Stocks vs GoldSince 1971 when the USD and most other fiat currencies were not linked to Gold anymore, we haven't seen stocks really go up. Stocks expressed in Gold were already up substantially at the time and after Nixon closed the gold window Stocks dropped 95% against gold. Below I have put the DJIA since 1915 and 1971, as these are the best data we can get. The truth is that on Tradingview I can cleanly analyse only one market at a time as it doesn't have the global combine stock market capitalization. Yes there have been lots of other markets that have gone up since that time and the global economy has definitely grown, but I am here to make certain points based on the fact that the US economy is the largest in the world:
A. Since 1971 the US stock market has dropped 95% and 87% and between those two big drops it had a 4000% increase
B. At the moment it looks like stocks have started their new bull run in 2011
C. In USD terms the DJIA has been going up for time periods that are a bit longer than the total amount of time it was going down & sideways, the time for the next drop might be almost here.
You might be thinking why does that matter? You might think: Gold is pretty useless, it has an inflation rate of about 1-2% and all that matters is that stocks are going up and paying dividends! The truth is that as a whole stocks have performed better than Gold and have provided nice dividends through the years to investors, but Gold has had much less risk and until 2011 it was the best store of value. However you have to understand that this huge rally and these huge drops happened as Central banks and commercial banks globally increased the total money supply (in dollar terms) by about 20-40x. Gold was the soundest money the humanity ever had and moving to a new insane monetary standard distorted things on all markets and created various bubbles. We can see that the global money supply is about 80-90T 'worth of USD' and the total worth of all stocks globally is about 70-80T USD. By following the way new money has been created/printed we can see that stocks have pretty much tracked the global expansion of the money supply. Someone could say that 'look there is 225T worth of real estate', so the global money supply shouldn't matter, however the reality is that: a) stocks pay dividends and their price has some correlation with their dividends and b) stocks need liquidity which comes from money, c) real estate can be used for various things, it is less risky and is market growing with global population and d) there is 245T of global debt makes anyone realize that something isn't right. The funny things is that part of the debt has negative yield and more is going to go negative. This means that Real estate and Bonds are in a much worse bubble that stocks actually are, but they could go much higher.
As you can already see, unsound money from governments and Central banks is causing a tremendous misallocation of capital, it is destroying wealth and at the same time it is concentrating wealth to the hands of those that have already had massive wealth. It should be obvious to everyone that US stocks should had been worth much more than they were worth in 1971... or should they? Given that money is a zero sum game, if there wasn't new money being printed, then stocks shouldn't have really moved up or down much. Only really good investments would succeed and pay a dividend, while bad ones would quickly go away. Essentially the value of our money and investments would go up, without a 'special' number going up. There are many more factors playing a role in this, but overall stock markets going up 20-50-100x up is nonsense created by Central banks. Free and non-manipulated markets don't behave like that and don't do crazy things like have 10-20 years long bear markets during peaceful and prosperous times. What has made things a lot better and have prolonged the ability of Central banks to do these crazy things is the technological progress we've had over the last 50 years.
Below I've put Nasdaq 100 expressed in Gold which is showing for how long the tech stock bull and bear markets really lasted in the US. To me it shows that there is a high chance that we are in the disbelief phase / 'this is a sucker's rally' phase. This fits nicely with the fact that most people are expecting a recession (and rightfully so), as most people get it wrong and the market can stay irrational longer than you can stay solvent. In my opinion this new tech bull run is based on: a) the exponential progress in technology, b) the fact that the market came out of a vicious correction that lasted 12 years, c) gold being controlled by central banks d) gold is 'outdated' in a digital world and e) banning cash, full on negative rates, more money printing, f) a new digital banking system with Central banks creating digital, while they use that money to start buying stocks.
