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Horizon

I win THESE setups 80% of the time. (Short) (HORIZON)Another breakout pattern happening on the chart, amidst speculation about the Fed raising interest rates. The swing high we saw today, Is most likely at an end, New York just closed and price peaked at a resistance / supply level. Generally speaking, higher US interest rates mean "stronger" Dollar in Forex. When paired with the struggling Euro, it most likely indicates that a bearish trend is going to continue long term. That doesn't really matter as much in the grand scheme of this trade, because it's not unlikely that this fan pattern will end after price regresses back to the mean, the reason that I mention the fundamental aspects is that this might be a good long term short opportunity, given the current market conditions. AND upswing we saw today could be evidence of institutional traders taking advantage of this news to eliminate competitors and create even better short's for themselves. The long move today, on the back of this economic news, could be taken, in a way, as confirmation of the move to the downside long term. However, I never trade news on its own, so take that however you'd like. If you aren't familiar already, I've been developing an EURUSD specific algorithm called " Horizon " that's been performing consistently well on the 5 and 10 minute period. The higher resolution (lower time frame) helps the algorithm find high quality setups, but also reduces the trade history of this strategy. Every week new trades are added, and old trades are removed. On the 10 minute, the total trade history is just 3 months (40-50 trades). In that three months this strategy has averaged 140%-170% ROI, 58%-69% Win Rate, 3-4:1 RR, and 7-9% Max drawback, using 1.7% of equity per trade. Horizon has now completed 4 live trades to date, of which it won 3, and has taken around 80 pips net. Horizon has also entered a short position in confluence with the fundamental indicators I mentioned earlier. This is the 5th trade of the forward test of this algorithm, and I like this trade not just because the bot said so, but because I think the long term trend agrees, and the breakout pattern I keep posting about is also at play here. (see below)
Short
by NeoDaNomad
1
53 pip profit + Horizon wins yet again! + New Horizon tradeIf these ranges lasted forever, I wouldn't mind at all. I took 53 pips this morning long, this was something I posted 2 times about last night and this morning, so check those out for a more in depth look at the signals that lead to that move. It's really important in this market to be in before the move happens, you miss out on a lot of money, and your exposure almost triples when you chase the market. Remember that. Horizon took 76 pip profit today from last Friday. That's nearly 50 pips net, since the beginning of this range. It took a 60 pip loss after being up almost 80 pips on Thursday. It couldn't find a valid exit, which is annoying considering that this strategy could have produced over 140 pips in profit last week. Trust me I've played with trailing stops and static profit targets with this strategy and they just don't work nearly as well as just letting trades run and waiting for a strong exit signal. Trade number 3 was the worst loss Horizon has taken to date, I mentioned earlier that Horizon assesses stop losses on bar close and not in real time, so the strategy is exposed adversely to large break out candles like the one in the picture below. This is a risk that I'm willing to accept though because A. Horizon mitigates that risk using multiple confirmation protocols and B. the RR is 3-4 times the losses. This strategy is designed to take 30-50 pips on average, with occasional 100-200 pip trend. As things stand, Horizon's average loss is only about 20-30 pips. Plus Horizon's wining 6-7/10 at this point so it's all good! Plus I'm adding some logic this week that I'm hoping will boost performance even further. So far it's 2/3 and currently 30 pips up on it's 4th live trade. That said if I DID find a better alternative to this stop loss strategy, I would more than likely cut my max draw down in half. It's sitting at about 8-9 right now, which I would love to get down to about 5% using the same risk. Horizon's current exposure is 1.7% per trade because of the draw down rules that FTMO and other prop firms put in place. With my own capital, I could easily raise that to 2-3%, I don't really want to though (yes I do) Horizon , like I mentioned has pyramided a short trade which has been as high as 35 pips profit, so far, so this one's looking like a winner as well. Overall that's 150 pips taken between me and the machine in the last 4-5 days, so very happy, and I'm praying for even further success in the coming weeks. I'll link each post so you can audit my trades. I post these trades well before the moves actually happen.
Education
by NeoDaNomad
2
Bulls on the Horizon. HRZNGoals 17.9, 16.9, 16.2 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NASDAQ:HRZNLong
by Rykin_Capital
ZEN Price ExplosionAfter breaking through the resistance with force, we now have to see if there is some meat to this pump, or whether it was just a classical pump & dump. ZEN Definitely has the potential, so to know from a technical analysis point of view whether this pump is stable, I want to see some support at the $8 level where it previously found resistance. The next place where I'd like to see support is around the $9 level to understand whether the new price boost for ZEN is here to stay, or just there temporarily.
Long
by Trading-Guru
9
Investing in BTC according to an Event HorizonThis is just the harmonious curves resulting in the geometric averages between highs and lows of historical cycles. You should use this as a baseline to buy and sell BTC, depending on your event horizon (in time). This is more of a HODLer or LONGer investment plan than short, but it should provide a baseline to you. Also, I'm not a technical analyst, I just like geometry a lot, and I find it serves as a very good tool for prediction. These analysis I make mostly for myself, to see how they withstand (or not) the test of time. Consider this *not* financial advice. Peace; out.
BITSTAMP:BTCUSDLong
by Juanjo_LP
Bitcoin crossing multi-trend star event horizon into 2018It can be seen that a decision occurred on around january 28th 2018. This is a pivotal event horizon of all trend lines of the last 6 months. Now bitcoin price is moving past all measured trends lines which were established during the december rise. It seems major groups of traders (people, bots and Big Data A.I.) had their vision set on certain linear movements but this is proving to be an incomplete assessment due to human psychological tendencies of the types of people who are technologically more aware as compared to the mass of humanity. Such people are forming various new crypto-trading communities and have a profound advantage over the average and even advanced traders of traditional markets, so long as they remain outside of the popular data-mining schemes of business behind HCI. This is because their technological approach is a mirror of their psychology: decentralization, meaning shared insight in real-time over significant economic events. The price of bitcoin can indeed rise indefinately if all such trend lines are surpassed because the traditional established systems have lost control.
Long
by thrivingforest