MoneyJourney

MoneyJourney

BTC was in consolidation, been making good profits on the small swings. However, be ready for another massive move as we prepare to break out of our current consolidation area. My hunch is we will have a fakeout move up, down & then return to the upwards trend to hit 10726 resistance line. This is a strong resistance line as you see another weekly resistance...

MoneyJourney Updated 

Be on the watch, we're either about to break a bottom trend line, or getting ready to go above the .786 fib line. Either way, guys be prepared to rake in some more bits!

MoneyJourney

Despite what most others are saying, I still a move in the direction of the current bull upwards trend thats been going on since April 3rd. My fib retracement tracks from the 7210 level. That being said the current trading ranges are respecting it quite well. I'm waiting till we break one of two levels next to decide what trades I'm taking next with bitcoin. 1)...

MoneyJourney Updated 

I predicted last nights trades. Just realized it was set to private & locked. This is my prediction for BTC based off the weekly charts. Anyone disagree?

MoneyJourney Updated 

Brexit is killing the GBPUSD. I have a feeling we are in for new all time lows. While most people are net long on this pair, I don't see good news for it in the near future.

MoneyJourney Updated 

EURUSD has been bearish for quite awhile. The market sentiment at IG has been mostly net long for awhile, with signs of turning. Usually when the market sentiment turns, which it is; it is time to start going long. If I was ballsy I'd say we would be going to 1.31032, however I'm not so this is a conservative analysis taking us only to 1.17335 initially. If...

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I've tracked a downtrend on the daily charts all the way back to February. Furthermore, I found a nice support level reaching all the way back to 2016 for the fib levels. [/url ] With only 22% of the market shorting, this is a great time to get on this down trend trade that is set to hit 132.664. We are a few hours behind the best time to enter this short,...

MoneyJourney

My gut feeling says stay away from trading canucks right now. 55% of the market is currently shorting this pair, and a trend analysis that can go either direction.

MoneyJourney Updated 

Why wouldn't I take this trade?