TradingView
WyckoffMode
Mar 12, 2017 10:43 PM

I've had others call me "embarrassing" and "stupid" in... 

Monero / BitcoinPoloniex

Description

...other traders publications where I posted what I found in an effort to INFORM others of the advantage they have with this indicator. Especially, in FOREX publications where the real liquidity is located. However, those who have called me such names willing close their eyes and ears TO THEIR OWN EMBARRASSMENT & STUPIDITY.

Fine, you can remain in your embarrassing stupidity while I remain in mine... ; ) ; ) hehe.

I actually shorted XMRBTC 6 times on the way up. Yes, you heard me right... while we were pumping. I was using 5 BTC to buy in with the pumps then sell (short) at certain points on the way up. This denied other larger whales from dumping into buy orders that would have looked delicious to them and I would still those buy orders from them just 60 seconds or so before they would.

Each time I shorted, the whale had no choice but to wait with a pause for a while or keep going up. Well, they kept pumping it up and I kept shorting on the way up at just the right time before they could short it.

After the 4th time of shorting it, we had quite a long pause and the whales with their bots decided a different strategy. WHY? Cause I had a lot of traders gun shy about putting buy orders in near the top after shorting it a 4th time. The whales ended up putting buy orders in themselves near the top; and instead of larger amounts in one order, they put multiple 100 to 200 XMR orders lined up behind one another but spaced out a bit to show support and encourage others to place orders in above theirs. This was after we had already reached our high of 0.0145 and we were on the way down.

I shorted two more times on the way down before the big dump THAT I SAW COMING. That's when I put a buy order in at the top of a candle just above my blue support line at 0.01269256 with those 5.0 BTC and went to sleep. I woke up to find we came down ALMOST EXACTLY to my support line and my buy order was filled. Now, we are back up to 0.01371800 currently at this writing.

How's that for "embarrassing" and "stupid?" hehe... Go figure... hehe



I have one "mutli-chart" up like you see above [1m, 5m, 10m 15m 20m, 25m, 30m & 45m TF's] AND one big chart for 1h and higher TF's on EVERY pair I trade.

Comment

I don't mind constructive criticism. However, I do mind the name calling (embarrassing, stupid, etc...). Those folks are too busy "worshipping" in their following while maintaining bias and laziness to look into this for themselves. That's okay though. More "cha-ching" for me and those who use this method. Especially, in FOREX trading.

I will be very very busy on taxes today and tomorrow. So, very little will be heard from me today like yesterday not much was heard from me. Got to get taxes done.

Cheers and Happy Trading,

David

PS - I'm NOT being arrogant or act like a know it all in the least, as some have suggested in other traders publications. I'm simply trying to help others. That's all... Simply trying to help the TV community. However, I'm going to STOP writing in other publications written by other traders of what I've found to be eye opening in regards to this indicator and the inputs I've set it for in the formatting.

Don't get me wrong, I like the other traders I follow, "TomHall, Alexander_Niken, pardis, Blue, EXCAVO, etc... Great guys and fun to follow." However, I honestly feel I have found a method they can use in their TA to help them become more accurate in their forecasts brought about with their TA. Just saying....

Comment

For those NEW to using the "multi-chart" I've shown in an example above; MAKE SURE to set it up like I have shown with those TF (Time Frame) minutes shown.

MAKE SURE to watch them for a while and WRITE A TRADE ON PAPER that you would have made based off what you're seeing. You CANNOT stay focused on the 1m and 5m all the time. You must also pay close attention to the others as well as things play out in the 1m, 5m, 10m and 15m TF's.

Once you get an idea of how it works ON PAPER, then you can go LIVE.

Happy Trading...

Comment

The inputs on Godmode in the formatting have been changed from defaults to 9, 6 & 3. I also added LSMA and changed it's input from 25 to 32. Leave it on 32 FOR ALL TF's.

Comment

You may find you prefer different inputs that may work better. If so, please share and explain.

Comment

This chart only to show where I determined our "support." at the bottom of the dump:

Comment

If I pissed off the whale pumping XMR last night after they have read this, so be it...

Comment

It was nothing personal... Just business.

Comment

Helpful hint for those new to charts and indicators.

