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Tag: Strategy

My TIMM Trading Pit Commentary – Wk Of 4/1/19

April 6, 2019 Published by

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

The Russell 2000 futures daily supply finally got breached after holding several times.

Didn’t take trade, we had demand form on the 2 min chart right before the zone.

A beautiful 30 yr

My TIMM Trading Pit Commentary – Wk Of 4/1/19

April 6, 2019 Published by

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

The Russell 2000 futures daily supply finally got breached after holding several times.

Didn’t take trade, we had demand form on the 2 min chart right before the zone.

A beautiful 30 yr

BITCOIN: Next steps…

April 4, 2019 Published by

Excellent decision the one I took yesterday placing my STOP LOSS at 5100 USD.

I thought that due to the consistent increase on volume, BITCOIN may go higher and eventually rise till the 2.618 FIBO level which is very common in Crypto as  a form of extended third wave but whales got satisfied just by reaching a little bit higher than the 1.618 FIBO which I placed around 5180 USD.

So, I managed to get a good bunch of dollars with this strategy so I am satisfied for the moment.

Now, that top has become our new resistance level but still our Elliot

BITCOIN: Let it flow

April 3, 2019 Published by

Ahhhhh! How I love this market!!! So emotional and intensive!

Just a three days ago I posted a projection of the total market cap that has become reality right now, we have reached 184 Billion USD. And this is the chart I posted:

Seems that a very big order was placed to buy
BITCOIN just at the Neck level and after the spontaneous long candle,
the rise is kept sufficiently strong to accomplish the target here…

What to do now? Should I sell some profits, should I do nothing? should I buy more?

Whatever the answer now is an “unknown” but I am going

BITCOIN: “Don’t say “wheat” until it is in the bag and well tied”

April 2, 2019 Published by

…or as we say in Catalan Language: “no diguis blat fins que no sigui tot al sac i ben lligat” which means that despite the extraordinary rise of BITCOIN today, which as I wrote yesterday as a first option to happen in this post , we still cannot say the reversal is confirmed yet.

This is the chart I presented as an option 1 yesterday:

And this is how it looks today:

That long daily candle has crossed the 200
DMA and almost has reached the 1.618 FIBO level of the fist wave for the
end of the 2nd wave, which it is

BITCOIN: at least two positive options…

April 1, 2019 Published by

Again we are in another decisive moment,  BITCOIN is reaching the latest High around 4200 USD.

Everyone
is focused on this level since it represents the expected moment to
tackle with in order to know if the market is under the power of BULLS
or still under the domination of the BEARS.

Two options
can be predicted as more likely among others, one for each one of the
“fighters” however, what I see here is, anyway, a Positive reading of
the market today.

1st Option, for longs:

After having touched the bottom, BITCOIN has completed 2 Waves and is building the 3rd up:

On this

Three Things Most People Don’t Look at When Buying a Property

March 30, 2019 Published by

We are all probably to used to watching HGTV and getting sucked into the cosmetics and appearance of a property.  In reality, it is the things you don’t see on the surface, usually the mechanics of a property that are vital when buying.
Three Things Most People Don’t Look at When Buying a Property
1.) Look under the damn sink!
We love to look at the kitchen countertops and the cool farmhouse sink, but how often to you open up the doors beneath and take a look at the pipes and condition of the cabinet?
Any signs of leaks?  How about past water damage?  Furthermore,

My TIMM Trading Pit Commentary – Wk Of 3/25/19

March 30, 2019 Published by

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

Bond trade working out so far…will close position at end of the day whether or not target is hit, don’t like holding futures positions over the weekend.

Shorted the 10 yr note as it started

LITECOIN: Pull back expected and Next Halving

March 29, 2019 Published by

Litecoin has had an amazing rise lately, however there are signs of Bulls exhaustion these days.

By
one side, LITECOIN seems to have completed the 5 waves rise in a very
consistent manner, by the other, Volume has decreased dramatically with
each Higher high, which is again a sign of exhaustion.

Also, as I said a few days ago, the “relative Strength Index” shows a clear downtrend.

Both, volume and RSI seem to indicate a clear “Bearish Divergence” here, so, why not taking advantage of this situation?

Looking for a good entry point I would choose 0.618 FIBO retracement Level as the more likely

Auto Draft

March 28, 2019 Published by

While watching the situation of the Crypto Market, from time to time is good to deviate the focus of observation from the crypto King (BITCOIN), despite I still agree with the fact that the whole market is affected somehow by the steps of Satoshi’s creature.

That’s why, in order to get a better view, I used to check the evolution of the Total Crypto Market cap.

Below you can see the Weekly Chart, which is very similar to the BITCOIN’s chart but with some differences:

In this chart you can notice how, after having passed a long recession and having touched the Ground

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