El juego de Bitcoin ¿qué hacemos?No hay que perder la perspectiva a largo plazo. Bitcoin sigue en una zona baja, pero en lo que aun considero una zona de acumulación. Si ha venido comprando Bitcoin esta es una excelente zona para mantener un excelente promedio del valor de costo de sus compras ($3000-$4000).
En la gráfica adjunta, se puede ver como el precio promedio (lineas de average - MA's) a corto plazo se están alineado para confirmar el rompimiento de los pisos (soportes) ya mencionados en otros analices y que confirman el quiebre de la formación de "Banderilla" que atrapaba al precio en su tendencia descendente. Sin embargo, aun no podemos cantar victoria a largo plazo. Hay varias resistencias que Bitcoin tiene que probar y romper, ademas que su linea de average a largo plazo (color naranja) tiene que alinearse a las otras: mediano-largo (azul), mediano (verde) y corto (roja).
Ahora bien, por mientras Bitcoin se decide mover al precio de $4,000, hay que tener muy presente la zonas de resistencia presentes... estas deberían de ser nuestros Targets, siempre teniendo la paciencia que las zonas se deben confirmar con varias candelas y no solo una. En este momento, bitcoin está probando la zona de resistencia $3920-$3880 que previamente pronosticamos cuando hicimos nuestro análisis de Bitcoin, días atrás (ver: Análisis del 13 Feb 2019 -> )
A un corto plazo, este con el ojo encima de estas zonas y sabrá cuándo vender. Esperemos unas candelas más para ver los nuevos soportes de Bitcoin. Dicho análisis lo compartiremos con la Comunidad 3C Plus.
¿Quiere profundizar más en el análisis? ¿Desea conversar u obtener más ayuda? Comente aquí o mejor aún subscríbanse a la comunidad Privada “3C Plus”.
Envié un correo a crypto@3cservices.co
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Tradingstrategy
The SMA cross strategy In this educational idea I’ll cover the SMA cross strategy. I’ll will cover how it works, what my peripheral values are and how it can work for you.
The Simple moving averages cross strategy is a strategy where you buy something on a buy-signal of the indicator and sell it on a target, for example if you had 5% profit.
What is a moving average? A moving average is an indicator which helps you smooth out “noise” in a graph. The indicator is based on a formula you can find the formula below. You can add values to the indicator, let’s say you want a MA of 9 candles you just add a value of 9. You usually use more than one MA, I prefer using a 7 candle MA and a 25 candle MA. The thing I like on moving averages is that you can use them in any time frame.
What is a buy signal? A buy signal is created when the long moving averages (in my case the 25 candle MA) gets underneath the short one (in my case the 7 candle MA). When that happens a buy signal is created. When the opposite occurs it’s a sell order.
How to determine a target. Your goal is to make money, but how can you make as much money as possible with this strategy. You have to determine a goal, so an exit-position. Your exit-position is the hardest thing of this strategy, but you can use an average of what happened before. If the average of positive “breakouts” is for example 5% profit you can use 5% profit as target.
How to use a SMA strategy to make you money. Not all the SMA crosses will lead to profit, most of them are even false “breakouts”. So before you buy something on a buy-signal you have to wait a few seconds and watch what the price will do, when it goes up you buy, when it does nothing of goes down you do nothing. If you want to make money using this strategy you have to set a stop-loss, I recommend to always set a stop-loss not only for this strategy. You can keep your stop-loss really close to your buy order.
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Bitcoin & My Thought's For TodayWell, well, well, I see a bullish candle on the close of the last 24 hours for bitcoin. Just a very small sign that short term, the buyers are slowly winning. Now, this doesn't mean I am bullish, not even close, it's just another little observation of what I see represented on the chart. Enjoy
#Stellar #XLM): It's time to retrace at around 1600sat!XML had been increasing for a long time. Now, it's time for retracement at around 1600sat.
