Patience
EURUSD long at 1.13Go long on EURUSD at price 1.13 . In my chart you can see more trend-, support- and resistancelines. The point where we go long is the point where we get a second retest of the trendline wich you can see. We wait for the price to drop just below 1.13, then we can go long if we get a confirmation from the candles. Have got this set up in the charts for several days/weeks now and have been waiting for the second retest since it will be at a point where you can find more than one reasson to go long.
TSLA oh the one that keeps giving? Yeah that one!Hey everyone the best technical analysis follower of all time award goes to this fella here. I've seen this play out so many times, you simply buy towards the bottom and hold for a month or 2 make your money and then short from top to bottom. Very news driven stock almost as if Elon himself knows exactly what he's doing every time he tweets. We are close to a bounce area of this trendline and if it fails then we test $250 possibly but this is a good area to pick up some shares. Goodluck and have fun my tsla model 3 future owners. :)
WEED STOCKSSS:NBEVCheck my cron post for more details on weed plays. NBEV the slowest of weed stocks. Always a bit tricky to play this one here but hey they make weed infused drinks sooooooo this tends to move with the rest just a lot slower so keep on watch or a light position won't hurt. Goodluck have fun my weed drinkers. :)
Short overview over the situation of BTC. 02.27.2019Hey there,
I read many peoples ideas, either BTC is going to 1000$ or 100000$. Everything is possible in the market but dont believe in all the predictions. For now I think you should watch the market closly everyday. Cause the current situation is unpredictable. It all depends on the next vol/priceaction. We have good support and heavy resistence.
I am open for every critic.
Trade safe be patient.
fox.
Winning strategy for becoming rich in the next 10 yearsIf you are the patient type and have some spare change I have a slow but possibly profitable strategy for you!
It goes like this:
Buy a fixed amount in fiat of BTC every x period of time for a longer period of time while BTC is recovering from the last trip to the moon, and make a note of the purchase in your portfolio. You can preferably use an online portfolio or an app that automatically displays the value change of each buy. Sell with small profit when you have the chance, or wait until next time BTC increases fairly in value again and start selling.
Examples:
Buy 10 USD worth of BTC every week. You will spend around 520 USD per year.
Buy 10 USD worth of BTC every day. You will spend around 3650 USD per year.
Buy 100 USD worth of BTC every week. You will spend around 5200 USD per year.
Over time you will have a lot of small buys on a lot of different values. Follow the value on each buy and wait.
You can then either wait until all your buys are in profit in a distant future and start selling 10 USD of BTC every day while the price increases.
Or you can select individual buys and sell when the specific buy is in profit.
In a perfect scenario you would accumulate BTC over time and in a few years find yourself at a point in value and time where you can start selling with a profit on every sell.
Logically your small buys will loose value if the value of BTC is declining, but if you buy every day or week chances are you can sell again with a profit pretty fast when the BTC value goes up and down due to the volatility. This way you can make small profits many times.
If you have a lot of patience and BTC does another massive increase in the next 10 years, something most people think will happen, you might be able to sell with a massive profit while only investing a small amount every day/week/month.
Good "luck" :)
Ps.
You can buy some other stable cryptos and mix it in for fun, ETH, LTC and the rest of the usual suspects, and maybe throw in some high risk coins now and then just in case.
$BRK.B $BRK.A long term entry at 199.99BRK.B - Berkshire Hathaway aka Baby Berk
I've been a long time fan of Warren Buffett's strategies and mentalities. While this is not a dividend play, the entry under 200.00 is very comfortable for the long term. I picked up my shares at 199.99 (under 200, I wasn't kidding :laughing:)
TRADING PSYCHOLOGY MIND HACK - IMPROVE YOUR PATIENCE / VIDEOHey TV,
In this video I cover an easy to apply mind hack that will help you STOP exiting your trades too early. You know, those trades where you think it's gonna run against you so you bail out only to see it head to your target later on!
