Get started

Trades

OIL TumbleThere’s an almost endless supply of oil.. Hundreds of trillions of barrels. - We have great friends who have been in the oil business for decades. Deep in these industries. - They claim to only have hundreds of billions. They have 1000X - 10,000X what they say. (Keeps prices HIGH!) - Remember that the dollar is now "backed" by oil... petrodollar (your dollar is really worth $0.05 they just haven't told you that yet... Fracking is not profitable... No oil produced from anywhere, but Saudi Arabia will be profitable unless their oil is destroyed (not really possible). Oil is a b*tch to get rid of. And if we stole it, America would be nothing but a pile of dust. Period. This is war! It’s a very complicated game of chess. World war three has already started folks! When will they let you know about it? Who knows. Started 11/11/2018 (2+0+1+8 = 11) 11/11/11? hmm. Exactly 100 years after World War 1. Trump and US want to slam the price of oil... This is clearly in affect right now. However, the rebound/repercussion may be very bad for us. But who knows. Maybe the US has some real backup plans for pissing off all these countries and making it harder on us, as quickly as they have... I think they do have some plans. I think the worst of times is coming very soon. Potentially very tough times ahead. There’s too many signs. *Our opinion (and many others who are VERY intelligent, especially in global markets and blockchain & Tech & Industry) is that if you do not hold crypto - the right cryptos btw! (Just digital, inflationary currency that is not controlled by the most evil people and families in the world like other currencies???) (Its 2018 we have a 1940 system still...) Its about to change folks! -If you don't own crypto you will be out on your ass in the coming years. -Worth ZIP. nothing. (Hopefully not!) Trump and IMF may have a plan. I personally think they do. (I think its a crypto asset, or they will reinitiate the gold backed dollar!) SO... This will put the crypto that they would implement (we know which one!) at a very high valuation. And or Gold backed would put Gold prices at $20,000 - $50,000 per OZ - 1oz of gold is currently worth about $1200. Nixon took it off Gold Standard. Trump may put it back on. - Our guess is they would choose the crypto asset over gold (or some mix of the two) to fix the dollar issue that is coming! Trump appears to be trying to save this country, like him or not. Something to the effect of the good bankers and the good top military officials trying to get the world back under the USA's control (usually fairly good people and fair control), before it is destroyed and China/Russia take the wheel. Hope this doesn't sound to crazy to you. If it does, its time to open your eyes. However, it will get bad before it gets better. USA is now under attack (financially for sure) and will fight until death if necessary. Our idea is they will crash and reset the dollar. (They have done things like this before) They will put a crypto based blockchain asset in place to back the dollar. (After its deflated a good bit, and the other countries have one that war to the point of no return (Dollar value)) This will give it strength again, to continue forward with no one expecting or suspecting it. Saudi wants high oil prices - one of the many ways they do this is saying that there’s less than there is and that oil is scarce. 1000X-10,000X more than they have... Wouldn't even be a dollar for a barrel. There’s more OIL, GOLD, SILVER, than they will EVER! Let anyone know. The US Dollar will not be a thing in a decade. WRITE IT DOWN! Mark your calendar. Financial collapses are nothing but a HUGE worldwide robbery. Its planned, its profited from. Etc.. And it’s on its way! Very surprised it hasn't already taken place.
FX:USOIL
by PipPhenes
Can't switch off so came up with some short term ideasOne of my charts has the price dropping back in the triangle from longer timeframes I am currently short after closing my long on the last pump feeling price would return for re-entry SHORT TRADE - entry was above 6400 but possible 6280-6300 short term trade I will hold my short with a stop at 6320 for now to see if we get 6180 or anywhere closer to the bottom cyan trend line LONG TRADE - if price holds here, entry 6220 - 6240, take profit 6360, 6420 and let some ride if price continues up. stop loss at 6200 This is not trading advice, simply trading ideas to keep the mind active I recommend the Bottom / Top Finder indicator you can see on my chart. Find it on Trading View by theheirophant and mention my name if you want to trial it
BITMEX:BTCUSD.P
by paulflint
BTCUSDT BITTREXBTC has been looking quite strong for the past few days, breaking up into the 7k region and has continued up to the 7300 area where it faces some strong resistance. As you can see on the daily chart there has been multiple pull backs to the 61.8 fib level after each impulse move. The 61.8 fib level for the most recent push lines up perfectly with the next daily resistance level at around 7413. I feel that this will be a very strong level of resistance and after the strong run BTC has already had to get to this area, I feel there is a high chance it will be rejected and retrace down to look for support. However, after trending down for the whole of 2018 so far, BTC has finally made its first higher low on the daily after bouncing at the 5900 support. This is a good sign that BTC might finally be starting to turn around and go bullish. We still need a few more confirmations first though. I will be watching closely over the next few days/weeks and looking for another higher low to be formed. This would be achieved if the 6750 support is respected and that level would be a healthy pullback before the next push. If we do get a bounce from that level or another support level for a higher low, we may see BTC continue to move up to retest that long term down trend/wedge top line and potentially break out to confirm a new bullish trend. Waiting for confirmation before entering my long position. I am also using smaller time frames to trade longs/shorts on bitmex during these choppy market times and will be posting some of my XBTUSD charts soon.
