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Peterbrandt

Update: Trade closed $138 $VRTOne of my best performing single name equities of 2024 - $NYSE:VRT. I've closed most of this trade because it has swollen to be a larger portion of my portfolio than was intended, i.e. portfolio rebalancing. I will keep VRT on my watchlist as a new leader in the AI infrastructure category and a YTD leader overall. I will shop for pullbacks to the 18, 21, and even 50 day moving averages, or a new pattern development -- the latter would take at least several weeks from now to form with enough duration for me to be interested. My goal is to lock in this profit and to not give it back.
NYSE:VRT
by jBTCkingaling
1
Tezos - XTZUSD - Sweet Spot TradeIn last weeks Spaces , I discussed "sweet spot trades". Tezos ( KRAKEN:XTZUSDT ) -- prices bounced off of, and showed a clear rejection (support) of $0.65 level, which became the "head" in an upward slanting inverted head and shoulders bottom. This pattern is developing with enough clarity for me to take my first-ever position in XTZUSDT... BUT... until a decisive breakout in either direction, either above the neckline, or below it/below the right shoulder - as a failure (etc. etc.), my outlook is neutral . I would prefer to be long, and tbh, I would not short this market even if the pattern fails. It is a good pattern to monitor nonetheless. My goal in December 2023: stay small, don't get greedy - we're trading the highest volatility, most speculative asset class of all time. Caution #2: Tezos has lagged the larger tokens YTD; thus, sizing down accordingly As always, this is Not Financial Advice (NFA), Do Your Own Research (DYOR). #jk
by jBTCkingaling
Gold. Why we should trade "bigger pic"?! 2/Dec/23XAUUSD. Elliott wave concept which is based on fractal "nature repeating pattern" theory. AND pattern "need our bared" eye "staring at screen".. Zooming in until " the tiniest spot". So..So,, We have better, bigger "vision" on Bigger Time Frame Chart! E.g yearly, Monthly Chart! As we have limitation to "Zooming" into 1hours or even1 minute chert with our "bared eye"! So who said cant't predict long term?! It's "more consistent" to predict on long term chart than short term chart!
TVC:GOLD
by SteveTan
BTCUSD bailout plan ala Peter BrandtIf this symmetric triangle is a continuation and not a reversal, it'll close under the red ice line. If it does, then the price is probably one its way to fulfill the long-term head and shoulders that began in December. Peter Brandt also noted this H&S as the larger part of the smaller 14-week H&S that included the all-time-high. If it breaks the ice line I'll cash BTC to USD and wait for the buy-back target at $29,800. I should also note that over 5-years I think fundamentally there is no denying either Bitcoin is worth nothing or something, and if it's worth something it's worth potentially any amount. Only 5% of tech-billionaires own any crypto, and Goldman Sachs has just published data that indicates they'll start recommending Bitcoin to their wealth investors. Mining is becoming more difficult, challenging supply, and when the new shards and updates are implemented there will be more utility for it and Ethereum. So, I'm a long-term holder but in the short-term I have a mortgage, my daughter has dance and cheerleading, etc.
COINBASE:BTCUSDShort
by Aps3
Bitcoin GIANT Channel? $13,800=Rocket Fuel Is Bitcoin just channeling? It would appear so on the monthly. My old friend Peter Brandt called me up and reiterated his bullish narrative a few days ago. BUT... I want to see $13,800 coupled with positive macro conditions, or completely decoupled before going FULL BULL. We have a Green 4 on the TD Sequential, Green on Momentum Indicators, we are currently right at or around VWAP, ascending triangle on RSI, bullish weekly candle, MacD crossing back positive. Seems pretty interesting, lets watch the DOW for direction though as its a broadly weighted index with recent correlation. This is not financial advice.
COINBASE:BTCUSD
by ChartProphet
6
EXPN, Experian plc - Trailing StopLSE:EXPN What are the objections people usually make? We share some of them... A - The technical analysis doesn't provide any kind of reference. B - Patterns give us the reference at which moment to enter. A - When you enter the breakouts, you have the same odds as when you flip the coin with heads and tails. B - It's true, but when we lose we lose by -1, while when we profit we get a minimum gain of +3 to even +10. A - Technical analysis is a method in which traders are known to lose money. B - Ah yes, then go and study historical traders like Peter Brandt, Jesse Livermore, Jack D. Schwager, and so many others. A - How do you know where to place your Stop Loss? B - We have been studying the history of charts for years, finding the best solutions by comparing them with each other and understanding which is the best possible Hedging, selecting the three best and practicing them in reality for a long time, getting the performance exactly in the parameters of our Backtest. Is that enough to answer some of your doubts? Good trading at all!
LSE:EXPNLong
by SwissTradingSchool
Gold: Week 11Hi Guys, I've just seen a tweet from @PeterBrandt (twitter.com) that shows a "common bottom". Well, in week9 - beginning week10; Gold made a "common bottom" XAB. What happened next is an attempt to regain and consolidate above 1300 throughout week10. At the moment BD are higher lows and AC are higher highs. RSI just above 50. Gold squeezed between 200 (support) and 400SMAs (bearish pressure). I am not convinced that the RS is completed. In my post Gold:Week10 in the related ideas linked below I was expecting the RS to be between 1310 and 1320. Last Wednesday it stopped at 1310. If Gold crosses the 400SMA above 1310 it may run towards 1320. However if Gold crosses the 200SMA next support is B. IMHO failure to consolidate above 1300 may drive sentiment lower for a breakdown of the neckline of the H&S pattern ABCDE above towards B or maybe X. TO NOTE also the formation made at D on the 200SMA. Also this one looks like a "common bottom". Lol. But as always let's be patient and wait for the week to unfold. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Week10 update2Hi Guys, if you drag backwards the above chart you will find LS in week4. LS (left shoulder) week4 H (head) week7 RS (right shoulder) week10 IMPORTANT: RS was the idea, opportunities were along the way. At 1310 Gold will start facing resistance. Be carefull. For a complete picture please refer to my post dated March 10 in the related ideas linked below (GOLD: week10 H4) Next step: wait and see if the H&S will complete and how. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara