People make mistakes, Money don't!We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market.
I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions. Whenever we have a positive money flow (influx)in the market, prices will go up. The opposite is also true! if we have a negative money flow (outflux), prices will go down.
Evaluating the money flow must become a habit for long-term investors and short time traders. Because investing in an asset with a negative money flow (outflux) will almost always waste your time and capital as a long-term investor! On the other hand, money flow creates lots of trading opportunities for short-time traders in any market!
This reality is not ignorable, and those who ignore it will pay for that. I usually follow the average trading value to evaluate the money flow of the trend and how strong a trend is. Having said that, we can redefine the bullish trend as prices going up plus money influx, and the bearish trend is when prices go down and we have money outflux.
To have a better idea let's review this on the charts:
NASDAQ:TSLA Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 48 Billion in June 2019 to 844 billion in December 2020 caused an 1863% gain in the same timeframe.
Maximum trading value in one week: 290 Billion, third week December 2020
Maximum trading value in one month: 844 Billion, December 2020
Last week Trading value: 111 Billion (-62% decreased)
Last month Average Trading value: 481 Billion (-43% decreased)
NASDAQ:AAPL Weekly chart since 2019.
Red/Green bar chart: Weekly Trading Value estimate(Volume*Closing Price)
Orange line: 4 weeks average Trading Value (if multiply by 4 you can have an estimate of monthly trading value)
A constant increase in monthly trading value from 134 Billion in January 2019 to 525 billion in August 2020 caused a 288% gain in the same timeframe.
Maximum trading value in one week: 143 Billion, first week September 2020
Maximum trading value in one month: 525 Billion, August 2020
Last week Trading value: 65 Billion (-54% decreased)
Last month Average Trading value: 248 Billion (-53% decreased)
NASDAQ:AMZN
NASDAQ:FB
NYSE:NIO
NYSE:PLTR
NYSE:GME
NASDAQ:BNGO
NASDAQ:RIOT
By now you should be familiar with the power of money in the market and how money flow affects the trend!
Any increase in price without an increase in money flow is not sustainable and creates a profitable short opportunity..!
Moshkelgosha (Sniper Trader)
Facebook (FB)
Breaking down Wyckoff into 5 steps called the CURVEBefore I knew what wyckoff was, I saw something in the market and studied it 12 hours a day for 8 months. Even made a rule set for it. It wasn't until 2 months ago I started looking to find the missing pieces of the puzzle. Thats when I found wyckoff. Wyckoff is the technical step by step version of what the curve is, except I can explain the curve in 5 steps vs 16-24 over 4 different variations and 4-8 different variations of that. It's a little too much for the avg person. The curve is purely visual and easy to understand. In this video I go over Facebooks price action and correlate that to both wyckoff and the curve.
If you would like to see more videos like this please like follow subscribe, and leave a comment below. This will help me guage if there is a need to learn more.
I have acquired savant syndrome , 1 of 33 people in the world, who have gained a talent after a traumatic brain injury. At first it was just art and painting. I never was great at drawing and I couldnt paint before the wreck. 11 staples later I was paint portraits near realism and spray painting 50ft by 50ft buildings, even though I had never held a spray can before that. I started looking at charts 9 months ago and have spent more than 12 hours a day since looking at them. The curve is my baby, I found wyckoff a few months ago. Together it gives me a vast understanding of whats happening in the market and where price should go. I combine this with some other things I have found in the market to plot trend lines that should envelope Price action and even predict the highs and lows as it moves.
I use these trendlines not to predict really but to give me a non emotional trigger to either get in or stay out of the market. If Price Action respects the trendlines, then this would be a stock I would play. My target is the highs and lows of the trendline. Simple enough. I have started with an extremely small amount of money and have made more that 5 x my money which is hard when you can't really play stocks that are known for moving because they cost more. Finding cheaper option plays that are going to pop with momentum is what I have used this with in order to build my account large enough to play stronger more stable option plays like HD GS etc...
Thanks again for watching,
iCantw84it
05.15.2021
FB Prediction and breaking down Wyckoff in 5 steps (the Curve)Before I knew what wyckoff was, I saw something in the market and studied it 12 hours a day for 8 months. Even made a rule set for it. It wasn't until 2 months ago I started looking to find the missing pieces of the puzzle. Thats when I found wyckoff. Wyckoff is the technical step by step version of what the curve is, except I can explain the curve in 5 steps vs 16-24 over 4 different variations and 4-8 different variations of that. It's a little too much for the avg person. The curve is purely visual and easy to understand. In this video I go over Facebooks price action and correlate that to both wyckoff and the curve.
If you would like to see more videos like this please like follow subscribe, and leave a comment below. This will help me guage if there is a need to learn more.
