'Everybody' - well nearly everybody - has forgotten about Silver. Warren Buffet hasn't. Look, why are the big boys always ahead of the rest of the markets? Think! In the screencast, I show how Silver is apparently itching for a breakout - in a similar way to Gold. If Gold pops above 1400 and stays above, expect big moves on Silver. There are only three kinds...
It is good idea to compare instruments to get a deeper insight into potential big moves. In this 3 min tutorial I show how to create four scales on the right of the chart for four instruments. To add instruments you use the compare button. Then us a drop down arrow on the instrument at top left to find Pin to scale.
Of course I've been shouting about Gold and Cryptos before. Why? Why?... some people wanna know what's going on. (TURN UP volume on speakers. Microsoft updates caused a problem) I posted on the big de-dollarisation war that was happening in the background months ago. I was also looking at the 'war index' in Lockheed Martin. The smart money has already moved...
The situation with the DJI is now crazy! Some say the more times price approaches resistance the greater the chance of a breakout. Some say the opposite. I've seen price fail to breakout after 9 hits on a support/resistance level (with other instruments). The DJI is now anybody's guess.
Well, well - 'everybody' (except me), is rushing madly bullish on the DJI, as there is now a 99% expectation that the Federal Reserve is gonna make not one but three interest rate cuts over the next 18 months. This post is relevant to risk management and trading psychology . The hard evidence is that rate cuts in the similar economic circumstances are...
Amma telling you lot - get ready for PLATINUM!! Avoid dithering. Look at the crazy structure level and support. Yes - price could fall out as well as it could break north. Nonetheless this is an opportunity for a controlled loss (aka stop-loss) on a lower time frame e.g. 1H to 6H. No guarantees - no predictions - no bull! LOL.
Bloodbath is not a derogatory term - it is commonly used in trading circles to describe a total catastrophic meltdown. Markets are about to panic for a number of reasons. As panic spreads there is usually precipitous fall in prices - as everybody rushes sell. 1. US-China trade war kicks into overdrive. 2. Tariff man has hit Mexico 3. Tariff man has squeezed...
This is a 6H chart of the DAX. Markets globally are heading south. Even the super-resilient Brazilian Bovespa is beginning to buckle. In this screencast I show what the price action is like for the DAX and why I think the market is exhausting. I may well be totally wrong - but I'll limit how wrong I am with an acceptable stop-loss. Three main issues plague the...
Oil has taken a a more decisive turn. I focus on the 4H time frame review other time frames briefly. My methodology is transparent and reproducible by everybody. I explain in this screen cast how I limit to what extent the market proves me wrong, but at the same time capitalise on when the market says I'm right in my probability estimates.
This is an update on Gold with a new curve showing probability broadly for the north. See my previous video on a smaller curve. The Theory of Curves is based on exploiting patterns in Chaos. Read up on Chaos Theory. The markets are pure chaos so it is every proper trader's business to know about it.
DJI is in a downward trend on the 1D time frame. But the trend south is not with great price momentum. It could be a slow burn down.
This is an out-of-the-dog-house trade! I say what I see which is a curve creating some probability for the north on GBPUSD. This is a 'Theory of curves' analysis. If the curve is right or wrong, the markets will tell us in a few days. For the moment I'm calling it. This is not a recommendation to go long. I only label the position as 'long' because that is the...
In this screencast I show some price action on the 1D time frame and move into the 60 min time frame that could be exploited. No guarantees. No predictions.
Wall Street (DJI) just dialled 666 i.e. 25666. Let's see what will happen! If you're superstitious, you may like this one. It's more about psychology than about technical analysis. Psychology rules the markets. To what extent we shall see!
You won't find much on this in traditional mainstream media outlets. They're usually late. Events unfolding in relation to the Strait of Hormuz are either hotting up or have already happened. I've been tracking LMT for some time. I couldn't understand the sudden pulse on daily shares on 23rd April. I had wondered if it meant war started but nothing was in the...
I apologise to the bears!! LOL. My technical analysis informs me that the bullish move that is obvious to everybody, indicates that $10,000 is the next probable way point. No predictions - no guarantees. Price could easily collapse however. So don't blame me if it does!
Tesla stock (TSLA) is right now at a strong monthly support level. Think! Everybody is gonna be watching this! Well, I mean everybody who is sensible enough to watch key support levels at higher time frames. I'm not saying that everybody needs to play monthly time frames. What I am saying is that the strong level of support creates good probability for a bounce...