#Retest Trading Strategies

[starseedfxofficial]

Rising Wedge & Capital Allocation: The Secrets Only Experts Know Trading isn’t just about numbers and charts; it’s about strategy, psychology, and a sprinkle of humor to keep your sanity intact. Let’s decode the mysteries of the rising wedge and capital allocation, two key elements that could either boost your trading game or leave you wondering if you should have just stuck with Netflix. The Rising Wedge: What It Says About Market Drama Imagine a soap opera where two characters are on a collision course, and the tension rises until—bam!—a dramatic breakup. That’s your rising wedge in the Forex world. Prices ascend in a narrowing range, signaling impending drama. - What Makes It Dangerous? A rising wedge is like overconfidence before a bad karaoke night—things are about to go south. This pattern often precedes a bearish breakout, making it a trader’s early warning system. - How to Spot It? Look for: - Higher highs and higher lows converging. - Decreasing volume (the market’s version of people leaving the room before the climax). - Elite Tactic: Confirm the breakout before acting. Jumping the gun is the Forex equivalent of proposing on a first date—risky and likely to backfire. Capital Allocation: The Silent Hero of Forex Success Capital allocation is the backbone of every successful trader’s strategy. Think of it as packing for a trip—overpacking is a mess; underpacking leaves you unprepared. - The 80/20 Rule of Allocation Reserve 80% of your capital for trades with high confidence and 20% for experimental strategies. This keeps you grounded while still leaving room for innovation. - Avoid Overleveraging Using too much leverage is like eating too much spicy food—it’s thrilling until it’s not. Stick to a leverage ratio that doesn’t give you sleepless nights. - Advanced Tip: Treat each trade like a business decision. Ask yourself, “Would I bet my Netflix subscription on this?” Hidden Patterns That Drive the Market A rising wedge often correlates with market psychology. It’s not just about the chart—it’s about fear and greed in action. When traders overbuy during a rising wedge, it’s a sign of impending exhaustion. - Contrarian Perspective: While everyone is eyeing the breakout, smart money waits for the retest. This is where the magic happens—traders who master this patience often outperform the rest. Case Study: From Rookie to Rising Wedge Whisperer A trader named Sarah once spotted a perfect rising wedge on EUR/USD but hesitated. By waiting for confirmation, she entered after the breakout and capitalized on a 120-pip move. Her secret? Strict capital allocation and ignoring the FOMO (fear of missing out). Proven Techniques to Nail Rising Wedges and Capital Allocation - Analyze Volume Trends: A declining volume is a telltale sign of a rising wedge nearing its end. Use tools like the OBV (On-Balance Volume) to confirm. - Set Conservative Stop-Losses: Place your stop-loss just outside the wedge to avoid false breakouts. Think of it as a safety net for your capital. - Backtest Strategies: Test rising wedge scenarios with historical data. This will give you the confidence to trade without second-guessing yourself. - Diversify Trades: Don’t allocate all your capital to one strategy. Use 70% for proven methods, 20% for medium-risk trades, and 10% for moonshots. Game-Changing Insights You Won’t Find Anywhere Else - Use Heiken Ashi Candles: These smooth out market noise, making rising wedges easier to spot. - Focus on High Volatility Pairs: Rising wedges on pairs like GBP/JPY often yield larger movements. - Pair Patterns with Indicators: Combine RSI or MACD with rising wedges for higher accuracy. Wrap-Up: Why Most Traders Get It Wrong The truth about Forex trading is simple—most traders chase the obvious. The rising wedge and capital allocation techniques shared here give you a unique edge. They’re not just strategies; they’re a mindset shift. Embrace them, and you’ll outsmart 90% of the market. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[asj-ventures]

Mastering the Continuation of a Breakout

A breakout is just the beginning—what happens next defines your trading strategy's success! The continuation of a breakout offers golden opportunities for traders who can read the signals right.

📊 Key Features of a Breakout Continuation:

Sustained Momentum: Watch for strong volume backing the price movement. Higher Highs & Higher Lows: A clear sign that the trend is intact. Retest of Support or Resistance: Confirmation of the breakout level as a new support/resistance adds strength to the trend. Market Sentiment: Positive news or strong fundamentals often fuel breakout continuations.

