oil with some comparisons to the past and with gold currently.comparing the "old" pattern to oil with highly profitable swings to the way it is swinging ( or not swinging ) now. Then I briefly compared price action of oil to gold.
Metals
GoldImportant distinctions to be more accurate in judging price dynamics in a way to allow you to be more effective with how you use your trading tools.
DVY vs Goldcomparing gold to DXY; potential scaling technique for gold ( probably a little too risky here because of the very bullish three day move higher is the DXY.
FM price action in a boxIt seems like black magic sometimes how the squares of math lines up with future price. But, using the Gann box can help you look right instead of left. That is powerful.
Trade safe
M~
DXY, GBPUSD, EURUSD, GOLD LONG TERM OUTLOOKHi Guys
Thanks to everyone who recently followed me on here
This is my longer term outlook and what I'm seeing at the moment and believe is a good time to position in longer term trades and bias
Breakdown #GOLD #3This is the end of July and #GOLD can start the next month with a bull mommentum, the last week the price slow down but this week we have non-farm payroll so we can expect volatility. Enjoy the video and let me know your thoughts about #GOLD.
Breakdown #GOLDIn this video we analise the Monthly. Weekly and Daily chart for the week ahead. Enjoy the video and good week for everubody.
How to compare various instruments in one chartIt is good idea to compare instruments to get a deeper insight into potential big moves. In this 3 min tutorial I show how to create four scales on the right of the chart for four instruments.
To add instruments you use the compare button.
Then us a drop down arrow on the instrument at top left to find Pin to scale.
BRACE FOR IMPACT - BIG FLIGHTS TO SAFETYOf course I've been shouting about Gold and Cryptos before. Why? Why?... some people wanna know what's going on. (TURN UP volume on speakers. Microsoft updates caused a problem)
I posted on the big de-dollarisation war that was happening in the background months ago. I was also looking at the 'war index' in Lockheed Martin.
The smart money has already moved these markets. If you've missed, you're too late.
It is a very unstable and uncertain world now. We have wars of various kinds:
1. Trade wars
2. Currency wars.
3. Cyber-wars.
4. And as of Thursday/Friday, America almost went to war with Iran.
The dumb money is now long on the DJI. Yeah it might break out of 27000 but that's what the dumb money is gonna do.
Last week we saw the German Bund market head into negative yield. This means that investors are willing to put their money in for an initial loss on bonds. Yield curves remain inverted in America.
There is trouble ahead.
Watch where the real big boys are heading. Get smart.
Disclaimer: Nothing here is financial (or other advice). DYOR. This screencast is speculative. No liabilities accepted for your losses. In other words sue yourself if you take a position based on this post and lose your money.
Noob Lectures: stores of value & safe havensNoob Lectures
Lectures for noobs by noobs!
Old Chart with Bitcoin & Dollar Index comparison
THE BIG EIGHT: Where is the world heading?In this screencast I review 8 important markets. There are some common levels and patterns of price movements. The India50 is the odd man (woman) out.
The forecast of a global recession has been made (not by me). This is related largely to global debt now standing at around $233 TRILLION US-Dollars and debt in America currently around $22 Trillion US-Dollars. The picture is complicated by trade tensions, political and other macroeconomic events.
Our inheritance is will be the result of a decade of ultra-low interest rates and quantitative easing (aka printing of money), now complicated by global geopolitical and macroeconomic issues.
Stock markets (and related indices) have a complex but important relationship to the Forex markets.
GOLD: complexities of priceThe price of Gold has complex relationships with Stock Markets and the US-Dollar (among other things). In the screencast I point out some of the complexities looking back to 2007-2009. This is relevant to the current situation with Gold.
CNY, AUD and NZD correlations explained !The reasoning behind this very important set of correlations!
IMPROVE YOUR TRADING PSYCHOLOGY NOW / VIDEO / EDUCATIONALHey TradingView
In this video I will be going over a swing trade from this week and breaking down how this trade could impact a trader's psychology both positively and negatively. I also cover some easy to implement strategies that will make it much easier for you to let your winners run.
It really bothers me how little attention seems to be devoted to trading psychology. This is by far the hardest thing for most traders to grasp and master.
Please take a look at this video and let me know if it is able to help you.
SEISMIC: Solid Gold becomes easily electronically transferable. Yes - of course some will know about credit transfers of solid Gold. But the latest stuff is bigger! Some very clever people have found a way to transfer solid gold in more than just 'credit', by very robust electronic means. In other words wherever you are in the world you can ask for your solid gold and it will be sent to your hands! Ain't that crazy!? You can now buy stuff and pay in real Gold, using plastic! Ok so that part is like credit but it isn't. No longer is that totally linked to the US-Dollar value. So this is just like cryptocurrencies - but slightly better. In other words private individuals and some corporations are re-creating the 'Gold Standard' independently of governments and central banks.
What does that mean? It means that the 'big boys' with the smart money have been ahead of the race. They spotted some time ago, to their minds that the US financial situation - which has been labelled as bankrupt (not by me), with an unprecedented Debt to GDP ratio of 105.4, and a total debt of $16 Trillion - is frankly dangerous. People have become drunk on credit. Personal credit allowances are all adding up into one massive tsunami - which nobody is really looking at.(Well except the big boys of course).
Gold is has been connected to the US Dollar as we know it today. However, strangely currencies are no longer backed by Gold (since the 1970s). This has allowed the widespread printing of national currencies backed by thin air - and confidence in trade agreements etc. On top of all that, interest rates had been held near to zero in the USA for the last 10 years, and that's why there is such tension about The Federal Reserve (which is factually a bunch of private bankers), deciding to raise interest rates. They know a bubble has been created.
In other words, the crisis of 2008 was not solved at all. It was papered over and made worse. Yes - it's taking time to pop. Sometimes real bubbles made of soapy water will touch a surface several times and not pop. But when they pop and when Ponzi schemes crash, it happens in the blink of an eye. If/when the financial bubble pops Gold will rule again. But it will be too late for the average investor to get on board.
I'm not saying that everybody should rush out and buy Gold. What I'm saying is that sensible investors and traders need to get prepared now. In fact 'now' is a bit too late.
Postmortem - Managing losing trades like a proIn this video I use the recent losing gold trade to talk about how to manage trades like a pro. You do this using 3 main principles 1)Risk small amounts of capital, 2)Don't over-trade, 3)Don't ignore counter-position price action.
