26/12/22 Weekly outlookLast weeks high: $16960.5
Last weeks low: $16355
Midpoint: $16658
Happy new year everyone! Last week saw the end of the year not the bear market it seems, $17k continues to be the ceiling for BTC for now, and the choppy price action continues.
This weeks range is a very tight spread so unless price goes above or below last weeks boundaries, expect more of the same.
Newyear
Happy New Year TradersHappy New Year.
It has been a historic year in the markets.
From the war in Russia to the Fall of Crypto.
Here are my 5 top ideas from 2022.
#5 Learning the Ichimoku Cloud.
A 4 part idea breaking down how to read the indictor
One technical analysis improvement I made in 2022 was learning the Ichimoku Cloud. I have found it invaluable for understanding trends and spotting future trends.
#2 That’s Bait 10Y treasury note yield prediction
This idea is a prediction of the 10Y reaching 2008 highs.
#3 What is really moving markets this summer?
In this idea I created the JHEQX Seagull and past rolls together to illustrate how markets, especially in the summer, are effected by this hedge.
Since then I have posted several dozen ideas dedicated to this series. Check out my trading view feed for the rest.
#2 There will be Blood
I like to mix a movie theme combined with a chart or macro event and this one of There will be blood turned out the best.
#1 How I look explaining WYCKOFF to family and friends
By far one of the most popular since I started charting on Trading View.
The idea was inspired by dozens of other WYCKOFF charts I had created in the past.
I wanted to mix a chart idea (prediction) within a meme.
The chart took me roughly 4 hours to draw. The hand holding the cigarette was the most difficult part.
NEW YEAR GIFT TO EVERYONE.OANDA:XAUUSD
reasons of bullish rally expected
USD bullish up to 90 to 95 levels which is negative relation with stock markets.
when there is bearish market people switch there investments to asset like gold and silver.
near the resistance level which have been tested 4 times now expected to break as gold has also broke its resistance level now.
These are all my observation for the rally.
all the best and happy new year to everyone.
Merry Christmas and Happy New Year!❄️
Happy New Year!⛄️
We know this past year has had its fair share of ups and downs - but good or bad,
these experiences have shaped who we are today and who we will be in the future.
May you find the perspective you seek in 2023. As a wise person once said, "Life isn't about waiting for the storm to pass, it's about learning to dance in the rain". This is the perfect time to turn over a new leaf and follow your dreams. You can do it!
Your UnitedSignals☃️
Happy New Year TradingView Family - 13 dos and don'ts!Hello TradingView Family, this is Richard, and I want to wish you all a Happy New Year!
Here are the main pieces of advice I would give to myself when I first started. Let me know your thoughts...
📉 1- Stop searching for signals, fund management services.
You chose trading to be your own boss, don't insist on being a follower.
If 90% of traders lose money, then to be profitable, you should stay away from the crowd and trade differently.
The only way to make money in trading, is to learn how to trade by yourself and to be in full control of your account .
📊 2- Think quality, not quantity.
You don’t have to trade every week, you don’t have to catch every trade. 2-3 trades per week are enough for a healthy consistent account growth.
We are snipers, we wait patiently for the perfect shot, and let the machine-gunners/traders die at the front row.
💻 3- We are Risk managers, not only traders.
While trading is nothing but a game of probabilities; Your main job is to find a well-defined strategy that gives you an edge over the market.
Keep in mind that your strategy has to be objective / rule-based.
💰 4- Do not doubt your strategy or entry just because your fellow traders offline/online disagree with your position direction.
Be fully confident in yourself and your trading plan.
🗒 5- Stop searching for new methodologies.
If your strategy is working for you Then focus on developing it. You have got a money machine.
Just like when you get married. You chose to spend the rest of your life with your partner, knowing that you may find someone better, smarter, more beautiful… but you are done searching. (Unless you want to cheat on your partner lol)
🕝 6- Think long term => 6 months – 1 Year NOT Daily– Weekly.
🔒 7- Always use stop-loss
Trading without a stop loss is like driving without a seat belt. One accident might ruin your life.
✏️ 8- Enter with fixed risk per trade.