💡 Pro Tips for Trading Breakout Continuations:

Use tools like moving averages or RSI to confirm the trend’s strength. Keep an eye on volume—low volume can signal a potential reversal. Set clear stop-loss levels to manage risks effectively.

Remember, patience is key. Let the market reveal its intentions, and ride the wave of a well-confirmed breakout continuation to maximize your gains.

#BreakoutTrading#StockMarketTips#TradingStrategies#TrendAnalysis#ASJVentures#TradeSmart#StockMarketEducation

[harbourfronttechnologies]

Does Trend Following Still Work on Single-Name Stocks? Updated Results

Does Trend Following Still Work on Single-Name Stocks? Updated Results In a paper published in 2005, Wilcox et al. [1] showed that trend following worked on single-name stocks. Twenty years later, they retested the methodology using new, survivorship bias-free data [2]. Basically, the trading system works as follows: Entry: If, at the close of day t, a stock meets the price and liquidity filters, and its closing price equals or exceeds the highest adjusted close in its history, a buy order is placed at the open on day t + 1. Exit: At the close of day t, a trailing stop level is calculated using the Average True Range (ATR). This trailing stop is updated daily but never lowered. If, at the close of day t, the stock’s price falls below the trailing stop level, a sell order is executed at the open on day t + 1. The authors pointed out, This study highlights the sustained potential of long-only trend-following strategies applied to U.S. equities, building on and extending the foundational research of Wilcox and Crittenden [1]. By analyzing over 75 years of data and more than 66,000 trades, the paper confirms the profitability of trend-following systems, driven by a small number of outsized winners that compensate for more frequent, smaller losses. The strategy’s ability to thrive in various market conditions underscores its robustness, even in the face of evolving market dynamics. In summary, even after 20 years, the original method remains profitable. However, under realistic conditions, transaction costs made it impractical, particularly for small accounts. To address this issue, the authors implemented a cost-saving mechanism to manage transaction costs. As a result, after accounting for transaction costs, small accounts became more profitable. …While the theoretical model demonstrates exceptional performance, with a compound annual growth rate (CAGR) of 15.02%, an annualized alpha of 6.19%, and a maximum drawdown of 31.75%, the practical implementation of this strategy is challenged by high turnover and transaction costs. These obstacles, particularly impactful for smaller portfolios, were addressed by introducing a Turnover Control mechanism, which significantly enhances cost-efficiency and ensures alignment with theoretical results. We believe the results are commendable, but we note a highly skewed profit distribution, with less than 7% of trades driving cumulative profitability. This makes it challenging for a small account to select the right stocks to trade profitably. Let us know what you think in the comments below or in the discussion forum. References [1] C. Wilcox, & E. Crittenden, Does Trend-Following Work on Stocks? The Technical Analyst, 14, 1-19, 2005 [2] Zarattini, Carlo and Pagani, Alberto and Wilcox, Cole, Does Trend-Following Still Work on Stocks? 2025. https://ift.tt/qcWgTjU Originally Published Here: Does Trend Following Still Work on Single-Name Stocks? Updated Results via Harbourfront Technologies - Feed https://ift.tt/rEIjGly January 19, 2025 at 08:23PM

[blockinsider]

Metaplanet Bolsters Bitcoin Approach Amidst BTC Downturn Under $96k

Key Points

Japanese company Metaplanet Inc has increased its Bitcoin holdings to boost its balance sheet and stock market performance.

The company’s Bitcoin strategy, similar to MicroStrategy Inc, is in response to growing institutional demand for Bitcoin.

Metaplanet Inc, a Japanese firm that runs a hotel, has purchased additional Bitcoin units to bolster its balance sheet and stock market performance. On December 23, the firm announced the acquisition of an extra 619.7 Bitcoins, bringing its total holdings to approximately 1,761.98 BTC, valued at over ¥20 billion.

The company emphasized that its Bitcoin treasury operations have continually enhanced its stock market performance. Between July 1, 2024, and September 30, 2024, the firm’s Bitcoin yield was 41.7 percent, and from October 1, 2024, to December 23, 2024, it was 309.82 percent.

Metaplanet’s Bitcoin Strategy

As a result of this strategy, Metaplanet’s stock market has surged more than 20x year-to-date to trade at around ¥3,540. The Bitcoin-focused company’s valuation has risen to nearly ¥130 billion, despite not having a major product on the market.

