Gold6.9.20 Gold Followup....and some discussion on the challenge of this ranging market as it relates to R:R, as well as the possibility of a 1-3-5 short pattern. ( sorry for the interruption from a knock on the door from one of my neighbors...whose daughter screamed the last time I knocked on the door, and was too busy to talk with me this time...as I made Amazon delivers that were dropped off at my house ).....too busy to dump the video and start over.
Metals
I WANT YOU TO SUCCEED!TO UNDERSTAND THE STOCK MARKET'S MOVEMENT, YOU MUST UNDERSTAND WHICH FACTOR IS THE MOST INFLUENTIAL:
THE DOLLAR!
IF THE FED HAS SUCCEEDED IN SATISFYING THE GLOBAL DOLLAR SHORTAGE, THE STOCK MARKET WILL CREATE NEW ALL-TIME HIGHS!
IF THEY HAVE FAILED, ANOTHER WAVE OF ILLIQUIDITY WILL OCCUR!
☝ Robert Kiyosaki, says that the fake money will soon disappear 📖 The author of the bestseller "fake", Robert Kiyosaki, examines the current situation in our not calm financial world, and also gives some wise practical advice. He recommends that you buy "God's money" for insurance — gold, in bars and coins, and do it outside the financial and banking system. ⠀
Robert lists the main reasons why holds real gold and silver:⠀
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1) Trust. Robert doesn't trust fake money that is printed without restriction.⠀
2) Insurance. Real gold and silver are not investments, but insurance against "elite games"⠀
3) Controlled risks. You are confident in your government, and in your Bank, what does history tell us about this?⠀
4) Availability. In our time, you can buy gold and silver in the public domain.⠀
5) Simplicity. The elite turned simple things into complex ones. With gold, everything is easier.⠀
6) Real money. They meet all the criteria for non-fake money.⠀
7) Cheaper than mining. Coins and bullion are easier to buy than to mine through companies.⠀
8) Gold — "money of God". Although many are skeptical about this item, yet those who believe in it, it works.⠀
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💰 Time of course will tell what will happen, but just in case, bought a few bars and coins.⠀
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And you keep the money in coins and precious metals? Do you think that gold has the magic power to attract more gold?
Blue FX Strategy v3 - letting winners run is key!An explanation into V3 and the differences that are designed to help you the trader, in execution, convenience, efficiency, trading psychology and ultimately profitability.
Improvements made;
Lot size calculator
Pips in brackets
Back testing functionality
Customisable settings
Stop loss and Take Profit labels visible on all time frames
and more!
Its all there - explained in the video traders.
Thank you.
Regards
Darren
Blue FX Trend Strategy V1 - how does it work?Video explanation on V1 - how it works and how to use it.
We will next explain V2 and V3.
We have developed the initial strategy very quickly and these videos will explain the changes and help you the trader, find the right tool for you.
There is no one size fits all approach, but fundamentally our strategy is based on you being the right side of the market and to encourage you to let your winning trades run.
Cut losers, let winners run.
Sometimes the best trade to take is the one you are already in!
Learn to spot a ranging market and have patience in your execution on a break out and you will vastly improve the statistics here too.
Full back testing functionality on just trend following - BUT scroll left and test easily too with a Fixed Stop Loss (SL) and Take Profit (TP).
Custom settings can improve or decrease performance across all pairs.
Regards
Darren
Dealing with impatience6.1.20 Dealing with Impulse/impatience; gold silver oil ES Dow NewYork Russel 2-618 reversal patterns ( but with bullish price action )
INFLATION VS DEFLATION!THE PRICE OF OIL IS THE MOST DIFFICULT PRICE TO MANIPULATE FOR CENTRAL BANKS!
HOWEVER, THROUGH VAST AMOUNTS OF FIAT CURRENCY CREATION, THE PRICE OF OIL INCREASINGLY REFLECTS THE DEBASEMENT OF THE U.S. DOLLAR, NOT REAL DEMAND!
TO OBSERVE THE DIVERGENCE BETWEEN THE INFLATED U$D PRICE OF OIL AND REAL DEMAND FOR OIL, COMPARE THE PRICE OF OIL TO THE PRICE OF GOLD!
XAUUSD ANALYSISI think XAUUSD is about to make a move soon as the price is moving in a tighter and tighter range. Given the fundamentals and the current trend of gold I expect gold to make a move upwards but I will wait and see how the price reacts.
Also I am trying the Heikin Ashi charting technique.
WHAT TOPICS WOULD YOU LIKE ME TO COVER?Hi Guys - all my followers and non followers..
I am getting back to releasing weekly episode/episodes of the ' Art of trading Psychology' in the aim of helping traders get in the 'zone' when trading. Mastering trading psychology is by far one of the hardest aspects in trading yet it is also the one that will drive you to you success as a trader if mastered.
I would truly love to cater this podcast to you guys and in order to do so, i need to understand what it is you're struggling with and what you would like to cover i.e
- finding taking profit hard?
- being consistent
- scared to take a trade or uneasy when you're in a trade?
- Losing too much?
Anything you think of, drop it in the comments below or message me!!
PETER SCHIFF VS JEFF SNIDER!THIS POST WILL HELP YOU UNDERSTAND THE COMPETING VIEW POINTS ON THE FUTURE PERFORMANCE OF THE U.S. DOLLAR RELATIVE TO OTHER CURRENCIES!
