Get started

Timeatmode

AUDUSD: Potentially breaking above the monthly resistance soon$AUDUSD appears to be about to rally for the intermediate to long term, judging by how the pair has been acting lately, as well as how fundamentals are setting up. With oil in a strong advance, commodities are potentially rallying higher, which would boost currencies like the Aussie dollar. The technical chart here shows the pair is coming up after being heavily oversold and very washed out, with shorts covering, helping bulls lift off. Weekly and monthly charts show good potential, with a monthly uptrend signal pending confirmation as a potential development, as well as a weekly buy signal from Tim West's proprietary indicators. Best of luck if trading it, and ideally, trade the long side with me. Cheers, Ivan Labrie. Disclaimer: I am long $AUDUSD.
Long
by IvanLabrie
2
ETHEUR: Long term view, chart of all chartsThis is how the Ethereum chart looks, plotted against the Euro using Kraken data. It has been the most reliable instrument to perform analysis on this pair, together with $ETHBTC from the Poloniex feed. Currently, we are tracing a daily, weekly and monthly uptrend. Periodically, smaller timeframes might be in a consolidation or retracement phase, to then rejoin the big picture trend in the monthly. Right now, we can anticipate higher prices all month, courtesy of the daily and weekly signals depicted in yellow and turquoise. This weekend is loaded with fundamental events that can further boost this rally, so I think it is logical to see $ETHEUR hit the daily and weekly top target zones in time or even earlier than expected. After the time expires for these signals, we could commence a consolidation phase, which can take a myriad of shapes, and isn't predictable yet, other than on a time duration basis. Normally, the market will absorb supply from profit taking, which takes a proportional amount of time to the rally itself, so it is logical to observe what Tim West has noted in his 'Time at Mode' proprietary method. So far, this methodology has served me well, and I would be glad to share the benefits of it with people interested in trading these powerful trends. Tim is working on new material currently, you can pm me or him to learn more about it. Now, on to the trading reccomendation aspect, if you're long, consider average volatility to determine your position sizing. During a trend, it is reccomended to gain exposure, and while consolidating, trimming it back down, or outright taking profits. Don't risk more than a 10% drawdown on a worst case scenario basis if trading long term, it will be hard to recover otherwise. Keep your coins safe in hardware wallets like the Trezor or Ledger nano, and make sure you do your due diligence when it comes to cybersecurity, and exposure to centralized exchange risk and margin trading. Good luck, Ivan Labrie.
Education
by IvanLabrie
34
ETHBTC: Ethereum is in an uptrend in the intermediate term$ETHBTC shows a strong uptrend in place, with a good chance of accelerating after this weekend, which is charged with news, as the Enterprise Ethereum Alliance group releases a demo of the technology they have been working on, and a series of important events take place during next week and during June. If we hold up here, and just close here or higher, the weekly will confirm a new uptrend signal, with a considerable target, which I have labeled on chart here. At the same time, we have a monthly uptrend currently active, which indicates two targets as logical and highly likely to be attained, 0.14 something and around 0.25 BTC, in the ratio chart here. Refer to my other $ETHEUR posts for the fiat targets and analysis. Although the chart is slightly different, strong trending moves in $ETHEUR will correlate with the $ETHBTC ratio going up for the most part. Good luck if already long, if not, buy into it during a few days, price shouldn't drop below 0.0359 technically speaking, and any retest of the zone below would warrant a buy, but hopefully, it doesn't happen and it just trends up from here onwards. Cheers, Ivan Labrie.
Long
by IvanLabrie
10
XBTEUR: Update and potential weekly targetIn this chart I examine the trend since $XBTEUR bottomed after the Bitfinex hack induced correction. The weekly chart reveals an uptrend time and price target that can guide us in the coming weeks. It appears like we can reach a peak in sentiment and consolidate or get a correction after we reach this zone in the next 2 weeks. The daily chart will guide us in the next few days, keep an eye on sentiment and news stories related to $BTC. Best of luck, Ivan Labrie. Disclaimer: I'm holding longs in $BTC among other cryptocurrencies.
