I show you how to use the Rolling Pivot Range to trail your stop loss and maximize your gains.
I show you the basics here, how to identify the classic trade setup and where to place your stop loss for a bullish or bearish setup.
I show you what Pivotstax is and what markets you can use it to trade.
I give a short explanation of a pivot and which pivots we use for intraday trading with Pivotstax.
When you track the side by side chart on the hourly you can really start to see the inverse relationship occurring real time. The bond market sells off, Bitcoin rallies, and vice versa. This is very telling that there is a clear relationship with bonds and BTC. And it's new. This has only started happening in the last 30 days. What does it mean? Check out...
BTCUSD / US Bonds are Inversely Correlated Since March 7, 2022 the bond market has been in a freefall, spiking rates, as you can see with the 10 Year Treasury Bitcoin has been on a rally that started on March 7 with a major spike then pullback the following day, only to take off like a freight train. This a clear inverse correlation that has set in and does...
The 2-10 Year yield curve spread has been steadily converging over the last year and has precipitated it's collapse the last 30-60 days with the 7 year inversion to the 10 year just happening last week. Flattening and inverting of the yield curve is a leading indicator of the onset of a recession or at minimum, economic contraction. Peace, CB
Bottoming price pattern indicates bearishness has ended. The bullish Pivot Stack shows an upward bias. A new Monthly Pivot Range provides a higher price level of support. In addition to the positive fundamental news that has come out recently on Albermarle, the price shows convincing evidence that the bottom is in for the time being. The bounce off the June...
A convincing Hammer candle through the Monthly Pivot Range is a clear buy signal.For the crypto complex the bearish moves down show exhaustion and the markets are ready to move higher again. Go long at the current price zone of 11500 - 11600. Enter a stop loss below the low of the candlestick from yesterday's session at 9720. Shoot for a profit target at 12390...
Bitcoin has had a nice rally recently along with the whole Crypto complex. There may be still more left as the long term consolidation continues with a some encouraging higher prices. Nonetheless, you'll want to see further strength in the price before committing too much in the near term. Go long if the price trades through 4255 and place a stop loss at 3485...
The setup continues to push higher with support intact and the bias remaining bullish. The price will have to exceed the recent swing high from a few days ago before the continued move up will ensue. Stay long and trail the stop loss to the Rolling Pivot Range low as the market pushes higher.
With a convincing Pivot Stack in place the upside looks like a cap is in place for the near term price. However, the price will need to confirm the weakness is definitive by breaking the swing low bullish Hammer candle of March 8th. Go short at 25198 and place a stop loss at the top of the Pivot Stack at around 25869 with a profit target of 23893. This makes...
The Mini Dow Jones has a Pivot Stack in place that is supportive for a higher move. The bias is to the upside as long as the Pivots hold support. If the price can break out of Friday's high, then a rally could ensue from there.
The price did a test rally and looks poised to run up again. The Pivot Stack is in place as support. Go long a break above the recent swing high at 14.470 and place a stop loss at 11.610 with a profit target at 18.400
The past 3 days have formed an uptrend that has the requisite Pivot Stack formed beneath it. In this case we have a Super Pivot Stack, which is very bullish and this confirms strong support and a bias to the upside. Go long as you break through the 3923 level and place a stop loss at 3655 with a profit target at 4383. These prices are from the Bittrex Exchange.
The “Dollars Down Under” are showing a rare Almost Super Pivot Stack pivot setup. What this means is the new Monthly Pivot Range is out and overlayed on top of the other pivot ranges. This type of setup is a high probability setup, in this case, to go short. All the resistance is here to be confident of the bias to the downside. Hence, this is a good sell if...
Canadian Dollar looks like it could continue a selloff. The Major Pivot Stack is in place for resistance and the bias is to the downside. Go short on weakness through 1.3190 with a stop loss at 1.3272 and place a profit target at 1.3071.
The Euro British Pound has a Major Pivot Stack providing resistance to a move up. Hence, look for the path of least resistance to the downside. Enter on weakness through 0.8736 and shoot for a profit target at the swing low around 0.8626. Place the stop loss at 0.8804.