POTENTIAL DOUBLE BOT PAIR: NZD/CAD TIME-FRAME: 4 HOUR PATTERN: DOUBLE BOT @ (Heavy Structure) Stops + Targets are in place NOTE: These are potential patterns. Please re-analyse the trade before trading. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com
i'll posting my bot entries.. as of now here.. lets see if it works nice over next month(s) This is a demo acount... no real money is traded.. just testing out the bot
We will start scalping on the EURUSD from the 1.12500 short with our EA. Our target is 1.10, what is critical and strong support. Breaking above 1.14 invalidates short selling. Happy trading!
Hello all, I thought I would take some time to bring this community up to speed with my perception of BTCe's current price action and my expectations going forward. As regular readers of my blog and viewers of my videos will no doubt already know, I was on the verge of taking a long position in BTCe with a nice move through the $629.60 level. Of course, that move...
Hello all, as I pour over the charts this morning, I see lots of potential going forward. It has only been a few days since exiting our last setup and the market is starting to offer new ones for consideration. I think I mentioned we had a nice double bottom to work off of recently and as one can see from the 4hour chart, that has hit its 50% objective. It...
Hello all, A trader's journey is one of self discovery. Learning to identify and then appropriately trade 'setups' is really about finding what you are comfortable with. It took me many years of self discover to find what works for me as I am sure it has for you. To that end, I found one model that I really like and it is my privilege to bring it to your...
Hello all, On the heels of some dramatic price action of late, it is both encouraging and interesting to see the broader Bitcoin community come alive again with activity. Interest in learning Technical analysis is palatable and it really makes what I do fun. While I have considered myself a 'student-of-the-market' for more than 20 years, I have only been following...
Hello all, after publishing my daily views on BTC (finex) someone asked me to look a the lower time frames and so I have spent some time looking at them in earnest. I haven't made too much reference to it of late (because I simply do not have the capital to consider day trading) but I see an old familiar friend jump out at me when I look these lower time frame...
I haven't posted much on Bitcoin as much of late as I have been put to sleep waiting for my OTE long zone bids to be filled. It has been an arduous wait but as price has moved slowly lower, the wisdom of patients has been so far accurate. Having said that, Bitcoin has enjoyed a rather nice bounce off the 419.40 level for going on the past 100 hours. So much so we...
After taking some time to lick my self inflicted day-trading wounds I have slowly brought my trading plan in fous and have resolved to get back on track. With recent loses in mind, I took a step back, re-wrote my trading plan and committed myself to the plan. I woke today with the thoughts of playing a rally out of the Euro close into weekly options expiry - I...
Today was not a good day for me day trading Crude Oil. I find it very helpful when i write up these publications as it helps me see where I made my mistakes and hopefully I correct poor behavior. So indulge me here as I walk you through how I ended up losing $330 on the day (sim). .Because of the holiday atmosphere (and roll issues relating to May contract...
Here is a great example of The BoT in action in a shorting situation. BTCE had just rallied back into an OTE short zone on the higher time frame charts (and was quickly rejected) so a pullback was to be expected. The BoT came alive when prices moved from 440 down into the 407 area and then rebounded back to 430 area. Looking for an ab=cd price pattern...
If you believe the weekly trend has turned higher on Crude then one way to play the higher time frame trade is with The BoT. Here we ought to be long currently from 100.83 with stops still at 97.34. Should we hit 104.33 we can then move our stop to just under our original entry. Lets see if the current bull rally can hit that level. Regardless, that bullish ab=cd...
Here is a really nice example of the BoT in action. Price had been basing through the overnight session as a wide double bottom was confirmed through the pre-pit open. That bottom setup long ideas and sure enough the BoT came alive when prices corrected to 103.26. I watched price action closely and was very fortunate to act when given the opportunity (wtg Brian). ...