technicaltrader

great move in precious metals and miners as well. next leg up on those trades underway

Thanks! Had a few other things on away from markets so needed to find some time.

Nice to see the fundamentals aligning with the short side!

I'm looking more to mange risk on the short side than trade long. Can't find too many compelling long trades right now. Also not sure how far any bounce may take us although bear market rallies have a

Please do. I don't day trade but always happy to see interesting ideas.

Bearish divergence there as well. Present on a lot of charts right now.

Lots of trend lines broken. These risk indicators all suggest further downside to come in my opinion. Lots of bearish charts out there globally.

Totally agree with this! Have a look at this wedge. Tried to break up but may well fail yet. If it does, gives a pretty bearish outlook.

I was trying to trade it the other way recently!! Risk attitude has shifted significantly since then! Risk does look to the downside. Can move quickly if/when it goes as well.

I'm following the precious metals and the mining stocks closely right now from a technical perspective. Have a look here, here and here if you're interested. The relationshp between Gold and the S&P500

I don't think price has move far enough above the downtrend to be called a breakout just yet. Especially in light of the selling pressure it met. Looks to me that the buy stops got crushed and there was

setting up nicely still

I'd agree but within a larger downtrend channel. Given the pennant reversal at the top of the channel I think reward/risk is favourable for a short.

Agree, starting to look that way. The gold/silver ratio looks to have turned. Wrote about it here last week. Will be some opportunities in the miners, posted about a couple already but there should be

I think you could wait a couple more sessions for confirmation. I'm looking for an inverse head and shoulder confirmation before jumping in. Check out my post on it here. I've written a few things on the

I still think it's too early to call BTC a breakout. The buy stops got crushed, it was met with significant selling. I think we need a stronger showing before getting long. I wrote about my concerns here

There are a lot of support levels in the US that need to be broken before we can call for significant downside let alone a crash. Besides, any significant market decline doesn't occur overnight and there

thanks!

I'd would say that it's important that each and every coin is exchangeable in to another. Any coin that wasn't fully fungible would have far less value than one that does.

Trading can provide fincnancial security and therefore freedom when you’re successful. It’s a long hard road, but worth the journey. keep at it 👍