ONLY THE PATIENT DOGS STAY FAT IN THIS GAME!
Have your ever entered a trade, Let's say, the market was rallying upward or its in a Downtrend before you entered the amazing trade.
but then suddenly, immediately your order buy/sell order got filled by the exchange, TREND REVERSE ON YOU As*!
But everything was fine few seconds ago.... (THIS IS MY FIRST REAL POST, KINDLY LIKE THIS POST IF YOU WANT ME TO POST MORE)
Why? Why? Why,
No you must pull out now before it's too late and you loose all your money like the last time.
or wait o..... should you wait? it could possibly turn around now if I pull out.
Meanwhile Trade is still going in opposite direction........
-30%, No I must wait,
It will turn in the next resistance..
Trade still going...
(You started thinking) Was this a set up to hunt your stop lose by the exchange or is someone manipulating this market?
Booom!!
-45%, F!!!! F!!! F!! I give up... Closes Trade.
Boom!! Trend reverse Immediately your order was filled.
back to the trend you wished for.
Should you enter back or wait?
Does the above situation sound like someone you know?
Maybe you or......?
I understand, countless times I have been recked from FOMO and carelessly rushing into careless trading zones.
LET TAKE A BREIF LOOK AT ETH/USDT
THIS IS NO FINANCIAL ADVICE JUST MY OPINION
Currently in my opinion, it looks like the market will consolidate here between 152 - 176 and I expect this consolidation to last 2-4 days before breakout
chance are we breakout upward.
If you must trade this zone,
I would enter probably a long from 159 -176
with 1st TA = 164.59, 2nd TA as 176
But if you ask me I would say wait for the breakout, I would avoid this zones as the probability to loose money is over 65%.
But I understand that the current times needs immediate actions as man must EAT!
The breakout on back to uptrend will take place when price finally cross 178
after break out
POSSIBLE TA = 212.46
HOW DO I MANAGE TO STAY SANE IN THIS INSANE MARKET?
* I LEARNT THE HARD WAY THAT ONLY THE PATIENT DOGS STAY FAT IN THIS GAME!
*USE STOP LOSE BUT GET READY TO LOOSE..KEEP TRYING AND LEARNING BECAUSE IF YOU GIVE UP YOU LOOSE ALL!
* I AVOIDING MAJOR CONSOLIDATION ZONE
* YOUR LOSS IS SOMEONES GAIN IN THIS GAME, I GUIDE MY MONEY JEALOUSLY, IF I AM NOT SURE OF A TRADE, I DON'T TAKE IT
(DO'NT LISTEN TO THEM, 89% ARE ALREADY RECKED , ONLY LISTEN TO YOUR SELF IF THE MARKET DOESN'T FEEL RIGHT, IT''S PROBABLY NOT RIGHT.)
Have your ever entered a trade, Let's say, the market was rallying upward or its in a Downtrend before you entered the amazing trade.
but then suddenly, immediately your order buy/sell order got filled by the exchange, TREND REVERSE ON YOU As*!
But everything was fine few seconds ago.... (THIS IS MY FIRST REAL POST, KINDLY LIKE THIS POST IF YOU WANT ME TO POST MORE)
Why? Why? Why,
No you must pull out now before it's too late and you loose all your money like the last time.
or wait o..... should you wait? it could possibly turn around now if I pull out.
Meanwhile Trade is still going in opposite direction........
-30%, No I must wait,
It will turn in the next resistance..
Trade still going...
(You started thinking) Was this a set up to hunt your stop lose by the exchange or is someone manipulating this market?
Booom!!
-45%, F!!!! F!!! F!! I give up... Closes Trade.
Boom!! Trend reverse Immediately your order was filled.
back to the trend you wished for.
Should you enter back or wait?
Does the above situation sound like someone you know?
Maybe you or......?
I understand, countless times I have been recked from FOMO and carelessly rushing into careless trading zones.
LET TAKE A BREIF LOOK AT ETH/USDT
THIS IS NO FINANCIAL ADVICE JUST MY OPINION
Currently in my opinion, it looks like the market will consolidate here between 152 - 176 and I expect this consolidation to last 2-4 days before breakout
chance are we breakout upward.
If you must trade this zone,
I would enter probably a long from 159 -176
with 1st TA = 164.59, 2nd TA as 176
But if you ask me I would say wait for the breakout, I would avoid this zones as the probability to loose money is over 65%.
But I understand that the current times needs immediate actions as man must EAT!
The breakout on back to uptrend will take place when price finally cross 178
after break out
POSSIBLE TA = 212.46
HOW DO I MANAGE TO STAY SANE IN THIS INSANE MARKET?
* I LEARNT THE HARD WAY THAT ONLY THE PATIENT DOGS STAY FAT IN THIS GAME!
*USE STOP LOSE BUT GET READY TO LOOSE..KEEP TRYING AND LEARNING BECAUSE IF YOU GIVE UP YOU LOOSE ALL!
* I AVOIDING MAJOR CONSOLIDATION ZONE
* YOUR LOSS IS SOMEONES GAIN IN THIS GAME, I GUIDE MY MONEY JEALOUSLY, IF I AM NOT SURE OF A TRADE, I DON'T TAKE IT
(DO'NT LISTEN TO THEM, 89% ARE ALREADY RECKED , ONLY LISTEN TO YOUR SELF IF THE MARKET DOESN'T FEEL RIGHT, IT''S PROBABLY NOT RIGHT.)
Note
Hi every one, I hope everyone is making money. I am happy to say, we have hit two targets successfully already since the 5day 1st TA = 164.59
2nd TA at 176
I am expecting a lil pull back to 180 as we are currently on 183.239(sorry for not updating early when we hit the first and second target)
I expect a pullback before we hit 212 ore 3rd Ta
we have also successfully broke out of the down trend as expected. now we wait to hit 212.
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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.