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Billionaire

3% Possible Gains in the Daily Bounce!As you can see in my link about my previous weekly idea we will have a month of bear cycles, according to weekly Stochastic at risky levels. In this same link you see that I estimate a 30-35% correction. Obviously the price wont get the correction in one single candle, but I am planning to profit from the bounce up every time the market dumps. Please don’t forget to thumbs up and follow for more analysis like this. On average market make anywhere from 5-7% partial dumps before they consolidate again and dump or pump thereafter. My strategy is first to locate the nearest historical support level (in this case 97.33) I could hedge this short position by going long with my 25% of my total order, however since I am sure that the market will keep on correcting in the mid-term I will not rush to risk myself because even if it pumps a little it will definitely not change the longer timeframe 3 weeks from now. In this daily chart I am expecting a dump anytime from now up to the next 2 days. I will place 75% of my order at the blue line (nearest historical support level), which coincidentally reflects a 5-7% partial correction. The other 25% of the order will be placed just right at the EMA line, at 93.7. MACD already showing negative momentum and daily Stochastic is at levels where a reversal is a more plausible scenario (instead of just oscillating at the top of the Stochastic line) As soon as the orders fill my sell orders will be automatically placed at $99 LTC/USDT. Thank you. Please comment your thoughts!
Short
by Cincottitrader
25th July 2016 - why I am not a billionaire! Yep - 25th July 2016 - I was asleep. So I missed my chance! LOL. If I had bet on the USD against the Argentine Peso going long, I would probably now be sunning out somewhere in the Maldives instead of hanging out on Tradingview! Chuckle chuckle! I'm throwing this educational post up, only because I wanted to show that there are so many opportunities out there, that it is impossible for one person to find the most important ones. I think Tradingview's community is an excellent place for people to share opportunities when they find them early enough. The great thing is that we're not competing with each other. We have a 'common enemy' or 'common cash cow' - which ever way you wanna see it. This is a call to arms for all traders to cooperate and share more. Let's get richer together! Best wishes.
Education
by Captain_Walker
1
Double Top UJ | R/R 4.15 | MASSIVE 40 pip profitsOn significant resistance level - FX:USDJPY 40 pips in 4.5 hours Doji and a following Bearish hanging man - could have entered here, little riskier but better RR Also could have entered after the Bearish engulfing / completion of evening star after market has shown you were momentum is going at either entry point, very little draw down . much easier to trade with less draw down :) M double top (easier to see with the zigzag) NY DROP for 40 pips Risk Reward very nice taking it down to the next major zone No fancy indicators, just price action and market structure
by beank1
Can XRP keep up the pace? Co-founder already a multi billionaireRipple is cooling down but signals still look bullish, except of bearish divergence on RSI. This are the things I'll be looking for as potential entry levels: - bounce at current levels (fib + tenkan + BB SMA) - test the previous top at 2.3$ + pitcfork - if we go lower I expect a test of 2$ level (fib + EMA + kijun) Keeping an eye on Stoch RSI which is already quite low and may reverse. Breaking lower would mean change of the current trend, and we could reach 1.6$ (cloud) and 1.3$ (cloud, fib and EMA) levels. Watch for profit takers: People getting rich on XRP: markets.businessinsider.com
BITFINEX:XRPUSD
by Tadej