Relative Strength We pointed out over the last few weekly chartbooks that "no position" is a good one to have in choppy sideways markets. Nevertheless, there are opportunities in the markets and if they present themselves one needs to act swiftly. [...]
Just as Planned Last week's chartbook (advising a pullback as the highest probability setup) occurred as planned. Markets retraced sharply on April, 11th. The reversal signal also manifested with a candlestick "hammer" (bullish reversal) formation the following day (April 12th). Just [...]
One step up Two weeks ago we advised not to be tempted to go long with $15 as a large number support. That was good advise, since we now broke that support, without much advancements in between. Last week we [...]
Pullback Opportunity? Shortly after our last weekly chartbook's warning not to short the weekly resistance zone, we had the breakout into the weekly gap suction above $4,200 BTC/USDT. If you didn't catch the initial thrust move, there is still pullback [...]
When in doubt, stay out ! The advice given in our last chartbook publication was spot on. Not trading Silver last week saved you money for sure. "When in doubt, stay out" is one of the very few intuitive responses [...]
Measuring Strength When do moves get faded? Is a move valid? Are retracements to be expected? Can I still wait for an entry? How far will this retracement go? These are typical questions market participants constantly ask themselves. But what are [...]
Only the best Overtrading is one of the biggest loosing propositions of a trading system. Are you participating too often, rather than conditioning patience? Putting your money only into the best opportunities is the key. Excellent confluence of trading supportive [...]
Quiet and steady Bitcoin (Bitcoin/TetherUS) has advanced from 3,349 (truly 3,156) to 4,198 USDT (currently to 3,985 USDT at the time of composing this article). That's a 33 percent increase. Nevertheless since prices advanced in an up-creep fashion, quiet and [...]
The best of all worlds We had a reload entry mid week to add to our positions from last week´s chart book. This propels our exposure to Silver to a scenario easily defined as the "The best of all worlds". [...]
Phase 3 Timing of entries is very important to allow for less risk in regards to stop size. It is in "Phase 3" (= the end segment) of bottom or top building markets, where one can find the highest density [...]
