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BITCOIN - BTCUSD - The world is NOT FLAT!...by no means! Every action has a reaction, travels around the globe and comes back again. Western society doesn't seem to get it... However - What we se here is not a fluke. It's exactly the mirror of Action/Reaction. It's based on fundamental behavior, which in it self follows this universal law. We all follow it, there is no escape. It's the matrix we live in hehe... W8Kup So, let's see how this will continue, since this article reveilles wha's going on behind the curtain.
BITFINEX:BTCUSD
by Tr8dingN3rd
8
PFE - Pfizer to scare the crowd?After the last high, price dropped like a stone in the water. The last move signifies looks to me like the last puke, to scare the crowd out of the position. If you think - a market specialist has all the money he needs to manage the market to the big players favor. But there is one thing that makes me ummmmm..... ...watch the last huge bar in the orange part. It's a huge up- move. Along with the exact test of the L-MLH I would say, that there must sit big supporters. Swing wise, no lower low is broken yet. To me these are all signs for a nice and cosy long, with a stop below the base (27/25) for a longer play. P!
NYSE:PFELong
by Tr8dingN3rd
1
Crude - Doomed? ...what's doomed?I have some Credit-Spreads on the D. TF and price of CL. is very near at my short strike (50). Unfortunately this week are some news events about CL. So I decided to go lower in TF to see what's going on and I found this. We have a Sine Wave going on in the 480mins. As of my last postings, you can see that they show up allover the place in any market and any timeframe. (Sine Waves are a function of Action/Reaction, but I'm still not 100% understand the physics behind it because I'm just a Chart-Nerd and not a physician.) The Chart is self explanatory. As for now I will hold my BearCallSpread and preparing to take action if necessary. Cheers.
NYMEX:CLG2017Short
by Tr8dingN3rd
4
GBPUSD - ContextToo many information on charts. What's a trader to do? Put context around it to filter and see the important stuff. Price got rejected at the upper U-MLH (!) Here we are again. Another rejection will shoot price down to the centerline again (...maybe). If price can manage to crawl up to the orange line - I call this the 1-Line-Trade - I looking for signals to short it. But I'm never in a hurry and I also don't cry if I miss a trade...there are millions to come... Happy new week out there!
by Tr8dingN3rd
EURUSD - shorting ideaAfter a rally, EURUSD is slowly reaching an upper band defined by several flat SSBs given by Ichimoku, they act as a resistance zone. Moreover it is blocked by the upper prong of the fork where the price evolved since September. Depending upon the US elections, we may see a rejection of this area with a price returning to the middle of the last swing we observed (25 Sept -> now). Given the technical levels extracted by extending the flat segments of the daily SSB and the median of the fork, 1.10 looks like a plausible target. Invalidation of the plan in case of non-resistive 1.116-1.120 area.
Short
by albert.callisto