TUCP Market Alert – October 18
Following Monday’s flash trade, I have received quite a few enquiries from subscribers about how I would have managed this trade, therefore, I have devoted today’s Alert to this example and why, given a pickup in volatility this money management approach is profitable and repeatable!
In today’s Alert, I look at yesterday’s sharp drop in Bitcoin’s price and show you why I believe this is a small shakeout to allow the big players to get the weak holders to sell in readiness for an up move once the consolidation ends.
In today’s Alert, I show you where to find another series of tutorial videos. This series of videos cover all of the functionality of the TUCP software, so while the markets quiet and any questions you may have with regards to the tools in the software, then take a look!
The market remains quiet, with a bit of a spike to the upside on the overnight market with prices hitting the 6488 level. Let’s see how the market reacts to this today.
In today’s Alert, I show you where to find a new video I have recorded with regards to which orders you should use on the Bitmex exchange when trading a TUCP trade setup.
We also look at the continuing sideways move, looking for potential clues for when it could break!
I also analyse where we are in Bitcoin’s current market cycle.
There’s also some good news, the Wall Street boys are investing hundreds of millions in to setting up crypto trading desks! We’re at the beginning of something very exciting!
The market still remains fairly quiet, but this doesn’t stop you from paper trading and getting used to the software and the Bitmex exchange.
I also look at the next down side support level of $6,000 and why this is such a major level.
I also cover a technique I was told about nearly 30 years ago on how to you can measure and us the sideways range’s length and then use this to project a profit target once prices break out.