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Meltdown

NZDUSD ShortALOHA D - current day is resisting the 50 enamors and had bearish consolidation but still with some momentum for the downside. the last few days of been corrective creating nicer intra day patterns. 4hr - correction just under the 50 ema, now creating strong bear candles instead of high-test reversal candles. 1hr - Price bounced back up to the 50ema to reject and close below, then forming a 7 hour consolidation pattern that signaled a conituliation for myself. 15. Rising wedge ,2 touch top two touch bottom, rejection of the 50 ema, and at the bottom of the bigger 1hr structure. 30 pip stop. This is a continuation entry off the last few short trades I've placed with NZDUSD. This pair has been on my watch for the last week. Entry order was placed earlier this morning and triggered in the afternoon.
Short
by Reid_Hicks
2
DJI - Wall Street - melt up or melt down coming - your choice. Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession. What this could mean is a number of things: 1. The punters love it - and blow the markets north like nobody's business. 2. The punters reject it - and bail out with cash in hand which they'll pump into Gold (a better investment at this time). 3. Or - heavy volatility in coming days in a massive bear-bull fight, before the markets make a final decision. All of this stuff has been triggered by an itty bitty virus that disrespects everybody. The world is now waking up to how central China is to global supply chains of commodities, manufactured parts, goods and services. No predictions from me - as I have no working crystal ball. Disclaimers & Declarations : This is not financial advice or encouragement to trade in securities. If you act on anything said here and lose your money, kindly sue yourself!
FOREXCOM:US30
by Captain_Walker
DJI -Wall Street - collapsesI had flagged that the DJI and NASDAQ were in trouble some time ago. I told everybody to 'GET READY'. Some were hypnotised by POTUS's assertions that the American economy is doing "fantastically well". Yes he said so and I have the reference. The data on ISM that triggered this plunge/correction was not brand new information at all. It's only because the ISM release went viral that there was trouble. Anybody who was anybody who was looking at non-mainstream media would have known that manufacturing and lots of other things were troubled in the US economy. Some haven't even taken note of the $23 Billion in debt as yet. Others were punching the air about low unemployment figures - which were fake. Yes fake - because they were revised down weeks after the markets had pumped north (and nobody took notice of reality). The true unemployment rates are much lower, and when that goes viral there will be even more trouble. Just to be clear - contrary to Mr Trump's opinions - the DJI is not the 'economy'. It is sentiment about 'the economy'. Right if you don't here from me again, it's because I've been locked up in an American gulag, for disagreeing with POTUS. LOL!! Disclaimer : This is not a recommendation to trade securities of any kind. Trading is a high risk activity, with 70-90% of all traders consistently losing money. Your losses are your own. Sue yourself if you lose your money.
FOREXCOM:US30Short
by Captain_Walker
DANGER: Global financial chaos looms, next week (educational). This is a brief educational post, that is meant as a heads up for sensible traders. They would wish to be aware of systemic risks approaching if Deutsche Bank collapses finally. This is likened to the Lehman Brothers fiasco of a few years ago, but it could be much bigger. I'm sharing this information based on reliable hard data available freely on the internet. DYOR. It's better to be prepared - and nothing happens, than not prepared and your world turns into chaos. The financial world is far more hooked up globally than around 2008 with the advent since, of superfast internet connections. The speed at which shockwaves may travel, would likely be hundreds of times faster than in 2008. So a 'flap of a butterfly's wings' in one financial corner of the planet could cause 'hurricanes' thousands of miles away in other corners of the world - like you never imagined before (concepts applied from Chaos Theory). Nothing here is predictive. I never do predictions. I deal only in probabilities. Appropriate seeding non-promotional references: 1. Lehman Brothers story 2. Deutsche Bank - recent events Disclaimer : This is not financial advice, even if so construed. Should you come to be influenced by this brief screencast, know that your losses are your own. In simple terms no liabilities accepted by me. You'd just have to sue yourself.
NYSE:DBEducation
by Captain_Walker
3
They say expect a 'bloodbath'! Bloodbath is not a derogatory term - it is commonly used in trading circles to describe a total catastrophic meltdown. Markets are about to panic for a number of reasons. As panic spreads there is usually precipitous fall in prices - as everybody rushes sell. 1. US-China trade war kicks into overdrive. 2. Tariff man has hit Mexico 3. Tariff man has squeezed India. 4. Tensions in North Korea continue in the backdrop. 5. Trouble with Iran brewing and not improving. 6. Treasuries yield fell two 2.1% today - the lowest since 2017. Make no mistake the bulls are fighting hard, as greed and hope rule them. Disclaimer: This post is not advice. DYOR. Your losses are your own if you make decisions on this screencast or come to feel influenced.
