How to use EMA's as a beginnerIf you are getting started in trading, identifying a trend may not be the easiest thing to do. So here we can see a little example of how using EMA's such as the 20 and the 50 can help.
By placing your EMA's on the chart, you can use them on any TF, however just like every other indicator, the higher the TF the more value it holds.
EMA's can help us identify trends and we can spot what is known as dynamic support and resistance, where just like traditional support and resistance, the moving averages can now act as areas where the price can bounce or reject from as its trending. The further our EMAS move apart, the stronger the momentum is getting for that trend.
When the EMAS are moving very closely together it can help us to identify a ranging or sideways market that is not trending. A crossover can help us to identify the beginning of a trend that is about to start.
Always remember, these indicators should be used as confluences, and not to be relied on solely.
Educational
Supply and Demand zones and how to use themAs we can see above i have demonstrated how supply and demand zones can be used to help you analyse a chart.
Firstly we need to identify an absolute high and and absolute low on the TF we are using. The higher the TF the more valid the zones become. When the absolute highs and lows are identified, they are what we know as the major supply and demand and we will expect the greatest reactions to happen around them.
As the chart also shows, price will create sets of highs and lows in between the majors and they are what will become the MINOR supplies and demands. These zones can be looked at as reaction points, however once the price breaks through them they become invalid.
This is just a very brief way of looking at zones in order to help you analyse a chart.
Educational idea about how to exit from a range. EURUSDHere is a simple idea about what to do when EURUSD exit from the currently range.
Firstly, we must exit from the range area and close a few bars in exterior of the area.
Secondly, the price may retest the range area, so you should wait for the price to pull back, close to the range area.
Finally, we must have a clear rejection from the range area so we can place an order.
Difference retail trader and smart money traderTrading as a retail trading could work sometimes, but in the long term you will lose the most of ur portfolio. Comparing this to a smart money trader would make more winning trades knowing this kind of structure. For example: liquidity grabs, supply and demand zones etc.
Enjoy and Happy New Year!!!!
The Art of Setting a Stop LossAs a trader, the most crucial responsibility you have is to manage and preserve your trading capital. You're out of the game if you lose all of your trading money; there's no way to make up the difference. If you make pips, you must be allowed to retain them instead of returning them to the market. But, let's be honest, it's not going to happen. The market will always do what it wants and go in the direction it wants. Every day brings a new set of challenges, and practically anything from geopolitics to unexpected economic data releases to speculations about central bank policy may swing currency markets one way or the other quicker than you can clap your fingers. This is exactly why you need to use appropriate stop losses in your trades. Generally speaking, there are 4 main SL types you can encounter on the market: volatility stop, chart stop, percentage stop and time stop.
Let's begin with the most fundamental sort of stop loss: the percentage-based stop loss. The percentage-based stop employs a portion of the trader's money that is predefined. For instance, a trader's willingness to risk "3% of the account" on a deal. The percentage risk varies depending on the trader. More active traders risk up to 5-6% of their account, while less aggressive traders often risk around 1% every trade (that’s what we do as well).
Important rule of thumb here is: Always set your stop loss based on the market or your system's criteria, not on how much money you want to lose. This means that observe and learn each pair you trade. 20 pips SL on EURUSD, might be not enough on a GBPJPY trade. Some pairs make 120 pips move a day, while others average at 60. Oh, and don’t you forget about the pip value difference.
Based on what the charts are suggesting is a more rational technique to identify stops. One thing we can notice in price movement is that there are times when prices don't seem to be able to push or break through particular levels. When these levels of support or resistance are retested, they can sometimes prevent the market from moving upward again. Setting stops above and beyond these levels of support and resistance makes sense since if the market trades beyond these levels, it's logical to assume that a break of that region will attract more traders to play the break, pushing your position further against you.
Important rule of thumb here is: Set your stop losses couple pips over under the major key points, so you don’t get affected by the market noise.
More uncommon way of setting a stop loss is based on volatility (which is already considered in percentage stop loss). Volatility, to put it simply, is the amount a market might potentially fluctuate in a given length of time. Knowing how much a currency pair tends to change might help you establish the right stop loss levels and prevent getting pulled out of a trade prematurely due to market swings.
