I would like it if traders would find 10 to 20 stocks between the five dollar and $30 range that look like tradable stocks on the US equities exchanges. My preference is that we look at price action and structure and that there are very few or no oscillators on the chart if at all possible. I go into more detail on the video. I am not looking for extravagant...
12.9.19 years ago I used to get in so much trouble because I felt I needed to take a chance for a possibly very good trade i.e. it was worth the risk even though I wasn't totally comfortable with it. The problem is I became very stressed out and lost money. it took quite a bit of time before I realized something about my personal psychology that was getting in...
12.8.19 MYL and ENPH similarities and comparisons pertaining to markets that are ready to change direction and are associated with market manipulations to get traders out of their position, or trading in the wrong direction.
12.7.19 a story about a hard working guy that I met.
12.5.19 IOVA ENPH I'm looking at two markets in describing 1-3-5 patterns and 3-drive patterns.
12.4.19 Follow up: DXY Gold AMZN Bitcoin ENPH IOVA THIS IS WORTH A LOOK.
12.3.19 11am More happened on Gold from previous video today. At this point look for breakout failures in gold and the DXY. If you were a buyer, think about what knowledgeable sellers might be thinking...and vice versa when you are a Seller....and then adjust your target, your position accordingly.
More talk on price dynamics with gold. I think it is a decent, worthwhile video, but I ran out of time and the "probability discussion " is incomplete because the probability that this market will go higher and above that range box because of those two larger range green bars. I will elaborate on this in other videos. The point will become clear...which is...
Looking at structure and price dynamics on oil...through the eyes of buyers and sellers...with emphasis that you need to know where the sellers are if you are a buyer, and where the buyers are if you are the seller....and this is what helps you target realistic targets.
11.30.19 Screening out markets with low volatility. Comparing DXY to the USDCAD and deciding that the USDCAD is a lousy market to trade now. If you want to make money it is easier to do with volatility. See what you think.
My thoughts about mentors and students...and what I know works for me. Good mentors and Good students.
11.27.19 Yesterday I uploaded a video suggesting that the dollar was going higher. Today is the follow-up in a quick review of that market. Next I discussed oil and talked about ways of taking profit and scaling entries and exits to make more money with less risk. And then I took an example using the oil chart of how markets are really much more likely to benefit...
11.26.19 dollar, gold, amazon, IOVA, ENPH Important market dynamics: bear traps; expanding triangles; general market dynamics. I think it's a decent video, but you might need a beer or rum and coke, and drink half of it before starting the video. But remember, never drink and drive.
I posted a hypothetical trade a few weeks ago after listening to well-recognized market analyst state that Amazon looked like it was going to go lower. When I looked at the chart I thought that it was a good long trade. Today I'm going back to reanalyze certain market behaviors, as well as what has happened since the entry. Things have happened in the past few...