Another Musk tweet - People pointing fingers and crying. If a tweet is an indicator, then it might be worth choosing another sport. It's scary to see social media posts about "i've lost this, that and the other" Musk - was only a short time ago, the Super Hero . It's funny how that changes when it's not with people agree with. Plain and simple - Risk...
10min BTC update (post technical issues)
As a trader of over 20 years, there has been a lot of trial and error. A lot of learning, it’s still continuing! I wanted to share some interesting pointers with the community; People see charts really look deeper than that. I regard a couple of men in trading terms as the “Greats” Would there be others you consider? Why? Let’s start – the only order is the...
This springs to mind when I watch traders trying to catch the bottom of a move. The issue for me, is that it's structurally moving its corrective move from the ATH. This was a 3 weekly Elliott move. Take a chill and let the market do it's thing. A healthy correction and a new move up will happen. But Elliott (4) moves - especially weekly are here to catch...
Keeping in with the weekly posts on BTC, just a quick view of where we are and what we see at Mayfair
Going back to the 18th of March where we called the Buyers Climax top for Bitcoin's "Wyckoff" Distribution phase. We have had a lot of questions regarding the technique. It's a very difficult one to put into only one post - but to understand Wyckoff methodology you need to first APPRECIATE what Wyckoff is about. History Richard Demille Wyckoff (November 2,...
Our Daily update 10mins on BTC and some other crypto insights.
After my last educational wyckoff post - I had a lot of comments, questions and so on. The idea was to post the basics and show the concept - there has been a lot of the overlay, breakdown and other people jumping on this. It was a move we called on the 18th of March (see the "they blew up the rocket" post). In terms of some simple education, Wyckoff is deep and...
Gold has played exactly where it should have done. I expect the next move to run another quick false move up before dropping down, Ideally center of the Regression channel. Will be looking for key levels around there. DXY strength due for a pullback. (Near term moves) Would like to see the lower move not the higher... Bit of fun Disclaimer This idea does...
Quick overview on BTC for the day
Mayfair's 10min run through of anything interesting in BTC today
2nd try of the same update
As a mentor - I try to get the message over so regardless of the level of skill you have or anyone in the @TradingView community has there will be nuggets of information that are digestible, simple to understand and a little fun along the way. The issue you have with such a broad community, is there are all types of traders here. When I have written something a...
Quick stream on ETH and XRP situation into the weekend.
I posted a quick update stream this morning for ETH & XRP. Yesterday we covered BTC in a bit more depth. Here's the link to the stream www.tradingview.com Ok so breaking down the basics, we had an Elliott count making this move a major 3 and having a deep correction. If you watch the stream - you will see the XRP and ETH correlation to each other and to BTC....
For the last week we have been covering BTC for a super quick breakdown. Wyckoff move overlaid - here's some insight to Wyckoff