REVIEW BITCOIN H1 TRADE PLAN PROFIT IDEA 21 - 24 MayHi,
As you can see the chart.
I give you more review for my strategy in Bitcoin. in this chart you will see 3 trades are win.
I won't focus on win or lose, I will teach you how I can make money day by day
With each trade, you can see the big bar close cross over Kijun and Tenkan . Look the Volume you see the factor higher SMA 50 Volume . So what is it mean ? LOL in this chart I can not say more.
>> LET CLICK LIKE & FOLLOW TRADE PLAN PROFIT
With each trade I will bet 2% capital, I don't care about pips, I only focus RISK PER TRADE
First 2 trades, I can make + 1.6 %. but last one I make + 6.88 %. Sometimes, I lose more than win, but when I lose I only lost max 2 % per trade and win will make XXX Big TIMES
Thanks.
Tutorial
Trends. Correction of trends. Sure reversals and deception.Read and watch carefully. Learn to think. Opportunities do not turn into a manic-depressive syndrome due to your greed, misunderstanding of work and processes, both local and global.
Shown in the graph for comparison. Today's situation is 19 05 21 ("Creativity 19") versus 13 03 21 ("Creativity 13") a similar situation in the past.
Your intelligence in the right direction can make you rich if you think for yourself and control your emotions.
1) "Deceptions" in the growing trend of 2017.
Playing with the psychology of desires and expectations. Simple psychology.
March 2017
july 2017
september 2017
I would like to draw attention to how the expectation and disappointment of the main market participants are used here for "driving a round dance of greed".
2) "Faith that cannot be killed". Situation after the peak of 2020.
17-12-17 "Revolution".
17 12 2019
06 03 2020
3) Dump. Important decision. Manipulation before a scheduled dump. Overdid it ....
14 11 2018
16 12 2018
An "unexpected mess" with .... the main trend. Slow, subtle fix.
4) Dump before BTC halving
13 03 2020
16 03 2020
Start 2 under the stage "Crown" (CrownCode6)
Closing sectors (13/3/22) Using the situation
In such a situation, TA and fortune-telling (inferences due to the data of the old chart history + news background) do not matter. It is simply the desire of a very small group of players at work.
How to counter and use it? Always have your own plan for different outcomes of trading situations, more likely and less. Understand what risk management is and use it in practice. Always protect your profits (the greed of the majority of those who give away does not allow this, it is used). Rise / fall. Your trading system should work in different directions.
Understand the "mood of the crowd", not be among them. No emotion. Cold calculation.
Projection of the above on cash earnings:
1) If you are correct the amount grows in astronomical progression. Gives new potential "For other things"
2) If you are wrong, it does not decrease significantly. Provides new potential "for development in this speculative hobby."
5) Dump before BTC halving.
The trading situation is large scale.
13 03 2020
16 03 2020
"The girl did her best" .....
6) Situation 19 05 21. The first "sabotage".
19 05 2021
2021
7) This situation is on a larger scale.
19 05 2021
2021
For those who know how to think
8) " Green Swan" . 4-6 06 2021
9) COP26. 1 11 2021 - 12 11 2021
First SHAH, then MAT.
REVIEW GBPUSD H1 TRADE PLAN PROFIT 17 - 21 MaHi,
I review trades in last week,
As you can see, I trade 5 trades
I win 2 trade with +12.6%, +3.6%, +0% and lose 1 trade with -2%. So I have +14.2% and one trade does close yet.
My Rule:
1. Open Trade: Pin bar , Engulfing bar, Big bar close below/above Kijun with Volume higher SMA 50
2. Close Trade: Price close near Tenkan with high Volume
3. Money Management: Risk -2% per trade
Click Like and Follow Trade Plan Prfoit
REVIEW EURUSD H1 TRADE PLAN PROFIT 17 - 21 MayHi,
I review trades in last week,
As you can see, I trade 3 trades
I win 2 trade with +11.6%, +5.8% and lose 1 trade with -2%. So I have +15.4% and one trade does close yet.
