Nice quick trade soon scalping the Dow futures (YM). Wish they were all like that!
Category: Updates
Scalp Trading Dax Indices
A late Dax trade today, very choppy by the time I arrived. Managed to scalp +10
Scalp Trading Dow Futures +15
Things not good with the stop setup today. If I had set the take profit to +10 on a choppy day like this it would have been a decent day. Ended up with +15 @ 5 trades.
Scalp Trading Dow Futures +27
Been travelling all last week so no updates. Back to it today, scalp trading the Dow futures (also known as the YM). As on the previous trade the stop is set to +2 after 10, so the first trade stopped out at +2.
Scalping Dow Futures +27
After a later than planned lunch, there were a couple of trades on the Dow Futures (YM). On these trades, the stop is set to +2 after 10. For some reason I got +4 before price came back & stopped me out.
Scalping Dax +20
Came late to the Dax this morning, nice to experience such a strong blast off.
Trader Update 1st November 2022
Bitcoin BTCUSD A potentially positive pattern forming with clear moves up from the c wave. We are currently looking for confirmation of an a/b or c, which would then suggest a decent thrust up. Using Fibonacci, 19936 is the first level to watch. Ethereum ETUSD A very similar situation on this chart. Looking positive with… Continue reading Trader Update 1st November 2022
Trader Update 25th October 2022
Bitcoin BTCUSD Dithering and nothing happening. Odds of it being successful are reduced. A much sharper move taking out the high would improve the likelihood of success, true 3rd wave stuff. Ethereum ETUSD Looking more promising than the Bitcoin Chart, but only slightly. Looking like a possible 4th wave. Gold Pretty much unchanged. Could be… Continue reading Trader Update 25th October 2022
Trader Update 17th June 2021
Bitcoin Analysis 30996 There are 5 waves up in an ABC formation. Having seen this a week ago, maybe less I said that we should be worried about the level around 41318 where a C wave would equal A. So if where I indicated an ABC at 0:44 in the video. This would mean (what… Continue reading Trader Update 17th June 2021
Trading Update 3rd June 2021
Bitcoin BTCUSD Looks like we have a triangle on Bitcoin, and we could have a breakout on the upper trend line which is encouraging to an extent. However, there is more resistance ahead. There is a peak around 42990, but there is a possible impulsive pattern forming. I explain the the wave count at 1.12… Continue reading Trading Update 3rd June 2021