XForceGlobal

XForceGlobal Wizard Updated 

Hello Traders. Let me start off with a scenario that many - if not all has been through. Have you ever had a series of great trades, only to have one trade to burn your whole capital? It's probably everyone - and a guilty embarrassment that many do not want to admit. It's not bad - it's a learning process. I'm here to talk about how to effectively use stop losses....

XForceGlobal Wizard

Hello traders. Here I would like to take my take on the best timeframes (personally) that I use to trade on. This can apply to all tradable assets - especially for cryptocurrencies. Weekly Timeframe (1W): Usually one-week traders are known as longterm traders. Usually they are good at analyzing the market from a longer perspective and will usually have a...

XForceGlobal Wizard

Hello Traders. Since TradingView does not offer the values of key interest data in terms of specific values for Google Trends (the amount of people interested in Bitcoin?), I have decided to create the graph myself via the data pulled from Google's keyword trends for the search term, "Bitcoin". A small disclaimer: this graph is not drawn to perfect scale. It is to...

XForceGlobal Wizard Updated 

Hello traders. Here I will be showing a simple diagram of the whole Bitcoin dominance effect towards Bitcoin and Alt coins. The diagram is extremely simplified so that anyone can refer to this chart in the future. Many people have a hard time when an alt season starts; however, understanding the few simple rules of Bitcoin dominance can help you know whether you...

XForceGlobal Wizard Updated 

Hello Traders. Thank you so much for the overwhelming support on the last post - we reached over 1200 likes - a new record and the best post of the month on Tradingview. Here I would like to go over why we all continue to fail buying the dips time after time from a market psychology perspective. This is a big problem for many of the traders, and we are all guilty...

XForceGlobal Wizard Updated 

Hello Traders. Here I give a friendly reminder to all beginners and advanced traders that holding (hodl'ing) your position is not ideal up to a certain point. The math of percentages shows that as losses get larger (compound interest), the return necessary to recover to break-even increases at a much faster rate. A loss of 10 percent necessitates an 11 percent...

XForceGlobal Wizard

Hello Traders. After yesterday's mildly successful pump, we were again met with a strong rejection off of the prior double top - now creating a triple top. What does this mean? Well, it can mean a lot of things, but let's leave all of the technical analysis behind and find one other way to find the tops in terms of price action. I would like to introduce to you...

XForceGlobal Wizard

Hello traders. Here I would like to discuss how the Bitcoin dominance works in theory and technically. Why it exists, how it functions, and how we can interpret it in terms of when a potential alt season cycle is coming. Calculating BTC dominance is actually, very straightforward and simple to use for your advantage when trying to understand when to enter alt...

XForceGlobal Wizard

As Biden suggested, "It is a time for healing." - I believe it is absolutely true for a time of healing in all aspects of the world, including Bitcoin. What is the Stock to flow? (about this indicator) As suggested by the creator of this indicator, 'PlanB' : " SF = stock / flow . Stock is the size of the existing stockpiles or reserve. Flow is the yearly...

XForceGlobal Wizard

Here, we would like to discuss the bearish scenario. My job is to make sure that everyone has an understanding of both sides of the spectrum when looking at the market. In this analysis, we will be looking at the higher 1D timeframe, as it is now showing strong resistance - we have now reached a key milestone resistance at $16,000. This is now the make or break...

XForceGlobal Wizard Updated 

Bull Flag : A bull flag forms in bullish trending markets - and we may be entering one of the biggest bull markets after 2018. After a strong bullish movement when this pattern forms. it signals the market that the price is likely to move higher via continuation patterns. A continuation pattern is a measured move (please see the chart above on the left). How to...

XForceGlobal Wizard

Hello everyone, this is going to a small fundamental and technical analysis approach to Ethereum. We recently had a strong chain reaction from Bitcoin's price action to the upside, and Ethereum followed suit. We are currently possibly seeing the beginning (possibly being the keyword) to a new, small mini alt season that can start off with ETH. All things combined,...

XForceGlobal Wizard Updated 

Bitcoin continued its month long surge on Thursday (Friday), rising more than 9% to pass $15,000 for the first time since January 2018 - and beating 2019's ATH, defeating all odds of the COVID-19 and Presidential Election cycle. Bitcoin, with more than 30% in the past month, comes as the outcome of Tuesday's US presidential election remains uncertain. That...

XForceGlobal Wizard

Hello Traders and Investors! Here I show a clear overview of the bumpy ride we had over the past decade in the stock market. The leading indicator for our index is the SNP500. We are entering possibly another rocky ride with the current elections, but there is one thing that we can learn from history: we should always be calm, disciplined, collected, and most...

XForceGlobal Wizard

Hello traders, here I would like to take a moment to explain why the markets do not move in straight lines. This is an observation and a theory, not a prediction. As we have seen a series of phenomenal fundamental bullish news this year alone, this does not mean that the market will go straight to $20,000. It can, but remember, the market is smarter than it was...

XForceGlobal Wizard

Hello traders! Here I would like to present to you another personal market psychology trading plan that I believe is effective for all traders ranging from beginners to advanced . Do you have a trading plan? Most don't. It's very important to create a set of fixed rules that you will always follow when you are trading! The key word here is trading - not investing....

XForceGlobal Wizard

Hello traders and investors, here I would like to compare and contrast the stark differences between a healthy and unhealthy bull run. I would like to dissect the 2019 bull run vs the 2020 bull run, as there is one major difference that I would like to focus on in terms of the differences of the two bull runs. The first thing that we can witness from 2019 is that...

XForceGlobal Wizard

Hello traders, these past few weeks have been incredibly profitable for many traders (and many losses as well)! Here I would like to show you an investor philosophy that I always trade by when approaching the market. Many people approach technical analysis thinking it's the first and foremost thing they must learn, which in reality, should be the last. It's...