My Rule:
1. Open Trade: Pin bar , Engulfing bar, Big bar close below/above Kijun with Volume higher SMA 50
2. Close Trade: Price close near Tenkan with high Volume
3. Money Management: Risk -2% per trade
Click Like and Follow Trade Plan Prfoit
REVIEW AUDUSD H1 TRADE PLAN PROFIT 17 - 21 MayHi,
I review trades in last week,
As you can see, I trade 5 trades
I use Price Action combine with Kijun/Tenkan and SMA 50 Volume
I win 2 trade with +5.4%, +4.8% and lose 2 trade with -2%, -2%. So I have +6.2% and one trade does close yet.
My Rule:
1. Open Trade: Pin bar, Engulfing bar, Big bar close below/above Kijun with Volume higher SMA 50
2. Close Trade: Price close near Tenkan with high Volume
Click Like and Follow Trade Plan Prfoit
XRP/USD Trend. Triangle 202% 9X True/False.The trend is pretty strong. In this upward trend, an almost perfect symmetrical triangle has formed. Notice how ugly the triangle was drawn at the beginning of the trend. Consider why this is so. 316, triangle with base 200%. Rational entry if you are a breakout or pullback trader after breaking the resistance of this triangle. If there is a strong pullback (unlikely), then from the uptrend line.
A complete development of this formation (triangle) will lead to a breakdown of the resistance of historical highs (yellow level). Perhaps he will achieve his "name".
A rollback, if possible, to the uptrend line (optional), which is not critical, but, on the contrary, a rebound from it will give even more confidence to buyers and holders in the right choice and that historical highs will be overcome. ...
After the pumping of illiquid crypto garbage and several top liquid turtles BTC ETH LTC (BNB is an exception) in the near future, it is very likely that the turn will come before the pumping of liquid cryptocurrencies which "swing like illiquid assets" - using the "stick" method. In the "greenest month for green events", two of them are likely to be pumped up with a "stick by the method of the electronic god EGOD".
I believe in "official, professional" liars.
True lie, I want to be like everyone else, blind, I don't want to stand out from the crowd
Remember when they launched the market (the entire cryptocurrency market), when they "raised XRP from their knees" after the effect of an outright false fairy tale of a terrible SEC. At an XRP price of $ 0.24 -0.26, you were almost "shouted" in the open:
"Buy and regardless of any actions with the price on the chart - do not sell if you are not a trader! Send to your wallet and forget"
Did you listen to this ???? They even told you the day openly when the pumping will start. Did you believe ??? I'm sure not.
Greed is evil.
Now 4.4 months have passed. The price is now $ 1.55, it was almost $ 2 That's 9X! Is this comparable to the bitcoin profit over this period? This is not enough for you ??? They give you money, why don't you take it? Maybe because at the moment of not understanding the work you want even more ?? Remember, everyone who is never enough will be reset in the moment.
Greed and non-gratitude must be suppressed so that everyone appreciates what was and what is left. It is only when a person loses everything that he begins to appreciate past comforts and opportunities that he has not used before. This is the only way to turn on the brain of fools.
Another question. Faith in liars.
Why the hell are you reading crazy FUD news in a couple of lines for the real fools in the cryptocurrency market ?? In the end, this is just an outright lie. Their task is to deceive you and send you on the "wrong trail". It is important for them that you become easily manipulated fools.
Why do you support and disseminate this? Why do you take fantasies and manipulative "news in three lines" (so as not to scare the text) as the truth?
Such content creators are the culprits of your misunderstanding of the market and, as a result, the zeroing of your deposit. Can't you figure it out from the rudimentary history of their "news" and price charts?
Their task is only one - to mislead YOU and THAT YOU LOST MONEY on the MARKET !!!
You are walking on a paradox.
When you are sweetly deceived by the "official news channels" with beautiful pictures (absolutely all lies and "water") - YOU BELIEVE.
When you are openly told the truth and confirmed by real actions - DO NOT BELIEVE.
MAY BE ALL THE PROBLEM IN YOURSELF ????
UP or down?? Wait and see 😎triangle made out of a solid support, but we can see that its resistance was broken once just a little bit but the support has never been broken yet. its not a great hope but its something, keep watching the news to see everyything is ok with SHIB so it doesnt make a sudden move before you know it.
or just activate the MA in Volume, so if its volume breaks the MA line you notice the direction change.
