USD/CAD Potential BullAfter bearish last week, usdcad have potential to bull at 0.382 fib.retracement.
i wait for 3 days of candlestick, confirmation for bullish opportunities.
Lifestyle
EURJPY - BUY1. Waut for the retested in the imbalance zone.
2. We have two option to entry.
Option A : -The first red line with 50 pips Stop Loss
Option B : The second red line with 30 pips stop loss
GBPUSD - What's the next big move ?? This analysis was mainly based on the Wyckoff Theory and price actions, i've notced over the few weeks that the market has taken out alot of buy orders in need to make the next trend. Question is what will happen next ?
LONG set up on NZD/USDAfter being being held down for almost 2 months, I now expect this pair to correct to the upside!
We have strong MACD divergence on the daily and weekly charts at this key area, as well as 2 daily closes showing price is holding strong!
1Hr chart is showing signs of a reversal and is holding firm about 50 and 20 EMA
I am looking to Take Profit at 50 EMA on the daily, giving me a nice 2:1 Risk reward.
If you like my analysis, please drop me a follow on here or on IG @saxonpoley!
And if you are interested in how I trade, drop me a DM!
EURAUD | Scalp (continuation) | SHORTWe need a spike to the bollinger bands with what hopefully will be a rocket followed by a subsequent 50% pullback, retest of previous high. We are trending down on the higher time frame and with this many rejections on the lower time frame it just makes sense to go with the flow (get it)!
If you don’t know why Humpty Dumpty fell off the wall then......... get caught with egg on your face!
GBPAUD | Long Scalp Taking a quick scalp here, entry is at .8887 and looking for 30-40 pips from here. Will be looking for shorts once it’s there for a swing trade. Let’s see how it plays out. Stops 10 pips below. Don’t risk more than you need to.
GBPUSD | Long Scalp | Fill GapLooking to have GU fill the gap here. Overall I’m bearish but we need to get a spike up with a little divergence to continue to the downside. More than likely we will get to mid bollinger banda and find the set up from there. Stops are already at BE. Let’s see what we can pull during the Asian session. Cheers to a prosperous week.
This Post Could be Life Changing! (Crypto Total Market Cap EW) Close your eyes and imagine what your life could be like with an enormous amount of money.
Take some time to feel the feeling of giving someone $10,000 for the hell of it.
Got a new car you have been dreaming about? see yourself driving that car.
How about a country you have always wanted to visit? walking around sightseeing historical locations and staying in any hotel you please.
Sounds impossible right? wrong.
This can be you I have done most of the things on this list (Brand new car of my dreams, Travel all over the country, Giving people ridiculous amounts of money, Buying assets and equipment for my friend's, And even donating tens of thousands to family & charity)
All you have to do is see that it's possible and start taking steps in the right direction :) from there your momentum will start building up and take you to places you never thought possible before.
Let's be honest everyone in this world speaks money so if you desire these freedoms learn the language.
Crypto provided this in the past and is set up for another opportunity of a lifetime.
So take some risk and invest in the crypto markets (NO RISK NO REWARD)
(Techincal Analysis)
- Big picture market cycle (1,2,3,4,5 - A,B,C - 1,2 wave)
- Bullish volume profile (rising price + rising volume & falling volume + falling price)
- RSI support = -22 & -32
- RSI resitance = +85 & + 96
- MACD resistance = +32
- 3 wave = 1.618 = 653B
- 4 wave = 1 = 465B
- 5 wave = 2 = 767B
- Ichimoku cloud getting very thin (primed for a breakout)
- Ichimoku resistance = 312B
Buy pure fear and get ready to ride up the greed (and take some profits of course)
Realize you have the power to do this.. you are the person that can change your life forever.. nobody else is gonna do it for you.
I will be riding longterm positions even past the all-time high.
Get ready crypto land :)
- Stay profitable
- Dalin Anderson
XAUUSD NEW UPDATE FOREXCOM:XAUUSD
SO , last nfp of this year gone , for this week i am expecting sell side , lets see
goodluck
AUDCAD | Long | Update v1.2Price has been bottoming out for a few weeks now and we have an inverse head and shoulder at play on the daily w/ lower time frames quietly awakening to Impulsive engulfing candles.
