Result - Using Order Blocks to Predict Bitcoins MovementHere is the result from our first practical demonstration of the effectiveness of using order blocks (stop loss orders) and liquidity analysis to predict price movement on BTC.
Both the upwards movement and downward moment was able to be predicted with absolute accuracy.
I hope this result serves as proof for my thesis:
What moves Bitcoin is Stop Loss and Liquidation orders, which can be analyzed by looking back at open candles and length of consolidation to predict speed.
And
There is no market manipulation other than price being CONTROLLED to attract positions to be opened and consequently stop loss orders. Fast, sudden movements are a natural phenomenon caused by traders stop losses triggering into one another. Traders manipulate themselves.
I have applied this to two more examples on the higher time frames. And as those complete they will be reviewed.
PLEASE SEE ORIGINAL IDEA LINKED BELOW AS WELL AS OTHER PLANS AND IDEAS RELATED.
Any questions please comment below.
Traderesult
Weekly Trading Recap: USDJPY, EURJPY, XRPUSD, Sept 11 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
USDJPY:
First Entry: +1% profit.
Second Entry: Running about -0.5% loss
Full analysis/forecast:
EURJPY:
First Entry - 1% loss
Second entry -Running about +3% profit
Full analysis/forecast:
XRPUSD: Closed down for +1.5% profit
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo