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XPloRR MA-Trailing-Stop Strategy Bitcoin(BTCUSD) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: One green area represents one trade The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value at the end of the trade is lower then the buy value, the last color of the trade will be red (best viewed when zoomed) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for Bitcoin(BITFINEX:BTCUSD) (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): Fast EMA Buy=2 Slow SMA Buy=18 Minimum Buy Strength=36 Fast EMA Sell=8 Slow SMA Sell=22 Minimum Sell Strength=52 Trailing Stop (#ATR)=3 Result: 3.47 times better than Buy&Hold strategy NetProfit: 20770% #Trades: 25 %Profitable: 60% Buy&HoldProfit: 5977%
BITFINEX:BTCUSD
by XPl0RR
5
XPloRR MA-Trailing-Stop Strategy on KBC(KBC) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: One green area represents one trade The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value at the end of the trade is lower then the buy value, the last color of the trade will be red (best viewed when zoomed) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for KBC(KBC) (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): Fast EMA Buy=12 Slow SMA Buy=55 Minimum Buy Strength=56 Fast EMA Sell=12 Slow SMA Sell=55 Minimum Sell Strength=95 Trailing Stop (#ATR)=3 Result: 22.7 times better than Buy&Hold strategy NetProfit: 590% #Trades: 19 %Profitable: 63% Buy&HoldProfit: 26%
EURONEXT:KBC
by XPl0RR
XPloRR MA-Trailing-Stop Strategy on AB-Inbev(ABI) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: One green area represents one trade The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value at the end of the trade is lower then the buy value, the last color of the trade will be red (best viewed when zoomed) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for AB-Inbev (ABI) (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): Fast EMA Buy=9 Slow SMA Buy=30 Minimum Buy Strength=40 Fast EMA Sell=16 Slow SMA Sell=63 Minimum Sell Strength=40 Trailing Stop (#ATR)=8 Result: 2.27 times better than Buy&Hold strategy NetProfit: 1002% #Trades: 11 %Profitable: 63% Buy&HoldProfit: 440%
EURONEXT:ABI
by XPl0RR
XPloRR MA-Trailing-Stop Strategy Galapagos(GLPG) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: One green area represents one trade The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value at the end of the trade is lower then the buy value, the last color of the trade will be red (best viewed when zoomed) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for Galapagos (GLPG) (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): Fast EMA Buy=12 Slow SMA Buy=39 Minimum Buy Strength=40 Fast EMA Sell=12 Slow SMA Sell=45 Minimum Sell Strength=95 Trailing Stop (#ATR)=3 Result: 3.15 times better than Buy&Hold strategy NetProfit: 2370% #Trades: 21 %Profitable: 71% Buy&HoldProfit: 752%
EURONEXT:GLPG
by XPl0RR
XPloRR MA-Trailing-Stop Strategy on Apple(AAPL) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: One green area represents one trade The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value at the end of the trade is lower then the buy value, the last color of the trade will be red (best viewed when zoomed) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for Apple (AAPL) (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): Fast EMA Buy=12 Slow SMA Buy=45 Minimum Buy Strength=40 Fast EMA Sell=19 Slow SMA Sell=45 Minimum Sell Strength=106 Trailing Stop (#ATR)=8 Result: 2.3 times better than Buy&Hold strategy NetProfit: 6900% #Trades: 7 %Profitable: 71% Buy&HoldProfit: 2938%
NASDAQ:AAPL
by XPl0RR
1
XPloRR MA-Trailing-Stop Strategy on Barco(BAR) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades over a period of 10 years (average of 1 trade/year). 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: One green area represents one trade The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value at the end of the trade is lower then the buy value, the last color of the trade will be red (best viewed when zoomed) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for Barco (BAR) (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): Fast EMA Buy=16 Slow SMA Buy=80 Minimum Buy Strength=44 Fast EMA Sell=12 Slow SMA Sell=45 Minimum Sell Strength=82 Trailing Stop (#ATR)=9 Result: 7 times better than Buy&Hold strategy NetProfit: 386% #Trades: 7 %Profitable: 71% Buy&HoldProfit: 55%
EURONEXT:BAR
by XPl0RR
