Remember the Silent Planet? I promissed to repost, and here we are! Under 2650 was a good reentry i gess. I will wait breakout in 3000 to buy a bit more. No music for this one, because its just a repost of the last Mercury idea... Don't cry, fellas! TPs: TP1 - 3240 TP2 - 3450 TP3 - 3680 TP4 - 3940 TP5 - 4200 Fibbos 23.6 (3685) and 38.2 (4830) are very...
Bitcoin: BTCUSD Breakout to upside today is very bullish. Bitcoin bulls are back in control. Look to follow the break and buy the next dip if not already long.
S&P 500 Index SPX This chart shows an island reversal at the top, created by the first exhaustion gap atth etop of the chart, followed by a continuation or breakaway gap which led into yesterday's waterfall decline. we wer e looking for a decline to 2607 - the low was 2593, some 14 points out. Close but no cigar. As with the Dow this index has collapsed 10%...
Dow Jones Industrial Average DJI Back to buying the dips Yesterday the Dow completed a 10% drop from the high (10% off the top is 23956, the low was 23923.8, just 0.5 of one point from the support line at 23924. An 11% drop would be 23690 - there is another fixed support line at 23613, just 77 points lower. This line line should be the limit of any further...
Hey cryptomaniacs, it`s time to recall the past and take a look of that sweet "crash" we had. Bitcoin is slowly waking up from unconsciousness and starts to pratice for the next marathon. He obviously had a mental breakdown caused by the fame and need of society. Yea.. I know we can`t really understand this. But every celebrity has to deal with this and...
Bitcoin BTCUSD If stopped out on the break below the first support at 11385 it means a small win of a couple of hundred points overnight. This is the reason we use stops. But Bitcoin is back in the buy zone and looks good to buy again ay 10600 and down to 10500 on any dips from here with a stop below 10450 there is 5000 to 9000 points of upside potential and...
ETHUSD. Update Bitcoin is breaking down and is likely to retest the lows - this will bring down every Alt in its wake. Close out any longs and consider getting short for retest of 551-546 at leat and more likely 488-481 and possibly 447. Get liquid or short and be ready to buy again when it's down on its lows again Suggest selling ALL Alts ready to buy back...
BTGUSD BTG took over from BCH at around 11pm est - as BCH topped out BTG took on the baton and ran higher and higer for the next 5 hours as BCH headed back south. The patterns are similar on both charts, both tracking within a series of parallels, a sell off the top pair and and a buy off the lower pair. It's ahving a problem at 305 and looks like it has to...
BTC Pushing the top -> Reaching for the high's prior to the futures trading I anticipate futures trading launching December 5th 2017 to create a third dimension of the market. It will create a flotation device for armature traders. You will be able to know what the market will do based on another indicator. This will also introduce an institutional outlook to...
BCHUSD This short back to 1178-1123 range was going OK until that horrible spike around 19.30 GMT which stopped us out for rather sad 110 to 160 point profit when there was so much more downside left here. Still, we went long again at 1178-1123 range with a low at 1125 so no stops were hit in the final flush we were looking for. Sadly, have been so caught up in...
Bitcoin Update Can buy this when it breaks out of the upper parallel ....14594 is holding...can buy off here with stop below by 20 points for small loss if wrong or when it breaks the upper parallel ...try on 5 minut chart..will not upload less than 15 minute chart
ETHUSD Eth has popped the upper parallel and has now come back to support at 410 offering a place to get long with a stop just under 409 for small loss if wrong from here
BTGUSD Back in buy zone at 306-300 Longs should have closed out at the 320 target and now BTG is back in the buy zone at 306-300 range -it can potentially spike down to the lower parallel at worst before the rally resumes. Look to accumulate on weakness with stops placed below the parallel or can try at 306 with very tight stop at 303 for small loss if wrong from...
Brent Crude Oil UKOIL Back in the Buy zone Well the stop on the short from 63.77 never got hit and Brent duly came off back to the first target at 63.10 for a small 65 pip win - but should have held it longer as it then went on to test the lower parallel of the flag, bang on 62.17 support at the same point in time, and has since rallied much more strongly...
BTGUSD Was banned for 24 hours for posting a text wall yesterday so was unable to update this - which was a pity because that little continuation pattern running down the parallel when we left it was so well defined, just backing and filling - it needed a new line over the highs as it ran down the parallel to redefine the perfect trigger for beakout... and when...
BCHUSD Buy dips again but keep an eye on Bitcoin This produced one of those perfect breaks today that all traders love...the trigger was a break above the smaller continuation pattern back down towards the lows at 1400 - the minimum target was 240-258 points higher at 1620-1638. The high of the day was 1638. How many managed that? Top trader today if you did!...
ETHUSD ETHis back in the buy zone - look to buy on dips or put an order in and go fishing - how deep to lay the bait? 413 with stops below 409. And then a long shot at 392. Old bull/young bull - again...to chase or to wait and let the cow come to you (in this tale of mixed metaphors, it's late) - old bull will sling an order in at 392 and if it gets hit...