For those of you interested in longer time frame trading, the BuySellArrow indicator provided by Suthmo (yes the one who gave me the hey buddy bugger off speech) has been a spectacularly successful tool in harnessing large pip gains. The daily chart ...

EURUSD

I seem to get people annoyed, had similar reactions on forums for EURUSD, XAUUSD & XAGUSD. I will stop posting to save any others who are currently annoyed. Thanks and goodbye.

Bitcoin technical analysis

I am not sure how you see a USD1,700 rise in bitcoin over one day on 30 lots as a little profit, but then I must be surrounded by the giants of the retail sector here. I was long from USD14k ( url ), today we have surpassed USD17k. Think Markets ...

Bitcoin technical analysis

Thanks, it has been a nice end to the week, the USD1,700 gain so far today is quite something.

Bitcoin technical analysis

In the recent months there has been an inverse correlation between the peaks and troughs on XAUUSD and BTCUSD (probably because the same investors participate in both). BTCUSD just moved up USD1k in 3 hours, we might anticipate a decline in XAUUSD. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Don't worry, Bitcoin disrespects technical analysis! USD16k in the blink of an eye. Setting up for a big weekend again. I cannot find any news that seems to have moved it.

Bitcoin technical analysis

Same call, still short XAUUSD @ USD1,320; long USDJPY @ 112.50; short AUDUSD @ 0.7840 and finally short EURUSD @ 1.2065. My trade horizon is two weeks, my margin level is very high, my prescribed hedge points have not been triggered. If I turn out ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I look forward to you confirming that you have recouped the entire loss this year.

Bitcoin technical analysis

Yes, I got caught in a spread flex situation early on in my trading journey on the GBPNZD pair, where the spread widened from 23 to 200 in the middle of the London session, the result was a disaster. I expected as you mention that this only occurred ...

Bitcoin technical analysis

HockMan I also trade without stop losses, but with a broker like Pepperstone, which I joined on your advice, the option of hedging allows you to adjust your trading strategy. In cases where I say went long on BTCUSD and the trade went against me, I ...

Bitcoin technical analysis

I agree, the trade and pending trade positioning indicator offered by some brokers has not been a reliable trade mechanism. Unfortunately it is not just about the crowd being wrong, for many who cannot access true ECN brokers, spread flexing and ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

It appears most people never made any money on the Bitcoin trade. url I was convinced that there would be brokers who went to the wall since Bitcoin against all FIAT currencies was such a one way trade. Somehow the house still manages to win it ...

Bitcoin technical analysis

Nice call, maybe a touch less ego might be nice... I agree with the technical analysis by Triggerha and atom3. The strength in gold has been largely driven by USD weakness not geopolitical issues. A weaker USD was required to entice the major US ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks for opening the thread, it has been a great place to exchange ideas. We obviously have a mix of traders, investors and "anti-investors". The thread was very necessary and one thing for sure is that Bitcoin is one of the greatest financial ...

Bitcoin technical analysis

Hang in there. I opened a long at USD14k, as it pierced the EMA50 on the M30 time frame. It looks like it has some decent momentum. Spreads on the GDAX and Bitfinex are narrow too.

Bitcoin technical analysis

I have just closed out all longs at USD14,845; waiting for the consolidation phase to end, probably go long again, as you note we are above the EMA50 on all time frames. It has been a spectacular trading day for us in the Asian region, and after ...

Bitcoin technical analysis

I think that train has left the station, the media keep running the crash story, but the CME and CBOE would not have created futures contracts at great expense for a passing fad. The mechanisms being put in place are for the age old purpose of ...

Bitcoin technical analysis

I am still short, but no specific target - the USD11.6k zone looks promising as it provide some consolidation resistance around 4 December, and a support bounce on 22 December. I will just stay with the trade until the momentum runs out. If it is as ...

Bitcoin technical analysis

Nice call James0205. Almost there on GDAX; done and dusted on Bitfinex.

Bitcoin technical analysis

BTCUSD approaching USD16k on Coinbase GDAX already. Does anyone know how to trade the arbitrage gap between the GDAX and Bitfinex (besides the obvious buying on Bitfinex and selling on GDAX)? That is quite a premium per coin.

Bitcoin technical analysis