BTCUSD Bullish BAT: Time to BUY?As discribed in the video the CD leg of a really nice looking Bullish BAT is forming up on BTCUSD.
Entry looks to be around the 78.6 level ($7246) which is very close to Monthly S1 ($6939) to give us a reason to think this is a good place for price to turn around. If you were to get long there your stop should be under X ($6004).
As D has not formed up yet I will post an update on entry & stop as price gets to there.
Bat
SPKUSD BAT pattern: Trade management updateBAT is doin its thing, B C leg has been reached and now we move stop to Break Even and watch as (fingers crossed) price continues to move higher to other price targets.
USDJPY Building A Better Case for Entry (J_Graystone Follow Up)Yesterday my trading partner Jason Graystone shared a potential buying opportunity on the USDJPY. Today what I wanted to do is revisit that idea and talk about how we can go about building a better case for entry or at least provide different options so that traders of different styles can get involved as well.
Akil
Auropharma- Magical Ladder 662 -684 -669 & Next Bullish BatAuropharma - 9th Jan2018
Note - Time to move through watchlist stocks depends on lot of factors like internet speed & others. Ideally it takes 1-2 mins which can be extended as well but amazing feature to check the stocks in quick time.
Ladder - isn't this an amazing tool because we can use it to travel upside & same can be used to travel downside - what's a big deal in this, as everyone knows it but if we get such a ladder to move upside & travel downside safely in the market - that becomes a magical ladder.
A tool which is necessary but possesses an inherent level of injury risk even through basic use & this level of risk is even exacerbated with improper use.
Some of the ways how people get injured using a ladder ----
You aren't using a proper ladder or trying to reach too far from the ladder- extended ladders which can be dangerous. So, how can you reduce the level of risk is by having proper risk management.
As Analyst you could use Candlestick Patterns , Divergence, Indicators & others to have proper risk management.
Before we dip into current structure & pull up previous analysis. Let me just tell you some basics about TradingView platform - Watchlist - Can be used to check 50 stocks in 1- 2 mins - isn't that amazing & handy feature.
Hi All, Excited to come up with latest update on Auropharma -Magical Ladder 662 to 684 & Back to 669 - Next Bullish Bat -Are you ready - So, let us begin!
EURUSD - (NEW TV-Video Test Showing Potential Bullish Cypher)Hey traders wanted to show you a potential bullish cypher formation that is setting on on the $EURUSD. No long description needed this time since this is a video and I can talk to you guys, but please leave some comments about what you think of the video. I've been helping Tradingview beta test this new feature so I'm sure they would love to hear about the quality of audio, visual, etc. Thanks in advance and I wish you guys a successful week of trading!
Akil