PowerX Strategy "PowerZ"

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IgazI
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Aug 18, 2023 2:05 pm

1) decide which way you are going to play it
2) look for a pattern around a desired price level
3) trade away from the pattern in the desired direction
4) if there is no long-term hold then take profit sooner rather than later.

There are only patterns and breakouts, and
there is only price moving beyond an extreme and reversing, or beyond and extreme and closing.

You're watching YT videos, why? just follow the science; just do, you know, "the thing".

I'm still bearish gold. . .
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Fri Aug 18, 2023 4:08 pm

Micro bag of platinum.

Hopefully I can average a $900 or lower price per ounce.

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Sat Aug 19, 2023 6:07 pm

Daily chart:
$DXY_08_19_2023.png
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Mon Aug 21, 2023 3:25 am

:lol: I'm addicted to buying shiny things, I guess #-o
It's still a small bag, we'll average it down.
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Aug 22, 2023 2:13 am

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just kidding, do what you want [-(
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Re: PowerX Strategy "PowerZ"

Postby kiwiarian » Tue Aug 22, 2023 5:37 am

IgazI wrote::lol: I'm addicted to buying shiny things, I guess #-o
It's still a small bag, we'll average it down.
10oz_platinum.pngwhat_i_ordered.png

You got me worried, maybe I should be stocking up on baked beans :)

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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Aug 22, 2023 1:25 pm

kiwiarian wrote:
IgazI wrote::lol: I'm addicted to buying shiny things, I guess #-o
It's still a small bag, we'll average it down.
10oz_platinum.pngwhat_i_ordered.png

You got me worried, maybe I should be stocking up on baked beans :)


Remain calm. . .and rush to the exit :lol:

BTW, it did what I thought it would do.
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Aug 22, 2023 1:55 pm

I just look for patterns and breakouts. . .

I just look at large charts for guidance. . .

Do you not think that your 12yo daughter can do the same thing? she can, she can though :lol:

No "fancy" needed, just follow the science.
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Re: PowerX Strategy "PowerZ"

Postby IgazI » Tue Aug 22, 2023 10:58 pm

One too many drinks, I dunno :smt028

I can't see how you can go wrong buying platinum:
1) the supply comes from Africa and Russia
2) they hate Europe
3) supply could become constricted
4) hydrogen cars could become a thing
5) it is around 30x rarer than gold.
6) the cost to refiners, for most of the supply, puts it above $1000/oz.
7) the price has been pretty stable.

I think that it is a way better deal than buying silver or gold.

I'm not telling you what to to, you do your own thing [-X
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PS: my average is moving in the wrong direction #-o $998.798/oz
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Re: PowerX Strategy "PowerZ"

Postby BambinoFlex » Wed Aug 23, 2023 7:08 pm

IgazI wrote:I just look for patterns and breakouts. . .

I just look at large charts for guidance. . .

Do you not think that your 12yo daughter can do the same thing? she can, she can though :lol:

No "fancy" needed, just follow the science.
noice.png


Have you tried compressing the chart a little? It helps to see the “ins” better + it eliminates the feeling of price being too high or too low since price is in the middle versus the edges of the chart.



Here are two pictures, one is squished and the other isn’t.
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