Important rule of thumb here is: Study your ways to determine daily volatilities as they do change. Two common ways of doing so is through Average True Range (ATR) and Bollinger Bands.
Stops established based on a preset time in a transaction are known as time stops. It might be a specified time (open limit time of hours, days, weeks, etc.), only trading during specific trading sessions, the market's open or active hours, or something else entirely. Set a deadline and get rid of the dead weight so money can accomplish what it's supposed to.
Important rule of thumb here is: The time stops ultimately come down to what type of trader you are. So before, you start setting time limits you should understand whether you’re intraday, swing, long-term trader.
Conclusion: We often draw a line between good traders and “The BEST”. What makes a difference in this case? Good trader uses a certain type of stop loss. “THE BEST” traders use a combination of all. An example would be looking at a EURUSD pair. We do our technicals, we have a predetermined percentage in our mind, we have a predetermined time in our mind, and we’ve considered the volatility of the mentioned pair. For instance, we set our Stop Losses close to key zones determined by price action, we wouldn’t risk more than 1% on a single trade, we’re swing traders, so we wouldn’t keep the trade over the weekend and lastly we’ve traded enough to know the average volatilities for each pair.
Hope you found time to read this all as this will have a tremendous impact on your trading journey. All the best in 2022, family!
Jasmy Trading Plan and EducationHello Traders,
Today I wanted to discuss being prepared prior to making a trade. It is quite often I see people asking what to buy but, rarer that people are interested in when to buy or what to do after. Finding a good asset is only half of the battle, knowing when to buy and where to take profits are just as important as what to buy.
Here I have put together a trading plan for the asset Jasmy. What I first noticed about this asset was, the potential declining channel as labeled on the chart. A declining channel is generally a bullish indication that market participants have been selling and buying in a manor that presents this bullish consolidation. Once I have identified market structure on a higher timeframe as I have in this daily chart, I find it helpful to zoom in on smaller time frames and check my indicators for signs that prove my theory as well as signs that disprove my theory as to keep an unbiased opinion, making for a better decision with my potential investment.
Step 1: Labeled in White
Let the chart tell the story, not your emotions! One thing I will often look for is bullish divergence on both the MACD (which my favorite is finding it on the histogram as this seems to be the most accurate to read imo) and the RSI. Other things I will look for is a cross or impending cross of the MACD line over the signal line on the MACD indicator as well as a cross of the signal line over the zero line on the histogram. If you notice on the chart I have labeled both of these for you with arrows pointing to the histogram as well as the MACD line crossing up giving a bullish signal to buy. You can also see the blue line indicating the bullish divergence that I drew on the MACD Histogram which are the green and red vertical bars also labeled on the and pointed out on the MACD indicator. Lastly the oversold RSI bouncing off of the 20 line. These are a few indications that the downtrend may be completed and that the declining channel may be breaking upward.
Here is a labeling of the MACD for further understanding of the indicator.
Step 2: Labeled In Yellow
Now lets get to the structure breakout. As you can see, I have clearly labeled the declining channel and placed an area of breakout shown with a green arrow pointing to it so you can easily identify the price action coming out of the channel. What you want to look for is exactly what is happening now with the current days price action popping out into the small channel that is labeled in green. This is a good buy area.
Step 3: Labeled in Green
Now you will need to set your target. First you will take your measuring tool out from the measurement tool section and measure the length of the top to the bottom of the channel. You can also just draw a line from the top to the bottom of the channel. After you do this, right click and make a clone of the measurement. Now, it is important to find the breakout of the channel and place the bottom of the clone where the price action breaks out. Since we already have price action in the breakout area you can place the measurement at that area.
Step 4: Labeled in Teal
Now it is time to find the best entry points for your trade. I generally enter with 50% of my allocated trade amount at first. My allocated amount is generally 3%-%5 of my overall holding amount in that account. I enter with half as sometimes you will see a false breakout that will come back in the channel and you are able to enter with a better position before the actual breakout. With this I like to add another buy box at the bottom of the channel just in case the price action gives me this opportunity. If a clear breakout and retest present itself I will enter the other 50% of my position.