However how large is that upside given the current macro picture? How long can the market stay irrational under the current awful global financial conditions? In my honest opinion the upside here is somewhat limited and the risk quite large. Until stocks many new ATHs I'd stay out of stocks, as we could be moving into a recession which could initially cause a drop in stocks. Don't forget that Central banks will try and fight the recession with everything they've got. Also don't forget that the US still remains the best place to put your money in. So in my opinion we will eventually see a prolonged period of stagflation or simply a period where stocks, bonds etc keep going up on a really unsound basis until everything breaks down. No idea when things start breaking down, but the one thing I am certain off is that I wouldn't want to hold much fiat. It is the first time that we are observing such a crazy period of currency wars with a quite a lot of changes on our monetary and payment systems. As I've mentioned before, USD, JPY, Gold, Silver, Bitcoin and maybe some stocks (i.e US large tech stocks) are the only assets i'd touch.
Stocks!
PEMBELIAN MASIH BERTERUSAN BUAT WINGSTOP INCWingstop Inc membuat tujahan berterusan ke atas mengekalkan posisi di atas kawasan sokongan psikologi di USD100. Secara teknikalnya, belian menguasai jualan kaunter ini pada ketika ini. Ini ditunjukkan pada garisan biru 20-MA yang kekal di atas garisan merah 40-MA - menunjukan potensi gerakan menghala arah utara di sessi akan datang. Carta dia atas juga menunjukan penanda "14-day RSI" di atas 50 poin. Ini mengambarkan kewujuduan kekuatan pada aktiviti belian, mengukuhkan lagi pandangan positif kami.
Tanda sokongan sikologi dilihat pada USD100, diikuti sokongan seterusnya pada USD88. Pada arah yang bertentangan, tanda rintangan terdekat berada di sekitar aras USD110.
Tutorial on Advanced Swing Trading Entry & Exit PointsSteps to Swing Trading:
1. Find a trend: uptrend in bull price action chart, or downtrend in bear price action chart.
2. Analyze the trend to find the best entry points on that trend. That means finding the HL higher low points in and bull market, and LH lower high points in a bear market. Look for HLs in a bull market, and LHs for a bear market.
3. Confirm the best entry points in the trend with supporting candlestick patterns. Find a good bullish candlestick pattern on the HLs of a bullish market, and good bearish candlestick patterns for LHs of a bear market. These include pin bar patterns, engulfing candlestick patterns, inside bar candlestick patterns. They confirm a reversal
As a general rule of thumb, entry points above 30 Day and 50 Day EMA lines provide more confirmation of the direction of the trend.
To be most successful, remember to never go short in the bullish/uptrend market, and never go long in a bearish/downtrend market. This manages risk.
Uptrends:
Wait until an uptrend is confirmed before investing: uptrends are confirmed by two higher highs, with two higher lows on the chart.
To elaborate, that means if we have two back-to-back HHs and HLs, that indicates the uptrend is confirmed and it's time to look for strong bullish candle or bullish reversal candlestick patterns at the third HL.
Downtrends:
To confirm downtrends, wait until two lower highs and two lower lows have formed in the price action chart.
If you find two recurrenct LHs and LLs in a chart, then this price action setup marks that a new downtrend has been confirmed and the bear has begun.
Start selling/short trading from LH 3 IF you find a strong bearish candle pattern or a strong bearish reversal candlestick pattern at the lower high level 3.
Conclusion:
This is the main process for swing trading strategy. Practice this process on historical charts to improve your understanding and mastery of the strategy, then manage your risk investing.
My TOP 10 Posts! Must Reads for Beginner Traders!I wrote more than 1200 posts in TradingView. The majority of them are trading ideas and market overviews. Even if they helped you to make tons of profit, I think their value is much lower than the few educational posts I published.
I am a person who believes that knowledge and experience are the main elements of success. No matter in which field, if you know what to do and if you have experience - one day you will reach your goal.
Trading signals are just one tool which can't make you a successful trader if you don't have knowledge and experience.
I would like to collect all my best posts in this one, just in order to tell one more time to novice traders the which are the important things in trading. You can read my best posts, of course from my point of view. I did the best for adding value to this community. And I hope the real value, from my side, can be seen in these posts.
