BTC USD IdeaOn the BTCUSD pair, we have the last bearish range POC to fight off. If the market maker pushes the price through 70k, we are very bullish. We are currently in premium prices. I do not add into positions after weeks of rallying from discount to premium. So, we just let it run with our last 1% of the runner. I moved the stop under 62652.99 and let it do its thing. If it drops, I'm out of the trade with 6% total after booking 3x2%. I love runners. Simply out of 100 trades, 10 runners of weekly or daily structure bring in 100% profit over a year period. So, never close all trades and get scared if you get in on a discount price
Themarketknight
EUR USD IdeaThe big picture on the yearly chart would be simple. If the price manages to cruise through last year's high of 1.12757, then we have a yearly fractal low in our hands to trade bullish momentum, with massive up targets to get into large trades. The whole range medium, as on the picture, represented by the yellow line, would be a heavy buying target, and the second would be 1.25557. These are targets that ultra-large whales aim for. So, monthly, weekly, and daily bull backs are respected well. But first, we need bullish momentum. So, there is no brainer to hold trades.
BTC USD Update65593.56 is the target, TP 3 for me has been reached, 3x2% paid out, and another runner going with a stop on the new HL. So, I do not add, I just pay and leave runners. If I get them, the next I plan to add is when we get a good retracement. But gold and bitcoin and other mega assets are booming against dollar inflation. So, no brainer to hold trades. I'll keep you posted.
EUR USD Update1.11393 is a price held as a selling point for orders that have been delivered from the lows. It's a great place for heavy market makers to sell orders into resistance. It's been a long rally, and now we don't do anything here. Let them sell, buy whatever, probably get in next week with some good price action after the monthly candle closes. I didn't make anything on FX the last two weeks. More importantly, I keep my fingers off the mouse for FOMO trades. I'll keep posting if something comes up.
ETH USD IdeaIf Bitcoin starts to rally higher from its current level, Ethereum would be a relatively cheap to invest in, either as a spot position or for swing trading. While I haven't traded Ethereum as a day trader, I'm currently holding it as a spot position. This is just an idea for those who are into alts.
BTC USD UpdateCurrently, we're consolidating after a significant rally. My ideal scenario would be to scalp into a short-term retracement and then go long with a compound trade. I'm aiming to scalp into the 62340.00 liquidation level with small trades, to enter a long position. While I acknowledge the low probability, this would be the best-case scenario for us.
BTC USD UpdateIf the NY session doesn't push through the highs, I might still get a bullish reversal and compound my entry. I'm currently on the sidelines, analyzing the price action. Even if the market turns bullish, I'm not closing my trade I have a protective stop in place since last week, so if the price truly breaks through all-time highs, I want to cruise with it!
EUR USD IdeaWe have no trades in this chart. The price has been bullish for weeks, and bulls have delivered the price into the destination of the heavy seller area to sell them. It's like a war zone. I wanted to get the FOMC fundamental bull back but got stopped out with a break-even trade, so I'm not trading it unless I see a daily candle start doing something. So, I do not scalp or do nothing. I want my scalps to have the possibility to run 10x or 20x. So, I use large time frame structures for small timeframe entries to hold my win rate high, meaning I need to sit behind the screen 80 hours a week almost. But my rates are over 65% since 2001. It's my trading style. I need volume indicators and fundamental, and everything match up before I click on the mouse. I'll keep you posted.
BTC USD UpdateI have a trade going for 2 weeks, and 2 x 2% paid out, and the runner is still earning. I'm good with not entering. My stop is under the low of 57477.00. I'm not moving it, just in case we keep running. The new destination is 65593.56. I have another 2% to take there if we get there. So, I'm thinking that we get some sort of bull back and then a heavy run. Let's see if it plays out.
BTC USD UpdateWe got a new higher low of 57477.00 yesterday, so I do have still 1% in the game, and the destination is the 4h Neg OB higher. So, I'm not trading this range as a swing trade. If I see a 5-minute scalp, I'll take it with a low % trade. It's mixed signals with the stock market and gold as well as dollar news. So, the price can do mixed signals for us. So, I'm very particular with swing trades. I'm okay with risking scalp trades in and out in the same hour, etc. I'll keep posting if I see something.
EUR USD UpdateThe dollar has been starting to movei downward , forming large bearish candles. Our current trade has been running low since last week. We're now adding to the position and scalping it down on any minor bullish bull backs . Let's see if we can reach the range low. I've previously shared a green box in my past posts to visually indicate the target area I'm aiming for. I'll continue updating.
BTC USD UpdateCruising in the recent range with a low of 55534.41, as long as this low is in place and not broken, we are bullish. It's price has had a few scalps for me, but nothing interesting to trade as a swing trade. I have marked my magnets of areas of interest. So, I'm targeting lows and then the high of my 4h Neg OB just hanging there. Let's see what market makers will give us. I'll keep posting if something I like.
BTC USD UpdateThe 1h is declining weekly -OB heavily, and 4h candles failed to push higher also. I believe I need to move my stop back to entry and stay strong to see if we get higher. The reason behind it is that overall, I'm bullish, so I'm willing to risk many trades to be break-even. But for sure, I don't want to miss a trade that actually takes the price higher. So, I'll let it do its thing. If it falls over, oh well, I'll make a new plan.