PowerX Strategy "PowerZ"

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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Dec 05, 2023 1:53 pm

This is what I'm looking at. . .
the chart timeframe doesn't matter;

I just move between 1, 2, 4, and 6, based on how much data I wish to see.

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Update:

I would like to buy gold when we tag DXY 104.
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Dec 05, 2023 4:36 pm

We have 'shape' above $2000, that's a good sign.

Price can still trade down and out of 'the shape', but it is currently supported above 2k.

Update: DXY hit 104 and I added to my gold in the vault.

I'm not going "Michael Saylor" on metals, :lol: I just have. . .
21 oz of platinum
62g of gold
125 oz of silver.

PS: don't sell your metals to the bullion dealer. . .
buy physical, sell paper.

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Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Tue Dec 05, 2023 6:37 pm

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are you expecting price to do stay below your midpoint line going in the direction of the yellow arrow?

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Dec 05, 2023 7:45 pm

A "pattern" is not a breakout.

A "breakout" is not a pattern.

Price can break a pattern or a shape in either direction.

Shapes form around S/R levels.

PS: I'm expecting 2010-30 to be a support area.

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Dec 06, 2023 2:31 pm

Looking gravy. :)

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Dec 06, 2023 4:02 pm

Your minimum account size should be closer to 300 hours of labor, if you want a real shot at supplementing your income.

Is it unreasonable to suggest that a Walmart greater, earning $12 an hour, have a $3600 account? I don't think so [-X

The first thing I'd do as a Walmart employee is open a futures account and look for something where I can afford full margin for two contracts.

Next, I would trade 1 contract on the H4/D1 and press my bets when winning. . .

After that, I would branch to trading 2 or 3 markets.

What I wouldn't do is open a FX account with $600 and jerk my micro :^o
you're never going to get anywhere doing that, that's just the facts.
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Re: PowerX Strategy "PowerZ"

Postby BambinoFlex » Wed Dec 06, 2023 4:21 pm

IgazI wrote:Your minimum account size should be closer to 300 hours of labor, if you want a real shot at supplementing your income.

Is it unreasonable to suggest that a Walmart greater, earning $12 an hour, have a $3600 account? I don't think so [-X

The first thing I'd do as a Walmart employee is open a futures account and look for something where I can afford full margin for two contracts.

Next, I would trade 1 contract on the H4/D1 and press my bets when winning. . .

After that, I would branch to trading 2 or 3 markets.

What I wouldn't do is open a FX account with $600 and jerk my micro :^o
you're never going to get anywhere doing that, that's just the facts.


Do you hear that?

I think it’s someone’s dream being crushed.
"If you're wrong, guess what...thats TRADING"

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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Dec 06, 2023 4:39 pm

BambinoFlex wrote:
Do you hear that?

I think it’s someone’s dream being crushed.


My hope is that they don't spend the next 15-25 years dreaming;

if they do it right, it may only take 6-8 years.
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Dec 06, 2023 5:17 pm

That's a good price, but I don't like to mix and match;

I would rather pay the $20 #-o and have everything the same.

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Wed Dec 06, 2023 5:24 pm

Fund a war with that :lol: #-o

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