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Looking to get long after coming out off weekly demand .... breaking LTF MS but we will see p.a as we come into the zone and then take a trade around that i like to see p & e candles
This video is an update to the previous one on avoiding being flushed by the 'Economic Colonic'.
There was some amazing price action today. Check it out!
In this screencast I show how I attack the US30. It's very different to what you see 'out there'. This is about a robust and real trend-following methodology. And not - I'm not selling anything! WYSIWYG. Totally for free! Everybody deserves a chance.
Reality has come home to the markets - globally. There is a mega trade war on at the moment and it has been for ...
One more Comment,
Strong USD is worth investigating today, the US Wall Street 30 Index trades at 25259.5 level today, which is below yesterday's close , If you bare in mind the strong up Trend (view chart above), as well as the fact that we got 4 consequent up days the following summery should be considered,
summery: Based on our trend following strategy we may ...
I'll say no more here. Drop me a line if you have further thoughts.
The bull run today was strong but there are other things happening. I say more in the video.
Do share some thoughts/perspectives. It's good to learn from others. Best wishes.
I'll say little here. It's all in the video. Note this is a very different situation, it being parabolic.
I say this is a parabolic war!! Bitcoin taught me a lot about this. Well, I say the US30 is a parabolic situation. If they don't wanna play fair, why should I approach the market with conventional weapons?
No! This is a strange war. So - I'm not gonna play by conventional rules. I don't think that's gonna work.
Overall in trading, the issue is not winning a ...
I'm out here again stalking my prey. Just sharing a few observations.
The markets are there to prove me wrong. No predictions in this.
There is a resistance ledge that seems to be failing on the weekly time frame of the US30.
Why do I think it's failing? I see three candle wicks in the ledge, which informs me that there is serious bear pressure in what is a bear market (at this time). Am I saying it is going to fail and go south? No - I'm not saying that.
What I am saying is that the greater ...
The video shows the picture, so will say little about this here.
In this video I explain how I look at some price action. I hope it is of some use to new traders especially. I'll say no more in words here.
Best wishes to all new traders.
In this video I look at an interesting compression on the 15 min EURUSD and quickly review a critical price position on the US30.
This follows up from my other videos.
A strong EURO is not great for the Ger30, so if it strengthens around now, there could be more bearish pressure on the DAX.
The DAX tends to rule the worlds markets and has not suffered as ...
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 ...
Financial news is something I avoid in general. However, the major events in the news like talk about war is one that I pay attention to. Wars generally sends markets south for a few weeks to months.
The markets have been very nervous of late as there has been the beating of war drums, to launch an attack on Syria. I'm not interested in whether there will be a ...
In this video I show what I think is a pattern that creates a greater probability for the south.
I explain more on how I draw my trend lines, which may not be what the gurus teach people to do.
The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily.
I'm not saying the pattern will break soon. Price may ...
Wall street and many other stock indices are at critical positions.
In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session.
The GER30 is in a critical position and fighting hard to stay afloat. It rules the world.
In general the GER30 does not like a strong EURUSD. And the US30 does ...
3-minute video. I look over a number of trends on various stock indices, pointing out some interesting situations.
The challenge with trend lines is to spot them early enough and to believe your own eyes.