Not fixed lot, not fixed number of pips => Professional traders think risk NOT pips.
💡 9- Treat the market like a trader, not an investor.
Don’t get attached to one single trade. It is just one in a lengthy series of trades.
⚙️ 10- If you are not feeling well, don’t trade.
👑 11- Stay humble, or you will be humbled by the market.
♟ 12- We do not predict, we simply speculate and react.
Just like chess, let the market make the first move and then react accordingly.
💂 13- Find a mentor.
Learn from those who are more experienced than you and surround yourself with talent; By keeping an eye on how veteran traders invest, you’ll begin to understand how they think and make crucial trading decisions.
Again, Happy New Year Everyone! May 2023 be the best of all! 🎊
Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
~Rich
Happy New Year!Hello everyone!
So the year 2022 has come to an end!
Time flies!
There were many ups and downs, there is no trend without corrections!
The year was not easy, many events affected the market and I tried to help you overcome all market obstacles.
We have learned a lot, done a lot, gained experience and are now ready to take on a new fight next year.
May all our goals be achieved in 2023, our desires be fulfilled and we will become even better and will not stop improving.
May the market always be on our side and profit does not leave us!
Happy New Year!
Happy New Year & Happy Holidays
That was a hard year for us all.
However, always remember these great words:
“Obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it.” – Michael Jordan
Happy New Year, traders!✨
Growth & prosperity to you next year!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GOLD in 2023Hello everyone!
Today I want to try to analyze the factors that will affect gold in the new year.
We will try to understand what to expect from gold and where the price may end up.
The difficulty of predicting GOLD prices
Predicting a possible future is a difficult and thankless task for itself.
Predicting the future price of gold is also difficult, because gold is an independent asset and it can be perceived as a separate currency.
At the same time, if currencies can be tied to the economies of countries, then what should GOLD be tied to?
The main indicators for gold are the volume of its purchases, the volume of invested funds of gold mining companies and the cost of gold production in general.
Since gold is used in the jewelry industry, it is possible to predict the future price movement of an asset if you understand the future demand for jewelry, which is very difficult to do.
With economic growth, people become richer and buy jewelry, which increases demand.
Moreover, during economic downturns, it increases the amount of money invested in gold, so people try to escape from inflation and loss of money in a crisis.
It is difficult to compare all these data with each other, because there is a lot of uncertainty in them, which is why the forecast for gold is a difficult matter.
Profitable?
Historically, gold is constantly growing.
Since 2000, the price of gold has increased 6 times.
Since 1970, gold has grown 51 times.
Does this mean that it will grow next year as well?
No. Such a large historical period gives us an idea of the direction of the main trend.
2023
The World Bank has made a forecast for the next year, which indicates that the price of gold will fall.
But don't blindly believe other people's analytics.
For example, the World Bank in 2018 predicted that in 2021 the price of gold will be equal to $ 1,247.
Now we know that the price in 2021 was in the range from 1676 to 1950.
You always need to conduct your own analysis and draw your own conclusions.
Now let's try to understand what will happen in 2023.
There are several main factors that point to the growth of gold next year:
1. Low interest rates
2. Raising inflation expectations
3. Higher oil prices
4. Increased demand from institutional investors
5. Devaluation of currencies of emerging economies
Low interest rates
The yield on 10-year Treasury bonds is at a historically low level.
Now investing in such bonds will bring you 1.5% per year.
That is very little and investors will look for alternative sources of income.
Since the stock market is overheated, investing in gold looks like an attractive option.
A large amount of investment funds will push up the price of gold.
Rising inflation expectations
Inflation is accelerating already this year and the US Federal Reserve predicts an increase in inflation in 2023.
Inflation is growing every year and in 2022 it amounted to more than 4%.
Inflation, as you know, devalues the currency, which increases the value of gold.
The amount of gold that you could buy for $ 1,000 a few years ago is already worth more, and it will no longer be possible to buy the same amount for the same money, and this trend is expected to continue.
Higher oil prices
Historically high oil prices contribute to an increase in the value of gold.
This can be explained by the fact that oil is an important factor in increasing inflation, the growth of which, as we noted above, weakens the currency, which positively affects the price of gold.
