Averaging short in 5300. Very risky operation. Investors entering with short positions should be careful with the possibility that these last day moves are a false bearish break. In the last few days we have opened short positions in several futures of the blockchain sphere for the next 2 months. Our target for Bitcoin -5.65% in January/February is 3,000...
EURUSD, The path of least resistance is down. There is allot of overhead on multiple timeframes is the pair is to head higher. Plan Sell rallies till EURUSD breaks its longer trend.
Looking for bull trends in the market to ride the curve up, then sell at the top. Works great on momentum stocks/ETF's. Somewhat a swing trade strategy.
It looks as if BTC could make it this time, however there are still mixed signals. Daily has been overbought for a while now, like the last two tops, when BTC price hit exactly the MA200 line. Shorts are coming down fast, longs rising, so if BTC doesn't break through fast enough, it could go down again. I have to admit that I am undecided right now. I will just...
Off pitchfork in an ending diagonal, 800MA on weekly. Equal length to the first 3 wave move... Just did a flat correction and broke out bottom, Oil news coming. Safest to time entries on the pullbacks. It is technically possible for it to come down A LOT. Check your fundamentals.
There's a lesson to be learned every day! For me the lesson is: always "cost average" into a position. I was too lazy to ladder in, so I bought at the .618 retracement, and unfortunately we dipped deeper. Putting it more correctly: unfortunately for me, because for those who didn't buy Bitshares is on sale today! We've briefly dipped below the long-term support...
I drew the original trend line back in mid 2017, as you can see, we had exponential growth, and of course the winter crash. After the major crash, it touched the original trend, with only a shadow, and then tested it 2 more times, both bottoming out at the bottom of that trend line. We can see this is an extremely strong trend line, dating all the way back from...
- See thumbs up, 5 day MA moves upwards cutting across the 10 day MA. (1st Bull Signal) - If the 5 & 10 day MA's continue upwards and cross the red 50 day MA (Buy Signal) - See fib level 0.7 & 0.3 for key price action areas - Use other fib levels for Stop/Loss & T/P
Lesson Two The market is more predictable that we have been led to believe. We will now study the effects of both the 17 year half-cycle and the 9 year half-cycle which are occurring at the same time. There are many other cycles or sine-waves occurring in DJIA and in other markets as well, but for now we will just focus on these two cycles. Please see the Lesson...
Fibonacci Ratios - 0.786 / Price level: 1310 - 1315 - 0.382 / Price level: 1290 - 1292 See these as key areas for price action, so buy or sell orders could be placed here if the below indicators are fulfilled. Could also use 0.236 & 1 ratios as positions for stops etc Moving Average 5 Day (GREEN) - 5 day moving average has cut across the 10 day...
Fibonacci Ratios - 0.786 / Price level: 148.000 - 0.382 / Price level: 145.000 - 145.750 See these as key areas for price action, so buy or sell orders could be placed here if the below indicators are fulfilled. Could also use 0.236 & 1 ratios (and their accompanying lines) as positions for stops etc Moving Average 5 Day (GREEN) - Both 5 &...
Overall view of Market direction using the weekly to foresee possible exit/rise positions. Break of Weekly 50MA is worrying as has been years since this was the case. Rapid rise during Nov/Dec gave little chance for supports to be established under $5800 and would worry most investors if the possibility arose. 1st July (which may see action early, due to 20th June...
Got tired of having multiple moving average indicator on the left side of charts. Wrote this to reduce the long list of indicators on the left of the screen. Allows you to set 4 EMA and 4 Simple Moving Averages with one indicator. Allows you to have 4 Simple Moving Averages and 4 Exponential Moving Averages with 1 indicator. Also, added a Period High simple...
The Situation H1 :- - 5 Day MA (Moving Average - Green) crosses 10 Day MA (Yellow) - Bull (see first thumbs up) - 5 & 10 Day MA cross 50 Day MA (Red) - Bull (see second thumbs up) - See Top Fib level for swing price action, predictive indicators below; 1) As long as 50 Day MA stays below 5 & 10 Day MAs - Bull/ Level Broken Higher Highs 2) If 5...
There's similar ones out there to this. I changed the commonly used 100 to 128 since I've found it more in tune with BTCUSD I also have the colors: Gray for the 20 MA Blue for the 50 Lime for the 128 Red for the 200 Stock is SMA, If you prefer to use Exponential you can check the box in the settings ...I more often use the SMA
NCASH coin has distribution through the worlds retailers in their sights. The model is simple and a potentially attractive investment at this early stage. The idea is retailers reward customers for visiting their store with NCASH direct to their wallet. When a customer makes a purchase they are rewarded with more NCASH. The retailer requests information on the...
Plot the Moving Average of the Daily Price Mid Point for shot periods of time. Great to give an idea if the daily price trend is below the daily curve or above the daily curve to give early indication of price momentum.
The bulls need a breather after that exciting run and have been stopped at least temporsrily in their tracks when the 200 EMA(in orange) closed the gate on them....Now that the bulls have had a taste, their hunger is probably running wild and they may very well be able to burst through the 200EMA gate and just above it the 200 SMA wall as well when they retest...