AudChf Long 6/11/19Think that price will go short then long, based off of the monthly. SL is tight, monthly should have a bigger sl but this is a demonstration
Liquiditypool
UsdMxn Short 6/5/19Liquidity void. There are actually haters on Tradingview, people ( I think the moderators but idk), like the photos where my SL is hit. That's so negative.
The BIG BTC Shakeout...Don't be fooled, BE PREPARED! FUN TIMES!Longs getting rekt, then shorts will get rekt and most will get left behind.
Looking at COINBASE:BTCUSD on the 3 DAY, because the big profit is in the broader moves.
When you throw a tennis ball hard at the ground, does it bounce higher than where you released it from?
-It's gonna come down even faster than it went up, and if buy orders aren't in place you'll be chasing an entry after the hard bounce.
-Violent move down just starting, longs getting liquidated and stop losses getting hit...still more pain to come.
-Think about how market movers leave the most people behind...destroy the hopes of 10k anytime soon, only to be above it after massive rally bounce after sweep below 6k. (HINT: LOADS OF LIQUIDITY BELOW 6K)
-This is the BIG SHAKEOUT.
6K will be broken just long enough to draw in all the bears and turn bulls to bears. Market will reverse and use all those shorts, which already outnumber the longs to rocket it's way back to 5 figures...
Close Below $5150 and I'd say this is a failed idea, but until then it's still bullish correction/shakeout.
What are your thoughts? Please share your ideas and let's discuss
NZDJPY DAILY. APPROACHING MAJOR LEVEL. LONGS FAVORED.See my weekly analysis on this same pair for the bigger picture backdrop.
Would like to see the market take out the lows, making a liquidity grab before taking off aggressively to upside.
Liquidando a todo el mundo (Swing: Long & Short)Bajo el concepto de que Bitmex empuja el mercado en función de que pierdan la mayor cantidad de jugadores, para de esta forma aprovechar la liquidez.
Los rectángulos rojos son pools de liquidez.
Entre hoy y mañana debiera subir el precio hasta los 8916-9072 para luego bajar bajar y bajar.
Short: Un buen punto de entrada para el Short es arriba de los 8914.
Long: Se puede operar el Long también, pero es un poco más peligroso. Un buen punto de entrada es abajo de los 8649. Yo entre anoche en 8522.
Recuerden, primero Long, luego Short.
En caso de que el mercado se lateralice más de 24 hs este pronóstico puede cambiar (ya que van cambiando los pools de liquidez).
AudChf Long 5/20/19My honest thoughts are that it will continue short based on the trend, but technically this makes sense and fundamentally last week I saw Aud strength
USDCHFX marks the Spot.
For a Bullish Price Action,
Swissie broke out into New Year Highs. Good to BUY on dips above 1.00900. Next Target at 1.02200.
For a Bearish Price Action,
Liquidity tapped at the Weekly Highs. Look to enter a SELL on a break below 1.00900. A short term SELL may pop around 1.01700 minor resistance. This may not hold price for too long.
I am more Bullish than bearish on the Swissie.
1st Target at 1.01700
GBPAUDX marks the Spot.
For a Bearish Price Action,
I expect further weakness on this cross. Continue to SELL on a rallies below 0.83450. Target at 0.78850
For a Bullish Price Action,
A close above 0.83450 and I expect some bullish momentum. Look to BUY dips above this price zone with Target at 0.87150.
I remain Bearish on this cross.
EurCad Long 4/22/19This week will probably be similar to next week as far as losses do to fatigue from sleep deprivation
AudCad Short 4/22/19Possibility for AudCad Short, it suits my strategy, simple break and retest off a daily OB. I am not going to take it
AudNzd Short 4/22/19Hey everyone! I am sleep deprived as hell, I mean T-I-R-E-D. Anyways see a short on AudNzd to be aggressive, overall i see a long at the pockets.
USDCADX marks the Spot.
For a Bullish Price Action,
Watch the fractals on the Weekly. We may be having a repeating pattern at play here. Bullish Target at 1.36000
For a Bearish Price Action,
A close below 1.32800 and I'll flip my bias to a SELL. 1st Target at 1.28850
I am more Bullish than bearish on the Loonie.
EURUSDX marks the Spot.
