Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price : $23,900 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $500, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 5 hours of this signal, with a maximum duration of 9 hours - this might be a longer
occurring trade.
📊📈 IF European 🌍 and Asian 🌏 Markets Come out Strong; it might Cancel out this Scalp
Swingtrades
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will rise from our current entry point.
📈 LONG BTC - Entry Price : $22,820 📈
💵 Expected Range of trade: we are expecting BTC to hit a $250 scalp, with a high end of $400, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 3 hours of this signal, with a maximum duration of 6.5 hours .
New Monthly Low On AUDUSD. Now What? Hello Purpose traders. I am praying all is well. If you, like I, trade AUDUSD you'll see she has created a new low passing the January 2022 lows on the monthly timeframe.
I shared this trade idea early April with my community of swing traders. While I was able to profit from some of the drop the full drop totaled over 500 pips. How amazing right?
Now is where we become patient to see how low price can go before she retraces again. I'd love to see price partially pullback and stay below 0.72668 or rounded off 0.72670 exchange rate.
If this happens we could play the continued trend continuation side of the sell since she is in a downtrend.
I'd love to know if you sold AUDUSD and profited or if you value the updated analysis as I. Let's chat in the comment section below.
LNC - Swing Trade
Lincoln National Corporation is a Fortune 250 American holding company, which operates multiple insurance and investment management businesses through subsidiary companies. Lincoln Financial Group is the marketing name for LNC and its subsidiary companies.
RSI is showing great entry point, while there is no momentum yet from the Squeeze indicator, I anticipate we will see a reversal around the $72.00 Range
LAZR - Breaking the Bear Trend?Potential reversal setup forming in LAZR. We have a small bull flag within a larger bear flag, so I still feel that it will break to the downside, unless we keep getting heavy inflows into tech. Volume looks really good, with lower volume on red days and higher volume on green days. 20 day avg. volume is also increasing.
With a bounce on the lower orange trendline, I'd say now is the time to enter, as you can have a tight stop below the trendline and the 20 SMA. Normally I like to wait for confirmation of the break of the bull flag, but in this case I would probably just play the third retest of the top of the bull flag. Once it breaks out of this bull flag, there will be very little upside left, considering the massive strength of the 26.40 resistance level.
Only small positions only for this play, hoping to make 20% on a monthly call option. Manage your risk.
USDCAD 1.26405 + 0.06 % * STRUCUTRE & DIRECTION IDEA HIGHER TFRMHello everyone
Hope everyone is having a good one on the charts this week MORE MONEY LESS GREED, here's a look at USD/CAD from the monthly perspective to determine some the direction ideas in the coming weeks, looking from the monthly char the pair has respected an arc formation which saw a breakout of this structure and a retest pushed down to support level 1.30225 broke down and currently seems to be on a verge of a retest of this level so looking at price and technical aspects seems the pair can push down with the bears for a while so we are net bearish on the DOLLAR CAD & THAT'S MY 2 CENTS ON THE DIRECTION AND PRICE.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Sundial, potential jackpot #BullishAFSundial growers has been getting a lot of volume these past two months, even having a day where it achieved 2billion volume . This resulted in a golden cross, which will result in a bull run for sundial. After breaking out twice, and finding support after each break out. Sundial has extremely high potential to repeat this pattern and beat the previous break out high of $.98 cents. There are a ton of catalysts for this company that ALL point towards positive price movement. let’s start off with the fact that sundial has cleared all debt. Sundial is the ONLY cannabis company to have no debt. Sundial has a very low market cap compared to other cannabis companies. Tilray , Auroa, and Cronos group have market caps of 1billion +. I believe that sundial has room to grow its market cap, atleast to around 1billion. If you research sundial’s website they offer a wide array of great cannabis products, which they are constantly improving. Sundial is trying to make stronger thc potentcy in bud which is a great sign of strong future growth and progress. With Biden being elected, the house looking at the PACE bill, the culture right now with marijuana, and a stimulus check around the corner..marijuana industry as a whole is a ticking time bomb. I think sundial has the best profit potential. Price target 2.5 long, 1.38 swing.
SPY Range-Reaction Targetshis was sent to our premium members: "Sentiment came in today at 19% as stocks closed pretty well from the morning plunge. Still this is a viral move down and the highs are in. Furthermore, there is an esoteric indicant which I discovered in my forty years of research which I call a Black Hole. It produces severe declines in a very short time. It looks a bit like what we are seeing now but it is still to come. I am going to look for a pop high but there is no guarantee that stocks will easily stop getting killed here. This is now a fast moving profile. More next week."