This is Why Beginner Traders Lose Their Capital – 1. No Strategy
This is Why Beginner Traders Lose Their Capital – 2. Risk/Reward
This is Why Beginner Traders Lose Their Capital – 3.Trade Volume
This is Why Beginner Traders Lose Their Capital – 4.Overactivity
WHEN CAN YOU START TRADING FOR A LIVING?
90% of Traders Lose Their Money! Do You Really Want to Succeed?
The Key Elements to Succeed in The Financial Markets
Trading Signals Won’t Make You Rich!
Trading Signals Won’t Make You Rich!
Spoiled Community and How to Become Successful
Good luck in your journey in the financial markets!
AMZN AMAZON Potential shorting opportunity When certain stocks have unfilled/un-traded areas (gaps) in the market, often the market going to revisit those areas later on. So these are areas can be targets for your trades.
But in order to target those areas, we need a reason to get in. The most profitable/common method is waiting till the market exhaust and put a reversal signal.
AMAZON is most likely to make a end to the BULL run and head back to fill those unfilled areas in the market.
So waiting for a strong reversal signal or make another higher high with confluence to get SHORT.
Good Luck Trading
Elliott Wave & Intermarket Analysis For NIKKEI And USDJPYHello traders!
Today we will talk about stocks, specifically Nikkei and why USDJPY can see higher prices.
Well, as you may already know, in EW theory after a three-wave corrective decline, the trend should remain to the upside. This is what we see in the stock market all the time. However, Nikkei got our attention, because we can see a nice five-wave rally after that three-wave a-b-c correction, which means that Nikkei remains in uptrend, but after another three-wave correction in the lower degree, where ideal support would be here around 21450 - 21250 levels, just keep in mind that bullish confirmed can be only if it manages to turn back above 21770 region!
In the right picture you can see tight positive correlation between NIKKEI and USDJPY, which means that if NIKKEI points higher, then even USDJPY can see higher prices, so don't be surprised if USDJPY remains bullish towards 109 area or higher!
So, seems like risk-on sentiment may continue and when we are in risk-on, we usually see bullish stocks, which are followed by recovery on XXX/JPY crosses. That being said, be aware of a bullish continuation on stocks, while XXX/JPY cross pairs may see a bigger recovery!
Be humble, trade smart and wait for the right sentiment to enter the market!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
WHY BITCOIN & CRYPTO BEAT STOCKS!This is why I prefer trading cryptos. Look what just happened to one of the stocks I own! No warning. No chance to get out before the disaster because stock markets don't trade 24/7 like crypto markets do. They close at one price. Then the company announces a surprise fall in profits, and when the market reopens, it's down almost 30%.
At least when BTC falls 30%, it doesn't fall in an instant! I am always able to sell my cryptos in the early stages of a price crash and get out with most of my profits intact. As you can see, I can't always do the same with stocks.
I got out of Bitcoin and other cryptos as the bubble was popping in late 2017 and early 2018. I kept my profits. Meanwhile, old-school finance people have the cheek to complain that crypto is too risky and volatile! SMH.
Trade To Win"Those who lose - trade not to lose. Those who are successful - trade to Win."
Losing Vs Winning
Most traders are more focused on not losing than they are on winning. Do you understand what this means? This means you are acting not in your best interest, but against your self. By focusing on how much you can or might lose, or on not losing, you increase the likelihood of making mistakes which ultimately lead to a losing traders equation, and a negative equity curve.
Profitable traders do not care about losing. They understand it is part of winning. They focus on winning. What is the best move in this moment? Should I get out or continue to hold based on what the market is telling me? Winning traders accept the risk totally and completely; before getting into the trade. In other words, they have already lost what is on the line. Therefore they act in their own best interest, not based on their thoughts about what they could lose, but based on what the market is telling them to do in this moment.
Other than this psychological difference, here are a few other key components on How to Trade To Win.
Defined Edge - Every trader who is making money in the market has some form of edge which he employs. Even if his edge is purely intuitive. This is extreme and rare however, and most traders have clearly defined their edge and will only trade that edge. This removes randomness. Many beginners think they are going to study the market and be able to trade the market no matter what it is doing (trade intuitively). This is simply not the case for most. The purpose of studying the market is to identify opportunities in form of an edge. An edge is a setup or context which repeats itself over time. It might occur once a day, once a week, or once a month. It does not matter. All that matters is that you only trade your clearly defined edge, and leave the randomness behind.
