The Bitcoin-Secret: How We Made HUGE $$$ - And Most People Lost!D4rkEnergY wants to reveal something for you. I shared it with my Team, and we made more than 150 % on Bitcoin. But how did I know, that we would continue to go up, WHEN basicially everyone was betting on DOWN. We were part of the 5 % who made money. We CHOSE to be contrarians, and THAT is exaxtly what you need to be once in a while.
I will tell you the secret - and you will be part of our Team ASAP, so you can learn from this and dont miss out on the next run - Let's Understand The Situation We are In - How Dumb Money plays, and how Smart Money plays!
1. The pros/whales/smart money were accumulating Bitcoin around 3,000 USD. Notice that the volume is relatively low. The idea behind that is obviously not to attract attention, but also to do it in smaller bits for a longer period of time, so the price won't go up. I was the first one to spot that.
2. A lots of these people are still holding - obviously some of them have secured profit during the journey.
3. Whales have pushed the price higher and higher and higher, and short are getting killed. But how did I know we would go through 6k and 7k? The reason is that you have to think like a Whale. I have been writing more about that here:
4. Whales are now waiting for retailers to go LONG and turn their bias, which is about to happen. BUT and this is super important.
They are also hoping they can hold this price for a while, and that the main stream medias will pick up on the story, so new people will FOMO in - AND if that is the case we might even see BTC go to 8,5k-10k USD
5. As you now can see, things are getting really clear. The Pros have bought in the accumulation phase, or we might have bought at the 2nd, 3rd or the beginning of the 5th wave.
The Dumb Money/retailers have been Short ALL the way up to the 5th wave. And NOW they finally will go LONG.
6. So here comes the question for the professor - What will happen now? The Smart Money will obviously Sell and take massive profit while the Retailers once again are stuck - this time in a LONG on the 5th Wave.
That is the difference on how Dumb Money and Smart Money operates.
No1 D4
Please leave a LIKE, and I will keep you updated! Thanks in advance.
Contrarian
Everyone sees the same key level you do(3/24/2019)Yes, this pair is on a key level. Everyone sees the same thing, which brings out a contraian approach on this pair.
While price might go up for the next session, longer term I see it to continue to fall.
They want OANDA:EURNZD to trade at a lower level.
BA: Speculative at New All-time High with Contrarian Long-term POnly 2 of the DJIA components are currently at new all-time highs: BA and PG. Boeing gapped and ran up on earnings news with a boost from HFTs and buybacks. Currently, the number of shares held by institutions is dropping. Vanguard, Blackrock, Price T Rowe, State Street, Capital World Investors, Northern Trust, all giants of the Buy Side, have lowered held inventory in recent months. The stock is at a speculative price as smaller funds buy heavily and buybacks of up to $14 billion move price up. Whether this will be a good strategy for BA this year remains to be seen. The chart is the Long-term Trend Monthly chart showing the severity of the speculative buying. Also you can see the Cycle chart pattern using the DPO indicator with a failure to trough V shape. Volume shows a steady decline as well. These are contrarian indicators to what price is doing.
BTC Shorts indicating a drop may be imminentIt pays to be a contrarian and never is this proved better than the BTC Shorts chart. In most cases, when it peaks into a resistance area shown in blue (and traders are betting that BTC will drop ) BTC rises or at least moves sideways. More telling is when the shorts fall down to a support area shown in pink (and traders are predicting BTC will rise ) ... BTC has tended to begin a violent drop .
Essentially more often than not, BTC does the opposite of what the masses are predicting = be a contrarian.
BTC is now approaching this support area yet again, IF this plays out as before we can expect a big drop in BTC to be imminent. I would imagine something in the $2500 area to be feasible.
At the very least, this is something to be aware of when making your own Technical Analysis.
Please give me a thumbs up and follow me if you found my analysis interesting.
This is for educational purposes only and not a recommendation to buy or sell.
When will the FTSE 100 be in a Bear market?Looking for when the FTSE 100 may enter a Bear Market. Despite the media saying a 20% drop is a signal for a Bear market, the real number is 16%.
Taking a measurement of 16% from the previous high in the summer of 2018 and a 16% drop comes to around 6442.
If price drops below this mark, (red dash line) this could signal the Bears are in full control.
