Daily Checklist Before The Market Opens | Sep-26 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 7 out of 5.77
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 86.88-81.73
🛸Buy UFOs: 73.95-72.27
3️⃣Options IV: 50.82%
🚀Daily Expected Move: ±2.51
🚀Weekly Expected Move: ±5.52
🚀Monthly Expected Move: ±11.49
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 9 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1696.9-1661.3
🛸Buy UFOs: 1612.4-1576.0
3️⃣Options IV: 19.42%
🚀Daily Expected Move: ±20.14
🚀Weekly Expected Move: ±44.33
🚀Monthly Expected Move: ±92.29
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 9 out of 5.01
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 111.580-109.860
3️⃣Options IV: 12.74%
🚀Daily Expected Move: ±0.91
🚀Weekly Expected Move: ±2.01
🚀Monthly Expected Move: ±4.18
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 8 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 19762.5-19372.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV:99.41%
🚀Daily Expected Move: ±1180.43
🚀Weekly Expected Move: ±2598.60
🚀Monthly Expected Move: ±5409.42
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Cycle
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood start to the week,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 30 days and is expanding (currently at about 9.8%). In concert the situation is bearish and slightly flat over the long term. Now the price is on the Tenkan so in a balanced situation on the short term.
The Kijun Trend indicator continues to indicate looking for short positions.
Heikin-Ashi:
The Heikin-Ashi confirms the bearish movement.
Supports and resistances:
- 25000.00 by Fibonacci
- 24600.00 Tenkan Weekly
- 23400.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 22400.00-22600.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20200.00 Chikou cusp level or flat zones of Kijun and Tenkan
- 20000.00 psychological threshold
- 19100.00-18900.00 level cusps Chikou or flat zones of Kijun and Tenkan
- 17080.00level cusps Chikou or flat zones of Kijun and Tenkan
- 12700.00from the waves of Hosoda
- 11000.00-13000.00 level cusps Chikou or flat zones of Kijun and Tenkan
For the various static price structures, reference can be made to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, also Chikou for the daily time frame, are plotted.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels on the Daily still show us a positive long-term sentiment and places the 0 to the upside on 75000.00. Price is moving away from level 1 represented by 250000.00
Conclusion:
The situation is bearish as all the lines indicate.
Hosoda waves indicate an ABC pattern with targets at 17741.19, 22414.21, 27087.23, 27472.02.
From a fundamental point of view, between war, inflation, and energy issues, the situation is not changing and the markets will probably not improve before these issues are resolved either. Etherium's move to PoS has also been received more as a "sell the news."
It is important to assess the close during the week on the following price structures:
- Bullish/Lateral: 21800.00-22400.00
- Bearish: 18773.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC Dominance: Increased.
- Price of BTC: Decreased.
- Alt Cycle Expectation: Decreased fast.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
HOW A LONG CYCLE UNFOLDS IN REAL TIMEKUCOIN:INJUSDT
Above diagram is a simple graphic of a Long trend cycle.
CONTRACTION - EXPANSION - TREND.
Prices tighten into a sideways corrective environment to the point of almost stoppage (This is where the phenomena of frozen candles pre break occurs) once a fair and true value has been confirmed by the market it breaks out into an expansion phase which begins to oscillate around true value taking out highs and lows in the process before moving into a dedicated Trend phase.
In the above structure a return to value will be in play though you should await the trend phase to trade the short move back to true value or equilibrium. More experienced traders can use this cycle knowledge multi time-frame to sell the highs back to true value.
THIS KNOWLEDGE UNDERSTOOD HAS A 90% accuracy to trading via orders and 100% to active and live trade management.
Any lows under true value are buy signals and any highs over true value are sell signals.
Bitcoin Cycle Regression Trend AnalysisLooking at price retracements from prior cycle ATH's to ATL's we find bitcoin retracing slightly less each time. Regressing the sequence yields about 82.6% from Bitcoin's 69k cycle ATH, putting the projected cycle low in the 12 K area.
Red channel is a potential channel formation to watch for.
Arrows serve as a visual aid of waning trend momentum cycle over cycle.
Big Cycle Pattern Day - Momentum Rally DayThat means the SPY should find immediate support (after it appears a big GAP downward reflecting Europe's recession concerns).
Here's a little hint: Bitcoin will likely rally along with the SPY/ES and others over the next 7+ days.
The strength of the US economy/US Dollar may drive global investors into US assets and safe-havens throughout the end of 2022 - possibly setting up a very strong Christmas Rally phase.
Remember, this was all predicted over 3 years ago by a major cycle event. I have every day mapped out all the way past 2026 and beyond.
Next week should be very exciting. The potential for the markets to rally higher is high. There is a CRUSH day (9-28) that may represent some type of corrective price event, but other than that one day, the momentum appears to be to the upside.
