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HUGE OPPORTUNITY: DENT:BTC Might Earn You 126% Profit!DENT/BTC on Binance is looking good! We are inside an descending wedge (which is bullish), also we have an inverse Head And Shoulder Formation taking form and a low RSI, which makes is oversold. Remember always to use Risk-and Money Management and a good Risk Reward Ratio! That is something we teach our FAMILY MEMBERS, and why we are making money for them. We are ONE Unit! We Stand Together! We Are a FAMILY! ....And That is exactly what give us an ÆGDE! D4 PS. Please give a LIKE! Appreciated!
DLong
by D4rkEnergY
5
How Avoid Leaving Money on the Table“The art of life lies in a constant readjustment to our surroundings.” —Kakuzo Okakura The TradingVeiw community was all over the fact that BTC and other cryptos were on the verge of breaking out days if not weeks before Apr 19. It was obvious, so it is nothing to brag about. However, how many of us are still long BTC or LTC? What about those who traded QCOM? How do you feel when it is obvious you exited or even lightened a position too early? Whether in BTC or QCOM it is easy to feel frustrated at times when we leave money on the table. Why does this happen? Personal experience suggest there are three main reasons: Setup potential. For example QCOM out of the blue basically increased there EPS by $2, causing it to break out on volume. Thus this was a technical breakout based on fundamentals. Big news! While the major cryptos like BTC and LTC recent moves aren’t due to any significant change in fundamentals, the potential for a big move should of been obvious due to fact that traders using weekly and daily charts have been pointing to the consolidation and coiling under a major trendline for a long time now. And it was an obvious level where shorts were leaning on to hold. So when there is a major change in fundamentals or a break on volume of a major technical level we need to recognize the potential for more volatility. 2. Failure to adapt. We must recognize we are trading against computers and algos that are not only able to read headlines and see technical breakouts faster than us, but also not afraid to push prices to extremes. If there is a huge spike in volume in conjunction with a technical breakout and/or an unexpected change in fundamentals.then we should not be afraid to hold our position, but instead just let the momentum take over - shorts will have to cover, analyst will have adjust their models and raise their price targets, and the Johnny-come-latelies will chase because of FOMO. Failure to adapt will not only cause us to miss the opportunity let our winners run, but also make it much more likely that we will get stopped out prematurely due to the increase in volatility. 3. Tiredness and Fatigue. Fatigue is perhaps the biggest reason for missing a trades potential and not being able to adapt quickly. When i was younger trading stocks was so much easier. I didn’t have to worry about tweets or global news and pre and post market trading was almost non-existent. Now we are constantly being bombarded by news and we can trade almost any instrument 24-hrs a day on our phone. Unlike computers we need rest in order to concentrate and function properly. When I’m tired I tend to be more impulsive which leads to frustration and disappointment. Recognizing our limitations and surroundings will help use understand that missing out on a trade or leaving money on the table is just part of trading and nothing to get upset about. Furthermore, allowing ourselves to get enough rest will help us be able to focus so that we can recognize a setups potential and adapt to new volititly, thus avoiding unnecessary frustration and disappointment. Thoughts and comments always welcomed!
BITFINEX:BTCUSDLong
by SR618
Possible CAD/JPY short position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12 Hrs Actions on - A – Activating Event Market will meet resistance in zone @82.68 - .... and fall to the 82.200. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 82.200 FX:CADJPY Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 82.200 Target 2 @ .... Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
infinity trades EURUSD Beautiful example of a descending channel formation, using the Daily confirmation coming off the re test of the channel low we can see a clear indication of buyers in this market how ever going against the current direction of the bearish market we will need clear confidence in bullish momentum to insure this currency reverses its current structure, if we do gain a long entry we will be assessing TP1 for a potential continuation trade as to where we could enter a short entry and trade the bearish continuation which has more probability. Depending on the market conditions at the time this will determine how we approach this set up.
Long
by b12345678910
infinity trades nzd/jpy long biasAfter missing our entry for the long last week as posted on our page, we have now been given a chance to re enter, after last weeks failed attempt to break and close above our TP1 zone the market experienced a short term snap back, again we are looking to gain buying momentum around the ascending trend level on the retest. Our stop loss is below the previous last swing low also below a technical price this protects it from any potential stop hunts or fake outs that may occur.
Long
by b12345678910
INFINITY TRADES GBP/USD LONG IDEA Simple understanding of the current market structure, we can see bullish indications after positive Brexit talks that recently occured. We would expect a small pull back to re test our entry zone as marked on the chart, before finding buying pressure and making a move to the upside we shall alleviate risk at our TP1 as its a very technical area as to where we would need to see a break and for the market to close above to give us a clear indication that this price is going to be contiued to traded above therefore continuing the bullish structure.
Long
by b12345678910
infinity trades EUR/CADHere we have a great example of a structure change with in the market, as you can see this pair has been creating a series of LL and LH along with forming a descending channel, we can now see a psychological break of this bearish structure by breaking and closing above the descending trend price which confirms a new HH, after retesting a previous resistance we now have a h4 snap back to re test trend resistance as trend support where we could confirm our new HL this will give us confidence in a new bullish structure being formed.
Long
by b12345678910