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Rocket Bomb's SHORT TERM plans on BTC 😱Rocket Bomb's SHORT TERM plans on BTC 😱 Now I'm running into short - 11,050. Immediately after that, I'll go long up to 12k. I wonder how much money can I earn or lose? What do you think?:))) Am I gonna be rekt?😏 Guys, I'm sharing with you my plans right now! Now I'm running into short - 11,050. Immediately after that, I'll go long up to 12k. I wonder how much money can I earn or lose? What do you think?:))) Guys! I understand that many newbies are watching me, so I ask you! If you wanna repeat a trade, follow the safe trading rules: - place clear stop loss and take profit be sure to calculate the size of the position based on the possible losses before entry into deal. Stay safe🙏🏻 Kiss You💋 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSD
by RocketBomb
37
BTC / USD by #rocketbomb🔥Hello, guys! How are You doing? Hope You are fine🧡 Once again, wanna remind everyone, who watches me, reads me, follows me or just saw me first time !!! Guys, never go in position on highs. Waiting for the correction and enter the position🔥 For buy Bitcoin at the best price, you should split buy orders intob several levels below) Good trades to everyone🤑 I'm always in touch with you🧡 Always sincerely with You💋 Your Rocket Bomb 🚀💣 Below my EDU post. Check it out😉
BITSTAMP:BTCUSD
by RocketBomb
62
Hope. 🙏🏻 Fear. 😱 Greed. 🤑Welcome, guys! 😊Today I wanna talk with you about our feelings and emotions! Fear of falling prices provokes a sell, and the opportunity to lose chance to make monney leads to an unreasonable buy.💥 ⚡Such pernicious emotion like greed is a manifestation of the trader’s arrogance and his thirst for a good income as soon as possible, which also provokes the unfoundedness of transactions.🤷🏻‍♀️ Many psychologists and scientists do a lot of research in the study of human emotions and feelings, the results of which show the ability to control their emotions. 💪🏻 In trading, managing emotions is a very necessary.💪🏻 Let's consider three seemingly simple emotions on which a trader’s work in the market depends in more detail: 📌Fear 📌Hope 📌Greed 😱The role of fear in trading 😱 In fact, fear plays a significant role in the market. Fear often deprives the trader of the opportunity to earn money, but also saving him from making fatal decisions. The emotion of fear often serves as a kind of "brake" for the trader. A frightened trader is obsessed with the adverse aspects of trading. Fear of losing money generates a lot of other negative emotions in your head. 🤑Trader's greed would destroy.🤑 Greed is a disastrous and dangerous feeling, especially for a trader. The prevalence of greed rarely can help to achieve the desired result. It depriving people of the ability to think soberly and objectively. Often, having felt success, a trader wants to earn more and more by making the following mistakes: ❗ Untimely exit from the transaction ❗ Hold position more then you need ❗ Overstatement of risks 🙏🏻Hope is the last thing to die🙏🏻 Of all three emotions, most market participants live with hope. This emotion is completely opposite to fear, because its presence affects the positive thinking of the outcome of the trade. In moments of hope, the thinking of market participants is aimed at making profit, not losing it. People trade in order to achieve success and financial stability, taking income from the market. The circle of such people was divided into optimists and pessimists, absorbed in hope, fear and greed, only to different degrees. One way or another, an overabundance of these emotions can lead to losses . The best option is to find the “golden mean” and learn how to manage your emotions.💪🏻💪🏻💪🏻 😊😊I hope you enjoyed my post, don't forget to support me with like 🌞, subscribe,for don't get lost!💋 Below are links to my previous ideas👇🏻👇🏻👇🏻 Stay with me🌞 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
9
Do You Belive in Fractals NOW?Hello! Do You Belive in Fractals NOW? I drew this chart especially for @DekDavis , but decided to share it with you 🧡 How do you feel about faractals? Guys! I understand that many newbies are watching me, so I ask you! If you wanna repeat a trade, follow the safe trading rules: - place clear stop loss and take profit be sure to calculate the size of the position based on the possible losses before entry into deal. Stay safe🙏🏻 Kiss You💋 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSD
