Harmonic Patterns
The only continiously working trade strategy/setup in the worldI'm sure you have spent couple life times reading trading analysis and tutorials on investing/trading/gambling/throwing digital numbers into black void.. whatever you wanna call this digital illusion where funny chart lines are in control of your life's happiness, making you a total willing or unwilling slave.... and NONE of the analyst's predictions work while all analysts are constantly wrong. Analysts and gurus always slimy weaseling out why their projected trade analysis didn't work out. The truth is that they and have no idea what they are doing, their charts are just pretty drawings to make themselves look cool and give themselves pseudo meaning of life. No one has a clue what they are doing, not even the robots, the robots just follow rules with no forward vision of future what so ever.
Some analysts/traders look for affirmation from others in their charts, so they can say they got it right. Even if the analysts get it right 1/20th of the time it justifies 19 charts wasting your time, 19 wrong, but on the 20th they got right they will blow their load or gasm in some form or other, then print the chart out and poster on the wall, forever bragging how they can predict the markets.
Do not worry, F the analysts, because I have knowledge of the only continuously working trade setup in the world. I developed this strategy just as I began trading while being advised by my ex bf. This is the only strategy that ever worked for me in my 20 years of experience in trading Crypto. Countless hours/days/weeks/years of reading guru and analyst charts, I have not grown smarter and all other strategies have created inconsistent returns and/or losses.
This strategy does not care what the price is. You will never have to worry about missing out on a bubble. You will never have to research, look at fundamentals, or be invested or loyal to a stock/crypto/whatever magic poop you trading. Simply sort charts by volume/daily volatility and jump right in. This somewhat mimics the bots and you have to have the energy to do 1000's of exciting sweaty armpit trades while being glued to the monitor! It's what you wanted anyway- exciting emotions similar to gambling at casino, except with actual possibility to win.
Couple notes of accumulated experience before doing any moves with strategy explained below:
Never ever use leverage. I have over 500+ full account liquidations and I have smashed monitors and screamed and blown a lot of nerves. With this setup no leverage is needed.
Never ever let a trade go wrong more than 10%.
Never fomo into a pump, unless it's a real big pump.
Always go all-in, never hesitate. Hesitation shows weakness. How can you tell yourself you are sure what you are doing if you only bring 50% of the stash at the exchange you are at? How can people believe and follow a weak-minded person that does not know where she is going? At most you can lose everything, and that is inevitable anyway with a grave or furnace waiting for you somewhere sometime.
Do not trade when sleepy.
Do not go for 2.99USD omelet breakfast while 3x on a $500k trade during extreme volatility on an alt-coin with no stop-loss.
Do not long when price above 7MA in time frame.
Do not be greedy. Close in time.
Do not trade angry or revenge trade.
1-5% profit per day consistently is the goal, not big leverage.
Use Limit order as often as possible.
Find resistance points.
Shorts can max profit of 100% by price going to zero. Longs have infinite upside. Short max 10%.
Long only. Shorting does not work psychologically with this strategy.
Here is the strategy, which is also have written up on the chart. I am using current BTC market at 15min for this strategy explanation because as mentioned above it does simply not matter what the price is, where it is going long term, or fundamentals or other useless indicators claiming to predict the future.
#0 Watch in disbelief how the market continues to rise with no pull backs below moving averages.
#1 Find some historic support that kind of looks like what other traders might be thinking is support simply because they have no idea what they doing while thinking they doing god's work by dreaming of being charting technician analysts at Goldman Sachs impressing the llittlle blad vampifien himself.
#2 Wait for price to dump, never ever buy above moving averages in whatever impatient time frame you are in. Set some price movement alarms and get behind comp when phone rings and it starts to dump. Be greedy when others fearful. You'll know it' a dump when you just step back and chill until it comes. When it looks EXTRA fukt and you real glad you are out of the water, that is when it's time to step into the liquid.
#3 Open aggr.trade on 1 second view & turn on sound. Get ready to fomo all-in.
Adjust limit buy order price by the seconds so it's always slightly above current price.
