Get started

Hyperwave

SORRY FOR SPAMMING BITCOIN CHARTS BUT THIS IS BEAUTIFULI. TOLD. YOU. SO. On an "academic" perspective this is so beautiful, but first I want to celebrate. Because I saw it coming. I saw it all. And who else did? I of course predicted that ignorant people would tell me how wrong I am and "got burned". So please note what I wrote on this chart in green on the mid-upper right area: (This is just an example, we could also get a 1 year bear market till 3000, then 6 months of bull, etc) Here are ALL my public BLX charts. BLX weekly charts: BLX daily charts: There is no cherry picking these are all of them. There is no "weekly and above charts" filter, so BLX is the closest thing. And only BLX afaik has Bitcoin all time. I told people there would still be Bitcoin bubbles. But no 1 million. Smaller bubbles... Technically if we make it to 13k it will be as big as 2013. 2013 was a > 4.236 extension and so is 12k. Most crypto investors cannot figure out when I am on a 1 hour timeframe or monthly timeframe... They just "assume" I am on the same as them, whatever it is. Most are clearly not traders. I have way too many BTC posts to go filter them. And so many updates I was posting a ton 1 year ago. Good thing I keep BLX clean enough. So. Here we have it. SO, back to hyperwaves. Made a post about this before. Tyler Jenks is the one that gave it the name. I just call them asset bubbles. Or super bubbles. They always behave the same manner. It is over and 80% odds going back to phase 1 once a week closes below the phase 4 trendline. According to him. But he only had a sample size of a few dozen. What I can say is bubbles behave the same way, always. Made a post about this: Got an idea about Bitcoin financial bubble describing it: By the way... I found this screenshot in the idea. LOL. Once again... Got a recent chart for Bitcoin with descriptions: On the monthly chart: Going to wait a few more days before posting that monthly chart. No, I do not think we will go to zero in a straight line, and I am not 100% sure we go to zero zero. We might thought... Just look at BCH ... 11k to 17k was not phase 6 then? I thought it could go to 20-30k even 100k, but phases 6 never go past ath right?
BITSTAMP:BTCUSDEducation
by MrRenev
14
Intermediate Trading Strategy - Part 4In the previous posts we discussed profit taking in different markets, profit targets, trailing stop losses, risk:reward, time horizons and how to identify a trend. Starting with part 1 is highly recommended. Best Indicators I have noticed that some indicators work really well when the asset is at or near all time highs and other indicators work best when the market is recovering or in a bearish trend. If ATH', or ATH' territory Tyler Jenks’ Hyperwaves: Help to identify areas of support in parabolic markets. Also indicates when the parabolic move is exhausted (phase 4 or phase 3 breakdown). Hyperbolic burst: Use 30 period RSI. If >/= 70 then parabolic status. Prefer week and daily to be > 70 with W > D. If both weekly and daily are > 70 then in a Parabolic High Risk (PHR) state. If Weekly and Daily > 80 then Extreme Parabolic High Risk (ePHR). Fractals/Parabolic SAR’s: Very useful for setting trailing stops and identifying a reversal in trend. Up fractals should not get broken in a down trend and down fractals should remain in tact while trending up. Ichimoku Cloud: Tenken-Sen serves as a high probability entry. Kumo twists can help identify the end of a trend. The cloud can act as support. I find it to be most useful as a way to identify no trade zones. This occurs when the price is inside the daily cloud. MA’s: Like 10MA - 50MA - 128 MA on the daily chart and the 7/30/50 on the weekly. If the 10 MA crosses the 50 then it is a good indication of upcoming consolidation and/or reversal. For Bitcoin' NVT: Most objective measurement we have to value the Bitcoin' blockchain. However, with the introduction of the Lightning Network and batching transactions I do not know if this will continue to work. For example: The blockchain could be getting used more but NVT could be showing the network as overvalued because there are less total transactions. If Bear Market or Recovery Horizontal support/resistance and/or FIB’s: Prior resistance turns into support. FIB’s can help identify major levels of support/resistance. Look for gaps that need to be filled. VRPR: Large volume profile on top = large resistance | Large volume profile below = large support | If gap in volume below price then high probability that the asset will retest that zone, a/k/a ‘fill the gap’. Patterns: Patterns can be very useful in identifying high probability entries and estimating profit targets. Candlesticks: Capitulation and Euphoria wicks are a very strong indication of a reversal. I like to look for reversal candlesticks to be in confluence with an area of support, such as a horizontal, trend or Ichimoku Cloud. Trendline: Can be very useful in identifying bottoms and catching trend reversals. If trend is violated and holds as resistance/support on a retest then it is a likely reversal. When the price is in a freefall using trendlines and/or hyperwaves can be useful in identifying key areas of support. Do not look for a reason to enter a trade, look for reasons to stay out! Anyone can find a reason to enter a trade, and anyone can come up with an eloquent explanation to make the trade sound profitable. When you are actively looking for reasons to take the other side of your position and are coming up empty then it is probably time to bet big and use a generous stop loss! Thanks for reading!
