EURAUD Short BiasWelcome to everyone!
Today we share analysis of Euraud.
euraud just creating supply imbalances on lower timeframes and droping down for monthly Demand. Though this drop would be 3rd one but still that demand is strongest area because it had been broken previous supply areas. Lets see what happens now.
so Short bias right now on euraud.
Happy Trading.
Wealth
Aurora Skies :) Mini Price Bump? Long term perspective VALUE BUYHowdy TradingView Family!
Hope you guys are doing well and having a great day. ACB and the majority of the weed stocks are being hit..and hit hard! However after seeing 100-200% gainers on most stocks its not surprising to see a 50% retracement. If any of us who have traded or invested in crypto in the past this is nothing, but all too familiar.
Let's move forward with how we should approach Aurora.
Stock Dilution? Issue? YES! Does it hinder growth? Nope! It's an issue, but they are not the type of group to pay for companies that wouldn't pay out in the future!
Partnerships? YES! Small deals with UFC & Pax Labs ($1.6B Vape Pen Manufacturer)
Leadership? Great leadership. Been in the stock since 2014. It hit every milestone. No bullshit. Actions louder than words.
Nelson Peltz? Why would a famed Billionaire put his reputation on the line in a proposed "high risk Highly speculative" industry? Because...MJ Sells. The black market always existed before. Narcos Anyone? Its legalized in Canada, 11 states in the USA, its a matter of time until its legal in the USA and its going to be a full fledge bull run..
Social norm of MJ is drastically changing. Ask anyone in the USA age 30 or below if they ever smoked? 80% Of people is yes . Canibus and CBD/THC are entering mainstream markets. Even the dam Kheils has CBD infused facial oil. It does help with pain and stress relief. WAY LESS SIDE EFFECTS THAN MAINSTREAM PERSCRIPTION DRUGS. Also...uhh natural? If God made this beautiful green earth.. its much better then a strong pharma drug made in a lab where the wrong doseage kills ya!
Don't be the loser that said I would have, should have, could have. Heard it 1000000x and said it 10000000000000000000000x more myself. Get some big balls. Invest and hold for the swings. #BTC is swinging for the fences..but it was dead quite when it was trending $3000-4000. No one is ever there for the shitty days but everyone wants to ride the wave up. Well we are in the shitty days of MJ, but let me tell you... I'm 90% invested with my capital and 10% cash to pay for my daily expenses.
I'm in the market to achieve financial freedom. I know you guys are too if not you wouldn't be looking at my dam chart. So HOP on this GRAVY BOAT and let's make some money. I've made some people pretty rich. (i'm still a long way off) Come join and make some free $$$$.
Anti-Fomo Zone: Buy now around market ± a few pennies. You can lose a couple %'s, but if it breaks out you are in it baby! 10-20%
Buy Zone #1: 30-40% of buys positioned here. I'm more aggressive than others. This is if the chart breaks on the 4hr and I can see a small down on the Daily.
Buy Zone #2: Bottom of market? i have a 95% chance of saying yes. Only thing that can destroy the bottom of $6.27 is HORRIBLE HORRIBLE NEWS. ACB fucks up. Or Govenment does a 180 degree.
LONG TERM VALUATION:
STEP ONE: EASY $9.50
STEP TWO: $10-12 (6 months to 1 year out)
STEP THREE: Hold for 1+ Years. There will be ups and downs. Easily seeing this as a $20+ stock. ACB will need to do a stock repurchase or a reverse split to reduce the shares outstanding.
XNGUSD Long BiasWelcome to everyone!
Today is the day of natural gas.
price just reacted the very strong area of monthly demand down there. So when price reacts higher timeframe areas as that happend now then price moves strongly either upward or downward.
well we have projected strong supply weekly zone up there so we can say that is a huge room for earning profit.
Always remember! Just enter in the market zone to zone then you would never be lost anywhere in the forex world.
Happy Trading.
