Today ETH price is in positive correlation with main cryptocurrencies and is on the positive side right now. ETH has broken very important resistance later than BTC and other, and corrected yesterday. Now the breakthrough is completed and long-term bull trend is awaited. I see a stop loss below this trend line below this trend line (but not to close, be aware of...
Finally BTC has managed to break the downtrend. On the picture you can see the triangle that was broken. I has opened long position from here for a couple of weeks and more. Moreover, fundamental characteristics of the coin are also growing: the number of transactions and amount USD sent are in bull trend like the price itself. I encourage you to check the...
Today I want to share my trading activity in cryptomarkets. BTCUSD made a powerful move and closed above important trend lines. There is a good possibility to grow to MA50 and upper trend line. Moreover, fundamentals (like transactions number) become better, so I see opportunity for future growth as well. Don't forget to exit the position as soon as it becomes...
Oil is one of the most popular bull markets is oil today. There are very huge opened long positions. But today I am going to sell this commodity. The reason behind is closing below 2 important trend lines , as I show it on the graph. As a trader, I should follow my system and it says me today to short oil. In the circumstances of crazy equity markets, huge sell...
I could see a good trading opportunity in selling some Platinum today. Large spec were buying a lot and it seems today that bull period is over (for some time) and they would liquidate their longs. Price has broken 2 important trend lines and came back a little, giving us the last chance for selling. I opened short position with target on 50 MA. If you have...
USDCHF usually fluctuates in relatively narrow range. We were down this range for a couple of weeks, but now it's time to go back. We have met the lower trend line and has successfully pushed off. I see a higher high&low completed now (you should never buy falling knifes, I always aware of them and construct my ideas to avoid this type of trading - follow me, and...
Today I can see a trading opportunity for NZDUSD. Previous week was quite difficult for US economy, and we saw economy drop (and some profitable trades, follow me for such ideas right on time). The last months US equity and currency are inversely correlated and DXY itself becomes stronger. So, fundamentals are ok. From the technical side we have closed below the...
I has already shared my opinion about USDJPY market at the beginning of this week, an this idea is quite profitable for me today. Follow me for getting more valuable ideas :) Now we have one important trend line broken and it gives opportunity to open some very safe positions, with TP/SL coefficient around 6. I have added to my position and see 2 goals here -...
Every one on the Street talks about incoming crisis and 5%+ downtrend for main US indexes. I suppose every trader should use such opportunities and open corresponding short positions. What we have for S&P today? 2017 and January 2018 made it extremely overbought - RSI was on 86, the last time we saw these levels during 1980 rise, and it was followed by 21%...
I would like to share some information about my recent trading activity. My trading religion is to combine all possible directions of market regardless of their nature, fundamental or technical. When I find such combinations, I look for the good entry possibilities. Today USDJPY could be this type of market. All usd-based pairs and DXY itself has shown...