Hover your mouse on the buy-button ready to fomo all-in.
When aggr.trade changes tone major way and volume spikes, hold your breath 20 seconds, then fomo-all-in slamming buy button. PRAY! You have no control!
Put STOP LIMIT always 0.5% to 1% after FOMOing into trade. If you wrong, then you wrong.
BREAKING THIS RULE IS YOUR SINGLE GREATEST MISTAKE.
#4 Sell ALWAYS ALWAYS on the the 5th candle since opening trade. Pray you can sell it at the top of the candle, but sell while candle open regardless.
In above chart/example, the absolute best you could done by HODLing trade from $12937 to $13154 is 1.677%, but with this FREE™ trading setup of 6x winning trades and 1x losing trade you are at 3.27%. Obviously trading fees eat a lot of profits and this may not be viable in this calm of a market, but during higher volatility or higher time frames this method works great. For me it has worked the best during the craziest volatility, when market is bouncing intra-hour up and down 2-3-4-5-10%. During the craziest times this method works the best.
Trade 1: 13054/12937 = 1.00904
Trade 2: 12988/12937 = 1.00394
Trade 3: 13022/12937 = 1.00657
Trade 4: 13027/12964 = 1.00485
Trade 5: 13044/12955 = 1.00686
Trade 6: 13091/13009 = 1.00630
Trade 7: 12991/13059 = 0.99479
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1.0327%
The best things in life are free. Thank me later.
Where would you enter?A channel is one of the most basic price action patterns
The channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders, and where to take profits.
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Trading channels can be drawn on charts to help see uptrends and downtrends in a stock, commodity, ETF , or forex pair.
Traders also use channels to identify potential buy and sell points, as well as set price targets and stop-loss points.
Ascending channels angle up during uptrends and descending channels slope downward in downtrends.
Other technical indicators, such as volume , can enhance the signals generated from trading channels.
How long the channel has lasted will help determine the trend's underlying strength.
Waiting to Enter on a Channel BreakHello my friend | Welcome Back.
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* Once I have this structure in place, finding the trend becomes relatively easy. When the pair is trending lower, I only want to look for selling opportunities. Of course, the opposite is true when the pair begins trending higher.
Enter in the Direction of the Trend
At this point, you have identified the major trend and found a favorable corrective pattern such as a channel or a wedge.
The next step is to look for an entry once price breaks the pattern.
Ascending Triangle Definition and TacticsHello my friend | Welcome Back.
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***
* The trendlines of a triangle need to run along at least two swing highs and two swing lows.
* Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy.
* A long trade is taken if the price breaks above the top of the pattern.
* A short trade is taken if the price breaks below the lower trendline.
* A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
* A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
Thank you
ICHIMOKU AND RVI BEGINNERS PLAY BOOKNow ichimoku is relatively simple look for buys above the cloud and look for sells under the cloud. so when we backtest that over our 5/5 winners with rvi we get two less entrys, however as a beginner to avoid them whipsaw movements that isnt always a bad thing. The cloud itself offers dynamic support and resistance based of averages. price breaking through the cloud signals a breakout and a change in the trend usually. if new to trading I recommend learning about ichimoku on youtube, its not the all time great plan but if you have no plan its better than that. to keep discipline and entry requirements.
ICHIMOKU AND RVI BEGINNERS PLAY BOOKNow ichimoku is relatively simple look for buys above the cloud and look for sells under the cloud. so when we backtest that over our 5/5 winners with rvi we get two less entrys, however as a beginner to avoid them whipsaw movements that isnt always a bad thing. The cloud itself offers dynamic support and resistance based of averages. price breaking through the cloud signals a breakout and a change in the trend usually. if new to trading I recommend learning about ichimoku on youtube, its not the all time great plan but if you have no plan its better than that. to keep discipline and entry requirements.
