- Search Crypto Craft
- 415 Results
- BinChenUt replied Oct 16, 2018
Hi Michael, Thanks for your message. It is indeed very rare to trade solely from PnF charts. But I intended to develop this as my niche, therefore i have invested a lot of time to set the PnF charts up for different time frames so that they supply ...
- BinChenUt replied Oct 1, 2018
Early bird! This is how a pro starts a trading week! Bravo.
- BinChenUt replied Sep 25, 2018
Break out or break down. Decision time in DAX.
- BinChenUt replied Aug 2, 2018
What a beautiful price action today. I thought we would be bottomed out at 80, it has made another dip into 50 level. Since then, it has built a 30 min long base at the 50 support where strong buyer has showed up.
- BinChenUt replied Aug 1, 2018
Taken profit and done for the day.
- BinChenUt replied Aug 1, 2018
Haha, Bingo! Thank you bears! Thanks a lot for your short orders and above all thanks for your stops!
- BinChenUt replied Aug 1, 2018
Shorts are trapped. It is the beginning of bullish rotation and the game of running the stops of the bears is on. Trading DAX has become more and more like play GO.
- BinChenUt replied Aug 1, 2018
Market maker absorption and start to hit market.
- BinChenUt replied Aug 1, 2018
In DAX you should never under estimate the intention and determination of the market maker's running stops. In this case, the market maker has the double bottom at 12775 formed during yesterday's NY session in his cross hair.
- BinChenUt replied Aug 1, 2018
Yesterday's profile looks balanced and thoroughly auctioned from both directions. Technically, it does not suggest any directional bias by its shape alone. But if you put that action into the context, you would see that the sign of bullishness is ...
- BinChenUt replied Jul 24, 2018
After the big liquidation break on last Friday, we had a balanced day yesterday where strong buyer showed up defending the key 12480 level multiple times. This strong buyer has raised his bid subsequently to 12520 after the NY open. At this moment, ...
- BinChenUt replied Jul 20, 2018
The key point is to understand where are we trading at this moment. If you take a look at the cac40, which has a much clearer structure than that of DAX, you can see that it has been trading a range between 5348 and 5436 for two weeks now. The both ...
- BinChenUt replied Jul 20, 2018
Yes, this is the long liquidation that I am talking about. This is showing me that DAX still mean business. It has taken out the consolidation zone built earlier part of the week easily in one go. This is the strong move I want to see from the ...
- BinChenUt replied Jul 20, 2018
Aussie is also a greatly manipulated instrument. Too bad that most of the volatility are in the Europe midnight session. Here is a strong move taken by the market maker. See if you can identify yourself without looking at the explanation below. The ...
- BinChenUt replied Jul 20, 2018
DAX is attempting to break this mini-down trend. It looks promising now as strong buyer showed up at 12630.
- BinChenUt replied Jul 20, 2018
Yesterday I was anticipating a flush to the 12650 and was quite disappointed by the pathetic London range. The 12650 was tested and held to the tick during NY session, but I wasn't trading DAX at that time. The bounce from 650 to 690 is some what ...
- BinChenUt replied Jul 20, 2018
Yesterday DXY has formed a massive engulf bar with a long wicks to the top, which means those who got excited on taking a long in the dollar in anticipation of the breakout are all trapped. It is interesting to hear the pundit in yesterday's FT hard ...
- BinChenUt replied Jul 19, 2018
Battling confirmation bias This morning I have come to the market with a bias that the market is likely to flush below 700 to wash out the weak longs. Therefore I was viewing the tape action with this colored bias that I was only seeing selling ...
- BinChenUt replied Jul 19, 2018
It is completely an algo dominated market today. It is unplayable. The absorption at the low took less than 11 seconds and immediately pops up. Can't get anything filled. The algo is rescuing his bad position that is why it is rotation between ...
- BinChenUt replied Jul 19, 2018
Massive selling pressure being absorbed. This buyer is quite strong, but on the impatient side, to my opinion. I think he had quite substantial position at 12750 consolidation zone.