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NebraskanGooner📈 Profile picture
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5 Oct, 4 tweets, 2 min read
#Bitcoin

Important support and resistance levels to watch on low time frames
👀👀
So choppy though. Can't take any entry for granted right now, even good ones.
Short closed. Almost reached target 1. Still have a target 2 a little lower but it can chop around a bit so I'm out with $2k+ profits in less than 1 hour. ✌️

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More from @nebraskangooner

NebraskanGooner📈 Profile picture
6 Oct
⚠️Important tips for traders(thread):

1. Don't enter a trade right when u open the chart. This is FOMO. Unlikely that u open the chart exactly at the top/bottom for perfect entry

2. Zoom out & map out key levels on higher time frame before entering trades on lower time frame
3. Plan out what time frame you want to trade on

4. Look at price action THEN use your indicators to help confirm your directional bias. Indicators are supporting criteria

5. Find counter arguments to your trade. Could you be wrong. Any signs opposing your directional bias?
6. Decide what would INVALIDATE your trade idea. This is where you would absolutely close your position or place your stop loss. We must cut our losers somewhere

7. Calculate how much you are willing to risk on this trade. Do NOT start by calculating how much profit you can make
Read 11 tweets
NebraskanGooner📈 Profile picture
5 Oct
#AXS

7ma breakdown retest.
👌👌
Nice follow through.

Closed half and can tighten my stop loss for a risk free trade before heading to bed.

See you in the morning 🤙
Read 4 tweets
NebraskanGooner📈 Profile picture
4 Oct
LTF double top? 🤔
No break yet.
Close to break.
Read 10 tweets
NebraskanGooner📈 Profile picture
2 Oct
These are some of my favorite low time frame short scalp opportunities.

Hanging in man/evening star up top for confirm then trend breakdown with retest for entry.

1st target is always 25ma and if it breaks below there you get a really nice quick drop to lock in profits.
I didn't trade it but I'm just sitting here having a drink and took a quick glance at the chart, figured I'd share some LTF thoughts

Wouldn't chase at 25sma, on LTFs you want to catch price on the way up to short and on the way down to long. This provides tight R:R opps on LTFs
For anyone saying "don't short"

Keyword is "scalp"

Price rejected on the breakdown retest around $48200 and is now $47800 ish

That's plenty of room for a 1:4 R:R short scalp opportunity with potential for a breakdown of the 25ma to target 2

Further breakdown not guaranteed
Read 5 tweets
NebraskanGooner📈 Profile picture
4 Aug
Went against my own rule & got stopped out on this 1m scalp

Rather than waiting for a 1m close above invalidation I just closed manually as I wasn't going to get stuck in a big green candle if we popped through resistance

When scalping it's all about small losses and killer R:R
Of course I'd never FOMO back in late.

I just wait for my next killer R:R opportunity and have a go.
And then I can add a second position with even less risk and my 1st trade is still valid.

But I'll never fight over and over and over so if stopped here I would be done going against the grain.
Read 8 tweets
NebraskanGooner📈 Profile picture
3 Aug
Just hired a bi-weekly maid so my wife will quit getting mad at me for not cleaning (fair complaint).

Now do I tell her I hired a maid or do I take full credit? 🤔🤣
Let her in through the garage so it doesn't show up on our ring doorbell and take full credit.

And also don't bang the maid.

Got it, thanks for the marriage advice everyone! 🙏

She's coming today for a deep cleaning. We'll see what my wife thinks about it when she gets home.
I go downstairs to find the maids both sitting on the couch petting my dog and the Roomba vacuum running...

Well played... well played.
Read 8 tweets

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