasion started in Feb 2022. The risk of worst-case scenario is very low compared to the great upsides if a new EW cycle begins after ZM breaks above the pandemic zone & go above Ichimuko cloud in the 4Q2022. Not trading advice
NASDAQ:ZMLong
by xtremerider8
A new low on EURUSD Yesterday we saw a breakout of 0,9950! Those are historical levels for this currency pair but that doesn't mean we shouldn't be looking for further continuation down. We are now expecting to see price even lower. The next target is 0,9900 and basically the round numbers after that. Entries could be made with aggressive stops and after any small pullback. You don't even have to use a fixed TP but instead, you can have an open target and just move stops into profit every time price creates a lower structure.
Short
by ForexTrendline
5
XauUsd Huge profitable pullback Hello everyone its time to have some big push upward on XAUUSD from 1755.00 So we have a strong support line at 1754.00. According to the support zone and RSI (under 50) I found out that the price is going upward right from 1755.00 to maybe near 1800 so I hope your trades will be profitable for today. Everything is showing us that prices will go up so make your own setup and start making a profit. Please Support me with your likes and comments. Stay safe.
OANDA:XAUUSDLong
by FarahmandF