The #1 Reason Why Real Estate Is The Lowest Hanging FruitAm drinking my cup of tea before recording this video
as I click on the Tradingview platform
I notice in the breaking news tabs
--
"Real Estate low hanging Fruit" [ NYSE:HD AMEX:IYR ]
--
Now if you look into this video you will see
the stochastic indicator
and inside this video
I show you why this indicator confirms
the latest breaking news
as real estate being the lowest hanging fruit
For you to buy
Watch this video to learn more
Remember to rocket boost this content
to learn more
--
Remember on the 19 of October
am going to show you
"The Top 13 Iron Watchlist"
Which I will be using for 2025 to see
major market cycles.
Save that date
--
Disclaimer: Trading is risky you will lose
money whether you like it or not
please learn risk management
and profit-taking strategies.
Oscillators
How to Use Trading Zones in CryptoHello, Skyrexians!
Last two articles were the deep dive into the Awesome Oscillator and Acceleration Deceleration indicators by Bill Williams. In conjunction with the fractals and the alligator these indicators are the powerful concept in cryptocurrency trading. It can significantly boost your cryptocurrency trading strategy, crypto trading algorithm or you can implement it into trading bot. Today we will expand this concept with the trading zones - the periods on the market with the bullish or bearish superiority.
Trading zones is not the popular concept in comparison to Awesome Oscillator, that's why using it can give you a huge advantage in crypto trading because even top crypto traders don't use it in their trading routine. Let's go through its concept.
Before start observing the trading zones concept we have to understand what are the Awesome Oscillator and Acceleration/Deceleration. Awesome oscillator is the approximation of the market's driving force. Usually it starts moving before the price if this is an impulsive wave. During corrections it can flash the false signals. Before the driving force starts moving the acceleration changes its direction. That's why combination of these indicators is so important.
What is the trading zone?
As you know from AO and AC descriptions they can have 2 conditions: increasing (greed bars) and decreasing (red bars). According to this we can define 3 marker conditions:
Green zone. Both AO and AC have the increasing columns. This is the strong bullish phase. Only long trades are allowed.
Red zone. Both AO and AC have the decreasing columns. This is the strong bearish phase. Only short trades are allowed.
Gray zone. AO and AC have the different directions. No signals can be generated by this trading zone
Chart for trading on time frame charts below 1D chart
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
This is an indicator created for trading on time frame charts below 1D charts.
Therefore, there is nothing to explain.
This is because trading should be conducted according to your own trading strategy or response strategy.
However, I hope that it will be a reference material that allows you to create a trading strategy or response strategy that suits you by looking at the points where you can start trading or the points where you can respond.
To use this chart, click the three dots below this idea and click Grab this chart.
---------------------------------------------
The basic trading method is as follows.
1. The BW 0 line or BW 100 line is the standard line for trading.
Therefore, to start trading for the first time, you will trade with a buy (LONG) or sell (SHORT) position depending on whether these two lines are supported.
2. The Mid (50) line is the position conversion line.
Therefore, when trading with a sell (LONG) or sell (SHORT) position, if you touch the Mid (50) line, you should proceed with a split transaction or liquidate depending on the situation.
3. The High (80 Down), Low (20 UP) line plays the same role as the Mid (50) line, but it is a line for the main purpose of a split transaction.
Therefore, in the case of a low time frame chart, it may be more helpful to deactivate the High (80 Down), Low (20 UP) lines.
-
The additional trading method is as follows. 1. If it falls below the BW 0 line, it is likely to lead to a stepwise downtrend.
2. If it rises above the BW 100 line, it is likely to lead to a stepwise uptrend.
Therefore, if 1 and 2 occur, you should conduct split trading near the Mid (50), High (80 Down), and Low (20 UP) lines.
To determine this, it is recommended to conduct trading by referring to the movement of the StochRSI indicator.
If the StochRSI indicator has entered the overbought zone, it is highly likely to lead to an additional rise.
Therefore, if it falls in the overbought zone and changes to a state where StochRSI < StochRSI EMA, the price is likely to continue to decline.
Conversely, if the StochRSI indicator has entered the oversold zone, it is highly likely to lead to an additional decline.
Therefore, if it rises in the oversold zone and changes to a state where StochRSI > StochRSI EMA, the price is likely to continue to rise.
With this interpretation method, I recommend using it as a basis for judging how to proceed with a transaction when the price is located near the BW 0 line and the BW 100 line.
-
When trading, it is recommended to proceed based on the trend of the 1D chart.
In other words, if the 1D chart maintains an upward trend, it is recommended to proceed with a transaction to maintain a long position.
