📉How to stay calm during market crashes?🔋Hi friends! Have you saved your deposit to buy crypto? Markets are falling lower and lower every day. In this idea I will give you some tips on how to open successful trades when the market is bleeding and emotions are taking over.
At the crypto market, such massive dumps happen once in 3 years, but the price sometimes falls by 30% and rises by 500-700%. This is called volatility. Crypto market is still quite young, so it is very high here.
I think it`s an advantage because it`s give more opportunities to traders and investors to grow their deposit faster in compare to stock or forex markets. But if you don`t know what to do during market crashes and stay calm at any markets i`ll share with you some tips:
📈Follow the trend. First and foremost rule. You think you can reverse the price direction by yourself? Unless you have more than $1 trillion:) Why would you fight the market when it can help you? If you don`t know what is trend, please, check this idea. It helps you to identify it on lower (1m-1h), middle (1h-1d), higher (1d-1M) timeframes.
📣Join the trading community. Talk to different traders (scalpers, swingers), investors. Share ideas, keep an eye on other people's trading ideas. This way you'll faster understand your mistakes, raise your win rate and look at trading from different points of view. The human mind is built so that you calm down when you shares your thoughts. Do it!
💹Use the trading strategy. Open trades only when the strategy tells you to do so. If you don't know what a trading strategy is or how to make one, post in the comments I'll do an update for you. Simply put, you need to:
1. Create filters to help you identify future price movement.
2. Use risk and money management. To earn in trading you don`t need to open a trade using all your depo.
🚩Personally, I use: trend lines, squeeze under them, mark key levels, volume and horizontal volume indicators, track the market manipulation. There are many trading tools - find your own or borrow someone else's and adapt to yourself and your psychology.
👶If you are new to the market and this is your first experience, trade on a virtual account or try to start with 1% of your capital. If you can't make $200 from $100, how can you make $20,000 from $10,000?
🏁The statistics says that only 1% of traders make profit, 9% trade at breakeven and the other 90% lose money. Be the 1%, learn, read, develop and stay calm!
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Snp500
ES1! SPX500USD 2022 MAY 16 Week
ES1! SPX500USD 2022 MAY 16 Week
Last week high demand area 3913 - 4000 support came in, causing a retracement.
Possible Scenarios:
1) Test and reject 4056 breakdown area for short opportunity
2) Market rotate between 4056 and 3913 to exhaust demand before being
able to resume downtrend
Weekly: Ave volume down bar close above middle = minor strength
Daily: Low vol up bar close off high = weakness
H4: Very high volume up bar close near low followed by high volume up bar
closing off high = weakness
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4874 4800 4740
4631 4584 4525
4433 4368 4303
4133 4056
3913-4000 (previous high demand area)
3870 3720
Remember to like and follow if you find this useful.
Have a profitable trading week.
#ES_F 5.13.22 OverviewYesterday we tested midpoint of the current range we are in on the daily, so far was a look below and fail. End of the day rally buyers were able to bring the price towards the T+2 low for today. All the sellers were taken out lower and in Globex be broke into the T+2 range and over out 3931.75-3927.25 Key Resistance, this morning we hit our next Key Resistance level of 3976.50-4971.50 and T+2 half back. So far it was look above and come back in so at the open will be watching for us to test lower levels down to 3957.25-3953.25, and 394.25-3940.25 where we should start seeing buying response, if we break under that we can test our Key support T+2 low area down to 3931.75-3927.25 but ideally we should see buyers step in before that if we will go higher today. If Key support holds and we can see a trip back over 3976.50-3971.50 and test the upper levels of that value zone, which are 3994.50-3988.75, 4012.50-4008.75 where we should see sellers because there is supply above, if we get through that then can test next Key Resistance of 4030.75-4025.25 and also the T+2 high area. Have to be patience we are in a market with supply, have to let things set up and show the way around important levels and not get caught up in the chop.
Is a Reversal Near for Stocks??Stocks have continued their decline, set to end the week deeply in the red. We have completely given up the 4K's, extending down to our level at 3867 or so. We are currently seeing a small bounce from these lows, but have yet to test 4K again, which should provide resistance. If we keep it up, we may test 4009 or 4068. The Kovach OBV is still extremely bearish, so use caution. It might be a good idea to start accumulating a long position, just be wary of the fact that we may press lower. If the selloff resumes, we should find support from lows at 3867, then 3848 and 3825.
SXP 500 index: 3850 - 3780 May bottomToday we are here to talk about the SXP 500 index.
