Trade, Live and Thrive: 2019

Saturday, December 7, 2019

Nifty (Asia India) - Weekly Study - Week 2 of Decemberr 2019 - Reached All Time High..more Highs?

Follow up of eaarlier Blog Post..see post below...

http://tradertradertrader.blogspot.com/2019/10/nifty-asia-india-weekly-study-week-4-of.html

Suggested Possiblities..

Possible (Bullish) Cypher Pattern seen on the Nifty Weekly Chart as above.

However this pattern can form if Nifty reaches Point C.

Point C is exactly at the All Time High.

Probability currently at 33%.

Current Scenario..

Point C is reached !!!

Future Possibilities...

Point D can be reached and pattern completed.

Probability currently at 49% (up from 33%).

Higher Highs are made.

Probability currently at 51%.

Friday, October 18, 2019

Nifty (Asia India) - Weekly Study - Week 4 of October 2019 - Back to the All Time High?

Possiblities..

Possible (Bullish) Cypher Pattern seen on the Nifty Weekly Chart as above.

However this pattern can form if Nifty reaches Point C.

Point C is exactly at the All Time High.

Probability currently at 33%.

Nifty (Asia India) - Ichimoku Weekly Study - All Time High to a Harmonic Cypher? Wrap - Week 4 of October 2019

WRAP

Possible (Bullish) Cypher Pattern seen on the Nifty Weekly Chart and discussed in June 2019.

Pattern does not make a perfect D.

Pattern however reaches the 'Profit' target, getting to the Fibonacci 61.8% of the fall (C to D).

(Tweet here https://twitter.com/TradeLiveThrive/status/1176078961488494592?s=20 and here https://twitter.com/TradeLiveThrive/status/1183034822047911937?s=20 )

Saturday, August 3, 2019

Nifty (Asia India) - Ichimoku Weekly Study - All Time High to a Harmonic Cypher? - Week 1 of August 2019

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Nifty 50, falls hard from the All Time High.
Lands on the Kumo in a perfect touchdown.
Chikou Span (white line - see left) touches the price line.

NEXT

Bulls seek to stay above the Kumo support.
Last week's candle dipping below 'B' heightens the possibility (with probability now at 50%) of a run towards 'D' and a possible (Bullish) Cypher Pattern.

Bulls using current supports, pray they can avoid more red and need to get back above the Red and Blue lines (which would cross each other bearishly next week).

WRAP

Bulls, battered and bruised, pray for a green candle next.

Bears, seek more red on the screen and a dive to point 'D' (10456) as marked above.

Saturday, June 8, 2019

Nifty (Asia India) - Ichimoku Weekly Study - Two Peaks and a Slip - Week 2 of June 2019

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Nifty 50, makes two new All Time Highs.
Second High floats +1.13% above the first.
Bulls keep index above all signals on the Ichimoku System at this time.

NEXT

Bulls aim for 12366, the Fibonacci 127% as marked above.
Last week's candle dipping below 'A' triggers the possibility (now at 20%) of a run towards 'D' of a possible (Bullish) Cypher Pattern.

Bulls having pulled back above 'A' level, now look to trend on.

WRAP

Bulls on a roll, seek to make a new All Time High (12366) after climbing back above 'A' level.

Bears, seek more red on the screen and a dive to point 'D' marked.

Saturday, March 23, 2019

S&P 500 (US) - 'Weekly Technical Analysis' - Stuck to the 'Cloud' - Week 4 of March 2019.

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Bulls get through the Kumo (cloud) and hover around the Fibonacci 300% level.

Index under the gravitational pull of the Kumo, stuck to the edge of the Cloud.

The 'Chikou Span' (left) is below the Price line.

NEXT

Bulls, want to take off from the Cloud (Kumo), and reach the All Time High of 2941.
Bears seek to get back into the Kumo and make this a 'Lower High' to match the 'Lower Low' of Dec 2018.