(keep changing timeline to be sure)
PitchFork shows an up trend so it makes more sense to be hopeful and hold 😉
Useful FOREX TRADING STRATEGY FOREX TRADING STRATEGY with 20MA & chandelier Stop by TIZ
The BWAB Trading Strategy (LONG SETUP)
- Market is in a range (80 candles or more)
- The price approach the highs of Resistance and forms a tight consolidation (buildup)
- The 20 MA touches the low of the buildup
- Place a buy stop order above the highs with 3 ATR trailing stop loss ( chandelier Stop )
The BWAB Trading Strategy (SHORT SETUP)
- Market is in a range (80 candles or more)
- The price approach the lows of support and forms a tight consolidation (buildup)
- The 20 MA touches the highs of the buildup
- Place a buy stop order below the lows with 3 ATR trailing stop loss ( chandelier Stop )
The BWAB Trading Strategy (SHORT SETUP)
Chandelier Stop settings = Trailing stop loss
Look Back perio = 1
ATR Period = 22
ATR Multiplier = 3
The chandelier stop offers a logical possibility to set the stop loss. The sl is very tight.
Mastering Elliott Wave AnalysisHi, traders!
Today we gonna speak about Elliott wave principles. The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves , or simply waves. Elliott published his theory of market behavior in the book The Wave Principle in 1938, summarized it in a series of articles in Financial World magazine in 1939, and covered it most comprehensively in his final major work, Nature's Laws: The Secret of the Universe in 1946. Elliott stated that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable." The empirical validity of the Elliott wave principle remains the subject of debate.
Learn to Read Chart (MACD & XRP)✅ The MACD line is the 12-day Exponential Moving Average (EMA) less the 26-day EMA. Closing prices are used for these moving averages. A 9-day EMA of the MACD line is plotted with the indicator to act as a signal line and identify turns. The MACD Histogram (Below the chart) represents the difference between MACD and its 9-day EMA, the signal line. The histogram is positive when the MACD line is above its signal line and negative when the MACD line is below its signal line.
✅ MACD's formula:
MACD = 12-Period EMA − 26-Period EMA
✅ MACD is often displayed with a histogram which graphs the distance between the MACD and its signal line. If the MACD is above the signal line, the histogram will be above the MACD’s baseline. If the MACD is below its signal line, the histogram will be below the MACD’s baseline. Traders use the MACD’s histogram to identify when bullish or bearish momentum is high.
✅ The box below the chart has 2 lines which alert traders when a crossover happens:
Crossovers are more reliable when they conform to the prevailing trend. If the MACD crosses above its signal line following a brief correction within a longer-term uptrend, it qualifies as bullish confirmation.
If the MACD crosses below its signal line following a brief move higher within a longer-term downtrend, traders would consider that a bearish confirmation.
✅ TradingView lets you use the MACD for fast and easy forecasting. You can find it in Indicators & Strategies (f(x)) above your chart.
ONE OF THE MOST USED BEARISH PATTERNS: DESCENDING SCALLOPOne of The Most Used Bearish Patterns: Descending Scallop
· The descending scallop is a bearish reversal pattern.
· Descending scallops are common topping chart patterns.
· This is a downward trending char pattern.
· You can support me with your likes.
· Also you can share your opinion with me in comments.
· Attention: this isn't financial advice we are just trying to help people on their own vision.
·Have a good day!
BZRX Break the Flag PatternBZRX has been a long sideway after the bearish trend. I see a price that has been break the flag pattern and resistance, and most likely the price to go up. There is 2 purple area box that I draw above. The first box below it has touched the harmonic price, and the next will be the correction that I draw in the chart then after the correction was done. If it rises and breaks the resistance, it will most likely go up to the price of the second box area (0.000025xx-0.000026xx). if not, wait until the red line support hit
Candlestick education - rest off between bull-runsHey guys,
as we all know a chart/price doesn't always go up between a rest in between, but how can we understand its correction based on the candlesticks?
