The tape was clear, the price wanted to go up. You can see al prediction tweeted in the charts. I was not ready to trade because I have some things to do out of home, I just gave my targets, but when I get back I saw the markets conditions and I just could not resist and I enter long at 4468 and close my last contract at 4500. As some point during the day I was...
Today we are going to discuss the Livermore Cylinder an accumulation patter first identified by Jesse Livermore a Legend in the trading industry as he for the most part is the reason we are all here today doing TA. You will get a little history, a little TA knowledge, a nice chart to help with your DD and some education on the fundamentals of this accumulation...
Hello.
I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point.
We have a double back test from previous resistance.
One long term finding support from previous bottom resistance
Another short term indicating another possible reversal.
RSI is showing momentum is about to break the current downward trend
Current...
Hello trading army I hope everyone is doing good and taking care of themselves 😇
Today let's talk about the Giant itself Bitcoin the great
Bitcoin is currently trading in Uptrend on 4hr timeframe, price action wise trend is looking good but only concern I have is volumes are missing 🧐
volumes play very important role in trend and they should not be ignored.
okay...
Hello tradingview army i hope everyone is doing good and taking care of themselves 😇
Here is priceaction analysis of EPS/USDT on 4HR time frame ... i tried to explain everything in chart itself , if you like the analysis please give a thumbs up 😇
Hello tradingview army, I hope everyone is doing good and taking care of themselves 😇
Lets talk about DIA/USDT today, As you can see in the chart DIA is trading in broadening wedge which is nothing but Accumulation cylinder of legendary trader jesse livermore
Right now price is in a accumulation zone , if price go as a pattern we will able to see a massive...
Hello tradingview army, I hope everyone is doing good and taking care of themselves 😇
so lets talks on aave today
AAVE/USDT this giant is sleeping for months now ... This time its should break the supply zone and continue its dream run , I would like to buy breakout+ pullback on this one at 494 , eying 700 as target
Dent looks like accumulation at supply zone going on, volume profile at fixed range also suggest the same , as the POC( point of control ) also comes at same level , looks like weak hands are getting exchanged with strong ones .
volume study shows that with increase in price volume also increased which is bullish sign , now when price is consolidating volume is...
Wanted to pay attention to the gold position at the moment.
As you can see on the chart, there is a difference between a clean breakout VS, not a clean breakout.
In Jesse Livermore terms:
Clean breakout = "The stock is acting right"
Not clean breakout = "The stock is Not acting right" ===> WARNING SIGNAL according to Livermore system --> you need to watch...
I think the general consensus is still to buy the dip. You will see 18K this year I do believe. We are way over due for a recession, quantitative easing wont save us forever. Our biggest trading partner is a ponzi scheme and sick with corona... but this is only speculation and by no means financial advice.
FX:EURJPY
EURJPY is my favorite pair. It pair draws beauty structures that only the trained eye can see.
Price is broken a dynamic rank strongly.
I propose two posibles stages. I am inclined by short position but keep your mind flexible. Just read the momentum of the market.
Jesse Livermore Old style trading, no indicators required.
FX:USDJPY
Beautiful and clean structures for USDJPY.
We have to be patient and wait for the broke of the 15M Rank .
It going to be a great trade if you wait for the rights movements.
Old Style Trading - No indicators required
FX:EURUSD
Jesse Livermore old style trading. No indicators.
Price describe ascend breakout mode, it could break the dynamic level offering a 3:1 ratio opportunity.
Price doesn't broke the last minimum the downtrend movement was weak.
Rally has strong yet
This is a trade for pick profits during the London and NY sessions trading in H1 timeframes.
