Black FridayUp to 80% OFF

Profits

BTC - Still profiting (for how long?)* Remember to support with LIKE and FOLLOW me for more analysis * Our last trade gave us a profit of 10% in 6 days. That happens when the market makes its big moves, and the big secret here is to know when, and in what direction it’ll move. If you missed my last analysis check it here and FOLLOW me for daily updates. Last analysis: BTC is in a resistance zone, the best place for a pullback or to the price take a “rest” and move sideways for a while. Now, let’s look at the hourly chart for more clues about what’s next: See that pink line? It served as a support a support a few times, and if the price breakout that line, the pullback will be more intense. We are in a resistance zone, and it’s time to take our profits now, but I like the idea to maintain at least half of my position, and only sell it if the price loses that pink line. So, if you are still in BTC right now, be aware of that point. If you are out, just be patient and wait for a better sign. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
NDAQ - BULLSEYE!* Remember to support with LIKE and FOLLOW me for more analysis * NDAQ is performing very well, rising more than 5% since my last analysis. If you missed my call, you can check it here (and follow me to keep in touch, I do daily analysis): The daily chart shows us a harami/hammer pattern, just above the 21 ema, indicated to us that the bulls arrived at the party: The target for the daily chart is the green line, the optimal for a Head and Shoulders pattern. Now let’s see how strong the bulls can be. If you look at the hourly chart, the price met the target of the double bottom (Eve & Eve double bottom), demonstrated by the blue lines. So, it’s a nice place for a pullback, but if the bulls are strong enough, that may not happen at all. Nevertheless, I’m taking some profits now. Congratulations for those who did the trade, and if you are out, no worries, certainly more opportunities will come. Remember to FOLLOW me and LIKE this idea if it helped you. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
NASDAQ:NDAQ
by Nathan_The_Finance_Hydra
BTC - Taking profits: Good money comes easy.Ok, so BTCUSD did what was expected, and is giving to us a nice 10% profit in 6 days. If you missed my last call on BTC, you can check it here: The buy sign was given by that harami, officially triggered at April 22, close to 21 ema and the upward trendline (purple). The stop was set at a few cents under the harami’s low. The risk of this operation was about 2,5%, and no it is profiting 10%, a 4:1 risk/gain relationship. Not bad. Now, what should we do? We can consider BTC is in a resistance zone (green rectangle), so if you are uncomfortable, just take your profits and go enjoy life. Or you could just sell half of you position and keep the other half, just in case. Personally, I like to look at the hourly chart for more clues: Now, it is simple. If it drops bellow the pink line, then just sell and wait for another signal. We could even short, but be careful, because it is a bull trend. If you missed this trade and want to buy, just wait for a pullback. Look at the daily chart, if it goes to the blue line, near the 21 ema or the purple trendline, you can keep your eyes open. At the first bullish signal, buy it. Congratulations for those who did catch this trade. If you didn’t, just be patient, more opportunities will come for sure. Follow me for more analysis and keep in touch.
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
EU easy 800 pip short. Follow the chart & count your profits. New to Tradingview but veteran to Forex markets. Follow the charts and I will help spread the wealth. This is a common pattern that the MM love to produce on EURUSD. From this area, most long term level traders would be expecting almost a full retrace back to level 1. However, this will most certainly not get there as the recent stop hunt elucidates their true intentions. From here they will look to move price up to the 1.12642 area. I assume price won't reach this locus until some point after Tuesday because this slight move up will become the pin (trap) for the new monthly bar. The logic behind this slight ascension above recent resistance/fibs will be to stop out any weak shorts who are in correct position, while providing MM with new longs who will be trapped on the wrong side of the imminent descension. After they collected orders and displaced retail traders, price will drop like a rock down to the 1.0350 area. When price reaches the 1.0350 area it will drop even further. I will post a prediction for price flow when it reaches that level. Good luck all. Follow the prediction, stack your chips & don't be long. GoG
by GhostofGrails
24