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Day Trading vs. Swing Trading vs. Position Trading 86 replies
DislikedBefore 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}Ignored
DislikedI 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.Ignored
DislikedI 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}Ignored
Disliked{quote} amazing call a few weeks back lets see if gold finally reverse.Ignored
DislikedSpeaking 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}Ignored
Disliked{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.Ignored
Disliked{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.Ignored
DislikedHello 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...Ignored
Disliked{quote} so the gap to be filled down is to around the 2300 level and the gap up is roughly where? 2365?Ignored