01/04/2022
This is the summary of all my trades last month.
Quality trade over quantity trade.
Challenge Portfolio update:
$1000-$10,000
up 460%
follow for more updates :)
Mabuhay ka hanggat gusto mo. Tara at magbakbakan sa Mobile Legend BANG BANg BANG
https://www.youtube
This is the summary of all my trades last month.
Quality trade over quantity trade.
Challenge Portfolio update:
$1000-$10,000
up 460%
follow for more updates :)
๐ ๐น๐ฎ๐๐บ๐ฎ๐ปโ๐ ๐ด๐๐ถ๐ฑ๐ฒ ๐๐ผ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ฅ๐ฒ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ ๐
Support and resistance levels are a critical part of trend analysis because they are used to make specific trading decisions. The fact that these levels flip roles between support and resistance can be used to determine the range of a market, trade reversals, bounces, or breakouts. These levels exist due to the influx of buyers and sellers at key junctures.
Support and resistance levels can be drawn using a variety of technical indicators such as Moving averages, horizontal levels, trendlines, etc. (which are freely available on TradingView)
๐ง๐ต๐ถ๐ ๐ฝ๐ผ๐๐ ๐๐ถ๐น๐น ๐๐ต๐ฒ๐ฑ ๐๐ผ๐บ๐ฒ ๐น๐ถ๐ด๐ต๐ ๐ผ๐ป ๐๐ต๐ฒ๐๐ฒ ๐พ๐๐ฒ๐๐๐ถ๐ผ๐ป๐: โ
1. What is a support level?
2. What is a resistance level?
3. What is their importance?
4. When & where to place Buy/Sell orders?
Please remember this is an educational post to help all of our members better understand various concepts used in trading or investing.
๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐: ๐ข
Support is a zone where the price tends to find a cushion as it falls. In general, the price is more likely to โreboundโ from this level rather than pierce through it. However, once the price breaks down from this level, it is likely to continue falling until meeting another support.
๐ฅ๐ฒ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ: ๐ด
It is a zone where the price tends to find resistance as it rises. In general, the price is more likely to โbounce back downโ from this level. However, once the price pushes above this level it is likely to continue rising until it meets another resistance.
๐ฅ๐ผ๐น๐ฒ ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฎ๐น/๐๐ต๐ฎ๐ป๐ด๐ฒ ๐ผ๐ณ ๐ฝ๐ผ๐น๐ฎ๐ฟ๐ถ๐๐: ๐ก
A resistance level after a successful breakout turns into support and a support level after a breakdown turns into resistance. This is known as "Change of Polarity" and the zone is called a "Flip zone".
๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ฒ๐๐๐ฝ๐:
๐ญ. ๐๐๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ โ
If after being rejected several times by the resistance, the price finally manages to break out. The right course of action can be to wait for a successful retest of this level, before going long. This is done in order to avoid fake breakouts/bull traps.
๐ฎ. ๐ฆ๐ฒ๐น๐น๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ฟ๐ฒ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ โ
If after being rejected several times by the support, the price finally manages to break down. The right course of action can be to wait for a successful retest of this level, before going short. This is done in order to avoid bear traps.
๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป:
A zone keeps on flipping roles between S/R. It serves as a support at times and a resistance at others. As a result, these zones should be regarded as possible support or resistance zones, as there is no guarantee that they will operate as desired zones.
๐ฃ๐ฟ๐ผ ๐ง๐ถ๐ฝ: ๐ท
Since there is an influx of buyers and sellers at the S/R level, hence there is a lot of liquidity around these points. Hence, it is not wise to place orders close to these levels. Always keep buffer.
We can achieve any level of success that we've ever dreamed,
but only if we really understand what makes us be good, rather than just
trying to look good.
-Trade with Passion and Purpose
Start trading Crypto and get 15% off on trading fees:
https://accounts.binance.me/en/register?ref=55579033
"God, grant me the serenity to accept the things I cannot change,
courage to change the things I can,
and wisdom to know the difference"
-Reinhold Niebuhr
If you want to trade on Binance
https://accounts.binance.me/en/register?ref=55579033
Sabi nila madali lang daw ang trading. Buy and sell lang.
