Patience is key, right now waiting for good confirmation if price will hold or get back inside the up-trend channel! For my own pleasure, i would like to see scenario A happening!
What do you think? leave your opinion in the comments!
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*DISCLAIMER: NOT FINANCIAL ADVISE BUT WHAT WORKS FOR ME*
This post is to highlight though we are in a bearish market there are still good opportunities to make great gains if you're prepared and patient. I rarely make intra-day trades when gains are far greater if you can weed out the chop and stay focused on the bigger picture. I.E. in the last 30 days I've been...
STRATEGY: Chart Patter/S&R Strategy (Ascending and Descending Channel)
Focus TF: 4H
TP Target: 2.04R
ET: 1H - Abandoned Baby; Bullish Engulfing
AOV: Ascending and Descending Channels' Support Zone (Confluence)
1D Analysis:
Long Term - Price moving inside a large Ascending Channel.
Short Term - Inside Ascending Channel, there's a Descending Channel and the...
If you're not looking at Bitcoin logarithmically, then you're not seeing the long-term price trajectory. Remember, fiat currency is now moving into hyper-devaluation, so it's more prudent than ever to hold onto something that isn't chipped away at by banks or other greedy hands. crypto and precious metals are the only two things left, and you should own both. (not...
Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
I am anticipating on seeing USDJPY creating a second shoulder and before making its way to the upside to create a new high on the 4 hours time frame which is a retracement back to the swing point to create a new Lower High .
Hi all, @FollowMyForex here with a new trade signal that just triggered.
After patiently waiting for almost exactly a month, we have a new trade setup. That's right, our last trade was exactly 1 month ago! How many people can say that they have the patience and trust in their system to sit out a month of no trades before waiting for the perfect next setup?! We...
Hello Successful Traders,
The prevalent push towards the upside (bullish) has begun to manifest intriguing (potential trend transfer) analytics for the days (and weeks) to come.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Analytical and Educational Purposes Only.
- LionGate
Hello Successful traders,
Considering the prevalent uptick in PA (Price Action) within the 1 hour interval (and in-ward), a probable correction may be imminent.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Educational and Analytical Purposes Only.
-LionGate
BAC pushing up into zone. Looking to follow this one this week and see if we get rejected. FEDs will be a catalyst. Might wait til wed after announcement unless solid tell is present. Love the options chains and liquidity on this stock!
Hello Success Traders,
The currency pair (USDJPY) is manifesting the formation of a "cup and handle" formation. Considering the prevalent uproar (bullish) in PA (Price Action), a probable correction with the next few days, to then a significant spurge into bullish territory to re-contest previous relative highs. (Long Term Bullish, Relative Short).
Be Diligent...
Hello Successful Traders,
Considering the current uproar in PA (Price Action), an imminent correction may take place within the next few hours.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Analytical and Educational Purposes Only
-LionGate
GC still holding the trendline pretty well with a "zone" to match. Could be an easy entry. Loking for this to rise maybe overnight up into the trendline/zone with a drop to follow. Could see good prices on PUTs if this happens and catch it off the rise. Any positions held nust be patient. Trend is your friend "until the end"