I can go on about the technicals but reference previous posts and you’ll see the original play is still in tact.
Only difference is we are now in a lower high and higher low bullish triangle. By dec. 5th we expect to target the length between most recent low/high, this swing resonates with supply levels at the .92 psychological round number.
it’s been a wild ride here for a few weeks now, but it goes to show that with proper money management, and multiple entry/exit strategies, you can catch big moves and stomach volatility.
Lastly, have a brain and make your own analysis as our trading styles/analysis could be right and wrong at different time intervals.
Happy pippin folks!
Oil - Short entry Trades explainedBrush up on the beautiful oil move this week (been waiting for it for ages)
EUR/USDShort idea, for me price needs to go lower ( green box ) and remember gaps ( 1.08 ) Always fill.
if the pair reach this level i will look for longs at first but if we have a break and retest of the gap i will short for a further drop ( 1.06 level ).
If you want to see my entry join our channel for free trade ideas.
USD/CAD LOWER WE GO !!USD/CAD has been the most controversial pair lately for a potentiall downside move and I think now is time to melt. I will use a four split take profit method aiming 1.3 or even lower.
USDCAD | SHORT Swing Trade | update 1.6Happy Monday fellow traders. If you’ve been following my posts (see below), you would kno is that we have been shorting the dollar for 2 weeks now using our multiple entry and multiple exit strategy (me/me), averaging our prices anticipated dollar weakness as the technicals have supported and fundamentals have pushed.
For us swing traders, technicals give us setups and the news just catapults pricing to previously identified levels of demand.
Big banks for several weeks have been taking stops for those holding on to pipe dreams that dollar is king in a midt of uncertainty. Don’t let them instill fear, because fear is the evil twin of greed.
In closing, trade what you see and not what you think. Follow me and trade your way to freedom- and always remember, you don’t need A’s to reap rewards. Like C’s get degrees probabilities of 60% or more with a good money management strategy can get you a solid return on investment equity curve.
Less is always more!
USD/CAD | Swing Trade Update 1.2The market giveth and the market can take it
She is only fair if you are reasonable and disciplined. Have you been eating your popcorn like I suggested a few posts back?
Weekly & Daily dynamic TL’s have been tested and broken. The nay sayers will come out of the wood works and tell you “but kind sir, it pulled back and closed above it so it failed.” Indeed my new disciple, you have lots to learn.
Only because she has failed does not mean her intentions weren’t clear. Testing lows and shaking the weak out of their positions with reversal candle stick type patterns are their rhetoric.
Indies below 50 with plenty of room to fall and continuation patterns should be presenting themselves. Observe price action and don’t hope the market will move in your favor. Trade what you see and not what you think.
Break time, I need more popcorn....
DXY - Swing Trade If you’ve been reading and following the last couple posts you would know that we are disliking the US dollar against the looney. If you haven’t thats ok, just make sure you check em out after this. It adds further confirmation to the ideas presented.
If your dinner has been served and you’re ready to keep things simple then look at the weekly index for the dollar and notice the heavy divergence. Wait, let me stress this further, look at how dang LONG this has been developing for. Patience is a virtue and the market rewards those that are patient. I’m going to sound repetitive because you all are too greedy and always want to be in the market picking tops and picking bottoms.
This divergence and lack of momentum signals exhaustion and adds fuel to our shorts with UCAD. Don’t go bald pulling your hair out, hold on to the laurels this will be a ride. See ya soon folks.
USD/CAD - Swing Trade USD/CAD has respected a rising trend line for the last three weeks with multiple touches and confirmations. Since then, price action stalled at the .768 fib level and weekly candle closed with a break below the RIsing TL with a long upper wick, signaling exhaustion and a turn in market sentiment. Looking for shorts at 1.325 and pushing for a retest of the 1.30 psychological level (BRN). Trade what you see and not what you think. If 1.325 is taken out look for buys to most recent highs. Be safe and follow me to freedom!
breakout and retestprice broke below hourly bullish trendline and retest it, giving us a very strong bearish movement
2 BTC to 20 BTC Trading Challenge - Day 13 (1.4252 BTC)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge
Happy Sunday everyone! I hope that you had a great week, I sure know that I did. This afternoon I had a meeting with Leah Wald to teach her some poker strategy leading up to the Unconfiscatable Conference. For those who do not know it is a Bitcoin Conference that is being put on by Tone Vays.