Today: The index is trading at 3935. The market went down sharply in the last trading session. Since there is no profit fixation in the market for players, this tells me that the stop of this fall will be at the level of 38 00 - 37 80
What's on the market now:
Globally, the index goes to 3850, which I mentioned earlier, but since the movement occurs with a small rollback, I expect an acceleration of the fall and a market bottom in the region of 38 00 - 37 80
What are we waiting for today:
Continuation of movement to the level of 3850 - 3780
What I recommend:
If you want to go short:
It is better to open short positions from the level of 4000, limit your losses.
If you want to buy:
Long positions are possible below 3850 - 3780, limit your losses.
If you outside the market:
You can sell from 4000 or wait until the market bottoms around 3850-3780.
If you want to ask a question about an idea:
If you'd like more information, please contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice.
Like and subscribe, thanks!
See you next time.
The S&P 500 Digs into the 3K's!!Stocks have continued their decline, for the fourth day this week. This week has been abysmal for virtually all risk-on assets. We have solidly given up the 4K's, which we noted was likely to happen if 4009 was breached. We appeared to see some stability as we tested 3978 and 3963 twice, but the selloff reinvigorated, and we smashed through these levels with ease. We appear to be getting some support at the moment from 3909, the last level in the 3900 handle. If that does not hold, we will break into the 3800 handle with 3887 and 3867 the first levels of support if we plummet further. Both Kovach momentum indicators are deeply bearish, and registering oversold conditions. A relief rally is reasonable at this point, but we will likely find resistance at 4009 with 4068 a likely ceiling for now.
Have Stocks Found a Bottom??Stocks found support at 3963, once again testing the 3K handle. The S&P 500 seems to be dipping into the 3K's with increased confidence. It is reasonable at this point for stocks to take a breather and mave a sideways correction or relief rally. The Kovach OBV has turned south but does appear to be curving over. If we are to see a rally, potential targets are 4009, 4068 and 4122. If the selloff continues, then 3937, 3928 and 3909 should provide support.
SXP 500 index: SXP 500 index: Profit-taking from shorts today?Today we are here to talk about the SXP 500 index.
Today: The index is trading at 3991. In the last trading session, the market went down sharply, as we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the index goes to 3850. And I expect it to be at that level around May 18-21.
What are we waiting for today:
Today we are waiting for an attempt to stabilize the price caused by profit-taking, its movement to the level of 40 80 - 41 00, and then we expect a sharp movement to the level of 3850.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 4080 - 4100, limit your losses.
If you want to buy:
Longs possible below 3850, limit your losses.
If you are in cache:
You can sell from 4100 or wait until the market bottoms around 3850-3780.
If you want to ask a question about an idea:
If you would like more information, please contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice.
Like and subscribe, thanks!
See you next time.
Stocks MELT DOWN!! S&P 500 Breaks 4000!!Stocks broke down hard yesterday, as virtually all risk-on assets were sold-off. We smashed through 4122, 4068, and as we mentioned in the last reports, 4009 was the last level of the 4K's. This gave way, and we were able to test the high 3K's before finding support at 3978. We finally saw a small pivot from this level and have regained the 4K's, currently wavering in the vacuum zone between 4009 and 4068. The latter will provide resistance, then 4122 and 4144. It will take a sharp buyback to break all these levels and regain the 4200's. From below, 3978 should provide support, but after that, 3963, 3937, and 3928 are the next targets if it fails to hold.
One of the severest declines the market has ever gone through.Today we are here to talk about the SXP500 index.
Today: The index is trading at 41 23. And in the last trading session, we saw the price stabilize. However, the market is moving towards the level of 3850
What's on the market now:
As I said earlier, there is a negative mood in the market globally and now the market is moving to a local bottom in the 3850 area.
What today::
We expect a sharp move towards 3850.
What I recommend:
If you want to open short:
I continue to recommend that you open shorts around 4250. But if you would like to avoid risk, short above 4335 seems to me the safest.
However, the most speculative players can open short the market on pullbacks while limiting your risk.
If you want to buy:
I strongly recommend not to buy yet due to the possibility of a sharp correction to 3850.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
Like it and subscribe, thanks!
See you next time.
A Bearish Start to the Trading Week for Stocks 🐻📉Stocks sold off sharply at the beginning of the APAC session, which is not a good omen for the upcoming week. We are back at relative lows again at 4068 and appear to be looking to test lower. A small wick has broken through this level, and we are not seeing any hints of a buy-back from these lows. The Kovach OBV does appear to be diverging from the price, but it would be highly risky to catch this knife now. If we continue to fall, we have a vacuum zone to 4009, which is the last technical level in the 4000's. If we do bounce from current levels, then 4122 and 4144 will provide resistance.
