pastworks

pastworks Updated 

Here I showed everything I know that can draw me to the conclusion to my trades.

pastworks Updated 

Stoch is crossing over on both daily and weekly Big support trend line only fear is death cross will keep updated

pastworks Updated 

In the investment world everybody expects you to know exactly how to buy into an Index Fund, which makes it very hard to find a good detailed non-outdated resource to learn from. While it’s easy to do once your set up, learning how to from nothing was difficult (at least for me). Before you even think about investing into the S&P 500 you need to know WHY....

pastworks Updated 

You can see there was momentum going up as price went down which created the bottom and now rising price of SPY. This indicated there was going to be a breakout which there has been but I doubt it will go over the next resistance. I can’t show you in this post but if I scroll out you could see the FIB levels of the overall swing high/swing low The past support...

pastworks Updated 

In my last post I explained how you should have bought call options on the overall support line, from then the price has gone up. If we manage to close a day candle over this resistance point we should expect very bullish behavior. Not that we haven't already. Tell me what you think in the comments! Seeing everybody bearish yesterday but bullish today is confusing.

pastworks Updated 

You can see there was an inverse head and shoulder with a rising neckline. This pattern indicated we were going to have a breakout to the upside. The feds however decided that they wanted to bring the interest rates up from 0. This broke the pattern and the support zone. In my opinion compared to the past the prices are holding on the trend line pretty well for...

pastworks

Here are the support zones for ETH The lines that are larger represent the max support/resistance The lines that are thinner represent the start of the support/resistance I have no idea where the bottom might be. The trend line has been broke and the first support level too. HODL! Split your capital for these support zones. Unless it comes back up soon, which...

pastworks

Here are the support zones for BTC The lines that are larger represent the max support/resistance The lines that are thinner represent the start of the support/resistance If we go under this current support zone things could turn ugly quick. The trend line would be hit making prices go back up to the past support and now resistance. Then that would bring us back...

pastworks Updated 

Unless we have a market crash there should be a bounce up in the next 2 weeks to a month. (I have expirations set for February 7th) Swing traders the time has come for us! Have fun day traders.

pastworks

When it comes to your long term portfolio, please Dollar Cost Average into the S&P 500. Which I will explain how to in detail in my next post. However today I just want to show a small swing trading strategy theory I will try for fun. The reason I prefer the idea of swing trading is because it requires you to set your candle sticks to 4h,1d, or sometimes even 1...