Step 5: Labeled in Pink
Place your stop loss underneath the last swing low before the bullish breakout of the channel.
I LOVE APPLE! (READ THE DESCRIPTION)Hi friends, I'm gonna talk a little bit about the NASDAQ:AAPL and tell you why I live it so much. Well so doesn't love the iphones, right? But that's not what I wanna talk about. I wanna talk about how technical friendly is the apple's chart. Look how the candles react to the rising channel lines and how the price respects the horizontal support and resistance and the 20 period EMA. That's why I love it so much. This post is both Educational and practical because that's how I look at the Apple stock, it is both teaching me and making me money at the same time. Enjoy it...
HAPPY 2022 ⚪️ 2021's RecapHello guys, Wish you're all doing fine.
Happy New Year.
Sorry I wasn't around these past few days. I was on a break during the holidays.
I decided to recap the Educational Ideas we posted in 2021.
Let's gather them all in one post and take a quick look:
First things first, Fibonacci, an excellent tool for analyzing the market:
Bollinger Bands, And how they help us with our forecasts:
RSI, Another great indicator to identify Oversold and Overbought conditions:
Parabolic SAR, to determine the break-even point or entry or exit points:
Now, this final post is where most of the great analyzers on TradingView have come together to share their educational ideas. Take a look:
How did you spend 2021? Was it a profitable year for you? Did you learn anything new? Any big losses? Please share it with us.
5 Years of BTC on New Years EveHappy new year everyone, just for fun I thought we could take a look at BTC performance in the lead up and aftermath of New Year's Eve for the past 5 years.
There's definitely an interesting trend that the run up to New Year's Eve tends to see extremes of price. This year, although it might seem like a lifetime ago now BTCUSDT was at an All Time High of 69,000.00 exactly (crazy right?) on November 10th 2021, with a 30% correction since then.
New Year's Eve of 2020 was certainly a time of celebration as we broke a new All Time High on November 30th 2020, and continued to make new high after new high!
New Year's Eve of 2019 was a less exciting affair for the bulls, after hitting a 6 Month Low on December 18th , but price bounced back for a >60% gain by mid-February of 2020.
New Year's Eve of 2018 was even more painful for bulls, as price hit the Low Of Year on December 15th at 3156.26 - More than an 80% drop since the highs of earlier that year in January 2018!
New Year's Eve of 2017 was of course the infamous bull run, hitting an All Time High of 19798.68 on December 17th 2017 (Seriously, are you seeing a trend with these dates?), only to drop over 40% in the following 2 weeks to December 30th.
What a wild ride it's been!
If you enjoyed this post give a Like, perhaps a Follow and leave a comment below 😀
HAPPY NEW YEAR TO ALL, MAY IT BE YOUR BEST YET!
BTCUSDT broken trendlines and possible path hereIn this analysis, we are talking about two major trendlines that both broke. (Red & Black trendlines)
Black trendline breakout:
As you can see black trendline that was strong support for bitcoin broke and now this is a sign of weakness for bitcoin and those who are shorting bitcoin considering this breakout and also we can expect more dump here if 40K support breaks.
Red trendline breakout:
Also, strong resistance that each time stoped price from pumping break and price now is receiving support too.
Technically: if price here respects last supports zones that are we can expect rise here because red trendline resistance now is gone and because now black trendline turns to the resistance we put our last target near that.
So As we said red trendline that was a resistance turns to support and the black trendline turns to resistance and now we are looking for a pump from the support to resistance.
DISCLAIMER: ((trade based on your own decision ))
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Gold Buys Updatewell done to anyone that got in on those entries, unfortunately for me i didnt get the second one. I am now using Trading View as a diary of the trades I am taking going into the new year. Had a struggle with the dollar on GU but made back nicely with gold. If anyone is interested in my method and wants to learn just ask!
Know Your LevelsTodays daily primer is all about key levels, Don't make trading harder than it needs to be. Know your levels, keep track of them, have a system that says BUY or SELL as quickly as possible and then just execute your trades!
