Just listening to the candles on this one, price is struggling to make new highs, now several daily candles are confirming weakness, this is still insane QE, the wheels should fall off at some point.. see the setup take the setup. it's how this game works,
If you reflect to my OIL/WTI short last week
2 x trades posted here:
1st attempt - Loss -1%
2nd attempt - Win +1.8%
50/50 win rate and I made .8% on these two trades. Manage Risk, asymmetrical risk/reward and just keep taking high quality setups.
1% Risk and 2.5:1RR on this setup.
I am still holding onto the coveted title:
Founder of the Tag "CryptoBros" on Tradingview. Thank you.
If you reflect to my OIL/WTI short last week
2 x trades posted here:
1st attempt - Loss -1%
2nd attempt - Win +1.8%
50/50 win rate and I made .8% on these two trades. Manage Risk, asymmetrical risk/reward and just keep taking high quality setups.
1% Risk and 2.5:1RR on this setup.
I am still holding onto the coveted title:
Founder of the Tag "CryptoBros" on Tradingview. Thank you.
Trade active:
Damn, and we are off.
Trade active:
That was close to my stop. but not hit.
Trade active:
Careful, we may make some money here.
Trade closed: target reached:
One can expect the printing machine to roar back to life,... one day it will not be able to correct the casino this has all become. That's the day to really worry.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
