Navigating the currency markets can be complex, but arming oneself with simple euro trading strategies can provide a clear path through the volatility. This article unpacks straightforward methods designed specifically for trading the euro, offering clarity and practical steps for both novice and seasoned traders looking to refine their approach to this...
After a series of bearish breakouts from the pattern resembling a triangle on the hourly chart, Bitcoin kicked off the new year on a bullish note and skyrocketed through its upper bound. By doing so, it established a new high at $45,532. Yet, despite this being a bullish development, a few things continue to ring an alarm bell for us. Last week, we noted that...
*Important - Once the majority bashes crypto and calls it a scam calling for lower targets (like how many did in 2018 and missed out), that is when I will be all in! (In this post, Dumb Money were bashing on crypto, and they end up missing out on huge opportunity!. Check out the “Capitulation” phase shown on the comments.
Once dumb money becomes bullish, that...
Bitcoin continues to gyrate within the Wave 4 price structure, which implies there is one more leg higher before probability favors a broader correction. Along with that, there is a buy signal in effect now (the break of the 42,600 inside bar high). This signal appears at a relevant level (off 40K support) and IF momentum follows through, has potential to test the...
First of all… happy new year to all traders, globally!
As the year comes to an end, and the new year begins, it’s time to join us in reviewing the top trades that defined our unforgettable year together. Marked by a historic market recovery across various global asset classes, including stocks, cryptocurrencies, and bonds, 2023 has been a memorable year for all...
Russel 2000 has currently reached is standard 2 deviation as a comparison to the pricing of s&p.
What this means is that currently the S&P price has increased so much over the Russel that recently it has deviated from it average +2 standard deviations.
At some point in time price will inevitably return to its average.
This could mean one of two things.
The s&p...
🔹 INTRODUCTION
A prevalent saying in the trading world is that you need high volatility to make money in the markets. However, this statement needs to be more accurate. While high volatility is, in fact, necessary, it is very much based on perspective, and there are many cases where an extremely volatile market will be your downfall.
🔹 UNDERSTANDING THE...
Hello Everyone,
Welcome back to "Thinking in Pine" short video series. In this session, we have discussed few special cases of time series variables and using historical operator within local scope.
If you have not watched our previous video - "Thinking in Pine - Time Series" , request you to do that before continuing this video.
🎲 Summary of our today's...
When traditional markets sense optimism, crypto markets go straight to the moon. Bitcoin (“BTC”) has been on a tear this year supported by hopes of spot BTC ETF launch, rising regulatory clarity, and monetary policy easing. When BTC sentiment turns bullish, it leads to sharp outperformance in digital asset-linked stocks as noted previously.
Coinbase is a top...
Bitcoin appears to be consolidating in a bull pennant. I have not checked the chart in over a week as I have been on vacation, and little has changed - including the price.
A pennant has a descending resistance and ascending support. Remember, this can easily turn into a flag, a descending parallel channel. For that to happens, support breaks... people get...
Solana Is the Fourth Largest Cryptocurrency by Capitalisation. But for How Long?
2023 turned out to be a good year for cryptocurrencies, especially given the depressing mood that reigned at the end of 2022.
From the beginning of 2023:
→ Bitcoin increased in price by more than 150% – including due to rumours related to the approval of applications for a...
Circle is the most perfect of shapes. It optimizes its area perfectly. An architectural marvel with no point of failure. And it is unique. All circles are similar to each other. Some small, other large. In the end identical.
Cycle is the Hellenic word of Circle.
I purposefully call it "Hellenic" instead of "Greek"
Market cycles are just that, cycles/circles....
Introduction to Bitcoin Futures
Bitcoin, the pioneering digital asset, has carved a niche in the financial markets with its futures contracts. Bitcoin Futures provide traders and investors a regulated avenue to speculate on the price of Bitcoin without holding the actual cryptocurrency. This article delves into a quantitative analysis to analyze the next week's...
This is our first video session on "Thinking in Pine" series. Before we start, we want to explain a bit about our new initiative.
🎲 What is "Thinking in Pine"?
In our journey to empower the trading community, we're excited to introduce "Thinking in Pine," a series of concise, 5-10 minute videos dedicated to unraveling the complexities of Pine Script®. We have...
Happy holidays and merry Christmas, traders.
With only a few days remaining in 2023, now is the time to rejuvenate, reflect on all the things markets threw at us, and plan for the start of a new year.
Do your research, study up, and be ready.
We've also got a few things to show you next year, so stay tuned 💪
Look first, then leap.
Once you mature in trading and become a consistently profitable trader, the question arises: are you ready to trade full time?
Becoming a full time trade is a very significant step and my things must be taken into consideration before you make it.
✨ Becoming a full time trader implies that you quit your current job, that you give up a stable income - your...
Welcome to this two-part series on Harmonics! In this first instalment, we'll delve into the foundational concept of the Measured Move using the ABCD pattern. Understanding this essential structure lays the groundwork for precise trading decisions based on harmonic principles.
Introducing the ABCD Pattern
Price action in any market and on all timeframes tends...
Today we delve into the fascinating world of Fibonacci Channels, a powerful tool for traders looking to identify potential non-horizontal support and resistance levels in the market.
Throughout the video, we provide a step-by-step guide on how to place Fibonacci Channels on price charts, allowing you to visualize and understand their significance in identifying...
