I see a successful trade as a trade either makes money or mitigates losses and further loses. An example of this is the trade I made on may 17th and exited 5 minutes into the day of May 18th. The price dropped 5% further.
Long story short, I have thought APPL looked like crap since April 7th, when both Hull averages on the day and 4HR timeframe lined up in a bad...
Hi traders,
it's typically like a holiday for us traders when the market (SPY) moves strongly to one side as it did after Wednesday's open. But in current uncertain times (see my vid. "Indices Will Start Falling When...") you can never be sure of the genuity of such move. We saw exactly that yesterday. A V-shaped reversal and straight back up, ending the day...
We are at the very top of a growth cycle which is "NOT " Organic and being manipulated by HFT and Large Whales! This is not sustainable by the regular investors or traders. Investors/traders beware of the bull trap which I see! I will wait for the price correction and would rather be safe than sorry!
PS. Their is too much TA garbage out there speculating in...
![BTCUSD: [BTC-USD] BULL TRAP! NOT SUSTAINABLE! BTC MUST CORRECT!](https://s3.tradingview.com/k/kN3rXqUF_mid.png "[BTC-USD] BULL TRAP! NOT SUSTAINABLE! BTC MUST CORRECT!")