If you need to trade in the opposite direction of the 1D chart trend, remember that a short and quick response is required.
In order to see the overall trend, the M-Signal indicators of the 1M, 1W, and 1D charts have been added.
For scalping or day trading, the 5EMA indicator of the 1D chart has been added.
-
Have a good time.
Thank you.
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GBPUSD Long 11/10/2024Asset Class: Forex
Income Type: Weekly
Symbol: GBPUSD
Trade Type: Long
Trends:
Short Term: Down (1H, 4H)
Long Term: Up (Daily)
Set-Up Parameters:
Entry: 1.30616
Stop: 1.29970
TP1 1.32519 (3:1)
Trade idea:
4h DBR at breakout,
Downtrend Reversal to Uptrend
RSI oversold and showing strong Divergence.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
Pacific Biosciences of California, Inc. - positive divergenceOn the 5 day chart price action has corrected 90% since closing the previous idea (below) on June 21st 2023 after a 200% rally. A number of reasons now exist to consider a new long position now that the short is closed.
1) RSI resistance breakout and backtest confirmation.
2) Strong regular bullish divergence. Look left.
3) Monthly support. See below.
4) No shares splits since last publication when trading at $14
5) Percentage of Shares Shorted 20.04%. That comes after a 98% correction. My goodness.
Is it possible price action continues correcting after a 90% correction? Sure, sellers and short sellers alike know what their doing.
Is it probable? No.
Ww
Type: Trade
Risk: <= 6%
Timeframe for long: this month
Return: For elsewhere
Stop loss: For elsewhere
Previous long idea
Monthly chart support
The key is whether it can rise above 61K
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
It was created using the Trend-Based Fib Extension tool based on the candlestick of the selected point used when drawing the parallel channel.
Therefore, from a short-term trend perspective, you can see that the area around the right Fibonacci ratio 0.618 (59369.59) ~ 0.5 (60650.13) is an important support area.
-
Therefore, the key is whether it can maintain the price by rising above 61099.25 after October 11.
If not, and it falls, it is possible that it will finally touch the M-Signal indicator on the 1M chart.
Currently, the M-Signal indicator on the 1M chart is rising around 52K.
The expected crossover area is expected to be around 56K (56150.01-56950.56).
-
(Chart under test)
If the M-Signal on the 1W and 1D charts breaks through the convergence area (1), it is expected to create a new rising wave.
If not, we need to check whether there is support in the area (2).
-
BW v1.0 indicator's BW is an indicator that comprehensively evaluates DMI, OBV, and MACD.
The interpretation method is
1. The horizontal line created by touching the 100 point becomes the trading reference line.
2. When it falls below the 80 point, the high point section is displayed.
3. The position is switched around the 50 point.
4. When it rises above the 20 point, the low point section is displayed.
5. The horizontal line created by touching the 0 point becomes the trading reference line.
2, 3, 4. are likely to have volatility, so the corresponding lines are the sections that must be responded to.
In other words, they correspond to the time when split trading is conducted.
---------------------------------------
The point to watch is whether USDC can be maintained above 26.153B as the gap decline decreases.
The important support and resistance area for USDC is 32.435B.
If the selling volume of BTC confiscated by the US government decreases and USDT gaps up, I think the coin market is likely to show an upward trend.
If not, it may not be able to digest the selling volume and lead to further decline.
----------------------------------------
(NAS100USD 1D chart)
We need to check whether there is support near 20313.8.
Since the StochRSI indicator has entered the overbought zone, even if it rises, it will eventually fall.
At this time, the point of interest is whether it can receive support near 20313.8.
The most important support zone at the current location is 19582.6.
----------------------------------------
The chart consisting of parallel channels and Fibonacci ratios is a chart for chart analysis.
Therefore, if your trading strategy is not properly established when trading with the support and resistance points confirmed by the Fibonacci ratio, you need to be careful because the transaction may proceed in the wrong direction.
Therefore, you must mark the support and resistance points on the 1M, 1W, and 1D charts.
-
The chart that has been used since the past is the chart that shows the support and resistance points drawn on the 1M, 1W, and 1D charts.
I think the support and resistance points shown on this chart are the most accurate among the charts I am introducing.
However, it is difficult to see because it is too complex a chart to use for publishing as an idea.
-
I am testing whether I can trade with the trend, momentum, and market strength by comprehensively evaluating MACD, DMI, and OBV.
I am testing it for use on time frame charts below 1D charts.
