8 20 24 in this video we talked about the new high on gold and the argument that this may be a reversal pattern based on ABCD patterns. I also talked about the importance of looking at higher time frames to find clues that the market might do something that you would otherwise Miss. we also talked about soybean oil which I believe will trade higher and I...
8 19 24 soybean oil just generated a long trade during this video. it was not a long trade last night because it was too late to go long... but it ended up going just a little higher and then going lower to a support area a little after 10:00 in the morning..... and it's worth looking at the differences in the pattern to avoid what would have been a losing trade...
this is the second video for Sunday. there's some follow-up here from earlier tonight. we also are looking at gold and soybean oil. soybean oil is a clean reversal pattern to go higher and we use a small stop.
Sunday night 8/18 /24 this video is one more example of how to look at the bars using the correct time frames and deciding if there's a trade opportunity or not. normally I would look to be a buyer because the market came to a reversal pattern for an abcd pattern... but there are no buyers... in today's bar is a little bit lower than yesterday's bar on...
8.8.24 I spent my time on oil because it's a potential reversal area to start moving lower and if you had entered the market at the support area you would be more than 3000 ahead which is not a bad return in the few days that you would have been in the market. on the other hand it looks to me like there are no sellers in the market and I would be looking for...
8 7 24 Here I made some comparisons between the es and soybean oil. I made my point in the video so there's no need to spend a lot of time on this introduction. I believe the biggest problem Traders have aside from not having enough capital, is that the biggest problem they have is the way they think and their inability to recognize it and make meaningful...
8.6.24 soybean oil went a little bit lower today to a measured move and a possible reversal with a fairly small stop. I do not trade this Market. it but it is probably a good Market to look at. I showed you how you could have found the short trade, where you should have taken your profit, that you have the beginning of a long trade to go higher. it's a good...
8 6 24 in this video I just got gartley patterns which are fairly high probability reversal patterns according to gartley. the silver took a significant drawdown from its high and the breakout buyers on the way up could have lost as much as 7% or more on the correction lower. when a market takes this kind of a correction in a short period of time... it is...
the market for the Russell should be going higher I'm using all the tools including the extensions. the retracement, what it means to have expansion and looking for trade location for buyers and sellers, and looking for ABCD pattern reversals.
8 4 24 in this video I spend more time showing the significance of expansion because an expanded Market has different trade locations then a market that is not expanding. the chances are you won't see expanding markets until you learn what they look like and make the commitment to work with it to see if it's something that will help you.
8.1.24 in this video I spent a lot of time talking about the es which I thought was going considerably lower. but even if I had taken a trade to Short I would have had a very small stop, but in reality if I traded the 2 bar reversal that suggested it was going to go higher that would have been the proper trade decision if I followed my rules. if I followed my...
the last day of the month.... almost.... we have one more day but I'm not redoing the video. I wanted to talk about the last high or low pattern that I learned years ago when it really resonated with me in a significant way to change my thinking. the es is set up to go possibly a lot lower. I was asked to look at the oil as a long trade and I think that...
July 26 Friday in this video I wanted to show that the market did go to the area where we would find buyers and that would have made around an 80 or 90 point trade on the ES. I believe a lot of Traders would have a hard time taking a trade at the trade location I was looking for because it felt very bearish. want to get into these markets before they...
7 25 24 in this video I show the setups for the ES and silver for long trades with small stops. I'm using daily charts and 4-hour charts looking at ABCD patterns and extensions... and support if I want to be a buyer to open a long position. almost all these patterns can be set up ahead of time if you judiciously place the tools that can help you find reversal...
7.19.24 the problem with all men is that they mumble and they can get confused very quickly. if you can get past that.... using the tools that I like to use.... you will see classic reversal patterns that will show you great opportunity even though the market will do it on its own terms and not exactly time frame. the dxy, the gold, and the silver traded...
7.18.24 this video spent some time looking at the dollar versus the gold and silver which are bullish. all 3 of those markets are positive for the day which can be confusing. there are a lot of people who think that the overall markets going to take a beating.... and I agree with that, but I believe the markets will give us plenty of time to make a good trade...
7.8.241 of my students asked me if you could short Tesla... and my answer was you don't want to short it right now. I know a lot of Traders would take that short and we may find out in the next day or two that that would have been a fantastic trade to Short. but there were no sellers when he asked about shorting the market and that presents a problem fo..r me...
July 5th I spent a lot of time on bitcoin because I made a projection 2 days ago that the market was going to have a reversal and go higher. I was fairly sure that that was going to happen. I needed to wait for the next day and in the first 2 hours the market started going higher. however, after 2.5 hours It reversed and started to make a new law... so if I had...