Litecoin (LTCM19) Chart Analysis (BitMEX)(10X Lev.)(100%+ ROE)My dear readers and supporters... Come on, show us some love.
Here we are looking at Litecoin (LTCM19) on BitMEX.
I am getting the feeling that it can break to the upside here. There is a room for one last drop though, maybe small.
Notice how LTCM19 moved up to EMA50 (magenta line) and was rejected by it but without strength, it remained trading just below this level hitting it over and over.
There was an attempt on 30-May to push LTC down but it quickly bounced when it touched EMA10.
The RSI remains strong.
The MACD looks weak, but not a big deterrent.
Possible scenarios are drawn on the chart.
Feel free to hit like to show your support.
If this trade idea receives over 111 likes, we will share a full trade for LTCM19 with 5X leverage and over 100% profits potential.
Thanks a lot for reading.
Namaste.
Search in ideas for "BITMEX:"
[ADAM19][7X][LONG][262% ROE] Cardano on BitMEX Mid-RiskThis is our full trade for Cardano (ADAM19) on BitMEX.
Let's remember some of the basics:
Leverage trading is super high-risk and intended only for experienced/advanced traders. Beginners need to trade on Binance, Bittrex, Poloniex and other none leveraged platforms.
This is not financial advice. All information shared here is for educational purposes only.
Always secure profits by selling on target.
Enjoy the profits once they come.
Feel free to hit like if you want to show some support.
Enjoy the trade.
----------------
Trade: LONG ADAM19
Leverage: 7X
Buy-in: 0.00001000 - 0.00001050
Time frame: 1D
Targets:
(1) 0.00001240
(2) 0.00001315
(3) 0.00001360
(4) 0.00001410
Stop-loss: Close 1D candle below 0.00000920
Liq. price: 0.00000905
(Buy-in calculated at 0.00001025)
Potential profits: 262% ROE
Capital allocation: 3%
----------------
Namaste.
Cardano (ADAZ18) LONG on BitMexCardano (ADAZ18) is looking beautiful for a LONG. I already bought some on BitMex.
I am looking mainly at the chart on the left, which is the daily time frame.
A strong bounce happened when 900 satoshis was hit.
Both MACD and RSI show bullish divergence.
RSI is trending up and about to enter bull territory.
ADAZ18 is now trading above EMA10.
Based on the signals above and overall chart structure and market cycle, I am opening a LONG position for ADAZ18. We are also trading ADABTC short, mid and long term.
Hit LIKE if you found this article useful.
Thanks a lot for the continued support.
Namaste.
XBTUSD @Bitmex and snipers idea in combine with scriptHi i dont hope it but here is my idea of XBTUSD @ Bitmex.
I use my script well and have a Long open. I think we wil not bounce at next top supportline. Dont hope that thecup will break
What is your thinking?
The lines are used by "Sniper Star". Each Coin has his allways back coming angel degree lines. XBTUSD has alone 14 pcs of lines that allways came back.
If you wanna have more information, contact me at twitter or leave a comment.
Thx
Long LTCU18 Bitmex Elliott Wave IdeaHey everyone.
My thoughts on LTCU18 on Bitmex.
Looks like we saw 5 waves down, and now it should retrace upwards. I think 0.382 Fibb level.
Comments are always welcome
Short setup for EOSU18 on BitMEX - Elliott wave based analysisHey,
My setup for short analysis for EOSU18 on BitMEX.
Idea - bearish dilvergence on RSI+price, should go lower plus elliott wave count can show we should have wave 4 retrace downwards.
Please share your idea's if you think about something.
November 29th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)
Hello,
It’s BitcoinGuide.
Hope you are used to my analysis.
Today I also brought you a strategy,
which can be helpful for your trading.
Please “Follow” me and press “Likes”
Now let me begin XBTUSD Bitmex Chart Analysis for November 29.
This is 30M chart for yesterday.
It moved with route B. After a rebound, I closed my position according to the principle.
It dropped right after.
However, always remember to keep the principle.
Trading without stop-loss, or depending upon luck cannot be considered a skill.
Today in my analysis,I would like to introduce some information about drifting sideways.
Based on 30M chart Bollinger band, if a trend does not continue from the resistance/supporting line to the next timeline(1H, 4H, daily chart), it is considered “Drifting sideways”.
So as to say, it did not have a movement from the resistance and supporting line of 30M chart.
In this case, it is very hard to predict direction.
Even Zeus cannot make profit except scalping.
The blue box above shows 30M chart Bollinger band’s movement limit.
