Today we chat about a range of topics > why not to trust convenience or black box solutions > why exchanges aren't your friend (and your capital is) > why scaling is so important to geometric forecasting > how to spot a symmetrical triangle and what it means to you (aka you're not allowed to trade during a symmetrical triangle > market structure & trend recap
I have shared some valuable insight on today's daily video update Please watch it to get full context on how to navigate market conditions like these
today's lesson & update will work best with yesterday's video on market structure. It also highlights the importance of solid rules to trade with, in this instance it is: trade with trend wait for price action to exit killzone use demo accounts to learn a new skill, not real money (until your results prove that you are ready)
I got distracted about chatting around market structure, and didn't run my confirmed turning point checks If this isn't the new low, then use yesterday's forecast
Getting the market structure correct makes or breaks the rest of your forecasts. Many Gann Traders don't know where to anchor in their Gann tools correctly Today I chat about the market structure and allocated market energy within it
What goes up must come down, and thats what we're seeing on the 128min Transition down before the dominant trend direction (transition on 512 chart) pulls the market up
Yes I'm strapping in for the hater comments, I get the frustration The thing about a ranging market (higher risk) is that its difficult for everyone What is important during the periods of frustration and uncertainty is knowing how to protect your capital and to know what to look out for. Trading from confirmed turning points, and trading in trend is the best...
I'm sure I'm going to get some bad press about the market now going up again... Ranging markets are tough for everyone, its how you handle your account during the periods of uncertainty that matters I'm exhausted by seeing the market going up, so I'm personally shocked that it has the energy to do so...alas, its going up So for those who sold to cash,...
For those who have followed the updates, you'll see how I call the market moves before they happen...that's not easy to do, and it took years of experience to do it If you want to save yourself time (years) and money (losses) then reach out to me and learn my ways Have a great weekend
As I've been saying for days, the downtrend is continuing The 3rd high has formed prematurely (imo) so expect some weird market moves as it attempts to shift itself into a 'responsible' structure one more As always, don't rush in. You don't need to chase trades like the masses do, you can hand pick the quality setups
The current market conditions suggest that we are witnessing a period of consolidation, with prices trading within a narrow range. This consolidation phase is likely to be a temporary pause before the prevailing downtrend reasserts itself. Key observations: Prices have been oscillating between well-defined support and resistance levels, indicating a lack of...
The current market conditions suggest that we are witnessing a period of consolidation, with prices trading within a narrow range. This consolidation phase is likely to be a temporary pause before the prevailing downtrend reasserts itself. Key observations: > Prices have been oscillating between well-defined support and resistance levels, indicating a lack of...
Not much change from yesterday's update. The Price went into range as suggested. Watching for a reversal to the upside, but unlikely I feel the market is heading down overall. As always keep a smartly set stoploss in place to protect your capital from the zigzags that happen across the chart whilst price anchors in to its sweet spot before continuing on trend
A delayed market flip happened after easter weekend was used to move the market along into a market structure better suited for the price action to come. The good news is that the dominant trend direction is now known, and price is said to head down
at the end of last week I said to be aware of consolidation coming in with a major market move to follow. That's exactly what happened, only the market went down (thankfully) instead of exhausting itself further on the up Full explanation in today's longer than usual video
This Easter weekend, expect a noticeable dip in Bitcoin market activity as liquidity takes a holiday pause. This period marks a perfect opportunity for traders to detach from their screens and cherish quality time with their families. The tranquil market atmosphere aligns well with strategic contemplations and adjustments, in harmony with Gann's market timing and...
As we approach the Easter weekend, the Bitcoin market anticipates a period of lowered liquidity, signaling a time for traders to step away from the screens and embrace the holiday spirit with family. This seasonal slowdown presents a rare moment of respite in the otherwise bustling world of crypto trading, offering a reflective pause for strategic planning. It's...
Bitcoin's trajectory takes a positive turn, signaling an ascent to the upside as anticipated in our latest analysis. The market demonstrates resilience, offering promising opportunities for growth. For those who heeded our advice in yesterday's update, the strategic positioning has yielded profit without incurring losses, underlining the importance of timely and...