BIGfootprints

The recent market movement has been an unexpected and turbulent experience, catching many off guard. It marked the longest losing streak since 1974, which presented a significant opportunity for profit, provided we were attentive and well-positioned. The market's fluctuations, akin to a roller coaster ride, are always thrilling. The accompanying Swing Chart illustrates how the initial euphoria following the election has been corrected, returning us to a more grounded reality. As always, gravity remains a reliable force. The drop was supported at the 886 level of the previous swing, with a subsequent bounce from that point. The previous swing, as highlighted above, had a designated target zone, which was unfortunately missed. However, we now have another opportunity to capitalize on this potential move, and should it materialize, we can refer to it as a "Santa Rally." While many anticipated a significant downturn at the start of the New Year, the market had different plans...

The NIFTY50 (INDY) has experienced a short-lived rally following a brief bounce off the November 21 low, but it has now resumed its downward trajectory and is approaching the previous low. The all-time high (ATH) was recorded on September 26, and the market has remained bearish since that point. If the current support level breaks, we are targeting the Daily Fibonacci levels indicated by the orange box on the chart. This downtrend may face temporary interruptions due to the potential impact of a Santa rally, but the future remains uncertain. Internal BIGfootprints chart: The daily chart below illustrates the price action since the June 4 Exit Polls event. The target zone dip has recovered (or perhaps more accurately, eroded) all gains made since then. Markets are governed by unpredictable dynamics, where volatility can both challenge and present opportunities for growth. As we navigate these fluctuations, we recognize that setbacks are simply part of the journey. Embrace each day with ...

Are you considering shorting this position? I took the trade yesterday, and TSLA has already risen by another $20 from yesterday's close. Please note, this trade is not based on Bigfootprints, as they remain in the green. The current upswing started from a price of $326.59. This trade is based on the daily target zone of 397 to 448, which has been surpassed by a significant, though rare, movement in my past experience. Historically, any movement beyond this target zone tends to revert back into the zone sooner rather than later. While I acknowledge that this time could potentially be an exception, my analysis suggests that past patterns may still apply. "Options are incredibly expensive for this asset, even for straightforward calls and puts. The cost doesn't justify the investment, in my opinion." " Structured Option Combos offer a strategic approach by utilizing a credit spread to offset the cost of a debit spread. This creates a directional trade based on ant...

The rally in TD following its post-earnings low may be indicative of a temporary "dead cat bounce" in conjunction with the seasonal Santa Rally. Alternatively, it could signal the beginning of a new trend, which many investors would welcome. Should a pullback occur, the Fibonacci target for the current swing is highlighted in the red box on the chart. Previous post for reference: Link For further insights, visit:  BIGfootprints No analysis necessary. This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- 📌 DISCLAIMER The content provided in this post, including analysis, ALGOMETATRENDS Signals (and associated colors), MetaMarker values, and Tradeable BIGfootprints, is subject to change at any time without prior notice. These elements are dynamic and based on real-time price ac...

INDY = NIFTY Update India Investors, Stay Alert! BIGfootprints : A New Signal Has Been Triggered Stay tuned for updates and insights! -------------------------------------- Reference Posts for Context December 5th Post : Read Here December 2nd Post : Read Here For further insights, visit:  BIGfootprints No analysis necessary. This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- 📌 DISCLAIMER The content provided in this post, including analysis, ALGOMETATRENDS Signals (and associated colors), MetaMarker values, and Tradeable BIGfootprints, is subject to change at any time without prior notice. These elements are dynamic and based on real-time price action. This information is intended for educational purposes only. Past performance is not indicative of future results. This is not t...

Managed a proprietary trading office for three years prior to the pandemic, concluding operations in 2015. Key Takeaways : This experience underscored the immense value of learning from both failed ventures and traders. Over the course of managing the office, we engaged with over 55 traders—each highly ambitious but often carrying unrealistic expectations. Many aspired to achieve significant financial success within just 3–4 months, yet lacked the financial resilience to sustain themselves during the early stages without steady income. Challenges and Learnings : Burnout occurred rapidly for many traders, especially during the early stages, when they were repeatedly stopped out on a daily basis. The system in place incorporated built-in daily stop losses, and some traders found themselves hitting these limits by 10:30 AM, forcing them to either leave for the day or remain and trade with "dummy money." The majority chose to exit. Key Insight : Through this experience, I develop...