Hope you guys are enjoying these? Please comment or let me know if you find these valuable in any way/form?
Follow my research...
Daily Checklist Before The Market Opens | Sep-23 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 6 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 47.10%
🚀Daily Expected Move: ±2.39
🚀Weekly Expected Move: ±5.27
🚀Monthly Expected Move: ±10.98
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 8 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1717.3-1703.0
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 17.93%
🚀Daily Expected Move: ±18.73
🚀Weekly Expected Move: ±41.23
🚀Monthly Expected Move: ±85.83
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 8 out of 5.01
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 109.995-109.075
3️⃣Options IV: 10.72%
🚀Daily Expected Move: ±0.76
🚀Weekly Expected Move: ±1.66
🚀Monthly Expected Move: ±3.46
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 8 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 19762.5-19372.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV:97.63%
🚀Daily Expected Move: ±1189.43
🚀Weekly Expected Move: ±2618.41
🚀Monthly Expected Move: ±5450.66
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
DAX respecting diagonal supportThis is Germany's stock market index, one of the strongest economies in Europe.
The index consists of the 40 largest companies listed in Frankfurt Stock Exchange.
On the monthly chart we have the red diagonal line, which has been a support since the beginning, as shown in the circles.
We also have the middle yellow line, which has been tested 11 times as a support.
In the times when the line was 'respected', I put the green number.
When the line was broken, I put the red number.
Will it break down this time?
Cyclically, the price reaches the red line in the month of March.
So if this periodicity continues, the price would reach this line in March 2023.
Or if it happens equal to 2011, at least it would come close in September this year.
At least in the short term, the scenario does not seem to be the best, and this is true for all markets.
The monthly MACD is pointing down, which is not a good sign.
But just because something happened in the past doesn't necessarily happen in the future.
This is just a prediction and a question.
Daily Checklist Before The Market Opens | Sep-22 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 48.65%
🚀Daily Expected Move: ±2.55
🚀Weekly Expected Move: ±5.62
🚀Monthly Expected Move: ±11.69
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 7 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1717.3-1703.0
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.48%
🚀Daily Expected Move: ±19.52
🚀Weekly Expected Move: ±42.98
🚀Monthly Expected Move: ±89.47
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 7 out of 5
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 109.995-109.075
3️⃣Options IV: 10.67%
🚀Daily Expected Move: ±0.74
🚀Weekly Expected Move: ±1.64
🚀Monthly Expected Move: ±3.41
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 6 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 19762.5-19372.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV:93.31%
🚀Daily Expected Move: ±1111.53
🚀Weekly Expected Move: ±2446.91
🚀Monthly Expected Move: ±5093.65
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Topglov. >25% majority can’t decide ASP?! 22/Sept/22Topglove. We’re at the “junction/ intersection “ of 2 median line ( dotted yellow) of 2 major (long term) ascending parallel line ( cyan) + Plus Fibonacci 0.386 lvl which is around RM0.570. Let see whether price could keep above RM0.50 for coming few months. We have 2 “news”. The “Good news” is we might close to complete correction of expanding flat (A)(B)(C). But the “ Bad news” is we might just completed wave (a) of the coming multi years triangle / sideway pattern..
Daily Checklist Before The Market Opens | Sep-21 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 48.23%
🚀Daily Expected Move: ±2.61
🚀Weekly Expected Move: ±5.75
🚀Monthly Expected Move: ±11.97
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 6 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1717.3-1703.0
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.59%
🚀Daily Expected Move: ±19.72
🚀Weekly Expected Move: ±43.41
🚀Monthly Expected Move: ±90.36
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 6 out of 4.99
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 109.995-109.075
3️⃣Options IV: 11.31%
🚀Daily Expected Move: ±0.79
🚀Weekly Expected Move: ±1.73
🚀Monthly Expected Move: ±3.60
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 19762.5-19372.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV:93.45%
🚀Daily Expected Move: ±1116.14
🚀Weekly Expected Move: ±2457.06
🚀Monthly Expected Move: ±5114.78
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Sep-20 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 3 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 90.19-85.06
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 46.75%
🚀Daily Expected Move: ±2.51
🚀Weekly Expected Move: ±5.53
🚀Monthly Expected Move: ±11.51
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1717.3-1703.0
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.37%
🚀Daily Expected Move: ±19.38
🚀Weekly Expected Move: ±42.67
🚀Monthly Expected Move: ±88.82
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 5 out of 4.99
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 106.840-106.180
3️⃣Options IV: 11.08%
🚀Daily Expected Move: ±0.77
🚀Weekly Expected Move: ±1.68
🚀Monthly Expected Move: ±3.51
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 19762.5-19372.5
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV: 89.41%
🚀Daily Expected Move: ±1092.38
🚀Weekly Expected Move: ±2404.77