CTST Great PROFIT Opportunity - Buy when others are Running!I have been invested in ACB since early 2014-2015. The stock was highly speculative at the time with 0 confirmation of Canada fully legalizing marijuana. Fast forward to 2019...at its highest point I was up 1200%. Crazy results for any day in the market...albeit if you come from crypto...well we all know that story.
As usual, you boy chases high-risk high reward type investments. POT Stocks have generated some of my biggest earnings for 2019. The market is being trashed with uncertainty in 2019 reaching both highs and lows. I would approach the remainder of 2019 to Q1-Q2 of 2020 as the transitionary phase for POT stocks as more institutional investors get involved, partnerships continue to form, and more consumer grade products (drinks, edibles, oils, etc) hit the market. Expect some bumps in prices, but its an important time for all of us to set our mindsets straight for the coming months.
Questions to ask your self:
1) What is your game plan? Long term holder? Short term? Swing?
2) Set your sell targets and stick with them
3) Do you believe in this company and its industry? If you don't...move along there are other stocks to invest in
4) If you do...I never daytrade companies I don't believe in the long term. This allows me to cut my losses when I need to..but if I need to HODL i have pure confidence it will do great long term if I just walked away for a couple of months.
Believe in yourself. Study up and you will do great!
MY TRADE SET UP:
Set Buys from $5 down to $4.75.
Hold for a swing trade or sell at your set % targets. I am personally tiering my sells from $6.5, $7.50, and long term of +$10 (1 year out).
Personally, I am a bullish long for the POT Market as a whole and CANNTRUST has enough girth to compete with the big bois with a $700M Valuation!!!!! ACB has a $7.1B Market Cap...$13B for Canopy Growth. I can easily see CTST double/triple in valuation with the recent news of partnerships. 3,000 acres to grow hemp and cannabinoids in Bakersfield, CA.
My full-time career in Industrial Real Estate has given me a lot of insight and insider info to F500 companies, institutional investors, & real estate development. POT STOCKS is the next big thing. There is a huge demand for land and warehouses for grow facilities. IIPR went 400% in 5 months and they are a REIT that focuses on MJ industrial properties. I currently represent several large Billion dollar REITs and just completed my 1st industrial development deal at the age of 26. MJ growers and companies are easily paying 3x above market value rent.
CTST being able to land lease 3,000 SF to grow is a BIG DEAL. especially in CA. Looking forward to this company blowing up over the next year :) Hope you join me for the ride!
Good luck & Happy Hunting!
Reg
GBPJPY DAILY PERSPECTIVEGBPJPY Daily
Price pulled up and created a new possible lower high while also rejecting from key 61.8 fib retracement.
As of now price will need to break or bounce from 145.00 support.
A break below could lead price towards 144.00- 143.00 support region.
A bounce from 145.00 support would need to see price break above descending trend line in order for bulls to gain control.
Overall my bias is leaning towards seeing price stay below Trend line and break below 145.00 support.
USDCAD D1After price made new highs and hit our TP1 from our previous markup, we expect USDCAD to make a correction to the downside before bulls regain momentum towards 1.35500 & possibly higher!
With all the economic fundamental news events this week make sure you're patient and trading with proper risk management before entering any trade.
AUDUSD D1Waiting to see AU react towards this demand region around 0.7000 - 0.69800.
Overall momentum on this pair is heavily bearish however we may see some type of retracement towards 0.7100 before the next scenario.
Patiently waiting for price to bounce or break.
USD High Impact news Today at 5:30am PST
GBPAUD H4GBPAUD H4
Price has been moving in a downtrend forming LH’s & LL’s while also rejecting key fib levels at the moment.
Risk to Reward is around 3:1
We’d like for price to stay below 1.8300 overall for this setup to play out.
If price can break below our Trend line around 1.8200 then GA can push down towards 1.8100 - 1.8000 support level.
(Keep in mind high impact AUD news today at 6:30pmPST)
Back to back cypher patterns setting upCurrently in a long cypher with targets 1 already hit and target 2 in sight.
If we can hit target 2 and continue a little higher we could see a second cypher completion to get invoved in the short side.
I am keeping an eye on this pair for the next few days to see how it plays out.
