Last portion of historical data covered here, this is the analysis for the bear market since the 2013 top. Mad props to @timwest for coming up with this methodology/witchcraft... Cheers, Ivan Labrie.
In this chart I'm illustrating a few trading setups that took place in $MCD following each earnings report for a year. The indicators you see in the chart are 'Average True Range' and 'Earnings Price Support' from @timwest's 'Key Hidden Levels' indicator pack. Every time a company reports earnings, analysts, investors, portfolio managers, traders, you name...
Very interesting how these trends panned out, with a more complete data set we can see that a target zone between 950 and 1850 was established as a potential topping zone well in advance while the price was close to $100... Time @ mode analysis of multiple timeframes, using the system's rules would have let you ride most profitable segments of the trend and avoid...
I'll cover all the main weekly, monthly, and bimonthly trends in $BTC, using the $BLX chart, which very interestingly contains historical data older than what Bitstamp offered until now at Tradingview. Great addition! You can see how the trends work, and how Time @ Mode would have let you ride them all with great precision, and specially, told you 'when to fold...
I think it's a good time to reevaluate divesting from crypto once again. We have considerable risks, yet no one even bothers thinking about them. Anyone aware of fundamentals knows that we can see some nasty scenarios in the coming weeks and months. I would reccomend taking a break from crypto, and for instance, holding only 25% of your capital in it, be it in the...
In this chart I graph the Aussie dollar in an alternative way. I've hidden the bars and I'm only showing weekly ranges, daily closes and lines corresponding to key levels, both from the options expirations and from other key fundamental events, like the last rate cut in the Aussie and Brexit. The key take away is: people think in levels. People don't think in...
I decided to expand on my gold analysis with the help of rgmov and neowave concepts. I think that the monthly downtrend is still valid, and that we will visit the projected target at 913.82 in time, which might validate the wave count on chart. I entered a pending order and got filled for a short at 1129.15, and SL at 1140.56, and also entered a sell stop at...