Long
by IvanLabrie
10
EURUSD: Long term outlookThe downtrend in the Euro is in danger here. If EURUSD stalls, or rallies higher, there's a chance that it breaks the 2-month timeframe downtrend mode resistance, igniting a fierce rally, after absorbing all overhead supply. I deem it as a lower probability event, but a very significant one, if we do indeed make the downtrend fail. I think we can see a huge rally. This is a very crowded trade, so I'll focus on attemtpting to catch the dollar fall, while still being long good value US equities. If by the end of June, we don't hit 0,98898, we could anticipate price breaking higher in time. The minimum required time is signaled on chart. Good luck, Ivan Labrie.
Long
by IvanLabrie
XBTEUR: If this is the top...We can expect a sideways consolidation, or, some kind of correction and retest of support, during the next month, as described here. Today, a support level held, and weekly is still in an uptrend for the next 3 weeks, technically, but sentiment was too positive before this drop, and we had already exceeded all weekly upside targets ahead of time, which usually points to a 'bubbly' situation. I reduced long exposure in $BTC to about 20% of the account, exactly 2 days ago. I am now looking to hedge the downside if necessary, on at least half the position, or maybe all of it. Good vehicles to do so are altcoin pairs like $ZECBTC, $ETHBTC, $DASHBTC, $XRPBTC, but you can also open shorts against fiat currencies if you trust exchanges with your money. As I pointed out in my previous post, the spreads closing (in relative performance terms during 1 year) signaled something was going on, it wasn't a normal occurrence. Like, everyone bought closing the spread up. Who's left to buy?... The fundamental situation is interesting but potentially dangerous. Litecoin's implementation of Segwit and the first Lightning network payment lit a fire of excitement, but it can also become a risk factor if this test were to fail. The first flaw that is found in this implementation will accelerate a decline in $BTC certainly, so, it is better to be prepared. Most people saw this as bullish, many were celebrating, people in my country were getting together, drinking champagne and celebrating $BTC's high prices, and $LTC's Segwit adoption like it was the 2nd coming. This was a sentiment red flag for me, which drove me to reduce exposure to be safe. Clearly, I was right so far, since prices fell more than 5% since then. Let's see how it evolves. Best of luck, Ivan Labrie.
Short
by IvanLabrie
35
EURUSD: UpdateWe now have a confirmed weekly uptrend, after retesting support...our long trade is in good profit and we can let it run with minimal risk. I'll be trading the daily to catch multiple add on trades here and there as the trend unfolds (IF it unfolds as expected). The gold spread and the fundamental/macro landscape makes me think the Euro can rally while the uncertainty lasts, while at the same time, it's quite likely to see equities go sideways, and the yen go down. The Pound and the Euro can rally against all currencies meanwhile. Specially until the spread vs gold closes. Good luck, Ivan Labrie.
Long
by IvanLabrie
Equal weight cryptofolio: YTD performance and analysisThis is how a 60000 euro portfolio will look like if you buy 10000 euro of each of these 6 cryptocurrencies. I think there are significant odds of seeing the rally extend until the end of 2017, when Bitcoin's long term uptrend signal expires. By then I would advise extreme caution, since it would become probable, although not definitive, to see BTC stall or even fall, for the next 2 years. Best of luck, Ivan Labrie.
Long
by IvanLabrie
11
DASH: Holding, watch out for the long term uptrend time exp.$DASH shows to be in a longer term uptrend, as well as a weekly one. The current target in the weekly sits above 268usd give or take. This trend's duration, appears to roughly match the end of the long term signal, which could indicate a correction or consolidation might start in this cryptocurrency's price chart. I'm holding longs, after buying 2 weeks ago, aiming to ride the rally over $200 before closing. If you're long, hold, but be wary of the time and price targets, for they could become a short term or intermediate term top. Best of luck, Ivan Labrie.
