The #1 Trader's News

  These past few days have been very stressful And i recently got my hands on a weekly time table which i am trying my best to follow so that i can study more about the financial markets And read more books because next year i intend to go all in on the Bitcoin market Honestly i have no clue how i survived the Bitcoin market crashes Because for me i view market crashes as an opportunity to buy The stock market is quiet but the commodities markets are on fire with Gold XAUUSD about to gap up in an uptrend The Bitcoin BTCUSD mania has slowed down. Because there was a flash crash And many people lost money on their options trading accounts Because of lack of risk management Gold is a great buy at this position because it follows the rocket booster strategy So what is the rocket booster strategy? It has 3 steps: #1-The price has to be above the 50 EMA #2-The price has to be above the 200 EMA #3-The price has to gap up in an trend If you want to buy bitcoin BTCUSD go ahead becaus...

  Buying gold is a bit of a challenge for me because I am so used to buying bitcoin But what i have noticed is that When bitcoin goes up gold goes down and vice versa.. so my idea of buying gold Is to buy it at the same time as bitcoin but account for the drawdown of about 5% its not pretty but it will work in the long run Again am not a fun of trading gold GC1! With margin but its a good one to consider right now that the market is quiet from good entries and we are standing on the sidelines during this crazy market mania. Even though am thinking You can still buy Bitcoin but look at the stochastic RSI below the chart you can see the moving averages crossing. The only challenge with trading Gold and silver is the volatility is crazy so if you dont mind the ride Then you can take it just remember to use the stochastic rsi as your guide to know whether the price is cheap or not. Personally, i have re-entered the Bitcoin BTC1! price action, It may crash next week But at least your...