Peter Brandt is considered a market wizard. Yet, by his own admission his trades lose almost 60% of the time. That said, over the last 29 years Peter's average annual gain is 42%. How can that be????

“I view myself as simply the person who executes my trading plan. My job is to enter orders, to manage my order flow, to manage the risk I take on trades, and I’ll let the markets do what they do. I have no control over the markets.”

Ok, so how do we copy Peter’s strategy and follow in his footsteps to riches? Not so fast…

“Everybody has to find out what their sweet spot is, what approach to the market resonates with them and makes sense. Because I do believe that every successful trader will find his or her own path to trading. No two successful Traders that I’ve known (and I’ve known a lot over the course of my career) trade markets the same way. They each find their own way.”

Don’t be discouraged. While Peter says no two Traders trade alike (hint: there is no holy grail), he has observed several common traits in all successful Traders he’s come across that can be learned and internalized by anyone in their journey of self-discovery.

"Human emotions are the biggest enemy a trader faces. This is one reason I am so critical of the self-proclaim “geniuses” who peddle trade identification and win rates as the pinnacle of trading achievement. Unfortunately, there are no easy answers to this dilemma – and each discretionary trader must find ways to win individual battles within the larger war against self. I am not even sure that the specific “peace treaties” I have negotiated over the years with my inner enemies are the best solutions for all other traders."

Over time which of the two is outside the other varies from stock to stock or at differing points in a stock or ETF movement. One thing that seems universal is that an excess in price above or below both bands is time to look for entry or exit points. Or at the least consolidation. The faster the time frame the faster one must act. It is a vital part of my 5minute intraday signal chart for scalping.
I use them in all time frames. As in any TA one looks for confirmations from indicators, ma's and ema's, money and volume to not enter too early or hold too long.

Here is a free 2 month daily chart anyone can view by clicking on the link.
What I think is notable. It is the kchannel midline creating resistance much more than the 20day/bbmidline.
The 4 sma has been support since the April rise. Which one will give up next week?

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=2&dy=0&id=p01337301306

Howdy BooDog. You are welcome anytime. Hope all has gone well for you also.
I am still scalping ETF's intraday of which UVXY is one, for my bread and butter. Wish TVXY was still trading as I like pairs. Sell one side, buy the other. LABD/LABU, JNUG/JDST are favorites.

Still use same primary 5minute chart for signals seeking excesses for low entries to high for profits.
Gotta have stockcharts account to view.

https://stockcharts.com/h-sc/ui?s=LABD&p=5&yr=0&mn=0&dy=3&id=p89820435051

AVXL is my current bio. Also watching/trading JOBY and the eVTOL sector, some miners and one lotto play.

Best Wishes.

Agree on that. I watch both other companies as well.

Waiting to see if the recent 4.50 low on the daily holds. If not, then will check out the weekly chart more closely to start zeroing in on add points.

Hey old friend. Together in another one it looks like. Hope life has treated you well.
Green Trades.

Long term bullish I still am.

https://finance.yahoo.com/news/joby-reports-first-quarter-2024-200500283

What I find particularly interesting is that if todays daily candle closes as a doji that will make 9 in 10 trading days of some type of doji candlestick. Never seen that before. Talk about major indecision. Will it be a hammer candle or something else? Hmm.

Yes, definitely depending on brain function. LOL

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=3&dy=0&id=p34118687090

Thanks. Great info.
Other than trading a few excess lows to excess highs by the charts over the last 2 years, I haven't paid much attention other than to when trial completions are expected. IMO, the charts have done decently well to anticipate both good and bad news.

For me, I at least don't have to see red in my account from AVXL nor sit on dead money. At my age I don't buy green bananas any more. If I put all AVXL profits back to work in AVXL I will have more shares than if I had held throughout with my 2015 pre-split shares. Just the way it has turned out.

Wish everyone a Green future here.

