I show how trends can be assessed. Word on the coronavirus is also explored..
Get ready! There are only two directions for price; UP or DOWN. In this screencast I show why the zone around 29000 could be the most important. See the broadening wedge. Price could go either way. If you believe that the FED and Mr Trump is gonna save the world, go long at 29000. If you believe a crash is coming take a short. If you believe 29 is a prime number...
Theory of curves is an interesting application to trend changes. Some succeed - some don't. This is one to watch. This is not a recommendation to trade securities. If you lose your money - sue yourself.
I go through a number of time frames and explore the price action and probabilities. No predictions, No recommendations. I'm short on this market at this time. Disclaimer: Your losses are your own. This means you sue yourself if you lose your money.
This is a probable position for the north. No guarantees.
I'm showing why I think Cable - GBPUSD is bullish. There are opportunities for the north on 1D, 6H and 4H time frames. There are opportunities for a shorting on the 1H time frame and lower. It all depends on the size of an acceptable loss.
The situation shown is now critical. The 3D time frame seems to be showing a resistance ledge, that could well collapse. Two weeks ago my early probability estimate was greater for the north. But as the picture unfolds, I see the probability as now greater for the south. This does not mean that price cannot still rocket north.
The DJI was dented significantly over night by three main events: 1. Trouble in Iran. 2. China - withdrawing some companies from the LSE 3. North Korea - powering up to cause America a headache. There was panic selling in the middle of the night which started with the news on Iran. Important trend lines up to 2 hourly were penetrated. Could this be the...
The DJI, S&P500, Australia200 and the DAX all went wild today. No predictions in here. This is just the big picture of the daily time frame. I have to say that I am totally surprised by the DJI pump north. This markets is highly overvalued something like 17-19 times that of fair value for stocks comprising it. I won't go on much longer about that, we've seen...
This is a follow-up on AUDNZD, which is now at a critical position. Price can head south, north or sideways. No predictions - as I have no working crystal ball (and I'm not going to purchase one). Vigilance is needed on this. Watch out for spikes and whipsaws. The usual disclaimers apply - which means if you lose your money, sue yourself.
No guarantees - the 3-day time frame may be important. It's a bit late to enter long now.
What people want me to do is tell them when the bubble is gonna pop! Well, well - I can see the weather outside my home is setting up pretty badly, but I can't tell when a downpour of rain is gonna come! I'm as I'm so bad at weather forecasting - how on earth could I possibly forecast market crashes? All I know is that when I see bad weather I'd better wear a...
I'm looking at a possible triple top on the Japan 225. It is a critical zone on the weekly that could affect lower time frames. This is called stalking.
Silver is at an important position. Watch 1600 though.
Recorded from my laptop in a lunch break - so turn your speakers right up. I'm stalking the DJI carefully for any sign action. This is a market built on hope and false confidence. It can't go on forever. Disclaimer : This is speculative opinion - not advice. If you trade this market and lose your money, kindly sue yourself.
Just have a look and get ready. Something may happen. I stupidly drew these ABCD patterns and forgot about them. Now I see an amazing channel emerging.
I've looked into the DJI and the DAX because they are connected. I also considered events affecting the Hong Kong index. In the text below, I consider China's 'nuclear option'. Overall I'd say the probability is greater for the south on these indices (from this point in time). But caution - because there is a residual probability for the north and I can't know...
5 currencies compared against GOLD. I say no more. Watch the video - and if you disagree, say so and why with some evidence!