When using it on time frame charts below 1D charts, you can disable indicators corresponding to 2 and 4 and use it.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the full-scale uptrend will start when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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USOIL Rallies, Tensions Rise, Could Price Soar More??Here I have TVC:USOIL on the Daily Chart!
Starting with Technical, we can see Price has formed a Double Bottom at a Support Area that's kept Price afloat for quite some years now, but was last visited and acted as Support for Price back in the Spring of 2023!
Price has Broke the Confirmation of Pattern @ $72.36 and is now Breaking the Local Falling Resistance from prior July & August 2024 Highs. Regardless, Price Action has Broken Structure and created Higher Highs and Lows, confirming Uptrend, starting with the Higher Low of the Double Bottom on Oct. 1!
- Currently we want to see this Bullish Rally continue Breaking Above the Falling Resistance and staying above the ( $71 - $72 ) Range that Price has been interacting with Signaling Bulls in fact are in control, then for a Test of the Break of Confirmation of Pattern and Test of the Break of Local Falling Resistance!
* Once successful, we will see Price rise to the next Falling Resistance created from the Highs of Sept. 2023 & Apr. 2024!
- Massive Bullish Volume enters on the 2nd Low of the Double Bottom on Oct. 1
- Price on RSI is Above 50 with the Break of the Confirmation of Pattern
Now Fundamental, the biggest factor that seems to be at play for TVC:USOIL is all the Geo-political confrontation stirring up. Not only is the Russia/Ukraine war still ongoing, the tensions between Israel/Iran are seeing massive implications across the board!
- Oct. 1 being the beginning of the Iran missile attacks on Israel www.tradingview.com
- Now worries arise that Iran's Oil Facilities may be in danger as a possible Retaliatory Israeli Strike Target! With Iran eyeing Israel's Energy Infrastructure, Power Plants, Refineries and Gas Fields!
www.tradingview.com
* Oct. 7th is the Year Anniversary to the Israel/Hamas conflict and suspicions arise that we could be looking at things intensifying further!
Get Ready For The "Top 13 Iron Watchlist" + Gold Price ActionThis is something I have been struggling with
"what indicator to use for the top 13
Iron watchlist ?? "which I will reveal to you
On the 19th Of October,2024
This watchlist is whats going to rocket boost
my trading for 2025
-
Look at this chart notice that the stochastic rsi
3 day moving average
has crossed the 14 day
moving average?
Also notice that the price is in an uptrend?
--
This asset price is from the Top 13 Iron Watchlist
This watchlist is a new way of looking
at not only the market
But what makes this one unique
Is its purpose is to allow me to trade the market cycles
both bear and bull markets alike
One of the assets on this watchlist
is this one COMEX:GC1!
Because its a very powerful asset
that protects against inflation
With this Top13 iron watchlist
the assets on this watchlist
show you the assets that will
turn and show you
the market cycles of 2025 LIVE..
These are the assets that
will show you the market cycles
To learn more
check out the rocket booster
strategy as well
Because I will also be using this
strategy to determine the trend of
the asset found on the Top13 iron watchlist
Rocket boost this content to learn morre.
Disclaimer:Trading is risky you will lose
money wether you like it or not
so please learn risk management and profit
taking strategies.
Bullish divergence on EUR/USD 4hHello guys,
As you can see on the #EURUSD chart in the 4H time frame, it is consolidating within the liquidity box and has formed an RSI bullish divergence pattern. I’m going to open a trade with an R/R of 6 and a stop loss of 8 pips when break-out happened above the box.
Don’t forget to keep your risk at 1% per trade. That’s a crucial rule that could be the key to your success.
Good luck!
Nasdaq’s bullish close provides platform for record highsNasdaq 100 futures have closed above 20370 for the first time since July 16, providing a platform for bullish trades to be established with a tight stop below for protection. The record high of 20984 seems an appropriate initial target.
Granted, the bullish move wasn’t underpinned by meaningful volumes, which would have been nice to see. But RSI (14) has broken its downtrend and MACD has flicked higher after the briefest of ventures below the signal line, hinting momentum may be in the early stages of turning.
Everyone knows the US inflation report is out Thursday, creating a risk event. But traders have already removed more than three rate cuts from the Fed funds futures curve by the end of 2025, so the threat posed by a hot number does not look as acute as a month or so ago.
It’s also worth remembering that while higher US bond yields erode the value of future cashflows, so large are the cashflows of the tech titans they don’t need capital markets to fund their growth like smaller, cyclical firms.
Therefore, I’d be more concerned about outlook for US small caps if the inflation report were to print strong.
Good luck!
