Lvl up after btc slaps. Momentum + Harmonics + Bad Position
Hi TV. I have been terrible at trading for a long time. like months. My first few trades were > 10% of my net value. lol.
Thanks to all of you, especially MagicPoopCannon, for teaching what you know. I've been at this for a few months, I feel like I'm finally starting to grasp the fundamentals. I'm a fan of harmonic, positional setups, but this is my first real stab at watching market momentum and switching timescales to dial in the informed gamble, knowing a pop was gonna happen. My sell was around 750, it had another 100 of profit potential. So I sold again after noticing the jump.
- Falling Volume indicates upcoming movement getting loaded up.
- Low trending RSI means jump up is likely.
- Should have based trade on last harmonic peak position which had.
Thanks to all of you, especially MagicPoopCannon, for teaching what you know. I've been at this for a few months, I feel like I'm finally starting to grasp the fundamentals. I'm a fan of harmonic, positional setups, but this is my first real stab at watching market momentum and switching timescales to dial in the informed gamble, knowing a pop was gonna happen. My sell was around 750, it had another 100 of profit potential. So I sold again after noticing the jump.
- Falling Volume indicates upcoming movement getting loaded up.
- Low trending RSI means jump up is likely.
- Should have based trade on last harmonic peak position which had.
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