I've become interested in BZYR which trades only OTC at this time. Why is this OTC stock of high importance for long term investors? In order to set this out my post is broken into various parts: 1 - Introduction 2 - The historical battles 3 - Efficacy of a cancer treatment 4 - Summary 5 - The risk to reward for long term investors. The above cannot possibly...
I can't know if Oil is dying because I cannot see into the future. So what's on the chart? 1- There is a death cross on a daily timeframe which is always a significant event. 2 - The red stepwise line (the ATR) is telling us that there is heavy bear pressure in this market. 3 - Twice price was rejected in 31 days. 4 - Now there is a big struggle at a...
It's all on the charts. The Dollar does not like trenches. Zoom into chart for a better view. This is a probabilistic estimate for a 51% chance movement north. That means there is a 49% chance of no direction north. Prediction this is not (because predictions are 100% for occurrence). What this means is that the probability north should be factored into all...
In this short video I focus on the UK and US 10 year bond markets in comparison to the DJI. All these markets are linked up in the background - at the speed of light. There are no predictions here - only probabilities and speculation. High volatility is expected at the opening of the markets tonight, 16th Oct 2022. Some are predicting a 'Black Monday' type...
When US Tech stocks were heading in a northbound trend, nobody had a problem in 'predicting' anything. Now we see the emergence of a death cross, and folk are struggling to believe what's happening. At each major bearish rebellion in the bear trend, there are shouts of hope. Even slight increases in unemployment are now a cause for hope. Because hopesters...
This is a 3-day chart of BTC. There is an ABCD pattern and concentration in a possible PRZ. Contrary to popular belief, there is no one 'ABCD' pattern but a series of them. When you see one where AB=CD then there is a potential for reversal. ABCDs do not have to be 100% accurate. The important issue is price action in the potential PRZ. The current picture...
What happened last week shocked a whole lot of people. After several days of a bull run, the FED waved a stick at everybody and they retreated in fear! 😱😨 So now what should we expect. We can expect (not predict) the market to move in the direction of its overall sentiment. What's that? It's bullish. The death cross says it's bullish. Everybody can see that....
The big issues in all trading are: 1 - avoidance of FOMO. 2 - waiting on optimal position. Sound traders - not gamblers - wait in the 'bush'. They stalk their prey for weeks and months. They keep their 'powder' dry. When their prey falls into their kill zone, they are ready to go guns blazing! Ok - so many times prey may not fall into their zone. They've...
Wow! What a year for meme-coins similar to Dogecoin? (expand chart for better view) DOGE has done a 93% collapse. Some (not me) will be saying, ' it can't go much lower '. It's now in gamblers' territory - and I expect gamblers to wade into the ' kill or be killed zone' ! So yes - two things are very possible: 1 - An immediate dead cat bounce over the next...
It's a simple thing - this 6H channel. If you see it it's there (at this point in time). But life is not easy in trading - why are you here? Channels can change their shape. Sometimes they turn into wedges of various types. Price does not 'obey' the channel. We don't really know for sure why these things happen. The channel represents probabilities of price...
Chart features: 1 - It's a bear market at this time. 2- A clear death cross is seen. 3- Now a parallel channel has emerged. To become bullish again the DAX would need to get above 14712 and stay above. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not...
The situation with Gold is complicated. It looks like a cup and handle, which does not mean that you throw you money at it going long. This is a very wild market. Check it out. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to...
I won't say much here because I've narrated much of what I think is going on across several indices. These are very troubled and dangerous times in the markets. Some say it is not possible to time the markets. I disagree. Whilst death crosses come and go, the important contextual issue is when they happen. These death crosses have occurred after a most...
As some will know I've been monitoring the DXY very closely for months. It's unbelievable where eh Dollar is now, compared to mid 2021. After all, many a guru out there predicted the dollar would crash. Markets don't obey gurus! In this video I explore the Dollar on different time frames, to get a perspective on key levels and where the Dollar could go next....
I explain in this video how I view the relationship between ATR and RSI in true trend following situations. This is not about trend continuation or harmonics. This is on the India50 - a 2H time frame. But always one has to look higher to understand the risk and rebellions that may be ahead. Trading is not about investing. It is primarily about exploiting parts...
I explain what I mean by a beautiful controlled loss. Some traders don't want to hear about losses, though it's about the most important thing in trading. The position shown is a paper-trade. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions...
Some saw it, some missed it - and some don't want to see it. It's still there: The Death Cross. It is not common for a death cross to appear on daily time frames of indices. When it happens due caution is needed. No predictions here. The probability at this time is greater for the south. How far south? The markets will tell us. The markets have not spoken to...
See the video. No more hear on the video. I'll just share my opinions, which is not advice. The DJI proves me more wrong more times than I am right. So what? The issue is about limiting how wrong I am - not how many times I am wrong. New traders - and I was one - struggle to get that idea right. Why? Because in ordinary life one is praised for performance by...