Here is a quick update on BTC to help you understand how to deal with these drops, which can be tough mentally! Whenever you see a big drop, ZOOM OUT! As simple as it may seem, it works wonders. As we can see here, we have had several dips, this dip, although this one being aggressive, it is nothing we haven't been through before. When the panic sets in,...
Here is a quick update on ETH to help you understand how to deal with these drops, which can be tough mentally! Whenever you see a big drop, ZOOM OUT! As simple as it may seem, it works wonders. As we can see here, we have had several dips, this dip, although this one being aggressive, it is nothing we haven't been through before. When the panic sets in, ZOOM...
-- Warning -- Big post inbound! The most important piece I ever wrote. -- Warning -- Paradigm shifts may occur in reading this piece. Please know it comes from a sincere heart, and even if I am wrong - just know it comes from a place that deeply cares and loves you dear reader. This content has nothing to do with Technical Analysis or Fundamental Analysis ....
The movement in GBPUSD is very definite and long. The last buy opportunity was on Friday at 1.38, and we are now heading for 1.40 The level of 1.4000 is psychological. It has not been reached since April 2018. Usually these levels are a time when most buyers will reap the profits. This is a good time for those who have buy trades to close. And also, if we tend...
EURUSD bursted with a flame going up. But can it still sustain the momentum? Well if EURUSD decides to break low's I will be looking for a possible short entry. But if EURUSD decides to continue it's bullish move; I will sit back for a break and retest to enter.As of now we will have to sit and wait!!!!
USDJPY was very bearish last week and finished with a retracement. As of now, I am looking mainly for sells if given the opportunity; but if price action breaks the resistance I will be looking for buys.
Last was a strong bearish push for USDCAD, but ended with a retracement to previous resistance. As of now I am looking forward to jump into a short and ride USDCAD!!!
BTCUSD has put on a show finding new highs over the course of two days. What sparked this large move? Well, part of it can be accredited to Tesla announcing that they were buying $1.5 billion dollars worth of Bitcoin. Crypto is no stranger to the wonders of Elon Musk and this was likely a huge pull for a lot of investors. There is a lot that can be taken away from...
Double bottom followed by a bullish breakout of the neckline structure, came back to retest for a LONG entry towards previous high. Price are consolidating in a big triangle, which has an impulse bullish move to start off with.
Subject: Wall Street and regular retail investors facing a new paradigm of market Pump&Dump schemes on their playground for the first time. Disclaimer: This Article and any Attachments to this article (if any), are not a Financial Advice and should be treated with decent criticism and a common sense. The Author of this Article is not a Qualified Financial...
I really feel bad for all the newbies in here getting sucked into these scams. Really... there is so much misinformation out there hurting people's lives. I've been a trader for over 15 years and this is probably the biggest scam I have ever seen in my trading career. Do you guys really think you can manipulate the markets ? Think twice... big money wants you to...
Now that everyone looked up the definition of short squeeze "people are saying" there is a short squeeze coming in Silver! Is this a reliable indicator?
Hello Traders 🙋♂️ I wanted to go over a valuable lesson in market psychology that I have learned repeatedly in my own experience. This is not an 'end all be all' strategy , advice, or lesson but perhaps an idea that you can take and make it what you want in your trading analysis. Its really easy to theorize about markets and what they should do, wether its a...
Everything on the graph is very accurate. Look at the accompanying ideas to understand the whole trick, the scale of the number of participants and, of course, the genius of this game. When a player-operator plays with himself, it is physically impossible to lose, since the loss of either side will be a win for himself. Only the planned finish and the end of...
This is an example of trading ltf of a htf level. We can try and fail more than once, but the idea is keeping loses minimal when we're wrong, keeping our position on the right side, defining clear rules for pulling the trigger and let it flow on the right time. 1) the level is broken, first try. short from 24775. and the stop is 1hr close above the level. a...
Just wanted to pay your attention to a phenomenon called: Visual Perception in Psychology. Your brain is always looking for patterns, it craves patterns! So why use camouflage on your charts? When you are using multi-color candles/bars, you are decreasing your ability to detect patterns, it is just science. Your brain looking for patterns, one of the...
Some recent large volume has come in showing the interest from the buyers. A sharp move up compresses time for any sellers in this area which I believe will make them more probable to exit if they get the chance on a retrace into their entry areas. Trapped sellers are probably to become buyers. Recent buyers are probably to buy again. Identify large volume...
@Chartmojo shares the ShawnZ Bollinger Band Indicator with us many times a day, ShawnZ didn't invent Bollinger Bands, but they really seem to work... When Price crosses the standard deviation plot lines and then comes back they carry weight. Notice the 4 hour SELL signal, and last week was a "complex counter trend, corrective wave in Elliot". Wave 2 is a simple...