OIL: First red day on the backside moveHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2 ✅ Day 2 cycle
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, I could see Wednesday as a dump day pulling back above the opening range high, for a long trade back to the high of week, however, considering the market on the backside move, I will be willing to put more size into the short scenario.
Short: primary, first red day, market on backside, Monday to Wednesday pump, by tomorrow Oil can definitely have a good chance to reach the LOW
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Pumpanddump
USDCAD: Day 3 cycle, First Red DayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ Day 3 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, after the dump of Friday, the market can consolidating down low into the current LOD, going to stop short trader in profit from previous HOW
Short: primary, Monday to Friday possibly built order flow for a potential quick short move into the LOW, where trader long bought for a whole week
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GBPJPY: Day 3 longs breakout traders in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Day 1 cycle
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump
Frontside ✅
Backside
4. THESIS:
Long: secondary, considering this market still (at the moment) on the frontside move, it could keep going higher if price drop at least on the LOD;
Short: primary, CP to LOD can be an interesting scalping opportunity if the market keep consolidating around the CP level.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GBPUSD: Day 3 breakout traders long in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout ✅
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: primary, today is Tuesday day 2, typically the market expands the range, Asia place a higher high and dumped down, starting consolidating, there a possibility to see a high low range extension for 100% at leat of the range.
Short: secondary, price anyway is at the current HOW, it could give a short scalp HOW to LOW if setup correctly
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
OIL: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 2 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: This market could coiling for an explosive move back to the previous HOW, where short traders are still in profit
Short: I do not exclude the secondary scenario of pump and dump starting from Friday, eventually evolving during the further days
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GOLD: Three day cycle, market out of balanceHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅ Three day cycle
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside
Backside
4. THESIS:
Long: primary, 3 session setup Asia, London dump and NY pump back into the HOD/current HOW, not the best template for the day, but I shared it because is still part of my process, no signals
Short: N/A at the moment
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
EURUSD: Inside day, First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ day 3 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: Possibility for the market going up stopping traders short from previous HOW, for a buy low setup LOD to HOW
Short: NA
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
EURCAD: Three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅ Three days cycle
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: N/A
Short: Possibility to see this market going to stop the previous LOW, long traders are still in profit and most of their SL are mostly below that level.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
NAS100: Inside DayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range ✅ Day 3 cycle
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅ (possible variation of FGD considering Thursday as a dump day)
3 Days Long Breakout
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside ✅
Backside
4. THESIS:
Long: primary, taking in consideration the Thursday dump, there are high chances to too this market going to stop the trader short from HOW.
Short: secondly the previous LOW hasn't been completely stopped yet, the market can trap volume to retest that level, however, I'm pretty neutral with the bias, giving a little bit of more priority to the FGD (because is the most recent price action)
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
OIL: DAY 3 SHORTS in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Since the previous week, we can see how this market potentially could complete the big template of pump and dump, scenario still possible if setup correctly.
OIL market triggered shorts breakout traders in, typical a signal of potential strong move.
DAILY TEMPLATE (15min chart):
Asia session broke down into the LOW, reversing sharply in London session (pump). Currently this market is not in an interesting level to buy or sell.
THESIS :
Short: considering the weekly pump and dump not completed yet, I can see this market going lower, stopping all the traders long since the last week.
Long: however, day 3 shorts in the market, in the new weekly cycle, can be a good reversal signal, going to stop traders short from Monday.
SETUP :
Short: price pumping up back to the previous HOD, consolidating for 30/45 min and dump (after the news release)
Long: Market dropping down at least into the previous CP, or LOD/LOW, consolidating for a pump (this scenario is mostly likely happing on tomorrow, which is closing range of the week)
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
GOLD: Three days short traders in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Two weeks of pump and dump template has been completed, gold spent the last 3 days into the backside move, triggering short breakout traders in the market, price at the low of the week can offer some opportunity of scalp in the day, or starting consolidating for further major move during the upcoming week.
DAILY TEMPLATE (15min chart):
Low of the week and other time frames are in the market, Asia and London session pumped the price up and currently consolidating, although not really a level which I'm interested.
THESIS :
Price placed a lower low before pumping up, this can be a scenario of "low hanging fruit" scalping short back into the traders long from LOW, 75+ pip of space, enough to take a good trade.
The long scenario, even if curious and interesting , it's most likely to happen during the upcoming week, however it could setup for a long setup LOD to HOD.
