After getting back onto TradingView to do some more daily market updates (which wasn't the plan) I put less effort into the market setups as I'd gone over to the otherside of the progression curve. Students have the same thing happen to them once they have gone beyond the honeymoon period and then into the management of their patience and discipline rather than...
Taking a loss every once in a while is apart of your trading experience How to protect your account, the Kelly Criterion and more is discussed in today's Market Update
Alos, use the higher and lower timeframes to guide you to where the market is heading next
This is for educational purpose and not a financial advice
Today we chat about a range of topics > why not to trust convenience or black box solutions > why exchanges aren't your friend (and your capital is) > why scaling is so important to geometric forecasting > how to spot a symmetrical triangle and what it means to you (aka you're not allowed to trade during a symmetrical triangle > market structure & trend recap
today's lesson & update will work best with yesterday's video on market structure. It also highlights the importance of solid rules to trade with, in this instance it is: trade with trend wait for price action to exit killzone use demo accounts to learn a new skill, not real money (until your results prove that you are ready)
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
Getting the market structure correct makes or breaks the rest of your forecasts. Many Gann Traders don't know where to anchor in their Gann tools correctly Today I chat about the market structure and allocated market energy within it
We can keep climbing if the price will go back to the top before 14th may, otherwise...
I'm sure I'm going to get some bad press about the market now going up again... Ranging markets are tough for everyone, its how you handle your account during the periods of uncertainty that matters I'm exhausted by seeing the market going up, so I'm personally shocked that it has the energy to do so...alas, its going up So for those who sold to cash,...
This video is an example to what I taught my student in the academny in last night class.
As I've been saying for days, the downtrend is continuing The 3rd high has formed prematurely (imo) so expect some weird market moves as it attempts to shift itself into a 'responsible' structure one more As always, don't rush in. You don't need to chase trades like the masses do, you can hand pick the quality setups
Based on the time the price stays below 18464.70, we will be able to understand which cycle's degree is on the edge. Given that the time for a T+5U is not over yet, we expect to return to the absolute top in the next months (> 18464.70), but before we have to close a potential T+3/T+4 downward cycle.
The current market conditions suggest that we are witnessing a period of consolidation, with prices trading within a narrow range. This consolidation phase is likely to be a temporary pause before the prevailing downtrend reasserts itself. Key observations: > Prices have been oscillating between well-defined support and resistance levels, indicating a lack of...
Not much change from yesterday's update. The Price went into range as suggested. Watching for a reversal to the upside, but unlikely I feel the market is heading down overall. As always keep a smartly set stoploss in place to protect your capital from the zigzags that happen across the chart whilst price anchors in to its sweet spot before continuing on trend
This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰
at the end of last week I said to be aware of consolidation coming in with a major market move to follow. That's exactly what happened, only the market went down (thankfully) instead of exhausting itself further on the up Full explanation in today's longer than usual video
As we approach the Easter weekend, the Bitcoin market anticipates a period of lowered liquidity, signaling a time for traders to step away from the screens and embrace the holiday spirit with family. This seasonal slowdown presents a rare moment of respite in the otherwise bustling world of crypto trading, offering a reflective pause for strategic planning. It's...