Pullback to 1800sat before drop possible. TA invalid if XML close above 1800sat daily and the price increasing will continue.
If you like my TA, please hit that "like" buttom, follow me or leave your comments, Thanks!
What Will Bitcoin Do Now?The crypto world let out a collective groan yesterday as bitcoin again headed south. The market was starting to look like it was building for a move higher then it didn't. There are some key levels I am watching before I am overly bullish or bearish. I share those with you in this video. Enjoy!
Bitcoin, Ethereum & The Top-10 Still Without DirectionOnce again a scan of the top-10 needs to be followed by a yawn. With times like these we must plan for the next move and get a clear plan for the possibilities that lie ahead. We could move higher, we could move lower, either way I will be ready. Right now my trading activity has been crossed with bitcoin. What are your plans?
Is Bitcoin Really Bearish?Crypto trading is tough when Bitcoin is sideways like it is right now, in my opinion. Patience is required, sitting on hands is frequent and a plan you may have today may be finished tomorrow so expectations need to alter. With that being said, this is the market that moves in multiples of insane. If you are like me and are ready for moves up or down you are well positioned for whatever comes.
Bitcoin: What Am I Waiting For?As last week ends another week begins which is the perfect time to give you my thoughts on bitcoin and what I am waiting for. I am still very much being careful here and waiting for the confirmation, I am certainly not bullish yet but there are some positive signs. What do you thinks, are we moving higher or lower?
ETHUSD 4 hour In The Cradle ZoneWith many in the top-10 divergent on the 4 hour time frame my focus is on ETHUSD. The candle still needs to close before we can go through the check list however I wanted to alert the community that this is something I am stalking for a short. Keep in mind daily time frame is over extended from the averages so manage your risk accordingly.
When to add to a trading set-up/plan and when to leave it alone.It can be a very daunting task to create a trading plan/strategy that fits you without conflict. There are a lot of obstacles that inhibit the average trader from leaving a profitable trading plan or strategy as it is. Even I struggle with this which is why I have decided to publish this article. After much reflection, I have come with a few metrics you can use to determine if you should change your trading plan or not.
Mental Capacity
Mental Capacity, to me, is perhaps the most important aspects of trading. It easily differentiates traders that are absolutely determined to become successful and traders that are bound to become scam traders and losers (no pun intended). Mental capacity resonates itself in a traders ability to deal with traumatic trading experienced such as drawdowns and losing trades. A lot of traders don’t understand that trading is a game of probability so you have to make a lot of money when you’re right and lose a little when you’re wrong. If you make 4X the money you lose, you’ll have to lose more than 80% of the time to not be profitable. Understanding and having mental capacity allows a trader the ability to ignore irrational phobia of thinking that their strategy is not working. If your trading plan/strategy fits you mentally then you should have the mental capacity to accept all the things that can happen to you trading wise. If not, then it’s time for you to change it. Trading is a mental game, always.
Objective
As much as I love the mental side of trading, I do have to admit that objectives are very important in trading as well. If you’re trading a strategy that is not fulfilling your objective (based on reasonable probabilities) then it’s time to switch components of your strategy. I hate to admit this as I am a big believer in having a “Mind like water.” When it comes to trading but if you have an ever burning passionate desire to make 4X what you risk and also to follow the trend then it’s not recommended to deny yourself of this desire as it will one day influence you to give in and break your trading plan. The solution to this, in my opinion, is to take your objective and create your plan/ strategy around it. For example, if I have a goal of making at least 100 pips per 25 pips that I risk then maybe I should trade on a higher time frame while using psychological support and resistance levels. The moral of this part of the article is to exemplify the fact that any undesired occurrence a traders mental capacity can’t handle can easily be resolved by having an objective ( not having a 30% DD) and a solution (maybe I should hedge my trades or buy options) that can help you acquire that objective. The solution in return will let you know that it’s time for you to change your strategy, but if it doesn’t resolve the objective then keep it as is.
