12. 24. 22 Tesla has taken a beating, however I believe it's time to look for buyers because the market is oversold, there is support in this area, and if we can find buyers, there is a good chance this market can go quite a few points higher with a V formation. Everything looks bearish...but this is where you want to go along when you find some buyers. Keep a...
12. 23. 22 In this video I am intentionally going back to the previous day when the market We tested the gap lower, and we could have made a $3,000 trade. Every video I try to decide if the market is going to trade higher or lower from the current price. I almost always have contrasting possibilities, yet I will still try to make a trade decision where the Marcus...
12. 22. 22 I should have made this homework assignment for Bobby because this is the post trade analysis it occurs on every trade whether I make money or lose money. It takes 5 minutes or less most of the time. This is the post trade analysis, and it is also the analysis of a trade where I thought the market would go higher but I chose not to take the trade....So...
12. 21. 22 I probably should have made this a homework assignment for Bobby because there were questions about bias ...and your bias can affect how you will determine probability. Of course, all of this affects whether you take a trade, and how you will manage the trade. Personally, I will go to the ritual, and take the time, and focus on an individual market......
12.20.22 I started out with Tesla I guess I think it's going to find buyers we go higher. At this very moment we still have not found buyers. When markets dramatically trade lower to support., the support increases the probability number reversal, strength of the price action lower makes Is it more dangerous to enter a long position...And this takes some judgment,...
12. 19. 22 The oil and the dxy looks like they're going higher. They made their reversals last week at support. However, they are trading into bearish price action, and need to go higher put pressure on to the sellers force the sellers to become buyers to exit their positions. Another way to state this how to say that the buyers who run the stops of the sellers. ...
12. 15. 22 Tesla should be fighting Buyers. The dxy should be moving higher from here. The metal should be correcting lower. The oil is correcting lower, but the pattern suggests that it should big to highest
12. 14. 22 Let me see if I can clarify I awkward video: I use range boxes to trade. Last week oil traded below the upper range box and went considerably lower. this is bearish and I would expect the market to trade to the bottom of the range box, but it didn't. At this move lower was so significant that when the market traded higher yesterday and tested the...
12.14.22 I spent a lot of time on Royal yesterday looking at 1 hour chart which I normally would not recommend because it's very time-consuming, it takes almost a constant re-evaluation of the market, and you're so busy it's very hard to follow more than one market at a time in my experience. However, it is a good exercise, and they can give you good information...
12. 13. 22 Oil Looked like an easy trade On a daily Chart... but it got a little bit more difficult on an intraday chart, and the does a function of the time frame you're using when you trade. It's worth looking at the detail of a smaller time frame because Dynamics are clear, however it takes a lot more work, and you have to think much more quickly, and you...
12. 13. 22 looking at Oil and the ES. and maybe Tesla Oil and the es had good trades if you were buying to open. The oil trade made more money, but it was a much riskier trade. The ES was a very good trade because the entry was as support... and it was in a range box. I think es trade what's more reliable and safer. I think the oil may go lower today because it...
12. 9. 22 This is part three do Bobby's homework assignment arrange boxes. I think range boxes will be the hardest part for somebody new. I wouldn't use it if I didn't think it was important. I think it's something you can develop pretty adequately in a month or so, and a month is no time at all. If you can figure out the range boxes without actually Trading so...
12. 9. 22 Bobby's homework assignment part 2 working with range boxes, and making some comparisons to the other line tools. Range boxes do not use specific pivots, the other tools will use specific pivot points. The formation of the first range box is exactly where I want it, but I gave a very sloppy presentation so I will do a part 3 to clarify the first range...
12. 9. 22 Bobby's homework assignment PART 1: Working with range boxes to get the information that we need from them. Making some distinctions between range boxes and other tools such as extensions.
12. 8. 22 natural Gas, lumber, and coffee are long trades or potential long trades, and I talked about the details, the tools, and market dynamics as it pertains to the trades.
12. 8. 22 I believe natural gas found the support and a reversal for a long trade. I intended to talk about more than one market, but I access push the button and the software push me into the published mode..... so I will follow up put another video brother markets.
The markets are getting very difficult to trade in many cases. One typical way for me to look at markets that are becoming more difficult is to look for a contraction in the market, contraction is not one simple thing, or change. In addition, patterns develop, and these can help us to change our perspective and make better trade decisions. We will look at a...
12. 6. 22 Long trade in lumber with a small stop. I will provide follow-up.