BTCUSD: POSSIBLE Shakeout to 2-Day B-Band Yellow Basis
Hi Everyone! Looks like we have a POSSIBLE "shakeout" to the Yellow B-Band BASIS in the 2-Day Time Frame before potentially resuming upward pressure still visible in the higher time frames (9-Day, 12-Day and 2-Week). However, the current 2-Day candle still has approximately 30 hours remaining before closing. It appears we have a decent chance of the price action remaining around the White UPPER B-Band in the 2-Day TF before potentially falling to the Yellow B-Band BASIS in the 2-Day (Shakeout) before resuming upward pressure. I will follow up with screenshots after I finish cooking and eating some deep fried chicken thighs with rice and a couple of vegetables.
Happy Trading!
Stay Awesome!
PS - Publications for other pairs will be provided later after eating...
Happy Trading!
Stay Awesome!
PS - Publications for other pairs will be provided later after eating...
Comment:
UPDATE:
I actually received the following personal message:
"lol What should I do? no joking. I just heard your anlaysis and laughed."
The following is PRECISELY why I REFUSE to give ANY advice as to what people should do with THERE money.
How the hell am I supposed to know what price someone potentially "accumulated" to offer advice what they should do based on what I provided in my video?
How the hell am I supposed to know what price someone may have opened a long position or a short position?
If a short position was opened, then at what price and how much leverage? etc... I need to know things like this to determine if one should consider taking profit if the indicators within a certain time frame were to do this or that.
If a long position was opened, then at what price was it opened and how much leverage? etc... I need to know things like this to determine if one should consider taking profit or accept a loss to minimize potential loss and wait for a better situation and/or premium signal before potentially opening a long position.
That's only a few of many questions I would have for my followers If I was actually providing signals for MULTIPLE situations. Not everyone can day trade... Not everyone is margin trading... Many are only swing trading using Mid Term Group of Time Frames... etc... etc...
HOW THE HELL am I supposed to read someone's mind and KNOW their situation?
This is WHY I absolutely REFUSE to give trading advice in public or private messages at present. I simply tell you what is possible based on what I'm seeing at the time and LET YOU DECIDE WHAT TO DO BASED ON YOUR SITUATION; whether you are margin short, margin long, accumulated around $18K, accumulated around $16K, accumulated around $14k, etc... etc...
There are certain things I cannot elaborate on to avoid getting banned. I assure you, things would be much different if something else was running. But I cannot elaborate on it.
BOTTOM LINE: I do NOT have the time to provide advice on when to buy, sell, hold, open or close a position, etc... If I were to do that, I would NEVER get what I need to get done up and running. Things will be different when I get certain projects done. Until then, please do not send private or public messages asking me what you should do and sure as hell do not send me a message like the example I provided which appears to be mocking me. They just lost their access to my indicators unless they can explain how they were not mocking me.
I actually received the following personal message:
"lol What should I do? no joking. I just heard your anlaysis and laughed."
The following is PRECISELY why I REFUSE to give ANY advice as to what people should do with THERE money.
How the hell am I supposed to know what price someone potentially "accumulated" to offer advice what they should do based on what I provided in my video?
How the hell am I supposed to know what price someone may have opened a long position or a short position?
If a short position was opened, then at what price and how much leverage? etc... I need to know things like this to determine if one should consider taking profit if the indicators within a certain time frame were to do this or that.
If a long position was opened, then at what price was it opened and how much leverage? etc... I need to know things like this to determine if one should consider taking profit or accept a loss to minimize potential loss and wait for a better situation and/or premium signal before potentially opening a long position.
That's only a few of many questions I would have for my followers If I was actually providing signals for MULTIPLE situations. Not everyone can day trade... Not everyone is margin trading... Many are only swing trading using Mid Term Group of Time Frames... etc... etc...
HOW THE HELL am I supposed to read someone's mind and KNOW their situation?
This is WHY I absolutely REFUSE to give trading advice in public or private messages at present. I simply tell you what is possible based on what I'm seeing at the time and LET YOU DECIDE WHAT TO DO BASED ON YOUR SITUATION; whether you are margin short, margin long, accumulated around $18K, accumulated around $16K, accumulated around $14k, etc... etc...
There are certain things I cannot elaborate on to avoid getting banned. I assure you, things would be much different if something else was running. But I cannot elaborate on it.
BOTTOM LINE: I do NOT have the time to provide advice on when to buy, sell, hold, open or close a position, etc... If I were to do that, I would NEVER get what I need to get done up and running. Things will be different when I get certain projects done. Until then, please do not send private or public messages asking me what you should do and sure as hell do not send me a message like the example I provided which appears to be mocking me. They just lost their access to my indicators unless they can explain how they were not mocking me.
Comment:
UPDATE:
Also, there are certain things I'm holding back for another platform because I worked my ass off for thousands of hours to CREATE this method. I'm sorry if others may think I'm selfish for holding back but it has to be this way. I'm kind of in a catch 22 at present because we are currently in a situation in which those things can be used. However if I begin to elaborate, I'm giving away what I worked so hard to create. Also, it depends on YOUR particular situation. I don't know how you're trading, where you bought or may have sold. I don't know where you opened a long or short position, what amount? what leverage? etc... etc...
I cannot elaborate in the detail I wish in order to avoid getting banned... I wish I could but I can't.
Simply respect my desire to hold off until a later date to provide details when in a similar situation again on another platform.