For more information, you can read about the edge I use in every market I trade. We also describe how you can develop your own edge, and trade it in any market.
Stop Doing, Relax Efforts - If you are losing in the market, chances are you are doing too much. Many beginners, and even experienced traders think they must be trading in order to be a successful trader. This leads to random trading, over trading, and mistakes which compound themselves. You end up digging a hole, and instead of looking for a way out, you look for a different shovel.
The harder you try to make a profit, the more you do, the more actions you make, and the more you lose. The market rewards those who are observant, disciplined, and most importantly patient. The market takes from those who try too hard, and do too much. If you dont believe me, try as hard as you can to make money, and see how you do!
By relaxing your efforts, you relax your mind. In turn relax your actions and decision making. You do not have to trade every day to be a profitable trader. It sounds paradoxical doesn't it? How can I make money trading if I dont trade? By only trading when it is appropriate like when your edge is present, you better your odds of success.
Profitable trading does not come from trading constantly. Profitable trading comes from the act of non-doing, and out of a state of emptiness. Profitable trading is effortless, it comes out of waiting for just the right moment before taking action. And then waiting some more while the market proves you right or wrong. Profitable trading is not forced; it just happens.
Active VS Passive Trading -
This is very similar to the previous topic. Active trading is a trader who is constantly in the market, trading whatever he see's or feels right. This trader is often wrong, and when he is right he makes the mistake of exiting too early due to fear. This leads to a negative traders equation as he continues to struggle to do the right thing. An Active Trader mentality is one which does not believe in "non-doing." He believes he must, and can, do something. He is afraid of missing out and is often swayed by thoughts and emotions. So he continues trading never looking back, and at the end of the month cannot figure out why his account is in the red.
A Passive Trader is the opposite. He passes on more trades than he takes. He does not care about what he misses out on. He only cares about what he takes and the actions he makes in the market. He does not force trades, he just watches the market until he knows what to do. Or he waits and waits until his edge finally sets up. He is passive in his efforts, rather than active. He does not care if he doesn't trade today, this week, or even this month. Trading is not what is important to him; winning is. He knows that profits come from sitting, waiting. Because he is willing to wait, he is peaceful. And profits continue to come into his account, effortlessly.
For more information on developing this type of mentality, see below. We also detail how to understand markets through price action, how to create, define, and employ an edge, and how to develop your traders mentality to succeed in markets.
If you found this helpful please like! Feel free to comment or ask questions.
How to Trade to Win"Those who lose - trade not to lose. Those who are successful - trade to Win."
Losing Vs Winning
Most traders are more focused on not losing than they are on winning. Do you understand what this means? This means you are acting not in your best interest, but against your self. By focusing on how much you can or might lose, or on not losing, you increase the likelihood of making mistakes which ultimately lead to a losing traders equation, and a negative equity curve.
Profitable traders do not care about losing. They understand it is part of winning. They focus on winning. What is the best move in this moment? Should I get out or continue to hold based on what the market is telling me? Winning traders accept the risk totally and completely; before getting into the trade. In other words, they have already lost what is on the line. Therefore they act in their own best interest, not based on their thoughts about what they could lose, but based on what the market is telling them to do in this moment.
Other than this psychological difference, here are a few other key components on How to Trade To Win.
Defined Edge - Every trader who is making money in the market has some form of edge which he employs. Even if his edge is purely intuitive. This is extreme and rare however, and most traders have clearly defined their edge and will only trade that edge. This removes randomness. Many beginners think they are going to study the market and be able to trade the market no matter what it is doing (trade intuitively). This is simply not the case for most. The purpose of studying the market is to identify opportunities in form of an edge. An edge is a setup or context which repeats itself over time. It might occur once a day, once a week, or once a month. It does not matter. All that matters is that you only trade your clearly defined edge, and leave the randomness behind.
