Traders, 7 wins in a row. Over half with XRP thus far. Gotta stay disciplined and keep to our plan on this. As you know we bought at .36. Sold at .42 and .49. Re-entered at .44 and .42. And now selling half here at .49. Congrats for those who have followed me in these latest trades. Stay tuned. More to come. Stew
Back into our re-entry area. Target is 48 cents plus now. Stew Position = xrp Direction = long Entry = .42 Stop Loss = .38 Take Profit(s) = .48 = N/A
Traders, If you followed me on this trade, you'll know we entered around 36 cents, sold some at around 42 cents and the final 50% was unloaded at 49 cents for some great profit. I was now looking for re-entry at or around 42-44 cents. We have now already reached our re-entry area. The only event holding me back and causing me some hesitancy is this FED decision...
If we break that neckline which intersects with both the 50 and 200 day ma, we're going to $44! Stew
Traders, I sold the remainder of my XRP into this resistance. The the FEDs rate hike decision looming tomorrow, I don't want to risk not capturing these profits here and now. Over 30% profits in 5 short days! I'll take it. Looking to re-enter now at around .42 cents. Best, Stew
DXY H4 - Big dump on the dollar seen yesterday during the overlap session, big data points causing the dollar to fall off, in line with softer inflation figures, PPI figures and retail figures, yet again. Certainly going to be an interesting one at the next FOMC Press conference. Hoping to grab some more ***USD longs this week.
XAUUSD H4 - A little update on gold, still holding that 1875 resistance price, haven't threatened a breakout upside yet during the eastern or EUR/LON. Hopefully, we see dollar support as the respective session comes into play for the overlap
EURJPY D1 - Probably the most attractive setup of them all so far. Shorts lined up for some ***YEN pairs, USDJPY looking attractive also, analysis to follow.
GBPUSD H1 - Nice close on the hourly here, spinning top to end the session, pace slowed down on this pair, following what we are hoping is the exhaustion of the correction following our break and retest play. Really hope this moves into some nice profit over the eastern and a continued dollar gain to end the week. I.e cable shorts.
Position = EOS Entry = 1.685 Stop Loss = 1.45 Final Target = 2.95 Risk/Reward = 8/1 Leverage = 3x Profit Potential = +240%
Position = YFI Entry = 10131 Stop Loss = 7737 Final Target = 19437 Risk/Reward = 6/1 Leverage = 3x Profit Potential = +150%
Traders, If I can actually hold this to my final target, I would be looking at %135 gainz! Sounds unbelievable right? Well, CULT has done it before and with a great support floor beneath it, entry into the higher risk #altcoin becomes much easier! Position = CULT Entry = .00000864 Stop Loss = .0000075 Final Target = .000019806 Risk/Reward = 13/1 Leverage =...
Traders, This next trade has the potential of 86%+ profit. I have waited very patiently for APE to come down to it’s strong support of $4.29 …and here it is. I believe it’s go time! Position = APE Entry = 4.34 Stop Loss = 2.88 Final Target = 8.10 Risk/Reward = 2.5/1 Leverage = 1x Profit Potential = +86% Best of luck! Stew
Entry = .8153 Stop Loss = 0.89 Final Target = 0.69 Risk/Reward = 1.5/1 Leverage = 1x Profit Potential = 15%
Guys, I took the time to put out a special update this morning because of this! Please pay attention to what our charts are showing. I am not attempting to persuade you to any particular bias or sentiment. I simply want you to be aware of what I am seeing on the charts so that your can trade accordingly. Let's take a peek. - Stew
GBPUSD H1 This is what the next entry would look like if we were to trade from that 1.26 whole number, we have seen a pullback to 1.26200 which ties in with previous R/S. But that whole number is typically the play we want to catch. It makes more sense based on fibs, whole number, S/R and demand.
Traders, I just want to go over a few potential long trades for you to keep in your back pocket should BTC break to the upside of its triangle soon. Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ Can't post the list here due to house rules.
Traders, Unfortunately, this week, my video failed to upload to TradingView. However, it is against house rules for me to suggest where you might be able to find the video, so I won't do that here either. 😉 And on TV, I can't simply upload the one I had already made because it takes a live stream and converts it. So, on this one I am stuck posting without the...