Will we see wave 5 as shown on the hourly? I see price behaving as nicely as it can reasonably be expected. I'm a terrible buyer. I'm a smooth operator when the market is selling off, but I am miserable when it comes to buying. The low wicks used to gas up the market always, and I mean always, take me out. I have them placed as low as I can, but for the life of...
Is there any particular setup people would like to see me posting consistently? I don't want to leave people behind when I start doing something different. And you would be helping me too because it's always beneficial to make sure the fundamentals are solid. If you have a concept you'd like me to work through please leave a message below. I get tired of bossing...
Is there any particular setup people would like to see me posting consistently? I don't want to leave people behind when I start doing something different. And you would be helping me too because it's always beneficial to make sure the fundamentals are solid. If you have a concept you'd like me to work through please leave a message below. No one is asking me to...
I've made my ideas as easily digestible from the chart drawing as possible. For my life, I wouldn't know up or down. I want to say up. That just seems like it would be nice.
At the moment the bears are dropping price, and the bulls are watching to the effect a a new lower low. ---- I still am bullish on CAD, but I'd like to see some support come into play, otherwise, it's on the next one.
Placed GTC @ 21.50. Maybe a little early, but I'm willing to place a bet today. If I'm totally wrong, I think we should at least get another shoulder, giving us a target, or a chance to get above breakeven. Good luck.
If you are sitting in front of your computer screen, looking at charts, and asking yourself enough times... "how can I make money out of this?" ... this is what you're eventually going to be doing. Make these drawings enough times and you should not only expect to make money, but you should be annoyed if you aren't. Don't let anybody else tell you what's right...
Hasn't hit the .618 retrace yet, so nothing to really worry about. ---------- This is a complicated markup for a not so complicated play, but I had to go through a lot of junk systems to be able to confidently make simple calls, so I'm still marking things up to get any other perspectives they might offer. A good starting place for building your trading...
Bitcoin is a good place where I put all of the new things I’ve learned from the week into practice for analysis. I would say you should buy Bitcoin still. The Elliot waves say to me it’s time for a new set of 3 higher impulses, which is great news for bitcoiners! When you see a market like this, do you really need professional advice? The corrective phase isn’t...
This strategy would be seen as pitifully lazy to the active day trader, however, to the beginning trader, or the person who is otherwise occupied with life events, this is a strategy that is easy to duplicate. All you do is wait for the end of April or the beginning of May. This can be done easily enough. Then open up a chart, and find the MACD indicator. Wait...
Wild bullish base breakout caught in nature. Had to take a selfie. My focus is not forex, so I don't know all the rules, but this is something I see in stocks and futures so maybe it get it done here too. Does it have to do with a market facilitating buyers and sellers? yes? ok it will probably translate. Let's find out.
I'm not going to be posting as furiously on Trading View in the future. I do like to mark up the charts so I won't stop entirely. But, I am redirecting some of my focus into building a more robust watchlist system, so if that interests you in anyway please go check out this youtube video I made attempting to explain what I'm doing and what my goals are. www.youtube.com
I have gone a little bit crazy here. I think NQ is ready for some correction based on the divergent activity seen in the RSI and the MACD in relativity to the price. This doesn't mean go short now, this means alter your bias to look for short setups. Nasdaq recently ran high out of a line-break. That's the trade we love the most, no doubts there. I find...
Trade in the direction of the move out seems to be the best answer. This is really not as difficult as it's cracked up to be sometimes. Once I can cure myself of the overwhelming desire to use the markets as entertainment instead of simply checking in and checking out... I think I might actually make a lot of money. ------ Ok, have a good day everyone.
TRIP is wedging very nicely. When I'm in $ mode, I don't make mistakes, so I'm waiting for a breakout and retest.
It looks primed and ready to go. You can enter at either one of the green areas, but my preferred method is to enter when the minor downtrend is broken on prices way back up. I would encourage you do to the same. This entrance helps build patience and makes you think about the timing and pay attention more to what price is really doing. Using the order block...
These charts are starting to get absolutely atrocious to look at. I'm loving every minute of it. A wise person once told me that insanity is doing the same thing over-and-over again and expecting different results. They didn't mean it as a compliment. I'm glad they gave me that advice.
Looking for Elliot wave number 5 to take us up. Eyes on the horizon. Dig in. --- As fun as it is to practice patience, I will look for some more immediate action setups.