Xcalibur007

Xcalibur007 Updated 

Many years ago when I was trading front month US options, which settled monthly only at the time, I was perplexed that somebody bought a single way-out-of-the-money call option off me worth $5 (100 x $0.05) late on the day of expiry. I had made the mistake of not stipulating sell all 10 contracts that I was holding or nothing. So, who bought that one contract? You...

Xcalibur007

I wouldn't be surprised if the manipulators take down BTC/USDT this weekend to clean up all of those retail stops below 40,000. They just love the low weekend volumes. Or, do they hammer it further and take us below 30,000 into full bear territory? Hopefully neither. But, BTC is looking weak and most ALTs have been in a bear market since May.

Xcalibur007

I have had a few disagreements with authors on Tradingview and many more over 4 decades with people that do not believe manipulation to be endemic within the financial markets. I now believe crypto to be one of the most manipulated financial markets, often with shock and awe events happening on weekends when lower trading volumes enable prices to be more easily...

Xcalibur007 Updated 

On the 15-minute chart, I see 3 possibilities for Binance Coin versus the Euro: 1. Ending diagonal followed by a retarcement at least to (1). 2. Leading diagonal with breakout to new highs after (5) 3. Breakout to new highs after (3). Looking at the two very large green volume bars during wave (3), I'm leaning toward possibility 1, as I think the correction...