JEFF SNIDER'S POSITION ON THE DOLLAR:
THE U.S. DOLLAR IS STRONG BECAUSE OF A SHORTAGE OF DOLLARS WORLDWIDE TO CONDUCT GLOBAL TRADE IN, DUE TO TO FED'S INABILITY TO TRULY SATISFY DEMAND FOR U$Ds, AND WILL CONTINUE TO STRENGTHEN AS LONG AS FOREIGN CURRENCIES ARE SOLD TO BUY U$Ds.
PETER SCHIFF'S POSITION ON THE DOLLAR:
THE U.S. DOLLAR IS STRONG BECAUSE OF AN IRRATIONAL FAITH IN THE U.S. ECONOMY BY FOREIGNERS AND THE WILLINGNESS OF PRODUCTIVE ECONOMIES WORLDWIDE TO USE AND ACCEPT PRINTED U.S. DOLLARS IN GLOBAL TRADE, SUBSIDIZING THE CONSUMPTION AND TRADE DEFICIT OF THE U.S.
JEFF SNIDER'S POSITION ON U.S. TREASURIES:
THE U.S. GOVERNMENT BOND MARKET HAS BEEN BID HIGHER FOR DECADES AS U.S. TREASURIES PROVIDE THE SAFEST SOURCE OF U$Ds AND ARE THE MOST ACCEPTED FORM OF COLLATERAL FOR U$D LEVERAGE. IF U$D LIQUIDITY BECOMES CONSTRAINED ENOUGH WORLDWIDE, A SELL-OFF IN THE GLOBAL U.S. TREASURY MARKET CAN OCCUR AS AS THEY ARE SOLD FOR THE IMMEDIATELY NEEDED U$Ds, RAISING INTEREST RATES THROUGHOUT THE FINANCIAL SYSTEM AND THE ECONOMY.
PETER SCHFF'S POSITION ON U.S. TREASURIES:
THE FEDERAL RESERVE'S ARTIFICIAL SUPPRESSION OF INTEREST RATES SINCE THE 1990's THROUGH QE, COUPLED WITH THE USE OF U$Ds IN GLOBAL TRADE AND THE IRRATIONAL FAITH BY FOREIGNERS THAT THE FEDERAL RESERVE COULD SHRINK ITS BALANCE SHEET AND NORMALIZE INTEREST RATES HAS LED TO FOREIGN CAPITAL BIDDING UP THE PRICE OF U.S. GOVERNMENT BONDS. ONCE THAT FAITH IN THE DOLLAR'S SCARCITY IS DIMINISHED AND PRODUCTIVE ECONOMIES WORLDWIDE REFUSE TO HOLD/ACCEPT U$Ds AND SUBSIDIZE AMERICAN CONSUMPTION, U.S. TREASURIES WILL BE SOLD-OFF, RAISING INTEREST RATES THROUGHOUT THE FINANCIAL SYSTEM AND THE ECONOMY.
JEFF SNIDER'S VIEW ON THE FUTURE OF THE DOLLAR:
AS LONG AS THE FEDERAL RESERVE FAILS TO ADDRESS THE COMPLEX NEED FOR U$Ds AND AS LONG AS THE U$D REMAINS THE WORLD RESERVE CURRENCY, DEMAND WILL OUTPACE SUPPLY, AND THE U$D WILL CONTINUE TO STRENGTHEN AGAINST OTHER CURRENCIES UNTIL A CULMINATION OF DEFAULTS AND RESTRUCTURING RAVAGES THE COUNTRIES WITH THE MOST SEVERE LACK OF U$Ds, SENDING THE U$D SKY HIGH, LEADING TO AN ABANDONMENT OF THE U$D AS WORLD RESERVE CURRENCY.
PETER SCHIFF'S VIEW ON THE FUTURE OF THE DOLLAR:
ONCE PRODUCTIVE COUNTRIES WORLDWIDE BECOME DISILLUSIONED WITH THE AMOUNT OF EASILY CREATED U$Ds CHASING PRICES, THE APPETITE TO ACCEPT THOSE U$Ds IN EXCHANGE FOR GOODS/SERVICES AT CURRENT PRICES WILL DIMINISH, ALONG WITH THE DESIRE TO HOLD U$Ds, U.S. ASSETS AND U.S. TREASURIES. ONCE U$Ds AND U$Ds OBTAINED THROUGH THE SALE OF U.S. ASSETS AND U.S. TREASURIES ARE SOLD FOR OTHER CURRENCIES, THE U$D WILL WEAKEN SIGNIFICANTLY, FURTHER INCREASING THE PRICES OF IMPORTED GOODS/SERVICES, SENDING THE U$D INTO AN INFLATIONARY SPIRAL, MARKING ITS END AS THE WORLD RESERVE CURRENCY. IN THIS CASE, IF THE FEDERAL RESERVE MONETIZED THE SOLD U.S. TREASURIES TO PREVENT INTEREST RATES FROM RISING, THIS COULD EASILY LEAD TO HYPERINFLATION.
-IT IS IMPORTANT TO NOTE THAT THE 0% YIELD ON U.S. 10 YEAR GOVERNMENT BOND IS A DANGER ZONE IN EITHER CASE, AS FOREIGN ENTITIES WILL NO LONGER HAVE AN INCENTIVE TO HOLD U.S. TREASURIES, PREFERRING CASH, GOLD OR OTHER ASSETS OVER A NEGATIVE YIELDING BOND.
-THE NOTES ON THE CHART OFFER CONTRIBUTING FACTORS AS TO WHY YIELDS BOTTOMED OR PEAKED AT VARIOUS POINTS DURING THIS BOND BULL MARKET.