NZD/JPY short opportunityHy traders
I hope you had a nice weekend so that we can start the new trading week calmly and evenly.
After retesting the double top , I expect the downward trend to continue!
Look for reversal formations in LTF
S/L and targets can be found in the chart.
Please support my posts with your likes and comments.
Dyor and trade save, things can change!
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Trading worckstationBeginners often ask me what the optimal trading PC looks like, what to look out for and whether there are special requirements. In pictures you can often see these trading workstations with countless monitors, etc. But the truth and the conclusion right away:
You don't need special equipment or a special computer to trade successfully. If you are able to read this article online, you probably already meet the minimum requirements for a trading PC.
Successful trading depends on factors such as trading psychology or the right strategy! Not from the equipment. I can also buy marathon shoes now and still wouldn't be able to endure 2 kilometers running.
I even advise you, as a beginner, in most cases not to buy a special trading computer. For the following reasons:
You don't need these countless monitors, which you usually see on any pictures, because you concentrate on one or a maximum of two markets. Everything else just distracts you, stresses you out and makes for one of the most expensive mistakes in trading: trading too much!
Quite pragmatic: money is better off on the stock exchange. The monitor and your trading PC will only be worth half in a year. If you are clever with the money, it will be worth at least twice as much.
So the following tips are all optional and come from my personal experience. For beginners, it is better to invest the money in knowledge.
I value the following factors:
reliability
Fast start / operation thanks to an SSD hard drive and a good processor
as low a volume as possible
Operation of several monitors possible
Solutions with multiple monitors are particularly interesting for traders. I currently use 3 monitors (but 2 are usually absolutely sufficient)
When choosing a trading PC, I don't pay so much attention to the price, but rather to purchasing reliable devices from large, well-known brand manufacturers. They offer long-term support, good expandability and high quality and reliability.
Since trading is about money, that's more important to me than saving a few euros on a one-off basis.
Since I usually sit in front of the computer for 12-16 hours, an ergonomic workplace is also very important to me.
What is important to you, what kind of equipment do you trade with, you are cordially invited to leave a comment
REEF/USDT$REEF/USDT is bouncing on it's support and has the potential to moon in march. Be prepared for the rocket to moon and don't get left behind
More than 40% profit in 7 days 🤯I put blz analysis in MAR 1, but for some reason it was removed by Trading View, so I decided to put that analysis back in, and now after a week I've got over 40% profit from BLZ.
possible scenario EURCHFtechnicals:
eurchf is moving inside an ascending triangle,
I expect eurchf to drop first back to our trendline,
The last time that eurchf broke this resistance level was back in 2017
!! Ascending trainle is a bullish pattern, if the price can break this triangle I am buying eurchf
fundamentals:
Monday: Eur -> speech (President lagarde)
Thuesday: Eur -> CPI
Wednesday: Eur -> GDP
DISCLAIMER: I'm only sharing my opinion, I am not giving any advice. Use proper riskmanagement.
#NULS : Short term Short Profits- Falling wedge already broke out.
- 1st wave already done and going to build up a retracing 2nd wave and a spike third wave.
- volume needs some more pressure.
- RSI at 66 which shows there is still some space.
CONCLUSION :
It is actually a very risky move since it have both a downward and further upward move probabilities.
Trade cautiously with a strict stop loss policy and lets see what we can get from this.
Entry 1150 - 1205 sats
Short Term Targets
T1 : 1253 sats
T2 : 1379 sats
Mid Term Targets
T3 : 1469 sats
T4 : 1680 sats
T5 : 1980 sats
T6 : 2363 sats
Stop Loss
- For Day Traders : 997 sats
For Mid to Long Term Hodlers : Close below 833 sats.
Bitcoin Support?? Will Pump again?Hey there,
Please support this idea with your likes and follow me!
Bitcoin could be going up here from support.
Ascending triangle forming on 15min.
The range between 38k and 35k seems very important.
