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Marketcrash

Live trading 3. Everything will be fire.Well I support I have to change my avatar to a grim ripper... Everything it about to dump... And my little dollars are going to skyrocket. Not that much trading opportunities yet, but when these weekly MA's get tested as resistance plenty of short opportunities. Right now the Yen is going up up up so I will probably short it if it keeps going (long USDJPY). Ye hopefully those that didn't already go test these weekly moving averages and I can open shorts there. Day + swing trades. Ah and probbaly I'll keep plenty of shorts open as hedges so I can long on the way down when it gets too oversold. This is just ridiculous.... Everything jumping off windows to get down faster, all except OIL AND USDOLLAR. Fear fear fear. If Trump decides to bring democracy to the middle east pour your lifesavings into Dollar and Oil. Borrow on margin. Oil and dollar will skip the moon and go straight to the sun. The light will shine so bright, and everything opposing these 2 will burn. Oh also as foreign (to the US) investors pull their money out, they will put it in local economies, German stocks/index is a good one. German has lowest spread for me so... But ye UK FR going to the moon. I shorted it maybe I should long once it retest ath. Almost there. US economy = recession. EUR economy = boom. Thank you MR Donald Trump for getting america out of "bad deals" and "not favoring foreign countries like my predecessors". You're going to join Warren G. Harding at the top mate. "I have one of the highest IQ's". ^^ *** I am not a financial advisor :p ***
Short
by MrRenev
In Soviet Russia, target retraces to bitcoin! Market crash incBitcoin is going to go up and then dip. It will dip very low. Like 5000 dollars low. However it will take some time. Let's say, in a few weeks. Before that, it will try to break the symmetrical flag started with 2017-2018 market crash. Breakout attempts to 10-11k USD is possible. Going past 10500 USD could generate momentum for alt coins. However it won't change the eventual outcome. Prepare your shorts, get ready to buy the dip. I'll try to accumulate at 5000-6000 USD range. Remember. You are in an ocean, accompanied by bloodthirsty sharks. Protect your money. Do not accept the hype. Big money is moving in and it will try to suppress BTC as long as possible. Remember, market is full of shills. Social media is full of fake accounts. They shill any token, any coin for a few bucks. Their paid "signal" groups are full of stupid people who are ready to pump any coin at any time. Be especially worried if shills like Haejin, Alanmasters start to give bullish BTC signs. Because that's when the next crash happen. That's what happened just before 2017 crash. They speculated that BTC would reach 100.000 USD by the April 2018. And it imploded, like instantly. Don't join their hype wagon because they are just shills, bag movers, pump&dumpers.
BITFINEX:BTCUSDShort
by zobitore12kote
3
Head Shoulder Ratio: Worst-Case Scenario? Let's Hope So (Part 2)So I have been tracking this pretty extensively, just haven't posted my findings (which up to this point have been spot on) until now... Why? Because this is such a far fetched scenario, I feel in the rare event this does happen - if I don't have some kind of proof that I caught it before-hand no one will believe me lol... Now, this is part 2 which is the 30 minute chart, to show the details a bit more... The weekly shows a big nasty bearish engulfing candle, which means these last 2 weeks were simply a giant bear flag... I am expected the next trendline to be tested next, possibly another bear flag, and the testing the trend line at the bottom... Why that specific spot? Well that's where it gets interesting... The peak of the market formed a head and shoulders pattern which was abruptly followed by a very nasty spill... This current bear flag looks to be setting up a very similar head and shoulders as well... So, just playing around, I measured the top HnS from low to high, then did the same with the current pattern (actually the low from March 1st) to get a size ratio... I then took this ratio, measured the 1st fall (to the lowest low, not the 1st low) and applied it to see where it would show another possible fall based on the size of the bigger pattern... Well, to my surprise it landed square on top of the 2015/2016 market correction - which is a very likely support area if it were to fall... Not only that, but it is also right where a major trend line from the bottom of the last bear market in 2009 is sitting at... Is this a coincidence? If so, it's a pretty big one lol... Even with the current low on March 2nd we are still placed right there in the same general support area... I think Monday will see a pop and fade before the reversal and what I expect to be a monster plunge to 22k... So needless to say - I will definitely be purchasing put options into the spike of the right shoulder...
