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CRYPTO MECHANIC
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$ORDI Stuck in weekly range, No clear directional trade on it yet.
$ORDI
Stuck in weekly range, No clear directional trade on it yet.
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Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier.
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it's always about perspective. people need to have a mindset about why they're buying something. For example is it a scalp trade? Is it for a day? is it to hold for a few days/weeks? Am i going to hold it for a few months? Each perspective requires a different mindset and trade management. This is what you need to learn and understand.
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Many traders pay no attention to their emotional state before the trading day begins. However, your inner state will have a direct impact on what happens in the outside world. Especially in trading. If you come at the charts in a bad mood, FOMO, negative, fearful - you will make bad decisions. If you come neutral, balanced, optimistic and objective - you will perform at top level.
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US inflation (CPI) data comes higher than expected , The US inflation increased once again as there was an increase in last month's report as well. The higher the inflation goes the likely it will reduce the Odds of FED cutting the interest rates as cutting interest rate is dependent on inflation rates.
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