Academy
26.2.2020 - Ether (ETH / USD)Hi Traders!
Today we're looking at the biggest representative of altcoins - ETH. Ethereum is very interesting for several reasons. In the community, transition from POW (proof of work) to POS (proof of stake) is now quite a hot topic. This change is also believed to be due to many miners gone mining ETC (Ethereum Classic) and that was the main reason for its graceful increase.
However, Ethereum is also interesting for another reason. It's currently in the channel and we can say it's consolidating on the TOP now. We have identified two main zones where ETH can come:
1.
0.382 Fibonacci retracement , where the bottom edge of the channel and even strong support is. Many other altcoins have crossed this line today and continue to decrease, but ETH is still holding. This is the first zone where we would think about buying.
2.
0.618 Fibonacci retracement and in this case, it would be up to around $ 184. Yes, these values are also possible.
We believe that ETH will continue to decline and we've also identified two key zones to monitor. But what if growth comes? In that case, we would wait for ETH to exceed the $ 287 threshold. This is the bullish level that we have to overcome if we want to grow further. Until we overcome it, these targets apply.
May the crypto be with you!
GBPAUD Second Analysis/Idea Via 1M/ProjectionAnalysis of GBPAUD according to the 1M Chart Timeframe.
We can first identify our low for the month, hereafter breaking into an ascending pattern towards our resistance level
@1.918339.
At our first resistance level we can see our ascending consolidation of patterns broken, allowing price to further surge creating bullish exhaustion towards the upside.
If Price is able to extend over our second resistance @2.002689, we can be confident about entering a second BUY position unless price comes back down and breaks our first Resistance level.
However if price looks to decline, we will need to verify our second confirmation of price entering a downtrend position and therefore breaking our Resistance 1 before looking to enter a SELL position.
Fundamentals:
The Australian Dollar hits low considering spike in January unemployment rate from 5.1-5.3%.
Reserve Bank of Australia looks to revisit Australian economic outlook dictating additional guidance.
Overall rate of GBPAUD has potential to hit May 2016 High depicting AUD weakness.
29.1.2020 - Bitcoin (BTC / USD)Hi Traders!
Will it continue to grow until halving? Despite strong resistance, bitcoin has been growing steadily for the last few days. Today we'll present a long-term overview of what's next. Halving is happening on 11.05.2020 and as we can see on the graph, bitcoin can grow well when he wants to.
At the moment, we are above the MA200 on the daily graph and everything indicates that we will continue to grow. Way back, we've also overcome a declining trend line, which is another sign of trend reversal.
Altcoins are also very positive and even grow faster than bitcoin. The mood is turning positive and a number of youtubers and crypto experts from around the world say that we will only continue to grow until halving, as the graph suggests.
From 26.6.2019 to 18.12.2019 we were basically just in decline and therefore a smaller increase would be absolutely fine. Plus, halving is really around the corner, and we don't see any real reason why would people and crypto enthusiasts sell bitcoin before halving. From 11.05.2020, the remuneration for the miners will be halved and people are aware of it. In addition, there are riots in the world, which could boost bitcoin again. We, therefore, perceive long-term progress positively.
May the crypto be with you!
[ALCOA] HOW TO TRADE A CORRECTIVE STRUCTUREGood morning Traders!
This strategy is very simple and clear, it tells us "what to watch, entry, target and stop loss" .
Our idea of technical rebound must be confirmed with a first bullish leg (rally), so if this event does not happen, we will not go looking for a long position. If instead there will be a rally, we will wait for pullback (often around 50%/62%) and we will try to take a long position on the completion of the corrective structure (ABC). Stop Loss below the previous low.
To complete this strategy, you need to calculate an appropriate size (Money Management)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
HOW PENGUINS LOOK AT THE CHARTS THROUGH FIBO PERSPECTIVE? XAU exHello traders,
Some of you are curious how we analyze charts. So we decided to show you an example of Fibo perspective. As you noticed we like to look at the market wisely; not only from one perspective. We use as well other perspectives, simply because we like to know what market can possibly do when scenario change rapidly. :) All concepts combined together are powerful. :)
If you want to learn more about these techniques, check out our Youtube channel.
Thanks for your time.
God bless u all:)
Peace
NEXT EXAMPLE OF HAVING FUN WITH CHARTS.. :) EURJPY 19/11/2019Hello Traders! Witaj!
We would like to introduce u to a funny game.. :)
Chcialbym przedstawic Ci smieszna gre :)
Basically, all u need to do is to collect the hearts and watch for pigs and thunder signs, targets are marked with sign ;)
Zasady sa proste - musisz kolekcjonowac serduszka, uwazac na swinki oraz znaki piorunka.. Posrednie cele sa zaznaczone celownikami.
Heart in the box - a place to jump in/out
Box with eye - observe this spot
Target signs - the first target to focus on
Thunder signs - spot to react - possible jump to push into reversal
PIG in box - places to be aware about possible few different type reactions from this level
Have fun with it, and remember - this game is about the patience and to keep yourself cool, whilst not being greedy.
Don't forget to like it if it was helpful to you. We appreciate the likes and comments.
Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :)
Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!
ANOTHER MAJOR EXPOSED! PLAY WITH AWARENESS :) GBPUSD 19/11/2019Hello Traders! Witaj!
