This is the 18th of September.This video ended up being almost exclusively about bitcoin when I wanted to talk about my trade on silver. I ran out of time and I'll talk about silver later. My focus is on price action and making a trade decision... or if it's paper trading... then making a trade decision on a paper trade. The opening price on bitcoin if you...
It's Sunday 17th Looking at markets can be addictive and very time consuming. This can be very non productive... And it can distract you from other important things that you need to include in your life. There are ways to handle these issues. When you start out with the system that's going to work for you, It does take a lot of time and thought to find the...
9.15.23 In this video we looked at oil Silver Gold and the ES. And as always there was a discussion about strategy and how to pick good markets, and how to manage them.
9.14.23 Earlier today I did a video on oil... my favorite market... but I had some issues with the range box. This video is about silver which also had a range box but the dynamics were much different from that of oil. Actually there could have been two Profitable trades today in silver, and I explain that, but it is the long trade it's important to understand...
9.14.23 In this video I am expressing some of my frustration with regard to how I handled oil. I don't think there were any major blunders on my part, And my bias was that oil was probably going to go higher, yet my decision would be or take profits out if I'd been long because I knew the market was likely going to contract... but there's no good entry for me to...
9.13.23 I decided to talk about Tesla because of its very bullish move. I think it's always challenging that the market will cause biases... suppositions that you expect will drive the market in one direction or the other. I don't think biases are good or bad yet I know that I need to filter some of my bias because I know that things happen in the market that...
It's still september 11th and I thought I would talk about tesla which is the exact opposite of the topic on my previous video today because Tesla is an expanding market not a contracting market and the real money is on the expanding market as long as you know how to pick your entries..... it's all about the trade location. when markets expand they expand higher...
This is the 11th of September. This video is about contraction of the market and the difficulty of making trade decisions when markets are contracted. In my view it is much harder to trade in contracted markets and it's harder to make more money in contracted markets. You have a much greater chance of losing money. There will be times when you enter a market...
9.8.23 Follow-up on long trade on silver. Looking for Oil to go higher. Bitcoin looks...not good.
9.7.23 There is a long trade in silver with a small stop . ....................................................................
9.6.23 This is a review of the silver trade that started yesterday. I drew a new chart today because that's how I do my analysis after the trade. I think this is a very important video for Bobby and will set him up for things that I'm going to show him as we move forward. And I know that MonyBags we'll take a look...although she's a very good Trader..but this...
9.5.23 In this video I tried to show how you could scalp the silver market on an opening price short trade. I projected that the market would do some things that it hasn't done yet so it will be interesting to go back and see what the market did since this video. At the time of this video I thought the market was going to go higher and lower. The oil went higher...
9 5 23 Oil is a great example of how markets can be easy to trade at times and difficult to trade at other times. My gut level feeling is it oil has taken out a lot of sellers and and then your natural inclination is to think that it should correct lower. What goes up a lot must come down at least a little. But sometimes what goes up a lot Doesn't correct so...
9.4.23 There needs to be A caution here. I was answering the question on the previous oil video how to deal with an opening price when the market opened. There are clues that the market may go lower especially when the market comes to a measured move where you would expect the reversal and for the market to go lower. The problem with the first assessment Is that...
9.4.23 This is a review of oil. I was asked if I would short this market at the current price which is a two bar reversal.... and I think the price action is so bullish I would wait for a trade and I wouldn't short right now.... but it is a two bar reversal the short... but not for me. There's so much going on in this market that I used my time to talk about...
9.4.23 I know that my use of the word gaps Is a typical And that I am looking for something that's complicated than a simple one bar gap. I know that it has to do with my way of looking at the market to define Buyers and sellers. Buyers are at the bottom trying to push the market higher and sellers are at the top trying to push the market lower... and I am...
9.1.23This video Is a recap of what went on with Bitcoin.... and it gives me a chance to show you where trade decisions could have been made if I'm watching the market... and some other Points of you that I think are important.
8.31.23 Gold looks like it's going to trade a little bit lower so I framed it as a possible short trade. I'm looking for it to move to a support area... if I actually place this trade I would have a bracket order Using that Target. Why would I do that? When markets move down to a support the other side of me is looking for a long trade and for the market to make a...