Guess Who`s Back Back Again. Teaching Futures Trading and Sending 5 Trades Every other day! GO in quotes to see WHY the trade took profit or loss and compare both charts to UNDERSTAND
I did a post saying #Trb 🚀 is taking off, but I used the word instead of the emoji, I get restricted for advertising a service. Seriously now, #Binance get some Human`s to review the post.
I am going carve out a Niche Market, Teaching Futures trading as well as sending 5 trades every other day or 2-3 trades everyday. I will try to break down the elements of trading futures for everyone.
Long #grass Entry- Market- 2.01 Stop- $1.80 Take profit 1- 2.21 Move stop to ENTRY after take profit 1 Take profit 2- 2.40 Leverge- 10-15x CROSS MARGIN
Why- Look at the chart #Grass is attempting to test the final 2 resistance levels. Continued rejection at 2.21 Close the Trade
Check quotes, to see, how the trades does, I will explain why it took profit or loss.
#Mask SCAM, Market MANIPULATION. Sorry that is nonsense, this is WHY #Maskusdt drop and the 2 reasons are VERY SIMPLE
Look at the charts
1st Chart 1. Dec 2024 $MASK got rejected at 0.500 of the fibs 2. Last Week, Mask Automated Market Maker(AMM) built a huge SHORT position(Lime Green Vector Candle) 3. Retested Dec 2024, High, Rejected 0.500 of the fibs off she goes.
2nd Chart 1. It tested the last line of resistance(red labels) 3.7184 on the Daily. Simple so.
Vector candles people, this not 1990.(Google it) How does the exchange work , the Market Maker contracts with the exchange and they control the liquidity. It is the AMM that stops the market, it is the AMM that drives price. So u can learn every candle stick chart pattern in the book, the AMM can form any pattern it wants.
It headed to 1.65, If u trap long, You go get treat Like Beiber at a Diddy Party, with Clive Davis coming over and IF it does not reform AND HOLD 1.9878 as SUPPORT, Then.....1.10
Open short - Entry 12- 1.59- 1.53 10x cross margin Take profit at the daily open - 1.3450- Move stop to entry Pivot point - 1.28 STOP 1.82
Why 3 hours rejecting at the m4 Pivot and the automated market maker has built 2 short positions( red arrows) , which he is going to drop the market to collect on.
Short- Entry Market- 8.31 Leverage 10x Cross Margin Target - in the screenshot Stop- In the screenshot. Move stop to entry after you have taken a take profit targets
$DOGE Where is it headed? To support. Trading Lesson #1 Support and Resistance.
Trading is 80% support and resistance. Nothing more, nothing less. This fascination with learning every candle stick chart pattern and being macd cross sexuals will not get you anywhere.
They are 4 major support and resistance levels 1. Price Action 2. Trendline 3. Moving Averages(Exponential are the best) (50, 200.365, 800, 1000) 4. Dynamic Fibs( Fibonacci)
Let us look #Dogecoin this will be brief: Follow the chart
1. May 10th - 22nd - Rejected at Price Resistance 0.25094 2. 96 hours Rejecting at the Lower Trendline Resistance 3. Rejection at the 50 ema 4. It is headed to 0.15622. set an alert. It does not matter when or how, IT IS HEADED THERE
Notice this is the 12 hour chart, The higher the timeframe, the more accurate, the support and resistance. Now this trading nonsense that is prevalent on youtube about buying on the way down. Why would you do that? You buy close to the last line of support.
Finally a coin in retrace WILL ALWAYS, Break the last line of support and then reform it. #writetoearn
Why $Rvn funding rate is -2.00, whenever you have a funding at negative approaching the exchange 4 hour close. The market makers are going to give SHORT positions the Funding rate Diddy. With lots of Baby oil. In the next 2 hrs and 20 minutes shorts will pay longs, not only will you take profit, but you will get funding rate free money. You can even close if u wish. #FutureTradingSignals