The Liquidity game is much, much easier than you think. Most people only want posts that align with their own beliefs, the reality is Bitcoin is becoming institutional and the more players coming does not simply equate to prices rising. Logic will tell you, these "professional money makers" will want better prices, the accumulation phase on this scale will have...
💥 Very important idea and question of the week here with our XRP should I buy or sell? Good question and let's see what we can figure, thanks for joining ladies and gentlemen. 💥 XRP's been trending between 0.77 and 0.80 roughly displaying this horizontal channel which has basically displayed this sideways trend with us getting one breakout above for a relatively...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Today, I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset. 🏹 I call it the "Bow & Arrow" pattern. This pattern can be either bullish or bearish, but for today, I will be focusing on the bullish reversal...
Since it's summer and the BBQS are out, it got me reminiscing about old times. I used to tell people I was a trader, before I was even profitable. Do I recommend this? Nah not really no. (1) It puts tremendous pressure on yourself to do what you say. That pressure makes you rush, push and bully your risk into a brawl of epic proportions. (2) Most people...
I see this more and more, especially in the crypto space. There are some wild stories out there from turning $8k to a billion through to a Pizza for 10,000 Bitcoin. Here are some home truths. Although most of you won't want to hear this. You see, as a professional trader - there is 1 key factor, almost a scale balancing between too much and just enough....
I have seen more and more Wyckoff posts recently, well - here's another one! I was trading Wyckoff methodology when it wasn't cool. Unfortunately for the masses, it's not as easy as an 'influencer' will have you believe, from seeing their posts - they clearly lack the understanding and are simply joining the 'HYPE' club for view count. A few years back I went...
USDT (Tether) vs USDC (Circle) reserves☝️ USDT seems to be more diversified then USDC, as they’ve split their reserves into 7 different asset classes. Compared to USDC who are only diversified into 3. USDT has a healthy 4% of their reserves in Gold, which is up 8% year to date SO FAR. They’re more likely to survive a liquidation process, compared to USDT when...
When you first start trading, everything seems like a good idea! You want to take every trade, use every indicator, watch every video and stream! Be like every influencer! You get this feeling that you found something new, that you are the chosen one. Unfortunately, it's for this same reason - 90% of new retail traders lose 90% of their money in the first 90...
The Howey Test The Howey Test is a legal test to assess whether certain transactions are investment contracts. If a transaction is an investment contract, it can be considered a security by the SEC. It is subject to specific disclosure and registration obligations under federal securities laws. The test got its name after the 1946 Supreme Court decision in SEC...
The major issue with 99% of retail, is that they seek tops and bottoms. They watch a video or read a post and DIVE not knowing, or understanding some simple logic. To be a successful trader you need a level head. As soon as you realise profits are made in a range and not by trying to time market tops and bottoms, there more you succeed. There are thousands of...
To begin with, you don’t see all this, because you rested on your indicators, on the thoughts of opinion leaders who themselves don’t really understand anything about trading and earn only on you. On this platform, I have a lot of ideas related to numbers, check them out. It is very important for me that you guess what these or those values mean. Try to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today we are going to go over a practical example on XRP, but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. Always follow your trading plan regarding entry, risk management, and trade...
Nice and simple breakout of triangle using Vema trader, I used the crossing strat (of horizontal line) paired with an on candle close order, meaning it entered me on the 4Hr when the candle closed below this level. Shorted this down to a previous price level. Simple but works! Excuse my stop loss, it was more of a guess than anything as I had to predict where...
The ins and outs of trading psychology For something that I believe makes up the bulk of trading itself, I believe it is also the most overlooked. Trading psychology is what I am talking about, and it is definitely the most important aspect of trading that every trader needs to develop and master in order to become successful. In the most basic ways to put it,...
Hello Traders, Today I wanted to go over one of my favorite as well as one of the most widely used tools in trading, the Moving Average Convergence Divergence (MACD) indicator. This moving average indicator was created invented in 1979 by Gerald Appel responsible for the MACD line and Signal line and later added to this was the histogram, developed by Thomas...
Hello Traders, Today I wanted to show you a little bit of information to help you understand the market cycle in a Wyckoff Price Cycle. Richard Wyckoff was a world renowned trader from over 100 years ago who gained notoriety back in the roaring 20's. You should take some time to get to know him and his teachings. Here is an understanding of his development of...
An article titled Bitcoin Stock-to-Flow Model was published in March 2019 by "PlanB" with mathematical model used to calculate Bitcoin model price during the time. We know that Ripple has a strong correlation with Bitcoin. But does this correlation have a definite rule? In this study, we examine the relationship between bitcoin's stock-to-flow ratio and the...