📍 right after a bull run we may see a red candle with huge wicks usually we panic after seeing those candles
⚠️ don't worry guys! If a red candle closes at the bottom of half of the previous green candle it's reasonable to worry because it shows less interest of the bulls🐃
📍 however, if the red candle shows us a huge wick at both ends it means that many took the advantage and bought the dip
Do you enjoy my tutorial?
Ask me if you have any question and/ or problems
HOW TO DETECT TARGET ZONES?EURUSD (Forex):
In the chart you can see my trading setup. The middle dotted trend line and the red zone act as resistance. Currently the price is rejected.
First of all, this offers us a short opportunity.
How can you find target zones? ❗️
To find target zones, I usually use distinctive highs and lows. In this case the green support zone. The first profits should then be realized in this zone.
I also use the fibonacci tool to display possible zones in which I can sell. In particular, I pay attention to the 0.5 retracement in combination with the 0.618 retracement. In the chart you can clearly see that these zones roughly correspond to my own drawn zones.
How to Take Advantage of Both Market Directions?Today we will talk about a very common situation that occurs in the vast majority of traders (if not all), especially when we have just started to get into this bussiness.
There is a consistent struggle between convictions, ego, and market views or analysis. This generates that we try to see in our analysis what we want to happen, or what we need to happen, and ultimately this the only thing that generates are psychological issues on the trader.
The best way to remain calm and be able to trade in a cold and consistent way is to plan in advance all the situations that may occur in the scenario we are analyzing, and how we would act in front of them. In this way, we do not allow ambiguities and we will only take positions if what we are waiting for happens. And, covering both directions, we will not feel that we are missing something if the movement is the opposite of what we expect (as it would happen in case of analyzing only in one direction).
In this case we will analyze AUD/JPY to show you how we carry out this analysis:
🔸First, we are going to detail our vision of the daily graph that is the one shown in the publication.
🔸As we can see, the price is in a clear uptrend, and when faced with the Resistance zone it began to consolidate for several weeks.
🔸From there, we didn't see a clear direction. When we detect that there is no type of trend or clear behavior, we stay out of the market and wait for an opportunity to happen where we can establish a clear horizon.
🔸What we propose to trade this pair is that there is a brekaout. It can be in a bullish or bearish direction. In case of being bullish, it must be from the Resistance zone and in case it is bearish it must be from the trend line.
🔸We are going to decrease the timeframe to show exactly what we expect:
🔸In this image we see the 4H chart.
🔸Basically what we detail is that we expect a break and then a retest / corrective structure. This is because it is a security add-on to avoid potential fakeouts (the trade can fail anyway, of course).
🔸Once we see the retest, we will have a new swing or structure to be able to position our entry and stop loss safely, with a favorable risk-benefit ratio.
🔸The targets are: Resistance zone in case of bullish breakout, and Support zone in case of bullish breakout.
Support & Resistance Basics (Tutorial)Support & Resistance basics (Tutorial)
Important facts about support and resistance:
- In terms of support, the demand for an asset is particularly high
- In terms of resistance, the supply for an asset is particularly high
- The price can be seen as expensive or cheap
- Many traders want to buy or sell there because the price is attractive
- SUPPORT & RESISTANCE = ZONES:
Technical analysis is not an exact science. Therefore it makes sense to mark support and resistance areas in ZONES.
WHAT IS A RESISTANCE?
Resistance is the level at which prices are believed to be strong enough to prevent prices from rising further.
The resistance doesn't always hold up; a break above the resistance signals that the bulls have triumphed over the bears.
WHAT IS SUPPORT?
Support is the price level at which it is believed that demand is strong enough to prevent prices from falling further.
Support does not always hold and a break below support signals that the bears have triumphed over the bulls.
METHODS TO MARK SUPPORT AND RESISTANCE:
Support and resistance share enough common characteristics to be effectively mirror images of one another.
Highs and lows:
Support can be made with the previous reaction lows, while resistance can be made with the previous reaction highs.
Another phenomenon:
-> Support becomes resistance (and vice versa too)
As soon as the course breaks below a support level, this can be viewed as a new resistance. A break in the support zone signals that the sellers are more present.