All you needed to do was follow up, know the key levels and execute. It makes this job much easier when you are prepared and this type of preparation is easy. We are looking for an edge and keeping track of levels is KEY at making easy money (at least for our day trading system).
Every Sunday I sit down and map out important levels, I also review my trades for the previous week, for development purposes, and during that review of past trades I specicially check these levels and how price behaved at them.
I'd like to show you just how important levels are, but you should also checkout our VWAP video released just before this video.
The power of the VWAP!As day traders we use the VWAP lots in our trading and have even created custom versions of it which help us manage our trades.
In this video I go over exactly what happened to US30 / Down Jones at the Frankfurt open and the New York open, and by using the VWAP today we could have taken advantage of these moves, both up and down!
Do you use the VWAP? Let us know in the comments below!
Also attached to this video are other educaitonal videos you might find value in!
IMMUTABLE X ( an economic analysis into the beast)Hello traders and investors! 👋😃
Good day, and please take a moment, relax and come on this journey with me, where we examine in depth, Immutable X and it's partners. I am limited to my posting abilities for specific graphs/images here on Tradingview, so I HIGHLY recommend that you would please take a look at the link I have provided below, which is word document that goes over everything in greater detail.👌 Everything on this idea is sort of an introduction to the information that is provided in the document.👍
1drv.ms
Thank you so much for understanding.. now let's take a dive!!! 🌊🐳🏄♂️
👇👇
🥰
*** NOTE ****
We are in the DUES phase of the chart depicted above🆗📈👍
An Economic analysis Into Immutable X/ETH, along with 3 major Play-To-Earn games
A Low Risk/High Profit forecast.
Disclaimer:❗❗👋
I’d like to start by clarifying that this is strictly an educational idea. This is speculation mixed with fact, and 🛑This is never financial advice🛑.. I’m good at what I do, and not often wrong. But do your own due diligence before making any trade/ big investment.🆗💲💲
GOALS:
In this Idea💭 I’m going to be explaining how Immutable X works🔎🧐, and Its relationship 🤜🤛💱👩🏻🤝🧑🏻to Ethereum .
We are going to examine play to earn game titles such as:⏬
Epics, Crypto Space Commanders, and of course God’s Unchained Itself. Whilst going over previously mentioned play to earn games, we will examine opportunities for low-risk high-reward profits along the way.🚶♂️😃🏕⛺💲
Also, we plan to provide loads of fundamental, and technical confirmations of a huge breakout In games with very expensive NFT’s which will soon be featured together on the Immutable X marketplace. Many of the gains also have multiple tokens.
Immutable X: 🆗✖🆗✖👇
Immutable X was the first1️⃣🎉 layer two scalability engine to be dropped on top of the Ethereum blockchain⛓. It utilizes ZK-Rollups to bundle hundreds of transactions into one single transaction. This single transaction Is deconstructed by smart contracts to verify each transaction individually, using a, “Zero-Knowledge Proof” method for publicly recording transactions on the Ethereum blockchain⛓. The process reduces the amount of computational power required to validate blocks✔⬜.
Immutable X Explained
~Immutable is most widely known from God’s Unchained, their play-to-earn Dapp game.💲🕹🎴
~Immutable X utilizes layer two scalability to provide gas free trades🚙👏🤞, and Instant NFT trades up to 9000 plus TPS~Transactions Per Second.🤯👍
~The Immutable X engine facilitates 600 plus more TPS than other marketplaces on Ethereum .💪
~Since the project uses entirely no tokens💮☪🚫, the protocol cannot be subject to 51% attack or ransom attack ⚔🗡🛡😎
~Immutable partnered up with Starkware last year to make the Immutable X project happen.🗓📌📆
~Prior to Starkware, Immutable had been in development for several years🕘👌 by some of the best😄.
~Currently only the recent Trial Of The Gods expansion of Gods Unchained is listed on the Immutable X Marketplace.👌😮
To quote💬 Immutable X Co-Founder Robbie Ferguson,🧔💭👇👇
“The security of this future world should not be owned by large corporations, venture capitalists, a government or one Individual. It has to be something truly decentralized, owned by the world. That’s why we’ve chosen to scale Ethereum rather than a centralized blockchain”.
