/biz/ - Business & Finance

>>54304327
no, because the red line is currently slightly, microscopically, higher then the yellow line.

>>54304327
i don't know little man, but that chart looks a lot like the link/btc chart

>>54304327
I would say it's currently ranging between 4300 and 3600, so wait to buy at 3600. Sideways market, buy support sell resistance.

>>54304327
buy what? crypto has decoupled already

>>54304346
you can see what it is in the upper left corner
>>54304374
thanks lad. that's the kind of opinion I am interested in.

>>54304327
Stop using retail garbage like MA. Indicators especially. Get this shit out of my face. I don't know what type of trade you're looking for, buy what? Scalp, intră, day, swing, position? Just by asking this question without specifying shows your retail skill level.

Top down analysis first. Weekly to day to 4hr to 1hr for indicating order blocks, fair value gaps and looking for imbalances in orice delivery to 15 min 5 3 2 1 minute for optimal entry point. When price comes to retest the previous high, creates an imbalance, set a faur value gap after the swing low. Wait for it to touch the gap area and then use your fibbonsci levels to see that price is in an equilibrium area for short selling. Stop loss above previous sell side liquidity, take profit at previous lower low, that's day to swing. The reverse for a buy stop. If you don't understand anything out of what I've just said go study institutional trading, wyckoff or SMC. Stop being a retail monkey asking retarded bizniggers for advice. Most of the degenerate mongoloids here are fully long on shitcoins.

>>54304511
nothing wrong with being retail. please keep your overly generic sucker advice to yourself. I know what I am doing and I know why I am doing it. I don't need you to explain it to me. Thank you.

>>54304609
No you don't. You're using indicators like a first year trainee asking bizniggers for additional confirmation. You're a retail dumbass that just like everyone else here doesn't know what they're doing meanwhile I'm on completely naked charts looking at SMC price action in vacation in romania

>>54304327
No.

>>54304657
thanks, man. (appreciate your input)

>>54304609
Also I was gonna spoon-feed you what O would do on my charts but since you decided to be such a stupid bigger with "overly sucker" and your facetious garbage reply to me you can straight up go to hell buddy. Stupid monkey didn't even understand half of what I said talks down to me. Hurr brain too slow too complicated just buy support sell rezistance hee hee. You know what I'm gonna hedge against you right here >>54304374 because it aligns with liquidity hunts perfectly.
Enjoy the stop loss hunt you stupid dumbass

>>54304726
please stop talking to me.

>>54304511
lol SMC is retail idiot. Its just price action repackaged with fancy buzz words to make you think you're better than retail even though you literally are retail.

>>54304800
Stop speaking yourself, retail mongoloid. You're literally my liquidity, you don't get to act arrogant or tell me what to do. It literally is in our best interests to ensure the retail speculators succeed and I don't take pleasure in taking your money. If you're not going to learn anything then don't create threads asking to be spoonfed, I answered your dogshit retail question in a manner that your personal bias deserved. Do your own research. Now stop acting facetious and go waste your money in sideway channels like a moron.

>>54304866
SMC is used by retail for the past four years only and even that is less than 5% of institutional trading. The T2 price delivery system of the central banks and global institutions still operates on order blocks and high frequency algo. What do I know, just buy and sell within a channel haha

>>54304511
I can just use MA and say "no", unlike this long-winded fuck right here.

>>54304866
did the word 'retail' somehow change its meaning in the last few years? I do not understand how anyone can be under the impression that he or she is not a retail trader? (unless of course they are professionally trading for a financial institution - which I am sure no one in this thread does)

is this some new angle for a scam or something?

>>54305021
Yes. Selling trading courses to midwits.

>>54304991
you're just saying the same shit every youtuber and instagram influencer is saying. And no, you can find all the same techniques of trading based on stop runs, liquidity, institutional entry points etc at least as far back as the mid 90's. Not even saying it doesn't work as thats how I was taught to trade futures by an old timer irl who doesn't even know who ICT is. But your attitude is just gay and annoying acting like you are so elite because you don't use macd lol.

The MACD is clearly about to try to touch 4150 again, completing a head and boner pattern, which is bearisharino. But we haven't made that pattern yet.

>>54305013
>Using an indicator that tells you what has already happened on the screen as plain as day
The problem isn't only with the indicator, it's your reliance on it as a main confluence. Price action, delivery, vilume and time takes precedence, not indicators. Just read wyckoff you dumb niggers I'm not a coach with a course at the end of this. Ask more in the precious metal thread when you're done playing with kids toys

>>54305021
Retail is a contemporary term. Do you want to be called small speculator like in the 90s? I trade with commercials, that is my employment, the point is metaphorical not literal, you want to look for price delivery from the funds and institutional flow, not from speculator or commercial.

>>54305097
There is no course or mentorship in my post. I don't watch YouTubers and I don't care. If you do and watch this shit them that reinforces what I said earlier about you and maybe you should learn to be humble and listen. You're right that's exactly what I just said. You're completely hopeless and I'm done saying anything at all.