If Bitcoin makes it above new ath are coming.
Key levels are marked on the chart.
Stay tuned.
Cheers,
Konrad
SEC impactAs we are aware over 90% of XRP holdings are done individuals outside of the US. However, we need to understand that this does not mean the US can reach international Laws when it comes to anything involving big money. I have two personal opinions and comment below on what you think. I believe that when Feb 22 hits XRP will be back at the 0.45-0.50 maybe even 0.60 based on the previous structure that we broke back there that started on the 24th of Nov and Wicked out at 0.78. What i expect that from Feb 22nd XRP will wick out at around 0.70 and touch the 0.25-30 before we fly again over 1.00. Now my other personal opinion is simply that the price of XRP remain at the 0.25-0.30 and as a result of the Lawsuit if it may be deemed not a security, bring us directly to the 1.00 price range without the chance to see 0.25.30 again.
Now I believe this to be my personal opinion but if you think about it the Forex market is already a 4-5Trillion dollar market and that's per day. I believe the crypto market capitalization will reach 100 trillion dollars by 2025 if not 2030. This is simply something i see based on where the world is headed in terms of currency and the use of currency globally. Comment down what you think as I personally believe that XRPA itself will one day reach that MKT CAP of 1 trillion dollars. In Crypto, you never say never.
U are foming for a 10/15% ..I repeat.
Long term bullish since 2018 when all call dead market. But now repeat that. Im not pretend that eth cannot touch 1400 ( btc make ATH and ETH no and Is strange to me to).
Only One thing.
U are all fomo and writing to me in not Good way. Why? Cause i reach popular idea with my third post?.. are u searching hype? Ok i repeat last time why no One want to challenge Money?? Why?? I can show my wallet so u understand 0.5 btc can be Easy gambled with all of u professors.
Now, u are going Crazy, Like 2017. Now things are different yes, but come on another time? Wanna buy at top o locale top and rest lock for 1 years in loss? Mah.
For this reason i show u that precedente line Is not broken yet.
Yes i Will long if 1210 break and use a smart strategy called trailing stop.
But for catch other 100/200 pips profit u are risk to loss 30% value.. where Is your r/r strategy?
Commento if u want to share idea or other, pass if u want to show u think u have a bigger D**k 😉
Btc Will lead eth and crypto to correct?Hi, i share some idea about btc and eth before.
Seems the Same. I think in 1h chart we can see some indecision making lower high and Same low, that seems another descending triangle.
I would Like to make u see on 1w chart the rsi formation seems a really bad rising wedge.. yes im maybe the First to use pattern on rsi, but let s see :)
For now Same as eth.
Can short now (31700-31890 usd) Lev 5x and set stop at 33100. Dont invest to much .
For profit i see Good tp in 27000 area and down to 25000 area. If break can see massive sell off to 20000
My introduction to you: ETH and BlockchainGreetings Traders,
My name is Jeedo Jeansipen I am not yet a professional. I trade stocks, forex and Crypto currency. My work field is Contracts Law looking to further my education in Corporate Law and of Real Estate. this is my first ever post so please feel free to give me so feedback as we all here to learn. Now looking at the chart that I am currently showing you, ETH is setting up for a big move enacting a bullish trend touching back on previous broken structure. Now I believe that ETH is on it's way to the 600-700 USD trading range by beginning of February or much sooner. Personally as traders, I believe we need to understand the platforms behind these cryptocurrencies, advantages and disadvantages regarding the use of the currency in the global market. These currencies do have the ability to allow developing countries reach developed status and under developed countries undergo development at a much faster pace because of crypto currency. In conclusion, it is not just about money, it is about the power of connectivity and the potential held in these coins. Please feel free to start a conversation or offer your feedback regarding what you would like to see and furthermore.
thank you for taking the time of reading my introduction to what hopefully will change your and your financial situation. We are all here to learn and learn is what we shall do.
Jeedo Jeansipen