Bearish behavior. Bitcoin is a sell for now.
Short Gold Long Copper Risk and execution on (Daily) time-frame
I want this one cheap. I am not buying on any breakouts. I want to go long at an extremely low risk entry.
Looking at the price 1.03x I ask myself, what are the odds of not being in the money at any given point once I'm long? Extremely slim is the answer.
I am currently long silver. I will short metals if this trades at the 17 handle. I am going to be a major buyer in the mid single digits.
The long trade is not over. I think the next impulse move down will actually be the intermediate bottom before rising dramatically. This could be the chance to load the boat. Stop is 99.90 - made a mistake on chart Previous USDJPY analysis
I've been right on bitcoin quite often. I consider it a superior charting market. This is such a buy here.
Broke major 20 month pennant on weekly. This trade is game for a short.
These formations are rare, can be quite confusing, and are prone to a lot of morphing. I believe this one is coming to an end soon. Even if it does not come to an end, a move of size is on the horizon. I am short bias from a risk reward standpoint. I view the break of 17700 as constructive and would be looking to go long the index. I will start covering the Nikkei...
Short term could see a relatively strong rally, but prefer to focus on the big picture in the EURUSD trade. I covered my previous short position and will renenter in the price shown. I would also renter short position on the break of 1.095. I am flat at the moment with a preference to be long intraday, short on the daily+
USDCAD will likely continue trading higher.
Trade theory here is simple. On the much larger time frame the price halted exactly at the low of the pre-break out leg. My stop is extremely tight so I could take a large position. These trades RARELY work, but when they do.... they work in a huge way. Either your entry is off or stop is too tight. They could be very frustrating but extremely rewarding. Last...