This is more of a long term yolo as GOLD continues to recover.
TAHO - Entry of January 2020 $7 strike call options.
Range of $0.01 - $0.05 (Entry at $0.02 average)
This has a huge potential to sky rocket as gold continues to recover into the 1300's and higher. TAHO is also right under the daily 200sma which is key resistance for more buyers to come flying in....
KRAKEN:ETHUSD has taken a beating, along with most (all) other cryptos. However, there is a possibility that we are going to see 100% gains from here - this sounds great, but considering how much ETH has fallen from all time highs almost a year ago, people who bought in back then shouldn't get too excited - there is a long way to go before you even break...
Congratulations to everyone who followed my trade. If you would had followed my previous trade, you should be enjoying around 40% profit.
As I wrote before, it's time to analyse the market again and start looking for a new trade.
I have drawn a Bull Flag pattern, which is the most bullish scenario that can happen for NLG/BTC. If the bull flag pattern follows...
keeping it simple.
This is high risk reward.
Looks to be respecting this wedge, and has slight positive momentum.
They just released their game app a few months ago, and seem to be working with cartoon network.
and once earnings come in for the quarter with the new numbers, this may jump.
We have a daily squeeze, waiting for the pop, loading a small position...
Pure Technical Projection.
Symmetrical Triangle since Jan 9 2018. Close to vertice.
H&S since Jun 29 2017. Completed.
Bearish Bat since May 15 2018. Completed and already retrace 0.382.
Of course the counsequences of this breakout will be significants.
Earlier I posted about the formation of this symmetrical triangle. As of right now we are trading on the .236 and the edge of that triangle. Failure to support at this level will result in $6000 possibly $5300. I find this rather difficult to believe it will happen. This trend has been very strong. That mixed with the thin Ichi cloud approaching makes me lean...
Considering your risk is something that all investors and traders should do before trading or investing in any stock. Often when a stock displays this much risk on the long- and intermediate-term time frames, it also warns of risk for short-term trading as well. The Weekly Chart provides better perspective of the risk of buying the stock at this new all-time high...
Quick counter-trend attempt in EURAUD to hedge my short AUD positions as well. Shorted this pair with tight SL near last Friday's high and TP at -61.8 old fib level (but most likely will move my SL or manually close if price indeed drops as expected then suddenly start to show reversal at 0 fib level (yellow marker)....
Since the low point of around $6,750, BTC has started moving up and is producing an interesting Short-term buy opportunity.
It is likely not going to drop any more, at least in the short term.
For any cavalier investors that don't mind high-risk scenarios, this situation presents an interesting way of wading back into the water of a BTC long.
We will check...
The negative news will drag it down (give or take 40%). I think the news will be positive. My swing position will be no more than 1-2K.
Remember to set a target and take the profit when you swing or day trade.
As we all look to crush this financial opportunity in Cryptocurrency, it's always beneficial to open your mind to other strategies. In this post I'll show you my altcoin strategy for a coin with a smaller market cap (around $50M) which have the potential to give high % returns.
Firstly, we see that this coin has had a run to the 27th Nov and has retraced back to...
I bought GBPJPY the last week of August/ first week of September. I've been selling it all month, expecting it to hit 129.400 again (hoping price continues to fall past it as well, but well see).
68/69 trades have been closed in profit across two accounts. While taking profits on one account the other was left to run, so there are 7 active trades in drawdown,...