VERGE(XVG) HALVING PUMP IS COMING, GET READY!🔷The next halving for Verge (XVG) will take place on approximately Mon, 25 Jan 2021 18:38 at block number 4700000 and the mining reward
will reduce to 100 XVG for each block.
So we can expect some huge and profitable pumps to happen before or after the halving.
This is a very nice opportunity to buy some XVG before the halving event and we don't want to miss it.
🔶So here is the plan:
We enter the market at price of 0.00000036 or 0.00000037 BTC for each XVG.
as the price goes up and we reach each of the targets, we start selling some of our XVG, but we start with selling very low amount for the low targets(like target 1 and 2) and then sell a little more when we reach the medium targets (target 3 and 4),
for the target 5,6 and the higher ones you have to decide based on how the market is reacting to the price, you can decide to exit the market completely or wait more to see what happens.
🔻Remember that this is my personal idea and point of view; you should always do your own analyze too and know your trading plan.
You are the only one who is responsible for your trades.
What do you think about this idea and the incoming halving? Let me know in the comments and also don't forget to like if this idea was helpful.
Thank you, and Good luck :)
Planthetrade
Possible GBP/CHF Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 1.21
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 1.21
Target 2 @ ....
Risk/Reward @ 1.5.1
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!
Possible Long USD/JPY position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 111.2
C - Fundamentals that may affect the pair
@ 23:00 on the 3/04/2020 AEST USD unemployment rate
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 1.447
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!
Possible USD/CHF Short Position!! SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Chart time frame - H4
Timeframe - 1-3 Days
A – Activating Event
Market will meet resistance in zone @ 0.997 - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.981
C - Fundamentals
USD FOMC Rate Decision on the 19th Sept @0400 AEST
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.981
Target 2 @ ....
Risk/Reward @ 3.5.1
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!
Possible USD/CHF Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @ 0.9925 - .... and fall to the 0.9800 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.98
FX:USD/CHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.9800
Target 2 @ ....
R isk/Reward @ 3.5.1
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!
Possible EUR/CAD short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 4-12 Hours
Actions on -
A – Activating Event
Market will meet resistance in zone @ current levels - .... and fall to the 1.463. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.463
FX:EUR/CAD
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 1.463
Target 2 @ ....
Risk/Reward @ 1.5.1
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!
Possible EUR/AUD Short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe 1-2 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.586 - .... and fall to the 1.576. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.576
FX:EURAUD
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 1.576
Target 2 @ ....
Risk/Reward @ 3.1
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!
Looks like Waves is ready to take off ?It just broke out of a smaller wedge in the 4H TF and it is getting close to the breakthrough level on the 1D charts.
The momentum looks good and the valtility is jumpy... always a good sign on cripto
Possible GBP/AUD Long position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Currency Pair breaking through resistance line and heading to next strong resistance line
B – Beliefs
Market move towards the first Target 1 level @ 1.85
FX:GBPAUD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 1.85
Target 2 @
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible USD/JPY Short Position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current level at @ 110.00 level and move towards the first Target 1 level @ 109.00
FX:USDJPY
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 109.00
Target 2 @ 0.
Risk/Reward @ 2.6
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible AUD/CHF Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 0.716 - 0.719 levels and move towards the first Target 1 level @ 0.710
FX:AUDCHF
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.71
Target 2 @
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible NZD/USD Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-3 days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will find resistance at current levels at @ 0.6848 - 0.6893 levels and move towards the first Target 1 level @ 0.671
FX:NZDUSD
Trade Management
Entered @ Sign up for details
Stop Loss @ Sign up for details
Target 1 @ 0.671
Target 2 @
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible EUR/JPY Short PositionSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @124.926 level and move towards the first Target 1 level @ 123.627
FX:EURJPY
Trade Management
Entered @ Still waiting for confirmation.
Stop Loss @ Still waiting for confirmation.
Target 1 @123.627
Risk/Reward @ 2:2
Happy trading. Will let you know closer to the time if or when executed:)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible Short position SGD/JPYSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 Day
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @80.300 level and move towards the first Target 1 level @ 79.750
FX:EURCAD
Trade Management
Entered @ Still waiting for confirmation.
