Easymoney
XMR Long Position If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
– Satoshi Nakamoto
Was planning on taking some time off charting - but I had another softball for you guys. Scaling in now with smaller relative positions in case alts go parabolic before we reach t2.
- Hoodchef xx
Are you ready? CHZCHZ trend - I have taken a position here.
There are only patterns, patterns on top of patterns, patterns that affect other patterns. Patterns hidden by patterns. Patterns within patterns.
If you watch close, history does nothing but repeat itself.
What we call chaos is just patterns we haven't recognized. What we call random is just patterns we can't decipher. what we can't understand we call nonsense. What we can't read we call gibberish.
There is no free will.
There are no variables.”
― Chuck Palahniuk, Survivor
Don't forget.
Hoodchef - xx
GANN Theory Finally Completed StrategyI took a couple of months off to read a book i found on Amazon on Andrew Gann the inventor of GANN theory. After finishing his article i theorized that it could be transformed in these modern times. This will a Membership to perform, Alerts mean allot to people that want to automate the thought process behind this. Please note that i am not a paid person posting this, i been trading for 16 years ever since i graduated from High School, I went to college to understand Pattern Recognition. Believe it or not there is a pattern to every aspect of our Lives.
I have the MTF Support and Resistance from Annan Set to Daily .
Poor Mans Volume Profile ___ this is critical for plotting the GANN BOX onto the Charts with little to no thought process.
To plot the GANN BOX (not the GANN fix Box or the GANN angles) You are taking the Gann Box Placing it on the Poor Mans Volume Profile DAILY chart. For an Uptrend you go UP 2 and right 2 , you'll understand when you plot it. For Down Trend down 2 right 2 . Sideways (rangebound) oddly special one. Up 1 Right 2 Down 1 Right 2 . When your plotting on the charts LOCK the Gann on the chart. I use Daily Right 2 because i set it at the beginning of the MONTH and its good for until the NEXT month. you set alerts on the GANN FIB LINES. (ENTRYS) BASED... If you are having issues with plotting this LET ME KNOW... its gets very automated when you plotting it. The Poor Mans Volume Profile takes the calculations out of the picture.
Posting a picture of the Points your going up or down 2.
How you Plot it on the Poor Mans Volume Profile. last step is to LOCK it on the Daily CHART.
Alerts need to the be set on the 2 of the Gann Lines. ( set to Crossing ) Subscription premium allow you to set an unexpired alert. If you want to Swing with this strategy. You have to do something different by Anchoring on the Weekly and trading on the 30 min or 1hr you can swing with this. But as yourself are you going to swing or are you going to Day-trade this.
Stop loss is a very touchie subject that everyone should think about doing... Personally i use 4 different methods Count 5 bars back, last Swing point, or Halfway between the two fibs of entry. if i am feeling lucky just on the other side of the Fib Entry point. * the Lucky part of this one is if it goes bad you have a very LOW LOW risk of loosing allot of hard earned capital. Generally I will use the 5 bars back method.
CM- Slingshot set to Conservative.
Next 2 will be the Exits on the Trades and Indicators to take the Trade.
DYNAMIC RSI - DRSI for short just tweak the color on this one, from DreadBlitz. ____
MTF RSI from Chris Moody 14 70 30 D D 30 ___ set a color where you can see the MidPoint.
NOTE: When Entering you are looking at the Chart___ when it crosses the GANN FIB line. after the Bar completes, look at the DRSI and MTF RSI midpoint cross. (after the Cross has Happen and you can Confirm it on both u can now Enter the Trade.)
The exit point is when the DRSI goes Solid Filled color, secondly this effect will be happening on the MTF RSI.
I take all of my trades on the 15min timeframe with an Anchor on the Daily Chart. Anchor meaning MTF MTF MTF MTF all of them are set to the daily. I want to make thoughtful readings based on the Daily Overall proceedings of the market direction.
DKNG headed back to the $60'sMy projection is based on previous moves from higher lows to higher highs. In an trending market DKNG moves 20-30% from the higher low to the higher high in 7-10 trading days, then retraces for 2-4 days to make a higher low. My forecast is $63+ by Sept 3rd. Buying Sept 10th ATM calls when DKNG retraces and touches the trend line. Football season will be kicking off Sept 9th which should a positive catalyst. Has no impact on my analysis but doesn't hurt to have tailwinds behind a thesis.
