I explain in this video my opinion as to WHY I believe BTCUSD is NOT ready to reverse to SUSTAINED upward pressure just yet. I'm of the opinion we will have ONE MORE EPISODE of downward pressure before we FINALLY have a reversal to SUSTAINED (long term) upward pressure.
I'm giving you "invites" to use my three (3) indicators. You may have to refresh your browser to see the indicators in your "Invite-Only Scripts." Watch the videos (below) on how to setup your chart(s) with those indicators.
Follow instructions in this video to setup Phoenix 1.118 and Phoenix Ari:
Follow instructions in this video to setup Phoenix 1.391:
How to setup "alarms" on your indicators:
How to use Godmode 3.1 Mod with LSMA; which is basically Phoenix 1.118 with a couple of added features. Scroll down to comments section to several important rules for Godmode 3.1 Mod with LSMA (Phoenix 1.118):
metalone
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@ProwdClown, Can you grant me access to this thress Phoenix variants?.. I'm new in TradingView and so far the GodModel is the one that I using the most, but this ones looks interestings. Cheers!
WyckoffMode
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@oscarromerom,
It's done...
You may need to refresh your browser to see the indicators in your "Invite-Only Scripts."
Be sure to follow the videos (above) to setup the indicators.
DuchCick
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@ProwdClown, I was showing to my fiance that she can also do this. I've showed her some of my work (which took too long) and conclusion and then showed indicators you are using. It's saves so much of thoughts and time. Maybe she wouldn't get all the causalities and understand what is happening where as real processes but would by able to make the same decision... would love to understand them x)
Happy to hear you have enjoyed my work, Sir. It's been a work in progress since late 2016. If I remember correctly, I began sharing my thoughts about Godmode since March or April, 2017. My skill at interpreting what the indicators are telling us have improved over time as well as my skill at trading. Which is why I hired a Chief Technical Officer (CTO) to build and maintain a website and a Chief Operations Officer (COO) to manage everything else behind the scenes with the website; such as marketing, support, etc...
I'm hoping to go LIVE BETA with the website some time between October 31, 2019 and November 14, 2019. I'll offer signals for basic subscription and signals "with" education for premium subscription. I sent an email to them a couple of weeks ago to notify them of the subscription price along with a plan for referrals given to others by subscribers. Which see... i.imgur.com/aI1GQqY.png
I've been a teacher for decades but not in trading. I used to teach telephone technicians how to use their meter to identify, locate and clear troubles. My philosophy when teaching was, "Keep it simple; stick to basics; don't let it get complicated." Yes, it seemed complicated to them in the beginning. That's only because they were not familiar with their circuit, how it worked, its electrical requirements and WHY it had those requirements. They were not familiar with their meter, what buttons to press to perform electrical measurements, WHY should they perform they take that particular electrical measurement, what electrical requirement should they expect to see (how many volts, how much current, what dB on certain frequencies, etc...); WHY do we have that electrical requirement? For example: Why do we need to see 20 milliamps of current? #1 - For the Central Office to recognize we are off hook and send dial tone (440 Hz). #2 - To be able to generate DTMF tones (Dual Tone Multiple Frequencies) with their telephone to dial the number they wish to call. #3 - To have sufficient current flow for good clarity of speech to prevent the customer from saying, "I cannot hardly hear or be heard."
Most importantly, they needed to understand what their meter was doing on the inside when performing electrical measurements. Reminding themselves what their meter did to perform electrical measurements would often help them determine what they were going to do next to properly identify the trouble.
I'm going to apply a similar concept in my training for trading with the indicators. I want us to pretend each pair (BTCUSD, ETHUSD, XRPUSD, etc...) is a circuit with trouble. I want us to understand how our circuit (pair) works (flow of price action) by understanding Wyckoff Method.
Wyckoff Method helps us understand the "Cause & Effect" in regards to WHY the price action "flows" the way it does. I want us to use our meters (indicators) to identify potential trouble (upward pressure and downward pressure) in order to identify what event we are located in within a Wyckoff Schematic. Once we identify what "event" we are located in within a Wyckoff Schematic, we can get more detailed with our indicators (meters) to see approximately if and/or when a particular event is about to begin or come to an end and transition to the next event within the schematic. Etc...
BOTTOM LINE: Trading can seem complicated to a novice just coming to the space. Learning how to use the tools (meter) to create charts and add indicators to those charts can seem daunting but the only way we are going to LEARN is to simply dive in and DO IT. However, it's important not to fall in the trap of making bad decisions because of lack of identifying EVERYTHING there is to know about a subject (BTCUSD, ETHUSD, LTCUSD, etc...) before making a decision within a particular time frame(s) one is trading. We cannot allow emotions to control our actions. Instead, we need to build confidence in the way we use our indicators along with an understanding of Wyckoff Method to fend off emotions.
In short... I'm working hard right now to create a trading education program that's structured in a way to help people LEARN what they need to in order to build their confidence when trading. It's impossible to be CONFIDENT if we don't even understand how to use the tools necessary to determine what trading decisions should be made and how to make those decisions in a way to avoid as much risk as possible. Of course, there will always be risk. What's important is to manage those risks to keep our losses small and gains large. Understanding our tools (charting, indicators, Wyckoff Method, etc...) is only a "part" of what we need to know to be a PROFESSIONAL at trading.
The ultimate goal is to BECOME A PROFESSIONAL. Which is why I've decided to price my subscriptions the way I have in order to hopefully encourage subscribers to create a "premium" account instead of a "basic" account. I understand there will be some who simply do not have the time and/or the willingness to want to learn WHY the signals provided on the website are given at any particular time. That's perfectly fine... I don't want people to get a premium subscription if they are not committed to becoming a professional. If they are satisfied with signals only, that's perfectly fine. Some professionals may get a basic subscription simply to see if my signals line up with their own. I'm sure there will be various reasons why some choose the basic subscription instead of premium.
Well, I've rambled enough. I'll give you an "invite" to the three indicators I have shortly. You may have to refresh your browser to see the indicators in your "Invite-Only Scripts."
WyckoffMode
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@DuchCick, Here's an example of Wyckoff Method: "Bitcoin History Using Wyckoff Method."
WyckoffMode
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@DuchCick, A brief video of that chart, "Bitcoin History Using Wyckoff Method."