RIPPLE Add1 or New Long Postion current 0.25786 17Oct17
With The Swell coming up tomorrow 18thOct17, in Toronto Ontario, we have the Fundamentals playing in the background:
www.businesswire.com...le-Host-Swell-Future
On my earlier call on 12Oct17, I know some of you PM'd me to say thanks as you cashed in early for a quick profit and were happy bunnies. I'm all for cashing in as cash is KIng but in general, as you know, I'm more a positional trader, so I'm in for the Big Runs and Big Profits that suits my trading style.
The uncertainty of what will be the outcome of these talks has created a pullback and as traders we are opportunistic. So we also have the TA and those still in the trade for a bigger move can add to their existing position; those who are still looking for an opportunity/another opportunity here is a trade call I'm giving you which is CURRENT, you decide if you wish to take it or not.
All other parameters stay the same.
Sean Vengan
10+ Years Professional Trader and Trading Educator
REALITIES IN TRADING:
In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading.
We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE.
Ignore newbies who are uneducated in trading & investing and say "You were so wrong" (we as traders know, a loss is insignificant over a number of trades).
Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY.
Always factor in "WHAT IF I LOSE MONEY ????"
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
www.businesswire.com...le-Host-Swell-Future
On my earlier call on 12Oct17, I know some of you PM'd me to say thanks as you cashed in early for a quick profit and were happy bunnies. I'm all for cashing in as cash is KIng but in general, as you know, I'm more a positional trader, so I'm in for the Big Runs and Big Profits that suits my trading style.
The uncertainty of what will be the outcome of these talks has created a pullback and as traders we are opportunistic. So we also have the TA and those still in the trade for a bigger move can add to their existing position; those who are still looking for an opportunity/another opportunity here is a trade call I'm giving you which is CURRENT, you decide if you wish to take it or not.
All other parameters stay the same.
Sean Vengan
10+ Years Professional Trader and Trading Educator
REALITIES IN TRADING:
In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading.
We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE.
Ignore newbies who are uneducated in trading & investing and say "You were so wrong" (we as traders know, a loss is insignificant over a number of trades).
Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY.
Always factor in "WHAT IF I LOSE MONEY ????"
DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
Comment:
Correction: Swell started Monday 16th and goes on until 18th, thank you@andrewh03 for correcting me. My point was that there is still uncertainty creating a pullback...
Comment:
Due to the negativity rhetoric in the Swell Conference, we have been stopped out on this trade. What this telling us is that the Mainstream (Banks, Govt etc...) are not ready for cryptos and regulation issues, quite rightly, still are the biggest, concern. However, it is also telling us that they are taking cryptos seriously. That is very positive.
Once mainstrem embraces cryptos it is set to EXPLODE and for me that is not an IF but a WHEN, it's just a matter of time. So I have 2 hats, an INVESTOR and a SPECULATOR. As a Investor I love any pullback.
From a speculator and technical perspective (short-term), what I am seeing is that we have no shorting signals and additional the Long signals remain unchanged. We appear to be heading into a Buy Zone (I will show later)
It depends on your PERSONAL capital and risk management how you play this but i the medium/long term I remain bullish on Ripple.
I will post a new trade, in due course, for those who are flat for a 2nd Long attempt.
Once mainstrem embraces cryptos it is set to EXPLODE and for me that is not an IF but a WHEN, it's just a matter of time. So I have 2 hats, an INVESTOR and a SPECULATOR. As a Investor I love any pullback.
From a speculator and technical perspective (short-term), what I am seeing is that we have no shorting signals and additional the Long signals remain unchanged. We appear to be heading into a Buy Zone (I will show later)
It depends on your PERSONAL capital and risk management how you play this but i the medium/long term I remain bullish on Ripple.
I will post a new trade, in due course, for those who are flat for a 2nd Long attempt.