Long
by IvanLabrie
7
CADUSD: Is this a bottom for the Canadian dollar?This level might be the bottom in this pair. Trump's tariff announcement might have created a negative enough sentiment to form a bottom here. From Zerohedge: "Canadians have had a tough time of it recently: they are getting inundated with illegal immigrants (thanks to Trudeau's welcome) and not benefitting from the wholesale emigration north that so many liberals promised if Trump was elected; housing has become unaffordable due to Chinese hot money flows encouraged by the government; the Canadian energy industry is hosed because of US shale production-driven low prices; and now the US imposes trade tariffs on another of their biggest exports." "The determination that Canada improperly subsidizes its exports is preliminary, and the Commerce Department will need to make a final decision. In addition, the U.S. International Trade Commission will need to find that the U.S. industry has suffered injury. But even a preliminary decision has immediate real-world consequences, by discouraging importers from buying lumber from Canada." www.zerohedge.com To me, as a contrarian, it sounds like a good opportunity, although the odds of the trade working are low, the payoff would be significant. Good luck, Ivan Labrie.
Long
by IvanLabrie
4
BTCJPY: 1 year spreads are closed nowThis is an interesting phenomenon, the 1 year spreads in BTC prices have now converged. Weekly charts show $BTC can continue rallying, but it is good to take some precautions, holding equal amounts of $ETH as a hedge to it. I'm not sure of the implications of the spread closing like this, but it might affect prices soon. Perhaps it is related to Bitfinex, since spreads closed to the upside to match prices there, despite the problems with USD funding and withdrawals at that exchange. Interesting to keep an eye on the action from here onwards. Good luck! Ivan Labrie.
by IvanLabrie
13
XAGUSD: Bottom's in?I think we have good odds that the bottom of this correction is in for Silver. I'm long, aiming to ride the move back to the weekly range top. There's a chance to trigger a monthly rally, so don't miss this trade! Long term stop: 15.864, short term: just under today's low, buy a new daily high tomorrow. Or risk 1 ATR under today's low if you want to buy now with a tighter stop. If interested in my trading ideas, send me a pm for more information. Best of luck! Ivan Labrie.
FX:XAGUSDLong
by IvanLabrie
4
Augur: Gnosis ICO insanity...I think that if investors jumped on GNO like they did, the market cap for $GNO can easily double. Or at least, they can close the spread between them soon. I'd reccomend selling $GNO at launch if you managed to buy some today, and buying $REP now, with the same allocation. The level above is significant, once above, this could go considerably higher. Don't trade this if you didn't catch the $GNO ICO. Most people couldn't so, it might not be a viable trade for most. What I'd do is buy this one and wait for $GNO to drop after launch, to buy into it. It would have to drop significantly, after developers cash out, and it is at a fairer valuation relative to Augur. Good luck, Ivan Labrie.
Long
by IvanLabrie
11
TSLA: BTFD stupidI am watching $TSLA closely, I want to add to my long term longs on any kind of selloff, oversold dips, etc, as described in my previous publication, see related ideas. I added a guess/forecast based on the potential path way prices can follow after tomorrow. A drop after earnings gives us a low risk opportunity to join this uptrend and try to ride it until it tops in the long term. The quarterly signal suggests a continuous rally in it is possible, until we do hit our -rather lofty- targets. Best of luck navigating $TSLA, Cheers. Ivan Labrie.
NASDAQ:TSLALong
by IvanLabrie
12
XRPUSDT: Ripple is in a long term uptrendWe had taken long positions before this strong rally, and reentered recently. The chart implies that $XRP might break out once more during Q2. I'm holding longs, in anticipation of this rally, and waiting to add more once we do confirm the next rally. Target is around 180% upside from here in the short term, and eventually could go as high as 0.41+-, so it will be an interesting trade if it pans out favorably. Good luck if already long, or entering now. Keep the volatility in mind to size your trade. Cheers, Ivan Labrie.
Long
by IvanLabrie
60
ETHETC: Watch these price targets and time targetAs much as I dislike ETC, the chart here shows some levels where price could reverse...as well as the time target expiration for the last rally in this pair. Overall, I am in favor of investing in Vitalik Buterin's project, so, from day 1 I didn't think ETC was a good thing to hold. The chart has proved me right thus far, but at one point, it might become a good 'Ethereum hedge' in case of a top in the rally. This could coincide with the point when the monthly trend tops in ETHEUR, so it wouldn't surprise me if that's the case. Just set some alerts here, and stay ready for updates. It might just keep going until the time expires, then we would need to revisit the chart and track progress and update the fundamentals. Cheers, Ivan Labrie.
Long
by IvanLabrie
5