Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Daily close Above the Neckline = 11.4k - 12k foreseeable Target Daily close Below could bring us back down to Test lows
Simple but Powerful TA
Do not trust my Analysis trust only your own. I am posting this to create a track record for myself and treat it as a Publicly viewed trading Journal
Comment
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Daily has closed Red and below the Trendline, probably going to go down for a bit and bounce of the Daily moving averages for a retest. If we slash through the Daily EMA's (20-55) and get a close below that's when I really expect us to test the lows.
Comment
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I set stop buy orders for the case that we randomly start pumping and this was shakeout pa and the correction doesn't take place just yet.
Comment
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Falling wedge on 15m which broke out. This is going up. (likely at least) Unfortunately I made many mistakes today, a few market orders in and out fomo and what not. I am not happy with my own actions. Regardless if we pump or not market maker successfully got me to scam myself by trading emotionally.
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Additionally I forgot to TP at 10880 when only a day before I had my Orders set for 10880 due to the 4h Fib Pivots. Feeling like a newb
Comment
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FoMo is ReAl oNlY LeRn bY L00sInG M00Neyz
Hence I will continue to post my Trading strat and Ideas as I create them here
One day when I have mastered the Game of trading and Emotional control someone will learn from my mistakes by reading and going through my posts.
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Also I am in Longs now. Better entry but when they turn to Profit it won't feel as good as it would have if I wouldn't have my Sloppy mistakes
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New trader Moral to learn - Stick to your Trading plan and Reap the rewards Future posts will include more Detailed trading plans to enforce my dedication towards my own trades
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Not being able to Delete stuff makes this Gold to myself. Sloppy TA, Bad Title, All in All a Steppingstone of Rubbish I will not walk through again The Chart is going to show Expansion. My Trading Idea will suggest the Opposite.
For the Record if my longs had longs i'd long e'm right now. This should age better. If not jokes on me, again - HAH