Pro Futures Trader 2011. 📈 "Edge is found within the application of the strategy."💡 IronMan Triathlete 🏊♂️🚴♂️🏃♂️ In Pursuit of consistent progression!🌟
The SRM Lite Risk-Management Application is FREE for all traders! If you serious about a career as a trader, you need to automate your risk.
@TradeloTrading
is giving its community of traders a free risk-application. Here is a brief demonstration.
#trading
#Traders
One more lesson for today before I go quiet on
#bitcoin
. This long trade targetting $33210. We got in for the bear-trap short squeeze. This means we get out once those same bears throw in the towel. The best way to see when they give up. Watch for VOLUME SPIKE. We take profit
Best time to 'buy the dip' ES
#SP500
is ONLY when the
#VIX
posts a lower high below 29. In otherwords you want
#ES
to make lower low in price but VIX to also make a lower high. This divergence will be time to step up & buy the santa rally!! Until then,patience!
#trading
#strategy
I have a question for the
#bitcoin
#cryptocurrency
#beliebers
. When
#btc
goes to $3200 in next few days and then below $1000. At what point is there an admission that the game is up?
#spx
is the perfect leading indicator of whats coming for
#btc
. Either you sell now or below $3k
Unfortunately not many traders know this trading secret. The art to making money is not to hit home runners everyday but to hit a home run when it is on offer which comes maybe once a week or when your edge is present!
#edge
#trading
Poor
@jimcramer
takes alot of social-media heat. However there is a great psychology lesson from this social-experiment being conducted at Jims expense. Its called negativity-bias. Because social media accounts point out every time he gets it wrong and those tweets go viral. The
Trading is a game of eliminating mistakes . The trader who makes the least mistakes, wins the game.
You wont understand this in the early part of your career, but you will strive toward it in the latter part.
#trading
#Traders
One final warning. You dont need a Bloomberg monitor to see this. The 2yr3M yield curve is a about to TURN back positive. Why does this matter? Well because this is
#powell
and
#Fed
preferred gauge. This curve inverted in December with adjustment of Feds dot-plot. It is about to
#spx
#sp500
has broken its 16 months trend. Should see a decent correction in coming days. What gives me confidence in this trade is that US2yr yields are spiking post
#fed
last week. We did 13bp since
#fomc
meeting. This matters! Aim at tech stocks!
#trading
#strategy
#bearish
If you want to improve as a
#trader
in 2022, I have simple piece of advice. LEARN TO THINK FOR YOURSELF. Stop expecting 'others' to show you the way and solve your problems. Only you can forge your own pathway. High performance is a mindset, its that simple!
#trading
Fed is in blackout at moment. As we head into
#FOMC
meeting next week. Pricing is INTERESTING. Just 5 weeks ago,
#Powell
told us multiple hikes is base-case expected by most on the board. Fast-forward and market says you done after 25bp hike next week. This is massive moment for
9 months before the most important US election in history a 'New' virus strikes. 2 days after
#Biden
is announced winner, we found a solution. The timing is rather 'Spot on' I would say. You cant make this shit up!
@HuXijin_GT
Military clash, extremely unlikely. Financial war, 100% likely. Think Sanctions, Tariffs, Disinvestment, Regulation on US firms dealing with China
Pro tip for the day..
Marry a beautiful women inside and out ! Give her support that she can never resist . Follow her mood trends and don’t let the all time highs retrace . Always keep the momentum and don’t be afraid to pay a premium for this beautiful women
#trading
#lifehack
Feels like there is alot of interest in
#footprint
#trading
tool & a workshop is needed.Will be free for all to attend.I will happily share my knowledge but will need a community to pull together to provide venue, materials ect. If you interested, like and retweet. Info to follow
Trump has coronavirus ..... does the market collapse when the president gets a cold?! Secondly , the timing of this release is exceptionally suspicious . I would treat this as political ploy. The
#vix
will guide price direction for indices
You will ONLY hear this warning once. Pay attention to the VIX this week. Highest level in 2023. Moreover the 1M3M is about to invert. In otherwords, cost of short dated protected is soaring! Moreover technically look where the SP500 has failed to break down for last 2 weeks???
