12.20.24 this is a tough day for me. I had a hard time finding the words and I'm sure that added to some confusion... and it was very stressful for me. I decided to post the video since it took a good amount of time and the content was acceptable even if the presentation was awkward. I was trying to find the word for hyperinflation and I was trying to find the...
12 18 24 I felt compelled to do this video after most of the markets closed for the day because the previous video I claimed was not a good trade because the market was actually contracted and trading a contracted Market is a very bad idea. near the end of the session on Silver it managed to produce a very substantial move lower in effect creating an expanding...
12.18.24 in this video I get to show you a perfect buying setup for copper.... using extensions and support resistance lines and ABCD patterns. on the other hand silver which I think is going higher but I could be wrong... is still a lousy trade today because it is badly contracted trading patterns like this are very stressful you're likely to have more...
12 18 24 we went over some details regarding situations where there is a reason to go long but the market quickly shows us that the market made some changes that changed that market. there are times when this happens especially in the Futures markets where you really want to take the short trade after you your initial opinion was that the market was going higher.
12 16 24 I just did a video and now an hour ago it is more important than this video but I would like to thank tradingview for recognizing some of my wort. if you look up trading View you will see that it has 70 million followers... when I listen to my video I realized I said 40 million''' that's a lot of followers. the main reason for this video is that...
Th.is is December 16th Monday. I know some Traders were frustrated with the drawdown in gold and silver and oil. I thought that the dxy had a chance of going lower even though I pointed out that there were no buyers based on 2 bar reversals and the price action of the dxy.I should have listened to the dxy but at least I understood That the dxy was trading for...
12.11.24 the ES is a bullish chart but it made a correction lower with a 2 bar reversal that led to where it is today.... and I was looking for a chance to short the market on a correction higher if I could find a small stop thinking that the market would continue going lower if it didn't make new highs. I realized that the market is only a very small fraction...
12.10.24 there is some important follow-up on gold and silver. those markets have expanded. what this means is that trade location changes as well. when markets expand and contract this affects trade location for buyers and sellers. regarding coffee there is a two bar reversal pattern that suggests that the Market's going to trade lower a short position here...
12.9.24 in this video I reviewed my reason for thinking that is probably going to go lower. I moved on to the dollar which is having a good day today. Then I went on to the silver which is having a great day today.
December 4th I wanted to look at oil because generally the pattern looks contracted to me. when I'm not clear on things I not only look at the daily chart but I'll look at some bigger time frames and when I saw the weekly chart it became apparent to me that I could actually trade this market today and certainly yesterday. There are times when you really have...
December 4th the gold market is the guinea pig because there are some issues with my terminology that need to be clarified. I've been using some incorrect terminology when I use the term bull flag or Bear Flag and I looked it up and that made things worse so I explained here what I mean. also I know people will have problems with my terminology regarding...
11 27 24 gold gapped higher on the open and this gave me a chance to Define range boxes that I can use to make trade decisions. I posted this at around 11:00 PM and then I made some speculations that may or may not work out and that's okay as long as we find a trade location and manage it with small stops.
Tuesday this is a quickie on coffee since it's very close to its all-time high and it looks like a setup that will sooner or later start going lower. I explained some of the details looking at the tools we like to use.... and I am willing to take a chance that the market will range and if it doesn't that's okay.
Tuesday on this video we take a look at oil and gold... the real purpose is to take a closer look at how I use extensions since you can end up trading with extensions all day long and go crazy. I think that both markets...... gold... and oil.... are contracted markets.. and if I use range boxes to Define where the buyers and sellers are I think there's a...
Monday I talked about a number of markets here but I focused on the gold market because it took a $9000 reversal lower. this really is not a big deal but there are ways that you can spend your time efficiently make trade decisions that will be beneficial for you..... in this particular case if you'd use the 2 bar reversal Not only would you have gotten out...
Sunday night review . the market looked like it was going higher for a while but it did almost a complete reversal of the Swing we were looking at last week so that's what we were looking for in the video.
11 21 24 I spent a lot of time looking at bigger time frames on the S&P because they can show you very good reversal setups and they're clean. you can also find very good ABCD patterns that that you can miss on the lower timeframes. I would like to show you the detailson a four-hour chart and how you can stay out of trouble when this Market actually expanded...
11.19.24 the S&P is expanding to the point where it looks like it's going to be more tradable. a significant changes happened today. if I tried to scalp the market today I could have made money but it wouldn't have been much money because the market really didn't show the expansion until the last couple bars of the day and if I had used extensions to judge when...