Ripple and Stellar: Masterclass in Trendlines and Market SignalsA sharp, no-nonsense look at Ripple (XRP), Stellar (XLM), and the art of technical analysis—plus a brief existential detour about crypto's real worth.
Plus, detailed buy and sell points for all my ideas for the upcoming week.
Trendlines Decoded:
Learn how to draw, validate, and use trendlines like a pro, from identifying breakout zones to defining key support and resistance levels.
Ripple’s Tightrope Walk:
XRP is moving sideways after a strong rally—will it break out or break down? The Bollinger Bands are saying boa constrictor; the market is saying wait and see.
Stellar: Is the Star Fading?
XLM’s recent bearish signals and lower lows paint a concerning picture—but the charts still hold hidden opportunities for the patient trader.
"Close Above, Trade Above" Methodology:
Discover the technique for predicting price behavior around trendlines and why candle body placements matter.
Bitcoin Bonus Insight:
The final section touches on Bitcoin’s price behavior as a guide for the broader market—and why understanding it is key to Ripple and Stellar’s fate.
A Fart Coin Revelation:
Yes, Fart Coin made an appearance. No, it’s not a buy recommendation. But it did prompt a pointed discussion about what gives cryptocurrencies actual value.
CRYPTO:BTCUSD CRYPTO:XRPUSD CRYPTO:XLMUSD CRYPTO:FARTCOINUSD COINBASE:MOVEUSD CRYPTO:RAREUSD CRYPTO:BLZUSD CRYPTO:BTRSTUSD CRYPTO:MATHUSD CRYPTO:DRIFTUSD
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GBPJPYThe Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices. The yen weakened 0.3% against the dollar after the rate decision, trading at 155.42 and hitting a one-month low
Options Indicator Explained - so you can SEE what you tradeEver since we created this indicator back around 2020 on the TradingView platform it is so far the best platform for our analysis, research, coding, and development of different trading tools. This was 4 years ago, but we have been with TradingView almost for a decade !
The whole concept of this indicator came when a long time ago we read the big big book of options, and could not understand how come the stock price moved up but our calls are losing money ! Yes, we have been there too. And then came this indicator to life. We don't make a trade without it ever since. If you saw the video, you clearly know why.
Let's delve into some key concepts that can elevate your trading game:
### 1. Visualizing Profit and Loss
One of the most powerful tools in an options trader's arsenal is the ability to plot profit and loss lines on a chart. This visualization helps you understand the time decay of the options you buy or sell. By seeing how your potential profits or losses change over time, you can make more informed decisions about when to enter or exit trades.
### 2. Moving Beyond the Greeks
The Greeks—Delta, Gamma, Theta, and Vega—are often emphasized in options trading, but their standalone value can be limited. What truly matters is how these metrics impact your profit and loss curvature. Think of it like driving a car: while an acceleration meter provides some information, what you really need is the speedometer and a clear view of the road. Focusing on the profit and loss curves allows you to grasp the real impact of these factors on your trades.
### 3. Identifying Pivot Points
By observing profit and loss lines, you gain insights into optimal entry and exit points. Placing trades at pivot points can enhance your reward-to-risk ratios. Certain options offer generous room for stop-loss placement and quick profits if you choose pivot points where price rejections are likely. Seeing these lines helps confirm that your trading idea has a high probability of success.
### 4. Conducting Volatility Simulations
Professional volatility testing with your indicator is crucial. It allows you to anticipate how changes in volatility will affect your options' profit and loss. Each case is unique and dependent on the underlying stock, so it's vital to have contingency plans and avoid trading blindly. You must always take into account that the volatility can drop or rise against you, and you need to see that even if it happens, you will still be okay, and not be a dreamer. Reality is everything, trade realistically.
