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Tia@Celestia on WEEKLY LONG ENTRY Hello everyone, and happy Friday! BTC's current price is 99,269 USDT—incredible! For a quick and simple TA on BTC, check out my ideas. Feel free to boost if you like the content. As for Celestia (#50 on CMC) on the weekly chart: the price remains at low levels but is forming higher lows compared to the week of September 2nd. The system is LONG, with the stop-loss (SL) placed at the first PSR, which technically validates this position. This makes it a forced entry on the weekly. I'll keep you updated. Have a great weekend, everyone! It’s late here (UTC+02:00), but if it’s still early where you are, I hope your Friday night is everything you want it to be. Stay safe, and remember to think before acting.
Long
by vagada
Stock feedback loopStock market is a adaptive system or a stock, with feedback loops (for inflow, outflow function). Where nobody knows the outcome or future, but feedbacks (corrections or resistance) gives tells (makes inflows or outflows). Without a common leader. Economists think in models (price is the result of supply-demand, or inflow-outflow) that helps to explain system behavior (short term moves), but models are just ideas to explain complex world (models work until they dont). System thinkers study the stock not aggregate behavior . Looking at markets trough perspective of "eco system" helps better understand the drivers or moving forces?
FOREXCOM:SPX500Education
by citsvar
AVAX Kimbo Meme coin could of bottom out from hereLooking at the charts and volumes it done it's 3rd leg wave down in volumes (OBV chart at the bottom) and $0.0003992 US price could of been the next bottom for these waves. If so, Kimbo poised to be big for AVAX meme coin The OBV volumes showing less selling presure now and good chance in the days ahead great buying pressure Some of the fundamentals: Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment www.coindesk.com I when to dexscreener to evaluate what moving fast for meme coins - dexscreener.com - Clicked on LIQUIDTY and when sort by descending order, Kimbo is number 2 spot. The number 1 spot doesn't have much value but Kimbo has long term potential for big gains Their website is IMPRESSIVE!! So much community work on this meme coin A++ www.kimboavax.com This the big one - they actually "burning" the "token supply" so Kimbo becomes more scarce. What think going to happen with the prices when reduce the token supply? Prices go up and up and faster! If scroll down the bottom of the page for Kimbo website you see "Kimbo Merchandise" - These meme coins have VALUE! and can buy NFTs for it too Fundamentals is good, AVAX team buying into this meme coin for exchange liquidity. Most likly be listed on KuCoin and then Binance. This has pretty good volumes too and I like the charts for this great opportunity On twitter they going to expose this project to the masses on Facebook, Instragram i believe very soon. It has 18,000 twitter followers and can go pass the 50 to 100,000 followers twitter.com This poised to be the next Shib Inu, Dodge meme coin where billon and billon of dollars flood through this project Do you like Kimbo, do you think it has so much potential?
TRADERJOE:KIMBOWAVAX_03A588.USDLong
by SmallWindow
Trader makes money, not the system (p.4)Experts' answers Question In the last month I made 24 entries into the market, the monthly result is a 2% capital gain and 70% of the positions were not losing, that is, they were on the plus or zero. Nevertheless, it worries me that I earned little, I feel like standing still. Several times I had such a case: I have SL equal to 20 pips, the market went 20 pips in my direction. I think to myself that it would be a shame to give away the whole 40 pips when the market retreats so I decide to move the SL to zero. Of course, the market reached my SL and closed it, then finished the correction and reached my TP and even exceeded it by eight pips. It's something I have often. Maybe I shouldn't move the SL so quickly, what do you think? Answer The answer to this question will give you the tests, not me. I am not familiar with your system. I infer from your question that you do not have a set way to manage the order from opening to closing. And that means one thing to me - you don't have a finished work on the system. You should know exactly what to do when you are in the market. To find out, I suggest reviewing the last, lets say, 100 historical signals. Look at what the market did after the signal and what you should do. Keep asking yourself this question - what should I do when the market does x? Then, when you have already processed 100 positions - it is worth doing the same on a demo or on a simulator, for the reason that practice shows that the market looks different at the moment of the order and you can't see certain things when they are drawn. You can see them only from the perspective when they have already drawn. Therefore, in addition to historical analysis, you need to practice on a demo or on a simulator. This way you will educate your decision-making processes when managing an open position. The fact that you are coming out at zero is a good sign, you have a workable system now only work out the details of position management and profits will grow. Give it a boost 🚀 and drop a comment so we know to publish more for you. Chect the footer. Cheers! More & Follow: www.tradingview.com
Education
by drSwierk
Simple management is easier on your mindhi, just wanted to share a couple of thought on management, mainly for new members. in my eyes, there are two categories of management: simple (fixed RR) and more complex (variations of trailing). Both have positive and negative sides. In my eyes, as a very very subjective opinion, simple fixed RR system will be better for most people. Or ok, I'll not speak for most, but for me definitely. Why so: incredible simplicity, cause you just need to test to see how much your trades usually run + create b.e. rule, and you're good to go 3-5RR are usually best for fixed RR systems do not underrestimate the energy that goes into making decisions while managing and waiting, watching for the trade to develop into higher RR's. With fixed you don't have this - you just go b.e. and then you can close the terminal, and go away if needed. However yes, advanced experienced consistent traders would trail almost with no extra emotions, cause it's usually more mechanical. With that said, for many relatevely new traders, trailing could be extra emotional. with fixed, you'll have less chances to become emotional, because of many reasons, for me personally fixed RR system gives a sense of accomplishment on every trade, while with managing I'm constantly thinking how can I manage longer better etc. So I'm rarely satisfied when I'm getting stopped out on trail, cause I'm still "stopped out", while on fixed I have a sense of good work done. I know it's weird, but it's personal experience I could continue, but I guess the general guideline is there. My main message is that TP can be a very simple fixed 3 or 4RR and that would be more than enough and easier for most people's mind have a good weekend.
BITSTAMP:BTCUSDEducation
by Yelli_trades
1
AUD/CAD Bigger Picture and Scalping ZonesThe bigger picture of AUD/CAD looks bearish. The price is consolidating between the high and low of 1996 and 2001 as a major swing high/low. After breaking a swing low in 2001 price attempt to break a high in 2012 has failed. Since then every swing of the price has persistently broken the previous low. The secondary sequence has respected the WCL zone created by the primary sequence and the B zone created by the secondary sequence. Hence, if the Tertiary Sequence respects the B zone, the price has the potential to break the previous low and continue its down move. Price Action & TDI Perspective:: Weekly Doji Candle and price not being able to close above the high of Shooting Star (indicating that the current price attempted to test the Doji's high) Weekly/Daily TDI under the formation of Umbrella// Divergence My perspective 4H has already formed a divergence, wiped the sell-side liquidity, and broken the previous low, with a 100% Fib. extension and a beautiful retracement to B Level.
Short
by NareshSenThakuri
2