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Aneesh Philomina Antony
@prodigal_trader
, 3 tweets, 3 min read Read on Twitter
Divergence in ADX

It’s perfect to measure the losing strength of a stock which is in lengthy correction mode in daily chart provided its very bullish in larger TF like weekly. @PAVLeader @RajarshitaS @sanstocktrader @Abhishekkar_

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@PAVLeader @RajarshitaS @sanstocktrader @Abhishekkar_ thread 2/3

its less popular version of divergence compared to the momentum divergence (RSI, Stoch....). Here the method is less popular because of its limited application. More often than not it works only while stock is in downtrend. ADX divergence in uptrend doesn’t mean much
@PAVLeader @RajarshitaS @sanstocktrader @Abhishekkar_ thread 3/3

It doesn’t give perfect reversal point. Bt can be used along with other tools to gauge the losing strength of present fall.
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Aneesh Philomina Antony
@prodigal_trader
Why 4hr time frame should be avoided?

@PAVLeader @RajarshitaS @Abhishekkar_ @sanstocktrader

There is a practice of using 4 hr TF charts for stocks/index. This is completely wrong and unknowingly those who are the exponents of this misleading new TA practitioners

thread 1/10
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. In charts abv, when it is kept in 4 hr TF, now the first candle of the day contains 4 hrs price action while the EVERY SECOND CANDLE TAKES ONLY 2 HOUR 15 MINUTES (!!!!!) OF PRICE ACTION as that is the time remaining in the day before mkt closes.
thread 3/10

Candle doesn’t take price from the next day to fill the price action to complete 4hr. instead , by default, all candles has to be “intraday” candles as long as the time frame is kept below daily.
Read 10 tweets
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Aneesh Antony
@chemletters
thread 1/11

Pyramiding (scaling into the winner) - most important concept in trading

@PAVLeader @piyushchaudhry @bluechips4u @candleseye @sanstocktrader @Neha_trade @RajarshitaS @Abhishekkar_ @harrie007 @purohitjay @scorpiomanojFRM @rajenvyas @
thread 2/11

Pyramid trading means scaling into a winning position. ie; additional entry in order to add to an existing position after the market makes trending move in the favourable direction
thread 3/11

Principle is;
When u r right – make the winner into huge winner
When u r wrong – make to loser as thin as possible
Read 11 tweets
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Aneesh Antony
@chemletters
thread 1/8

Least concerned yet the most important 2 aspects of candle patterns are;
1. Psychology behind the pattern
2. Location of the pattern formation
@PAVLeader @RajarshitaS @sanstocktrader @Abhishekkar_
thread 2/8

Every bar we see is the result of a battle between bulls and bears. If we see a green bar, it doesn’t mean that there were no bears then; simply its that bulls were able to overpower the bears in the bar.
thread 3/8

If a trader is able to correlate the pattern being formed w.r.t. the psychological aspects of the force behind making it, he/she would be empowering himself ahead of his/her fellow traders. The picture below would give a brief out line abt the same.
Read 8 tweets

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Boris Schlossberg
@Fxflow
Weekly Technicals for July 8-12, 2019
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mcm-ct.com
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Well, this is not going to end well...

$VIX is trading at the LARGEST ever discount to its Realized Volatility reference calculation...

Corporate Credit is trading at the 2nd largest divergence to #SPX ever (other than Sept high)
Speaking of $VIX & $VXO check this out. $SPX is shown inverted in this chart & looks awfully bullish plus there is TONS of convergence at 2600
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Traders8
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#Chapter2 : Trend Trading .

Traders first priority is to take a trade basis the trend. Trend in simple terms means, following the direction of the Market.

Which also means, being with the forces who create the direction, who drive the prices, who move the market, SmartMoney.
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Traders Small or Big who buy or sell in large quantities and have the money power to play with prices by buying or selling at important price points.

They decide if the Price is Undervalued for a Buying Opportunity or Over Valued for Selling Opportunity.
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They have the power to hold positions and keep rolling it over for Years or Decades if they decide to do.
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Ichimoku Scholar Ⓥ
@IchimokuScholar
Good morning.
This thread will review BTCUSD from the Weekly chart to the H4. The emphasis is on assessment of trend conditions to inform longer term/position traders. The analysis is not aimed at scalpers/very short term swing traders. Terms below.
W1 Resolute Bear
The weekly chart is resoundingly Bearish. Chikou below price, price below Tenken-sen, Tenken-sen below Kijun-sen and all below a thick red Kumo). However, price is clearly extended (40% below Kijun-sen) and is attempting a recovery.
D1 - Bullish bear
Price has rallied this week and has breached and retested the Kijun-sen. I will be anticipating a TK cross and price testing the flat Senkou-span B. Given the weekly outlook it is proper to look for shorts on weakness at resistance.
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mcm-ct.com
@mcm_ct
#Chart #EXTRAVAGANZA

Please read the whole thread - will start posting now...but eating dinner so will take a while to get the 30 to 40 tweets done

/1
Given the two crashes in one year and the recent #FANG blow up...how much cash do you think Mutual Funds are holding? How about the lowest ever!

More over their allocations to Stocks remain among the highest ever.

/2
And how are those stock/equity investments postured?

We’ll very precariously as #NYSE and #Nasdaq #Composite show...completely stopped at major resistance...not only that there is the breadth question which we will address later and is terrible

/3
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Cyrus Toulabi
@CyrusToulabi
#CORRECTION: Maria Butina was NOT CHARGED BY MUELLER.

The investigation and charges were brought by DOJ officials, not related to the Special Counsel.

The Washington Post has reported this correctly in the past.
The Washington Post knows this...

"The case, which is not part of the special counsel investigation into Russian interference..."
washingtonpost.com/local/public-s…
#UPDATE: Looks like the @WashingtonPost has updated their headline to reflect the fact that Butina was NOT charged by the Special Counsel.

(Only if you click the link...not yet in the preview on Twitter.)

washingtonpost.com/local/public-s…
Read 3 tweets

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