The road higher is a slow grind now, with quick bursts every so often usually a result of short interest getting rekt at critical times. DCA is your friend...if you're not a genius that knows exactly where price will be ahead of time. If you want to get better at it, brush up on Math and Technical Analysis. I myself have much learning to do, going to be reading a...
Due to technical difficulties, I wasn't able to post Tuesday Recap, so I merged Tue and Wed together.
Oh boy, this week started on a good note and turned into frustration and below-average results... I'm still up, but based on my statistics, I'd expect to be much better off after 8 trades since Monday. This is the real challenge with Datrading, not...
First trading day of the week for me (didn't have any trades yesterday) and feeling on the track again! AAPL really did it for me today.
Just Two Trades:
1) NYSE:OXY SHORT @11.58, turned to be a fake break and immediately reversed so fast I got a nasty slippage. -1.25%
2) NASDAQ:AAPL LONG @268.46, in this one everything just clicked and I ran it...
AUDJPY Update. Closed two of my three positions around the 73.2 level for about 100 pips a piece . We have prominent bear price action on Daily so I am expecting continuation to downside or quick correction. Targets set at 71 level.
As you guys can see in my chart we are currently seeing an ABC pattern on the daily time frame. Okay, I do know and fully understand gold is pushing up currently and that is why 86-88 are key levels to break in order to turn this into Bullish and ride all the way back to the 1500s. Long term I'm thinking Bullish and Short term I see Bearish going back to the low 1470s.
If we keep getting lower highs and neutral lows , It is likely/plausible that we might develop a bullish bias
as long as we hold the 6k support line , its looking good gents
if the 6k support line is broken we should continue a bearish bias/trend for a few more months more unfortunately
Im bias short on ETH currently.
Average volume is currently going down while price is slowing grinding up..
As you can see this trend has been proven to be bearish for the last couple of months.
In long term im very bullish on ETH.. If you are a long term investor ethereum at these levels are still a decent buy.
Short term (next 2 weeks) i expect a move that...
Bitcoin BTCUSD Thursday Morning
Stopped out of the long for 9 point loss overnight at 8172.
Bitcoin is now trading at 8171 after a high at 8282 on Bitstamp.
It's left quite a big rejection spike off the upper rising parallel
of the continuation pattern it's been hammering out since
yesterday's lows - it's just breaking the first litttle dynamic
here as this...
Last Update 01:20gmt/20:20est
Bitcoin is continuing to grind higher, still contrained by the
parallel above it.It's double topping in the near term - has to
find buyers enough to push above the high at 11490 on
Coinbase feed but will likely still get rejected by the parallel
above it even it can push higher now - but grinding upwards