Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Selling pressure on alts, buying pressure on bitcoin. I imagine when the panic settles down trends will resume normally. It's currently hard to tell if bitcoin will break out of the range here, despite all the signs pointing to bullish!
The longest over expanded period period's 1.25 standard deviation was crossed and bitcoin has entered its compressionary period to restore the market to a state of potential energy. Trend cannot continue until the 225 period WAVE PM compresses below the 0.7 value, which should result in a sustained sideways move. This will be the beginning of alt season. When...
Hey, been a week since I've uploaded. I go over my thoughts on why this is, theoretically, the top for bitcoin this week. It's certainly been a long month as far as trading goes!
If you've never heard of the Yen 'flash crash' on 3rd Jan 2019 (after a 4 day bank holiday in Japan), you definitely need to watch this. We have a 10-day bank holiday in Japan in Golden Week. The previous mini-crash was on one day. Loads of retail forex traders were wiped out. Now we're staring at potentially something more than a mini-crash on Yen pairs. What...
We've crossed the relevant mean reversion pivots and I'm now expecting full retracement! Buckle up, we're about to get over a month of downtrend.
In this screencast I show two charts where crashes could happen. I focus on Wall Street which - affects markets globally including forex markets. On the weekly time frame US Oil is beginning to struggle at a 61.8% Fib retracement. Wall Street is possibly struggling at an important structure level. A whole lot depends on China. But dig deeper. See the CSI300...
There could be serious trouble just around the corner for the S&P500 and Wall Street. Just don't be an 'April Fool*'. Watch the video. *April fool is figurative language. I'm not describing anybody on Tradingview, or anywhere else.
I'm sorry folks, to be bearer of bad news. Doomsday has struck stockmarkets worldwide twice in the month of March and May historically. Here we are right now starring at a possible third anniversary event - right on our doorstep. The US Stockmarkets that influence the world, is in a nervous state in the last 7 days or so. They're holding the tiger by the tail! Am...
Almost a 1,000 move today.. the crash is over, let the goodtimes continue... :/
In this screencast I review a number of indices: the ACWI, US30, NASDAQ100, India50, Japan225 and SPUBYUP. The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'. The India50 and the Brazil60 are the two main indices, yet to take a nose dive. The India50 is...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Good traders stalk 90% of the time and trade only 10% of time. Quote me. :) :) In this screencast I run through several superhot equities on the monthly time frame. The higher time frames are often the cause of surprises for people' on 15min - 1H time frames. Then the end of the screencast I look at the VIX on the 2 hour time frame for signs of...
Check out video. It looks like mama bear had too much red bull. hehe.
Check video.