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Trendisyourfriend

When everyone screams recession; run the other way!You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement. What are the common sense clues? The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier? Why can't we make some serious profits after 10 years of an absolute garbage economy? Headlines for the past two years have been all about Elon's gaffs Very few called the recent FANG "crash" All of the technicals are moving in the right direction Fundamentals are easy... when EVERYONE is calling for a recession, we know the opposite will unfold FINALLY: Show me an historical All Time High back to the great depression, then show me breaking that ATH, finding support, and it not creating a new bull run. The trend is your friend and stocks are in full bull mode with no signs of reversal. -racethehair
DJ:DJILong
by racethehare
14
Short Squeeze + Discounted price = Bear NightmareAs we make the "Three Drives Pattern", the bear shorts will come in even heavier - one final time We have an obvious ascending channel and we need to follow the trend. Weekends are typically higher probability for bull runs. Stocks are climbing Fundamental Analysis: Retails investors don't want to miss out on "the bottom", even though this is not the bottom. They are in the belief that the market was manipulated to drop, so Wall St can by at discounted prices before 2019 Technical Analysis: Retail Bulls are waiting for BTC to hit $3,600 again before buying (but it won't), and will realize they missed out (especially on a Saturday) and FOMO in big time at the end of the 3-Dives Please leave me your thoughts, I appreciate the feedback -racethehair
COINBASE:BTCUSDLong
by racethehare
1
Bitcoin: Look Left - Structure Leaves Clues?As with all my posts, please know that this is very likely going to be completely wrong. A buddy of mine wants to quit his job and trade crypto... and none of you care about that so to make a boring story short, it reminded me of a bit of advice I once heard... Look left - Structure leaves clues. Whether or not I am right or if the advice is crap, I don't care. I wanted to simply document my idea and see what time tells. That being said, I literally took the fractal from the top to the current bottom and flipped it. I set it to HL/2 for no special reason and stuck it on the chart. I would imagine someone may have done this already, but if not, then here you go... Now it almost looks like all my trendlines magically tell a story, but please know that if you draw enough lines on your chart the price will eventually hit one of them. Disclaimer: I do not guarantee anything in this chart because honestly, this is just a random idea pulled outta my a$$ (where most good ideas come from). The price could easily ignore my chart completely just to confirm my stupidity. I am a noob trader, I accept this. You should too. To repeat, I am not a professional trader (I don't even play one on TV). I do get quite lucky sometimes, maybe this is one of those times. I will gladly accept any criticism, comments, or critiques. I'm still trying to learn. Be nice. Be mean. I don't care, just be something.
COINBASE:BTCUSDLong
by arvo
Bitcoin: Take the red pill or the blue pill?I'm just putting this here because I can and I'm curious to see how this plays out. It's very probable that this is completely wrong. Hopefully some of you will see this and tell me how stupid I am and share your insightful thoughts about where you see things going (being a dick about it is optional). I'm neither a bulltard nor a beartard, but from my analysis, you may think I am some kind of tard. Either way, it is what it is. And yes, I know my charts are a mess. I'm OK with this. Just because a chart looks pretty, doesn't mean it has the right call on it and just because a noob shares a chart, doesn't mean it has the wrong call on it (although this one could have 2 wrong calls on it). I pulled a possible fractal off a drop on the left side of the chart, if you look close enough, maybe you'll see it. If you don't, maybe I'll post it. I then converted the candles to lines (HL/2), cloned it, mirrored it, and slightly manipulated them to fit into my chart to make it look like I know what I'm doing. Don't let this fool you. You get what you pay for and this is free. Thumbs up, thumbs down? I accept my fate. Disclaimer: Drugs are bad. mmkay? I do not guarantee anything in this chart because honestly, this is just a random idea pulled outta my a$$ (where most good ideas come from). The price could easily ignore my chart completely just to confirm my stupidity. I am a noob trader, I accept this. You should too. To repeat, I am not a professional trader (I don't even play one on TV). I do get quite lucky sometimes, maybe this is one of those times. I will gladly accept any criticism, comments, or critiques. I'm still trying to learn. Be nice. Be mean. I don't care, just be something.
COINBASE:BTCUSD
by arvo
3
Trendline Frenzy & Much More.....its an Art!!So our last analysis on AUD/USD about 3 weeks ago with the Inverse Head & Shoulders to complete Wave 4 caught us 130 Pips. Now we have multiple confluence to enter short for the completion of Wave 5. BUT HOLD ON A SECOND!!!..... We are waiting for bearish confirmation off the retest of 2x Top Neckline and RSI bounce to the downside off 50.0000 on market open Sunday-Monday. You can learn our analysis, keep updated and catch pips or just have yourself a lovely time chatting by joining our new Telegram Group Chat! Follow us on Instagram #FXL_Style t.me FXLifestyle - Trade Your Future
Short
by FXLifestyle
HEATING OIL, CHANGE IN TREND!Alright, so I was actually expecting Heating Oil to go higher, however this didn't happen. I believe that prices could potentially go down to lows of 1.8800 however I would be very careful as prices are approaching our ''V'' Have a strong look at your volume indicators guys as prices approach our key level (1.9000) We could see a sharp reversal as prices approach the 1.9000 level, HOWEVER. Prices could of course reverse and take out our prior high at 2.0400 , to then reach lows of 1.8600. Let's wait and see what happens guys!
H
by Graignm09
EURUSD Insights/Ideas EURUSD have been in a strong bullish trend since 2017, we will not be going against the trend unless we see strong bearish signals to indicate us/put us in lower risk. There is both Short and Long Opportunity depending on how it played out on the levels moving forward. I don't feel good when price hovers around a 52 Weeks High, it shows me that price will want to break that level taking out stops that people placed around it. The movement might go as high as 1.216X, we will be watching out for strong bearish signals before making a move. Intuitively, its too late to long and too early to short now. Likewise, remember the trend is always your friend. Like me on Facebook!
by SCUM4
GBPUSD. Is it time now!?Hey guys, GBPUSD is at the retest of the previous highs that were broken in the last period. As mentioned in the earlier GBPUSD analysis (here below) weekly and daily charts are telling us the trend is overall bullish, and therefore i want to take that into consideration when looking at lower timeframes. Be ready to long this market if we have some kind of weakness in the 4H and 1H chart. I'll keep you updated! If you have ideas/questions, feel free to comment below. Otherwise, see you in the next chart! P.S. If you want to take a look at my videoanalysis click the link below!
Long
by Roker1
11