XPloRR MA-Trailing-Stop Strategy on Bekaert(BEKB) beats Buy&HoldLong term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy (link see below). Purpose: beat Buy&Hold strategy with around 10 trades. 100% capitalize sold trade into new trade. My buy strategy is triggered by the fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength. My sell strategy is triggered by either one of these conditions: the EMA(6) of the close value is crossing under the trailing stop value (green) or the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength. The trailing stop value (green) is set to a multiple of the ATR(15) value. ATR(15) is the SMA(15) value of the difference between the high and low values. The script shows a lot of graphical information: The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade. the trailing stop value is shown in dark-green. When the sell value is lower then the buy value, the last color of the trade will be red (best viewed when zoomed)(in the example, there are 2 trades that end in gain and 2 in loss (red line at end)) the EMA and SMA values for both buy and sell signals are shown as a line the buy and sell(close) signals are labeled in blue How to use this strategy? Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR). Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters) Then keep using these parameters for future buy/sell signals only for that particular stock. Do the same for other stocks. Important : optimizing these parameters is no guarantee for future winning trades! Here are the parameters: Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20) Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100) Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120) Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20) Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100) Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120) Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20) Example for Bekaert (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing): EMA-Buy=12 SMA-Buy=44 Strength-Buy=65 EMA-Sell=12 SMA-Sell=55 Strength-Sell=120 Stop#ATR=20 Result: 12.7 times better than Buy&Hold strategy NetProfit: 996% #Trades: 6 %Profitable: 83% Buy&HoldProfit: 78%
EURONEXT:BEKB
by XPl0RR
LTC: FUTURE IS UNCERTAIN, BUT CERTAINTIES ARE AROUND THE CORNER!Hi guys! welcome back for this new analysis on LTC ! At least for the moment, we leave aside the Litepay question (I talked about it extensively in my previous analyzes on LTC) which has largely influenced prices in the past few days. For the moment it seems that its effects on the market have stabilized, but without forgetting that it could again influence prices in the coming days. Due to the lateralization of yesterday that has continued for today, I had to expand the head of my RED H & S again, until it coincides with the right shoulder of the main H & S in GREEN, even if now, with the current situation of the markets could not even complete as expected. The line of EMA 50 that we have identified as support continues slowly to rise pushing more and more the price towards the resistance of 0.5 Fib, which has already been tested without success and this crushing will lead in the short term to the break of one of the two lines . Obviously we hope that it breaks up, to see the completion of the head of the RED pattern and the shoulder of the GREEN one, that would provide, positive signals and confirm an imminent change of trend. In case the break occurs downwards it will be a yellow flag and we would certainly go to test the EMA200, which is a good support, but a break of it, will be a big red flag and would result in a further fall in prices, at least until the Fib retracement 0.786. Unfortunately to a failure of the two H & S that we have followed so far we will be forced to abandon them and to review the forecasts for the near future. The trading volumes at this time have fallen, that is typical in a phases of lateralization of the markets, but in order to confirm the breakdown of one of the two EMAs, we will need to see volumes much higher than now and they should be quite above average, so until then we can consider the lateralization still in progress. the MACD indicator, right now, fits almost perfectly with its signal line and continues to move not much above 0. This confirms for the moment a stalemate but the change in trend of short-term prices could come suddenly. concluding, we will certainly see something significant happening in the coming days and it will be, in my opinion, very close to what happens at BTC, which we do not forget yet, has a very strong influence on the other crypto. BTC at this moment is fighting to break the top of the downtrend channel, the which still seems to offer much resistance. I recommend again to be very careful in these phases so uncertain, because you could be forced to face heavy losses and I also recommend to put the stop loss not very far from the entry price, possibly just below the already established supports. Let's see what happens tomorrow. We'll see you next time! Please let me know yours opinions of my work and correct me if I made some mistakes! PS: I am Italian, SORRY FOR MY ENGLISH, forgive my errors of writing. DSCLAIMER: This is my own idea and I'm a BEGINNER in TA and in trading. So DON'T TRADE following my opinions but make yours and play on that. I publish only to have fun an for sharing my ideas whit others who can improve it and help me grow in understanding the world of TA and Trading.