🚀Monthly Expected Move: ±5005.94
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Sep-19 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 2 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 90.19-85.06
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 47.44%
🚀Daily Expected Move: ±2.48
🚀Weekly Expected Move: ±5.47
🚀Monthly Expected Move: ±11.38
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1717.3-1703.0
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 18.31%
🚀Daily Expected Move: ±19.28
🚀Weekly Expected Move: ±42.45
🚀Monthly Expected Move: ±88.37
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 4 out of 4.98
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 106.840-106.180
3️⃣Options IV: 10.86%
🚀Daily Expected Move: ±0.75
🚀Weekly Expected Move: ±1.65
🚀Monthly Expected Move: ±3.44
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 20407.5-19875.0
🛸Buy UFOs: 14347.5-13027.5
3️⃣Options IV: 88.71%
🚀Daily Expected Move: ±1030.33
🚀Weekly Expected Move: ±2268.16
🚀Monthly Expected Move: ±4721.54
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Gold. How to trade major breakout(1680) w/ stop lost. 18/Sept/22Gold. We had a solid big bar/candle on daily chart closed below 1680. So possible a “legitimate” major “breakout”. Price probably will have a “magnetic” pullback toward previous orderblocks/supply zone on smaller candle where those hot money “gather” before a following “heavy distributed explosive move” with big candle/bar. This would be “ the base” where the “gunfire” will be ignited with more “explosive power” = ( from 1700 to 1600 a whopping $100 ( 1000 pips) drop!) . probably right after FED “big date” on 20-21/ Sept /22 AND..Last but not least where is our “last defense / stop lost” for “this war”...
Weekend Learning: Recognizing the Market CycleOne of the biggest problems that I faced at the beginning of my trading journey was recognizing the market cycle.
I have seen people who have spent a lot of time and effort learning candlestick patterns, but know that without understanding the market cycle, even the best patterns will fail.
The graph above can help you to first find the market cycle and then look for different patterns to trade.
Every chart has only and only 1of this 4 patterns:
1.Breakout 2.Tight Channel 3.Broad Channel 4.Trading Range
1.Breakout:
Has no pullbacks or just 1 small pullback. Only buy or sell in direction of breakout.
Stop is far so risk is high, trade with smaller position size.
Better to get swings but scalp is ok.
Don't trade against the breakouts.
Example:
2. Tight Channel:
It's breakout on higher timeframe.
Most pullbacks last 1-3 bars.
Stop is wide like breakout.
Trade only with trend.
Example:
3. Broad Channels:
Trade mostly in direction of channel, other side can scalp.
Have strong opposite side legs but stays above/below prior low/high.
Buy/Sell at 2/3rd of prior leg.
Example:
4. Trading Range:
Bulls and Bears scalp.
Bulls buy low and bears sell high.
Example:
I am a price action trader and all my knowledge and the mentioned material is from Brooks Trading Course.
TheKing Cycles- Nothing can be perfect in Life or in Trading, but you can always brighten up your day.
- Remember "Cycles are Cycles"
- Everything is in graph
- You can follow bears, predicting 10 years of recession, but we are in a big recession and for a long time already.
- You can fall in the deep and predict the darkness.
- i like to see the sunshine in the morning and i will always radiate warmth.
- Follow Hope, and always believe in your own judgement.
- Be Bold and do the opposite of what commons peoples think.
Happy Tr4Ding !
Daily Checklist Before The Market Opens | Sep-16 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 1 out of 5.78
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 90.19-85.06
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 46.63%
🚀Daily Expected Move: ±2.49
🚀Weekly Expected Move: ±5.49
🚀Monthly Expected Move: ±11.42
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 3 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1717.3-1703.0
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 19.66%
🚀Daily Expected Move: ±20.69
🚀Weekly Expected Move: ±45.55
🚀Monthly Expected Move: ±94.82
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of 4.97
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 106.840-106.180
3️⃣Options IV: 11.03%
🚀Daily Expected Move: ±0.76
🚀Weekly Expected Move: ±1.68
🚀Monthly Expected Move: ±3.49
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 3 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 20407.5-19875.0
🛸Buy UFOs: 19395.0-19075.0
3️⃣Options IV: 87.09%
🚀Daily Expected Move: ±1078.72
🚀Weekly Expected Move: ±2374.68
🚀Monthly Expected Move: ±4943.29
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Gold. Breaking 1680 w/ 52 wks low! 1400 is next! 16/ Sept/22.Gold. By breaking 1680 critical support. I have to review the big outlook of gold chart ( And gold has inverted medium Cycle which I’ve missed it )..its previous cup and handle pattern might “shift to” a big triangle pattern ( ranging /base) in wave in (IV)(yellow)...Apparently FED “prefer” $ cash is king = US dollar/ 10 years bond “ not stocks even “smashing” gold! Which used to hedge inflation. Gold price probably drop another 15% or -150% if you are trading x 10 sport gold by leveraging! reaching around 1400 by end of 2022 or early 2023..So..sell on gold on any pullback toward the red upper line of declining parallel channel inside wave B ( Red Circled) is the best choice ( will update detail in next chart) P/s.1430-1400 would be the confluence zone of 1) Major up trend line zone ( cyan color) 2) wave C (Red Circled) @ 1430 is Fibonacci extension 1.618 of wave A ( Red Circled) 3) 1400 are the next major monthly Orderblocks/ demand Zone..
