{quote} Looks like we have number now. 1.5 billion in 2 hours. Record high. When capital inflows are peaking record highs thats usually a sign of healthy bullish market, when capital outflows are reaching record highs thats a market with a downhill run on the go. Bullish example: crypto Bearish example: Russia
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A typical behaviour of hot momentum asset, especially cryptos is huge impulsive moves and then continuous baking of continuation setups. Focus is on m5 and higher only due to commission costs on most exchanges / brokers. There are literally thousands of such setups being printed in previous year 2017 across 150 crypto assets, and this will repeat again. General rule is if market has parabolic or huge impulsive leg but that leg is not crashing quickly back down then chances are that there is a lot of demand comming in and price will likely go further up.
Bottom rotation trading is mainly focused on structures that follow one or few of those concepts:
-liquidation (soft or strong)
-clearout (on lows and stop loses)
-symmetrical supply/ resistance buildup with multiple rejections
-condensed supply zone of slow droping down trend ensuring large condensed short postions
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I discovered your thread just now. Indeed, these are excellent patterns to exploit. FWIW I posted some similar observations (with explanations) here (https://www.forexfactory.com/showthread.php?p=10213643#post10213643).
{quote} yeah, i was painful to watch BE hit after substantial profits... howeve i reentered again on the upper positions and took profit on them. Just left the initial one open because of macro setup. Who knows maybe i can get 25Rs on it alone {image}
{quote} I discovered your thread just now. Indeed, these are excellent patterns to exploit. FWIW I posted some similar observations (with explanations) here (https://www.forexfactory.com/showthread.php?p=10213643#post10213643).
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Cool some nice reads there, in case if you are interested to participate in signal sharing room in future stick around the thread.
{quote} And here we go for flagship play of the day as noted earlier LEDS crash. 7,54 buyer flushed out, price later on retesting that area of liquidity gap and rejecting it, and then crashing. Sold full position in Tradezero will seek for further shorts on fund, watchlisting it for next days on potential short plays on downside. {image}
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LEDS without surprises there full correction of up move. Liquidated short position in Tradezero or the tiny chunks that were left on table.
FTFT short squeeze, added on watchlist for short play. Has got consistent history of short squeezes. Large move on no news, just a likely liquidation event should fully correct to the downside.
FTFT short squeeze, added on watchlist for short play. Has got consistent history of short squeezes. Large move on no news, just a likely liquidation event should fully correct to the downside.
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Sold some profits and the rest break even. Interestingly enough some buyers showed up, didnt expect that.
(binned per thread starter's request) Market bottom rotation trad
