Institutional_trading
$ETH - How Low Can You Go? $1,175-ish, I think? So after drawing the fib From the previous fall to the new high, I was actually see the top make a "resistance" line form. And Samart Money always tells me that those resistance lines will be broken. I just thought sooner than later, So I was Scalping at the top getting 40-50 tpips about 3 times when I realized it could drop. So I stopped scalping. (And I should just the damn sell button on MT4) I realize there are two liquidity levels that it could fall under. The first is nearby, the second is just above the 70.5% retracement level (my favorite level because it always hits it or comes really nearly) So My gut is telling me we're going to see it drop below both of those liquidity levels (What I mean by liquidity levels is that those levels appear to be "safe support" levels, when in actuality the big institutions know that and know you'll buy at those levels that I have marked in gold lines one the left, while instead they drive the price deeper cause in you to go negative and they receive and buy at a discounted rate, "discount" is relative to the price at the time. I’m) So I'm thinking 1180 is a safe place for a buy limit if you're buying on an exchange. But, if you
're trading futures or CFD's like me, you want to be more precise, so I'm thinking 1175-1176 ish. I don't know just yet and I'll have to wait and see what happens when/if it gets there.
Depiction of price on the way down.
GBP/USD Institutional TradingHello everyone!
I am sharing this possible next trend for the British Pound against the United States Dollar.
We observe that there are many zones were liquidity has not been taken yet (at the bottom of
the wicks marked with €), while many of them were hit (x). This is why institution are probable to point towards that liquidity pool
in order to gain from other retailers stop losses.
Analysis were performed on the smaller timeframes as well.
Personally I am aiming for at least 3 clear entries as I reported on the charts with a very little stop loss.
Since we do not have all the tools that big institution have I advise you not to jump as soon in the trade, but wait indeed for confirmations.
FX:GBPUSD
GBP/AUD Institutional TradingHello everyone!
I am sharing this possible next trend for the British Pound against the Australian Dollar.
We observe that there are many zones were liquidity has not been taken yet (at the bottom of
the wicks market with € ), while many of them were hit ( x ). This is why institution are probable to point towards that liquidity pool
in order to gain from other retailers stop losses.
Analysis were performed on the smaller timeframes as well.
Personally I am aiming for at least 3 clear entries as I reported on the charts with a very little stop loss .
Since we do not have all the tools that big institution have I advise you not to jump as soon in the trade, but wait indeed for confirmations .
FX:GBPAUD
US30 > institutional tradingAs you know, institutions do manipulate the market. We can see that many times liquidity (retail traders stop losses, sell limit etc)
was hit before continuing the normal trend.
This might be a good entry point for a short position since the market after taking the liquidity returned to its previous high to then sell off at our
entry point.
XAU/USD > intitutional tradingHello everyone!
As you know, institutions do manipulate the market. We can see that many times liquidity (retail traders stop losses, sell limit etc)
were hit before continuing the normal trend.
This might be a good entry point for a short position since the market after taking the liquidity returned to its previous high to then sell off at our
entry point.
OANDA:XAUUSD
www.colibritrader.com
XAUUSD SHORTPrice broke the previous uptrend without retesting aiming the previous support liquidity area, leaving an imbalance at 1906-1895.
After a period of consolidation price created a downtrend formed a new trend liquidity which then were swept by a single instututional candle before creating the recover
of the previous break. Now price is going to the imbalance area meanwhile retesting the break. I would not enter below 1970 for a sell as soon as the price arrives there, but would wait for everyone to enter on a sell and expect price to do the contrary, creating a stophunt. So basically i would enter only after this scenario.
AUDUSD4hr structure price is creating lower lows
from the previous high we had POI , so we are basically waiting for the 50-55% retest of those institutional candles which is the area 88.60 on fibs.
