Dont Trade This #1 Mistake in The Opposite Direction

 I am from talking to a brother of mine
who seems so sad because
he is not happy with his wife...

I was trying to tell him
that even though he is not in
a happy marriage.

One day things will reverse for the
better to favour him as a man
Reversals are part of life

Look at his chart GBPJPY
It's a reversal and here is why...

Trading this forex pair is going
to be challenging but its worth
the squeeze
-
One thing I have noticed is
that based on candlestick patterns

The price action looks like
it coming from a bullish harami..
last week

Then it hits an evening star at the resistance
This evening star is the bear trap

Which means it looks like
the price will drop
but this price won't drop

It will keep going higher and higher also its
following the rocket booster strategy.

Which has 3 steps in order
to learn this strategy check out the
references below.


Rocket boost this content to learn more.

Disclaimer : Trading is risky you
will lose money whether you like it
or not.

Please learn risk management
and profit-taking strategies.

Dont Trade This #1 Mistake in The Opposite Direction by lubosi on TradingView.com

The #1 Reason A Fake Breakout Is A Buy Signal

 Today as i was sleeping i kept thinking
about an old buddy of mine, who loves
talking about philosophy.

And now today philosophy is all i
think about.

I used to think everybody loved talking
about philosophy

But i was wrong.

Trading is both intelligence and
philosophy combined

You need a strong personal philosophy
to really survive in this market

I made a mistake as i was telling you
about the RSI...
there is something called the

“FAKE” breakout.I first heard of this
concept from Tim Sykes

And then i read about it in a trading book.
Full disclosure..
am primarily a Bitcoin trading expert

I talk about trading stocks
because it's what i use as therapy
also, this is what the community

Mostly enjoys reading about.
And i so use my technical
analysis skills

To share with you what i think
are the best stocks to trade.

Now with the RSI..
the fake breakout actually does not
mean the breakout strategy

Doesn't work
The fake breakout actually confirms
The buy signal


In this case, we are looking at
Home Depot [HD] HD
Which is in a breakout session

But the mistake i made was to
indicate the breakout at 70
on RSI

Actually the best indicator
should be at 60

Meaning do not buy a breakout
after 60 on the RSI

Even though this will
mean you won't catch all the
swing trades

But it means you will catch the best
swing trades.

Also, note that HD
is actually related to the real estate market
Seeing this stock

As a buy signal means that
the real estate market is actually
a good buy right now.

This is why am re-recommending
this stock CAT again.

It also follows the rocket boost
strategy as well which 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 should gap up in a trend


This strategy is very good
for SWIING TRADING...

If you want to develop your own strategy
then that's fine.
But if you want a simple strategy that

Easy to follow then you need to learn more.

Rocket boost this content to learn more.

Disclaimer: Trading is risky you will lose
money whether you like it or not
Please learn risk management and
profit-taking strategies.

 

 

The #1 Reason A Fake Breakout Is A Buy Signal by lubosi on TradingView.com

The #1 Reason Why Buying Gold Is Hard Right Now

 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 Bitcoin Buy
should sustain you with
some profit.

So for this one Buy Gold, silver and
Bitcoin

according to this chart Buy Gold
using the daily stochastic rsi chart after

the Bitcoin buy signal

Also, this price action follows
the rocket booster strategy

To learn more about this strategy
check out
the references below

Remember to rocket boost this
content to learn more

Disclaimer: Trading is risky
please learn risk management and profit-taking
strategies. Because you will

Lose money whether you like it
or not.

The #1 Reason Why Buying Gold Is Hard Right Now by lubosi on TradingView.com

Why Bitcoin Is The #1 Asset During This Market Mania

 Am working on my sales presentation
for the rocket booster
strategy before I go public with it

If you follow me on Tradingview then you
you will get an idea of the kind
of presentation, I am preparing

Am hoping to create a sales presentation
to sell an online coaching program or newsletter
or something am really not sure

but am just doing it.

Anyway one advantage of the crypto
market is that it does not sleep
and so there are no rules

Of market close or open and all that
non-sense of pre-market hours
and after hours you find in stock trading

Crypto is my favourite asset class
that's why Bitcoin is the one you should be

Buying

during this presidential election cycle

Bitcoin BTCUSD
is the number#1 asset in my books

Now you may be into gold..and that's fine
In fact I think Ethereum
is the best indicator for buying

Gold and silver

I am yet to see if this is true as well

Bitcoin is following the rocket booster strategy

Which has 3 steps:

#1-The price has to be above the 50 EMA
#2-The price has to be above the 200EMA
#3-The price should gap up in an uptrend.

If you look at this chart BTCUSD
You will see the rocket booster strategy
in action.

