How To Tame A Reptile or Williams Alligator From ScratchHi, traders!
Have you ever heard about Alligator? Not from Australia or America but Williams Alligator. Both Australian reptile and Williams ‘pet’ have some common – they all have Jaw, Teeth, and Lips. So what is Williams Alligator?
As you know, you can get maximum profit during trend markets. You gonna enter to longs or shorts, to take some profit. It’s obvious that trading on choppy (sideways) market can be very dangerous for your funds. Thus, there’s the reasonable question, are you sure that the market has trend. Genius trader Bill Williams was concerned about the problem. That’s why he invented such pretty tool to define if market is trendy or choppy. It’s the first Alligator that’ll help you to earn money, but not spend them in boutiques.
So, let’s speak about technical part. The Alligator indicator uses three smoothed moving averages(calculated with a simple moving average), set at 5, 8, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns.
The three moving averages comprise the Jaw, Teeth, and Lips of the Alligator, opening, and closing in reaction to evolving trends and trading ranges:
1. Jaw (blue line): Starts with the 13-bar SMMA and is smoothed by eight bars on subsequent values.
2. Teeth (red line): Starts with the eight-bar SMMA and is smoothed by five bars on subsequent values.
3. Lips (green line): Starts with the five-bar SMMA and smoothed by three bars on subsequent values.
The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns. The Lips crossing down through the other lines signals a short sale opportunity while crossing upward signals a buying opportunity. Williams refers to the downward cross as the alligator "sleeping" and the upward cross as the alligator "awakening."
The three lines stretched apart and moving higher or lower denote trending periods in which long or short positions should be maintained and managed. This is referred to as the alligator "eating with mouth wide open." Indicator lines converging into narrow bands and shifting toward a horizontal direction denote periods in which the trend may be coming to an end, signaling the need for profit-taking and position realignment. This indicates the alligator is "sated."
The indicator will givefalse positives when the three lines are crisscrossing each other repeatedly, due to choppy market conditions. According to Williams, the alligator is "sleeping" at this time. Remain on the sidelines until it wakes up again. This exposes a significant drawback of the indicator because many awakening signals within large ranges will fail, triggering whipsaws.
Tutorial
BTC confirmed forming a botttom - BTFDThe beauty of elliott waves is not only in their invaluable analytic tools but also in their trading methology. They tells us that previous W4 area acts as a support/resistance. When price action breaks this zone it often suggets that the trend has changed and reversal is more likely.
This indeed happended recently on BTCUSD. Price action exceeded the prevous W4 termination point (In this case it was the end of wave E of triangle). It was rejected from strong 42k resistance but since we got the confirmation any pullback can be perceived as BUY THE FKING DIP.
Momentum of the pullback is lowering which may indicate that reversal is near. We are also above POC and Daily MA21. This confluence provide us with a high-probability setup.
I do not want to see prices below 34k. If we drop below I will start considering alternatives count but for now this count is the most likely.
Keep monitoring the situation and adjust accordingly. Remember, price action knows the best. It is the current opinion of all market participants.
💨𝙀𝙡𝙡𝙞𝙤𝙩𝙩 𝙒𝙖𝙫𝙚 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚🌊●●● 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (T)
❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨
● A triangle always subdivides into five waves.
● At least four waves among waves A , B , C , D and E are subdivided into a single zigzag.
● A triangle never has more than one complex subwave, in which case it is always a multiple zigzag or a triangle.
❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Usually, wave C subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves.
● Usually, wave D subdivides into a "multiple zigzag" that is longer lasting and contains deeper percentage retracements than each of the other subwaves.
● Alternating waves of a triangle may be in Fibonacci proportion to each other by a ratio of 0.618 for contracting triangles and 1.618 for expanding triangles. For example, in a contracting triangle, look for wave C to equal 0.618 of wave A .
● A triangle can be wave 4 impuls , wave B of a zigzag, wave X of a double or second wave of an X of a triple zigzag, sub-wave C , D or E of a triangle and the last structure of a combination .
