ETH/USD bOOM bOOM bOOMThis one is going to bring a lot of head turning, be dammed. I am just going to put this out there and if I am wrong so be it. But If I am right bow down on bended knee. LoL So here goes I may have hinted to this about a year ago but did not place much emphasis on it at the time. ETH is going to go down a dark road and may not come back. Let me explain BTC and everything down chain will explode and ETH and everything below it will fade into nothing ness. Yes You will not hear this anywhere else and maybe never will until all the guess work is over. I am here to tell you right now if your left standing with a single penny afterwards I will be surprised. It may temporally take off but do not be fooled it will soon crash. Now I do not like saying this at all I have been a long time ETH supporter, but things change. And this I promise will be for the good of everyone except those holding the bag. Don`t be a bag holder. All that energy will pour into BTC like a waterfall. Be ready be warned be a winner.
Happy Trading.
The Clock is ticking know the dates. Be informed.
Blown
Blowing up accounts can be a good thingIn this screencast I show some of my positions which are mirrored on my live account. I say that blowing up Tradingview paper accounts is a good thing. The present account has not been blown up for about a year, which is much better than before. I used to blow up an paper account every 3 to 6 months before. It's a very safe space to gain experience, to fail repeatedly but learning from the 'punisher' (the markets).
I show a couple key positions and how I thought about them.
I assert that a bit of common sense is useful when you know the characteristics of the instrument you're exploiting. But learning how each instrument tends to 'behave' can only be discovered by spending time and interacting in the markets. So I don't trust Wall Street - at all! I'll tighten my stops more aggressively if I'm in a very favourable position. Same for Yen pairs and Gold. USDJPY is relatively tame compared to other forex pairs just from my experience on 4H time frames.
I'm delighted to point the way for new traders. PM me questions if you wish but I don't give advice, sell signals or courses/services, or give hot tips. I believe in facilitating new traders to discover their own best methods which match their individual psychologies.