Compatibility
I’m going to try to keep this part simple mostly because it’s somewhat related to the objective side of this article but at the same time is a very important part to keeping and tossing your trading plan. No matter how much money you are making in trading, if you aren’t compatible with your trading plan then it will all be in vain. It isn’t logical for a trader who loves waiting to be a scalper and vice versa because when this happens it makes the trader feel that they have to change instead of the trading strategy. It has to be the other way around! Trust me, I learned this the hard way because I always got jealous of high leveraged scalpers making 1k days while I was making 2% per month if I got lucky. When I tried copying them it forced me to change into timeframes/trading strategies that I was not compatible with. My advice to any trader struggling with this is to love yourself and you’re trading because it’s your decisions and perspective that determine profitability.
OANDA:EURUSD
The Bitcoin Range I am WatchingBitcoin remains in it's $300 range on the mid time frames. I am patiently waiting to see if we break down to offer an entry on the higher time frames over the coming days or we push up and may provide some shorter time frame opportunities. I also throw in at the end a chart I am stalking closely for a breakout.
How to find high probability trends on any currency pair.This is a very descriptive example on how a trader can find high probability trades that are very unlikely to reverse. The markets are full of fractals so this strategy should be good for any timeframe but I highly suggest you use these timeframes as follows. If you place trades using the 4hr, use the daily for trend (example on the chart). If you place trades using the daily time frame (recommended) use the weekly time frame for the trend by using the same exact method but on the open, high, low, and close, of the weekly charts. Please leave a lime and comment as this encourages me to create new content for you guys every Friday. Feel free to message me. FX:EURUSD
Three things Mark Douglas taught me. (Pt1)Psychology
Psychology, like anything in life, plays a big role on how humans function. It affects the way we think, act, talk, and so on but when it comes to trading it affects us, oddly enough, in only one way and that’s through our emotions. Any experienced (or shall I say inexperienced) trader knows and understands the waves of overwhelming emotions that resonates based off of a trade that’s a loser. These emotions range from sadness, depression, anger, and the list goes on. The reason for this, if I’m not mistaken, is because of the pure fact that the money we use to trade with is hard earned and even when it’s not it’s something that rightfully belongs to us. Human nature is something that’s extremely difficult to change because it's part of our genetic make-up that has allowed us to stay for so long by encouraging us to stay away from things that we don’t understand or that will hurt us. Trading psychology is definitely the hardest thing to master when it comes to trading because your psyche works against you when you're being hurt mentally (losing trades) and works for you when you're euphoric (winning trades). As if this couldn’t get any worse, a hurting mentality will tap you into a pool of past failures or misfortunes that have happened to you in life and convince you to think you're not any good as a trader and that your strategy is useless. This baffled me when I learned this from Mark Douglas because it wasn’t something that I realized. This fact is very important because it means you and only you alone are able to break this cycle of assuming a bad trade means a bad setup. A losing trade has absolutely no correlation to you as a person so you shouldn’t assume that you're the reason why you have a losing trade. According to Mark Douglas, it only takes one person around the world to negate your edge. This basically means that when you're buying, someone around the world is selling. When there are more bears (sellers) than buyers (bulls) you're long trade is no longer able to be profitable and stops you out depending on your risk. The markets are full of newcomers and unprofitable traders that agree on the wrong thing together and thus makes the impossible or improbable possible. This gets even more tricky because it makes you, the person on the other side of the trade, feel unsuccessful. This is not true! A losing trade does not represent a bad setup but because our phycology wants to protect us from losing money (what hurts us) it tricks us into thinking that we are unsuccessful as traders. The solution to this is to simply accept the risk of the trade by trading a strategy or setup that is profitable through backtesting. Mr Douglas implored that back testing should be done through 20 trade sample size to give accurate results. When I first started trading back in late 2016 I would always hear profitable traders talk about trading psychology and not trading strategies. I never knew why until I tool Mark Douglas’ principals into consideration and for that I am grateful.
(see pt2)