Sitting back, watching and learning.
If you’re not sure what to do, sit on your hands.
That’s what I’ve done today!
I’ve spent a good chunk of the day researching how to use the knowledge I have to give me a more robust short term signal to catch a move. The TJ’s currently are too medium term outlook and the markets aren’t complying to medium or long term trends at the moment.
I’m hoping that a shorter term signal will help me catch market moves earlier such as the drop on many of the indices today. I’m currently looking back over some charts to see how they’d perform in today’s moves… Many would see me in profit right now!
Here’s an example on the NAS100 but similar views available on the SPX500, US30, GER30, JPN225 and UK100
Lets see what tomorrow brings.
Price: £44.98Was: £69.98
Price: £20.28Was: £29.99
I said I’d update you on BNB entry…
I saw the price was up over $10 this morning and there were also some rumors over Binance which I hoped would cause the price to fall back down again, which it did. Just not low enough for my order which I have set to $9
Apart from watching BNB I’ve only been watching BTCUSD performance.
The Crypto Market Cap has dropped today from approx $345b to $335b but overall BTC dominance has risen to 44% of the total MC.
What this means is that Alts have dropped harder in value than bitcoin has, which has fallen nicely after rejecting the $9000 level.
Books offer great value for knowledge… Here’s some of my best “money books”
A boring disclaimer… coz I don’t wanna be sued and stuff!
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I am not qualified or considered an expert in any aspect of trading and the words which I write are my opinion only and not to be considered correct.
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