There is an almighty squeeze in momentum in the last month after price has contracted into a powerful zone of support. So - the big issue is South or North? There is tension in the air. Everybody know that something is about to happen! When is the big question for everybody. Well, we cannot predict the future. For me it is about a strategy to catch BTC on the...
I show two 4H charts on how it is possible to get more out of a low RSI as a trend follower. Note this is not meant to apply to other forms of trading strategies.
I explain in the screencast why I think 'crash' is an irrelevant issue. It is impossible to know whether 'we're in a crash' because a crash can only be discovered well into into it or after it has happened. True trend-followers will appreciate that all one can do is find a suitable trend - and follow it. Simple but I didn't say it was easy. In fact I will...
The NDX or NASDAQ tech 100 has been heading south. In the screencast I explore the current trend south on the 4H and compare it to previous 4H trends. The characteristics of the current downtrend look different.
In the screencast I show two possible head and shoulder patterns - with a degree of uncertainty. The bigger issues are signs of a trend change and momentum developing for the south. So, it doesn't matter at this stage where the base of the head and shoulders is. It is a no-loss position I'm in at the moment.
In the screencast I show how it is simple for me. Why? Because I'm not in the business of prediction. All I know is what my acceptable loss is, where the trend is and that's about it really.
In this screencast I show some of my positions which are mirrored on my live account. I say that blowing up Tradingview paper accounts is a good thing. The present account has not been blown up for about a year, which is much better than before. I used to blow up an paper account every 3 to 6 months before. It's a very safe space to gain experience, to fail...
In the screncast I start off with GBPAUD on a weekly time frame and move on into much lower time frames across other pound-pairs. The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty. There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters...
This is what I have discovered over the last 4 years. It is not advice for anybody. If you identify with some of it, fine. If not, leave it alone. Share your own lessons learned. 1. If I'm on the right side of the trend, it is my friend - else it is my foe. 2. Stalk and plan ahead 90% of the time but trade 10%. 3. Do not chase. 4. Appreciate the power of...
This screencast is on several companies that are largely Canadian in origin, who are involved in developing medical uses of marijuana. This is a legitimate business in Canada. I am not promoting anything legal or illegal. I have no relationship to these companies. I am not currently a shareholder in any. I am simply sharing information that may or may not be...
I explain why I think there is a sound shorting opportunity on EURUSD (4-hourly) in my own methodology.
In this screencast I present results of a scientific study carried out on day trading, in the Taiwan Stock exchange. I explore some volatile instruments that some day traders may get stung by. The results of the Taiwan study are shocking. Disbelief leads people to argue that 'that's in Taiwan - so what?'. However the results are informative of cognitive and...
Forex trading sessions are important as are stock market trading sessions. I'm sharing some of my knowledge and experience, mainly for new traders. See forex sessions by timezone (this does not promote any service or broker). The sessions are important because various groups of traders have their own preferences for particular currencies in respective time...
Crystal balls are either cracking or working overtime around the world in attempting to predict what's going to happen with Wall Street. See also What rules the world? As I said so many times before, 'nobody can predict anything' in stock markets or any other market - for the simple reason that nobody owns the future. In this screencast, I show a bit of my...
In this shorter screencast I give three reasons why I come to an opinion that Bitcoin may surprise. This is not encouragement for traders to take long positions. Whatever traders do, please ensure that stoplosses are truly acceptable. No gambling please.
The NASDAQ tech 100 index probably rules most of the world. How? It heavily influences stock markets around the globe. The JP225USD is pretty sensitive to what happens on NDX and the US30 aka Wall Street. A fall in the tech 100, usually sees a rise in the strength of the Yen, which then has knock on effects on other currencies. What's on the chart? 1. Signs of...
Bitcoin is into a tight squeeze on the weekly time frame. It could go either way. Loads of traders are gearing up for what could be a major move. Some with crystal balls are making predictions and so on. It could go north or it could go south. Anything can happen in the next week or two. I'm busy watching microtrends (4h to 8h), as I certainly don't get...
Stalking is 90% of the job - so that's what I'm doing!