When you want to go "multi-chart" mode, make sure to have all your indicators with their proper inputs SET UP FIRST before going to multi chart mode. This will prevent you from having to spend the time on each little chart inserting the indicators with their proper inputs.

Comment

If you went to white background like I have, you may want to double click Godmode, then click "style," then click the yellow color on "Caution" and change it to Red [or whatever color you like] to make it more visible with a white background.

Comment

Referring to the DOT's

Comment

XMRBTC pumping for the moment. Getting back to journal entries:

Comment

The Multi-Higher-TF's-Chart 45m, 60m, 90m, 120m, 180m have red line [Entering/Gone through] from the left side of a green line going up; indicating upside.

The 240m TF has green line coming up to meet the red line that would enter it from it's left side while it's going up; indicating upside potential in the 4h

This can change on the fly. Keep an eye on the lower TF's. Especially the 10m with 5m, 15m, 20m and 25m

Comment

XMRUSD looks the same... Bullish...

Comment

I'm leaving the whales alone, this ride up with this pump.

Comment

still looking strong... for the moment.

Comment

20m, 25m, 30m and 45m TF's still shows potential for upside
don't sell right now.

Comment

This could be a dump

Bull trap


We'll see

Comment

shake out or shorts going on like what I did last night. I thought I would let others do what I did this go around. I also wondered if a whale(s) read this publication. Watching their reaction in trading if this is so...

Comment

20m, 25m, 30, & 45m still show potential for upside. No sell yet... ; )

Comment

A look at XMRUSD in lower TF's:

Comment

One last look of XMRBTC instead of XMRUSD in lower TF's for future reference.

Comment

Comment

I got rid of the pitch fork to make easier viewing of price action

Comment

Hi TF's 45m and higher and back to journal entries for taxes:

Comment

We are currently trying to break out of that wedge or triangle I drew with two blue arrows. It seems to be going up "naturally" "organic." hehe... ; )

Comment

BTCUSD dropped...

So, XMRBTC should go up if XMRUSD remains the same:

Comment

XMRUSD going down currently. It COULD follow XMRBTC and go back up. IF not, XMRBTC should remain the same while BTCUSD and XMRUSD both go down.

Comment

While I was adding that previous update XMRUSD went up a bit and changed to indicate upside across all Lower TF's at present: hehe

It must be following XMRBTC instead of the reverse.

Comment

I've been doing journal entries. Definitely looking down side

Consolidation phase folks.

Comment

May be back in business...

We'll see how it plays out. Posting these for further review later on:

Comment

XMRUSD: Short TF's:

Comment

XMRUSD High TF's:

Comment

Update on XMRBTC NOT USD Higher TF"s:

Comment

And lower TF's THEN I'm chilling with XMR for a while.

Comment

Update on XMR. Should have posted this last night before sleeping in this publication. I did in the troll box but forgot to post on here. Sorry folks:

Comment

Those notes (text bubbles) were placed on the chart when I told traders to buy it cheap while they still can.

Comment

Simply showing you how I'm currently Watching this unfold:

Comment

Ignore the magenta and blue lines within Godmode. Those were created on a single chart in a higher TF:

Comment

Yep, that' the 1m, 3m, 7m, 10m, 12m, 15m, 20m, 25m TF's

Comment

The difference 2.5 minutes can make:

Comment

another 1.5 minutes:

Comment

Comment

Comment

Comment

Comment

Will the blue line turn Up?

Comment

To indicate PRESSURE is up

Comment

3m still needs to come up for the 7m to not result in down... Time will tell.

Comment

Comment

Comment

Comment

Comment

Be careful of a bear trap

Comment

Or we can say, "Be careful of a short trap."

Comment

Someone may have just sold MORE than what they can actually buy back at a lower price. Have to pay attention to the liquidity inside the buy and sell order books.

Comment

I'm referring to the 1m dip wick down:

Comment

All I got to say is this,

If you're thinking of shorting here, you BETTER make sure enough liquidity is there in the oder books before doing so...

That's IF you are planning on buying back in cheaper.

A big sell wall of 1,534 XMR currently. However, it can be taken off at the blink of an eye. You have to hope orders fill in where you dumped it to instead of that sell wall being taken down and a whale is able to drive it upside CHEAPLY to squeeze you out of your short.

