Yet again we can see the orders being stacked! Whales will eat this up when the pop comes, are you ready?
Good Morning traders! Yesterday was a slightly choppier trading day, with a UK bank holiday. However things picked up later in the day once NY opened. Looking at todays PA was have had great bullish momentum in the Asian session. We are in both a 15min and 1hr buying range. However orders haven't been protected for this momentum to continue. A deeper pullback...
Good morning traders! Yesterday was a choppy day for me in the FX markets and ETH continues to develop. I have zoomed in the PA to give you a better look. The yellow markers are highs and lows stacked together. To the average retail investor these show where price has turned and therefore and good spot to place a stoploss. However to the big whales they see...
Good morning traders! Hope your weekend was good and your weekend reviews gave you insight into your trading last week. Looking at todays PA I still think we need to wait for further development. The large bullish move Friday left lots of imbalance behind and many unprotected orders. On the Daily TF we have now broken the downtrend and have moved to a daily...
Good morning traders and welcome to a new week! ETH continues to follow the forecasts I outlined last week. We are deep in the daily range that was never mitigated and we can see orders being stacked in both directions. This only means 1 thing, a strong move is coming, stacked orders mean liquidity for whales to move orders, moving big orders makes big market...
Good Morning traders! Another week draws to a close! Yesterday was a stellar day in the markets for myself and other traders in our community! Looking towards todays PA, we can see the rejection from the daily range present (its still marked, because its still valid) Currently we have built bullish momentum through the Asian session. We new a bullish move was...
Good morning traders! Yesterday we had a reasonable selloff, this was spoken about in my prior forecast. I expect this momentum to continue for a few more days before we again pop higher (also as forecasted yesterday) The market never moves in a straight-line and pullbacks and shakeouts provide more liquidity for larger moves. Orders continue to be built in...
US30 is moving beautifully with Elliot Wave Theory so far this week. Here we see a correction after the W3 impulse then bottoming out to complete the W4 structure. Now we're starting to form a really nice sub wave within the last impulse wave on the higher time frame(W5). The sub wave (1) shot up then came down to create sub wave (2), which rejected the 61.8% fib...
Good morning traders! Yesterday was another action packed day in the markets with traders in our community taking full advantage of the opportunities available. Today will be no different: We are still in the daily selling range. Looking at the current PA we have pulled back right to the midpoint of the daily range which was never mitigated. We have created...
Good morning traders, Todays Crypto forecast is for ETH. Currently we are in a STRONG move up, this momentum will be sucking in new traders and new money each day. What does this mean? Looking at the current PA we can see a pullback is due and we are right in the target zone of a daily range which has yet to be mitigated. Currently I am expecting a pullback to...
Good morning traders! I trust your week has been good thus far, yesterday offered some great trades with members of our team getting involved. EURUSD is still in a daily selling range and we have now had a mitigation of the daily range marked up a for few forecasts ago. Looking at the lower TF we are in a 1hr sell range and 4hr buying range. Price is...
Good morning traders! The BTC forecast remains the same as yesterday-are we reaching the top of the current run up? Currently the signs are pointing to yes, we are decelerating into the back edge of the daily sell range. Do I expect a deep pullback-define deep? A pullback to the area marked with the yellow circle would mark be a pullback to discount on the...
Good morning traders! Eu continues to creep higher on the 1hr, even though we are still in a daily sell range. Looking ahead I see a logical spot for price to push too before resuming the downwards momentum. Drilling down to the lower timeframes we could get a lovely long trade with a sweep of the lows into demand and under the 1hr equilibrium. As always even...
Good morning traders! Todays forecast is very similar to yesterday. As we push closer to the edge money at the top of the daily range I expect a pullback, this pullback should be the catalyst for our next leg higher targeting the ATH we are also right around the psychological level of 50k. This is significant because media outlets will post about it, this could...
Hello traders! I hope you had an excellent weekend and learnt as much as you could from the week priors pa. Todays PA is clearly bullish on the 1hr and the 4hr, so longs will be targeted. The daily is still in a sell range and we have moved up within the possible mitigation of the recent PA however we aren't over the premium of the move. To the left we can see...
Hey guys! I thought I would start doing a second forecast using the same principles I use for EURUSD trading-as they apply to all markets! We are reaching a KEY area on the BTC daily chart, we are still contained within the daily sell range and are now reaching the back of the range that started the initial move, price has been rallying for some time without a...
What do you use your weekends for? The Forex markets are closed, but your mind shouldn't be. This time is best used reviewing and learning about the week before. Take this trade for example, it had it all-5min Buy range, Change of character, BOS, 1min buy range, pull back to the equilibrium, pull back to range impulsive move. This happened later Friday night my...
Good Morning traders! Todays forecast is fairly similar to yesterday, I will keep it short and sweet We are still contained in the 4hr and 1hr sell ranges-price has simple ranged the past 2 days. This means orders have been built in at current price so we should expect a move, when this will be, I can't say but I will be ready. Looking at the current PA, a...