DesktraderUK

DesktraderUK

for some fun, and as we seem to be in this bull market I thought i would post some of my own tthoughts. this is not to align with our strategy. its purely my personal opinions. so if anything do the complete oposition as in most cases , even from so say experts, these opinions mean nothing and prove nothing. ITS JUST FOR FUN. Anyway, I feel the market might do a...

DesktraderUK

Bitcoin is in the typical 5 point touch points of a channel. typically the way this plays out is for a retracement to the mean of that channel , the dotted purple line. then creates a level to the top end of the channel as a 6th touch point and goes for a moon shot. I have price here at a support line , yellow dotted line. but also have a Entry if price breaks...

DesktraderUK

looking to take a long for a minimum return of 4:1 buy between the white nad the red lines red being the exit for a stop loss. might just coincide with the moon cycles too. 4:1 target is the yellow line. but i might hold this is this turns out to be the next big run.

DesktraderUK

This is a daily chart plotting the moon cycles, the correlation to the price movement is striking !. Not a timing tool per se , but still worth thinking about when investing

DesktraderUK Updated 

I can see one more push higher for bitcoin, before a retracement back to the 38K zone. where potentially we can back up the bus and ride for the big move to over 100K.

DesktraderUK

the larger consolidation has just broke out, with a small timeframe consolidation signalling a break to the upside. Spring is coiled and we are about to unleash. fill you boot boys and girls.

DesktraderUK

Looking for a push back up in Oil to our Zone for a 4:1 risk reward. After bouncing nicely off our demand level. now looking for price to move up to our Supply level.

DesktraderUK

supply nad demand levels i expect to pay out. Both in play both for a 4:1 risk reward.

DesktraderUK

USDJPY - Zone for a retracement for a 4:1 risk reward. Dollar is still showing strength but like the EUR trade yesterday these zones can give you a nice 4:1 risk reward retracement during the move. Should hit today, but certainly this week. if we are too close going into news i would pull the trade

DesktraderUK

Dollar continues to show strength but with a couple of demand levels below. I can see both of these working for a quick 4:1 risk reward.

DesktraderUK

With this spike in the US10 Yield, if this continues the market will probably sell off big time. so looking for a pullback to where I think institutions are selling their positions.

DesktraderUK

Looking to see if we can get anticipatory pullback at the BUY zone on NZDUSD. looking for a 4:1 Risk reward if it does.

DesktraderUK

One Buy and One Sell zones for the GBPUSD. 4:1 risk reward both in play.

DesktraderUK

A couple of Buy levels below current price if price breaks down, plus a Sell zone above current price. all are in play. all for a 4:1 risk reward ration.

DesktraderUK

possible quick pull back on this move higher this morning. only challenge is the stop is quite tight as there is also a pivot higher depicted by the white line. My rules go for the tighter level for a shorter 4:1 . but you could have your stop at the pivot. I wont.

DesktraderUK

Looking for a continuation of the uptrend after a pullback. , should fall in line with dollar continuation as well. expecting this to play out this week.

DesktraderUK

Bitcoin has been stuck in this consolidation area now for a while. it may well stay here for a few more week, but if we do get a move in either direction, one BUY nad one SELL level. the BUY level is a more risky one and not an automatic order. price might spike down to clear out the LONGS or just pause for a continuation down move. either way expect 4:1 risk...

DesktraderUK Updated 

if any weakness is seen in the dollar i would expect this pull back at this level for a 4:1 risk reward