Hi guy's, in my latest post I described that we did not see a bullish impulse yet for Bitcoin. Does that mean it can't go higher? No it does not mean that, It means that the probability of a move higher is low and if we move higher it will most likely be a messy move before it comes back down. Sometimes it is just better to wait for the good set-ups instead of...
Hi guy's, we saw a minor bounce higher for Bitcoin but that is not enough to call it a reversal sign (yet). It is not a bullish impulse on daily- 4hr - 1hr time frame. This does not mean it can't go higher from here, it means that we need to wait and see for a little longer. If we make a minor correction (indicated by means of that small arrow lower in the chart)...
In this week's video I explained that for this week the upside is limited for EURUSD. Previously I described that we are either extending higher or in need of a bigger correction. Price is making that extension scenario which means that we are still dealing with 1 unique wave on the weekly time frame. Short term I have been selling the EURUSD from 1.23 and will...
Hi guy's a quick update on my Bitcoin outlook. As mentioned in my weekly video there was a potential short term buy on 1hr time frame after an IF=THEN scenario, that potential short term set-up as described in video never completed. I also mentioned that for the 4 hour and/or daily time frame buy we needed to take out the lows as shown in the previous chart. Now...
Hi guys in my weekly outlook on YouTube I explain what I'm looking for in terms of how to trade Bitcoin. We are dealing with different degree fractals in any market. For Bitcoin we might see a buy based on 1 hour time frame but that doesn't mean the low of this correction (daily time frame) is in place. I suggest to watch my video to understand what I mean and how...
Hi guys a quick update for my 'short-call' (see related ideas below). We might see a minor continuation lower for EURUSD but the 1hr time frame shows 1 unique wave (leading fractal of this bearish move). On the 15min tf we see several inner waves of lesser degree and I therefore see limited downside potential for the short term (that will be a 15min tf trade)....
I like to see a minor consolidation for a sell set-up (short term sell, possibly medium term sell). Watch my video for context and what to expect from this pair. It is not ready yet for a potential 'high probability' buy so we have to be patience and trade it step by step. If you like to trade the bigger fractal you want to wait for the higher fractal to complete...
Hi guys I received several question regarding Bitcoin. I do not really like to participate in the hype of posting about a hype. I would say: forget the 'fundamental analyses', they are based on non-existing correlations/comparisons and therefore of little to no value. For crypto's in general: there is no comparison/correlation with money, companies or...
Hi guys I am looking to add another sell trade to my EURCHF shorts. There is a possibility of another move higher if this turns out to be an expanded flat. However the upside is limited and we have been on top of this pair all the way and I do not want to miss this short. Safe trades!
Hi guy's, in this weeks video I elaborate on the GBPUSD scenario's. First possible trade is a sell where I'll be looking for a follow up that previous bearish leg. Safe trades!
The NZDUSD seems in need of a move lower. Either a correction or a reversal of larger degree. (keep in mind that this pair can extend a little higher first in low volume opening of the market. I uplaoded my weekly outlook to my YouTube channel. (USD/GBP pairs, gold and silver) Safe trades
Happy new year! I wish you all the best and a profitable 2018. I uploaded my video for next week's trading session to my YouTube account. Safe Trades!
Hi trader's, in this week's video we saw a perfect example of 'timing' the market. I explained that the structure was not suggesting a continuation higher yet. I still see that projected move lower as a likely scenario (yellow box in the chart). Today's sell off in USDCAD is enough for a new attempt higher (continuation once price reverse bullish again). It is...
Hi traders in this week's video I elaborate on how to trade EURGBP. Short term we most likely are going to see some more bullishness for this pair.
Hi traders, I uploaded a new video for next week's trading session. The bigger picture for GBPUSD has not changed yet and I'm still selling. However the best sell trade will be after we take out at least the high @1.3547 or even better after taking out the high @1.3657.
In recent video's I explained why I was not looking for bearish continuations in AUDUSD and NZDUSD yet. This week the market explained why. We are able to determine what is an unique wave and therefore we know when a correction is next. The notes are in the charts and medium/bigger picture has not changed. It only became better since these pairs are exactly doing...
In recent video's I explained why I was not looking for bearish continuations in AUDUSD and NZDUSD yet. This week the market explained why. We are able to determine what is an unique wave and therefore we know when a correction is next. The notes are in the charts and medium/bigger picture has not changed. It only became better since these pairs are exactly doing...