Harmonic prz with structural failure on a bear momo div in volume. Trade levels indicated Brian
Wondering what the communities collective perception of this problem is - what is the correct scale to use when drawing Gann Angles? I believe this is a do able work around, any thoughts?
Hello all, a site member today posted this idea and I liked it so much I thought I would bring it to this communities attention. Nice solid reasons for a trade and a very respectable > 4:1 r/r wtg JC For these and more ideas on a daily basis within the crypto/currency/penny stock/options markets come join our community of shark traders, we are just getting going...
Hello all, thought I would pass along an interesting piece I put together in my spare time Sunday. Here is what I would consider to be a very 'rational' investment idea. What I mean is being short the Canadian dollar vs. its largest trading pair in my opinion represents a trade were both the fundamentals and the technicals agree. Whenever I have been presented...
Hello all, I sure hope you were able to take advantage of my warnings of both a fundamental catalyst price seemed to be running into (does anyone know the actual price of the auctioned coins yet?) and the hallmarks of a blow-off top. My twitter feed is a cool running log of the whole rally and of course site members had loads of fun through this whole thing. I...
Hello all, here is an interesting chart I put together today. Notice the very similar price action today as compared to last year's US government auction of Silk Road Bitcoins. As an event that will bring Bitcion to the public's attention (and may even garner new buying interest) the upcoming US Marshal's auction of bitcoins marks a significant fundamental driver...
Commodities and commodity proxies have been getting smashed of late while Bitcoin has tried to remain within the upper end of its massive 2015 trading range. A initial breach and now an acceptance below the lows of the middle of the range ($210''ish) implies the market wants/needs to explore the lower half of the range below $200/coin. Fib extension levels will...
Hello all, here's a good example of how some very basic principles of price action can both keep you out of trouble and actually lead you to profitable trades. I learned many years ago about the 50% rule and how it can often be a helpful guide as to where markets ought to retrace if they are correcting against the primary trend. Additionally, I learned many...
Hello all, I hope everyone is well and following their trading plans. A site member brought a forex idea up with me today and I thought I would give my answer to the broader community's attention through a post here on TradingView. This is a very typical study I would do on any asset for any time frame for any type of investor/trader. Ideally, students of my level...
$TIP-TLT Inter-market relationships can provide invaluable info. Let test of lows play out before making any serious 'risk' asset purchases Brian
Hello all, I did up a nice Chart & Video summary on current Bitcoin symmetry. If you are interested please feel free to watch the video (youtu.be) as you review this chart. Enjoy Brian The Rational Investor p.s. new school term starts week after Labour Day. Please feel free to pop into our TV chat room (www.tradingview.com) if you have any questions or visit our...
A couple names that look like they could easily double. Once you are on a double then sell half (to get your capital back in your hands) and ride the rest to where ever they take you
Fasten your seat-belts folks, we may be in for a bumpy ride....Can I be short everything of USA???? (oh, btw.....bitcoin just put in a buy signal....go figure) Brian
Hello all, After a tumultuous winter (where price really hasn't gone anywhere) we are starting to see some early signs of a trade-able bottom within Bitcoin off the higher time frame charts. How much of the recent bullishness is due to normal seasonality and how much is actual real buying is another question for another time. The point of today's post is to...
Further to recent posts/comments about the US Dollar, here is one ETF that looks like it is trying to turn. While there is always risk in any trade, I am comfortable with the idea of buying RING here around $8.00 and look to either take full or partial profits at near the 32.8 Fib (indicated on the chart) near $13.00 For those more adventurous, consider $9,00...