Not many people view the markets in the way that I do.
Something I've made my own is the correlations I see between assets.
My take on US Crude Oil is that it may be driven by USO which has made a massive range breakout move.
This kind of thing usually leads to further upside...
Monday's big move across many of the markets has completely retraced to its origin now.
Was it predictable?
- Only if you know how to play the game and remember what happened previously.
This was my advice right after the move in the PTL Discord...
@gglendormi I only post a few things on Twitter/X to get people thinking outside of the box.
The majority of my teachings, setups and calls are in the Pro Traders Lounge for our members.
These were my Discord posts the night before the big drop in Crude Oil.
US CRUDE OIL: Last night, before the markets opened, I called for a possible Short in my Red Resistance Zone on this chart.
It was against the trend and completely against the news narrative but when you have a method with high probability you should just take the trade.
Watch the biggest assets like the Bond Markets, Dollar Index, Crude Oil, Gold and even Bitcoin for clues as to where the markets will go.
You can even predict 'Black Swan' events when you start to understand the patterns!
In January, I predicted a possible "Risk-Off" event...
@meskeriotojas Unfortunately, I don't have time to give constant updates on Twitter/X but I will switch a bias immediately once any plan is invalidated.
Also, on a very high timeframe, I still believe Bitcoin will revisit the All Time High, it's just a matter of when and how it gets there.
So... My last post here was about Barrick Gold Miners being a BIG factor in the recent Price Action of Gold (and all precious metals which move in unison).
Where did Gold, Silver and Platinum reject from in the end?
- Literally at the Highs of Barrick Mining Price Action... 🤔
Remember my simple Support and Resistance Levels from November last year?
Who would have expected such a significant S/R flip on my 'too simple' Resistance Level apart from those who understand the effectiveness of simple Technical Analysis? 😉
Want to see another reason why Gold & Silver could have been at turning points in their Price Action?
Check out the Gold/Silver Ratio chart.
It hit a Level that had respect previously and this is where prices happened to reverse.
Why?
- I don't know. It's just a pattern to me.
@LozYeah_ Hey Loz. I looked into it and it looks like your 2nd free year was cut short a few weeks earlier due to issues with the Discord bot. You weren't pushed out.
Most of you aren't privy to what goes on in my livestreams but I've been Bullish on all precious metals for a very long time and one of my key related stocks (as a proxy) has been Barrick Mining.
It's one of the only Gold miners that hasn't tested its previous All Time High yet.
The markets will respond to Trump's latest 'out-of-hours' tariff threat today after the US holiday.
Will this be another extended bear-market trigger or a short-term drop before a quick reversal back up?
Only price action and volume will tell us the true story.
You don't have to be completely right to make money in trading.
You just need to be on the right side of a trade and have the confidence to enter when you see a setup.
If I'm wrong about a new All Time High for Bitcoin, it doesn't matter at all because my last 3 calls have been very profitable so far ♥️
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I was being trolled for saying Bitcoin was in 'No man's land' but this week's candle has proven that with its small size and Dogi Star structure.
For context, I share High Timeframe ideas on Twitter but in the Pro Traders Lounge I go over many asset classes on multiple timeframes.
For example, I called the exact Bitcoin Low from last week as a potential Crypto buy zone as well as many scalps since then - both predictively and in-the-moment during members' livestreams.