✈️ Friday Flight Log – 4 October 2024

ICYMI: THE TRADE TRAVEL CHILL WEEKLY RECAP

Whether the worrying news from the Middle East made the move down bigger than expected this is up for debate, but there can be no doubt that Annii called it based on technical analysis, in the face of blind bullishness on crypto Twitter. That’s why we love her – she trades the charts, not the vibes! Did you miss the move? Let’s make sure you don’t miss anything else this week.

TRADE

👩‍✈️ FROM THE FLIGHT DECK

Did you catch all of Annii’s insights this week? Let’s recap! 

• Annii highlighted Elliot Wave theory this week in a detailed member-only video. She explained the difference between impulsive and corrective waves, and how understanding this distinction can help guide our level counts.
  
• Sunday, she kicked things off by previewing the pivotal week ahead, with all eyes on the monthly candle close and Friday’s unemployment rate news (happening right meow!)
  
• True Trend Tuesday, she analyzed the liquidity levels and gave the bulls a cautious heads-up.
  
• Wednesday she debriefed us all after the big drop, and Thursday shared the latest on her counts for BTC and ETH.
  
• And this should probably be part of the Weather Report🌦️ because yesterday we were hit by a Tweet Storm from Cyclone Annii! 🌀 Start with her current thinking on targets for $BTC … and just keep on scrolling👇 !

My gut currently tells me to still wait for 58k as per my 150,000 posts about this level this week, lmao! If my mind changes on that, there will be an update, but if there’s nothing, my mind and my gut hasn’t changed (or I’m asleep and missed it).

— Annii

Inflight news ⚡

Making headlines at TTC this week:

• HUGE news! Annii is flying five lucky members to Dubai for an all-expenses-paid, 5-day trip to hang out with her! 🎉 This is part of a new trading competition with Bitunix. Details are coming soon, but for now, get ready by setting up your Bitunix account using the TTC link and read more about the comp here.
  
• And while you wait, you still have until October 12th to enter the comp with our friends at Blofin for your chance to win a Rolex! ⌚
• And hot off the press, we also have a new Altcoin Report for Capital Club members. 

Enter every comp you can, and then just trade like normal. If you’re going to be trading anyway, you should be maximizing every chance to get an extra reward… whether it’s prizes, trading bonuses, fee rebates, or holidays!

— Annii

— Burj Khalifa, Dubai

Weather Report 🌦️

Jarrid J’s Macro Hangout contains massive alpha. You really will improve your macro visibility and awareness of risk asset pricing and forecast bias, also impacting Bitcoin and crypto, if you attend the hangouts and follow Jarrid’s Macro Channel. The TBD system PLUS Jarrid’s insight is a Power House.  

— @DavoCrocketo

Jarrid’s latest hangout was packed with critical updates on the current macro landscape, covering top news events, global liquidity shifts, asset rotation, and the strengthening of the DXY. And as always he’s posts daily in the macro econ channel on the essentials we all need to be across. Here’s some of what you might have missed this week:

• The US Election is in 5 weeks, and here’s what you need to know.
  
• An interesting analysis on Global M2 (basically, assets that can be quickly converted into cash)
  
• His comparison between this election year and what happened in 2016
  
• The history of OPEC’s decisions and their impact on oil prices.
  
• And he shared his updated asset return comparison chart, which shows that Bitcoin continues to lead the pack, remaining the best-performing asset over the past four weeks.  

The data is extremely unclear at this time depending on how you slice it and what aspect you focus on. What does look clear to me is that we’re at the end / near the end of an economic cycle. Given the amount of liquidity and measures being taken by global government at this time, a blow off top could still be 4-6 months away. With that said, the biggest world event this year is Nov 5th! After that event is done anything can happen to financial markets if there is any uncertainty about the US.

— Jarrid J

🥂 From the Capital Club

Annii’s Investments 💵

As the price action heats up, Annii has been busy sharing her investment insights with the Capital Club including:

• Stop loss advice for placing coin futures trades.
• Updates to her positions on Ethereum ($ETH), Solana ($SOL), Jupiter ($JUP), Kaspa ($KAS), Chainlink ($LINK), and Celestia ($TIA).
• And why she’ll be watching the 4-hour timeframe for signs to buy dips after many coins have shown an impressive bounce back this week.

SilverWolf Alpha 🐺

This week, SilverWolf posed the question:

• Is BlackRock buying more Bitcoin a bad thing? He analyzed the potential impact of this on the cryptocurrency market and investor sentiment.
• He also released a detailed review of Bittensor ($TAO).
• And his analysis of a bunch of altcoins, including Sui Network (SUI), Injective Protocol (INJ), ANKR Network (ANKR), Render Token ($GPU), and Ethereum (ETH). Check it all out in the silverwolfbtc-updates channel, and don’t forget to drop your coin suggestions to let Mr. Wolf know what he should investigate next!

When a major player like BlackRock buys Bitcoin, it can create a bullish outlook and investors view it as a signal of confidence in Bitcoin’s long-term value. My opinion is somewhat negative. Even though BlackRock’s Bitcoin purchases bring attention to Bitcoin, as a true Bitcoiner, I believe it could also be unhealthy for Bitcoin.

