Hello, good morning, I want to introduce a simple strategy to those who trade in low frame time. For example, I'm on the Dow Jones chart for 5 minutes at a time frame Take a closer look at this backtest You must first find support and resistance levels In the next neighbourhood, be patient until the price hits that level Now wait for the first candle to form...
Throughout the history of the chart from 1915 to 2020, we see two similar situations as now on the chart: 1) 1930 (the beginning of the global economic crisis called the Great Depression). 2) 1966-1970 (Stagflation in the USA from the late 60s to the beginning of the 70s which grew into the oil crisis of 1973). Dow Jones Industrial Average. Which reflects the...
I do not trades stocks or indexes at all but technical analysis can be applied to any instrument so this is my view on the DJ Index. The DJI has had an incredible run since March 2020 (18183) to the high of 36855 made at the beginning of the year. What were the reasons for this? 1) Low to no interest policy of the FED 2) Optimism of recovery from Covid and...
ENTERTAINMENT PURPOSES ONLY Another super simple explanation of this strategy. Beautiful 50% retest of the Order Block before a 1:12RR move. Test it and tweak it for yourself!
Since January they all fall in sync as the Fed start to shift into tightening mode of policies.
All major indexes have reached new lows today and bounced back a little, Which shows sellers are strong..! on the other hand they bounce back a little and none of them even touched the middle of yesterday's candle, which shows buyers are not strong enough! I think any trader in order to be successful should have a predefined plan for trading! That plan must...
Hey traders today I wanted to go over what I believe are the best Seasonal Futures and Forex trades during the year. There are many markets that have seasonal patterns. Such as Forex, Stocks, Futures, and Commodities. Knowing the best time to trade to look for these Seasonal Futures and Forex opportunities will help you in your trading. This series on Seasonal...
Please watch the video to understand how this pattern shapes. A Head and shoulders pattern is described by three peaks, the outside two called left and right shoulders which are close in height and the middle is the highest named Head. A Head and shoulders pattern describes a specific chart formation that predicts a trend reversal or a price consolidation in a...
To increase the efficiency of your trades and have better outcomes, you need to monitor the market constantly. But how should you monitor a market with +10K tickers to find the best trade opportunities? Random Walk Theory and Efficient Market: Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other....
Hello everyone , as we all know the market action discounts everything :) I've prepared a video explaining the 6 principles of the Dow Jones theory , everything you need to know about the Dow Jones theory is in this video or if you prefer to read i got you :) The Dow Theory is a trading concept conceived by Charles H. Dow, an American journalist and founder of...
... you are in trouble! - Howard Marx In the late '60s and early '70s if you didn't own the Nifty-Fifty, there was something indescribably wrong with your portfolio - or you. The Nifty 50 stocks got their notoriety in the bull markets of the 1960s and early 1970s. They became known as "one-decision" stocks because investors were told by individuals such as...
In this analysis I'll be shedding light on my own theory on: - How President Trump's Covid-19 Positive news may impact the market - Similarities and differences in historic cases - Why Trump possibly announced his testing positive so quickly Trump's Testing Positive - Trump testing positive for Covid-19, 4 weeks before the presidential elections, is not good...
If you ever wanted to nail levels where market turns. This may be for you. I go over how the supply and demand strike zones builds up and keep you into trades. Hope you enjoy it and can be helped from it.
TVC:DJI is testing 200 MA, which is acting as a dynamic resistance. Longs may start to hedge their positions here.
Hello all, I would like to walk you through our system if you're curious to know how we look for easy buy and sell signals. The top chart is the Crossover strategy that we provide in our course. The bottom 3 charts are the ema dots a custom tool created by MLT. We have different settings applied to the bottom 3. What we really want to look for is when all...
The equity markets (SPX, NDX, DJI) should make a move on or before 1 June 2020. The chart pattern indicated a breakdown. A break is possible.
A similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years. The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a...
BITSTAMP:BTCUSD Bitcoin has never been correlated to nothing BTCUSD, 1M, price chart CC, USOIL, 20 CC, UKOIL, 20 CC, DJI, 20 When CC reaches 1, there is a perfect correlation. When CC reaches -1, there is a perfect negative correlation. When CC = 0, there is no correlation at all. Bitcoin has never been correlated perfectly, or perfectly negative...