The blue arrow indicates the point where the trend stopped from resistance/supporting line.
If you look at the first vertical red line, the wave should have appeared from this position, however, it passed along with the middle between route A and B.
So we can suspect that this could be drifting sideways.
If you look at the second vertical red line,
It is where the daily chart finishes.
To summarize again,
The daily movement is limited.
So if a trend does not come out where it should have been, it ends up with drifting sideways even though it expands its wave later.
It is called butterfly-effect.
The butterfly effect should expand slowly from 1 minute chart to 1H chart. And then the trend could come out at the point with a right timing in a day.
However, if the wave starting from 1M chart stops at 30M chart, the trend cannot expand further.
Accordingly, the movement within 30M chart can be called “Drifting sideways”.
Also, I explained about how to enter short position yesterday in real time basis.
The price could not touch the resistance line of 4H chart, so it dropped strongly on today morning(Korea time basis)
Please keep in mind about this.
Today’s strategy.
This is 30M chart.
Please keep your eye on convergence section of red trend line, and green supporting parallel line.
I will explain the major sections.
1. Please check route A(long position) and B(short position) with entry points and prices.
2. If it follows route A, please check whether it goes down below $7,554 which is entry point for long position. (If it goes down, it would fall along with route B.
Finally, please check whether the price goes above the red trend line. (If it does, it could have a shooting)
3. When it goes along with route B, please wait at $7,465.
One thing you should check is whether it touches the resistance line of Bollinger band for 30M chart. If it touches, you should wait for the next chance. (Way of entering short position)
This is it.
I briefly mentioned about “drifting sideways” above.
If it does not seem to have a necessary amount of wave at the entry point, you should always consider the possibility of “drifting sideways”.
Furthermore, I checked “Sad face” and “Smile face”.
If the price goes up or below, it could be considered as uptrend and downtrend.
Lastly, on weekend, Futures exchanges are closed. So it can be a huge variable.
The price should go to $8,500 directly or by way of detour, then we can strongly expect that uptrend would continue.
So in order to go up, the price should not fall strongly from this point and should be supported.
I will share the details with the result for the next month.
Hope you had a good week,
I will come back to you with FX margin trading in the afternoon.
I will see you on next Monday.
Thank you all.
(Translation help.
Jae Ho Shin.)
Bitcoin Today: BitMex sneaky shutdownPrice
Bitcoin price jumped by as much as 7% almost instantly at around 1:00 UTC today. Many connect the movement to BitMex shutdown, as it was giving a huge arbitrage opportunity to traders. Nonetheless, the movement led the price out from the 6250 – 6600 channel. 6900 level appeared to strong and stopped the growth, eventually pushing the price down to the 6600 level, which transformed into a support after the breakthrough. For now, traders are digesting the news about BitMex, which eventually could lead to the conclusions that there are no reasons to buy now and send the price back in 6250 – 6600 zones. And don’t forget that everyone is waiting for SEC decision on ProShares Bitcoin ETF, which will be the major driver.
Today forecast
Trading in the 6600 – 6900 zone. Possible comeback to the 6250.
Latest news
BitMex shutdown was a wild trading opportunity
Yesterday Bitcoin price jumped, breaking above 6600 level and almost reaching 7000 high. The move coincided with scheduled maintenance on BitMEX, a derivatives trading platform for bitcoin and other cryptos. And insiders say the move precipitated some wild trading.
The platform went down at 1 a.m. UTC today — which was the exact moment that Bitcoin spiked. Prices peaked at 6899 before easing back to the 6600.
Industry insiders indicated the spike appeared to be directly related to the BitMEX shutdown. Hunter Horsely, the CEO of Bitwise, told Business Insider that the shutdown sparked a widespread trade to buy.
"It is a silly short term trade," he said. "Buy when maintenance starts. Sell when ends."
In addition, as soon as BitMEX went down a big arbitrage opportunity opened up for traders, according to Dave Weisberger, chief executive officer of CoinRoutes.
"Bitfinex led it up to 6800+, but when GDAX caught up, their clients were paying over $100 too much when the other exchanges all fell back to 6700," he said. "There was a real arbitrage for a while when this all happened."
Such price variations were common at the end of 2017 during the major rally towards 20000, but have since dried up. In such situations, a trader can buy up coins where they are priced lower to sell on venues on which they are priced higher.
In three hours after shutdown BitMex announced the completion of work, but stated the difficulties with access to the site, confirming that the reason is a large DDos-attack, which is why many users had difficulties with logging into accounts.
