Understanding The Basics Of AI/Inference Engine ConstructionRecently, there has been a lot of discussion related to my SPY Cycle Patterns and how they work.
In short, without disclosing proprietary code/quants, I built an inference engine based on Fibonacci, GANN, and Tesla theories.
Part of this inference engine is to identify the highest probable outcome related to the patterns.
This is not rocket-science. This is the same process your brain does when determining when and what to trade.
The only difference is I'm doing a bunch of proprietary calculations/quants related to data and price theory in the background, then the inference engine determines the best, most likely outcome.
Take a few minutes to watch this video and try to understand the difference between static and dynamic modeling.
Again, my objective is to help as many traders as possible. My Plan Your Trade videos are my opinions based on my skills, knowledge, and proprietary modeling systems/tools.
None of my tools are 100% accurate all the time - nothing is. But, I do believe the quality of information and instructional information I provide is invaluable to most traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Metals
Working To Unlock The 3-6-9 Secrets Of The MarketRecently, there have been a lot of questions related to my SPY Cycle Patterns and how they work.
I've often stated that these patterns are based on Gann, Tesla, and Fibonacci's price theory.
However, underlying all that is a core component related to the 3-6-9 (secrets of the universe) theory.
This video tries to introduce you to the concepts of the 3-6-9 theory and how it overlays with Gann, Tesla, Fibonacci, Japanese Candlesticks, and more.
My focus for the past 24+ months has been to unlock this theory's secrets and develop a practical use component (code) that attempts to provide very clear future trading/price predictions.
Spend some time watching this video. See what you think and open your mind to the concept that price moves through construction and destruction phases (likely based on the 3-6-9 concepts).
At the end of this video, I share some practical knowledge/examples showing why I believe the 3-6-9 theory is critical to unlocking the true secrets of market price action.
I may never be able to unlock all of it, but I'm dedicated to trying to unlock as much as I can within my lifetime.
This drives me to build code solutions and attempt to improve my skills.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
What To Expect After The Fed rate Cut: 9-18-2024 (Fed Day)This video is really designed to teach you some basics about Fibonacci Price Theory (FPT) Analysis. I wanted to show you how I see the charts using FPT and why, sometimes, I might be seeing things differently than you do on the charts.
In my world, there are simple constructs that are evident on every chart. Supply & Demand zones, trending/flagging, and most importantly Fibonacci Price Theory constructs.
Fibonacci Price Theory is the basis of all my analysis. It is the ground-level structure I look for in price on all charts. Then, I move to more advanced indicators and other analysis types to develop a Success/Failure outcome (trend/trade expectation).
What I do is not hard to understand - it just takes practice.
Fibonacci & Gann techniques are infinitely adaptable to any type of price action. I use another technique I call the Tesla Price Amplitude Arcs which often help me identify where/when price events may happen - but that is for another video (maybe).
Ultimately, it comes down to understanding the structure and intent of price action (either success or failure) and how to position your trades for that success or failure of any price event.
There are really two types of traders: trend traders and counter-trend traders.
Trend traders try to catch the explosive price moves as trend events.
Counter-trend traders try to catch major reversal levels in price and try to profit from counter-trend price moves (reversals/reversions).
Using FPT, you can learn to execute both type of trading styles and improve your ability to see the market trends/setups more clearly.
I hope this video helps you learn to become a better trader and helps you understand my Plan Your Trade videos more clearly. At least you'll be able to understand how I see charts and what drives much of my thinking related to chart.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Why Most Traders Fail—and How You Can Succeed!The charts you provided showcase potential scenarios based on different liquidity zones (LQZ) on multiple timeframes, such as 15M, 1H, and 4H. Let's break down the key insights from the images:
Key Levels:
Weekly Flag Trendline: This yellow trendline represents the long-term trend and acts as a major resistance or support. It’s crucial to monitor price action around this level for significant moves.
4HR LQZ (Liquidity Zone) at 2,532.077: This level signifies an important area of liquidity on the 4-hour chart. It’s a potential reversal point or continuation area depending on how the price interacts with it.
1HR LQZ and 15M LQZ: These shorter timeframe liquidity zones are at 2,482.129 and 2,470.544 respectively. They act as interim targets or bounce zones based on the smaller trend movements.