Easy profit on AXS on the next few daysAXS is going to go up in the next few days, I’m expecting the prices to fall down, I have already a long order at 41.01 SL at 37.48 and just placed another Long order at 39.34 (Just in case) TP is placed at 47.45 We can expect the prices to go even higher but the volume is low in comparison with the volume of week ago.
Ok. Pfizer is going NUTS! 🚀🚀🚀Nothing is more profitable than fear.
I think Pfizer profits have doubled by Q2 and it's getting even crazier, way crazier.
The whole west is throwing money at them with government and most urbanites in total fear.
They don't even care how much it costs. Destroy a country? Lose 10% of GDP? They don't care, just name your price.
Take AMZN for example. Went vertical, retested ATH, then to the moon.
In the short term (2-3 months or even less) it can be really profitable.
Who cares if Pfizer gets destroyed by crowds after we made our money?
It won't happen overnight (probably).
Here it's different from Amazon there is no reason for the company to trend for years (for now).
It's really short term with the hysterical fear pushing profits to incredible levels.
Share prices have a tendency to retrace after breaking ATH, once again, profitable in the short term.
I'm not stock trader but here it is really juicy. I'm sure there are similar examples?
Price just going vertical... 1999 bubble for sure...
I am not experienced enough but I assume it always or almost always retests ATH
I'm sure it's possible Pfizer just goes vertical, the noob bagholding investors as always will want to greedily snatch their profits the moment they see some green and cause a pullback but euphoria could absorb the selling.
Something like that....
Consolidation...
And again...
Got to check my favorite example
Moderna for 2 years has simply been in a beautiful trend, a work of art.
And it is up more than 1000% since 2020.
Some to compare moderna to:
Other cool trends
US30 / DowJones Hello IJackGang, I Wanted to talk to you all about Us30 and how we see she has been consolidating for the past 7 days, usually after a consolidation phase its usually followed by a big movement. So considering that analysis all we would really have to do to have a clear confirmation is to trap that consolidation period in a Block/Square piece.
All wed have to wait for now on the 4 hour is for price to break out of the Block/Brick/Square and make its move after this consolidation period. Wherever that move shows itself to be wether a sell breaking the brick to the bottom or a buy breaking the top of the brick, it will be easy and clear as day to see using this method.
Dirty Thirty Sell Opportunity Cooking Up.Gang Here on Display we have Us30, The infamous Account Breaker, Career Maker, Love And Hate Relationship Giver.
We are seeing a great signal here following our rules of divergence, we are waiting for price to go ahead and break our trendline in order for us to be able to have step 3 and 4 (our entries) activated on our chart. So for now.... We wait patiently the signal looks soon to happen so stay aware!!
GER30 Sell Idea Live TradeHello Gang, i'm Back to slay, again. The bloodthirst starts this month with Ger30, looking like a great sell signal its a LIVE signal as of now, divergence strategy showed up and it was executed perfectly, it also has quite a gap it needs to fill to the downside !
With these reasons and overall seeing the other indicies following this same movement we have strong confidence on this trade.
as always 80 pip SL
Tp:1 30 pips
Tp2: 50 pips
Tp3: 100 pips
Tp4: 130 Pips
$TAOP STRONG CLOSE!!! ;) -Traded this in the morning on friday but this failed to breakout that $4.25 wall that's #1 so the momentum is there but volume needs to kick in
-As we closed on friday we had a very strong close and candles like these don't get left hanging
-Tis is very strong resistance think of it like a rubber band the more you test its resistance the more it will shoot.
-This has massive potential you now the worse that can happen is that this is a pull back to more lows... set a tight stop play smart... theres basically no loss as long as you manage it correctly
USDJPY Long After Breakout Confirmation As we all saw in our previous Idea the market was ranging between strong support and resistance which was broken and retested and we saw a big bullish momentum. which continues and confirmed by Short Term MA, Mid Term Ma, Long Term Ma facing upwards.
we might be targeting the high of march 31 @110.800