For more information, you can read about the edge I use in every market I trade. We also describe how you can develop your own edge, and trade it in any market.
Stop Doing, Relax Efforts - If you are losing in the market, chances are you are doing too much. Many beginners, and even experienced traders think they must be trading in order to be a successful trader. This leads to random trading, over trading, and mistakes which compound themselves. You end up digging a hole, and instead of looking for a way out, you look for a different shovel.
The harder you try to make a profit, the more you do, the more actions you make, and the more you lose. The market rewards those who are observant, disciplined, and most importantly patient. The market takes from those who try too hard, and do too much. If you dont believe me, try as hard as you can to make money, and see how you do!
By relaxing your efforts, you relax your mind. In turn relax your actions and decision making. You do not have to trade every day to be a profitable trader. It sounds paradoxical doesn't it? How can I make money trading if I dont trade? By only trading when it is appropriate like when your edge is present, you better your odds of success.
Profitable trading does not come from trading constantly. Profitable trading comes from the act of non-doing, and out of a state of emptiness. Profitable trading is effortless, it comes out of waiting for just the right moment before taking action. And then waiting some more while the market proves you right or wrong. Profitable trading is not forced; it just happens.
Active VS Passive Trading -
This is very similar to the previous topic. Active trading is a trader who is constantly in the market, trading whatever he see's or feels right. This trader is often wrong, and when he is right he makes the mistake of exiting too early due to fear. This leads to a negative traders equation as he continues to struggle to do the right thing. An Active Trader mentality is one which does not believe in "non-doing." He believes he must, and can, do something. He is afraid of missing out and is often swayed by thoughts and emotions. So he continues trading never looking back, and at the end of the month cannot figure out why his account is in the red.
A Passive Trader is the opposite. He passes on more trades than he takes. He does not care about what he misses out on. He only cares about what he takes and the actions he makes in the market. He does not force trades, he just watches the market until he knows what to do. Or he waits and waits until his edge finally sets up. He is passive in his efforts, rather than active. He does not care if he doesn't trade today, this week, or even this month. Trading is not what is important to him; winning is. He knows that profits come from sitting, waiting. Because he is willing to wait, he is peaceful. And profits continue to come into his account, effortlessly.
For more information on developing this type of mentality, see below. We also detail how to understand markets through price action, how to create, define, and employ an edge, and how to develop your traders mentality to succeed in markets.
If you found this helpful please like! Feel free to comment or ask questions
[Reading notes] : chapter 13 how & when to sell shortHello, everyone
This is a threads of my reading notes for the great book: [ Technical analysis using multiple timeframes ]
And here is the notes of chapter 13, how & when to sell short
I will go through all of key points of this book, and find proof from the bitcoin chart.
Why to selling short?
from the book : bear markets occur every 39 months on average and typically last for about 18 months. that is a lot of time where the odds are stacked against long trades and where selling short makes sense to generate market profits for the purpose of current income.
And let's have a look at the bitcoin market for the bear market times:
02.Dec 2013 ~ 24.Aug 2015 last 21 months.
18.Dec 2017 ~ 28.Jan 2019 last 14 months.
In the long time of bear market, shorting is a good tools to catch great profit.
Measures of sell short
By selling short, the trader expects to profit by repurchasing the shares at a lower level and profiting from the difference.
And cutting losses must be taken very seriously when selling short since the unlimited losses.
Shorting takes the right mindset
Selling short is a skill that every serious trader learns to utilize during stage 4 market declines.
The best time for sell short is during a bear market, but there are always stocks in a stage 4 decline that can be sold short regardless of the overall market environment.
What is a bear market?
The most obvious sign of market bearishness is when the majority of stocks are in established downtrends or when the overall market indices are below key moving averages. the best way to define a bear market is an environment in which markets where the 200-day MA is declining.
Let's look at the chart pattern of bitcoin in bear market 2014 and 2018 with 200 day MA.
From the chart above, we can see in the bull run, bitcoin will not touch the 200 day MA, if bitcoin drop below the 200day MA, then it's high possibility we enter the bear market, and 200 day MA will become a major resistance line of bitcoin.
