Mayfair_Ventures

Mayfair_Ventures

Did you know? The current "Crypto" market cap as around $2TN - there's a chart of @TradingView for this. What's interesting is - that if you look at Global GDP stats as per image above. You will see that if Crypto was an economy it would sit in between Italy and Brazil for size. What Is Gross Domestic Product (GDP)? Gross domestic product (GDP) is the total...

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As per plotting of the weekly in Advanced Get - we will update these ideas with daily plots. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will...

Mayfair_Ventures

I've had quite some fun waiting for the Bitcoin move recently. After a great response from the "Buffoonery" post I was asked about some of the tech depth. So I posted The "Rocket" idea - see all of these below in related ideas. Waiting for things to setup I thought I would play with some art and the chart looked like Bart Simpsons Hairline. So I posted a joke...

Mayfair_Ventures Updated 

Not 100% ready to long for the long-term. I believe Dollar is about to give another little dart up. Expect the unexpected! Here are a few reasons why. Monthly Quadratics - shows another little move up (White line) - So we assume overall long momentum. The weekly DXY chart stochastic shows an overbought situation - Suggesting another push up for EU. So again...

Mayfair_Ventures Updated 

I have posted a couple of posts on BTC & Crypto recently. It's fascinating to see Bitcoin being manoeuvred into its professional status - as a long time trader & investor. It's AMAZING to see all of the long calls and posts. We have monthly stochastic, weekly stochastic, Wave 5 daily completion on Elliott, which is inside a wave 3 weekly. Grayscale fund...

Mayfair_Ventures

After posting some educational content, it's been amazing the conversations that have flooded in. Ranging from questions, requests and just general chit chat. One of the hot topics for beginners has been the use and understanding of Fibonacci levels. So I want to share this and ask. What kind of music do you listen to whilst trading? I saw a trade idea posted...

Mayfair_Ventures

So this post is a little different - it's not an analysis or really a tutorial. I am looking to see what the community sees as the strangest, craziest, most colourful, most interesting or pointless indicator, strategy or tool? About 2 years ago I was shown a strategy/technique - I assumed it was complete rubbish, it talks about Lunar dates, cycles. Now although...

Mayfair_Ventures Updated 

In the last couple of weeks, we have posted several BTC, crypto and alt coin posts. This has been followed up with updates and comments. Going back over them, we thought it best to correlate the info under one post. So related ideas from the short call. Here's why we saw the short move. Daily Elliott 5th wave being completed - linning up nicely at the time...

Mayfair_Ventures Updated 

Had a few comments & requests regarding the last couple of BTC calls - see this imparticular; I am 100% Bullish on the tech as a whole, but to move on up we should expect a corrective move. This as per the last calls shows how and why we are going about it. In terms of updates to that post and the couple before it please see below; Starting with the monthly...

Mayfair_Ventures Updated 

About 80% of the investments in the trust, which now manages $38.5 billion, is from institutional investors, Grayscale disclosed at the end of last year’s third quarter. ***COT data is showing Longs of (5 Bitcoins) 2,335 & shorts at 7,144. The discounted shares in the trust suggest that institutional investors are rushing to sell shares in the trust, perhaps...

Mayfair_Ventures Updated 

Elliott wave is a great tool to have in your arsenal - I have been asked more and more about it recently. So I wanted to share a simplified breakdown. Of course it can be complex and detailed, it also requires constant tweaking. The Elliott Wave Principle posits that collective investor psychology, or crowd psychology, moves between optimism and pessimism in...

Mayfair_Ventures

Happy Holidays all - 🐣🐥 After writing a few educational posts recently, it has been interesting to see the comments & DM's. Years ago we set out training traders the basics; we called the trades "starbuck bets" the idea was for some people, extra money each week was what they were looking for from trading. For others it was extra money for a daily coffee on the...

Mayfair_Ventures

Standing on Its Own as the World’s Reserve Currency In 1944, delegates from 44 Allied countries met in Bretton Wood, New Hampshire, to come up with a system to manage foreign exchange that would not put any country at a disadvantage. It was decided that the world’s currencies couldn’t be linked to gold, but they could be linked to the U.S. dollar, which was...

Mayfair_Ventures Updated 

Enjoying the moves recently and very very interesting to see the institutional transition. Giving 9 out of 10 calls are still "moon shots" I feel the Elliott formations/Wyckoff structures are starting to look to be in play. Going all out on a limb. I would like to see from here, a liquidity grab around $30k, or on the next confirmation long is a break and retest...

Mayfair_Ventures

Elliott Wave Post 2; after writing the first post I have received some questions. So I thought it easier to write a follow-up post here showing some tricks. To be clear, I am not an Elliottition as a whole, I use it as part of a wider strategy on the monthly and weekly timeframes. But also we have access to an automated Elliott wave tool. The Elliott wave logic...

Mayfair_Ventures Updated 

Less of a Long/Short call and more of an interesting view on the market in terms of crypto. For more info see the posts below (Related ideas) where they are more in depth. This indicator is showing the Total Crypto Market Cap, Bitcoin & the Alt market - Correlation and divergence. 30 days - Alt Correlation of some of the top coins; Feel free to request a...

Mayfair_Ventures

The secret is there is no secret. When trading Elliott wave moves (4) can often be the most complex, and unpredictable. Wave four is typically clearly corrective. Prices may meander sideways for an extended period, and wave four typically retraces less than 38.2% of wave three. Volume is well below that of wave three. This is a good place to buy a pull-back if...

Mayfair_Ventures

Why you should absolutely do your own analysis – It doesn’t matter if it’s fundamental, technical or purely going off the price action. People will argue this, that and the other – everyone has their own opinion, and that’s fine. But when it comes to trading there’s nobody who knows you better than you. I love reading posts that say – “don’t forget to like and...