Kaya 90% fails because of there foundations why they trade.
Long journey ahead ๐๐
Follow for more
Let us learn the basic of the Forex Market.
Follow for more.
Believe in yourself ๐๐
It's trusting your system and following your rules.
Don't quit with your dreams.
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SELF-DISCIPLINE is the key to become a successful trader but it is not that easy. Perseverance + goal ๐๐
Win or lose, you need to play. And somewhere there, in-between the profits and losses, you are learning how to manage your risk properly and how to become consistent with time.
Challenge portfolio:
$1000-$10,000
February up to date: 89% up.
Trading is a self discovery.
"A trader who really knows the strengths and weaknesses of his or her own strategy can do significantly better than someone who knows only a little about a superior strategy."
Mark Minervini
$1000-$10,000 challenge
๐๐ฅ
``Consistent profits come when you have Consistent process``
From February 1 to 11. My portfolio is up 192%.
This post is for entertainment purposes only.
Natawa talaga ako dito.
Ctto
Follow for more ๐
Hanabi na bully sa early game pero pinaiyak ang kalaban sa late game ๐
Follow for more โค๏ธ
Kung yang hinihiga mo dyan e nagluluto ka!
Me:
Bitcoin nyo pagod na. Haha
Ctto
Sa sobrang badtrip mo sa laro, pati hero hindi mo na alam ang tawag.
Like and follow
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Haha buti hindi ako skinner. Skills lang sapat na.
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Mustang ka din ba?
Ctto
parang yung pinakamalaki ang makukuha ko.
For entertainment purposes only!
Apakalandi mo naman angela. Hahaha
Magkano nga ba ang GIANT bike sa Taiwan?
watch my new vlog!!
https://youtu.be/6yMfbWqmAIk
also, don't forget to subscribe on my YT channel
https://www.youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
Sa mga gustong malaman kung paano mag apply bilang isang factory worker sa Taiwan.GUYS NANDITO SA BABA YUNG IBANG VIDEO NA MAAARING MAKATULONG SA PAG AAPPLY ...
Haha one day millionaire.
Follow me on https://youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
Kumusta na kaya mga crypto holders dyan?
Ramdam nyo ba? Haha
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Isang linggo ka ng p**a. Haha PSE baka naman
Ay weyt lang. Nasaan na nga ba?
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Visit my yt https://youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
Why naman ganun Granger? Haha
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Visit my yt channel https://youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
From trader to investor real quick.
Follow me on https://youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
Ctto
Mas malakas pala kapag naka trial card. Haha
Dapat maging proud ka ngayon kasi bukas -2% na yan.
Hellow Guys. Welcome back sakin. Medyo natagalan na tayo bago makapag upload ng Video dahil naBUSY tayo guys.
Anyways, nag upgrade natin tayo ng set up and mapapadalas na ang upload natin.
Also, sa mga hindi pa nakakasubscribe sa ating Youtube channel wag pong kalimutang pindutin ang subscibe botton.
https://youtu.be/mVwF0DrpegA
I hope you enjoy Watching my videos.Wag pong kalimutang magsubcribe sa aking Youtube Channel.Mabuhay kayo hanggat gusto nyo. hahahaGUYS NANDITO SA BABA YUNG ...
Day 2 (Part II) ng aming company tour
https://youtu.be/L1n6jdt-H20
Also, dont forget to subscribe to my youtube channel.
https://www.youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
Kung hindi mo pa napapanuod yung part 1 nandito sya.https://youtu.be/AV3uMVLwzhQ
Day 2 of our company tour.
https://youtu.be/AV3uMVLwzhQ
Also, please don't forget to subscribe, like and share para happppy tayo ๐๐
https://www.youtube.com/channel/UCg8Wpv1wSKHJ6h7z9qAGV9g
Para po doon sa mga hindi pa nakakapanuod ng Day 1. nandito po sa ibaba yung link. https://youtu.be/Jc2NWDb52CI
Second day of Company tour ๐ฆ๐ง
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