Looking at the Oscillator, it seems there is some more downI got distracted about chatting around market structure, and didn't run my confirmed turning point checks
If this isn't the new low, then use yesterday's forecast
Mtops
Lesson on the importance of Market Structure. Gann Traders enjoyGetting the market structure correct makes or breaks the rest of your forecasts.
Many Gann Traders don't know where to anchor in their Gann tools correctly
Today I chat about the market structure and allocated market energy within it
Down transition expected, before continuing UPWhat goes up must come down, and thats what we're seeing on the 128min
Transition down before the dominant trend direction (transition on 512 chart) pulls the market up
Note the new market structure. Watch video post for explanation Yes I'm strapping in for the hater comments, I get the frustration
The thing about a ranging market (higher risk) is that its difficult for everyone
What is important during the periods of frustration and uncertainty is knowing how to protect your capital and to know what to look out for.
Trading from confirmed turning points, and trading in trend is the best way to remain in the game
I have restructured the market's high and lows on the 128min, please watch the video post for the explanation as to why, as well as the tips and tricks to prepare yourself for future market conditions which challenge you in the same way
Walking out from the washing machineI'm sure I'm going to get some bad press about the market now going up again...
Ranging markets are tough for everyone, its how you handle your account during the periods of uncertainty that matters
I'm exhausted by seeing the market going up, so I'm personally shocked that it has the energy to do so...alas, its going up
So for those who sold to cash, congratulations on locking in the profit, being responsible during the period of market reshuffle, and enjoy the Long positions to come (until the trend is over)
Its good to be right on (almost) every market move. Learn 4rm meFor those who have followed the updates, you'll see how I call the market moves before they happen...that's not easy to do, and it took years of experience to do it
If you want to save yourself time (years) and money (losses) then reach out to me and learn my ways
Have a great weekend
Use the MTOPS Rules to ensure you enter your trades responsibly As I've been saying for days, the downtrend is continuing
The 3rd high has formed prematurely (imo) so expect some weird market moves as it attempts to shift itself into a 'responsible' structure one more
As always, don't rush in. You don't need to chase trades like the masses do, you can hand pick the quality setups
It turns out the market was repositioning itself for DOWNat the end of last week I said to be aware of consolidation coming in with a major market move to follow. That's exactly what happened, only the market went down (thankfully) instead of exhausting itself further on the up
Full explanation in today's longer than usual video
Easter Weekend Calm: BTC's Quiet MarketAs we approach the Easter weekend, the Bitcoin market anticipates a period of lowered liquidity, signaling a time for traders to step away from the screens and embrace the holiday spirit with family. This seasonal slowdown presents a rare moment of respite in the otherwise bustling world of crypto trading, offering a reflective pause for strategic planning. It's an opportune moment to reconsider positions and prepare for the market's next phase, aligning with Gann's principle of market timing and the MTOPS strategy's focus on pivotal market transitions. Join the waiting list for the MTOPS AI, and equip yourself for when the market resumes its pace.
Bitcoin Ascends Again: Profits for the PrudentBitcoin's trajectory takes a positive turn, signaling an ascent to the upside as anticipated in our latest analysis. The market demonstrates resilience, offering promising opportunities for growth. For those who heeded our advice in yesterday's update, the strategic positioning has yielded profit without incurring losses, underlining the importance of timely and informed decision-making. Utilizing Gann angles and the MTOPS trading strategy, we continue to navigate through the market's ebbs and flows with precision. This momentum is a testament to the strength of following well-founded analysis. Ensure you're part of this journey by joining the waiting list for the MTOPS AI, enhancing your trading strategy with our cutting-edge technology.
Bitcoin Anticipated Slight Dip To Follow, Eyes on Next SupportToday's Bitcoin market exhibits a minor decline, closely aligning with Gann's principle of market cyclicality and the MTOPS trading strategy's anticipation of fluctuating support levels. As the price edges down, investors and traders are advised to closely monitor the next critical support zone for potential rebounds or further dips. This movement provides a nuanced opportunity to strategize entries and exits, reinforcing the importance of adaptable trading strategies in volatile markets. Join the waiting list for the MTOPS AI, leveraging the MTOPS Strategy to navigate these shifts with precision.
Killzone - The the clue is in the name In my many years of charting I learned that its vitally important to wait for price to leave the what I call the 'Killzone'
Yesterday was my dusting off the cob-webs. As I warm into charting again, I will see the vitals that need to get included, which is the 512 in today's case
Look out for today's live stream for more on the above topics
Dow Jones Long Position: Capitalizing on MTOPS ForecastIn this insightful trade, we leveraged the MTOPS forecasting model to execute a successful long position on the Dow Jones Industrial Average. The strategy hinged on identifying a 'calm before the storm' scenario in the market, anticipating a significant upward move. The MTOPS forecast, renowned for its accuracy in trend prediction, provided a strong foundation for this trade.
