12.5.19 IOVA ENPH I'm looking at two markets in describing 1-3-5 patterns and 3-drive patterns.
12.4.19 Follow up: DXY Gold AMZN Bitcoin ENPH IOVA THIS IS WORTH A LOOK.
12.3.19 11am More happened on Gold from previous video today. At this point look for breakout failures in gold and the DXY. If you were a buyer, think about what knowledgeable sellers might be thinking...and vice versa when you are a Seller....and then adjust your target, your position accordingly.
More talk on price dynamics with gold. I think it is a decent, worthwhile video, but I ran out of time and the "probability discussion " is incomplete because the probability that this market will go higher and above that range box because of those two larger range green bars. I will elaborate on this in other videos. The point will become clear...which is...
Looking at structure and price dynamics on oil...through the eyes of buyers and sellers...with emphasis that you need to know where the sellers are if you are a buyer, and where the buyers are if you are the seller....and this is what helps you target realistic targets.
11.30.19 Screening out markets with low volatility. Comparing DXY to the USDCAD and deciding that the USDCAD is a lousy market to trade now. If you want to make money it is easier to do with volatility. See what you think.
My thoughts about mentors and students...and what I know works for me. Good mentors and Good students.
11.27.19 Yesterday I uploaded a video suggesting that the dollar was going higher. Today is the follow-up in a quick review of that market. Next I discussed oil and talked about ways of taking profit and scaling entries and exits to make more money with less risk. And then I took an example using the oil chart of how markets are really much more likely to benefit...
11.26.19 dollar, gold, amazon, IOVA, ENPH Important market dynamics: bear traps; expanding triangles; general market dynamics. I think it's a decent video, but you might need a beer or rum and coke, and drink half of it before starting the video. But remember, never drink and drive.
I posted a hypothetical trade a few weeks ago after listening to well-recognized market analyst state that Amazon looked like it was going to go lower. When I looked at the chart I thought that it was a good long trade. Today I'm going back to reanalyze certain market behaviors, as well as what has happened since the entry. Things have happened in the past few...
There can be a difference between thinking like a chartist versus thinking like a trader. ( my version of charting that path to the inner trader in you ) (sorry, couldn't resist).
This is about my personal rejection of a few of the quotes ( i.e. Plan your trade, trade your plan ). How some price action is much tougher to trade and is much more difficult to hit bigger targets, or to have smaller stops ( example given...as I see it ).
11.21.19 Oil market expanding to the top of the range. Loquaciously working my way to a conclusion to how the market may behave today.
11.20.10 DXY Gold Oil: a look at reversal strategies factoring risk vs reward...including early risk vs risk from stater entries...and effect on ability to stay with a trade. Talked about 135 patterns.
11.19.19 A look at that complex, currently ambiguous relationship ship between the dxy and gold. I did not have time to say that I think the gold probably will go lower based on the price action and the recent correction lower followed by a weak 382 correction higher, but it also has too much risk if you use structural stops. I didn't get to this because I spent...
Who knew that a coil could be the source of so much misery.? A look at oil and DXY/Gold with respect to coils and how this can generate stress and counterproductive trading decisions.