The Sith have ruled for a long time now- We have had a fairly long downtrend and have found some support What does this mean-
Hand me my Lightsaber- Let your stop losses be tight and let the force guide you.
Comment
⋅
My entry is $40225
Comment
⋅
Stopped at entry
Comment
⋅
Reentered 39876
Comment
⋅
If you have been following me u know stop loss is moved to entry, we ca always reenter, if u reentered lower u can adjust your tp targets. Follow this space Live!
We are reacting to the 10 day ema- A slight pull down will happen as the market maker has built some shorts
Comment
⋅
The key thing when scalping is to
1. You must adjust your support on a fly, cause this is micro support, in the moment, then check the time frame above and below especially to guage what the coin is doing, so on the 30 min chart we are checking 15min and the 1 hr
For your scalp you need to add the following the 10,30,50,200 ema. If you are a regular member, open pine script, click pine editor and add copy and paste the below and click add to chart
plot(shortest, color = red) plot(short, color = orange) plot(longer, color = aqua) plot(longest, color = blue)
Comment
⋅
My entry is still 39876, Thought changed stop to entry I did not=
Comment
⋅
Okay so what we want to do now is for those who. reentered after the stops were hit, @ either 39878 like me or some u told me u got 39600. You want to bit of profit at
$41142 which is 0.236 of the gfibs ill take a 20% it will reduce my position size
or those who entered in the original band, You want to take exit the trade at entry and wait for a pullback test the top of the support band. You want to be drawing the support and resistance bands like me
Comment
⋅
Utilizing different multi timeframes we can see consolidation.
For the past few weeks we have been doing swing trades with some success, so this week we are turning our attention to scalping to perfect the scalping method. We will add a few swing trades in between. In each trade win lose or draw( a draw is a win where you do not gain any money but u do not lose any money only time). In each trade we will detail what we are looking for to happen