seems like the heartbeat is approaching zero.
interestingly, no one is interested in this stock.
shorts and longs are not interested to trade such a non-moving stock.
so far, there is no indication there will be a
big upside or big downside.
It tried to take off a few times but failed...
I am also thinking of writing the worst trading book.
Lousy trading books are actually very sellable !!! hahaha!
So far, I have managed to write the book cover.
continue ....
Movers intercorrelation
these were intercorrelated:
>>> copper and crude oil
>>> Taiwan index futures, China A50, Hangseng, India Nifty, Thailand SET50
these were standalone:
Natural gas, gold
Dax, NQ, Russell 2000
I have destroyed most of my trading books.
most of the trading books were written by professional writers, not professional traders.
Most of the writers seem to spend just a few days/weeks looking at the charts.
they should spend thousands and thousands of hours looking at the charts.
Also...
9 Aug summary
index futures
- # asian index futures signals - 12 <<<<< best for trading
- # Eur index futures signals - only 2 <<< no good for trading
- # US index futures signals - only 2 <<< no good for trading
other great movers were
gold, copper
crude oil
Natural gas
lazy sleepers were...
Trade of a lifetime- Shorting treasury bonds Apr 2021
--->
Trade of a lifetime- Longing treasury bonds Apr 2021
when you shorted it on Apr 2021,
it was the end of the bond downtrend.
Hope you didn't use your whole life savings to short it.
One very major problem with swing trading (vs day...
One of the most important things to look out for is leverage.
Choose the one which gives very high leverage.
Then you just put a little amount of money in your trading account.
If the broker disappears, you just lose a little amount of money.
of course, many readers will disagree and will...
change the candlesticks from time-based to volume-based.
Then develop your own trading strategy.
All my charts are volume-based.
eg for ES, instead of using 5 min, 15 min charts,
use 1000 volume, 3000 volume charts.
for the 2 examples you have given, you failed to look at the
macro picture/...
1) buy pre market - no comment
2) buy after hours - agree
3) buy the open - no comment
4) buy gap ups - nothing wrong!
at times, you should buy gap ups
5) chasing a fast moving stock - nothing wrong!
At times, YOU MUST chase after a fast moving stock at whatever price
6) panic - agree
7)...
down it goes massively by 5% when the market opens during the Asian session this week.
so most likely there will be no day trading opportunities over the next few hours.
I presume your focus is on swing trading.
So do not think there will be a signal to short every few days/weeks/months.
simply use a straight ruler and draw a rising trend line.
start the trend line from May 2021.
don't bother about double top or double candle, marginal above or marginal below...
Once we hit SPX 4440--longs, be careful out there. Good luck!
------>
Whether it hits SPX 4440 or not,
--longs or shorts,
trade carefully every trading day.
The best time to day trade currency pairs were 2008 to 2009.
Any major currencies were great for day trading.
now, the Best currency pairs to day trade are NONE.
currencies tend to move relatively little.
There are many other futures that are much better for day trading.
BTC futures is one of...
your timing was rather good; you bought it in Jan 2021.
In feb 2021, the price went up very massively.
I doubt you took some profit.
End feb 2021, the price went down very massively.
That was the time to zero out all your long position or at least
reduce your long position.
Don't trade based...
5 Aug crude oil trading
past 3 days, long red candles.
lately, crude oil has been rather trendy.
today there are some landmines but it is tolerable.
today signal :
155p* (almost 200p) down
454p* (almost 500p) up
800p* up
900p* down
1000p tbd?!?!
1100p tbd?!?!
it swings up and down and up...