If you think like me about the Cryptos, then this is the level to fill the pockets even more. To me this is not just a simple trade, but a campaign to accumulate at valuable levels.
With the market at balance at the Centerline I start my position to go long.
Two opposing forces:
1) the blue Pitchfork , which shows how price swings to the south and where the extremes and balance levels are.
2) the up-sloping A/R Channel, which does the same as the blue Pitchfork , just in another context to the upside.
As for targets, there are
a) the U-MLH of the blue Fork
b) the Centerline of the A/R Channel
c) trailing behind Structure
This was an official Scalp-Chart analysis I made a couple days ago, so everybody can follow it live and profit from it.
The first Chart gives you the idea how I saw price moving, and where the profit should be taken (80% Chance for profit).
The second chart shows you the actual price of the EUR/CHF pair.
It's just a couple ticks before the projected price target.
This is just one example how my chart analysis method works. No, not every time. But with 80% probability I would say, we are very efficient applying our money to the markets.
If you want to know more about this chart analysis method and how I even use Options-Strategies to put some meat to the bone, then register here for free.
We reached the Profit-Target after the last post.
Now we are on the way to buy more at certain levels, see chart below.
If you are not a Free Member yet, then register here to get more information by E-Mail and SOM-Channels.
On 16.07.18 I posted this trade Idea in our members section:
Today 19.07.2018 we where able to close the trade for a nice profit.
This was a typical high probability trade with chances for profit of over 80%.
If you had the same position on like me, then you banked around $300 per contract on this trade.
And just 1 contract payed for the quarterly membership and plus...
...on to the next.
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