I have acquired savant syndrome , 1 of 33 people in the world, who have gained a talent after a traumatic brain injury. At first it was just art and painting. I never was great at drawing and I couldnt paint before the wreck. 11 staples later I was paint portraits near realism and spray painting 50ft by 50ft buildings, even though I had never held a spray can before that. I started looking at charts 9 months ago and have spent more than 12 hours a day since looking at them. The curve is my baby, I found wyckoff a few months ago. Together it gives me a vast understanding of whats happening in the market and where price should go. I combine this with some other things I have found in the market to plot trend lines that should envelope Price action and even predict the highs and lows as it moves.
I use these trendlines not to predict really but to give me a non emotional trigger to either get in or stay out of the market. If Price Action respects the trendlines, then this would be a stock I would play. My target is the highs and lows of the trendline. Simple enough. I have started with an extremely small amount of money and have made more that 5 x my money which is hard when you can't really play stocks that are known for moving because they cost more. Finding cheaper option plays that are going to pop with momentum is what I have used this with in order to build my account large enough to play stronger more stable option plays like HD GS etc...
Thanks again for watching,
iCantw84it
05.15.2021
QQQ holding last trend lineOBV divergence signaled a potential correction, as price were making higher highs, OBV was making a lower high.
On the plus side, we are making higher lows since march lows.
There is a resistance trend line that is still holding, and is now coincident with the 61.8% Fibonacci retracement line.
A buy with a stop below the trend line has worked great the last 3 consecutive times it tested.
If we do keep selling off, I expect the next place we could pause at the $298 level, just below the 200sma.
Elliott Wave View: Facebook Correction May ExtendShort Term Elliott Wave structure for Facebook (FB) suggests the rally from January 14, 2021 low ended wave ((1)) at 322.86 as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (4) of this impulse ended at 295 and from there it rallied in wave (5) as an impulse in lesser degree towards 322.86. This completed wave ((1)) in higher degree.
Wave ((2)) pullback is currently in progress to correct cycle from January 14 low before the rally in the stock resumes. Internal subdivision of wave ((2)) is proposed to be in a zigzag Elliott Wave structure. Down from wave ((1)), wave 1 ended at 313 and wave 2 bounce ended at 326.44. Stock then resumed lower in wave 3 towards 297.75, and bounce in wave 4 ended at 306.83. Facebook now can see 1 more leg lower to end wave 5 which should complete wave (A) in higher degree.
Afterwards, the stock should see a wave (B) bounce to correct cycle from April 29 high before the decline resumes in wave (C) of ((2)). As far as pivot at 332.86 high stays intact, expect rally to fail in the sequence of 3, 7, or 11 swing for another leg lower.
How far Apple could Slip???Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Hourly Chart: Lower border of Megaphone, should be supported around 130. (Neutral)
Daily Chart: Lowest close since April 12, close below daily open in the last 5 trading sessions, and increased volume above monthly average while the price fails to close above daily open is in favor of bearish case! (Bearish)
Weekly Chart: Bearish engulfing after 2 Doji candles. (Bearish)
Monthly Chart: Failure to close above 132.49 in the last 4 months, which means Apple's return in 2021 is slightly negative so far! (Neutral)
Change in Average Dollar Value of Trades: -18% in the first 4 months of 2021 in comparison to the last 4 months of 2020. (Bearish)
Conclusion: Neutral-Bearish in May is the most probable scenario.
Educational Article:
1- Megaphone or Broadening Pattern:
www.investopedia.com
2-Bearish Engulfing:
www.investopedia.com
3-Resistance:
www.investopedia.com
4- Multi-timeframe Analysis:
www.investopedia.com
5-Dollar volume:
www.investopedia.com
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Bearish TrendThere is a clear correction taking place throughout the market. FB is no different. On the daily chart MACD is in a sale and momentum is down. As well, the Heikin-Ashi candles are showing a clear downward trend. It appears that FB may be at a level of support. IF it pushes through this level of support look to short. Otherwise, it may come back up near the 20 SMA. IF, it does this and doesn't push through the 20, look for that as an entry to short.
What happened yesterday..?The key to success in this market is to know at least 3 things:
1- how retail investors behave?
2- how Algorithms Behave?
3- How big investment firms behave?
Then you can have a good analysis and act based on that:
I asked my private followers to short Tesla for the last 2 weeks and insist to do that yesterday after the Down Gap followed by the big Green candle!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Educational Articles:
1- www.investopedia.com
2- www.investopedia.com
3- www.investopedia.com
4- www.investopedia.com
If you are interested to have early access to my trading ideas, check the signature box below the post for more information.
Do not follow ARK invest..!My private followers Just made a+50% to +100% gain by shorting Palantir when it was above 20 yesterday! (buy put 20, May 14, 2021, at 64 cents!)
I don't sell signals, I teach people how to make profits out of market opportunities.