For All Of You Following My Cycle Patterns - Here's Next Week.As you know, I have these setup 4+ years out into the future and continue to identify new RARE and UNIQUE patterns as time allows. I'm even up to 5~6 bar setups in some of them.
Yet, next week shows a very interesting set of Cycle Patterns...
9-19: Inside/BreakAway
9-20: BreakAway
9-21: Carryover (Possible Reversion)
9-22: Inside/BreakAway
9-23: Momentum Rally
*9-24: RARE - Major Reversal
*9-25: N/A
9-26: Breakdown201
9-27: Harami/Inside
9-28: CRUSH (*Bearish)
* = weekend
I'm reading this as a very important and volatile week will follow the Fed rate decision. The US/Global markets may move into FULL CAPITULATION after the Fed next week.
But, The RARE - Major Reversal pattern and the Momentum Rally pattern suggest the end of the week may see some type of "reversion" of the previous downward trend.
The following week (early) - we move towards a CRUSH pattern (9-28). Those tend to be very strongly BEARISH.
Stay protected. Follow my research and learn how I can help you navigate these incredible price swings.
We may see a little support in the markets tomorrow, but it looks like traders are already anticipating a 75pb rate increase and selling ahead of the Fed decision.
Accumulation Cycle Continues 🔁♻This pattern is so important to understanding how institutions accumulate and take profits in this market.
This pattern isn't a completely unique framework to EURUSD, but it's part of this market's DNA.
Finding these patterns requires linear regression (which works best with high resolution data; lower time frames), to extrapolate a central channel which will act as support and resistance as price dances around it during the accumulation phase of the market. These patterns can appear as week long ranges or just a few hours for a pull back.
Either way, these patterns are a crucial tool to staying on the right side of the market during breakouts. Taking a counter intuitive approach to the market is the only way to profit long term. When price is below the channel, I'm looking for long set ups, and vice versa for short setups.
Right now, institutions are taking profit from Tuesday's massive drop, while also accumulating inventory to sell to buyers to fuel the next big short. The regression confirms this activity, because you can clearly see price creeping up. I'm anticipating that price will break above the key resistance level (key framework; kf) and institutions will then short retail traders' long positions and drive price back down to new lows where this cycle will start yet again.
This pattern confirms institutional presence in the market. When you don't see it you're in a trap, and you should stay out of the market until it reappears.
That's EURUSD in a nutshell.
Best market there is, hands down!
Daily Checklist Before The Market Opens | Sep-15 2022Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 3 out of 6.71
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 105.24-100.89
🛸Buy UFOs: 80.47-77.83
3️⃣Options IV: 45.62%
🚀Daily Expected Move: ±2.53
🚀Weekly Expected Move: ±5.56
🚀Monthly Expected Move: ±11.58
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 2 out of 5.76
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1757.9-1731.4
🛸Buy UFOs: 1652.8-1624.4
3️⃣Options IV: 17.17%
🚀Daily Expected Move: ±18.36
🚀Weekly Expected Move: ±40.41
🚀Monthly Expected Move: ±84.12
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 2 out of 4.96
2️⃣Buy and Sell UFOs
🛸Sell UFOs: -
🛸Buy UFOs: 106.840-106.180
3️⃣Options IV: 11.04%
🚀Daily Expected Move: ±0.76
🚀Weekly Expected Move: ±1.68
🚀Monthly Expected Move: ±3.49
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 2 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 25147.5-23122.5
🛸Buy UFOs: 19395.0-19075.0
3️⃣Options IV: 85.97%
🚀Daily Expected Move: ±1087.32
🚀Weekly Expected Move: ±2393.62
🚀Monthly Expected Move: ±4982.71
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Topglove. Catching falling knife ( downtrend) w/ glove. 15/09/22Topglove. Are you interested to know how to catch a “falling knife” with gloves? Or Topglove more specifically?..Let do some “microsurgery” first with “Topglove” “zooming” into this “ Zone C yellow” to see where it’s centre of cancer location and before cutting its “cancer tumors” with while you might be “hurt” “many times” by catching “falling knife / downtrend “ in surgery room.