Everything that makes the currency weaken makes gold only stronger.
In 2023, according to analysts' forecasts, the price of oil will rise, respectively, we can expect an increase in gold.
Increased demand from institutional investors
In 2022, the record for the volume of gold purchases was updated.
Central banks bought 400 tons of gold worth $ 20 billion, which is the highest figure in half a century.
And there is an explanation for this: low interest rates and currency printing leads to currency depreciation.
Banks need to somehow avoid losses.
The stock market is overheated, and bonds give too small a percentage of profit, which, according to expectations, will not help to avoid even inflationary risks, and what remains?
The market correction forces Central banks to buy huge volumes of gold, which inevitably pushes the price.
Conclusions
These are not all factors that may affect the growth of gold next year.
In addition, the world is extremely volatile and there is a possibility of factors that will push the price down, for example, an increase in interest rates or other drastic changes related to inflation and, for example, the adoption of cryptocurrencies by world banks.
Unexpected and drastic political decisions and the actions of some countries have already been able to affect the global economy this year.
That is why long-term forecasting of such an important asset for the global economy as gold is extremely difficult.
It is necessary to be objective in the analysis, open to the possible emergence of new factors and soberly assess the real situation.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DON'T TRADE ON HOLIDAYS | 4 Crucial Reasons Explained
In this educational article, we will discuss why is it recommendable not to trade during the holidays season.
🏦 The main source of problems comes from the fact that the big market players like banks, hedge funds and investing firms are absent. Similarly to ordinary people, bankers and investors prefer to spend the holidays with their relatives and friends instead of staring at charts on Christmas Eve.
But how does it affect the market? Big players are the main source of the market liquidity. The liquidity itself is the measure to which an asset can be quickly bought or sold in the market at a price of its quotes. Therefore, when the big players are missing, the market liquidity drops.
1️⃣ That fact instantly reflects in the market spreads. They become substantially bigger, directly increasing the costs of each trade and making it problematic to open a position at a desired price.
2️⃣ Secondly, low liquidity leads to a decrease in volatility. The market becomes weak and indecisive.
As traders, we make the money on market moves. Our goal is to catch a bullish or a bearish wave. Their absence deprives us of profits or, at least, dramatically decreases them.
3️⃣ Thirdly, when the liquidity is low, even small market participants can move the market. It dramatically increases the probabilities of false signals. Relatively low trading volumes may manipulate the market, substantially decreasing the efficiency of technical and fundamental analysis.
4️⃣ The increased costs of trading, low volatility and manipulations should have convinced you to stay from charts during the holidays season. However, the main reason to not trade on holidays is much simpler. Holidays give you an opportunity to stay with your family, to take a break, to recharge and relax. Even a part-time trading is very exhausting and requires a constant attention. Let yourself be distracted and return after holidays.
I wish you a great holidays season, traders!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Happy New Year, Team!💫
Hey traders,
Each new year is a gift of learning, growth, and hope.
May your mind and soul be enriched with these things and more in the days to come!
New year, fresh start, life’s a canvas, begin your art!💫
Christmas holidays
Trading vacation winter Santa gift christmastree marvel greeting wish newyear celebration
Happy New Year, Team!💫
Message from SignalProviderTeam:
To all our dear followers: Every year comes with its challenges and wins, and you’ve been with us every step of the way.
Thank you for keeping us in your corner!
Whatever this year brings, we’ll crush it together.
Happy New Year!💙
NewYear holidays
Trading vacation winter Santa gift marvel greeting wish newyear celebration
Merry Christmas, brothers and sisters!❄️
Hey traders,
SignalProvider teams wishes you a Merry Christmas!
"At its best, Christmas is a mirror in which we see reflected the very best life can be. Where we see ourselves moved by generosity, inspired by hope and uplifted by love, not only for ourselves but for the whole evolving universe."
May the magic of the Christmas season fill your home with joy and peace. Sending lots of love to your family, and looking forward to see you with us next trading year. Take care of yourselves and stay safe.💙
Merry Christmas, dear followers!🌲
To a joyful present and a well-remembered past! Our trading team raises a glass to you this Christmas all the way from TradingView.
