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Swing Trade: Beyond Technical Analysisforex trading is one that can be intimidating to the average person. However, if
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I can teach you how to use technical analysis to make predictions in 5 hours. The offer goes for $500!
Entry: 1.77519
Stop: 30 pips
Take Profit: On the chart, you will see points 1, 2, and, 3. These are your exit points.
ADA | Trap or not ?Here are some facts we all know :
• An ascending channel has been formed for a few days
• We have a resistance close to us that does its job well and resists 😅
• We also have a support that is probably the stopping point of many of us
What I think happened :
• price reaches the support line and crosses it
• My reason is that there is good liquidity for the market leaders in that area.
• Now that the market sentiment is negative and traders are selling more, it can accumulate a lot of volume by passing support.
I am also waiting for the -hero signal
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Like if we are on the same side
Leave a commen t, if you want, we can argue with each other 😅
Follow me if you like my not-so-logical ideas
USOIL down 17.40%USOIL was down 17.40% yesterday in a sell-off caused by the news that OPEC is considering higher production levels.
The United Arab Emirates said it would support boosting oil supply because of the disruptions caused by sanctions imposed on Russia after Ukraine`s invasion.
President Biden imposed an immediate ban on Russian energy imports.
UK would phase out imports by the end of 2022.
Only OPEC Can Help The West Replace Russian Oil but until we see that, i think USDOIL will have another rally to $127 - $130.
I think the market overreacted to the news.
Chart MechanicsIt was only after studying the works of Ehler that I started looking at the charts as frequency. It was something so obvious that was staring me in the face but I couldn’t see it. Ehler is by far my biggest influence when it comes to chart analysis and indicator development, what makes him different is his background in electrical engineering. Many of my scripts are based on his work including Boom hunter pro, Tesla coil and the Center Of Gravity Oscillator. His contributions are so amazing yet are hidden away in the deepest corners of the Internet. Don’t believe me? Try google him. Since I first looked at a chart I wondered why the charts do what they do, why the same patterns keep appearing, how does Fibonacci fit into all this and what is really happening in a breakout…
What you are about to read is my theory and based only on my own research and theoretical science.
At first, I was searching for a formula or algorithm that would explain the rhythm and behaviour of price action with no luck. It was only after I converted the ticker into audio and started running it through some filters that I noticed it is not a digital signal at all. The waves and behaviours matched an analog signal. The only conclusion that I can come up with is at some point the chart ticker signal is getting passed through an analog circuit or a possibly but unlikely, a digital processor emulating an analog signal. This means the ticker data is travelling through a unit with electrical components, perhaps an audio amplifier or radio transmitter style circuit. My theory is this device is used to adjust the ticker price according to volume. When volume increases charts behave just like an increase in voltage, likewise when the volume decreases the price action operates at a lower voltage. I could go as far to say that a circuit like this is likely to be manually controlled by some potentiometers (knobs) that can adjust the voltage and bias of the signal passing through the circuit… but I won’t.
Ive narrowed this down to 3 possible reasons. 1. This device was created to “randomise” ticker price to make the charts operate how they do, or secondly., it was an accident. My third conclusion is a combination of 1 and 2. I suspect when originally transmitting the chart ticker data by radio frequency the data on the other side came out messed up and random. Before the 1980’s this type of interference happened a lot when sending an audio signal wireless and usually came down to need to boost the signal with gain. There is a possibility that they liked what they saw and kept it to make the charts interesting. If you make your own exchange you will see that price action is boring and does not move like the charts that come from exchanges. If this was the case then there is a good chance as technology improved the need to transmit by radio was no longer required but they still wanted the “price action” so they built a box to emulate this response without the need to transmit wirelessly. It works like a filter over the the ticker price.
A wise man once said “Understand magnets and you will understand everything.”
Without magnetic energy electricity can not flow nor exist. Think of it as in layers. A magnetic field serves as train tracks (grid) for electricity to travel. The path of the magnetic energy dictates the path of electricity in a physical form.
Magnetic energy has its own tracks, this field runs on a simpler set of rules than magnetic energy and does not have a materialised presence such as magnetic energy or electricity. You can’t see it, touch it or measure it directly. This makes it a theory impossible to prove in modern western science. Things like sound waves and light waves run on these rails , in fact everything in this universe is built on this field. To sum it up basically: magnetic energy is only required when materialising a wave.
Before you jump in the comment section and call me crazy please consider I am not the first to talk of these principles. There have been many before me such as Hermes Trismegistus, Pythagoras of Samos, Leonardo Bonacci, Leonardo da Vinci, Nikola Tesla, Albert Einstein and Ed Leedskalnin. Even Isaac newton devoted 10 years of his life translating the emerald tablets of Thoth in an attempt to understand these principles. In my onion these are some of the greatest minds to bless our planet in modern history (last 12500 years).
Why do I mention all this?
These rails are important…
The chart data coming from the ticker feed has analog processing, this means it is bound by these laws and price action is not random.
The screenshot below shows 2 rules important to consider when trading.
The waveforms of the chart MUST move within a channel. Channels can double or they can halve. There are an infinite amount of parallel lines within one parallel channel and infinite channels outside it. “As is above, so is below”. Every chart is just parallel lines within parallel lines. This doubling and halving process is the foundation of creation and life itself.
