Swings and scalps

Sell where the arrow is. A retrace from to the 100 before continuation, the first fib exhausted.

Target 423.6

The BTC position isn't big enough for a hedge, so my bitcoin account is dropping $15 or so at this point. Gold and SP500 are still correlating. I expect SP500 to continue to the previous low, a tripple bottom, or it goes up from this and it was just a small retrace today. If it continues down, my gold position should go up, perhaps to new highs. I still have to figure out how to hold bitcoin cash without it dropping in value all of a sudden.

Straddling sell entries. Not increasing size quite yet but this pair should be good. Based on past entries it shows finding a good pair among the many is what leads to a large win. There are usually one or 2 of these in the market. I have been focusing on metals due to the economy, looking for really good setups on the weekly for forex. Swinging is a lot easier than scalping so I am going to practice holding positions as long as possible. I can't add to this position with Oanda because I want to take the money out but am waiting for some more margin to build. Tradersway is so much better here but you can't trade micro positions.

I am still loosing on bitcoin due to not a good enough hedge.

S&P500 is it going to break the lows or bounce? I may jump in on it this time.

Gold at an average point in the momentum. Volatility picking up soon. 23 min to the bell.

Stopped. One trade per day with this one.

Done daytrading, sideways market. Longer term perspective I should have probably held that SP500 contract. Paid commissions likely for nothing, but I don't want drawdown. Careful balance. I don't like to be in if there is no momentum when it is the morning hours.

I want to journal the momentum stock trades in the morning too, I have to find a better way to journal. Many people just record their screens live and then playback or have a summary at the end. Keeping statistics helps. More organization.

Not forex but an interesting fib study nonetheless. Since this company went public, measuring the first spike, and you get some remarkable fib fulfillment, almost. If I re-draw the spiral different by just a few cents it changes significantly, but this is close.

The question is out how the larger extensions affect price. There was remarkable accuracy to the 423.6 but as chaos theory says, it gets harder to prognosticate the further away you go because of not being exact with the original movement. Like the fib looses it's trustworthiness at a certain point. Close, but not quite there on the largest extension. The second to largest after a re-test of that 423.6 it went to the next level. It's not a small enough candle chart to see what happened at that level because it blasted through it.

This is just the first spike ever measurement, then there is the fibs within the fibs, the complicated part.

Bill Williams calls this first move that starts the spiral a "decision".

After many tries finally the top. I'll add to it in my other accounts. I'm just basically going to transfer the fundage here offshore and get 1000:1 leverage instead of ridiculous margin here in the states.

Funny how it was actually the previous top. Almost exact. Should have orders ready on levels like that, large ones.

On a philosophical note it seems that cycles pertain to the rules too, like the laws clinching down here in the US. I can't place a trade of the same size rule for example. What? No hotkeys? More complicated algorithms. USA was a place to escape from the clinchdown in Europe with royalty overstepping their bounds and huge class separation. The same is happening all over again after a short few hundred years. We didn't learn. Where to escape to next? Space X? Likely space will have even more rules until you can completely automate all work by droids then you could just go to the edge of infinity and have the freedom of a robotic economy, another Adam and Eve, or maybe just clones. Freedom at last.

Set target to 1575 also looking to short this area confluence of the current move's 423.6 and the large retrace fib 61.8

Weekly swing entry for EUR/USD.

Almost to the pip fulfillment. Really clean. This is what I look for. Likely trend reversal now with the 423.6 exhausted. Still holding resistance, waiting for a pullback from current highs.

Pretty good test of this trendline see if it holds.

Trying to get in at the bottom of this range.