In this video I explore how the US Dollar strength affects stock markets and the EURUSD.
When I was very new to trading I had not known about all this - and late in the game I wished that somebody would have told me sooner.
Shorter term bounces of the US dollar can cause traders to exit positions too soon.
Around this time day traders could find that...
I briefly mention the political situation in the world that affecting many stock markets.
I'm seeing wide swings on a daily time frame, whenever their is good or bad news.
Traders would be wise to avoid gambling in these sorts of volatile markets. Those with large accounts can of course take a position and ride out the volatility in following a trend.
In this video I give a few minutes of preview before discussing what I see on this weekly time frame. Bear with me as you'll see where I'm heading.
In the second half of the video I show how I estimate the big probability from the weekly time frame. I'm not interested in being right in this. That's not what I want to get across.
Whilst technical analysis is a...
In this video I look over a few indices and the VIX.
There is a problem i.e. the news is saying one thing, but the charts are showing something rather different. I look at some trendlines, channels and patterns. After many years in trading I'm no longer obsessed with the names of various patterns. The overall pattern is what interests me more.
The news is...
In this very first video I'm posting, I look at the 30 min time frame where some day traders tend to trade. I show 6 charts with high volatility and lots of spiking all over the place.
Yes there may be some visible and tradable pattern in these on careful analysis. However, the degree of volatility seen over the last two months may not 'respect' traditional...