talk about a croc of shizza. if there is one thing i learned from trading, it is this: don't use fancy systems to make good returns. keep it as simple as possible. you don't have to trade. in fact you can always invest and double down when the market is wrong about price. you simply cannot predict price action. trading psychology (if there were such a thing) will...
Looking for a bottom, but a near term target is the GAP fill of 13.
Long at 19 in anticipation of the GAP fill. The stocks appears to have bottomed. Looking to cover the long position around $25.
Believed the GAP would fill, went long at .93 and swung trade this stock to 1.25 today closing the position out.
Although I am not actively trading OIL this is a very interesting chart. From the lows we rallied right into the 50 Dollar area, almost doubled the price since February. The magenta arrows show the impulse legs. So we are right into the last start of the impulse leg from the recent downtrend. Based on the AB=CD we could predict, that the market will give us at...
It's about Quantum Materials Corp. (OTCQB:QTMM) a nanotechnology company that can make copious amounts of quantum dots. If you never heard of a quantum dot you are not alone. The average person doesn't understand, know if you can see them with the naked eye, how they are used or what they even are. Quantum dots are man made crystals 10,000 times smaller than a...
Hey guys!I have not been posting much lately,but I am gonna post a lot more a bit later this year. We are currently testing Major TL on the Daily I am looking to add to my current long positions on Silver at the bullish bat completion area. Plan your trade,trade your plan!Have a nice day!
I think we may have finished retracing for now and heading down. -I want a break and close below the 4h trend-line in blue here -Coincides with fib 0.618 retracement -ABCD Structure in play -We just bumped our heads on major monthly resistance of 1.4000 and held below -A lot of long wicks around the 1.4000 too -Targets as shown -Another reason why we could be...
DXY briefly spiked up before a new collapse. Remember triangle is broken.
GBAUD is on it's way to lower wedge line.
This is an SPX Chart that outlines historical trends and explain what could happen if SPX is consistent in its behavior during a crisis. To be able to predict the future one has to study the past. During the 2000 Internet Bubble & 2007 Financial Crisis S&P 500 shed about 50% of it's Value (in both crisis). And it fell to same support line which is between...
Double (actually triple) bottom detected. If only bullish engulfing pattern in next candle = going long. R:R=5.
Waiting for bearish engulfing candle. That will be good sign to go short to ~0.68, but carefully at the ~0.685. R:R>=1.5.
Waiting for engulfing previous candle (with wick) with actual candle. R:R>=1.5.