1.2.20 MORE PRICE ACTION...and challenges ( and solutions ) regarding risk:reward. If you gave not looked at the previous video you should look at it as well because it relates to this video.
Some of the way I use 382's ( and other things ); Some of the problems with shorting highs and how I handle it.
Looking for a reversal, but I would not short the market. Would look to buy on a correction.
Hi all, I know i am abit late with the video feature but better late than neverrrr! In this video i have covered the key trading time frames and the things you should be looking out for. What would you like me to cover? leave your comments below and i will get back to everyone! :)
12.20.19 Oil Pound There is a great example of an expanding market.
12.19.19 Student senses Gold will break higher...and this may be true. I give my point of view...not to counter the student, but to add a slightly different perspective. Also (this is to my student...so don't read this ) when you are serious about a trade ( real or paper ) send me trade location, the stop, and the target...so we can work with it.
12.3.19 11am More happened on Gold from previous video today. At this point look for breakout failures in gold and the DXY. If you were a buyer, think about what knowledgeable sellers might be thinking...and vice versa when you are a Seller....and then adjust your target, your position accordingly.
More talk on price dynamics with gold. I think it is a decent, worthwhile video, but I ran out of time and the "probability discussion " is incomplete because the probability that this market will go higher and above that range box because of those two larger range green bars. I will elaborate on this in other videos. The point will become clear...which is...
Looking at structure and price dynamics on oil...through the eyes of buyers and sellers...with emphasis that you need to know where the sellers are if you are a buyer, and where the buyers are if you are the seller....and this is what helps you target realistic targets.
5 currencies compared against GOLD. I say no more. Watch the video - and if you disagree, say so and why with some evidence!
11.27.19 Yesterday I uploaded a video suggesting that the dollar was going higher. Today is the follow-up in a quick review of that market. Next I discussed oil and talked about ways of taking profit and scaling entries and exits to make more money with less risk. And then I took an example using the oil chart of how markets are really much more likely to benefit...
This is about my personal rejection of a few of the quotes ( i.e. Plan your trade, trade your plan ). How some price action is much tougher to trade and is much more difficult to hit bigger targets, or to have smaller stops ( example given...as I see it ).
11.21.19 Oil market expanding to the top of the range. Loquaciously working my way to a conclusion to how the market may behave today.
11.20.10 DXY Gold Oil: a look at reversal strategies factoring risk vs reward...including early risk vs risk from stater entries...and effect on ability to stay with a trade. Talked about 135 patterns.
11.19.19 A look at that complex, currently ambiguous relationship ship between the dxy and gold. I did not have time to say that I think the gold probably will go lower based on the price action and the recent correction lower followed by a weak 382 correction higher, but it also has too much risk if you use structural stops. I didn't get to this because I spent...
Who knew that a coil could be the source of so much misery.? A look at oil and DXY/Gold with respect to coils and how this can generate stress and counterproductive trading decisions.
Follow up; some price action talk. Caution with NWL.
Most traders are familiar with the experience of sitting on trades for large periods of time without realized losses ( the market hasn't hit their stops...and the waiting is VERY stressful ). Recognizing that markets move in a way that drives traders to a scalping type of trading...and this can keep you from capturing the benefits of trading swings...if you could...