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Bill_williams

XRPUSD: long setupAfter looking at the latest Ripple price movement, I have come to the conclusion that the instrument is about to continue its bullish trend as: - the price has broken the narrowing price channel on April the 2d and then retraced to the previous zone of support of the previous price highs; - the instrument is currently moving above the blue Alligator line (Jaws) with AO indicator above the zero line which is also a bullish indication Thus, I forecast a bullish scenario for XRPUSD and will be looking for buy signals on the daily chart or intraday timeframes, Such signal could be a "Saucer" signal according to Bill Williams trading strategy.
BITFINEX:XRPUSDLong
by AlexStanilevych
FNTP: USD/JPY Small retrace, then long for several days"From Noob To Pro Trader"-series: another test case and prediction from a complete noob :D. My mission is to become a better trader by making solid predictions. Then, learn form my mistakes and enjoy the times I was right. I predict that, when the AO gives confirmation of a bearish market on the 4H level, we go down for a few hours, then we'll retrace from there and long for the next few days (bigger timeframe). Any help & comments from pro's welcome! If you want to support me, join 1Broker with my referral id: 1broker.com
Short
by polyclick
UPDATE: Bitcoin, Build em' up and Break em' down (Elliott Wave)EDIT 2: This chart was the obvious winner... Wave 2 are rarely triangles. This is the alternate count that I am currently favoring over the last chart I published (). Looking at the 3H and above there is a pretty big bullish divergence all the way up to the 12H. My original thinking, that I published in my other chart, was that since wave v (on the current chart) has so much momentum compared to wave iii, that wave v was actually the first wave of an extension. At this time it appears that it is actually a leading diagonal like the current chart shows, and that this is in-fact an extension, however, we have not completed wave 2 of the extension. What I had labeled as wave 2 on my original chart is most likely wave a of 2. I was simply eager for this big down swing that is on the horizon. Good news is that we can increase our positions by longing and then re-shorting the top :) The targets here set up some very nice harmonic patterns. The low target is 231 and the high target is 240. The low target 231 will create a very nice Gartley Harmonic, and the high target 240 will create a very nice Crab Harmonic. Depending on what the lower timeframes dictate, either one of these prices will be an extremely good short with a very tight stop-loss and very low r/r. As was said in the first chart I ever posted "Want what the market wants" do not want what you want! Let the new information organize itself rather than trying to massage it into old categories. One of the most harmful things you can do in trading is anchor on to an ungrounded belief. Nobody trades the market, we all trade our individual belief systems. When someone says that "you can't do this" or "the market will do this" they are really talking about their beliefs. If you learn to trade your individual beliefs about the market you will find that you end up seeing a lot more possibilities in all markets, and you end up profiting with much more ease. There are basically two kinds of beliefs: limiting beliefs and liberating (chaotic) beliefs. Many traders are stuck in a limiting belief system because they refuse to admit that they are wrong, or simply because they cannot see any other way. Once you learn to trade your limiting beliefs for liberating beliefs trading becomes much more like a leisurely stroll through the park, rather than an arena where you are fighting other traders to the death. Good Luck and Happy Trading! :)
BLong
by Intuit
6
Likely Elliott Wave Count for BitcoinGreat place to start re-opening shorts with a tight stop-loss. Counts on the lower time-frames support the ending of Wave 5 of 5 of c of 2 of (3) There's also a big bearish momentum divergence on the AO at this time-frame and a 62% retracement of wave 1 of (3). Since this appears to be a Wave 3 of (3) on the horizon the next drop will be extremely strong. Bulls beware. "No amount of thinking can accomplish what a small amount of not thinking can."
BShort
by Intuit
14
Bitcoin forming horizontal triangle? (Elliott Wave Analysis)The best advice I could ever give anyone about the market is to "Want What the Market Wants." Do not want what you want , that will produce anxiety and doubt. Align your personal beliefs with that of the market and then trading will flow like a calm river of success. So that raises the question: What does the market want? On a weekly timeframe, the market has been trending down for some time now, and my indicators are still saying the weekly trend is DOWN. Solidified by the fact that we failed to break the weekly up fractal at 310, which would have changed the weekly trend from DOWN to UP. Bearing in mind the larger trend, we come to the 12H chart: On this chart, I have labeled what I believe to be the most sensible Elliott Wave count that I came up with, which is a bearish horizontal triangle. Here are a couple of reasons why this count makes the most sense to me: Wave A is most likely a three Wave C momentum is relatively weak compared to Wave A Wave A fractal top is still in-tact. Fibonacci Time and Price targets are within normal guidelines for Waves A, B, & C The predictive targets for triangles are relatively hard to develop, however, on my chart I have made an attempt at predicting the end of Wave c of D and wave E. Wave E in particular is very difficult to target, however, once it is completed we will definitely get a major swing down into the 100s or possibly double digits. I have labeled on my chart with green, yellow, and red dashed lines possible major support levels. Which one we will stop at I am uncertain of until we are closer to that point. However, there is a high probability we will stop at or near one of those lines based on Fib extension targets. Once this chart is resolved we could end up getting another one of Bitcoin's famous Moons™ I think this is actually more likely to be the final doom that I mentioned in my first chart. My time-targets for the end of the major cycle degree Wave 4 start around April 20th, that doesn't necessarily mean that is when we are going to begin the major uptrend, but it is likely that once we've gone past that date that bitcoin will be ready for the next major cycle Wave 5, which will happen sometime before the end of the time target in August. My guess is that we start the next Moon™ in June. Important Note: This chart is INVALID if we break 294 and particularly 310.
BITSTAMP:BTCUSDShort
by Intuit
11