My group successfully trades the 1 min chart.
Quick lower t.f + higher t.f update: BEARISH - Lower t.f SHORT TRADES ONLY. Why? The price has broken below the red 2/1 on the Gann fan from the most recent pivot low ON THE 4 HOUR - THIS IS A VERY BEARISH DEVELOPMENT. Generally speaking, once the price is below this red 2/1 longing is a SUICIDE mission. All long trades should be avoided - even scalps. Why? Keeping money is more important than making money. However, yes, the price can make a bounce up towards the Blue 1/1 resistance, but that would be a BEARISH BOUNCE. Anyone talking about MOON should be, well ————————- (you fill in the blanks).
The best trades now are in and out short scalps on lower t.f (1 minute). How do I know? My group is killing the short game.
Larger t.f: high leverage trades should not be held. Lower t.f short trades are the best money.
Note: I am traveling but once I am back at my computer, I will dive into more details.
Happy holidays!
Quick lower t.f + higher t.f update: BEARISH - Lower t.f SHORT TRADES ONLY. Why? The price has broken below the red 2/1 on the Gann fan from the most recent pivot low ON THE 4 HOUR - THIS IS A VERY BEARISH DEVELOPMENT. Generally speaking, once the price is below this red 2/1 longing is a SUICIDE mission. All long trades should be avoided - even scalps. Why? Keeping money is more important than making money. However, yes, the price can make a bounce up towards the Blue 1/1 resistance, but that would be a BEARISH BOUNCE. Anyone talking about MOON should be, well ————————- (you fill in the blanks).
The best trades now are in and out short scalps on lower t.f (1 minute). How do I know? My group is killing the short game.
Larger t.f: high leverage trades should not be held. Lower t.f short trades are the best money.
Note: I am traveling but once I am back at my computer, I will dive into more details.
Happy holidays!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.