DS
XOM Stock: Using The Rocket Booster Strategy In 3 StepsThe oil prices NYMEX:CL1! are looking like
they are going to rise.
Why?
Am really not sure about why
but one thing for sure is the
price hike is coming
The oil price affects this stock
which is one of the stocks on
my watch list
Because of my change of trading
I have developed a permanent watchlist
Again you need to understand
that am not day-trading these stocks
forex or crypto
am looking at these trades like
investment opportunities.
Yes you may get discouraged but
don't give up
On building your watchlist
which is a very important step
to a successful trading career
Also notice that this
price action follows the rocket booster
strategy
The rocket booster strategy
has 3 steps:
#1-The price has to be above the 50 EMA
#2-The price has to be above the 200 EMA
#3-The price has to be in an uptrend.
This is what you are seeing here on
this chart of NYSE:XOM
Remember to learn more rocket boost
this content
Disclaimer: Trading is risky please learn
risk management and profit-taking
strategies.
Simple13 Trading IdeaTechnical Setup:
The stock is trading near its 52-week low, which suggests it might be oversold.
The RSI is also in the oversold area, increasing the likelihood of a potential rebound.
Financial ratios show PE at 21 and ROE at 22%, indicating that the stock’s fundamentals remain strong, and it may be undervalued at current levels.
Entry Strategy:
The buy zone between RM 1.10 and RM 1.16 represents a favorable entry point based on current support levels and the stock’s oversold condition.
Profit Taking:
If the price rises to RM 1.35, take profit as this represents an approximately 16.4% upside from RM 1.16, a reasonable resistance level in the current market condition.
Profit-taking decisions should also consider individual trading goals and risk tolerance.
Risk Management:
If the price drops below RM 1.00, consider cutting losses, as the pullback could extend further than expected and breach important support levels.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research or consult a professional before making any trading decisions, as market conditions can change rapidly.
MYX:CTOS
How to REALLY Trade Divergences (One of My Favorite Entries)This tutorial might be short, but it is packed with potent information on how to REALLY trade divergences.
Divergences are one of the BEST ways to catch market reversals. However, from what I have seen, most people do not have a real process for determining when a divergence is actually confirmed/triggered, and then how to determine targets based on the divergence setup.
In other words, most people don't have a plan for trading divergence.
This video will give you a full plan (Setup/Trigger/Follow Through) for trading divergences.
I give full credit to Jake Bernstein, as this is a concept that I learned from him. He is one of the all time greats, and very worth your time to check out.
I hope you found this video insightful.
Have a great week.
The key is whether it can rise above 5878.7-6119.3
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
I think this is the first time I've written an idea for the SPX500USD futures chart.
I'll give you an example of how to actually use it using the parallel channel that I introduced.
No matter how good an indicator or chart tool is added, if you don't know how to use it, chart analysis can be done in the wrong direction, so it is recommended that you familiarize yourself with the core interpretation method and how to use it before using it.
There are many examples of how to draw a trend line or how to draw a parallel channel, so you need to study how to draw it.
-----------------------------------------------
(SPX500USD 1M chart)
It is rising near the upper black line of the parallel channel.
Therefore, it is likely to face resistance near the black line and fall.
Accordingly, we need to check for support near 1 (5878.7) drawn with the right trend period Fibonacci Extension (Trend-Based Fib Extension) tool.
If it falls, we need to check if it can rise along the middle point (black dotted line) of the parallel channel.
However, since the section pointed to by the finger is an important support and resistance section, if it receives support near this section, it is highly likely that the upward trend will continue.
-
The left trend period Fibonacci Extension (Trend-Based Fib Extension) is drawn as the first rising wave on the 12M chart.
The trend-based Fibonacci extension on the right is drawn as the last rising wave on the 1M chart.
-
The section drawn as a square box corresponds to an important section among the Fibonacci ratios drawn on the chart, and when viewed as a parallel channel, it passes near the upper black line, so you can see that it corresponds to an important section.
-
(1D chart)
Since it is a futures chart, it is right to explain it on a time frame chart that can actually be traded, but since an idea can become useless as soon as time passes after publishing it, I will explain it based on the 1D chart.
I think the most important trend in futures trading is the trend of the 1D chart.
Therefore, when trading in the opposite direction of the trend of the 1D chart, you need to respond quickly and briefly.
-
A parallel channel was also drawn on the 1D chart.
The first point is designated as the point that is supported and rises from the middle point of the parallel channel drawn on the 12M chart, and the point that the finger points to is designated to draw the parallel channel.
The HA-MS indicator was used to draw the support and resistance points.
