MurphysLaw369

MurphysLaw369

I could not take another hour of MIRUSD cycling on a fricken penny. Day after day after painful day. Worse than watching paint dry. It may pop to $ .6 but I could care less LOL. I am in this for the entertainment. Lets see if OMGUSD can provide a little more excitement. In with pocket change for a bullish move play.

MurphysLaw369

So what are the odds we reach around .4 on MIRUSD as it comes out of its 12 month downward wedge, possibly beginning over the next few hours? I am 'guestimating" between .42 and .32. What do you think will occur?

MurphysLaw369

WEBS and WEBL are workhorse 3X etfs and you can't go wrong playing both if your a swing trader. They do not have the volume nor volatility other 3X ETF's have which I like because it tends to move in a sophisticated cadence. If that makes sense. I had stopped trading WEBS and WEBL but found I missed the reasonable probabilities in their waves and cycles so, I am...

MurphysLaw369

I am holding a few hundred bucks in INBS on the premise that the stock has a history of very good chart pattern moves to the upside. That said, I suspect it would take some solid corporate or product news to encourage the next move to the upside OR, a very clear and crisp moving average crossover. The potential upside value is too juicy for me not to park some...

MurphysLaw369

Is this a beautiful pattern or what. Ah but there is one thing missing......volume! LOL. That might be why it is nearly perfect. No volatile moves. HHHMMMMM. ZRXUSD looks beautiful on multiple platforms. I posted a snapshot of ZRXUS on Coinbase yesterday as it looks similar to what I am holding in Kraken.

MurphysLaw369

I suck at trading crypto but even I might make a few bucks on this one over the next 30 days.

MurphysLaw369 Updated 

So, volume dropped off on this one. Late last evening I toyed with micro shares to see if I could identify a trader trapping bulls and/or with the intent on shorting this into the ground. And sure enough it worked. The ridicules back and forth revealed what I had suspected. I am personally avoiding this one until the person or bot is done digging the hole. There...

MurphysLaw369

I tinker in other than BTC but like the S&P, as goes BTC so go nearly everything else. Looks like the BTC turn to 40K=60K this year is in play. Excited to play the dips in my holdings on the way up. Probably not saying anything you all don't already know but hey, it's exciting times again for this old trader and I had to say it to someone. I'd tell my dog about...

MurphysLaw369

NOTE! Low volume stock I entered CPSH this morning on pocket change (under $100). I interpret my chart setup to indicate the stock will be moving up. I typically wait for the DPO to make its first move up of its low. as noted below However, what I have found in past moves is, when the StockRSI "D" halts early and turns horizontal instead of going to 0.00 like the...

MurphysLaw369

Analysis and Opinion based on my chart setup: I have added JAKK to my watchlist for its upside potential. It's not in a position for entry for me, based on how I use my chart setup. Since it is a Renko chart, time is irrelevant so it could be tomorrow or next month before it's a entry. My chart Indicator Settings: Renko chart style. I set mine at 26 to play the...

MurphysLaw369 Updated 

Looks like the reversal has started. Hope to see a nice trend up soon. No guarantees. If a whale comes in and shorts it, indictors mean nothing. that said, the profit appears to be to the upside. My heads up that a reversal is approaching is: 1) SMA's 2,4, 6 have changed color 2) StochRSI is at 0 3) DPO is at a low My entry is based on a multi...

MurphysLaw369

Based on my indicators, UBA is poised to head up in nice fashion. IF, trap plays don't overtake it. My heads up that a reversal is approaching is: 1) SMA's 2,4, 6 have changed color 2) StochRSI is at 0 3) DPO is at a low My entry is based on a multi confirmation: 1)StochRSI has come off of 0 to 30.00 2) DPO has made its first move off its low. This is a key...

MurphysLaw369

Came up with this indicator and Renko chart configuration. Discrete versus analog style which I prefer. SMAs set at 2,4,6,8. Stoch RSI set to k=3, d=2 RSI length=1, stochastic length=2 RSI source=close. DPO Timeframe=Chart, Length=1, Centered.

MurphysLaw369 Updated 

METISUSD has a very clean price action pattern which is perfect for a swing trader like me. As it follows other crypto, it will go where it goes but at the moment the long trend indications are, it might move up in a clean and crisp pattern. Disclaimer - I own pocket change holdings in it as I post this.