if you have been following any of my latest charts then you will know atm i am flat...however i am following the market very closely and so far i have not been convinced that this wave 2 was done. Well after taking a look at the time symmetry between the corrections of the previous sub-cycle as you can see there is clearly time symmetry. So why would wave 2 of the...
New developments in chart. We seemed to have formed a bearish continuation triangle. Took profit on 271 long around 273 so glad to be out of that. So far right now I have no position open. Be careful trading the breakout of this triangle as alot of times we will get a false break to the upside and then a hard down. Feel free to ask any questions and I will do my...
Feel free to ask questions. Also the big correction might not be labeled correctly and could be a more complex structure, however it does not change this setup imo. Happy Trading
This is simple an alternate wave 2 scenario where we would just have a regular zig zag abc instead of the expanding flat i charted on the previous update. Happy Trading!
This is how I see the current spx count and will continue to update. Right now we are holding atm puts and some otm 275, all expiring end of August. Happy Trading
All details on chart...Oh and don't ever let anyone tell you indicators are worthless. Remember, its not the tool that makes the man, but the man that makes the tool :} Happy Trading!
Just wanted to share this analysis as it has helped me to stay in my longs during the last few sell-offs. I always like to have a general path I want to see price following, with exceptions of course. This is how I see the intra-day cycles as of 5/2...Happy trading
Bullish consolidation, bears pushing according to rsi, as you can see it is fading support on the 40 level which typically signals bull trend continuation from my experience. I wish I could add additional pictures of the lower time-frames because there are indications to me that this current push from the bottom of the range will more than likely be the start of...
Sell the house, the wife, and the kids! It's time to buy btc...if you follow me on Linkedin then you know we are already long. This could honestly be the start of a mega bull trend...enjoy :} & Happy Trading
All details on chart, ask if you have questions about something. We have two possible scenarios as I see it, both mapped out (obviously not exact, just general path I want to see). Either way, as of now I see btc make a push up to the upper bound of the traingle, and possible a breakout on this run. We will have to wait to see how things develop to determine the...
If your a more agressive trader and looking to catch some pips then check it out! I have taken 10% of my position here and then will add through 17400...remember this is a risky trade so be cautious and go light! Happy Trading!
This a very high risk to reward setup. If the longterm target is not reached and we are headed for a correction to the current cycle, we still have a great short opportunity.