MJFF shows 2020 as the last PD funding extended to AVXL. Is there anything other than hope (something AVXL is targeting) that suggests MJFF will/could give additional funding. According to the $74million given out through 76 grants in Sept 2023 AVXL was not given a grant.

https://www.michaeljfox.org/news/what-we-fund-741m-toward-research-powerhouse-cell-its-role-pd-and-much-more

Interesting the relationship of daily AVXL to XBI before and after the AVXL smack down.

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p02950510298&a=1555586606

Yes, it is. It is flattening though which lessens the resistance. That is on the daily.
On a monthly the uptrend line from 2015 is hanging on. That said, price is likely not going past 4.35-4.40ish until it can be made support. Price will be sideways or down on the monthly until that occurs.
https://stockcharts.com/h-sc/ui?s=AVXL&p=M&yr=12&mn=0&dy=0&id=p68942463223&a=1593859224

From the weekly perspective things look like this. Must have stockcharts account to view full charts or will default to free set ups only. On the weekly the 8ema is resistance last 4 months.

https://stockcharts.com/h-sc/ui?s=AVXL&p=W&yr=2&mn=0&dy=0&id=p47540540582

First order of business IMO is confirming the midlines as support, which on the daily hasn't happened in 5 months. Until that happens any higher targets are just wishful thinking and continued resistance. Kchannel midline is currently 3.92 and bb midline is 3.90.That is what I will be watching M, T and W next week.
Any good news. Well even though 5 of the last 6 candles are positive in price each one is a doji, so AVXL is at a strong resistance with 5 indecision candles. Also why M,T, W next week are important. Gotta get another higher high and higher low as well.

Green Trades

A daily for those with paid stockcharts accounts.
https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p50983949093

Still all in. Just waiting for some announced progress.

Hi Tom. Always happy when you post. Hope life is treating you well in every way, especially health.

PS: for now 3.25 is at least a temporary bottom. See how long it lasts. Watching 3 money indicators to see when the negative flow begins to reverse. Also lots of resistance fro $4-5. Weekly view. Daily looks to be improving though.

Here is the monthly I have been watching. The wedge got obliterated. Indicators hold a negative view of holding the long term uptrend line. First 3 days next week are critical. I would have had a bit of optimism if Fridays red candle had a decent tail on it. Possible up if good news trumps the negative chart.
Stockcharts account needed to view complete chart from link. Otherwise you will just see the free chart.

https://stockcharts.com/h-sc/ui?s=AVXL&p=M&yr=12&mn=0&dy=0&id=p74367434269&a=1593859224

Don't know why the one this is linked to is acting weird.
I am posting this one in hopes it is better.

Utube video of EGYF presentation Yesterday. 18th.

If 3.60 that was tested today fails and becomes resistance then entire zone down to 2.76 red line is in play.
If for whatever reason 2.76 fails then anything down to 2.20 is in play.
Just got to see step by step day by this goes.
OldMystics monthly is awesome.
This I have taken my numbers from is a weekly. Need a paid stockcharts account to view. Sorry for that

https://stockcharts.com/h-sc/ui?s=AVXL&p=W&yr=5&mn=0&dy=0&id=p04022899542&a=1660105214

Couldn't get a screenshot to post from my desktop. I stopped being able to when they changed the format about 3 or 4 weeks ago. Too old and lazy to chase it down. Haha

Haha.
My guess is someone went fishing for cheap shares and that was all they could get. Likely that small lots of cheap shares can be picked up by anyone wanting them until "shell risk" label is removed. That or price possibly could rise if enough bigger $$ wants shares trying to get in before the label removal. We shall see.

Yesterdays presentation validates your statement in your post, IMO.
There is very clearly a road map and direction now that wasn't clear in the past. The course put forth is one that is achievable IMO.
100% agree. Build it and it will be reflected in price.

I should have also said, that is how I read between the lines and the tea leaves. All IMO only.
That all said. I am still bullish on EGYF potential.

