Now that I’m Officially Bearish….watch BTC turn bullish instantI’ve been stop lossed two times now trying to enter bullish position at $41K and $39.5K yet Bitcoin still wants to drop over 15% after the “Russian pump” now all i can do is turn bearish and target $28K as my take profit.
super disappointed to see this whole thing collapse and the FED threatening to kick us while we are down. This seems like a huge play to just give institutions the ability to start buying in at the lowest floor ever its officially a SCHEME like stock markets. No confidence, no volume despite the news reporting so much volume this and that = GARBAGE/PROPOGANDA.
The agenda of mass media is striking fear into everyone, making this about “Russian Citizens Evading Sanctions” when really the government just wants to tax the living hell out of crypto and monitor everything under their filing cabinet. The war on terrorism now gives governments ability to lock people out of their federally funded capital no questions asked. Now they want to be able to deny basic rights to even transact crypto based on where you live and next it’ll be your political views, religion, race, etc…..Tyranny
Technical Analysis is great, but it doesn’t overpower the lack of human ability to think rationally or educate themselves. We are people, we are stupid, and buy in at the top and sell at the bottom is the new motto for this new generation of investors. I’m sorry to rant but I’m bearish AF, should have been back when we rejected $45K four times before.
Loss
Educational: Two ways to take from the marketsOf course there are many ways to take chunks out of the markets. Hundreds of methodologies are out there. And the markets are experts at taking chunks out of you and your account.
In the 4.5 min video I briefly show two types of 'attacks' on the market:
1 - Strategic
2 - Tactical .
Strategic
In the strategic approach (which could be any methodology), you plan very carefully over days. You're a 'sniper', hunkering down in the bush - you make very few movements - you're watching the enemy and waiting for best conditions and opportunity. You suffer sleepless nights. You suffer cold wind, rain, snow, muddy rivers, insects biting you. (These are the scenes from the movies and in realty that are well known - I'm NOT promoting violence or war).
And despite all that, you endure. When it's right, you fire one shot! Your 'kill rate' is so good, that one shot is all you need. So the above analogy in market terms, is similar - waiting planning, suffering, and watching those charts, for that one high precision trade.
Tactical
Right - in this scenario you're at the frontlines doing hand to hand battle with the enemy. You are loaded with armaments, and you use whatever you need. Look - frontline battle is battle - nothing nice about it. In market terms, this is where you get down and dirty - that's why it's called scalping! In scalping you're making short term moves. You're not planning an attack - you're attacking. The enemy - the market - is there to take your heart out (aka your account)! It's either you want to be in that sort of battle or not. But if you're there, you have to have the right knowledge, skills and experience - else you'll be taken out.
Making the money
The money-making is not in the methodology - it is all about you! If your 'knife' doesn't work well, you're to blame. Don't blame the charts or the tools you use.
Can you be both a strategist and a scalper? Of course you can. There is no law saying that a trader can't be both.
Conclusion
As a knife when used carefully can create good things, using it the wrong way can be dangerous to your safety or that of others. How you use the tool, is a matter of skill and experience. Are you fit enough? Do you have the right knowledge, skill and experience? Avoid the Dunnnng-Kruger effect as applied to traders (for reading about on the net).
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
MATICUSD long Trade 2 of 2022Entered on bounce off 1.70 support at 1.7474. With a stop at 1.695. unfortunately my mistake was not atually setting the hard stop and selling at 1.566 instead. bitcoins decline also had some say in the outcome of this trade and i should have been more aware of the market conditions. shorts are printing and ive been going long.
-10% and -540$
0/2 so far
AUDJPY(1D) - KILLZONE AHEADIt's a killzone. It doesn't mean you're going to make tons of money.
In fact you have a better chance of losing money.
Unfortunately - I tend to talk more about losses, cuz it's the most important thing in trading to control. Sorry!
Assess your ATR, on this time frame. Know your acceptable loss. Control the loss if shorting in the killzone.
Prepare to lose! All traders need to do that!
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Possible Short opportunity on EUR/USD resistance zone 15m TFSince the early morning the EUR/USD price is working on that 15m TF resistance zone.
This is also in confluence with the 1h chart.
I would personally set my profits as on the screenshot and may extend the stop loss to like an ATR something like above one of the last highs (depending on your strat.. - see the arrows)
You could also set a third TP like on one of the stronger bottom swings.
Keep in mind that we're in an overall downtrend:
Maybe keep an eye on the RSI for oversold scenarios.. But well also depends on your strat so :)..