WRAP

After a long green run, Bulls seek to reach the All Time High 2941.

Bears plan to crash the party, make this a 'Lower High' and dive below the Kumo.

Saturday, March 16, 2019

Nifty (Asia India) - Ichimoku Weekly Study - 'Take off' from Kumo - Week 3 of March 2019

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Nifty 50, 'takes off' after spending a dozen weeks around the gravitational field of the Kumo (cloud).
Blue line (Tenkan Sen) crosses above Red line (Kijun Sen) bullishly.

Chikou Span (white line - left), touches the price line from below.

NEXT

Bulls aim for 11760, the All Time High (ATH).

Chikou Span ready for Bearish deflection (@11555) or Bullish Cross of the Price line.

WRAP

Bulls on a roll, seek to make a new All Time High (11760+) after clearing 11555.

Bears, want to slip below the Fibonacci 23.6% (11333) and then throw back to the Kumo.

Brent Oil - Ichimoku Weekly Chart Study - Kumo Resistance & Fibonacci Supports 2 - Week 3 of March 2019.

Investing.com chart > Click

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Brent, takes Support at the 61.8% Fibonacci projection as marked above.
Bears keep it below the KUMO these past weeks.

Index stops right at the red line (Kijun Sen) at last week's close.

NEXT

Bears see resistance at the Kumo and the Kijun Sen (red line).

Bulls see support at Fibo 61.8% and the rising Blue line (Tenkan Sen).

WRAP

Bears after holding out below the Kumo, seek a lower low (below $50)

Bulls after weeks of consolidation, seek to get into the Kumo, break above the red line and reach $77.

Saturday, March 2, 2019

CAC 40 (Europe Paris) - Étude de la semaine, Ichimoku - Ranging and now at Fibonacci 100% - Week 1 of March 2019

Introduction & Primer to Ichimoku can be read at this link > click.

Introduction & Primer à Ichimoku peut être lu sur ce lien> cliquez.

PAST

The CAC40 Index climbs to the Fibonacci 127% as marked by May 2018 and falls at this resistance to Fibonacci 61.8% by end of 2018.

Now it has reached the resistance at the Kumo and Fibonacci 100%.

L'indice CAC40 grimpe aux 127% de Fibonacci comme indiqué en mai 2018 et tombe à cette résistance à 61,8% à Fibonacci d'ici la fin de 2018

Maintenant, il a atteint la résistance au Kumo et à Fibonacci à 100%.

Chikou Span (white line, see left), reaches the point of Bullish Cross or Bearish deflection with the Price line.

The Kumo (cloud) along with the Fibonacci 100% are resistances. The Blue and Red lines are supports.

Chikou Span (ligne blanche, voir à gauche), atteint le point de déviation en croix haussière ou baissière avec la ligne de prix

Le Kumo (nuage) avec le Fibonacci 100% sont des résistances. Les lignes bleues et rouges sont des supports.

WRAP

Bulls seek to clear above resistance and reach the old high of 5686.

Bears plan to use current resistances to take a dive towards supports.

Les taureaux cherchent à dépasser la résistance et à atteindre l’ancien sommet de 5686.

Les ours prévoient utiliser les résistances actuelles pour plonger vers les supports.

Translation Credits :)

https://translate.google.com

Saturday, January 26, 2019

S&P 500 (US) - 'Weekly Technical Analysis' - Back to the 'Cloud' - Week 5 of January 2018.

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Index after dropping down to the Kumo (cloud), and doing a 7 week skirmish there, dives to the Fibonacci 162% mark and returns to the cloud.

The 'Chikou Span' (left) is below the Price line.

NEXT

Bulls, seek to get above the Kumo. and head for the Fibonacci 300% mark.
The Bear camp needs to use the resistance at the Kumo, to get a red candle after 5 green ones.

WRAP

After a V shaped recovery from the fall off the Cloud (Kumo), Bulls & Bears, need to resolve the direction from this neutral ground.