KRAKEN:LTCUSD
by TheStarMan
LTC THIRD UPDATE !!! THE DAY HAS COME !!welcome guys! it's time for a new update on LTC! Let's see what the situation is like. A few hours ago it was officially announced by the Litepay staff that the service will be launched tonight at 9:00 pm (PST time), but unfortunately it was also announced that the Litepay credit card service has been postponed and we don't know when it will be activate. The official motivation given by the company is: "due to recent hostile actions by the issuing card to cryptographic companies." This declaration has apparently slowed the rise in prices and generated a reduction in trading volumes. In my opinion, this news, came a few hours before the expected launch has disappointed and frightened many investors who have pulled back for fear of a fall in the price of LTC. In fact the main function of the service will be regularly released (the details can be found on their site). Now let's move on to the chart, In recent days, LTC prices rose gradually from 198$ of 24/02 to 230$ of today, accompanied by above-average trading volumes and a gradual increase in volatility. Looking at the chart we can see that in the last 5 sessions prices have slightly exceeded the Fib 0.5 retracement line, only to redeem. This suggests that the Fib 0.5 is working as a resistance, and also seen the decline in volumes, will not be easy to break it, but I am confident that sooner or later it will yield to the advances of the buyers. Another comforting fact is the MACD, because looking at it we can see that it have cross is signal line, and both cilbed in the upper side. while I'm writing it seems that, slowly, we are going to test that resistance again, but we need more pressure to break, and go up to 240/250 $, where I think there will be a new resistance to overcome. For the next few hours the situation is still uncertain, but I am confident that at the launch of Litepay, something positive will happen, otherwise we still have our EM50 that should do a good job as support and under still the EMA200 that coincides, at this time, with the Fib 0.618, that give me enough security. I do not think that there may be a sudden fall in prices, and if, there will be enough gradually to be able to run for cover and limit losses for those who are currently in long position. I would like to say that in this analysis I dedicate a lot of space to the Litepay topic, because I am convinced that a good technical analysis must be accompanied by a good analysis of the main events and news, which directly or indirectly, concern the product being analyzed , because the human psychological component weighs heavily on market trends and must always be taken into account. If everyone thinks that something good is going to happen they will make it happen. We'll see you next time! Please let me know yours opinions of my work and correct me if I made some mistakes! PS: All I wrote about Litepay news are not rumors, but they are news from official and easily verifiable sources. PPS: I am Italian, SORRY FOR MY ENGLISH, forgive my errors of writing. DSCLAIMER: This is my own idea and I'm a BEGINNER in TA and in trading. So DON'T TRADE following my opinions but make yours and play on that. I publish only to have fun an for sharing my ideas whit others who can improve it and help me grow in understanding the world of TA and Trading.
KRAKEN:LTCUSD
by TheStarMan
LTC SECOND UPDATE !!! WE ARE ON THE RIGHT WAY !!!!Hi guys ! welcome back for this new update !!! As you can see, I had to change the width of the RED H & S head a little but it seems that the prices still follow the pattern I drew a few days ago. Now we have risen above the line of EMA50 that was pierced, as I supposed, without too much difficulty, despite the volumes of exchange at this time are not very high. I am confident that now the EMA50 has become a good support, not very strong, but should hold quite well. Tomorrow, Monday, February 26, unless changes, the litepay service should be released and I think the ascent of these last hours, is also due to the ferment generated by this event. I expect a good increase in prices in a short time, probably up to close the head of the H & S pattern. In the last sessions you can see that the prices have risen quite gradually and usually indicates a good stability of the price targets reached, but in the next sessions of exchange we could see an increase in volatility of prices due to the release of litepay, so we must be very careful to trade. In conclusion, let's see what happens tomorrow and how the markets will react, hoping that the bullish signals observed lately will soon be realized with a powerful trend inversion. We'll see you next time! Please let me know yours opinions of my work and correct me if I made some mistakes! PS: I am Italian, SORRY FOR MY ENGLISH, forgive my errors of writing. DSCLAIMER: This is my own idea and I'm a BEGINNER in TA and in trading. So DON'T TRADE following my opinions but make yours and play on that. I publish only to have fun an for sharing my ideas whit others who can improve it and help me grow in understanding the world of TA and Trading.
KRAKEN:LTCUSD
by TheStarMan
3
LTC UPDATE!!! IT SEEMS TO FIT!!!!Hi guys! Welcome to this update! Yesterday i draw the small red H&S on the chart and looking around at others trader ideas, i saw that some of them had found a main Inverted H&S pattern. I draw it on my chart and i noticed some good things that fit with my idea. As you can see the right shoulder of the GREEN H&S seems to be approximately of the same dimension and timing of the head of the RED H&S. The correction that usually occurs after a breakout of an H&S, in this case of the GREEN H&S, can also fit with the formation of the right shoulder of my RED H&S pattern. Maybe there will something to correct in the next days but i think that the EMA200 has worked good like support and if the market will try to test it again it can hold. Now is important to wait and have a look at the EMA50 that has worked like resistance but it seems easy to break, and if it occurs probably we will see the completion of the head of the RED H&S and of the right shoulder of GREEN H&S. keep your eyes on what will happen!! things seem to be fine. We'll see you next time! Please let me know yours opinions of my work and correct me if I made some mistakes! PS: I am Italian, SORRY FOR MY ENGLISH, forgive my errors of writing. DSCLAIMER: This is my own idea and I'm a BEGINNER in TA and in trading. So DON'T TRADE following my opinions but make yours and play on that. I publish only to have fun an for sharing my ideas whit others who can improve it and help me grow in understanding the world of TA and Trading.