DEFI: CRO-ETH LP pair with imparmanent loss 36% and 0%This demonstrate the imparmanent loss in a LP pair where the other has higher variance in comparison to the other crypto coin.
The imparmanent loss can become zero if you are patient in holding the pair and the coins revert back to each other.
Ps. I use the following calculator in demonstrating this (dailydefi.org).
Impermanent loss of 20% with CRO-SHIB LP pair during 60 daysThe return rate of SHIB-CRO LP pair is 0.2% per day, currently in Beefy.Finance.
The compound interest for 60 days is 12.7%
exp(0.002*60) = 1.12749685158
close to 0.002*60=12%.
So with this LP pair with 60 days, you would not make a breakeven despite the daily return due to impermanent loss.
ETH Loses Key SupportEthereum Price Analysis: ETH Loses Key Support, This is The Next Level to Watch If Downtrend Continues.
Not only the ETH price dropped below $4,000, but it also closed below this key level on the daily timeframe. If no surprises will take place, today will be the first time since October 19 that ETH is seeing a full candle body below the significant $4K mark. This put an end to the bullish trend, at least in the short term.
Key Support levels: $3750, $3,000
Key Resistance levels: $4,000, $4,500
Last week, the weekly MACD went through a bearish crossover which was an early sign that the uptrend may reverse. Yesterday, ETH broke below the key support at $4,000 and closed the day under this key level. In doing so, ETH confirmed the change in the trend and also broke beneath a significant trendline that has held the uptrend since March 2020 (see the dotted line as shown below).
Following the breakdown, the $4,000 level now becomes a key resistance. In addition, ETH is currently trading below the 100-day moving average line. If this downtrend continues, then the next critical support levels for ETH are found at $3750 and $3,000.
Liquidity and wycoffTwo trades I had taken on the pound dollar on thur-fri. In my opinion understanding what liquidity is and why it drives price is extremely important if u want to have any success. Understanding that if you don't enter on someone else's stop loss ; some one will enter on yours and that its a 0 sum game. Just remember when you enter a trade there is someone else entering the opposite trade at that exact price, think how that can be exploited
TATAMOTOR RETAILERS CAUGHT ON HIGHER LEVEL IN JULY -2021 HOW???In any stock breakout is very important, At the day was in july where TATAMOTOR fallen 10% and hit the LowerCircuit, That level was unexpected it has did breakout for UC and suddenly on fall has destroy all analysis.... We should be learn from this never enter in opposite direction breakout in any scripts..... Example is here where as intraday trader has did how much big loss and If i think about Option buyer trader..... I can't say what he/she felt.... Witout SL peoples ki to baaat hi kuch aur hogi.... So ultimately We should learn here Opposite breakout, Skip that stock.... And SL put surely.... Target bad me rakhna pehle SL rakhna Zaroori hai.
Sabse badhia baat bataye to inidcators ne pehle hi sanket de diya tha ki ye bearish trade hai bullish breakout consider kar hi nahi sakte hum.
#Education_purpose_only
#Learnfrompasthistory
#Biggestfallintatamotorsinjuly
#history
#Learnbeforeearn
When the public wakeupWhen the public wake up, the bear will arrive and stay.
The company started to produce very low quality products a few years ago, and it has greatly increased sales as a result.
Whirlpool, owner of Brastemp and Consul, is absolutely hated in the US and also in Brazil. If you have any doubts, go to googlemaps and write whirlpool and see the reviews, then look for the tecbras company that assists brastemp and consul.
The story is like this: producing garbage, which breaks down in a short time, with the policy of selling extended warranties and selling garbage to those who are not willing to pay, they are filling the market with bad products. So much is a purposeful pattern, that the assistance is terrible and not the bill, and aiming to tire consumers to assume the loss, they have the minimum legal to say they have assistance, but with the sole purpose of playing the loss to consumers.
Look in the forums, and you will find that the image of Brastemp and Consul is absolutely degraded and negative nowadays, except because they have no ethics whatsoever and exclude complaints from the networks. But it's not like that with American social networks, nor on Brazilian Instagram> I recommend this one, see the overwhelming majority of hateful consumers.
With a bad brand, bad products, the company will stop selling, and at some beautiful moment, not far from now, it will plummet quickly, and will never rise again. We just don't know what time it is. So if you are a daytrader, ok, take advantage. But if you are an intelligent person and aware that it is a mafia, malicious and negative company, and that it has a bleak future due to a super malicious administration, you would choose to invest in other shares of companies that do not treat their customers as disposable garbage. , in an absolute indifference and disrespect.
