Beyond Technical Analysis
The Implications of the US Unemployment Rate - It Is Higher Now What is moving lately? The US unemployment rate has edged up.
We can see from past cycles that when unemployment numbers started breaking above their downtrend, crisis occurred.
Micro E-Mini Nasdaq Futures and Options
Ticker: MNQ
Minimum fluctuation:
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• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
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Gold Absolutely Destroys Sellers, Simultaneously fools BuyersWhat's up guys, I hope this message finds you well.
It appears that gold did actually play out almost exactly like I wanted it to and surprisingly I was right.
Here is the link to the original analysis - www.tradingview.com
The good thing about this is that due to it being a news event I wouldn't have been able to engage anyway until maybe after the event but had I engaged I would have absolutely been right.
Also You'd realize that I don't just call out buy here or sell there without an explanation.
I do this for 2 reasons.
1. I believe in order for you to get better you need to be able to explain what it is you think you understand to others in a way that helps them understand
And
2. If as a trader you don't like over-explaining\analyzing things.. I got some bad news for you buddy, this may not be the correct industry for you.
You have to be able to explain why you are taking specific trades even if it just to explain it to yourself. If you cannot do that then taking the trade is likely ill-advised.
Hope you enjoy this one, have a good rest of your day, see you guys soon!
SG - Why I've been shorting this and continue to short thisControlled buying, liquidity building - it's all just the same market dynamics that move us up or down. The key is identifying the right analysis for the time frame that you're trading. In this case, both the HTF and LTF line up for me which is why i've been confident in my shorts.
Happy Trading :)
Bitcoin move down for nowThis channel is not providing individualized trading or investment advice, nor is it a banking service, brokerage service, trading service, investment service or money management
service.
It is just an educated guess.
#Bitcon
open.substack.com/pub/dumitrupopovici/p/bitcoin-212?r=4gqcc&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
copy the link to subscribe for the in detail explanation....
USDCAd SellsetupHello Guys today we have a major impact news event for cad which is interest rate and monetary policy i am looking forward for a trade setup to form after events, and bias is bearish looking for the optional trade entry trade setup t appear and target the lower level accordingly.
stay tuned for further updates. :)
USDJPY Explained Simply: How To Understand/Trade The MoveUSDJPY has rallied continuously because there is a main long side bias within the different interest rates between the two economies, the US being much higher.
It must be understood that buying of Yens only occurs with a good reason, of which, at the moment, there is none. Talk of intervention, is only talk.
You can get better entries with a bit of this understanding and basic economics.
BTC Short Trade setup Day 3Day 3, and BTC has dumped around $2,500. We’re in deep with our short from $68,200, and it's paying off.
Let's break it down with some cold, hard analysis. Fibonacci retracement, baby. This tool is our crystal ball. From the previous swing high, the 68-69k zone was the perfect entry point, and we nailed it. BTC came back to test that level, and now it's heading south, just as predicted.
When do we exit? We’re eyeing that $57k target. The Fibonacci levels are guiding us. We’re in the zone where the retracement indicates a significant pullback. Keep a close watch as we approach these levels, adjust your strategy if needed, but the plan remains solid.
Remember, we’re not just playing the game; we’re mastering it. Stay ruthless, stay relentless, and watch as the market bends to your will.
Will Presidential Elections In The USA Push Up Bitcoin?There are lots of rumours regarding Presidential candidates and Crypto Assets, from both a more open and a more restricted view.
This can feed directly into Sentiment and provide a long term long, or short case depending on the result that may occur.
Let's discuss it and levels for entry/exit.
VOLATILITY DRAG - The Hidden ThiefThis is a super important subjective to touch on.. And that topic is Volatility Drag, also known as Percentage Loss Trap.
I believe that most traders do not consider this in their trading. They know about win-rate, risk/reward ratios, compounding, and perhaps even the fact that losing 50% of your account will require you to make 100% just to get back to break even. But few take into acccount Volatility Drag. It can be a sneaky thief, eating away at your PnL, causing you to lose money even though it seems that you are profitable.
Volatility Drag is basically the percentage loss of your account that occurs from the volatility in your wins and losses. In this video I illustrate it on a spreadsheet and graph for your understanding.
This is why slow and steady wins the race in trading. Anyone that presents you otherwise is a fool and you should absolutely stay clear of such people. One cannot have a volatile equity yet not have volatile emotions. Either that, or they have not considered the math.
Safe trading!
- R2F
Option Buying Learning Ideas!Hello, a simple trick to be successful when buying options is to wait for the candle to close. You have heard this rule many times before. In my experience, it takes time to learn it, and it takes time to implement what you have learned on the chart. But all your waiting will pay off for you.
Thanks for Reading.
Did you see this too? The simplicity of identifying tapering!This is the most basic I could do to show you all how simple it can be to identify good trade opportunities. It all starts with building the story and from there... well you've got the keys to the kingdom!
For those who don't like that I'm doing this after the fact - please see all of my other videos which identify these trade opportunities (like this one) before they happen.
Hope this was helpful!
Happy Trading :)
GME - When can we expect another breakout?For the past two weeks i've been introducing you to the GameStop all important algorithm - Teal.
Ultiamtely, price needs to prove tapering on teal in order to breakout to the upside. That is our bullish controlled selling algorithm.
We had an important move today where price rejected off of green but then found support on teal - indicating a potential liquidity build for a further bullish move.
This can take time so patience is key here!
Happy Trading :)
FVRR - Do Not Miss This One! Last Warning!It goes without saying, you must do your own analysis, research, and due diligence before entering a trade. My job is to prepare you with some of that analysis, the TraderDaddy way.
Either way, the risk/reward for me on this one is hard to pass up and I will be playing these earnings.
Happy Trading :)
AMD - How should we play the semi-conductor sector?There will be major opportunity here long term - but in the short term, we need to exercise patience - especially in this sector! There have been crazy gains and though that is likely to continue with the AI boom only getting started, we still have to be aware of market mechanics and we know that this sector needs to build liquidity before making another run.
Happy Trading :)