Steven678

Steven678

This is my proprietary indicator I created. As always Red is selling, green is buying. Notice that over the last months up swing while buying outpaced selling, it was not by much, Smart Money is moving the price higher while selling in to it. Resulting in an upswing to psych people in to staying bullish while they sell. The current downtrend, is more normal for...

Steven678

The max price of Bitcoin a year from now is about 136,000 USD. Bitcoin can only sustain a rate of increase at approximately 173 USD a day, more than that and it will pullback to balance to that rate of increase at the most.

Steven678

A bit counterintuitive. I first was thinking that the Big player (smart money) were the driver in the market. But think about it, they can do nothing without some fool to trade with them. It is dumb money that controls the market. I created my own indicator to ID smart and dumb money movement. Smart money waits for dumb money to start selling, and they start...

Steven678

How about an indicator that shows the days from the last data point of a statistical chart, such as PMI or any government state, to the current date. Showing the lag before the release of data. Just seems to me that in these difficult days that government may be fudging the numbers. Also holding back on the release of stats for public consumption. Maybe they...

Steven678

Imagine, you run a strategy and you are looking at the equity chart to see over time how and when it was profitable. It is a timeline showing your equity if you had been trading. Now imagine that the equity chart has cross hairs just like the price chart, and in this case, your cross hairs on the equity chart match the same time as the cross hairs on the price...