Are you ready to quit your job and join crypto full-time? You need to understand that most of the beautiful posts about the amazing life of a traders, airdrop hunters are complete nonsense and "fake it till you make it" life! Most people lose money in trading, and this applies not only to the crypto market! Therefore, on the channel we do not talk about stupid things like tothemoon, uponly, super-profitable meme tokens and other nonsense! Ask yourself the question, are you ready to quit your job and go into full-time trading or full-time work with cryptocurrency! These can be nodes, an accounts farm for airdrops, content creation, work in a crypto project, be the meme token degen, trading.
A few key questions that you need to honestly ask yourself
1. Do you have a extra cash for several months, if, for example, the first six months, you will not be able to make a profit from cryptocurrency?
2. How old are you and what are your expenses? After all, the responsibility for income when you have a family and children is much bigger than when you are 20 years old and you can live peacefully with responsibility only for yourself!
3. Do you have enough experience for regular trading, do you have an understanding of the market, if, for example, we will trade in a downward trend for 2-3 years and investments will not be able to generate income, but only trading! Do you have a deposit to work with!? Lets be real! Start with 100$ and trade every day with x50 lev its not a good idea and plan! One day all this succesefull signal channels and traders just drawdown their accounts, but they got a lot of money from Discords, memecoins alllocations! So be real with initial deposit!
4. How are things going with storing funds, diversification, risk management and money management! Do you have a strategy and a plan for what exactly you will do every day?
5. Do you have skills outside the market, what will you do if your plan does not work? Will you be able to quickly find a job to restore the deposit and try again
6. Are you mentally ready to work every day in this area now? After all, now you will have a lot of time, without a boss and a stable fixed payment at the end of the month! Do you know how to plan your day and work! Are you a disciplined and balanced person, because emotional decisions and trading on fear or greed can ruin your entire deposit!
7. Do you have a plan in case of a black swan in the world, a new pandemic, a financial collapse or abrupt regulation of cryptocurrency in your region!
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Tradingplans
Mastering High Probability Trading Across All AssetsGreetings Traders!
Welcome back to today’s video! In this session, we're revisiting the critical concept of draw on liquidity. I'll guide you on how to take advantage of it with extreme market precision, focusing on when to trade, when to avoid the market, and how to increase your chances of high-probability trade outcomes.
If you're looking to enhance your trading strategy and make smarter decisions, this video is for you. Let's dive in and start mastering these concepts!
Refer to these videos as well:
Premium Discount Price Delivery in Institutional Trading:
Mastering Institutional Order-Flow Price Delivery
Quarter Theory Mastering Algorithmic Price Movements:
Best Regards,
The_Architect
World gold price increased sharply to 2,477 USD/ounceThe price of gold traded on the world market this afternoon, August 13, stood at 2,462.1 USD/ounce, down 11.8 USD/ounce compared to the morning session. Gold futures price was at 2,500.8 USD/ounce, down 8.3 USD/ounce compared to the morning session. Thus, with this morning's trading session, world gold decreased.
Having received support for the gold price trend, some experts believe that the US Federal Reserve (FED) will provide monetary policy at the upcoming meeting, also supporting the price increase forum. of these precious metals. According to CME group's FedWatch interest rate tracking tool, the market is pricing in a 49% chance that the Fed will cut interest rates by 50 basis points next September.
The current gold market goes up and down very quickly, making it difficult for traders to choose a direction in the short term, but experts still expect that gold will increase in price by the end of the year.
AUDUSD | Trading Plan | 15m15m:
A bearish Break of Structure (BoS) is clearly visible after the buy-side liquidity sweep.
I've marked the bearish leg and identified a valid supply zone.
I'm now waiting for a sell-side liquidity sweep to enter a long position until market mitigates the above supply zone.
After the supply zone is mitigated or buy-side lq sweep, will wait for a bearish confirmation appears on the 15m chart, I'll look for a short position again.
"Primarily, we need to focus on opportunities during kill zones and ignore any setups outside of these times."
Taking On Discipline In StagesOnce you have decided that you need discipline in your trading, knowing where to start can be difficult and overwhelming. There are many pieces to a trading plan, and it's easy to feel overwhelmed.
You can break the task into manageable sections and master one discipline at a time, or focus on the the discipline you need. This approach makes the process more manageable and ensures that each aspect of your trading strategy is given the attention it deserves.
Trading Plan Components: Each of these sections should have objective rules so there isn't any escape room.