So let’s speculate on Vitalik Buterin, and Robbie Ferguson??? : 🆗
I truly wish I had the chance to pick the brains🤔🧠 of such brilliant, well geniuses/revolutionaries👨💻👨🔬. I often analyze their behavior, so I can determine their incentives. Trying to get into crypto geniuses' heads can be like trying to take the digest of a hash➖9️⃣🔢*️⃣▶5️⃣3️⃣↩↪, and flip It🥴. They are thinking several steps ahead, just as I aim to.. but here goes. It’s not hard to see that the two are pretty tight. I anticipate Vitalik has quite the court going. Now Robbie Ferguson Is a perfectionist, which is a big driving factor in his success. When he says something is going mainnet on a certain date, don’t get It twisted, it will mainnet not a single day early. Good business If you ask me. Yet, Ethereum was over gassed⛽, and got put off several months on another layer 2 scalability engine that was set to drop on the Ethereum Blockchain. Immutable X came out several weeks early.
Right now the Immutable marketplace Is a joke😛🤪 Let me explain.⏬
During Ethereum’s last Bullish Impulsive phase🐮↗, gas fees⛽🚙 were starting to spike pretty hard😬💲👎, It was like a bad acid trip. Vitalik had Incentive to utilize Immutable X assets to help Gwei per transactions come down. Frankly, there Is no doubt In my mind the man runs a tight court. He deserves every bit of It. I dream of being able to donate a billion dollars to people struggling from the pandemic. I wonder how that affected the price of Ethereum? Well, I do know that lately and after a nice healthy correction, gas prices aren’t terrible (at the right time of day.) Conversely, the Immutable X engine Is more congested than I’ve ever seen it to date. I’m willing to bet my stack that Vitalik Buterin Is the type of man that looks out for his court. Things are changing folks, embrace the change, or embrace the suck. To be honest, that’s your prerogative, but big things are In play right now. The Immutable X marketplace release will be timed perfectly, to maximize utility. Understand, that we now sit on the borderline between the DEUS , and COSMOS phases (see chart above📈💹⏫.)
Source:🔽🔽🔽
www.google.com
Immutable X line up
This marketplace Is going to be putting together some of the most expensive NFT’s around💥💮🎴🥈. Immutable has a very Impressive line-up of partners. In this Idea we’re going to be focusing on just three1️⃣2️⃣3️⃣ of many great titles🤴, because they are the three I know the best. By the way, In the current state of the market people are hitting my price ceiling of layered Trial of the Gods Cards🎴⚔. Instead of raising this ceiling, embracing my inner market maker, I decided to just pull them out of the market completely and Hodl.
I’ll sell them for 100x if Immutable's first expansion genesis taught us anything. Robert Greene asserted In his book Mastery,’ The future belongs to those who learn more skills and combine them in creative ways.” These are some of the titles on Immutable ✖'s lineup :👇👇
Epics GG, Guild of Guardians, High Rise, Gods Unchained, CSC , Illuvium, War Riders, MCH ➕ (My crypto hero's plus)
Let’s check out Crypto Space Commanders🚀🛸, is a supply shortage Imminent😮?
I’m an Economist, I look at things In terms of analytical geometry and the inverse. We are talking about basic supply and demand here in regards to CSC🛸. Some of the ships in the Alpha-phase have sold for upwards 18 ETH💲👏, need I say more?
The point I'm alluding to is CSC has a substantially lower player base than some of the other games going on the Immutable marketplace. The NFT’s in the game are very expensive. That being said, I’ll explain why I’m not asking myself whether these NFT’s are about to go 10x, but If they will surpass 100x. The increase in demand from people flowing into CSC from other Play-to-Earn titles(with higher player base,) will raise the prices. More players In the game means less opportunity for gains. Together, I’m forecasting a supply shortage which will further increase the price of not only CSC NFT’s, but value of their two tokens ( GFC /Galactic federation credits, and GRP/Galactic Reputation Pips.)
