SnarkyPuppy

SnarkyPuppy

The idea here is that price does not really need to go to the 10k-12k region for support because the real valuation is already actually there. BTC, as an asset, is the same percent value of total dollar supply as it was in 2019 when each coin was worth about $10-$12K. In USD terms the 16K to 18K region seems to be a no mans land... which in truth it kind of...

SnarkyPuppy

Up trend strong, pull backs seem to be respecting fibs which only tells me that there is possibly professional buying interest. Economic stage fits a good backdrop. USO etf is almost too heavily traded imo opinion, and it gets muted returns because of the size of the fund inflows and outflows. Also because the companies that make up USO also have the same muted...

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The 2 major issues with all trend trading systems = 1. whipsaw = or when signals fire but are immediately reversed = you could be wrong 2. A smart entry hardly ever looks like a "good entry". = you feel dumb How to avoid: 1. trade size and stop losses = risk management = Expect whipsaw and plan for it 2. Trade size and stop losses = risk management =...

SnarkyPuppy

Chart is healthy. trend is present. economic stage set for capital to flow in to US OIL and Gas industries.

SnarkyPuppy

Natural Gas is trending very nicely here. The one commodity that is feeling upward pressure without respect to broad market activity. Finding the fastest horse in the fastest sector is how trend traders stay relevant. Natural gas leading commodities. But still worth keeping an eye on other trends in commodities to continue upward in current market .

SnarkyPuppy Updated 

Low risk long entry on Luna. The previous low is a bit too far away for a "low Risk" trade but this chart seems to be respecting the fibs and so using a close below the .786 as a stop loss is really tight but that's just what you have to do. The proper thing to do here would be to reduce your trade entry size and allow for the market to stop you out below prior...

SnarkyPuppy

Posting this up to see where it is in the future. Script Published

SnarkyPuppy

Posting this up to see where it is in the future.......

SnarkyPuppy

Trend trading strategy. Long when daily RSI 14 goes over 60. Close when daily rsi goes under 40 . Simple yet powerfully accurate in the past. Just gave a signal to go long in btc after closing position near 60k . See previous 60/ 40 post for full description of implementation and concept of the RSI 60/ 40 strategy. Other helpful indicator on this...

SnarkyPuppy Updated 

Trend trading strategy. Long when daily RSI 14 goes over 60. Close when daily rsi goes under 40 . Simple yet powerfully accurate in the past. Just gave a signal to go long in btc after closing position near 60k . See previous 60/ 40 post for full description of implementation and concept of the RSI 60/ 40 strategy. Other helpful indicator on this...

SnarkyPuppy

Interesting trend to watch in 2022, Good strong trends here for tin and aluminum

SnarkyPuppy

Trends to watch in 2022. Charts trending hard which is my favorite kind of chart, possibly could be good into the next few years... Battery Metals copper and nickel looking very bullishly trendy. Might be worth a look for 2022 and even into the next few years.

SnarkyPuppy

Trends to watch in 2022. Charts trending hard which is my favorite kind of chart, possibly could be good into the next few years...

SnarkyPuppy Updated 

The data on the chart is simple. When BTC tests and bounces off of the 20W EMA and then proceeds to put in an ATH.... It never trades below the test price again. Which means that $43K would at the very least be the bottom of the next bear market unless BTC Tests the 20W higher or does something it has never done.

SnarkyPuppy

Low risk long term bullish entry imo...... chart is inflation adjusted (divided by FED money supply data) Another way to think of this is chart symbol is "what percentage of total liquid dollars does the SP500 account for?"

SnarkyPuppy

The chart on the left is SP500 as a proportion of the total dollars available. We can see that the percentage of funds allocated to the SP500 is actually just now hitting the highs of 2008. All the action from 2009-2021 was below the 2008 peak. DEC 2021 broke the 2008 high for the first time in 12 years. It is logical to expect SP 500 to continue to move higher...

SnarkyPuppy

Trading view won't let me publish a lot of the indicator scripts I have written due to the code base upgrades and other factors. So this one is pretty simple and I think it can be covered in an idea. This indicator simply says buy when the 14 period RSI goes over 60 and sell when rsi goes under 40. Super simple and basic but when applied to the right markets it...

SnarkyPuppy Updated 

Posting this up to see where it is in the future . .. .