Trading Pub – 02 May 24

00:09: Quick catch up on some recent personal errors
06:09: Thought process on not panicking during downturns.
11:09: Long term plan to hold similar investments and wait for rate cuts and stimulus before expecting large gains.
16:09: How macroeconomic cycles like global liquidity impact markets and that we are still early in the new cycle.
21:09: How oscillators work well in ranging markets but can give wrong signals in trending periods and an example of this happening.
26:58: Oscillators, indicators and naked charts. Indicators can be a crutch and it’s better to analyse price action and support/resistance levels.
41:59: Technical analysis of various crypto charts including BTC, ETH, TAU, KAS, DNX, CLORE, and others. Discussion of patterns like falling wedges and support/resistance levels.
46:34: Plans to hold existing positions in TAU, ZAPI, and TAONU without selling, and only looking to buy more in Q3/Q4. Other coins like RENDER and ARC seen as weak.
51:11: The current performance of various crypto like GMX, BNB, XRP, ADA, TRON, MATIC, DOGE, DOT, NEAR and outlook. Total market cap has taken a dip but will likely mirror BTC/ETH charts.
54:36: Recent ETF outflows being due to weak hands taking profits, and funds testing the infrastructure by depositing and withdrawing to ensure smooth operations.
56:49: Past correlations between Fed funds rate cuts and pumps in the total crypto market, particularly related to 2019-2020.
57:25: Wanting to use Crypto.com credit card but having issues resetting password on the account.