I'll hold my hands up on this one. The push from 60k to 64k was more than expected. But sat tight. Slept like a baby, up every hour crying. Only joking. Ok so if we go back to the post "Rocket" - See inside this post for full details. We had the A and B moves. But this wasn't actually the 3 end as expected. So in Wyckoff terms, this was the BC and not the...
As time goes by, we can see some unsettlement in the crowd. On the weekend we saw $10bn of liquidated positions. See our call on the move Cubbish pressure is an internal joke of it only being a little bit BEARISH . I have posted a few articles recently on BTC & thought I would highlight the overall sentiment. BTC is a driver - like it or not. Much like DXY...
Gold - Check out the last posts for areas of buys and sells. The last call "related ideas" was about the level being interesting on a shorter timeframe. We can expect a little push up here, but it won't last long. There's another push on DXY strength. Bullish as a whole - but not overly bullish in the short term. Disclaimer This idea does not constitute...
Short bias still present. Evaluating the Elliott sequence this morning. It's clear to see we are in a Monthly 3 move up. So Bullish bigger picture. However, we have now had a daily 5 push-up. (see previous posts). This 5 wave completes a weekly 3 drive. In the world of Wyckoff, the UTAD creation on a distribution schematic daily. All of this coupled with...
I've been using Tradinview for several years now. It's been a good platform to use for the charting side. I wanted to make a post to see if there are tools or things that maybe I don't use that others in the community might like and use? Personally, I like things like Parallel channels. This is a great tool instead of drawing trendlines. I have recently...
Another area worth looking out for some profits. Take a look at the last couple of calls and you will see some interesting areas for gold transactions. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might...
What's the thoughts on Coinbase? Relationships to Bitcoins price? Where the Alts fit in? Sink or swim or mooooooon? Comments and discussions welcome! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup...
Afternoon fun - doodle. Barts Head on BTC! where next?? Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared...
Market Psychology simplified Carrying on the Simsons theme - In the last couple of months, I have written several educational posts & have been lucky enough to see some being selected as "editor picks" After writing some more serious ones, I wanted to write some other posts to have a laugh. I had some great comments, replies, and requests on the back of the...
Did you know? The current "Crypto" market cap as around $2TN - there's a chart of @TradingView for this. What's interesting is - that if you look at Global GDP stats as per image above. You will see that if Crypto was an economy it would sit in between Italy and Brazil for size. What Is Gross Domestic Product (GDP)? Gross domestic product (GDP) is the total...
As per plotting of the weekly in Advanced Get - we will update these ideas with daily plots. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will...
I've had quite some fun waiting for the Bitcoin move recently. After a great response from the "Buffoonery" post I was asked about some of the tech depth. So I posted The "Rocket" idea - see all of these below in related ideas. Waiting for things to setup I thought I would play with some art and the chart looked like Bart Simpsons Hairline. So I posted a joke...
Not 100% ready to long for the long-term. I believe Dollar is about to give another little dart up. Expect the unexpected! Here are a few reasons why. Monthly Quadratics - shows another little move up (White line) - So we assume overall long momentum. The weekly DXY chart stochastic shows an overbought situation - Suggesting another push up for EU. So again...
I have posted a couple of posts on BTC & Crypto recently. It's fascinating to see Bitcoin being manoeuvred into its professional status - as a long time trader & investor. It's AMAZING to see all of the long calls and posts. We have monthly stochastic, weekly stochastic, Wave 5 daily completion on Elliott, which is inside a wave 3 weekly. Grayscale fund...
After posting some educational content, it's been amazing the conversations that have flooded in. Ranging from questions, requests and just general chit chat. One of the hot topics for beginners has been the use and understanding of Fibonacci levels. So I want to share this and ask. What kind of music do you listen to whilst trading? I saw a trade idea posted...
So this post is a little different - it's not an analysis or really a tutorial. I am looking to see what the community sees as the strangest, craziest, most colourful, most interesting or pointless indicator, strategy or tool? About 2 years ago I was shown a strategy/technique - I assumed it was complete rubbish, it talks about Lunar dates, cycles. Now although...
In the last couple of weeks, we have posted several BTC, crypto and alt coin posts. This has been followed up with updates and comments. Going back over them, we thought it best to correlate the info under one post. So related ideas from the short call. Here's why we saw the short move. Daily Elliott 5th wave being completed - linning up nicely at the time...
Had a few comments & requests regarding the last couple of BTC calls - see this imparticular; I am 100% Bullish on the tech as a whole, but to move on up we should expect a corrective move. This as per the last calls shows how and why we are going about it. In terms of updates to that post and the couple before it please see below; Starting with the monthly...