The light of the Christmas star to you,
The warmth of home and hearth to you,
The cheer and goodwill of friends to you,
The joy of a thousand angels to you,
The love of the Son,
And God's peace to you.
Wishing you a joyous Christmas and a prosperous New Year.🎁
Christmas holidays
Trading vacation winter Santa gift christmastree marvel greeting wish newyear celebration
We wish you a Merry Christmas!🌟
Dear traders,
This year we faced a lot of obstacles and problems. For many, this year was phenomenally hard.
There is a famous quote by Marcus Aurelius “The impediment to action advances action. What stands in the way becomes the way.”
In any obstacle, there is an opportunity. What we should be doing, we should look at every obstacle that we face as an opportunity for us to grow and to make us stronger so that we can turn that into an opportunity. Every obstacle is the way forward.
I wish you all a lot of opportunities next year.
Merry Christmas!!!🌟
Christmas holidays
Trading vacation winter Santa gift christmastree marvel greeting wish newyear celebration
Merry Christmas, Traders!💫
Dear followers,
As you celebrate Christmas, make wonderful memories that will linger in your home, make great friendships that will last a lifetime and may this season filled with peace and joy.
We hope this season fills you with faith, renewed hope and good health that will last you a lifetime.
Have a merry Christmas.💫
Your EliteTradingSignals
AirPods To Gain Amazing Feature UpdateApple consistently improves the features in its suite of fitness monitoring. It adds new elements, like the recent Time to Run, for instance. But a newly revealed patent indicates it has plans to change things. I’m not sure I like it.
The patent means it’s not going to be as easy to cheat when you’re working out. I can remember a visit to Apple’s secret research labs for Fitness+ and being told that a new yoga workout was being added to Apple Watch. It meant, I was told, that it would be much more accurate than the current version.
XRP - Patience Is The Key To SuccessXRP is still coiling up and down with consolidation that seems to have no end. Like with many laggers patience is key for the hodlers. We will eventually see the breakout but i still thing that for that to happen BTC has to finish its first massive fall. BTC dominance is dropping quite hard and this only means good for alts.
We have a massive support at $0.50 area so don't be afraid that we will not hold this (red box). It is very possible at that point that even $0.60 will not get revisited anymore, but somewhere close to it like $0.70 can get revisited (yellow box). Breaking above he green price area would mean clear skies ahead for XRP, but before this happens we must see what btc will do first.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BINANCE:XRPUSDT
BTC Is Still Deciding What It Wants To Do First First of all, Happy new year to you all. Weather you are trader, investor or you just like to be here, i wish you all successful year (even though stock market will collapse in 2022 haha) good health and loving things. Now to the BTC.
As far as my last idea goes for BTC i still think we will form a new bottom eventually, but before we do btc still has to decide where it wants to go first. We could just collapse from here or we revisit 55k area (yellow box), provided that we don't get rejected on the way up again (orange/blue box).
Short squeeze is still in the cards, just don't take this to the bank.
Alt season is just arround the corner as BTC dominance keeps tanking. That does not mean it could still spike up a bit before going down even further. Great news for alts is all i am gonna say.
I am not a financial advisor so non of this should be taken as a financial advice. Be Well.
BINANCE:BTCUSDT
BTC Ready to Explode with new ATH Bears, Funny how you said it was the end!
BTC getting ready to Squeeze all Shorts :) #2022
Bulls Get Ready for the final Show!!!
S&P500 Also nailed new ATH recently, Now it's time for the Crypto Market to make our 2022!
BTC recently retested downtrend resistance (new support) after a successful breakout! The bears need to back off now
Targets: 50000 - 60000 - 70000 - 80000 - 100000 - 150000 - 300000 - 500000 - 1000000
Happy New Year Traders! Set Goals Here!Thanks for all your support and your valuable interaction in 2021. We hope for a lot many fruitful interactions in 2022. Happy new year!
May the new year be only about prosperity and profit! You work very hard and deserve all the best. Can’t wait to see you on the Forbes cover. As soon as possible!
This is the beginning, of anything you want.
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Comment below what your goals are for 2022!
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