tradersedgeray

tradersedgeray

approaching a double bottom, higher probability on down trend invalidation at .36 or if BTC make new highs. add to short on daily close of .28

tradersedgeray

Barrick Gold coming into demand zone and could be a potential pivot point for a long if this zone holds up, historically its a strong support.

tradersedgeray Updated 

Picking the tip not the best way to trade, but if this becomes a pivot point on the compression range and we break down their are gaps to be filled below POC =) trade invalidation = upper range break = flip long

tradersedgeray Updated 

The Doji Star has been printed on the CME daily close for the week, interesting fact when you look back on historical charts CME opened trading on BTC futures December 18th 2017 and the real downward pressure of Put options began.... have we reached the top or are we going to get a blow off top formation

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DOW JONES INDUSTRIAL AVERAGE, I have boxed the support zones with target prices, these are key areas to target if we enter into a bear market. you can short into these ranges for a high probability pivot bounce off the demand zones and flip long. if you see these zones break you can follow the trend to the next zone..... (this is a long term outlook chart and...

tradersedgeray Updated 

The XJO has had a weak bounce compared to its big brother the S&P, its now consolidating ready for its next move a potential double top I have been in and out short on this one and with all the government stimulus I have played this one wrong. Maybe I should have focus my shorts on the Aussie banks and flipped the XJO as a long. As 1.9T of stimulus rolls out in...

tradersedgeray

Wow this would have to be the biggest hype stock of 2020 with huge momo as it got added to the S&P at the end of 2020. What I see is a huge risk to reward potential over the next coming weeks TSLA should be printing indecision candles as the volume dries up and traders look for direction. I'll be looking for shorts mainly due to my biases as this company and its...

tradersedgeray

The dixy is putting in a double bottom a pattern that normally breaks at the triple I'll be looking at shorts at the break and add to the position targeting the demand zone. then this will become a potential long with huge upside potential.

tradersedgeray

looking at this institutional 5 day chart BTC has a gap to be filled. As BTC has been pushing new highs in the momo trade it has now hit a pivot and had a change of trend on the daily and weekly and looks like classical distribution of smart money as steam dies down. Shorts are favored to target the gap I would only be looking for shorts until the gap is filled.

tradersedgeray

From the AUDUSD hitting capitulation in march 2020 with a massive short squeeze bounce mimicking the GFC bounce of 08 this could become a break out or break down point if support holds .76 its a long into the supply Zone add to position on strength target .79 and .85 If we see supply zone rejection scale out and look for potential shorts. The aud will most...

tradersedgeray

double top, consolidation upper level would be a long on BTC

tradersedgeray

XJO range bound 5890 key level to hold, short on weekly close if trading under

tradersedgeray

Short play once 96 fails to hold

tradersedgeray

Short QAN into the range 4.10 to 3.85, play the range until Brocken.

tradersedgeray

APT is back in play taking out previous highs, I see this as a blow off top move and will be looking for weakness next week Monday 19th. Their should be lots of chop if we break the psychological number of $100

tradersedgeray

Gold needs to shake more longs out imo i'll be buying the fear between $1800 and $1730. If $1730 breaks I'll cover with a short on silver and add a long term position on the miners.

tradersedgeray

short position on will be adding to short once range is broken, hedge position using SL1!

tradersedgeray

failed break out confirmed Silver is now back in the upper range, if we test the lower range market structure could be easily Brocken and their is more reward to the down side, I will be entering my trade on ticker PAAS and covering any pull backs on SL1