How to understand when the global trend is starting to change? The issue of trend reversal is very acute at the moment, because we are witnessing a rather long fall and one of the longest corrections now. And to be precise, this is the second biggest correction. How to found out the moment has come and you need to urgently buy up everything so you do not cry...
Bull pushing higher and WOW if they can only break new highs would be fantastic. Here's a worry but bear in mind that it's only experimental. If all patterns are just consolidation areas in a much larger picture then at some point all patterns break up - break out of a box. This study is not intended to supersede any previous study. Bitcoin still looks 50/50 ew...
FALSE BREAKOUTS, BULLISH AND BEARISH TRAPS FALSE LEVELS BREAKOUT: TRADE, KINDS, PATTERNS Trading strategies using key support / resistance levels are among the most popular and often used in trading practice by most traders. However, behind the seeming simplicity of the trade of the rebound from levels, and their breakdown lies a lot of nuances, which are...
The trading strategy is a common vision of how, by means of which methods, using what tools and in what markets the trader is planning to earn money for a long time. In our case, since we are going to trade on the crypto-currency market, it is worth determining whether we will trade the most liquid coins using the marginal leverage, or it will be trading in...
Found something to pump in next weeks news obviously. The pattern of first fractal or consecutive fractal after a red vertical on this chart appears to have reached the end of a life cycle.
Didn't have to produce this prediction but thought just for fun. Taking a guess on timing when leg down may end, and that we've seen high. Also took volatility of the 14th September as 23.6% key to the next Fib downturn. Added some more Fibs too using a different measure. If it's going to try for a second fractal high will it reach bull territory instead ? Are...
This is the longest it's ever taken from a red vertical to form a fractal high or low in recent times. Is it because market getting ready for a different kind of drop or is something changing that again is going to change the pattern of recent times. It happened already once on 15th August when fractal high mist its target of the light blue Bollinger Band setting...
Hi Fellow Traders, I wanted to do something different with this post to help those that are new in the world of investing. One of the most fundamental parts of trading is knowing resistance and support levels. Now what do we mean by this? These levels/prices are prices which kind of act as a ceiling (resistance) or a floor (support). Think of it this way,...
After few analysis i decided one of the best timeframe to spot the primary trend and reversal for BTC is the 2 weeks timeframe. The 1 month timeframe is too high as the asset is too young and it wouldn't be sensitive enough to give us reliable signals of reversals top and bottoms. Certainly there are many similarities between 2014 and 2018 but we always need to...
Bitcoin developing single or double fractal and then its "bombs away" Note my MACD settings:- Only used signal line Fast Length 6 Slow Length 13 Source: Close Signal Smoothing 31 Note my Bollinger Bands setting:- Leave out basis and upper Set to length 20; Source Low; and STD Dev 0.001
Update Vol.3 - added more CME's Bitcoin futures dates.
It seems to me, based on the rules posted in the chart, we are in a clear bearish continuation descending triangle. Red Boar
Hey guys, here is my last video about FIBONACCI and its extensions. :-) No offens to those you use it in a wrong way -I did the same mistake! I just wanna show you how you should do it and wanna help you to improve your trading. :-) If you don`t really understand why, just check the first Video of my Fibinacco-series. Peace and good trades Irasor Wanna see...
FA Vol.2
This is the Tortuga V.3 update showcased with a Mock Portfolio against the 3hr Timeframe. The Tortuga V.3 indicator has been backtested to be 79% successful. This indicator is for sale, if you have any questions shoot me a direct message on tradingview. As always, thanks for watching. James
Hey everyone, this is the Tortuga indicator being showcased on the 2hr timeframe, 20 signals back, along with a mock portfolio. The backtest on profits showed a 14% gain on a trading stack and a 3.5% gain on overall equity. For leverage, the profits increased dramatically. I will be better showcasing this in other videos, I just had to pee the whole time so if I...
This video aims to showcase the Tortuga V.3 Update on the 4hr timeframe along with a mock portfolio showcase. The V.3 update consists of 1 new lines of code that brought more successful and frequent long signals, and two new lines of code that also weeded out bad long and short signals. The Tortuga indicator was backtested to be 75% successful, on both long and...
Time and time again I see people short the bottom. Shorts are approaching ATH, which shows how uneducated traders really are. You short at top pivot point confirmations. You long the bottom pivot point confirmations. You don´t short the lows on the bottom of the cycle. You don´t long the highs at the top of the cycle. Research market structure and market cycles.