Willscubatrader

Willscubatrader

After a pretty good earnings report McDonalds has been correcting a little. The big question is if it will stay above its 200MA on the daily. We also have a couple of very important points on the pivot points as we are coming to the pivot level along with one of the last Support level. We are showing some pretty high numbers on the Stochtastics so looking a...

Willscubatrader

Just a very quick chart I rounded up this morning. I’ve marked out the 200MA as we keep coming close to it but then running out of steam the closer we get.... Last month we hit the solid R4 mark and bounced off it relatively hard. I’ve just closed one of my positions, to get back in on an order along S1 at 9100 - taking into account the spread that I have to...

Willscubatrader

After closing out our current CFD positions in a fairly good green for the week the charts are showing a retractment is in order and the Stochtastics are showing a very over bought on the daily chart.

Willscubatrader

NYSE:DPS DPS is right hovering on its pivot point at the moment and the next few days are imperative to the trend. After reported pretty good earnings report the other day there has been some profit taking but since then with its sideways movement I have decided to close all positions in th green and set orders at lower rates as I think we could see a firm...

Willscubatrader

After revealing the earnings report, there has been a bearish sentiment on it in the opening hours. Seems that the share holders out there still like Coca-Cola in bottles (something that KO is abandoning). Even though the earnings is in line with estimates it seems the profit takers are out there along with maybe a few bears that has helped the value be pushed...

Willscubatrader Updated 

Good afternoon everyone! Well what an interesting time it has been over the past 24hrs in the crypto world! After the mystery bogie man snuck up and bought a huge amount of Bitcoin stirring up a FOMO frenzy we saw a huge jump in volume and price! This could very well be a red herring and once the roll over starts those that bought on the way up may decided to...

Willscubatrader

Looking at the big picture still doesnt look good for the BULLS! If you take out the red herring of the big investment that got the one day big break out then we are still firmly in an unwind and didn’t manage to break the Pivot point on the daily charts, so could still see further unwinding on Bitcoin. We have a small trading volume in the green today but...

Willscubatrader

After seeing this time and time again, its screaming that its a bull trap and have used this oppotunity to reload some of my short trades. If we break and hold above the 7.5k mark I may consider closing a couple of my shorts in the red but I really dont see us holding this rate of growth and uptick. See you all on the other side ;)

Willscubatrader

Good afternoon and good morning! Here we have a chart of the DJ30; I’ve filled in the possible ghost track that it could take over the next few days and marked out to where we could be heading to. Even with all the noise from the Whitehouse about strikes in Syria, its seems like the markets have recovered somewhat as they are getting more and more used to...

Willscubatrader

This is one of my shorter time scale predictions heading into the earnings reports coming up. With all the volatility we have managed to open a couple of more postions during the beginning of the week that are already in the green, these are set with a x1 leverage on our PI profile on eToro (Willscuba). We currently have a reducing wedge but have seen some...

Willscubatrader

Even though there has been some sideways movement over the past couple of days we can still see from the very low volume that the bears are still in control and outweigh the bullish sentiment by some margin. I believe that we wont start to see any really strong support for the bulls until we hit 5K. Because of the spread that is on eToro I have set my SHORT...

Willscubatrader

As bitcoin is being slightly more stubborn that on my last chart, here’s the next one that lends itself to a bit longer timescale. On the chart I have marked out the increasing area of resistance around the 7.2k mark. I believe that we will see this tested more over the coming days, but untimately will retest the 6k before the 7.2k mark is broken -but even then...

Willscubatrader

Welcome to my first post here on TradingView. Its been a long time coming but with having so many followers on eToro along with copiers ever curious about how I get to my trading decisions I thought I’d better start sharing what I look for and how well the predictions pan out. This is one of my unusually short term predictions on the 4hr chart of bitcoin and...