After years of Central Bank "price stability" with a special focus on keeping the equity bull alive, #Trendfollowing strategies were finally unleashed following Covid making up for lost time, and are on track to post yet another stellar year. Of course past performance is never any indication of future returns, but we can think of at least one decent source to...
BTC should still be considered experimental, and we have no great love for ETFs which may or may not have possession of what they say they do, or what the state of the underlying custodian may be. Yet, as a trader the shape of this time-series is compelling. Getting long on this breakout. Back under around 4.50 and it should be considered a failure.
If you have missed the Bitcoin and Ethereum moves entirely, your last best chance may be Bitcoin Cash. This cousin is much more useful than Bitcoin proper when it comes to actually using to buy stuff, though we do not want to get into any of those fundamental details. We are just looking at this technically. With an Average True Range of only $30 right now,...
Before Bitcoin had hit its ATH (All-Time-High) and when it was trading around $7,400 in Oct '17, we were speculating that the upcoming launch of the CME futures could mark an important occasion for the thing based on some of our previous experiences with new product launches. We could not have known then just how right that observation would have been: ...
At long last, one of our most important Canaries in the Coal Mine - the Swiss National Bank - has exited a lengthy consolidation pattern to the downside. Frankly, we are surprised it lasted this long given its exposure to long US mega-cap. Whatever is going on in there, it needs to take out 5400 on the upside to nullify today's short signal using the simple...
Enough time has gone by now that taking a stab here at the long side in BTCUSD over the 40-day high with a close protective stop makes a great deal of sense.
One of the last mega-cap stalwarts at risk of really giving it up here. Short under 99.35 and will take a move over 102.84 to negate. Merry Christmas.
With an ATR of about 50 pts. today's breach of significant lows triggers a short condition and suggests it will tale a move back up and over 2652 to negate.
Take note of this potential 40-day breakout. Follow along with our academic project to publish a transparent index of Trend Trading returns at www.40in20out.com
Look out if 3742 is breached. That is all. FB AAPL AMZN NASDAQ:GOOG
After the lengthy sideways consolidation, BTCUSD has cleanly broken to the downside under 6220. It needs to get back up and over 6445 to consider this a failed downside break.
Either long over the 10/14 freak high 242,62 or short below 188.35 seem like a plausible asymmetric risk/reward opportunity.
Either long over the 10/14 freak high 7788 or short below 6220 seem like a plausible asymmetric risk/reward opportunity.
Long liquidation has turned into an outright short in the www.40in20out.com model...