The Dow Jones, a key indicator of large-cap U.S. stock market performance, presented a unique opportunity. The market conditions were initially calm, offering an ideal setup for traders to position themselves ahead of anticipated volatility. This trade is a classic example of using sophisticated forecasting tools in combination with market sentiment analysis to make informed trading decisions.
Key highlights of this trade include:
Utilizing the MTOPS model to predict market direction.
Timely entry during a period of market calm, capitalizing on the forecasted upward trend.
Navigating through the complexities of the Dow Jones movements with a strategic long position.
This trade showcases the effectiveness of blending advanced forecasting methods with an understanding of market dynamics. It's a testament to the importance of being prepared and acting decisively when the market presents an opportunity.
The Art of Mastery: A Trader's Long JourneyIn the grand arena of financial markets, where the clash of bulls and bears echoes through the charts, the path to becoming a master trader is not merely a sprint but a marathon. Aspiring traders often enter the battlefield lured by the siren songs of quick gains and instant success. However, the truth that unveils itself through time and experience is that mastery in trading, akin to any great skill, is a sculpture crafted over years of persistent dedication.
It begins with the foundation—understanding the raw basics of economics, chart patterns, and market sentiment. This knowledge alone can take months, if not years, to solidify. Then comes the strategy, a unique alchemy of analysis, intuition, and discipline that traders must refine in the crucible of market volatility. Each trade is a brushstroke on the canvas, some strokes precise, others astray, but all part of a larger picture that only reveals itself to those patient enough to step back and learn from their handiwork.
Let's not mince words—this journey is arduous, strewn with challenges and setbacks. The markets are unforgiving teachers, issuing lessons through losses and trials. Yet, it is in this challenging forge that the trader's character is tempered and their skills honed sharp.
But here lies the beacon of hope: it is possible. The annals of trading are graced with stories of those who have conquered these tempestuous seas, not through sheer luck or prodigious talent, but through unyielding grit and the relentless pursuit of growth. They are the testament to the possibility of mastery, a shining example that with time, discipline, and an unwavering commitment to learning, the art of trading is within reach.
For those who embark on this odyssey, remember: patience is your ally, discipline your sword, and knowledge your shield. The markets await, not to be conquered, but to be understood and respected. May your journey be insightful, and your trades reflective of the mastery you seek.
Dow Jones Forecast: A Modest Retreat on the HorizonIn this analysis, we delve into the subtle yet significant indicators that suggest the Dow Jones Industrial Average (DJIA) is poised for a slight downturn. By examining the convergence of technical patterns, market sentiment, and emerging economic data, we uncover the potential for a modest pullback in the index. This is not a prediction of a bear market, but rather an alert to investors and traders to prepare for a potential dip in the near term. Join us as we chart the course of the Dow and discuss strategic moves to navigate this anticipated minor correction.
Lunar MTOPS Forecast For BTCHere is my current forecast for BTC
it seems like we are currently getting mixed signals with btc here we have 4 charts from different time frames and as we approach the end of the first quadrant of the 512 chart we seem to have just printed our second TP telling us the market should pull back to print a higher 3 but on the 128 we are still looking for 10 to complete before going to 1 in the next cycle
The 32 min has just pierced the killzone and is also looking to put in TP 10 soon so maybe the 128 and 32 will sync up and both print 10 at the same time which would give us a strong buy signal, not saying we will go to all time highs but it should give us some short term relief.
If you like these forecasts and wish to learn more about our methods follow my tradingview account and send me a message to see if you would be a good fit for our mentorship program and also I trade live on twitch daily producing some of the highest quality BTC signals derrived from methods used by WD GANN.
SYK - This One Has Me WorriedThis stock has been like gold. Buy it and forget it....Automatic right?
This formation has me worried about the overall market. Not too much time I'm afraid... because if the formation goes to completion on this stock....well you forget about all the other stocks in the market universe.
15K Bitcoin...incoming!The chart is pretty much self-explanatory.
No deep analysis needed.
Bitcoin is in the process on the weekly of completing the M top that is currently forming.
The project move is down to 15k. Have money in stables,
as this will be a great opportunity to get in some of your favorite projects really cheap.
may peace be the journey, and remember to take profit, stay say!
BTC's 21EMA & 50EMA 🔎Interesting! So there has been 4 times in the history of bitcoin
where the 21 EMA dropped below the 50 EMA
including the one that's proceeding to happen. Each time it happened
it was a significant drop in price. Now combine that with an M top forming on the weekly.
We might see a similar drop like in 2014, or possibly worse?!?
Thought this was an interesting find!
May peace be the journey, and remember to take profits & stay safe!
ETHIH&S patterns getting nuked and turning into M top patterns. Put this out in my group last night when ETH was at $1998 we sold and our buying the dip at $1760.00. Link in my bio ;)