Just saying...

Comment

And that's probably what just happened:

Comment

I'm looking at the 1m TF in the top left corner.

Comment

I still believe shorts were squeezed even though i changed the note on the 7m TF;

the 3m TF is showing up; so the 7m TF may come up shortly.

Comment

Had to adjust everything. The candles were going up and out of some of the charts:

Not complaining. That's a good problem to have. ; )

Comment

Comment

A lot of sell pressure in the order books currently. Waiting to see if the bull rages on:

Comment

Comment

If you see a change in a color on a text bubble, that means it was EDITED.

Comment

The BLUE line is your LSMA - Least Squares Moving Average

Comment

It's input should be at 32 for ALL TF's.

Comment

I've also taught... Be careful about making flat statements. A buddy of mine and I agree it's the best for all TF's.

Comment

I like mine "short" and spicy. ; )

Comment

I don't post my short until I've executed it and 1.5 minutes has passed.

Comment

Comment

Comment

Comment

Comment

SO far so good. Added approximately 65 XMR to the collection on that on: ; )

Comment

Comment

It came up just a little above a PS line in dotted blue:
Comments
ca5tl
Fuck those guys. I appreciate the hell out of all the charts you put out
WyckoffMode
@ca5tl, Thanks! Much appreciated. Apologies for the delay responding. I've been caught up with educating myself in regards to FOREX trading. I will not be providing charts on crypto except for weekends for a while.
WhiskeyDeltaBravo
How do you get "godmode" indicators set up? Is there an explanation anywhere about how to use this? I'd appreciate anything you are willing to share? Thanks!
WyckoffMode
@WhiskeyDeltaBravo, Actually, you might have to read all of my publications.

For starters, Click "Indicators" at the top of a chart, In the search, type in Godmode. You want the one spelled exactly like I did. NOT THE ONE IN ALL CAPS! Once you click Godmode, it takes a few seconds for it to pop up at the bottom of your chart. Double click anywhere along the lines or ghost lines of Godmode and a format screen should pop up. On the inputs, change them FROM 9, 26 & 13 to 9, 6 & 3. If you are using a white background, you will also need to go to "style" and click the "yellow" "caution" box and change the color to red so you can see it better.

No that Godmode is set up, you need to click the "+" (plus symbol) in the upper left corner of the Godmode box. When you click the + symbol, another window pops up again for indicators. I want you to type into the search engine: LSMA. Once it pops up to the right, click it one time then close it. [Don't worry about choosing any of the other 3 LSMA's that are there. The default LSMA is just fine]. Once you get LSMA added inside of Godmode, you need to double click it or click the wheel symbol to get to formatting. You need to change the input from 25 to 32. Once you have that done, Godmode with LSMA added into it should be ready to go. Now, you would only need pointers of what to look for with the indicator.

You can read through my publications and see how I instruct to use it.

Now, I have to get back to my business taxes. If you still have questions, you might have to wait a while. Like until tomorrow evening or the next evening. Got to get back to it.

Cheers,

David
WhiskeyDeltaBravo
@ProwdClown, Thank you so much for the in-depth response. I really appreciate it. And I bet others will too. May be a dumb questioI n, but does the Godmode indicator only show up with a paid account? I am assuming yes, as I can't locate it in my indicators drop down. In the mean time, if you have one or two charts that you have done in the past that would be good to learn from, I would appreciate studying it. Thanks again!
WyckoffMode
@WhiskeyDeltaBravo, Apologies for the delay responding. Thanks for the follow. As for Godmode being made available for only paid accounts; I'm not sure. I started here at TV with a "paid" account. I did not start using indicators really until recently. I'm actually still learning and educating myself.

Have you tried entering into the indicator "Search" box the word "Godmode" to see if it comes up?
lorddog
spot on bro
WyckoffMode
@lorddog, Cheers M8; Busy with taxes bro. Will be away for at least 24 more hours.

Happy Trading!
WhaleScout
Man you are great, don't bother with the haters of this comunity, there's too much ego in here to bother with, focus on people appreciating what you are doing.
Thanks for your efforts man and for sharing it here!
lorddog
same thing he said the more thay hate the more your rite keep up the good work
More