This is a very wild instrument so be careful. No predictions here. I'm showing how I'm preparing for this one.
Well, I didn't actually lose it - but I could have had it, if I wasn't so STUPID! Don't be as stupid as me - think where the world is heading in terms of blockchain technologies. It's not all about bitcoin. Think Altcoins with in-built utility - that's where the next big frontier is. The time to look and think is now. This video is a follow up to my previous...
This is BEYOND technical analysis! YES - I'm saying that it's time to move away from BTCUSD, even though there was a big pump recently. Eh? Yes - although the market reacted in a way that I expected in previous vidoes, I'm saying that from an investment perspective: 1. It's too expensive 2. It's too risky. So why am I saying what I'm saying? You'll have to...
The video shows a contracting wedge into a zone of congestion. This is sometimes a reversal pattern. I make no predictions. I explain carefully about losses and risk management of this situation. Disclaimer: This is not financial advice or an encouragement to trade in securities. No liabilities accepted. Your losses are your own. This means you sue yourself...
In this video I show a key level of support for BTC. It coincides with a 3-day ATR trendline for the north. I'm not saying Bitcoin can't go south. I deal with a far bigger issue, where in the heat of a financial crisis banks close. This has happened several times before (and Google is your friend on this point). There is a lot of chatter out there from very...
BRACE! Anything can happen in the next few days. The DJI is at a critical zone on the weekly. 'Everybody' is waiting for more QE and lowering of interest rates. In other words the FED is likely to blow the bubble even harder. But there are crises in the bond markets and currency markets that weigh on this market. So fear is not just about stocks in the market...
'They say' when blood is on the streets, that's the time to get involved. I'm not advising. BTC is at a critical point. Investors could weigh in. There is yet another kill zone on the charts.
This is serious. Find out what 'REPOCALYPSE' is about. Protect your positions very carefully. Get real - I don't know when it's happening nor does anybody else. REPOCALYPSE is not just doom-saying stuff, though it might appear sensationalist. This is reality mates. Those who keep there heads in the sand and do not take protective actions will be flushed out....
I had flagged that the DJI and NASDAQ were in trouble some time ago. I told everybody to 'GET READY'. Some were hypnotised by POTUS's assertions that the American economy is doing "fantastically well". Yes he said so and I have the reference. The data on ISM that triggered this plunge/correction was not brand new information at all. It's only because the ISM...
Flag, pennant or wha'everrr.. this thing is pressure cooking to boil north! No guarantees. This is based on experience of these positions. Whilst the probability looks favourable for the north, note carefully that there is a residual probability for the south. WARNING : New and unskilled traders are advised to avoid this instrument. No guarantees supplied....
Look carefully. I'm not saying to that anybody needs to trade 3-day time frames. The point of this chart is to show that there is an overdue correction - and I don't know when it's gonna happen. Why? Cuz unlike many out here, I have no crystal ball - and I don't own the future. Elliott waves are not to be interpreted rigidly. Fibonacci does not tell markets...
What's moving this market north? Like the Fanny Mae fiasco back around 2008, the 'implicit guarantee' is at play. Go read up what that is about. In essence this is about an idea that the FED will bail out big corporations. The top industry analysts can find nothing of real substance in the fundamentals to move the DJI (and S&P) north. I explore the 4H and 1D...
Platinum has broken out and is now either consolidating or correcting. In this screencast I show how I approach it from a trend following perspective. Disclaimer : This is not a recommendation to trade securities. Should you do so, your risk and losses are your own. In other words sue yourself if you lose your money.
These two are called reversal patterns on GBPSEK. It is about the shape of the pattern. This is experience-based knowledge. This does not mean the most recent pattern is bound to reverse. This is not a prediction. It is a probability estimate. GBPSEK is a very volatile instrument which is much avoided. How strange cuz volatility is needed to make profits (and...
Those who have given up on Bitcoin - BTCUSD - could be soon in tears! There is an obvious consolidation pattern on Bitcoin. Loadsah people are listening to 'the news' instead of watching the price action - which is just fiiinnnne! Just to be clear the probability estimate is still 51% for the north at this time - which is not a prediction. That means there is a...
I review some of the potential moves on DJI and probabilities (not predictions) ahead. Importantly price has violently punched down through a daily investor zone. The weekly and daily time frames create probabilities for the south on lower time frames. This is both an opportunity and risk. Have a look and get ready. Disclaimer : As usual if you lose your own...
After a massive 8H trend down, EURNZD made a bounce north. Now there is conflict with a Daily trend heading south. I explore the probabilities. Have a look. Disclaimer : T his is not a recommendation to trade securities. Your losses are your own should you take a position. This means you sue yourself if you lose your money.
This is about HFT's and a counter offensive against market manipulators on the DJI. It is an unconventional and risky strategy. I share with everybody. But if carefully studied and managed can be quite profitable in relatively short periods of time, like a few hours. To appreciate and engage this: 1. Multi-timeframe analysis is a must. 2. Trend following...