Placing a stop, finding a target...going to bed. How I managed a trade that is not moving well.
Judging realistic entries and targets with higher time frames.
Comparing two other traders. Also "planting the seed" with an idea or two for traders looking to expand their technique. Bitcoin brief followup.
12.21.19 there is no doubt in my mind that there are bull and bear traps, and there are algorithmic moves that will occur when the market spikes. This video should clear up some of the confusion from the last video. Some years back I least a software program that can analyze my trading results and from this I experienced a sudden realization about how deficient...
12.21.19 I noticed that there are a few traders that follow my post and I appreciate there thumbs up responses. When you get the alert you can see that person's name and in two cases these traders had a very large following and are prolific posters on trading you. So today I stepped out of my cave and looked at some of their posts and I commented about that in...
12.20.19 Generally I am OK with the last video...it stated my thoughts on expansions, BUT the ABCD pattern did not come out well...so this is a clarification of that...and then I offer some advise for traders that are thinking changing indicators or even making profound system changes. There is a bad way to do it. What is always implied by me...but I did not...
12.20.19 Oil Pound There is a great example of an expanding market.
12.19.19 Student senses Gold will break higher...and this may be true. I give my point of view...not to counter the student, but to add a slightly different perspective. Also (this is to my student...so don't read this ) when you are serious about a trade ( real or paper ) send me trade location, the stop, and the target...so we can work with it.
12.19.19 ANTM ( when I talked about this market, I said "3 drive pattern" several times when I meant " 1-3-5 pattern". I am sorry about this; since my main talking points reflected my thinking and because of time constraints...I will post anyway. Discussed the need to adjust your paradigm to the range and other traits of swings. Discussed Oil and other...
dxy. usdcad. Pound. Price Action and Patterns, and my favorite trade: over sold markets coming to support.
12.18.19 dealing with more complex lines to develop a feel.
12.17.19 Bitcoin Price Action. Market Dynamics. How you must change your "evil" ways if you think making more money is simply trading more and having more winning trades.
12.17.19 analysis if the price action and dynamics of bitcoin.