BTC Trading Lab

I covered this daily imbalance a couple of months ago and this could act as a magnet.

Not easy for analysts to get this move right... As a TRADER I'm not participating to this Price Action. I have a rule to not trade CPI NEWS as simple as that. This is how I lost a 300k prop firm account (as explained in my pinned Tweet Prop Trader Journey documentation) The 1st pic shows my first Tweet after 3 months break. There was clearly a high chance to revisit 27k. But I NOW believe that we could be in an ending diagonal wave C as shown yesterday (2nd pic) And yes we're not going to 13k just right now ... I just saw a comment "we're not going to 13k mate"... Please stop... I'm sharing ideas. Being RIGHT or WRONG in trading does NOT make sense. Do we have to go there? Not at all. Do I care? Not really. I like to do analysis but I'm a HIGH STAKE Short Term Trader and I only use naked charts when I trade. Elliott Waves TA serves as a guidance. Timing (Trading sessions) is what matters to me. My trading style: I stay an average of 2.5 hours in my trade. I also use very tight SL as well that's why my win rate is below 50% (3rd pic). What matters is how much you make when you win and how much you make when you lose. As simple as that. Looking to see a rejection around 27k for #BTC in the price imbalance.

Why #BTC presents a GREAT SHORT opportunity to 21k? 1⃣ 5 waves up identified 2⃣ Rejection with 5 waves down identified on a smaller degree 3⃣ Break of Structure (Wave 4) ✅Optimum Entry between the 50% and the 70% level ✅High probability of reaching the CME GAP at 21.1k

Yesterday I stayed away from any trading activity because I have set myself a hard rule to not trade during CPI NEWS. It wasn't easy but I managed to resist to the temptation while everyone was sharing their big wins. Those 'high impact NEWS event' will get you one day or another like it did to me in the past. Today I just made my biggest trade ever on #EURUSD. Discipline definitely pays off. If today I'm letting my emotions out because of my best day ever, I know that a read streak is around the corner. I'm still working hard on my mindset every single day but sometimes I feel clueless. There is time where I even feel depressed and start questioning my abilities as a full time trader. There is time when I want to stop everything and start enjoying a normal life like a normal person. It has been 6 years that I started this journey and I don't regret every single moment but being a full trader is really hard. I'm not going to lie. I don't think I will be able to do that all my life to be honest with you. I'm also aware that some external events could change everything. It did happen to me in 2022 when my mom announced that she had a cancer phase 4 and that the doctor told me that she would have the chance to die within a few months. Thanks god a new revolutionary treatment worked for her. After that event, I couldn't be consistent in my trading anymore. I didn't even want to trade anymore. It took me months to get back to a level of consistency. Hard word is finally paying off and I feel that this Twitter account really helped to pass a milestone as a trader. I will have to get back to work tomorrow and keep preparing myself for red days. I won one battle not the war. I will win the war once I would have generated enough passive income to retire and that my family will also be financially safe. But today I want to celebrate. Thank you for reading.

There are different scenarios that could send BTC to 28k but this is not my area of expertise. I'm looking for short term trading opportunities to successfully run my trading business.

🚨 Why you should be patient for the next short position on #BTC? 👇 🕐Timing is definitely key in trading. Important News release vs Stock Exchange opening. You need to wait the right timing alongside your analysis and THEN act accordingly. 12.30 UTC (Red News Event release) 1.30 UTC NYCE opening I'm looking for a 1:3 Risk Reward ratio for my next trade. Let's see how this will play out.