Metaplanet has been leveraging the global capital market to strengthen its Bitcoin strategy, similar to MicroStrategy Inc. The OTC Markets Group Inc recently listed Metaplanet’s stock market under the ticker MTPLF, allowing the company to sell more of its shares globally to buy more Bitcoins.

Earlier this year, Metaplanet announced a 10-for-1 share consolidation to enhance its liquidity. This move is in response to the growing demand for Bitcoin, which has increased significantly since last month’s victory of Donald Trump and other pro-crypto leaders in the United States.

Institutional Demand for Bitcoin

According to Coinglass’ on-chain data analysis, the supply of Bitcoin on centralized exchanges has dropped by over 200K in the past two months, standing at about 2.24 million. Institutional investors, led by Metaplanet and MicroStrategy, have continued to buy Bitcoin, and US spot Bitcoin ETFs have also been a significant source of cash inflows.

Market data shows that US spot Bitcoin ETFs have amassed Bitcoins worth over $109 billion in less than a year, led by BlackRock’s IBIT. Meanwhile, despite a recent deal with the IMF for a $1.4 billion loan, El Salvador has stepped up its Bitcoin purchase program.

After falling below the psychological target of around $100K, the BTC price has been retesting a crucial support range between $93,806 and $97,041. From a technical analysis perspective, the flagship coin must bounce back above the support level of around $93k to avoid a potential selloff towards $70K.

Crypto analyst Ali Martinez predicts that the Bitcoin price is gearing up for a new bullish rebound beyond $168K.

[forexgold28]

GOLD (#XAUUSD):- H4 TIME FRAME

MY EXPECTATION FOR FRIDAY CLOSING. 📉📉

It's Month-end candle + Weekly closing + Black Friday Sale

My bias is on the selling side from the current market price zone.

Which is a High to low - 50% retracement area of 2663.

Below this level sell on rise strategy should be followed to retest the Intraday support zones 2655-2633.

A strong rising Trendline is visible on the charts, supporting the bulls. A break below That Trendline could push Fresh selling in the market to retest the Lows of this month.

Trade carefully and watch closely.

[coineagle]

Crucial Analysis: Why Bitcoin Needs to Maintain Its Stand Above $60,600

Key Points

Bitcoin’s recent price volatility resulted in total liquidations worth over $107 million.

Analysts suggest that Bitcoin must remain above $60,600 to maintain a potential upward trajectory.

Since the beginning of October, Bitcoin has experienced significant price changes. The cryptocurrency has reached a high of $66,500 and a low of $58,800. The latter was a price point reached less than a day ago.

The descent below $60,000 had a substantial impact on Bitcoin holders, resulting in over $107 million in forced liquidations.

Market Predictions and Sentiments

The increased volatility and current market conditions have led to queries about Bitcoin’s future direction. Crypto analysts like Rekt Capital have suggested that for Bitcoin to have a potential upside, it must maintain a level above $60,600.

RektCapital, in his analysis, proposed that Bitcoin is retesting the weekly re-accumulation range of $60,600 as support for the second week in a row.

According to this analysis, if Bitcoin closes above this level on the weekly charts, it will record an uptrend. Therefore, to have any potential upside in the near future, Bitcoin must maintain this range to set the price for further increases.

Market Fundamentals

At the time of writing, Bitcoin was trading at $60,573, marking a 0.58% decline on the daily charts and a 1.01% dip on the weekly charts.

Bitcoin’s Large holders inflow has increased over the past few days from 560.95 to 8.59k. This suggests that investors are buying the dip and taking long positions, anticipating prices to rise in the near future.

Bitcoin’s fund flow ratio also rose from a low of 0.032 to 0.077, indicating higher buying pressure as investors are depositing funds to buy Bitcoin. This is typically associated with bullish market sentiment.

Bitcoin’s Exchange reserve has been declining over the past month, suggesting a long-term holding strategy as investors are less likely to sell their Bitcoin in the short term. This is generally seen as a bullish signal as it reduces supply on exchanges, decreasing potential selling pressure.

If the positive market sentiment continues, Bitcoin could reclaim the $61,875 resistance level. If it fails to maintain this level, Bitcoin could fall to $58,272.