For instance, do you know what type of Gaps were created in most Stocks yesterday, and how you should play them?
My followers know because I send them educational articles below my posts!
I spend 6 months studying the ARK investment behavior and I found most of their tricks..!
While Ark invest has had a great performance of +988% between Feb 2016 and Feb 2021, they had a -38% loss in the last 3 months!
Their best days have gone..! they are trapped in the bubble they created through social media propaganda! I warned people since mid-February 2021!
What is an Advanced Breakout and how to trade it?Hello Tradingview community! Today I want to share something which is pretty rare to see around, the Advanced Breakouts (AB)!
What is an AB? Is an event when the indicator may anticipate the price's movement. Some indicators like the RSI or the OBV are great for this, and in this analysis, I'll use the RSI as an example.
See the movement on the Nasdaq 100 today? While the price did a double bottom, the indicator didn't, and that's a divergence. But when we see the indicator doing higher highs / higher lows while the price isn't, this is an AB! Usually, this anticipates the next movement on the price, in the direction of the AB.
And we have different types of ABs. Some of them are weaker, some are stronger. Let's see more examples. Since the Nasdaq 100 is doing an AB, some of the faangs are doing this too, like FB:
Here is an example of a weak AB. We have almost no divergence, but the indicator is already doing a new high, while the price isn't. The divergence on AAPL is a little stronger:
The RSI did a twin mountains pattern, but it didn't work and now it is doing a new high. The price did no such thing, and has yet to break the previous high. But this AB is not as strong as the one seen on AMZN:
On AMZN's chart it has an inverted head and shoulders, while the RSI has a strong divergence, as it is doing higher highs and higher lows. Also, AMZN's RSI already broke its resistances, while the price is still falling. This is a strong divergence and an incredibly strong AB.
But since the indicator is anticipating the price's movement, some people will trade the indicator, without waiting for the confirmation on the price. This is a mistake, and it could affect the chances of success of your trade. Always wait for the confirmation on the price. For instance, wait for AMZN's inverted head and shoulders to be triggered before trading it, and use the AB as a confirmation of your initial thoughts.
This is it, community! This is the Advanced Breakout and how to trade it! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
NASDAQ 100 (US100) – Week 17 – Eyes on a new record topIn the past day, Tesla (TSLA), one of the most traded stocks, reported a record quarterly profit as it released its earnings after the closing bell. Apple (AAPL) and Facebook (FB) are scheduled to report today, followed by Amazon (AMZN) on Thursday.
In our previous analysis, we correctly forecasted the price to break the 14.000 psychological level.
For this week, we are expecting to break the top one more time before falling into a corrective phase that can reach the support or the liquidity pool area that we highlighted on the chart. A trendline breakout, followed by a consolidation, could put some pressure on the price as it can fall into even more bearish territory.
Another indication that the market is close to lose some of its bullish momentum is that our RSI Indicator is close to an overbought level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
GOOD POSITION!INCREASE IN SALE ACCOMPANIED BY A GOOD TECHNICAL POSITION
MORE THAN 100 PERCENT IN NEXT WEEKS IS EXPECTED ;)
FB Monday trade only 1. Expansion Break out- bullish (4/29) 2. Inside day- creates Jack-In-The-Box (bullish) trade (4/30) 3. MACD signal- bullish 4. Buy on Monday 5c above ($331.86) (4/29) day high set stop loss at 328.50
If the stock closes strongly in the top of the day's range, hold at least half of your position overnight, as it's likely to follow through the next day.
(Not financial advice) (information from Hit & Run trading II)
Exceptional Earning but no bullish move..!Technical review of the biggest 5 market cap companies with Tesla chart in January 2021.
1-Apple:
The good report followed by lower prices in the last 2 days!
2-MSFT:
The bearish two black gapping continuation pattern appears after a notable top in an uptrend, with a gap down that yields two black bars posting lower lows. This pattern predicts that the decline will continue to even lower lows, perhaps triggering a broader-scale downtrend. According to Bulkowski, this pattern predicts lower prices with a 68% accuracy rate.
3-Amazon: another great earning report but failed to close higher.
4-Google: exceptional performance but close 3-4% higher and create a long upper shadow.
5-Facebook:
The hanging man occurs when two main criteria are present:
The asset has been in an uptrend.
The candle has a small real body (distance between open and close) and a long lower shadow. There is little to no upper shadow.
Usually, at the end of any bullish run, prices open at higher levels but fail to close at a higher level. you can see this pattern in all of these tech giants.
If you compare these charts with Tesla's chart in January 2021, you will see the creat similar parents, although they did not experience the hype tesla experienced.
Another thing that makes it more concerning is the average weekly trading value decreased 40-50% in most of the equities in the market!
www.investopedia.com
www.investopedia.com