Gann
Sorry crypto cry babies, I'm right Traders think that scrolling through Twitter and reading the news is enough to get ahead in the world of trading....
There are so many nuances and dynamics that most people haven't yet to even think about. Trading is serious business. The complexity of trading is stacked.
A lot of immature crypto fanboys (I suppose because crypto itself is still in its infant stages) don't see the value of what real markets offer!
Having a group of stallions Fire Off at around the same time each day each day is what real traders look for.
Daily gains and markets that deliver *day after day* is what creates a full-time day trader! Not that whole 'Hold and Hope' culture that bitcoin and its subsidiaries, yes all 13,000 of them, hype up on.
No I don't care what the Bitcoin price is this time next year, I care about my daily and weekly gainz baby!
I have a rule to follow the money rather than marry the marketThe cost to trade Bitcoin, the boring movement and other reasons have me moving away from trading Bitcoin from today.
I will be focussing on a morning market and an afternoon market
Right not it seems to be Forex in the morning and an Indice in the afternoon, namely the GPBJPY and Dow Jones
I hope this doesn't upset anyone. I have a rule to follow the money rather than marry the market
Trading the lower frames whilst the higher ones crawlClear market structure is very important to trading
The dominant trend (higher time cycles) guide the lower ones
When it's ranged for days, the lower time frames are still tradable but with a higher risk
Wherever you place your trades, ensure they are protected (don't go too big)
GBPJPYWeekly bearish we rejected 190 key level and will go to 174 long-term trade.
The last daily candle didn't close a strong bearish, but daily we started a downtrend that we can see even better on H4.
Daily must create a new lower high in relationship with the previous High in daily, and from there we going to be able to run for 174