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Live stream - Candlestick Analysis for Dynamic Scalping and Day The FX Evolution team are back with an advanced session! They're talking Multi-Time Frame Analysis for precise entry and exit decisions in both scalping and day trading scenarios, Candlestick Pattern Combinations & Volume Analysis with Candlesticks.
Rate Cut 1930 - Pattern Recognition: 30s vs Today In 1930, when the Fed cut interest rates, the market crashed further. In today's tutorial, we will be comparing the 30s and today’s market to identify some of their similarities.
Where exactly are interest rates’ direction pointing us?
As we may have read, many analysts are forecasting that there will be a few rate cuts in 2024. Is this the best option?
My work in this channel, as always, is to study behavioral science in finance, discover correlations between different markets, and uncover potential opportunities.
Micro Treasury Yields & Its Minimum Fluctuation
Micro 2-Year Yield Futures
Ticker: 2YY
0.001 Index points (1/10th basis point per annum) = $1.00
Micro 5-Year Yield Futures
Ticker: 5YY
0.001 Index points (1/10th basis point per annum) = $1.00
Micro 10-Year Yield Futures
Ticker: 10Y
0.001 Index points (1/10th basis point per annum) = $1.00
Micro 30-Year Yield Futures
Ticker: 30Y
0.01 Index points (1/10th basis point per annum) = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
How to Quantify & Identify (real-time) a Trading RangeOne of the most challenging & frustrating tasks for a trader,
is to define with a rules-based (systematic) methodology,
and identify (on a real-time basis),
when a market is in a trading range.
Using the MACD-v both of these goals are achieved.
The market is defined as being as "Ranging"
(one of the Core 7 Range Rules/States)
when the MACD-v is between the -50 and 50 ranges,
for more than 25 bars consecutively.
Live stream - Week Ahead And What To Lookout For - Daily Pitch INikkei225, China50, ASX200, DJIA, S&P500, Nasdaq100, DAX40, FTSE100, DXY, Gold, Silver, Copper, WTI Oil, Wheat, Bitcoin, BitcoinCash, Ethereum, Ripple, Litecoin, Dogecoin,AUDUSD,AUDJPY,AUDCAD,NZDUSD,USDJPY,USDCAD, USDCHF,GBPUSD,GBPCHF,EURCHF,EURAUD,EURUSD
Create No Code Auto Trading Bot with Tradingview and OKXHello Everyone,
In this tutorial, we learn about how to create simple auto trading bot using tradingview alerts and OKX exchange built in integration mechanism.
Few exchanges have come up with this kind of direct integration from tradingview alerts to exchanges and as part of this tutorial, we are exploring the interface provided by OKX.
In this session, we have discussed
🎲 Preparation Steps
Preparing tradingview account
Webhooks are only available for essential plans and plus.
Enable 2FA in your tradingview account.
Preparing your OKX account
Create OKX account, and we prefer you do the initial tests under demo account before moving to active trading account.
Bots created in demo account will not appear in the active trading account. Hence, when switching to active account, you need to create all the setup again.
🎲 OKX Tradingview Interface Features
What is supported
Auto trading based on strategy signal
Custom signals - Enter Long, Exit Long, Enter Short, Exit Short
What is not supported:
Stop/Limit orders
Bracket orders/ Complex execution templates
🎲 Weighing Pros and Cons of Using Direct Interface rather than Third party integration tools
Pros
Latency is minimal as per our observation
Easy Integration with Tradingview and Pinescript Strategy Framework and no coding required
You save cost on third parties and also avoid one hop.
More secure as your data is shared between less number of parties.
Cons
No native support for Stop/Limit orders
Risk, reward, and our absolutely EPIC Black Friday deal World-class climbers require the best equipment, gear, and preparation - they can't scale the most difficult mountains without anything else. For the world' best traders, they too must have access to the best tools and features. To climb to the top of modern markets, great research is a prerequisite.
Our sponsored athlete, Alex Honnold, is the best free solo climber on Earth, known for scaling Yosemite's 3200-foot El Capitan without a rope. He once told us the following:
"One way to de-risk my climbing is to practice on similar climbs until I have a high degree of confidence that I can successfully do whatever I've set out for. If I have a proven track record on very similar climbs then I know that the risk can't be too high. I guess the other way to say that is just to practice until a climb feels easy. If it's well within my comfort zone then it's no longer very risky."
