Fib retrace to 10.2k possible in coming days. {image}
#BTCUSD / H4 / Two Ideas {image}{image}
{quote} {quote} Ok, great, trade won, it surpasased the higher end (1%, see above post) of bet price change... You could argue that it moved 1% in the opposite dirrection (up) even sooner, but hey, I am glad both directions/traders could win, at least at this timeJust maybe have to find better broker now, for spread... If I should bother really.. at those price changes... might not even need the leverage, so no need for some broker maybe, just good exchange...
Update on my BitCoin short: {image} Isn't always the case that when you demo trade things seem to work out that make you look like a "genius"? I am very pleased with the way this trade is moving at this point. Trading volume on the daily chart (on the right) is increasing as long positions are now stopping and or more short entries are increasing. However the weekly perspective (on the left) is still a bit "light" in trading volume, and at least at this point the selling (while dominant) is still a bit "slack" and not yet at the level I would...
Because FX/crypto etc... are one of the not so few businesses where DEMO=REAL, yeah putting emotions, personality aside... but If one can make 10% in DEMO, he can make 10% in real... assuming the boker has REAL demo accounts that are linked to real market and act as real, just with demo money.. It is tottaly different to like poker, when DEMO/virtual money games are total waste... you can be a big winner, but when you move on REAL, you lose.. Whats more... fx/crpyto is totally scalable.. unlike, again, poker games.. where when you move up, higher buy-ins, more pros.. etc... game changes completely! And winners can become losers very quickly... Not so in this.. .. So keep up the good work.... demo or real, the JUICE is what counts, specially consistent
{quote} Thank you for the encouraging words...I appreciate your sentiment...especially after my very public screw up on Gold (that one was live)....oh well. It is what it is. My methodology still works even if I lose...
When I began trading for example, 10+ years ago at eurusd... I began with 200PIP trades (yeah, much more activity back then... and I found out that it (seems) doesn't work.. but some days later I saw that it does, just with OFFSET.. even the pattern was almost the same, just delayed, offset, like parallel... Its also hard to get all the elements in one person that would resolve in perfect trades.. I am a strong believer in breaking down trades/ers into compoments and to glue those together in one TERMINATOR One is good for stability, one for discipline, one for following the plan... trading the plan.. one for longterm price prediction, one daily.. one for optimal harvest... math-stat analysis etc... And people expect that to be in ONE person... and the most optimal version that is .... I'm getting crushed on my long.
{quote} And now I'm getting absolutely murdereddddd.
{quote} Lol ....got crushed on Tuesday too. Will look at levels today and try follow the big move intraday wise
{quote} Yeah man bad day for the bulls.
{quote} Hm.. Im thinking, will decide in a week tops... to dedicated one TE to this... It seems this downtrend trend might last for the timeframe (would want to estimate it as much as possible)... I will open SHORT now.. with x2 leverage... TP10,00
Very true about 200 ema. We see how after struggling around 1hr ema 200 it gave up.
Who are the stupid idiots selling this thing right now?!?!?? Probably the same greed mongers who are taking my money!!!
#BTCUSD / H4 / Two Ideas
