Medium Term Trading of SP500 with Cycle Analysis

Discussion in 'Journals' started by SPX Blaster, Aug 22, 2019.

  1. No specific swing length. I use monthly, weekly, daily and intraday charts so whatever you can do is fine.


     
    #121     Sep 3, 2019
  2. SPX Blaster

    SPX Blaster Guest

    I'll do the shorter ones on gold. The cycles are not perfectly accurate and actual turn points can come early or late. There is a margin for error in the cycles and the shorter cycle obviously has a smaller margin of error.
     
    #122     Sep 3, 2019
  3. Sounds good. I understand the margin for error. That's where I think my oscillator work comes in as I won't take a trade unless those line up for me. So don't worry, I won't blame you or the cycles. But like today in AUDUSD, I think when a cycle supports something I'm seeing it just gives me more confidence in the trade.

     
    #123     Sep 3, 2019
  4. SPX Blaster

    SPX Blaster Guest

    Here is gold and future cycle swings. Take into consideration if gold is trending strongly. May not be wise to trade against a strong trend.

    gold example sep 14.jpg
     
    #124     Sep 3, 2019
  5. SPX Blaster

    SPX Blaster Guest

    Closed all trades except long crude oil now.
    Sorry, I didn't post a cycle chart first. I was busy with other things.

    forum.jpg
     
    #125     Sep 4, 2019
  6. SPX Blaster

    SPX Blaster Guest

    Looking to go long gbpaud on a pullback. The #1 low marked on the chart is today and moving to the next high about Sep. 10


    forum1.jpg
     
    #126     Sep 4, 2019
  7. I had oil come up on my charts too yesterday as a long trade. Pretty "slick" analysis! :D


     
    #127     Sep 4, 2019
    SPX Blaster likes this.
  8. SPX Blaster

    SPX Blaster Guest

    I'm long gbpaud now. It retrace 38.2 the past few hours and cycle says up.
     
    #128     Sep 4, 2019
  9. SPX Blaster

    SPX Blaster Guest

    Profit order hit.
     
    #129     Sep 4, 2019
  10. SPX Blaster

    SPX Blaster Guest

    Gbpaud looking good!
     
    #130     Sep 4, 2019
    formikatrading likes this.