Technical's: The bulls need to get above the 2876-2896 resistance zone to calm the waters a little. Until then, bears are in control. There are some bullish divergences in place, so hold with the 2942 short position and stops should be moved to 2876-2899 (your call)
05/10/19 Morning Notes-SPY PivotsMorning Notes: 05/10/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone,
Futures are under some selling pressure this morning, but well off the lows we made yesterday. The bulls are trying to form some bullish divergences and I would stick with a hold rec here. The 2942 short was a great entry and let's just manage that position with stops. As Woody mentioned yesterday, we are not in the "Kill Zone" time period yet and the set up to lore everybody back into the shark infested waters, is to let them think the waters are safe by bouncing the spx back near or above the previous highs as we head into the hard downside time period.
With that said, where will the markets find a low? That is hard to say, but if the bears push the spx below 2836, I think we could see 2814/2810/2797 come into play in the coming days. One may be asking-if those are the targets, why wouldn't I just short? From my view, I think the risk out-ways the reward from these levels. That may end up being wrong and we see the spx trading down near the 2722 short term target 2, but we could also see some type of double bottom and the bulls ramp up the indexes. If you want to just jump, I would use a break of 2836 to short and place a stop at 2873. Do you see what I mean by risk/reward not being there? That is a big spread for a scalp trade, but could end up working out. Just not for me, but may be worth it for some of you out there.
I am more on the side of looking to scale out instead of in. If I see 2810, I would be more incline to take 1/3 of the position off and move the remaining position stops lower. That will lock in some profits and still have a position if this move lower goes viral. And this is why we only give pivots/short long and stops, everyone has a different trading style. But I am going to move my stop down to 2903 and if we see 2810-ish come into play, start scaling out of my position.
The range SPX range for today is 2872 high and 2847 low.(gap numbers) A break of 2876 the spx should try for 2879/2898. A push below 2847 we could see 2836/2820. Have A Great Weekend!! G
SPX CASH 60 minute technicals
Stochastics: Oversold
Divergences- No Divergences
Resistance Levels: R1-2872 R2-2879 R3 2898
Support Levels: S1-2847 S2-2836 S3 2820
Trending Pivots: Lower
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Short Everything? 05/10/19 Morning Notes (SPX)Morning Notes: 05/10/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone,
Futures are under some selling pressure this morning, but well off the lows we made yesterday. The bulls are trying to form some bullish divergences and I would stick with a hold rec here. The 2942 short was a great entry and let's just manage that position with stops. As Woody mentioned yesterday, we are not in the "Kill Zone" time period yet and the set up to lore everybody back into the shark infested waters, is to let them think the waters are safe by bouncing the spx back near or above the previous highs as we head into the hard downside time period.
With that said, where will the markets find a low? That is hard to say, but if the bears push the spx below 2836, I think we could see 2814/2810/2797 come into play in the coming days. One may be asking-if those are the targets, why wouldn't I just short? From my view, I think the risk out-ways the reward from these levels. That may end up being wrong and we see the spx trading down near the 2722 short term target 2, but we could also see some type of double bottom and the bulls ramp up the indexes. If you want to just jump, I would use a break of 2836 to short and place a stop at 2873. Do you see what I mean by risk/reward not being there? That is a big spread for a scalp trade, but could end up working out. Just not for me, but may be worth it for some of you out there.
I am more on the side of looking to scale out instead of in. If I see 2810, I would be more incline to take 1/3 of the position off and move the remaining position stops lower. That will lock in some profits and still have a position if this move lower goes viral. And this is why we only give pivots/short long and stops, everyone has a different trading style. But I am going to move my stop down to 2903 and if we see 2810-ish come into play, start scaling out of my position.
The range SPX range for today is 2872 high and 2847 low.(gap numbers) A break of 2876 the spx should try for 2879/2898. A push below 2847 we could see 2836/2820. Have A Great Weekend!! G
SPX CASH 60 minute technicals
Stochastics: Oversold
Divergences- No Divergences
Resistance Levels: R1-2872 R2-2879 R3 2898
Support Levels: S1-2847 S2-2836 S3 2820
Trending Pivots: Lower
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"Kill Zone" This is just a preview of what's coming--Must Read!I have spent quite some time talking about the "kill zone" and there is a reason. This date was identified by legendary market timer Woody Dorsey, who happens to be my partner. Why is it important? Because the last one that was identified was in September 2018 and it took the markets 2 weeks of grinder higher and every dip being bid back up before it finally hit. The spx dropped 600 points and almost everybody was caught flat footed and watched their portfolios shrink drastically.