Price Action Context:
Wedge Formation: The rising wedge pattern visible in all the charts, combined with slowing momentum near the top, suggests possible bearish pressure. Wedges often lead to sharp breakouts, so a breakout to the downside would align with the wedge structure.
Multi-Touch Confirmation: The multiple touches on trendlines, both support and resistance, increase the probability of significant movements. This concept is supported by multi-touch confirmation techniques.
Scenario Planning:
Upside Potential: A breakout above the 4HR LQZ suggests further bullish momentum, likely toward higher liquidity zones. This can result in a continuation to the upside, as shown with the green line projection on some charts.
Downside Risks: A breakdown below the wedge support and failing to hold the 15M or 1HR LQZ may lead to a bearish move toward the lower liquidity targets. The yellow line projections suggest a pullback to 2,485.055 and potentially lower.
The Trinity Rule Approach:
Confluence Setup: If price interacts with three major zones (like the 4HR LQZ, wedge support, and Weekly Flag Trendline), we can assess whether these align with other signals. This rule adds extra confirmation for higher-probability setups, as discussed in your document.
Overall, price action shows a decision point around the wedge and liquidity zones, with strong reactions expected in either direction.
Unlock Winning Strategies: Spot High-Probability Trades!Chart Analysis: XAU/USD (Gold Spot vs. USD)
Based on the two charts you have provided, here is a detailed technical analysis of XAU/USD using price action and chart pattern observations:
1. Weekly Flag Trendline (Higher Time Frame Context)
The upper and lower yellow trendlines represent a possible flag pattern on the weekly chart. This suggests a consolidation phase after a strong impulsive move. A flag pattern typically signals a continuation of the previous trend, which, if the context is bullish, indicates that after consolidation, there may be a continuation to the upside.
On both charts, we can observe that price action is contained within this broader structure, indicating that price is in a correction phase rather than an impulsive phase.
2. Key Horizontal Levels
2,532.144 and 2,506.245: These levels act as strong resistance zones. The price has struggled to break above these levels multiple times, indicating significant selling pressure or profit-taking at these points.
2,471.313: This is a key support level. The price has reacted to this level before and, most recently, has bounced back after testing this support zone. This suggests that buyers are willing to step in at this level, providing a floor for the price.
3. Descending Channel and Price Action Patterns
Descending Triangle/Channel Pattern: On the 15-minute chart, the price seems to be forming a descending triangle pattern (lower highs and a flat support at 2,471.313). This pattern is typically bearish, suggesting a potential breakdown if the support does not hold.
Potential Reversal Patterns: After testing the lower trendline of the weekly flag pattern and finding support at the 2,471.313 level, there was a notable bullish reaction. This can imply a short-term reversal, especially if confirmed by a break above the minor resistance level of 2,494.370.
4. Consolidation Zone and Lower Time Frame Patterns
The 15-minute chart shows a clear consolidation pattern after the sharp decline, with price action currently moving sideways between 2,494 and 2,506. A break above this consolidation range could signal a short-term bullish continuation towards the upper resistance levels, while a break below would imply a continuation of the bearish trend observed previously.
5. Breakout and Pullback Zones
The yellow dotted lines on the 15-minute chart indicate key areas where the price broke out from consolidation phases. These areas are crucial for identifying potential entry points in a trending market. If the price retests these zones and finds resistance or support, they could act as triggers for either continuation or reversal trades.
Trading Strategy Considerations
Bullish Bias: Traders with a bullish bias might consider waiting for a breakout above the 2,506.245 resistance, looking for a confirmation with a pullback to this level as support. The target could be the upper boundary of the flag around 2,532.144 or higher, depending on momentum and broader market conditions.
Bearish Bias: A trader with a bearish outlook might wait for the price to break below the 2,471.313 support level, looking for short positions targeting lower levels aligned with the descending channel's trajectory.
Range Trading: Given the current consolidation between 2,494.370 and 2,506.245, range traders could look for entries at the edges of this range with tight stops and defined profit targets within the range.
Conclusion
Given the price action analysis and current chart patterns, the XAU/USD market appears to be in a consolidation phase within a broader flag pattern. This suggests that while the immediate outlook may be neutral to bearish, there is potential for a bullish breakout if key resistance levels are breached. Traders should watch for confirmed breakouts or breakdowns from these levels to guide their trading decisions, keeping in mind the broader market trend and any fundamental drivers influencing gold prices.
