As you can see on this chart there were a couple of great breakouts, that went straight in the right direction. We also know that trying to catch tops & bottoms is a noob trap, with all the really ungifted new traders that are 95% certain to fail & quit obssessed with catching bottoms (go check the Bitcoin bull community they have a new bottom every 3 months). So...
In alignment with my goal being more organised and having a clearer view of my watchlists, I want to post a monthly forecast idea for my watchlists. They are pretty final now, and those are my 4 watchlists: I want to post volumes since I have them: EURUSD Looking at 3 years of price action: Looking at the more recent PA: So for the next month, I'll only...
There is a good reason firms hire people to trade a single asset class (oil, cocoa, us bonds...). And at the other end of the spectrum: Fresh retail traders start following a signal newsletter, they don't care about learning how markets work, they could not care less about history, fundamentals, etc. They follow some dumb service that pumps out signals on 50 FX...
Sucker rally. Calling it. Technically, we are at a 38.2% retrace and we can see the price is in a rising wedge. Also, very interestingly, the price is at a 2.618 extension. Alot of people follow Bitcoin, this might remind you of: And also to a smaller extent of: This stinks of a trap. You can spam Brexit FUD, it will not matter. Bears, get ready to get...
Bitcoin had a good run. Fortunes were made and lost. But everything has to come to an end. Even to the hardest most stubborn holders it is getting more and more evident. Stop looking at the noise on 1 hour charts. Get rid of all the useless indicators. Simply look at the price. You cannot not see it. Here is a screenshot if your monitor/settings isn't...
Hello, in Sweden, unsurprisingly, they are getting to the "book burning" step. They want to replace their history with their political agenda thing: in favor of gender roles & postmodernism. I think this is not the first time it was proposed thought, but they are testing it each time, and getting closer to passing this law/act. Source: www.rt.com Pretty clear...
Hey Hey hey! Back already with another post to show you the HYPOCRISY of crypto authors on trading view and twitter, and crypto bulls in general. The STUPIDITY , the BAD FAITH , the DISHONESTY , the LIES . They only want 1 thing: and that is for you to buy their bags. When I was actively shorting Bitcoin they said "don't listen, he has a conflict of...
Been a while since I posted about agri. Price is around its average now, I see no reason for it to skyrocket. I don't think this little rally is a new trend, I see it as a correction. And the short term uptrend is probably just noise that kindly comes fill my shorts. Technically the price around 490-495 is a sweet spot to short this which makes it...
I know nothing of this company. But either way, looks like a nice example of buying something beaten up down 99% after it starts rallying. When it goes down usually it goes down pretty fast (crypto won't be an exception btw), important not to overstay your welcome. I do not use this strategy at all. Adding an example, learning a bit more every few month or so......
Here is a new example of the baggy dead stock bounce strategy I posted about 2 months ago (link in related ideas). MoviePass went up 777%. Gambling idiots getting excited buying after it goes up hundreds of percent in a few days. Volume is a few dozen or hundred grans a day, which is more than enough for most people. As soon as it breaks a new high it explodes...
Some people following me might have read about the Nokia example. Well it was here all along. The name is disgusting, it was 1 of the few I didn't try in the long list of results. No wonder I wouldn't find the right chart. Posting this idea as BTC because I want more than 3 views ;) Plus it is the one currently in an echo bubble. First let me repost the railway...
Let's assume 8950 was the top, or very close to it. Just to be prepared in the eventuality people that shorted at 8800 ish are not going to get liqudiated. Never know... Want to have a look at BitconnectCoin previous bubbles or in other words months of June & December. 1- June 2011 2- December 2013 3- June 2014 4- December 2017 5- December 2018 6-...
AUD: Australian dollar falls to 10-year low after NZ interest rate cut. So? Scared money is selling, but I think this could be a good buy here, on the AUDCAD pair. USDCAD is capitulating. I am bearing on the CAD and their racist president. Let's go!!! I love to gamble! High risk reward and good trade management is key. Some high TF charts: Can't just...
The Rand is still refreshing, I think the trend is down. This looks like possibly a distribution on that 50% retrace. A tight stop and high RR is key. Maybe it will go down, maybe not. Don't need to be 100% sure.
Remember when I told you there would not be a "great consensus" bull market, that it was stupid, and the price would fall once it happened? Remember when I told you there would not be a "great ETF" bull market? Remember when I told you there would not be a "great bakkt" bull market? Pretty sure I did the same with CME futures but that was before my first trading...
Hey, hey, hey! Wassup wassup wassup? Bitcoinnect!!! You'll be happy to know the $50 I left on my Bitmex account when I defenitively quit crypto are doing very well. Went short 130 bucks saturday morning at the price of $10090, and that went rather well :D So as long as this little money survives I'll still look a little bit and make calls and you'll still hear...
JK IDK. I think Oil will go up to at least $60 thought. Uptrend. Can keep going, can go up very very much if war is declared, or just with moar tensions moar attacks. I don't see why tensions wouldn't keep escalating. US have sold a record number of weapons to saudi arabia during the obama period, and it didn't stop or slow down anything.
Screenshots will be better than words: I only trade tops & bottoms (accumulation & distribution, supply & demand), and I select good ones. The "rectangle" type is my favorite. "Continuation flag" they said. I always go opposite. Use other filters, the price action pattern is just here to pull the trigger. Use stop losses.