●● 𝘾𝙤𝙣𝙩𝙧𝙖𝙘𝙩𝙞𝙣𝙜 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Contr.T — CT)
❗❗ 𝙍𝙪𝙡𝙚𝙨
● Wave C never moves beyond the end of wave A , wave D never moves beyond the end of wave B , and wave E never moves beyond the end of wave C . The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C .
● Waves A and B never subdivide into a triangle.
● In a running triangle, wave B should be no more than twice as long as wave A . (Q&A EWI)
❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Sometimes one of the waves, usually wave C , D or E , subdivides into a contracting or barrier triangle. Often the effect is as if the entire triangle consisted of nine zigzags.
● About 60% of the time, wave B goes beyond the beyond the start of wave A . When this happens, the triangle is called a running triangle.
●● 𝘽𝙖𝙧𝙧𝙞𝙚𝙧 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Barr.T — BT)
❗❗ 𝙍𝙪𝙡𝙚𝙨
● Wave C never moves beyond the end of wave A , wave D never moves beyond the end of wave B , and wave E never moves beyond the end of wave C . The result is that going forward in time, a line connecting the ends of waves B and D converges with a line connecting the ends of waves A and C .
● Waves B and D end at essentially the same level.
● In a running triangle, wave B should be no more than twice as long as wave A . (Q&A EWI)
❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● About 60% of the time, wave B goes beyond the beyond the start of wave A . When this happens, the triangle is called a running barrier triangle.
● When wave 5 follows a triangle, it is typically either a brief, rapid movement or an exceptionally long extension.
☝ 𝙉𝙤𝙩𝙚𝙨
● We have yet to observe a 9 -wave barrier triangle, implying that this form may not extend.
●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙞𝙣𝙜 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (Exp.T — ET)
❗❗ 𝙍𝙪𝙡𝙚𝙨
● Wave C , D and E each moves beyond the end of the preceding same-directional subwave. (The result is that going forward in time, a line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C .)
● Subwaves B , C and D each retrace at least 100 percent but no more than 150 percent of the preceding subwave.
❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Subwaves B , C and D usually retrace 105 to 125 percent of the preceding subwave.
☝ 𝙉𝙤𝙩𝙚𝙨
● No subwave has yet been observed to subdivide into a triangle.
Elliott Wave Principal 2005 and Q&A EWI .
ELLIOTT WAVES BASICS - TUTORIALHow to understand ELLIOTT WAVES IN 4 STEPS?
For my followers to understand my analysis:
The topic is only described very roughly and is intended to give you a first overview of one of my analysis methods.
1. An impulse always moves in five sub-waves.
Waves 1, 3 and 5 of these are motive waves that move in the same direction as the overall trend.
Waves 2 and 4 are corrective waves, i.e. they correct the previous movement.
The following rules apply to an impulse:
-Wave 4 must not overlap with wave 1, except in a diagonal.
-Wave 3 is never the shortest wave.
-Wave 2 must not fall below the starting point of wave 1.
If one of these rules is broken, the chart analysis must be revised.
2. A correction wave moves in the opposite direction to the overall trend.
Corrective waves are three-part and basically consist of waves A, B and C.
Waves A and C are primarily impulse patterns of the corrective movement and drive the market in the opposite direction to the overall trend.
Wave B corrects the previous wave A and even has the potential to surpass the starting point of wave A.
3. The standard pattern consists of an impulse wave and a corrective wave.
These standard patterns repeat on a short-term basis as well as on a multi-year basis. In other words, every single wave consists of several sub-waves and in turn belongs to the larger picture. For example, wave 1 (an impulse) itself consists of five sub-waves.
This standard pattern continues and accordingly always merges into a higher level.
4. Relation Between Fibonacci and Elliott Wave Theory
Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. For example, in impulse wave:
Wave 2 is typically 38,2 %, 50% or 61.8% of wave 1
• Wave 3 is typically 161.8% of wave 1
• Wave 4 is typically 23.6%, or 38.2% of wave 3
• Wave 5 is typically inverse 1.236 – 1.618% of wave 4, equal to wave 1 or 61.8% of wave 1+3
You can use the information above to determine the point of entry and profit target when entering into a trade.
