9.9.20 One of the conundrums of trading is the everlasting pressure to make a trade decision before the market does what you want it to do, but it's not clear that it should do that. I think that the DXY is going to expand higher, and that the EURUSD is going to expand lower. However, both of them have been moving in the direction that I think they should be...
As pointed out in this publication; downward pressure will continue at least till mid September in my opinion. The Daily CME gap likely gets filled as well. If downward pressure were to continue beyond mid September, would this mean the price action falls well below the gap in similar fashion to March, 2020? No... We could easily continue sideways before...
9.4.20 I ended up comparing two 1-3-5 reversal patterns on Bitcoin....why one pattern is better than the other...and is much more reliable. These two examples are an expression of differences in volatility. You are not going to see this through oscillators or average true range. The tendency for many traders who are having problems trading the market is to...
This publication is simply to point out it's NOT uncharacteristic for Bitcoin to experience 40% pullbacks DURING A LONG TERM BULL TREND.
I was asked a question on my previous BTCUSD - Bitstamp publication: "Do you think this upward pressure is strong enough to prevent a wick from going down to the Gap until the 15th? Man I wish that gap wasn't there because it has me paranoid to jump in." As pointed out with the indicators in the video; I don't think we will come down to fill the gap in the Daily...
Hey guys, a quick update on global markets and economics! Have a good one, your german trader
Hi Everyone! I thought it would be appropriate to do a video publication for the Bitcoin CME Futures before doing a CONCLUSION Video Publication for the four time frame groups covered in previous video publications. The Energy in the Daily appears it may attempt to cross above the 50% level before the weekend arrives. So, we may see a CHANCE for the stage to be...
I decided to do a video publication for CME Bitcoin Futures due to the Large Interests playing a large role in the CME Futures. We would be a fool to think they are not playing a large role on our traditional crypto exchanges to manipulate the price action to their benefit on the CME. After all, the large interests (BANKS) can create money out of thin air with...
good luck and happy trading guys and gals rigo
Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals. These include: SPX, Gold, Crude Oil, EURUSD pair and the Emerging markets via USDRUB . If you like what you see, please fell free to hit the Like bottom and leave your comments. Disclaimer: By viewing this video you fully accept and agree that it offers...
What if the pennant broke down??? Are we ready to trade that ? :) ofcourse we are!