If you were filthy rich, would you trade daily?This is why this algo tracking approach works.
If you were rich would you spend your time trading or having fun? I mean, you've probably looked at charts long enough to see certain patterns that you like more or less. You have criteria for getting in and out of trades. And, you have fund to take some losses. A lot of people, basically, set up a robot to buy at-50% support (because that's most likely the bottom) and sell at +23% with a 70 RSI activation. So, a coin goes into overbought which indicates a possible swing high and turns on your bot. Your bot buys at -50% and then it sell at +23%. you'll see this over and over again. BEACAUSE that's what the rich really do, try to figure out how to spend their time having fun and not working. IE crypto Bot. 3commas.com has them. Just set and forget come back and you g2g.25% risk 73% gain. All we can do is follow the bots.
Millionaire
#LINK $0.0001 ORDER, estimated to 2 millions dollars nowCRYPTO TRADER GETS $0.0001 LINK ORDER PARTIALLY FILLED ON BINANCE
A trader who placed an order for LINK on Binance in January 2019, got extremely lucky when the asset flash crashed today on Binance. The trader’s order partially filled allowing them to purchase 900K tokens at $0.0001 each.
A "Set and Forget" stink bid that is over a year old partially filled on $LINK/USDT today at $0.0001 due to a large, single order market sell.
@cz_binance said on twitter: Just checked, the buy order was put in 2019-01-16, the first day the LINK/USDT pair was added. We didn't have the price band restrictions back then. We don't cancel user orders.
NZD/USD UPDATED POTENTIAL SHORTSo as i said last week we we tapped the weekly resistance plus price have rejected the weekly 61.8 % retracement level . Yesterday when the market open we saw a gap and price open bearish and tested the previous last week low 3 times and we see price highly rejectded giving us more confirmation for short. Also we see break of structure in the H1 which confirms the potential of change of momentum to the downside
TOP DOWN ANALYSIS
WEEKLY TIMEFRAME
So from the weekly timeframe we see a price is in a downward trend with respective "LOWER HIGHS'' AND ''LOWER LOWS'' when you pull the fib tool you currently see price perfectly at the 61.8% retracement level,which is the golden retracement level.
Also the other thing we notice is break of structure at around 0.64400 on weekly timeframe showing a potential for change of trend. More the candle breakout with large momentum( in candlestick language i mean we have a big ass bullish long candle) so shows there is strong buying power to the upside
we have a key weekly resistance at around 0.65700 ,few pip away from the 61.8% fib level. so we could see a potential market manipulation or fakeout before retracing .always wait for confirmation from candlestick reversal pattern and shift of momentum in market structure before shorting
DAILY TIMEFRAME
So since we noticed a break of structure in weekly timeframe . lets break it even more down in the daily. we draw our fib from the higher low at around 0.63278 to the current price which is 0.65600 so we see price retracing all the way back to test the broken resistance that became a support ,confluence with 50% fib level.
H4 &H1 TIMEFRAME
We see steep slop of the uptrend, all we have to wait is rejection from the 61.8% weekly fib level or rejection from 065700 and shift of momentum. meaning price has to change trend from uptrend to downtrend in lower timeframe like M30 or M45
Note
WE HAVE NFP Tonight so be cation with the trade!! if NFP comes out positive we shall see strong bullish move in dollar. which is good for nzdusd short
always use proper risk management and document your trading setup
our NZD/USD SHORT
target 1=064700
target 2 =0.64500
thank you and please follow me to get more updates
XNGUSD Long BiasHello everyone.
This is natural gas analysis.
As we have given demand analysis in our previous post some time ago. Though price just validated the previous higher time frame monthly demand zone but there are some chances to retrace back because as we know market always makes fresh zones on lower time frames after confirming higher time frame’s zones. So here is the small gap we can earn from. There is a chance to retrace back after touching 2.4700 area so we can set out TP on the said area.
But after a small retrace market would give us another bullish move so lets see.
Happy Trading
US30 2/10/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
USOIL 2/10/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!