The Ultra Idea : d-MR96nBa's Ultimate Market Journal

63
🌌The Ultra Idea : d-MR96nBa's🌠Ultimate Market Journal🎨


Hello Fellow Travelers

It's been some time since I've posted a Fresh Idea, though I've remained actively trading.
What better way to mark my TradView return, than to start an Ultimate Market Journal.
Financial Markets have taken my deep interest again recently, especially as we seem to be at a time of accelerating change and shifting regimes.
I believe many opportunities abound to those with open, flexible and creative minds.

A bit more about myself.
I've been involved with financial markets in one form or fashion for 18 years now.
I started out like most of us, approaching the game with fundamental analysis, only to later incorporate and then fully graduate to T/A.
I'm a natural Contrarian.
My brand of technical analysis is as much about aesthetics, creative expression, discovering hidden truths and applying Universal Principles as it is running the numbers.

I'm starting this off with Ultra Bond Futures, as UB's are the trading instrument I've come to specialise in, having had the most ongoing consistent success trading.
This by no means is going to be a "I bought here and sold there" type of Journal, as that's not my style.
Nor am I going to focus on a single market instrument, observation or style of analysis.
I'd like this to become a repository of accumulated wisdom and unique market perceptives.

I've just begun contemplating what this may evolve into in time, and I invite you to join me in taking this Leap

d-MR96nBa🌌


Concept
Inversion📈📉

Seek out and analyse whatever moves exactly inverse to what you intend to trade.
If you're having trouble discerning trend or observing price patterns, check the inverse.
This can be an excellent technique for exposing Bias.
This can work particularly well for currency traders, though can be Universally applied.

For US Ultra Bonds, the inverse is the US 30 Year Yield

Ultra Bond Futures
snapshot

US 30 Year Yield
snapshot

Currency traders, say you're about to trade AUD/CHF
Check out the CHF/AUD chart first, if they both appear Bullish or Bearish, you've got a Bias.

AUD/CHF
snapshot

CHF/AUD
snapshot

GBP/JPY
snapshot

JPY/GBP
snapshot

EUR/USD
snapshot

USD/EUR
snapshot

Are there any examples of Inversion in Trading you'd like to share ?

What else is on my🧠

Well just casually, I believe we're currently witnessing Peak Bitcoin in it's entire Life-cycle.
☄️ Bitcoin : If You're Believer 🅱️ I'd Be A Buyer ☀️

Have we Bull Trapped & Breakaway Gapped on Berkshire Hathaway

BRK.B
snapshot
snapshot

It's in the Detail
Note
Gold
Accept No Substitute.
Never fall into the "Catch-Up Game Trap."
Silver is presently such a Trap.
Gold will continue to Outperform Silver
Don't let a Dealer convince you otherwise
Buy Strength, Sell Weakness
Buy The Best, Winner takes all

Gold / > United States Dollar
snapshot
Gold / > US Dollar Index
snapshot
Gold / > Swiss Franc
snapshot
Gold / > Great British Pound
snapshot
Gold / > Euro
snapshot
Gold / > Japanese Yen
snapshot
Gold / > Bitcoin
snapshot
Gold / > Silver
snapshot

Bitcoin / < Gold
snapshot
snapshot
Bitcoin Total Market Cap / < Gold
snapshot
snapshot
Silver / < Gold
snapshot
snapshot
It's in the Detail

🥇
Note
I've become uneasy regarding Gold, this is mostly sentiment and intuition related..
A few too many people assuming it's a sure thing for my comfort
Note
DJ US Dollar Index
snapshot
Bullish Divergence 🕴🏻
Note
The USDT Dominance %
Appears to have turned Bullish to my eyes.
This would line up my expectation of future
US Dollar Strength.
Long the USD is a contrarian trade presently
Let's see how we pan out

snapshot
💵
Note
I'm pleased to have called an early exit to my recent Gold idea
In profit too which is always good.
What I missed was the already ebullient Sentiment
And the technical pattern highlighted in this chart
Sometimes you need to put a trade on, to know it's wrong

snapshot
💰

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.