COINBASE:BTCUSDShort
by JB110011
Mike sharesIPL: FY results out today, HEPS came in the middle of guidance. Dividend up, coming in at R7.10 so overall decent. Proposed unbundling has been approved by the board and will be concluded in Q4 2018.Share price is up 1.67% to R201.50 and think medium term is a buy opportunity. Will also benefit from any strength in the ZAR. BHP Billiton: Results came out this morning, missed slightly on estimates, but announced record dividend payout of $0.63 per share, amounts to R9 at current USDZAR FX rate. Reiterated that the proceeds of the IS shale assets will be returned to shareholders once the sale has been completed. Sale was $10.8 bil, don’t think the tax will be much ( est 0.1mil ) so most of it will be returned. The sale will be completed by the end of OCT 2018, and will say how they will return it, either via share buyback or cash payment ( dividend ), I think the market will prefer the latter. Was down around 3% this morning and recovered almost half of this back. Expensive at current levels, but still think you can buy any weakness here. Obviously the GBPZAR has moved quite a bit that needs to be factored in. Target of 18pounds still comes to mind. Shoprite: Urggh, what a disappointment, usually my preferred retailer, but trading statement was a massive disappointment, and results today came in at the lower end of the trading statement guidance. Currently down 6.5% at R198, and will need to review this one. Maybe some bottom pickers out there? Above is the most important company results out today, so what else are we looking at in the market? Few shares is Last Day to trade today: L2D,MIX,MND,MNP,QLT,TWR ( anyone notice how close MND came to touching R400 yesterday? Is it time to to take some off the table? ) Did anyone buy the dip on NPN? If not, shame on you, gave you a nice opportunity I think. Yeah sure Tencent slowed down for the first time in 5 years ( or something like that ), but still a massive powerhouse in my opinion. Some downgrades coming I think, but still way below most target levels. Rhamaphoria rally is gone. So where to from now? Well stick to the names of IPL,BVT? Retailers still a sell on any strength think. Names like TRU,CLS comes to mind? Are we seeing a bit of short covering going on in BID? Keeping an eye on this one for possible short BAW, just buy it :-) ( We did, REMEMBER THIS IS JUST AN OPINION AND NOT ADVICE ) BLU: Getting killed once again on the back of Cell C results. Haven’t read it yet, heard something about a rights issue coming up? Rand is stronger today, every day is like a seesaw with this one. Obviously the market wants this trade wars going on to end now, miners will fly. Seeing more and more CEO commenting how Europe will be the main beneficiary if this trade wars continue between US and China? Nothing else too important I’m seeing today, let me know if I've missed something dramatically? Thanks Michael Porter
JSE:J200
by michaelporter
EURUSD SHORT POST ANALYSIS EURUSD SHORT ANALYSIS 1D Chart: *Seller breached significant structure on the 1D Chart *Price held under structure at this level 4H Chart: *4H chart had weak buyer re-test into structure *Strong reaction from seller once it re-tested structure *seller showing strong interest in this sell 1H Chart: *precise entry and exit *final re-test before entering after the strong push from the 4H seller Always make sure to have a trading plan and to stay discipline to this plan. This will help with your overall trading success. Make sure to have a good risk/reward as well as never risk more than 2% of your trading capital! Cheers!