Tall Blonde is what I prefer daytime when I want to indulge (Guess brand). Double cream and no sugar. And I love coffee .. steaming hotttt.  BIGfootprint's today were GAP and GO followed by quick Gap Fill and currently RED Short as in chart. Green Swing has FIBS as marked. STOP is above todays High.   Daily Update: Today's TWEEZER spike, as indicated on the chart, has surpassed the Target Zone from the Monthly timeframe. The continuation of this move remains uncertain and can only be determined by the passage of time. Given today's significant footprint activity, it is probable that the price will enter the Green Zone, potentially setting the stage for a corrective phase or a topping action—assuming the current peak represents the high poin The key resistance levels are as follows: 353.35, 387.30, and 425.95 (2011 High).4o mini Today, Coffee Spike reached a new monthly high of 348.35, following a steady decline from 2011 to 2020, as illustrated in the chart below. The sw...

Are You Prepared for a Short Position? It’s no secret we’re referring to TSLA and Elon Musk . TSLA has experienced an extraordinary run with DOGE , unlike anything we've seen before. However, as with all good things, there’s always a point where momentum shifts. After taking a closer look, it seems that gravity is still in play. Bigfootprint Chart: Over the past 10 days, all sessions have closed in the green, following a gap up last Monday. What’s driving the excitement? The possibility of a short is certainly on the table— but only if the right signals emerge , and they may not materialize this year. Should we see a shift to red footprints and maintain yesterday's high of 404.80 , it could be time to position accordingly. Why? More insights can be found in the daily and monthly charts below, though it’s important to remember that nothing is guaranteed. Always stay informed and cautious. Daily Update: The recent swing Fibonacci has brought us into the target zone. Although we...

USD-JPY: CARRY Trade - Canary Squeaked (July 3, 2024) The "canary" in the financial markets signaled trouble on July 3, 2024, with a noticeable squeak that preceded a significant downtrend. While the canary’s warning began mid-November, markets temporarily diverged due to an election surprise and continued overzealous optimism. However, as is often the case, reality will eventually prevail, and the natural forces of gravity will take hold. The question remains: could this time truly be different? Historically, the answer has always been no. Bigfootprint Chart: GREEN Counter-Trend Rally The chart shows a counter-trend rally, represented by green, which has retraced approximately 38.2% of the drop from November 15-23. If this rally fades and the market experiences a pullback, it could be severe, as many indices are nearing target zones set by the pandemic lows. We are entering a cautious phase, and I’ll be closely monitoring this "canary" for further clues as we navig...

RY Royal Bank reported solid earnings but appears to be facing challenges in gaining upward momentum. What’s holding it back? Is it reaching a peak? Left Chart: On a monthly scale, with respect to the pandemic lows and the 2022 high, RY is now within its target zone. Support is located around the $115 mark, assuming the high has been reached. Right Chart: The earnings gap was filled within an hour. Subsequent attempts to surpass the post-earnings high have failed, and tradeable footprints are indicating a bearish trend (marked in red). Let the key market signals play out until a trend reversal occurs. The future remains uncertain—who can predict it? For further insights, visit:  BIGfootprints No analysis necessary. This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- 📌 DISCLAIME...

TD: Dramatic decline despite known uncertainties. Never assume: The price action remained sideways leading up to earnings. The assumption that the downside was already priced in proved to be incorrect. The drop has now breached the June low, and if this downward trend persists, key support levels to watch are 50.62 on a monthly basis, followed by 44.73 further down. Let the Bigfootprint's roll till the turn happens. No one knows what Future holds. Do you? "Left Chart: Daily Timeframe. Right Chart: Major Red Footprints" "Monthly Fibonacci Levels and Swings" For further insights, visit:  BIGfootprints No analysis necessary. This is for educational purposes only. Always use stop-losses when trading and fully understand the risks involved. Only trade with capital you can afford to lose, and ensure that your financial obligations and personal well-being are not at risk. -------- 📌 DISCLAIMER The content provided in this post, including analysis, ALGOMETATRENDS Signa...