I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: “If bulls can breakthrough $6,500 resistance then I...
Previous analysis /position: Did not like divergences in buying volume/pressure. However volume profile showed too little resistance built up from here to $90 to make me change my plan. Maxed out my position when the green 2 traded above a green 1. Long from $68.09 Patterns: Pitchfork. Bull flag on the 1 hour chart. Horizontal support and resistance: Attempting...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: “Feels like we are hanging on by a thread and the last...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! 1-2 days: Breakdown bear flag | 1 week: 1000 Sats | 1-3 month predictions: < 1,000...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Patterns: descending triangle Horizontal support and resistance: S = 0.092 | R =...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: 75% chance we retest $6,800 | 25% chance $6,500...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis/position: Have been thinking/tweeting about shorting it Patterns:...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: “Expecting a 1-4 day correction following the daily...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: Perfected 9 on the TD' buy setup. “If you are not in a...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: “Expecting sharp reversal to the downside if we cannot...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis /position: Seeing indications that $6,800 would breakdown...
In the previous posts we discussed profit taking in different markets, profit targets, trailing stop losses, risk:reward, time horizons and how to identify a trend. Starting with part 1 is highly recommended. Best Indicators I have noticed that some indicators work really well when the asset is at or near all time highs and other indicators work best when...
In the previous post we discussed risk:reward, profit taking and trailing stop losses. If you have not read part 1 and part 2 then you are highly recommended to start there. Taking Profit Always taking partial profits, never making decisions for the full position. This is true when entering and this is true when exiting. It minimizes anxiety and...
IMPORTANT NOTE: If you are looking for a shortcut then this is not for you! This is for individuals who are enthusiastic about putting in the time and effort but may lack the structure. I plan out my trades through in depth technical analysis, risk management and market research. I believe that consistency is the most important factor in regards to trading...
In part 1 we discussed how to identify a trend and the importance of understanding the time horizon. Please start with that post so that you understand how I identify trends. Rules of Thumb The longer the time frame = the lower the risk The shorter the time frame = the higher the risk The higher the leverage = the higher the risk The lower the leverage =...
Before Entering Start the by writing down predictions for what I expect to happen before the end of the day. 1 day | 1 week | 1 month predictions: Make projections for what is expected to happen during the listed time frames Previous analysis/position: Review yesterday’s analysis to remember what your thought process was Patterns: Established patterns outweigh...
Previous analysis /position: Strong support at $6,800 and falling $1,250/15.21% over the last week led me to believe we should get a bounce to retest $7,250 - $7,500. Remain short ETH:USD from $450. Patterns: Wyckoff distribution with spring indicates that $6,800 is about to breakdown. 1h - 2h bear flags indicate that as well. Horizontal support and resistance:...
Previous analysis /position: Recognized the potential short sale entry on the daily cloud and urged caution due to lack of a bearisk TK’ cross, being close to major support at $6,800 as well as the daily TD’ Sequential being on a red 5. Remain short ETH from $450. Patterns: 1h bear flag Horizontal support and resistance: Strong S: $6,800 - $6,900 | Weak R: $7,050...