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Patience

BTCUSD - Shorting has begun As this chart as not been modified we are seeing typical behaviour bein repeated by the majority in crypto land. This being said... we are also seeing further discussions fundamentally surrounding the footprint of crypto currencies in the future. Now at this present time we are seeing a few things take place. Speculation at the 6800 Level showing buyer sensitivity, keeping in mind we have still been in an overall down trend still the majority have forgotten this and continue to FOMO invest, the "Whales" or those that are considered to be leverage traading with larger Qty orders see the chance to create more liquidity and gain further positions at a better price. Logically take profits are actioned at the highlighted areas and shorts are put in place. Currently following wihtout bias. Ideally we have the potential structure forming to get an opportunity between 3000 - 5000 range again. all going well we will see thif before end feb/begin of march . Patiently watching... Setting orders at 3500 - 4k range to buy.
BITFINEX:BTCUSD
by cyifly
uber has no clear direction and you better not try and guess.so uber has been a very trendy stock very clear higher highs and higher lows then on the breakdown we saw the same thing now we are in between levels and 34 will be the one to tell us if we break the previous lower high or we continue the downtrend so ill set a alert at 34 then one at 27.75 and wait for the trade to come to me rather then guess ill be doing so on a lot of other stocks and just sit down and read my alerts as they come in rather then guessing the market roomers are that more money is being lost predicting a crash then people actually make when it finally crashes the reason is actually very simple because the person trying to predict the market will buy puts every time the market goes up and wish it will crash but when it actually crashes he'll run and buy calls cuz hey he is trying to predict whats coming so lets just sit and wait for trades to come to us
NYSE:UBER
by technical-alerts
A possible opportunity to load up more/catch a ride?A) So BTC pushed into last week's open (upper orange line) and has now retraced. I hope you used that structure and long wick as an opportunity to take a little profit if you were long?! B) We're now at the 50% retracement of that recent leg up. Possibly a good spot to load up? I'll be waiting for confirmation before adding to longs, for what I perceive to be another shot up coming. C) The next area I'd be looking to possibly take profits if/when we reach it. Any close on the 4hr below 7.2k and I'm likely Flat for the time being. Till then, I'm viewing this as an opportunity to add to longs in the "golden pocket". As always, stay safe, happy trading. Good luck. Make sure you practice solid risk management. YMMV
COINBASE:BTCUSDLong
by mrjones2020
BEING PREPARED & PATIENT YIELDS RESULTS*DISCLAIMER: NOT FINANCIAL ADVISE BUT WHAT WORKS FOR ME* This post is to highlight though we are in a bearish market there are still good opportunities to make great gains if you're prepared and patient. I rarely make intra-day trades when gains are far greater if you can weed out the chop and stay focused on the bigger picture. I.E. in the last 30 days I've been able to achive 40% gains in my active trading portfolio *(excluding hodl, savings, other investment accounts)* using leverage and hodl'n positions 5-15 days. We've seen a 33%ish drop in $BTC price and I was able to capitalize on 21%, I consider the other 9-13% to be educational tax, with a win loss rate of 20:1 (I consider this very fortunate and the trend mainly moved short). *Variety is absolute key, don't put all your eggs in one basket but also don't spread yourself too thin.* This has been achieved through the following steps: Trading plans for both scenarios before entering a position Trading Logs, Record EVERYTHING. The data will uncover trends in your own trading. Trade Management Trading with the trend Many many more but these are the big guys ... A very interesting positions here, we've broke downward of a major trend line (in red) and the neck of the head and shoulders developed by 9k-14k prices on the daily and weekly charts. Looking at the 4hr we've also built a quick inverse head and shoulders just under the red trend line. Lots of contradicting signals here today so I've devised both bullish and bearish scenarios. I suspect the 9MA/18MA on the daily moving into current price action could be the time-frame triggers BULLISH SIGNALS: Bullish divergence on the daily RSI, Price action bottoming out on it's bearish channel, and the 4hr inverse head and shoulders could be a small signal. ENTRY TRIGGERS: Price breaking LONG and a daily close ABOVE 7500 FIRST TROUBLE AREA: 8000 TARGET: 8500 13% MOVE STOP-LOSS: 7300ish PRICE ACTION DEPENDENT BEARISH SIGNALS: Possible weekly close under major trend (In RED) which is now also .618 FIB off the 20K ATH, Major trend being bearish ENTRY TRIGGERS: Price breaking SHORT and a daily close BELOW 6800 FIRST TROUBLE AREA: 6500 TARGET: 6100 and BELOW 12+% MOVE STOP-LOSS: 7000ish PRICE ACTION DEPENDENT At the end of the day I remain long term bearish with the trend, just too risky atm to confirm a bearish move is to follow.
