Welcome to the current trading week. Sunday September 5th, 2021. LeChed James here. Trading live, from somewhere in Georgia. The trading week consists of 24 straight one hour games. 5 sets of 24 one hour games. The game is do not lose the bag. The game is, to fill up the bag.
How many dollars can you secure in the offshore wallet? This week we are trading at max, 5 accounts. One fiat account. AUDNZD. If we trade any other fiat currency pairs, they will be EURGBP and GBPUSD. One crypto. ETC. Ethereum Classic. Ethereum network's second and only additional coin. $72 cost to play.
The two newest investors, Jalen and Blake are matching Isaiah or Hollywood Trade's investment for us to trade ETCUSD. Soon Tradersway will allow us to trade STELLAR LUMENS XLM. Literally can not wait to trade a crypto under a dollar.
My redemption at RIPPLE XRP trading. RIPPLE XRP has a transaction speed, 5x faster than what Amazon processes per second, transaction wise. RIPPLE XRP, was the first crypto I started trading. I made $50 the first hour. The price was $0.60 cents. I bull traded XRP to $0.68 cents. Had 10 trades in by the end of the first week. $2000 the first week. I didnt cash out. It went bear market for 2 summers. Down to 11 cents per coin in August of 2020. Went up from there. Started going bear market in June 2018. Memorial Day i started trading in 2018. The week XXXTENTACION was sacrificed by the illuminati.
Jalen just sent the bitcoin for the tradersway ETC trading. Blake may have put into the trading pit as well. Awaiting currently Zays call so he can invest his stake in ETC.
This is the start of the trading week. Want to keep your head in the game. Want to play the low or the high in the direction the Momentum is running in. I got into the silver trades a little early. at $24.770. Low said $24.700. Last price was $24.760. I went market execution. Don't go market execution.
Go pending order. Just bet on a number on the bar chart, chart page. Go with the last price. There is going to be a lag in price between the two websites given and your trading platform actual price. The sites account for the lag. Go with the numbers in the lag.
The professional trade would have been to sell it to the last price and lower then buy it but before the low. In a bull market...the low only gets higher. In a bear market...the high only gets lower. Don't wait for the low in the bull market.
Don't wait for the high in the bear market. Wait for the space in between the last price and the low. Let the last price push, then buy. Let it travel to last price and push a bit, then buy it. In a bear market you would do this with the high and the last price.
The space in between the high and the last price, in a bear market. The space in between the low and the last price, in a bull market.
At this point, you want to keep your jitters in place. Try your best to chill. Chill trading is the real trading. If you're not chill, the trades could be killed. Maintain your composure. Look towards the support lines in a bear market. Look towards the resistance levels in a bull run market.
Who is running the market right now? The question always at hand. The money making question. Answer such a question and be rewarded. Trade without answering said question and you bury dead trades. When's the funeral? Your trades caught Voldemort on a bad day bra. Sorry.
This is the hitch hikers guide to the high finance galaxy. Are you on board? Is your seat belt secured? Are you trading in the professional direction? The professional direction is always laid before you, if one can read the financial charts available.
If one can read the financial charts, they can identify the current market price trend. The professional trade is to always bet on the trend winning.
Resistance Level one says $25 for silver. We know enough now to look for resistance level #3 as the immanent destroyer of opposite trade worlds. $26 is resistance level three. By Friday it will be closer to $26. $120 per trade times three, starting from $24.800.
Starting from a $30 game, that's 10 times the initial investments. 100%, 10 times. 1000%. Just from those trades alone. I can't remember the last time I traded crypto. It was $11 ETC. I obviously screwed up by not holding those trades. Went up ten times. $115. Went down to $60. Back at $72. Scaling its way back to $115. Once it touches $115 again, that's a buy signal.
The last time the number $115 was registered in the market price system of recollection, it was a sell signal. Before becoming a sell signal, the $115 price was a buy signal. That was the high at that time. Now its on its way back up from its new or advanced low price.
Get it? Click the investing dot com technical analysis page to see the moving average charts. MA 5 to MA 200. You will see The signals flash, red and green, back and forth.
I have to get ready for the crypto trades. Have to plug in the numbers it gives. The last price and maybe a little lower. Crypto is the most advanced commodity to trade. It is the most expensive, lucrative, profitable and volatile, commodity out there.
See you soon diary.
Proofread.
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