Funky Primate

[Funky Primate @FunkyPrimate]

@TraderMagus gg chad mag

[Funky Primate @FunkyPrimate]

@JayJayCZE instructions unclear, max lev ETH beta

[Funky Primate @FunkyPrimate]

@Stoiiic Super cool thanks

[Funky Primate @FunkyPrimate]

@JayJayCZE who dis

[Funky Primate @FunkyPrimate]

@i_am_jackis We need to cleanse the degenerates for our magic internet money future Jackis

[Funky Primate @FunkyPrimate]

@i_am_jackis Unfortunately I’m a bit too dumb to understand all this Jackis but I brought the 🍿

[Funky Primate @FunkyPrimate]

@i_am_jackis

[Funky Primate @FunkyPrimate]

@i_am_jackis

[Funky Primate @FunkyPrimate]

@nellyeeee Hey man, those are awesome and very useful, thanks

[Funky Primate @FunkyPrimate]

@TraderMagus gm

[Funky Primate @FunkyPrimate]

@TraderMagus gm mag

[Funky Primate @FunkyPrimate]

@i_am_jackis @btc_charlie

[Funky Primate @FunkyPrimate]

@i_am_jackis GM Jackis, hope you're good!

[George @George1Trader]

Sold my $KAITO airdrop, free money for tweeting like I usually do...

Will give away $1k

Like, rt and follow me, will pick winner in 24h

[Magus @TraderMagus]

Prep Work

You ever wonder how there's a few lads that are just always ahead of the curve?

It's all prep work

Price is trading into the range highs, default instinct is to be euphoric and bull post right? If you can take a step back, now is the time to make decisions and changed to positioning. But you won't because you're too busy doing mental math of how much $ you'd have if shitcoin x goes to price y

Break this cycle or forever be behind the curve

Be prepared beforehand for what situation(s) could play out, how you will handle them & what it will look like if you are wrong

Success starts with preparation

[JACKIS @i_am_jackis]

OFFICIAL LAUNCH OF MY NEWSLETTER 📰

It is done! 🔥 After many months of preparations we finally managed to put it all together & I'm ready to share my extended knowledge with you all

Why YOU should be INTERESTED?
1) If you enjoyed my free content through the years, this is exactly for you but way more in-depth & with the "extra secret sauce" inside
2) You wanna stay in touch with the market by reading timely manageable Weekly updates
3) Been in the game for a decade & went through multiple bull & bear markets with many ups & downs so I can speak from a position of REAL experience
4) You've been an enjoyooor of my content & wanna support my work regardless

What YOU will GET in return?
1) Weekly market updates
2) TA Lessons
3) Macro Analysis
4) Deep psychology breakdowns
5) Covering #Bitcoin & #Crypto but also #Stocks, #Commodities, #Bonds & all markets in general that offer us an edge
6) All-around financial news that I find interesting to share with you all or anything in general I find important to share & many more

When is the NEWSLETTER released?
I decided on Weekly updates that get released each Monday/Tuesday for one main reason. When I release the newsletter we have fresh Weekly closes printed and they mark an important level in the chart. At the same time, I felt like a monthly release wouldn't be timely at all. Weekly release strikes the perfect balance

WHY DID I DECIDE TO GO FOR A NEWSLETTER?
I've been sharing so much knowledge with you all through the years and helped tons of people. I always try to explain everything here and help anyone who asks & communicate with my community.

I do enjoy it a lot and wanna keep on going BUT I invest a lot of energy and time into it. Originally it was just a hobby not really knowing what to expect, but now I spend an average of 1000+ hours a year draining a lot of energy from me so I was faced with a decision to either limit my activity or monetize it and take it as a serious business.

I've joined BB (link in bio) and share all my alpha knowledge there on a daily basis via voice & text updates but it unfortunately isn't affordable to everyone.

With the Newsletter I aim to find the perfect balance between extra knowledge but at the same time being affordable to mostly all out there for JUST $15/month

I decided to go for it. I want to continue sharing my journey and educating. I feel like I'm helping people & making a real difference, that's why it's so fun and fulfilling & I want to give my best to those who are willing to listen

-------------

If you are interested, you can join here 👇
https://t.co/WGT5pNd3er

You just click "Join the fam", then register & fill out the form and you are ready to go

You'll receive the NEWSLETTER in your inbox or you can read it on the site

I've also created a special deal for the first month to give you an extra discount. If you use code "NEWSLETTERDISCOUNT" you'll get it for just 9.99$. This is time limited for just the first month of the release

So wait no more & see you in the JACKIS' NEST 😉

[Magus @TraderMagus]

Momentum Loss Pattern
(Three drives/Multiple drives)

The pattern we see that causes directional shift in price

Commonly referred to as "Three Drives" but can be any number of moves. The number required for price to turn around is dynamic, not scripted

Never buy on the first drive down unless upside momentum is extremely high

Wait for downside momentum to be lost, then buy

Anatomy

Impulse move from takers sparks momentum

The majority of the time from an Open Interest wipe, causing toxic flow

Momentum sustains until takers exhaust into liquidity

Passive side soaks & takers give up

Why does this occur?

1. Spreads get blown out from toxic flows
- Orderbooks thin out because liquidity providers don't fight momentum. Makers will thin out liquidity to avoid getting run over & replenish the book depth once momentum fades. This makes it easier for price to move

2. Limit chasers - Informed traders & more directional liquidity providers will chase with limit orders as price moves. This supports & sustains the momentum

3. Faders - There's always someone trying to bet against & top tick a move. Once the trade goes against them they close out with market orders assisting momentum. More often than not these are the midwitt traders

4. Momentum algos - Once momentum begins, algos will pick up on this and join in. This often occurs in the form of twaps

5. Momentum apes - Informed discretionary traders that understand momentum, don't fight the flow but rather go with it. They use a combination of market orders/limit chase to execute & go with the flow

All of this logic applies to both top & bottom formations

I am not covering every detail to simplify somewhat & keep a bit of the spice for myself

Study multiple drives

[Mercury @TraderMercury]

At times like this, not uncommon for people to reach out to me and ask for help.

"I'm underwater. I oversized. Idk what to do. What would you do if you were me?"

Breaks my heart, but we've all been there before, so I'll tell you what I told myself once upon a time...

[Funky Primate @FunkyPrimate]

@ChapsFX Thanks for the thread! Quick question, would you enter a second retest of the BRKR or only the first one interest you? Technically it's a demand/supply area so could be tapped in multiple times.