Here is some trading advice you wont read in any 'guru trading books'. Never undervalue a good women/partner/support in your life & career.They will be a continuous uptrend,so long as you willing to spend time doing the analysis, buying pullbacks & managing occasional volatility!
One of the most guarded secrets about how to become successful
#Trader
. Stick around long enough to learn through trial & error. Most
#Traders
don't exhibit enough patience to avoid blowing out their accounts. Road-to-riches preserved for those that can maintain course!
#trading
Pro tip for a healthier stronger mindset
Start every day completing a priority that is 100% in your control. eg. I do Ironman triathlon .First thing I do every day,train. Why? Cause this means before work day begins , Iv achieved and tasted success . Success breeds more success!
My greatest achievement is less to do with trading and more to do with knowledge sharing. The greatest feeling of purpose will come when you will pass on your understanding and help those who dare to follow the path you've already been on. I love seeing young trader progress
Due to high demand for a
#Crypto
#cryptocurrency
Access Methodology workshop. I'm going to pin this tweet to my profile. Will schedule a date for this workshop and update you all on a date. Will be free and all welcome.
#trading
#strategy
#education
Iv had a field day reading all the responses to my
#eurusd
#fx
post this am. Point in note. Its ok to get it wrong. Its ok to get it wrong many times. I get it wrong daily but the process I apply, never changes. This makes me a professional trader. Thank you for your responses!:)
FUN FACT for the day. The SP500 has doubled in just 364 days! Anyone that doesnt see this as a RED flag is .... . . .. . . . . . . . . . . . . . . . , you fill in the blanks. Correction is coming over coming months.
#trading
#strategy
I have had the unfortunate experience of spending 3 hours on Youtube this morning doing some research. I am utterly shocked at the volume of trading education dumped on Youtube.
Titles include; 'Look how much money I make' and 'Watch me Live trade' is simply out of control!
I
The harsh reality 99% of
#traders
MUST recognise before they can find some consistency and profitability is summarised neatly by the following quote from James Clear
"The purpose of setting goals is to win the game. The purpose of building systems is to continue playing the game.
Deliberate practice is tough. You need to have intrinsic motivation to do this. You need to the enjoy the process of improvement and enjoy the mental solidarity and “boredom” of practice.
#trading
#bitcoin
#btc
made the attempt above $34,500. Look at volume. highest print on the day. There was a small stop run but no commitment from buyers. Market will now wash out weak longs. $33250 to be tested.
#trading
What does it take to be a successful
#trader
? Well,
Mike Tyson has amazing quote on how long will it take become a skilled professional boxer...
‘How fast can you get punched 1000 times in the face’.
Point is , skill comes through experience and experience comes over time !
Todays CPI Print reminds me so much of July 2022. Markets were pricing in top for inflation. The result was we had significant upside beats.
This is not a prediction!
Consumer spending is robust. US earnings data continues to increase. The drop in inflation to date is driven
If
#inflation
was truly a problem. I promise you US10 yr yields would substantially higher then 1.65% and
#gold
would be well above $2000.
Trade with your eyes and not with your ears . The media is paid to print a story! A great inflation history lesson. 1974/1978.
#trading
When you are in an emotional-state you will always fail to see the big-picture and instead zoom into short-term focus. This is a biological phenomenon called survival/preservation . As a
#trader
, you have to have a systematic process to counter this human-flaw
#tradingpsychology
The
#fed
told us higher for longer is necessary and they won’t stop until job is done on inflation .
