"If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money."
- Bill Lipschutz
Bitcoin Seasonality Analysis 📊
These are some previous examples of Bitcoin October seasonality when the market is predisposed to be bullish.
This is the exact same case for US Equities, which has a bullish seasonal tendency from Oct to Nov.
Bullish seasonal tendency + market predisposed to be bullish = Money printer 💰
Trading becomes straightforward when you focus on A+ setups and allow time to work its magic.
Читать полностью…I've noticed many people don't stick with trading long enough.
They hop from one strategy to another, giving up after just a couple of months.
It seems the structured timelines of school and work have conditioned them to expect quick, guaranteed progress.
I am now 50/50 on Euro, nothing clear because we are trapped between two daily FVGs.
I think we can anticipate a move down toward the daily orderblock and see from there if price decides to reverse.
But there is potential for price to continue moving upward from here using this daily bisi we are now in as support.
Learn to sit on your hands when the HTF chart is not clear.
In situations like these you can move to other markets like the crosses which have clearer PA.
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ICT concepts are actually simple if you study.
You are the one making them complicated.
Not the concepts.
This dude asked me if I trade Elliot Waves.
I immediately blocked him.
Lesson in there.
BTC/USD 1D Analysis 📊
Not bothered about nickel and diming this market, as we get closer to October the more bullish I am.
If you know seasonal tendencies you know why, that's when we should see the next leg up.
Some people wanna be successful but don't want to take any risks in their life.
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Cut out taking random trades out of boredom.
Sitting out and waiting is often better than diving in.
Keep your focus razor-sharp on your system.
IG suspended my 131k follower account because the FB account linked with it got suspended automatically by their system.
There is no way to contact them other than submitting the appeal.
Any tips to expedite the process would be much appreciated.
DM me here @AskTTNow
Patience is key in trading:
- Your process
- The market
- Yourself
This game is all about waiting for the right moment.
Learn to cut your losses systematically—it's just part of the job, no hard feelings necessary.
Читать полностью…BTC/USD 1D Analysis 📊
If we close on the daily chart below the 50% of this wick we will see further downside.
September seasonality really kicking in which is bearish for Bitcoin and US equities. Also lowering interest rates means risk on assets go up btw.
We will get more bullish PA just people need to get shaken out.
Understand:
Every book you read, every chart you analyze, every trade you execute is a step towards mastery.
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If you had 1-2 profitable trades Mon-Wed.
Take the rest of the week off.
Go into the weekend with a W.
Don't give back your gains to the market and ruin your entire week.
Trading is more psychological than you think.
Remember this:
If you find yourself unsure of where price will go.
Doing nothing isn't a sign of weakness.
It's a sign of supreme control.
Start your month off the correct way and take your trading to the next level 🤝
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GM.
Success in trading hinges on self-awareness.
Understand when you're in your prime and when you're off your game.
Peak performance isn't sustainable year-round.
Learn when to push hard and when to ease back for long-term success.