Taking a measurement (purple line)from how far the FTSE dropped in the last recession and price could move to around the 4800 mark.
Bitcoin Fools"The main purpose of the stock market is to make fools of as many men as possible."
-Bernard Baruch
If Bitcoin were around 100 years ago Baruch would have been more broad with his quote. Nevertheless it is apt to all markets.
Before the last selloff there was much buzz on the Discords about a big move coming in Bitcoin. I do not subscribe to any of these Discords but I hear second hand. One trader showed me the BTCUSDSHORTS chart. This chart tracks the open interest in short positions on Bitfinex. The trader that sent me this gem had an interpretation that as the shorts were drying up... it meant that Bitcoin was going to go long. I found their reasoning to be completely backwards. Just to put my money where my mouth was; I did go short a week before. Being a contrarian paid off; as it does in the long run for any market.
As far as predictive indicators of market timing with Bitcoin I would have to cite the relationship between BTCUSDSHORTS and the underlying price as the most useful at the present time. Nearly every time that shorts were at a major high, meaning the most people were betting on a bearish move, the market instead rallied or continued to consolidate. I would chalk this phenomenon up to either the wisdom of Baruch, traders naturally chasing the market, or perhaps both as a unifying theory. The bottom line is; the market will not let the most traders have profits... especially now when the bubble of 2017 is long past.
In the future and until it proves otherwise this comparison will serve as a valuable indicator to traders and I highly recommend it be integrated into any long term to swing trading analysis. My present interpretation is that the opportunity for going short is much less attractive. A "record" number of short positions are open at the moment. Shorting Bitcoin is the most crowded trade. Even if Bitcoin goes continues bearish the reward does not justify the risk.
The Death of the Stock Market and Why Most Traders SuckThe good traders never get famous. They're lone wolves. They won't give you what you want because being a good trader requires peak IDGAFness.
What you want is 8 meticulously detailed and data intensive paragraphs about why the stock market is going down 53% from the ATH and how you could have know that back in October. But you actually don't need to know anything about finance to see it in the chart.
Why waste my breath? I posted the chart. A picture is worth a thousand words.
The people who will benefit from this trade idea are the people who are free thinkers. You will see the chart and think for yourself: How could this be 99% accurate and/or how could this be 99% wrong?
You need to be able to envision both possibilities in your head and manage your risk around what is the most probable scenario. Forget the narratives, forget the "news".
.....But I dont need to tell you good traders that, if you see this post your already figuring out what you can learn from this chart; the rightness and wrongness of my idea (statement) based of of your own interpretation.
Like modern art it tis.
This is honestly just a normal market cycle. A measly correction is unlikely. Once we fall past the MA200 its a rippity rippity wrap. (but first Im gunna long the bounce off the MA200 before it continues to break down)
BEAR GANG GOING FOR THE SLAM DUNK
US 30 Consolidating: Expect Shave after the HaircutFibo 0.62 retrace from Mar/Apr lows to the Sep high intersects lower support trendline at 24750. Lower is possible, but... just sayin'.
See Chart: res ipse loquitur.
The downdraft should stop and pivot somewhere between the two support lines in chart. Should. Might.
Expect a 0.50 retrace up from the pivot before next move.
Expect another flashcrash to test the lower support sometime this week. Panic is wearing off now, although the indexes declined today VIX was also lower most of day. This is a pattern we see in consolidation- volatility, still high, but settling off peak highs while equities continue to decline and much whipsaw price action is evident.
A consolidative pattern should emerge going into week of the 22nd to complete the Zig-Zag correction that began in January, with breakout to upside anticipating the Nov election. In spite of rate hikes and t-bill yields, earnings should propel equities to higher levels by year-end, and the looming recession is not yet in sight over the horizon.
A fifth Elliott Wave going into the new year might carry prices to still higher levels before the real break- probably later in 2019.
A bear market will likely arrive next year.
The P/C ratio and bear:bull bias are so high now the contrarian view suggests we are near a bottom.
So many pundits calling for the Great Crash of 2018 it probably won't happen.
Great Crashes always happen when no one expects it, and everyone is wildly bullish!
Transportation index is already forming its bottom, it is a leading indicator for the industrials. DJT up 65 Monday, with Dow off 90.
From Monday close there might be another 500 pt drop left in the bear wave. Risk:reward for selling short now is more risk than reward.