[stockmarketanalysis]

Mastering Breakout Trading Strategies: A Comprehensive Guide

Breakout trading is a popular strategy employed by traders across various financial markets, from stocks and currencies to commodities and cryptocurrencies. The essence of breakout trading lies in capturing significant price movements that occur when an asset's price breaks out of a predefined range or pattern. In this comprehensive guide, we delve into the intricacies of breakout trading, exploring its principles, techniques, and practical applications for traders seeking to capitalize on market volatility and momentum.

Understanding Breakout Trading

Breakout trading revolves around the concept of identifying key levels of support and resistance, beyond which price tends to accelerate in a particular direction. These levels can manifest in various forms, including horizontal support/resistance lines, trendlines, chart patterns (such as triangles, rectangles, and wedges), or volatility-based indicators like Bollinger Bands. When prices break above resistance or below support, it signals a potential shift in market sentiment, triggering a surge in buying or selling activity.

Principles of Breakout Trading

Identification of Breakout Levels: The first step in breakout trading is identifying potential breakout levels based on historical price data and technical analysis. Traders look for areas where price has repeatedly failed to breach resistance or support levels, indicating the presence of significant buying or selling pressure.

Confirmation Signals: Breakout traders often wait for confirmation before entering positions. This confirmation can come in the form of a strong candlestick close above resistance or below support, accompanied by high trading volume, indicating conviction among market participants.

Risk Management: Effective risk management is crucial in breakout trading to mitigate potential losses. Traders typically place stop-loss orders below support or above resistance levels to limit downside risk in case of a false breakout.

Target Setting: Breakout traders set profit targets based on the magnitude of the breakout and the potential for further price movement. Some traders use technical analysis tools like Fibonacci retracements or extensions to identify potential price targets.

Types of Breakouts

Breakouts can be classified into several types based on the nature of the price movement and the underlying market conditions:

Continuation Breakouts: These occur within the context of an existing trend and signify a resumption of the prevailing trend. Traders look for price to break out in the direction of the trend, confirming its strength and momentum.

Reversal Breakouts: Reversal breakouts occur when price breaks out of a consolidation phase or a reversal pattern, signaling a potential reversal in trend direction. Traders anticipate a change in market sentiment and position themselves accordingly.

Volatility Breakouts: Volatility breakouts occur when price breaks out of a period of low volatility, indicating a potential expansion in price movement. Traders capitalize on increased volatility to capture short-term price swings.

Breakout Trading Strategies

Traders employ various strategies to capitalize on breakout opportunities, depending on their trading style, risk tolerance, and market conditions. Here are some common breakout trading strategies:

Classic Breakout Strategy: This strategy involves entering positions when price breaks out above resistance or below support levels. Traders wait for confirmation and then enter long or short positions, with stop-loss orders placed to manage risk.

Pullback Breakout Strategy: In this strategy, traders wait for a pullback or retracement after a breakout before entering positions. The pullback provides an opportunity to enter at a better price, with tighter stop-loss levels.

Breakout Retest Strategy: Traders wait for price to break out of a key level and then retest the breakout level as support or resistance. They enter positions on the retest, with stop-loss orders placed below support or above resistance.

Breakout with Volume Strategy: This strategy involves monitoring trading volume to confirm the validity of breakouts. Traders look for breakouts accompanied by above-average volume, indicating strong buying or selling interest.

Real-World Examples

To illustrate breakout trading in action, let's consider a couple of real-world examples:

Stock ABC: After consolidating in a tight range for several weeks, Stock ABC breaks out above resistance with a strong bullish candle and high trading volume. Traders who enter long positions on the breakout capitalize on the subsequent uptrend.

Currency Pair XYZ: In a downtrending currency pair XYZ, price breaks below a key support level with a sharp bearish candle and increased trading volume. Traders who enter short positions on the breakout profit from the continuation of the downtrend.

Conclusion

Breakout trading is a versatile strategy that allows traders to capitalize on significant price movements in the market. By identifying key levels of support and resistance and waiting for confirmation signals, breakout traders can position themselves to profit from market volatility and momentum. However, breakout trading is not without risks, and false breakouts can lead to losses if proper risk management techniques are not employed. With a deep understanding of breakout trading principles, strategies, and risk management techniques, traders can enhance their trading proficiency and achieve their financial goals in the dynamic world of financial markets.

