Gang, I am going to keep experimenting with this pattern. I think we are going to see a correction around 6,450, but that's okay we will still hit our target on the chart. Buy the handle. Set a tight stop loss. 5-10% loss with close to 50% gains. Let's get it gang. ***A 100% drop playing out throughout the rest of the year is still very possible. If you ask me...
Break of uptrend channel. Retesting now. Short it now and make a profit. Momentum is in your favor. Always remember to use a stop loss.
Bitcoin Signal Indicator gives me these trading signals Enter on close of breakout candle Shows me where to place my Take Profit Shows me where to place my SL
I expect a reversal both short and long term for Ford. Way too cheap. Also a decent dividend stock. May soon break out of a 15 minute triangle.. cheap options NYSE:F may be a good buy.
Our previous scenario on ethereum is linked below (and on the chart above on those cool yellow triangles!). Since then price has not exactly did as we expected, so we haven’t entered any position yet. We’re currently hanging on to our previous invalidation zone, and we got there in a manner that reeks of exhaustion. Let’s have a closer look at the situation and...
The reason why Chaikin Money Flow is the best volume indicator and it’s better than the classical volume indicator is because it measures institutional accumulation-distribution. Typically on a rally the Chaikin volume indicator should be above the zero line. Conversely, on sell-offs the Chaikin volume indicator should be below the zero line. Step #1: Chaikin...
Pair has broke out of the bottom range Sell Stop @ 1.2990 1st Take Profit @ 1.2940 2nd Take Profit @ 1.2905 SL @ 1.3035
Step #1: Identify at least two Darvas boxes that are on top of each other The first trading rule is to let the market develop at least two Darvas Boxes. Basically, the two Darvas boxes are showing that the market is starting to move in steps to the downside. So at this point, the market also should be making lower highs followed by lower lows, which is the basic...
Scenario: up or down? Ethereum didn’t exactly do as we thought it would. We didn't get a clean break of our breakout level, and went down quite violently while bitcoin remained steady. Let’s stick to the charts and see what they tell us to do. DAILY First of all, We see the giant downwards channel we’re working on. We’re hanging on to the median line, and...
Price moving bullish Buy Stop @ 111.35 Take Profit @ 111.75 SL @ 111.15 Watch Slow Macd 12-200-15 cross above red zero level line
Find TDIGM under indicator search Step #1: Look for the Read Line to break above the Yellow Line The yellow line is regarded as being the most important line of the TDI indicator because it binds together all the other parts and it makes the indicator tradable. Traders also refer to the yellow line as the Market Base line. The yellow line can be used to determine...
Closed trade & next scenario A quick update on our trade and what we see happening in the market. Our plan still holds: we reached our second target and reached max target. We expect some to see some range-like behaviour before possibly reaching the 2.618 extension level. Or perhaps we will see a strong bearish reaction and cycle at our max target. As always, we...
Week 30 - Market Update Hello traders, welcome to your moment of zen :) We had a nice upweek last week, activating our trade. Today we reached our first target, so our members should (and probably did ;)) at least take partial profits. Let’s look at the markets to see how price is developing and we can find possibilities for re-entry towards our max target....
I'm out of it. I'm not getting into FOMO. Based on my own methodology, I'm not happy with stop-losses. So that's it. For me, I have to consider my stop-losses as 'gone'. That's money I'm willing to throw away on the chance that I'm wrong. So I'm not happy with the losses between 2H and 1D time frames. Gamblers who want to win a single trade may get involved....
ETHUSD Long setup - Short term Welcome everyone, we have trade setup developing for ETHUSD, following pretty much the same path as Bitcoin (which we looked at yesterday, and our trade got activated ), only looking a bit weaker. DAILY We’re still working well within our downward channel. kind of bouncing around the median line. And perhaps this is is a...
Pair is making lower lows and lower highs Sell Stop @ 112.16 1st Take Profit @ 111.92 2nd Take Profit @ 111.63 SL @ 112.46 This is my own personal opinion not a trading call.
Pair is in between 50 sma and 100 sma Pending Dollar strength will help move pair down Sell Stop @ 1.1645 Take Profit previous support @ 1.1605 SL above 100 sms