Tools of the Trade: All about trendline'sI get a lot of questions on how do I seem to make such accurate trendline's, channels and support's and resistance. People seem to be impressed how often the lines on my chart are right where price seems to always react. Well this is as it should be, as your lines are markers where price action might do something interesting. But what is my trendline or support/resistance is probably different from yours. I will try to show my thought process on how I draw these lines. These tips work for me and they might work for you. But sometimes you have to fuss around some to find what works for you. This is because we all see different things.
I will start with a trendline and I will use the GC (gold futures) chart. These methods work on all charts and all timeframes.
We first want to find and connect at least 2 points in any given trend.
Now in this case I connected the tips of the wick, but really for me anywhere between the open and the tip of the wick or the close and the tip of the wick is a valid area for a trendline. Now you may say, "great! but any 2 points make a trendline so what's the big deal?". You are right, 2 points do not make a trendline but this will be a start. So I can fuss around and pull my trendline down and to the left manually and try to find other areas that fit my trendline. But this will cause bias and we want to eliminate bias as much as we can. So what do we do to minimize bias?
1. Open up the settings for your trendline (click on the trendline and then click on the gear icon in the selection box).
2. Click the "extend trendline left" box. This is what you should see now for this example:
Now you look at it and say, well that doesn't look valid because it goes through a bunch of candles in the yellow and orange ellipses.
But now let's take a closer look at the orange ellipse area:
look at all the blue arrows and that the trendline goes right through the wicks. This adds validity to our trendline.
Now you may ask, what about all the bodies that the trendline goes through (see yellow arrows)? Does this matter?
A different question though is does the trendline really go through the body pointed out by the yellow arrows? Let's take an even closer look!
This looks pretty good to me. But what happened? I moved to a higher timeframe. I like to move at least 3x timeframes higher. Now you can see that the trendline goes through the wicks of the candle or at least pretty dang close. And because it is well known that looking at a higher time frame is always a good idea when entering a trade for confirmation this also applies to trendlines. A trendline that is still a valid trendline on a higher timeframe is an even stronger trendline.
Now look at the yellow ellipse in a 3x higher time frame:
Nope, that doesn't look good.
Let's move to a 6x higher timeframe (12 hour)
Nope, still doesn't cut it!
But it does fit okay, not great on our initial 2 hour timeframe chart, we just can't confirm it on a higher time frame. So I say the trendline get's weaker around here:
Another way to confirm an appropriate trendline is to use RSI (or any oscillator of your choice that shows overbought or oversold)
The vertical red lines show that RSI is in the oversold area as price approaches or dips below the trendline. This is what you would expect right? especially since in these areas the price is coming from a downtrend.
The blue vertical lines show that RSI is between 70 and 30 as we would expect as price seems to be consolidating around the trendline and actually tickles the overbought area at the price peak between the 2 blue vertical lines. This is also as you would expect.
So these are my tips on trendline's and how I use them. I hope this is useful. Next tutorial I am going to go into how I do support, resistance and parallel channels.
I hope this was helpful and I hope everybody makes money off these tips. Otherwise, play around with trendline's in your own way and you might find something that works better for you!
Thank you!
Miss Bunny
Indicator TutorialSymbol: NASDAQ:NVAX
Indicators
Upper: Delta Volume
On Chart: ALMA x2
Lower: Laguerre RSI
Comments
1. Look at the Large Volume Imbalance and how the price trended after.
2. The widening separation of our Moving Averages.
3. Bottom Indicator Showed Bearish Trend Continuation...
Option Choices
1. Sell Covered Call (Collect Credit)
2. Buy Put (Pay Debit)
3. Sell Call Credit Spread.
4. Buy Put Debit Spread.
The Dollar INFLATION? Part 2
(see link to Part 1 attached below)
Hello,Traders!
