Get started

Shortterm

Buy and Hold ? Look at altcoins, BTC and the marijuanaFor the younger generation and many others, if you bought and held some specific sectors...you have been rekt. Sorry! ACB? WEED? SCRT? BTC? BABA? SCRT has been on an incredible ride, which we took very advantage off. See my related idea below about SCRT going to 8$. There is a moment to be in and a moment to be out. Buy and hold may be good strategic in some cases but there seem to have a negative view of the traders mindset. Those whose play the game of swings and emotions as well as rationalise via technical and fundamental indicators. We each have our own strategic way of using the financial system. To me, the last couple of years demonstrated how risky it is to buy and hold. My trades were on those sectors mentioned. If I held any of my past positions. I would not be near where I stand today. Probably because I seek risk asset. But that's also where a lot of money can be made. It depends on your risk tolerance. A good technical trader that knows how to deal with its emotions and follow the hype will beat the market and exceed any long term trading mentality. You have to play the game. And you can get good at it, not like the casino. It's more, are you that type of person? I think now might be a good time to get your toes in the water in some assets you are interested in. There is still downturn possibility. Just be patient.
BINANCE:SCRTUSDLong
by thedecentHQ
2
ETH / USDT 4HChart - Resistance And SupportHello everyone, let's look at the ETH to USDT chart on the four hour timeframe. As you can see, the price is moving in a triangle marked with yellow lines, which means we are close to leaving this triangle. Let's start with the support line and as you can see, we first have a strong support zone from $1175 to $1133, if the support is broken then the next support is around $1075. Now let's move on to the resistance that the price has to fight when it starts to rise, as you can see the first resistance is the $1277 to $1350 zone, if it breaks out the next resistance will be $1474. Looking at the CHOP indicator, we see that in the four-hour interval, the energy is used, the MACD indicator indicates that we have entered a local downtrend, and looking at the volume, there is little interest and that the last 4 hours were dominated by sellers. It is worth bearing in mind the information about the hacker who, after stealing ETH from the FTX exchange accounts, slowly began selling the stolen funds.
by cryptodailyuk
1
AUDNZD I Here's what to expect next week! Welcome back! Let me know your thoughts in the comments! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
9
🔔 GJ - The pound rises late after the interest rate hike 🔔Just one day after the US interest rate hike, the Bank of England’s decision on interest rates in Britain has now been issued, which came in line with experts’ expectations to raise by 0.75%, to now reach 3.00% after it was 2.25%, which is the highest rate since 1989, i.e. 33 years ago , indicating that the Fed is following the Fed's lead in favoring stagnation over inflation. This decision came after yesterday's decision by the Federal Reserve to raise interest by 0.75%, in conjunction with the suffering of the pound sterling in light of the growing strength of the dollar.
Long
by Takie_eddine
2
(GBPUSD) Wed, 16 November 2022 SetupOANDA:GBPUSD GBPUSD Long bias. Status: Open position What do I see? - PPI MoM reflects a bullish response in the short-term period. I'm taking this opportunity to target the resistance level (1.20002 - 1.20198). What I would do? - Previously the opened long position got closed. What I gonna do now is to reenter back to the same position, according to what is already been planned. If this fails the second time, I'll wait for the market to go down to the support level (1.17329 - 1.17461) or wait for Retails Sales MoM Report for another confirmation. Key point: - Still Long bias - Could potentially hit the target, as there is a strong rejection by the bulls. Happy Trading! Good luck!
Long
by Tenozen
EURCAD I Short from Supply ZoneWelcome back! Let me know your thoughts in the comments! **EURCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
7