We're all here on TV for the same reason, to become better traders and to make money. I came across this tip not too long ago and found that it really helped me read the price action better within pennants, so I wanted to share it with the community. Pennants form after a strong movement in price (either up or down) where the price bounces back in forth in a...
Parabola exists in almost everything. The boom and bust cycle always exist even things that is not related to economics. So, it is important to understand the existences of Parabola and how to make money from Parabola. Looking through data of hundred of stocks and assets for the past hundred years indicate the presence of Parabola or Parabolic Move. For...
It is mind boggling for me to see how many people just don't get it when it comes to capital flow. They don't look at the trends and seeing things that are obvious. In fact, they would rather try to time the market precisely and try to "short the top". They said that this is a bubble, the bubble will eventually pops and only Gold will go up. Well, Gold has been...
Crisis or crash will happen from time to time. However, the funny thing is, human psychology is so fixated in "Avoiding the Pain" versus "Taking the Opportunities" when it is presented. Why people like Warren Buffett are the richest people in the world? Despite not using any form of technical analysis? Because fundamentals matters and capital flow matters. Yes,...
Dow will eventually hit 40000, that's a conservative 50% rise from current level of 28000. That is not crazy, that is within norm. Remember Dow Quadrapled in 4 years from 1925 to 1929. Dow Tripled in few years leading to 1987. and the did another quadrupling for the next 10 years into 2000/ So, going quadrupling after 20 years from the year 2000 is...
Here i show you a simple trading stragety on a 2 HR Chart. So only a few trades in a month. Trading Long if you have a high high anmd trading short if you have a lower low. 10 Trades + 330 + 60 + 400 - 270 - 45 + 30 + 45 - 110 - 190 + 250 6 Gewinner + 1115 Points 4 Verlierer - - 715 Points SUMMARY 400 POINTS with only 4 times a day to watch the...
Hello traders I. Wisdom of the day I heard a lot of trading saying that trading INDICES (CFD) is only interesting when the USA wakes up. Nothing could be further from the truth... It's not common knowledge that the DOW JONES/SPX500 often give an interesting move when the Europeans wake up. This interesting trade often happens between 6:30 and 8:30 am...
Short sellers continue to get rekt by shorting a "Bull Market". Warren Buffett has shown to us time and time again the only way to be rich and be super wealthy is Long Term Investing. Short term traders are not in the top list and will never be, because market timing and trying to short a never ending bull market is a pointless things to do. Eventually market...
Here is a graph of every lunar cycle that has occurred so far in 2018. The grey circles are full moons and the white circles are new moons.
I messed up with the dates on my last post, here is an updated one
The S&P500 market has started the end of a 100+ year 5 wave cycle, if this is correct we are now at almost the top of a 5 wave cycle which can end in the very near future. If this is true we are at the start of one of the biggest, if not the biggest market crash in the history of the S&P500. A correction of 5 wave cycle is usually 61.8% of the entire 5 waves, if...
USA30, Daily On the third Monday of October 1987, Black Monday, as it became known in the financial markets, happened. October 19 1987 saw the largest single-day fall in global stock markets, and the Dow Jones Industrial Average (USA30) also fell a record 23% in a single trading day. In Europe the UK FTSE100 (UK100) fell on the Monday too but worse was yet to come...
Here is a simple strategy, or at least something to help build a bias. I have not looked that much into it but I checked charts and it worked ALL THE TIME FOREVER AND EVER. I did not want to share anything lately, but seing how idiotic the cryptoers are, how there have been a new bubble every 5 years for the past 400 HOW ARE PEOPLE THAT STUPID HOW DO THEY KEEP...
Markets are more predictable than we have been led to believe. Here we are going to examine the 9 year cycles found in the Nasdaq composite. This is a follow-up idea from my previous idea which was Lesson one in Market Cycles in the DOW JONES INDUSTRIAL AVERAGE. Please follow that link for a more detailed explanation on this. In the Nasdaq we can see...
Here is a prime on Dow Theory to help you get on the right track. Charles Dow was an American journalist. He founded the Dow Jones & Co., created the Dow Jones Industrial Average (DJIA), founded the Wall Street Journal and created the Dow Theory, the basis for technical analysis (which is the important part for us). All in the XIX century. I will use the Dow...
Its worth considering what market cycles can tell us about when this run will end. I won't (can't) explain the logic behind cycles, but they appear in every aspect of nature, which includes human behaviour. Seasonality is a well known example. Using the Dow Jones as a barometer, its clear that there were 7 years between the 2002 and 2009 lows. We can't...