Victors Newsletter #1

In this Newsletter, I'll drop my opinion on trending tickers in stocks, crypto, forex, commodities, indices etc, give updates on past ideas and analysis and try to explain my strategy behind my trading style. Let's go!

If you're interested in a specific ticker, just let me know. I'll try and cover them in the following edition. 

Latest Trading Updates

As mentioned in my Avax Idea, we've dipped below the Sellside Liquidity and reached the 50% level of the wick, which signaled a long. Up to the 50% level of that FVG, that is around 23% within 5 days. Would have been 27% if you traded into the Daily FVG above it.

Crypto

Dogecoin

Dogecoin already reached Targets 1 and 2 of the Fibonacci Levels, but was still likely to go further up. My next targets were the FVGs/Rebounds, the Liquidity Pool and the FVG/Rebound 1.618 above that. 

As you can see the low, slightly above the 50% level from the Doge 1 Picture, there was a liquidity pool below it which was run to on May 20th. Almost immediately after it pierced through the other 2 liquidity pools which you can see at 0.157 and 0.16, running straight to the 127 Rebound coupled with SIBI 1 and finally to SIBI 2 coupled with 161 Rebound both marked in red.

Bitcoin

In the h4 chart, you can clearly see the Big Zig Zag.

By the way, if you followed my Bitcoin Analysis which I outlined just before the Bitcoin Halving, you knew why the last low of the Zig Zag was a likely point for price to run down to. See below for a little peak.

Let's switch to the m15

Here you can see another ZigZag, which had its Rebound at the FVG outlined on the chart. When price reached the Rebound, it also triggered some Stops, resting below the equal lows. 

Now this next ZigZag has already run to Target 1 and almost Target 2 where it will run to next as you can see in the next picture.

After reaching for Target 2 and the FVG at the same level, price broke down and wend back to the FVG, which is always a nice level to keep in mind, especially in a range bound environment.

Stocks

Also, a little update on my Salesforce analysis:

We went back up into the FVG as described in the idea. The recent price action is something a retailer would describe as a bullflag, which would indicate a move as big as the flag pole, but I don't really do those kinds of pattern, especially when they interfere with my main strategies. 

Update: As you may notice in the chart below, the bullflag didn't pan out for the retailers. Instances like this reinforce my strong belief to not pay too much attention to what the crowd is doing and just focus on the strategies that have proven to work out quite well for me.