People seem to think I have had a negative view of Bitcoin, when actually it's quite the opposite. For one Bitcoin has been very, very kind to me. My first buy was in 2011. So first, let's get one thing straight - the desire for this to go long is there for me! But and it's a big Caveat I have been a professional trader for over 23 years. This side of me...
Controversial. People don't like it when opinions don't align with their own beliefs. It's human nature, however - even when the obvious is smacking them in the face, they still want to reinforce and find support for what is inevitably wrong. I've talked before about the possibility of Government or WEF being behind Bitcoin. It would not surprise me one bit....
I have posted countless posts about Bitcoin, shared educational content many steps of the way. To understand the logic and trade your next big opportunity, you need to have a good feel as to where it has been. More importantly, why it has been there. So, let's start off with the why. I am one of the lucky ones, I first got introduced to Bitcoin in 2011 - just...
I was recently asked about how I got into trading. The follow on questions went something along the lines of "how did you start, what did you trade and so on. This got me thinking of many of the 'notable' trades, some funny events and change of strategies along the way. I thought some of you might find it interesting? So my trading journey actually started a...
The simple answer is AI. Amongst other things, but currently AI is the latest Buzzword on everyone's lips! I recently posted a stream on how you can use chat GPT to make a pinescript indicator (see below) There are so many possibilities with AI and we are still early, very early! NVIDIA stock closed near a trillion-dollar market value this week as shares...
As @Paul_Varcoe posted in his recent post. Keep a cool head here, moon calls are back trending. Take a look at these posts, since we started making posts public. If you want proof then look no further... I had been buying Bitcoin for several years, as a money manager & tech investor. Seeing the move at the end of 2017, it was clear the transition had...
Many people out there like to talk and share "Wyckoff" Information, unfortunately it's not as simple as people make out. Back in 2021 When I called an obvious distribution, it took a couple of months for many of the influencers to catch up. In the March, leading up to the first major all time high 64k levels. The market sentiment was "Re-accumulation" So why...
I recently published a post about the "Wall Street cheat sheet" You can see this play out even over the smaller TF's per Elliott wave cycle. It's all to do with the market sentiment and traders psychology. Us humans, try and find patterns in everything. Whales in the clouds, levels on the charts, even faces in coffee. What you have to appreciate is why these...
Is there any intelligent life in crypto land? People have jumped in this space on the assumption that we are only goin up. This reminds me of a certain film and can be broken down using key character traits. So we have the followers; not doing much, if any analysis for themselves. Instead buying on the hope that Bitcoin & Crypto can only ever go up! This...
Long opportunity targetting the higher part of the channel. Great 1:2 ratio trade
As per plotting of the weekly in Advanced Get - we will update these ideas with daily plots. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will...
What is needed for the crypto industry to thrive? I have been in technology a long time & a trader even longer. I started trading at 15 (nearly 22 years ago now) and become a VC investor in 2014. Bought my first BTC in 2011. And manage funds in and around financial technologies (Fintech). The reason I share this with you, is that I see from experience in both...
Just playing around with @TradingView Features - looking at the "all of BTC History" chart - this got me thinking. What happened in world news and events on the highs and lows? Anything significant or interesting. The one thing I didn't include was the launch of Ethereum. Which was July 30, 2015, encase your wondering. Thought this would be interesting to...
Ethereum nearing a (3) High on the Elliott level weekly. This is a (5) Daily - So I am expecting a little more of a Bullish drive. A decent drop giving us a correction down from the 5th wave daily and into (4 Weekly). Waiting to see the trend's character near the next level high. In Extension terms, it's very near an 11.618. Now we are seeing some professional...
US strength could be the LPSY of the AUD - this means we could get a high to the BC, some rangebound moves and then the drop to around 74000 level. in terms of Elliott, we are either in the 3-4 down or if we get a new high here it will be a fake-out and then down. Disclaimer This idea does not constitute as financial advice. It is for educational purposes...
Supporting the previous post of a DXY move down. I would like to see EU make some new highs up towards the next major zone (in blue). COT data suggest we are currently favouring a long position from both asset managers and leveraged funds. with a 96% bias on the asset managers. The Leverage funds have slowed down the selling of the Euro from mid-Jan. So again,...
Ideal situation - Sunday open with a Gap up. Or Gap down and fill to the upside. Looking for an entry around this level + a few pips above. Testing some key levels. FYI 100% - this is NOT a trade idea for following, just testing behind the scenes. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our...
I have been asked about Bitcoin a fair amount in recent weeks. My first investment in Bitcoin was around $11, If I am honest I wish I had held on to them (not worth thinking about) But back then the Technology was interesting and the investment was worth a shot. Obviously, it paid off and an early exit was regretted. In 2017 our company started investing in...