Analysing my previous ideas to identify my tone and emotional state Complacency at the peak is what I find very interesting. I assume this is due to the consistent rise, maybe the market got boring? lol This is my recount
Hi everyone, Wish y'all have a profitable life. 📌 Today I would like to talk about a very important factor that every trader has to consider very important in their technical analysis. ⚠️ The topic is "EMOTION" and how it can lead to possible profit and or losing money. ⚠️ And how can you avoid "FOMO TRADING" ! 📍It's almost been a year that I have started...
Quick post to note Gold selloff. After a long overheated rally, the big correction might be here. I do not think the rally continues, hard to call a top, but here as price is falling straight down, I think this could be it. I would not buy before the price dropped at least to 1800, and bottomed. Retail traders are of course buying the dip, this could turn in...
GME management has the intention to sell some shares, with the goal of getting $1 billion out of the sale, they registered 3.5 million new shares. To get $1 billion at a $150 price they would have to sell 6.66 million shares. The ADV dropped to 20 million and I think is likely to stay above the period where the company was undervalued lost and forgotten with 3...
Crazy moves on XRP. Probably most of the investors/traders are crying right now. The reason is because they missed on this big move but why? Due to their emotions. That was the best confirmation for me why I was still holding XRP and still publishing here new Updates to remind everybody about it that a huge pump will occur. The first time when I made an...
Hello, this is not trend analyses, this is anlyses only on my mistakes. I want to make a comparison after 1-3-5 years of how far I have come and how much I have learned. I hope these mistakes look funny to me in a few years.
There are no EMOTIONAL PROBLEM in reality. The problem, you are facing is you do not have any back-tested STRATEGY/SKIL L of identifying what if I do will I get the trades. Another words, you are trying to search a fallen needle in entire city in a limited time. You don’t know what to trade? Which stock(trade) to go for shorting? Should I have to select...
Afternoon traders This is a update on a previously posted idea from only a few hours ago. It was a trade on GBPUSD on the 30M time. The script I am using is set on this pair at a 1:2 risk reward. I simply take the trade set my stop loss and take profit and let it play out like today's trade. I can get on with the rest of my day knowing I have a proven back...
Hello traders Just wanted to share an idea on how the script I am using is making my trading so easy and clear. Here is GBPNZD on the 45M chart. Two back to back trades working the script I'm using to a take profit target with a stop loss target. These two trades banked 260 pips in 5 days! All back test data at bottom of page showing results on this pair...
Morning traders Just wanted to share these thoughts on the importance of finding trading plans and strategies then sticking to those plans. In my last idea I discussed the importance of holding trades and not to deviate of track. That idea was working the H2 chart following the trend with a stop loss on AUDJPY pair and the trade has been running since 24th...
Bitcoin perma bulls are back! After hiding for over 6 months they came back to celebrate once again. Took long enough. Bitcoin bagholders pretending they are making money even though regulators are saying they overwhelmingly lose, it is so bad actually that they had to ban crypto CFDS. This casino market is purely driven by the emotions of hysterical teenage...
Bitcoin has rejected the former ATH once again. I can't help but wonder if latecomers' greed is not being punished this morning. Someone asked on one of my other social media platforms "what should I buy now?" just last night. I told them they were better to invest in a time machine. People don't get to win by waiting and only buying now at this critical...
***************** Part 1: An expensive but valuable lesson for Bitcoin bulls ***************** I have not heard much from Bitcoin "investors" in the past 12 months. This is what I kept repeating back then (2018-2019): " The bear market is not over/2019 is a fake bull market (hundreds of them laughed at me) They will refuse to sell until Bitcoin goes into panic...
Trend reversal and volume increase with significant golden cross on hourly. You guys saw what happened last time I noticed these things on this ticker. It went from $1.30 to $11. Now I am not saying that will happen again but the chart and my research on the company is very solid. I will not do the research for you but I invite you to read through ALL of the...
A very healthy OBV makes this one quite interesting. Good candidate for multiple Trading Opportunities on Short-Term Pullbacks. Several price reaction to steep-sloped support.
ADA has the makings of a Bull run this summer/fall. This pullback is creating a solid foundation for a spring forward. I see a lot of what I've Liked in other coins in ADA. But most coins lose their stamina around this time. They get a good pump and then they become part of the system with an ATH & ATL. Their still solid money makers but I like a little volatility...
Wonderful Sunday morning Traders! Hand on heart, you are sitting here watching all those nice charts and forecasts and assumptions and predictions? And the ONLY thing that comes out of it is a chart like this? Congratulations, you belong to the big majority of those who are interested in technical analytics but completely overwhelmed by the amount of...
I breakdown the trades I missed and talk about how I was feeling at the time to watch back and see if there are any patterns involved with my emotions and psychology that I need to overcome to improve as a trader. Hope you enjoy and take some value away from this.