Note: I needed to publish this with 15m timeframe. But for best results (more exact values) I always draw the lines with 1m timeframe, and scale up to 15m for evaluation.
The Theoretical Base: Mathematics.
The basis of my approach is the infinitesimal calculus - remember math in school? The first derivative (D1) of a function is the rise of its curve (here: how...
Good Morning traders!
Price has again lined up with the forecast I outlined yesterday. I do not claim to be right all the time however recent PA has been reasonably predictable which has been a great thing, I hope you are learning!
Looking towards today we have a VERY obvious area for potential mitigation, these bearish orders have never been protected, as...
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(XBTUSD 1W Chart) - Mid-Long-Term Perspective
If the price is maintained above the 27650.0-29350.0 range, it is expected that the uptrend will continue.
Good Morning traders!
Overnight markets have had a substantial recovery on the back of news the Evergrande will begin repaying the interest on at least one part of its loans.
We are not out of the woods by any means. Price is resting right on the neckline retrace EXACTLY where I predicted we would find resistance.
While I did say I would be looking for buying...
Done to test specific angle of uptrend which the fib channel is tuned to.
Also testing how time fibs might separate stages of the cycle.
Time fib settings :
Prebullrun correction (0 - 1)
Reversal (1 - 1.272)
Rapid growth (1.272 - 1.414)
ATH registration period before reversal (1.414 - 1.618)
DATES OF TIME FIBS:
1.414 (14th FEB 2021)
1.618 (31st JUL 2021)
If you like to use signals to trade manually or automate your trading, you will probably like this indicator!
How did I make it profitable ?
The script never trades against the market. It uses a powerful Trend Detector that filters trades who don't take place in market convergence!
A Smart Combo of Technical Indicators to catch the most likely tops and...
Pattern Simulation through fib ratios.
Method shift: these are vectors, not channels. Coverage of not just the direction but the pattern itself. The fact that vectors are tuned to "Highs and Lows" of the fractal helps to recreate a scenario with timing.
I wouldn't even use sinewave for this, because there is a better substitute.
Most people don't know this about me, (and 100% won't care) but I love astrology. The stars, the unknown, the mystery, all shrouded in darkness. I have questions and nobody has the answers. Probably part of the allure, I'd imagine.
I also love Technical Analysis. I don't consider myself amazing by any stretch but...
I believe risk management is key, because sometimes, finding the perfect entry will not be enough.
The market is what it is, and nobody can predict with 100% accuracy how the price will behave, even with all the great indicators we got out there.
With that in mind, we should come prepared that the price will go against you, and we should take advantage of it,...
I am certain that in the coming years, the lack of confidence in the public sector is going to continue falling and stopping this train is extraordinarily difficult. You should also note that the position in BTC (which is itching to move higher) is now operating with a successful halving and in a world where Keynsian economics seeks salvation.
In this game, the...
Hi Traders. Today's I'm going to discuss about "Fear of Missing Out (FOMO)". It is a very common trait among new and experienced traders. Till present, I still have this 'evil' occasionally popping out leading to unnecessary loss. One thing to remind yourself is that, emotion isn't something you can eliminate completely. Human beings were made with emotions, what...
Good Afternoon traders!
BTC is continued to move mostly inline with my expectations, we are having a reasonable rejection of the area I marked out and its a good place for buys. We have got a massive discount, what more are you waiting for?
While I am currently more bullish than bearish, I do still 100% believe that we can head to the 37k area as mentioned...
BTC and ETH trade at the lower edge of a falling mid-term channel (which I have called in my ideas since Sep-03), after decisive bearish moves on reasonable volume. I think we will continue for at least yet another swing up/down.
I will trade this (on ETH for higher volatility) between the two fib lines of the last large uptrend, where I will look for exit /...