Congratulations to everyone who followed my trade. If you would had followed my previous trade, you should be enjoying around 40% profit. As I wrote before, it's time to analyse the market again and start looking for a new trade. I have drawn a Bull Flag pattern, which is the most bullish scenario that can happen for NLG/BTC. If the bull flag pattern follows...
keeping it simple. This is high risk reward. Looks to be respecting this wedge, and has slight positive momentum. They just released their game app a few months ago, and seem to be working with cartoon network. and once earnings come in for the quarter with the new numbers, this may jump. We have a daily squeeze, waiting for the pop, loading a small position...
Earlier I posted about the formation of this symmetrical triangle. As of right now we are trading on the .236 and the edge of that triangle. Failure to support at this level will result in $6000 possibly $5300. I find this rather difficult to believe it will happen. This trend has been very strong. That mixed with the thin Ichi cloud approaching makes me lean...
Considering your risk is something that all investors and traders should do before trading or investing in any stock. Often when a stock displays this much risk on the long- and intermediate-term time frames, it also warns of risk for short-term trading as well. The Weekly Chart provides better perspective of the risk of buying the stock at this new all-time high...
Quick counter-trend attempt in EURAUD to hedge my short AUD positions as well. Shorted this pair with tight SL near last Friday's high and TP at -61.8 old fib level (but most likely will move my SL or manually close if price indeed drops as expected then suddenly start to show reversal at 0 fib level (yellow marker). Daily: Weekly: Confidence: C (because...
Since the low point of around $6,750, BTC has started moving up and is producing an interesting Short-term buy opportunity. It is likely not going to drop any more, at least in the short term. For any cavalier investors that don't mind high-risk scenarios, this situation presents an interesting way of wading back into the water of a BTC long. We will check...
The negative news will drag it down (give or take 40%). I think the news will be positive. My swing position will be no more than 1-2K. Remember to set a target and take the profit when you swing or day trade.
Read the box, read my comments, especially read my status. I will probably post smaller time frame graph to keep this one updated. Enjoy trading, don't risk more than you are willing to lose.
As we all look to crush this financial opportunity in Cryptocurrency, it's always beneficial to open your mind to other strategies. In this post I'll show you my altcoin strategy for a coin with a smaller market cap (around $50M) which have the potential to give high % returns. Firstly, we see that this coin has had a run to the 27th Nov and has retraced back to...
I'm just curious on how this is going to turn out, I could see a few different possibilities
These are some of the short term high risk shares that I came up with. What do you guys think?
I bought GBPJPY the last week of August/ first week of September. I've been selling it all month, expecting it to hit 129.400 again (hoping price continues to fall past it as well, but well see). 68/69 trades have been closed in profit across two accounts. While taking profits on one account the other was left to run, so there are 7 active trades in drawdown,...
Oversold RSI, Bearish harmonic pattern. declining MAC D and KST. TP: 43.4 else main uptrend line for safety
Around an old support level so its worth a look, but this is a downtrend and prior gaps were not filled.
On CADJPY pair market did #doubletop with almost same price level. This two top highs is Elliott wave correction end with wave C and continuation lower wave 2. Double top is made piercing and closing below possibly strong resistance zone at price ~93.000 confirmed by Fibonacci retracement of 38.6%. If price goes lower with confirmation of down side move, it could...