KRAKEN:LTCUSD
by TheStarMan
LTC: IT WILL HAPPEN !!?Hi guys! Looking at the LTC chart i have found or probably i dreamed an inverse H&S Pattern. But if we look at the others indicator, we can see that the MACD has crossed his signal and its moving up, at the head of the H&S pattern we have the EMA 200 that can be a strong support that was already testet for a couple of time and the volumes are congruent with the indicated pattern. I thought all this, because the 26th of february, will be also the relase of litepay service and usually in these cases, prices grow up pushed by enthusiastic investors and traders. Moreover the complation of the pattern, should coincide, more or less, with the trend inversion of BTC. Obviously all that i said, is just a guess, and i will not trade on this TA because is really too early to individuate an H&S pattern before the complete formation of the head. we'll see you next time! Please let me know yours opinions of my work and correct me if I made some mistakes! PS: I am Italian, SORRY FOR MY ENGLISH, forgive my errors of writing. DSCLAIMER: This is my own idea and I'm a BEGINNER in TA and in trading. So DON'T TRADE following my opinions but make yours and play on that. I publish only to have fun and for sharing my ideas whit others who can improve it and help me grow in understanding the world of TA and Trading.
KRAKEN:LTCUSD
by TheStarMan
BTC IS RISING !!! BUT WHEN? and HOW TO MAXIMIZE PROFITS?Hi guys! In the last days, some other bullish signal appeared on the BTC Chart's and we all hope that the bear market is near to leave. The real questions now are ! when we turn bullish ? and when we must buy to catch the best price? let's talk about ! we can see that in te last 2 days a smaller H&S pattern (in RED) has been formed, whit a right shoulder smaller than we expect, this means that the market is developing quickly and is begin to accelerate towards an inversion. However to confirm the breakout, we need to wait the formation of the right shoulder of the Inverse H&S pattern (in GREEN). In my opinion we will see that right shoulder forming quickly enough ( in the next 3 days), i draw the inverted H&S keeping proportion of the developing time between the two shoulder, but in this kind of market, how we saw in recent past, the rules have been broken several times and symmetry is like an unicorn. So, i think that while I'm writing, prices have already turned up, and reached the two EMA (50-200) that can works like resistances and cause a stop of the ascent, whit a pull back on the support below or lower till the target of the red H&S. At the moment i think that the support can hold quitly good due the smoll volume, but if the price fall below, we may expect a retracement to the red H&S target. Concluding, the rise is coming, but the real truth is that nobody can say for sure when it will happen. I think that the inversion will be confirmed only after the break whit high volume of the 13000$ resistance (0.5 FIB retracement) but if you want to maximize your profits you can try to buy (AT YOUR OWN RISK !!!) at 11000 (where the blue and yellow trendline are crossing) and set a stop loss not so far away to minimize the risk of a free fall. we'll see you next time! Please let me know yours opinions of my work and correct me if I made some mistakes! PS: I am Italian, SORRY FOR MY ENGLISH, forgive my errors of writing. DSCLAIMER: This is my own idea and I'm a BEGINNER in TA and in trading. So DON'T TRADE following my opinions but make yours and play on that. I publish only to have fun an for sharing my ideas whit others who can improve it and help me grow in understanding the world of TA and Trading.
BITFINEX:BTCUSD
by TheStarMan
Potential Short Play for AUDJPYThis currency pair is having an overly extended bull run at the moment. As we can see, RSI(14) is indicating an overbought reading. This currency previously managed to survive the 88.0 round number and manage to go even higher. But take a look at these aspects: 1. A strong rejection on the 89.10 territory. The same rejection happened on 20th and 27th of July, 23rd of October 2017, and if we pull a fibonacci retracement all the way from 21st September 2017 high down to 28th of November 2017 low, we can see the current price is hitting the 23.60% retracement. 2. If you switch the timeframe to 4H, you can clearly see there is a RSI(14) divergence observed in this currency pair. 3. AUDUSD is making a doji in the daily. This indicates that bull's exhaustion for OZ dollar and bear is potentially going to take over it (signalling that OZ dollar is started to get weaken).
Short
by nivelij01