This a follow-up to the GE idea about the downtrend it started on May '17 through May '18. GE just broke down another support level at $12.60 after failing to even test the $14 mark. Right now the support break tells us that the stock is still weak, but it is still a little early to call it a bankruptcy confirmation. The stock is weak and would not be a great idea...
Bitcoin is looking pretty bearish. I give my thoughts in the video. Let me know if I should continue these vids or just stick to regular charts. Still getting used to talking on video
DrGraph points out more on the use of Local Maximum / Local Minimum and C75 / C25 tools in Forex Insight Pro 3 to tell the time of price recovery from all-time-high correction in a SET:IVL monthly graph.
My thoughts on Bitcoin right now. Let me know if you like these videos or if I should just stick to the charts. Thanks
In this clip, I studied very early trading hours of a newly IPO stock SET:TPLAS and looked for investment opportunities for small profits.
This clip shares how to use yesterdays high level as a key resistance in M15 time frame of EURUSD graph. Double Tops or M pattern often form at yesterdays's high level.
In this clip, I shared the idea of how to use SMA2 and SMA3 crossing in scalping EURUSD in a short term reversal of 15 minute time frame. Local maximum and local minimum points were used to draw supply lines that could be used as resistance lines for taking profits.
This is a quick summary of this GE idea, but GE started its strong downtrend on May '17 and it started to slow down in May '18. That's 1 year with a ~52% loss, in other words a very strong downtrend or crash. It was a discussion I was having with a fellow member and I decided to share it as an idea rather than keep it to myself just because of how interesting the...
In this video I cover a short straddle trade in QQQ that has a slight bullish bias to profit from both a price pop as well as the high implied volatility in this underlying. **Current Market Structure** -Medium/Long term bullish trend -Price is reaching some key support areas at 175, 171, 170 -Bearish weekly candle may see prices push lower but I...
Soybeans are offering a short premium opportunity as price perhaps starts making a bit of a floor. I have sold a straddle at 840 w/ 45 DTE for a maximum profit of $2500. A few things made this an attractive trade such as the high implied volatility and price having reached a key support level where I hope price stays buoyed while I run out the clock and collect...
Gold Double Demand Area - Price bouncing off 2 extremely long term area's of Demand on Horizontal & Diagonal Plain's, Very simple, look for a little more Bullish Price Action before positioning yourself for a potential long term hold.
Here we go again! Crude oil's super mega uptrend looks to continue! Last time we saw a trend like this was 2009, and it's a long time coming after the major declines in 2014. Quick summary why I'm bullish in the next weeks: 1. Overall bullish trend 2. Consolidate and form a higher low 3. Failed breakout lower, breakout higher My next target is 75.50, and if we...
In this video I discuss a potential buying opportunity from key support.
I made an about face on my bias of gold yesterday where I flipped from bearish to bullish. This doesn't mean I am indecisive or have multiple personalities, rather it was due to watching what price was telling me. Don't ever be afraid to change your opinion of a setup on a dime. Price action and the "price story" is always changing, and thus our bias' of that...
TA on video. Feedback wanted Strategical trading advice needed! I am very heavy into this position. You might say "all in" from the bottom of ETHUSD around $500, though can use personal funds if price drops. I used much of this ETH to buy alts, including EOS, RDN, BAT, and GNT From my current position, where should I exit EOS?
BTC - Symm triangle / Trading range accumulation.. Whats next..
Expecting bullish price action based on Daily Demand Zone and Daily Uptrend moving into Weekly Supply Zone + Bullish Trendline.
Short video to follow up to my videos calling for a dip to $130 and then to $115-$110 range. I still believe we might see a little more downside, so those areas I mention in the video are were I'll make my next move in terms of adding to my bags (not advise for anyone). I'm a long terms holders, but I do take profit chunks here and there, so above $200 will...