SETUP :
Short: price locking the current HOD, consolidating till 10am for a dump into the LOW
Long: price dumping down into the LOW/LOD/CP, consolidation will 10am for a pump up back into the current HOD.
if none of these setup will present to the chart, I wouldn't be interested in any other trade
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
EURUSD: DAY 3 SHORTS in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Since Monday this market has been trending down, triggering shorts breakout traders in the market for three days in a row, potential signal of reverse considering the price at the low of the week
DAILY TEMPLATE (15min chart):
Price after asian session printed high low of the day, it pinned down into the LOW and pumped up.
THESIS :
Major red news on calendar, no trade before 9:45am NYT
Long: considering 3 days of order flow trapped lower and lower, money and stops are placed above the HOW, this could complete a weekly dump and pump template by tomorrow.
Short: I can't exclude that this market is still breaking down and keep going lower considering, however, the market still in the backside of the move.
SETUP :
Long: dump into the previous closing price (CP), consolidation for 30/45 min and pump back to the HOW, or eventually first bar entry after news release If a green strong momentum bar is presented with news.
Short: Pump into Monday low (opening range), or previous HOD, consolidation for a dump back into the current LOD/LOW.
If none of this scenario will present, I wouldn't consider any other trade setup variations.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Dogecoin - Is a 20.000% rally realistic?Hello Traders and Investors, today I will take a look at Dogecoin .
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Explanation of my video analysis:
In 2020 Dogecoin already created a symmetrical triangle breakout which was followed by a +20.000% rally towards the upside. Then we saw the top in 2021 and Dogecoin once again entered into a triangle consolidation phase. We already saw the bullish breakout of this triangle and if we measure the potential price target, the next bullrun could bring us all the way up to $20.
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Keep your long term vision,
Philip (BasicTrading)
OIL: Monday closed as First Red Day Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Yesterday, Monday, the market broke through the previous HOW and failed, closing the day as a first red day. Since the last Wednesday the market pumped up and now look like starting the backside move of a big template of pump and dump
DAILY TEMPLATE (15min chart):
Asia and London session mostly dumped all the day, breaking the current low of the week
THESIS :
In the short scenario this market can go fo a range expansion, targeting the previous LOW, it would be my main trading opportunity.
In the long scenario, considering money on top at the HOW, I would be targeting the yesterday CP(HOD) or current HOW if strong momentum is presented.
SETUP :
Short: pump at least into previous LOD(LOW)
Long: Low in place, consolidation for 30/45 min and second/third hour NY session reversal
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Ethereum - 20% Rally within a day!Hello Traders and Investors, today I will take a look at Ethereum .
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Explanation of my video analysis:
6 years ago, Ethereum started creating a simple rising channel formation, similar to the one which we are seeing on Bitcoin. Furthermore Ethereum retested the previous all time high back in 2022, created bullish confirmation and a rally of + 250%. Considering that Ethereum is once again approaching the upper resistance level, I do eventually expect a bullish breakout followed by an even crazier rally.
--------
Keep your long term vision,
Philip (BasicTrading)
The Boulevard of Broken Dreams. Pump and Dump Part IIRecently we watched in the news the resurrection of the "Meme Stocks" frenzy and the "Roaring Kitty" username. Those who witnessed the first surge in stocks like NYSE:AMC , NYSE:GME , NYSE:BB , etc., remember those were basically a "Make me Rich quick" kind of event, they were known as "Meme Stocks" because it all started as memes by a group of traders in internet forums who allegedly went against the Wall St. Hedge Funds who were heavily invested in shorting these stocks, by buying all at the same time and triggering a strong short squeeze.
Well, this event was the hope for this group of traders who saw the opportunity to pocket huge profits in a short time frame, and it gave them the sense of power against Wall St. That time these stocks were heavily shortened, and they were prone to an aggressive short squeeze, not only from these member of the meme stock traders, but by professional traders.
At the end of the day this group of stocks spiked, the people took profits, they left the market, some richer, some poorer, and others as bag holders. All these stocks faded along the time and some even went bankrupt. This event was imprinted in the memory of those hoping that this could happen again, but most amateur traders don't take the time to actually learn to trade, they ran with the rumor again after a fuzzy post by the "Roaring Kitty" and they just grabbed whatever was being mentioned in the forums. This time however it was very different. Their behavior was predictable and the professional traders already had a plan in advance, to short the spike. The small buying power of the meme stock traders plus their inexperience in swimming with professional sharks just turned them into an easy morning lunch. The rumor, action and shorting cycle was very fast. In the chart we can see outstanding profits in the order of hundreds of percentual points. But if we take a look at the short sale volume, we notice that the spike was immediately extinguished.