[ontauthority]

the Best Swing Trading Strategies & How to Find Them

Hint:  to Find the the Best Swing Trading Strategies - Contact Us And We'll Speed up the process

Research and Backtest Thoroughly  As a trading genius, rigorous research is key. Spend time exploring various swing strategies and backtesting them over different time periods, markets and securities. This is the only way to truly gauge a strategy's historical effectiveness. Look at quantitative metrics like average win percentage, risk:reward, profit factor and drawdown.     Consider Capital Efficiency  Not all strategies are created equal. Favor those with optimal capital usage allowing adequate diversification. Strategies requiring large position sizes to be profitable often falter when scaled. Geniuses seek high reward-to-risk trades requiring minimal investment per position.  Evaluate Psychological Alignment  The best strategy means nothing if it doesn't suit your mindset. Ask which strategies fit your schedule, allow sufficient oversight, and don't tempt you to overtrade. As a genius, psychology is just as important as performance metrics.   Focus on Price Action Patterns  Rather than indicators or theories, look for strategies profiting from recognizable patterns in price behavior. Things like trend continuation plays, range breaks, retests and reversals off support/resistance have stood the test of time.   Incorporate Confirmation Factors    While patterns provide entries, it's wise to require extra assurances through secondary factors before risking capital. Look for strategies using volume spikes, momentum divergences or candlestick formations to confirm pattern setups are high probability.  Adopt Flexible Rules and Plans   Rigid systems often fail during infrequent scenarios not part of the core study. As a genius, ensure your strategies employ zone-based take profits, intelligent stop placement and reentry conditions calibrated for different market moods. Proceed methodically but flexibly.  Always consider your edge, risk controls, capacity for patience and discipline when choosing strategies as a elite trader. Favor those aligning all the factors for long-term wealth generation. Remember - perfection is the enemy, doable excellence is the goal.  And use the Best Swing Trading Strategies! Contact us if you require any clarification or have additional swing trading questions!  See more info here: https://onlinetradingauthority.com/swing-trading/   Read the full article

[signode-blog]

Trading Strategies for the Broadening Top Pattern

Understanding the Broadening Top Pattern The Broadening Top Pattern, also referred to as the megaphone pattern, is a classic chart formation that signifies increasing volatility and indecision in the market. This pattern is characterized by a series of higher highs and lower lows, creating a structure that resembles an expanding triangle or a megaphone. Traders often observe this formation…

[starseedfxofficial]

Mastering Swing Trading with the Cup and Handle Pattern: Insider Secrets Revealed Imagine stumbling upon a treasure map, but instead of "X" marking the spot, it's a perfectly formed cup and handle pattern on your trading chart. Combine this with the precision of swing trading, and you've got a strategy as effective as a cheat code in a video game. Let's dive into this elite tactic and uncover hidden gems that will give you a market advantage. The Cup and Handle Pattern: A Trader’s Best Friend This pattern isn’t just aesthetically pleasing—it’s a powerhouse for identifying profitable setups. Here’s what makes it special: - The Cup: Think of a shallow coffee cup, not your grandma’s overly ornate teacup. The curve represents a gradual decline followed by a smooth recovery, reflecting market consolidation. - The Handle: A brief pause or dip that signals indecisive traders. This is where the real magic happens. Pro Tip: If the handle dips more than 50% of the cup’s depth, it might be a cracked cup—tread carefully! Why Most Traders Miss the Cup and Handle Setup The cup and handle isn’t hard to spot, but executing it requires a ninja-like approach: - Patience Is Key: Most traders get impatient and jump in during the cup formation, only to watch the market turn against them. - Volume Confusion: During the handle, volume often dries up. This silence isn’t a red flag—it’s the market gathering its breath before a sprint. Humor break: Missing the breakout is like arriving at a party after the cake is gone. Don’t be that person! Swing Trading: The Secret Sauce Swing trading complements the cup and handle beautifully. Here’s why: - Perfect Timing: Swing trading thrives on catching the middle of market movements, and the cup and handle offers the perfect roadmap. - Risk-Reward Ratio: The pattern provides clear entry and exit points, allowing for excellent risk management. Advanced Tactics for the Cup and Handle 1. The Retest Strategy When the handle breaks out, wait for the price to retest the breakout point. This confirmation can improve your win rate dramatically. Analogy: Think of this as a second date—it’s your chance to see if the market is truly interested or just playing games. 2. Multiple Timeframe Analysis Check higher timeframes (e.g., daily or weekly charts) to ensure the pattern aligns with the broader trend. 3. Volume Divergence During the cup formation, look for decreasing volume, followed by a volume surge during the breakout. Case Study: EUR/USD Swing Trade Success In 2023, EUR/USD formed a textbook cup and handle pattern on the 4-hour chart. After the handle breakout, traders who waited for a retest entered at 1.0650, setting a stop-loss at 1.0600. The pair surged to 1.0750, yielding a 2:1 risk-reward ratio. Common Myths About the Cup and Handle - Myth: It only works in bullish markets. Truth: The inverted cup and handle works just as well in bearish trends. - Myth: It guarantees profits. Truth: No pattern guarantees anything without proper risk management. Conclusion Swing trading with the cup and handle pattern is like having a compass in a maze. It combines precision, patience, and profitability. Apply these insights, and you’re not just trading—you’re leveling up. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[bitcoincables]