The CSC play-to-earn model
In the game🎲🎴, the players mine ore⛏🌑 from asteroids☄🌠, or earn loot from fighting npcs. Additional earnings🤞 can be acquired when you brave fringe space💫🌍🌌 to hit very valuable ore veins, at risk of being destroyed by pirates⚔💂♂️🏴☠️. Once destroyed in fringe space, you lose all the NFT’s on your ship😥(which could easily amount to a several thousand dollar loss, if you fail to pay attention to detail.) You see, the ore you mine can be refined at a price, which makes it highly valuable. Refined ore💎, is then turned into all the components necessary for crafting anything from ships🛩🛸, weapons🔪🏹💣, armor and even mining equipment. There are different tech levels of equipment with more to be discovered at a price. If you have a bunch of expensive NFT’s like myself, you can have your own refinery, in return, increasing your mining earnings .
Now, you can play this game for free, but there is a 20 dollar💲2️⃣0️⃣ pack available. Purchasing the pack will literally save you days of play, as you grow at an exponential rate. Not extremely exponential, but certainly not linear, or logarithmic. Doesn’t this sound like Eve in it’s Infancy? Serves them right for atrocities the Eve leadership team committed among their players. I would suggest anyone who plays Eve, drop the game promptly💩, and get in on the ground floor of CSC🥰. Earn to play, not pay to earn💃🕺. CSC has a great referral program, however, I won’t be providing my referral link, as this is an educational idea. When you Invite people to join CSC , you will earn whenever they buy anything, even if it’s from you. Getting friends or acquaintances in with your link is an opportunity for affiliate marketers to make grandiose amounts of money🤑😄💲🆗..
They tax you to refine ore, as I previously mentioned. Having the NFT’s💮 to build a refinery🌆🌇 certainly helps.
FOR MORE INFORMATION ON CSC: ⏩⏩⏩ Please consider looking at the word document above where we have much more content, statistics, imagery, and graphs.
Epic.gg🎴🎴
Epics is essentially a fantasy CSGO game. You can play the partly on your phone. While the website Itself Is a much better platform for trading. This Is one of the Play-To-Earn games💲🕹 I recommend to everyone. The value you get from playing It Is very high per unit of time. There are cards dating back to late 2018 in their founders edition. They sell signed cards, and hybrid digital/physical combination sets, like Ether Legends. Epics make their money by the cut they take out of trades, plus the distribution of pack sales, that sell out In minutes. Because the game uses a mint system to classify cards, the value of any card can be substantially different, regardless of rarity. The earlier the pack mint date, the more valuable, let me provide an example!
This Is what we would typically expect to see In a market where lower mints are more valuable. The price rises, with decreasing mints(depicted below.) The prices of these Epic’s cards are moving towards equilibrium. This Is not the norm. The norm Is people not understanding the value of their Mint’s, and selling very low. So I scalp their cards.🐱👤😎 So should you. Trading is a zero-sum game🤷♀️🤷♂️.. Don’t ever forget it, or the people that accept the fact there’s someone on the opposite side of every trade, will walk all over you. Don't let that be you!! 😄🤍
More on the whole picture:
Epic’s presents an opportunity for huge gains with little risk, CSC is similar. God’s Unchained is not. Why Is this? Well it’s easiest to explain why Epic’s and CSC are safer. Epic’s would be fine If Immutable X failed, it would be picked up by another layer 2 scalability engine. CSC Is part of Lucid Sight games, who would also land on their feet🤸♂️🦶👌. But, It’s Important to understand correlation. God’s Unchained Is very correlational to Immutable X, which Is In turn correlational to Ethereum . I would say the correlational is large right now🤔. If Immutable-X were to fail, Gods Unchained cards would lose substantial value😨.
So, I have to consider the probability of all outcomes🤨😄✏📝. This brings Into question for me, how did Starkware link up with Immutable to make Immutable X🤔💬💭? The reality is, Vitalik ButerIn is clever enough to have made that happen. I mean Gods Unchained is forever engrained in the history👴🧓🕙 of NFT’s🤷♂️. It will be talked about like CryptoKitties 😜🐱 in no time.