ES1! SPX500USD 2022 MAY 08 Week
ES1! SPX500USD 2022 MAY 08 Week
Last week Scenario1 test of breakdown and target of 4135 reached.
*3913 - 4000 = previous significant demand area.
Down channel with extension of supply area mapped out.
Daily and Weekly showed minor strength, so there could be a test of the higher
levels first (retracement) as supply is temporarily exhausted.
short on retracement is preferred,
Scenarios:
1) if 4133 is supported, market may attempt Test zone 4303 for a short opportunity
2) If price rotates between 4133 and 4056, prefer to stay out
Weekly: Ave volume down bar closing off low and shortening of low = minor strength
Daily: Ave vol down close above mid of bar followed by ave vol down bar with
narrower range closing above mid of bar = minor strength
H4: Ultra high vol up bar closing off high followed by weak close up bar = weakness
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4874 4800 4740
4631 4584 4525
4433 4368 4303
4133 4056 *3913-4000
Remember to like and follow if you find this useful.
Have a profitable trading week.
$422.0 by May 11 - Long SpySPY is currently forming a common W pattern, which occurs more often in the midst of a bear market or a transitory stage of the market. Its also currently trading within a wedge on the hourly chart pictured below.
See also the 15 minute chart, and the wedge it may break soon.
The chart indicates multiple bullish influences, and I will be long SPY this upcoming week.
Stocks Cling to SupportAs we anticipated here, stocks could do little to break 4306, which provided prohibitive resistance. The S&P 500 swiftly rejected this level and retraced almost the entire move from the pivot from 4068. We did find support at 4122, a level which dedicated readers will recognize well, confirmed by two green triangles on the KRI. However, we seem to be seeing a bear flag type pattern forming at this level, and if support gives, then 4068 is the next target. Watch the vacuum zone down to 4009, which is the last technical level in the 4000's. If we somehow muster a rally, we must first break through 4306 before we can consider higher levels.
The Fed's decision makes adjustments but doesn't change plans.Today we are here to talk about the SXP 500 index.
Today: The index is trading at 4300. In the last trading session, we saw a sharp move up, due to the decision of the US Federal Reserve. Although I could imagine something like this. And yet it was very powerful. Link to idea below.
What's on the market now:
Now the market is experiencing growth caused by the decision of the Fed. And I think the peak of growth will be around 4350.
What are we waiting for today:
Today the price may rise to 43 35 on positive news from the FRS and continue its correction from there.
What I recommend:
If you want to open short:
Open short positions above 43 35, limit your losses.
If you want to buy:
From Long positions are possible with rollbacks 42 25, limit your losses.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Like it and subscribe, thanks!
See you next time.
What the FOMC Means for StocksStocks rallied despite a Fed hike of 0.5%, the largest hike since 2008. The economic conditions between that time period and now are similar, so keep that in mind for long term investing. We anticipated a rally yesterday, as the hike was fully priced in. Exactly as we predicted yesterday, the S&P 500 is seeing resistance from a relative high at 4306. The Kovach OBV has jumped with the rally, but is leveling off at current levels. We will see if we can muster the strength for another rally. If so, 4364 should provide resistance as it is a relative low. We should have support around 4188, roughly the midpoint of the current range, but if we fall further, we could test lows at 4122 or 4068 as an absolute min. Recall that if we break 4068, there is a vacuum zone to 4009, at the base of the 4K handle.
Stocks Await the FOMCAfter pivoting off new relative lows at 4068, stocks were able to maintain the 4180's. We are seeing strong resistance here confirmed by red triangles on the KRI. We have two levels at 4178 and 4188 that are proving difficult for stocks to break through. The stock market is clearly looking for guidance from the Fed at 14:30 EST, so we do not expect much action before then. There is a lot of uncertainty in the markets and this may provide much needed clarity. If we see a rally, then 4306 would be the target to the upside and should provide resistance. If we selloff again, then lows at 4068 should provide support. However, keep in mind there is a vacuum zone to 4009, which is the final technical level in the 4000's.
New Lows for Stocks!! What's Next??As predicted yesterday, stocks dipped further, breaking support at 4122. We mentioned that this was a bad sign for stocks as there is a vacuum zone down to 4068. This is exactly the level the S&P 500 subsequently tested after breaking down. Luckily for our portfolios, we did see great support at 4068, but new lows is never a good sign. After testing 4068, we were then bought back up above 4144, but remain bounded by 4178. The Kovach OBV is still very bearish despite a small uptick from the pivot from 4068. It is reasonable to expect some ranging, but if the selloff continues we must break through support at 4068, then 4009 is the next target, and last technical level in the 4K's. If we are able to somehow breakout, we expect 4306 to be a ceiling for now.