1 + 1 = 2... The first step of the Fibonnaci sequence. This is why Fibonacci lines and sacred geometry work on the charts. There is is not a Fibonacci line on the chart because that’s where all the volume is, There is a lot of volume because that’s where a fibonacci line is. I won’t go into detail on how and why but it has to do with the travel of polarity. The first doubling creates the first step in creating a vortex within this sub-magnetic rail system. Yes, there is a rail system that these rails run on too but lets not get into that. If you plot the Fibonnaci sequence on a 4 axis chart in every possible way (12 dimensions) you will be left with a very messy chart with lines going in all directions. Out of these lines there are darker areas where the lines cross over more often. If you look at these darkened areas it is a picture of a perfect 3 dimensional vortex. Inside this this vortex you will find all the golden ratio patterns as well as a Merkabah in the center and many other shapes you will recognise but thought nothing off before. I know this because Ive done it. What I'm trying to say is the fibonacci lines are hotspots of connectivity + flow and are essentially neutral zones for poles to connect and join this vortex to create a larger cell/vortex.
So what is a support and resistance line?
These lines are actually bands. And have the characteristics of a magnetic pull/push. The image below shows a parallel channel that price action flows in. The neutral line and support and resistance line are just smaller parallel bands and behave accordingly. In the image I use North and South as an example but at this level there is no such thing as north or south or positive and negative. They are just opposites. Neutral is the area where these opposite poles flow into each other and back out again creating a connection point for the next channel to attach itself. Consider this to be the eye of a vortex. This is similar to a parallel wiring configuration used in electronics, it is also how cells in our body divide and connect. Support and resistance lines are not only just straight lines they are also dynamic like a moving average (EMA) but these dynamic lines are built from this straight line grid. I use 4 labels to describe a SR line, active, inactive, static and dynamic. Active lines are involved in current activity. Inactive are not in use. Static - a straight line and dynamic - a moving line.
If you don’t understand, don’t worry, Its about to get simple…
In this screenshot below I mark out the strongest channel BTC is travelling in currently. In the chart on the left I have simply kept halving this channel. See how price action bounces between these lines. It's no coincidence.
In this screenshot I have drawn in the other active channels of price action. At this point price action (wave/current) is trying to charge up a new set of lines but but with only 2 connection points the current cannot delivery the energy and is required to create more connection points. At this point price action can only go in 2 directions.
In this screenshot we can see the waveform has now connected another line and can now pass more energy through. This a parallel connection effectively doubles the voltage and ohms of the link.
Using my Tesla coil indicator we can see the charts as a frequency. When the price action charges a connection point it creates an explosion. Well… Its an implosion. First the waveform needs to pull in and switch polarity before exploding outwards.
Below we can monitor the polarity activity using my Technicals pump wave: EVERY BREAKOUT FOLLOW THESE RULES.
So what does this all mean?
I don’t trade charts, I trade the signal that comes from the machine that makes the charts…
Why we are at the bottom (if no big sell off by "weak hands") At 27026.1 we can see RSI dropping down with price dropping to 26563.5$.
That’s also level on the volume where it started to rise again.
27.12 is the day with higher volume where the price gets to a certain level and people started to sell because probably didn’t believe we could go higher.
3.September, the date where we get into oversold territory
11. December - People with insider info starting to buy? There is almost no volume, but strength is building.
16 December - More people with „insider info“ because volume started to rise
23 December was some news out? Or people get „Christmas gifts money“ where they spend it. Even more news. More shilling people hopping in.
22. Feb - first sign we could be at the top
More believers we could go higher.
14. April - people earned a lot, the strength was already falling
19 May - People realizing there can be bear market
I’m expecting just wicks. Late shorters to push price just with wicks into 26500k area, maybe (depends on the strength) to 22k.
I think in next week we will find a resolution if bulls have the strength and will, to buy at those levels (26.5k) if not we can visit more lows.
Why Support Resistance do not work ?! - The truth (Big Players)Hello Traders!
This is a educational video about why Support and Resistance do not work.
I will cover how the market works and how the big players are using S&R for manipulation and in order to grow their wallet.
Hope you enjoyed this video. Tell me in the comment section down below if you are using Support Resistance and what you think about it. Are profitable with this strategy or do you combine it?
- Darius
Bitcoin; Cup and Handle Reversal?No one knows how the precise trajectory will unfold, but if this pattern holds it will be considered by many to be the official start of the new bull market phase. Now gaze upon my esoteric visions and ask yourself what you wouldn't do for a sensory deprivation flotation tank in your basement? I come up short when posed with such a question.
The Reason Why YOU Are Fish Food For WhalesThe Reason Why YOU Are Fish Food For Whales
That's exactly how most people react, who are greedy and don't understand the market.
Once Bitcoin is in high, many think it would only go up.
As soon as Bitcoin is in the deep, many think you could buy cheaper later.
But mostly the opposite happens.
You can see how easy you can become fish food for whales.
You actually buy their expensive coins and later sell them cheap.
Over time, you will lose more and more money until you end up with nothing left.
That's when a bull market really starts.
A tip: If you want to change something, think differently than others.
Why do I prefer short - term trading and even daily tradingHistory is never quite the same as, but there is always some kind of regularity and trend of the market is changed based on the change of the psychology of parties to the transaction, whether it is technical analysis and fundamental analysis and behavior analysis, the answer can not be on the market trend is 100%.
XAUUSD LONGGOLD IN MY PREVIOUS POST TARGET 1220 AND LOWER MAKING ITS NEW HIGHER LOW
XAUUSD SEEMS TO BE HOLDING FIRMLY ABOVE 1200 SUPPORT ALONG WITH A BULLISH ENGULFING REVERSAL PATTERN ON THE DAILY
WILL REACH 1300 AND HIGHER!
AWAITING A PULLBACK TO 1239-1240 WITH THE 50EMA AND PIVOT SUPPORT TO ENTER LONG