>>54305021
yeah they call themselves "smart money concept traders". They think they are super smart because they figured out what a stop run is, and they have religious beliefs about how one algo controls the entire market and they are the only people who have figured out how to defeat this algo lol. Even though 98% of them still lose money and they are a huge herd of retail group thinkers.

just wait for the pivot, this year

>>54305214
My friend I've guaranteed made more money than you on options and futures alone if you take your confluences from MA and macd. Now stop bumping your shit thread in the catalog already, You will be punished for your arrogance and then you'll crawl back to strategy hopping just everyone else instead of just reacting to logarithmic price delivery, which you can look out for yourself by looking at T2 T1 bank settlements alone. You are a more dangerous cult on your own by spreading misinformation thought ignorance and stupidity.

>>54305104
I honestly can not imagine how you get that from the MACD. I'd love to hear it though.

>>54305072
sure seems so.

>>54304726
>Get this shit out of my face.
>You're using indicators like a first year trainee asking bizniggers for additional confirmation. You're a retail dumbass that just like everyone else
and then
>your facetious garbage reply to me you can straight up go to hell buddy.
you were born a faggot and you will die a faggot.

>>54304511
text version of pic related

>>54305297
I don't use macd or MA confluences. Its not my thread. I know what you're talking about, I just think your attitude is elitist and gay. If people want to understand what you're talking about they need to start watching the market each day and start noticing what tends to happen over and over at certain times. But beating someone over the head with SMC terms without context is not going to help them, because they will just find it on youtube and start trying to pattern trade it and probably lose money.

>>54305214
thanks for explaining, man.

>>54305451
>attitude is elitist and gay.
100%
stoch RSI schizo makes 10x more money then this faggot.
where the hell is fritzz anyways?

>>54305377
That wasn't facetious, it was bantz to a greenhorn. Because I was once like you and then I read wyckoff instead. When you lose your 20% of your capital, educate yourself on institutional flow instead of asking bizniggers to point on a jpeg for you when to enter for a buy, how can you even begin to be arrogant here? Literally getting your confluence from indicators and then self doubting it and getting a confirmation from a literal shitpost and jpeg. You people have lost the plot completely.

>>54305449
My charts are blank.

>>54305451
I don't care, I lost a shitload of money and if you don't develop some self-respect for the time + money you've lost to shit stain retail, sorry... Speculator nonsense only then you'll know how it feels and why you want to absolutely destroy any semblance of this attachment that you hold onto. There is ALWAYS something new you can learn but you will defend your stupid nonsense to the end. I've been through your charts and learned enough, now it's your turn. If one of you came in here and told me wyckoff is garbage, I'd listen to you and backtest it. None of you even backrest anything past several dozens of hours and you're talking about gay and elitist. Don't take my word for it, go backrest and do whatever you want. I e back tested ma, macd,RSI, stoch etc etc etc, in Forex futures, options, commodities since 2013, it's all garbage. There is only logarithmic orice delivery and it doesn't give a shit about your indicator or your YouTubers or whatever the hell else you cope with. That is all.

Based on this chart, I would buy, at pre-lockdowns levels, which means QQQ below 10k, BTC below 9k, etc.

>>54304327
it genuinely looks exactly like the bear flag that was on btcs chart last year

>>54305556
>Because I was once like you and then I read the wankoff instead.
you were never like me.
you reddit tier spacing + wankoff TA.
>educate yourself on institutional flow instead of asking bizniggers to point on a jpeg for you when to enter for a buy, how can you even begin to be arrogant here?
you have the smartest people, in the world, gathered here, on this anime board, and you would ignore their insights, because it's not what institutions do or think.
and yet, you somehow think you'll get ahead of institutions, by thinking like them.
and then you call me arrogant.
>You people have lost the plot completely.
you're the only one who's 'lost the plot'.
ask question, you get good advice.
you want to make money, just do what /biz/ tells you.
yes, you do have to know how to read the room, or board in this case, which is mostly just disregarding faggots from reddit (you).
and you will ironically, be butthurt by this post, and still think you're more intelligent and you know something we don't.
you don't.

>>54305616
yes, I too think it looks like dog shit. thank you for your input, anon.

>>54305556
Here, I'll explain it in simpler words.
If you were ever in a position to hire a CFO, you want them highly leveraged so they're hungry.
This board is full of NEETs living off their precious autismbux and people trying to turn their $7.25/hr mcJob into $1MM.
and yet, despite their insatiable hunger, you would discount their perspective, because they don't have an institutional background.
your arrogance is maddening.

