I took this entry signal however when the new candle opened price quickly moved down thus changing my SL pips and size. The new calculated size was not the minimum contracts that I can trade -AND- due to the Fear of Missing Out I still entered anyways. I technically forced this setup since it originally met my criteria but I wasn't fast to the gun and the...
Hello Beautiful person!
I have been thinking about reasons of bitcoin fall and been watching "experts" on stock market, to see if there are correlations.
To set the stage a little, let me just summarize the reality we are hitting now:
Most of us are aware that the stock market is overpriced/overvalued and possible a large bubble
Some of us have foreseen...
Dear trading enthusiast,
Price action in the coming days is rather important for determining the overall direction in the coming weeks and months.
Looking at the current trend:
- Price is contracted in a falling wedge (green) and testing the bottom of the yellow channel.
- RSI is printing hidden bearish divergence.
I expect to see price brake out upwards out...
It is said that investors don't have enough time to study about
every Cryptographic Co. Out there on the Market.
There are too many of those, you might find over 2.000 "projects".
Due to the fact that Zilliqa is one of those "projects" which claims to be
100% complete, tested and operative, together with its comparatively
low Token emission and...
Well well, Wall Street (DJI or US30), has defied logic! Whoever said markets are about logic? Not me. This market has surprised me in the way it obeyed 'wedge theory'. It broke out north, out of the wedge - like a bat outta hell! But now it's stalling on the 8H time frame. This has happened before and it was meaningful. I show the price action.
OK, I am mildly drunk making this... I am new to social media lololol
My current view on BTC and crypto,
BTC is the organic, original form of crypto currency. NO ONE knows what crypto currency is (in an economic and global phenomenal sense) it could become a global reserve currency or it could become simply a "millennial fad." The truth is is has been growing...
I literally created this chart well over 5 weeks ago you can even see previous examples from as early as 2 or 3 weeks ago so far its been following the path I layed out well ahead of time although not 100% precisely as laid out pretty damn close and as long as we hold above 5700 this pattern has yet to be broken and we will soon see another rally up to the...
Using the Harmonic Mean (Pythagorean Means), we focus on "three values" using the Cross Ladder Problem by drawing the geometric shape - vectored R/S points. These values are taken from the harmonic mean of "B" "A" "h". The calculation inputs are Log Normal, Exponential, and Skewness. (Arithmetic mean gives higher data points that will error your weight);...