As always likes and comments are appreciated. Stay safe out there :)
P.S. Please check out my other educational videos linked below.
GBPUSD LONG THEN SHORT - Daily Time Frame - Winters Algorithm - GBPUSD LONG THEN SHORT PROJECTION - price volume is showing us that the value area of the daily time frame is on the bottom. this points to an upward trend. price is likely to retrace to the value area high. in regards to the ATR, we can see that price is at the bottom of the WEEKLY true range. this will be considered support for now. volume will be strong due to big bank roles. Fundamental News is showing us some action early in the week on both sides of the market. We will keep an eye on the DXY as well, and look for an entry during London Session on Monday AM. Risk:Reward is clearly shown.
Estimate Time Length on the uptrend could take a full week or two of trading. The short side will occur much quicker. Let's see if we can dodge the UK Big Banks.
**This is my personal opinion. Please do not take exact trade with expectations.**
If you have negative comments, please keep them to yourselves. This is a backtesting trade I have decided to take, and plan on exploring all features of this move.
--Winters
Google Daily analysis Part 2Given that the market pushed back down after going above the ressitance level Im now left to wait for price to drop or to rise. Now I'm only buying a small position given that price could continue to fall further. However if it does, I'd be buying a larger position which would compensate for the losses. The reaon why I still trade such a low R&R trade is to avoid missing out on a potential move to the upside. Making these positions small lowers my risk and allows me to take riskier trades which I can give a ton of breathing room to. It's like a buy and hold stradegy but for a short run
Google Long 2nd analysisAfter the analysis made yesterday on the daily chart the price of google opened above it's previous resistance, this means the 1st trade is good to go, however as a good analyst one must always assume his position is wrong and look for further analysis to try and take cover from any unforsean threats. On this analysis I marked the significant support and resitance of the hourly chart and left the ones of the daily visible in order to set target. Looking at the RSI it seems that price should correct within the next couple of hours at least enough for the RSI to go back to not overbought levels and like that recharge for the next bull move. However with a severe overextension on the MACD I highly doubt the 1st trade layed on this analysis is the optimal one, I belive the second one to be a better position in which there is segnificanly less risk and more reward
Google longafter a large drop google seems to be gaining some momentum to the upside as there is no overextension on the rsi and there is also a price and momentum divergence which is considered a bull signal. Id refuse to buy at market price given the risk of a correction wave pulling us out of the market. However breaking above the support and closing above without overextrending the RSI would be a huge protection to the position and would be a clear bull signal
Recent trade review and BTC bottom?A couple profitable trades I recently took, but made a mistake in one. Also, has BTC found "bottom"? My thoughts in the video.
Strat & alts needs to drop 40% more at leastNeeds to hit a stronger horizontal support for Poloniex, bittrex as well.
Bittrex~
BTC Update! Game of patience!Hello fellow traders.
Yesterday I discussed leaning slightly on the bearish side after a reversal candlestick on the 4 hour chart that I mostly follow for trading. A few hours later we saw the follow through with the bears crushing the bulls yet again.
Here we go again wiht this being a game of patience. I am happy sitting on my hands and waiting for the bulls to prove themselves before re-entering any type of position. Our low today was $4863 and as I type this, looks like bears are about to try for another leg lower. Remember, watch for trend changes. I had given the bulls some small hope with their higher low and higher high even tho that was also the reversal candlestick which red flagged me personally as bulls bring unlikely to get another higher low and then higher high again to show the shift in trend.
Currently its just a free fall. Don't catch falling knives. Don't try and time bottoms. Be willing to give up some reward and minimize your risk by waiting for confirmations. BTC can't even get a 15 minute chart to give higher lows and higher highs. Once I see that occur, I look at hourly to see if it can do the same, and then to the 4 hour. You can also use the EMAs for resistance points as bears love to pile in when BTC re-approaches these EMAs.
Stay patient during markets like this.
Just My 2 Sats!