GonzooTrading

13:08

GonzooTrading

In this video, I dive into the S&P 500 and other major indexes to share my current market outlook. Right now, price action is stalling and volume continues to dry up — a signal that we could be due for a deeper pullback before any continuation to the upside. 📌 With global fundamentals such as: US–China trade tensions Russia–Ukraine war Broader geopolitical...

GonzooTrading

Loss Taken on NASDAQ:FUTU – SL Hit 📉 Stopped out on my FUTU trade today. It’s part of the game — we’re not always going to be right. What matters most is how we respond. 👉 Took the loss. 👉 Reviewed the setup. 👉 Learning and improving with every trade. Losing trades are just part of the cost of doing business. Stick to the process, follow your rules, and...

GonzooTrading

Loss Locked on NASDAQ:PLTR — Part of the Game 💸 I closed out a position on Palantir today for a loss. Why? I listened to a gut feeling that the broader market was about to roll over… but it never did. The market proved me wrong, and I paid the price. That’s trading. Key takeaway: Stick to the plan, not the gut. Emotions can’t beat a well-tested...

GonzooTrading

📉 Lesson Learned – The Way of a Trader 📈 Well… this time I jumped the gun. Thought the market would break lower from a compression point, but I was wrong. Price pushed higher, broke the ascending channel upwards — and I paid the price 💸 Not much volume behind the move, but still... up is up. I acted on a gut feeling, and that didn’t work out. The mistake? ⛔...

19:04

GonzooTrading

In this video, I break down the current state of the US and global economy, and why I believe we’re heading into a bearish phase. 📉 Fundamentals: I cover the key macroeconomic factors influencing the markets — including Trump’s proposed new tariffs, slowing GDP growth, and ongoing supply chain constraints. These all point toward increasing pressure on the global...

GonzooTrading

BZ Trade Update 📈 BZ has shown strong bullish behavior after bouncing off a key support level. It has now broken out of an ascending wedge formation, offering another solid entry opportunity. I've entered a second position and adjusted risk management accordingly: ✅ SL of the first trade moved to breakeven (BE) ✅ New SL set 1% below the second entry candle Now...

08:41

GonzooTrading

Want to level up your trading decisions? Mastering Multi-Time Frame Analysis helps you see the market more clearly and align your trades with the bigger picture. Here’s how to break it down: 🔹 What is MTF Analysis? It’s the process of analyzing a chart using different time frames to understand market direction and behavior more clearly. 👉 Example: You spot a...

13:17

GonzooTrading

In today’s update, I go over the general outlook on the indexes, focusing on SPY, Nasdaq, and Dow Jones — all still moving in bullish confluence. Even after three distribution days, there’s been no major downside move, but we are seeing drying volume, so caution is key. I also break down some of my current trades: A few aren't performing as expected, and that’s...

GonzooTrading

This was a slightly risky trade... But I managed risk carefully, kept it minimal, and the price finally hit my take-profit level, so I locked in those gains. ✅ A nice win! Now it’s all about staying focused and continuing to monitor the open trades. Stick to your plan. Manage risk. Let the market work for you.

GonzooTrading

Hello again, Just a quick update on the FNV trade idea I was watching. Today, the price broke out of a bullish flag following a breakout from a descending channel. Even though the volume isn’t very strong, I still believe this stock has solid growth potential. Unfortunately, I wasn’t able to enter the trade as my platform didn’t allow it at the time — so for...

GonzooTrading

Hi everyone, Just wanted to share a new trade I’ve taken on KGC. The stock recently reacted from the weekly 10 EMA, and on the daily timeframe, it formed a descending wedge followed by a breakout. After that, it created a bullish flag which also broke out — this time with volume behind the move. These are solid confluences, and that's why I believe KGC has...

GonzooTrading

Hi everyone, just a quick update on PAM — today the price hit my stop-loss, so the trade has been closed. Sometimes the market just doesn’t go our way, and that’s okay. Losses are part of the process. The most important thing is sticking to your strategy and letting the market play out. This one didn’t work out, but we move forward. Stay consistent, stay...

11:12

GonzooTrading

In this video, I break down market structure in a simple and easy-to-digest way, helping you understand how to identify whether the market is in an uptrend or downtrend. Recognizing market direction is a key skill for any trader, it allows you to trade in alignment with price action and make more confident, higher-probability decisions. ✅ If you're new to...

GonzooTrading

Hello everyone, Not much new to update today, the main highlight is that the market has broken down from the trendline. This is definitely something to take note of. However, today’s move came with relatively low volume, which suggests that while price dropped significantly, there wasn’t a lot of strength behind the move. This reminds us of a key principle in...

GonzooTrading

In today’s session, we saw an increase in volume without significant price movement. This could indicate underlying uncertainty or a potential shift in momentum. At the moment, price is still respecting a key trend line and several support levels. Until these are broken, it's too early to confirm whether the broader market is turning bearish. 🧠 I also want to...

14:48

GonzooTrading

Learn how to trade using price patterns! In this video, we cover continuation, reversal, and bi-directional patterns, including flags, wedges, triangles, and more. You'll see schematics, real chart examples, and learn how to combine them with confluence for better setups. #PriceAction #ChartPatterns #TechnicalAnalysis #TradingStrategy #ForexTrading #CryptoTrading

14:42

GonzooTrading

In this video, I break down the S&P 500, which continues its bullish trend after reacting strongly from a support area and key EMAs. Today’s continuation confirms strength in the overall market. I also go through a few losses I took today, which were mistakes on my part. When the general market is showing bullish momentum, looking for bearish setups isn’t ideal,...

GonzooTrading

Spotted a strong reaction on Shopify as price tapped a key support level and bounced impulsively to the upside, even leaving a gap, solid confluences that point toward potential continuation. What adds weight to this setup is that the price has reclaimed the 10 EMA, which typically signals momentum shifting back in favour of the bulls. That said, one concern...