But is it the best indicator of bear market? how can we measure we are near the peak of ATH? find the bear market indication in in early stage is very profitable and very risky also
another clue is the price of stock/bitcoin drop below the long term support line. such as in 2017 bull run, the 20 week MA is the most important support line for bitcoin, but it drops below the 20 week MA on 29.Jan 2018. This may indicate the bear market is coming!
And I found another indication is the bitcoin is not correction in healthy range (20 week MA) and resume to advance again, this means the final ATH will be very soon.
Sentiment of bear market
In the bull market, everyone is very confident, but in bear market, stock tend to drop much quicker than they advance and it has a great deal to do with emotion. bear market are characterized by a stronger emotion response than bull markets because people are complacent when they are winning and become frightened when they are losing. fear is a much stronger motivator than complacency, and emotional liquidation from frustrated long holders can lead to quick declines.
Choosing shorts
Timing need to be more accurate when it comes to shorts, in bear environment, try to concentrate only on the highest probability setups, and keep overall trading activity low relative to your trading volume in a bull market. you need to have the patience to let the market present you with the lowest-risk opportunities. This occurs when the trend are aligned on multiple timeframes .
Some of sharpest rallies experienced by stocks occur during a downtrends, and while these rallies usually fail to hold up in a down trending stock.
Trend trading is the safer way to consistent profitability, so do not allow yourself to be enticed by the rapid movement.
Short alignment
Trend alignment of short trading positions is the lowest-risk, highest-profit potential trade scenario. Whether we trade long or short, the basic cyclical structure of the market never changes.
Find the candidate with daily timeframe
The first step in trading short is to find a stock in an established stage 4 downtrend. when trading from the short side, we ideally want the overall market, the sector and the stock to be in a decline.
In digital currency market, we hope the bitcoin is in decline when shoring the alt coins.
And if the daily MA 10-, 20-, 50- stacked below each other 10<20<50 is another bonus for shorting. let apply these rules.
Shorting choose in bear market
07. Feb 2014, lower high formed in Jan 11, and consolidate in the neck line range ~ 790, but after 1 month, the market choose downside direction, when 07.Feb 2014, we can see obvious MA stacked 10<20<50, it's a sign of bear formed, good point to start short.
13.Aug 2014, lower high formed in 01.July 2014, and break the neck line in 14.Aug 2014, with daily MA 10<20<50 stacking, good point to shorting.
05.Mar 2018, daily double top seems formed, this chart pattern in bear market have strong power to drive the price down. we can setup shoring with stop loss in here.
05.May 2018, daily double top formed, we can shorting with stop loss from here:
29.July 2018, bitcoin price formed lower high in daily chart. shorting!
14.Nov 2018, bitcoin break the major support which support bitcoin ~ 1 year. the longer the hold, if breaks, the large dump will happen. shorting without reasons!
Shorting in bull market
I have to say shorting in bull market is very risky, bulls driven by FOMO of crowd. Don't short in bull market otherwise you're very experienced in trading. And one rule we should always keep in mind is we should ride the trends, not try to violate or control it.
So in bull market, just find the right position to long, don't try to stand on the oppose/low possibility position.
