TradingView
Test_Ended
May 19, 2018 9:48 AM

ETHUSD 4 HOURS by Locked-in Range Analysis 

XRP / DollarBitfinex

Description

My cause-effect futures & Forex method of analysis "Locked-in Range Analysis" is the method of interpreting the price and volume chart to determine the direction of the prevailing volume of open positions, the imbalance of which will enlighten you to future market behavior. LRA gives us an understanding of the market OI disbalance, so we get the cause-effect direction to open our positions.

My method is not applicable for crypto currency as there is no market-making system that provides all market liquidity.

Each of you knows the principle of pricing crypto currency better than I do, but I will start from the fact that infinitely everyone can not earn and sooner or later there comes a point when the latter have to pay those who were first. And accordingly there is a time and price range, where the last market participants will be blocked. That is what I call "Locked-in Range". Welcome to my Crypto Analysis;)

--
Tom Leksey,
the creator of LRA market analysis method, described in my book "Locked-in Range Analysis: Why most traders must lose money in the futures market"
Comments
DaSmooth
As long as the market grows, people getting in are among the first. Buying today can still be considered early. I still see the market grow. At a certain point in the future we will come to a point where people get burned. The point where the HODLING doesn't make sense anymore. Today it sill makes sense. Especially with, for example, XRP and ETH. The big boom of some coins that will see mainstream usage is yet to come. At least, that's how I see it.
More