Win!1
Vumanchu cipher b with divergence and ssl trend First post here I’m working hard at understanding technical analysis. I’ve created a 4hr/1hr strategy with the Vumanchu cipher b with divergence, ssl trend set at 18 for both, and 50/200/400 ema.
Went through marked 4hr divergence and trend based signals highlighting the 4hr trend with vertical bars marking buys and sells. made up positions on the hourly ssl trend with entry at change of trend or hourly divergence stop loss at previous wick or opposite trend line. I’m a part time trader and needed a slow strategy for short term swing trades. This strategy has provided me with multiple entry’s and clear exits great for a newer trader looking for a flexible strategy. For free! Works on all time frames I find it best on daily 4/2/1 hrs and 15/3 minutes for scalps.
Just an idea!
Emotion-Free Trading After a Loss✅1. Don't panic:
Losing a trade can be frustrating, but it's important to remain calm and not make any hasty decisions. Remember that investing in stocks and cryptocurrency carries inherent risks, and losing a trade is a normal part of the process.
2. Don't hold onto a losing position:
If a trade is not going in your favor, it's generally a good idea to cut your losses and sell the position. Holding onto a losing position in the hope that it will turn around can lead to even greater losses.
3. Don't chase losses:
Trying to recover losses by making risky trades or investing more money is a common mistake made by investors. This approach is often referred to as "revenge trading," and it can lead to even greater losses.
4. Don't give up:
Losing a trade can be a setback, but it's important to stay the course and continue to invest in a disciplined and strategic way. Don't let a losing trade discourage you from reaching your long-term investment goals.
5. Don't ignore risk management strategies:
It's important to have a plan in place to manage risk, especially when losing a trade. This could include setting stop-loss orders, diversifying your portfolio, or using other risk management techniques. Ignoring risk management strategies can lead to even greater losses.
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Don-Key Finance after the XRP win and BTC halving My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many would be terrified at these prices but these are the entry points that can offer the best crypto returns given the platform's success. The XRP outcome along with the Bitcoin halving could bring the Bull run we are all expecting within a certain time frame. The final date for summary judgment with Ripple is the end of March unless this is moved. The BTC halving should come on April 12th, 2024. Both of these dates could bring another level to the crypto markets that catapult many projects to new highs.
Target Reached!Incredible run the last few weeks.
This idea is more of a victory lap.
Bear bones are piled so high, their arrogance was their own undoing.
Despite a terrible ER from the tech sector the S&P index broke through the 50 day moving average after a second attempt.
If you held longs through the last 2 weeks, congratulations to you. Remember. ATP (always take profit).
Volatility going into the weekend is high.
Who knows when the bottom will drop out.
Volatility is now mean reverting.
Event news will be important for next direction the market goes.
What's next?
- Monday is JHQDX reset.
I don't expect much more than ~1 deviation from where we are now.
Monday may put a lid on 3900.
- FOMC next week will provide more volatility. 0.75 is already priced in.
Fed sees housing stats plummeting because of the sudden interest rate shock to the system, my thinking is the FED will pivot here.
The housing and car market have come crashing down to the point any lower and they risk a crisis.
Seeing healthy move from speculation to value. (out of the metas into apple and tractor supplies)
- Mid Term Elections
Dealers are short volatility during event. My guess is vol down, stocks up no matter the outcome.
- CPI
I have a strong sense that CPI will come in much lower for Octobers print on Nov 14.
I plan to outline n idea for this.
CPI (Nov 14) will be released before PPI (Nov 15).
$XLE: +6.65% WIN, Taking Half Off This might continue to run, but I want to take profits into strength +6.65%
I am only taking half of the position. For the rest of position stop loss is at break-even.
This way I am GUARANTEED profit for at least +3.33% on the whole position.
With this technique I have massively improved my worst case scenario.
Probability is high for a pullback.
UJI'm looking at this trade and I'm hysterical because I told myself that it's going to come back so move you SL. I said this before closing my laptop, but I guess it was louder in my head then the actual action of doing it.🤣🤣🤣🤣, it's one of those that are not bad because my plan accommodated the possibility of the loss.