As we found out in Part 1,the FED and The Treasury added 5.3 Trillion dollars to the money supply, with 3 Trillion Dollars being spent, not invested and all that coming from borrowing, not taxes, which would have created price inflation even without the supply shock.
However, the supply side was also affected by the lockdowns, and below is a summary of how this happened!
First of all, we saw a massive structural change, with the demand suddenly shifting from services to goods , as the majority of the former became unavailable to the indoors bound population.
That additional demand for goods, would have strained the supply chain in any scenario, but several factors made it much much worse.
First, the lockdowns in China, especially Wohan, a major logistics hub, brought some of the manufacturing and shipping to a halt, that led to the initial shortages, but the demand fell sharply too, so at first, the two canceled each other out. Then with China opening up at the end of 2020 faster than any other country, and the demand picking up in the US and other countries , China started shipping Covid-19 supplies and other goods to the rest of the world.
But as manufacturing in China recovered , the United States were locked down, which affected two major ports in the US : the ports of Los Angeles and Long Beach. The thing is that 41% of all the US container traffic goes through just these two, and while the container traffic went up by 49%, the ports were operating at lower capacity , due to the dock workers either being sick with Covid, or being in quarantine.
Loaded Ships were stranded for weeks , waiting to be unloaded, doubling the shipping time. As if that wasn’t enough, the shipping containers price went from 1800$ to 3500$ , because due to the lockdowns in the US there wasn’t much to be shipped back to China, and for every 100 containers that went in, only 40 were exported back . The ports operating at lower capacity didn’t have the resources to load empty containers onto the ships going back to China, and the truck drivers shortage lead to that the empty containers weren’t returned back to the ports, from inside the US.
This led to a vicious cycle: shortage of shipping containers was worsening the shortage of shipping capacity, which was worsened by the shortage of port capacity, which in turn was worsening the shortage of shipping containers, which as in turn worsened by the shortage of truck drivers which worsened the shortage of goods.
All that led to scarcity exacerbated by the debt funded, non-investment consumer spending, and worsened by a demand shifting from services to goods.A perfect storm situation, which nearly collapsed the «Just-in-Time» manufacturing based supply chains.
All that led to the official FED inflation figures for April 2021 being 4.2% , which is A LOT! And more is to come, if the lockdowns are not lifted, and, especially,if Biden's 6 Trillion budget gets passed.
Please, Like comment and subscribe!
The Dollar INFLATION? Part 1
Hello,Traders!
The fears of inflation are now the reality, with the official FED number showing that inflation went from 1.6% in 2020 to 4.2% in April 2021, which means that the situation "on the ground" is even worse. Even just by looking at the charts of lumber, copper , and other commodities , while finding out that all the cars in your local dealership are sold out a year ahead, and the car prices are up, with the FED and the Treasury competing for the number of zeros on their official operating papers, the thoughts of «shortages» and «inflation» are naturally creeping into your head,followed by the question of "how it all came to it?" And while the Covid-19 and the lockdowns are the obvious culprits, the details are interesting. So let's dive into the mess of the Covid-19 consequences to find out.
Generally, Inflation can be caused by any of the two components: excess money supply, directed towards consumption, as opposed to investments, or goods supply shortage, with the unchanged money supply.
In 2021 we seem to have both, but the details are quite peculiar.
Let's deal with the excess money supply bit first, as it is kinda obvious: In march of 2020, the FED added 2.3 Trillion dollars to the direct asset purchases program, while expanding indirect liquidity by relaxing bank reserves standards, and relieving other regulations of the money markets to facilitate lending and prevent broad money contraction. Most of that money, however, went into the financial assets, inflating the asset prices, which can be seen by looking at the prices of Gold , Bitcoin , S&P500 , and other key benchmarks.
U.S. Fiscal Policy bit, however,was more directly relevant to the consumer goods inflation .
