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Wycoff

URA: Buying The Dip on Boomer StocksThis is the year for my boomer friends to buy the dip on their favorite long time value stocks and commodities. That being said, it appears we have Wyckoff Accumulation happening on Uranium. I'm noticing a lot of dip buying with Pleiades bands widening to the buy side while we are chopping sideways. I could see one last shakeout (or Spring) to allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds into March. Short Term downside shakeout targets 23, 22.72, 22.26, 21.60 Longer Term upside targets 27.60, 31.20, 35.11, 40.72 Catalysts 1.) Saudi Arabia to develop 'huge' uranium resources in energy diversity push www.spglobal.com 2.) Demand from other countries may increase for energy alternatives as price for oil, natural gas, and other commodities keep going up with inflation. school.stockcharts.com www.world-nuclear.org
AMEX:URALong
by GammaRayGoated
BTC in an accumulating phaseHello guys, as mentioned in previous ideas, im just a day trader sharing my ideas. Please do not take them as financial advice, always do your own research. As mention before, we've been shorting since 52k and waiting on BTC to descend to its highest support and demand zone, which spans all the way from 43k to 40k, to enter into some fresh LONG positions. In the past few days we've seen a lot of volatility, and the pair is trading at 41k at the time of writing. We can see a lot of buying volume rolling in, suggesting accumulation and leveraged traders are doubling down on their positions as the leverage ratio in exchanges is rapidly increasing (Which means traders are confident about their positions). Finally we can see an interesting pattern forming which would suggest a trend reversal, the Wyckoff spring. There are a lot of ideas here about Wyckoff's accumulation phase here on TradingView, so I won't get into the details, but if that is whats going on, we should expect a pattern like the one drawn play out in the next few days. I am still confident on my analysis, and Im personally happily accumulating more BTC at lower levels, averaging my positions. If the price turns down from 40k, we can expect to revisit lower levels like 38k. If that plays out all we have to do is stay calm, stay away from high leverage and accumulate at lower prices to average out our positions. Hope you guys are doing well and taking some profits along the way, money management is KEY.
Long
by cryp70g0d
Buyer Beware: Wyckoff Distribution It appears that we have a lot of uncertainty ahead and now is a good time to plan ahead to be sure you aren't left holding the bag. Short Term: Up Longer Term: Down If you combine all the buying and selling across all the major indices you start to see the following: 1.) Sell off volume to the downside is higher than buying volume. 2.) Noya indicator showing very strong selling pressure on our recent dip in the New Year. Incoming catalysts for 2022 & 2023 1.) Fed is tightening. 2.) US10Y already increasing in the anticipation of fed tightening. 3.) Risk of inflation getting out of hand. 4.) China strong commodity demand pushing prices up for commodities for the rest of the world. 5.) Inflation is already starting to show in metals. 6.) Potential energy costs going up on US tension with Russia. The yellow arrows signify a typical Wyckoff Distribution across the combined indices. Near Term I could see the US10Y doing a brief pullback/cooldown so be ready for a fast rip to the upside in the coming weeks — likely from oversold tech stocks. Also watch for lots of pumping of stocks in the media/TV/Fintwit. The hedgies and larger funds need someone to buy the top and hold the bags. Longer Term Beware of strong volume of selling from hedge funds and large institutions when price reaches the top of the distribution patterns. Plan 1.) Move like a sniper and be sure to take profits fast so you can get in and out if volatility remains high. 2.) Monitor the Put To Call ratio and take heed to Warren Buffett and John Templeton's advice and buy when others are fearful and sell when others are greedy. If everyone is buying puts at the bottom of the distribution pattern it is likely that thinks will go up. The opposite is true as price goes to the top of the pattern. 3.) Set your levels and stick to them. 4.) Monitor the selling volume at the top most portion of the distribution pattern. If it is higher than the buying volume then it is clear that smart money is offloading the bags to retail (especially combined with media/TV hype). Other (late night) thought experiment If the doomsday scenarios above are true and the Fed is not here to "save" us we should consider that the goal of big money wall street is to extract the most amount of money (usually from retail traders). They need someone on the other side of the trade. The crash like scenarios aren't as profitable as a distribution pattern where the market goes sideways for many months while smart money gets out, selling the top, selling call and put premium to retail, and positioning short to buy the bottom.
AMEX:SPY
by GammaRayGoated
14
#AUDUSD #short after #professionalselling and a no demand AUDUSD short after professional selling and a successful no demand VSALite Trade strategy using the Tradeguider VSA Lite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX markets). Checklist: • Signal of professional selling at 14:00 27/10/2021 • Successful no demand at 03:30 28/10/2021 • Stop placed at 0.7550 • 4 consecutive short term indicator red bars • Entry on a bar that closed on it’s low • No previous price action at this level for a few days • A background of weakness Management of the trade in accordance with my trading plan on 15 mins
Short
by VSA_Alex_