>>54305681
Smartest people? You're pissing in the pot now. You've got a guy here whose trading plan relies on indicators and his confirmation for a buy lies on another smartest poster pointing on a jpeg when to entry. You might as well be taking trade signals, talk about YouTubers earlier too. As a trader you have a trading plan and you executed, none of you have a plan, an edge, your indicators show no probability in relation to logarithmic price delivery and you are too cowardly and doubtful, as you should be, to place optimal entries. You don't even backrest or understand half of the things that you're doing and will continue on this way even after you lose money consistently
As fir the rest of the nonsense you've written, that's a very low effort bait my friend, I'll say it's cute you tried to pounce after I opened up about my personal experience but to me it's just funny to see you bark so much. In fact that tells me everything I need to know about you and te type of person you are. As well as all the rest mentally insane drivel you've written, my condolences to your dire measly situation. You're not smart and you will lose money. Significantly. When you crawl back to google 'institutional logarithmic price delivery' I know at least in that moment you'll remember how I and those that trade institutionally live rent free, in your head. That's how institutional flow works, it doesn't care about you or your speculatorul nonsense. Price action delivery is the only thing that counts, not your petty power antics, you either adapt or o the same thing over and over while never netting consistent %monthly/yearly returns. I made 9% on gold last year, 16% on futures, and 28% in my employment on indices. What did you do what did you do in your smart boy club, I've only been here a couple days and just from seeing you clowns go long on shit pins, that tells me everything I need to know. Be quiet and go backtest, I'll go do that too. Literally wasting my time here. Goodbye.

>>54304327
That is textbook accumulation 101.
You should be buying.

>>54306009
accumulation after 12 years of expansion? you sure?

>>54304511
>Stop using retail garbage like MA. Indicators especially.
Lmao yes goy just trade blindly. Trust me I'm an expert.

>>54306058
No. After the first dead cat, thats where accumulation begins. Bottom levels out, testing support 4 times (2nd time was a bit lower but that only proves its a test).
Pull that same graph with MACD, RSI, and PMO.
If you have TDI, use that as well. Especially since you're looking at the daily interval.

>>54304327
No. But based on this chart tho? Yes. It has an even healthier growth than S&P Lol

>>54306081
he's not completely wrong on this anon. Just a week ago I was gauging the predictive capabilities of several indicators in regards to (an aspect of) price prediction. Usually indicators, including the MAs, do not fare very well and have an absolute correlation coefficient with future prices of below 0.1. so yes, on a general scale basing your decisions on indicators is at best the same as doing it blindly, but in most cases it's 'trading for the wrong reasons'.

>>54304327
if you dont get a higher low of macd you're just gambling

>>54305957
>Goodbye
thanks, don't let the door hit you on the way out.

>>54306208
pajeet-anon, I appreciate your very topical shilling, but your chart doesn't even show growth.

>>54306153
thank, man. very insightful.

>>54306352
I really shouldn't have included the indicators on the chart.

>>54306294
>he's not completely wrong on this anon
he's not completely wrong because he didn't actually take a position or offer any prediction.
like a 1000 word vomit of 'that TA is bad, I get MY TA from institutions, like the wankoff, and it's much more complicated and better'.

>>54306427
oh fuck, I started googling his last post:
that guy literally made up words to sound smart.
(and yes, I actually tried googling first but after only finding information on what logarithmic price scales are, I thought maybe he messed up the wording ...)

>>54306589
I think he wanted a jpeg of a log chart instead. Linear makes him very mad

>>54306524
I think his position was 'I read Wykoff. I am enlightened'. "
But joking aside him saying that Indicators or TA (as usually taught on the internet) are at best useless isn't wrong.

>>54306589
At first I thought maybe he meant 'logarithmic price *discovery*', instead of delivery, and he was just too butthurt... but he wrote it twice.
which still wouldn't be common language, but yea, it sounds like he just try to 'appeal to authority' and get some attention.
which makes total sense, because redditors are attention whores + pretentious.

>>54306770
>logarithmic price *discovery*
Do you think he uses 'logarithmic' like other people use 'Quantum' in front of words to make them sound more science-y? Like "Quantum Price Discovery" or 'Logarithmic trading'?

>>54305957
Any tips, books, courses, websites you would recommend to learn? Thanks

>>54306863
he uses 'institutional' in lieu of quantum.
but yes. basically.

>>54306877
Don't take his posts seriously, he's a Redditor newfag who thinks he's solved the markets and is smarter than everyone else. Listen to the other anons in this thread, they're the ones actually making big money from trading.

>>54304327
Yes, i did, it's crabing because the FED is on, wether it will fall after they can't hold it anymore is irrelevant, most parts of S&P too big to fail, if it fall it will rise again
Basically, buy now and hold, if it fall, buy more

>>54304327
No, because the uptrend that began in October is arcing downward. So even if the October low holds, you can get a better price than 3946 within the next year.

>>54304327
I must leave now, but I wanted to thank all Anons who posted their take in this thread. No I didn't want to trade this chart, but I was interested in everyone's opinion. I mainly look at momentum and thought the chart looks like shit: We had a 12 year expansion based on financial injections into the market and low interest rates and the first break on this chart was when the Fed started increasing interest rates. Yesterday they announced their pivot on this policy. (More or less. ... also personal opinion).
Therefore I think the market regime will change over the next few weeks. I don't think much more can be said right now with sufficient certainty, but it sure is enlightening to see how everyone would have traded this market. Thank you. (also I'm autistic, I don't care if this post is cringe)