Sl 20 pips because price might come to the liquidity area , swep it and then coming down. There i would go for a possible stophunt. Let's see the price action as soon as NY is open
$ETH - If You Dare To Short the Dreaded "Crash After ATH"This is what that short might look like. There's a bearish order block just above the Unbalanced Gap on Jan 19 at 2100 CST at the price of 1396.05
I'm leaving quite a bit of room to be in the red because I see a possibility that it could spike throught the high once again before the fall so I added an extra $10 to the high. But I've been saying it for two days that it would fall a little after the high, retrace about 80% amd then fall again. And the 80% just happened to the perfect moment to make the short. That's the MO we've been seeing in all the other crypto's.
I have marked out 4 take profit zones as I feel those are potential areas it could reach and possibly turn around and go back up with reaching the full 100% of the short trade that I'm calling for.
I still think 1145-1133 is an area to where it will spike really hard and turn around and go back the other way just because of the level of liquidity near 1150 and the bullish order block around 1133. The fact that the 150% Extension of this trade is right at the level that I've been calling to watch for it to go into liquidity and return bullish is what makes me believe this is very possible. Confluence is King. You can see my entire markings of the chart if you just move it around and you can find those areas I'm looking for. I believe it is overall bullish but it is in that area to where it wants to scare people with a fall so they will sell and so the institutions will buy back at a lower price.
My short Idea is more geared towards those playing the Futures or Contracts for Difference markets. And not the people that have a staking or equity account where your ethereum holds value. Don't touch those accounts. Don't try to sell where I say and try to buy back up where I say, that is not how this works. Again, the Idea is for those playing Futures or CFD's. If you don't know what either are, it's just best to ignore this idea :)
Just my two cents, at the same time we see ETH start to decline and have that scare, watch Bitcoin, I'm almost positive it will be on the rise. So if you're a trader, you might be in luck to also get a short out of ETH/BTC.
Good Luck and Happy Trading.
Tedzily aka Bodies X Wix
KRAKEN:ETHUSD
Ok so how long can we keep scaling this Skyscraper?Bitcoin has a bright future. A future that will change finance along with many other Cryptos a future I have no doubt holds in the cards Bitcoins that will shuffle hands at 6 figures. This post here isn't here to debate that. Rather to ask and to wonder what does the future of such a golden child hold from now until April? Bitcoin in no doubt has been pushed into a meteoric rise from depths of 5k dollars last year to 700% as of writing this now. In the last month and a half blitzing its all time high and doubling it. The momentum unshakeable as it cuts through short stop losses like a knife pulled from a furnace onto unsalted butter left out in Arizona. Billions of dollars have been ripped forcefully from Short traders hands as bitcoin has relentlessly gone up in an exponential function best described as y = x^3. It damn near has gone vertical.
With any type of price movement like this doubters emerged. In fact doubters have been emerging, in force since 10k, 15k, 20k ,25k, 30k, 35k and 40k. All but the latter being wiped clean. Yet all had one common true belief in common, this can not go on forever. There must be some significant dip, dump, crash, fall, correction, doomsday, trend break, slip or whatever you want to call it, to establish at the very least a new line of support. This is just how all assets work overtime, immortality is only contained in the reams of fiction or in certain types of Jellyfish who float amongst the Pacific and Atlantic Oceans. So when will Bitcoin shuffle lower. That is to where I see it on one of the two trendlines I have generously drawn pointing back months and months? Additionally can one make a decision to dump some bags perhaps even reverse position and have patience to enter back in? I write this to say despite how precarious BTC's price action has been Bears ought to be really careful.
This last week someone on the Cryptocurrency Chat shared with me a link to btbt.com that showed a live tracker of Greyscale holdings of Various Cryptocurrencies, namely of my Interest BTC. Viewing such you can observe long months of stagnation followed by steady buying for roughly a month followed by another flat stagnation in holdings. While in many of these periods of stagnation BTC has gone up, the addition of more BTC those times are correlated with strong price movement in BTC's underlying price. Well surely many of you will say, "Yeah Rustygee I know institutions manipulate price so what?". And others will say "Greyscale is a drop in the bucket, you are drawing correlations where there aren't any, greyscale is chasing prices up to not get left out". I have certainly found myself on both sides of this debate myself. The truth is nobody has the answer, but what we do have is data and the mission statement of the fund.
