I'm back!
I wasn't around for a while, but my legacy was. Bitcoin behaved on the patterns I mentioned in my last idea.
The price got support on the dynamic and static support levels and pushed back up.
Now it's a good time for a bit of an update:
Look at the RSI, indicating in a normal range, not oversold or overbought.
Meaning the price has more room to go...
hello dear traders,
Here are some educational chart patterns that you must know in 2022 and 2025.
I hope you find this information educational and informative.
We are new here so we ask you to support our views with your likes and comments,
Feel free to ask any questions in the comments, and we'll try to answer them all, folks.
When the market is booming, it can...
Preliminary thoughts leading into next week.
I will do an official weekly post with the true probabilities/analysis over the weekend. But just wanted to share what I am seeing because the chart seems semi-clear at this point *knock on wood*.
Let me know your questions/comments and safe trades ahead!
Today, we will offer you several possible trades on the BTCUSDT pair, and it's up to you to decide whether they are worthy of your attention or not.
Today, the expiration date for Options & Futures on a number of financial markets.
Expiration is bound to cause increased volatility, as it is a mandatory one-step settlement of previously concluded contracts....
Bias: Bearish Chop
Top Watches: Tune in to my Live Stream @9:50 EST for my list of top stock watches
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Hello everyone! In this post we will present and explain our trading system.
Our trading system condensates everything we have learned from hard work, study and even harder lessons received in these years of trading. It is constantly evolving and updating, we are always ready to question some aspects of our system and research tools and strategies that can improve...
🟩STOP LOSS IS:A stop-loss order is an order that automatically closes a losing position once the price hits the pre-specified level.
We usually calculate SL in pips, but there can be many ways to set it. It can be time based, percentage based or volatility based. For some investors SL is some piece of critical news, which alters their perception of the value of...
Welcome to the first Trade Off episode of 2023! A lot to catch up in all the moving markets but luckily, Westy and Blake have you covered! Expect a wide-ranging discussion from big macro themes, to spicy setups and actionable trade ideas. See you there!
I continue to be fascinated by the fact that small caps once retraced their entire post-Covid move. What I mean is, the Russell 2000, which is 2,000 companies that are identified as small cap stocks, had such a terrible year in 2022 that they went BELOW were they were before Covid was ever a thing.
But why is this interesting?
Because roughly $5 trillion was...
“Leverage” means using a small amount of your own money in order to control a much larger amount of money. Typically, you borrow the remaining amount through your broker.
For example, say you want to control a $50,000 position. Your broker might put aside $500 of your own money and borrow the remainder. You now have control over the $50,000 with just $500...
XOM appears to be topping here at the long and shorter term Fibonacci cluster shown on the chart.
The long 1:1 trend based Fibonacci extension is taken from the 3 major pivots from the bottom that defines the approximate topping area. I have been looking at this area for some time see linked thread .
Shorter term there are two 2 point reverse Fibonacci...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
CME: Pork Cutout ( CME:PRK1! ), CBOT: Corn ( CBOT:ZC1! ), Soybean Meal ( CBOT:ZM1! )
Diversification is a fundamental concept in investing. In order to minimize the chances that market volatility wipes out your entire net worth, it is important to put your money in several investments with different levels of risk and potential return. This is summarized nicely in...
Recently, Bitcoin broke above the narrow range we showed in previous articles. Subsequently, it gained bullish momentum, rising to $21 456. Interestingly, the cryptocurrency paused its climb slightly below the resistance at $21 473. If Bitcoin breaks above this level, it will further bolster the bullish case in the short term. However, the inability to break above...
Greetings Dear Investors and Traders, today CryptoQueens, an educational post regarding the so-called Psychology of a Market Cycle.
When making investment decisions, investors have a wide variety of tools at their disposal. While these tools can form the basis of a sound investment thesis, their effectiveness is limited by one’s emotions. Allowing emotions to...
A new trader, let's call her Sarah, has just started trading in the crypto market. She has been reading articles and watching videos about trading, but hasn't taken the time to develop a solid trading plan, or to gain a good understanding of the markets and underlying assets she is trading.
Sarah sees bitcoin's value is going up, she doesn't do any further...
I decided to see what all the fuss about prop trading firms were.
I never really got caught up in the crypto craze.
I bought a few meme coins and had some fun learning to trade with 5x margin.
But it wasn't good enough. I wanted to experience what the real money traders were gaming.
Futures!
Instead of losing tens of thousands in real money, I decided to...
