tlcgharvest

tlcgharvest

When VIX hit all time high and retraced below 35, it is a good indicator of the start of a bull run

tlcgharvest

Annual 2019 Trading Results The Elite Gold strategy +51.5% Silver +73.0% Forex & Precious metals +76%

tlcgharvest Updated 

Managing losses is the first rule of any investing. This live result over 5 years was based on 0.83% max/rel drawdown since 2015. In my books risking more than 5% is deemed high risk. Market gaps are normal part of the game, so for any trader that claims market spikes are abnormal, better to stick to blackjack.

tlcgharvest Updated 

Some major indicators - double tops, EMA8 and CCI

tlcgharvest

Wait for confirmation at Support S2

tlcgharvest Updated 

No bullish confirmation

tlcgharvest

Price moderately bearish with rangebound at support. Sell BullPut at support.

tlcgharvest

ETHUSD bouncing up from Support

tlcgharvest

Traded OTM Call

tlcgharvest

Price may remain at 258 for a few weeks

tlcgharvest

Open trade at channel breakout

tlcgharvest Updated 

Reward 0.64 Cost = 2 - 0.64 = 1.36 Target ROI = 47% Risk @SL = 0.92 when price hit $2 ITM = 0.92 - 0.72 = 0.20 RRR = 0.64 / 0.20 = 3.2 : 1

tlcgharvest Updated 

Placed pending trades RR = 2

tlcgharvest Updated 

I shall sit and wait

tlcgharvest Updated 

Time your entry at channel breakout and CCI confirmation >100

tlcgharvest

Price of GLD broke uptrend channel, confirmed by weak momentum CCI <100.

tlcgharvest

Sell OTM credit spreads at interim and strong resistance /support. ATM place your SL, where the price is half of spread ~ 0.53

tlcgharvest Updated 

Trading without a risk management is gambling. Gambling relies on hope. Selling OTM spreads depends on a 75% success rate and surviving a few big losses. The RR is very low if you are aiming to collect 25% of the spread. I traded 12 months solely on BullPut and this has taught me well. It's a losing strategy based on the misconception of high win rate and...