### 5. Timing Your Trades
Boost your performance by understanding how much profit you can lose (when buying options) or gain (when selling options) over the duration of your trade. This knowledge helps you make better timing decisions and manage your trades more effectively while you are inside the trade. In some trades you can clearly see that you just don't have the time to survive a correction and then wait for the next pulse wave to come and save you, you can see clearly that it is better to take profit today, since you just do not have enough time for a correction and a bounce back to the current profitable price. In options, what it is profitable today is NOT profitable tomorrow. I show you this in the video.
### 6. Simplifying with Profit Lines
You don't need to rely heavily on the Greeks anymore. Profit lines already account for these metrics, freeing your mind to focus on price action. This approach eliminates the confusion often associated with the non-linear behavior of options, rooted in complex models like Black-Scholes.
### 7. The Black-Scholes Model and Implied Volatility
Understanding the Black-Scholes model and implied volatility is fundamental. These concepts help you grasp how options are priced and how market conditions can impact their value. Using the indicator, you don't need even to know who or what is the Black-Scholes Model, since it does all the work and heavy lifting for you, by plotting you exactly what you truly need... Where you make a profit, where you will make a loss, and how much (profit lines).
### 8. In the Money vs. Out of the Money
Knowing the difference between "in the money" and "out of the money" options is crucial. In-the-money options have intrinsic value, while out-of-the-money options are more speculative and rely on price movements to become profitable.
### 9. Short-Term vs. Long-Term Options
Short-term call options offer quick potential gains but come with higher risks due to time decay. Long-term call options, on the other hand, provide more time for your trade to work out, reducing the impact of time decay but often requiring a larger capital investment. I show a clear example in the video.
### 10. Maintaining Reward-to-Risk Ratios
You should make sure you always maintain the reward-to-risk ratios in your favor BEFORE you enter the trade, this is what keeps you in the game and makes you thrive and not just survive. Do you think they let a pilot to land an airplane, just with his "gut feeling" or do they give them an indicator to SEE the runway? If you don't see your profit and loss lines, you don't see the runway when you land your plane. We've all seen those wallstreetbets BLIND crash landings in options and know how they end before they started. This can and should be avoided, always know your risk, and your potential reward.
### 11. Proof of Accuracy
Finally, reliable indicators provide proof of accuracy, showing you the same profit or loss you'd experience given stock movements and implied volatility changes. This consistency gives you confidence in your trades, eliminating confusion and preventing unexpected losses.
In the end of the video, there is proof of the accuracy, that the indicator in did shows you the same profit or loss you will have in the position, given the stock movement and implied volatility changes, so you can rest assured that your landing indicator will not surprise you no matter the weather, you will have full control on your options trade. No more the feeling of confusion and then your fast profit crushes to zero or even a loss and you don't know why.
Master these concepts, and you'll have a robust framework for navigating the complexities of options trading with precision and confidence.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
update from the last bitcoin reportAs we anticipated, our analysis on BTCUSD has played out as expected. Now, we're shifting our focus to the next move. What's your take on the current market dynamics? Should we expect a continuation of the trend or a potential reversal? Let's discuss our strategy and make informed decisions to maximize our gains.
WARNING - XRP Army Are You Ready ? MartyBoots here , I have been trading for 17 years and sharing my thoughts on XRP here.
XRP is looking beautiful , very strong chart for more upside
Very similar to OTHERS chart which mooned into a new year
Do not miss out on XRP as this is a great opportunity
Watch video for more details
GBP/JPY eyes break of 2015 highThe BOJ held rates as expected and the BOE are expected to hold rates later today, and unlikely to provide a particularly dovish tone. With that in-depth central bank analysis out the way, I want to share a nice looking long setup on the daily and 1-hour chart. I also take a quick peak at seasonality in December which points towards a bullish bias over the near term.
MS
DOGE YOU THINK WE ARE GONNA MOON?Sheesh, let's cut through the nonsense and get to some points. Of course, everything is hypothetical, but we might need a little hope for the people who bought at the top, right? My views and ideas are crammed into a quick 10-minute window. Let it roll, and enjoy the ride.