This Simple Strategy Could Make You a Fortune in the Gold Marketprice action of Gold Spot (XAU/USD) in relation to the trendlines and patterns indicated.
Chart Analysis
1. Weekly Flag Trendline:
- The first chart shows a trendline forming a "flag" pattern on a higher time frame (possibly weekly or daily). This flag appears to be a bullish continuation pattern, indicating that after the consolidation within the flag, the price might continue in the direction of the prior trend, which seems to be up.
2. Price Action Inside the Flag:
- Within the flag, there is a period of consolidation marked by the parallel trendlines. The price has been respecting these lines, creating higher lows and lower highs, indicating indecision or preparation for a breakout.
3. Potential Breakout Zones:
- Key breakout zones are marked by the upper resistance of the flag pattern around the 2,530 level and the lower support trendline of the flag around the 2,470 level. A breakout above the upper resistance could signal a continuation of the prior uptrend, while a break below the lower support could indicate a reversal or deeper pullback.
4. Smaller Patterns:
- On the second chart (1-hour time frame), there's a more detailed view of recent price action with a potential bearish flag or pennant forming, suggesting a temporary pullback or consolidation within the larger flag. This smaller pattern appears to be within a trading range bounded by the horizontal support and resistance levels.
5. Key Support and Resistance Levels:
- The charts show horizontal support around the 2,433.301 level, which aligns with a historical low that could serve as a significant support level. Similarly, the resistance level is around 2,530, where the price has repeatedly failed to break above.
6. Current Market Context:
- The price is currently hovering around 2,497, near the middle of the trading range, suggesting indecision. This midpoint could be a neutral zone where the price could move in either direction based on upcoming market momentum or news.
Trading Strategy and Considerations
- Entry Points:
- If considering a bullish scenario, a long entry could be planned near the lower support line of the flag, around 2,470, with a stop loss slightly below the flag's support to manage risk. A breakout above the 2,530 resistance could also provide a good entry point for a continuation of the uptrend.
- For a bearish scenario, a short entry could be considered if the price breaks below the 2,470 support level, confirming a breakdown from the flag pattern.
- Risk Management:
- The proximity of the price to both upper and lower boundaries of the flag pattern provides clear levels for stop placement. This helps in managing risk effectively, keeping losses contained if the trade goes against the initial bias.
- Monitoring Price Action:
- Watch for potential breakouts from the smaller patterns within the flag, as these could provide early signals of the larger move's direction. It would also be essential to keep an eye on volume changes, as increased volume could confirm the validity of a breakout or breakdown.
By aligning your trades with these patterns and key levels, you can take advantage of the potential setups provided by the price action within these consolidating formations. Ensure to adapt to new market conditions and stay disciplined in executing your trading plan.
How I Nailed a Perfect Breakout Trade Using a Simple Strategy*The following Analysis is made by my Trading BOT*
Analysis of Your Trade:
Descending Channel:
Formation and Breakout: The descending channel is well-defined, indicating a corrective phase following an impulsive move. The breakout above the channel suggests a potential reversal or continuation of the prior trend, which appears bullish.
Entry Timing: You entered the trade after the breakout from the descending channel. This entry aligns with a strategy to buy at the break of a corrective pattern, capitalizing on the resumption of bullish momentum.
Resistance Zone (Blue Area):
Initial Resistance Encounter: The blue horizontal line represents a resistance zone where price consolidated and failed to break higher on the first attempt. This is a good spot to watch for confirmation of a breakout or reversal.
False Breakouts: There are some upper wicks visible in this resistance zone, indicating possible false breakouts or liquidity grabs. This suggests that many traders might have been stopped out before the true breakout occurred.
Price Action Post-Breakout:
Sharp Move Down: After the breakout, price made a sharp move down to retest the previous resistance (now turned support), which aligns with the principles of market structure where old resistance becomes new support.
Correction and Continuation: The downward move appears corrective in nature, forming a series of lower highs and lower lows within a descending channel, after which the price breaks out and moves upwards sharply.
Risk and Reward Considerations:
Stop Placement: If your stop loss was placed below the previous swing low or the bottom of the descending channel, this would be a strategic placement to avoid being stopped out by market noise.