The beauty of the stock market when we get these massive swings in both directions (our subscribers got long at 2368 after being short from above 2900 (not a typo) you can make money in both directions. The ones who lose are the perma bears/bulls. Sentiment will give us clues about short term tops/bottoms, but the predictive analytics model sets up these massive swing trades. I just updated our free video report which you can watch in the link below. It shows you what we see going on now and in the time heading into the kill zone. G
SPX, The Beginning Of The End? Morning Notes 05/07/19Morning Notes 05/07/19 Gary Dean
Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone,
The 2942 short entry is still solid with some downside targets already hit. Manage trades with stop and if we continue lower, 2860 bull/bear line should be a magnet.
Futures are under some selling pressure this morning and the range is getting larger and larger if one was trying to give a trade long/short some room. For the bears, a break above 2948 would be the stop line and for the bulls, a break below 2898 would be the stop line. That is a big spread for someone trying to conservatively manage a trade.
Unfortunately, we are still in no man's land here, meaning a break either way would fit a profile. Let me explain. Yesterday could very well have been an ABC move down wave 4 and we are in the process of the wave 5 up to test/break the previous highs. This mornings move down could be part of the wave 5 with this being wave (2) down. Not to get too Elliott Wave Geeky, but each larger wave will form 5 waves. So this morning would be the minor wave (2) down and wave (3) would be on deck-and then (4) and (5) of 5. These are minor waves, so they are not as powerful as the larger wave structures.
Now for the bearish count, yesterday's lows could have been a larger wave A down and we completed wave B up yesterday and are now starting wave C down. I continue to label them as ABC's because we have time before the "Kill Zone" hits and this drop should find support at 2810-2750-ish if we continue down and then another face ripping short covering rally into the "Kill Zone" would bring us right into the time period that traps all of the bulls and we have an October style move lower. So what does this all mean? Stay open minded here and don't fall in love with either side. I prefer lower first, but Mr. Market can care less what I prefer-so up or down fits and when that happens, stay neutral and don't get aggressive. Manage any open trades and be patient. When we get closer towards the "Kill Zone" time period, that is when the Predictive Analytics Model will be bearish on all time frames.
The range SPX range for today is 2928 high and 2913 low.(gap numbers) A break of 2928 the spx should try for 2937/2942. A push below 2913 we could see 2898/2892 or lower. G
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Trading Environment-Short Term: Current Environment-Neutral/Bearish
SPX CASH 60 minute technicals
Stochastics: Neutral
Divergences- Small Bullish Divergences
Resistance Levels: R1-2928 R2-2937 R3 2942
Support Levels: S1-2913 S2-2898 S3 2882
Trending Pivots: Neutral
Kill Zone-Still Time? 05/06/19 Morning Notes SPX Morning Notes: 05/06/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish
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Trading Environment-Short Term: Current Environment-Neutral/Bearish
Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone, FYI-we just published our premium report, which you can take a look at in the link below.
Futures are crushed this morning as traders were banking on some good news coming out of the China talks. This is the danger in trading wave 5's that are very mature. You don't know when or where they are going to end, but the ending is typically very close. I talk a lot about Woody's investor sentiment data he provides and how in almost every top/bottom, the majority were looking the wrong way. The same holds true for things outside of the stock market, but in this case, effected the stock market. Here is a news headline I picked out of zerohedge about the China news: "The market was caught on the wrong foot as everyone expected talks were heading in the right direction and almost close to finishing. This was totally out of the blue and the reaction is that we have more risk aversion today."
When everybody is expecting the same outcome, for some strange reason, they will almost always be wrong. Opinions and sentiment feed off of each other and more and more believe the people being cautious are the dumb ones, because everybody knows what is going to happen with the unknown. This kind of sentiment/belief has almost always lead to the exact opposite happening. Just ask our President ;)
Just last week, the market didn't see a reason to even start thinking bearish thoughts. The Fed said they were going to be market friendly, the China deal was just contract signing and the sky has never been clearer to just jump on the long side. This week, that same news that had the sky oh so blue, now has winds picking up dramatically and the rain is poring with the only unknown now, when will the sky become blue again. The Fed went a bit more on the hawkish side, which was unexpected and now we are back to square one with the China talks. Throw in some more tension in the middle east and we now have fear in the market. Every bull out there had an exit strategy and they were not going to get blindsided this time. As I have been saying, when everybody has the same exit strategy, it really isn't a strategy, it is a who gets out first, as there is only 1 exit!