Secret Indicator 100% Win For Free Educational Hello Trader's ♥
We Have Today Secret And Great Indicator Give You Signals With 100% Win Rate
conditions of Buy :
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1- Buy When The Price Arrive To Down Line Of Indicator
2- Buy When The Price Touch The Middle Line
!! If The Price Break Out Down Line Wait For Back And Close In Pattern And Buy To Middle Line
conditions of Sell :
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1- Sell When The Price Arrive To Upper Line Of Indicator
2- Sell When The Price Touch The Middle Line
!! If The Price Break Out Up Line Wait For Back And Close In Pattern And Sell To Middle Line
Sell When The Price Break Out Middle Line Down
Buy When The Price Break Out Middle Line Up
Stop Lose For Buy Down Up Line +50 Pips / Or Down Middle Line With 50Pips Take Profit +100
Stop Lose For Sell Up Down Line +50 Pips / Or Up Middle Line With 50Pips Take Profit +100
Risk 2 - 4 % For Any Trade
For More Explain Or Questions Tell Us In Comments
The Name Of Indicator : Bollinger Band + Rsi Strategy
Best Time Frames : 15M / 30M / 1 Hour / 4 Hours ----------
CADJPY Perfect BAT Harmonic Pattern 🦐🦇The Bat pattern is similar to the Gartley pattern in that it is a retracement and continuation pattern that occurs when a trend temporarily reverses its direction but then continues on its original course .
It gives you the opportunity to enter the market at a good price, just as the pattern ends and the trend resumes.
The Bat's main difference to the Gartley pattern is where it completes – at an 88.6% Fibonacci retracement of the X-A leg. Its inner retracements are also slightly different.
As with many patterns, there is a bullish and a bearish version of the Bat.
X-A
In its bullish version, the first leg forms when the price rises sharply from point X to point A. This is the pattern's longest leg.
A-B
The A-B leg then sees the price change direction and retrace 38.2% to 50% of the distance covered by the X-A leg.
Note that the A-B leg can never retrace beyond point X – if it does, the pattern is no longer valid.
B-C
In the B-C leg, the price changes direction again and moves back up, retracing anything from 38.2% to 88.6% of the distance covered by the A-B leg. If it retraces up beyond the high of point A, the pattern becomes invalid.
C-D
The C-D leg is the final and most important part of the pattern. As with the Gartley pattern, this is where the Bat pattern completes and you place your long (buy) trade at point D.
With the Bat pattern, however, you look to place your trade entry order at the point where the C-D leg has achieved an 88.6% retracement of the X-A leg. Ideally, point D should also represent a 161.8% to 261.8% extension of the B-C leg.
How to Find the Best Support and Resistance LevelsRISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
Trader Psychology, Money Management, managing risk Before we got the BIG 14 day correction I was doing EXTREMELY well in my trades (30 winning trades in a row over 30 days). My contract (work) ended the same day the correction started... This post is not about me, it is what I learned that might help others...
I also did OK shorting. I was buying SQQQ and SPXS as shorts and selling them the next day, along with a small long position, in case we went up. I changed my account to be able to trade Futures, out of an idea that I couldn't set STOPS with these ETFs, due to
what is called a "good faith violation" (if you buy an ETF you can't sell it the same day, without a daytrading violation).
Here are the BIGGGEST lessons. The first day I could trade futures I picked a Futures product that has too much leverage called ES1! in TV ( SPX $50/point) in a matter of seconds It was down $6,000. We might THINK that we will think clearly with a big loss.
We might think we will logically think, "I had better take a loss now before it get's worse" but when we are in a trade with a big loss (for us) FEAR set's in and the higher brain functions aren't available.... Our brain core is in control (animal instincts) flight or
fight, ideas like "I know I am right, it will come back", or we go into denial unwilling to accept a loss....
in reality A TRADE sometimes continue to run against us, no matter how good we are we all have losing trades When we have a big (for us) loss, we feel we must IMMEDIATELY get our money back. The reality is that Paper takes advantage of these irrational
feelings, we go into reaction mode, and LOSE more, and more.
So, now that it's clear to me that Futures really are dangerously leveraged... I pick in advance a predetermined loss that I can come back from... For example a single YM (DOW futures) contract at $5 per point with a 20 point stop $100... In advance I dedided
I will stop trading for the day if I have 2 losing trades in a row... The other key is letting your winners RUN... many new traders see a small win and grab the profit before it can run big (like an unmanaged loss does... In fact if you lose big it is proof that you can win biog too!
