Here we have a chart of Nikkei 225 index on a 3 day chart. Nothing is more powerful than identifying potential trend reversals, notice that I said "potential". Nothing is guaranteed when it comes to trading, you will never be 100% winning in the markets. The only edge that you have when it comes to trading is identifying trend accumulation, distribution and risk...
The geometrical structure of the market may be seen only if chart is properly squared.
"Science teaches that ‘an original impulse of any kind finally resolves itself into a periodic or rhythmical motion" - W.D. Gann
The most important part of trading - especially with true trend-following - is stalking your prey very very carefully. The next is controlling loss. Trend followers suffer heavier controlled losses - but also enjoy far greater gains - than those who rely on targets-based methods of trading. It is certainly not for 'everybody'. Only about 20% of all traders are...
Hopefully this post is both educational and entertaining. I was having a discussion on line about the advantages of quantum speed trading - and how it has a greater power than the human brain. For sure it is more powerful at number crunching. But quantum slowness is about trends! Look at the lovely 15 min trend. No big muscle computing power required. Just...
Resistance
👋 Hello, I hope everybody is having an awesome week with their trades! 😁 We here at MLT | MAJOR LEAGUE TRADER want to walk you through our time split system with the crossover strategy and the ema dots indicators. Let's take a look... So what we will be using in this example today is USO (United States Oil Fund) Top chart (12 Hour Timeframe) Bottom chart (1 Day...
Have a close look at this very busy chart. There is a crisis in airline industry after COVID-19 struck. Some do not realise how serious this thing is. Expand and drag the chart a bit if everything does not fit nicely. The airlines are connected up to many things. I could not include everything. But for basic GDP when the airlines are hit GDP and trade are hit....
FED-backed pumping or rather re-pumping of the popped bubble, has taken the DJI to unexpected levels. I think they're making the same mistake all over again. Have a look. No predictions. I don't do predictions. Tough. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can...
The equity markets (SPX, NDX, DJI) should make a move on or before 1 June 2020. The chart pattern indicated a breakdown. A break is possible.
Just have a look. I present a case for probability south on the DJI (Wall Street). Reality is catching up. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions...
This is the latest picture for COVID-19 deaths in USA v UK. The virus has pricked the DJI'S bubble! I don't see any plateaus or defined peaks. A peak is defined relative to a trough. No trough, or retracement means no defined peak. There is a whole lotta spin out there in lamestream media telling us that COVID has peaked. I can't see it. The virus's pinprick...
To all existing students we want to say thank-you for enrolling with Major League Trader! 😁 We are always working on developing additional studies to add to your current curriculum and we think we may of found an additional method to make the current "Crossover Strategy" even more powerful! This will make the buy and sell opportunites even Easier to identify...
A similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years. The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a...
I present Tradingview data on COVID-19 infection rates and death rates in the USA - and compare those with the DJI (Wall Street). Contrary to what we've been told by our leaders and mainstream media, there is no plateauing of infections or deaths in the USA. NOBODY can say that the virus has peaked. The virus is charging north on exponential curves. Most of...
Looking at the numbers, if the establishment - and this includes Trump - are right, stocks should have gone down 9500% in 1918. Now everything is shutdown so earnings will go down you might argue. During the spanish flu many american and euopean cities were in shutdown, businesses were closed, I don't have the exact numbers but I know many of the largest cities...
This is an educational post - compliant with the house rules on text-based contributions - showing some of the tension between monetary policy taken by the FED and real world fiscal issues at deeper levels. Click and drag chart if all text does not show. Thanks. The tension has caused whipsaws in the US Dollar, and price of Gold. The IMF has declared a global...
In this educational post, I look back to 2008 to get a rough idea what may be in store for us in 2020. This is a cautious exploration because what happened in 2008 was very very different to what's happening today (though there are many similarities). This post does not exclude the possibility that the US and other stock markets may recover totally and head to...