How to use FIBONACCI TOOL1. Find a suitable trend / swing
You can basically find trends in every chart. The fibonacci tool achieves the best results with strong trend movements. So look for strong impulses!
2. Detect the start and the end of the trend
The Fibonacci can be used variably. In my experience, the longer swings work better.
3. Drag the fibonacci tool from the start to the end point
Select the Fibonacci tool (shortcut ALT + F). Drag the tool from the start point to the end point. You can change and adapt the tool at any time.
4. Detect the most important levels
0.236 Retracement:
- Suitable for high momentum trades. The trend should show high volume.
0.5 Retracement:
- The most important and effective retracement. It shows the average movement and many traders buy at half the price.
0.618 Retracement:
- Very effective in conjunction with the 0.5 retracement. The zone between the retracements is very often a support.
5. Use the levels to trade pullbacks
The retracements are generally not a 100% probability of a successful trade. The interaction with other indicators and technical aspects is key.
EURUSD SHORT!!!!!What tells us about the upcoming reversal?
- Peaking RSI and decreasing in momentum
- Demand zone
- 0,618 Fibonacci
What do we need in order to trade short?
- Reversal candlestick pattern
- Closure under demand-zone
Remember to put stop loss above demand zone and have a nicely done RR and analysis for yourself :)
Death Cross Chart Pattern - GoldA death cross occurs when the 50-day moving average crosses below the 200-day moving average.
In addition we can observe the weekly EMA ribbon directly on support:
Occasionally this is a setup, but if price falls below the ema ribbon that is considered very bearish - particularly on a weekly time frame.
Additional Clarity offered on the death cross here:
This death cross indicates, according to technical analysis, that the short term trend (50day) has fallen under the long term trend (200day).
Treasury Yields are indicating the dollar may rise higher, and as those of us who have been observing the increase in the US Dollar see - a bullish DXY is a bearish signal typically for gold.
The 10Y hit its highest level today since Feb of 2020 (which was pre-covid mania)
This is because owning bonds offering a yield is preferable vs a commodity that does not offer yield. The Yield in Treasuries is direct competition with gold - along now with the new powerhouse on the block Bitcoin.
Keep in mind as well that an ounce of gold now costs .03~ bitcoin! Chart will be provided below.
It is also worth stating that Bitcoins market cap is now $975.2B. If we exceed $1.5T Bitcoins market cap will have surpassed silver which one could then assume the next runup will be targeting superseding Golds dominance.
The other issue gold has to contend with is optimism from the broader market that as the nation opens back up, and consumers flush with cash we may see, and hopefully so, a broad economic recovery. The irony, and a strength for gold though is that the formula for inflation is M2*V=inflation. We all know that M2 has gone significantly higher, unprecedently higher. Velocity has been more than muted, it has been crushed. I would argue (and may get some counterpoints shooting me down, and I welcome the debate) that as the nation opens back up, we will see an increase in spending and activity and dare I say traveling and vacationing, home improvements, acquisitions of new homes to take advantage of low rates - which will heat up the economy & increase velocity. If velocity increases enough we could see a nice pop in inflation - not calling for hyper inflation, but even a conservative pop could work wonders for gold.
Keep in mind that retail sales increased 5.3% in January which is indicative that those stimulus checks are indeed being put to work. www.marketwatch.com
Pivot Points for Gold Targets:
There is a lot to weigh out when one considers longing gold, but for now gold appears to be in a position where the gold bears have taken over, and the gold bugs are fighting for support.
If you enjoy this chart please be sure to like it! If you see things differently I respect your opinion and would love to learn from it! Please be sure to comment and tell me why I may be wrong.
And as always friends I wish you nothing but good fortunes and great success!
How to Color Grade your Charts & IndicatorsHello everyone, in this video we are going to talk about the possibilities to personalize your charts and therefore improve your own strategy (emotionally) and the attractiveness for other traders. Feel free to check out the previous two videos where were talking about trends, candlestick- and chart-patterns.
Cheers,
Ares
Basic understanding of Candlestick- and Chart-Patterns
How to scale your charts & use the right timeframe