I have been short BCH from 138.50. This was a short-term trade just to pocket a few bucks. My targets were 111.00 (1st TP) and 107.00 (2nd TP) zone respectively. These two zones were successfully reached. Check out my previous analysis in the RELATED IDEAS section below. PRICE ACTION AND PATIENCE ARE KINGS!!!
Market-makers are currently doing what they always do in the market. They are heavily hunting for STOPS! Price was moved up to my anticipated 147.000 zone. They now needed to take out all the SELLERS and BUYERS by SPIKING the price. If you have placed stop loss orders anywhere around 147.500, you have been kicked out of the market. It is important to be aware of...
Price has been pushed up to the 147.000 zone just as I have been anticipating. We are jumping in with SELL ORDERS!!! We will be heading back down to 140.800 (a zone where we closed all trades - OUR 3rd TP). We have been very patient with USDJPY. We've also been watching what the market-maker's intention are. They were buying in the SHORT-TERM. Now they plan to...
Tesla's price has successfully reached my 216 zone. This zone must be broken. Price will continue to fall one price breaks it. I still anticipate price to fall to the $65 zone. PATIENCE PAYS!!
More STOP LOSS HUNTING is currently still happening. Price has been take to the 1.38500 zone for the 3rd time. This has given us a perfect RISING WEDGE PATTERN - a BEARISH SIGNAL. The 1.38500 zone is where market-makers are taking out STOP LOSSES. Their real intention is to SELL.However, that won't be made obvious. We have jumped back in with SELL ORDERS. We aim...
We are now seeing a RISING WEDGE PATTERN forming. This is a highly BEARISH pattern. I'm still very much BEARISH on USDCAD. More SELL trades have been placed at 1.37500. Market-maker keep taking the price above my 1.36400 zone to take out even more SELLERS and BUYERS. Their intention is to SELL BIG!!! My 1st TP is still at the 1.30000 zone. The following week...
We've since taken all profits at our 3rd TP (1.40800 ZONE). Price moved move up from there to the current at 144.400. It is CONSOLIDATING before either moving up to 147.000 or falling below 140.800 (my last TP). I'm currently not involved with USDJPY until price moves to either 147.000 or 140.800. You need to able to stay away from a PAIR if it is not showing...
Price is moving just as anticipated. It will now KISS the 1.36400 zone for the last time before continuing with the fall. The BEARISH move has PAID OFF significantly. We have moved STOP LOSSES to lock in profits and also took a great chunk of partial profits. This is what trading is all about. Spot the market-maker's moves in the market and capitalize on...
NZDUSD is showing signs that it's about to shoot up! The signs are sticking out like a sore thumb. If you are interested, you can safely BUY this pair in the LONG-TERM . TP is at the 0.74500 zone. REMEMBER: PATIENCE, PROPER RISK MANAGEMENT AND HIGH LEVELS OF TRADING PSYCHOLOGY PAY IN THIS BUSINESS.
We caught USDCAD's SELL ENTRIES spot-on at 1.38350 - where STOP LOSS HUNTING had been taking place heavily! Market-makers know exactly where to fish out traders off the market. Trade like them and you'll be HIGHLY PROFITABLE. We are in deep profits and price is now back below my 1.36400. I now expect price continue falling. Partial profits have been taken once...
I gave out a stern warning about Capitec's overvalued price. I did say that this stock will be in a crazy nosedive very soon. Price has been falling from the R2 380 highs. We are now approaching the R1 500 zone which needs to be broken. I'm loading Capitec shares very aggressively at these zones: 1. R550 2. R200 LOOK BEFORE YOU LEAP!!! INVEST WISELY!
It looks like BTC and ETH are showing pretty much the same movements. These two are highly correlated. I expect ETH to bounce back to the 4 800 zone (a zone it failed to break) before experiencing a huge crash back to around 100. We are going to see crazy BEARISH moves in the crypto space after the current BULL move that's taking place. I will keep track of the...
It seems like market-makers were not done fishing both BUYERS and SELLERS off the market. Price is now back to where the first STOP LOSS HUNTING took place. The following week will be very interesting. We are still SELLING USDCAD. Partial profits were taken at the 1.36400 zone - a zone which I expect to be broken for the second time next week. My TPs are...
Nas100 E-Mini Futures is about to break the 11 100 zone. It started falling at the 16 600 zone. I expect it to fall to the 4 700 zone. ----------------------------------------------------------------------------------------------------------------------------------------- PATIENCE, PROPER RISK MANAGEMENT AND HIGH LEVELS OF TRADING PSYCHOLOGY ARE CRITICAL IN THE MARKETS.
Support an resistance zones are critical in the market. These are the juicy spots from which market-makers get to feed themselves immensely. Many traders get trapped in these zones. Buyers are trapped when the market-maker's intention is to SELL and sellers are trapped when the intention is to BUY. It very important for ordinary retail traders like you and I to...
The total crypto market cap still looks extremely BEARISH. I expect the market to fall to around: 1. $400B 2. $120B before a climb ensues. We will go back to the $3T zone and break it. Cryptocurrencies will SKY-ROCKET. However, for now we are still headed downwards. PATIENCE IS EVERYTHING IN THIS BUSINESS!
The 1.36400 zone has been broken successfully just as I said it would. Price is now going through a retracement. I still have some positions running. Partial profits have been taken yesterday. However, I'm loading some more!! The bearish move is still in progress. USDCAD is currently very BEARISH and I'm raking in all the profits as it falls. REMEMBER: PATIENCE,...
Market-markers have now completed their cruel intentions. They have successfully fished out all the BUYERS off the market. Now they are actively dropping the price just as I have anticipated. I have placed sell orders at 1.37700. The trades are now in DEEP PROFITS!!! The 1.36400 zone is currently getting tested. It will be broken very soon. Massive dropping...