BTC price on 5/13 FX Plus 369
EMA Settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
Dear readers, good morning^^
I am Ai, the self-proclaimed number one disciple of 369 Sensei♪
Today, I’ll start by taking a quick look at the BTC market^^
EMA Settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTCUSD: On the daily chart, it’s trading below the 200 EMA, still showing a heavy resistance to upside.
On H4, after the sharp drop, it’s reacting around the 20 EMA.
RSI has fallen to the neutral area as well, so the short term is trying to find a direction.
Personally, I’m watching whether selling pressure on pullbacks or the formation of lower highs will win^^
But BTC lately has been moving quite vigorously (・∀・;)
Trading is,
“This time I feel like I can take it!”
When you think that,
you tend to want to touch the lot size, you know? (laughs)
But in the past,
I would raise the lot size there,
and end up crashing the trade many times (・_・;)
When analysis is right,
“I feel this could go today!”
becomes a thought,
but if you change the plan based on that “feeling,”
it usually collapses.
On the other hand,
・set your loss limit
・repeat the same setup
・preserve reproducibility
Since I started keeping these in mind,
unnecessary losses have reduced significantly^^
What you should aim for first is not huge profits,
but
creating a state where you don’t lose.
As that becomes stable,
anxiety during trades and reckless entries also decrease, you know♪
Lot management mastery.
Preserve → Thin out → Increase
It’s simple, but
truly profound (´・ω・)(・ω・`)ね
Details here ↓
https://www.gogojungle.co.jp/finance/navi/articles/113407