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Tradewonk

CHFJPYFresh demand zone ahead, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Long
by tradewonk
4
XAGUSDRetest back into a demand zone , possible retracement, long opportunity Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
FX_IDC:XAGUSDLong
by tradewonk
14
GBPJPYVery strong fresh demand zone ahead, possible reverse, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Long
by tradewonk
9
EURUSDResistance area looks quite strong, in case it will retested again, i think i will short. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is Sep 22 Comment: Sharp reversal, the price could go much highere, but it's soon weekend, and tomorrow is the New Zealand Parliamentary Elections. I'm out.
Short
by tradewonk
12
XRPBTCRipple for long term investment - If it break the cup and reach the resistance area, it's a good sign for long term investment. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Long
by tradewonk
16
XAUUSDRetest back into a demand zone , possible retracement, long opportunity Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
FX_IDC:XAUUSDLong
by tradewonk
11
USDCADFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Short
by tradewonk
11
XAGUSDFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
FX_IDC:XAGUSDShort
by tradewonk
7
AUDUSDFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Short
by tradewonk
13
AUDCADFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Short
by tradewonk
9
NZDUSDRetest back into a fresh demand zone , possible retracement, long opportunity Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Long
by tradewonk
9
EURGBPFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Short
by tradewonk
11
NZDCADFresh demand zone ahead, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Long
by tradewonk
6
NZDCADRetested back into a fresh demand zone. Long opportuinity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Long
by tradewonk
12
ETHUSDBroke very strong resistance area, could continue highere. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
BITTREX:ETHUSDLong
by tradewonk
14
BTCUSDFresh demand zone ahead, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
BITSTAMP:BTCUSDLong
by tradewonk
17
EURUSDAnother example of: 1) Drop- Base- Rally 2) Rally-Base-Drop 3) Rally-Base-Rally 4) Drop-Base-Drop Supply and demand levels work the same in point and figure as they do in other styles of charts. Look for an area where trend reversed strongly. Your typical rally-base-drop or drop-base-rally would do just fine. You should look to buy or sell when you receive entry signals in those areas only. There is no reason why you cannot take only the trades that offer the greatest potential for success and the lowest risk in relation to it.
Education
by tradewonk
13
STEEMBTCFor long term investors: I believe STEEM could be a great digital currency to invest in long term. Their great idea of social network is rising very fast. There are a lot of good reasons to have Steem Power. By keeping your currency as Steem Power Units, you will be able to make considerably more money in the long run because you essentially have ownership in the network. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
by tradewonk
17
EURCADFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Short
by tradewonk
6
STRATBTCQuiet strong support area. Possible retracement. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
SLong
by tradewonk
7
BTCUSDBroker support area, retested supply zone, possible the price will fall further. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
BITSTAMP:BTCUSDShort
by tradewonk
6
USDCHFFresh supply zone ahead, possible retracement, short opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Short
by tradewonk
1
XAGUSDDemand zone ahead, possible retracement, long opportunity. Stuff to remember: — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly — Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future — The strong initial move can contain a few small retracements but not so many that make this move slow and weak — Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run — Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms — Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance — A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
FX_IDC:XAGUSDLong
by tradewonk
5