Bitmex position asymmetry responsible for BTC crasheBitmex is a hyper speculative platform built on a simple principle: short positions are less risky than long positions. If you calculate your liquidation price, for the same
amount, entry price same, same leverage but fid different positions being short will give you more space for price action upward. Your risk will be lower and so, under high uncertainty being short results less risky. If we think that on Bitmex we can always exit at anytime and enter at anytime this makes of Bitmex the real Demand/Supply BTC market. A 190 million Dollar liquidated in a few hours is definitely influential on the BTC price action.
Bitmex shorts have dumped the market plenty of times and those are not use cases, real world application, just speculation where being bear is less risky.
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Grey Trading BitMEX Portfolio System: 5927% 2018 to PresentDear traders,
First of all I want to begin with a piece of research I did in October 2018 on the relationship between the US stock Market, the US Dollar , US Treasuries and Gold Bullion ( Commodities ).
I analysed if there was a relationship that High Net Worth Individuals adhered to when moving their assets. In particular I was looking at the Rockefellas over the last 120 years. I found a relationship between the 4 main assetclasses (Equities, FX, Bonds and Commodities ). This relationsip can clearly be observed on the Monthly timeframes, and lower timeframes and provides a very insightful look at where we are in the grand scheme of things. Let's begin:
Observation 1: When the Stock Market crashes (DJ30) Gold also went down. This happened in 1929 to 1933 (DJ30 lost 90%), 1937 to 1938 (DJ30 lost 45%), 1970 (DJ30 lost 38%), 1974 (DJ30 lost 42%), 2000 (DJ30 lost 30%) and 2008 (DJ30 lost 50%).
Observation 2: When the Stock Market Crahses HNWI's move into Dollars when they sell of the stocks causing a rise in the dollar, and then they move into bonds - US Treasuries. The US dollar Index increases prior to the crash and then the big money goes into bonds. All the stock crashes have come after decade long stock rallies. When the stocks are rallying hard the Central bank attempts to cool down the economy by increasing interest rates - which is what we have seen the Fed do since December 2015. When the Coupon HNWI's can get on Bonds becomes reasonably substantial and they have made alot on the stocks they prefer the risk adverse trade. Basically they can lock in a good amount risk free on billions of dollars and they know if they don't sell off the stocks the Central Banks will raise rates again. So even if one HNWI doesn't immediately bite at the Treasury Bond Yield there may be other HNWI's that do and that will cause the stocks to fall. So these HNWI's know it's inevitable and act ahead. As more and more of the money comes out the stocks crash. Dollars go up, then that goes into Bonds whilst the market tanks.
Observation 3: Where is the stock bottom? Once the market crashes we reach the end of the Business Cycle. HNWI's then sell apercentage of the bonds and put money into the stock market again. This time they will hedge their bet. They will typically invest 90% into stocks and 10% in Gold . Which is why Gold rallies after the crash as they use Gold as a hedging tool when reinvesting back into the market.
Observation 4: Gold increases hand in hand with the stock market for a number of years until the stock market makes a new high. Once the stock market makes a new high this gives the HNWI's enough confidence to sell of their gold and move that additional money further into Stocks causing a second wave rally in the stock market to greater highs. Whilst Gold stagnates. This happens almost every time and happened recently.
I the looked to see if this observation could be seen in microcycles on lower timeframes such as daily as opposed to monthly - and yes it can.
Where are we now in the cycle?
Stocks have just rallied over the last decade, bonds are now appealing so HNWI's are moving out of stocks into USD and bonds. Gold will go down with the DJIA over the next 2 years. BREXIT and Europe's PIIGS will trigger systemic risk. Big Players are now shorting UK banks ahead of the BREXIT turmoil. There also needs to be new technology near fruition for stock marke growth. The tech industry has hyped up there AI abilities - yet the Singularity is said to be in 2030 not 2020. Thus it makes sense we will go into a Recession and then rally after towards the AI Singularity.
So where does this leave cryptocurrencies? I believe cryptocurrencies will behave like commodities and also go down with Gold . The last thing that Central Banks need is Bitcoin rallying back up to 20K in the next 2 years whilst the Recession hits aswell. I also believe that bitcoin will over react to the drop and will drop far below 1000USD. I expect this to play out over the 2 years until we reach a bottom.
So how does one make any money in these kinds of markets?
We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next.
We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip.
Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered.
We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X.
Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week.
I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete.
On our website we have two free downloads - Empowering Futures and Getting Started.
