|Trifecta| The Ultra Idea : d-MR96nBa's Ultimate Market Journal | Trifecta |🌌The Ultra Idea : d-MR96nBa's🌠Ultimate Market Journal🎨
*Third times a charm. This Idea will allow me to update my Journal*
Hello Fellow Travelers
It's been some time since I've posted a Fresh Idea, though I've remained actively trading.
What better way to mark my TradView return, than to start an Ultimate Market Journal.
Financial Markets have taken my deep interest again recently, especially as we seem to be at a time of accelerating change and shifting regimes.
I believe many opportunities abound to those with open, flexible and creative minds.
A bit more about myself.
I've been involved with financial markets in one form or fashion for 18 years now.
I started out like most of us, approaching the game with fundamental analysis, only to later incorporate and then fully graduate to T/A.
I'm a natural Contrarian.
My brand of technical analysis is as much about aesthetics, creative expression, discovering hidden truths and applying Universal Principles as it is running the numbers.
I'm starting this off with Ultra Bond Futures, as UB's are the trading instrument I've come to specialise in, having had the most ongoing consistent success trading.
This by no means is going to be a "I bought here and sold there" type of Journal, as that's not my style.
Nor am I going to focus on a single market instrument, observation or style of analysis.
I'd like this to become a repository of accumulated wisdom and unique market perceptives.
I've just begun contemplating what this may evolve into in time, and I invite you to join me in taking this Leap
d-MR96nBa🌌
Concept
Inversion📈📉
Seek out and analyse whatever moves exactly inverse to what you intend to trade.
If you're having trouble discerning trend or observing price patterns, check the inverse.
This can be an excellent technique for exposing Bias.
This can work particularly well for currency traders, though can be Universally applied.
For US Ultra Bonds, the inverse is the US 30 Year Yield
Ultra Bond Futures
US 30 Year Yield
TLT
TBT
SPY
SH
QQQ
PSQ
Currency traders, say you're about to trade AUD/CHF
Check out the CHF/AUD chart first, if they both appear Bullish or Bearish, you've got a Bias.
AUD/CHF
CHF/AUD
GBP/JPY
JPY/GBP
EUR/USD
USD/EUR
Are there any examples of Inversion in Trading you'd like to share ?
What else is on my🧠
Well just casually, I believe we're currently witnessing Peak Bitcoin in it's Entire Life-cycle.
This is coming from a guy who previously recommend people buy BTC for retirement
Have we Bull Trapped & Breakaway Gapped on Berkshire Hathaway
Could Warrens Retirement mark the end of the Great US Bull Market
BRK.B
It's in the Detail
🔑
Principles
The Ultra Idea : d-MR96nBa's Ultimate Market Journal🌌The Ultra Idea : d-MR96nBa's🌠Ultimate Market Journal🎨
Hello Fellow Travelers
It's been some time since I've posted a Fresh Idea, though I've remained actively trading.
What better way to mark my TradView return, than to start an Ultimate Market Journal.
Financial Markets have taken my deep interest again recently, especially as we seem to be at a time of accelerating change and shifting regimes.
I believe many opportunities abound to those with open, flexible and creative minds.
A bit more about myself.
I've been involved with financial markets in one form or fashion for 18 years now.
I started out like most of us, approaching the game with fundamental analysis, only to later incorporate and then fully graduate to T/A.
I'm a natural Contrarian.
My brand of technical analysis is as much about aesthetics, creative expression, discovering hidden truths and applying Universal Principles as it is running the numbers.
I'm starting this off with Ultra Bond Futures, as UB's are the trading instrument I've come to specialise in, having had the most ongoing consistent success trading.
This by no means is going to be a "I bought here and sold there" type of Journal, as that's not my style.
Nor am I going to focus on a single market instrument, observation or style of analysis.
I'd like this to become a repository of accumulated wisdom and unique market perceptives.
I've just begun contemplating what this may evolve into in time, and I invite you to join me in taking this Leap
d-MR96nBa🌌
Concept
Inversion📈📉
Seek out and analyse whatever moves exactly inverse to what you intend to trade.
