Do you ever wonder how banks and hedge funds trade? Ever heard of the contraction and expansion strategy? Please allow to enlighten you. We all know that the market is in consolidation 70% of the time and in lower time frames, those consolidation/Contraction usually happen during the Asian sessions when you are dealing currency pairs such as the EURUSD, GBPUSD,...
On the 4h chart, we have become approximately rangebound by overhead compressing periods between the W 200 SMA - which is where we bounced this past December and was the main support we adhered to and retested repeatedly while forming the bottom in 2015, and the implied pivot for mean reversion on the longest overexpanded period created by the November drop. This...
Hello Everyone! I've also been doing analysis on the COINBASE:LTCBTC however, most of us are trying to grow the amount of $BTC we own. Here is a quick analysis of the COINBASE:LTCBTC pairing: Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on $BTC (myself...
AUDUSD has a few things lining up which I think makes for a good play. If we look for a 3 wave retracement to complete as AB=CD equality, it will hit bang on a long term Fib confluence level. Some further analysis on higher time frames supports the idea that it will then head lower. I might update the idea to show, if anyone is interested.
So, I tried doing as much research into what a backwards Cup & Handle pattern is, or if such a thing is actually a "thing" and just gave up. If anyone has any insight or experience with them, I would love to hear it and learn please. I believe the tariff and trade war narratives are artifically overblown. There is no way two super powers are genuinely going to...
Divergence on MACD and RSI tide-up with pattern looking good.
xauusd in gold we have Two Pitchforks can suppoert the price and pick the price up,also we have fiboextention and expansion that in 200% the price has reacted ,and also we have a support for 1 year ago and is a good one and we can trust it.my idea is long in middle term the first tp is1311 and the sl is breaking the 1236 powerfully,
Here's a quick lesson on how to look at trading ranges with TSLA and FB as an example. Expansion to contraction is an excellent tool to help you go a little further on your trading journey. Learn more by joining the CTP Group. We will teach you how to use charts to do a top down approach on any stock in under 5 minutes just for joining. Look to get 1-4 emails...
Price is high on bigger timeframes and we still are in a triangle formation, BUT there is a long possibility since we are around a price level formed at the 25% RET of the actual range. What matters is taking profits when is time to take profits.
After weeks of doing absolutely nothing, we've finally seen some directional movement on the EURJPY thanks to some ECB stimulus talk this afternoon. This expansion is leading price up to a previous level of structure support which also offers a potential bearish Bat formation as well. Akil I don't know who's more upset about the USA not qualifying for the 2018...
The EURGBP is currently in a state of sideways movement which is called consolidation. Consolidation leads to expansion, so as i analyze this price chart they question that I want to ask myself is IF Price action breakouts out to the ___ side THEN where is it likely to continue to. Doing so will allow me to see if there is enough potential profit (with limited...
W 1 - Price broke below 61.8% and it is now re-testing this level. We are after sells in the longer term. D1 - Trend line, Fibonacci Retracement 23.6% and 61.8% Fibo Expansion, they all come to the same zone. Will that be enough to stop this rally? Let's wait and see. What we know for sure is that we want to pay attention to this level. H4 - Divergence already...
cndt looks good for another push higher with expansion breakout stock made a two month new high with bullish three white soldiers buy stop in with 24hr expiry. its good to trail these trades usually when they go well but with earnings just a hit and run job for me.
The Lower East Side of Manhattan, a gritty precinct once famous for crime, junkies and denizens of punk rock, is about to get its first Target.
with so many earnings this week it's not easy to find breathing space so i'm only really interested in hit and run jobs and lsxmk fits the bill for another expansion breakout buy stop in at 41.03 with 1 day expiry