Friday was a good day for us, our idea of taking a long from S2 worked really well. Moving forward i think that S1 is going to be a nice place to take a long, given the right circumstances, the level is sitting close to a structure level, therefore giving us a zone between 573 and 560. In the other hand if the market makes a correction we might see some resistance...
The market came really close to our selling area on TH, and after price broke the trendline we knew we had a good chance to keep moving lower but had no entry as well, overall it was a good day for us. Tomorrow i am going to keep an eye on S2 (6655), i think that is going to be a nice area to look for long entries, there is some structure as well around the same...
We had a little bit of selling momentum later in the market on Wednesday, but price came right back to the ascending trend-line, therefore short term we are bullish, and if the market continues to rally we have our first resistance zone between YH and R1 (845-872), in the other hand if we have some selling pressure i will expect the S2 zone ( 651-671) to be a...
Hey guys, here are the levels for Wed, i was not able to trade on Mon and Tue due to some kind of virus that i got, but we are ready to continue on our journey. Moving forward it looks like the market is putting some HHs and HLs, if we can not break 6800 i think the market has a good chance of testing 6500. Please keep in mind that these are not trading signals,...
Hey guys, i hope you had a great weekend, coming back to the charts we see the NQ moving lower, it might test the 6450 low that we had a couple of weeks ago, if that is the case i might look to take some longs at S2 around 6432, and if the market starts to rally i will keep an eye in the Pivopoint along with DTL to get some shorts. Please keep in mind that these...
Hey guys, i hope you are having fun in the markets, a lot volatility thanks to news and tweets coming our way. Moving forward the market respected the short-term ascending trend-line, i will expect a small correction for now, but i think the market wants to push higher. Please keep in mind that these are not trading signals, use your own analysis before taking...
These levels are based on Tuesday's trading hours, and might not have a lot of weight into tomorrow's session. The only suggestion for you guys in the short term is try to stay away from swing trading, with all the news coming to us this market is completely unpredictable. Please keep in mind that these are not trading signals, use your own analysis before...
After the break out of the descending trendline we can expect a correction, a nice place to start some longs its going to be around S2 which is 6968, which is where the gap would be filled, or 6920 at S3 where the DTL lies as well. I will wait and see how fast price goes down to these level if it goes down, otherwise, i will be looking forward to the breakout of...
November was a decent month for us, we were up 7.22% with an average winning % of 83.33. Moving forward, i am not using the pivopoints tomorrow, market is above all the levels and i think at this point they are irrelevant even if there is a correction. Maybe one place to start some longs might be YH or YC. Please keep in mind that these are not trading signals,...
The market was rejected from the descending trendline, i think that tomorrow there might be a small correction, is the last day of the month so there is a lot of profit taking and rebalancing of portfolios, therefore we might have some nice volatility, i would keep an eye in the overnight session before making any decisions tomorrow morning. Please keep in mind...
A correction might be in place, i will look to take a long around the s1 area. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
Top of channel : 1 to 1 measure : 1.27 extension
The market is breaking above the short term DTL, we might see a push to the upside tomorrow, but if a correction occurs I will be looking to take a long position at the S1 level which is 6642, short term the market looks bullish but there is an additional DTL above . Please keep in mind that these are not trading signals, use your own analysis before taking any...
As we expected the market rallied to our decision zone, although I was waiting for a move a little higher close to the 6700 level, tomorrow I will have to keep an eye in that descending trendline, I don't want to short the market if price breaks above. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN...
Hey traders, i hope you had a great holiday week, we didn't trade on Friday, and Wednesday was kind of a half day for us, anyway going back to the charts i have to say that I don't like to trade the pivotpoints levels after a half day worth of data, therefore i will be looking to breakout trades for tomorrow, however, i do have a nice level in mind if the market...
Most of the trading happened in the morning on Tuesday, tomorrow Wednesday it might be more of the same, therefore, we might stop trading around noon, depending on volatility at that time. Moving forward the zones that we will be looking to take some trader are for longs the 6400 area, we have the completion of the AB-CD pattern, plus the 161.8 extension, in the...
Bitcoin is in this downtrend channel, I think there is room to go and test the bottom of the channel around the 3000 where there are some key structure levels as well.
Hopefully tomorrow we will have the same volatility as today, we will be looking at R1 to start some shorts, this level together with the descending trendline will put some pressure for the bulls, in the other hand S1 looks like a perfect place to take some longs, at this level there is some structure, as well as the 1.27 fib extension. Please keep in mind...