The Ultra Idea : d-MR96nBa's Ultimate Market Journal🌌The Ultra Idea : d-MR96nBa's🌠Ultimate Market Journal🎨
Hello Fellow Travelers
It's been some time since I've posted a Fresh Idea, though I've remained actively trading.
What better way to mark my TradView return, than to start an Ultimate Market Journal.
Financial Markets have taken my deep interest again recently, especially as we seem to be at a time of accelerating change and shifting regimes.
I believe many opportunities abound to those with open, flexible and creative minds.
A bit more about myself.
I've been involved with financial markets in one form or fashion for 18 years now.
I started out like most of us, approaching the game with fundamental analysis, only to later incorporate and then fully graduate to T/A.
I'm a natural Contrarian.
My brand of technical analysis is as much about aesthetics, creative expression, discovering hidden truths and applying Universal Principles as it is running the numbers.
I'm starting this off with Ultra Bond Futures, as UB's are the trading instrument I've come to specialise in, having had the most ongoing consistent success trading.
This by no means is going to be a "I bought here and sold there" type of Journal, as that's not my style.
Nor am I going to focus on a single market instrument, observation or style of analysis.
I'd like this to become a repository of accumulated wisdom and unique market perceptives.
I've just begun contemplating what this may evolve into in time, and I invite you to join me in taking this Leap
d-MR96nBa🌌
Concept
Inversion📈📉
Seek out and analyse whatever moves exactly inverse to what you intend to trade.
If you're having trouble discerning trend or observing price patterns, check the inverse.
This can be an excellent technique for exposing Bias.
This can work particularly well for currency traders, though can be Universally applied.
For US Ultra Bonds, the inverse is the US 30 Year Yield
Ultra Bond Futures
US 30 Year Yield
Currency traders, say you're about to trade AUD/CHF
Check out the CHF/AUD chart first, if they both appear Bullish or Bearish, you've got a Bias.
AUD/CHF
CHF/AUD
GBP/JPY
JPY/GBP
EUR/USD
USD/EUR
Are there any examples of Inversion in Trading you'd like to share ?
What else is on my🧠
Well just casually, I believe we're currently witnessing Peak Bitcoin in it's entire Life-cycle.
Have we Bull Trapped & Breakaway Gapped on Berkshire Hathaway
BRK.B
It's in the Detail
Observations
Interesting Observation <> HINDUNILVR / NIFTY1st Chart: HINDUNILVR/ NIFTY
2nd Chart : NIFTY
HINDUNILVR/ NIFTY is almost a mirrorimage of NIFTY. I plotted various other stocks against NIFTY but cound't see any such pattern. One thing that can be derived is, whenever NIFTY goes down, HINDUNILVR usually maintains the level and in many cases it starts to move up. Example - recent fall of NIFTY.
Let me know what you think! Please do hit me with other interesting observations you saw in the market.
BTC Compared to the S&P 500, Guess Which One Outperforms.I have a few notable things to share, here:
1.) BTC outperformed the S&P 500 by six point nine times (!) between 4/20/15, when I first started trading BTC, and 12/11/17 - that's a 6.9X out-performance of the index in just over two and a half years. Crazy!
2.) BTC is still outperforming the S&P 500 index by about 2.8X, from that same date (4/20/15)! This means that you'd currently have 2.8 time more profits if you invested the same amount of cash into BTC and the S&P 500 on that date.
3.) The BTC price is above the quarterly (13 week, red), yearly (52 week, black), two-yearly (104 week, blue) and four-yearly (208 week, grey) moving averages. The only moving average that isn't printing higher prices is the yearly. That said, they are arranged in the right order for a strong bullish move (the quarterly over the yearly, which is over the two-yearly, which is over the four-yearly), for the first time since prices fell from it's current ATH at around $20K!
4.) Notice how strong of a support the four-yearly has been so far, only allowing weekly wicks, never closes, to reach below it!
Bitcoin's Three Market Cycles: Time & Price ObservationsWhy did I make this??
I'm sick of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION.
Also sick of Twitter and YouTube shillers making money of people's hope. It's PATHETIC.
Lastly, I'm sick of whenever BTC rises or falls seeing said Twitter and You Tube shillers immediately linking the rise and fall with something that was said in the news that day. Here's some news for you: A MARKET CYCLE DOESN'T GIVE A FUNK WHAT IS IN THE NEWS.
I hope this chart presents the facts clearly. If you see any mistakes or anything interesting you wish to discuss, fire away.
Thanks for viewing.
Possible sign of change in direction long term: observation onlyPurely recording for my own interest. Using an arch tool and extending to the advanced side, it looks like the bottom wicks are slowly turning up in the arc. Several points seem to touch or almost touch the arc. I don't give this any weight at all, just recording for interest. If the line is not broken in the box it would suggest 6100 is the lowest the price could go, and slightly rising over time.
I don't think it will stick, just interesting to see over time.
Green line could be a min price, Red line could be a max price.
Total late night musings against any normal TA!!