Performance
GBPUSD 2309 Pips 19 July 2018 - 28 February 2019 PerformanceOur GBPUSD performance. 2309 pips in about 6 months. HTF trades. Long holds, sometimes for weeks. NO DAY TRADING. Do not get into the gambling mentality. Currently evaluating short for pullback. If it breaks 1.33 with strength then short This is liable to change without notice).
PLS NOTE: This is NOT financial advice but for educational purposes only.
Performance of +20 altcoins in the last 7 days [March 7 2018]This is the performance of +20 altcoins in the last seven days with respect to bitcoin. The graph represents the percentage of growth or decrease with respect to the BTC/USD . If the value is negative, your investment would have been better at BTC . If on the other hand, the value is positive you have accumulated more BTC and obtained a higher profit in fiat as well.
Top 5 Coins With Strongest Recovery RecentlyOn the 6th of February, the Bitcoin has tested the lowest price since correction from USD 20k resistance started. Price dropped to USD 5.9k and corrected upwards, while during the past few days it reached USD 8K, re-gaining 40% against the USD. Is it a quite strong recovery and perhaps the end of correction?
Nevertheless, some coins corrected up much stronger than the bitcoin and below is the chart presenting the winners.
INTERNET OF PEOPLE (50% Recovery against the Bitcoin)
FUNFAIR (43% Recovery against the Bitcoin)
DECENTRALAND (37% Recovery against the Bitcoin)
POWER LEDGER (34% Recovery against the Bitcoin)
GLOBAL CURRENCY RESERVE (32% Recovery against the Bitcoin)
Top 3 Most Consistent CoinsDuring the past couple of month, the crypto market has been going through two major phases.
The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.
The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating.
But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies.
And the winners are:
0X
EOS
NEO
Top 5 Coins With Best Performance During ConsolidationIt was a great rally across many cryptocurrencies during the past months. There was a huge growth by some coins, gaining x10, x20, x30 or more, where most cryptocurrency traders were profiting disregarding the coin of their choice.
However, there are always times of consolidation or a correction. And this time is now. The cryptomarket is not stagnating, which means that the coin either consolidating or correcting downwards.
But it does not happen to all coins because some will be always better than others and in the idea you can see the top 5 coins that had produced the biggest gains during January consolidation period.
Crypto portfolio: 1 year performance comparisonHere we can see a few altcoins pitted against Bitcoin, to see how the fiat value of each evolved throughout the year. Investors look at these metrics often, and in this case, it tells us about the relative strength and liquidity, of all these instruments, and potential risks when being invested.
ETH started very volatile, but while it was in a positive trend, it was acting well, with a low volatility trend, despite the explosive price movement. During its consolidation it shed a lot of its value, but it's showing signs of risks being behind it, with constructive price action after bottoming recently. Volatility quieted down, both in Bitcoin, and in some altcoins lately, so I'm interested in being invested in this market in particular.
XMR and DASH show some promise, but both tend to cater to people wanting to obfuscate their transactions, and thus, might see some kind of risk if the IRS, FBI, or some government is interested it going after the people using it to transact with them. This creates a negative stigma associated with them, although Darkcoin's developer wanted to distance himself, and rebrand the coin lately, I think it's just an excuse to bring it to the limelight again and get more people to buy his creation (he has a gigantic premine, so it's in his best interest). I'm not sure if he's sold all of it yet, but I recall that the masternodes had made these individual a lot of money back in the day.
XCP: Too volatile and illiquid to be safe. Some people might be able to trade this, but I'd rather not. Just a good example of how an illiquid market looks.
LTC: People still ask me about it, look how it fared, this coin just had a name because it came out some time ago. It fared pretty badly, over a year, and it'll continue to underperform Bitcoin, stay far away.
Conclusion: Do your due diligence, as far as charts go, I can read the activity in them if there's sufficient liquidity, if the market is too thin, it's simply not worth it to trade at the mercy of exchanges and manipulators.
