D-DJI
How the value of the Dollar and Gold impact marketsThis is a little different than what I usually do. Very straight forward line charts of the IXIC, DJI, and SPY. Showing how the changes in the value of the Dollar over Gold, impact the market. I know this isn’t the only influencing factor, as each market has its own levers, but this simple deviation of the two can weigh heavily on the markets.
DJI: Heaven or Hell? The choice is yours. I'm looking at some price action based on the 4H ATR line going back to Feb 2020. There is a repetition of a certain pattern, which may mean something or nothing.
Have a look.
On 30 min timeframe see below (no promises of anything).
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Market Correction, Bubble or Crash? SP 500 Price Action AnalysisS&P 500 futures (ES) slumped 2.5% yesterday with spike of the supply and broke below the up channel. Is this a normal market correction?
Find out the market direction with price action trading strategy on top of volume spread analysis and the Wyckoff concept to anticipate where the correction might stop and what to expect next with different scenarios.
Identify Failed Signal as Trading Entries - S&P 500 Day TradingFailed signals are some of the best signals for trade entries. Find out how to identify failed signals as trading entries to ride on the trend in the trade review section.
Check out the video for a complete walk through of the market analysis of S&P 500 futures (ES) for 6 Jan 2021 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3825, 3810; Support: 3775, 3720
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Start of the Bull Run for Cyber Security stocks?In the early Dec 2020, FireEye, a top cyber security firm, said it was hack. About a week later, Solarwinds NYSE:SWI , an IT firm that provides software for companies like the Fortune 500 and the US government was also reported being hacked. The series of the hacking events stir up huge interest back to the cyber security stocks.
Is the rally for cyber security stocks sustainable? Or is it just for swing trading by tapping into the hacking news as catalyst? How about position trading (aka investing) for this sector? To answer these questions, let's take a closer look by analyzing the top 4 ETFs such as AMEX:HACK , AMEX:IHAK , NASDAQ:BUG , NASDAQ:CIBR and some of the outperforming stocks like NYSE:NET , NASDAQ:ZS , NASDAQ:CRWD , NASDAQ:OKTA , NASDAQ:TENB , NASDAQ:VRNS , NYSE:CALX , NASDAQ:ALRM , NSE:SAIL , NASDAQ:RPD , NASDAQ:FEYE and NYSE:PANW .
Identifying Market Direction with Volume and Price Find out how to determine the market direction of the trend with volume and price when day trading S&P 500 futures without any technical indicators.
Check out the video for a complete walk through of the market analysis of S&P 500 futures (ES) for 6 Jan 2021 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3770, 3720; Support: 3670–3680
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
The ONE Thing Traders should do when Trading Sign of StrengthFind out the one thing every trader should do when trading the Wyckoff sign of strength rally in order to increase the winning rate.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 23 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3750, 3720, 3700; Support: 3670–3680
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
A trend trading strategy (that works) in S&P 500 Day TradingFind out how to use this trend trading strategy to profit in day trading the S&P 500 futures (ES) with these two steps to increase your winning rate.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 21 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3750, 3720, 3700; Support: 3670–3680
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Rising Wedge Pattern explained in Price Action Trading Find out how to trade the rising wedge pattern in the price action trading method (Wyckoff method with volume spread analysis).
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 17 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3715; Support: 3700, 3670
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
3 Steps to PROFIT from Trading SUPPLY ZONE - S&P 500 Day TradingFind out how to follow these 3 simple steps to profit from trading the supply zone (majority traders overlook these).
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 15 Dec 2020 trading session. In this video, you will find out the market recap during the last session and a trade review in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Watch my market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3750; Support: 3697–3705, 3670
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.