Take Profit: Your target seems to be well-placed, considering the previous highs or a key Fibonacci level. The green area likely represents the take-profit zone.
Volume Analysis:
Confirmation with Volume: The volume spike during the breakout from the descending channel and the subsequent move up indicates strong buying interest, which is a good confirmation signal.
Key Takeaways for Future Trades:
Pattern Recognition: Identifying descending channels and their breakouts is a strong skill that can be leveraged in various time frames.
Risk Management: Your trade shows a good understanding of risk management, especially if stops were placed beyond significant levels to avoid market noise.
Confirmation Signals: Waiting for volume confirmation during breakouts is an excellent strategy to avoid false moves.
Suggestions:
Multiple Time Frame Analysis: Ensure that your lower-time-frame trades are aligned with the higher-time-frame trends or setups to increase the probability of success.
Post-Trade Analysis: Continue reviewing your trades like this to refine your entry and exit strategies, especially around key zones like support and resistance.
Developing Success With PineScript : Building Trigger MechanismsIn my ongoing quest to build better tools for traders, I continue to develop new quantitative trigger logic to improve the working versions I have already created.
Trigger logic is complicated for most people because they fail to take the time to "focus on failure."
Everyone builds trading systems focused on where the triggers work perfectly (trust me - I've seen/built a few hundred of them).
But the most important thing to focus on is where it fails to generate a decent trigger and how you are going to filter it out or protect capital when that failed trigger hits.
In this example, I highlight my new "Gun-Slinger" triggers and how my continued development is creating more advanced trading tools for skilled traders.
I hope you enjoy it.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
How To Scalp or Day Trade XAUUSD. Scalping Strategy 15m. In this video, we explore a high-probability scalping and/or day trading strategy for XAUUSD (Gold), building upon concepts introduced in our previous videos about trading plan development and risk management. This installment focuses on refining entry points for high-probability trades. Initially, we analyze a basic trend continuation strategy on the 4-hour time frame. Subsequently, we zoom in on the 15-minute time frame to pinpoint specific price action that offers precise entry opportunities. Our approach involves identifying sideways price action, forming a range, and patiently waiting for signs of volatility. Once liquidity is hit above or below the range, the trend often establishes itself on the lower time frame, allowing us to execute trades on the 15-minute chart. As always, please note that this video serves an educational purpose and should not be considered financial advice.” 🚀📊
5-Year SPX500 Expectations - Greatest Opportunity Of Your LifeWould you believe me if I told you the US & global markets (some) will rally more than 65% to 125% (or more) over the next 4 to 5+ years?
You would probably call me crazy for even suggesting that will happen in a reasonably short time frame.
But, what if I could show you how structurally (using Elliot Wave concepts and Fibonacci) this incredible rally may already be baked into the markets?
What if I could show you that, barring any major economic destruction event, the US Fed and Global Central banks may have unleashed the inflation beast - which could lead to massive Hyperinflation over the next 5+ years?
Would you be prepared for it? Would you even believe me if I could show you evidence that it may happen much quicker than you can imagine?
And would you believe me if I told you Gold/Silver will rally more than 500% over the next 5+ years while attempting to hedge global debt/inflation risks?
Now is the time to prepare for the greatest opportunity of your life. You must understand the structural mechanics of price related to the current global market dynamics.
Please boost and share this video with your friends. Everyone needs to be aware of what is likely to happen over the next 5+ years so they can prepare for and profit from these exceptional price trends.
New Volume Footprint option on TradingViewHi all,
This is the first (stream replacement) educational video with a very quick overview of volume. Tradingview just released the new Footprint Beta tool. It's something I asked them for a long time ago, so I am glad it's finally here!
In this video I cover the time-price-opportunity tool as well as visible and fixed range. Leading into footprint.
This is not a deep dive, it's more an intro to and how these things come together. If there is enough interest in this idea I will create a sequence based on trading volume in depth.
Thanks for watching! See you on the next stream/idea.
The Value of an Unbiased BiasHi everyone,
In this video I would like to discuss the value of having an unbiased bias when it comes to your analysis. It’s a dry subject with only a little chart illustrating near the end, but the boring stuff usually tends to be the most important topics when it comes to making it in this industry.
