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Wavetrading

Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 6) --> +11.1%We crossed the MA a couple of days ago and I sold at $8.7k. I'm publishing this new thread to track my short position. Check out my previous posts to tracking this strategy thus far, we've secured a decent amount of profit in a volatile market. Segment 3 03/18/2018 - BUY $8,300 03/22/2018 - SELL $8,700 TBD - BUY TBD Beginning ($): $10,650 Ending ($): $11,100 Beginning (BTC): 1.28 Ending (BTC): TBD We didn't lock in too much profit vs. USD on this segment, but we're already guaranteed to profit in terms of BTC as well. Just a couple of hours ago, we saw a huge jump in price. There's only $300 of separation between the MA and the price right now, but the RSI is showing overbought. I'm hoping for a reversal so that we're not buying and selling right around the same price point. However, we'll continue to follow the strategy regardless of movement. Again, no one trade will win, but we will win in the long-term. I'll be posting again when we're looking at a buy signal if it comes today, otherwise I'll get an update out. PM me with any questions that you might have, we're all here to make a profit and improve our trading strategies.
BShort
by dsgorthy
Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 5) ---> +6.5%We crossed the MA a couple of days ago and I bought in at $8.3k. I'm publishing this new thread to track my long position, because the MA has crossed the buy-in, meaning that we're guaranteed to profit. Check out my previous ideas to see the first segment, but we've closed out the second segment and are beginning our first. Segment 2 03/11/2018 - BUY $9,750 03/14/2018 - SELL $9,100 03/18/2018 - BUY $8,300 Beginning ($): $11,400 Ending ($): $10,650 Beginning (BTC): 1.17 Ending (BTC): 1.28 Segment 3 03/18/2018 - BUY $8,300 TBD - SELL TBD TBD - BUY TBD Beginning ($): $10,650 Ending ($): TBD Beginning (BTC): 1.28 Ending (BTC): TBD Segment 2 shows that more every trade will win, on both sides that is. It did win in terms of BTC. Since I'm bullish about BTC long-term, that's fine by me. I'm seeing a lot of posts about BTC heading down, but I'll continue to trade on my strategy. I don't really care whether it goes up and down, I'm looking to profit off of the waves. Stay tuned for updates, hopefully we see some upward movements!
BLong
by dsgorthy
US Indices – Bearish Intermediate (C) – Aggressive SELL - Part 1During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the NASDAQ100 – Bullish Minor 5 - Bulls Come-Back article. US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan. Same day, right before the sell-off began, I posted the CBOE (VIX) - Volatility Index - Pointing towards a Market Crash article in which I mentioned that volatility could return, explaining how complacency can turn into fear. Primary Correction officially started then, with US Indices falling off the edge of the cliff and ending the first sell-off on the 9th of Feb. This was mentioned and signaled multiple times during the Advanced Video Course (see Macro sections and Charting). Since the sell-off, US Indices performed rather well, unfolding a Bullish Correction which ended on the 27th of Feb. 2nd of March low and 6th of March high are viewed as Bearish Minor degree 1 & 2 (red), therefore, I am starting to believe that the Major Sell-off could have started for Intermediate (C) (red). Below you may find some Aggressive views and possible scenarios in which the risk is higher than usual but the potential reward could be worth it. The S&P500 possible drop was mentioned in the SNP500: 2018-2019 Buy & Sell Orders - Correction & Market Crash post. Warning, these set-ups involve high risk and aggressive approach, do not trade if you are not an aggressive trader! Dow Jones (US30) - Short Position: Entry @ 24660.00 (or Market) SL @ 25000.00 Targets: 24000.00 / 23000.00 / 22000.00
TVC:DJIShort
by Lionheart-EWA
8
US Indices – Bearish Intermediate (C) – Aggressive SELL - Part 3During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the NASDAQ100 – Bullish Minor 5 - Bulls Come-Back article. US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan. Same day, right before the sell-off began, I posted the CBOE (VIX) - Volatility Index - Pointing towards a Market Crash article in which I mentioned that volatility could return, explaining how complacency can turn into fear. Primary Correction officially started then, with US Indices falling off the edge of the cliff and ending the first sell-off on the 9th of Feb. This was mentioned and signaled multiple times during the Advanced Video Course (see Macro sections and Charting). Since the sell-off, US Indices performed rather well, unfolding a Bullish Correction which ended on the 27th of Feb. 2nd of March low and 6th of March high are viewed as Bearish Minor degree 1 & 2 (red), therefore, I am starting to believe that the Major Sell-off could have started for Intermediate (C) (red). Below you may find some Aggressive views and possible scenarios in which the risk is higher than usual but the potential reward could be worth it. The S&P500 possible drop was mentioned in the SNP500: 2018-2019 Buy & Sell Orders - Correction & Market Crash post. Warning, these set-ups involve high risk and aggressive approach, do not trade if you are not an aggressive trader! Nasdaq100 - Short Position: Entry @ 6890.00 (or Market) SL @ 7060.00 Targets: 6500.00 / 6100.00 / 5600.00
