BITCOIN Volatility on its wayBINANCE:BTCBUSD
The fundamentals for bitcoin are getting better everyday, countries adopting it, bitcoin is seen as a good hedge against growing inflation and destruction of local currencys. Long term bullish for bitcoin, dollar cost averaging your buys into btc is the best way forward. As for the short term the charts are indicating a big move is coming, cpi data out within 24 hours, fed could decide bitcoins short term fate, as well as the $dxy. US sept producer prices rise 8.5% Y/Y; EST.8.4%, RISE 0.4% M/M
hold for now and monitor the data, or dollar cost in your buys for safest bet.
Long-short
IMBALANCE REACHED As I was mentioning a week ago (FVG) Imbalance was reached yesterday afternoon. Now I expect consolidation for a couple of days and then a sharp move to the downside during FED CPI News. After that price should go up to the 1.14800 level or thereabouts.
At the moment I'm Long for today.
EURUSDDaily:
1. Bearish
2. Price at equilibrium
3. came from discount
4. target Premium, Daily FVG
4H:
1. Bearish
2. Price at equilibrium
3. came from discount
4. premium area
15M:
1. Bullish
2. Price at premium
3. Came from discount
4. 4H FVG
Couldn't took these trades as of i was not on the charts. But the good thing is the direction was right
btcHello, I am an Iranian and I was in a bad mood these 12 days and I did not trade at all and I did not concentrate.
I did this analysis now because of your insistence, the current conditions are good for Bitcoin and there is no problem
We have to see Kendal Mahane
I hope this analysis gives you a nice view of the market
Short term blue line
Long-term white line
Trading like the banks do. Picking off liquidity.So I just got back from a quick appointment that I had to make outside the office and I came back to find very nice surprise. Several of you have already found the heikin-ashi algo isolator release and have already started boosting it.
Thank you to all who currently have done that.
Along with my return to my home office I found a few messages on my screen asking about something they saw in the last video. For example one of the messages on the screen in my videos said "Trade money like Banks do, picking off liquidity, picking up several positions in a downtrend." And one of the messages was asking "Why would I sell if I already sold and I'm currently in a down trend?"
So basically they were asking how do you sell twice.
I guess the same question would apply if they saw a buy alert show up in an uptrend and another buy alert show up immediately after that in an uptrend.
What's Happening Here is that you are actually in either a very large or small range or you were in a pause of the up or down trend. When it comes to Banks and institutions and algorithmic trading machines what they do is they make several purchases of stock at different levels and they do it over a set period of time. They enter multiple positions in the same direction only to sell off all their positions when they get to the price that they want to get to.
So just because you entered a short trade doesn't mean you can't buy up more positions on the way down and just because you enter the wrong trade doesn't mean you can't buy more positions on the way up.
As long as you close off all the positions lower than all of the positions you picked up In a downtrend and clothes off all of the positions higher than all of the positions that you picked up in an uptrend.
I hope you understand that. Go ahead and ask below if you need any clarification.
The bottom line is if you're going short you don't have to go short just once, you can go short multiple times as long as the trend keeps going down. And just the opposite for long trades.
So thanks again to everybody who is scooping up this oscillator. I hope you're enjoying it.
AUDUSD Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – AUDUSD – trading at a key support region where a bounce is possible,
Points to consider,
- Price Action Corrective
- Weekly S/R Support
- .618 Fibonacci
- RSI Oversold
AUDUSD’s immediate price action is corrective and is approaching a key resistance zone that has the .618 Fibonacci and the Weekly S/R in confluence, allowing for a bullish bias.
The current RSI is in oversold conditions, this signifies over-extension where a mean reversion is likely to occur.
Overall, AUDUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
Something is going to break, DXY or SPX500 take your pick IIDecision time, eminent, could not stress it more, options:
1. The DXY topped, it will break down slowly but respecting a downwards path, like oil has done, in this case the SPX500 will break up.
2. Otherwise the SPX500 will break down and it will be in a massive recessionary 2008 move downwards, breaking the June lows and, a sign that something has gone sour in the street economy, but it has to be something big, it can also be another war, and trouble is coming in the next months/years
EURUSD INTRA-DAY SETUPS!!EURUSD looking like we may create a move to the upside as price is struggling to push lower even off the back of this USD strength. I'm holding shorts from my sell zone but wouldn't be surprised to see price return to this area and continue moving sideways around this consolidation range. Ill be keeping an eye for a break out of this region to give us a better idea of the next bigger directional move.