Headed toward higher highs on the EJ, candle stuck in a doji formation until the Market opens. RangeFinder shows we are in a range, but I'm still bullish, seeing as sentiment since october has been bullish. I won't become bearish until around 128.26. If we go above 129.6, I'll be extremely bullish.
As you can see my positions on BNB/USDT have been fulfilled at $13.23
We went through a longer period of ranging before finally breaking out to the upside.
I made a total of 11% average across 50% of my capital balance. Those DCA buy ins really helped.
Yes this is my 3rd buy in for this one. Yes I'm now 50% of my Capital in.
3rd Time is a charm! It looks like EWO is only gonna get to -2.6 before pulling back up. I took my trade on the 2nd bar from peak, where the green line is.
This is based on my -3/+3 EWO Strategy for BNB/USDT.
EWO has corrected almost back to O from a dip to -3 where our strategy generated a buy signal twice. When EWO turns green and rides up to +3, we will sell.
You can see I used Dollar Cost Averaging to double down on the 2nd dip past -3.
Do you like this strategy? Let me know in the comments below!
Turns out -3/+3 is a GREAT place on EW for signal on BNB/UST. Buy on -3, sell on +3 EW. These numbers aren't solid for every pair, however. I wouldn't use -3/+3 on just any pair. You have to look back and do some testing. BE PATIENT! This method can take awhile to generate a signal, but when you do it ROCKETS.
This trade is about 6% profit.
BTCUSD 4Hr chart Buy/Sell Strategy.
BUY when EWO = -10
SELL when EWO = +10
I've outlined the BUYS and SELLS based on this strategy on the 4HR chart. Consecutive buys or sells assumes you are not trading your entire capital in one trade. NEVER do this. Split it up into AT LEAST 5 trades. Ex. a 5BTC Capital Balance would take 1BTC per trade.
EWO TRADING STRATEGY. ONLY TAKE 1/4 OF YOUR CAPITAL PER TRADE IN CASE YOU NEED TO DCA.
BUY RULES: BUY -10 OR LOWER, IF EWO FALLS BELOW -10 AND CONTINUES BELOW -20, DOUBLE DOWN WITH DOLLAR-COST AVERAGING.
SELL RULES: SELL AT +10 EWO.
YOU CAN USE +5/-5 ON THE 1HR CHART, JUST EXERCISE MORE CAUTION WITH IT.
THIS STRATEGY IS RESPOSIBLE FOR 204% IN 5 MONTHS.
We are showing support around this 38.2% fib line. Good chance to hop up and down all night until we hit a continuation.
If you care to donate and fund my trading habits, I would kindly appreciate that! (PS funding my trading habits means more charts like these Daily!)
I should have bought long HERE when the Heiken Ashi changed direction, but I missed it.
But I'm still in profit. I entered on the big green arrow. "Buy the dip" on a bullish run.
Use Heiken Ashi for a smoother entry.
There's only 3 rules for this method.
2. Wait for pullback
3. Enter on first candle after the pullback.
So if you have an overall...