BTC Potential ShortThe above trade idea is based on symbol BTCUSDT - Binance.
An alert has been set for the entry price.
Risk Management is always important. Let the trade come to you.
Stoploss(SL) 1% above entry. Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
Disruptivedevelopers
ALGOUSDT - INTRADAY TRADEToday we are looking at Algo because we noticed that while the majority of the Cryptocurrency market is down for the day, Algo is currently showing a >10% gain.
Time Frame
In this example, we are using the 4-Hour chart because we noticed a High Volume candle being triggered.
Strategy
Tactical Analysis - The evolution of the Traders Reality Hybrid strategy which stemmed from Steve Mauro's Market Maker Method and Trader at Home's PVSRA (Price Volume Support Resistance Analysis) systems.
Trade Idea
This is a very basic trade setup. Price is at the high's and is approaching the 200 EMA on the 4-Hour chart which is the equivalent of the 800 EMA on the 1-Hour. Typically price will react to the 800 EMA and tends to revert back towards the mean of the 50EMA. The daily V-Wap is currently sitting right around the 50 EMA providing more confluence for this trade idea as the price also usually will return to the Daily VWap which is where the institutional traders will find the liquidity to fill their positions.
Additionally using the Trader Dynamic Index indicator in the oscillator section at the bottom of the chart we can see the price line has crossed the Market Base Line heading up however, we are seeing bearish divergence, Vwap Mac-D, and momentum all declining.
Indicators Used:
The Tactical Analysis 3-Indicator Suite
- Tactical Analysis Part 1 - TVAR (Tactical Volume Analysis Recovery)
- Tactical Analysis Part 2 - Levels
- Tactical Analysis Part 3 - Oscillators
BTC - Time - Levels - Areas of InterestThis chart shows various levels and a time range to consider for Friday 06 May 2022.
Time Range
Looking at past Fridays the most prominent time for price to pivot is between 1100-1145UTC. The " Market Maker | Technical Time Analysis" settings have been updated to future project the UTC times 1100 and 1145. At this range of time I will be monitoring for a bullish or bearish candle type and what level price is at ( support/resistance ).
Daily Open
The Daily Open has been acting as resistance so far this morning, so this is a level of interest for me.
Session High Low
The "Market Maker | Sessions | Initial Balances | Range Stats" shows the Asia Session has created a tight session high and low.
Levels
The " Market Maker | POCs | Daily | Weekly | Monthly" highlighted a Naked Point of Control (nPOC) that was wicked yesterday from the 24 Feb.
There are several Naked Levels that could play an important role from the 24 Feb:
- Naked Daily Open from 24 Feb.
- Naked Value Area Low 24 Feb.
- Naked Daily Low 24 Feb.
Zone
The green zoned area is in relation to my Higher Time Frame (HTF) chart
Summary
Some times not having a trade for the day is not a bad thing. But waiting for the trade to come to your Areas of Interest (AOI)/Levels can be hard work. I am going to wait for a reaction and then go from there. But my general feeling is that there are too many levels/areas below price that are of interest to me. So I will be waiting to see if price moves down before I consider a LONG trade.
Indicators used:
Market Maker | Technical Time Analysis
Market Maker | POCs | Daily | Weekly | Monthly
Market Maker | Sessions | Initial Balances | Range Stats
BTC Higher Time Frame (HTF) ChartThis chart shows my thoughts on the Higher Time Frame (HTF) for BTC .
Most people have a Higher Time Frame (HTF) chart, what does yours look like?
Parallel Channels
This chart is on a 2 day timeframe, it consist of several parallel channels. Price wicked into my green box of interest at the bottom of the violet channel. Channels and trendlines can act as great support and resistance.
I have an alert set for 35400, if this fires I will reassess and potentially prepare for a long trade.
APEUSDT - INTRADAY TRADEThe best risk to reward trade set-ups are usually found when you trade with the trend. To identify these ideal set-ups you plan your trade by starting with a high time frame and working down to an executional one.
Time Frame
In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily.
Strategy
For this trade set-up, we are simply going to look at recovery zones and key levels to determine what we think the price is going to do over the next few hours.
We are using PVSRA candles which will be colored differently based on increased volume over the running average. The recovery zones are shaded to the right and are dynamically adjusted to show which portion of the High Volume candles have not yet been recovered, or where the price has not yet been retraced to.
Trade Idea
Starting with the Daily chart we can see that the trend is down and there are no recovery zones. The 4-hour chart has a high recovery point of $15.79, the 1-hour is $17.44 and the 15min is $15.99.
Price is currently at the daily and weekly low with the average daily range low very close.
Indicators Used:
DisDev -
Level by Level
DisDev -
Market Maker - High Volume Recovery
Replaying Trade Setups - Liquidity Grab Reversal - Trading ToolsHaving the right Trading Tools as part of your Technical Analysis setup can give you the edge.
When completing your Technical Analysis its good to know where high volume liquidity areas are.
This script automatically shows you where these unrecovered zones are.
This allows you as a trader to forecast Take Profits, closing your trade or when a reversal might occur.
This video shows that once the high volume liquidity zone was recovered price reversed.
This could have assisted your Technical Analysis if you where in a short to close your trade / Take Profits.
This could have assisted your Technical Analysis to place a long once the liquidity had been recovered.
Trade Safe.