Stop Loss @ Still waiting for confirmation.
Target 1 @79.750
Risk/Reward @ 2:21
Happy trading. Will let you know closer to the time if or when executed:)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible EUR/GBP Short Position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top .
B – Beliefs
Market will be rejected at @0.9093 level and move towards the first Target 1 level @ 0.89
FX:EURGBP
Trade Management
Entered @ Still waiting for confirmation.
Stop Loss @ Still waiting for confirmation.
Target 1 @0.89
Risk/Reward @ 4:1
Happy trading. Will let you know closer to the time if or when executed:)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
My 10 Rules before Taking a Trade.1 : Dessiner les Niveaux clés et la Tendance.
(a) Trend and Supports/Resistances Majeures. (12-16x timeframe)
(b) Trend et Support/Resistance on shorter term(6 or 8 time short). Draw the most recurrent Fibonaccis retracements or/and extensions.
(c) Check Action Price on your trading timeframe. Draw short-term fibos.
2: Find a Signal
Only valid on KEY LEVEL.
Ideally respect the trend, with exception of reversal trades.
No signal. STAY FIAT.
Ignore Signals if :
-Low volume.
-Complex retracement.
-Sloppy action price.
3 : Find Confluences.
Is this scenario direction or targets the same if i use different projections? Different Bias? Does market profile validate my fibo support?
Confluences help classify your potential setups by quality and help reduce exposure and overtrading.
4 : Plan the trade.
We have the entries, the targets. Congrats that was the easy part, now you need to find invalidations, partial profit targets and when to rise your stops. For advanced trader, time to plan your time related stoploss, potential re-entries and how you plan to ladder your entries.
Reminder : The closer your stop is, the best is your ratio and so are your earnings, in the long game, ladder entries will boost your profits.
5 : Calculate your REALISTIC Risk/Reward.
No volume on the breakout of your triangle? no reaction on your fibo level? Trump is on a twitter fury and excite the dumb money.Most of the trades are not gonna go like you planned, you're gonna need to get out or reduce your exposure for many reasons.
Being optimistic is good day to day life, when trading it's the opposite. Be Honest and Pessimist.
6 : Define Sizings and Maximal Exposures.
Up to you, i personnally use 1% for my best setups, when i'm not so confident or trading an aggressive setup probably more like 0.3%. I usually ladder my entries with 4-10 positions. Still working on it.
Reminder : A drawdown >25% brings a risk of ruin between 0.5 to 1%. My 10 years experience in risk/reward management 2 cents. This one percent HAPPENS. A human common bias is considering small percentage as irrelevant. They are very relevant, get other this bias.
In my opinion :
<1% risk per trade is MANDATORY if your capital is consequently above your cash flow.
1-3% if you cash flow afford you to rebuild your capital quickly.
>3% if you are masochist.
7 : Mental check-up
Am i calm? Do i want to trade this setup logically or am i pushed by Greed or desire of Revenge? What are my recent results? Am i emotionally involved? What are my recent results?
Winning Tilt : Care of Overtrading, loose Stop losses, passing by mandatory partial profit.
Losing Tilt : Care of Stops too tight, freezing and undertrading.
8 : Accept uncertainty and pending loss.
A drawdown is normal even to very successful traders, for exemple with 50% success rate, you are gonna frequently have a 16 consecutive losing streak. Why this trade would be exceptionnal? Don't take this trade if you are not ready to lose 16 times your stop without blinking, without complaining. If you find yourself doing that, then it's a sign you are too exposed. you DON'T HAVE to risk 1% per trade, especially if you haven't proved you are a winning trader with a long history of profitable trades. Accept this trade is almost irrelevant and part a of a bigger picture. A lifetime of profitable trades that are going to increase your capital. No more no less.
9 Backtest before exposing yourself.
Is this trade part of my bigger plan? Am i in my confort zone? Am i factually profitable with that sort of trades? If yes, Green Light.
If no, don't panic, this work is not worthless. It is very valuable to open ourselves at other technical analysis, other instruments. But no so recommended to burn some bills on it. Time to Paper test this setup, or trade it on a demo account. Make stats on it, is it better than your actual strategy? Yes, you just made yourself richer? No?Smarter then..