gregoirejohnb

16:13

gregoirejohnb Updated 

In this video I show you how to set up an EMA Crossover system as proscribed by Market Wizard Ed Seykota: -How to find what EMA lengths to use -How to reduce whipsaws -How to read the strategy results -What type of risk to use and how to limit drawdown -How to deal with higher fees -How to set up the alerts when you find a good EMA length...

gregoirejohnb Updated 

1) A violent drop of 25% in a single day... 2) ...had absolutely zero follow-through and ETHUSD went back into a range. 3) The trading range expanded to the upside sooner than anticipated, and we're back into a bull trend! ETH is so much stronger than BTC right now, as you can see from the ETHBTC chart. Thus, we want to get into ETH sooner than BTC as we think...

gregoirejohnb Updated 

1) BTC dumped huge from all time highs 2) Then went into a trading range where it tested the lows, but refused to dump further. Notice the contracted channel. 3) Range expansion to the upside puts us back on an uptrend! BTC looks weaker than ETH here as I point out in the related ideas where I'm already long ETH, but it's still good to have exposure to BTC as the...

gregoirejohnb Updated 

1) Trend changed back to up 2) ETHUSDT made all time highs! Congrats! 3) ...and then it gave back these gains almost immediately as we have range expansion downward. With BTC in a sustained slump (sideways, drifting downward), it's pulling the crypto market with it. It looks like the market in general is cooling off after an incredible few months. The stats for...

gregoirejohnb Updated 

1) The first real pullback after the huge run up. 2) ETH went into a range as did most of the crypto market to cool off after BTC kept climbing to new highs. 3) Range expansion to the upside! ETH is on the move again. We're not predicting, we're following the market, and the market wants new highs. I'm choosing ETH over BTC as ETHBTC is positive, so we can...

gregoirejohnb Updated 

1) Decent trending phase to new all-time highs 2) BTC went into a range to cool off a little. Would it resume it's incredible run? 3) No! The range expanded to the downside and BTC looks to at least retrace a little. The below stats are from 2020 to present and use 100% equity. If that's not your risk profile, no problem, the win rate and profit per trade still...

gregoirejohnb

1) The last impulsive move was in early December on a run-up to all time highs 2) A normal test of the lows provided a good bounce 3) Price tried to trend, but the holidays are typically low volatility so it went back into trading range 4) A sharp drop changed the trend downward, but there wasn't any followthrough 5) Range expansion to the upside means we're...

gregoirejohnb Updated 

1) BTC made all time highs on a strong run up, so some sideways movement was to be expected. 2) However, there were over $2 billion in USD liquidations on this drop! The downside was softer than expected. 3) BTC went into a range, which is normal, but didn't even retest the lows. The bull market looks ridiculously strong. 4) Range expansion to the upside means the...

gregoirejohnb

1) Solid run up in the beginning of December. Q4 is historically bullish while Q1 is historically bearish. 2) Tested the lows, nothing big. Good rebound. 3) Once is chance, twice is a pattern. There's another retest on high volume, but again a good a bounce. 4) No new highs. It's difficult to tell if it was just low holiday volatility or something else. 5) And now...

gregoirejohnb Updated 

The previous two signals for this trade gave 14% and 11% moves (check related idea links). Will this move match or exceed those on the way to all time highs? 2020 stats for this trade signal: 35 trades 45% win rate 3.4 profit factor 5 day average holding time Entry: 27K - 27.8K Stop: $1200 below entry Target: let it ride until the trend changes. I'm actually...

gregoirejohnb Updated 

1) Run up to all time highs 2) Then BTC went into a trading range / consolidation 3) There was a soft spot in a trading range (Wyckoff would say "fall through the ice") that changed the trend down 4) But price refused to drop too much. Altcoins like ETH and XRP got crushed in this drop, but BTC held 5) Range expansion to the upside turns the trend up again. Could...

gregoirejohnb Updated 

1) Great climb into all-time highs! We caught this 24% move as seen below in the link "BTC and the weekend pump" 2) Price consolidated into a trading range 3) Retests of the highs went nowhere 4) Softness in the lows signals some more downside. I'm already short in ETHUSDT and caught a 5% move, check "ETHUSDT short" Target: open Entry: 22.8K - 23.4K Stop: $950...

gregoirejohnb Updated 

1) Great run up as BTC made new all time highs and pulled the rest of the crypto space along. 2) Sharp counter-trend moves like these usually signal the trending phase is over. Notice how the price bars go from orderly to sloppy in both directions. 3) A trading range starts up again. Volume decreases in a trading range: you can see the bars becoming more...

gregoirejohnb Updated 

ETH is looking bullish here! 1) The trend flipped back up 2) Price went sideways in a trading range for a few days to consolidate the move up and see if it wanted to dump again 3) Price never even touched the bottom of the channel: it continues to get bought up 4) Each touch of resistance weakens it. This'll be the third touch and BTC is already going for...

gregoirejohnb Updated 

1) Price was in a trading range with contracting volatility 2) Range expansion to the upside 3) All wedges are forms of contracting volatility, so while price was moving up, it was also preparing for the next move 4) Price broke the wedge and now we're exploring the downside with increasing volatility I try to keep my trading simple. While classical TA predicts a...

gregoirejohnb Updated 

1) Huge drop at the start of the week from 18.9K to 17.6K 2) Price cooled off into a trading range and started to consolidate 3) BTC tested the lows again and rejected 4) Price then expanded the range to the upside! Entry: 18.3-18.5K is fine Stop: around 18K Target: open Expected holding time: 5-6 days has been the average in 2020

gregoirejohnb Updated 

We have range expansion to the upside on UVXY, signaling the trend is likely up and there'll be some follow through. In stocks, most of the movement since 1993 (first ETF was introduced) has come after hours. Instead of day-trading, we want to hold overnight and (hopefully) exit on a gap the next day. The VIX typically spikes and then fades, and right now it's...

gregoirejohnb Updated 

1) Great run-up during the beginning of December 2) Price went into consolidation, as did most of the crypto market. It briefly flirted with a drop, but support mostly held. BTC, ETH, and the rest dumped much harder. This suggests strength. 3) Range expansion to the upside Plan for this trade: taking the breakout immediately, will hold until price goes back into...