ChrisD_Macro

ChrisD_Macro

The majority of the move in AMEX:SPY since 1993 has been in the overnight session. In a trending bull market, and making new highs, this gap trade becomes more common. But it doesn’t happen every day We bought the close on Friday, looking to close out early near the open on Monday Theres countless papers on this edge, heres one about the overnight...

ChrisD_Macro

If you aren't a part of the Pollinate Trading Lab you are missing out! We have a great bunch of traders in there now sharing backtests, setups, knowledge, code (for those of you who are interested in using AI and algo's), we even have a shared Google Drive of all our resources available for members. This is not a signal service, don't join if you want someone...

ChrisD_Macro Updated 

“This is the longest bull market in history!” That’s just not the case Let’s take a walk back in time…. Link to Blog Post This chart represents Present Day $SPX all the way back to 1872 This only represents about 150 years of US Markets history From a headline perspective the longest bull market in history sounds tempting to use There are some agreed upon...

ChrisD_Macro

Weekly VBO Successfully held support and would expect next 2 weeks to finish up closer to 13-14k given the average monthly range when 10k is in play

ChrisD_Macro

Daily Market regime Bull Quiet Selloffs are quick and short lived Use as buying opp --- The best shorts get stopped out quickly ----- Longs are slow and steady ---- Also known as the market regime that pisses off the bears more than anything ----- Always In Long Market

ChrisD_Macro

Oil testing bottom of channel - buy SPY testing top of channel - sell DXY pushing breakout higher - buy Yuan taking a break - neutral 10 Year Notes - buy BTC - neutral (wait for close above the high of 9 bar) Gold - almost ready to take a break, not quite done yet. Eurodollar - buy Expand each chart to view notes on each market.

ChrisD_Macro

EURCAD has put in a TD Setup Perfection Buy and triggered an entry with a buy stop at 1.50530 Stop is a 12 hour bar close below 1.46960 With MACD turning up here and the Demark Setup, this one has a lot of potential. All /CAD crosses are firing off these setups as well, I had my pick of which to chose and I went with EURCAD as I have the strongest win rate in...

ChrisD_Macro

I've written a bit about the bottoming process in assets, specifically how Bitcoin is bottoming and what that should look like over time. 2018 has been a dramatically different environment for the crypto space than 2017 was, obviously. There was manic euphoria and when those types of parabolic moves exist, the eventual hangover is long and drawn out with false...

ChrisD_Macro

GBPJPY continues the downward move after breaking below the trendline support that held up twice before, the next test looks to be the previous swing lows 143.769 143.195 Today we've bounced off the first level at 143.769 so far getting as low as 143.811 (pretty darn close). Notice that both of these previous swing lows brought multiday rally's so the risk at...

ChrisD_Macro

New week, updated the dashboard. Swapped out Commodities and Emerging Markets for Dow Futures and Eurodollar futures. Bonds and Notes looking bullish here, the biggest surprise to everything and everyone would be a bond price rally (rates dropping). Everyone is expecting rate hikes, like nearly 100% Will generate a trade idea this week for bonds or notes....

ChrisD_Macro Updated 

BTCUSD has held up well through this bottoming process. Took the short trade this week and have been lightening that position, there is a potential to go lower to try the 78.6% Fibonacci level at 6590 but for me, I've taken a nice 700 point chunk of meat out of this move and want to lighten my risk here. We dropped hard Saturday morning (US West Coast) to hit...

ChrisD_Macro Updated 

ETHBTC has generated a Demark Setup Perfection Buy signal on the 3 day chart. The 3 day bar will end 8/5 (Sunday) with the confirmation of the buy signal. My trading plan is to take the high swing of the #9 bar and place a buy stop (if below) or a limit buy (if above that level when this bar closes). With a stop on a 3 day bar *close* below the risk level stop...

ChrisD_Macro Updated 

Going Long ETHUSD -2.44% -2.82% with a Demark Setup Buy Perfection signaled on the 12 hour chart and a move above the high of the 9 bar at 415.89 -Long at 415.89 or better (got filled Saturday morning at 405.96) -Stop with a *12 hour bar close* below 399.13 (the 12 hour candle must close below this level to signal liquidation, merely going below does not stop...

ChrisD_Macro

Going Long ETHUSD -2.82% with a Demark Setup Buy Perfection signaled on the 12 hour chart and a move above the high of the 9 bar at 415.89 -Long at 415.89 or better (1st entry) -Stop with a *12 hour bar close* below 399.13 Will look to add to this position if it moves in our direction.

ChrisD_Macro

On 7/11 GBPJPY generated a Demark setup sell perfection. A Sell Stop order was placed at 146.805 and was filled a week later on 7/19 with an initial stop at 149.4610. This week we swung back to our entry price and a bit higher before turning lower on Thursday and Friday. With the swing high this week and putting in new lows, we dropped our stop from -260 pips...

ChrisD_Macro

So far TD Setup Perfection Long position signalad a buy and is holding up with some respectable gains. Long 68.41 Stop Daily close below 65.75 MACD turning higher but still hasn't crossed up, but if we have a higher close on Sunday Globex session that *could* bring Monday morning buy orders. On the weekly chart, we have a really nice upward trending channel...

ChrisD_Macro Updated 

Last week 7/24 BTCUSD generated a Demark 9 Setup Perfection Sell Signal. The entry was triggered via a Sell Stop below the low of the 9 bar at 7690 with an initial stop at 9323 This aligned with hitting the 61.8% Fibonacci retracement levels from the May highs to June lows, as both of these lined up it gives a little more confidence in the short side playing...

ChrisD_Macro

My outlook for what's happening right now and where things will likely turn or move to. BTCUSD WTI 30 Yr Bonds USDCNH Gold DXY EEM Bloomberg Commodities Index Seasonally August and September SPX underperforms while global markets outperform, this could be a good counter trend move into September lows as the US positions itself to vacuum up as much global assets...