Final thought for today
I trade m1, the m30 and h1 divergence give clues to possible directional changes but my mtf system keeps me out of bad trades
AKA absolute discipline
If #divergence fails, it makes sense to me to look for continuations
I hope it helps #3cr
"This $1 American Silver Eagle—1 oz of real, .999 silver—is now worth $115 on the street (spot ripping through $103–$104/oz + premium rage).
That means your Federal Reserve toilet paper has ALREADY 99% of its purchasing power against silver.
The Fed criminals are still running the presses at warp speed—trillions more in fake debt and worthless digits being birthed every month while they laugh.
Wake the hell up.
Cash is dying. Savings accounts are a joke. Bonds are suicide.
If you're not stacking HARD ASSETS that can't be printed into oblivion—physical silver, gold,productive real estate, dividend-crushing stocks—you're volunteering to get poorer every single day.
The dollar is being murdered in broad daylight.
Stop being a victim. Stack like your future depends on it—because it does.
What do you think?
🦅🔥 NO EXCUSES #GOLD #SILVER
#PLATINUM $GLD $SLV $GDX $SIL
This is the 12 month back test for that forward test
Another weird but good one, the forward test performs better than the back test
73% roi for the year, 4% DD , just one of many instruments I need to weave together to trade a real money live account ASAP
#greenpips all
@OneMillionPips I have it lol
read the book 4 years ago :):)
If you want a more technical book:
'trade like jesse livermore' by Richard Smitten. Really good
@OneMillionPips Its from Reminiscences of stock operator.. (not really his actual quote) 😅
And yes, it refers to the discipline to wait for his a perfect setup.
@OneMillionPips Direct quotes :
"No trader can or should play the market all the time. There will be many times when you should be out of the market, sitting in cash waiting patiently for the perfect trade."
"The big money is not in the buying and selling, but in the waiting."
@OneMillionPips The interpertation is wrong.
It suggests you just enter a trade and hope.
His famous line about
"sitting and doing nothing"
Is basically saying his biggest wins were because he had patience to sit and do nothing till a AAA setup comes.
You never lose money by doing nothing.
EURGBP 2:1 Short
Big move up into daily resistance after GBP red news
M5 - a break of the last swing high, followed by a 2b / 3CR for entry.
Then a four hour wait until target hit