Have a plan, know your risk, let the trade come to you. This chart shows three trade plans for this week, each trade has an entry with 1% stoploss and takeprofit points. Each trade entry is based on mulitple confluences. Trade safe.
This an update to yesterdays TV Idea. I took no trade yesterday as I was expecting lower. There are so many levels to consider on the chart as potential Support or Resistance. I have two plans today: Plan 1 TV Alerts on the levels currently below price and monitor candlestick patterns of a long. I feel that the the Naked VAL and Low from 24 Feb will be...
Today we are looking at Algo because we noticed that while the majority of the Cryptocurrency market is down for the day, Algo is currently showing a >10% gain. Time Frame In this example, we are using the 4-Hour chart because we noticed a High Volume candle being triggered. Strategy Tactical Analysis - The evolution of the Traders Reality Hybrid strategy...
This chart shows my thoughts on the Higher Time Frame (HTF) for BTC . Most people have a Higher Time Frame (HTF) chart, what does yours look like? Parallel Channels This chart is on a 2 day timeframe, it consist of several parallel channels. Price wicked into my green box of interest at the bottom of the violet channel. Channels and trendlines can act as great...
The best risk to reward trade set-ups are usually found when you trade with the trend. To identify these ideal set-ups you plan your trade by starting with a high time frame and working down to an executional one. Time Frame In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily. Strategy For this trade set-up,...
The below are just some statistics based on: - Volume bars with 500% increase of volume. - 15 minute timeframe BTCUSD. - Baseline of the last 10 volume bars averaged against the current volume bar. Since 21st July 2021 there has been 51 occasions were there has been a 500% increase in volume. 47 of these (500% volumes) has seen price retrace/recover that...