Sherem

Sherem Updated 

Traders, If this area holds, we should get a move to the upside. If you didn't get in on our laddered positions as this pair moved down, this would be a good chance to do so. We'll be targeting this $7200 area to get out as it moves back up whether you are jumping in now or you laddered your positions in. Happy trading folks, -Sherem

Sherem Updated 

For those of you who missed our laddered buys, LTC is at this minor support point/trend line. If we hold here we should have a good move up. Happy Trading, -Sherem

Sherem Updated 

Call me Preacher man because all I have been doing in preaching that BTC is going to 4k and it falls on deaf ears! WAIT A SECOND! Before you get mad or make a salty comment and get smacked down. Keep in mind a few things. 1. I want YOU TO MAKE MONEY . You might not believe it, but I do. i am not just putting in all this work just for giggles or to troll people....

Sherem Updated 

Firstly, our last bounce play we were in either at my support point at 520 or the break at 565. Both yielded a profit. You should have made money or at the very least got out at break even. I updated the last idea with the support points and what to look for. That being said, let's dive in right now. 1. MACD on the DAILY is meh. 2. RSI is not in oversold...

Sherem Updated 

If you have read or even looked at my past LTC posts, you will know that I have been worried about these pairs breaking down. My last Head and shoulder call was SPOT ON. For those of you following me you should either be laddering your buys accordingly or been stopped out depending on your plan. for laddering you need to look at how far this thing could...

Sherem Updated 

Check out this pattern. It's textbook. The chart speaks for itself in this massive descending triangle. If we break $116, we are going down. If you are following me you should be in profit or break even. Make sure you have stops or laddered buys in place. If this breaks, I wouldn't place a buy until around 100 to play a bounce. Happy Trading, -Sherem

Sherem Updated 

The potential risk to reward on this trade is to good to not post. Props to FunTraderVera for catching my eye. Check out her page for more detail, but this could be a potential killer trade. I am in from 147.76 targeting quite low. -Sherem

Sherem Updated 

If you pull the daily chart up you can see this pair has been channeling within these large bands for quite some time. We can therefore structure laddered sell positions up through this channel with stops above the major channel. It will make for a nice trade. As we come down in this channel, take profit and play the rebounds and replace laddered positions as...

Sherem Updated 

Folks we are just about to our buy zone in the VIX. Provided nothing crazy happens in the markets tomorrow. Once we start getting to this $9-$11 range. Buy VIX set a take profit and wait for it to spike up and get out. You might have to hold on to this for a month or more. Who knows! You can buy the underlaying options or buy it as an ETF. Should be a solid play....

Sherem

This could be a potentially really cool set up. Lets dive under the hood a bit. You might be able to go long here, but I find it a little bit riskier than selling on a rebound. With the turmoil in Europe right now, I prefer shorting the Euro as opposed to buying. If we pull a large trendline from the weekly chart, it stretches all the way back to 2006 so we want...

Sherem Updated 

What is surprising about ETH is even with this larger upside move, we still haven't had MACD cross yet on the daily. We have these 2 trendlines that ETH has formed and we have broken both of them to the downside along with a 4 hour MACD crossover. It has to find support in this 575-580 area to move up from here, but this is crypto and we don't exactly what will...

Sherem Updated 

BTC has been extremely choppy and volatile the last few days and it's probably given you a headache as much as me. I want to bring your attention to this potential pattern that has formed. I say POTENTIAL because it could easily invalidate it at this point. However, looking at this pattern that is forming we can get some clarity with the magnitude of the move...

Sherem Updated 

LTC is at this support point and mini trend line here. If you follow me you should have entered anywhere between $112 to $117. which makes you in profit. Key things to keep in mind, we have formed a higher high on the smaller time frames but also had a very weak DAILY MACD cross which is not a good sign. In conjunction with that we have also had this 4 hr MACD...

Sherem Updated 

I am posting this as a long play since we have been long since last week for anyone new reading this, make sure you read up on the strategies we are utilizing if you are thinking about going long. We have been in this channel looking for support while chopping around. From my chart you can see we had this first smaller trend line, broke it, found support then...

Sherem Updated 

I have updated the charts on LTC to more of what i am looking at but i want to drill down a little more with my strategy. First, I want you all to keep this in mind. We could be going down more before going up . Which is fine for the strategy I will be implementing. If you look at the daily chart, we could very well have more downside. On the smaller time...

Sherem Updated 

I am going to share with you all one of the primary trading strategies I use. As you read this keep in mind this is what I have found works best for ME in my situation with my busy life. I am not here to tell you martingale is the best strategy out there , it's just one that's out there that I have found to be very successful in my personal trading accounts. Its...

Sherem Updated 

LTC is probably forming the most concerning pattern of them all IMO. If you notice it is similar to BTC in the sense that we have been forming these massive Lower highs. The major difference between LTC and BTC at this point is LTC is already at the bottom while BTC still has some more room to go before hitting the 6.5k low. You would think that LTC would generate...

Sherem Updated 

I have updated the charts on ETH to more of what i am looking at but i want to drill down a little more with my strategy. First, I want you all to keep this in mind. We could be going down more before going up. Which is fine for the strategy I will be implementing. If you look at the daily chart, we could very well have more downside. On the smaller time frames...