BAD
Advice to do nothing at the momentWe have breathlessness of sellers and we broke a resistance which is a strong support since May 2017 and March 2018 i advice to buy until there is a high volume of purchase green . Attention ! be careful it could just be a pullback and continue to follow the low tandance.
ETHEREUM Dismissed Sharp Rise! After how long we had waited for our 'bread winner' ETHUSD to let us in, on the right signals to enter, and start this Monday morning on the green - the markets decides to consolidate under $191.18 bringing us back to the bears trivial losses. The price is tested but i would not enter until i see enough Bulls charge up a slope.
Bitstamp deeply flawed since "new" system implemented, feesHaving migrated from Coinbase, I believed Bitstamp to be a good exchange. Until I looked here: coin360.com . If you are on Bitstamp, you are being charged a LOT in fee's, and ever since their acquisition in a friendly merger with a South Korean company, their system cannot keep up with it's own order book. Worse yet , it offers only 5 pairs, and a coupling with BTC (optional.)
Migrate asap.
Fortis Fortuna Adiuvat.
ASX/APT neutral but looking for a shortAPT now range bound with bearish divergence on the RSI and lower highs target 14.95 failure of lower range support will look for longer term shorts.
Short the herd $cronsorry bruvalicious retail, but this is about as good as a short can get. divs and para this and rs i am sure this going to tank.
#Reshape | $RSLS is probably THE BIGGEST SCAM in entire #NASDAQ!#Reshape | $RSLS is probably THE BIGGEST SCAM in entire #NASDAQ!
REALLY? Yes! If you trade this, you will probably LOSE ALL YOUR MONEY!
Patient guys, don't be madHello, today we are see the whole "ask" positions. I think we need to trade against market. And some pause on 6300 tell us about bad mood and uncertainty of traders. I'll buy no so much on 6300, and wait 6400 minimum, 6500 max.
EURUSD Breaking Bad - Look to Short the next counter-rally EURUSD
EUR broke important support at the 1.15088 line on Friday and then collapsed in a near straight line towards the next line of support at 1.13679, after making a low 19 pips above here so far.
All these lines on DXY and Gold and here too are weeks old and none of these charts have had to be updated or amended....showing how slooooow most markets are compared to Bitcoin, which needs updating every day and somettimes more.
There's a lot to be said for the quiet life.
Bitcoin is Formula 1 full-on - or used to be : (
Everything else is so sloooow in comparison.
Still believe that Bitcoin provides the best training ground for trading across multiple markets - but they require way more patience usually, that's all.
The break on Friday looks like the prelude to bigger a break-down which should take EUR back down to 1.0855 and potentially as far back as 1.0490 through the Autumn/Fall period.
In the very near term the nearest support potential lies at 1.1367 and extends down to 1.1316 which should create a counter rally back to the 1.148-1.1508 range at best before it falls away again - it may be quite dramatic when it does.
Look to short the counter-rally with stops just above the 1.1532 level by a few pips.
Can use the DXY chart as confirmation.
TP 1 1.1118
TP2 1.0855
TP3 1.0490
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Bitcoin: BTCUSD Breaking BadBitcoin Update Breaking Bad
The dynamic that had been underpinning the rally yesterday
finally broke around the 7960 level triggering long stops and
the reversal point for day traders to flip back to short. The
subsequent high was 8006 so stops placed 50 higher came very
close to being hit but stayed good, just.
But swings were left waiting for a break below 7700 on
Bitfinex to follow short.
This break should lead to a decline back to 7221 where can
look to close out again, but ready to short again once 7200 is
broken looking for 6000 retest.
On upside initial resistance lies at 7620, (nearest stop for
shorts just above here now) and getting stronger at 7695. The
upper parallel should halt all rallies at best today before
Bitcoin begins to fall away again.
We can continue to sell rallies until the downside targets are
met.
A little insight on an little bounce for bitcoinKeep in mind before reading this I am new to the market, and what I say will most likely be wrong.
