Phone is one of those tickers that I’m watching for the next cycle here with crypto. Currently at interesting inflection point the challenges if it doesn’t stop here then there’s a big hole between the current price and down to the two dollar area or so. That would be my concern starting a position here. One thing to consider is a DCA starting here down to...
Welcome to my Bitcoin TA where I go thru just the chart from a high level looking for areas of trading opportunities. The foundation of this whole video comes down to this: I'm of the opinion Bitcoin will get above 100K. So I'm doing TA on where to put my entry zones. - 1st Entry hit at 59,872 I'm out of all swings and also looking for swing entry zones. ...
In this video I share a simple TA method I use when I've identified two significant levels. For this example we're using the anchored vwap from both the most recent significant high and significant low. Once we have those defined and price begins to trade Within These two levels I like to draw what is called a value Channel. A value channel provides me with...
History doesn’t repeat; it rhymes. I’m of the belief we will see a modern era “Great Depression.” If they actually call this the “Great Depression II” you’ll officially know all creativity in the world has been destroyed. I believe that GOLD will eventually hit 5,800 – 6,200 within 10 years. I believe the final impulse will happen in 2031. TL:DR 2023 will...
What follows is a high level analysis of the AMEX:SPY using the RD Trade System. Overview Since around March 29th 2023 the AMEX:SPY has been momentum and bias long the last RA check was on April 23rd and May 23rd both of those bias checks held up it's also maintained momentum throughout this whole time. There is no reason to short the market at any point...
Here’s what the RDTS is revealing for PLTR: Strategy 1: This move will most likely stall around 14-16 and spend 1-2 weeks in this range. From there it will roll over. Little tough to project where it will find “support” on the downside move. At this time we are preparing to start to DCA around 6-7. For it to get to this range momentum will have to shirt...
So as we look at the NDX not much has changed from last week. We'll start with the immediate today key zone. as I write this the futures market is just slightly above it. the most important thing is does this key zone hold up today? If that gets broke the key areas to watch is the previous week open right around 12,930. From there our next downside reaction...
NVDA has provided pretty clear bias and momentum signals. Hey, this isn't trade advice. The upside target is 270-280. This clicks with key 4D level as well as RDA projection zone (grey lines). I teach simplicity and I ask 2 questions: What Should Happen? Bias and momentum should hold on 4D and D charts Price should probably stall around 216 but...
The first concerning thing from the day timeframe from a LONG perspective is yesterday we have a triangle RD RSI signal and pattern that has formed. Unless answered by a green candle counter RSI signal (most likely on the slow momentum check) we'd expect 60m SHORT bias and momentum to hold. Weekly open within sight of being lost with 240 RDA as the next...
As we sit right now it looks like the NDX might gap on the open. I'll be live trading streaming this week so tune into that, also update idea as week unfolds. If we start on the upside the zone what we're watching is the August 2022 4D key level at 13,639. A reach for the market would be the 4D extreme zone between 13,900 and 14,100 or so. On the downside we...
Interesting setup here on COIN. My primary analysis was with the 4D, on that chart price as recaptured momentum and bias (the RDA). So I dropped down to the daily to verify the pattern is holding and if the signals cascade down. They did. Below is where I'll enter this trade, I might start on market open today regardless of if it gets to this zone. Scale is...
Let's trade the last hour. Make it back, finally Tradovate is up and running. No more focus on PnL just focus on good trades.
Today will not be like yesterday. A trader must bounce back from a bad day. Today that starts. We are trading the NQ and CL. Also, my charts will be a bit different today as I'm trading both NQ and CL (OIL).
Let's trade the futures market. Had a few tech issues this morning but we are live now. Feel free to ask questions, comment, or trade along. Last 2 days my nephew traded now it's my turn.
Yesterday was fun. I threw my nephew into the ocean on the NQ and said... trade. Today he's on his own with a small account, fees, and the MNQ. Let's see how he does. I'll be there in the background but today he will get a taste of the real.
Well sort of, I'm sitting here, he's piloting, we're flying, will we crash? The last week or so I've been teaching my 20 something Marine nephew to trade, now it's market time. It's in the 4 chart setup and we trading.
Let's put in some trade time this morning. I've already been trading a bit, but let's continue.
Let's do a short trading session. Probably not the best time in afternoon but I've been doing a bit of trading already.