Also, there are certain things I'm holding back for another platform because I worked my ass off for thousands of hours to CREATE this method. I'm sorry if others may think I'm selfish for holding back but it has to be this way. I'm kind of in a catch 22 at present because we are currently in a situation in which those things can be used. However if I begin to elaborate, I'm giving away what I worked so hard to create. Also, it depends on YOUR particular situation. I don't know how you're trading, where you bought or may have sold. I don't know where you opened a long or short position, what amount? what leverage? etc... etc...
I cannot elaborate in the detail I wish in order to avoid getting banned... I wish I could but I can't.
Simply respect my desire to hold off until a later date to provide details when in a similar situation again on another platform.
Comment:
REMOVED MY REFERRAL LINK... I"M SICK OF PEOPLE THINKING I "OWE" THEM KNOWLEDGE FOR USING MY REFERRAL LINK...
Comment:
I put it back after clearing up misunderstanding and considering opinions of others to put it back. TradingView has come a long way since I began my journey here six years ago. I'll continue to promote their product here and on other platforms in the future.
Keep up the great work, TradingView Support, Management and Product Development Team!
Stay Awesome!
David
Keep up the great work, TradingView Support, Management and Product Development Team!
Stay Awesome!
David
Comment:
UPDATE:
Stress was building up when talking to an individual earlier. There were previous messages stressful to me... People wanting help out of a desperate situation, etc... If I were to help everyone that came along, I would not get anything done on account of investing all of my valuable time I desperately need to spend on other important goals and projects. I allowed the stress others were going through from terrible decisions to weigh on me after turning them away.
When the last individual mentioned they had used my referral link in one sentence and the next sentence referring to me answering any questions they may have later; I allowed myself to draw a negative conclusion about that individual. I should not have done that... After further discussion with them, I believe they had good intentions and did not assume to think I "owed" them my personal time in addition to the time I provide sharing opinion and knowledge in my publications.
I should look for the best intentions in people instead of assuming the worst. I can see now how I drew this negative conclusion with this individual after turning away others who allowed themselves to get in a pickle because of bad decisions. I offered my sincere apologies for drawing that negative conclusion and we have made amends.
I admit, I'm a bit stressed at the moment KNOWING what remains for me to do in my projects and goals. I've had a huge increase in following and positive feedback lately. I try to read every comment posted in my publications. I also try to reply to every comment posted in my publications to express my appreciation for their compliment and support. The reason I'm a bit stressed is because I cannot possibly express my appreciation to everyone commenting while also getting my projects completed in an efficient and timely manner.
Please understand, I most certainly enjoy reading comments. Those who take the time to show their appreciation provides MOTIVATION FUEL (so to speak) to get my projects completed in an efficient and timely manner. However, I still feel obligated to share my appreciation for investing their valuable time with my content and expressing their own appreciation and support with positive comments.
So, those of you reading this comment; please understand I may have to refrain responding to replies in the future in order to achieve important goals and projects in an efficient and timely manner. Please do not assume I do not appreciate you or think less of you in the future if I do not reply to a comment.
I love and appreciate each and every one of you!
Stay Awesome!
David
Stress was building up when talking to an individual earlier. There were previous messages stressful to me... People wanting help out of a desperate situation, etc... If I were to help everyone that came along, I would not get anything done on account of investing all of my valuable time I desperately need to spend on other important goals and projects. I allowed the stress others were going through from terrible decisions to weigh on me after turning them away.
When the last individual mentioned they had used my referral link in one sentence and the next sentence referring to me answering any questions they may have later; I allowed myself to draw a negative conclusion about that individual. I should not have done that... After further discussion with them, I believe they had good intentions and did not assume to think I "owed" them my personal time in addition to the time I provide sharing opinion and knowledge in my publications.
I should look for the best intentions in people instead of assuming the worst. I can see now how I drew this negative conclusion with this individual after turning away others who allowed themselves to get in a pickle because of bad decisions. I offered my sincere apologies for drawing that negative conclusion and we have made amends.
I admit, I'm a bit stressed at the moment KNOWING what remains for me to do in my projects and goals. I've had a huge increase in following and positive feedback lately. I try to read every comment posted in my publications. I also try to reply to every comment posted in my publications to express my appreciation for their compliment and support. The reason I'm a bit stressed is because I cannot possibly express my appreciation to everyone commenting while also getting my projects completed in an efficient and timely manner.
Please understand, I most certainly enjoy reading comments. Those who take the time to show their appreciation provides MOTIVATION FUEL (so to speak) to get my projects completed in an efficient and timely manner. However, I still feel obligated to share my appreciation for investing their valuable time with my content and expressing their own appreciation and support with positive comments.
So, those of you reading this comment; please understand I may have to refrain responding to replies in the future in order to achieve important goals and projects in an efficient and timely manner. Please do not assume I do not appreciate you or think less of you in the future if I do not reply to a comment.
I love and appreciate each and every one of you!
Stay Awesome!
David
Comment:
UPDATE:
New Developments brewing... Will begin work on another video shortly. This may take approximately 30 to 40 minutes before posting the update. My pot of coffee is almost done brewing. Then I'll get started on the update.
New Developments brewing... Will begin work on another video shortly. This may take approximately 30 to 40 minutes before posting the update. My pot of coffee is almost done brewing. Then I'll get started on the update.
BTCUSD: I'm Currently Leaning Toward the Yellow Scenario