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.
Update:
I would like to buy gold when we tag DXY 104.
PowerX Strategy "PowerZ"
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Re: PowerX Strategy "PowerZ"
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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Re: PowerX Strategy "PowerZ"
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,
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.
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,
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.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
- kiwiarian
- rank: 500+ posts

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Re: PowerX Strategy "PowerZ"
are you expecting price to do stay below your midpoint line going in the direction of the yellow arrow?
Re: PowerX Strategy "PowerZ"
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.
"12yo with ADHD", remember? don't overthink it!
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.
"12yo with ADHD", remember? don't overthink it!
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: PowerX Strategy "PowerZ"
Looking gravy.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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Re: PowerX Strategy "PowerZ"
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
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
you're never going to get anywhere doing that, that's just the facts.
Is it unreasonable to suggest that a Walmart greater, earning $12 an hour, have a $3600 account? I don't think so

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

you're never going to get anywhere doing that, that's just the facts.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
- BambinoFlex
- rank: 500+ posts

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Re: PowerX Strategy "PowerZ"
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
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
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"
Re: PowerX Strategy "PowerZ"
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.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: PowerX Strategy "PowerZ"
That's a good price, but I don't like to mix and match;
I would rather pay the $20
and have everything the same.
I would rather pay the $20
and have everything the same."Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: PowerX Strategy "PowerZ"
Fund a war with that
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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