For a Bearish Price Action,
Daily Descending Trendline respected. 4hr Ascending Channel broken. Good to SELL on Rallies below 1.13000. 1st Target at 1.1130. Long-term Target 1.09000
For a Bullish Price Action,
If bulls reclaim 1.1300, we may begin a retest of 1.14700. This is unlikely as fundamentals continue to drive the fibre lower.
I remain Bearish on this pair.
GBPCHFX marks the Spot.
For a Bearish Price Action,
Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550
For a Bullish Price Action,
A slow grind UP on a very weak CHF. The CHF has been the weakest currency this month, Pound weakness doesn't show here. Look to BUY pullbacks, however, we may be hitting Weekly Supply Zone. If we break 1.32620, look to BUY pullbacks. Target at 1.34200. I'll be avoiding BUY signals as price appears to be topping out.
I am neutral on this cross at the moment.
GBPCHFX marks the Spot.
For a Bearish Price Action,
Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550
For a Bullish Price Action,
A slow grind UP on a very weak CHF. The CHF has been the weakest currency this month, Pound weakness doesn't show here. Look to BUY pullbacks, however, we may be hitting Weekly Supply Zone. If we break 1.32620, look to BUY pullbacks. Target at 1.34200. I'll be avoiding BUY signals as price appears to be topping out.
I am neutral on this cross at the moment.
GOLDX marks the Spot.
For a Bearish Price Action,
We hit a Supply Zone on the Weekly and price reverses. Look to SELL rallies with stops at 1300. We continue lower. Long-term Target at 1237
For a Bullish Price Action,
If bulls reclaim 1300, I'll flip my bias to bullish and look to BUY pullbacks with Targets at 1350 & 1365.
I remain Bearish on this metal.
USDJPYX marks the Spot.
For a Bearish Price Action,
I may be interested in a SELL below 109.800. This is quite unlikely for a few weeks.I still expect a retracement before the bulltrend continues.
For a Bullish Price Action, A break above 112.150 and I'll be interested in entering a BUY. Until then, we may likely remain in this new Range (112.140/111.160) for a while. I remain Bullish on Dollar pairs. Look to BUY pullbacks above 111.160.
Target 114.450
EurAud Long 4/16/19The circle is where i am targeting. This week my trades will not be the best as I have been pulling 72-80+ hour weeks and trying to provide great content. Just fyi i am not at my best.
EurUsd 4/8/19LAst week I shouldve posted it, but price reacted positively to an OB and liquidity pocket, didn't get an entry there, but looking to make an entry based off of a simple break and retest.
CadJpy 4/7/19Cadjpy isn't my strongest of pairs, i just want to see if price will follow the rules of the market, the trade conflicts with other pairs so i will not be taking it personally.
Bitcoin Price Has Failed to Overcome These Points Repeatedly
Bitcoin price has been performing well recently. The last three weekly candles have closed with increases recorded and this week has brought the price of bitcoin back above $4000 and looks likely to close with an increase.
But bitcoin has risen to a point that it has failed to overcome time and time again. Since March of 2018, the price has failed to overcome a downward trendline it has tested on numerous occasions. The last significant test of the downward trendline was in November where price failing to overcome the trendline resulted in a depreciation of almost 50%.
Price is once again approaching this point and has been exhibiting similar behaviour to price action leading up to the November drop. Price has been consolidating since December forming both lower highs and higher lows. Similarly, the price was also consolidating forming both lower highs and higher lows in the months leading up to November. This may not mean that price is going to react in the same way but it does mean that the downward trendline deserves to be monitored.
Price has also found seller liquidity on numerous times over the past few months between $4070 and $4250. We will be looking to enter a short position just below this territory at $4060 if the price can continue to rise to this point. We are setting our stop loss above this territory at $4290. We have set this just below $4300 as there can be more significant slippage at psychological points such as prices with round numbers like $4300. Our profit target will be $3780 which will be just above the FTA we expect at $3768. Price has met support at $3768 numerous times over the past week. This trade gives us a risk to reward ratio of 1.22 meaning this trade needs to be right at least 45% of the time to be profitable.
Some further reasons we are taking this trade:
Price is trading at the monthly 50 EMA which it had failed to close above when the February monthly candle closed. Selling pressure came in to bring the price back below this point before February finished. The monthly RSI is also trading near all-time lows showing selling pressure has been high.
Price is also trading at the 200 EMA which seems to have acted as resistance on numerous times.
We will keep you good folks updated on whether this trade becomes active and how we manage it if it does. Let us know your thoughts in the comments and check out our newsletter to get analysis straight to your inbox.