However, as shown in the chart above, the HA-MS indicator may be distracting when viewing the chart, so I am explaining it by disabling it.
-
The key is whether the price can be maintained by rising above 5741.6.
The 5741.6 point is the HA-High indicator point on the 1D chart, meaning that anything above this point is in the high range.
Since the StochRSI indicator is currently in the oversold range, it is more likely to lead to an additional decline.
Therefore, if the price falls, the key is whether it can be supported near the middle point of the parallel channel on the 1D chart, which is the section indicated by the circle.
That said, I don't think it's a good idea to enter a sell (SHORT) position right now.
The reason is that the StochRSI indicator is in the oversold section.
Therefore, if you want to trade with a sell (SHORT) position through scalping and day trading, you need to respond quickly and quickly.
Although the StochRSI indicator has entered the oversold section, the BW indicator is still rising.
Therefore, you should consider that there is a high possibility of a fake or sweep that pretends to fall.
Therefore, in order to make a big profit with a sell (SHORT) position, the BW indicator should be in a horizontal line at the highest point (100) and the StochRSI indicator should be falling in the overbought section.
-
Have a nice time.
Thank you.
--------------------------------------------------
New chart tool released: Parallel Channel
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
You can check the detailed explanation of the newly added chart tool by clicking the link address below.
www.tradingview.com
---------------------------------------
The most important thing when drawing a trend line is where you designate the selection point.
Therefore, it is recommended to draw the trend line before starting a trade.
If you draw a trend line while a trade is in progress, you should be careful because your psychological state may be reflected when designating the selection point.
-
You need to select 3 points to draw a parallel channel.
The first and second are the points corresponding to the trend line, and the third selection point is the point where the channel will be drawn.
Accordingly, I recommend drawing on the largest time frame chart possible.
I think that is the most objective way to draw parallel channels.
-
The chart above is the 12M chart, which is the largest time frame chart.
If the 12M chart does not have the current candle arrangement, you should use the 1M chart.
-
As in the example chart above, create a trend line by specifying the low point of the rising candle after the falling candle. (Specify 1st and 2nd points)
Then, complete the channel by specifying the high point of the candlestick to the left of the previous downtrend candlestick of the 2nd point. (Specify 3rd point)
If you draw it like above and look at it on a 1D chart, it will feel like it is drawn well.
-----------------
If you want to draw a 1D chart on a lower time frame chart, the 3rd point is the hardest to choose.
However, since you can designate it in the same way as you drew it on the largest time frame chart, you have to find out which point corresponds to the 3rd point.
-
If you look at the current trend, you can see that it is forming a downtrend channel.
Therefore, you have to choose a point to create a downtrend channel.
-
You can select and designate as shown in the chart above.
When drawing on the 12M chart above (when in an uptrend)
1st point designation: Select the low point of the rising candle after the falling candle
2nd point designation: Select the point of the rising candle after the falling candle after the 1st point designation
3rd point designation: Select the high point of the candle on the left of the falling candle to the left of the 2nd point designation
(When in a downtrend)
1st point designation: Select the opening price of the falling candle (wave) after the rising candle (wave)
2nd point designation: Select the opening price of the falling candle (wave) after the rising candle (wave) after the 1st point designation
3rd point designation: Select the low point of the rising candle (wave) to the left of the 2nd point designation
If you select in the above way, you can get a feeling that something is well drawn.
If you have your own drawing style, you can draw it that way.
I am just giving you an example of how to draw, so you don't have to follow it.
However, the important point is that you have to draw it according to the method of designating the selection point and creating a pattern.
-
If you look at the 1D chart above, you can see that there is a vertical line drawn.
This vertical line indicates the high point of the StochRSI indicator.
Since the current trend is a downtrend, the high point of the StochRSI indicator is indicated, but when it is an uptrend, the low point of the StochRSI indicator is indicated.
And, based on that point, you can select the point according to the format of designating the selection point mentioned above.
-
The trend line is a tool for chart analysis.
Therefore, in order to trade, the support and resistance points drawn on the 1M, 1W, and 1D charts must be indicated.
So, if you have confirmed the trend using the parallel channel released this time, you must draw the support and resistance points to create a basis for trading.
The reason is that since the trend line is diagonal, it is difficult to determine the timing to start trading.
-----------------------------------
The method I am talking about is a method that anyone can understand.
The trend line you draw should be a point that everyone who sees various support and resistance points can understand.
Then there is no need to explain why you chose that point, and I think everyone can easily understand it.
If you have a good method that you are using, please publish it as an idea and make it public.
-
Have a good time.
Thank you.
--------------------------------------------------