When is it good to long & short the bitmex futures? My first trade on the bitmex futures was to hedge XBT in my account. I got caught out by a rapidly narrowing spread! So I made this chart -> This will show you when Bitmex futures are trading at a premium or discount to spot price (XBTUSD), and give you some idea of when to get in or out of the trade for...
The Judas swing term was named by ICT, he dubbed this swing concept and utilizes it upon the London Open. The idea is, the market makers will rally or sell price, normally just above or below the Asian session high or low (depending on institutional order flow bias) tricking buyers or sellers into the market to follow its direction. As the Judas swing high or low...
A few days ago i said i would make an educational analysis about that pattern i saw a few days, something i have seen many MANY times this year. Especially since May until September this year. What do we see here: After breakouts like we had a few days, where we see a squeeze up happen within 1 or 2 minutes, then we see a dump happen just as fast and usually...
Here is my top list of the most important inventions / advances humanity has ever made: 1. 300,000 to 1 million years ago: Human ancestors learn to use fire. This enables herbivores (which we still are today), to get more calories in and spend less time eating freeing more time for thinking and inventing (eating all day long is what is limiting gorilla's for...
Hello lads and ladies, I will be on a business trip in the next few days, which is why I will most likely not be able to upload the daily updates until Saturday. Nevertheless, I am leaving you with a way that I like analysing and basing on trades on smaller timeframes. Find a trend, look when the trend breaks, confirm it with indicators and then trade the...
Confirmation of FOMO Signals 1. Open position after Candle Close or new Candle Open 2. Make sure price is below Holy Trend Line (HTL) for SHORTing. 3. Trade with the trend (Downtrend). 4. Close/consolidation above HTL indicates possible trend reversal Result Total Profitable Trades in direction of the trend -> 7 Duration -> Less than 30 Days 5x Leverage 1....
As promised i would explain my view on why i assumed today's bear flag was NOT a Bart move. There is more to is than just these 2 moves, the bigger picture also plays a part, but i won't get into those details because it would make things too complicated. 1: The spread between high and low 2: A drop and quick move above the previous high 3: Difference in...
Just a example to show how gaps in the Volume Profile caused during fast falls or rises in price are filled at a later date. The gap between 4200 down to 3800 during the drop on 24th November was filled just over 24 hours later. The left window shows the volume profile prior to the drop and up to the bottom of the drop. The right window shows the volume profile...
Emotions... They are the reason why over 90% of traders fail. Emotions always get in the way. Technical analysis helps to measure the psychology of the market but its still very hard to trade using technical analysis without getting the emotions involved and even harder to automate trading using technical analysis. This is the biggest reasons why quants are...
It seems to me, based on the rules posted in the chart, we are in a clear bearish continuation descending triangle. Red Boar
Good morning, traders. It is Wednesday and CBOE Bitcoin futures expire today. Will this result in a jump of price? There is a strong narrative suggesting exactly that possibility as shorts continue to rise parabolically, quickly closing in their all time high and bringing with them a shorts-to-long ratio of 1.4251 currently. This ratio hasn't been seen since...
Good morning, traders. Hope y'all stayed safe during the move yesterday. There's a lot going on in this chart, but I wanted everyone to be aware of how we are watching price action play out. As I discussed in yesterday's chart, and then expounded upon during the morning's live stream, there would be an attempt to push through the descending resistance line...
Good morning, traders. Alts continue to push upward while Bitcoin moves sideways. A preview of things to come? Most likely. While a true alt season won't begin until Bitcoin finishes a true bull run, we should see good days for alts along the way at these points where we find Bitcoin consolidating/moving sideways. I realize there are people out there calling for...
Well good morning, traders. I hope you've been keeping up with me via Tradingview and our twice daily live streams. I don't normally make a lot of noise when I'm right, but I am going to take a moment here and say a few things. Many traders laughed when I said last night was not only possible, but becoming quite likely. I did a live stream not too long ago...
Good Friday morning, traders. We made it through the week and now, with the weekend upon us, absolutely anything is possible in this market. At this point, we still have the $7900 target from the IHS and price continues to hover around $7400/$7500. The TFs don't get overbought until the 4H, which means that there's room for price to break and run a bit. Speaking...
This is just an update to the original in which I adjusted the path at the end to compensate for the time that has passed since initially publishing the chart. The path remains just that -- a path, not a timeline.
Good morning, traders. It's Thursday and Bitcoin is moving as expected at this time. On last night's live stream I spoke about how we expected to see one more push upward toward $7700-$7800 to complete a possible subwave 5 of this Wave 3. Following through in such a way should give price the look of the previous pattern which occurred prior to the breach of the...
Good morning, traders. Yesterday proved to be very profitable for Bitcoin bulls, but what should we expect now? It seems that we still have some energy left in the bullish momentum as price hovers around $7400-$7500. Ultimately, we expect to see a retracement after that big move yesterday. The previous supply zone between $6750 and $6900 should contain extensive...