WinkleTrades

WinkleTrades Updated 

It's been a while since I've posted anything here. I mostly don't hang out on tradingview anymore, but still check in every now and again. Anyway, if you're reading this, you're probably familiar with my old limit order breakout-retest strategy, where you're pricing the market on breakouts and collecting profits on retests. I've updated this for reliability, but...

WinkleTrades

The 2-period RSI is really erratic and produces a lot of signals. A lot of the signals are good, but if you're trading with one singular position, you might run into trouble pretty frequently. So, I have something for you to try. On *any* of these candles that close with the RSI above 90% or below 10%, you'll place a trade. But it won't be a big trade. You want...

WinkleTrades

So if you haven't read my other writeups first, you probably should. Non-speculative limit orders are the basis for this trading style. Now, the idea behind this system is simple. You're using a script, EA or bot to create dozens of limit orders very quickly, with predetermined stop losses and take profits, to capture swings against active trends. See a...

WinkleTrades Updated 

So I like to trade without speculation, but if I do decide trade *with* speculation, then this is a way that I like to do it. This is my version of the Turtle trading strategy. I really don't know or care what their specifics are, because I just don't have the patience for anyone who unironically trades daily timeframes. My version of this strategy is all about...

WinkleTrades Updated 

Just like this. Buy and sell limits above and below structure, as in the most recent highs/lows, with your TP in general being a return to structure. Brutally easy way to scalp and make money. Few more examples... This one shows where the stop loss might be. In general, I go with a 2/3 or 3/4 type rule, where I'll have a wide cluster of limits, then a...

WinkleTrades Updated 

I'm going to show you one of the simplest, and most effective ways to trade. Period. Just about every other type of trading is speculation; this is not. This is making money regardless of where the market goes, and you don't even have to have a clue as to what the market is going to do next. I repeat: you do not need to know where the market is going to make...

WinkleTrades

So lately I've been using an Envelope indicator, and nothing else. I have it set to a 3-period smoothed MA on MT5, which is basically the same thing as 6 exponential on TradingView. From there, for every pair, I fine-tune the envelope's deviation range to create a very specific situation. 1) You want consolidation candles to generally close inside of the...

WinkleTrades

I think the bear market is just about over. I could be wrong, of course, but I like what I see.

WinkleTrades

BTC's trend was broken a while ago, and it's steadily going down. Syscoin is doing it's best to resist the downtrend though, as can be seen by the price divergence. My prediction is that we'll likely see a run towards $1.20 to $1.50 on this one within a few months, once BTC is done having a tantrum.