In order to learn more
rocket boost this content

Disclaimer: Trading is risky please
learn risk management and profit-taking strategies.
Because you will lose money whether you
like it or not.

Why Bitcoin Is The #1 Asset During This Market Mania by lubosi on TradingView.com

The #1 Indicator To Use During This Market Mania

 Yesterday was a crazy market i haven't seen anything
like this in a long...time
I was so tempted to publish my idea

But I knew that you won't learn anything
from market mania
it's after the market close

That's when you will calm down and learn
its easy to jump on the train during a market mania
This market mania was crazy

It reminds me of the pandemic days
during the shutdown.
The market went crazy..and now after this election

The market soared like crazy especially stocks like
this one... CAT

Listen risk management is very
very important and there are many ways to manage
risk but this strategy am showing you

Is to help know when NOT to buy
a breakout
Look below this chart

You will see something called
a strength indicator
This indicator shows you how strong a trend is

You see when you are buying a breakout
it's different from when you are
buying cheap prices...

If you remember to buy cheap
the price has to be
below the 50 ...on the RSI

Now to buy a breakout
during a mania.
Do not buy after the 70 on the RSI..

This risk management will save your butt
out there in the markets no matter
what asset class you are trading.

My hope is that this indicator will show
you the key to risk management

because it's very easy to get caught up

Using the rocket booster strategy
in the market mania and then you

start to think like you are a trading expert...
No my friend you are not a trading expert

until you master profit-taking and risk management

remember to manage risk using the

• ->RSI indicator
  

This is the number#1 indicator to use
during this market mania

Trade safe..
also, remember to combine this risk management
tool with the rocket boost strategy

to learn more about the
rocket booster strategy

Check out the references below

Also remember to rocket boost this content to
to learn more about trading.

Disclaimer : Trading is risky
you will lose money whether you like it or not

please learn risk management and
profit-taking strategies.,.

 

 

The #1 Indicator To Use During This Market Mania by lubosi on TradingView.com

The 3 New Rules For Trading Nvidia Stock

 Its been a long night i really feel
the night was very long and tiring.

I had a cup of coffee around 17 hours
Almost before the sunset.
I knew I should not drink coffee near

The sunset its a bad habit of mine.
I was trying to convince myself
that by the time

When the market closes I will have enough
energy to sleep

Of course, I will do a little exercise before
bedtime to help

With insomnia.
Watching the financial market can be a stress
especially if you

are doing it full-time like myself.
But with a system things become easier

The only challenge is in the

beginning because you have to develop this
mindset of always studying the market

And then finally once you know the market you
seem not to want to stop

This is why I have developed the 3 rules for
trading NVDA


Rule 1:The price has to be above the 50 ma
Rule 2:The price has to be above the 200 ma
Rule 3:The price should gap up in a trend

Now I do love dip-buying stock prices
but sometimes you need a strategy that
can adapt to the market

this strategy is called the rocket booster

it will help you adapt to any market
like seriously
any market

This is the basis strategy for beginners
and experts

To learn more Rocket boost
this content


Disclaimer: Trading is risky you will
lose money whether you like it or not

Please learn risk management and profit-taking
strategies, Because you will lose money
whether you like it or not.

The 3 New Rules For Trading Nvidia Stock by lubosi on TradingView.com

Nvidia Is Following This Simple 3 Step System

 The time has come again for NVDA
to shine again..you see it was
during the pandemic when This

stock started to shine..everyone was talking
about it...i still remember it
like yesterday..it was the A.I. Boom!!

It was crazy..people were buying
it and making money

It was crazy times..last week I saw Amazon
Hit new highs..

So this year Nvidia
is left behind but there's still hope

With this 3-step system
you can still hop on the Nvidia train
to profit taking.

The 3-step system is very simple
and yes it works.

Its as follows:

Step#1 - The price has to be above the 50 EMA
Step#2 - The price has to be above the 200 MA
Step#3 - The price has to gap up

Now on this chart, you will see
the William % This indicator
is an oscillator

Meant to show you whether the price
is undervalued or not
In this case, Nvidia is undervalued--meaning its

cheap this is why you won't hear about it

In mainstream media.
Because when the stock price is cheap no one talks about it
in mainstream media

In fact you may actually even
get huge backlash for recommending it
on mainstream media.

By the time the stock hits mainstream media

it's too late to profit from it am sorry

Anyway, if you want to learn more
rocket boost this content

Disclaimer: Trading is risky
please learn risk management and profit taking

strategies
because you will lose money whether

you like it or not.

Nvidia Is Following This Simple 3 Step System by lubosi on TradingView.com