jefferytheartist

jefferytheartist

The market maker algorithm has presented us with a potential buying opportunity. Mind you this is end of day so there may not be volume to push it to targets until next week. However... Based on the current price action that I see, there is a potential 10R setup at this exact level if it holds. Price action has respected this level previously and left fair...

jefferytheartist

The Market Price Action Algorithm has presented us with a potential long opportunity at London Session Rollover. Depending on how price reacts at this level, I may place a buy trade. I'm expecting this area to be approached close to London session. If I start to see exhaustion of selling energy and nice wicks to the downside in this area, I will be entering the...

jefferytheartist

I see price action has presented us with a potential short opportunity. I see an area of supply that gold is reaching. I am anticipating a sell off once it reaches the point of interest that I have placed on this chart based on my experience with the market algorithm up to this point. Do not risk anything that you can't afford to lose in these markets. Happy Trading.

jefferytheartist

The market's price action algorithm has given us a potential short opportunity. I am looking at a low risk sell limit order at this level based on the pricing that has been accepted in these areas. Please note that this setup is not guaranteed as nothing in the market is. Pay attention to price action as it develops. This limit may or may not activate today,...

jefferytheartist

This is a setup based on price action as it has been printed in the past. PCE data comes out tomorrow, we could see a push to this point of interest that I have the sell limit placed in. Price could easily push through here since we have a very tight stop loss on it as usual. But trading isn't about being right all the time. It's about being right in a...

jefferytheartist

Tonight, I am looking at this setup on EURUSD. Once the algorithm presents its mode during Tokyo / Sydney, we will have more information on whether this a potential long or short opportunity. I have notice that the market tends to play between bank levels that are set during the previous sessions. I call these levels true support and true resistance. Most...

jefferytheartist

With that being said, I am looking at this setup on US30 based on the current price action schematic that I see being printed by the market algorithm in relation to what I have seen in the past. The market is a cyclical puzzle but once you keep seeing the same pieces, you being to notice recurring patterns on the charts. Once you begin to notice these...

jefferytheartist

Hello Traders! First, 95% of traders are wrong and everyone's analysis outside of yourself should be taken with a grain of salt and a gulp of discernment. With that being said, here is my current outlook on EURUSD based on current economic conditions and price action that has developed. Due to the outcome of NFP last week, the current USD Unemployment Rate...

jefferytheartist

The fundamentals over the past week have been coming out as strong catalysts for bullish momentum on the DXY to continue. Therefore, I am currently still looking for SHORTING opportunities on XAUUSD. So if or when price returns to 1940 / 1945, I will be paying attention to price action as it develops and if it starts to look like buying pressure is fizzling out,...

jefferytheartist

We have a once in a lifetime trading opportunity that will be occurring at the end of the trading day. It is very rare that we know an asset will drop and the date that it will be dropping. GOOG is experiencing a 1-20 stock split which means for every share that someone holds of GOOG, they will receive 20. I am taking advantage of this drop on my Forex broker...

jefferytheartist

Nas100 created a "W" pattern on the lower timeframe after a major sell off at the bell. PPI came out with a negative so the market sold after a 100 point move to the upside post news report drop. It reversed at the previous NY session low and bought up 142 points to the upside. Based off the previous PPI outcome, I am still holding for a 300 point move to the...

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jefferytheartist

I trade from a strictly fundamental standpoint. The reason that 95% of traders are failing is because they are simply looking at a chart. The catalysts behind the movements of the chart and the why behind what's going happening on the charts is the news. Technical Analysis can only be applied properly once you have an objective, data based bias on the...

jefferytheartist

I recently discovered the power of Fibonacci in my trading. And even more recent than that, I discovered the Fibonacci channels and circles. This is a study to see how Litecoin responds in the future to come on these channels and levels. Stay tuned and let's learn together!

jefferytheartist

To note, I am doing this for my own records, first and foremost, as an experiment to; 1. To test the Fibonacci retracement tools. 2. Research the outcome of the prediction tool. 3. Have fun with trading and add to the community. I saw a video today about the Fibonacci Circle tool and it looked fun to use! I decided to draw it out on one of my dream pairs,...

jefferytheartist

I got these new fibs that I'm testing. Let's see how this mug plays out.

jefferytheartist

Price moved from this supply zone on the daily before and dropped about 300 pips. Maybe we can see the same wave occur again over the next few days. Surfs up!

jefferytheartist

XRP was adopted by a large firm in Southeast Asia for remittance service providers. This could prove to be a huge move for XRP combined with the crypto crackdown and the SEC's hard microscope inspection of XRP already.

jefferytheartist Updated 

The DXY is back in a downtrend right now, if this continues, we could see a push to even higher highs than we saw earlier today. Only time will tell. The market is a tool to transfer wealth from the impatient to the patient. Which group are you in?