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FOMO 4h bull div after dump

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  4h bull div 15 min money flow entry The FOMO is screaming in me. I wanna long wanna long wanna long this. Ideally I should wait for price to come down to .618 for a better entry. But I'm not that calm and patient right now. Ideal entry in green circle Maybe I should wait for this local resistance to be broken first, or maybe not. Cause locally we already have bullish MS. My stop is too tight. But I need high R:R. Bruv, what am I doing. Feeling: FOMO, good R:R, this could be the one 5R+ trade. Entering with $2.5k ~0.80% SL. Currently I'm trying out healthier diet, sattvic. I was reading about some yogic stuff here: https://selfdefinition.org/celibacy/Asaram-Bapu-Brahmacharya-The-Secret-of-Eternal-Youth.pdf?fbclid=IwY2xjawItFa9leHRuA2FlbQIxMAABHRC3pUbYI2X0S_nIocSuzni0uS8pgV7fB0jGFDVEsnYczB01bFfj7zKOPQ_aem_OZbdAGUb1aVATyHVl1oE0g I'm tired of being a depressed sack of shit with painful hellish thoughts and life. So trying something new again... Update: Stopped :( Feeling: Meh
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D/15 FOMO against 4h

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Spotted many D/15 this morning. BTC, ETH, LINK all looking similar. Took this trade on BTC due to a tight ~0.40% SL. Could go in with $5k risking $22. Should be around $100+ if it's a winner. Am I gambling here? Or just seeing an edge in the market. 15 min 1h 4h with red dot UNCONFIRMED. Was similar red dot last successful D/15 long But this long doesn't feel as good as the previous one. Maybe we're too high, at the top of the range. After the D bull div has played out its first part. Whatever, losing is part of trading and it's going to be about -$22 today if so. Not the end of the world. UPDATE 4h red dot closed and we tanked. -1% on acc.
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Daily bull div, $100k+ next?

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  Daily bull div on bottom of range. Should take us to top of range. Weekly looks scary, bear div on 2W. Confirmed. Is it gonna ignore it and blast upwards like it ignored the M bear div? D 2W Bear div M Bear div with MF bear diving also. IGNORED, BLASTED UPWARDS. FIRST TIME IN HISTORY OF BTC = MEGA MEGA BULL? UPDATE (6 days later) Took 1 day after bull div to reach $100k Pumped 13% in 6 days, reached top of range D Now weekly is looking hopeful again, outwardly round "VWAP" The scariness on 2W looking better, MF keeps cruising upwards and momentum seem to pinch up
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D/15 WIN

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 Haven't traded in weeks. But yesterday I saw an opportunity with a pretty tight SL. I took the trade. On BTC & ETH. BTC price was not under dOpen when entering, so I didn't follow the rules to 100%, but it looked so good I had to take it. Good R:R. 4R+. ETH was prime. ETH 15 min 1h 4h D 4h was printing a red dot with around 3h until confirmation. I thought it would be a false red dot or that it will disappear before confirmation. CF was shorting miserably. The kink in the momentum wave is where the 4h red dot was appearing, but disappeared and price shot up. BTC 15 min 1h 4h also kinked from red dot D The bull div on BTC Daily is looking great for a bottom. Hence why I was confident in longing the shit out of the D/15.
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Market Cipher FOMO

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  This 2D I FOMOed in.  5 min UPDATE 16.01.24 5 min 2D We went up 3-4% and then straight down again. Around 3R if you exited at the top. Not super good but not bad either. The 2D fairly tight trigger wave lasted for just a blip. But it did predict a move up. Need to backtest what the winrate is on the 2D trigger. Not sure if I want to blind backtest the 2D trigger or combine it with a higher TF during backtest. Way more work. But should be done for more data. Anyway it was a win.
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Trading Ranges (Mean Reversion)

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  Do not guess when a range is formed. Trade on confirmed ranges only. Range is confirmed after > 75% retracement What is a confirmed range? One where the previous trend has already clearly ended. On trends you allow Leg 1 to happen and you only jump in to trade Leg 2 and/or Leg 3 Ranges are similar. You DON'T guess the range low or high, but rather wait for them to form with confirmation using a few techniques. > 75% retracement of last trend leg Why 75%? Because trends shouldn't pull back 75%.  A typical trend leg will pull back no further than the 61.8% level (a common fib level).  Since the market cannot trend and range at the same time or on the same timeframe, an invalid trend is likely to form a range.  So, once you see a 75% retracement, you can begin to form a range. From here you can draw a range low, range high and create your levels/ zones.  But you DON'T enter trades yet. You need further confirmation to have a high probability range.  7...
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Breakout Trading Tutorial

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  Interim high = Last high before BOS Exit when we start ranging OR BOS Trading a downtrend / uptrend You want to catch the 2nd or 3rd leg of the trend. NOT the first leg. This example: Uptrend, ranging, downtrend. The first trade where the ranging trend breaks into a downtrend. That first leg you shouldn't trade. Wait for second leg down or third, when a trend has confirmed. "The timeframe you identify the trend on is the same one you use for marking all levels." BOS (Break of Structure) = Trend continuation MSB (Market Structure Break) = Trend Shift (Trend Reversal) CHOCH = Change of Character Above must be confirmed by CANDLE CLOSE Line charts ignores wicks, only uses candle closes
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