Method Rules
Entry Rules
Stop Rules
trailing Stop Rules
Exit Rules
Journaling
Trade Plan for TME, COIN
Shane
GOLD - at DO or DIE area, whats next?#GOLD.. perfect move as per our video analysis and congratulations to all,
our expected area placed and now that is our DO or DIE area.
now the area is 2410 11 that area can change the overall scenarios.
keep close the area and you can see in history market made same pattern. dont be lazy here. \
good luck
trade wisely
#BTCUSDT - near his resistance? Hold or not??#BTCUSDT.. so our last idea about BTC was perfect. And now market again near to his resistance area for now.
That is around 61800 to 62000 plus.
Keep close that resistance area because if market hold it in that case again drop expected from here.
Good luck
trade wisely
Live Gold Trade Analysis: Catching the Breakout! Did I Miss It?Key Levels and Zones:
4hr LQZ (Liquidity Zone):
Marked at around 2437.909 - 2440.000.
This is a higher timeframe liquidity zone which often acts as a strong resistance or support level.
1hr TP 4 / LQZ:
Marked at 2419.433.
This level is a target point or liquidity zone on the 1-hour chart, indicating a significant level where price may react.
15M LQZ (Liquidity Zone):
Marked at 2404.619.
This is a key level on the 15-minute chart, suggesting an area where there is liquidity, and price may find support or resistance.
LQZ 1hr:
Marked at 2396.143.
Another liquidity zone on the 1-hour chart, which acts as an important support or resistance area.
Other Levels:
2390.821
2386.644
2379.627
Chart Patterns and Movements:
The price has shown a significant rise recently, breaking through multiple levels of resistance.
There is a noticeable ascending channel marked with blue dashed lines, indicating an overall uptrend on this timeframe.
The highlighted blue zone around 2390.821 - 2396.143 indicates a previous consolidation or support area that has now been broken through.
The most recent price action shows a pullback after hitting the 1hr TP 4 / LQZ level at 2419.433.
Key Observations:
The price is currently hovering around the 15M LQZ at 2404.619, which could act as immediate support.
The significant rise and sharp move up might indicate a bullish momentum in the short term.
The break above the blue highlighted zone suggests that the price might find support here if it pulls back.
Potential Trading Strategies:
Bullish Scenario:
If the price holds above the 15M LQZ at 2404.619, consider looking for buying opportunities with targets at higher liquidity zones such as 2419.433 and beyond.
A break above 2419.433 could further validate the uptrend, aiming for the next liquidity zones.
Bearish Scenario:
If the price fails to hold above 2404.619 and breaks below, consider looking for selling opportunities targeting the next support levels at 2396.143, 2390.821, and lower.
Range Trading:
If the price consolidates between 2404.619 and 2419.433, consider trading within this range, buying near support and selling near resistance.
BANKNIFTY : Trading Levels and Plan for 09-Jul-2024
On 08-Jul-2024, the NiftyBank Index exhibited a consolidation pattern with a slight bullish inclination towards the closing hours. Key levels were established, including a strong resistance zone around 53,521 and a significant support zone around 52,126. The market showed signs of indecision, indicating potential volatility for the upcoming session.
Trading Plan for 09-Jul-2024:
Gap Up Opening (200+ points above 52,492):
If the market opens above 52,692, observe the price action near the opening resistance at 52,859.
A rejection from this level could signal a shorting opportunity targeting 52,492, with a stop-loss above 52,900.
If the price sustains above 52,900, look for buying opportunities targeting the resistance for a new high at 53,049, with a stop-loss below 52,800.
In case of a strong bullish momentum, trailing stop-losses can be placed as the price approaches the profit booking zone at 53,521.
Flat Opening (near 52,492):
Monitor the opening price action around 52,492.
If the price breaks below 52,470, look for shorting opportunities towards the buyers' support at 52,126, with a stop-loss above 52,520.
Conversely, if the price shows strength and moves above 52,520, consider long positions targeting the opening resistance at 52,859, with a stop-loss below 52,470.
Gap Down Opening (200+ points below 52,492):
If the market opens below 52,292, closely watch the price action around the buyers' support at 52,126.
A bounce from this level can be used for long positions targeting 52,492, with a stop-loss below 52,030.
If the price fails to hold above 52,126 and moves towards 52,030, consider shorting opportunities towards the best buy zone at 51,681, with a stop-loss above 52,200.
Summary and Conclusion:
The Nifty Bank Index is poised for potential volatility on 09-Jul-2024, given the consolidation pattern observed on 08-Jul-2024. Key levels to watch include 52,859 on the upside and 52,126 on the downside. Trading opportunities exist for both bullish and bearish scenarios, with appropriate stop-losses to manage risk. Be prepared for quick market moves and adjust your strategy accordingly based on the price action at critical levels.