SP:SPXShort
by Captain_Walker
4
GAME OVER! The big man says 'Game Over'. Well for traders the 'Game' may just be about to start or restart. This is geopolitical news - the important kind that could rock markets (stocks and forex) all over the globe. I point out some important findings from the Mueller investigation report (which I declare as accurate summary statements). I show possible market moves on two charts. Note carefully that some of the big issues from Mueller, sequester around the alleged attempts by Trump to remove Mueller himself, and then cover up the 'tracks'. Jerrold Nadler - House Judiciary Committee Chairman - has reported on disturbing evidence pointing to the President's obstruction of justice (be careful - this is not my opinion - I only report what was said). Full text here . So - I'm befuddled as to how Mr Trump can declare "No corruption. No collusion" with such confidence. Further more Mr Trump derides the very report which from his perspective, finds no wrongdoing on his part! I just don't get it. Full redacted report (in the public domain). Sunday Wall Street is gonna be interesting. I'll be reporting on Wall Street moves over the weekend. Stay tuned. Note & Disclaimer: No recommendation is made about going long or short on any market. Traders taking decisions are not to rely on my perceptions or opinions. Your risks are your totally your own.
Education
by Captain_Walker
Chaos looms: meltdown in sight. Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does not just stay in those regions. In this screencast, I show where I've suffered in holding to my confidence in the indicators, from that important technical perspective. And now I'm in a no-loss position. If the market moves south, I shall follow - no need for targets or price levels. The markets show me entry points and decide exit points. Just to be clear - hope and luck are not part of my equation.
OANDA:US30USDShort
by Captain_Walker
!!! DJI 1937 DO YOU BELIEVE IN COINCIDENCES ??? DEJA VU ???In the late 1937 after the great depression huge money printing have happened in order to stimulate the economy... Many successful investors and portfolio managers have mentioned that we have been in the last cycle of the business cycle ! According to one of the most successful money managers Ray Dalio we have been in a similar perdion as the late 30s period. After looking at charts it turned out that we are in TOO SIMILAR situation. Sell off have occurred after a huge rally that sell of has formed bearish cypher pattern. RSI have been showing overbought condition with bearish divergence. The bull trap has occurred after that with new hopes new believes for the bright future... But all of a sudden bad things start to happen and they GRIND ON slowly but surely. Just thinking about it... Hopefully there is some more room to go but all of that money printed all of that huge debt, slowing economic growth, trade tensions negative bond yields, few EU economies close to a recession it seems to me that thing might become really really BAD. Gold has appreciated significantly in the last 4 months... Be prepared. GOOD LUCK
DJ:DJI
by TG_Advisory
3
October 10th FAIL: The folly of trying to time marketsDJ:DJI The infamous cover of The Economist had it wrong, if you buy the whole 10th of October, 2018 prophesy / conspiracy theory. Yes, 10/10/2018 did see the markets decline. I put that squarely on FUD mongering. The declines, as bad as they were, did not push markets to bearish levels. Could it be we are at the beginning of a massive market crash? It would not surprise me. Did it happen on the tenth of October? No. Is it likely to happen soon, even currently? Yes, there is an apparently high degree of probability that the crash is going to happen, because of hyper inflation and low interest rates, notably in the U.S., home of the world's largest economy (if you discount China's actual larger economy beneath the headlines), and home of the world's reserve currency, the US Dollar. Is it a foregone conclusion that the crash will happen this month? No. What could prevent the markets from crashing? Fiat financial policies. Politics. Collusion in the governments, financial institutions, markets and banking systems. What will assure the crash does happen and resets the markets as are so deeply needed? Courage, wisdom and the intelligence of policy makers who should put financial stability and solvency ahead of personal politics and financial interests. Count on them to do so, I don't. What is the likelihood that authorities like The Fed and others will do what is necessary to properly manage these very risky times? Not high. The mounting evidence of authorities playing out the roles of the 3 monkeys (hear no evil, see no evil, speak no evil) is a strong indicator of foreshadowing that greed and market manipulation by corporations and the ultra wealthy are bent on continuing their greedy habits until the bandage is ripped off of the wounds still festering and visible to anyone who looks at any major market chart over the past 5, 10, 20, 30, 40 and 50 years. Do you remember the 1990s book about how each subsequent boom and bust occurs over increasingly contrasting cycles? Namely, that when they occur under normal market conditions, the cycles are shorter and steeper. And that the thing that prevents these cycles from behaving naturally in this way, is government and monetary policy interference. When I review the historic charts of the markets, this seems most evident. Do you think that hyper inflation and low interest rates are the two main reasons that the last nine years have seen a historically significant period of economic growth in the US and around the world? I believe that this is obviously the case, based on the available data. Do you think that this means we are literally in a huge bubble that is sure to burst, as all bubbles do? I know I think that. Do you think