Bitcoin broke out of it's previous range while still in an uptrend.
As soon as you stop trying to predict the market but simply follow it, volatility will work for you and you will seldom find yourself on the wrong side of a trade.
Crude oil is in a newly formed downtrend and made a new 50 day low today. Thus we have the opportunity to go short and possibly capture a bigger trend.
Silver is still in a major downtrend with it's recent pullback facing heavy resistance.
Brief introduction into the world of options trading by using a simple example.
I talk about a popular way that news agencies try to explain all moves in the market.
Watch this video to learn why it's dangerous to trade on thin volume as happened today with holiday weekend in the UK and US.
Watch this video to learn about how you can improve and supplement your trading strategy with a trend filter.
I talk about what simple things you can do in order to become a succesfull and disciplined trader.
I talk about the single most important thing that caused me to fail as a trader for a long time.
A bearish RSI divergence combined with Alligator and resistance fractals provides a very agressive short entry with SL above the current high.
Recent price action seems to look like a head and shoulders reversal.
After yesterdays price explosion, a bearish RSI divergence developed on the 1h chart. Resistance fractals at the upper BB combined with the divergence provide the possibility for an agressive short entry. SL is above current resistance fractal.
Support fractal at lower BB, bullish divergence and alligator curling upwards indicate long opportunity. SL below swing low and /or below lower BB.
Bullish divergence, fractal at lower BB indicating an upcoming buy opportunity.
Support fractal at lower BB and Alligator curling upwards. SL below recent swing low.
Bullish RSI divergence, support fractal and BB indicate a long entry. Supported by leading alligator curling upwards. SL goes below recent swing low.
Looking at alligator, BB and rsi, a small pullback from the recent drop is possible, providing a good entry point for shorting with SL at the recent highs.