I insist: research Whirlpool's reputation; Mainly in American forums!!!! And on Brazilian instagram!!! @Consul and @Brastemp!!! These highs are because of recent misleading sales, the tide will turn and will not rise any further.
If you don't believe it, not even with all the public evidence I've pointed out, well, it's because you would actually sell someone in the family to make money (remember that someone in your family will buy it and still be angry with these brands).
A bad idea, Whirlpool will sink soon.The company started to produce very low quality products a few years ago, and it has greatly increased sales as a result.
Whirlpool, owner of Brastemp and Consul, is absolutely hated in the US and also in Brazil. If you have any doubts, go to googlemaps and write whirlpool and see the reviews, then look for the tecbras company that assists brastemp and consul.
The story is like this: producing garbage, which breaks down in a short time, with the policy of selling extended warranties and selling garbage to those who are not willing to pay, they are filling the market with bad products. So much is a purposeful pattern, that the assistance is terrible and not the bill, and aiming to tire consumers to assume the loss, they have the minimum legal to say they have assistance, but with the sole purpose of playing the loss to consumers.
Look in the forums, and you will find that the image of Brastemp and Consul is absolutely degraded and negative nowadays, except because they have no ethics whatsoever and exclude complaints from the networks. But it's not like that with American social networks, nor on Brazilian Instagram> I recommend this one, see the overwhelming majority of hateful consumers.
With a bad brand, bad products, the company will stop selling, and at some beautiful moment, not far from now, it will plummet quickly, and will never rise again. We just don't know what time it is. So if you are a daytrader, ok, take advantage. But if you are an intelligent person and aware that it is a mafia, malicious and negative company, and that it has a bleak future due to a super malicious administration, you would choose to invest in other shares of companies that do not treat their customers as disposable garbage. , in an absolute indifference and disrespect.
I insist: research Whirlpool's reputation; Mainly in American forums!!!! And on Brazilian instagram!!! @Consul and @Brastemp!!! These highs are because of recent misleading sales, the tide will turn and will not rise any further.
If you don't believe it, not even with all the public evidence I've pointed out, well, it's because you would actually sell someone in the family to make money (remember that someone in your family will buy it and still be angry with these brands).
RSLS ReShape Lifesciences Global Weight-Loss Leader | $ TargetOn 6/17/2021 Alliance Global Partners brokerage Boosted the Price Target for RSLS ReShape Lifesciences stock from $12.00 to $18.50!
ReShape Lifesciences is America's premier weight-loss solutions company.
The FDA-approved Lap-Band® program provides minimally invasive, long-term treatment of obesity and is an alternative to more invasive surgical stapling procedures such as the gastric bypass or sleeve gastrectomy.
The ReShape Vest™ System is an investigational (outside the U.S.) minimally invasive, laparoscopically implanted medical device that wraps around the stomach, emulating the gastric volume reduction effect of conventional weight-loss surgery. Reshapecare™ virtual health coaching program is a virtual telehealth weight management program that supports lifestyle changes for all weight-loss patients, to help them keep the weight off over time. (accesswire.com)
My price target is 12usd short term.
STOP LOSS: Your saving angelWhat is a stop loss?
Why do i need to use it?
Why should i listen?
Stop loss is designed to limit an investor's loss, it is built FOR YOU. It's like fighting a boss without a weapon, yet there are multitudes of weapon ready to be used for you beside you.
Why should i use a stop loss when my liquidation is far?
MARKET VOLATILITY IS AT THE HIGHEST RIGHT NOW, not only cryptocurrency, but also stocks and commodities. The world is in shambles, and with 90% of the world experiencing a loss, we want to be in that 10% profiting from the volatility.
I won't explain further how to set stop losses in binance or huobi, you can always do a simple google search or watch 2 minute videos on youtube. Literally. Sorry i cannot place any links in here.
I know this is short, but long posts are generally skipped by most of the newbie traders like me. Lets hope we all can be millionaires soon.
May you all and i be blessed with good luck.
10/20Twas an L. Execution was good. honestly I was looking for buys in this range I dont know why I took a sell. was already in a nice setup for the day. for sure could say that this was forced. o well. onto the next. risk was controlled. winners are bigger than my losses. I believe that my series of trades will work