Disclaimer:
I am not a SEBI registered analyst. This analysis is for educational purposes only and should not be construed as trading advice. Always do your own research before making any trading decisions.
HAPPY TRADING
BTCUSDT - only one support, holding or not?#BTCUSDT.. well guys market again at his most awaited and most important support of monthly and weekly chart.
That is around 58000
Keep close it.
In first go market perfectly hold it and now in 2nd go market again at 58000
That is only support of Bitcoin that can change the scnerio.
If market hold it then all ok but if market clear that level the. It will be very expensive.
Good luck
Trade wisely
SRF/SWING TRADE # PRICE LOOKING BACK TO PREVIOUS TREND
#PRICE TRADING IN A PATTERN
# TAKING SUPPORT FROM MA 21 MA 50 EMA 21
#SL 2370
ALWAYS TAKE RISK REWARDS INTO ACCOUNT. IT IS THE CORE STRENGTH OF TRADING.
NO MATTER WHAT END OF THE DAY WHAT YOU EARN - WHAT YOU LOSE =RETURNS
"Investing in the stock market involves balancing risk and reward. Higher potential returns typically come with higher risk, while safer investments may offer lower returns. It's essential to assess your risk tolerance and investment goals carefully. Diversifying your portfolio can help manage risk. Remember, informed decisions and a long-term perspective are key to navigating the complexities of the market."
GOLD - one n only support, holding or not??#GOLD... a perfect move is going on according to our video analysis and as you can see market perfectly hold 2 times 2331 32 and dropped.
and our last day supporting area 2321 is still valid guys don't take it easy,
a triangle is also on table. keep close the tringle.
TECHNICAL:
2321 is one of the most important on chart in hour and 4 hours chart. in yesterday market perfectly hold it and now again hat is your area, short only below that area with mentioned tp's
good luck
trade wisely
GOLD - there is only single support, hold or not??#GOLD... a perfect move is going on according to our video analysis and as you can see market perfectly hold 2 times 2331 32 and dropped.
and our last day supporting area 2321 is still valid guys don't take it easy,
TECHNICAL:
2321 is one of the most important on chart in hour and 4 hours chart. in yesterday market perfectly hold it and now again hat is your area, short only below that area with mentioned tp's
good luck
trade wisely
UPL :: Turning around to (Agrow)Chemical Stock? - It's been decades we have seen that AgriCulture is contributing almost about 18-20% in India's GDP growth yet this sector remains to be more politically inclined to their specific actions during major elections.
- GDP contribution by Top 3 sectors:
Agriculture: 18.4%
Industry: 28.3%
Services: 53.3%
- NSE:UPL is one of the top 5 global providers of total agricultural solutions with a footprint in 138+ countries.
Going by the current situation we see the following observations -
1) Script is trading at a Money-based range dating back to the pandemic lows after hitting 52W Lows due to global headwinds.
2) After a stellar doubler move from Dec'20 to May'21 the script delivered almost more than 100% return to its investors and eventually we see a exhaustion after an eventual double top like pattern with a neckline candle marked in a red zone.
3) Interestingly, you see a SWAP LEVEL marked to denote the beautiful Yearly Low of 2021 being protected for next 2yrs and finally breaks down nearing ending of 2022 while being in a range of 200p within the red zone and swap level for that existing period.
4) While, we talked about price action in the previous point we missed out the lethal info being nudged in by our FUNDFLUX tool which showed consistent outflow of money in first 2Q's of 2022 before it out the swap level in Q3 of 2022.
5) What happens next will make you understand why we call the marked blue dotted line as the "Swap level" as after the breakdown we see a retest of the same level now turning out to be a resistance for script and eventually the Yearly Pivot Level of 2024 .
6) Now, currently the script trades in a good money-based range eventually dodging out YL4 breakdown and here the risk seems to be minimum as per the return is concerned as after 510-520 the script will be ripped for 640-650 initial target making a return of 30-35% in cash from entry being in the marked money-based green range and it can be in news in this quarter as elections are nearing and as said in the beginning - "AgriCulture" will be on one of the top agendas of the political parties and alongside if we see a relief from destocking and price revisions in the West after the much anticipated rate cuts then it will be an icing on the cake for the script as margins will improve in the coming quarterly results and lastly monsoon season is about to begin in India in a month and till now SKYMET expects Monsoon to be 'normal' in India.
