Live trading 2
Updated
I'm making a new post to show ideas on trading everything outside of crypto.
Once the crypto bubble is over I will join it to the rest.
I would like to write down what tickers I look at, I sorted them as to be able to catch plenty of opportunities but not get overwhelmed by having to watch plenty of charts all the time and remember each of them. What I do is I main 3 charts and try to know them perfectly, and the rest I will look at if certain conditions are met.
I really love this way of doing things, I would recommend it.
* I will look in depth, regularly, to the following: EURUSD BTCUSD USDJPY. Try to know everything about those.
* From time to time, if they are running into a big support/res, I'll check: USOil - Gold - AUDUSD - USDCHF - USDCAD.
* And only look at these if they are extremely oversold/bought:
Indices: US30 or SPX500 or NAS100 - UK100 - HKG33 - AUS200 - EUSTX50
Cryptocurrencies: ETHUSD - LTCUSD
Commodities: NatGas - Silver - Copper
Currencies: NZDUSD - GBPUSD
I think that's a great way to do things ^^
There hasn't been much going on today, I got an alert for NatGas but I didn't look because I needed to stay away from charts.
Anyway, I think I'll wait for the tickers in my tier 3 to be even more extreme.
I don't know these well and looking at new things all the time and calculating my risk etc it's just exhausting at some point.
Better take it slowly until we acquire more experience :)
No point starting a sprint full speed and then burning out after 1500m.
Once the crypto bubble is over I will join it to the rest.
I would like to write down what tickers I look at, I sorted them as to be able to catch plenty of opportunities but not get overwhelmed by having to watch plenty of charts all the time and remember each of them. What I do is I main 3 charts and try to know them perfectly, and the rest I will look at if certain conditions are met.
I really love this way of doing things, I would recommend it.
* I will look in depth, regularly, to the following: EURUSD BTCUSD USDJPY. Try to know everything about those.
* From time to time, if they are running into a big support/res, I'll check: USOil - Gold - AUDUSD - USDCHF - USDCAD.
* And only look at these if they are extremely oversold/bought:
Indices: US30 or SPX500 or NAS100 - UK100 - HKG33 - AUS200 - EUSTX50
Cryptocurrencies: ETHUSD - LTCUSD
Commodities: NatGas - Silver - Copper
Currencies: NZDUSD - GBPUSD
I think that's a great way to do things ^^
There hasn't been much going on today, I got an alert for NatGas but I didn't look because I needed to stay away from charts.
Anyway, I think I'll wait for the tickers in my tier 3 to be even more extreme.
I don't know these well and looking at new things all the time and calculating my risk etc it's just exhausting at some point.
Better take it slowly until we acquire more experience :)
No point starting a sprint full speed and then burning out after 1500m.
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I'm watching NatGas & UK FTSE100 indice & Gold, ready to trade one of them if they get where I want.I think I can trade all 3 at the same time, won't go in big.
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Wow gold going waay waay down haha yeah not touching it unless it goes much further down.Note
Where is bottom? There is no bottom!I rather miss out 100 times than buy now lololo
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Saw it comming so easy lolNote
I wonder what is going to happen with USDCAD here...I only short it if it goes to the red line, but watch what happens at blue one out of curiosity
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Yeee just going to wait on Gold and risk missing out.If it goes to support I see a mega bounce thought.
Could grow my account BIG with little to no risk :D
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I don't like gold anyway, can't eat it, can't drink it.One of the half dozen tickers I'm watching is going to give me an entry and I'll rekt every one muahahaha.
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Hopefully we get a shot at longing EURUSD today. Best ticker ever.There's so much support and fibos in that area we can't see anything anymore :)
I could have shorted USDJPY yesterday, but missed it, it all happened while I was setting alerts on a dozen other charts, that all did nothing... Unlucky.
Gold had a dead cat bounce I believe, and I wish it goes way down so I can buy and make something here.
I'm fantasasing about getting my money out of crypto as it's a waste of time now.
But I'll wait a lil longer who knows...
Gold stayed way volatile during it's bubble, why can't Bitcoin and cie be too?
Because of that dumb manipulation that has been going on convincing people to buy to pump the price but never sell?
The problem with this ridiculous space is all the people that know nothing about money management and get dragged and get scammed into there because they want to get rich quick just wait weeks or months at a time for bigger fools to come and buy ("quick"), so we get periods of long boring nothing, very often.
Wait and see what happens in summer, if we start spending weeks at 6000$ "just HODL some bigger fool will come and buy" I highly recommand pulling most money out, because even if and when it explodes downwards rapidely, it won't be that interesting to trade it until $3500 there's no guarentee any support will hold till that. High risk low reward...
Oil. Ah. With all that troll "protecting the innocent getting a better deal I'm a business man" to allow Saoudi Arabia to increase Oil price, this thing will just keep going up. Won't be suprised we see a war "for democracy" to bring that 100+ billion dollar a day market up 30%
On the way up thought, since that's how humanity works, they will be retraces with 99% certainty.
