April 4th some of the oscillators that you see on bitcoin in trading View suggests that the market is very bearish. this is why oscillators are so unreliable. there's another consideration here and that is the importance of finding a time frame that will give you much more clarity than other time frames.... and in this case the monthly chart is the time frame...
July 2nd 2004 this video started with Tesla because I thought Tesla was going to go lower and now it went higher, and I'm wondering if this is the climactic move that's going to reverse lower even though there are reasons to think that this is a reversal pattern that will go lower..... and yet the price action is bullish. nobody that I know really likes to...
June 27th this video takes a look at range patterns and trending patterns. the bars and the way the market does retests is a good way to evaluate for a trade that will take you in the direction you're looking for. 1 of the problems with Trading especially when you have expensive equities or you're trading the Futures Market is that a small stop... is not...
11:00 June 21st 2024 I think Bitcoin is close to a reversal higher and I would be looking for that reversal Sunday night or sometime on Monday. silver had a great opening price trade with the 2 bar reversal it moved about $5000 per contract where it came to sellers. so silver is a fast Market that quickly gave you a very good return as a seller but my...
June 11th 2024 in this video I spent some time on crude oil where you might consider trading it as a buyer or a seller, I would be a seller if I had to trade the market where it is now---- always with a small stop. The es has a reversal move here to Short so... if I shorted it I would have a very tight stop, and I probably wouldn't short it because the...
5.20.24 this videos is about you markets the that are coming to are target on an ABCD or any other pattern....but has very aggressive price action that suggests that this is not a reversal.
5.13.24 Looking for trades in the ES. possibly coffee. There's a chance that oil may move higher. Generally contracted markets are harder to trade than expanded markets... but some traders may feel there's less risk if they stick with the contracted markets... but this is probably not going to be a good way to trade because you want markets that really move...
5.10.24 This video focuses on reading price action and patterns mostly on the dxy but then we took a look at gold which is a bullish market. I will try to do a video on Saturday to look at silver which I didn't get to on the video. I'm not not so sure we're at this point yet but at some point if the metals keep on going higher the silver is going to go a lot...
5.9.24 I looked at the dollar, Gold AND silver. the ES... coffee....Natural gas
5.3.24 this is a short video on coffee which is an expanded market and they are the best markets to trade if you could identify the trade location for buyers and sellers. I would be looking for buyers in this market to take a long position... but on the current swing we don't see buyers yet. But we set it up having a strategy and using our tools and now we...
5.3. 24 just as in the other videos I'm focused on price action and how the markets move from buyers to sellers and sellers the buyers and with the reversal patterns look like . it takes active engagement to analyze the market but it doesn't take a lot of time once you become consistent with your tools and how you look at the market.
5.1.24 I picked Bitcoin as an example of how I look at potential trades as a buyer or a seller using gaps the way I look for gaps and whether or not the market retest those gaps or not. I'm making my trade decisions by looking at bars on the chart not all the ancillary tools that you can put into your chart.... I don't use those tools because they cause conflict...
4.29.24 I think the test was coming to an area where it's running into Sellers.... even though it's a bullish pattern... so I explain my thinking there. There's a little bit of a mixed message between the dollar which is going lower at the time I'm doing this video whether I would take a tradethe gold market. And I looked at the silver market... and I took a...
4.29.24 The dxy is easy to chart. it shows you fairly easily where the reversal areas are in the past. so I decided to clean up the chart while I was doing the video. I wanted to show you how I keep the charts clean and without clutter always trying to use the tools that will help me make trading decisions in real time...... and strategically picking entry points...
4.23.24 This video was mostly about reading the market... looking for the location of buyers and sellers using important patterns and not using tools such as oscillators that are far less accuratedo not provide you with a trade location that increases your chances of the market moving in your direction before it moves significantly lower.
4.17.24 The video was on the long side but I showed you the details of how I would look at a trading opportunity for those two markets using the tools that I talk about. The idea is to find the best entry and to get in when the market's not likely to stop you out with a small stop. this is what it looks like for these two markets right now. If you trade you will...
4.10.24 If I had taken the dollar trade I would have lost money with a small stop... so it was losing trade... but it turned into a two-bar reversal to go long and that would have made up for the loss of money on the first trade and then some. Markets can certainly have a two bar reversal that will entice you to take a trade in one direction but if the market...
4.10.24 In this video I thought I would go through the process of deciding if there was a trade or not on the dxy... I would lean towards this market going lower and I explain why even though I would not take a trade on the dollar because it's too contracted and isn't worth the effort because I'd rather trade more volatile markets such as the metals or oil...