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....
Nobody knows where price will go! In these sort of zones anything can happen. I always look to higher time frames like these to understand any price vacillation on lower time frames. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous...
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...
No loss no gain. This is a risky position, obviously. I do not know if it will fall or head north. My estimate is for the south. Heavy losses may be involved. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown...
This is on the daily time frame. Nobody can predict where price will go or how far it will go in any direction. This means that if one is shorting or going long on this position, one has to expect losses. I always keep losses at the forefront of all my posts. I cannot predict what will happen next. People often ask me for targets. I don't do targets. This...
This is a pretty short vid. I'm looking back to 2001 to see what happened, to cautiously draw some ideas about what may happen in the 2020 bear market. The present picture is very different, of course. 2020 is showing a faster deeper dive. The SPX has recovered to a 61.8 fib. It could go higher. If it heads south, it's impossible to say how far south.
This is not a prediction. I don't do predictions. The setup is only a probabilistic estimate based on a reckless disconnect between market sentiment and fundamental reality. It's probably the most reckless in history. For every probability estimate in one direction - NOTE CAREFULLY - that there is a residual probability in the opposite direction. So if for...
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...
I share a lessons learned with small time frame trend exploitation. Note that not because it's a small timeframe means it's insignificant. Small trends run for many hours and can accrue hundreds of points, as I show. This methodology is specifically about trend following. It requires practice preferably on demo or paper accounts, in order to acquire skill. ...
Tesla did a sudden retreat over a few hours. It was caused by a tweet. Unfortunately I'm not at liberty to say who made the tweet. DYOR. The point is, if you look at the 1H chart TSLA is back on a bull run. The tweet in question was just a minor 'itch' caused by the tweet. Sorry - I don't do predictions, so there is no advice on entry points or targets. In...
It's impossible for me to predict what will happen with EasyJet. So, I'm showing two potential killzones on a daily time frame. My probability estimate is for further moves south. I think the issues here are about entry points, for those who missed the deep dive. It's dangerous though at this time. Globally all civilian commercial airlines are in deep trouble...
Much of good trading is about time spent stalking. Trade execution by the most successful traders happens only after much patient study. The current position of the DJI, resembles a previous one. Patterns tend to repeat. This means vigilance to see if they do repeat. There could be losses involved. I never avoid talking about that. Sometimes a pattern may...
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...
Price is struggling below ATR line. Probability south is 55% (45% for the north). How far south if it moves, is another matter. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make...
This is a 2H time frame set up. I show how this could be worth a shot south or a shot north (subject to your acceptable loss). The estimated probability south is 55% - which leaves 45% for the north. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in...
Everybody seems to know that Gold is going north. Some say $3000, others say $5000. But none of the people who claim this are saying 'by when'. I have no doubt that Gold will eventually reach $5000 but I don't believe that that's gonna happen anytime soon. I may of course be proved wrong. But I'm not doing FOMO at this stage of Gold. Have a look, why I say...
You've been told! Get ready. There is trouble in this heading south more likely, than not! Reliable sources in non-mainstream media are picking up the second wave of a virus outbreak in China. This is not fake news! The re-opening (or partial re-opening) was actually fake news. Facilities were actually being built to accommodate more sick and dying people. ...