Also, look at correlation and performance relative to Bitcoin here. Treat it as 'the market', and altcoins as bonds, or smaller companies. ETH is not correlated, and many times anti correlated, so it is a good addition to a crypto portfolio. It doesn't derive its fiat valuation merely from BTC, but underperforming, like the other alts. It derives its value from its particular characteristics. This makes it interesting as well.
Cheers,
Ivan Labrie.
EURJPY Rising Wedge Break-out Performance I have been monitoring the formation of a rising wedge on the EURJPY pair. Formation performance has been estimated at around 260pips and I will be entering a short pending order as soon as I receive confirmation for the break-out.
I can also see the confirmation of a double top formation (or a 2618 play) in the making should the price move further South which strengthen our confidence on the idea.
It is a long move so I am not expecting to get there at one go. A retrace is also expected to test the broken support, so place your order according to your trading style since scalping opportunities may occur.
let's wait it out.
All feedback and comments are highly appreciated.
EURUSD Box Break-out Performmance, Long-Term Price SpeculationLooking over the Weekly chart for the EURUSD pair we can identify an attempted break-out of the rectangular formation, expecting a continuation of the downtrend dating back to May 2014.
The above is also supported from a shooting star on May 2016 (to my eyes at least), clearly indicating a short move, and we have been looking at the price tag going South since then. Check out the performance possible long-term profits with a previous structure support coming on low 0.99000's levels.
We would also expect a retracement move to retest the broken support but trust to become resistance in due time.
All feedback is highly appreciated.
EURUSD Falling Wedge Formation Break-out Performance Based on our previous long-term analysis (please see links below), our general feeling regarding the EURUSD pair is going short.
But, as we mentioned on the original idea, we would expect the price to retrace and retest the previous structure support that was broken a few days back on the 1.05700's region.
We believe that this falling wedge formation may indicate the possible retrace for some extra pips. Please check previous structure for clues on supports and resistances and set TP and SL according to your trading style.
The RSI indicator shows oversold conditions, still, personally I would look out for further confirmation prior to entering a long order.
The above if a speculative theory that also suits our previous analysis... how convenient :)
Let's see if this works out.
All feedback and comments are highly appreciated.
GBPCAD Break-out Performance Speculation (Long-Term) - Part IIAs described in the original idea, we still believe on the long move of the price due to the formation of the falling wedge.
The bottom support has moved short a few pips but the formation is still valid (to my eye).
Please monitor to avoid a false break move, be wise to wait and confirm the move using other means, timeframe and/or indicators.
The stop losses should be fair, under the previous structure support at the 1.63900 region while take profits are set according to expected performance and previous structure resistances. Adjust to fit your trading style.
All feedback is appreciated.
BRLARS @ +49,07 % one of best performer (2016) of 1842 pairs !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (2016 Statistics) @ drive.google.com
39 Currencies (2016 Statistics) @ drive.google.com
Best regards
Aaron
EURBGN @ 0,00 % lowest performer (2016) of 1842 pairs !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (2016 Statistics) @ drive.google.com
39 Currencies (2016 Statistics) @ drive.google.com
Best regards
Aaron
GBPCAD Break-out Performance Speculation (Long-Term)A falling wedge has been forming on the GBPCAD daily chart that lead us to expect a possible Long break-out with different performance ranges.
We would wait for the confirmation of the break-out (use any tools that suit your style), and trade long with TP in regards to previous structure support levels as well as a safe SL.
All feedback is highly appreciated.
AUDUSD Break-out performanceLooking back at the bigger picture of this break-out, there could be two additional targets for the price to go lower.
Looking closely, the formation of another rising wedge ( ) over the last two weeks with Stochastic indicating an already overbought condition. Resistance should be around the 0.74950 mark although there is also an advanced pattern completion a bit higher than this, I would not be surprised if price gets to 0.75400-ish before it goes South.
Intermediate and Max targets are set using the bigger structure patterns. The longterm trendline acts as resistance (blue dash line) while the pip count goes off the roof.
I trust you this should be a longer term trade, quite possible but still to be closely monitored for changes.
Let me know what you think about this.