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Christmas

Happy Holidays!Wishing everyone Happy Holidays! 🎄🕎 I hope you enjoy my chartwork (the Christmas tree is brought to you by the shooting star 🌟 pattern on Carvana's quarterly chart). As I reflect on this challenging past year, I thought I would post a few of the lessons I have learned trading and investing over the years. Trading Always manage risk by using a stop loss. Consider the asset's Average True Range (ATR) on the timeframe you're trading on. If the distance from your entry price to your stop-loss price is less than the ATR, then your trade is likely to fail (stop loss triggered) simply due to normal volatility. If feasible, consider hiding your stop loss under large buy orders using level II market data. Avoid trading on assets with low volume or assets with wide bid-ask spreads. Consider the tax implications of your trades and consider developing a trading strategy that avoids triggering or minimizes the effect of the wash sale rule. For more trading tips you can read my post linked below. Investing Always manage risk by diversifying portfolio holdings. Consider holding a wide array of uncorrelated assets or a broad array of low-fee ETFs, REITs, and/or mutual funds. When available, always opt to automatically reinvest dividends. This strategy works for investing (not trading) because most assets preserve wealth better over time than holding cash. Buying more and more of an asset over time compounds growth. Consider the tax implications of your investments. Consider maximizing your investment's growth by using tax-sheltered accounts (IRAs and HSAs) and harvesting tax losses in taxable brokerage accounts. Only invest in assets that, when adjusted for dividends, move up in price at a faster rate than that which the money supply grows. To determine whether an asset achieves this, compare the asset as a ratio to the money supply. For more details, you can read my post linked below. These are just a few of the many lessons I have learned over the years. I have dozens of pages of tips and lessons learned in my Trading & Investing Notebook. I encourage everyone to keep a notebook. What trading and investing lessons have you learned over the years? What tips would you give to a beginning trader? Leave a comment below!
NYSE:CVNA
by SpyMasterTrades
20
Ethereum Technical Analysis on Christmas 2023 🎅Hi Freinds In the last week, Ethereum has had a completely neutral movement. If you pay attention to the blue circle drawn in the middle of the chart, you can see that the price has formed a strong upward movement after its neutral movement or range, which is called a spike or sharpie movement. So we have to wait for Ethereum to start its Sharpie movement. But is this sharpie movement ascending or descending? In the following, we will answer this question by examining several technical points. As can be seen in the chart, after reaching the level of $1,100 (red circle), the price faced buying pressure and was able to grow again to the level of $1,300. Ethereum has hit this level several times but has not been able to break through this level, which is why it has turned the $1,300 level into a relatively strong resistance. Currently, Ethereum is still maintaining its current small uptrend until it breaks below the $1,150 level. If this cryptocurrency can remain above the level of $1,200 (fixed), its next target will be $1,350. Another important point is to create a FVG or gap. FVGs are areas that form after a collapse or growth, in fact, areas where the body of the candlestick does not overlap with its next or previous candlestick. These areas are very attractive for retail traders. One of the characteristics of Gap or FVG is that it attracts price like a magnet. Therefore, according to the concept of FVG, we can conclude that the probability of a strong upward movement is higher than a strong downward movement. Sponsorships: $1,200, $1,150, $1,100 Resistances: $1300, $1350, $1400 Arztoday Team 💙 Analyzer ✍: AR.Rashidi
by arztoday
4
A Santa Claus Rally for the JSE in 2022? What is expected from a Santa Claus Rally? The Santa Claus rally, is essentially where we see stock prices locally and globally rise and close off positively by the end of December. And so, we can expect a rally in December which we can all profit from… Why December? We aren’t 100% sure but we have some speculations on why the market tends to rally… #1: Investment managers cut down on their taxes This is the time when you’ll see investors and investment managers, selling their stocks to lock in tax reductions before the end of the year. Once they sell their positions, they then buy other stocks and markets that they believe will rally in the next year. The buying of these stocks, leads to a rise in stock prices which pushes the stock market indices up. Theory #2: Investors enjoy their bonuses by buying into investments Investors also like to spend their bonuses on investments like stocks… And when they buy, demand picks up. And this leads to higher stock market prices. Speculation is one thing. But nothing confirms a Santa Claus Rally more than proof in the charts… The JSE has gone up 14 out of 19 Decembers! What you see, is the monthly JSE-ALSI stock market chart since 2003… Looking at the chart you can see how each December (Vertical blue line) performed from 2003 up ‘till 2021 Year Gain/Loss Year Gain/Loss 2003 : 7.39% 2004 : 1.28% 2005 : 6.84% 2006 : 3.90% 2007 : -4.99% 2008 : 0.51% 2009 : 2.62% 2010 : 6.69% 2011 : -3.26% 2012 : 2.72% 2013 : 3.27% 2014 : -0.53% 2015 : -1.15% 2016 : 0.48% 2017 : -1.33% 2018 : 4.63% 2019 : 3.51% 2020 : 3.83% 2021 : 4.66% So, there’ve been 14 out of 19 Decembers (74% win rate) that have shown positive gains. And in total, the JSE has accumulated 41.07% gains in all of those Decembers. This means, you have a higher chance of profiting from buying this Christmas than selling. And right now, this December the JSE ALSI 40 is already up an insane 14.48% gain. And I am seeing no signs of a slow down yet… I guess a Santa Claus rally is more likely than not, but we have had three to four winning years in a row... Things are looking good for now but the month is young... Do you think we will have a JSE Santa Claus Rally? Let me know. Trade well, live free. Timon MATI Trader
TVC:SA40Education
by Timonrosso
1
Bitcoin Drawdown☣️ Looking at the Bitcoin drawdown, we can see that the drop in percentage terms has already surpassed the COVID-day drop. ❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%? 📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190. 🎅 And it would be a big coincidence to happen in the same month of December. 📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March. 🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023. Theoretically.
