Im sure if you're reading this, you and the guy next to you and his neighbor are all trying to pick a bottom in these markets. With the fed chairman raising rates like never before literally it hasn't been done before. Individuals who think the bottom is in already they are sorely mistaken. It's only a matter of time until the US citizen starts to run out of...
This price action to me says the market is pricing in lower value for bitcoin. Now that doesn't mean it should just fall to it inception price. I have 23200 for Bitcoin to make another leg lower. Essentially in my own terms balancing the market for the time being. Now ive had other speculations for upside potential for the coin one being 26k but it fell just...
Has the selling only just begun? Gas prices higher, food higher, I sound like a broken record when talking about BTC or crypto in general. People just don't have the funds to prop this market up anymore. At this point it is only common sense. Now after calling BTC to 31180( see the reaction and retest of that number just for completeness sake) then refer to my...
Individuals were angry that I wasn't offering a selling or buying idea when I posted my speculation for gold. Well let me address this, obviously this market is in a selling environment so obviously selling is something that should motivate your trading decision. But buying for a short term daily goal isn't off the table either. Your trading decision should be...
When gold looks for 2000, should we ask our selfs, if we have "placed" our selfs rightfully in "time" to take advantage.
We live under a system that can manipulate price from 0 to 120 dollars a barrel with in 2 years time. If you think this isnt calculated. You're sorrily mistaken. AS seen on the weekly chart. Price for us is determined before it happens. Thats why we predict volatility and black swan events. before they occur. It goes back to basics, equal highs are what the market...
Sometimes our fait is written in the past, should we remember this? We want our own Finacial system. But have yet taken out the current one we are in, Rome must fall for new beginnings.
Double top, wedge, triangle patterns, wykoff? where will the new generation of traders make their name? Is "their" a pattern out there not discovered yet? Is there. Patterns that yeild knowledge beyond belief of the quants we live amongst day by day. Find these new patterns in price. The truth has been hidden in plain sight. Find it within you to look beneath...
In my studies of price action I've come to find out that the brain should be the quickest and most accurate indicator on the face of the planet and, always will be. Understanding that, you must watch price as it lays itself out session by session day by day. Taking time during the weekend to really study the past weeks price action. Heres a helpful hint, Really...
When utilizing Trading View's replay tool, I like to act as if I were trading the market live utilizing sound money management. Taking loses where they occur and visualizing wins when they play out. Looking back on price action this week I can't help but to notice very obvious occurrences. When you understand what price is doing you start to see things...
Understanding the daily bias that is seen on the daily chart only. Having a "one candle to rule them all" sitting pretty on the daily. Also know as a pin bar. We start to understand daily bias. Does this mean we are only to look for buys? No. How do we sell into a gap in price. Or how do we buy into a gap. And better yet how do we sell/ buy the gap. For this...
When knowing that price is in a premium market, we as retail traders, or smart money traders should start to understand that selling is in our favor, and is in the interbank algorithms favor. In this simple screenshot you'll understand that finding certain price action on a higher time frame could benefit your lower time frame executions before they happen. only...
I can't help but to think, that during covid lockdowns and when the U.S. government was handing out free Monet to individuals. That those individuals were simply using that money to pump the crypt market. Now that we are seeing a dying economy here in the U.S. we are also seeing a dying crypto market? When it cost 2x or even 3x more money to purchase the same...
Understanding when the market is in premium and discount and what to do when you see certain price action happening at certain times during the trading day.