/biz/ - Business & Finance

If you sit back and stay on the macro levels, this will be a very profitable year for you. Remember, at key pivots price volatility will be high due to the large amount of conflicting macro level orderflow. This pivot will be heavily defended by both sides, above and below the weekly 50 MA. So if there are large positions with stops deep on either side of the weekly 50 MA, we are liable to get a LARGE confirmation candle once the direction is decided. Large positions will be iceberged into (and out of, for the losing side.) This is similar to trying to stuff a watermelon into the muffler of a car before the car has a chance to leave the parking lot. If the car leaves early for whatever reason, things will get very messy as whales try to shove the entire watermelon in all at once, which is why I'm predicting the large confirmation candle.

I'm predicting after the initial rejection here, we'll see the slow trickle down back to the weekly 200 (for all you Wyckoff fans we can identify this trickle as the creek in phase B of accumulation, and this test of the weekly 50 as the UTAD.)

This is a safe position. If I stop out of this position I'll have lost a small percentage of a fraction of my portfolio. If this position lands I might treat myself to a small vacation.

NEVER average deeper into a losing position. This is one of the worst mistakes you can make. If you stop is hit on this trade (or any trade,) exit the entire position.

Here's a link of the trading resources I've gathered (and made)

They vary in difficulty for beginners and "experts" alike.
https://docs.google.com/document/d/1_Gf8fxYBktU3g4iiiIXV3EWDi1HodzjS67z8gbCQfpo/edit?usp=sharing

>>13409745
Pee pee in my poo poo

this is literally the best short in human history.

>>13409745
>>13409750
>>13409758
the best short was at 20K
please neck yourself

>>13409758
This is not a bad short. Though I'm much more interested in taking leveraged longs when we dip down to the set target.

>>13409745
Holy shit TA fags are dumb as fuck. Keep your retarded boomer babble to yourself you drooling simpleton.

>>13409772
https://www.tradingview.com/chart/BTCUSD/6SIl2X3f-The-Holy-Grail-of-Trading-Advanced-Volatility-Theory/
give it a quick read boyo. There's actually some pretty good reasoning behind what I do.

>>13409745
So where we are going to? Sold @5400 and now Im awaiting for a dip. Please be right.

>>13409783
> TA is science

>>13409745
gas the boomers generation war now

>>13409783
No. No there is not. If your bullshit worked you wouldn't be here peddling it to the dregs of humanity.

Lmao dumbfuck. I remember you telling people to short at 4100 and 4400. You really should fuck off and kill yourself.

>>13409783
Do you trade anything else besides BTC?

>>13409839
yep
https://docs.google.com/spreadsheets/d/1za4qMVl7PKaWOZb_jfev5BhroOt3KNpkDYO0vPnky4w/edit?usp=sharing
>>13409835
>I remember you telling people to short at 4100 and 4400
aye, I did. Stopped out of that position. My hit rate is only around 40-45%, it's the profit ratio that matters.

>>13409745
What leverage? 10x?

>>13409851
do you make more money from trading or from the subscriptions and indicators that you sell?

>>13409851
So if we just do the opposite of you we'll have a hit rate of 55%-60% and we can just use stop losses also?

imagine elaborate such a long dump shit that means actually nothing in this market
holy kek

>>13409851
>40% hit rate
>btc has followed the last crash pattern for 15 months straight
Which is it you insecure twink-moustache hipster-mohawk wearing faggot?

>>13410135
Yes.
>>13410042
It’s just copy pasta from my TradingView. Thought I’d share :)
>>13409806
Same
>>13409772
Ok papa
>>13409784
I hope so! A lot of good signs here, I’ve got my stop in place and feel pretty good about the UTAD. Volume matches up nicely, might have to readjust the mean reversion pivots in the morning.

>>13409783
I looked at the lines of my palm and it looks like a golden cross pattern. What are your thoughts?

>>13410201
Depends, what’s your sign?

that’s a damned fine google doc.

I need more time accumulate, s-short it please

>>13410201
Actually, I definitely have an opinion on golden crosses.

http://www.priceactionlab.com/Blog/2015/11/technical-analysis-wealth-redistribution/

This is a great article explaining why most TA is shit.

>>13409968
this guy gets it

>>13410135
>>13410256
If you did this, for every trade you lost you would need to win 4 in a row to break even, at a rate only slightly better than a coin toss.

Definitely try it.

Rest in pieces bobo

>>13410288
how much money per month do you make from your subscription services?

Praying to DadShark youre correct. I parked my whole stack in USDT at 5280 then it went straight up until 5580 last I checked. Then I saw it 5570 and it seemed like there was resistance for 5600. Cant do proper TA on phone (vacation) so ty for giving me a reason to go to sleep and not kill myself instead.

>>13409745
Shorting from 5400 Liq 5660 already down 60% about to get rekt

>>13410522
you entered the short too early.