TVC:NDQShort
by Lionheart-EWA
DAX - False Break-Out - Bullish Correction before Deep Bear ClawDAX - False Break-Out - Bullish Correction before the Deep Bearish Impulse: DAX appeared on the Radar again after a while, unfolding what appears to be a "false break-out" and a "bear trap". Let's make a recap on DAX, shall we? 12th May 2017 was when I called the top and the drop from 12950.00 Levels towards 12000.00 with the " GER30-DAX - SELL Set-Ups - Stock Exchange Crash " article. I was also able to look into the future and project other Levels, according to the Cycle, just click play and see. I know, nice right? 18th August 2017 is when I called the bottom at 12000.00 towards higher Levels, with the " DAX-GER30 – Bullish Retracement - Minor C " article. 26th July was a legendary day. I posted a double view, buy & sell, with the " DAX30 – Stock Exchange Crash – Full Cycle " article. Called the Bull from 12000.00 all the way towards 13300.00 Levels, where I also mentioned that it will be watch and that it could CRASH hard. Guess what? It did! But how did it crash like that from 13400.00 Levels all the way to 12000.00? Remember the weekly updates for our Members? Been calling for the "bear claw" 3 weeks ahead of it! Most of our important Members got this view in Private. Jan 8th: Jan 15th: Jan 22nd: Just 1 day before the Flash Crash on DAX! Am I bragging? You might say yes, you might say no, I am saying the truth and backing things up with actual proofs. Showing off a bit is not always bad and I hope you get the picture here, it's for the "trolls". Now we are back to basics, with DAX "flirting" again with 12000.00 Levels and showing a possible Double Bottom and a Fake Break-out. The Corrective Structure unfolded with a 5 Swings Sequence in Intermediate (A) (turquoise) which indicates that the larger degree looks towards more downside, possibly towards 11600.00 or 11500.00 Levels. I know what you're gonna ask: "Is it going now?" There are chances for it not to go in a straight line there, although it would be destined to go there according to the current Wave Count. After Intermediate (A) (turquoise) hit 12000.00 the Correction started, which was expected. The issue is that it only retraced on the up-side towards the 38.2% Fibonacci Retracements of Intermediate (A) (turquoise). I don't like that and I'm gonna tell you why in the lines below. The Corrective Pattern shows a Combination between a Leading diagonal in Minute a (blue) and an Ending Diagonal in Minute c (blue). Time wise, Intermediate (B) (turquoise) does not really fit into what we (elliotticians) call "the right look", because it did not unfold in a larger amount of time so that it would fit the requirements for an Intermediate Degree. I think that we could possibly see a Complex Pattern, a Combination in Intermediate (B) (turquoise), making the 38.2% Retracements the 1st leg: Minor W (purple). This would explain the way the current Bearish Swing is looking: overlapping waves with Corrective features. I am beginning to think we could be facing a "false break-out", so I would be looking for a Bullish Swing above 12600.00, so that DAX could satisfy a fellow Trader with at least 50% Retracement. Give the dog a bone, c'mon... :-) My view right now is a Double Bottom and a False Break-Out as a possible scenario. Calling for the rise back to 12600.00 is kind of bold, but to be honest it's worth the risk as only a breach of 11800.00 could invalidate the Bullish Swing and if that happens, then it's doomed: 11500.00 would be next. This scenario contains more risk than usual, please be aware!
FOREXCOM:GER40
by Lionheart-EWA
3
USD/JPY buyI am looking for any opportunity to buy UJ, I have some running stop in profit, I would like to add. It may not pull down, but if it spikes down, obviously the 50%(zone) or .618% would be levels to consider buying. I explained this one in great detail on more than 1 video. Even if it were to drive down and break the low, even if it went to 104.00 level, which I don't think it will, pattern says UP, UP, UP. This is a long term trade I am focusing on to hold a very long time. I am interested to see what news momentum does today. I have limit order right at that zone, may even consider a buy stop depending on what it does.
Long
by thillygoosth
What if BTC is going to 9000? What if it will go to 3500?BTC Wave Count is suggesting that there is a possible Extension in play for Minor C (red) within Minute III (red). 9000 Levels represent 100& Fibs Extensions of Minors A & B (red) and 150-161.8% represent a possible Breach of 9000 Levels which would indicate that there is a major sell-off in play which could reach the 3500 bottom. Is this realistic? Does it make any sense? I think so! BTC needs a solid pull-back before moving higher than 40-50K. Even has potential of topping a 100K this year, is that realistic? Why not!?! 9000 Levels to be watched closely for reactions.
BITSTAMP:BTCUSDShort
by Lionheart-EWA
24