by JosePips
4
BTCUSD Bitcoin Next Swing Trades From HereBitcoin Chart Updates XBT A slow weekend of range trading has given way to an equally slow start come Monday. It's held up well through Saturday and Sunday but here is still no intererst above the 8298 line as yet. Spikes of desire off the 8070 line and rejection spikes above of equal dimensions from the 8298 line show equal indecision here at these levels. Unless day trading within this range it means swing traders have to wait a while longer for a resolution to the on-going fight between the two battle-lines that have been laid down through the weekend. A break above 8300-8315 range is needed on the upside on rising volumes to follow long again looking for 8576 initially. Then has to break above 8600 from that point to trigger another long shot to 8884-9020 range. Next resistance levels above here lie at 9388 and then 9898. And on the downside Bitcoin has to break below 8080-8050 for the bears to win this long drawn-out battle and to follow short back to 7788 initially. There's a second support level at 7661. A break below here should be worth following back to 7347-7209 range. Then there's a bigger break on any fall below 7200 back to 6792. Wave Counts How many waves up have we had? 3 or 4 from the low. If it's the 4th for sure then this rally is already getting past its sell-by date. If it's the 3rd it means we could still yet see a 4th. Hence this only adds to uncertainty. However, if we've had 4 and it now breaks below the 8080-8050 range it's unlikely to just fall away to 7788 and then bounce away again. There will most likely be 3 or waves down - so swing traders can short from 8050 with stops above 8080 and let it run. Upside strength from here is not so certain. Look to scalp the break if it comes on the upside later. We need volume to come in behind us as usual to know the break is good.
BITMEX:XBT
by sumastardon
2
BTCUSD Next Larger Trades from HereBitcoin (Bitstamp) Update Just flipping up and down inside the continuation pattern so far still. What looks like 3 minor waves up so far - can be another one soon but still the pattern here is not worth trading unless playing off the minor parallels for scalps right now. As before it has to break the 8468 line here for a rally to 8539 where there is quite a lot of overhead resistance potential. Bitcoin really has to break above here to start attracting more buyers and to start flipping short stops quite quickly. So this is the point where swing traders are most likely to join any rally - we can too if we see it happen later. Otherwise the field belongs to day traders in the near term. On the downside we need to see a break below the lower parallel of the continuation pattern to trigger another short. If the bears can keep price under the lower parallel this will eventually fall away again until buyers can be found once more. It should then fall to the 8240-8161 range and when broken below will start to pick up speed to 7797 at least, if not to 7562. But be careful of the break lower if and when it comes. It may only fall to 8286 -8240 range to start with - if it rallies again from there do not want it bouncing much above 8351 and back to the underside of the lower small rising parallel once broken below. And ideally we want to see no real bounce at all - at any rate a break below the 8240-8161 range on this feed by 10 or more points will tip Bitcoin back into negative and us into full-on bear mode again, targeting 7797 at least, then 7562 and potenially much lower still.
BITFINEX:BTCUSDShort
by sumastardon
3
Bitcoin: BTCUSD Next Key Trade Points for Sunday TradesBitcoin Trade Points for Sunday Trades Update: Bitfinex Feed 12:27gmt/07:27est Bitcoin is really trying to break the downtrend here - a bear engulfing green ...can buy or add once it's broken through to upside if we see it. It's tracking a narrow corridor/band of uncertainty right now, trying to figure out he next move - cannot be trusted for sure as a result but it looks to be trying for the upside now, at least. Use a stop and try to run it up if possible if this break does actually materialise from here - it may not be possible except in head, but watch for a failed break - this time last week in 10 minutes'time we got an amazing burst upwards if you remember... It's Bitcoin - anything can happen anytime. That's half the fun, isn't it ? Downside potential still as comments above Sunday 10:32 gmt/05:32est Update Bitcoin Sunday Although Saturday was a slow day again we did at least manage to squeeze 310 points on the first short and then 200 or so on the counter-rally long before getting stopped out. Overnight Bitcoin has fallen to the next downside target at 7547 making a new low for this decline at 7550. If you were up and around for that move too then you've had a very profitable Saturday. Some people still have to work for a living...whilst others play Bitcoin. Those with long memories will know that 7547 was the most likely downside target mentioned back in the mists of time, nearly 2 weeks ago now. But the overall pattern is still bearish nonetheless. If you reversed back long at 7550 you have traded brilliantly and don't need much help or much guidance here any more. But the rally from the downside target has been feeble so far and if long here you'll know already that this is still high risk (but still the right trade as the stop can be very close to entry, just 20 or so under 7550 entry, so low risk but potentially high reward). It can easily come back to the low again at 7550 but it has to hold up here for any failure to do so at any point today by more than 20 points will flip Bitcoin back to negative yet again and force it lower, most likely to the next support line at 7221 and then, once this gives way, back to 5915 on Bitstamp where we will probably look to buy again if price action allows. Returning to the upside Bitcoin is tracking within a small parallel and cannot be bought again from here unless it is broken above - and only then for a spurt back to the bigger dynamic waiting above it at around the 8079 level. As things currently stand this level is the key to the upside for Bitcoin over the more medium term. It has to break and hold above here for the bulls to regain any real control. Once again, even if that looks unlikely right now, we still have to be prepared for any eventuality. It's Bitcoin, after all.
BITFINEX:BTCUSD
by sumastardon