I think most of us are familiar with the word ‘bias’. For those that aren’t, basically, in the context of trading, all it means is being in favour of the market moving either to the upside or downside. Your bias comes by means of your analysis and can be related to any timeframe. For example, I could have a bullish bias on a higher timeframe monthly chart, and a bearish bias for the lower timeframe daily chart.
Now, you don’t HAVE to always have a bias. If you don’t know, then you simple don’t know, and there is nothing wrong with that, it would be unreasonable and nonsensical to think otherwise. But, sometimes your bias is wrong, which leads me to the topic of this video.
I believe even for traders who don’t know how to form a technical bias, do so anyway in the form of psychological bias. Most of the time, we think the market is either going up or down, hence why we would even get into a long or short position. The tricky part is being flexible and changing your bias when the market is indicating you are clearly wrong.
Smart Money knows how we think, and they know how to create sentiment in the marketplace. This is why its crucial to be able to change your bias on a dime, WHEN it is applicable, WHEN your analysis is showing you, and NOT for any other reason. The later you are to the party, the less pips you can catch, and the less likely your trades will win.
As humans, we tend to cling to our beliefs. We block out any evidence indicating that we may be wrong about them. And when the market is showing us that we may be wrong, we just tell ourselves “Well now the market is offering me more pips, I have to get in on this move!”, hence one reason how you get long or short squeezes.
- R2F
A very long-term (Macro) Approach To US/Global MarketsAfter completing my weekend research/videos, I wanted to create something that provided an anchor for traders/investors.
This video is not focused on the short-term market trends - although it does discuss what I expect to see play out over the next 12 to 24 months.
This video is more about preparing traders/investors for the global events related to Central Banks, market trends/opportunities, and how I believe the markets will react over the next 5+ years.
After watching this video, your job will be to watch for key events to unfold. These events, described in the video, will be key to understanding where opportunities and risks are in market trends.
This is NOT the same market we've been used to from 2010 through 2021. This is an entirely different beast of a global market.
Credit/debt issues will persist, and conflicts/war may drive major repricing events.
Pay attention and follow my research.
I'm delivering this long-term research to help you better prepare for market trends and protect your capital from downside risks.
How To Analyze Any Chart 📚 Gold Example 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Today we are going to go over a practical example on #GOLD , but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
How to Profit from Trend Exhaustion - XAGUSDHow much ... and when? What else is there to know? Enjoy this multi-timeframe tour of the XAGUSD chart to learn how I find MAJOR reversals and targets BEFORE price action reaches them. As always, I strive to produce charts that speak for themselves, and yet this is my video debut here on Tradingview, and I could not be more pleased to narrate this unusual experience. If you enjoy it or, better yet, if you learn from it, then consider this a preview of forthcoming weekday morning livestreams, which I hope you will follow. Until then, be liquid!
A Simple Method Of Evaluating Trade Setups For Everyone - PART IThis is a simple example of how anyone can attempt to understand price action, trade setups, and determine if the current trade setup is valid for any trading action.
Unless you have a trading system that helps you identify highly successful trade setups, most people struggle to find opportunities before they turn into breakout trends (up or down). Ideally, most traders want to get into trades before the big breakout, or breakdown, happens.
This video, part I of an extended series, will help you learn to use simple tools to identify qualified trade setups from invalid setups.
You can trade whatever you want. But remember, the trend is your friend, and learning to understand price theory, trends, channels, and support/resistance is all you need to make better decisions.
Watch this video to see if it helps you. Over the next few weeks, I'll create more videos highlighting simple techniques to help you become a better trader. I'll review dozens of charts and highlight what works and what doesn't.
Trading is a matter of managing risks while attempting to generate profits. This will be a great way for me to share my thoughts with all of you while trying to help you learn techniques to help you build solid skills.
Hope you enjoy this first video.
Strifor || Education: Break LevelHello traders❗️ This is Viktor and Strifor team❗️ We welcome you to our learning content, where we briefly talk about the main things and learn how to apply our knowledge in practical trading.
The topic of today's lesson is Break Level . So, let's see what it is☝️
❗️To get know more about levels support this video with a like and a comment, follow us and trade with us👍🚀
Target Reached! XAGUSD ReviewPrice reversed strongly from our resistance level to the support level at 22.20. But how did it happen?
Join Desmond in today's analysis review to have a quick recap on the elements that led to this strong reversal.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
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