I am definitely not going to win any popularity competitions with my comments and thoughts. But that's not the point when it comes to making money.
The main issue for me still in Crypto Land is the lack of realism. The image on the front cover was from a google search of "realism" I guess the confused face made my day. This is exactly how you need to be looking...
I was reading another trading book today and much like watching the dumb money movie the other day, it prompted me to write another post.
So, you may have heard the expression "the market is an Algorithm" whilst this is somewhat true, it's actually more a sequence, Ralph Elliott, Richard Wyckoff and Edward Jones knew this.
In simple terms, the larger operators...
I see this more and more, especially in the crypto space. There are some wild stories out there from turning $8k to a billion through to a Pizza for 10,000 Bitcoin.
Here are some home truths. Although most of you won't want to hear this.
You see, as a professional trader - there is 1 key factor, almost a scale balancing between too much and just enough....
I've been using Tradingview for just over 8 years now. When I initially started using it I was transitioning from using Footprint tools. I would use techniques that in essence allowed you to see inside a candle. Coupled with techniques such as "DOM" Depth of Market and Cumulative Delta. After a while you get to see some of this stuff without the need of...
The major issue with 99% of retail, is that they seek tops and bottoms. They watch a video or read a post and DIVE not knowing, or understanding some simple logic.
To be a successful trader you need a level head. As soon as you realise profits are made in a range and not by trying to time market tops and bottoms, there more you succeed. There are thousands of...
In August last year, I published an educational post around Fibonacci. There's also thousands of articles and books available on the topic. But how does it fit with being emotional?
Often people talk about Algos, smart money concepts and a load of other terms. All trying to make sense of the market, Fibonacci isn't magical or mystical. It's a set of simple...
I've written several articles around various educational topics here on @TradingView all of which have their individual application and use case.
This latest post will go into how you can identify key value areas, or what I like to call "Auction areas".
In essence these are areas or zones where Dumb money becomes active, often at highs or lows & usually in the...
Back last year I posted an educational post on the Wyckoff Distribution schematic I was seeing on Bitcoin. This was the logic behind the "Rocket Call" back last March.
It was knowing where to search for an accumulation (which it was not) or a distribution. There are a couple of tell tail signs outside of Wyckoff literature that can assist in knowing which is...
Not often do you get an opportunity to show a real world example of a text book move - live.
Here's a simple educational post showing the two major types of breaks of the trend.
This is the current price level as of the 24th of Jan 2022.
You can see this as a corrective break - the main reason for this, is that the chart is only the 1 hour, whereas if you...
Over the last year I have spent a lot of time on @TradingView writing up educational content, I have tried to apply drawings to my charts to express some lessons in simple yet easy to follow and understand walkthroughs.
Here's a chronology regardless of your experience and level.
Let's start with Psychology - this is the life and soul of the market, if humans...
Think of it like building blocks of a new form of communication.
Now in the vague sense, you could replace metaverse with cyberspace. And for you less technology versed people, think of it like "online" or "digital" a lot of the time the term will be referring to an array of various technologies.
Like most things in life there are pro's and cons to this -...
For the die hard crypto fanatics; you won't like this idea one bit. This is coming from someone who was Bullish from 2011, so don't shoot it down without giving it a read either.
You might have seen the film: Wall street, money never sleeps?
Well, in this film Gekko shows a chart on the wall of his apartment;
This chart shows the Tulip Mania curve, it was...
Why I use cartoons in my education;
After trading for 21 years, I really like to simplify my charts - when trading I tend to only use one indicator - and that is more confluence & confirmation than entry/exit.
What I find that works well, when teaching students, is visual. Getting the message over in a fun way - it is easy to remember the content. In doing...
I recently posted a timeline of Bitcoin events as well as record several videos on the current Elliott Wave moves around Bitcoin, DXY and a few Forex pairs.
Here’s a link to the Bitcoin timeline;
Looking back at the last 18 months or so now, I wanted to cover some of the significant events that have taken place, which would have had some (but not as much as...
So whilst most people just see them as lines on a chart, I don't find many people know how to calculate them or have any real strategy around them.
Here's an intro to Pivot Points;
Summary
Pivot points are used by traders in equity and commodity exchanges. They're calculated based on the high, low, and closing prices of previous trading sessions, and they're...
Over the last couple of months, I have posted several educational articles. This one is to show how some of the tools widely used in trading can actually fit together.
I wrote a post a while ago about Dow Theory and how it fits into most modern technical analysis.
Click on each link to get the in depth content from the posts
When looking at a trend, cycle or...
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Who was Fibonacci?
Fibonacci (1170 – c. 1240–50), also known as Leonardo Bonacci, Leonardo of Pisa, or Leonardo Bigollo Pisano was an Italian mathematician from the Republic of Pisa, considered to be "the most talented Western mathematician of the Middle Ages".
Fibonacci popularized the Hindu–Arabic numeral system in the Western world primarily...
Why I add drawings to my TA - mostly as I have time and enjoy entertaining on serious topics. Brighten up the world of @TradingView for you guys.
In the recent months since the Rocket call - (BTC Drop to 30k from 60k+) its been a slow steady burn on the weekly 3-4 move in terms of Elliott Wave. I have spent the time putting together some educational content as...