It is Jan 24th - 26th and there will be a 0.1 BTC poker tourney as part of the festivities. Not to mention that this is the very first time that Tyler Jenks is going to be revealing his full Hyperwave strategy! There is still a little room left and I would highly recommend signing up. If you do then shoot me a message and I will buy you a beer on one of the nights.
For anyone wondering Leah is absolutely as lovely / brilliant in person as she is on Tone and Tyler’s podcasts. At 18 years of age she worked at the World Bank under the ministry of resources. She has been a founding partner of multiple businesses since then including a NPO 'Veterati' which helps unemployed Veterans find jobs.
These are the types of people that make this ecosystem so special! Have you ever met so many brilliant, unique, interesting, hard working, and passionate individuals as you have in Bitcoin?!
The challenge has been fairly uneventful over the weekend. I did get stopped out of my ETH long and after a sting of losses like I have experienced over the last couple weeks it is very easy to press or try to force it.
This is the last thing that should be done. The weekly bearish engulfing made a short entry very appealing, however the market is still in backwardation and that is enough for me to pass up on a short.
This next week should be very excited for the S&P 500 as well as USDTRY. I just need one of those positions to go in my favor in order to get back into the green for this challenge.
Open Positions
Long: USDTRY
Price: $5.55804
Projected Risk: 5.66%
Leverage: 100X
Exposure: 0.16 lots ($16,000)
Margin: 0.048 BTC
Unrealized PnL: -0.066 BTC
Notes: Support holding above the phase 3 trendline is going to be very important for me to maintain a healthy bankroll for this challenge.
Long: USDZAR
*1/3/19 SCALE OUT: P < S MA = 5%. However minimum available to scale out was 8%
*1/6/19 SCALE OUT: P < S MA (5%) + Bearish M MA (30%) + Bearish Cross with S & M MA’s (15%) + P < flat L MA (25% - 50%)
*1/7/19 SET STOP LOSS: Stop loss set at $13.489 for remainder of position.
*1/9/19 ADJUSTED STOP LOSS: Moved stop to $13.64 due to expected support from 200 MA.
*1/11/19 DEATH CROSS signals final scale out. However on TD red 9 at horizontal and trend support. Leaving stop at $13.64 due to bullish 200 MA and support cluster. Negligible difference in risk, huge difference in potential gain.
Price: $14.48
Projected risk: Market stop set at $13.49
Leverage: 100X
Exposure: 0.06 lots ($6,000)
Margin: 0.0157 BTC
Unrealized PnL: -0.075 BTC
Realized PnL: -0.068 BTC
Short: SPX500
*1/4/19 ADD TO POSITION: S MA making bearish cross with M MA = 15% added
*1/6/19 SCALE OUT: P > S MA (5%) + bullish M MA (30%) + Bullish cross with S & M MA’s (15%) = 50%
*1/11/19 GOLDEN CROSS does not necessarily signal scale out due to angle of L MA. Stop loss set at $2,656.
Price: $2,472.62
Projected Risk (horizontal resistance at $2,650): 7.44%
Leverage: 100X
Exposure: 0.09 lots ($22,276)
Margin: 0.0586 BTC
Unrealized PnL: -0.289 BTC
Realized PnL: -0.129 BTC
Notes: Major horizontal resistance from $2,600 - $2,650. Stop set at $2,656
LONG XRPH19
*1/11/19 SCALE IN: P < Bullish L MA represents oversold asset in bull market.
Enter: 0.00009135
Stop: 0.00008888
Risk: 2.7%
Exposure: 20,267 XRP (1.8518 BTC)
Leverage: 15X
Unrealized PnL: -0.0229 BTC
Realized PnL: -0.0046 BTC
Notes: Entry was not based purely on Consensio. Bitcoin futures curve in backwardation with widening spread is main reason I was looking to add to my long exposure. Also looking at confluence of support from trend and horizontal. Guidelines would have me waiting for close above S MA to start scaling in, but I really liked the risk:reward provided at today’s close.