I am not ready to declare unrecoverable.
Broken in the sense that there is nothing to gauge where a bottom might be.
Broken in the sense that it is going to take a lot of glue to repair price.
Broken in the sense that there is no TA that will get it back to even the bottom of the gap area.
In the last 5 months nothing has gotten price above the down trending midline while lower bands continue getting pushed downward.
Major news is needed. Until that happens price is broken and in pieces. It will require fundamentals leading the way.
This is just my opinion. Positive news trumps charts and disappointment. Sure would like to see some come our way.

Is broken too strong of a descriptor to place on AVXL?

Anyone who listened to the presentation knows 2 things IMO.
Keith has skin in the game and has also contributed a potentially disruptive concept to pair with MZ's cutting edge technology.
2nd. Keith is basically running the show now with MZ as a technical advisor, likely with yes or no approval power due to his shares.

I don't know about print. If you click on this link and go to Energy Finders presenter Keith Pivonski you can hear the entire presentation.

https://nai500.com/events/gcff-virtual-conference-2024-green-energy-precious-metals-conference/

Samo, samo. About to set another 4 year closing low. Need substance. Nice to do presentations, however they no longer move the needle or support price.

Here is a link to there upcoming April 18th presentation.

https://nai500.com/events/gcff-virtual-conference-2024-green-energy-precious-metals-conference/

Nice. You beat me again. Was too busy scalping ETF's today.

Yep, I am still wearing green bull horns. Have no idea other than guessing/hoping on the time frame.

New all most 4 year lower lows as downward continues. Weekly chart doesn't give any signs this can't continue. Only news can trump what is happening.

Weekly https://stockcharts.com/h-sc/ui?s=AVXL&p=W&yr=5&mn=0&dy=0&id=p12046728087

Daily. https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p32880584314

Sorry to hear that. Agreed, anything can happen in the OTC realm on any give day.
That is why the #1 rule is don't invest/buy more than we can afford to lose.

Good Luck to us and all here in EGYF.

Yep, just sitting tight and waiting along with everyone else holding shares.

Rejection again at the daily midlines. Down channel samo, samo. with lower highs. If general market action and XBI continue on their current direction then AVXL will be setting a lower low and all time low. Market is definite detriment to AVXL price in this period of no solid news.

Potential bottoming action. Testing the daily bb and kchannel midlines again. Can it create support this time? Only the shadow knows.
Price is also close to testing the upper down channel trend line.
Note the quantity and quality of overhead resistance even if the down trend line is broken. Need some news, not just chart movement.

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p47856182655&a=1637906248[

4 year low for AVXL. Down channel on the daily continues. Weekly chart has room for more down as does the daily channel.
This action will not be halted by a chart. IMO, it is an issue of company fundamentals.
Sure the daily upper channel down trend line could be tested, but what is going to actually reverse the trend? Positive news of a fundamental nature will be required. JMO.

Hopefully you have been able to sell some rips and buy some dips to reduce or eliminate your risk.
One has little to no stress when the risk price is so far below the buy in price that even BK is not scary when compared to the actual investment.
Riding "free" is a great relaxer, while giving the needed time for bio approvals.

Green Trades.

Yep, your and my daily agree. Fancy that. 🤔

Green Trades.

By my count, the AVXL bb midline (20SMA) has been tested at least 14 times and rejected since end of January 2024.
If the potential double bottom, fails with confirmation then things could get really ugly without strong news.
Since the gap down, the down channel has been unrelenting.
Fingers crossed and rabbits foot out that this recent 5 candle formation is a bottom.

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p47856182655&a=1637906248

Green Trades.

A clarification post. Obviously I mark the bullish feature here on EGYF regularly. I am not using that as a buy now, jump in pumping type of announcement.
Everyone who buys needs to do their own DD, purchase when they think the timing is right to accomplish their investing/trading goals. I click on that as a signal to pay attention, keep track of the progress, get up to speed on the happenings kind of focus. Yes, I like the odds of making a profit over the long term or I wouldn't be here. However, I don't think anyone should invest blindly in any investment or just because of something like a bullish mark. Buy or sell according to your own trading system and rules.

Green Trading Everyone.

You beat me to it this morning. 😎 Thanks for posting.
I like that the steps are beginning to increase in frequency. Would love to see that continue.