Crazy morning guys, everything is cracking bases.. make sure anything you buy has some good profit potential.. Ethereum is even cracking a base... im nibbling a little, but hoping for the panic.. I won't have much time for answering questions this morning, but ill try to get to them soon...
Steem
ETH
UBQ
This is just a few of the many many charts im watching, with cracking bases.. Oh man its gonna be a crazy day.. im lovin it!!!
Luc
This is crazy
Wow love these charts
Hi Luc! :) Am I ok with this one in UBQ/BTC (BTRX) ? :) Thanx again for the heads up! Awesome!
looks good to me.. and i have a bunch of orders set up under too, incase this panic keeps going.. come on drop baby drop!!!
hehe :) great! yep, bounce baby bounce! I'll wave to you on the way up!
Hi again Luc! :) Seems like it didn't manage to reach back to the base. Or will it? :) What's your thought? Cheers!
yeah it gave us a pretty nice pop back to base almost..
hard to say if that was the bounce and we continue lower or if that was just a quick reaction, but I can tell you one thing for sure.. there are still plenty of buyers in this chart.. it is acting very nice.. im happy to keep buying every new dip.. but so far I didnt sell any of the UBQ i bought at 45s
Oh how I wish I had more capital! :) I'll keep my sell order where I pinned it. :) Small baby steps. I will...learn this. :) 1000xthanx again!
Excited to see how the day plays out! Haven't gotten my Kraken funded quite yet but do have a paid Coinigy now and have been following charts, for the moment put a few "paper" trades through just to see if I'm following your strategy right. Keeping my fingers crossed and hope to be up and trading within the week. Keep up the good work Luc, your teachings and video's are genius!
Thanks, i still have to get answering all those questions from the weekend.. but at the same time im giving priority to alerting these awesome trading opportunities..
I apologize in advance if this sounds down right foolish. When you say "many charts im watching" - how is it you find the coin to trade for the day? I am not afraid of hard work, in fact, I'll go to the ends of the earth for knowledge.
I understand your strategy very well, and agree with it completely. Do you start the day with coinmarketcap and look for biggest losers? I'm trying to learn your TA, which I'm sure will come with more experience.
If you could kindly let me know how you uncover those possible coins to trade, and what steps you take each morning. Thanks in advance, and my apologies if I've over stepped.
Thank you sir -
no worries, I simply use coinigy to add charts to my favorites, then I set alerts on all the charts that I like, the alerts are always set under the bases.. or if i think its about to crack ill just start setting up trades way down on the bid where i would like to buy.. Also I use Coinigy's Market Watch.. its up in apps... it will have all your favorites in the app and you can sort them by % down and see whats falling in real time..
Thanks a ton Luc, I appreciate it, and you very much ~
And we love your charts showing us REAL knowledge! :D Thaanx Luc! Good hunting! :)
Thanks for all the helpful info, Luc! I truly, truly appreciate what you are doing.
Here's one question: how long would you prepared to hold a trade that you buy today? Since we all know that the price will go up sometime, would you simply sit out every trade?
you gotta watch my other videos.. my strategy is explained in detail
Darn, I must have missed that bit, so I'll watch them again. Thanks for the quick reply though!
Fasten your seat belts! We have turbulences!!!!
Hey, long time follower, first time poster :)
Quick question, how do we know at what price to set the buy and sell orders? How do we know how to start layering in and out? Thanks, keep up the good work!
Too basic a question for me to answer.. you have to watch my videos, and see the explaination.. find a strong base, watch the crack for a panic, look in the past to see how far panics usually fall, start layering based on what you see from the past..
What price range would you bite on bitcoin?
Luc what do you think about scalp trading? Your strategy looks like swing trading but have not heard you use these terms
scalping is not really easy right now.. If your going to try to make the spread on coins, you need some fast execution tools, like a DOME platform.. The market isnt really there yet.. In pennystocks I trade off a 1min chart and most of my trades don't even last an hour.. but here, the market is just to try to make those back and forth scalping trades.. thats just my opnion
Happy Monday, Luc, and thanks for the heads up about these bases being shattered. I have a trading question based on one of your first postings ($300 to...you know the one).
You were replying to a question saying "...I rarely have a red day because I have some systems in place that make everyday a good one.. Example: I trade my day on a portfolio basis (ill have to make a video and post on this subject alone)". Was that just for trading the penny stocks or with Crypto as well?
Just Penny Stocks... I would never ever ever invest in any pennystock.. so i only trade pennystocks and try to be all cash every night.. but in Cryptos, im buying everything to hold longterm... so i only trade in cryptos to get free coins to hold hold hold.. completely different
Hey luc, can you also make a video on trading in pennystocks? would love to get into that as well.
Makes sense. The Pennys do interest me too. I still remember some of your old videos on that topic as well. But Crypto seems so much more fun!
Thanks again, Luc. Happy trading!
Luc, I suggest you don't lose your time answering questions that your past videos already explained. Maybe you should state that at the bottom of your posts here.
yup, it will get tiresome fast, but im trying to get everyone motivated, so I gotta give those newbies a little of my time
I'm one of those newbies, and i appreciate the time you give us. Thank You very much.
I'm definitely going to have to set aside some btc for these panic dumps. Thanks for providing your enthusiastic insights.
Hi Luc! I was thinking about the bases and your strategy... can I do the same but with short positions? I look for a strong "roof", where there is a big spike with good bounce back down, and make that my "roof", and if it breaks it, that is my safe zone? Thanks!