Bitcoin Faces Resistance as Price Drops: Market Sentiment Split

Bitcoin (BTC) faced a potential breakdown from its recent trading range as resistance held strong at the Wall Street open on Feb. 21. Despite reaching new highs of $53,000, immediate selling pressure pushed the price to retest low levels of the past week. Traders and analysts are divided on the market sentiment, with some expressing concern over the current sell-side pressure while others remain cautiously optimistic.

Factors such as the fair value gap, Fibonacci retracement levels, and upcoming earnings reports from tech companies like Nvidia are expected to influence Bitcoin's price movements in the near future. While some traders believe in the potential for a market recovery, others warn of possible volatility ahead due to various market conditions and external factors. It's essential for market participants to closely monitor these developments and adjust their trading strategies accordingly to navigate the current market uncertainty.

For more information on this Bitcoin price drop and insights into Bitcoin whales and Nvidia's impact, you can read the original article here.

Related Hashtags: #Bitcoin, #Cryptocurrency, #BitcoinPrice, #Nvidia

[dominicwalshtrader]

GBPNZD: Preparing For a Bearish Wave 🇬🇧🇳🇿

Have a look at that bearish imbalance that was formed on 📉GBPNZD on a daily time frame on Friday.

With one single bearish candle, the price violated a neckline of a descending triangle formation and a key horizontal support.

The market is retesting the broken structures at the moment. I believe that a fall will initiate soon.

Next support - 2.0372 ————————— Daily time frame

[alwaysrise079]

best online stock market classes

Introduction:- Rise Excellence Academy stands out as a leader in providing the Best Online Stock Market Classes. With a commitment to empowering individuals with financial knowledge and investment skills, the academy offers a comprehensive range of courses designed to cater to both beginners and seasoned investors. These online classes cover diverse aspects of stock market trading and investment strategies, delivered by experienced professionals. Rise Excellence Academy's student-focused approach, combined with expert guidance, ensures that participants gain the confidence and expertise needed to navigate the complexities of the stock market successfully. Joining their classes is a strategic step towards mastering stock market dynamics and achieving financial excellence.

Program

Essentials of Fundamental Analysis

Introduction to fundamental analysis and its role in investment decisions

Analyzing financial statements to evaluate company performance

Researching industries and assessing market dynamics

Valuation models like DCF and comparables to determine intrinsic value

Evaluating management and corporate governance quality

Macroeconomic analysis of economic trends and monetary policy

Identifying investment risks and applying margin of safety

Sector-specific analysis techniques

Evaluating mergers, spin-offs and other events

Real world case studies of successful fundamental analysis

Incorporating insights into investment and portfolio decisions

This comprehensive curriculum covers core concepts and practical applications of fundamental analysis. Gain expertise in company valuation and developing investment strategies driven by in-depth business analysis.

Beginner’s Bootcamp

Comprehensive Stock Market Education Curriculum

Introduction to securities markets and key concepts

Evaluating and applying for IPOs

Roles of brokers, exchanges, regulators and other intermediaries

Selecting brokers and understanding contract notes

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Analyzing indices like Nifty and Sensex

Factors in stock selection - market cap, liquidity etc.