The site: www.bybt.com
Why I hope to convince you the reader of in the next few paragraphs is that by observing Greyscale investment holding information you can help identify fair price or stable prices based on where they are adding coins.
So why does anyone actually buy shares in Greyscale? I mean if you are going to own cryptocurrency, a product or commodity whatever you think of it as, that is based in its decentralization why place trust in a central party, one which it's mechanics are obscured to you? Well its boring people that's who, not people who are reading post here on TV. Its either Pensions, management firms or older people who do not want to wade into the waters of having publics and private keys or don't have children they can ask to do it for them. Greyscale while having some institutional backing is mainly upper crust retail investors, and as such helps serve as a gauge of the continued interest in bitcoin above the shouting fray of the twitter cacophony. This question is for the managers of Greyscale, when do they decide when to purchase with the new funds they have acquired. They clear have on/off times for when money can be invested but surely they are some bit strategic on when to gobble up new coins, and we are talking over thousands of coins a day now as of recent.
As with a regular ETF you would find on your Schwab or Robinhood they are obligated to rebalance daily, if not multiple times a day, they cant really wait for a better price as they aim to mirror the asset as close as possible. Greyscale though isnt an ETF, and presumably they do get some choice in the matter on when to add Tokens to their coffers. And add tokens they have, adding 65k~ in the past 30 days that's 10% of the total fund's value, and 8762 as of the 19th. Despite BTC rocking between 32k and 40k they have added 32k tokens alone in the past week. To me this indicates that those who are managing Greyscale do not foresee such a correction or dip lower, it almost seems panic rushed buying given how much buying relative to the fund's size we have seen. Presumably this is the case with other BTC funds out there, and with Coinbase opening a Custody program for ultrarare customers, it seems patience isn't a virtue going on right now. If perhaps I was working at greyscale and I had to add the equivalent of 1% of Greyscale's fund size in new BTC purchases soon, buying at 36k,40k,or 32k if lucky wouldn't really concern me as the average cost basis wouldn't be too effected by it. Conversely if like this week where they added 5% of funds value in new purchases with the information at hand I would try and wait until there was some return to those supports drawn above, perhaps snag those coins at sub 30k. It seems these big buyers know something we don't know or know the benefits and future price will make the differentiation between 28k and 35k look like nothing.
The future for BTC is bright, and I am currently going to baghold half and then look potentially into a short of the other half if shorter term supports are broken, yet do it with tight stop losses and a willingness to quickly swap long as soon as the rooster wakes up.
LONG STORY SHORT ; It seems that large institutions are unconcerned buying at these very high prices despite technical being strongly suggestive of a short. Each bitcoin they gobble up is one less that is likely in the trading pool and locked away. They probably dont see short term downside so why should we? Tread carefully and fully expect to be wrong.
GBPNZD SHORTLooking to go short on GBPNZD lot of confluence on the trade
1) Sitting on my institutional level 1.9150
2) Making a trendline rule i use in taking trade
3)The market is in overall downtrend
But i am still waiting for candlesticks formation to hop on this if there is no candlestick confirmation then am not taking the trade
DXY ANALYSISOn my last post i mentioned DXY should drop to that trend and during that drop USD should be weak which actually played out i took advantage of it caught a buy on EURUSD and a sell on USDCAD so now i expect DXY to gain strength so USD should become strong now And i also have a setup for EURUSD sell which is a good correlation EURUSD setup in my next post
Analysis on EURCAD from an Institutional PerspectivePrice has continued to take out highs, where liquidities are rested... looking at how price took out the liquidity below and rallied to the upside, a mitigation is expected on the last bearish candle before the rally up.
1.5785 First Profit Target, R:R 1:4.3
1.5970 Overall Profit Target, R:R 1:7.69