1 HOUR TO OUR LIVE TRIANGLE TRAINING CLASS - TODAY AT 2PM ET!COME JOIN US FOR A GREAT OPPORTUNITY TO LEARN TOGETHER
We are doing a live triangle trading class on our TTT Strategy TODAY! @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
2 HOURS TO OUR LIVE TRIANGLE TRAINING CLASS - TODAY AT 2PM ET!ADD A WHOLE NEW QUIVER OF ARROWS TO YOUR TRADING STRATEGIES
We are doing a live triangle trading class on our TTT Strategy TODAY! @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
3 HOURS TO OUR LIVE TRIANGLE TRAINING CLASS - TODAY AT 2PM ET!LEARN THE MOST LUCRATIVE TRADING STRATEGY IN THE MARKETS
We are doing a live triangle trading class on our TTT Strategy TODAY! @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
4 HOURS TO OUR LIVE TRIANGLE TRAINING CLASS - TODAY AT 2PM ET!LEARN A UNIQUE STRATEGY OF TRADING THE MOST COMMON CHART PATTERN IN THE MARKETS
We are doing a live triangle trading class on our TTT Strategy TODAY! @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
5 HOURS TO OUR LIVE TRIANGLE TRAINING CLASS - TODAY AT 2PM ETALL MARKETS - ALL TIME FRAMES - ALL STYLES OF TRADING
We are doing a live triangle trading class on our TTT Strategy TODAY @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
6 HOURS TO OUR LIVE TRIANGLE TRAINING CLASS - TODAY AT 2PM ET!LEARN A NEW ATR MONEY MANAGEMENT STYLE OF TRADING TRIANGLE CHART PATTERNS
We are doing a live triangle trading class on our TTT Strategy TODAY! @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
LIVE TRIANGLE TRADING CLASS ON OUR TTT STRATEGY JUNE 25 2PM ET!EVERY DAY THE MARKET OPENS IT'S TRIANGLE ATM FOR YOU TO GET CASHBACK
We are doing a live triangle trading class on our TTT Strategy June 25st @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!
FEAR and GREED Cycle in trading & investingTrading definitely complicated and hard phycological activity, everyday every trader on a planet is on the edge of financial collapse. When it comes to the new traders/investors usually falls in FEAR and GREED trap. Try to avoid this cycle, learn Technical analysis and emotion control.
Good luck!
THIS COULD BE A SIGN OF WARYou won't find much on this in traditional mainstream media outlets. They're usually late. Events unfolding in relation to the Strait of Hormuz are either hotting up or have already happened.
I've been tracking LMT for some time. I couldn't understand the sudden pulse on daily shares on 23rd April. I had wondered if it meant war started but nothing was in the mainstream media. What does LMT produce? Who fund them? Read up!
Well...well, the chatter come out of that region through non-traditional channels is that something is happening on the ground.
Then strangely yesterday I spotted moves on the eastern and western markets suggesting an about turn - across forex and market indices. You wouldn't have seen that unless you were looking across 10 min time frames.
What's next? Well I'm not a news channel. So, get going and do your own research. This is about systematic risk.
Golden week isn't over yet. Strangely the Yen is powering up madly and AUD is buckling. Think - outside 'the box'.
This post is speculative and may be totally wrong. Do not make financial decisions based on this. But you could get prepared if you find sufficient evidence. Getting prepared is about the biggest thing in trading.
Forget Bitcoin and watch this textbook TA!Away from the action on BTC and the S&P500, I'm making big profits on hidden gems, like this UK stock. A classic TA inverse head and shoulders setup! Straight out of the dusty textbooks. Strong volume on the left shoulder and weak volume on the right shoulder, just as it should be. I bought just above the breakout line. The breakout is clean, retests to a perfect level and then takes off like a rocket! Beautiful. (and highly profitable).
GAME OVER! The big man says 'Game Over'. Well for traders the 'Game' may just be about to start or restart. This is geopolitical news - the important kind that could rock markets (stocks and forex) all over the globe. I point out some important findings from the Mueller investigation report (which I declare as accurate summary statements). I show possible market moves on two charts.
Note carefully that some of the big issues from Mueller, sequester around the alleged attempts by Trump to remove Mueller himself, and then cover up the 'tracks'. Jerrold Nadler - House Judiciary Committee Chairman - has reported on disturbing evidence pointing to the President's obstruction of justice (be careful - this is not my opinion - I only report what was said). Full text here .
So - I'm befuddled as to how Mr Trump can declare "No corruption. No collusion" with such confidence. Further more Mr Trump derides the very report which from his perspective, finds no wrongdoing on his part! I just don't get it. Full redacted report (in the public domain).
Sunday Wall Street is gonna be interesting. I'll be reporting on Wall Street moves over the weekend. Stay tuned.
Note & Disclaimer: No recommendation is made about going long or short on any market. Traders taking decisions are not to rely on my perceptions or opinions. Your risks are your totally your own.