I've been a @TrendSpider user for almost 2 years now. Time flies when you're having fun.
Here are my top features & tools from the platform I use every day when doing my technical analysis on charts.
🧵👇🏼
1/ Alerts
This is the number one feature that is critical to my work. I can't watch every single chart on the screen at all times. When I find a trade I like, the first action that happens after charting is setting an entry alert. In addition, I set alerts at my targets as well.
2/ Dynamic Watchlists
This is my starting point for my weekend work. It helps me clarify what I will be watching in the coming days. The secret sauce is the dynamic lists you can generate off of scans.
Every trader has a method & part of my core process is scanning. @TrendSpider makes it easy with pre-built scans at your fingertips. They also allow you to build your own custom scans that you can then turn into a watchlist. POWERFUL.
Raindrop Charts are designed to let you see what’s happening in the market by visualizing price & volume together. Providing a clear snapshot of supply and demand.
They offer huge insight as to where other traders are buying 📈& selling 📉.
Developed by @alphatrends, this is one of my favorite on-chart tools. It was very exciting when it first came out. You can now auto-anchor on a number of candles. My favorites are the year to date (YTD), gap, swing high & swing low.
Good morning all! I have lots of charts to post today and tomorrow showing levels for entries & targets. Show me some love by liking and retweeting this post and I will start releasing them.
♥️🔁 = 📈📉📊
$ROKU $LTHM $HUT $GME $FCX $DDOG $AMC $AFRM
Just as a reminder, if you want to see all of my charts in one place, head over to my Instagram page.
It's built for a niche audience, but what if you have multiple interests like me. Do my #Fintwit followers want to see my cooking pics? How about my writing followers, do they want to read about Cryptocurrency?
The answer is, maybe. But what if you could tag your posts so your followers could filter what they want to see & read.
Twitter has been experimenting with new ideas of late.
• Fleets, what the hell was that.
• Revue, ok, this makes some sense.
• Spaces, cool knock-off of Clubhouse, it works.
• Super followers, what are we, Marvel?
Goals are what you want to achieve. Systems help you get there.
You don't rise to the level of your goals, you fall to the level of your systems.
Winners and losers have the same goals, it's the process that separates one from the other.
2. Osmosis
The quality of our life depends on the quality of our habits. Surround yourself with people who have good habits that you want to incorporate into your life.
1/ $PLUG Plug Power Announces Execution Of Definitive Agreement To Acquire Applied Cryo Technologies; Terms Not Disclosed
Plug Power Inc. Signs LOI For 50-50 Joint Venture To Build Gigafactory In Queensland, Australia.
2/
$CAT Caterpillar Inc. to Announce Third-Quarter 2021 Financial Results on October 28
$FUTU Futu Holdings shares are trading lower following a report on Nasdaq's website titled 'Chinese online brokers Futu and UP Fintech face regulatory risks - People's Daily website.'
Elliot Wave Theory (EWT) is a form of technical analysis that traders use to analyze financial market cycles & forecast trends by identifying extremes in investor psychology and price highs & lows.
It was developed by Ralph Nelson Elliott in the 1920s. He realized that markets moved in "waves" or cycles of peaks and troughs. Elliott Wave can be very complex due to the ruleset, I plan to go over the basics in this thread.
Impulsive and Corrective Waves
These are the two types of waves. Impulses are uptrend waves. Corrective are consolidation waves. Being able to identify which wave we are in is a market edge.