that the crash may very well be of historic proportions? To me it appears that the bubble is so massive, that the only way to really correct it, is to see a truly enormous drop, down to at least semi-realistic levels? If you know these things, then you may realize that these hyper growth and hyper crash cycles, are real, and they have been happening now for decades. And we are now at a point where the only thing keeping the illusion of a healthy economy is the government band-aids of printing more cheap money. The symptoms indicate to me that a major correction is on the way. What do you think? Am I way off-base here? Am I spot on? Or am I somewhere in between the two extremes? Am I bearish or bullish on the markets? Right now, I'm very bearish. I got out just before the major drops, on October 4th, although not due to the FUD. I researched my investments, as much as I could as a typical individual investor without any special access to the 'smart money' info sources. I saw that my portfolio was just about the drop and crush my gains. I happened to be right, this time. I actually sold my portfolio the day before, however due to the slowness of the tools I use, the order went through on the first day of the sudden drops, last Friday, Oct. 5th. My strategy (for now, anyway) is to let the markets do their thing, and when there is a clear trajectory, make my move. If it drops significantly further, ie: if there is a real crash and bear market, and a new lower level is reached and supported, and the economy resets, I'll buy back in at the new lows, with an emphasis on stocks that do well in difficult economic times. Notably: Vice stocks. Tobacco, alcohol, gambling, adult entertainment, etc. And, stocks of companies that sell weapons and other offense and defense industries (civil and military), because there will be (in my opinion) a higher likelihood of increased conflict around the world if the markets meltdown and economies collapse. As sad as it is, we all know that companies trading in vice and conflict do well when markets are down. That said, and without emotion, I hope to be able to to donate a reasonable portion of any profits from such investments, to what I determine to be good and well-positioned charities and organizations that work to reduce the abuse of said Vices and Conflicts. it would be my way of legitimately exploiting the worst of the exploiters, and giving financial resources to those who are giving their best efforts to reduce and stop the worst of human behavior. Additionally, I am acquiring more cryptocurrencies, as I believe that they will fare better, especially if (really I mean when) fiat currencies do fall and adoption of crypto becomes relatively common. As we see more 'smart money' buying into crypto, this is a strong indicator of where the money will be, once the new economic lows are set. I would not be surprised to see the next 6 - 24 months be bearish on traditional markets (stocks, bonds, commodities, etc), and I expect to see the best cryptocurrencies rise during that time, especially in countries where the economic crashes are felt the most, and where crypto is appreciated as a better choice for investment. And having pointed out all of this, I must remind the average speculative investor that trying to time the markets is a fool's errand . if you timed your moves to Oct. 10th based solely on a 30 year old magazine issue, your move could have been a mistake. The real bear market is yet to arrive. Trying to pick the exact time and place that it will happen, is an unwise waste of time. It is wiser to monitor your interests and investments and act when you see clear indications that it's time for you to make your move. Don't fall prey to FUD or FOMO. Do your own research. Make the best decisions you can for your interests. Stay ahead of the herd. Trade as a contrarian. Buy low. Sell High.
TVC:DJIShort
by stepstones
3
BTC MeltdownGood Afternoon! This is an educational analysis on COINBASE:BTCUSD . This has been a long term, working analysis with much of the existing forecasts already proven true thus far. Let's start with the trend lines: The red sets represent the downtrend of late; the dark lines are our support/resistance and the light red is out trend line. For me to turn short-term bull again with COINBASE:BTCUSD , I'm looking for a breakout of the resistance. I'll consider going long-bull if it breaks out of the light green trend line. On the bull note, you can see the inverse head and shoulders pattern we started mid-January of this year; it was never confirmed nor invalidated. It came so close March 5, but we never confirmed it. This means we could still confirm! Yet, since the head and shoulders formed we've had a solid bearish flag, textbook really. It looks like we're also making a second bearish flag since yesterday (3/14). We have not had a complete cycle within this flag so this is really just speculation here. It's been trending up on the four hour chart since about 1AM MTD, so Asia has been buying up some, but this momentum is not all that strong. Looking at the MACD we can see it's really flat given the upward volume. Bulls are waning. I'm estimating a breakout of this hypothetical bearish flag around March 18th with a strong downside pressure like we just came off of. We also had a head and shoulders pattern develop inside the first bearish flag and the bearish flag and inverse head and shoulders were confirmed at breakout yesterday, 3/14. Although I did not publish this speculation (wish I had now) I did call this. I know without any proof I'm gonna catch some shade for even saying that, DGAF! I'm going to call $6000 within the next 10 days, though I'm not going to say if that's the bottom. If I had to be honest I would say it's about 50/50 we head into the $5000 range. This has been an educational only analysis brought to you by NHoltgraves.
COINBASE:BTCUSD
by nmholtgraves