As we should know by now, in trading we identify a Pattern and Trade the Probabilities whilst protecting ourselves with STOP LOSSES. Well, our good friend Stop Loss kept our capital safe. With Bitcoin Short stopped out we took a negligible -1R loss. Bearing we had a Bitcoin Cash WINNER of +3.14R win. NET PROFIT IS is +2.14R, that's how we trade, our CAPITAL...
Monero support I have previously shown in my public posts, using my TA skills, is holding well and we are seeing signs of some upward movement. It may prove to be a slow burn trade but I still think it's worth starting to accumulate a position at 5:1+ Risk Reward. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading,...
WELL DONE to those who took this trade and had the DISCIPLINE to hold on. I know some of you are still in and I'm happy if you go more than the 3.14 Reward For me, I know I like CASH IN THE BANK and TAKE PROFIT at target. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it....
In this Analysis, I am going to give you a LIVE TRADE where you can MAKE EXCELLENT MONEY $$$ from. Remember, trading is about probabilities and if it's not right we have our stop loss to protect us. Let's start with the left-hand side chart, which is a Daily chart. We see that the Market has been making Higher Highs and Higher Lows, an Uptrend. However, we now...
Just a heads up following a large selloff on Bitcoin Cash (BCHUSD), this is one coin I see as adding to your Portfolio as a longer-term investment and just holding. I have also posted a Speculative trade R:R 3:1 Hope that helps. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers....
Bitcoin is struggling to hit above $6,000 and we have a Sell signal, which is what I have been waiting for a Correction. So this Short trade has a R:R 2.5:1 Note I never predict timing on this Forum (so don't ask me when), I am positioning myself for a move with pre-defined risk which I fully accept. Sean Vengan 10+ Years Professional Trader and Trading...
Following a hard selloff in Ripple following the Swell, Ripple appears to be finding its feet on the support identified in the charts. So we can begin accumulating a position here R:R 3:1 This may be another slow burn trade as it treads water but the risk is low and measured. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN...
Bitcoin Long, this is a trade offering a R:R 2:1, target around $6,000 Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series...
Our previous Litecoin trade was stopped out for -1R, Here is a new trade for long reentry. Resistance and Support shown. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat...
Long Trade on for Litecoin R:R 2.5:1 for a shorter term trade. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of...
Fib support on NEO. Now this trade may go sideways for awhile, as it still works its way inside this Wedge, but with Support here at these prices its worth a risk as we see good support here and a healthy R:R 3:1 Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you...
A few of you have requested for an update on MONERO, so the chart shows the Fibonacci support that I have identified in my analysis. Hope that helps. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop...
Remaining Neutral and Objective has allowed me to gain some clarity now on Bitcoin, so I will share my Time analysis (I rarely share) as well as Price analysis. So you get Time and Price today. As you will see, from this UNIQUE ANALYSIS (I have noticed a number of authors "copying" parts of my work) that Bitcoin has been working in a series of WINDOWS, helping us...
OMG Long Entry 7.8000 R:R approx 4:1 Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE....
A number of you have asked for a current analysis on Ripple (XRPUSD). So here is my view of Ripple's Key Fibonacci Support and Resistance Levels, on a Daily Chart. It does appear to be range bound, in this wedge, and currently (at the time of writing) testing the lower limits of the Range (Support). Hope that helps. Sean Vengan 10+ Years Professional Trader...
DASH is getting ready to make a move - which way up or down? With fib support here the indication is up, but if the support breaks then a nice fall follows. As it works its way into a corner we will look for more clues as price moves on from here and ride it... Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading,...
We are currently in a Long trade on Litecoin, with our stop placed at $47.92 (see related trade). To share with you more of my specific professional trading view, I am showing you specific Fibonacci Price Support and Resistance Levels. By revealing to you these, you have the opportunity to either add to your position or create a new position, either as an...
Update on Ethereum's Key Fibonacci Support and Resistance Levels, on a Daily Chart. Hope that helps. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat up our losing...