Yesterday i told you guys to watch for those "TO THE MOON BUY NOW- Technical Analysis" since many popped lately. I hope that i have helped some people stay cool since we dropped 250points since than, its really important to stay cool at all times no matter if you making or loosing money because you will make bad decisions at those times, if you have problem with this set trading rules for yourself and buy some books on Psychology in Trading and it will help you become better trader. I treat Trading like a sport, feel like a athlete competing with others. If you want to be great at something you need to put more effort than anyone else, I constantly read new books on trading strategies, many of them are outdated written during DOTcom bubble but you can still learn a lot from them.
Im here to help, brings me happiness to see those msgs about YOU guys learning, succeeding and becoming better traders. Keep them coming !! THANKS !!
first, i shorted from 6630 closed with nice profit at 6440
second, 6440 i went long (my 2 orders got filled)
i wanted to build short again between 6740 to 6790 but i didnt placed my short orders overnight and missed it :/
This is how you play those legs using just supports and resistances. no ichimoku, elliots, rsi's, mcdis needed. Plain and simple.
Everything documented in videos BEFORE moves.
Im still in long from 6440, ill probably close it soon when they try to get new highs and change my position to short again.
We might be forming reversed head and shoulder (bullish) but need to retrace before that, next week will be very important for bitcoin. it will set its direction.
I will do update later today or tomorrow !!
HAPPY 4th EVERYONE !!
ParagonVenture
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@gregloren1, @bneta1980
JoyaJoya
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@gregloren1, thank you very much
JoyaJoya
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Hi,
Happy 4th!
You are so accurate :)
When you said you want to add positions in the green boxes - are you referring to short positions?
Also which type of rsi are you using?
Thanks again
TheFomoKing
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Thank you for posting your idea. Have a happy fourth also!
second, 6440 i went long (my 2 orders got filled)
i wanted to build short again between 6740 to 6790 but i didnt placed my short orders overnight and missed it :/
This is how you play those legs using just supports and resistances. no ichimoku, elliots, rsi's, mcdis needed. Plain and simple.
Everything documented in videos BEFORE moves.
Im still in long from 6440, ill probably close it soon when they try to get new highs and change my position to short again.
We might be forming reversed head and shoulder (bullish) but need to retrace before that, next week will be very important for bitcoin. it will set its direction.
I will do update later today or tomorrow !!
HAPPY 4th EVERYONE !!