This Black Friday, we want to give traders, investors and anyone interested in markets the tools they need to get to their goals. That means practice, it means getting out there, testing new ideas, and finding the perfect trading strategy. Starting today, all of you can get up to 70% OFF one of our paid plans from now until the end of the week.
That's right... our epic Black Friday deal has begun. Now's your time to get the tools required to summit markets, to become the glorious trader you've always wanted to be with one of our paid plans, which offers the following:
- Up to 8-charts layout
- Up to 25 indicators per chart
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- Up to 400 price alerts
- Up to 400 technical alerts
- Volume profile tools
- Time Price Opportunities
- Custom timeframes
- Multiple watchlists
- Bar Replay
- Indicators on indicators
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Remember: Our deal won’t last long, the clock is ticking. If you have any additional questions, check out the FAQ on our official Black Friday page.
Treat yourself to a plan and keep following us as we publish educational posts throughout the week. We'll show you several tips about using your new plan as each post will be designed to help you take full advantage of our epic Black Friday sale.
Love,
TradingView ❤️
SPX Oil Gold and Yields - Weekly preview 4400 is the level bulls want to hold on any pullback for spx, whether it comes next week or not is hard to say. IWM and DJT are not confirming an upward bias on the weekly chart yet, so it's possible they are saying something that most are not hearing. Gold and Silver both hard to tell what's going to happen right now, so waiting I'm for a confirming move up or down. Oil is at strong technical support, thus the bounce today. I think it goes higher, but it needs to take out 80 for the bulls to start gaining control. TYX (Yields) will probably get to the gap area near 5 at some point soon....
Good luck and have a wonderful weekend
How To Build A Trading Journal That Helps You Make MoneyHey everyone!
In this video, we discuss why trading journals are important, talk about how to avoid common pitfalls in using them, and go over the keys to implementing one successfully in your own trading.
Over time, a well-crafted trading journal can actually help you make money, while building out the most important skill you can acquire as a trader: pattern recognition.
We also cover three main principles that you can use if you already have a journal set up that isn't working as you'd like. Be sure to:
1.) Keep it simple.
2.) Track the right things.
3.) Follow up regularly.
Do these, and it's impossible you won't get significantly better over the next 6 months - year.
Cheers!
Looking for more high-quality trade ideas? Follow us below. ⬇️⬇️
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn this video, we delve into the recent surge in gold prices, driven by a combination of factors. On Friday, the U.S. dollar and Treasury yields experienced a decline following disappointing U.S. jobs data, solidifying expectations that the Federal Reserve will halt its interest rate hikes. The October job growth figures fell short of economists' projections, with only 150,000 jobs added compared to the anticipated 180,000. Additionally, wage inflation cooled, indicating a potential easing in labor market conditions.
It is crucial to note that if the labor market continues to deteriorate, the Federal Reserve will be unable to maintain its hawkish stance. This data reinforces the notion of a Fed pause, which has contributed to the rise in gold prices. Furthermore, the dollar index (.DXY) experienced a 1% drop, while the benchmark 10-year U.S. Treasury yields reached a low not seen in over a month, further bolstering gold's appeal.
In light of the ongoing Middle East conflict, investors are now pricing in a 95% chance that the U.S. central bank will keep interest rates unchanged in December, compared to the previous 80% prior to the release of this data. These insights are based on the CME FedWatch tool.
XAUUSD Technical Analysis:
In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities.
The $2,010 zone will remain our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then the breakout/retest of this zone will serve as a platform for new highs. However, if selling pressure persists below $2,010 just as it had done in the last 5 months, we could witness renewed selling pressure back into the demand zone at the $1,900 zone.
Dive into the latest Gold market dynamics! Discover how escalating Middle East tensions and renewed decline in 10-year Treasury yields and their impact. Stay informed for strategic investment decisions.
#GoldMarket #SafeHavenAssets #USDebt 📺🔔💼
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.