Gold is a truly different things with other investing objects.
After reach highest high this year, we can see how much fear and fragile ranging price above 2k.
Nowadays people realize more that somehow they can make a good investment on gold, but in the other side gold is not a thing that can used as money machine. They can have the expected benefit from gold...
~ 5w up ended 04/2008 and we are now completing 5 down into gfib; may even be complete.
Assuming 1 more leg down from 1M tf. Bearish unless invalidated.
When last wave complete, W1 of new 3M 5up beginning. Only question is: new impulse? Or ABC?
March 27:
got the oil price to drop we were looking for this month; bids catching sub-70.
In April want to see lower tf MS shifts, fuelling a rally over Q3+Q4 towards Wave B
Oil rally not good for mkts
Sun 03/27 ~
Got the rejection we were looking for off the “key” support and mkts pumped. Saw a HH into LL @ gfib; a setup for reversal. Next wave should form LH
Us govt reversed 2/3 of QT recently so could see weakness in 2yr over coming months
Rmb Bonds down, mkt up and vice versa
Hey family sorry I've been a bit MIA this week, things happen so we gotta get through and keep pushing!
Take a look into this #DXY mark up and see if you see what I'm seeing (/0.0\)
Trade well gang and keep moving that stop loss into profit!
Whats up guys and gals, thank you for tapping in with another icy DXY prediction. Not sure how long I will keep the idea of this mark up due to the fact that we have entered Q2... Let's see what we get!
Keeping it simple, I seen price action:
1. Support above old highs
2. Bullish imbalance
3. FVG on daily timeframe
4. Direction of momentum
Some simple yet...
Even dough the trade was amazing , there is always room for improvement. Here is what i learnd
1.if the markets (indexes) are green at closing, it doesn't mean there will not be a pull back, which can effect your trading position. and vice versa.
2. if you miss your entry, and the trade is going in the direction you calculated, use your trend lines for a...
Following from my drawback this week on having incorrect bias and entry, I decided to let the trade come to me and it planned out. My bias going into the day post news yesterday was bullish , given the PDL / PDH and the weekly high with the PDI ( Previous day interest) levels. I waited for a long impulsive green candle to form as a FVG and wait for price to return...
gj is still bullish on daily and weekly , i got messed up yesterday not following my own rules and got stopped out by crazy news but gj has kept taking sell liquidity but hasn't took buys out so i expect it to go higher
Thesis
Did not pay attention to TA at all.
Stock doubled in price today, causing extreme rise in IV pricing on options. Opened a debit calendar spread to take advantage of high IV.
Discovery
Looked at trending tickers for the day.
Correlation
N/A
Entry
+2 7.00C Feb 24 @ 1.48
-1 5.00C Feb 10 @ 1.61
(12.95 fees)
Net: -$148.95
Here is a graphic which...
Thesis
Closing price moved upwards past the baseline during the last few sessions. CLAMP indicator should have been yellow before entering this trade , but it is very likely that it will be yellow as of Feb 7th.
Discovery
FAZE was on my watchlist after looking at the screener. At the time I was looking for stocks that moved +/- a certain amount on the week...
UUUU has been trending between $6 to $9 over the last year or two. It seems like it hit a local top and I believe it will head back down. On Feb 6th it closed within the baseline, and I watched and waited for it today; I entered a short position around 1 pm and it retraced and went back up. It never actually closed past my baseline ; I should have waited for...
Thesis
Closing price has not moved past the baseline - this trade should not have been entered. However, the CLAMP indicator is yellow (positive) which indicates a forming trend. Given, the volatility of this stock, it has the potential to move sharply up. This feels like it was entered as a calculated FOMO trade.
Discovery
BTB was on my watchlist after...
Thesis
Crossed baseline recently, CLAMP is yellow (positive), correlation agrees.
Discovery
After entering a trade with BTB, I saw it correlated negatively to XOP, the oil and gas exploration etf. DRIP is a leveraged play on this symbol.
Correlation
+: BTB, XAGUSD, VIX
-: RUBUSD, XOP, UUUU
Because we entered this symbol due to XOP correlation from BTB,...
Trade Journal - HCMLY, Apr 8 (long)
Tracking
Apr 8
+ Went long 20 shares to have exposure to sand for long term thesis
- Again, converted it into a swing trade
- Again, did not enter based on TA
- TP was quickly hit, did not scale out
Jun 10
- Increased position size by 35. This is fine for DCA strategy, and might have been what I did. However, I made the...
Tracking
Nov 14
+ Went long 2 shares to have exposure to gold for long-term investment.
- Changed mind and did a swing trade on it instead
- Did not enter based on TA
- Stoploss was hit and did not exit position
- Did not have an ideal amount of risk for this position (position size too small)
Dec 1
- Hit TP and did not scale out
Dec 12
- Crossed baseline and...
Tracking
Nov 16
+ Went long 10 shares to have exposure to copper for long-term investment.
- Changed mind and did a swing trade on it instead
- Did not enter based on TA
- Would have hit my SL immediately
Dec 15
- Crossed baseline and did not exit position
Jan 10
+ Hit my TP and sold half, moved SL to break even
+ Kept adjusting SL as the TP was hit
Feb 2
? SL...
![BBBY: Trade Journal - BBBY, Feb 6 (short IV) [options]](https://s3.tradingview.com/y/yMUW8ZdT_mid.png "Trade Journal - BBBY, Feb 6 (short IV) [options]")
