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Yes, might as well jump in here.This market is insane. I have been glued to charts for the last 3 weeks or so. I started this journey scrying US market data on Android trading apps supported by about 5 hours of life experience. With the immense support and guidance of others dropping breadcrumbs all along the way in cryptospace I've in the last few weeks learned to produce and talk about a charts (see image). I've also developed a craving for feedback and community support from those more insightful so someday I can confidently enable others. I am a passionate teacher. What an amazing time we live in. This revolution is an inspiration and already I find myself passionate about making it bigger and better as much as possible. I want to sink my teeth into this thing. Still shooting fast and loose today but we can focus that energy right? I hope this chart means something to you. I hope you help open my eyes into this amazing world. To the Moon. -DLM
by MoodyNH
usd yen analysis Good afternoon everyone okay looking at usd yen we are in a down trend is what it appears me , however here are a couple things I see : we are in a channel down : down trend now if this breaks this channel as I have shown I will wait for the retest along with putting the stop just below the previous lows as shown and go long or if this market reacts to the channel and keeps going short , I will wait for it to hit where all the buyers are and look for a place to get into the market for a long your friend Kris www.mymentortv.com
by mymentortv
An example of why I do not use hard stops. Mental stops only.A good example of why I do not use hard stops. I use alerts and watch it closely as possible when the alert goes off. I usually reset a new alert lower that is a "get out no matter what level". Stop was briefly hit twice. After it reverses I set my alert back up and continue on. This my new, shorter term strategy I am developing. I will do a blog post at some point about it. Bought at .00136, Stop .00129, Target1 .00143, Target 2 .00150.
by bigurb
NKE - Nike & the home of forkerEvery mountain has it's valleys. Besides you now know exactly where I live, here is something to learn. Kowing that markets swing, is not enough. You have to see it and you have to draw it. When you draw pictures, there are many things that pop up, which would not have bevor. If you know, that most "Mountain Bases" getting "filled", then you have one peace to the puzzle that others don't have. So use it - not to trade immediately, but to observe, hunt, build your plan and sniper your booty. And always remember: You better don't hunt a Grizzly (huge pendulum swing trade) with a airgun (small account). When you want to eat such a big monster, then you better take grandpa's double whammmmmmy! (...saying this and crawling my cuddly cat.) Live is good, be happy. P!
NYSE:NKEEducation
by Tr8dingN3rd
3
USDNOK - Search, ask and you will find...I had not clue about this chart. So, I was laying back, squeezed my eyes and let it shine on me (...nope, not smoked anything hehe...). Then it comes together, peace by peace. Here's how I approach any new analysis. - Swings & Pivots - Identify the trend and the flow - some support & resistance - action/reaction & forks - patterns...as far as I can see them (...because I'm a really bad pattern trader) - fractals - anything else (...letting creativity flow) During this process, I delete the whole paintings a couple times. So this is like Zen to me and hell, I really love what I do §8-) Let's see if YOU can make something out of this. Please do me this little favor and let me know if you go long or short. P!
Education
by Tr8dingN3rd
6