Mayfair_Ventures

Mayfair_Ventures

Correlation: Positively correlated variables like to move together, negatively correlated variables move inversely to each other, and uncorrelated variables move independently of each other. Quantifies the estimated strength of the linear association between two variables. It ranges from +1 to -1. 0 indicates no linear correlation. Given the whole Buzz on...

Mayfair_Ventures

After sitting in on one of @scheplick live streams last night. It got me thinking about starting a discussion with the community on tools used outside of the conventional methods. Comparisons, or using other instruments to calculate/forecast other aspects of your trading. Sure we can use things like Interest rates or 30 year bonds, take a measure of curves in the...

Mayfair_Ventures

The issue for many new traders is understanding the correlation between timeframes. We often get caught up in indicators, news hype, chat room posts, and various other things. One of the biggest challenges I see when talking to new traders is simply the lack of "experience" in reading multiple timeframes. This causes confusion and even self-doubt. The issue with...

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As per the last call - Bitcoin has had its move up. Check the link below. Here are a few reasons for it to drop - Don't get me wrong, I am still very bullish on this as a whole. But as a trader, we can rise these moves both ways. COT data still shows a net short position for BTC - making this a possible Bull trap breaking the ATH. In addition to that - step...

Mayfair_Ventures

I have recently had some questions on some of the basics such as moving averages. First of all, there is some great free content out there via sites such as Babypips I wanted to share some simple info to at least explain what a moving average is. Where it is used and what are the types of. Moving average is a simple, technical analysis tool. Moving averages...

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Literally, whales jumping in on Bitcoin. This is not an analysis of any sort. Was using the Polyline tool on another pair and thought I would try it on the highs and lows of Bitcoin. Too much time on the charts! that's the issue. Anyways, a little bit of fund I found Ironic! All you need is a smile! Disclaimer This idea does not constitute as financial...

Mayfair_Ventures Updated 

Revisiting the Gold moves lately, It respected structure basically to the cent. Looking at a shorter-term retest of the low - stochastic and Quadratics show this is a plausible scenario before we go North again. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’...

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Quick and simple long move here up into the zone. A lot of other reasons for the move, including retail sentiment and overall COT bias. Shorter timeframe than we usually trade these moves. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s,...

Mayfair_Ventures

After my last couple of posts, I want to ask the question rather than just throwing ideas out there! What aspect of trading do you fear? Why? What do you think you could improve on? Anything!!! Be interesting to see comments. Personally, I can overanalyze and talk myself out of good setups. I've also been knowing to jump in trades too early. This could be...

Mayfair_Ventures Updated 

I have recently written a few posts on Bitcoin. As an early adopter, I have been tracking the tech since early 2011, my work outside of trading is in technology (including Blockchain) So with a tech hat on - the last couple of weeks have shown a transition in the technology domain, more acceptance and more blockchain based projects. Almost like the rise in...

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Following the last couple of Gold (XAUUSD) Calls, It's giving a reason to accumulate a position down here for a push back up. As it's at the end of a deep move the accumulation may be a little more complex. The majority of retail traders are still long. So I expect a further dip before a rise. But as DXY is about to make some new ground higher completing its...

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As a trading coach & mentor, I often get asked about where to go and find resources. Anything from books to specific strategies. So I thought it would be interesting to not only share with the community some books I have liked over the years. But to ask for your favorite books, any suggestions - any thoughts on the books listed? Even if they're slightly outside...

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After the last couple of posts, I have received all sorts of questions and requests. I thought it might be interesting for "especially the crypto traders" to ask the question, gather your opinion on so on... 🌟What do you make of crypto? 🌌As a whole? 👑Bitcoin's dominance? 🎰Other assets? 🎱Other crypto projects? Here's a couple of snapshots - This shows...

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Buying dips can be tricky, the issue is knowing if it's an actual dip or a full trend reversal. I used to think buying at a lower price to double down on an investment going the wrong way was a good idea. However, after reading a book called the Zurich Axioms by Max Gunther - the penny actually dropped. In essence, profit is profit. It does not have to be made...

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Simple Order block and imbalance tests. Come back for liquidity before the real move down. Not much more than that to report at the end of the week. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have...

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Looking deeper at the Leveraged Funds and Asset Managers' last declaration of position. Here's the LF's current situation - painted on a weekly chart & showing how the dip correlates with the price moves. Are we institutionalized yet? Be interesting to get comments and thoughts on this aspect. Do the big boys already have control & influence or is the market...

Mayfair_Ventures Updated 

As a Venture Capital investor, we often get pitched crypto projects. On a personal note my first Bitcoin investment was in 2011. What I am starting to see now from both an investor & trader's perspective is the institutional money is gearing up to align Bitcoin with its "investment Instrument" criteria. As of last year, we saw Asset manager positions being added...

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Although not exactly education - I thought it would be different to ask rather than just post. As a trader of 21 years, I have gone through various ups and downs. Emotions, stress, pain and success. I thought it would be interesting to ask the question, it doesn't matter if you have traded 40 years, started due to Covid or been learning. The only competition in...