The #VolumeCandles feature of Trading View is an excellent tool to visually pinpoint the development of this pump and dump event. In the chart I added some more stocks which were rumored in the forums, NYSE:GME , NYSE:AMC , NASDAQ:KOSS , NYSE:OKLO , NASDAQ:FFIE , NASDAQ:GWAV , $CRKN. The symbols used to display the short volume were:
FINRA:GME_SHORT_VOLUME
FINRA:AMC_SHORT_VOLUME
FINRA:KOSS_SHORT_VOLUME
FINRA:OKLO_SHORT_VOLUME
FINRA:FFIE_SHORT_VOLUME
FINRA:GWAV_SHORT_VOLUME
FINRA:CRKN_SHORT_VOLUME
All of them have the same pattern,
Rumor in the meme stock forums
Frenzy buying
Immediate huge short volume
The takeaway of this presentation is, never fall for what others "rumor" in forums, trade following your own system, your money and your profit/loses are just yours, so the responsibility to plan your trade.
Buying and selling shares in the stock market is very easy, trading is not, and they're definitely not the same. #LearnToEarn.
USDJPY: Day 3 breakout traders triggered in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Market currently rising up on the backside move, potentially going to complete the big template of dump and pump started the last Wednesday.
Day 3 breakout long traders triggered in the market, closing yesterday out of balance.
DAILY TEMPLATE (15min chart):
After Asian pushed higher, breaking out the current HOW, the market dumped down and currently in consolidation around closing price/previous HOD.
CPI on calendar for 8:30am NTY, things can drastically change with this high impact news release.
THESIS :
This market placing higher highs it may be preparing for a major move, stopping short traders from previous HOW.
SETUP :
Long (primary): market already broke higher and dumped into previous level of interest, if it keep consolidating till news release, I will be happy to long (first bar after the news or first bounce if identified)
Short: no LOD triggered, if market pumped up into HOW, it could give a scalp short, not really in my interest of the day.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
S&P500: First Red Day, FRIDAY DAY 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Tuesday, Wednesday and Thursday the market bring traders up high, triggering long breakout for three days is a row, breaking higher and failing the weekly level on Thursday, day which closed as well as a first red day.
DAILY TEMPLATE (15min chart):
The market today slightly trigger other time frames in the market, consolidating both the session of Asia and London above CP and previous LOD.
THESIS :
Wait for equity NYO at 9:30, possibility to the big pump and dump to be completed by the next few days if the backside move will start.
Trader in profit also above HOW, I will not exclude scalp long if a setup is presented
SETUP :
Short: LL LOD, pump and dump into yesterday LOD
Long: dump into CP/LOD for a pump back to previous HOD
HERE BELOW, SIMILAR TEMPLATE FOR THE DAY"
NAS100
US2000
US30
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
EURUSD: Dropping in the backside move, First Red DayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
Let’s jump into the Technical Analysis:
WEEKLY TEMPLATE (1hr chart):
Monday to Wednesday the market has been pumping on the frontside, triggering breakout long traders for three days in a row.
Thursday, the market pushed higher and failed the weekly breakout, closing as well as a first red day.
DAILY TEMPLATE (15min chart):
The market today triggered other time frames short in the market, currently out of balance.
THESIS :
This is a typical scenario of weekly template pump and dump, however no major red news on the calendar, so I won't expected such a big short move today.
Long traders are in huge profit, majority of the stops are below the LOW.
SETUP :
Short: Pump into previous LOD/CP and dump with size
Long: not interested
SIMILAR TEMPLATE FOR THE DAY:
GBPUSD
GOLD
However, both of them are still inside the previous high low range, at the moment the best template is EURUSD
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Chronicle of a Foretold Pump/DumpPump/Dump schema:
Discrete Share accumulation.
Broadcasted Triggering Event (news, rumors, forums, etc).
Gather the mass of "Bagholders".
Dump all the load.
Pocket the quick profit.
I am not a fan of " meme stocks " because they're very much like penny stocks, prone to pump/dump schemes. How legal or illegal is this practice?, it is not us to decide, there are authorities who are supposed to regulate these behaviors.
Regardless of the morality of a it we can analyze the radiography of the move. Using the volume bars feature, you can see "big fat" candles on the accumulation phase, the "rumor" phase where the "roaring kitty" name was heard in the news, the spike and immediately took the stock to a quick profit of +120% overnight, and the fade phase, where the only thing that remained at the end was the frozen smile of the hopeful bagholders with a fading volume.
#LearnToEarn.
Be careful where you put your money, trading and investing requires knowledge of the company, its balance sheet, fundamentals and/or technical metrics. Don't follow the crowd, else you'll end up in the slaughter house. There's no free lunch in Wall St.
Let's remember this quote: "The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor." Jesse Livermore.