As sure as the sun will rise tomorrow, I am sure this hard drop will end with bullish sentiment hitting 0 percent in the coming days/weeks. This isn't the "Kill Zone" drop. This is just a precursor of what is going to take place when that time period comes. The preferred profile has always been for a hard drop that could take the spx to 2810/2730-ish, followed by a face ripping short covering rally that takes us right into the "Kill Zone" time period. Everyone will jump back in on the long side and that is when we see that next mini bear market start. I say mini because I am expecting 300-600+ swings in both direction for the foreseeable future. (2022)
The range SPX range for today is 2908 high and 2899 low.(gap numbers) A break of 2908 the spx should try for 2918/2924. A push below 2899 we could see 2893/2882. G
SPX CASH 60 minute technicals
Stochastics: Overbought
Divergences- Bearish Divergences
Resistance Levels: R1-2908 R2-2918 R3 2924
Support Levels: S1-2899 S2-2893 S3 2882
Trending Pivots: Lower
Wave 5 up? 05/03/19 Morning Notes Morning Notes: 05/03/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish
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Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone,
Futures are getting a pop this morning from the unemployment numbers. In last night's video report I mentioned that yesterday's lows may have been a wave 4 down and we could see a wave 5 up still. Or we could see downside momentum pick up and we see the spx trading down near the 2800 in the coming days. Even with this mornings pop, either wave structure could still be in play. The /es is at an inflection point here and the bulls need to push above 2933 to see a reaction trade up 2941/2950 resistance zone. The bears need to push the /es below the 2900/2889 to gain control back and see a reaction trade down to 2877/2865.
The spx bulls need to push the tape above 2937 to gain short term control and see a reaction trade up to 2950. If that happens, then the wave 5 will most likely be the correct wave structure. I will stick with, going long up here is a very very risky trade. Once this wave 5 completes (if that is the correct pattern) it will open the door for the larger move down. One would be risking many points to the downside for limited upside potential, from what i see. Should be interesting and if the bears are going to try and fight, it should be within the first hour.
The range SPX range for today is 2928 high and 2916 low.(gap numbers) A break of 2928 the spx should try for 2937/2942. A push below 2916 we could see 2908/2897. Have a great weekend! G
SPX CASH 60 minute technicals
Stochastics: Overbought
Divergences- Bearish Divergences
Resistance Levels: R1-2928 R2-2937 R3 2942
Support Levels: S1-2916 S2-2908 S3 2897
Trending Pivots: Neutral
Battle Zone-Who Will WIN Short Term ..Morning Notes 05/02/19Morning Notes: 05/02/19 Trading Environment-Short Term: Current Environment-Neutral/Bearish
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Trading Environment-Short Term: Current Environment-Neutral/Bearish
Hi Everyone,
Futures are flat this with a bear flag look to it, implying that we should see a break of yesterday's lows (2917 /es) The wedge target for this move is right around the 2895-ish area. We MAY also get some bullish divergences with new lows, so if we get a bounce in that area, it would make sense.
The SPX has a totally different pattern in place and if the bulls can push through the 2915 support, I am expecting a reaction trade down to the 2887 in the coming hours/days. That was the short term target for the 2942 trade alert from yesterday. If things do heat up in the bears camp (Not sure until we see a break of 2915) the realistic downside target would be 2810/2721 as they are the 23%-38% retracement levels, with price support as well. If the bulls come out fighting, they need to get the spx above 2932/2937 resistance zone to get out of trouble and above 2945, they will be back in control again for the short term.
We still have some time left before the "Kill Zone" so we could get some choppy tape between now and then. But as I have stated, a 23% retracement would be a normal pullback (2810) and I kind of expect that support level to be tested. I am NOT sure what road map it takes to get there. Do we come back and test the highs first? Do we head lower and it goes viral and 2810 comes in a fast manner? We will find out soon enough, but I am just watching the first short term target at 2887. Short positions from yesterday-you can either place stop at entry 2942 or give it some more room and place it at 2955.
The range SPX range for today is 2932 high and 2916 low. A break of 2932 the spx should try for 2937/2942. A push below 2916 we could see 2909/2897. G
SPX CASH 60 minute technicals
Stochastics: Overbought
Divergences- Bearish Divergences
Resistance Levels: R1-2932 R2-2937 R3 2942
Support Levels: S1-2916 S2-2909 S3 2897
Trending Pivots: Lower
HYRE; in play for the swingHYRE channel 2.58 - 4.34 in play above 2.79
- Ranged resistance should start acting as support now above 2.58 - 2.79 range
- With a close above this 2.79 we should see bullish continuation towards top of channel at 4.34
- We have a stronger mid range resistance at 3.72 that will need to be observed as it attempts to cross