From the looks of the chart xbt will drop down to the support at 10750 before it makes a bounce up to the 11750 mark.
something is going to happen at some point. who cares reallydon't trust people you meet on the internet
Bitcoins end or a big bounce in the right direction?Before reading this keep in mind I am new to the market and this theory will most likely be wrong.
In my opinion I think that btc will drop down to the support at 11200Usd before it bounce up to new hights at around 23k Usd. I think this will happen since in the past bitcoin has done somewhat the same.
The other thing that might happen is that bitcoin will break the 11200 support and drop down to the support at the 5500usd mark. in this case it will be overtaken by other alt coins. if this happens I believe that it will be a horrible time for the crypto market were most coins will be down for months.
DXY: Chart Attack. Dollar bets on Comey good/Comey bad DXY: Dollar Index update: maybe Comey is just noise. Maybe he has a bombshell...it will be interesting to see if the dollar gives us any clues ahead of time. Right now DXY is saying No Sweat
UKOIL: Brent Crude - Bad VibrationsUKOIL: Brent Crude This complex is slowly rolling over and dying - just beware the death kicks
Tesla update: Unscrewing a screw-upTesla: Damn if it didn't do exactly what a good bear didn't want it to do. Just hope you got to see the updates to last comment on Friday.
USDCAD: Bearish bat pattern on the dailyHi traders,
On the daily USDCAD chart we have a potential bearish bat pattern taking shape. Entry and completion is at point D.
Entry: 1.35427
Stop: 1.36687
Target: 1.32140 = R:RR 2.61
Good luck traders! I will be updating this chart as time progresses.
TRADE OF THE DAY 25-02-2016 + 14 EMOTIONAL TRADES ($24.21)I STARTED TRADING LONG IN THE USDCAD AFTER THE PRICE BROKE A SMALL CHANNEL OF 22 PIPS TO THE UPSIDE, WITH THIS SIGNAL I ENTERED BUT CATCHED A LOSS FOR THE DAY OF -50.77, THIS APPARENTLY WASN'T ENOUGH FOR METO TAKE A LOSS, SO I DID REVENGE TRADING TRUSTING ON MY "INTUITIVE SKILLS", WHAT I REALIZED AFTER 14 TRADES MORE IS THAT BESIDES THE FACT I ENDED THE DAY WITH A PROFIT,IEXPOSED MYSELF TO TOO MUCH RISK, WITH AN ABSOLUTE DRAWNDOWN FOR THE DAY OF $-107.28, WHICH GIVES ME A RISK/REWARD RATIO FOR THE DAY OF 1:0.22,AND A PROFIT PERCENTAGE OF 80% OF THE TRADES, WHICH GIVES ME AS RESULT: (0.22*80)-(1*0.20)=-0.02 EXPECTANCY.
TRADING RESULTS:
(-50.77-40.80-26.51+1.69+15.32+17.52+0.81+62.16+1.69+4.12+1.25+21.12+1.26+0.38+14.97)
PROFIT/LOSS FOR THE DAY: $24.21
TRADE OF THE DAY 24-02-2016 ($1.90) 3 BAD EMOTIONAL TRADESAFTER MAKING THE TRADE OF THE DAY, I FELT BAD AFTER FOUR LOSSES IN A ROW, WHICH IS NOT BAD AT ALL BECAUSE IS NORMAL IN MY SYSTEM, BESIDES THIS I DECIDED TAKING ANOTHER TRADE WHICH IS NOT IN MY SYSTEM, AND THIS MADE ME GAIN A SMALL WIN WHICH STARTED EMOTIONS ON MY THAT MADE ME OPEN TWO TRADES MORE IS ORDER TO AVOID LOSSES. BESIDES I ENDED ON A PROFIT FOR A SCRATCH THIS WAS A REALLY BAD PRACTICE AND I APOLOGIZE FOR BEING A BAD EXAMPLE TO ALL THE GOOD TRADERS OUT THERE WHO TRUST ON ME.
PROFIT/LOSS FOR THE DAY: $1.90
GOD BLESS YOU ALL.
