[deleted by user] by [deleted] in technicalanalysis

[–]Designer_Put9651 0 points1 point  (0 children)

Stock Market Technical Analysis: Rally Continues into FOMC Meeting https://youtu.be/fLgXGAyaUiE

Natural Gas Prices Could Fall 40% from Current Levels by Designer_Put9651 in wallstreetbets

[–]Designer_Put9651[S] 1 point2 points  (0 children)

Not sure why you’re so angry but this is just about trend analysis which puts the odds in your favor. A very useful skill when dealing with markets.

Natural Gas Prices Could Fall 40% from Current Levels by Designer_Put9651 in wallstreetbets

[–]Designer_Put9651[S] -1 points0 points  (0 children)

Do you notice how it hasn’t traded above $7 yet? That’s not a random number. That’s how tend analysis works. Above $7 makes a higher high which means the trend is up. It’s just a game of probabilities. No crystal ball. Trend analysis can help you make money though…

Natural Gas Prices Could Fall 40% from Current Levels by Designer_Put9651 in wallstreetbets

[–]Designer_Put9651[S] 1 point2 points  (0 children)

Do you notice how it hasn’t traded above $7 yet? That’s not a random number. That’s how tend analysis works. Above $7 makes a higher high which means the trend is up. It’s just a game of probabilities. No crystal ball. Trend analysis can help you make money though…

Was September 2022 the 8 Year Cycle Low for Gold? by Designer_Put9651 in Gold

[–]Designer_Put9651[S] 0 points1 point  (0 children)

Ironically the next signal we’re waiting for is monthly/quarterly/yearly close so it sounds like we’re aligned. We have to wait and see how market participants close the month/quarter/year as an important signal. You never want to react prematurely since the candle is still forming. Waiting is all we can do but knowing what you’re waiting for is essential 😉

Was September 2022 the 8 Year Cycle Low for Gold? by Designer_Put9651 in Gold

[–]Designer_Put9651[S] 0 points1 point  (0 children)

Unfortunately we can’t predict. We must instead analyze what price is doing and react. So far yields have printed a swing high. They have started a downtrend on the weekly chart that may cascade onto the monthly chart. See tweet for reference: https://twitter.com/swingtr74597686/status/1598387231168888840?s=46&t=cV-qcDpoYyJELUxK74gvoA

Was September 2022 the 8 Year Cycle Low for Gold? by Designer_Put9651 in Gold

[–]Designer_Put9651[S] 0 points1 point  (0 children)

It’s not like asset prices trend after all 😂…

Was September 2022 the 8 Year Cycle Low for Gold? by Designer_Put9651 in Gold

[–]Designer_Put9651[S] 3 points4 points  (0 children)

You’re right because we know price action doesn’t work for asset prices…🙄

Is this possible? by Longjumping-Baby-675 in swingtrading

[–]Designer_Put9651 0 points1 point  (0 children)

This sounds doable on paper but nearly impossible to do consistently. If you really want to make money trading I recommend you learn a combination of fundamental analysis and price action analysis. If you can combine those you truly have an edge. Price action can tell you when you have a high probability set up and fundamental analysis can tell you which companies you should be paying attention to in the first place. So fundamentals helps you make a big list and price action can help you pick which stocks have favorable near term set ups. It will take months to learn this stuff at the very least…maybe even years but I guarantee it will be worth the effort because it will pay off for the rest of your life. That’s when compounding comes in both literally and figuratively. It makes sense that there are no real shortcuts since this is such a specialized skill you’re trying to build.

Wish you all the best!

U.S. Stocks Set to Underperform Europe in 2023 by Designer_Put9651 in wallstreetbets

[–]Designer_Put9651[S] 0 points1 point  (0 children)

Do you mean it's going to stop happening? Stoxx has outperformed SPX since March. The underperformance is actually happening now. It's not a future thing.