by RocketBomb
29
Cycle Theory and Wave Analysis Hi guys. 💋Well, let's continue develop ourselves???💪🏻 Ok, now let's start from the few words about theory of cycles💪🏻 🌀The theory of cycles is more developed at the theoretical than at the practical level, and deals with cyclical fluctuations not only in prices, but also in natural phenomena in general. Almost all methods of technical analysis fit into this classification.✔ 💥If you wanna be successful trader, you need to understand this method of analysis💥 ☝🏻 The trend (impulse waves) has a 5-wave structure (waves are indicated by the numbers 1,2,3,4,5, A, B, C) and consists of impulse waves and correction. 📌 Impulse Waves 1,3,5 - longer than correction waves - show the direction of the trend 📌 Correction Waves 2 and 4 - has a 3-wave structure (a-b-c) - show the direction opposite to the current trend ☝🏻 1st, 3rd, 5th impulse waves have a 5-wave structure of their subwaves. Correction waves (2 and 4) have a 3-wave structure and are denoted by A-B-C. 📌 Signs of a trend reversal in terms of wave analysis are: - finite diagonal triangle - extended 5th wave - truncated 5th wave 👉🏻The 2nd and 4th waves are corrective. The movement on these waves takes the form of the following correction models: - zigzags (5-3-5) (Zigzags) or simple ( zigzag ) correction - planes (3-3-5) (Flats) or flat (flat) correction - triangles (3-3-3-3-3-3) (Triangles) or triangular correction - double triples and triple triples (combined structures) - incorrect correction In fact, wave analysis has nothing to do with the market. At least in the modern world. This theory once worked, but not now. ☝🏻Although it attracts a lot of people with its simplicity and visibility. Now you will not find two wave operators, that would give the same market assessment and forecasts. So many directions and methods of wave analysis have formed today. Wave analysis is an artificially invented method for predicting markets, that is, not natural even for human behavior. 💥If you use it, then be extremely careful. To say, that wave analysis doesn't work is too subjective. Each for himself decides what and how to use. 😆Right or wrong - the market will judge by adding or taking money to the account.😆 🤔I hope I have clearly explained you my vision of wave analysis, if you are interested, you can study this method more deeply.💪🏻💪🏻 😸Subscribe and don't forget to put like to my enthusiasm, I try for you😉😉😉 Stay with me🌞 Kiss You 💋 Your Rocket Bomb🚀💣
Editors' picks
BITSTAMP:BTCUSDEducation
by RocketBomb
19
The Fibonacci levels #rocketbombedu🚀💣Hello, dears!🧡Today I want to introduce you with Fibonacci levels. Let's start💪🏻 Leonardo Fibonacci is a great mathematician who lived in the XI century. The scientist deduced a number of natural numbers, which later began to bear his name. Each number in the series was the sum of the two previous numbers: 1 + 1 = 2; 1 + 2 = 3; 2 + 3 = 5 etc. The result is a series of numbers: 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Fibonacci numbers have some properties: 📌Division of any number of the series into the subsequent tends to 0.618 (the golden ratio in ancient Greek and ancient Egyptian cultures); 📌dividing any number of the series by the next + 1 tends to 0.382; 📌dividing the subsequent number of the series by the previous one tends to 1.618; 📌division of the number of the series by the second number preceding it tends to 2.618. Fibonacci numbers are often used not only in technical analysis , but also in physics, astronomy and other disciplines.💪🏻 ☝🏻 The technical analysis usually uses the number 0.618 or 61.8%, 0.382 or 38.2%, as well as the psychological half (middle) of 50%. ✔ Very often, based on these coefficients in the technical analysis of the market, Fibonacci lines, Fibonacci levels and Fibonacci periods are built. Fibonacci lines are built relative to significant highs / lows and represent support or resistance lines, from which they make a purchase or sale. Fibonacci numbers - the magic of numbers that works in everyday life. But it works with varying success in trading. ⚡ Please note, that the number of Fibo level workouts is much less than the number of failures. The same applies to other types of levels and various methods for constructing them. 💥You can simply draw arbitrary horizontal lines on the chart, and ... oh that's mystic... they will also be worked out both in the past and in the future.💥 🌞🌞My dear, if you have questions about the topic or you want me to continue the topic of TA, write about this in the comments✍🏻✍🏻✍🏻 Stay with me💋 Your Rocket Bomb 🚀💣 Below are links to previous TA ideas👇🏻👇🏻👇🏻
