About meMy name is Alfred Carlson and I am making the leap to move into getting the knowledge so that I can get involved in the crypto community and trade profitably and master risk management to maintain or gain.
Pure TA trade.
Short with SL at Local High...looking at a Short at 50% and 61.8% for 2 more chances to call a top which means I'll be using low leverage on these trades.
Will average in when LOCAL top confirmed.
Goal will be 8500 then 7700 and 6800 as the lowest as this will be the right shoulder of a IH&S play...if this plays out will look at re-entering at...
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TYPE OF TRADE:
I am looking for a great setup that could form soon for a SHORT position.
CONDITIONS TO TRADE:
I will be looking for 2 specific conditions to enter into a short position
- This 2 year resistance holds and doesn't get broken...even by a wick.
- We close below the...
Please COMMENT if you have any feedback so I can improve on my ideas and LIKE if you agree with the idea.
I have been playing around for 9 months for a reliable strategy that I can trade with and I am sharing my first reliable strategy with the few flaws that I need to work out but it has been a profitable strategy so far for me as it does determine when huge...
Doing things a bit differently on this one with most of the information on the charts. Let me know in the feedback if this is easier to read or not. Please LIKE if you agree with the idea.
This chart will help me determine what to do with ETH.
BREAK ABOVE UPPER TRENDLINE - Start Day Trading as I will expect a constant bull run to start for Ethereum. (Will trade...
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Yesterday we 2 charts make significant moves
The 2 month trend in the upward channel broke to the down side
Confirmed a bounce off the 2 year trending pennant from the upper boundary
We are trending below the channel right now and am looking for
A bounce from the...
Please comment below for any feedback on my analysis and LIKE if you agree with the idea.
I have published this idea to show the similarities between 2 things:
The correlation between Stocks and Housing
The US and Australian markets (stocks and housing) with the big heavy drop at the same time
What this implies is if this holds whatever happens to the US...
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I am BEARISH on the SPX as I believe the problems in America have not been fixed.
Fundamentally, there is a lot of problems that have uncertainties such as
When will consumerism get back to normal for big business
People will feel safe financially and in regards to...
Please leave a comment for feedback on my ideas and a LIKE if you agree with this plan and logic.
We have seen a bounce off support levels yesterday in the upward sloping band which tells me that we are seeing a majority of speculators re-entering into the market.
As shown on the chart on around 4th of June we will be coming to a key point where two trendlines...
As shown on the charts we can see 3 formations forming and all overlapped.
Short-term pennant (rising wedge) (Only mentioning this for scalping)
Steadily increasing channel from our local low of 3800 from 2 months ago
A larger pennant over the years and we are in the upper band.
This means I have 2 points where I have high confidence that they will confirm...
Medium-High Risk Trade.
As we have a lot of uncertainty ahead of us but it does look like a breakout is imminent in BTCUSD on the 1hr timeframe.
JP Morgan getting involved in BTC
Health of US Stocks
Health of world economy
Correlation between BTCUSD and US Stocks (DJI & SPY)
Just to name a few
Have a look at the chart to see the levels of interest as...
I have kept this analysis quite simple as I have risk exposed with DCAing from AUD to BTC as I am Australian.
As most common price to quoting BTC is BTCUSD I need to keep an eye on AUDUSD currency pair.
I will hold half my money in USD and half in AUD that will be used for DCAing weekly
STAY WITHIN 0.63678 - 0.65731
Buy 1/2 from USD and AUD each week.
I'm not normally a fan of XRPUSD as it does fit into a different category of cryptography in the decentralisation revolution that is happening but...the price of XRP is so low and the technology is working.
As shown on the charts I will be looking at DCAing in the shown triangles as I see a pennant forming. Once we break to the upside of the pennant I will be...
Ethereum is sitting at a nice level to accumulate more before staking. I have marked my relevant levels to determine what I will be doing.
As we can see with the right angled triangle I believe we are following a pennant pattern which will give us a price of Ethereum between $265 - $90 until the end of the year from now. Until we break to the upside of this...
As it played out we had hit the upper pocket and then rejected back down (within the last hour).
As I have been stating in all of my ideas I think we are going for a short and sharp ride down...how far down I'm not sure but I put the bottom of the ride at 4000ish.
This is my play:
I will be dollar cost averaging (DCA) into a bigger position on all...
If you have a look through my posts I am quite bearish on price short term as I think we need the stock market to make its move down before we can decouple away from being correlated to DJI (IMO).
We have absolutely smashed through resistances in the last 24 hrs going from 7500-7600 to nearly touching 9000.
This is my revised play trade which looks at the WEEKLY...