A RELEVANT ARTICLE -
www.livemint.com
THE KOG REPORTTHE KOG REPORT
In last week’s KOG Report we said we would be looking for more downside movement on Gold and gave the weekly bias level of 2335 with targets below 2310 and below that 2395. We also informed traders to watch out for the extension of the move into that 2340 which is where we ideally wanted to short the market for the bigger capture. We suggested early longs into the levels above, and once there we confirmed the move not only did we get the long trades, we got the opportunity to take that short trade all the way back down to complete the bias level targets. It’s at this lower level we suggested taking the early long back up, again netting a fantastic return, following Excalibur all the way to where we closed the month.
During the week, we also update traders on the intra-day movement highlighting the levels to look for RIPs and opportunities to capture the counter movement, which also worked extremely well completing a fantastic week for the free analysis, but a phenomenal week on Gold targets in Camelot.
Well done to our community and team for another great month of completed targets.
So, what can we expect in the week ahead?
We’ll start by saying it’s the first week of a month and quarter, so best practice would be letting the market settle for the new month, especially the first few days. We also have a lot of news this week which is guaranteed to drive the markets to extreme levels aggressively, coupled with choppy price action. New traders really should be sitting out with the attitude that cash in your account is a position in the market, a very strategic one!
Although we ended the month with a bullish daily, we’re not seeing any confirmed movement to complete the upside levels as yet! So, we’ll begin the week with caution and look at the immediate levels of support sitting around the 2313 and above that 2317 levels. If we begin the week with an attack on those levels and face strong support, it’s here we may get an opportunity to long back up into that 2330 -35 region with the extension of the move again the 2345-50 price point, which for this week is our bearish below level. This level above if targeted is important, as breaking above here will take us back up to target that 2270-75 region, which believe it or not, is still in this range! It is however these higher levels we want to be monitoring closely for signs of rejection, and if we get them we feel there is an opportunity to short again from higher up into the lower levels as suggested on the chart. We have our active targets and the prices we’re looking for but would suggest level to level trading for this week at least, with tight stops!
We’re going to keep it simple this week and say that’s the main move we’re looking for unless we break below 2316-20 and hold, in which case the plan completes before we get any more opportunities to add to shorts from higher again.
KOG’s Bias for the week:
Bearish below 2345-50 with targets below 2310 and below that 2290
Bullish on break of 2345 with targets above 2360 and above that 2370
We’ve added the key levels on the charts for you this week with the text, “Bearish below, Bullish above etc” which we hope will help you stay in the right direction and manage your trades.
As usual, we will update you with our plans and wish you a successful week ahead.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
KOG - "Fail to plan, plan to fail" Traders,
The market is designed to confuse retail traders, the reason for that is they know 95% of you enter these markets with no plan. You’re not aware of the levels, you’re not charting the pairs you trade, and you lack the basic skills to manage your money and your risk. You need to have a plan before you enter a trade, you need to have a strict set of rules, and everything should line up as much as possible before you take the entry. By the time new traders understand they need a plan, they’ve blown their accounts and blame the markets.
Every trader, before they start their day needs to have a strict set of rules they abide by before entering the markets for a trade. There are many variations and most will have their own rules, but to start you off here are a few we set out for our traders. They're not uncommon, simple steps to take to keep you safe in the markets.
Is the market ranging or trending?
We have to adapt our trading style in accordance with what the market is doing. If it’s a trending market, we know we have a clear direction on the pair and we know the levels of the trend as well as the levels that are provided. We then add the target to this and now have a clearer understanding of where price may support or resist before continuing the trend. When the market is ranging, we adapt our trading style knowing that we’re going to experience a lot of choppy price action as well as extreme up and down swings. We plot the range, we add the levels, and we now have a clearer understanding of support and resistance as well as the range high and low. When the range breaks and confirms the break, you know whether you should be entering or getting out of a trade. Holding on to hope will kill your account and you will then blame the market.
Are there key levels above or below?
Key levels on a chart are really important to understand. You need to add the levels on the long term charts and the levels on the short term charts. This gives you an idea of where price may go before it either supports or resist the price. It also tells you whether price is going to continue in the direction if the key level breaks and the turns into either support or resistance. You can now plan, if the price continues into that level how much will my account be in drawdown, will I be able to hold, do I need to hedge, should I take the loss and switch direction. Holding on to your bias and hope will very likely kill your account, you’ll then blame the market.
How much capital am I risking?
You need to treat this as a business, no matter what your account size. Every day there are large institutions who want to take your money away from you, you’re in this market to take from them and give them as little as possible. You should have a risk model in place, am I going to risk a certain percentage of my account? Am I going to stick to a stop loss of a certain amount of pips? Am I going to have a risk reward that makes sense? Your stop loss and risk management plan is your best friend in this market, it allows you to limit the losses and live to trade another day. It also allows you to trade with a fresh mind everyday because you’re not holding on to hope. Traders fail because they don’t have a risk model, they then get stuck in a drawdown which doesn’t allow them to trade because they’re waiting the entries that are in drawdown to come back into the price range. Cut your losses early, if you’re wrong you’re wrong, don’t let your ego right checks your butt can’t cash! Holding on to losing trades with no risk model will likely blow your account, you’ll then blame the market.
