Doing a full market rundown after the long weekend. Price Action based so gain or loss of level, swing fail pattern, etc. None of that Moving Average nonsense BTC, ETH, Alts DXY, NDX, SPX Stonks and Movers Chart Request and AMA as Always
Lately there has been an increase in hacking activities in crypto and Web3 related projects as whole, as hackers target smaller projects and platforms to siphon money out of vulnerable systems. To be clear, none of the major protocols or coins has EVER been breached - Bitcoin, Ethereum, Dogecoin, Tezos, etc. The protocol has always been safe, and decentralized....
This is a bit of a rant, but important none-the-less, I believe. Especially for new traders. I do talk about how the RSI is a very good indicator for fluctuation and market saturation.
Press the Follow button for more Daily Detailed Analysis. If you have any Questions, Please do ask them in the comments Section! Here we have our SPX charts, showing us a recent move to some comfortable support. The fall has been caused by current global tensions Across various continents and the dismal prospects of a war, having its negative effects. Any...
Hello Traders! Here I am showing my IPDA layout. Many of you are not unfamiliar to this idea as I use it every month. You tell me if you see other traders trading like this. Little to none know this and actually understand the concept behind it. There are others claiming they know IPDA. IPDA = Interbank Price Delivery Algorithm IPDA is way price is...
12.28.21 DXY GOLD SILVER: I pretty much covered my viewpoint about these three markets. I came to an important point that I really didn't explain clearly because we ran out of time, and that has to do with the silver market and that gap that I alluded to for a late entry. After the silver market moved off the double bottom, there probably could have been a good...
Take a look at the price action and how the daily is used in conjunction with the M1 chart. Solid trading by none other than S.G. Gitty-up! 🤠
BTCusdt - binance update Key take away, low to none streght for bulls atm. last stand here Bears still in control
CHF/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets...
GBP/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up to and ideally just above our upper rayline and the...
Hey Nazim Thanks for the suggestion. We hit TP so you can take out some, all, or none of your profit. In addition you move stop loss into break-even positions at the minimum. Now we are patiently waiting for a breakout, a fall, or a further fall and their respected confirmations before entering again.
As BTC continues to surge upwards with little to none retracements. We see that in the past week it has gone down a quite bit but in the same day went up to $57K. With hitting multiple major support zones and resistance levels. And having the 100 EMA flawlessly being underneath a bullish Haromi candle. Is this the indication of another new ATH? Let me know what...
WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down below the big wick to the left, it does so in a convincing...
WHEAT/USD: • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper trend line and it does so...
WHEAT/USD: • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper rayline, then regardless of...
(please excuse my if I jump around a bit in this one. My brain is about exhausted after such an exciting week) In my years of experience I have received much advice from traders They have said 'use the head & shoulders' 'use the rising wedge' 'Elliot Wave says this' 'blah blah blah' Yet none of those traders have been able to tell me WHY any of their...
WHEAT/USD: • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper rayline, then regardless of...
EUR/JPY: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes down, it then pushes back up leaving us with two fairly horizontal...