>>13410522
Too early and too much leverage

should I short now, any chance it will bounce back to 5600??

What indicators are you using, especially that heatmap? I build automated systems, I could probably use that heatmap, or at least see if it contributes anything. Many indicators don't contribute squat lmao

>>13409772
Based.

>>13409745
>take profit around 3,800 USD
Why do they do this to themselves is it mental illness?

Lamo the bulls are in full power today. Right at long term resistance. Never change /biz

>>13410522
add to it

>>13409784

Getting nervous yet?

>>13411768
this comment won't age well.

>>13411799

With this market, anything could happen. Some whale could put another 100 million market order in and shoot upwards over 6k.

Shorting is just madness in this volatility. HODL is a shit meme in a bear market, but in a bull - it's the safest and best for your mental health

>>13410885
Can anyone answer this?

Simply epic. Are you never anon that is out to wreck me like caps lock anon did?

>>13409968
btfo

>>13409784


Dude wtf, inb4 it's a bulltrap.

What makes you think you shouldn't have sold 20k or 15k?

Inb4 bulltrap dawg

follow this guy and get rekt

>>13409745
You know it's a bull run when /biz/ starts getting hammered by top-callers with exhaustive charting and walls of texts on why we should 'Short here'.
Don't short here.

>>13412711
>Don't short here.
Are you fucking retarded? It's pumped from 3k to here in 4 months... we need a correction Ramesh... first golden cross in 2015 capitulated also. Don't make the same dumb mistakes you've been making for the past year.

Prime xbt is a good 100x leverage trading platform that you can use without a VPN and has no KYC

https://www.primexbt.com/?signup=87246

>>13409745
>btc price rises
>namefags appear out of nowhere

>>13411902
This anon knows. Trade bears, hold BTC in a bull. I bought BNB before Xmas, flipped it for BTC last week and I've now stopped trading until the normies arrive again

>>13412883
its like clock work. Just look at the timing of link threads

>>13409745
dont listen to this guy DADSHARK hes another fucking tradingview CT fucking retard thats wrong about everything. you dont open a short NOW you wait until there is some consolidation and the early impatient shorters captiulate, THEN you open your position.

truth is this guy is just another fuckin retard whos wrong more than hes right and uses absolutely retarded indicators that he thinks gives him an advantage. kys faggot

>>13412987
oh and by the way i forgot to mention -

https://sharkcharts.live/our-products

THIS GUY SELLS TRADING COURSES AND "CALLS"

TURN AROUND AND RUN FOR THE FUCKING HILLS FROM THIS PAJEET SCAMMING FAGGOT

fucking pathetic

>>13413123
>>13413098
>>13412987
I provided a doc full of free resources.

I’d read them before forming such a strong opinion :)

>>13410233
>>13413221
yeah i know because you changed your ip to praise yourself for it and forgot to change it back just now just like the fake testimonials you wrote on your shitty website YOU FUCKING PAJEET FAGGOT TAKE YOUR PAID SCAM COURSES AND SHOVE THEM UP YOUR ASS

GET THE FUCK OFF MY BOARD NIGGER

>>13409745
Stop spamming your scammy business on biz.

>>13413262
That was pretty good stuff, anon. Leading him on until he fell on his own knife.

>>13412766
>Are you fucking retarded?
I've done things...
>we need a correction
Who are these 'we' you speak of, and why do 'we' NEED the market to remain solvent before our insolvency?
>first golden cross in 2015 capitulated also
Duly noted.
>Don't make the same dumb mistakes you've been making for the past year.
Pinkie promise, I will not.
You seem on edge. Are you expecting a call?
>>13413262
HAHAHAH first round is on me, man.

>>13413262
HHAHAHAHAHAHAHHAHAHHHHHAHHHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHHSHSHSHSHAHAHA holy shit op is a fucking loser

wow what a faggot

Never post your shitty garbage here again pajeet

>>13413262
Ranjeet scam exposed once again

>>13410522
>>13409784

JUST

Thank God now maybe this retard won't post his bullshit here anymore

>>13409745
N I G G E R

Gooooood morning folks! Still tagging the 3.2 stdev, I don’t expect any new significant upward moves for the next few 4h candles. We are technically in an upward state of expansion though the volatility overhead is still looking strong as the expansion hasn’t radiated up to those values yet.

As soon as I see distributional expansion above the volatility overhead it’ll be time to exit the short. Still looks good for the time being!

Aint shorting shit until 6k.

It's still going up. faggot

>>13415032
Will we have a double bottom as in 2015?

>>13415216
That’s been my prediction for a while. Yep.

>>13415032
I think 5800 at the bare minimum is in the cards, do you agree? I think MM's will push to 6200-6300 to wreck shorts. Thanks for the post ill be tethering very soon

>>13415871
If that happens I’ll stop out and re enter on bearish confirmation. It’s a pretty safe play no matter how you look at it.