HOW TO: Find Sectors and Industries Breaking OutUsing the TradingView screener is a great way to find individual stocks that are breaking out, but how about looking for Sectors and Industries that are doing the same - breaking out - or even in a bubble.
TradingView allows us to do this very simply by BROWSING through Sectors and Industries and sorting them by performance. Super simple, super intuitive.
You can then sort stocks in the Industries you are interested in by their performance to see which ones are the market leaders in their particular industry and open and bookmark them for further analysis.
It's just a nice simple way to get a different view of what is happening in the market.
Community ideas
EDUCATION - SUPPORT & RESISTANCE Hello Traders,
Here i am highlighting what support and resistance is, also i go on to show you how i look at support & resistance and how it fits into my trade plan as a pattern trader.
I aim to simplify how a beginner looks at the market, and show them how to identify important areas within the market.
I hope you enjoy my content, if so please like and follow my channel.
Safe Trading.
How To Trail Stop Loss Effectively | Capture All day's ActionMaximise your Day Trading Profits 5X | Apply this trade management system to hold trades all day without much effort
In this video I'm going to share with you a trade management idea which would allow you to trade and hold the trade from the start to the end of the day trading session.
The Chart I'm using is US30 / DOW30. The Time frame for day trading would be the five minute chart.
The idea is to make entries on the 5 minute chart and then use a few swings to add on.
This can become part of your Trade Plan and you can apply to any time frame or symbol of your choice. It's a great way to maximise your profits using nothing but the data provided by the market itself.
Price Action is surely The King!!! I bow....
Dogecoin (DOGE) • Possible correction levels before 1$ Doge saw significant rise in derivatives toward the 1.3B open interest. We now seeing the necessary reset on funding rates which are currently normalised towards the baseline but surprisingly not bearish. That lack of bearishness is exactly what makes it look bearish. There isn't enough fear.
We take a look through what i think to be decent support ranges and mention some significant gaps in the doge marktcap chart.
The Dollar Smile Theory - Why The Dollar Moves The Way It Does.US Dollar Smile Theory in Forex indicates that US Dollar can strengthen both in good & bad market conditions.
There are times when you get to the market expecting to see the US dollar falling but to your surprise its making higher highs, showing no signs of slowing down.
Then you wonder, Why?
This was explained using a Dollar Smile Theory.
Stock To WatchThe Market has resumed its uptrend, but I still see growth names not fully participating. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 27 total stocks on this list. I add an additional 7 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Paying respect to W.D. Gann and his incredible workIt is no secret that W.D. Gann is my favorite trader of all time
His studies of the human community reacts to universal laws has created a life of abundance for us
If you are a nerd like I am, and you don't know about Gann's work...go out and do your research on him
Whilst you're at it, research our dear 'friend' Nikola Tesla
this hidden hero's have shaped humanity for the better
EUR/JPY, USD/JPY and USD/CAD on watch for me today.EUR/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/JPY:
• If price continues to correct between now and I'm awake to place the order then I'll be looking to get short with a reduced risk entry on the break of this tight one hour flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
USD/CAD:
• If price breaks the upper descending trend line of our most recent piece of structure, it does so impulsively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place this trade.
How to Color Grade your Charts & IndicatorsHello everyone, in this video we are going to talk about the possibilities to personalize your charts and therefore improve your own strategy (emotionally) and the attractiveness for other traders. Feel free to check out the previous two videos where were talking about trends, candlestick- and chart-patterns.
Cheers,
Ares
Basic understanding of Candlestick- and Chart-Patterns
How to scale your charts & use the right timeframe
STOP Doing This with Multiple Timeframe AnalysisThere is no right way to do something in trading... but there are wrong ways! I see new traders making this mistake with Multiple Timeframe Analysis and I want to point it out so that they can get better!
Check out my video where I first talked about Multiple Timeframe Analysis below (Two KEY trading concepts in one example)
Stock To WatchThe Market has resumed its uptrend, this week could be a choppy market. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 32 total stocks on this list. I add an additional 3 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
How to scale your charts & use the right timeframeHello everyone, this video is about one thing that i have been struggeling with in the beginning for my charting career. Choosing a proper timeframe and scale on your charts can be the key for being profitable in your trades. This is my first actual video idea so feel free to let me know what i can improve (the audio was kinda off, sorry :))
cheers,
Ares
In this Gold (XAUUSD) Trading Idea i was aiming for double bottom and placed my buy orders around the $1.680 area.
Use this chart to predict Altseason in the Crypto market. Use the BTC.D chart to see where capital is flowing in the Crypto market... Into Bitcoin? or out of Bitcoin and into Altcoins.
We are at a key decision point for the market right now so you can be a step ahead of the market if you are watching this chart in particular.
Watch this BEFORE taking Iron Condors! (IV Rank & Percentile)Iron Condors have been the buzz lately on my social media. People have discovered or re-discovered them because they are WORKING now! But should traders keep using them without knowing WHY they are working? If you are getting into Iron Condors you MUST watch this to understand the key metrics professional options sellers look at when placing their trades.
Tradingview cut me off at 20 minutes but I got the info in!
Stocks to Watch Relative Strength Edition The Market is pulling back and might be trying to put in a bottom, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 28 total stocks on this list. I add an additional 1 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
An Investment Masterclass, Part 3.Thanks again for watching. Let me know if you have any questions in the commnents!
It's important to mention - people talk about "moat" for this exact reason - it's to determine how long the company's net income will be stable in the face of margin-reducing competition. It's also why anticompetitive companies are more expensive, like I alluded to with google in the first video.
Hopefully you can also see in this video exactly *how* the market is forward looking. When people trade stocks you can literally see the math of how people are expecting the future to play out. Thinking something will grow is NOT ENOUGH to consider something an investment. It may already be "priced in".
Here's Part 1:
Here's Part 2:
EUR/JPY, AUD/JPY, EUR/AUD and USD/CHF on watch for me today.EUR/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
AUD/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price only pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/AUD:
• If price pushes down to and ideally just below our lower trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the fifteen minute or the one hour chart.
• If price pushes down to and ideally just below our lower trend line and it does so impulsively, then I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag.
• If price only pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll again be looking to get long with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CHF:
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our lower rayline and a subsequent tight flag forms, then I'll once again be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our most recent corrective channel and it starts to correct but it doesn't correct below our lower rayline, then I'll be waiting for this correction to turn into a one hour flag and then I'll once again be looking to get short with a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.