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Day Trading vs. Swing Trading vs. Position Trading 86 replies

Attachments: Techknow Trading
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Techknow Trading

Before i get back to work for the evening. Remember this. Always draw a channel. Always try to find the channel. Even if it's not perfect, and you are kinda placing it on your own at first. A channel is one of the most reliable methods of finding price actions. Ill go into this more when i finish up this other stuff.
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TechKnow
Quoting Techknow
Before i get back to work for the evening. Remember this. Always draw a channel. Always try to find the channel. Even if it's not perfect, and you are kinda placing it on your own at first. A channel is one of the most reliable methods of finding price actions. Ill go into this more when i finish up this other stuff. {image}
thanks Tech, much appreciated.
I'm short gold for 2280. If necessary, I'll add one more short if it goes any higher. Don't overtrade this gold; it's
volatile right now. Take the light position. Make a medium bounty on target and lose a light bounty on stop. I dont have time for tons of charts atm but this is my stance. I am watching for the Next major TL to break on a bit for the rest of the fall. (yellow)
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TechKnow
Happy Songkran from Thailand. (New year)
TechKnow
Quoting Techknow
Happy Songkran from Thailand. (New year)
Happy Songkran, I wish you a very good year.
"Money is the point" - Saul Goodman
I closed some bit positions; as I previously said, I'm gonna cut this position soon, and if it goes up at all, I'll close it as well. Account will look sloppy for a week or so while the rest works itself out. Hope some of you caught that gold short. Ill be back around later tonight.
TechKnow
Quoting Techknow
I closed some bit positions; as I previously said, I'm gonna cut this position soon, and if it goes up at all, I'll close it as well. Account will look sloppy for a week or so while the rest works itself out. Hope some of you caught that gold short. I’ll be back around later tonight.
Happy Songkran Tech. Have a great one!

yes fortunately managed to catch both shorts and longs on gold yesterday, just quick scalps.
______________ and LTR in da afternoon = FOMC mins.
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Don’t focus on making $$$, focus on protecting what you have.
Quoting Techknow
I posted this before the break out of the original pennant. Im worried all the bears are going to get killed on gold as I keep trying to say it's going to 2370 but everyone is so bearish I think they will just have to see. Longs are well in profit now, and I will just keep them risk-free till, hopefully, they hit my target. {image}
amazing call a few weeks back

lets see if gold finally reverse.
ma ma make me happy
Quoting hanzohas
{quote} amazing call a few weeks back lets see if gold finally reverse.
I appreciate that, I'm short for 2280 and 2200 right now. I dont know if it is the end yet though. However I do think both of these targets will be achieved. Already well on its way.
TechKnow
This Ponzi coin waited till I cut half position to start falling, but hey, that's trading, lol. Now, after all of the chaos, when the position finishes, it'll most likely just be break even. No matter, though, DD never broke 15%, and my limit is 20%. Not sure how I hedged my way through that. I made over 2000 trades in the last 3 weeks and 1500 of them or so were the hedges on btc. Reason 348728732 I hate hedges.
TechKnow
Quoting Techknow
Speaking of funky candles in important places, we have this candle that closed near the major trendline, but I think it is just playing with our emotions. It's really a bold claim, but I just don't think the TL overpowers that candle. I'm long for 106.5. I will add any move down and twice on the way up if I get the chance. {image}
added
TechKnow
Quoting Techknow
{quote} I appreciate that, I'm short for 2280 and 2200 right now. I dont know if it is the end yet though. However I do think both of these targets will be achieved. Already well on its way.
Holding on to a few shorts in the range begnning from 2242. Was not bold enough to take a loss like boss
I do much better when I just enter/exist relatively fast for small profits.
ma ma make me happy
Quoting hanzohas
{quote} Holding on to a few shorts in the range begnning from 2242. Was not bold enough to take a loss like boss I do much better when I just enter/exist relatively fast for small profits.
Not a damn thing wrong with scalping the market. I do it in between all my swing trades because I get bored af waiting for things to pan out. "Loss like a boss" keep holding those shorts , at least for 2280 then 2200ish with a stop placed in nice profit.
TechKnow
Quoting profits7
______________ and LTR in da afternoon = FOMC mins. {image}
Thanks for this, for some reason I did not look at the calendar at all today and almost missed this!
TechKnow
Hello friends, Day 2 of country-wide water fights today. I will do my best to not get pneumonia by day 3. I see a nice gap on both ends of this. Im going enjoy playing both of these gaps. Keep your gold positions to 2300 and then protect them. This looks like a correction, not a reversal, but I can't confirm yet. Bitcoin is doing whatever it does; it just retests one of the channels. But its back on the upside of the pennant.
We will decide whether to close or keep today at a daily close. Its ugly ill be happy to cut it and move on if needed. Back out into the wild for water fights.
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TechKnow
Quoting Techknow
Hello friends, Day 2 of country-wide water fights today. I will do my best to not get pneumonia by day 3. I see a nice gap on both ends of this. Im going enjoy playing both of these gaps. Keep your gold positions to 2300 and then protect them. This looks like a correction, not a reversal, but I can't confirm yet. Bitcoin is doing whatever it does; it just retests one of the channels. But its back on the upside of the pennant. We will decide whether to close or keep today at a daily close. Its ugly ill be happy to cut it and move on if needed. Back...
so the gap to be filled down is to around the 2300 level and the gap up is roughly where? 2365?
Quoting Markyboi
{quote} so the gap to be filled down is to around the 2300 level and the gap up is roughly where? 2365?
Talking about USDX buddy, check the chart 104 -106.50
TechKnow
Quoting Techknow
{quote} Talking about USDX buddy, check the chart 104 -106.50
My apologies. Hardly any sleep last night
Quoting Markyboi
{quote} My apologies. Hardly any sleep last night
I've been sleeping 2 hours a night for 20 years,lol. This week is especially hard because I can't walk 10 feet without getting blasted by water 24 hours a day. Dont be me, get some sleep!
TechKnow
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