#powell
told us less than a week ago a higher terminal than forecast in December will be needed . He also opened door to 50bp next week. A single bank pops and suddenly there are
There have been a number of very key moments in my trading-career. One such moment was back in 2013. I was really battling to understand how can I make more money as a trader to be able to afford to live the London-Lifestyle. The economics of my personal situation just didn't
Cannot stress this enough. Fridays NFP is a game-changer for risk-markets. Not because of the Number but because how rates traders are reacting to it. Combine higher rates with earnings recession and a 10% drop in SP500 is going to come thick and fast. You have been warned.
A recession is not what will take equity markets down! It’s a re-acceleration of the US economy .
Why?
In short- if 5.33% rates don’t slow the economy it tells you we dealing with a much higher long run neutral rate then the Feds current 2.5%.
The sequencing of events should
Everyone should be protesting against this shit. Private funds and now banks are buying up global property markets because they can no longer generate returns compliments of central bank policy. Goodbye to homeownership dreams!
I hate to be the unpopular voice of twitter but
#Bitcoin
#BTC
is going to test $42,000, previous resistance, short term.Once we drop below $44,000, we going to see a scramble. If we fail to hold $41,500. WATCH out cause we wont stop until $37k.
#trading
#strategy
#cryptocurrency
The Fed will cut rates in July .
Chairman Powell has for over a year told us they have a dual mandate that includes returning inflation back to their target over time and ensuring the economy doesn’t fall off a cliff .
The US economy has fallen off a cliff .
The 30bp move
#bitcoin
#BTC
update. Chart looks technically beautiful for a
#Daytraders
. We call this the elastic trade. Price consolidates in tight range for a length of time. Elastic then snaps and shoots in one direction before reversing in opposite direction. In simple words.
If you want to become successful at technical analysis there is one simple rule to follow. You MUST use the same analytical approach to analysis time and time again. Fantastic chart in
#ES_F
. 4365/4410 was massive resistance over past few months and now it is offering support
Thinking about action is not the same as 'taking action'. You can read as many books as you want or listen to as many podcasts but reality is you will never progress until you start putting 1-foot-in-front-of-the-other. I see
#traders
with all the know-how and understanding
In life and in trading. Your results are perfectly correlated with the work you put in. There is no shortcut . Learn this and you ahead of 90% of crowd !
Bank of Canada threw hawkish surprise yesterday. Brazil central bank unexpectedly hiked 150bp & noted another 150bp hike coming next meeting. Bank of Russia hike 75bp last week. Bank of England expected to hike 15bp next week. All
#centralbanks
recognise
#inflation
not transitory
Here is your dose of
#Bitcoin
techincals. Both sides of this are going to be taken out this week. Trade accordingly. It will break the one side, then the other. Its simple trade really. Just be patient.Dont go chasing momentum that doesnt exist.
#trading
#strategy
#cryptotrading
Bank of Japan intervention is a signal of weakness. They have given the green light to vigilantes. When there is blood in the water, the sharks will circle . Yen may be down 9% Y-t-D BUT the only way to stop the slide is to hike rates. By intervening the BOJ is going to add
If there was one president that could've averted the war it was Trump. There many things I didnt like about his presidency but his ability to broker deals was superb.
Definitely my best win of 2024!
The odds were 1/200 of me getting in!
And Lady Luck gave me a spot ! This is the toughest triathlon on the planet and Iv been given an opportunity to compete .
Watch the short video if you want to know about the Norseman Triathlon.
That's it, Im out. Odds are market will now retrace to re-test $31250! Thanks for joining me for todays fireworks in
#bitcoin
#cryptocrash
. Lesson from today. There is no bearish /bullish. There is only opportunity. Doesnt matter what your inner beliefs are. See opportunity for
It’s ok to be ambitious . It’s ok to have goals but remember it all boils down to the journey towards the intended goal. Ironically reaching the goal only provides short term satisfaction. Enjoy the journey no matter how hard or taxing it may be.