Throughout March and April 2020, the U.S. government passed three main relief packages and one supplemental package, totaling nearly $2.8 trillion. After the passage of the supplementary package in April, nicknamed "stimulus phase 3.5," there was no substantial action on COVID-19 stimulus or relief from Congress for several months as each party proposed their own stimulus package.
Then, after the election of President Biden in November, a $900 billion stimulus bill was passed in December 2020. Another $1.9 trillion American Rescue Plan, was signed into law by President Biden on March 11, 2021.
3 Trillion Dollars was actually spent so far, the remainder being available to congress for allocation.
Most of that money was spent, not invested, and came from borrowing, not taxes, which, would have added to inflation even without the supply shock.
The supply side of the equation, however, looks much more complicated, but we will dive into that in the next article, tomorrow!
If you want to read the most interesting piece, please like comment, and subscribe!
The Dollar INFLATION? Part 2.
(see link to Part 1 attached below)
Hello,Traders!
As we found out in Part 1, the FED and The Treasury added 5.3 Trillion dollars to the money supply , with 3 Trillion Dollars being spent, not invested and all that coming from borrowing, not taxes, which would have created price inflation even without the supply shock.
However, the supply side was also affected by the lockdowns, and below is a summary of how this happened!
First of all, we saw a massive structural change, with the demand suddenly shifting from services to goods , as the majority of the former became unavailable to the indoors bound population.
That additional demand for goods, would have strained the supply chain in any scenario, but several factors made it much much worse.
First, the lockdowns in China, especially Wohan, a major logistics hub, brought some of the manufacturing and shipping to a halt, that led to the initial shortages, but the demand fell sharply too, so at first, the two canceled each other out. Then with China opening up at the end of 2020 faster than any other country, and the demand picking up in the US and other countries , China started shipping Covid-19 supplies and other goods to the rest of the world.
But as manufacturing in China recovered, the United States were locked down, which affected two major ports in the US : the ports of Los Angeles and Long Beach. The thing is that 41% of all the US container traffic goes through just these two, and while the container traffic went up by 49%, the ports were operating at lower capacity, due to the dock workers either being sick with Covid, or being in quarantine.
Loaded Ships were stranded for weeks , waiting to be unloaded, doubling the shipping time. As if that wasn’t enough, the shipping containers price went from 1800$ to 3500$ , because due to the lockdowns in the US there wasn’t much to be shipped back to China, and for every 100 containers that went in, only 40 were exported back . The ports operating at lower capacity didn’t have the resources to load empty containers onto the ships going back to China, and the truck drivers shortage lead to that the empty containers weren’t returned back to the ports, from inside the US.
This led to a vicious cycle: shortage of shipping containers was worsening the shortage of shipping capacity, which was worsened by the shortage of port capacity, which in turn was worsening the shortage of shipping containers, which as in turn worsened by the shortage of truck drivers which worsened the shortage of goods.
All that led to scarcity exacerbated by the debt funded, non-investment consumer spending, and worsened by a demand shifting from services to goods.A perfect storm situation, which nearly collapsed the «Just-in-Time» manufacturing based supply chains.
All that led to the official FED inflation figures for April 2021 being 4.2%, which is A LOT ! And more is to come, if the lockdowns are not lifted, and, especially,if Biden's 6 Trillion budget gets passed.
Please, Like comment and subscribe!
The Dollar INFLATION Is HERE? Let's Find Out!
Hello,Traders!
The fears of inflation are now the reality, with the official FED number showing that inflation went from 1.6% in 2020 to 4.2% in April 2021, which means that the situation "on the ground" is even worse. Even just by looking at the charts of lumber, copper, and other commodities, while finding out that all the cars in your local dealership are sold out a year ahead, and the car prices are up, with the FED and the Treasury competing for the number of zeros on their official operating papers, the thoughts of «shortages» and «inflation» are naturally creeping into your head,followed by the question of "how it all came to it?" And while the Covid-19 and the lockdowns are the obvious culprits, the details are interesting. So let's dive into the mess of the Covid-19 consequences to find out.
Generally, Inflation can be caused by any of the two components: excess money supply, directed towards consumption, as opposed to investments, or goods supply shortage, with the unchanged money supply.