If you're having trouble discerning trend or observing price patterns, check the inverse.
This can be an excellent technique for exposing Bias.
This can work particularly well for currency traders, though can be Universally applied.
For US Ultra Bonds, the inverse is the US 30 Year Yield
Ultra Bond Futures
US 30 Year Yield
Currency traders, say you're about to trade AUD/CHF
Check out the CHF/AUD chart first, if they both appear Bullish or Bearish, you've got a Bias.
AUD/CHF
CHF/AUD
GBP/JPY
JPY/GBP
EUR/USD
USD/EUR
Are there any examples of Inversion in Trading you'd like to share ?
What else is on my🧠
Well just casually, I believe we're currently witnessing Peak Bitcoin in it's entire Life-cycle.
Have we Bull Trapped & Breakaway Gapped on Berkshire Hathaway
BRK.B
It's in the Detail
BTC futures Entry Stop and Target with money management -Price is in contraction and building shelf at the high
- buyers will freak out as stops start getting run and fall back into previous swing
- buyers from last low want to step up and buyers that missed the last run will pile in at the higher low.
- stop is under known buyers that held and entry is at buyers that lifted price to new high
- this is based on principles of supply and demand, buyers and sellers and contraction and expansion
- this may work or it may not.
GBPUSD Scalp Setup - Support and Resistance ZonesHey guys, here is a simple setup for GBPUSD. Wait for the candles to close below the sell zone or buy zone. I am using the Stochastic RSI with settings of 14-3-3 to identify a fake out. Once the one hour candle closes below or above the zone, you can check if the Stochastic isn't oversold or over bought. If you have these confirmations, then you can take position on either side.
10 RULES that every WINNING TRADER KNOW and applyHey everyone !
Aside from my degree in corporate finance from the Columbia Univesity in New York City, i was honored to participate in trading classes of the New York institute of Finance, and also talking with several really famous traders.
Here are 10 rules that I have been able to put together during my learning path and that serves me on a daily basis. I wanted to share it with you.
Don't forget to give a thumbs up!
1. Always be disciplined
- Follow your plan and rules
- Do not be swayed by your emotions to act otherwise
- Do not create excuses to break the rules – this time is NOT different!
2. Plan the trade, trade the pla n
- Always cut your losses according to plan
- Always let your profits run according to plan
- Separate your planning from your execution
3. Expect losses
- Losses are part of trading – accept them.
- Do not take a trade unless you are willing to accept the risk (possibility of loss)
- Accept that you will lose money on some trades
4. Manage your emotions
- Always analyze objectively
- Clear all positions to have a neutral frame of mind
- Do not act based on greed or fear
5. Focus on trading well
- The goal of a trader is to make the best trades
- Money will naturally follow
- If you focus on money, emotions will get in the way
and you will not be able to make the best trades.
6. Do not overtrade
- Be patient. Do not rush into a trade.
- Do not trade when there are no good setups
- Do not try to be in the market all the time
7. Trade what you see, not what you think
- Don’t concern yourself with why things are happening
- Markets are never wrong, opinions are
8. The trend is your friend
- Don’t enter just because it looks “overbought” or “oversold”
- Don’t try to catch a falling knife
- The easiest money is made trading with the trend
9. Do not repeat your mistakes
- Keep good records of your trades and thought process
- Analyze your mistakes, then move on
- Do not make the same mistake again
- Continuously improve yourself
10. Have realistic expectations
- Do not try to make incredible returns overnight
- Aim for small consistent returns over a large period of time (steady and continual growth)
- Do not expect to become an expert overnight
- Trading takes time to build experience
Daily Wisdom 13 - Such is the marketO Captain! my Captain! our fearful trip is done,
The ship has weather’d every rack, the prize we sought is won,
The port is near, the bells I hear, the people all exulting,
While follow eyes the steady keel, the vessel grim and daring;
But O heart! heart! heart!
O the bleeding drops of red,
Where on the deck my Captain lies,
Fallen cold and dead.