Economic Cycles
Took an L on XRP/USD - Lessons Learned!Trading is a journey, and not every trade is a winner. My recent XRP/USD position didn’t play out as expected. I went in with a bullish bias off the 4H timeframe, using Smart Money Concepts (SMC) for direction and entry. My analysis was aligned with inducements, CHoCH, and order block retests, but the market had other plans this time.
Key Takeaways:
1️⃣ Stick to the Plan: The setup followed my strategy, and though it didn’t work out, I trust my process. Losses are part of trading.
2️⃣ Risk Management is King: Keeping my risk low ensured this loss didn’t impact my account too heavily.
3️⃣ Market Lessons: Every loss is an opportunity to refine, reflect, and improve for the next move.
Even the best setups can fail, but consistency and discipline keep us in the game. The journey continues!
If you’ve been trading XRP/USD or faced a similar outcome, feel free to share your thoughts or feedback. Let’s grow together as traders.
#TradingView #XRPUSD #Crypto #Losses #SMC #Forex
Bless Trading!
XAUUSD 2/2/25XAUUSD remains clearly bullish this week. We can see this through price action and, of course, the Orion bias, which is also bullish. We've maintained a bullish bias since the last weekly low was created, and we’ve successfully followed this entire upward move over the past couple of weeks.
If you followed along, congratulations on a strong long-term trade! However, we are now focusing on intraday and day trading opportunities. Please note that we currently have no target, as price is sitting around the all-time high. We expect price action to continue reaching new highs, but exercise caution, as we are in an exploration phase, meaning price is moving into uncharted territory. Look for rebalancing, which presents opportunities to buy back into the next expansive move.
We have the V2 Entry Level Indicator running, and the dotted lines represent our high-volume lows—key areas of interest for identifying expansive moves into new highs. Right now, we have two priority lower areas, which we will monitor for potential re-accumulation of long positions. However, since we are in an exploration phase, price may continue moving higher without retracing to these levels.
Watch for one of two scenarios:
A pullback into the lower areas, followed by an expansive move upward.
Continuous expansive moves, with new lows developing along the way.
Regardless of how price unfolds, our bias remains the same unless the bias changes with the daily—we anticipate further expansion to the upside.
Trade within your risk parameters, follow your rules, and always let Orion guide you.
EURUSD 2/2/25Heading into this week, EUR/USD is the first pair we are looking at. We have a new filter applied with our Orion Entry Level V2, as well as the Orion System running in the background.
The bias has been shown as bearish, so we are looking for the following. Note the two pre-established highs above, along with a high that is yet to be recognized, as we have not joined the new trading week to confirm that candle closure. That gives us three highs to target and ultimately a heavy cluster of lows marked as the lowest target, along with a high-volume low just below the current price.
We're looking for an expansive move down, but overall, we would love to see a pullback into the highs beforehand, remembering that the higher timeframe is giving us our bearish bias. So because of this, we will look to follow it.
Remembering that we only take trades if the entries are given, and until we hit the points we want to trade from, we do nothing more than let the market run its course.
Trade to your risk, follow your rules, and always let Orion guide you.
AAPL 1.22.2025 IdeaMy assessment is a fair price on the stock of $230 per share. AAPL now sitting at $222.5, I believe there is a high probability for a 5% up move within a few months.
Entry would be favorable if AAPL =< $220. I would enter direct shares here.
AAPL is of those companies that will be affected by tariffs. However, AAPL has benefitted from expanding its services economy. In other words, AAPL is not reliant on iPhone sales to drive their FCF. This opportunity is one for those looking for a discount on a MAG 7. Just be patient! But be flexible and anticipate further disruptions.
KAS Cycle Update 01/31- Completing the Feb to Beginning of MarchKaspa is about mid-way through its current 60-day cycle. As it did not show particular strength after the last cycle low, I suspect it will chop around until the next daily cycle low (DCL), which should also be a Weekly Cycle Low (WCL).
To show that this year-long range has been an ACCUMULATION pattern rather than a DISTRIBUTION pattern, Kaspa has to stay above 0.10 and DEFINITELY not lose the lower box.
Invalidation of a distributive top will be confirmed if it breaks above the most recent blue trendline.
From the longer trendlines (the strong red below and the upper blue), Kaspa is currently in a compression wedge.
The next DCL/WCL should be telling. If Bitcoin (still the king) can show some strength (it is also coming up on a DCL/WCL), Kaspa should follow, and the next DCL/WCL, when confirmed, should be a great entry point for a long.
The yellow path is my current expectation of Kaspa's path (bullish bias).
Thanks, Uncle Camel (CamelFinance,) for the insights on cycle theory.
USDJPY Shorts Based on Current Re-DistributionBy combining Wyckoff and SMC principles we have a clear guide on what to expect, and what to do when it happens.
Patience is the name of the game, so set your alerts and hang tight until then.
- Option 2 could turn into a short term swing trade (until we reach daily demand levels)
GOLD/XAUUSD Aiming for New Highs? While the US and BRICS (Brazil, Russia, India, China, and South Africa) aren’t in a formal trade war, tensions are rising. BRICS nations are working to reduce reliance on the US dollar, challenging its dominance in global trade. This “de-dollarization” effort and geopolitical shifts, like sanctions on Russia and US-China disputes, are fueling uncertainty. The USD surged by over 7.1% and was the only currency to see a positive growth in 2024.
What This Means for Gold?
Gold thrives during uncertainty. As BRICS push for alternatives to the dollar and tensions with the US escalate, demand for gold could rise:
Hedge Against Currency Risks: If BRICS reduce dollar usage, the dollar might weaken, boosting gold’s appeal.
Geopolitical Tensions: Gold is a safe-haven asset investors flock to during economic instability.
Global economic shifts are driving gold’s narrative. Trade wisely!
Apex out!
BTC | Developing Distribution Pattern | FractalsWe're looking at a disjointed channel dating back from 2019 capturing all the last two cycle tops and bottoms without having to use the log scale
This distribution pattern caught my eye as it seemed very similar to the fractal top in 2021 and of course we can spot partial fractals of distribution all over the chart like the ones I circled in yellow
As we trade in this top like area we have to remember BTC is a Risk-On asset and is sensitive to economic data
Lets take a look at altcoins CRYPTOCAP:TOTAL3 at the bottom, we can notice that every time there was a developing continuation pattern, perhaps a bullish flag in this scenario, BTCs price slows down with CRYPTOCAP:BTC.D looking weaker within the 60 - 65% zone
Seeing this I dont think we'll see a 70% dominance with alts looking to rise from the dead and to shoot for for the moon🌝
🎯My relevant post shows targets of $115k BTC from the falling wedge breakout also in confluence with a fib extension eyeing at the same level as the flag pole target, 100%
We can also overshoot to around $120k
One more thing when we line up TOTAL3s bullish patterns with BTCs price you'll notice BTC starts to underperform and while ALTs look to over perform
We all know what happens after ALTs hit the moon and BITSTAMP:BTCUSD may be telling us something is coming soon.
Stay tuned for more BTC updates and lets get through this together🚀
SL Elliottwave AnalysisChart technically, I believe we had a nice impulsive run in 2021, completely the wave 3. Followed by a wave-4 flat correction. Now im anticipating, wave-4 has bottomed in Dec 24 and the price is now starting to rise towards new ATH‘s.
Sanlorenzo (Yacht Business) is a rather unknown company. But a true gem IMO. They had good growth over the past years and are showing great financials, with solid net-margins. Insiders where buying this stock aggressively (pricerange marked in green).