BTC $13,000 Target hitSee my previous BTC analysis'. As long as we stay above $8,000, we WILL retest $20,000. This move will more than likely take another 3-6 months to complete. I've got Bitcoin in my long term account & don't plan on reducing my size until at least $15-18,000. I plan to Daytrade all 1 hour pullbacks for income trades, over the next few months. Buying at key Fibonacci levels that match up with Volume Profile support levels is about the easiest way to kill this market right now.
As for stocks, I'm in & out of US30 but if we fail $28,000 I'm shorting for the next 2 months. I am NOT selling my long term stock positions. I plan to continue to hold all my current stock positions.
Why? 1. Most of my positions are dividend stocks that I'll make money from regardless of the price drops. These positions include everyday things that people use like - water (WTER), gas (XOM), REITS (real estate), etc...
2. My other holdings are in 10-20 year growth stocks, in the tech sector. These positions include things like space & telecommunications companies. I have my personal reasons for being in the companies I've chosen, as I understand their growth potential & what they are bringing to the future of humanity.
Nakedforex
NAKED INTRADAY ANALYSISWe are going to short EURGBP.
CONFIRMATIONS:
1) Correcting for a month in a downtrend move.
2) Touches trendline
3) Price action (indecision candlestick)
4) It struggles to break the critical area (0.9100)
ENTRY: (0.9100)
STOP LOSS: (0.9120 - 20 pips)
TP1: (0.9080 - 20 pips) 1:1
TP2: (0.9060 - 40 pips) 1:2
TP3:(0.9040 - 60 pips) 1:3
HAVE FUN & HAPPY PROFITS ! ! !
LET'S SHORT GBPUSDThis is a NAKED & SWING analysis based on patterns ! ! !
Here we have a beautiful ABC correction pattern.
Now we are waiting for the continuation of the major trend.
ENTRY : 1.3000
STOP LOSS: 1.3040 (40 pips)
TP1: 1.2960 ( 1:1 40 pips)
TP2: 1.2920 ( 1:2 80 pips)
And then extend the take profit targets and let it move until the last target.
LAST TARGET : 1.2700 (300 pips)
HAVE FUN & HAPPY PROFITS ! ! !
Indicators Suck. Keep it simple stupidWe swear banks brought out all the rubbish on the internet to confuse people So they lose money.
Keeping it simple is so much easier and profitable. Just get good a drawing naked charts.
There's a short coming up at the key level. We will watch for price action and update clients.
USDCHF still bullish ,still goingThis is one of those trades I wish I could have put more into. Excellent climb thus far. Just wanted to update and say even though I moved my price a little higher to take a larger return (.01) to (.02) I’m still getting a good run.
How are you all doing with this trade so far? Are we all in profit?!
BTC HR1 Forecast , Bounce back !Based on my novice analysis, price has hit a major support zone and has created 2 new higher-lows.
• Price trend has also crossed over.
• Price could hit a major support & resistance level of 10,811 or it may push through towards 11,250.
I am very optimistic about this - I am not taking the trade but I am watching it to see if my analysis is correct.
Please add any suggestions! Anything is appreciated. I’m trying to learn Naked and I have to practice on every chart I see!! GLGT
SPY rejection, then NEW HIGHSReguardless of the world's current events, you better believe that stocks can rally to new highs & continue climbing. Reguardless how many people die, businesses fail, or governments collapse, this can happen.
1. The real people/companies/funds who have the money to keep in financial markets play their own game & are not about to let it fall apart.
2. The richest people/governments have no choice but to keep their money in assets, this includes financial. They see money as the real tool, resources, & asset for driving more revenue. They don't get scared out of financial markets just because asset prices fall. You can learn that from the JP Morgans & Warren Buffets of the world.
3. This exact place we are at is a mirror of the same places we've been at time after time, generation after generation. This is a mirror of a cycle that will continue to occur, as that is the nature of attaching human sentiment to market behavior.
4. This is a numbers game that can be manipulated on so many levels, including corporate debt restructures, currency valuations, & government intervention. ASSETS CAN RISE INDEFINITELY AS LONG AS THERE IS A MARKET FOR THEM TO BE BOUGHT & SOLD IN + WILLING PARTICIPANTS! It is within the best interest of every high-net individual to participate in asset markets, as they allow the opportunity for capital appreciation with limited associated costs.
Conclusion: the market could fall & retest the low for all I care, but you better believe it could recover & double in a blink. The GREEN line I have drawn is a level of support that, if held, will provide enough momentum to provide a substantial breakout for financial markets across the globe.
Disclosure: I am anticipating a short entry but only down to the GREEN line. At which point, I will not fight the proven upward momentum & will be anticipating the opportunity to build a LONG position... SHORT TERM I'M BEARISH, LONG TERM I'M BULLISH.