DJ:DJIShort
by J-Streak
Head Shoulder Ratio: Worst-Case Scenario? Let's Hope So (Part 1)So I have been tracking this pretty extensively, just haven't posted my findings (which up to this point have been spot on) until now... Why? Because this is such a far fetched scenario, I feel in the rare event this does happen - if I don't have some kind of proof that I caught it before-hand no one will believe me lol... Now, this is part 1 which is the weekly chart... The weekly shows a big nasty bearish engulfing candle, which means these last 2 weeks were simply a giant bear flag... I am expected the next trendline to be tested next, possibly another bear flag, and the testing the trend line at the bottom... Why that specific spot? Well that's where it gets interesting... The peak of the market formed a head and shoulders pattern which was abruptly followed by a very nasty spill... This current bear flag looks to be setting up a very similar head and shoulders as well... So, just playing around, I measured the top HnS from low to high, then did the same with the current pattern (actually the low from March 1st) to get a size ratio... I then took this ratio, measured the 1st fall (to the lowest low, not the 1st low) and applied it to see where it would show another possible fall based on the size of the bigger pattern... Well, to my surprise it landed square on top of the 2015/2016 market correction - which is a very likely support area if it were to fall... Not only that, but it is also right where a major trend line from the bottom of the last bear market in 2009 is sitting at... Is this a coincidence? If so, it's a pretty big one lol... Even with the current low on March 2nd we are still placed right there in the same general support area... I think Monday will see a pop and fade before the reversal and what I expect to be a monster plunge to 22k... So needless to say - I will definitely be purchasing put options into the spike of the right shoulder...
DJ:DJIShort
by J-Streak
2
Bitcoin USD Buy-in/Re-buy Levels (End of Correctoin + Altcoins)Ok, so Bitcoin is correcting a lot, wait not Bitcoin, the entire cryptocurrency market is on a huge correction (people are selling an the price is going down). Billions of dollars are gone. Is this good or bad? What to do next? When to buy back in? What about the Altcoins? Good or bad really depends if you have a plan and your level of understanding of how these markets work. Corrections are good, if you are looking at the long term health of an asset, coin or market. There are many players involved, many people bought Bitcoins and other cryptocurrencies without any knowledge of how this market works, the price goes high, everything shoots up, but the time to take out some profits finally comes. The experienced players are hungry they want their gains from the purchase of their coins. There is also market manipulation, media manipulation and so much more. Our natural behavior as well, panic and other factors. But none of it is a big deal for those that are trading to make money, for us this is just a situation to watch from which we can benefit as well. Look for a re-entry price and how to maximize profits when the correction comes to an end. So, is this good or bad? Corrections are good. This type of correction happens after a phenomenal bull run, the Bitcoin price reached all time high, the market grew to new levels, it is safe to say we reached a top, now we want to know where is our bottom, we want to know this market more. So we retrace looking for support, until we find one... we are getting close. The chart above shows my recommended buy-in (re-entry) levels for Bitcoin. At the same time, this same levels, if they hold, can be considered the end of the correction and activate a buy wave on all altcoins. So watch for these levels, this might be where the correction comes to a halt. We have already been going down for a while now, so we just need one last push before we find our support. What to do next? If you follow my trades, we are taking the hold approach, but why? Because this is the easiest for beginners, not as in a personal way as you might think, but easiest in the sense of following a strategy where you can be sure to win no matter what happens. Knowing that this is a normal correction, you can act on it by making a plan before hand, buy and sell, trade like a boss. Buy and sell can cause mistakes, we like safe bets, that's why we hold. When to buy back in? Follow the chart and use my recommended "buy-in zone" square. If the price breaks this level and goes lower, then you buy-in more. What about the Altcoins? Our Altcoins are most in the red, just like the entire market. We have a few options here: 1) Sell and buy back lower (this requires keeping track of Bitcoins price and alts price). 2) Sell and remain out, take a loss and wait for new trades (not me). 3) Hold for the correction to be over, maybe reload at the bottom and your money will grow again (reload more while holding the old - I like it). So it really depends on you. My relaxation approach calls for a vacation rather than more trades (buying and selling alts), after the correction is over, many new and more opportunities awaits. We are here, and will still be here, to profit from these trades. Namaste.
BITFINEX:BTCUSD
by MasterAnanda
1.4 K
Little to no juice left in Dow Jones.I predict that the day Obama leave office is the day Dow Jones will start crashing towards 15,000. This is base on uncertainties surrounding trade issues and we haven't heard any solid plans from Trump on how he is going to offset the tax cuts to the corporations. Many companies are laying of thousands of people including Volkswagon which plans to cut 30,000 jobs in 3 years and HP planing to cut 4,000 employees. There are many other companies that are planning to cut massive jobs. I am short in US stock market.
DJ:DJIShort
by BigPippinSpendingGs
TOP OF THE MARKET; DOWNWARD TRENDThroughout the past year as the market swung up and down due to various news that supposedly influenced the decisions of traders, one thing that proved consistent was technical analysis. I use this method as my sole method of trading decisions because if you truly believe that machines and HFT is now prominent in the trading, then you have to believe that they operate with some sort of logic regardless of what is happening in the world. Because of this, the market variations of the past year have actually been predictable as support and resistance lines are hit. As the year came to an end and the Fed's decision to raise rates became the forefront of discussion until it was actualized, a downward trend in the markets formed. Regardless of the reasons, this fact remains. As a result, I am short the S&P 500 and any other benchmark going into the year 2016.
AMEX:SPYShort
by ch4otik