7:33PM EST - 7:53PM EST
TUESDAY JULY 9TH, 2024
7.9.2024
THE SBR DIARIES VOLUME ONE:
CHAPTER
I STARTED TRADING CURRENCY π²π΅ SIX YEARS AGO ON JUNE 1ST, 2018. AFTER ALL OF THESE YEARS HERE IS MY MINDSET AND STRATEGY.
I AM TRADING AGAINST THE DOLLAR INDEX DXY WHICH IS THE USD. IF THE USD DXY IS BULLISH THEN I AM BEARISH ON ANY PAIR TRADING AGAINST THE USD DXY. IF THE USD DXY IS BEARISH THEN I AM BULLISH ON ANY PAIRS WITH USD INSIDE OF THE PAIR. π .
THE USD DXY IS BULLISH NOW SO I AM SELLING THREE METALS. I AM SELLING SILVER XAGUSD. I AM SELLING GOLD XAUUSD. I AM SELLING PLATINUM XPTUSD.
I STARTED DOING THIS ON SUNDAY NIGHT AT MARKET OPEN π. IT WORKED TREMENDOUSLY WELL. PLATINUM AND GOLD π₯πͺ DROPPED $30 AND $50 RESPECTIVELY. SILVER WENT UP 20 CENTS OR 20 PIPS OR 200 POINTS AND THEN IT CRASHED DOWN. SILVER HAS TURRETS. I PLACE A 0.05 LOT SIZE ON ANY PAIR EXCEPT SILVER. SILVER GETS A 0.02 LOT SIZE.
I AM TRADING NASDAQ US 100 AS WELL. I LEARNED THE HARD WAY THIS WEEK NASDAQ DOES NOT CORRESPOND WITH THE USD DXY. THIS WAS THE MAIN ISSUE I MADE. I WAS SELLING NASDAQ BEFORE THE HOURLY OSMA WAS NEGATIVE. THE OSMA IS THE OSCILLATOR OF MOVING AVERAGES OR THE MOVING AVERAGES OSCILLATOR. IT IS THE TWIN OF THE MACD. THE MACD IS THE MOVING AVERAGES CONVERGENCE DIVERGENCE. THE OSMA AND THE MACD IS THE TRENDING DIRECTION. POSITIVE IS A BUY SIGNAL π₯ π¦ AND NEGATIVE IS A SELL SIGNAL π₯π¦. I AM NOW AN OBSERVER OF THE MARKET. I AM NOT LOOKING FOR A TRADE. I AM LOOKING TO ISOLATE THE TREND. AFTER ISOLATING THE TREND I THEN LOOK TO ONLY FOLLOW THE TREND.
I USE INVESTING DOT COM TECHNICAL CHART FOR REFERENCE. I AM ALSO NOW USING AI OR ARTIFICIAL INTELLIGENCE CHAT SITES TO HELP ASCERTAIN CHART DIRECTION. THE QUESTION I ASK WWW.IASK.AI IS "WHAT DIRECTION IS THE 30 MINUTE CHART GOING?".
ON INVESTING DOT COM I AM WATCHING THE 30 MINUTE, HOURLY AND FIVE HOUR DXY CHART. I AM WATCHING THE STOCHRSI TECHNICAL INDICATOR AND THE 12 MOVING AVERAGES BOXES. ONCE THE 12 BOXES ARE ALL GREEN IN THIS BULLISH DXY TREND ON THE 30M TO FIVE HOUR MOVING AVERAGES BOXES THEN I GO TO THE 30M MOVING AVERAGES BOXES. ONCE 12 GREEN TURNS INTO 11 GREEN IT MEANS 1 RED POPPED UP. THEN I GO BULLISH ON THE VS USD PAIRS.
THEN I WILL GO TO IASK.AI AND POSE THE QUESTION: "WHAT DIRECTION IS THE DXY 30 MINUTE CHART GOING?". THEN I WILL BUY PLATINUM XPTUSD, SILVER XAGUSD AND GOLD XAUUSD.
FOR NASDAQ I USE THE 12 HOURLY MOVING AVERAGES BOXES. ONCE THEY TURN 12 RED THEN I WILL GO TO THE META TRADER CHART AND CHECK THE HOURLY OSMA INDICATOR. ONCE IT GOES BACK POSITIVE THEN I WILL BUY IT.
THIS IS WHERE I AM AT WITH THE TRADING. I WILL BE BACK SOON π π TO FILL YOU IN MORE ON THE DETAILS AND THE PROCESS. THANK YOU AND HAVE A GREAT DAY AND A GREAT NIGHT π π ☀️π.
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