SuperCycleBear

SuperCycleBear Updated 

Using Volume profile to isolate periods where the market completes a cycle (going from balance to imbalance) , recent price action suggests the end of the correction to the downtrend in bond prices. The spikes lower and higher bookend the period of treading water. Sell rallies above 121.15 looking for sub 120 (stop 122.16)

SuperCycleBear

Using longer term Auction Market Theory to construct longer term meaningful #VolumeProfiles can sometimes provide exceptional risk reward setups. One has just popped up in GSK according to my read anyway. Now price has returned into the longer term Value Area there's a very good chance price will return at least to the Point of Control (or even to the top of...

SuperCycleBear Updated 

The DXY futures going back to 1986 is available on TradingView and it gives an extraordinary backdrop to the seminal decisions likely to be made by the world's central banks over the next few weeks. There are 3 main distributions I am following but only the 2 larger timeframes are visible on the chart. A rejection of the 97 area to the downside is preferred but...

SuperCycleBear

Here's a Volume Profile analysis of 8 of his top picks. Just for educational purposes.

SuperCycleBear Updated 

Have to go back to early 2020 to find support at the Point of Control in TLT around 138.50

SuperCycleBear

Big picture the price action for Bitcoin is compellingly bullish however on shorter term time frames the picture is not as clear. The medium term (bigger) profile has a more Normal or Bell shape indicating a more balanced market, whereas the shorter profile looks decidedly "b" shaped indicating more sellers than buyers in the time frame since the Elon inspired...

SuperCycleBear Updated 

Gold has undergone a healthy correction in price over the last month or so, but now it looks as though we are moving into consolidation (or maybe even back into rally mode). The long sideways action prior to the recent sell off established a mature distribution to which we now seem likely to revisit. Good chance price will now gravitate to the old Point of...

SuperCycleBear

The clear "P" shape of the profile and recent news of high profile investors selling banks and buying gold miners suggest quite a strong opening this week in gold. I find the GBP gold price to be less prone to being pushed around by competing trading strategies that can muddy the USD gold price. Significant upside to above GBP1580 while unlikely, cannot be ruled...

SuperCycleBear Updated 

Coming into NFP (even if it is likely to be a rogue number) there will be a tendency to square up, which means gravitating back to the short term POC. In the GBPUSD that's around 1.3140. Buy 1.3115 Helping it is the fact we have just completed an 80/20 traverse of the value area - also suggesting a move back to the POC. Stop below 1.3110

SuperCycleBear

Looking at the XAUGBP market to give some clues as to the resolution to the standoff in XAUUSD. Price has come back to the POC at 1508 only to see the trading volume just lower puch the POC down a tad. Maybe nothing but could give a clue that further downside in XAUUSD may be afoot.

SuperCycleBear

Having reached the GBPUSD long term Point of Control (POC) at 1.3160 (ish) consolidation at least should be expected. Continuation to the top of the Value Area at 1.3430 is likely in medium term according to the 80/20 rule. A short term correction to around 1.2980 is still consistent with such an outcome.

SuperCycleBear Updated 

This move looks the real thing, having started from the long term point of control.