See the video. No more hear on the video. I'll just share my opinions, which is not advice. The DJI proves me more wrong more times than I am right. So what? The issue is about limiting how wrong I am - not how many times I am wrong. New traders - and I was one - struggle to get that idea right. Why? Because in ordinary life one is praised for performance by...
Switch NYSE:SWCH : Valuation: Price/Earnings: 576.09x Price/Sales: 10.99x Price/Book: 19.69x Price/Cash Flow: 52.83x Based on some of the numbers alone, Switch may not sustain its price above the gap ($20.28 to $22.96) in the coming months as inflation rises. If it breaks resistance and goes on a run to create a new high, thesis is broken.
Ok ...quick #BTC #Bitcoin update ! Current price is 41950.... 1.DXY already @ 99 2.World needs boardless transactions ! 3.More US regulation ...BULLISH 4.forget all TA .Btc bear market canceled ! Perfect time to buy. LONG Target1 : 150-180k ... Invalidation ? I guess ...under 29.5 k...you also have my downside targets 30k ,22k,18...if this thing somehow turns...
Really is an opportunity to go LONG on SWITCH, INC stock ? What do you think ?
This strategy would be seen as pitifully lazy to the active day trader, however, to the beginning trader, or the person who is otherwise occupied with life events, this is a strategy that is easy to duplicate. All you do is wait for the end of April or the beginning of May. This can be done easily enough. Then open up a chart, and find the MACD indicator. Wait...
Sharp ATR switches usually mean something for true trend followers. The chart shows an important 2H trend switch. As always, with trend following it's not possible to say whether the trend is going to end soon or whether it'll continue for longer. This could even be a minor correction in a daily trend, but how would you know if it's not the start of a new trend...
On Thursday 3rd Sept 2020, the DJI did an important about turn on the 1H time frame. Price collapsed 1100 points in one day (not on mid-point pricing). A correction was not unexpected, as many had known that the DJI was heavily overbought. As this is a trend-following set up, you will find no predictions . However, 1100 points was rather more than expected and...
Something major spooked markets all over the world today. There are loads of theories out there. For Technical Analysts, it doesn't matter too much. 'We' just need to catch the change in sentiment in time. The India50 - often called the NIFTY - made a massive trend switch - best seen on the 1H time frame. Big dumps like these usually see follow through - how...
NZDCAD(1D) rarely shows a very-sharp ATR switch. There are some interesting features in the price action which create probabilities for the south at this particular time. I've labelled this a potential short (note disclaimers below). If you short this, you have to be prepared to lose your stop-loss. I do not give advice - so nothing on stop-loss. If the...
After crazy run up on a 2h time frame, Gold has shown us a corrective move which I expected and warned about just a few days ago. (I apologise for sound quality. I recorded this from my laptop) There is an important trends switch on the 2h time frame but it is early days. Have a look but be careful. If shorting, avoid FOMO. Disclaimers : This is not advice...
This is a 1H time frame. The perspective is confined to this time frame only. There are no predictions on this chart. There is evidence of an important trend switch for the south, visible to everybody. Trend switches do not mean price is gonna fall. It only creates a greater probability of movement in the direction of the switch. For every probability in one...
I'm showing why I think Cable - GBPUSD is bullish. There are opportunities for the north on 1D, 6H and 4H time frames. There are opportunities for a shorting on the 1H time frame and lower. It all depends on the size of an acceptable loss.
In this screencast I explore the importance of the 4H ATR trend line in association with SqM switches. This is about taking early notice of areas where stuff may happen. The future hasn't been written as yet, and I don't do predictions. What I see is the chance of a 4H trend weakening, based on the historical a patterns of the DJI. If the 4H ATR flattens...
I explain why this is shortable - in a particular methodology. This is not a recommendation to short. If you short and lose your money kindly sue yourself. I explain the risks. No risk - no gain. End off. Your stop-losses must be affordable.
This is a short take. EURNZD has shown an initial sharp switch for the south on 4H time frame. Looking at the history of this time frame (over the period shown), this usually is followed by further travel. How far? I don't know. See chart snapshot below. But this pair is a very volatile one so don't expect it to go down smoothly - and there may be nasty...
I show a rare trend switch on CADNOK for the south on the daily time frame. This usually means business. CADNOK is a very violent pair to trade but potentially one that can deliver. Wide stops and big account sizes are needed.