Are there any new events?
News events can move the markets in a very aggressive way but will move the price into the levels that you should already have added to your charts. News brings volume and a lot of traders will use this to their advantage to either scalp or to get good entries on the pairs they trade. It’s best practice to not trade before the news releases unless you’re already in the right way of the market. “The trade always comes after the event”, wait for the price to be taken to the level they want to either buy and sell, wait for a confirmed reversal on the smaller time frames, once everything lines up, then look to take an entry. Trading news events comes with years of practice, it also takes a lot of discipline and the ability to manage risk, not only that but you have to be willing to switch your bias in an instance if you get it wrong. Most traders lack this experience, trade news events like it’s a normal day on the markets and then blow their accounts in one hit, you’ll then blame the market.
Am I following my trading plan?
“Fail to plan, plan to fail”. As above, you need to plan every single trade you take, make sure the market conditions are in your favour, make sure the price is at the right levels, make sure your risk model is in place, make sure you’re aware of the risks involved if it doesn’t go your way. By doing all of this and making a plan, you know what the worst case scenario will be, by knowing that you’re emotions and psychology won’t be affected that much and you will build your confidence. You’ll then develop your strategy and you’ll have a better understanding of what kind of ROI you can consistently make in the markets. Have the discipline to follow your plan and stick to it like a you’re a robot. Get used to taking losses, this is part of the game you’re in. Your wins just need to be bigger and you’re on your way to becoming a consistent trader. Most traders don’t follow their plan, they then blow their accounts and you’ll blame the market.
Hope this helps at least some of you stay the right side of the markets and we wish you the very best in your trading career.
As always, trade safe.
KOG
THE KOG REPORT THE KOG REPORT
In last week’s KOG Report we highlighted the significance of that 2320 level and said that it needed to be broken forcefully, otherwise if supported, we would be looking to long back up into the higher levels as well as Excalibur targets and price will attempt to take liquidity from that 2370-75 region. During the first half of the week, we continued to long into those higher resistance levels giving us a fantastic trade(s), tapping into that 2370-75 region where we got a RIP from our level and the short trade presented itself not only completing KOG’s bullish bias levels but also the first target region for the bearish target.
A phenomenal week in Camelot, not only on Gold and Silver, but all the other pairs we trade as well.
So, what can we expect in the week ahead?
After the move on Friday, we would say caution on shorting the market down here, instead, we’ll look for bounces in the early part of the week to take the price up to correct at least some of this move. Unless we have gaps on opening due to the geopolitical news over the weekend, it’s very possible we will establish a small range here again. For that reason, we will be looking for confirmation at the below levels 2310-12, which if held during the early session could represent an opportunity to long the market back up to the 2325-27 region which for us is the level to watch, with extension of the move into the 2335-40 region. These levels are of importance as that’s where we again will want to be looking for the swing short into the lower support regions, in attempt to break below that 2300 level!
We’ll stick with the bias level bearish below for now and look for lower pricing unless broken above, in which case its likely we will again, target the top of the range and correct the whole move.
On the flip, a push up straight off market open, we’ll look at those 2325-7 and 2330-35 regions to attempt the short, as long as we have a clean set up.
KOG’s bias for the week:
Bearish below 2335 with targets below 2310 and below that 2295
Bullish on break of 2335 with target above 2370!!
It’s a frustrating sideways chop for traders, so please be careful, every time they look to take it down, they swing up and every time they look like they’re going to break up, they swing it down. Traders need to make sure their risk models are up to scratch and they’re playing the range the way it should be. There is a post on trading the range, please check it out.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
GOLD- bull run exhaust ? What's next?#GOLD... Well guys market placed 2365 plus as day high in yesterday.
That is our channel neck line as we discussed in our last idea,
And that is our cut n reverse area as we discussed in our video analysis.
So keep close it if market hold it then drop expected from here.
In case market break that area then selling will invalidate and as I told you above 2365 is your cut n reverse area.
Good luck
Trade wisely
GBPUSD - CPI and only one single area on table.#GBPUSD... As you know guys tomorrow is POUND CPI day and we have one n single area on chart.
That is 1.2670
Keep close that area, it's only area that can change the overall scnerios.
Don't hold your buying positions below that area.
Only buy above that otherwise not at all.
Good luck
Trade wisely