Setup Video for New Version of Bad Ass B-BandsHi Everyone! Give me about 10 to 15 minutes after posting this setup video to actually update the script; which will include this setup video in the description of the script.
Thank you for your attention to detail, Josue. He has been a HUGE help with improving Bad Ass B-Bands. This update will show percentage for price in-crease and percentage for price de-crease.
The first number will begin with an UP arrow; indicating price percentage INCREASE if price is going UP.
The second number will begin with a DOWN arrow; indicating price percentage DECREASE if price is going DOWN.
Happy Trading and Stay Awesome!
David
Wave Analysis
How To Analyze Any Chart From Scratch - Episode 3Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on SILVER, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous two episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
How To Analyze Any Chart From Scratch - Episode 2Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on XRP, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
What to Consider When Opening a Position After I Post an IdeaHi Everyone! I have posted this before in a video in the past. I've had a lot of new followers lately. So, thought this would be a good time to REMIND older followers while introducing Phoenix Ascending and Bad Ass B-Bands indicators to new followers.
This is worth your valuable time!
Stay Awesome!
David
How To Analyze Any Chart From Scratch - Episode 1Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on USDCHF, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Setup Video for Phoenix Ascending and New Bad Ass B BandsThank you, Josue for the update to Bad Ass B-Bands. The main purpose for the update to Bad Ass B-Bands is to let us know the percentage spread between the White Upper and White Lower B-Bands for the purpose of assisting with measuring risk to reward when using the Short Term Group for High Time Frame Scalping. My general rule is the reward not worth the risk if less than 4 percent between the white upper and white lower B-Bands for High Time Frame Scalping.
In case you're wondering, Low Time Frame Scalping uses primarily the Immediate Group of time Frames.
Stay Awesome!
David
S&P 500 A study of Market Cycles: Will History Repeat Itself?This video is a study of the history of The stock market when it comes to bull cycles and consolidation/ranging periods, which I think is a very educational thing to investigate in a period of market correction like the one we are currently living in. Please also refer to the Important Risk Notice.
Another Update to Phoenix Ascending Indicator: SETUP VideoHi Everyone! I have changed the "default colors" for Phoenix Ascending and added Level 120 (purple upper) and Level -20 (purple lower). I prefer to "un-check" level 120 and level -20 and only show them when I actually need them. Otherwise, your indicator can be too scrunched up. I will post the updated version of Phoenix Ascending Shortly.
Happy Trading and Stay Awesome!
David
Classic Example of Over Extending; Meaning TRAPHi Everyone! I've said this before and I wanted to say it again. If I point out the "Potential" for the price action to do this or that, please be SURE to go to your Immediate Group of time frames to make sure the Red RSI and Blue LSMA are lined up and ready to do as I suggested in my "opinion" BEFORE executing a trade based off my "opinion." This publication shows WHY you should do this regardless of who's "opinion" you get. Whether it be my opinion or anyone else's "opinion."
Happy Trading and Stay Awesome!
David
Physics and mathematics and its relationship with this marketbutterfly Effect=Chaos Theory=Fractal
Butterfly effect is the name of a phenomenon that occurs due to the sensitivity of turbulent systems to the initial conditions.
Butterfly effect means that a slight change in the initial conditions can lead to far-reaching and unpredictable results in the system.
So what does this have to do with this market?
For example, the company related to these cryptocurrencies did not do anything positive during this period, which caused the currency cryptocurrency to rise sharply. Rather, the past work of this company during this period showed its effect.
This video is just to show how the motion of the waves is related to the laws of mathematics and physics. It also shows that the motion of the waves (price) is not random and is related to different elements.
Therefore, the future can be predicted in certain ways. Of course, technically. The old patterns and techniques are quite practical for this market, but they need to be updated.
NOTE: I emphasize again that this video is just to show a broader view to the cryptocurrency market
GOOD LUCK
UPDATE Made to Phoenix Ascending Indicator; See SetupHi Everyone! I added more "levels" and color coordinated those levels with the Bad Ass B-Bands. Simply letting you know you may have to refresh your browser window in order to incorporate the new update to your charts.
Happy Trading and Stay Awesome!
David
Analysis way - Buyers Vs Sellers ShiftsAnalyzing buyers vs sellers .
Very simple way of analyzing and trading supply demand in its purest form.
Identify where buyers has stepped in and showed interest in price and where is potential that they can step in again.
Identify where sellerss has stepped in and showed interest in price and where is potential that they can step in again.
Drop timeframe lower and -
1. see that for example Buyers are defending that level. and there is interest of buying.
2. identify shift of buyers vs sellers. see that the buyers have won battle against the sellers.
Price target: In uptrend price keeps breaking highs consistently. Once this stops and market keeps breaking lows trend changes. This highs and lows act as price target that If trend would continue price should hit and break higher.
Shifts: Shift where buyers won the battle against sellers and via versa.
Are You a Swing Trader or Investor? You Need to Watch ThisHi Everyone! This video is not necessarily regarding crypto investing. This video is EDUCATIONAL for ALL TYPES of asset classes. Meaning, this also goes for the FOREX trader, Tech Stock Trader, Industrial Stock Trader, Commodities Trader, FUTURES Trader, INDEX Trader, etc... This WILL be "worth" your VALUABLE TIME... Trust me...
Happy Trading and Stay Awesome!
David