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  • #56,141
  • Dec 14, 2024 7:23am Dec 14, 2024 7:23am
Quoting Elliottway
{quote} Let’s turn this into an analysis competition and see who can come out on top! Please feel free to share your analysis, and I’d be happy to validate it.
You will validate my analysis?
  • #56,142
  • Dec 14, 2024 7:33am Dec 14, 2024 7:33am
Quoting Azen
{quote} You will validate my analysis?
We can focus solely on BTC/USD in live trading right now. I am ready to begin, and I believe that taking action without unnecessary discussion is the best approach.
SURFER
  • #56,143
  • Dec 14, 2024 7:38am Dec 14, 2024 7:38am
Quoting Elliottway
{quote} We can focus solely on BTC/USD in live trading right now. I am ready to begin, and I believe that taking action without unnecessary discussion is the best approach.
Are you still trading on a Saturday??? So Monday to Friday wipeout is not enough? What is your ANALysis on bitcoin?
  • #56,144
  • Dec 14, 2024 7:48am Dec 14, 2024 7:48am
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  • #56,145
  • Dec 14, 2024 7:52am Dec 14, 2024 7:52am
Quoting Azen
{quote} Are you still trading on a Saturday??? So Monday to Friday wipeout is not enough? What is your ANALysis on bitcoin?
Entered short, aiming for a simple 50-pip target. Nothing too crazy, just a little weekend adventure in the market. just validate if you can.

Entered short at 101213..
SURFER
  • #56,146
  • Dec 14, 2024 7:54am Dec 14, 2024 7:54am
Quoting Elliottway
{quote} Entered short, aiming for a simple 50-pip target. Nothing too crazy, just a little weekend adventure in the market. just validate if you can. Entered short at 101213..
Where is the analysis in that? Why did you enter an adventure short?
  • #56,147
  • Dec 14, 2024 8:02am Dec 14, 2024 8:02am
If forced at gun point now I would rather buy bitcoin.

But on a normal day, I see it as a high probability bullish day because it opened outside of previous value area, although price is advertising lower to find buyers, if no buyers is interested, certainly it will seek to move lower. I don't like to buy this price now because my stoploss will be too huge if I force a buy trade unless.... So most probably I will wait for a buy but considering this wicky candle hovering above 101,000, it appears that buyers are interested in this price area.

I trade in real time, I don't forecast like those who usually post here.
  • #56,148
  • Dec 14, 2024 8:04am Dec 14, 2024 8:04am
Quoting Elliottway
{quote} Entered short, aiming for a simple 50-pip target. Nothing too crazy, just a little weekend adventure in the market. just validate if you can. Entered short at 101213..
Why are you deleting your ANALysis?
  • #56,149
  • Dec 14, 2024 8:06am Dec 14, 2024 8:06am
Quoting Azen
If forced at gun point now I would rather buy bitcoin. But on a normal day, I see it as a high probability bullish day because it opened outside of previous value area, although price is advertising lower to find buyers, if no buyers is interested, certainly it will seek to move lower. I don't like to buy this price now because my stoploss will be too huge if I force a buy trade unless.... So most probably I will wait for a buy but considering this wicky candle hovering above 101,000, it appears that buyers are interested in this price area. I trade...
just validate 101500 is it best selling price for 100 pip profit. Because, i am going to sell
SURFER
  • #56,150
  • Dec 14, 2024 8:06am Dec 14, 2024 8:06am
Quoting Azen
I don't forecast like those who usually post here.
I'm guilty...

The_New_Disciple

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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #56,151
  • Dec 14, 2024 8:07am Dec 14, 2024 8:07am
Quoting Azen
{quote} Why are you deleting your ANALysis?
stop-loss wrongly placed. Should be 101500 above.
SURFER
  • #56,152
  • Dec 14, 2024 8:08am Dec 14, 2024 8:08am
Quoting Azen
If forced at gun point now I would rather buy bitcoin. But on a normal day, I see it as a high probability bullish day because it opened outside of previous value area, although price is advertising lower to find buyers, if no buyers is interested, certainly it will seek to move lower. I don't like to buy this price now because my stoploss will be too huge if I force a buy trade unless.... So most probably I will wait for a buy but considering this wicky candle hovering above 101,000, it appears that buyers are interested in this price area. I trade...
I always choose a high probability low stoploss position. I don't force a trade unless market participants aggressively entered signaling a directional move.
  • #56,153
  • Dec 14, 2024 8:14am Dec 14, 2024 8:14am
Quoting Elliottway
{quote} just validate 101500 is it best selling price for 100 pip profit. Because, i am going to sell
I don't really know. That price area is around the middle area for me so stoploss will have to be huge if I force the trade, I prefer to trade on the sides.
  • #56,154
  • Dec 14, 2024 8:16am Dec 14, 2024 8:16am
Quoting elliottway
{quote} stop-loss wrongly placed. Should be 101500 above.
why did you sell? For what reason?
  • #56,155
  • Dec 14, 2024 8:17am Dec 14, 2024 8:17am
Quoting Azen
{quote} I don't really know. That price area is around the middle area for me so stoploss will have to be huge if I force the trade, I prefer to trade on the sides.
I understand your point about the price being in the middle range. I agree that aiming for a 100-pip profit might require a significant stop loss if the trade is forced. I’ll consider waiting for a more defined price action near the extremes or a clearer confirmation to minimize risk.
SURFER
  • #56,156
  • Dec 14, 2024 8:19am Dec 14, 2024 8:19am
Quoting Elliottway
{quote} I understand your point about the price being in the middle range. I agree that aiming for a 100-pip profit might require a significant stop loss if the trade is forced. I’ll consider waiting for a more defined price action near the extremes or a clearer confirmation to minimize risk.
Your stoploss should be hit by now. I thought you have superpowers in analysis. Can you share why did you sell? Because it might dump now, who knows?
  • #56,157
  • Dec 14, 2024 8:56am Dec 14, 2024 8:56am
Quoting Elliottway
{quote} We can focus solely on BTC/USD in live trading right now. I am ready to begin, and I believe that taking action without unnecessary discussion is the best approach.
It's almost 12 midnight here so I have to close this position because I'm too sleepy, I cannot observe it in real time. I should have been resting until tomorrow.

I bought this instead of btc because it has better positioning for me. I hope I took action instead of doing unnecessary trolling discussion. I hope you can share your super analysis so we all can learn from what you "discovered an effective way to analyze the market".
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  • #56,158
  • Dec 14, 2024 9:32am Dec 14, 2024 9:32am
Hey Buddies
which one is the best app for trading which carries no charges on taking long-short, deposit-withdrawal ?
  • #56,159
  • Dec 14, 2024 9:53am Dec 14, 2024 9:53am
Quoting Lloyd628
{quote} I'm guilty... The_New_Disciple {image}
https://www.instagram.com/p/DCMIDTttmov/
Candlesticks dont move markets, Volume does
  • #56,160
  • Dec 14, 2024 10:58am Dec 14, 2024 10:58am
Quoting Azen
{quote} It's almost 12 midnight here so I have to close this position because I'm too sleepy, I cannot observe it in real time. I should have been resting until tomorrow. I bought this instead of btc because it has better positioning for me. I hope I took action instead of doing unnecessary trolling discussion. I hope you can share your super analysis so we all can learn from what you "discovered an effective way to analyze the market". {image}
What is happening? The stop loss has still not been hit. In any case, the price will eventually come down to my target. Why are you waiting for me?
SURFER
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