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📊 Signal Summary
✅ Inactive / Prepared: INTC (limit), BMNR, NVDA
✅ Price Action signals active: MARA, DOGE, OP, ADA, TLT, COIN, BTDR, HBAR#1, NEAR, EIGEN, XOM
✅ DEMA Percentage Band Rule signals active: SUI,
✅ Take Profit #1 Hit (Still active): ETH, ONDO, AAPL, AVAX
✅ Take Profit #2 Hit: GOOG, HBAR, 700, BTC, STEEL, TSLA #1, TSLA#2 (Triangle), (Moved to ‘Completed Trading Signals’)
✅ Invalidated and Stop Losses: META, BTC 4H, HBAR #1, JUPITER, AMZN, HBAR#2 (Moved to ‘Completed Trading Signals’)
🔎 Market Summary
Yesterday was a bloodbath in alt-coins, the S&P500 had a minor blip while Bitcoin continued in its multi month range making it hard for traders! Apple continues to inch towards take profit #2!
🚀 This drops has reset indicators and there are some amazing opportunities right around the corner now!
🐂 The macro trend is up, we are in a bull market and don’t want to go against the larger trend shorting as this significantly reduces the chances of success, even though it doesn’t look that way at first!
One must master their emotions before mastering the markets!
These systematic crypto drops are how traders get wiped out over-positioning, over leveraging and not use correct risk management. This is why we keep our alt-coin stops wide, using average true range is a great tool for this. It is also why I am constantly sharing not to enter all of these trades and be selective as they are often quite similar set ups so you are just doubling down on a position or worse. HBAR#1 and BTC 4H were stopped out but everything else is still active!
MAG 7 are also struggling with fake outs into all time high for AMZN and META which were stopped out this week. Meanwhile our 2 TESLA trades, apple and google wins far out perform the recent stop losses! Trading is about the law of large numbers, over 1000s of trades do your edge truly shine!
💸 The road to wealth is never a straight line… Excess volatility is a necessary condition for outsized returns and the market is setting up new and even better entries with greater return potential! Don’t give up, trading can be a lonely road and we should all help each other! The markets make us feel gloomy and capitulate, right before the rewards phase! Consistency, risk management and experience take these emotions away and allow you to execute with confidence!
VIX volatility grows, we watch and wait…. Do not force trades there is always periods of waiting and this will save you a fortune and help you progress much faster as a trader!
Reminder: Without volatility and retracements there would be no new signals and no edge to take advantage of the markets!
Tips: Not everyday is a trading day & not every week is a trading week! Remembering this mantra will save you a lot of money in the long run chasing none conforming
entries.
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