GODS UNCHAINED!!! 📌🌬🎴🎲
Let’s start this Gods Unchained overview by mentioning how you can earn now by playing God’s Unchained: First off, every weekend is, “Ranked-Constructed” play, where you can earn free packs for playing🤗. (We have a graph below which describes what you earn, depending on the amount of games you win out of twenty five, as well as your starting rank. As you can see, the more games you win, the higher quantity and quality of cards are earned.🥳 Things get a lot more intense once you reach Mythic level, but you’re gonna need a fairly expensive deck to make that happen. Some of the first expansion Genesis cards that help you to reach Mythic level are crucial🔑, they sell at ridiculous prices though. Graph mentioned previously is listed in comment update (You can find the same graph on the Immutable website, along with a lot of other useful information)
CSC , and Epics which could skyrocket in value any day. Immutable plans to release another expansion as well, they are currently In the process of minting all the cards from the base and genesis set, onto Immutable X. I have several confirmations they are almost done with this; Such as the Mythic draw due to happen any day now, which people who bought Trial Of The Gods cards got raffle tickets for.
Over the past four days, Immutable X has been transacting very slowly compared to the norm🐢⏳⏰. Frankly, in the three games we went over, content release has been held back. CSC hasn’t had a promotion, which they usually do often. Something very big Is coming.. I’d Imagine a lot of games on Immutable X pump hard🐮🆙, making millionaires,💲 no doubt. It’s Important to note God’s Unchained has a good referral program too. Check It out!
Summary
Please feel free to comment📝✏💬 , questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😪 below in the comment section or contact me directly with any thoughts💭🤔, or questions and let me know what you think about this Idea. Speculate away. 😅😁I bet on Immutable almost a year ago. I hope everyone learned something about some good opportunities to buy the dip In Dapp games with high profit, low risk potential with high probability. Immutable has inspired me to work on my own Play-To-Earn Dapp game, as we have similar taste in games. Follow the upcoming releases from Immutable. I’d Imagine they had some sway In what Dapp games they picked up. I’m getting into pre-alpha no doubt. Thank you so much for considering my take on these 3 games and Immutable X, along with the immense profit potential I personally am noticing here.
Thank you so much!!!☺
Jazerbay 🐶
Gold Go down first and then go up fastMonthly in Red, Weekly in Blue, short term(8 hours) in Pink and 45 mnts in Black
Very simple case. We are in a stage where the probability of going upward is high. But this idea is about 45 mnts
Eventually I see the gold at 1832 but shall we take every drop of water available, of course yes when possible.
Because it has run fast 1750 to 1814, it must retrace towards 50% and 61.8% of 45 mnts which is in Black and with a support from weekly fib level 23% around 1775 area.
Agree so far???
What next? once it reaches 1775 area, No evaluation is needed because it will then try to go to the confluence of weekly , monthly and daily fib level which is 1830.
Please let me know what you think. gold is considered as complicated, is it really?
What you trade is just as important as how you trade!Hey Traders!
WOW! What a Monday! Excellent moves in the markets today at the US open, I don't want to sound like I am bragging, but we kinda prepared ourselves very well for today by working our asses off on creating our watchlist, we knew what could be moving and we made sure that they focused on the best setups, setups that had the highest rewards and the lowest risks!
Aside from a big miss on WTI, we aced EURUSD, NASDAQ, DAX and EURJPY.
Preparation of a watchlist is vital for us day traders and we make sure to invest time into creating our day trading watchlists!
This video explains a little better what we did to make today a BIG SUCCESS for ourselves and our members!
supports and resistances and how they convert ✔First of all lets start with the brief technical explanation and after that go through the analyse DOGE ✔
1 support( an imaginary line, level or area )
👍one of the most simplest technical tool that use for indicating the proper point for buyers to enter or purchase one stock
for using support line
we need more than tow price points that an asset doesn't fall below more than those points and using line to connect them
2 resistance ( an imaginary line, level or area )
👍unlike support line investors use it to figure out the place for exit or selling one stock
and for using resistance
exactly like support line we need more than tow price points and one line to connect them but we should pay attention to this point that asset doesn't ascend above those points
⏲how support and resistance line convert to each other ⏲
👍support and resistance can easily change to each others in simple word when acceptable penetration of the price happen in one line for next price hit (be touched by the price ) this line act as an opposite function
for example we have strong support area if the price stand below this line and stay away for awhile for next time when the price become close to this area it will works as a resistance for the price
3 breakout
👍usually indicates new trend
when the acceptable penetration happens by the price to one support or resistance in indirect way
for example we have strong support line and the price start to stands below the line and continue its movement here we have breakout
you can use horizontal line at the left corner of your charts at trading view for indicating your supports and resistances.
