So if there's one thing I've seen and learned, its that nobody really knows what is going to happen.
You can draw as many chart lines as you want, analyze support and resistance, buy sell zones, etc., none of it means anything.
For anybody new here, follow the 5 minute chart and only the 5 minute chart.
The patterns are very clear especially with the Parabolic SAR and candle patterns. Sometimes very starkly so, and contradicting anything anybody says.
Especially do not follow signals or do account management services, they will destroy your account and claim they've had success while you lose.
Take 2 small positions for every parabola/reversal, one to scalp, one to swing.
Add to winning positions on every 5 minute candle.
Cross over and add into 15 30 1 hour and daily trends when that is clear and shazzam, you've made money.
This same method applies to crypto as well as almost anything else.
Don't waste time trying to follow anybody's advice as to what is going to happen.
The market does what it wants to do and will never fit into anybody's expectations.
You can draw as many chart lines as you want, analyze support and resistance, buy sell zones, etc., none of it means anything.
For anybody new here, follow the 5 minute chart and only the 5 minute chart.
The patterns are very clear especially with the Parabolic SAR and candle patterns. Sometimes very starkly so, and contradicting anything anybody says.
Especially do not follow signals or do account management services, they will destroy your account and claim they've had success while you lose.
Take 2 small positions for every parabola/reversal, one to scalp, one to swing.
Add to winning positions on every 5 minute candle.
Cross over and add into 15 30 1 hour and daily trends when that is clear and shazzam, you've made money.
This same method applies to crypto as well as almost anything else.
Don't waste time trying to follow anybody's advice as to what is going to happen.
The market does what it wants to do and will never fit into anybody's expectations.
... the True North, Strong and Free
1
Range 3 Short, Risk 1.0% 224 pips, TP 1R BE+ after 75 pips gain {image}
