Followup
Follow up to previous target reachedIn my last CAR post at end of March, “For our Sins,” I gave an initial target of 323. It hit that today.
It got a re-impulse (bullish) or whatever you want to call it on the Impulse BF (I don’t even know the terminology you traders use, I just know how to make a lot of money sometimes).. I think it continues higher to complete the bear crucifixion . Next target 420.
This is a ripe environment for massive squeeze, whole market is about to squeeze you can feel it in the air - CAR is especially set for this.
Not financial advice. Sorry bears today ain’t your day but it will be soon... maybe
GBPCHF | Live position review A follow-up detail on the GBPCHF that was published earlier this week (see link below for reference purposes) where the first entry-level was adjusted to 1.21391 (comment box) and this has since been triggered. Despite the display of lower highs since the beginning of the week, we shall be anticipating a breakout of the bearish trendline identified in the 1H timeframe to be a signal that supports our bias for bullish expectations or allow price to run through our stop-loss.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPCHF | Live position review A follow-up detail on the GBPCHF was published on Monday (see link below for reference purposes).
Despite hitting stop-loss on the same day of publication, we are currently running with 52pips in profit. Stop-loss has been moved to 1.21940 and let's hope the price hit our TP before the week runs out.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDJPY trade idea... (late follow up)Kinda of got lost in the sauce with this one. Other trades pushed it off my radar.
There will be more to come!
Look out for the Weekly Forecast. Should have it up by Sunday eve.
Last week included 3 winners, currently still running! There were others still developing, but I went with what was hot and ready!
Enjoy your profits! Enjoy your weekend!
Let me get some feedback. Honest opinions are welcome! DM me for requests.
If you have questions, I'm usually very responsive.
Take care, until next week!
[FOLLOW_UP] GRT buy opportunityThis is a follow up of my previous idea which I keep updating and it's going as planned.
Entry and exit: I'm modifying the TP's a bit and setting the entry point to current price for those who haven't entered yet as I did. Selling half of your position at TP 2 and the other half at TP 3 would yield a RR of 1.5 if we consider $2.36 as TP 2 (more safe) or 1.7 if we choose $2.58 as TP 2. With this approach you can almost secure the breakeven if the trade goes bad. If we move up the stop loss to $1.53 we can get a better RR but we would be at risk of ending a trade that could still go right. Thanks for the love in my other idea guys, I'm waiting for your comments.
BINANCE:GRTUSDT
Sunday trade review NZDCAD long. Afternoon traders.
Every Sunday I review the trades I am currently entered before markets open.
One lesson I have learnt over time is sometimes the best trade is the one you already in.
Here's one trade I am still currently in from the 11th of November on NZDCAD long. Trade status is running at a risk to reward ratio of 1: 3.63 before markets reopen.
The strategy I am using here on the H1 time frame has shown best results following the trend with a stop loss.
I'll hold this trade to next signal occurs as the 144 pips gained so far could well increase or if trend reverses I'd still expect to bank a good few pips of profit.
For more information on the strategy I am using please feel free to message me.
Bitcoin prediction follow upPartial profits should be taken.
TP and SLare shown in the diagram
Do always use trailing profit
If you like my analysis do like and comment below whether you agree or disagree from my analysis and do follow me. As I regularly post the prediction on all major forex currency pairs,gold,bitcoin,and stocks like Tesla
Note this is not a trading advice and I am wrong 100%
UGAZ followupFor those who wanted a follow up on my UGAZ prediction here it is. The white line in the middle of the chart is the day I published my idea and everything to the right was unknown at the time. The reason it doesn't look the same is because I deleted the old chart but I remade it as best I could without making any changes for what was placed where. So enjoy :)
LTC BOOM: How to MAXIMIZE PROFITIf you would like to be up to speed on all the indicators not mentioned please see my previous post from June 4th, 2019 (linked below).
Possibilities
It appears that LTC has developed a sturdy support line at 0.014 BTC (white line), previously a resistance line. THIS IS GREAT NEWS. LTC will likely go towards the 0.5 fib line next, we may see some major resistance here. In the event that this resistance is overcome we will most likely see a cup and handle formation appear with LTC jumping up towards the 1/1 gann ratio. I put a possibility of the initial curve in green. If the 0.5 resistance is not broken, there's only two ways to go, sideways or down, you might want to sell here . Now you may be noticing a lot of "may"s, "might"s, and "most likely"s...
Here are the issues
The RSI is super bearish. I'm not going to lie, I feel it; this is a big boom, and at this point I can feel the FUD. 5% in a bear market is always a "too good to be true" feeling. Also, there really is no solid support line close in range that comes next, this gives LTC a lot of room to fluctuate and lack of predictability: not good.
But...
This is crypto. We are going to see big bull runs, way bigger than 5%. It is reassuring that this is LTC, a coin with a reputation for rallying right before a BTC bull run. And despite the RSI, Crypto Compare lists LTC as 3rd in total USD volume, that's always something to consider.
My prediction
This is going to play out as a cup and handle, the first curve will follow the green line I drew roughly, sell here to be safe . If the resistance is broken at .01888 BTC, get ready for a legendary bull run, but I do not think it is likely. If you have bought: I wouldn't sell. If you haven't bought: you can, but prepare for a dip if you buy late, this seems like a good way to make 20% returns, but you have to be careful with your timing.
BAT/BTC Basic Attention token a Follow-Up, and possible scenarioLast post:
' BATBTC Basic attention token small rebound expected, not rallies'
Written ~3949, later rebounded to ~4200, then to now ~3650
Future scenarios:
Scenario A:
- Supported at ~3600 (Last trend; 50EMA)
- Trough seen in a few days, need to refer to MACD and stochastic
Scenario B:
- Does not find support
- Next stop could be 2600-2800
I hope buying it lower though.
EURGBP Update And Follow Up Of The Buy IdeaH1 - Bullish divergence is now gone, which means we might be going lower to complete a triple cycle.
We want to see bullish divergence forming on H1 again, before attacking buys.
Invalidation – If the price moves higher and breaks above the trend line before completing the triple cycle, then this setup is invalidated (false breaks can be neglected).
Follow Up, Going Well. Short WTISince my last post, i stated that it had difficulty going past 46.20.
If that fails that we are clear in the downtrend and we should short.
Target is still 41.61 now.
Action would start and the fall will commence significantly when the 20EMA crosses the 50EMA.
Good luck trading.