Check out the video update. I talk about a trend change in S&P 500 and also look at the Bitcoin chart. It’s been over 7 months since my last video update, so tune in.
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Category: Charts
I recorded a quick video update on the S&P 500 index and some thoughts about trends of the sectors that I showed in my previous video.
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King Dollar
For the past couple of years I’ve heard narratives that the dollar was going to collapse. Who knows, maybe one day it will, but I feel much more comfortable making decisions based on price charts than such narratives. My trading business is in US dollars because I trade the US markets. I live in the […]
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Technicals often precede fundamentals
It is something I was taught by Dr. Alexander Elder already at the beginning of my trading journey, but I have realized it even more along the way based on my personal experience. A single example in trading doesn’t mean very much as it can often include market noise and randomness. However, these recent examples […]
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I have taken more chips off the table
The current crisis is putting my trading system to a test just like the pandemic did two years ago. Of course, we are all worried about the happenings in the world, but when it comes to investing or trading in the markets, we can’t let emotions influence the activity, otherwise it wouldn’t make sense to […]