BITSTAMP:BTCUSDEducation
by RocketBomb
12
TRADING PLAN by Rocket Bomb 🚀💣Hello, friends! Let's talk about Trading plan today! The basis of any action on the market is a well-designed trading plan (TP). The basic rule is never trade without a plan, and when you have done TP, never break it. Work without a plan leads to randomness and spontaneity of actions subject to emotions.🙅🏻‍♀️ ❗❗Before opening a position, you must determined :❗❗ 📌position opening price 📌open position size 📌stop loss order 📌take profit order 👉🏻That's necessary in order to determine the possible risk / win ratio. ⭐⭐A trading plan should uniquely determine the actions of a trader in two scenarios: 1. Price moves opposite the open position 2. Price moves towards an open position ❗A trading plan is drawn up before a position is opened, when a trader is in a balanced emotional state and can adequately think. ❗ After opening a position, you should follow the trading plan very accurately and not allow yourself to make changes to it during the course of trading. ❗ After closing the position, an analysis of the results is carried out, the optimality of actions is evaluated, and conclusions are drawn for the future. ❗ Trading does not end when you close your position. ❗You must analyze it and learn from it. ❗ After closing a position, many players forget about it and start looking for the next deal. ⚡Don't miss the essential elements of the path to the level of a professional trader - analysis of the past and introspection.⚡ Write down your trading plan. Write down the reasons for the exit and what you did right and what is wrong. You will receive a history of your transactions and thoughts in pictures. This journal will help you learn from past experiences and discover gaps in your thinking. 💪🏻Don't forget about self-development!!!!💪🏻 💙If my post was interesting for you, don't forget to put me like and write your thought!!!💛 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
11
Future of BITCOIN by Rocket Bomb 🚀💣Hello. It's sunday🌞Great day today. Hope You are stay safe and healthy!💋 Now we are looking at monthly chart of Bitcoin 🧡 Let's try to predict the future 🔮 On the chart I indicated some lines (down trend and up trend), which formed symmetrical triangle, that was broke in july. That's awesome sign for growth in the future, IMHO. What can You said, friends? Am I wrong or right? Wanna discuss with You future of BTC!🙏🏻 If You have any questions - I'm waiting for You in the comments) Stay in touch with me💋 Always sincere with You🧡 Your Rocket Bomb 🚀💣
BITSTAMP:BTCUSDLong
by RocketBomb
12
EDU " How to trade Accumulation and Distribution" 🔥 Today I wanna tell you about accumulation and distribution zones Come on🚀🚀🚀 ⚡Prices always go from balance to balance and no other way!⚡ Wyckoff said that the price always following one of the 4️⃣ phases: 💥the consolidation zone (flat), where the big player is gaining volume , is called accumulation; 💥if after exiting the flat, demand is higher than supply, then the price rises and an up-trend development is observed in the market; 💥the area of ​​consolidation (flat), where large players exit the position, is called distribution; 💥if after the release the supply prevails over demand, then a down-trend is formed. If you look at these 4 phases of the market, the key problem of forecasting further price behavior will lie in the first of them, in accumulation, when it may not be entirely clear where the price will go after. Below, based on the Wyckoff and VSA method, I'll show how to correctly assess the situation and take a position in the right direction. 🔋🔋🔋Accumulation🔋🔋🔋 🏹Phase A - Market Stop. 🏹Phase B - Supply and demand balance. 🏹Phase C - False Breakdown. 🏹Phase D - Search for entry points. 🏹Phase E - Beginning of a new trend. In the ❗distribution❗ phases, everything is similar to the accumulation phase, only upside down. Important💣💣: don't go into shorts in the accumulation zone; in the distribution area don't go into long!!!! Guys, if you liked my post, put me 👍🏻 and write a comment✍🏻 Don't forget to subscribe, if you aren't already😆 And of course, stay with me, dear💓💓💓 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
10