Price & Time market cycles | Commodity & FX trader
Passed all three levels of the CFA Program
"Μηδείς αγεωμέτρητος εισίτω"
Mar 25 • 9 tweets • 2 min read
#gold #silver #preciousmetals #cycles #markettiming
🧵Thread
𝐇𝐨𝐰 𝐭𝐨 𝐭𝐫𝐚𝐝𝐞 𝐨𝐮𝐫 𝐤𝐞𝐲 𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐠𝐨𝐥𝐝
A key date can cause:
▪️ a change in trend
▪️ pause in trend (consolidation)
▪️ an acceleration of the prevailing trend; or
▪️ provide support (resistance)
𝐔𝐩𝐭𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭
Mar 10, 2023 • 4 tweets • 2 min read
#DXY#USD#EURUSD#trading
I removed 33% of my longs on the EURUSD @ 1.0666-1.0693.
USD net long 67%
I removed another 15% of my longs on the EURUSD @ 1.0702.
USD net long 50%
My tweet on Mar 10 "USD net long 67%" should read as follows "USD net long 33%".
Jul 7, 2022 • 16 tweets • 6 min read
#Gold#Silver#Commodities#Cycles#MarketTiming
I've studied every major price swing in gold & I have observed that [among other mkt conditions]:
▪️ gold follows cycles that expand/contract geometrically
▪️ the 1869 panic has played a key role
▪️ price & time are interchangeable
In this thread, we will discuss the last concept. Often, a significant PRICE (low, high, price range) will repeat in the future in the form of TIME (days, weeks, months) at a major turning point (vice versa). This not TA. It is a lost art.