Closed Positions
Long ETHUSD
*1/10/19 Scale in due to support from bullish L MA
*1/13/19 STOPPED OUT
Price: $125.68
Stop: $119.45
Risk: 4.9%
Leverage: 10X
Exposure: 12.68 ETH (0.4386 BTC)
Projected Risk: 0.021 BTC
Unrealized PnL: +0.0049 BTC
Realized PnL: -0.0003 BTC
Exit: $119.10
PnL: -0.0231 BTC
ROI: -5.26%
Notes: Am strongly prefering to use stops. It allows me to effectively control my risk. When I am not sure about the risk I am assuming then I feel very uncomfortable / anxious.
To marry stop losses with Consensio I prefer starting out very small and using a wider than normal stop. Give the position plenty of room to develop and do not wait for stop to trigger if Consensio gets you out earlier. Then look to aggressively add when the position moves in our favor.
Open Orders
*1/10/19 AMENDED stop market to short XAUUSD. Moved entry up to $1,284 due to that being below horizontal support & parabola and it provided better risk:reward. Consenio signaled entry today, but I’d prefer to wait for further confirmation.
Watchtower
USDHUF: 18 year symmetrical triangle.
USDJPY: (leaning bearish) Consensio is bearish on Monthly chart indicating that the triangle has a greater chance of breaking down. Tightest monthly BB has been since 1976 when the price proceeded to move 41% in ~21 months. Think that retesting $80 is most likely.
XRPUSD: In a Bollinger Band super squeeze on the weekly with lower highers and highers lows suggesting upcoming parabolic move either way...a/k/a Jesus Fish Pattern. Symmetrical triangle on daily provides first target of $1.1
USDCAD: Approaching bullish 200 MA while the M MA and L MA posture for death cross. Weekly A&E bottom with $1.63 target. Massive volume over last 3 years. Currently fitting into channel. Tightest weekly BB squeeze since 2000.
BTCUSD: Gap in the visible range volume profile looks like it is begging to get filled. If we close above $4,300 then a return to $5,400 - $6,000 would be my highest probability outcome. Will be strongly considering setting a stop order to add to my long above the daily Parabolic SAR. Backwardation appears to be getting slightly more exaggerated, currently 3.03%.
ETHUSD: First weekly buy signal since April 2018. Weekly appears to be getting rejected by TL + SAR. Potential for bearish englufing. Daily just broke SAR but is finding support from bullish L MA.
ETHBTC: Potential weekly Golden Cross upcoming. Pullback to 33 day MA could represent could entry.
LTCUSD: Waiting for close > daily cloud saved me. Treating inside the cloud as a not trade zone can work very well. Now it appears to be finding support from the TL and trying to create another higher low.
XRPBTC: Incoming death cross following L MA roll over could be setting up ideal entry. However ascending triangle is still in tact and want to wait to enter until we get a close above / below.
XAUUSD: A few daily candles have closed above the trend line from 2016 but when zooming out to the weekly chart it becomes clear that the TL is continuing to hold as resistance, therefore it is still in tact. Daily looks like it is ready to break down at any moment and that is why I will be waiting with stop entry. Consensio is also starting to signal short entries with P < S & M MA while those are making a bearish cross.
EURUSD: (leaning bullish) L MA and LL MA squeezing with price between on weekly and the LL MA appears to be making bullish reversal. Seeing a potential A&E bottom. Bollinger Band in tightest squeeze since 2014 and a 24% move followed that one.
USDRUB: Symmetrical triangle forming above bullish 200 MA that is approaching the price. Also had a recent GGC on the weekly.
EURAUDHi everyone ! I have for you you my EURAUD analysis.
What I see now on the D chart is bearish divergence. So go short for now (1.5890 +/-), + I see on the D chart double top, It means for me that there is big chance that We will be on the short road in this week + RSI is pretty overbought on 1D too.
Take care, everything is possible.
Enjoy your life and follow me !
For Educational Purposes Only.