The first one is about our story and who we are, while the second one shows you where to begin and what you need to do.
If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks.
2018 to 2019 Results: 5927%
XBTUSD: +70%
ETHUSD: 363%
TRXXBT: 184%
LTCXBT: 15%
EOSXBT: 343%
BCHXBT: 496%
ADAXBT: 414%
XRPXBT: 120%
Best regards,
Grey FX Empire
Bottom shorting and BitMEX 10x liquidation level CONSPIRACYThis chart shows levels at which people entered short and the levels at which they liquidate using 10x leverage on BitMEX
Blue boxes short entry
Red boxes liquidation level
Volume profile indicator seen on the left was used to determine this.
WHITE - BUY VOLUME
GREY SELL VOLUME
Life is full of coincidences right?
Look at how quick liquidation levels are reached after shorting the bottom
Then look how quickly the price drops again afterwards.
Still think trading contracts on BitMEX is a good idea?
The indicator is only available with a trading view subscription
If you don't already have one, please use my referral link.
Click the link then go to sign up.
tradingview.go2cloud.org
If you noticed the Dynamic RSI indicator at the bottom,
Yes it indicates buy and sell levels and supports alerts.
For more info please head over to this Telegram channel for details on how to obtain.
t.me
Just mention Flinty sent you
ETHUSD 15m Strategy with Backtest Results on BitMEX!Hi guys, I'd like to share a strategy for BITMEX:ETHUSD in 15m timeframe.
The goal of the strategy is to get the highest win/lose ratio possible, in order to eventually use a little leverage :)
The idea is to use a trend line that will trade only short when it's declining, and only long when it's rising.
For that I used a 125 EMA.
Now for the entries I used some RSI kind of divergences, you can get them with my free Cyatophilum RSI script and setting 125 as highest and lowest length in the parameters:
On top of that I added a 5.5% simple Stop Loss with a 1.5% Trailing Take Profit with 0.2% deviation.
And you get the backtest results below.
For this I used my private indicator the Cyatophilum Ultimate Trading Bot . You can get it using the link below!
Here is the configuration :
Enjoy!
EOS Token Higher Lows on BitMEX (125%+ ROE on 10X)EOS Token (EOSM19) is showing signals of an upcoming change of trend.
I am looking mainly at:
Chart structure.
Higher lows.
Support holds.
Indicators turning to the bull side and gaining momentum.
General guidelines and tips for Alan Masters BitMEX trades
Please remember that this is for experienced/advanced traders only, not beginners, Binance, Bittrex, Poloniex and such for beginners.
This is not financial advice.
IMPORTANT TRADING TIPS FOR LEVERAGED TRADES
Secure your profits. Sell 50% of your holdings on the first target to secure profits.
Secure your trade. Raise stop-loss above buy-in price after hitting the first target.
The above tips are valid for all of our BitMEX trades. These rule of thumbs can be used to maximize profits.
Want to see a full trade for this EOSM19 set-up? Make sure to hit like.
If enough people hit like I will share a full trade with buy-in, targets, capital allocation, stop-loss, and additional information.
Thanks a lot for reading.
Namaste.
[XRPM19][LONG][8X][177.28% ROE] Ripple on BitMEX @alanmastersTo all those great supporters who hit like in my previous Ripple (XRPM19) chart analysis , here is the full trade for BitMEX as promised.
But before we go there, let me share a few warnings as this is only for advanced traders:
All the information shared here is for learning, educational and entertainment purposes only. This is not financial advice.
Trading on BitMEX or any other leveraged platform is highly risky and not intended for beginners, rookies or people who can't take a loss.
Trades can do great, generate massive profits fast, just as they can generate a loss.
If we hit, we are happy, we take the profits, we are grateful, say thank you and move on.
If we take a loss, we continue being happy, we adapt, we learn and continue with the next call.
So it doesn't matter whatever happens, remember that you are a Divine Soul.
Ok, please follow me now... Let's trade! (Remember to hit like).
-----
Trade: LONG XRPM19 by Alan Masters
Leverage: 8X
Buy-in: 0.00005400 - 0.00005700
Time Frame: 4H
Targets:
(1) 0.00006090
(2) 0.00006250
(3) 0.00006490
(4) 0.00006780
Stop Loss: Close 4H 0.00005400.
Liq. price: 0.00004995
(Buy-in calculated at 0.00005550)
Profit Potential: 177.28% ROE
Capital Allocation: <6%.
-----
Feel free to hit like to show your support.
Thanks a lot for reading.
Namaste.