Trader6127

Trader6127 Updated 

Hey traders! I'm looking at this short trade as we continue to trade below the EMA50. Some very interesting market structure here, and we can see a potential breakdown of this triangle. ***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at...

Trader6127 Updated 

NDX entered into this correction all of a sudden at the beginning of October once wealth preservation suddenly became a thing and the realities of interest rates began to sink in. This strengthened the US dollar. While I think its possible for the market to continue its selloff against the USD, time looks to have run out to complete this downtrend channel and so...

Trader6127 Updated 

The selloff has been fairly steep in this index as we now trading below the descending channel. We are very oversold here, so let's look for a re-entry back into the channel and see if we can hit channel resistance before we get another consolidating sell-off. Here's the weekly snapshot: We can see we are close to the EMA200 and will probably need to retest...

Trader6127 Updated 

USD fundamentals have become interesting with the Fed taking an increasingly hawkish stance with interest rates, unwinding QE, and speaking highly of US economic growth. The US govt's stimulus plans also likely means US debt will increase through sale of more US treasuries, and holding this debt will become more interesting to market participants as wealth...

Trader6127 Updated 

This market has been in consolidation since June of this year, and the bear has been quicker this year than it was in 2014 ;) We can see using our 1-2-3 Strategy that we have the trend blowing against our backs; we are trading below the EMA50 on the daily and we have the indicator sitting far below the EMA200. We are looking for the dark blue trendline to break...

Trader6127 Updated 

Hello traders, I'm back! Well its been a while since my last post. I've been working on some exciting new projects since January of this year ;) It was timely, as the market tanked shortly after (oops!), and it turned into a shorter's game (and that's been fun!). I didn't want to bother you guys with my short selling, as I know most of you are long traders, so I...

Trader6127 Updated 

Hey traders! Here's another take at the market using a different altcoin to complement our earlier post. The same patterns are evident here as explained in our IOTUSD pair, but we can also see the formation of a very large and significant falling wedge reversal pattern ;) Bitmain is holding a lot of this stuff... ***This is not investment advice and is simply...

07:38

Trader6127 Updated 

Hey traders, here's an update on the $BTC market. Enjoy ;) Remember the 1-2-3 Strategy: And if you forgot what cyclical trades are, watch this one:

04:35

Trader6127 Updated 

Hey traders, here's an update on the BTC market. Enjoy ;) Remember the 1-2-3 strategy: And if you forgot what cyclical trades are, watch this one:

09:45

Trader6127

Hey traders, here's my educational take on the crypto market. Enjoy ;) Remember the 1-2-3 strategy: And if you forgot what cyclical trades are, watch this one:

05:48

Trader6127

Hey traders, how do you define risk for your trade entries? Here's one simple method I use to gauge market trend and which direction I should be facing.

09:40

Trader6127

Hey traders, interested in my trading strategy? I've compiled a short introduction that covers the basics. Enjoy!

Trader6127 Updated 

Looks like Neo is at the bottom of the downtrend channel and could be lining up for a countercyclical long move. If you missed the bottom buy, wait for the breakout at $74 and look to take profit at $87 and $110. We shouldn't trade below $57. This is a countercyclical trade, and with that comes significantly more risk; EMA50 is below the EMA200. Those moving...

Trader6127

Ripple's bubble burst quite significantly, and we are now approaching the bottom of the range. Looking for buy signals at 56 cents and 20 cents, depending on price action.

Trader6127 Updated 

NVidia closely resembles the Bitcoin chart! The manufacturer closely supplies digital infrastructure companies (crypto miners), many of whom are currently contending with low digital asset prices, regulatory clampdowns, and expensive hardware prices. Consolidations are imminent. And the secondary market for GPUs will likely slam retail prices and orders with the...

Trader6127 Updated 

Based on price action in this chart, we should start plotting for the bottom of this consolidation. Here are three levels we should be watching.

Trader6127 Updated 

The Eth selloff has extended fully to the 0.618 of the entire bullish move. Trading data shows Eth usually experiences a bounce as market makers soak up some of the supply with their Bitcoins for a countercyclical long move. Let's watch price action and try to get involved here once we have a few confirmations. If we see strength in the BTCUSD and ETHBTC chart,...

Trader6127 Updated 

We are down almost 70% from the all time high ( ATH -0.58% ) within 2 months. This has been a significant drop. More significant than anything we have seen since 2014. On the smaller time frames, including the daily, we are now in a bear market trading below the EMA200 (so the cyclical trade is to the downside). This means we are looking for a change in TREND...