UnknownUnicorn1542001

UnknownUnicorn1542001

Here is how I trade: 1. I find WINNING investments (aka: Above the 200 hour EMA) 2. I look for clear winning scenarios (aka: Low crossing stochastics) 3. I play the odds in my favor (aka: Using stop losses and take profit levels) Way too many people have a pride for the economy. They think that it can never go down. They are almost insulted by the drops in the...

UnknownUnicorn1542001

Above you will see a pretty quick analysis of NASDAQ:AMZN . All the indicators that I follow point towards a bearish movement here. I also believe that it will continue bearish until it hits the support that I have in purple. As I always say, plan for both scenarios. In this case, a bullish scenario is unlikely and if it does happen, it will probably get...

UnknownUnicorn1542001

If you have been following me for a long time, I have always been a blockchain tech bull (fundamentally speaking). I have always felt like the technology can offer so much more too our society and that eventually it will be accepted. I was also one of those people caught up in the euphoria of the 'thrills'. Making 20% in a day was an unbelievable thing. Then it...

UnknownUnicorn1542001

Trading SP:SPSIBI or a similar index is a nice way to use volatile markets to grow an account. An even better way to do it is to trade AMEX:LABU which is a 3X leveraged version of the index (this increases the risk a lot and has decay involved. Meaning it is a short-term hold). I see a bullish divergence on the bottom indicating a potential reversal...BUT I...

UnknownUnicorn1542001

As you might know, I love my divergences. I think it is one of the easiest ways to spot reversals without lag (i.e. Basically every other indicator will tell you to get in after the reversal occurs. A divergence will get you in before it happens). The only caveat is sometimes it takes multiple drops before the reversal occurs. This means that divergences are great...

UnknownUnicorn1542001

I am a firm believer that market predictions are predictions. They aren't facts. I am not here telling you which way the market will go. I can honestly say that I do not know. I am here to explain the probability of movement in one direction or another. That is what it is about. Remember, anybody can make a chart look convincing in one direction or another. The ...

UnknownUnicorn1542001 Updated 

AMEX:SPY right now is in a volatile time with the rest of the US market. Although many indicators are pointing bearish, I am seeing this potential bullish scenario. The inverse head and shoulders would be a pretty big deal if it comes true. I would probably say a run towards the all-time high could happen. Here is the key: this IH&S is only proved false if we...

UnknownUnicorn1542001

AMEX:XLU seems to develop bearish divergences that push the price down towards this bullish trend line (in the purple). The bearish movement could take some time to develop. We could see more bullish movement in the short term.

UnknownUnicorn1542001

Today we have a fun one because I love making money. There is nothing better than nailing down an awesome trade and today I am going to teach you about something called 'divergence'. It might seem a bit complicated at first but it will be well worth it. As you can see in the BITFINEX:BTCUSD chart above, the prediction is stupid accurate. The Basics You are...

UnknownUnicorn1542001

Today's post is going to be a quick one but it is important. I think that understanding support and resistance levels is one of the most important things you can do as an investor. They are key indicators of market movement and they can be used in so many different scenarios. The biggest issue is that people use them incorrectly! I posted the other day talking...

UnknownUnicorn1542001

All over tradingview you find people trying to pick the outcome of a trade. Is it going to go up or is it going to go down? It is awesome! It gives us the power to see so many different ideas from so many different traders around the world. Here is the issue: It is very easy to skew a chart to look bullish/bearish. If you move a few lines around or look at a...

UnknownUnicorn1542001

So look folks, I do a lot of research and go through a ton of ideas and charts on Trading View, Facebook, and Youtube. Often times it helps me spark ideas (and sometimes I see a chart or an idea that I absolutely love!). The issue that I have been having is I see way too many people trying to predict the bottom for COINBASE:BTCUSD . This is totally fine when you...

UnknownUnicorn1542001 Updated 

I always like looking for coins that are doing well in "unique" situations. Right now, BINANCE:LINKBTC is going against the grain. The rest of the market is taking a hit and BINANCE:LINKBTC continues to crush it. You can see that it had a very bullish bounce off of the 200 hour EMA and my 15/50 EMA is crossing positive. These are both key indicators of...

UnknownUnicorn1542001 Updated 

I would consider this an early analysis of BINANCE:BATBTC . I say "early" because the current chart shows bearish indicators. As seen in the chart above, the RSI has fallen below 50 and the EMA is looking bearish. On the flip side, fundamentally and structurally BINANCE:BATBTC actually looks like it has potential too me. You can see that on the daily chart we...

UnknownUnicorn1542001

In Pt. 1 of this series, I discussed how the perfect trader looks at macro-markets. That piece is linked down below if you have not read it yet. Part 2 is all about short-term price movements in a bull market (I am also going to make one about a bear market). Disclaimer: In no way am I saying that I am the perfect trader or that you can become one. This piece is...

UnknownUnicorn1542001

The Perfect Trader Defined as an individual that never makes the wrong call. Someone that always buys the bottom and sells the top. (This is contrary to the normal trader who buys the tops and sells the bottom) I like to do something called "post-analysis". It is when I go back and look at historical situations to attempt to learn something (sometimes I do...

UnknownUnicorn1542001

Our good friend BINANCE:BTCUSDT is currently trying to play with us and it is our job to outsmart it and think like a whale to get the most out of the situation. Disclaimer : This post is not meant to say "BTC is going up!" or "BTC is going down!". It is meant to help you understand how to read charts and come to a conclusion. I rarely trade on the fact that...