I don't know how long it will take to get there, but I have high hopes on this one
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Yes! Just a bit more, don't bounce yet. Just has to go there in the next 1-2 hours.Trade active
Long EURUSDNote
Possible fib bounce for gold.I didn't study the chart enough to take that trade, I'll only long if it drop further.
EURUSD could be bouncing now, other wise next level is the 0.382 of yearly bull run + support at the same level too. Just a waiting game now...
Hope it bounces quick so I can make in a few hours more than I made in the past 3 weeks in crypto and finally decide to quit.
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0.00001 from than target then turn the other way...Whatever. If we go down great I long even more.
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I cashed out 2/3 very careful, but with what's left I'm aiming for the stars.Should take a few days.
If get there I'll make a post "goodbye cryptocurrencies" as I will have made more in one few days trade than 2 months in crypto.
I'll still trade crypto major moves, but wo'nt waste my time with these pathetic 5% moves after 3 weeks of consolidation.
TO THE MOON!
I want a diamond medal I want to be the best I am aiming for the billion!
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FINALLY BROKE THAT RESISTANCE AND GOING MOON.ITS STILL GOING. TARGET WAS UP HERE COME ON BABY YOU CAN DO IT.
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Trade active
Time to short USDJPY on top or EURUSD trade, real quick. Let's make a few hundred bucks real quick grow that freshly created trading account.Gold struggle <3 "We can still win".
Not touching it for a while, already on 2 trades anyway I think that's enough for now.
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Yen running into some resistances and major fibo too, not too worried...Note
AND I'm shorting UK FTSE 100, too much green for my taste, overbought as hell and running into a resistance.Note
Dollar versus Yen going strong, it appears to srespect fib's so that's the area I'll watch for a pullback. My entry on this was not great, I should have gone smaller, oh well it's fine.Sometimes it works... here it retraced on 0.382 so why not on 0.5...
There's some resistance around too.
EURUSD had a little bounce, but is that it? Can it just lose support without going up first?
Even if we fall a bit I expect a bounce. I cashed out 2/3 on the 0.7 fib bounce, and if we go down now i'll buy more.
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Good guy Euro just touched my buy order and then ran the other way, I'm already at a big win, it BETTER KEEP GOING!Yen went into sell zone and now going down, didn't get to 0.5 fib yet, let's see...
Barely missed UK100 (second sell order).
And Bitcoin, doing NOTHING as usual, wasting my time, being useless and worthless can't get to 0.618 can't get to short zone just playing dumb or something...
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Big win on the euro, I took profit (acc 3% up on that alone) but still have plenty left, I think it can easilly go higher. Maybe i'll use a trailing stop loss, I don't know I probably get scammed if I do this.In a few hours I'll see how it goes and try to figure a target...
Still waiting on the other 3. I'm shorting all these 3. On the Yen it's going down but it didn't get to my big order, so I opened medium size lower than where it is now and 25% of that higher than it is now has to retrace more than this for me OR get higher where I short twice as much, THEN retrace. That 0.5 fib lookin' good!
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If AUD keeps going higher good idea to start shorting it, on the pink line for starters...Check fibo later
Yen keeps falling, sad I had a bad entry, was at work (as usual) and quickly started a trade without noticing it has retraced slightly. Still going to be a win, just smaller.
Trade active
Aaand now shorting the australian dollar. How dare it go up against the usd?Time to go down boy!
My previous trades are going ok:
I'm keeping an eye on all of this too:
I got some alerts on indices as well as NZD/USD and GBP/USD but indices & these pairs don't interest me that much. I'll only look if they go really extreme.
I would also like to look at crypto alts, ETH LTC but also maybe a few others NEO maybe ripple or anyone that gets extremely oversold/bought, but they depend on BTC anyway... whatever. I have some tether on binance to trade shitcoins. Haven't set any alerts yet, later, later... When BTC goes down to 4600 (and later 3500).
Damn thing is going so slowly anyway, mayeb when BTC crashes 7700$ --> 6600 some alts will be interesting, if that happens...
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Tom Hall published an idea which I like.
If we go up that much this will be such a big win for me, closing my position up there + what I took already = account 20% up!
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I closed a part of my EURUSD to be safe as it was going down...Might have gotten scammed here.Now it's exploding up.
It broke 1.18, next challenger 1.19 I'll close some there if we manage to get this far.
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Everything going well, AUDUSD and The UK indice which I went small on and am prepared to scale are going agaisnt me, this is what I want, Euro to the moon I'll scale out progressively to make sure this stays a big win, Yen kinda going my way but not good enough yet. Oh and Bitcoin...zzzz waste of time. BagHODLers are waiting for a miracle buyer, I think we reach 6600 in 2 weeks. Might as well swing trade stocks...Note
I'm expecting UK indice to maybe go a bit higher, then end up re-testing its ath as support, just like it did last time actually.It just kept going up, has to go down at some point.
