... das ABC vom letztem Beitrag wollte er auch nicht machen und somit lag ich mal wieder falsch. Passiert.

Short Term and Longer Term Target hit (+8-12% depending on FVG or OB followed by up to +17% for run down to the stops.

Part Selling - SL Break even 

I attach an image as an example.

Hello, Skyrexians!

In today’s article, we’ll explore one of the most powerful yet often overlooked tools in cryptocurrency trading: fractals. While top crypto traders tend to use fractal levels to identify support and resistance points for trading bounces and breakouts, there’s a more effective way to harness this tool. Hint: the true power lies in breakout trading, not just in support and resistance. In fact, many traders even incorporate fractals into their algorithmic trading bots. We recall using fractals to identify support and resistance when we built our first automated crypto trading bot—and unsurprisingly, it wasn’t among the most successful strategies.

Aufgrund der drei Hochs besteht die Möglichkeit eines neuen Intra Musters. übergeordnet ist weiterhin das Gelbe Muster relevant. Die mögliche Korrektur über das graue Wolfsmaul könnte den Rücklauf 13er gelb bedienen. 

Hello, Skyrexians!You've probably heard of the Alligator indicator, a tool used by top cryptocurrency traders. This powerful instrument can enhance the performance of any cryptocurrency trading strategy and help you capitalize on market opportunities. The Alligator gives us precise insights into whether the price is currently in an impulsive or corrective wave. This knowledge is incredibly useful when building your own crypto trading strategies or even when developing automated trading bot strategies. Even if you employ a grid bot strategy, the Alligator can boost your return on investment because it's vital to set up a grid bot during corrective waves and sideways movements. So, what exactly is this beast called the Alligator? Let's dive deep into this topic today!

Take Profit Hit Short Term + FVG Longer Term Hit 

Hello, Skyrexians!

NFLX-NASDAQ Chart Snapshot by mustermann84: 17 Oct 2024 (takeprofit.com)

In short, the S&P 500 continues to move higher and the next target is the 6,000 mark. There will probably be a pause at this level, and if it continues like this, this year will be the best since 2000. It is interesting to note that the Nasdaq 100 is in neutral territory in terms of relative strength against the S&P 500, while the Russell 2000 is actually slightly weaker in this statistic.Of course, there are a number of warning signs that this bull market is overbought. It is worth noting that insider buying has fallen to its lowest level since Covid. In the US fund manager survey, the bears are at an all-time low and the investment ratio of small speculators in the US has never been so bullish since 1988.In normal market phases and without the strong months of a US election year, I would not wait for my stops to take effect, but realize profits. Why am I not doing this? The charts continue to show an upward trend and corrections are at most back to the level of the 21- or 50-day moving average. In short: healthy charts! Next week is the start of the reporting season, and if a correction - the alternative scenario - occurs, that would be very healthy.Nevertheless, I expect a volatile but direct continuation of the upward movement. In this investment cycle, where there are more and more equity experts and advisors, any pre-emptive risk management is detrimental to performance. Enthusiasm for the stock market is increasingly driven by greed - with the MSCI World up more than 15%. The focus is no longer on the “Magnificent 7”, but on strong individual stocks from sectors that are benefiting from renewed interest rate cuts and rising debt - this applies to many sectors. The magic word will be “government support programs for infrastructure investments”.The phase in which institutional investors are repeatedly (rightly) skeptical, while the “small speculators” are increasingly right, is the phase of the “milkmaid bull market”. I am curious to see whether my assessment of the cycle is correct, as it was in 1998-2000. It would be a good time and could last quite a long time.Despite my bullish scenario, I hedge my profits relatively tightly and continuously and focus on individual stock setups, because greed and fear are the worst advisors on the stock market.