R;R is nearly 1:1.5
Safe trading everyone
SPY...Consolidation for now...Let's hope for a $290! Great New SPY is consolidating along the 1 FIB line. Minor correction is holding around the $280-278 range. We need to see this hold if we want to maintain an ongoing rally for stocks. If we do gun for $290 which was the previous ATH I predict the broader market will drop like a rock shortly after.
Sigh...its been a nice 3-month bull run :P Fingers crossed. Set tight stop losses on all your trades.
I'm expecting some GREEN tomorrow (3/21). Lets hope this pans out for my EA day trade.
Happy Hunting
Reg <3
BTC – positive ratio on the wealthiest walletsHi Guys!
We checked what happens on the top 100 wealthiest addresses on BTC.
So it doesn’t look bad.
There are as much as 46 wallets that just gather money and not send them out. Wow, this is actually nearly a half.
The next 41 wallets had at least one outgoing operation in 2018.
The rest 13 didn’t have any outgoing operation had at least one such operation in 2017 or earlier.
Moreover, the ratio of incoming operations to outcoming operations is positive. Of course, each operation may contain different amount of BTCs but as we can follow these wallets it is easy to observe that the majority of them is actually growing in terms of an amount of BTC.
Furthermore, as we mentioned in our previous analysis somebody has bought 3 bln USD worth BTC at the beginning of December 2018. A well-informed person?
They created multiple BTC addresses transferring 8000 BTC on each wallet address.
This set of wallets starts at number 126 from the richest wallets on BTC network.
You can check it on explorer.
Technical analysis details:
• Visible range – we touched the bottom of Value Area marked since the beginning of 2017
The point of control = fair price at $6720
Mid-term target - the top of Value Area.
• Bollinger Bands – we are right now in the middle of the “decider” zone
If we manage to bounce up from the $3715 region we can count on a couple of days of growth. Target would be $4300
If we fall target $3125
• Weis Waves - not much volume on the correction which is a good sign – green wave expected
• Sentiment Zone Oscillator - still a bit of room for the price to be saturated (pumped) - just crossed the signal line.
Guys, what are your forecasts? Are you more optimistic or pessimistic? Please do share your thought with us in the comment section.
If you would like to help us and motivate us even stronger please don’t forget to give us a like. It is always highly motivative.
MASSIVE Hugs!
WBM Team
Elements of a Successful Trading Plan 105SELF DEVELOPMENT/METHODOLGY/PSCHYOLGOY
Elements of a Successful Trading Plan 105
5. Record Keeping
Record keeping in Forex exchanging is similarly as critical as the exchanging plan and can incredibly expand the odds of achievement. In a perfect world, a person should keep some type of journal or diary to record every one of the exchanges he or she makes and their outcomes. By breaking down the records after some time, one can search for approaches to refine and enhance the exchanging plan for better outcomes. The diary, which is maintaining by the person, ought to become a precise record of each exchange he or she makes and needs to incorporate the accompanying data
Recording the significant data at the season of entering an exchange encourages a person to adopt a deliberate strategy and guarantee that he is making the exchange for legitimate reasons – which is aligned as per the exchanging plan. After some time, he will develop a scope of information with reference to what prompts him to influence an exchange and this can be contrasted with the outcomes to see which techniques are working for individuals and which systems can be enhanced.
A person can likewise utilise the data from the records to create certain insights about the exchanging, which can be useful while dissecting the exchanging history and searching for approaches to make strides. The accompanying insights, which are for the most part and are valuable to know:
• Win Rate – The quantity of effective exchanges communicated as a level of all exchanges
• Average Profits – The normal benefit of every single fruitful exchange
• Average Losses – The normal loss of all losing exchanges
• Net Profit – The aggregate benefits less any costs that are brought about
• Top Currencies – The cash matches that give the best win/misfortune proportion and additionally the most benefit
• Top Indicators – The signs used to settle on choices that have the best achievement rate
Listed above is just covering a small handful of suggestions and somewhere to start:)
Follow your Trading plan, remained disciplined and keep learning !!
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Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!