I'm observing LTC here as it has decisions to make. Either down, up or sideways. Speaking with fellow traders whom's opinions I respect and have more experience than I have. I've been warned that LTC seems to like to fake out. Thus I'm neutral on this and it definitely isn't a call . I'm not going to let the bullish signs of reversal I see put me in a long bias...
As the title suggests we are at "optimal entry", we don't buy tops. We like to start with the bottoms (if you get my drift) Innuendo aside for the new bloods among us (of which there are many) : 1. Don't ape in with a single bid, take it slow and average into the position with bids on the green line (if there is a break of the trend line consider setting a SL at...
Hello World! This is my first idea posted publicly. I welcome criticism as long as it is constructive, if not I will not engage with you. I'm excited to hear others perspectives and ideas, also I am and always will be a student of this wonderful force called markets. There isn't much to say as the chart has been annotated to be self explanatory, and the obvious...