On 22 June 2023, I wrote my first Bitcoin prediction article to Trading Tips.At that time, the price broke above and out of a Falling Wedge (shaded pattern).I said it was the start of the next bull market in Bitcoin.And what a rally it has been.In fact, the price has risen to over $35,000 and is close to my target of $36,289.Now Bitcoin has surged over 14% in the last week. And it’s made its highest price point since May 2022.But I believe the rally has only just begun!In this article I’m going to explain why I expect the rally to continue to $46,200 and how we can profit from the rise.Read More
“Timon, do you have any risk or money management rules you take, during this capitulation (consolidation) stage?I want to continue trading during the Twilight Zone, but I want to be more cautious with my trading.Read More
The most difficult trading conditions I’ve witnessed in a long time – And how to prosper through it!
If you’ve been trading the JSE stocks for the last year, you’ll most likely agree with me, it has been darn difficult.You buy and go long, and you get stopped out.You go short and sell, and your stop loss hits.You’re most likely feel like giving it up.And you’re not alone.Let’s delve into what’s been happening and what we can do to improve our chances of trading success.Read More
Have you wondered why the gold market has been so sluggish lately? And by lately, I mean since August 2020. In fact, we have seen the precious metal move in a tight range between a high of $2,080 down to low of $1,626. That’s it. For three long years, it’s been moving in a range of 454 dollars.Read More
Q. ”Timon, I feel like you have to be your own therapist when trading. My issue isn’t executing a trade, but rather knowing if I should take the trade or not? Do you have some tips or guidelines that you use before you take a trade? I need this to be easier for me.”Read More
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