Education
by Sawcruhteez
4
Trading Strategy for Parabolic Markets [Part 1]I recently watched this podcast with Tone Vays. Tyler Jenks was the guest and he started out by saying: "This is the greatest opportunity I have seen in financial markets." It just so happens that I have been studying parabolic theory as it relates to hyperwaves. I am using that information to develop a trading strategy that is aimed towards capitalizing on parabolic moves. I will be using Tyler Jenks' hyperwave and consensio theories, Welles Wilder’s RSI, ADX and Parabolic SAR indicators, as well as Parabolic theory from Spyfrat’s Call. The TD' Sequential and Ichimoku Clouds will also be used to a much smaller degree. Below I have outlined the indicators/theories that are being used, my approach to entries, four options for a trailing stop loss in a parabolic market and a rudimentary price target calculation. If you are not interested in the minutia of my approach then feel free to skip straight to part 2 where positions will be outline. I have identified 5 stocks that are currently in a parabolic state and one that is primed to start one. Entries, stop losses and risk:reward calculations are provided for each. Three strategies for implementing trailing stop losses have also been included. Consensio Used to identify bull and bear markets. If price is above the MA’s and the shorter term MA’s are all above the longer term MA’s then it is a bull market. If the price is below the MA’s and the shorter term MA’s are below the longer term then we are in a bear market. Hyperwave Parabolic Burst Continuation 30-prd RSI is used rather than the more commonly used 14-prd RSI If 30-prd RSI reaches 70 level, stock is in parabolic status The best setup is when both Weekly RSI and Daily RSI reach 70 with the weekly RSI > Daily. If both weekly and daily RSI are in parabolicy state but the daily RSI overtakes the weekly RSI the asset is said to be in a ‘Parabolic High Risk’ (PSR') state. Indicates that asset is at a high risk of a major correction (paraburst) If both weekly and daily RSI > 80 (regardless if w > d), the asset is said to be in ‘Extreme Parabolic High Risk’ (ePHR) state. Source ADX and DI ADX measures the strength of the trend. If < 20 then no trend exists. If > 25 then strength of trend is building. Horizontal lines can be drawn on the ADX to indicate when the move is becoming exhausted. Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), together these measure trend direction. If +DI > -DI then trend is bullish. If +DI < -DI then trend is bearish. Crossover in the -DI and +DI can indicate a change in the market trend. Entries I will always line out a minimum of three entries. That is because I believe in entering into positions in thirds or fourths, only adding when the price moves in my favor. This allows me to minimize risk and emotional decision making. Trailing Stop Losses Bill Williams Fractals - Set slightly under most recent down fractal (if long). Parabolic SAR - Set slightly under most recent weekly SAR' or slightly under the previous 2 daily SARs. ADX - If > 50 on weekly and/or > 60 on daily RSI - If weekly and daily are > 80 Price Targets This is still a work in progress. I have noticed that each phase tends to go +90% - +95% from prior phases high. That can be used to give us a rough idea in order to calculate the risk:reward, however there is a lot more backtesting that still needs to be done. If you have significant data about the % ROI' each phase will return on average then I would be very interested in collaborating! Now that you understand the approach be sure to check out part 2 where 5 possible possible positions are outline
NYSE:BAEducation
by Sawcruhteez
1