This is well beyond technical analysis - into the domain of human psychology.
In this video I theorise on exploiting FOMO - which is psychological phenomenon - instead of just being a victim of it. I look briefly at Ehterium as well.
An important thing for all markets is that the point of greatest fear is also the point of greatest opportunity.
Please note...
One of the big issues for many traders is simply patience.
In this video I'm showing how one set up could have taken 63 days to deliver around 500 points. What's the rush? Let the charts work for you.
Patience and discipline takes time to develop, of course. Do the time. Take the time. Let time work for you.
Sometimes a bit of judgement is required. But...
Trend following is not easy because:
1. Finding trends requires a high level of attention to detail.
2. Removing disbelief as an emotional response.
3. Having lots of patience.
I explain a few difficulties I've encountered.
In this screencast I'm looking both at the daily and 4H time frames on the JP225USD.
The daily is into a potential reversal zone based on my methodology.
The 4H is probably into a PRZ based on an ABCD pattern.
Stay lively - stalk carefully. :))
This is under the category of 'Beyond Technical Analysis'. It is about systematic risk i.e. something previously unrecognised that causes major upset in markets. What's *UFOs* got to do with this? Just about everything.
Your world has been built on a sense of security that we are alone in the universe. People's religious beliefs, their sense of who is in power...
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...
In the video I explain some of my methodology.
Overall I'm not one for shorting USDCAD. The safest bet - and I'm not taking it - is on the 4H time frame going long.
In this video I argue that there could be a limited price reversal on Bitcoin.
This is about people who missed out before the big pump, thinking or fearing that they don't want to miss out the 'next time around'.
So that lot pre-October 2017, are likely to jump in over the next few days or weeks. This is human nature.
Caution: I predict nothing! I'm doing...
In this video I look at some serious volatility in GBPSEK and how you can approach volatility differently.
Exotic pairs are very wild indeed. But fear them not. They can teach you much about how to take positions.
Sound quality is not great because I'm away from home, working on my laptop. Important things in this:
1. This is a parabolic chart in the last few months.
2. The uptrend on the weekly and daily time frames appear to show some weakening.
BoE Vote split comes in at 6 - 3
BoE keeps rates and asset purchases unchanged at 0.50% and 435bln respectively.
- Vote was 6-3 in favour of unchanged Bank Rate, unanimous for QE at 435B/APF at 10B
- Haldane, McCafferty and Saunders dissented, voting instead for a June hike
- Majority on MPC still reassured Q1 softness was largely temporary, but preferred to...
Lightning allows crypto users to create their own networks!!!
Lightning Network Developers
Andreas Antonopoulos lays down some fat truths:
Bitcoin Q&A: Misconceptions about Lightning Network
I wanted to share with you my plan for bitcoin trading today as well as introduce you properly to my cradle zone. It is a equilibrium point I trade from and it works on any time frame.
Text version of this video is available here:
Thank you for watching and please support by clicking like on this analysis, do the same for the text version in the link above. :) Like, follow, share and interact to help me stay motivated to keep these trending. Thank You!
My probability estimate for the south is 51% on a 12H to 8H time frame. My estimate is based on my own analysis and perspective.
I changed my mind based on new evidence and what I think is a more robust perspective.
It would be great to hear other perspectives. That's how we learn. Share and learn. I'm not here to be right or to make predictions etc.
I urge...