In 2021 we seem to have both, but the details are quite peculiar.
Let's deal with the excess money supply bit first, as it is kinda obvious: In march of 2020, the FED added 2.3 Trillion dollars to the direct asset purchases program, while expanding indirect liquidity by relaxing bank reserves standards, and relieving other regulations of the money markets to facilitate lending and prevent broad money contraction. Most of that money, however, went into the financial assets, inflating the asset prices, which can be seen by looking at the prices of Gold, Bitcoin, S&P500, and other key benchmarks.
U.S. Fiscal Policy bit, however,was more directly relevant to the consumer goods inflation.
Throughout March and April 2020, the U.S. government passed three main relief packages and one supplemental package, totaling nearly $2.8 trillion. After the passage of the supplementary package in April, nicknamed "stimulus phase 3.5," there was no substantial action on COVID-19 stimulus or relief from Congress for several months as each party proposed their own stimulus package.
Then, after the election of President Biden in November, a $900 billion stimulus bill was passed in December 2020. Another $1.9 trillion American Rescue Plan, was signed into law by President Biden on March 11, 2021.
3 Trillion Dollars was actually spent so far, the remainder being available to congress for allocation.
Most of that money was spent, not invested, and came from borrowing, not taxes, which, would have added to inflation even without the supply shock.
The supply side of the equation, however, looks much more complicated, but we will dive into that in the next article, tomorrow!
If you want to read the most interesting piece, please like comment, and subscribe!
Shark Fin SoupI have been studying BTC for the past 8 years and I have been trading forex professionally for 3 and a half years. I have found and back tested a new method called SHARK FIN SOUP for the last year and I am finally sharing the trade for the first time to the public ever. It all started with 60 years of research by professor Eisenhower, well known professional professor with a PHD in biology from Harvard Law. His findings were based on a shark that went extinct over 80 years ago. What he discovered has revolutionized the entire Western hemisphere and Eastern hemisphere and Southern and now finally we are bringing it to the North. The long awaited Shark Fin Soup method (illegal in some countries (western hemisphere))!
Enel Chile SA 🧙Enel Chile SA is an electricity utility company, which through its subsidiaries and affiliates is engaged in the generation, transmission and distribution of electricity businesses in Chile. It operates through two segments including Generation Business and Distribution Business. The Generation Business Segment is comprised of a group of electricity companies that own electricity generating plants, whose energy is transmitted and distributed to end customers. The Distribution Reportable Segment is comprised of a group of electricity companies operating under a public utility concession.
If you want not to miss ideas like this one,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
Trading Basics Part 1:How Candlesticks Work!
Hello,Traders!
Japanese Candlesticks are thought to have been invented by the Japanese rice traders
And then made their way into the West where they were used for stocks, forex and commodity trading.
Reading candlesticks is quite easy: the body represents an area that indicates the price distance between the open and close of the candle, while wick’s ends indicate the full magnitude of the movement in-between open and close. Thus, when picking the timeframe for your chart, you are deciding on how much time will be contained between open and close of each candle.
If open is below the close, the candle is bullish , and if open is above the close, the candle is bearish , which is usually represented by different colors of the bodies and wicks on the chart, typically, green and red.
Some of you might ask me, why am I explaining things that seems to be obvious and self evident, yet my experience of Coaching, paints a different picture, with thecandlesticks being undervalued and misunderstood by many, despite them being the staple of technical analysis .
In my trading strategy, which is based on multi timeframe top-down technical analysis ,
we examine multiple timeframes, from 1 week to 1 hour, going from higher to the lower timeframes. Looking for strong levels on weekly and daily and for patterns and confirmations on 4 hour and 1 hour charts. Which means that we are opening 1 week/1 day candle like a Russian doll, finding multiple candles inside the other. We enter the trade only if we are getting the same bias on all timeframes that were of our interest!
If you found my post helpful and interesting, please, like comment and subscribe!
Thank you!
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.
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