or using other tools like Rectangle or Ellipse and indicate support or resistance zone instead of simple line.
🚀🚀analyse of idea🚀🚀
here we have important daily trend line and strong support area 💣
so
If the price breaks this trend line and price stay above this line we expect gain for the price
and
our noticeable resistance line and our next target are located on the chart.
This is not financial advice, always do your own research.
🐳MAD WHALE🐋
First become a good trader then focus on the chartsFor day traders, traders who focus on technical analysis it is very important to first master the mental aspect of trading before they move to actual charting. This blog post and video will help you understand the path you need to take if you are a new or struggling trader.
The biggest challenge we see in new traders is that the new traders want to learn as quickly as possible to earn, they rush into trading live and that "rush" doesn't actually allow them to actually learn how to trade, successful trading comes in two parts, the first is mental skills and the second is a complete trading system, without having both of these traders fail.
I'll quote Richard Dennis, a legendary trader, to explain the importance of mindset,
I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline.
Discipline and consistency are mental skills, nothing to do with the system everything to do with the mindset. Meaning that you could have at your disposal the best trading system in the world, but if you don't follow it (with consistency and discipline) you are doomed to failure. - Since you simply won't follow the system.
Most of the great traders that I know or follow, who trade based on charts like us, were great traders first, now once they became great traders (mentally) then, after they because great traders they learned how to read charts and built or learnt trading systems.
Trading is the hardest easy job in the world, easy because you choose everything, from exposure, to when and where you work and all the way to how much you make or lose. You are in control and always will be, but you're only in control when you manage your mindset throughout the day with discipline and consistency.
The main reason we are sharing this is because we have gotten a lot of new members in our community and followers on tradingview, and we just want to help everyone new to us to master their emotions first and then focus on the profits!
Now, while I mention profits above I want to explain the correlation profits have to deeds, I firmly believe in cause and effect, and I believe it works in this way:
poor or average causes = poor or average results (losses, failure, stress)
Good causes = good results
Great or extraordinary causes = great or extraordinary results
Like I mention above, you get to choose everything you do in trading, this is the main difference between actual trading and gambling.
Who are you going to be today? A gambler or a trader? - The choice is always yours!
WHAT WE RECOMMEND TO NEW OR STRUGGLING TRADERS:
Our first recommendation is that you fully focus on yourself, find and accept your weaknesses or limitations.
Weaknesses are overtrading, no patience or discipline. Find them and create plans to remove them, if you're not challenging yourself you cannot be a good or great trader.
Limitations are not having much time, not having capital, not having knowledge, all of which you can work on if you're serious about trading success.
Next is the system, you must find or create a complete trading system... that is the easy part, all you need is a system that governs every aspect of your trading and we have one, not to make this promotional, but you can get our day trade for a living course here and replicate our system.
Now charts are important, very important so you must learn how to read charts, that will only come from practice, lots of practice! Think about it like this, if all the great businessmen/women, sports people and everyone in between practice (read, train etc) don't you think as a trader you need to do the same?
In a nutshell, first develop your mental trading skills, then you can use charts to supplement your trading skills. Just know this, without trading skills your charting knowledge will not be valuable. - You need them both!
EOS USDT
EOS/USDT
Everything on the chart.
Target:
T.p 1 -- 3.630
T.P 2 – 3.794
T.P 3 – 4.175
After first target reached move your stop to break even
Stop loss : (depending of your risk). ALWAYS follow your Risk Management
Risk is justified
Good luck everyone!
It's not financial advice.
Don’t Forget, always make your own research before to trade my ideas!
Enter after it breakout.