— SilverWolfBTC

✈️ From the Main Cabin

Cabin Crew Hangouts ✍️

In Tuesday’s hangout, Cajun recapped two weeks of scalp trades with an impressive 72% win rate. e broke down his entry decisions, volume analysis techniques, account growth targets, and the specific signals that influenced his trades. If you’re curious about how Caj sucessfully combines the VWAP, RSI, and ribbon strategies with the TBD system, this is a recording not to miss. 

At the beginning of the week, I aim to secure 4-5% percent account growth and be done with it. I’m more than happy to bank 5% early and then see if I get a re-entry.  If you get really good at scalping, and you can secure 3 to 4% account growth per day on 10 days out of a month, you’re going to be extremely successful.

— CajunSpice

At her Wednesday Asia open session, Aleisha opened up about her personal experience of learning the method, and shared some deep insights on developing the confidence to take trades, trusting your own analysis and overcoming the tendency to seek validation from others. It’s absolutely worth your time to jump in at the 20-minute mark of this recording to hear her words of wisdom.

When I started learning this method, I found it really layered and quite complex. There was always a reason for me to not enter a trade… I had to focus a bit more on deciding that if I have three reasons to enter – sometimes only two – I just have to enter it. There is so much distraction and noise, and no matter what your entry is, you’ll always find a reason not to enter, every time. 

— Aleisha

In Cody’s hangout, he recapped the week’s price action and all the best entries and exits. He talked about the importance of trading in line with higher time frames, the value of session timing, and explained his approach to UK, US, and Asia session trades based on his back-testing brilliance.

If you can get good at trading clean setups, high quality setups in line with the model, and you can be confident that you can always pull a 3:1 trade out of the market, then you can start to trade more of your account. You don’t have to try and catch everything, you don’t have to worry about taking silly trades. If you get good at having patience and taking these high quality trades, you can just chill. 

 — Cody Selby

View of Mount Batur, Bali, Indonesia 

— Mick P

Humblebrags 💪

 A big shoutout to @Riversmile for her latest achievements as part of Annii’s trade challenge and her second month of journaling trades. She also started Annii’s 90-Day Challenge, created a structured plan for October, designed her own trade plan, and began using Annii’s weekly planner! River, your energy and commitment to personal growth is so inspiring!

Pro Results 🎯

Annii’s tweet on calling this week’s big drop has sparked some entertaining reactions, with plenty of copium from the salty bulls and bros in the comments. If you caught the short, go love bomb her post with your charts and win posts!

TRAVEL

Community Travel Pic 📸

Cabin Crewman Mick P just got back from a friend’s wedding in Bali, and wow…!

Bali, Indonesia 

— Mick P

CHILL

Mindset 💖

This week’s Chill Chat has been postponed until 11 October, but until then make sure you’re caught up on Coach Cat’s insights into holding ourselves accountable. Feel better soon, Coach Cat.💙

Accountability is a powerful positive; it opens the door to growth and transforms every setback into an opportunity to learn the lesson and evolve.

— Coach Cat

Inflight Entertainment 📺

As always, here are some suggestions to keep you from missing the charts too much this weekend!

• With Annii’’s blessing, I wrote a thing… Rejections, Retests, Reversals, Retracements + Resets — oh my! I’m hoping to spread the word about TTC and maybe help a few newbies to trading or TBD, like me! Feel free to share. 
• Following Aleisha’s advice on trusting your own technical analysis (TA), @traderjay shared some great trading checklist examples from @Jolz and @Daniel. 
• As mentioned in Cajun’s hangout this week, here is a throwback to June 2023 when Annii shared her strategy for trading the DGZ and Asia. 
• Here’s an interesting (though possibly biased) report from BlackRock, highlighting Bitcoin’s unique position as both a volatile asset and a safe haven during politically unstable times. 
• And for a recommended watch, @Lucyinthesky suggests checking out Krown’s videos on trading psychology and mindset, which could be helpful on our trading journeys. 
• The bigger our community grows, the more value Annii can offer us, and the best way to help grow is to boost the signal by showing her some love across all her social channels. Click, like, comment, subscribe, follow, do all the things …

Twitter X  | YouTube  | Telegram | TikTok | Instagram | Facebook

☀️ ON THE HORIZON 

Important: changes to the times of some calls! 

• The US session call now starts at 07:30 NY.
• The Tuesday hangout now starts 1 hour earlier at 04:00 NY.
• Cat’s Chill Chat will move to 05:00 NY from October 18th.
• The Macro Econ hangout shifts from 13:00 NY to 12:00 NY. 

All Asia and UK calls, as well as the Friday hangout, are unchanged.

Please note, all times are listed in New York time. Access the full calendar here.

*new times

😆 MILE HIGH MEMES 

Source: @naiivememe

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Thank you for reading. I appreciate the support and feedback, and love to hear ideas about how to make this recap the best it can be. Comment below or send me a DM if you have thoughts!

— Caitlin 💙