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Quick Question

I just want to preface by saying that this charting platform is insanely good. The UI feel is incredible and I am considering of switching from tradingview to this platform for charting. I am adding some moving averages to my chart and I can't help but notice that I can see the moving average labels on the price scale and it's a bit annoying. Is there a way to turn it off? Also, is there a way to hide my list of indicators? I have a pretty long list now. Thanks in advance! 

Quick Questionimage
Quick Question

Victors Trading Blog 04.07.2024

It's been a while since my last blog as I'm in the process of moving from Thailand to Indonesia and spent some time with my family in between. But now I'm back! 

Victors Trading Blog 04.07.2024image
Victors Trading Blog 04.07.2024

Formation

 Es besteht aus 3 Tops mit einem höheren Hoch in der Mitte, dem sogenannten Kopf. Die Linie, welche die zwei Täler verbindet, ist die Nackenlinie. Die Höhe des letzten Tops kann höher sein als das erste, aber nicht höher als der Kopf. Mit anderen Worten, der Preis hat versucht, ein höheres Hoch zu machen, ist aber gescheitert. Je näher die beiden äußeren Tops am gleichen Preis liegen, desto genauer ist das Muster.Wenn eine Kerze die Nackenlinie durchbricht und unterhalb dieser schließt, ist das Muster abgeschlossen.  Das Ziel kann geschätzt werden, indem man die Höhe des Musters (von Nackenlinie bis zum Kopf) misst und dieses nach unten projiziert. Übliche Stop-Level befinden sich oberhalb der Nackenlinie oder oberhalb der rechten Schulter. Eine weitere Methode ist das der Stop an der 50% Strecke des Kopfes gesetzt wird. Dies verbessert das Chancen Risikoverhältnis. 

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Formation

S&P500/Nasdaq 100: Detour likely

Both the S&P500 and the Nasdaq100 have attempted a direct trend continuation, but failed in the last trading week. This has significantly increased the probability of my primary scenario. However, the upward trend in both indices is clearly intact, the only question is whether the bottom is already in at the 10-week average or only at the 30-week average. Looking at the CNN Fear and Greed Index and taking into account that the normal summer lethargy does not tend to occur in election years, I also believe that a volatile sideways movement is likely, in which the shares within the indices develop quite differently. This is because the "fear indicator" is still far removed from "greed" and therefore also offers potential for increases in the coming months.

S&P500/Nasdaq 100: Detour likelyimage
S&P500/Nasdaq 100: Detour likely

Bitcoin / cryptocurrencies - 84,000 or 44,000 US dollars?

Nervousness on the crypto market is on the rise. An exemplary double top has formed, which will be activated if the price falls impulsively below the USD 56,000 mark and sets a price target at USD 44,000. At the same time, Bitcoin is in an upward trend. As long as the USD 56,000 mark holds, my direct bull scenario remains in place. Below this level, an attractive scenario for me is activated. If this upward trend is tested and holds, I see a direct impulsive scenario. For some traders this is of course fatal and they will panic. I would like that very much because it would clear the market. My portfolio is invested and of course this would have a very negative impact on the current value, on the other hand it is also an opportunity for me to invest in shares in this sector, for example, which would then probably also be available for sale.#Bitcoin #cryptocurrenciesHashtag#cryptoHashtag#BTCHashtag#portfoliomanagementHashtag#altcoinsHashtag#coaching

Bitcoin / cryptocurrencies - 84,000 or 44,000 US dollars?image
Bitcoin / cryptocurrencies - 84,000 or 44,000 US dollars?

Nike - Chance fürs Dividenden-Portfolio

Die Kunst ist jetzt natürlich den passenden Einstieg in den Markt zu finden. Ich behelfe mich mit einem Chart auf Wochenbasis, welcher derzeit die Möglichkeit eines Wolfsmauls bietet.  Ein Wolfsmaul besteht aus 5 Musterpunkten und die Linen stellen Signal und Zielbereiche der Kursbewegung dar. Für ein Signal im Wolfsmaul, muss die untere gelbe linie gebrochen werden und anschließen in einem Reversal erneut die Signallinie in unserem Fall von unten nach oben durchdringen. 

Nike - Chance fürs Dividenden-Portfolioimage
Nike - Chance fürs Dividenden-Portfolio

RIVIAN

Zum einen ist dort ein sogenanntes Black Swan pattern vorhanden, welches in der technischen Analyse für eine Trendumkehr steht. Die Zielbestimmung dieses  Harmonischen Musters geschied typischerweise in zwei abträgen.

RIVIANimage
RIVIAN

How the Magnificent 7 and tech companies are transforming the old economy

How the Magnificent 7 and tech companies are transforming the old economy In the current phase of digital transformation, we are seeing a significant redistribution of capital in the global economy. My recent cartoon (source of course ChatGPT) illustrates how the so-called "Magnificent 7" - a group of leading tech companies - and other players in the tech industry are siphoning off massive amounts of money from traditional old economy companies. This dynamic is further intensified by the increasing importance of artificial intelligence (AI) and other innovative technologies. The old economy, consisting of traditional industries such as automotive, mechanical engineering and consumer goods, is being forced to invest huge sums in digitalization and the integration of AI technologies. This need for transformation is unavoidable in order to remain competitive in the modern, technology-driven world. The tech giants play a central role in this by providing not only technological solutions, but also the necessary expertise and infrastructure. So at the moment, company profits are moving in line with share prices, so no bubble yet, or what do you think? There is also good research from Goldman Sachs that underpins this development once again with figures.

How the Magnificent 7 and tech companies are transforming the old economy