This video highlights why I continue to stay very cautious of this upward price move in the US markets.
It also highlights that the current trend is BULLISH - not BEARISH. When I post the videos in the morning, I've been selecting BEARISH as the general trend because I believe the markets are going to roll over into a breakdown phase. Until that happens, though, the markets are in a BULLISH price trend - attempting to possibly break above the current Ultimate High.
This is more of an instructional video - trying to show you why I continue to urge caution related to trends and why I belive we may have many months to go before the US markets really start to make a bigger "exit trend" type of move (exiting this broad consolidation range).
The other thing this video should teach you is how to identify EPP and Cradle patterns more efficiently and how to use them.
Ultimately, everything I share with all of you is designed to help you understand price as the ultimate indicator.
If you can grasp these concepts and understand how each phase of price structure presents opportunities, then you should be able to time and execute your trades very efficiently.
As I've stated in the videos, because of family medical issues over the past 60+ days, I've moved away from daytrading and gone back to a 2-5+ week swing trading style.
Simply put, I'm driving all over the place taking care of my family, seeing doctors, and other stuff - so I can't stare at my PC/Phone while the markets are open.
I'm also taking very low risk trades. If I decide to get into a trade, I'm usually avoiding the SPY/QQQ and selecting some SPDR sector (or other ETF) that allows me to play the move I expect without risking a fortune doing it.
Anyway, I hope you enjoy this video. I'll probably create one more after this video posts.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
It also highlights that the current trend is BULLISH - not BEARISH. When I post the videos in the morning, I've been selecting BEARISH as the general trend because I believe the markets are going to roll over into a breakdown phase. Until that happens, though, the markets are in a BULLISH price trend - attempting to possibly break above the current Ultimate High.
This is more of an instructional video - trying to show you why I continue to urge caution related to trends and why I belive we may have many months to go before the US markets really start to make a bigger "exit trend" type of move (exiting this broad consolidation range).
The other thing this video should teach you is how to identify EPP and Cradle patterns more efficiently and how to use them.
Ultimately, everything I share with all of you is designed to help you understand price as the ultimate indicator.
If you can grasp these concepts and understand how each phase of price structure presents opportunities, then you should be able to time and execute your trades very efficiently.
As I've stated in the videos, because of family medical issues over the past 60+ days, I've moved away from daytrading and gone back to a 2-5+ week swing trading style.
Simply put, I'm driving all over the place taking care of my family, seeing doctors, and other stuff - so I can't stare at my PC/Phone while the markets are open.
I'm also taking very low risk trades. If I decide to get into a trade, I'm usually avoiding the SPY/QQQ and selecting some SPDR sector (or other ETF) that allows me to play the move I expect without risking a fortune doing it.
Anyway, I hope you enjoy this video. I'll probably create one more after this video posts.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Love My Videos/Research - GET MORE..
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Love My Videos/Research - GET MORE..
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.