INDEX:BTCUSD
by andre_007
Merry Christmas & Happy New Year 🎄🎁☃️ Hey traders, That year was one of the hardest ones in my trading career. And I can not even tell you what has changed exactly. Just it looks like this trading year was a bit different: the markets were simply reacting to key levels in a bit different manner, the price action patterns were not that accurate & volatility was insufficient. I tell you that just to let you know that if you were struggling this year with your trading, you are not alone. We are in the same boat and the only thing that makes us stay afloat is the fact that we never give up, we keep going no matter what. We know that at the end of the day we are always the winners. And winners win. Next year, be a winner, be strong and consistent and the magic things will happen with you. Merry Christmas.
BITSTAMP:BTCUSDLong
by VasilyTrader
45
BTC: Christmas Breakout 🎄BTC has broken through our first level of resistance - the micro falling wedge that we identified as a bullish formation. BTC is now flirting with our next level of resistance that has been respected since the 10th of Novemeber (illustrated by the blue line). A break of 50k will signal a potential end of the recent downwards price movement, a possible outcome that is backed by our MACD indicators, which are also signalling potential bearish exhaustion. Analysis of previos Chrristmas BTC price action shows that historically the asset can be quite boring. With the exception of course being in 2017, where bitcoin saw a significant correction follwing its 45% sell-off, rising approximatley 30% in the week that followed. _______ What do you think? Will this Christmas be another boring day for Bitcoin, or will we see the start of a new bullish wave like we did in 2017? My bets are towards the upside!
Long
by KurtisDunphy
Adani Port ? What to do in this falling market ???Adani Ports and Special Economic Zone Limited Trend Analysis: After a fall on March 2020 due to Covid-19 stock is in uptrend and showing a resistance on two point on high of 9th June 2021 and 18th Oct 2021 From where stock has given a strong reversal. On down Side It took support on 17th June 2021 and since then it has taken support with that trend line . It has made 5 bottom since 17th June 2021. Now, since last swing from 30th Nov 2021 to 10th Dec 2021 stock has taken a reversal from resistance exactly at 61.8% of fibbonaci levels. RSI is also in Oversold zone below 30 in 1H time frame expecting a bounce back. Now I strongly believe that stock can further tumble to it 78.6% of last swing and that would be a turning point of Stock where it can take support on it’s trend ( 6th Time) and can bounce back to its immediate resistance at 775. So 715-710 would be a good buying opportunity which has a stop loss below its support at 678 for the target of 775 (Risk Approx 37 Rs . and Reward Approx 60 Rs . Per Share)
NSE:ADANIPORTSLong
by chauhansatyanarayan
Silver Still Bullish into end of year Hey guys, this is follow up to my US100 call today linked below, I see silver falling to the support line making a big double bottom supported by strength coming back into the RSI causing a strong bull run into the new year come after. December has always been a great time to be invested in precious metals often coinciding with strong rallies, I think most people understand that the fed is behind on tapering and will speed up but I doubt they will sped up enough on there policies so maybe this could be a reason for a flock to precious metals as a flight to safety for next year. First target is 10.7% away from the support line where we have had previous support and resistance and by the time we get there the 150 EMA will Also be there acting as resistance. But I stress wait for Gold to confirm this trend and watch the gold/silver ratio seems to be topping so silver will outperform gold here. follow for the follow up charts coming throughout the week on where i will cover another play i have on AUD/JPY, AUD/USD, stock buys and further breakdown on possible big short early next year.
TVC:SILVERLong
by jackwheeler
Possible Bullish run for Christmas Hey guys, Given the strength in the market yesterday at the end buying up strong we could be seeing a rejection off a new support line. I think this consolidation pattern is now in play and with the 50 EMA acting following the support line I don't think Powell will say anything that will cause the market to fall past this point with sentiment already being this bad but still I'm not going to bet until I have a follow up confirmation. This could be the start of the Christmas rally if so best bet is to buy into Silver/gold or currencies against the USD as people deploy their cash. It should rebound till resistance just short of a 7% gain by sometime in Jan and hopefully RSI comes back to the down trend line, if so that would be a great short opportunity as Fed might have to raise rates early. I'm going to do some follow up charts explaining this as it happens so please follow to keep up to date. Just to clarify I do still think we are in a Bubble that will pop sometime early next year and with all the high growth smaller tech already going bust (Snap, TWTR, DOCU, PTON, Zillow, etc) being very similar as the 2000s crash. But this wont happen until the fed starts raising rates and they wont admit it until they dont have choice.
U
by jackwheeler
BTC On Head ---------------------- BTCUSDT - Daily ---------------------- As Christmas approached, the money went out of the market. And we will probably still have more money coming out and the market will move sideways. And we will not have significant movement in the market. We may see movements in some altcoins. But not as an Altseason. Bitcoin seems to be completing the head and shoulders pattern. In this case, we will see the price move down. Of course, after a little upward movement.
by DisIts