Impact of bulk deals and block deals

Tracking portfolios of top investors

Using pivot points in technical analysis

Chart-Master:-

Essentials of Technical Analysis

Introduction to technical analysis and how it works

Understanding the role of supply/demand and sentiment

Chart reading skills for various timeframes

Identifying trends and reversals

Retesting trends and support/resistance

Dow Theory principles

Applying gap and price pattern analysis

[suguru342208]

Unlocking the Art of Entry Triggers: Precision in Timing Your Trades

In the dynamic world of trading, understanding when to enter a trade can be as critical as choosing the right trade itself. The art of entry triggers involves identifying specific price patterns or conditions that signify favorable moments to initiate a trade. This article delves into two widely-used entry trigger techniques: candlestick patterns and moving average breaks.

Candlestick Patterns: Illuminating Entry Opportunities

Candlestick patterns are powerful tools that traders use to decipher market sentiment and make informed trading decisions. These patterns are composed of four key data points: open, high, low, and close prices. Here, we explore how bullish and bearish reversal candlestick patterns can provide valuable entry triggers:

Bullish Reversal Candlestick Patterns

Bullish reversal patterns indicate a potential shift from bearish sentiment to bullish sentiment, signaling that buyers may be taking control. Two common bullish reversal patterns are the Hammer and Bullish Engulfing Pattern:

Hammer: Recognizable by its small or nonexistent upper shadow, the Hammer pattern occurs after a price decline. The lower shadow is significantly longer than the body, and the closing price is in the top quarter of the candle's range. This pattern suggests a rejection of lower prices and potential upward movement.

Bullish Engulfing Pattern: This two-candle pattern starts with a bearish candle followed by a bullish candle that engulfs the previous one. The bullish candle's body should entirely cover the bearish candle's body. It signifies a shift in sentiment from bearish to bullish, with buyers overpowering sellers.

Bearish Reversal Candlestick Patterns

Bearish reversal patterns, on the other hand, suggest a potential shift from bullish to bearish sentiment, indicating that sellers may be taking control. Two notable bearish reversal patterns are the Shooting Star and Bearish Engulfing Pattern:

Shooting Star: The Shooting Star pattern appears after an uptrend, featuring a small or nonexistent lower shadow, a long upper shadow, and a closing price in the bottom quarter of the candle's range. It indicates a rejection of higher prices and a potential reversal to the downside.

Bearish Engulfing Pattern: Similar to its bullish counterpart, the Bearish Engulfing Pattern consists of two candles. The first is bullish, followed by a bearish candle that completely engulfs the previous one. This pattern suggests a shift from bullish to bearish sentiment, with sellers gaining control.

Moving Average Break: Riding the Momentum Waves

The moving average indicator is a versatile tool used to identify trends and assess entry opportunities. It calculates the average price over a specific period and provides a valuable entry trigger when combined with other factors. Here's how to employ a moving average break as an entry trigger:

Trend Analysis: The first step in using a moving average break is to identify whether the market is trending. Traders often employ moving averages like the 50-period moving average.

Bounce Off the Moving Average: To trigger an entry, wait for the price to bounce off the moving average at least twice. This bounce signifies that the moving average is acting as dynamic support or resistance.

Entry Signal: Once you've observed multiple bounces off the moving average, you can use it as an area of value for your entry. For instance, if you're in an uptrend and the price retests the 50-period moving average, consider it an entry opportunity.

Customizing the Moving Average: While the 50-period moving average is a common choice, traders can customize the period to suit their preferences. A shorter period like 20 or a longer one like 100 can be used, depending on the trading strategy.

The Hybrid Approach: Combining Techniques for Precision

Traders often employ a hybrid approach to entry triggers by combining candlestick patterns and moving average breaks. This approach adds an extra layer of confirmation and precision to their entries. For example, traders might look for a Bullish Engulfing Pattern near a key moving average to trigger a buy entry.

Conclusion

Entry triggers are the gateway to successful trading. By mastering the art of identifying precise entry opportunities through candlestick patterns, moving average breaks, or a hybrid approach, traders can enhance their decision-making process and improve the overall profitability of their trades. These techniques empower traders to time their entries with precision, aligning their strategies with market sentiment and momentum.

For the best Forex VPS solutions, visit cheap-forex-vps.com to enhance your trading experience with top-notch virtual private servers tailored for forex trading.

