I think we are nearing the end and just like the Federal Reserve help to put the bottom in in March of 2020 I think they are going mark the top in at the end the this year making (2021). How the mechanisms work in short. At this point in a long-term economic cycles you seen the financilization of everything near the end of the dominance of economies that only...
The concept of numerology is most often not taken seriously for obvious reasons. Most principally, it is because it doesn't make logical sense to the human brain. The human brain (of those rooted in western culture, at least) is more attuned to Newtonian logic, structured systems, or the stamp of approval from some poorly run university journal than it is...
As in life, the questions you ask will determine the answers you get when it comes to trading. We live in an age of "instantism" - we have been conditioned to believe that faster is better – faster price executions, faster trading, faster feedback, faster news, faster food, faster everything! And this need for speed has been translated into trading. I know whereof...
We know for a fact that moving averages of closing prices are notoriously inaccurate. My variation on the moving average concept, which uses eight SMA close versus eight SMA open is, in my opinion, a better way to go. Here is the six-hour chart of S&P futures showing signal turns in the eight OC "relationship. No, it's not perfect by a long shot but it does have...
We all know that moving averages, in particular, moving averages of closing prices tend to be highly inaccurate indicators and frequently miss major tops and bottoms. In backtesting, they tend to be accurate some 30 to 40% of the time which is to my way of thinking unacceptable. On the contrary moving averages of opens versus closes for highs versus lows, when...
On EURUSD, a downtrend channel has been forming for many weeks, going from 1.21 to 1.15 (lowest level reached) making thus on its way LL and LH. However, price can still break outside the channel, and we will be looking for buy setups around the support after a serious break of the previous high. Best way to enter is to wait for the right timing Best of Luck ~ Cyril
One of my favorite indicators for short-term trading as well as longer-term investing is the 8 open/close relationship. As I have explained it in previous postings the concept and the coding are incredibly simple. We are looking at two moving averages eight SMA close versus eight SMA open. The concept makes sense logically because in a rising market there is...
It's easy for a timing indicator or a market forecaster to look good in a trending market. As long as the trend remains bullish with low volatility virtually any timing indicator will be bullish and appear to be valid. The same holds true of down-trending markets. We all know that to be true. The real significance of any indicator or forecasting methodology is...
Thank you to those who have responded so kindly and favorably to my postings on the JB 80C indicator that I developed (quite some time ago). The JB 8OC indicator is based on a simple but powerful concept. Specifically, in bull markets no matter what the timeframe, closing prices of a given time bar tend to be higher than opening prices. In a bear market closing...
Platinum prices surged higher today as did all precious metals. My weekly 8oc indicator triggered a buy signal last week when the 8MA close ended the week above the 8MA open. Signals are only valid at the end of each price bar because they can move back and forth during the price bar but that would not be indicative of a change in trend until the bar is over....
For many years traders have used moving averages of closing prices to trigger trend changes. Historically crossovers such as the 50 day/200 day methodology are extremely inaccurate and tend to be late in picking tops and bottoms. I find that a more fruitful approach is to compare averages of closing prices versus moving averages of opening prices. Of course this...
I am re-visiting a timing chart from way back to see how things look. Is 85k still a possibility this Dec? We shall see :)
This analysis is looking at support and resistance levels alongside trends and Fibonacci scales.
Red line expected down candle green is expected up candle ,THE MOST IMPORTANT HERE , when the bearish or bullish hour is closer to TESLA PRICE LEVEL , start the opposite direction, Please note this method accuracy is about 80% , I have another personal indicator , for tomorrow we have a starting Bearish direction till 9 am , the Gold will start go up , will...
Timing charts says so... no guarantees, but a fun one to watch. Fibo
Trade With Proper Risk & Money Money Management.. Only Trade If You Find a Confirmation. ( Engulfing / Pin Bar , Volatility , FU Move Etc..). ------------------------------------------------------------------------------------------------------------------------- *****(If you don't find a way to make money while you sleep, you will work until you...