The Kumo (2645 to 2730) is the current range, take off from which, determines the future of the 'Trump' Rally.

Welcome Read

The Trading methods used here are suitable for those who (like me) are always Learners in the World Market (never presuming Mastery).

One learns with 'Technical Analysis' using Moving Averages, Channels, Time frames, Pattern & Candlestick Analysis, Fibonacci, Ichimoku Cloud, Oscillators & other Technical Indicators.

To comprehend the Dynamics of any Market, Peer Wisdom suggests, that we show plenty of Patience, keep it real Simple and adopt tons of Discipline.

We therefore use the same framework 'Patiently' every week - 'Simple' Technical Analysis Tools are repeated - The 'Discipline' of keeping a Neutral view is maintained.

So welcome to my notes - posted here for my Friends and Family.

Some Quotes..

There are times when playing the stock market that your money should be inactive - waiting on the sidelines in cash - waiting to come into play. In the stockmarket - time is not money - time is time and money is money. Often money that is just sitting can later be moved into the right situation at the right time and make a vast fortune – patience – patience. Patience is the key to success not speed.

Jesse Livermore.

That's been one of my mantras - focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it's worth it in the end because once you get there, you can move mountains.

Steve Jobs.

Discipline is the bridge between goals and accomplishment.

Jim Rohn.

Favorite Quote

"Why do we trade?

To be sure, trading allows us independence, the opportunity to work for ourselves. Trading also offers the prospects of a lifestyle in which evenings and weekends need not be consumed by work. Some of us crave the competitive aspect of trading, doing fresh battle each day. Others approach trading as a puzzle to be solved, deriving a sense of intellectual achievement. Finally, there is income. A successful trader can make seven figures in a year—and many of the traders I work with are living proof of that.

So why do they trade? Once you have the money, all of trading’s lifestyle advantages could easily be yours. Needs for competition and intellectual stimulation could be met in so many other ways. Why do traders remain traders long after they’ve won the game?

The great professions are those that serve as personal playing fields. They are the arenas we choose to express and develop ourselves. In mastering a discipline, we cultivate self-mastery. In writing a poem or placing a large trade, we capture—in a single act—our vision of how we see the world at that moment.

The great occupations are great precisely because they are such meaningful playing fields. Long after we’ve earned fame and fortune, the calling remains to be more than we are, to return to the arena and do battle with our limitations. The profound urge to extend the human grasp is common to all the great callings. To run faster, to capture more beauty, to predict ever better: in no small measure, our work is our pursuit of the godlike, however fleeting.

Maybe it is our different images of the godlike that animate our career choices.In work we find something divine within ourselves. Whether as scientists, monks, or traders, we strive for those moments when we are just a little closer to perfection, a little nearer to immortality. That is why we trade"

.... Brett N. Steenbarger

Inspiration

The Parable of Talents...

14 For the kingdom of heaven is as a man travelling into a far country, who called his own servants, and delivered unto them his goods. 15 And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey. 16 Then he that had received the five talents went and traded with the same, and made them other five talents. 17 And likewise he that had received two, he also gained other two. 18 But he that had received one went and digged in the earth, and hid his lord's money. 19 After a long time the lord of those servants cometh, and reckoneth with them. 20 And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more. 21 His lord said unto him, Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord. 22 He also that had received two talents came and said, Lord, thou deliveredst unto me two talents: behold, I have gained two other talents beside them. 23 His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord. 24 Then he which had received the one talent came and said, Lord, I knew thee that thou art an hard man, reaping where thou hast not sown, and gathering where thou hast not strawed: 25 And I was afraid, and went and hid thy talent in the earth: lo, there thou hast that is thine. 26 His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed: 27 Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury. 28 Take therefore the talent from him, and give it unto him which hath ten talents. 29 For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath. 30 And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth.

The Holy Bible: Matthew - Chapter 25.