Best and Easiest Explanation of Where BTC and The Market StandsIf you haven't been to my streams or watched my content this year, then believe me when I say that this video will be worth while. Even to a seasoned analyst, I believe the way I look at things will add a useful new perspective.
EST = UTC-5
I stream every week day from 9:20 EST to 10:00 and from 1:20 EST to 2:20.
I believe I currently have ~50 Hours of stream content since Jan 28th. Feel free to watch that to better understand how I analyze and trade.
I spend on average 5 minutes for a trade entry and 5 on a trade exit.
I call what options and when I trade options on stream every time ; down to the strike price and the expiration date. I like to be transparent. I also will give my opinion/targets on any coin or stock for free. I don't expect payment/coins for anything.
Moving Averages
MACRO BTC PredictionDON'T BE CAUGHT OFF GUARD!! Please watch for my clear forecast of where we are headed. MUST WATCH!
Here's a video explaining my thoughts on the correlation between the 200SMA and the 300EMA. Clear evidence of BTC past market behavior and how this is a forecast for current market.
How I Analyze the Market in 20 minutes.Because every time someone asks me what I think a coin will do requires more than a simple answer to properly explain my idea and my thinking.
This video took 20 minutes and I think I spoke quite fast to get enough information in here. My streams can be seen to get a better understanding.
I try to stream every weekday morning at 9:30 and every 1:30 (4HR change on stock market)
Check the related ideas below for "The right Schiff Pitchfork" if you want to take the Schiff pitchfork I use. It is a short 3 minute video where I set it up and shows the places, values and all that.
The S Pitchfork one from last year has the values that I used for this year.
BTC ... The 32K level is looking MIGHTY FINE!Evening all!
Back here on Tradingview for an update. Just rehashing what we've spoken about a few times now. We need to anticipate what we're going do at these key levels, whether that be that next level of Supply or Demand.
But of course, let us know your thoughts in the comments section down below!
Scenarios for BTC. Looking for 37,910 end to week Check the BTC End Above 41,700 idea for where all of my ideas are updated to. I have some that were private that can only be seen there.
I want to see the day/week end at or slightly above 37,910. Month can look decent if it holds around 39kish. Im too lazy to find exact spot. I mentioned it in video. I dont think that is as important until the last day of the month though.
If we end under the targets I mentioned, then I am most likely (maybe 80%) bearish. I think bull possibility is more likely at this time.
How I Traded/Analyzed this last week 95% CorrectExcuse the breaths, I believe I have bronchitis.
I use the replay feature to go over what I was looking at over part of this last week. I think it is pretty insightful and at the same time, shows how even though I have been right almost 100% on recent "if x does x scenarios" there are definitely times that I look at the chart and say: "I'm just not sure what is going on?" and need to wait to see what happens.
I hope this is helpful and gives some insight. I think my way of trading is one of the easiest to pick up and is pattern recognition friendly, but because I do not have a lot of indicators, there is more importance on the movement of everything itself and somewhat the "fundamentals of the market" as opposed to the fundamentals of a crypto coin itself.
Mainly, I ask myself "What pattern and movement will make this look the most bearish and bullish. If i had billions or millions of dollars, I would only reinforce the spots that look good for me, but I might also reinforce the spots that will make it look bad for the other side. So maybe a heavily weighted bear was buying BTC earlier to keep the price near the resistance, but not pushing it past that spot. Now they are creating more bears. Sometimes it is more bullish to go past the current price if the price just drops.
The power of the VWAP!As day traders we use the VWAP lots in our trading and have even created custom versions of it which help us manage our trades.
In this video I go over exactly what happened to US30 / Down Jones at the Frankfurt open and the New York open, and by using the VWAP today we could have taken advantage of these moves, both up and down!
Do you use the VWAP? Let us know in the comments below!
Also attached to this video are other educaitonal videos you might find value in!
Multiple EMA UsageYou can easily add the averages you want with this indicator, where many exponential moving averages can be processed together on the chart.
Moving Average ChannelA lot of traders like myself, like to visualize the moving averages on their chart and incorporate them in their trading strategies. But what is extremely common in doing this, is traders being under the assumption that a moving average is the exact price in which we see supply and demand in the market.
In this video, I clearly outline how to add a channel around your moving averages, to give you an idea of where we may see a change in supply and demand. Having clarity in an area can help traders understand the moving average better than just a thin line.
If you do use moving averages in your trading strategies, I recommend trying this little trick to improve your success rate and understand breakouts better.
- Jordon
OHM Looking bullish, but we have a long way to go. What's next?OHMDAI finally seems to be waking up after a lof of heavy selling and speculators being liquidated over the past few weeks. We have a nice bullish cross on the 4h SMAs coupled with nice sustained volume. We have broken local resistance and need badly to hold that as support should we fall to it. Up 40% from our recent low and 25% from my video yesterday, which is very nice to see! We need to reclaim the resistance levels and flip them as support, as well as make a series of higher highs and higher lows or we cannot confirm a reversal. Let me know your thoughts, and any ideas you might have :)
Note: I definitely see the confusion between charting of V1 and V2 OHM but am doing my best to keep it consistent until migration is 100% done*
How to find QUALITY areas in the market for amazing R:R!DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART!
Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
SPX500: my intraday scenario using 81strategyHi Traders,
This is my view on this pair for the next days on #SPX500 using my 2 intraday strategies.
(I’ve just shared my fully explained 81strategy on Tube)
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pit from Trading Kitchen
BUY HDFCBANK AROUND 1485-1490 TGT 1600/1715 SL BELOW 1375 The scrip is currently taking dual support on 20 week MA as well as pandemic lows trendline. Also the company is about to declare its result on the weekend , so it can be a good buying @ support levels for above mentioned targets with prescribed stop losses