Trade, Live and Thrive: May 2018

Monday, May 14, 2018

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Higher High? - Week 3 of May 2018.

Investing.com W Chart > Click

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

PAST

After a few week below the red and blue lines. the Index pops above both.

The Chikou Span (left) deflects off the Price line.

NEXT

Bulls after taking support at the 227% Fibonacci is headed for the Fibonacci 300%.
Bears want to prevent the Index clearing the Previous High and making a 'Higher High - Higher Low' pattern.

WRAP

Defending the previous High. is the Bear plan.

Bulls seek to get above the Fibonacci 300%.

CAC 40 (Europe Paris) - Étude de la semaine, Ichimoku - Higher High (5567) defence? - Week 3 of May 2018

Investing.com chart / graphique > Click

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

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

PAST

The Bulls, after being stopped at the Double Top, dip to the Kumo and bounce above the Blue and Red lines (center).

Chikou Span (left) and Senkou Span (A&B) (right) show Bullish turns.

Les Bulls, après avoir été arrêtés au Double Top, plongent vers le Kumo et rebondissent au-dessus des lignes Bleues et Rouges (au centre).

Chikou Span (à gauche) et Senkou Span (A & B) (à droite) montrent des virages haussiers.

Chikou Span, staying above the Price Line, will keep the advantage with the Bulls.
After successful base formation in the Kumo, Bulls should want a Higher High, Bears would defend the last High.

Chikou Span, en restant au-dessus de la ligne de prix, gardera l'avantage avec les Bulls.
Après une formation de base réussie dans le Kumo, les Bulls devraient vouloir un plus haut, les Bears défendraient le dernier High.

WRAP

Bears, seek to hold the last High (5567) and get a life in the Kumo .

Bulls seek to maintain the 'Higher High - Higher Low', and stay above the Kumo.

Ours, cherchez à tenir le dernier Haut (5567) et ayez une vie dans le Kumo.
Les taureaux cherchent à maintenir le «plus haut haut - plus bas» et restent au-dessus du Kumo.

Translation Credits :)

https://translate.google.com

Saturday, May 12, 2018

Nifty (Asia India) - Ichimoku Weekly Study - Kijun Sen Support - Week 3 of May 2018

Investing.com chart > Click

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

PAST

Index completes the throw back to the Kijun Sen (red line)
Bulls show intent to head towards the All Time High (ATH), with a long green candle last week.

NEXT

Bulls would now need a Higher High above the previous High (ATH)

Bears need life below the red line, to make any impression.

WRAP

Bulls chase the ATH (11703) and a Higher High.

Bears, seek life below the red line (10562).

BitCoin, BTC/USD - Ichimoku Chart Study - Higher Lows and Blue line support - Week 3 of May 2018.

Investing.com chart > Click

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

PAST

BitCoin spends 14 weeks tying to break above the Blue Tenkan Sen and after doing so, takes support on the Tenkan Sen (blue line) last week.
Currently the Chikou Span (left) is on course, to cross or deflect the Price line.
The Senkou Span A&B are close together, after two crosses.

NEXT

Bears seek to break below the Blue line once again.
Bulls hope to stay above the Fibonacci 61.8% and make a Higher High @ the red line.

WRAP

Bears hope for life below the blue line and seek a lower low.

Bulls seek to stay above the 61.8% Fibonacci, and reach the red line.

Brent Oil - Ichimoku Weekly Chart Study - Fibonacci 162% ($78) - Week 3 of May 2018.

Investing.com chart > Click

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

PAST

Index after breaking out of the range between the Red and Blue lines, makes a 'Higher High' (link)

Brent Oil, reaches resistance at the Fibonacci 162%.

NEXT

Bears, plan to defend the current resistance $78, the Fibonacci 161.8% (of the 2016 low to 2017 high)

Bulls plan to continue to trend above this mark to make target @ $82-$89.

WRAP

Bears pray for a weekly red candle and life below the Fibo 162%.

Bulls seek to trend on and reach the next target ($82-$89).

Gold Futures CFD - 'Weekly Technical Analysis' - Range - Week 3 of May 2018.

Investing.com W Chart > Click

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

PAST

Index makes a Higher High and a Double Top, then falls into a range between the red and blue line.

Chikou Span stays deflected off the price line.

NEXT

Bulls after making a Larger Wave Higher High, now seek to make a Higher low.
Bears hope to get below the red and blue range and make a lower low, below the Kumo.

WRAP

Fibonacci 100% and life above the red and blue range, is the Bull plan.

Bears seek a lower low (sub 1238) below the Fibonacci 61.8%.

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.