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victordwagner
Harmonic & Smart Money Trader focused on DAX, SP500, Nasdaq & Crypto
Victor Wagner 18 Apr 2023 Udon Thani, Thailand https://www.mustermannstraderclub.de

Candlestick Pattern Collection Thread

I would like to explain the whole thing using a classic example in the DAX, but it can also be applied to crypto, commodities and forex. A little later in the article, we will explain the most common candles and what you can do with them. The classic DAX has a daily trading time of 9 am to 5:30 pm, which means that the daily candle starts at 9 am and ends at 5:30 pm. As you will see in the article, it is possible to interpret possible price movements based on the different appearances of the closed candle. Beginners in particular are often unaware that there is both pre-market and post-market trading. Advanced traders, on the other hand, often do not know that the candle image can also depend on the broker's server time (time zone) if they themselves trade from a different time zone. Trading interruptions, as in the Nikkei225, can also distort the chart.

Candlestick Pattern Collection Threadimage
Candlestick Pattern Collection Thread

Victors Trading Blog 10.06.2024

What's up guys! Following up with Bitcoin today! We've ditched into the "resistance level" at around $72k multiple times now. To be honest, I don't like "support/resistance level", I always associate them with retail trading, which isn't really my style since I use other parameters to define my bias/levels/patterns etc. 

Victors Trading Blog 10.06.2024image
Victors Trading Blog 10.06.2024

Boyd Gaming Corporation Analysis

Today I decided to do a tricky analysis. Why is this analysis/stock a tricky one, you may ask? It's very simple, I deem a drop in almost all the major indices as very likely and I don't like trading against the trend. Of course there are always exceptions to the rule, but historically speaking, in times of economic decline the vast majority of all stocks drop in price.

Boyd Gaming Corporation Analysisimage
Boyd Gaming Corporation Analysis

Broadcom Inc. Analysis

Let me be honest: When analyzing a companies stock, I don't care what a company does, if they provide services, are a manufacturing company, or something else, I don't look at the financials or the team the company is run by. I only care about the chart and whether I see patterns in accordance with other technical stuff I look for on a chart.

Broadcom Inc. Analysisimage
Broadcom Inc. Analysis

Victors Trading Blog - Extended Version (05.06.2024)

If you followed my last stock trading idea, you'll know that I mentioned higher prices on Broadcast.com. As of today, we reached the second Gap I mentioned in the post, and it seems like the stock will continue expanding to the upside. In cases like this, it depends on whether price closes in or outside a Gap/pricelevel. I'll go into detail in a later educational post, just know this: If it closes outside that Gap, it's likely to expand further to the upside, if not, lower prices can be expected.

Victors Trading Blog  - Extended Version (05.06.2024)image
Victors Trading Blog - Extended Version (05.06.2024)

Victors Trading Blog #6

Let's start with the last stock analysis I posted on TakeProfit, Salesforce. This trade resulted in a 26.56% drop or $76.67 move per share at the lowpoint. As outlined beforehand, we were expecting lower prices in Salesforce with an ideal entry, as almost always, at the 50% level. 

Victors Trading Blog #6image
Victors Trading Blog #6

Victors Trading Blog #5

Following up with the trade and chart drawings from yesterday, we can see that we did in fact go above the BSL outlines in yesterday's edition, which would be a move of $1059 or 1.6% within 12 hours per Bitcoin. 

Victors Trading Blog #5image
Victors Trading Blog #5

Victors Trading Blog #4

Once again, we are looking at the Bitcoin chart. Let's first examine the 15 min chart to get a better understanding of overall market direction. First, you must understand that if you enter via higher Timeframe bias, your RR is massively improved as you can find entries in the lower time frame but Take Profits at the higher Timeframe Targets. 

Victors Trading Blog #4image
Victors Trading Blog #4