#LifeHacks
#trading
One of the best investments I have made in my life is my 3 coaches. A wonderful example to share. This morning I was 45min late for swim session. Completely slept through alarm. All the other club members were long gone and my coach stayed behind. I told him he should go cause I
I will keep repeating it . The narrative is about more rates and possible faster tightening. The objective of any central bank is to be predictable and remove volatility , never stoke it. A
#fed
doing an emergency hike is neither predictable nor will reduce volatility instead it
Only an experienced trader will understand this because they will have overcome it . Once you adopt this into your mental framework , everything becomes clear !
#trading
#traders
Given what has already happened to
#euro
this year and the
#yen
and now
#gbp
.
#bitcoin
isn’t looking like such a bad alternative to fiat as current levels . What was notable this week was how
#crypto
outperformed this week ……
#trading
#traders
For everyone who has been asking me about the Part 2 and 3 of the Footprint workshop . The material is no available for all . Follow the link . Any questions about the Footprint Course email , info
@axiafutures
.com
You all been waiting for this. Footprint Workshop Session 2 is now here. Click here to watch full workshop. Keep on learning and keep on evolving. Developing edge is dynamic journey!
I have never heard Powell this DOVISH. He has twice had the chance to push back against rates cuts and twice he chose not to push back! Equities markets are going to explode higher into year end!!!
#trading
#traders
#FOMC
When the Fed is cutting rates and providing QE, the advice is don’t fight the fed. Be long because the Fed is incentivizing everyone to take risks. The Fed has now put rates at 5% and is draining 95bn a month in QT. Be short because the Fed is disincentivizing taking risk . This
Question for you to consider. US10 yr yields are plunging and gold is only trading $1796. $250 dollar below record highs . Anyone want to take a guess what signal this is sending from a macro stand -Point ?
Profiles are great when looking at how market is auctioning. Right now
#ES_F
comfortable inside a 3800-4000 range. We spent days/weeks accepting value around 3850. Now we accepting value at 4000. From pure technical perspective there is a high-prob drop to 3900 in days ahead.
A little trading lesson. Technical analysis is nothing more than tool to shape data into a meaningful construct. In basic ENGLISH. We use trading tools in a rules-based way to understand the data. You do not simply just draw a line and call it support. Second, technical analysis
Why do I have a coach? He gives me structure, he provides feedback loop, he tests my decision-making process, he questions my logic, he pushes me to new frontiers, he helps me evolve at my speed, he guides & protects me from bad decisions. This is an investment!!!
#trading
#life
Equities cannot go down even with rates surging higher, Oil > $100, Ukraine/Russia Conflict, Inflation ,FED QT and even 8 rate hikes priced 2022.....the pain trade is higher. Everyone is bearish fundamentally but market price action is anything but.
#trading
#traders
#priceaction
@awealthofcs
Aaaa but you need to add how we threaded the needle…. Trillions of dollars of federal spending . All we did was kick the recession can further down the road . Debt driven growth has to be refinanced this year .
If I showed 10 traders this daily chart,9 would all agree price pressure toward downside. No need to be clever with
#Bitcoin
#BTC
. Technically we are bearish,for now. So long as we cannot close above $41,000 on a daily chart, prob is high we move lower again.
#cryptocurrency
Lets get on with the
#Bitcoin
#BTC
#Crypto
#cryptocrash
theme. As professional day-traders the v-reversal trade opportunity is a very identifiable pattern to recognize. The directional bias is equally easy. The timing of continuation of the pattern is the art-form. I have seen
FOMC summary:
1. Hike 25bp
2. Future decision based on incoming data with core focus on credit tightening from banks.
3. Fed doesnt see cuts in their baseline for 2023
4. Powell doesnt see recession as his basecase but staff forecasts do see it as baseline scenario
5. Credit
March 2020 when
#covid
hit global financial markets.
#Oil
sold off 15% over first week of news.When
#omincron
hit markets, oil sold off 12.8% < 24hrs. The move for oil is done.
#OPEC
will hold off adding supply. Countries wont lockdown to same degree. Buy the dip!