BITFINEX:BTCUSDShort
by SHITSHILLER
CADJPY Ascending/Descending Channel Support Zone ConfluenceSTRATEGY: Chart Patter/S&R Strategy (Ascending and Descending Channel) Focus TF: 4H TP Target: 2.04R ET: 1H - Abandoned Baby; Bullish Engulfing AOV: Ascending and Descending Channels' Support Zone (Confluence) 1D Analysis: Long Term - Price moving inside a large Ascending Channel. Short Term - Inside Ascending Channel, there's a Descending Channel and the price approached both Large Ascending and Descending Channels' Support Zone. Pin Bars occurred on the Support Zone showing rejection of the area. There is a high probability that the price will bounce and hit the Major Resistance (Horizontal) area. 4H Analysis: Price struggled to create a new low, showing mini consolidation and price rejection of the Support Zone 1H Analysis: ET: - Abandoned Baby - Bullish Engulfing - Series of Bullish Engulfing occurred on 1H TF. These are a great sign that price is ready to bounce and go up. Note: This post is my personal journal/opinion only. Please trade at your own risk.
Long
by jumpstartscript
How high can Frontken (0128.kl) go?- Frontken has been on an Uptrend for some time. I did write about it months ago (click on the link below). - In the recent chart, we see that the price is trying to break Resistance @ RM1.67. - At the time of writing, we see an LC breaking through this Resistance at its 3rd attempt. - If this is a genuine break, volume must be high and price will then do a pullback just above the Resistance line. - One should not trade based on emotions. Let's wait and see the progress after few days.
MYX:FRONTKNEducation
by mdalifalwi
XAUUSD 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!
FOREXCOM:XAUUSDShort
by Snipers-Academy
Patience Pays Off: 3-to-1 EURAUD Trade!Hi all, @FollowMyForex here with a new trade signal that just triggered. After patiently waiting for almost exactly a month, we have a new trade setup. That's right, our last trade was exactly 1 month ago! How many people can say that they have the patience and trust in their system to sit out a month of no trades before waiting for the perfect next setup?! We don't say this to brag, but to emphasize how important it is to be aligned with your system and remove any and all emotion from trading. During this month there were thousands of people who lost entire accounts. More people who ended negative, and maybe a few who ended slightly positive. But do you want mediocre results like that just to trade more often? We've long since made that choice - no! We'd rather sit on our hand and wait for an A+ setup rather than take mediocre trades that just end up eating into our year's a profits. We still have all the profits we had a month ago and that is vital to remember! Having waited this long is another thing I love about our trend following system... if the markets aren't trending, we don't get false signals! A lot of pairs are starting to set up right now so it looks like there will be more action in the weeks ahead. Safe trading!
Long
by FollowMyForex
Potential Trend Continuation - Daily Interval - USDJPYHello Success Traders, The currency pair (USDJPY) is manifesting the formation of a "cup and handle" formation. Considering the prevalent uproar (bullish) in PA (Price Action), a probable correction with the next few days, to then a significant spurge into bullish territory to re-contest previous relative highs. (Long Term Bullish, Relative Short). Be Diligent and Stick To Your Trading Plan*** Not Investment Advice. For Educational and Analytical Purposes Only. -LionGate
Long
by LionGate