PowerX Strategy "PowerZ"

[IgazI]

I get it.

That's exactly why I use the largest intraday interval and the shortest block of time required to make trades:

If I check the charts every 30 minutes (which I don't) and spend no more than 5 minutes in front of the charts then it will cost me 4 hours of my time.

If you have to sit in front of the charts all day then that's just another job

One of the best ways to manage your time is to get into the practice of setting alerts:
danger_will_robinson.png

I think I was outsmarting myself again During my drive to work, I realized that trading the 30 minute chart doesn't mean watching the chart every 30 min. I can still spend watch the 4hr candles, but zoom in the 30min and see what's happening with those to determine that breakout I'm after. Things really can be made simple.

Yeah, the intraday charts are used to 'see into' the day and get a feel for what's going on inside of the D2 price ranges. . .
checking every 2-4 hours is perfectly OK.

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[IgazI]

I've purchased $200 worth of "Japanese Bitcoin", Jasmy, for under a half cent.
If it ever did reach its previous high then that would be a 1000x return

It's $200, nobody cares
but I'm adding it here because all of the crypto I hold is in my signature.

[kiwiarian]

I've purchased $200 worth of "Japanese Bitcoin", Jasmy, for under a half cent.
If it ever did reach its previous high then that would be a 1000x return

It's $200, nobody cares
but I'm adding it here because all of the crypto I hold is in my signature.

Thats a bargain and a free lotto ticket rolled into one. And a lotto ticket with no expiry date.......

[IgazI]

I've purchased $200 worth of "Japanese Bitcoin", Jasmy, for under a half cent.
If it ever did reach its previous high then that would be a 1000x return

It's $200, nobody cares
but I'm adding it here because all of the crypto I hold is in my signature.

Thats a bargain and a free lotto ticket rolled into one. And a lotto ticket with no expiry date.......

The last little bump on the chart is $0.278, and that would be worth $11,575 anything can happen, it's crypto.

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[kiwiarian]

I've purchased $200 worth of "Japanese Bitcoin", Jasmy, for under a half cent.
If it ever did reach its previous high then that would be a 1000x return

It's $200, nobody cares
but I'm adding it here because all of the crypto I hold is in my signature.

Thats a bargain and a free lotto ticket rolled into one. And a lotto ticket with no expiry date.......

The last little bump on the chart is $0.278, and that would be worth $11,575 anything can happen, it's crypto.

jasmy.png

Reminds me of the old penny stocks.
Hope you don't mind asking a complete noob question, what's a good platform to have a dabble with some of these crypto's?
Is it a case of going onto a site such as binance (google search result), creating some sort of wallet and going from there?

[IgazI]

Reminds me of the old penny stocks.
Hope you don't mind asking a complete noob question, what's a good platform to have a dabble with some of these crypto's?
Is it a case of going onto a site such as binance (google search result), creating some sort of wallet and going from there?

I'd go with Coinbase/Binance and the Tangem wallet.

You don't need to go all out buying a Ledger or Trezor, and metal plates to protect a seed phrase, if you're not going to be buying large amounts of crypto.

To send crypto to/from an exchange it is as simple as hitting copy+paste+send. . .
I'm currently keeping the Jasmy with Coinbase as I don't want to pay the $2+ to send it to my wallet; that's 400 or so Jasmy!

[kiwiarian]

Reminds me of the old penny stocks.
Hope you don't mind asking a complete noob question, what's a good platform to have a dabble with some of these crypto's?
Is it a case of going onto a site such as binance (google search result), creating some sort of wallet and going from there?

I'd go with Coinbase/Binance and the Tangem wallet.

You don't need to go all out buying a Ledger or Trezor, and metal plates to protect a seed phrase, if you're not going to be buying large amounts of crypto.

To send crypto to/from an exchange it is as simple as hitting copy+paste+send. . .
I'm currently keeping the Jasmy with Coinbase as I don't want to pay the $2+ to send it to my wallet; that's 400 or so Jasmy!

Awesome Igazi, will check it out. Yeah the wallet stuff is new to me so quite intrigued on how it will work.
Just small amounts for now. Will put the kids pocket money into crypto and see if their chores pay off for them in a years time

[IgazI]

If price is above range(s) then it is going up.

If price is below range(s) then it is going dn.

If you want to figure out your entries then start by figuring out where to place a stop loss.

If you want to figure out your take profit then figure out how you would first trail a stop loss.

Trading is placing and trailing stops, physically or mentally.

Given A and B we are doing C; simple as 1-2-3.

What is up, what is down, what is in, what is out?

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[IgazI]

I'm getting wrecked on the exchange rate

I need ADA to move towards 50 cents . . . or buy more ETH.

Don't short Bitcoin, short anything else. . .

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[kiwiarian]

If price is above range(s) then it is going up.

If price is below range(s) then it is going dn.

If you want to figure out your entries then start by figuring out where to place a stop loss.

If you want to figure out your take profit then figure out how you would first trail a stop loss.

Trading is placing and trailing stops, physically or mentally.

Given A and B we are doing C; simple as 1-2-3.

What is up, what is down, what is in, what is out?
ADAUSD_2023_14_03.png

Did you come up with a snazzy way to draw these automagically or still drawing these by hand?