We would like to introduce u to a funny game.. :)
Chcialbym przedstawic Ci smieszna gre :)
Basically, all u need to do is to collect the hearts and watch for pigs and thunder signs, targets are marked with sign ;)
Zasady sa proste - musisz kolekcjonowac serduszka, uwazac na swinki oraz znaki piorunka.. Posrednie cele sa zaznaczone celownikami.
Heart in the box - a place to jump in/out
Box with eye - observe this spot
Target signs - the first target to focus on
Thunder signs - spot to react - possible jump to push into reversal
PIG in box - places to be aware about possible few different type reactions from this level
Have fun with it, and remember - this game is about the patience and to keep yourself cool, whilst not being greedy.
Don't forget to like it if it was helpful to you. We appreciate the likes and comments.
Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :)
Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!
GBPNZD 8/11/2019Hello Traders! Witaj!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
Don't forget to like if it was helpful to you. We appreciate likes and comments.
Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :)
Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!
EURAUD 3/11/2019Hello Traders! Witaj!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
Don't forget to like if it was helpful to you. We appreciate likes and comments.
Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :)
Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!
GBPUSD 31/10/2019
Hello Traders! Witaj!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
CHARTS AGENDA:
BITCOIN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES
MARKED LINES - PREVIOUS ENTRY POINT
BLUE BOX - GAP's
COLOR BOXES - FOCUS POINT TO REACT
Don't forget to like if it was helpful to you. We appreciate likes and comments.
Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :)
Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!
GBPAUD LONG BIAS TO 1.90000REASONS:
-Monthly Timeframe candlestick is bullish
-Weekly Timeframe candlestick is showing sellers exhaustion (wick on the bottom of candle )
-Daily Timeframe , the past 4 candlesticks showing sellers exhaustion (wicks on the bottom of candles)
-Lower Timeframe correlating with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
Positive signal for Euro VS USDMonday morning, great week ahead - unemployment data from Europe, Non-farm from USA. But today more concentration on technical analysis, check pattern bullish Head and Shoulders on EUR - USD currency pier (H1 timeframe). If price will cross T1 trendline- the target will be 1.1023. Be careful as it is Monday and price still can test 1.0905, last week lowest price. In this case formation of bullish double top pattern is possible, if some fundamentals will not push euro down again.
Quite interesting technical analysis on AUD - USDQuite interesting situation on Australian - US dollar currency pier today. Last downtrend channel with T1;T2 trendlines is under pressure to cross T1. Also two important prices for next week, which where formatted during this trading week, resistance level L1 - 0.6809 and support L2 0.6738 . In case if price will cross T1 trendline the target will be L1 resistance. But fundamentally situation is quite complicated, next week is release of non-farm employment change, which will shake markets, also you need to know that Reserve Bank of Australia will publish their derision on Tuesday, we forecast rate cut with 25 basis point, from 1% to 0.75%, third time in this year. So price may drop to 0.6700
What you need to know to trade on USD TRY this week?US dollar fell by 180 pips against Turkish currency during Asia session on Monday. Now you need focus on two main technical aspect of this currency pier. The first - Fibonacci level 23 (5.7410) and pattern triangular (L1-L2 trend lines). Fibonacci level served as quite strong resistance level and pushed price in the pattern. Today price may keep range 5.7080 - 5.7350, crossing of L1 and L2 trend lines will gave us the signal for this week.
AUDSGD 21/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
Here u will find a thought process to identify these spots on chart, where SM stuck with their orders.
We want to play with SM so, we looking for entries (depending of direction) on HEC in 3 spots:
- top of WICK
- top/bottom of BODY candle
- 50% of BODY candle
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :)
BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS
BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGETS
BLUE LINES - ENTRIES WITH SMART MONEY
MITIGATION MOVE - SNIPER ENTRY FOR US
BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES
BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA.
Hopefully u will get some value from this markups;)
GOD BLESS U ALL!
Follow up USD CHF singal Follow up USDCHF technical analysis. Yesterday Sep. 3, we have posted analysis on US - Swiss currency pier, the pattern wedge were broker on Asian session today. This fact is a good signal for short term trend formation - correction of USD bullish period. We have also predicted USD trend correction to major currencies and yesterday US Manufacturing PMI pushed traders, the index dropped from 51.2 to 49.1, lowest since 2017. Actually this data is surprising and paunch to Trumps politics, I will remind you that PMI is the survey of purchasing managers and shows health and power of manufacturing industry. Lets listed to New York Fed president Williams speech today.
USD Short term analysis US currency continuous its rally against major currencies. But based on technical analysis short correction is relevant, for example against CHF you can find pattern wedge on H4 chart, which also is a signal for short US dollar. This week is complicated, keep your attention on US manufacturing PMI release today.
EURUSD - Wait 24 hrs Interesting situation on EURUSD chart today. Fundamentally you need to focus on US-China trade war positive messages, which cause sharp gain of US currency on Friday. Today banks are closed in USA, due to labor day, so markets will be calm after European session. More attention on technical analysis, now EURUSD is trading at 1.0989.
Two main aspects of technical analysis:
1. Pattern Sperandeo on H1 Chart, already crossed 1 resistance trend line, great signal for short term buy till 1.1027.
2. Resistance N1 - 1.1027 (Asia market open on Friday ); Resistance N2 - 1.1068 (Fibo 23) ; Support N1 - 1.0961 (Fibo o.o level); Support N2 - 1.0918 (Fibo 161 level);
Have a successful week.