Don’t see much of value for me to get into today from a higher tf perspective.Seems like we were in a no mans land zone at the open. I’m in and out today with a bias towards 4470 before I stop buying
if you draw channels, which i rarely do, but this is good channel PA, the bottom touch of the channel on the 60 min charts is around 4423 on the december contract for what its worth. I'll be buying there, and averaging down if it breaks under.
I'd be surprised to see another dump at the open, but don't rule anything out. That would be 3 in a row. I'm patiently awaiting the numbers, and will evaluate in a few hours. We are dead smack in the middle of a channel on the 4 hour chart. I see absolutely no value here at this time.
Well I'm a pretty accomplished trader, so I'm assuming sommi is the one yelling at a cloud.
Trading crypto, plenty of value there. Predicting 500k bitcoin ? A fools errand. nobody knows the future.
At the end of the day, you're just another random dude on the internet trying to sell us your crystal ball. Crytpo has no intrinsic value. You could be right, or it could go to 0. 10 years later u still cant go to walmart to spend your bitcoin or ETh.
1 billion users in crypto by 2024 ...
when I was scalping very successfully, I was using 1 min charts and only scalping the first hour or two. If volatility is high u could trade another few hours. Long story short, there’s many volume patterns that develop in the opening 15 mins that u can study and memorize. Once u get a few for...
Everybody has losses. I’ve been on this forum since 2007 and have had my fair share of busted accounts. Thankfully, over the last few years I’ve done extremely well. Trading is a lonely game. People care about your gains about as much as they care about your losses. Best to keep everything...
Just want to calm everyone down a little lol. I’ve been short this week. No buying and averaging down into oblivion. I’ve done quite well and am short now as we speak
Strategy has worked well July and august. If I see some sort of “I’m fked” pattern I’ll take my losses. I try to adapt to the conditions. No strategy works all the time
yah I’ve been down to 1 contract, and just buy 10-30 point dips and book 20 points. I barely even actually trade anymore. Unfortunately today I decided to buy the highs