#OOTT
#trading
Hands down the most useful twitter account I follow is
@themarketear
Not only is it informative but they also ahead of the typical news outlets like FT, Bloomberg, CNBC. You will learn alot. No doubt most of you already follow them and agree with this?!
#retweet
#Tesla
produces 0.000001% of global output/GDP. Yet they announce they won’t accept
#Bitcoin
anymore & market drops 15%. There is no liquidity in this market $ only handful of players. This is not good store of value if it cannot satisfy this principle of deep liquidity
@elerianm
Markets wants a soft-landing and a rate cut cycle.....Cant have both. 1995 was only soft-landing in history and the the Fed cut twice and paused for a year! Market pricing is for 100bp cuts in 2024 and 90bp more in 2025. Market doesnt quite understand a soft-landing....
The greatest trade you will ever make, is the investment into a great partner. My greatest trade arrived today with lunch, dinner and desert and a hug! Life is short, appreciate the good things.
#BestWifeEver
#Bitcoin
#Crypto
Dont say I dont give you live warnings from time to time.....Market has sent sell signal. Time to be short targetting 31,500 , stop 35,400
#strategy
#trading
Iv seen some pretty smart-folk basing a bull-bear these off a trendline in SP500. Whilst technical analysis has it use-cases. It is NOTHING more than a depiction of buy/sell data. To suddenly turn bullish because we close above a man-made line, is utter sillyness! Market trends
Remember : all eyes will now be on our hero president as he recovers . Not a single media outlet or Biden will say a bad word about a man who has a potentially fatal cough . Spotlight on trump 4 weeks before election is a SMART election play!!! The man is a genius !
War is inflationary!
Whilst US10yr was bought yesterday on immediate safe-haven status. If we do enter a prolonged war it will be another supply shock which will lead to a rebound in inflation expectations.
For now Oil remains below $72 but should we see an escalation and
#Bitcoin
#BTC
is giving up so many strong clues with current price action . When you learn to observe market objectively, you will learn about what comes next. For a start, note the significant volumes trade on Elon Musk tweet. Where did price go despite significant volumes?
The secret to success;1.Dedicate a sufficient amount of time for success to happen(>10YRS), 2. work smart everyday and 3. stay focused. This recipe is the same for everyone. There is no substitute. There is no fast-track .
#trading
#traders
STOP overthinking it
#Traders
. Over past 3 weeks I have seen MANY bull/bears cases. Everyone desperately trying to find the narrative that sticks . In reality. Its way more simple than you imagine and can be seen in a single chart. When banking crises hit. US Rates dropped hard
In the past week , Brazil Turkey and Russia all HIKED interest rates due to INfLATIONARY concerns . Given the world is interconnected , I would think inflation is about to become a global problem as global supply chain disruption .
#inflation
#economy
#trading
#Bitcoin
traded $29250 target overnight. Now we sit and wait. Constructively we expect further downside but we wont be assuming downside momentum. This low in
#BTC
is what we call a sucker low. It sucks in sellers only to reverse aggressively before eventually going lower.
'If you want to trade with no limits, you first have to practice without fear'. Problem for most
#traders
is you do very little training and instead trade with no limits. At some point you learn this, take 3-steps back and realise you ready to start learning.
#trading
#Traders
It’s should frighten the hell out of
#traders
that a megacap can lose 200bn. It reveals just how concentrated market bets are. Not a healthy situation for markets to be in .
#trading
Last lesson for Sunday night . Im not a bull, I’m not a bear . I’m just a trader whose job it is to recognise repeatable patterns and profit from them ! Happy Sunday
@RaoulGMI
Don’t agree . Bitcoin is a leveraged concept with no assets or balance sheet. Buying something just because a system may collapse is not a sound call but a punt . Bitcoin has no theoretical lower bound , it can go to zero .
Fantastic article to gain some truthful insight into what is really happening in South Africa. The sooner we can implement this policy, the sooner we can harness our countries true potential , it’s people.
#ProudlySouthAfrican
#LandExpropriation