If you let your winners run.
So beginning on Monday I am going back to my beloved ETFs... TQQQ and SPXL for longs and SQQQ and SPXS for shorts... By buying both just before the market closes, one will go up in value between 9:30 and 10 AM, and as Mojo points out every day, the market usually, more
often than not will run the opposite direction between 10 AM and 10:30. This removes all the stress from trading... all you or I have to do is to sell the winner at 10 AM and dump the other one at 10;30 and we are free for the rest of the day, which is mostly chop anyway
the market can reverse many times a day, and the more we trade the more losing trades we can rack up... For me at least I always make the most from 9:30 to 10;30 if I keep trading I usually give it all back.
I hope this helps those new to trading. As for predictions I think we will probably go up on Monday until 10 AM or so, then reverse to around 10:30.
Another "Paper" strategy i want to point out I have observed is, quite often, Those who Own the Markets, whom I call Paper in chat (The Bilderbergs) take the market one direction from 9:30 to 9:35 or 9:40 then reverse, or reverse several times before picking a direction..
My advice is to be patient and not enter a trade until 9:40.
Good Luck Friends, Kauai Dave
RISK MANAGEMENT : Not more than 1%Many traders would have you believe that a certain trade or indicator is the best way to manage your risk in the Crypto market. But the truth is, the best risk management strategy, is self-discipline.
Specifically, as a trader, you must never risk more than 1% of your total capital on a single trade.
The main reason for this rule is to minimize capital losses in case of harsh market conditions.
By adhering to this rule, you would need to lose 100 trades in a row to wipe out your account. You could even implement stop loss orders to further minimize such losses. Trailing stop loss has proven itself to be the life saver.
Thus, if you risk 1%, you should set your profit goal on each successful trade to 1.5 – 2% or more. When making several trades a day, gaining a few percentage points each day is entirely possible, even if you only win half of your trades.
Trading is about preserving your capital as much as it is gaining profit. By controlling your losses, you can endure tough market conditions and be ready for profitable opportunities once they appear.
USDJPY Stop hunt move up and how to trade it (UPDATE)Hi Traders, thank you for watching my multi-timeframe analysis of this pair.
My trading strategy is based on the simplicity and core of the markets which is Buying and selling.
I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders)
The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me)
provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.
My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .'
I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.
Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.
Wish you good hunt !!
Dave FX Hunter
Previous analysis:
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Upgrade your trading view with my free indicators:
FX HUNTER WEALTH COT DATA - Click the script picture below and add it to your trading view
FX HUNTER COT CANDLE REPORT - - Click the script picture below and add it to your trading view
USDCHF why it didnt bounced as you expected? (UPDATE)Hi Traders, thank you for watching my multi-timeframe analysis of this pair.
My trading strategy is based on the simplicity and core of the markets which is Buying and selling.
I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders)
The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me)
provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.
My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .'
I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.
Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.
Wish you good hunt !!
Dave FX Hunter
Previous analysis:
------------------------------------------------------------------------------------------------------------------------------------------------------------
Upgrade your trading view with my free indicators:
FX HUNTER WEALTH COT DATA - Click the script picture below and add it to your trading view
FX HUNTER COT CANDLE REPORT - - Click the script picture below and add it to your trading view
Dollar index Accumulation phase (UPDATE)Hi Traders, thank you for watching my multi-timeframe analysis of this pair.
My trading strategy is based on the simplicity and core of the markets which is Buying and selling.
I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders)
The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me)
provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.
My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .'
I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.
Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.
Wish you good hunt !!
Dave FX Hunter
Previous analysis:
------------------------------------------------------------------------------------------------------------------------------------------------------------
Upgrade your trading view with my free indicators:
FX HUNTER WEALTH COT DATA - Click the script picture below and add it to your trading view
FX HUNTER COT CANDLE REPORT - - Click the script picture below and add it to your trading view
