themarketknight

themarketknight

The big picture on the yearly chart would be simple. If the price manages to cruise through last year's high of 1.12757, then we have a yearly fractal low in our hands to trade bullish momentum, with massive up targets to get into large trades. The whole range medium, as on the picture, represented by the yellow line, would be a heavy buying target, and the second...

themarketknight

65593.56 is the target, TP 3 for me has been reached, 3x2% paid out, and another runner going with a stop on the new HL. So, I do not add, I just pay and leave runners. If I get them, the next I plan to add is when we get a good retracement. But gold and bitcoin and other mega assets are booming against dollar inflation. So, no brainer to hold trades. I'll keep you posted.

themarketknight

1.11393 is a price held as a selling point for orders that have been delivered from the lows. It's a great place for heavy market makers to sell orders into resistance. It's been a long rally, and now we don't do anything here. Let them sell, buy whatever, probably get in next week with some good price action after the monthly candle closes. I didn't make anything...

themarketknight

If Bitcoin starts to rally higher from its current level, Ethereum would be a relatively cheap to invest in, either as a spot position or for swing trading. While I haven't traded Ethereum as a day trader, I'm currently holding it as a spot position. This is just an idea for those who are into alts.

themarketknight

Currently, we're consolidating after a significant rally. My ideal scenario would be to scalp into a short-term retracement and then go long with a compound trade. I'm aiming to scalp into the 62340.00 liquidation level with small trades, to enter a long position. While I acknowledge the low probability, this would be the best-case scenario for us.

themarketknight

If the NY session doesn't push through the highs, I might still get a bullish reversal and compound my entry. I'm currently on the sidelines, analyzing the price action. Even if the market turns bullish, I'm not closing my trade I have a protective stop in place since last week, so if the price truly breaks through all-time highs, I want to cruise with it!

themarketknight

We have no trades in this chart. The price has been bullish for weeks, and bulls have delivered the price into the destination of the heavy seller area to sell them. It's like a war zone. I wanted to get the FOMC fundamental bull back but got stopped out with a break-even trade, so I'm not trading it unless I see a daily candle start doing something. So, I do not...

themarketknight

Price is ripping through highs into the next level of liquidity. The weekly candle got a small retracement in the Asia session, hardly touching the 1h distribution. Very bullish sign. Let's see how bullish we get from here. I haven't entered anything new. I do have a runner running. So, BTCUSD delivers again and again. Super easy pair to trade. Just need to wait...

themarketknight

Still in the trade with my runner, so I'm not adding or doing anything this week unless we get a 4h bullback to the lower range. If we get a nice retracement, I'm happy to scalp into it for a little extra extra. I'll keep posting if I see something

themarketknight

I have a trade going for 2 weeks, and 2 x 2% paid out, and the runner is still earning. I'm good with not entering. My stop is under the low of 57477.00. I'm not moving it, just in case we keep running. The new destination is 65593.56. I have another 2% to take there if we get there. So, I'm thinking that we get some sort of bull back and then a heavy run. Let's...

themarketknight

Out of the trade overnight, break-even. And the dollar is extremely bearish, and the rest of the pairs are bullish. 0 profit.

themarketknight

So, I have all targets reached since last week, 4% closed, 1 running. Not adding none in premium prices. If anything, I'll just scalp in and out. Great chart, easy trades. Very happy with the BTCUSD pair, totally outperformed my FX pairs. Extremely technical and easy to trade bitcoin.

themarketknight

Dollar Fundamentals today got almost me, my stop with 2% compound trade almost got run thru and now we cruising nicely , lets see what else thy planning to do, im still in my 2 short trades, range midpoint is my target 6% , lets see if we get that far .

themarketknight

We got a new higher low of 57477.00 yesterday, so I do have still 1% in the game, and the destination is the 4h Neg OB higher. So, I'm not trading this range as a swing trade. If I see a 5-minute scalp, I'll take it with a low % trade. It's mixed signals with the stock market and gold as well as dollar news. So, the price can do mixed signals for us. So, I'm very...

themarketknight

We're preparing to take a 2% profit from these two trades and leave the remaining 1% running. The stop loss will be placed below the last low.

themarketknight

The dollar has been starting to movei downward , forming large bearish candles. Our current trade has been running low since last week. We're now adding to the position and scalping it down on any minor bullish bull backs . Let's see if we can reach the range low. I've previously shared a green box in my past posts to visually indicate the target area I'm aiming...

themarketknight

A few upper targets are available. We compounded the trade this morning. Let's see if the market maker really pushes us higher. Overall, I wanted a lower entry, but we were in a discount, so I just went with it after a long wait. I'll keep posting if it progresses into the destination

themarketknight

Lets wait for volume to come in and really see if it does rotation.