I started really small but now I'm shorting bigger I don't give a f. TO BATTLE!
My other trades are going slowly except maybe AUD.
BTC EUR and YEN are just slowly moving...
I took most of my profit on EUR in a few hours, and then the rest of the move is sloooow. I don't care I can hold what's left of that position for days only costs a bit of rollover, doesn't bother me.
Best way to trade, just have no rule. There is no day trading there is no swing trading, just do whatever the f you want to do. Cash out 50%, then ride your winner, if it takes 10 days to reach target then so be it, you still have plenty of equity to take other trades.
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Don't really have targets yet, and don't need any except for AUD.Only when they move more I'll check one.
AUD rejected daily guppy's actually. I shorted a bit low but it's all good. It didn't get far enough to trigger another order bigger, doesn't matter still a win.
Where should I start taking profit???
I guess a bit on 0.382 just to make sure, then a bit more on 0.5, and after that we'll see, I don't really see anything stopping it for a while...
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So now currencies are not doing much but crypto is :DI think a bounce on 7500$ is possible, but don't count me in, I will hold my short till 7000 at least. Short it to the ground! I start going long when we go below 7000.
I'm looking at stocks a bit I want to diversify, but it will be a couple of months till I get in. When/if I have time I'll hunt for retail investors panic sell offs to buy, and maybe I will trade more long term stocks too, abuse these market cycles invest and wait months or more. I want to be an octopus with arms everywhere on every single asset!
I recommend diversifying but if you start day trading 50 different tickers through 5 different assets you can quickly start fking up so careful :p
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Every thing going well :)I will close my short on the australian dollar soon, 40 pips is enough I don't know that pair well and don't want to spend hours analysing it to figure what target could be.
USDJPY, waiting for 1% to lock in profit then riding the rest till dialy guppy's :) Soon I can cash out some I hope.
Bitcoin finally falling, even sooner than I imagined! I keep my short open till 7000$, I don't see anything stopping BTC till ~6600$ (probably gets overcutted).
EURUSD w/e I'll wait.
Trade closed manually
Not really going up & 4HR inside candle bear break on the EURUSD I am out.No point risking it.
Now I'll either short it if it goes up to 1.2 or long if it goes to like around 1.165.
Red candles everywhere lol. No matter the direction against the dollar or in favor.
Just red.
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Time to take profit on USDJPY imo! Especially for me that started shoritng a bit too low.Can go all the way to daily guppy's, wait and see now.
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Wow! I wasn't in bed for long. Actually overslept.Good thing I closed euro. I'm letting it fall for a while before going long.
Yen going so far! I got a trailing SL on half. for other half I'll wait for daily guppy's unless we go up.
UK indice going my way too, awesome!
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Dam USDJPY still going crazy!I got out now, another win, part of the reason is my entry was not good enough, rest of it is I just don't care. If that guppy's get reached it's probably going to be time to go long.
UK indice seems like it's going to test ATH 7800 as I expected, but I got out, it's not my problem anymore. Could go long there, but I probably won't bother.
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Got no trade going on anymore, except Bitcoin. So what's to look for next?I won't look at ETH LTC and indices unless Bitcoin goes to a certain level (for alts) or an RSI alert pops (indices).
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Going to go long on the british pound when it gets to monthly MA20 because it looks like it usually bounces here. We'll love all the guppy's so I'll go small and scale.I'd rather short this one...
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Doesn't seem like there's going to be much opportunity anywhere I'm looking except for crypto. I don't want to play Natgas anymore unless it goes way higher, the spread is just too much... Maybe I need to make a new account for futures.Need more opportunity... Once crypto is donzo I'm sending most of my crypto money to Interactive Broker as I am new to this and need low fees, and start trading stocks! Oh there will be pleeenty of opportunities, EVERYDAY. :)
This will be fun.
In the currencies, crypto and futures market (and cfd's) I think these are the best ones:
God Tier = Eurodollar
Tier A = USDJPY Bitcoin GBPUSD
Tier B = AUDUSD CADUSD USDCHF Gold
Tier C = Nasdaq (Or S&P500 or DJI it's the same) Oil Copper! German indice
Tier D = other indices metals nrj crypto alts
This until Tier C is what I will look at. And in a few weeks probably I start adding stocks to the mix, going to be fun :)
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Gold on the move!Otherwise not much opportunities in the 12 tickers I am watching.
Just Bitcoin.
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Stumbled on a dump on GBPCAD by chance as I was checking stats on several pairs.Time to long it!
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Oversold bounce in progress :)Target the red line
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Did not have time to check this chart before it hard bounced...Did not want to go in blind.
Gosh.
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