[coineagle]

German MP Joana Cotar Suggests Alternatives to Bitcoin Trading

Key Points

German MP Joana Cotar has urged the government to reconsider its massive sell-offs of Bitcoin.

The ongoing BTC dump has resulted in the biggest liquidation since the FTX crisis.

German MP Joana Cotar has called on her government to rethink its decision to sell off its seized Bitcoin holdings. This comes as the cryptocurrency market takes a hit, with Bitcoin’s value dropping to $53K, the lowest it has been since February 2024.

The market downturn has been exacerbated by significant sell-side pressure from entities such as the German government. German authorities have been offloading a large amount of Bitcoin seized from the illegal streaming site Movie2k.to.

German Bitcoin Selling Sparks Controversy

The large-scale Bitcoin sell-off by the German government has sparked criticism. Cotar has been vocal in her disapproval, urging the government to rethink its strategy. She believes that holding Bitcoin could serve as a strategic reserve currency, providing the government with diversified state assets and long-term value preservation from currency devaluations and inflation.

Cotar advocates for a comprehensive Bitcoin strategy, including maintaining Bitcoin in the state treasury, issuing Bitcoin bonds, or creating a supportive regulatory environment. Her views are echoed by crypto market commentator Samson Mow, who described the government’s Bitcoin sell-off as the ‘peak of idiocracy’.

Impact on the Market

If the selling pressure continues, the Bitcoin dump could extend to the weekly order block and February consolidation zone of $52.9K—$50K. The extended retracement and retest of $53K have triggered massive liquidations, with nearly $700 million liquidated across the whole market in the past 24 hours. Bitcoin accounted for $226 million of these liquidations, with long positions suffering significant losses worth over $180 million. According to one market observer, this massive liquidation is the largest since the FTX saga in November 2022.

[ailtrahq]

Cosmos (ATOM) crypto price was on a downtrend, forming lower lows after facing strong rejection near the $10 psychological level. The cryptocurrency price formed a support at $8.21 during the middle of June and commenced a bullish rally.  The crypto market turned bullish during mid-June after a news release regarding BlackRock, one of the world’s largest investment management firms, filing for Bitcoin Spot ETF.  Atom price also witnessed a rally, rising above $10, but the bullish move was halted as the price faced rejection from $9.97. The price fell below $8.21 initial support and has recently formed a support at $6.35.  Cosmos again commenced a bullish rally from $6.35 but faced rejection from $7.52. The asset price retraced and currently formed support at 6.94.  The previous candle closed bullish, and the current candle has broken the high, headed toward the $7.52 resistance level. If bulls can push the price above $7.52, it might retest the previous zone, and support turned the resistance level of $8.21.  The market structure shows that there has been a strong confluence of bulls in the market since the middle of September. Cosmos Road Map For 2024 Cosmos has recently revealed its roadmap for 2024. Cosmos’ (ATOM) roadmap highlighted that the blockchain’s primary focus would be on five critical areas: developer experience, refining the go-to-market strategy, addressing technical challenges, user adoption, and modularity, which has turned Atom price bullish.  The market capitalization of Cosmos has increased by 1.34% to $2,685,858,521 at the time of writing. The 24-hour trading volume has declined by 15.25%. ATOM price is down 84.28% from the all-time high of $44.70 and up 521.31% from the all-time low of $1.13.  Will ATOM Price Continue Rising?  The cryptocurrency price has surged above 20-day exponential moving averages, suggesting a rise in bullish momentum. If the bullish momentum prevails, it will rise above the 50-day EMA. The Chaikin money flow score has risen below the 0 mark and currently trades at 0.0, implying neither weakness nor strength in the market.  The relative strength index has climbed above the 50 neutral mark and currently trades at 56.45, indicating a rise in the participation of bulls in the market. The long-short ratio is 0.96, with 49.12% longs and 50.88% shorts, indicating a slightly higher position from the selling side in the last 24 hours.  Conclusion Cosmos aims to solidify its position by attracting developers from competing platforms as they repay the “technical debt.” In app development, technical debt leads to extra work and can be caused by resource constraints and shifting code requirements. The roadmap for 2024 has turned Atom’s crypto price bullish. Technical Levels Support Levels: $6.94 and $6.35 Resistance Levels: $7.52 and $8.21