When Bitcoin was trading at around 60,000 level in late 2021 and before that year, whenever friends, acquaintance and participants asked my opinion about investing into cryptocurrency, immediately I knew they may not know much about cryptocurrency. To clarify, I am not an expert in cryptocurrency, but I know its intrinsic value could not be calculated then and...
When we grow up we often look at disciplines as being behind an "education wall". While this might be the case, I believe being a trader is its own discipline and the education is vastly self-driven and done through the free university hosted by Mr Market.
Often times we find ourselves staring at the futures or the pre-market before the actual markets open. Is there a point? And why does it matter whether we have an opinion about the futures or the pre-market?
FED-backed pumping or rather re-pumping of the popped bubble, has taken the DJI to unexpected levels. I think they're making the same mistake all over again. Have a look. No predictions. I don't do predictions. Tough. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can...
This is a pretty short vid. I'm looking back to 2001 to see what happened, to cautiously draw some ideas about what may happen in the 2020 bear market. The present picture is very different, of course. 2020 is showing a faster deeper dive. The SPX has recovered to a 61.8 fib. It could go higher. If it heads south, it's impossible to say how far south.
Just have a look. I present a case for probability south on the DJI (Wall Street). Reality is catching up. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions...
This is a 60-second screencast. It is designed for thinking - the most important activity in trading.
This is the Brazilian Bovespa - short take. See what happened.
This is serious picture emerging right now. Have a look. I'm watching what's happening with Gold in relation to the Down Jones Transportation Index, and Bitcoin. This is all coronavirus related. In tight summary, the smart money is moving into things that store real value - the kind that's unlikely to be affected by central banks. Disclaimers : This is not...
This is serious. Find out what 'REPOCALYPSE' is about. Protect your positions very carefully. Get real - I don't know when it's happening nor does anybody else. REPOCALYPSE is not just doom-saying stuff, though it might appear sensationalist. This is reality mates. Those who keep there heads in the sand and do not take protective actions will be flushed out....
The big man says 'Game Over'. Well for traders the 'Game' may just be about to start or restart. This is geopolitical news - the important kind that could rock markets (stocks and forex) all over the globe. I point out some important findings from the Mueller investigation report (which I declare as accurate summary statements). I show possible market moves on two...
The SPBUYUP index has not been shown in a published idea on Tradingview before now (I checked). It is the index which tells how much companies are buying back their own stock to keep the S&P500 afloat. So if this fails, market 'manipulations' of the S&P500 could fail. Of course, this not the only thing that influences the S&P500 but it is a significant marker of...
Apple - has had to obey the laws of 'physics'. Basically the higher you go the harder you fall. People are of course living on hope - as you would if in a plane crash (by way of analogy only). I'm afraid the outlook isn't pretty - and that's not what people want to hear about. People need hope. Apologies. I only provide reality. I say what's on the charts....
I explain in the screencast why I think 'crash' is an irrelevant issue. It is impossible to know whether 'we're in a crash' because a crash can only be discovered well into into it or after it has happened. True trend-followers will appreciate that all one can do is find a suitable trend - and follow it. Simple but I didn't say it was easy. In fact I will...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
Today I'll start the first of a new serie, I'll call them the "Today's Lessons". I'll make one whenever the market will have nothing to give in terms of actual trading. So instead of losing your time in from of irrelevant pricings... you'll learn something to get a little better in trading ! Hope this idea will inspire some of you ! Don't forget to hit the ...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...