The bull run today was strong but there are other things happening. I say more in the video.
Do share some thoughts/perspectives. It's good to learn from others. Best wishes.
I say this is a parabolic war!! Bitcoin taught me a lot about this. Well, I say the US30 is a parabolic situation. If they don't wanna play fair, why should I approach the market with conventional weapons?
No! This is a strange war. So - I'm not gonna play by conventional rules. I don't think that's gonna work.
Overall in trading, the issue is not winning a...
In this video I explain how I look at some price action. I hope it is of some use to new traders especially. I'll say no more in words here.
Best wishes to all new traders.
In this video I look at an interesting compression on the 15 min EURUSD and quickly review a critical price position on the US30.
This follows up from my other videos.
A strong EURO is not great for the Ger30, so if it strengthens around now, there could be more bearish pressure on the DAX.
The DAX tends to rule the worlds markets and has not suffered as...
DOW JONES might be done handing us fantastic entries -- after confirming bearish CHANGE IN TREND. The triangle/wedge is coming to an end and price has to decide one or or another...
I see a bloodbath happening in the next day or so...Price has shown a tendency to be heavy in the last 2 weeks and this 23,300-24,500 rally is just a sell-off waiting to happen.
Im...
In this video I explore how the US Dollar strength affects stock markets and the EURUSD.
When I was very new to trading I had not known about all this - and late in the game I wished that somebody would have told me sooner.
Shorter term bounces of the US dollar can cause traders to exit positions too soon.
Around this time day traders could find that...
In this video I show what I think is a pattern that creates a greater probability for the south.
I explain more on how I draw my trend lines, which may not be what the gurus teach people to do.
The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily.
I'm not saying the pattern will break soon. Price may...
Wall street and many other stock indices are at critical positions.
In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session.
The GER30 is in a critical position and fighting hard to stay afloat. It rules the world.
In general the GER30 does not like a strong EURUSD. And the US30 does...
3-minute video. I look over a number of trends on various stock indices, pointing out some interesting situations.
The challenge with trend lines is to spot them early enough and to believe your own eyes.
In this vlog I explore mainly the shape of the younger Bitcoin parabolic correction with the much older and seasoned Wall Street (US30).
The emphasis here is in the nature of the struggle to avoid correction and the similarities in form .
The parabolic struggle seen in Bitcoin on the daily time frame, could well be reflected in the US30 on a weekly time...
Wanted to get into the DOW shorting party?
didnt have a ticket to the Red Candle Rager?
Your ticket would have been valid yesterday afternoon and/or this morning. (When the green candles were everywhere and giving us a better entry into shorting)
The Red Candle Rager party started again in the last hour and we have been showered with red candles (think...
In this video I look over a few indices and the VIX.
There is a problem i.e. the news is saying one thing, but the charts are showing something rather different. I look at some trendlines, channels and patterns. After many years in trading I'm no longer obsessed with the names of various patterns. The overall pattern is what interests me more.
The news is...
What we have been hunting for the last 3 years is finally here...A confirmation of the DOW collapse!
Congrats if you were diligent in your studies and placed your shorts on the market!!
We just broke the 23,350 handle and are now going to see a SELL-OFF like we havent seen since 2008.
I just ordered some amazon prime popcorn and champagne...its gonna be a fun...
I'm sharing a chart to give my sentiments about listening to the news. New traders especially tend to listen to the news and website opinions about where markets are heading. I show a bit on how I approached a particular situation on the US30.
A lot of news is late and people who create news items or blogs have their own biases, based on the information they...
