based on my analysis, the trend might go to an end because the market has reached its previous swing point (4-hour timeframe). after further observation, the market has formed an accumulation in that area(4-hour timeframe), which means that there is selling pressure and sellers are unlikely to give up. I will open my position for short after the market break its...
waiting for a move towards the resistance; looking out for a movement back into the resistance range, a rejection at the resistance and a confirmation towards the downside or looking for a movement into the resistance range, a breakthrough, followed by a retest of that same level and a candle confirming the bulls
Over the years I have made many common mistakes, and so I hope that by listing what I have learned, it may help someone speed up their journey to becoming a successful cryptocurrency trader: Don’t jump into trades without consideration. Evaluate, set buy/sell orders, and use stop losses! Remove emotion, look to buy during periods of fear. Go against the...
Long ES Entry price 3553.50 Stop loss 3498 4 hour EZ system. Rules of this system. Basic strategy. Highly profitable with clear signals. Good for beginner traders. Don’t stray from the rules and you will make money. Trade is over when you are stopped out. No profit targets used or needed. Stop loss is adjusted based on volatility of price every 4hrs ....
LONG IDEA IF PRESIDENT TRUMP WINS THE US ELECTIONS
Etherium is looking really bullish for the last months, and I think Etherium will hold strong untill the end of the year. But before the uptrend continues, I think Ehterium will go in a downtrend to the 320 usdt mark before continuing the uptrend. This can be seen directly from the RSI, which represents hidden divergence in the last highs (marked in red). I...
-- Although its about to hit tp I wanted to point out this notion: --> Consistently gaining a set amount of pips versus the vigorous psychological stampede of trying to hit Jackpot every trade was a humbling lesson from my experience! --> 10 - 30 pips can go an absolutely long way when you know how to use it. Don't get me wrong, I want that beautiful swing...
Bitcoin Monthly Analysis reveals key zones that are useful on lower timeframes. When looking at this analysis you will identify 3 Key Areas: [ - An Exhausted Buy Area - An Exhausted Sell Area - 50% areas to identify breaks within the market using Gann and Fib: * Breaks above = Buy and take to next zone * Breaks below = Sell and take to...
Written:10/03/20 4:47PM EURJPY SELL 4H Timeframe Sell Entry: 123.188 S/L: 124.200 TP1: 123.000 TP2: 122.477 TP3: 122.100 Notes/Explanation: On the 4H timeframe it looks like this pair is starting a downwards trend, so I entered the trade for a Sell at 123.188. When the market reopens I believe the pair will break through the last Floor/Lower Low with around...
REQ, 1W chart, Broke through support a long ass time ago, accumulated, then finally broke out and now we're on a retest of the S/R flip. Long play but appears to be high probability.
Beat earnings, yet down 1% sitting on a support level.
PPL call - Guppy has only been green for 8 days which the last time Guppy was green for a month or less was 2015. Also shooting for a bounce off of the trendline its been tapping since March crash. 27% IV so dirt cheap.