Consider the Yellow Price Line the Sun, Sunny Days, the Light Blue Clouds Rising but in a good way as when above the Beautiful Clouds in a Airplane, not Rainy Clouds, and the Dark Blue like a Ocean of Water that if below your Entry Point provides upward pressure, but if above your Entry Point creates downward pressure against your Entry Point
Trailing Stop Setting : 12 Points
1st Chart Light Blue 7/30 MA cross, BUY
2nd Light Blue 10/21 touches Dark Blue SELL
On a 1-minute time-frame, Nice for Scalping single-digit gains in downward Bear Markets, as well as Bull Markets.
If you want larger gains you can switch to the 30-Min Chart which will yields double-digit gains, but longer wait-time for a trade to form.
1st Buy Signal is normally on the 1st Chart 7/30 MA
If 7/30 MA does not fall and cross then the Buy Signal comes from the 10/21
Exit Signal is always from the 10/21
Bottom Chart: Blue = China, Yellow = MtGox, Red = Btc-e and White = Current Chart (Stamp In This Case) , Are Extra Assurance Indicators that the Market is Strong or Weak
To avoid False Signals Use The Movable Red Line on the First Chart.
Simply hover your mouse over the red line and click it holding down the mouse button and align it with your Proposed Entry Point on the 7/30 MA where the Light Blue is beginning to indicate a Entry Point:
Previous Dark Blue area is BELOW the Red Line = GOOD ENTRY
Previous Dark Blue area is ABOVE the Red Line = BAD ENTRY
Never Enter When The Dark Blue 7/30 MA is on ANY kind of Downward Slope ! ! !
Even a Downward Slope of 1-Degree declination can create a False Signal,
Make sure the 7/30 MA Dark Blue Area is Level / Flat or Inclining Upwards BEFORE Entering your trade.
Early Exit = Yellow Price Line touches Light Blue SELL
Late Exit = 2nd Light Blue 10/21 touches Dark Blue SELL
Auto Exit = Trailing Stop Setting : 12 Points
(Re-Entry Points may occur within the Dark Blue area, just make sure that the Dark Blue is on a upward slope)
Yellow Price Line rises ABOVE Light Blue again after having exited earlier
10/21 if 7/30 MA does not fall and cross then the Buy Signal comes from the 10/21 after having exited earlier.
The "Auto Exit" can be used utilizing a 12-Point Trailing Stop
Yes It's a huge Stop but it also gives the market "Breathing Room" during a "Rally",
Also creates less stress and can be used in combination with the Early Exit and the Late Exit.
Price is always reflected via the Yellow Price Line,
The Yellow Price Lines Highlights When Touched By Your Mouse Reflecting The Current Price In The Right Scale Bar
A good way of viewing / tracking price of Entry and Exit Points.
Can be used for when going short and / or trying to determine the bottom of a falling market in progress
Second Chart 10/21 will Predict Market Bottoms In Real Time on a 1-Min TimeFrame In Real-Time during Market Drops.
Verification that the Bottom will hold can be done viewing Order Book Walls and Charts having turned from Red To Green at:
Then after having found your Bottom, make further Entry decisions.
AeroSpace Engineering Is my Field,
Therefore I do mostly everything graphically (AutoCAD),
However results can be verified via Standard Tracking Systems Using The Systems Below:
Happy Surfing / Trading,
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