CADJPY is a wild one. In this screencast I show long and short opportunities depending on how much loss one is willing to take and on which time frame one is operating in.
In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis. I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this...
I've spotted late this alternate ABCD pattern. Alternates are any pattern where AB=CD. There are the standard ABCD patterns that are well known. I'm exploring and learning from alternates to see what degree of corrections to expect. This set up is therefore observational only.
The Indians are looking weak on this 3D time frame. The theory of curves says (at the moment) that price is losing steam for the north. South is the greater probability estimate. Note: this leaves a residual probability for the north. Disclaimer: Lose your money and sue yourself!
The DAX is at a make or break position on the weekly. Some will see a double top others will see a triple top. No debates - the point is that these areas carry the least levels of randomness. Positions can be taken on lower time frames. Disclaimers: This is not an encouragement or advice to trade in securities. 70 to 90% of retail traders consistently lose...
Early notice for high vigilance on lower time frames. See this 3D channel.
Key levels like this with NVIDIA create a probability for correction. For every probability estimate we make in one direction there is residual probability in the opposite direction. This means potential losses. Lose your money and sue yourself! This is not advice to trade in securities.
Silver is at a critical position. This is an opportunity for a controlled loss.. Did I say 'loss'? Yes - I did. If you cannot afford a reasonable stop-loss - of your choice - do not go long on Silver. Those interested in the Gold:Silver ratio, may check out its importance in recent weeks (on the net). Note that silver is going at roughly USD $ 17.04 at the...
In this screencast I explore the importance of the 4H ATR trend line in association with SqM switches. This is about taking early notice of areas where stuff may happen. The future hasn't been written as yet, and I don't do predictions. What I see is the chance of a 4H trend weakening, based on the historical a patterns of the DJI. If the 4H ATR flattens...
This is a rare and exciting example of a bubble that popped. Testing the theory that the best time to buy is when there's blood in the streets, would anybody buy this stock now? Well I don't imagine many people would buy now. I'm not tellin' what I'm doing! This is not a recommendation to trade securities. If you take a position and lose your money, kindly...
This is an update on the biggest bull run in history. Watch out - the DJI could head for the moon, or hesitate (consolidate), or fall grudgingly before charging north or south. Eh? Like some people might have wanted me to make a commitment. I'm not doing it, cuz the whole thing is extremely ridiculous. LOL! Right - so this is only about possibilities and...
I'm throwing this up for discussion. The three key areas of the chart seem to show that a fall in the DXY is followed by sound recoveries in the S&P500. Be careful though, because I'm NOT saying that the weak DXY causes the S&P to rise like a phoenix. It's a community so I welcome different perspectives on this.
This is not a perfect head and shoulders - and it is rather unusual to find a perfect pattern. I say what I see: 1. One big H&S on GBPJPY (1D). 2. Price had collapsed south from the base, almost the distance of the head. 3. Price is re-challenging the base at an important structure level. There is an opportunity here for a controlled affordable loss (alias...
In this screencast: 1. I explore what Bitcoin and blockchain are - and what they are not. 2. I explain the similarities of blockchain to what banks do. 3. I show where there may be opportunity for a controlled loss*. * Those who follow me will have seen that I refer to controlled losses quite a lot because that is ultimately what trading is about. Overall,...
No predictions - only probabilities. Some say Gold is gonna crash. Some say Gold is going to the moon. I'm afraid to say anything!
CADNOK has make some interesting trend switches, that may afford trading opportunities. I explore the probabilities. This is not a recommendation to trade. Your losses are your own.
The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts. Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.
MNK is dead or almost dead. Often times there is a dead cat bounce in stocks like these, as 'everybody' gets the same idea to throw some money at it. This is a high risk scenario but with potentially good risk to reward ratios. Disclaimers : I've clearly said this is high risk. This not advice to trade in securities. I am simply showing what may happen from...