trap-trader

trap-trader

I finally figured out how to get AI to do technical analysis. This is first. Follow for more. Next up, I want to see if my AI can also provide a Target.

trap-trader

Note: All three indicators on this chart have turned positive Both moving averages and the Hi/Low Blocks.

trap-trader

Almost forgot to post this today. Posting these charts is still new to me. Anyway... Notice how the moving average line tuned purple inside the green box. Then the next box turned red. Looking out to next week, we'll be looking for a similar pattern in reverse. Wen the line changes color, we'll take a small position. Then when the box changes color, we'll add to...

trap-trader

Getting used to this new indicator. Let's see if I can call buy and sell points correctly. Added a new moving average. All experimental. Let me know what you think.

trap-trader

This is a 4 hour chart. Like daily charts they move VERY slow. None the less, notice a possible reverse head and shoulders pattern forming in the lower left hand corner. Could this be the beginning of a possible reversal? Let's wait and see before taking a position. Also... I added the multi-timeframe boxes which makes this pattern more obvious.

trap-trader

Just thought I'd try posting a daily report. This is the first of hopefully many more. Let's see ow long I can do this. At some point, (hopefully soon), I will be placing a swing trade. That is lasting a week or two.

trap-trader

BTC/USD 1 Hour Tues 6-13 May CPI Inflation data Wed 6-14 May PPI Inflation data Wed 6-14 June Fed meeting Expecting huge whipsaw before breakout.

trap-trader

Two similar breakouts. One winner, one loser. Learn how to tell the difference. Subtle details matter!

trap-trader

Draw these lines on your chart and wait for breakout!

trap-trader

Trend Channel reliability requires reassessment when this happens. Keep an eye out for this to avoid being stopped out.

trap-trader

Analysis in text Callouts on chart.

trap-trader

Includes secret technique for identifying upcoming breakout in trend channel. (Most analysist don't know about this.)

trap-trader

Comments posted as text on chart

trap-trader

Just getting started with this new indicator. No positions yet.

trap-trader Updated 

Testing out my new indicator. Early indication... NUGT will pop up on the open tomorrow, (Wed) morning.

trap-trader

I use First Majestic (AG) as a bell weather for the metals, especially the silver miners. We've had a nice run, so far this year. And... it will continue, but with the Brexit vote coming up in two days, I expect a big fall off for silver and especially the miners, EITHER WAY the vote goes. Not that I'm exiting my AG or other mining stocks. But... I am...

trap-trader

Here is a good example of the Modified Shiff Pitchfork. Notice how two are used to frame the current trading range AND the next Breakout. This works on all time frames. Of course, the longer the time frame the more reliable the pattern.