Peter Brandt

Peter Brandt


Trader of classical charting principles since 1980. Author, #1 Amazon trading book Diary of a Professional Commodity Trader. Publisher of weekly Factor Service

319583 followers  •  529 follow  •    •   https://t.co/KzSFiH45dx

Weekly #Crypto  report for #bitcoin  Live members was published to the website. Link to Report > (Admin Posted)

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@itsSDJ  All upside targets have been met. No tradeable chart patterns can be seen. Nifty is flat-lining with India's stagflation -- up 12% since Jan 2018. https:/

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Can you imagine how much taxpayer funding the lib lefties and United Nuts will want to reverse sun spotties?

Many thanks to Financial Wisdom@Edge_investor  for this wonderful animated video of my 2011 book, "Diary of a Professional Commodity Trader." Great job Gareth. I highly recommend his YouTube site for videos of other books

A Premium #Factormembers  post was issued "Factor Update, January 18, 2020". Please see here for more details.

Do ppl understand that long U.S. equities is a short U.S. Dollar proxy?

Actually, this is very true. Key price levels are always the place to make a mean revert bet.

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Bitcoin takes aim at $100,000 target. $btcusd is experiencing its fourth parabolic phase dating back to 2010. No other market in my 45 years of trading has gone parabolic on a log chart in this manner. Bitcoin is a market like no other.

Either from Dec '18 low or from retest of same (circa analog dbl bottom in 2015) it would not surprise me if $BTC enters a new parabolic phase. $btcusd

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Millennials embrace $BTC et al, in part, as reaction to $217 Tril of global debt and massive wealth inequality forced upon them by Gen X and B-Boomer parents and grandparents. Cryptos are statement: "There must be a better way"

The last time Factor's benchmark weekly MA was in the current profile of turning from down to up was in Nov 2015 just as $BTC began its move from $340 to $19,800.

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People ask me why I trade Bitcoin $BTC Ask no more! In my 45-year trading career there has never been another market like Bitcoin.

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Wow!!! $BTC challenging upper resistance line of parabolic advance. This is biggest bull market of my 43 years of as a trader.

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Possibility that $BTC has entered fourth parabolic phase

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Blowing through resistance on a log graph -- in 42 years of trading I have NEVER seen anything like this. $BTC $btcusd #Bitcoin  Pay attention folks, you may never see something like this again.

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$BTC is entering the stage of its life cycle when stale and weak money capitulates and strong hands accumulate strategically

Bitcoin $BTC has apparently held at important support

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