Silver12 18 24 I felt compelled to do this video after most of the markets closed for the day because the previous video I claimed was not a good trade because the market was actually contracted and trading a contracted Market is a very bad idea. near the end of the session on Silver it managed to produce a very substantial move lower in effect creating an expanding market for silver and because of this a bad Market turned in to a good Market to go higher. over the years I made a concerted effort to look for behaviors that could keep me out of bad markets and attract me to the good markets. today the silver expanded near the end of the day and there was a confluence with the expansion of the market and the simultaneous Target of an ABCD pattern at a double bottom. this Market became an untreatable market today and turned into a great opportunity by the end of the day and I believe this is a good trade to go long at the end of the trading day or even at this time since the market has started a new day even though we're still on Wednesday and the market still trading so that you could make an entry into the market if you wanted to. the funny thing about trading is that if you appreciate opening price when the markets starting to trade after it's been put on hold at the end of 1 day and then opens in a couple of hours the next day you know what a mistreats it can get you in the market and carry you through for the rest of the day when you get up at 6:00 in the morning or whatever it is opening price trades happen so often that it's one time of the day you probably don't want to miss. these last couple of sentences were not expressed in the video but I've talked about this many times in the past.
EURAUD FORECASTTraders! This pair is looking very promising guys. But as I spoke into the video we just need to wait for the confirmation. You have to remember that before you think to make any profit from the market you have to think about protecting your capital by taking high quality trades. Discipline and patience is key.
SELL GBPUSD - How the FED impacted the USD!!!Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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Bearish USDT.D Bounce Off Support Trendline, Total 2 + Total3 Here's a follow up study to my USDT.D analysis from a few weeks ago, showing the markets typically sell off and put in a near term market top when Tether Dominance bounces off this key trendline (since 2018).
This is likely a sign of further downside on Bitcoin and the Total Market Cap with a further 20% correction likely before we bounce again. Hopefully in time for a Santa Claus Rally.
Also I look at how price clearly rejected on the Total 2 and Total 3 Market Cap's at the old ATH's from 2021. So it's no surprise markets are selling off here.
I've been saying 'Show me the charts, and I'll tell you the news' for years...
So while Powell's comments today were Bearish, it was incidental.
The market needed a cooldown, and the FOMC comments today were just the catalyst.
Let me know what you think below, and go ahead and like the video if you'd like me to do more of these here on the TV channel.
For more about us, check out the links in my Bio.
Gold - Prepare For A Devastating Drop!Gold ( TVC:GOLD ) will create a massive correction:
Click chart above to see the detailed analysis👆🏻
Gold rallied more than +70% over the past couple of months, basically without showing any real correction. Therefore it is no surprise that after retesting the channel resistance, Gold is now showing some weakness. It is quite likely that this is just the beginning of a significant drop.
Levels to watch: $2.000
Keep your long term vision,
Philip (BasicTrading)
Identifying Support and ResistanceFor effective trading, identifying key areas of support and resistance is crucial as these levels act as barriers within market trends, affecting asset prices. Support and resistance levels are not just arbitrary points but are derived from previous price history where a price halted and changed direction.
GOLDThe gold price dropped today due to the Federal Reserve's hawkish cut, which sent investors seeking safety into the US Dollar, outpacing demand for gold. As a result, gold fell towards $2,600 and below.. This move was anticipated, as the market had priced in a hawkish cut, and the focus is now on the Fed's expectations for 2025, which suggest fewer interest rate cuts.
The drop in gold price is also attributed to the strengthening US Dollar, which is trading near its weekly highs against most major rivals. Additionally, the technical indicators are neutral-to-bearish, developing around their midlines and failing to provide clear directional clues.
On dxy rally AUDUSD,USDJPY,EURUSD,USDCAD,GBPUSD will have a change in directional clues