Puts are so expensive you would need a massive selloff to realize significant gains, and the darn things run down so fast, even when you're right, you're wrong.
I bought a few just in case anyway!
This is purely an educational post for your amusement and is not intended as any kind of investing advice. That said, I am accumulating longs as covered call writes.
Good luck!
Long First & Then ShortWe look at candlestick patterns and volume to determine when to buy / sell. On 6 September 2018 at 8am the share price drops by more than 25% on the basis of procurement and capital estimate news representing a potential awesome buying opportunity for the brave. A contrarian investor believes widespread pessimism about a stock can drive a price so low that it overstates the company's risks and understates its prospects for returning to profitability. Identifying and purchasing such distressed stocks, and selling them after the company recovers, can lead to above-average gains. Since the price moves up more than 5% in 15 minutes between 8:15am-8:30am, this is a superb buy entry point because there is a lot of volume behind the movement . In addition, the shooting star is confirmed a few hours later and we have a situation where this represents the trapped buyers who quickly realise they may have overpaid for the position as the price stops rising. When the second candle closes lower than the prior candle low, it indicates that every buyer on the shooting star candle is now underwater. The tension builds until the proverbial trap door opens. Greed turns into fear as liquidity vaporises, which in turn causes more panic selling.
VEN Bounce PlayVEN is sitting just under 20 RSI on the daily. The chart is pretty bearish and there is no support until 9k satoshis. I believe that we will slowly trend up due to a buy the rumor sell the news event with the $BTC ETF. I place the horizontal resistance levels at 35k sats and 40k sats. This is where I would plan on placing my exits in this bounce.
BTCUSD Bullish CaseThere is a possibility for a triple bottom and potential reversal. Let's see how this plays out.
This is not forecast unlike my other charts, just an idea/possibility that has a realistic chance to come to fruition.
People called 4k when we hit 6k bottom and where I bought, people called for 4.8k at 6.45k where I bought, people called for 5k at 6.1k where I bought (few days ago, as seen from my post in other chart),
likewise I sold at the tops when people called for moon. So, I feel pretty confident and like to keep all possibilities open and I think 13k is realistic and will be met someday and this third time has the highest chance.
If it fails, then we can look at the gold chart how this will look like, which I highly doubt, since big money has not entered yet.
A - Is Agilent Topping Out or It's Just Me?There was a predominant uptrend at least throughout 2017 (it made about 45% after first breaking out in Jan '17).
However, with the increased volatility in the general market and in this stock's price action specifically, the wedge pattern forming can be expected to progress for at least quick bearish pullback.
That is where I'm placing my bets. At least if the uptrend is to continue, I am bearish for now as the stock takes a breather after the 2017 run up.
Stop @ 70.56
Target @ 65.31
Short Term Bullish: Super Simple IdeaI think a clearly bullish pattern is when there's a "well-known and basic" bearish signal and yet it closes higher. It shows strength and it's like the market says "f. you" to the bearish signal and goes higher.
(Vice-versa also applies; if there's a well-known and basic bullish signal and then closes lower, there will be further bearish movement).
In this case, there's an inverted hammer/doji and yet it closed higher.
The psychological explanation may be that traders will "panic" because it goes the other way against their prediction and will be scared to hold that position.
Just a guess! Let's see how it goes.
Silver: Very interesting junctureMonthly and daily charts show Silver is oversold here, and turning up...The confluence of technical signals and contrarian potential of this trade make it extremely interesting and definitely worth a try.
If our long positions work, we could end up riding a massive uptrend to $25+-, or even higher, provided we first go higher and break above the monthly modes on chart, to eventually signal the uptrend to $25+ as per the chart. This signal isn't yet active, but is within the realm of the possible and logical.
I'd reccomend keeping some exposure to gold and silver, specially now, given the charts and sentiment.
Best of luck,
Ivan Labrie.
16-Feb-2018 Gold correction... (Daily)Gold rose nicely yet approaching the resistance zone.
Short price signals formed on 1hr, 4hr timeframe and it looks like a price signal is forming on the daily.... so I've entered on the sell-side.
ATR: 14
2N: 29
ENTRY: 1352
STOP: 1381
R1: 1338
R2: 1324
R3: 1309
Hmmm... I am developing a contrarian habit because the line of least resistance on gold is up!