Here is another video to help you prepare for the next 2+ weeks of trading in the US markets. Using my specialized SPY Cycle Patterns and technical analysis, I still see the markets consolidating in a melt-up type of trending over the next 2+ weeks before moving into a strong rally phase near late June/early July. You can see how my SPY cycle patterns help into...
My research suggests the SPY will quickly rally above $560 and continue higher to breach $608 (a 100% Fibonacci measured move) before the end of August. The Q2:2024 earnings data and continued US economic strength will drive capital investments in US equities over the next 3+ months. Traders continue highlighting the risks related to US banking issues and the...
Part XIII - Failure At New High I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves...
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
The Ethereum ETF news came and went this week. It has set up a DOUBLE Spike. As a trader you can often see where traders probably have their stops set. Breaking one of these could trigger a cascade of stops in that direction. This video lays out what to look for in this unique price action situation where INDEX:ETHUSD currently sits!
My research continues to support more Bullish trending for the SPY and other US major indexes. I keep seeing others propose a market crash scenario - week after week... after week. I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone...
Clean chart. Clear tapering and orange algo proven control - looking for green and yellow buying continuation to continue the breakout with controlled selling down yellow and magenta Careful on this one especially because it's below $5, risky, and all meme stocks can pop at any time. Happy Trading :) - TraderDaddyOG
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the $60,000 holds, we are expecting a continuation till the upper bound of the range and $70,000. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the resistance holds, we will be looking for sell setups on 1H. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Teter dominance analysis in 4-hour and daily time frames Since the Dominance Tether image of Bitcoin moves, we can get an overview of the market movements by analyzing the Dominance Tether
There was no reason to miss this trade! But if you did, there will be more opportunities for a long entry before we retest the higher time frame white selling channel above. Look for these same controlled selling algorithms to appear before getting picked up by buying continuation (ideally yellow strong) Happy Trading :) - TraderDaddyOG
Yes, 48 R:R sounds crazy. How about a 54 R:R? even crazier. Watch this video to understand how this is super possible over and over again in the markets. Happy Trading :) - TraderDaddyOG
When I put out a video of this last week, the main reasoning was our sell-side tapering and clear liquidity building within our tapered orange selling channel. We are now well on our way toward a HTF breakout and have a fully bullish outlook. Happy for all who joined me on this move! Happy Trading :) - TraderDaddyOG
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the $70,000 holds, we are expecting a continuation till the upper bound of the channel and $80,000. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
We are looking for a confirmed activation of our buying continuation - that could be yellow HTF acting as support but ideally we will need to activate something stronger like purple or on the LTF green/blue. Happy Trading :)
We are at a potential great buying area and as you see there is a lot of room to the upside. I will be looking for us to prove and activate one of our stronger buying continuation algorithms (stronger than orange) to then try and break out of our magenta and white controlled selling algos. But forsure the retest and support of green which had initiated our ascent...
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!