Jamesofbc

Jamesofbc

**NEW CHART** Every chart is traded on two axis. Price and Time. Most traders don't give any attention to the time axis. Here is a BTC 4hr chart I drew a week ago. See my previous post on the specific instructions how to draw these. This is a 535 Zig-zag that I pulled fib rings from. This is an incredibly visual way to trade and its easy to follow if you don't...

Jamesofbc

I would like to introduce a method I trade with. Many pieces of this have been taken from other great traders although parts are of my own discovery. After reading this post I recommend studying Elliot Wave theory and getting proficient in identifying 5 wave moves. Jim Of All Trades on Youtube is a great teacher in EW. Every chart is traded on two axis. Price...

Jamesofbc

Take a look at how the yellow fibs are plaything out. Still not invalidated. Ive added the blue rings from another chart i have been watching. We are approaching an important point. Also check out the 12hr RSI, its decision making time. Too many things are lining up for me to think more downside is incoming. The good news is we will have a brief rally after...

Jamesofbc

This is a method I have been working on but elements of it were taken from Optical Art Crypto on youtube. The premise of this method is trading with fibs and time. Rings act as support/resistance and depending what slice of the pie we are in they can indicate which direction we will move. The real gold comes from laying Elliot Wave counts over the rings to...

Jamesofbc

This is a stock I would like to own for the long term. We seem to have overhead fib resistance sloping down and support below us on the orange fib ring. Earnings is estimated to be around December 5th. The last earnings pump sent us to >$50. The entry I'm looking to take is $35-$40. Consider selling Jan 2021 $35 puts for $1.00 today. Lots of good DD our there....

Jamesofbc

We bounced off the same fib ring three times on the way to 64K the first time. I will be looking to increase my short around 63K on a bounce up.

Jamesofbc

Drew this before the bounce but seems to be playing out really well. This is a stock I'd like to hold for a potential dividend reinstatement.

Jamesofbc

Lets see if these play out as resistance. Next stop 45K then will we push down or keep rallying to 50K?

Jamesofbc

Here we find support on blue rings and crash when we cross. Green rings look like trouble 24 hours away. Ride the next blue rings up when we get there

Jamesofbc

Just testing our a new blue ring. It looks like they act as support until we cross, then we dump. Lets see what happens

Jamesofbc

Just a trade idea down to $26500 then Long when we cross the ring