Big market whale cycles/waves visualisation If you want to learn fishing & how to eat small fishes then click the link below :D www.fishinggames.us
Tax cuts, Reagan, 14% Fed Funds Rates, Desktop Computers, Portfolio Insurance, and Hostile Take Over Stocks
Didn't actively trade this but shows clearly how nice the Renko style is in identifying trend changes. Amazing scalps are possible with scripts and bots.
ZCL and the emotional market cycle. The resemblance to the classical pattern of boom and bust is uncanny. wallstreetjackass.typepad.com The boom manifests itself in 5 wave impulse move. Checkout Elliot Wave Theory. www.babypips.com The bust culminates in a 3 wave correction down to the vicinity of where it all started. If you can identify these patterns in...
I found this particular pattern recurring in every smaller time frame, including the 1 minute candlesticks. After a major correction, this fractal shape ensues. I am going to just leave this here. Obviously, I don't expect this to be accurate one bit. Just a lesson on fractals if it is :)
Parabolic Envelopes generally carry a 50%+ correction phase. Shout-out to www.bitcoinschmitcoin.com for teaching me everything I know today.
BITFINEX:BTCUSD Dear friends, As I have promised, I present you my next weekly training article. Some time ago I started studying harmonic patterns, book by Scott Carney “Harmonic Trading” proved to be very useful. Having studied it thoroughly, I tried to sum up my knowledge and write the summary in a series of article, starting from the present one. Let’s...
The end is near! But it will not be, what many say about a massive devaluation ... No! It is impossible, the behavior of "rational" individuals will always make their value remain high. Now, why do I say the end is near? Pitifully Bitcoin, is no longer a change merchandise and is now becoming a hoarding merchandise. I give you an example; Today you have a...
BTC and BCH charts mirror eachother strongly which shows that people are trading one coin for another to multiply their holdings. Yet Despite BTC's recent growth BCH seems to be holding it's price quite well which means not everyone is dumping their BCH for BTC. Although the price gap between the pair seems to be widening perhaps BTC's growth also helped BCH's...
There are a lot of patterns on the big chart that seem to repeat themselves a couple times. BTC is beyond the paradigm shift in trading. It's mind boggling to see how far it has come and just looking at that near straight line on the overall chart is quite a view. All it takes is one more negative news and tower will collapse.
BULLISH PATTERNS IN TRADING — I will post Bearish Patterns tomorrow.
Hello Traders, In this article, we want to talk about some educational stuff because we see so many people losing in trading. How many months or even years are you in trading? 2 months? 6 months? Or even a year or more? Most of you out there who read this article might try to find out why they make the one-day profits and the other day lose it all again. We did...
Hello Traders, As you guys liked the previous educational part so much we decided to continue with that topic. In picture 1, you can see the interdependence between fear and greed! These characteristics harm us to make good trading decisions and stay calm! This fact is purely based on behaviour finance! This matter of fact is not only within the trader, it...
Above I have listed the multiple stages of a trade. A lot of the time it starts with a great buy, which leads to a logical selling point. Rarely do people go through with this. Why? because humans are full of emotion, which a lot of the time will get the best of us. Even though that sell order should be placed, GREED takes over. We hold on just a while longer...
Investors are cottoning on to the fact that Ripple is jostling for a leading position in the new Internet of Money. But very few know what’s going on under the hood. While most are aware of the difference between Ripple and XRP, anything beyond that gets murky. What Is Ripple/XRP? On the surface, this is simple. XRP is a digital, decentralised, alternative...
BTC // Most emerging technologies follow a specific pattern and parabolic curve until the curve is broken. The first curve was broken after the hack and a new one has formed since then. Now since BTC is the first Global reserve currency NOT dominated by a country Global reserve currencies since 1450 it is hard to estimate how far BTC will go until it breaks this...
By 2023 we will be living in a very different world. Cryptographic money may be common, but the layman will not know that he's using it. This money, however, is not Bitcoin. After years of failing to adapt,to its rapidly advancing technological environment, BTC slowly fizzles out into obsolescence. But the vision of Satoshi is not forgotten. The very meaning of...