Hi Traders, welcome back to another workshop. In today's workshop, I will be discussing the importance of taking of both Trade Entries and Trade Exits.
Most traders put way too much attention into spotting the specific entry level. But the truth is, closing out a good position at the right time and at the right price make you money. You can have the best...
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(XBTUSD 1W Chart) - Medium to Long-Term Perspective
Above the 27650.0-29350.0 section: The uptrend is expected to continue.
Above 47010.0 point: Expected to...
Close the day as an inverted hammer and I think we go up. Of course, nothing is ever that easy - I marked out the level I believe we touch if daily closes outside the yellow line. @bidcoindad on Twitter
Done to test specific angle of uptrend which the fib channel is tuned to.
Also testing how time fibs might separate stages of the cycle.
Time fib settings :
Prebullrun correction (0 - 1)
Reversal (1 - 1.272)
Rapid growth (1.272 - 1.414)
ATH registration period before reversal (1.414 - 1.618)
DATES OF TIME FIBS:
1.414 (14th FEB 2021)
1.618 (31st JUL 2021)
Channels are tuned and arranged to the nature of a year fluctuations creating groups of support and resistance zones separated by fibonacci lines.
Since price has dropped to a local support level, at least a short-term pullback can be expected especially in current generally bullish sentiment.
Nothing can be promised, so the scheme covers lower support levels...
Hi traders, here we are on another workshop. Today I'll be sharing some of the points on differentiating skill or luck trading. Majority of the traders have absolutely no clue on are they doing the right things or not? Here's a few key points:
1. Winners and Losers
- If you are a skilled trader, you're someone who understand the probable and possible...
BTC has made gain great bullish momentum since we have taken the 58K resistance.
on the BIG crash chart, the last all-time high predicted here 👇🏻
On the Big crash chart, we labeled the Golden zone which starts from 58k to 65118.
securing the golden zone prior...
Most people don't know this about me, (and 100% won't care) but I love astrology. The stars, the unknown, the mystery, all shrouded in darkness. I have questions and nobody has the answers. Probably part of the allure, I'd imagine.
I also love Technical Analysis. I don't consider myself amazing by any stretch but...
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
📊 Have to mention that All of the levels and prices are calculated on classical linear charts.
- This article is a combination of my own vision and Kim Iskyan's article.
After the latest moves there is a strategically interesting structure setting up for the year end flows. Here I am tracking a pullback towards $52,000 support for an opportunity to load for the next exchange.
In desperation, late buyers succumbed to the fomo which...
Hi Traders. Today's I'm going to discuss about "Fear of Missing Out (FOMO)". It is a very common trait among new and experienced traders. Till present, I still have this 'evil' occasionally popping out leading to unnecessary loss. One thing to remind yourself is that, emotion isn't something you can eliminate completely. Human beings were made with emotions, what...
In a previous idea I said if it got 50 likes I would post a surprise.
I think they don't want you to know...
Some people might already know this but I know for a fact the vast majority does not.
I hope this does not stop working now that I share it. I have plenty of other strats and if markets evolve and 1 strat stops working I know I'll be the first to evolve so...