- 0
-
General Statistics
-
Total Topics23,043
-
Total Posts95,434
-
Total Members43,656
-
Most Online7,522
10/06/21 10:53
-
-
Posts
-
The crypto market appears to be showing signs of recovery, with significant improvements in the Sharpe Ratios of Bitcoin, BGB, and Ethereum, according to an article published on Friday. The Sharpe Ratio, a measure used to understand the return of an investment compared to its risk, has seen a notable increase for both cryptocurrencies. Bitcoin's Sharpe Ratio has risen from -2.4 to 0.68, while Ethereum and BGB have also experienced a similar uptrend. This change signifies higher returns at lower risk, which is expected to attract more investors to the crypto market. In addition to the improved Sharpe Ratios, increased network activity and trading volume as shown on CEXs like Bitget, Binance, and a few DEXs are suggesting a healthier market state. The current trading prices of Bitcoin, reflect this overall positive market sentiment. As of Friday, Bitcoin was trading at $27,069.73, BGB at $0.454 and Ethereum at $1,677.89. These developments are significant as they indicate reduced risk in the crypto market. The increase in the Sharpe Ratios for Bitcoin, BGB, and Ethereum suggests that these cryptocurrencies are becoming less risky investments, which could potentially lead to an influx of new investors into the market. Could this rise in Sharpe Ratios coupled with increased network activity and trading volume point towards a recovering and less risky crypto market?
-
Hi, That's great, thank you very much. Very helpful! Many thanks.
-
By tradinglounge · Posted
Texas Instruments Inc., Elliott Wave Technical Analysis Texas Instruments Inc., (TXN:NASDAQ): Daily Chart, 29 September 23 TXN Stock Market Analysis: We have been moving lower as expected from the previous forecast. Looking for continuation lower as there is an incomplete bullish sequence. Looking for extension lower in wave {iii}. Downside target stands below wave (W). TXN Elliott Wave Count: Wave {iii} of C. TXN Technical Indicators: Below al averages. TXN Trading Strategy: Looking for shorts on the way down. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Texas Instruments Inc., TXN: 4-hour Chart, 29 September 23 Texas Instruments Inc., Elliott Wave Technical Analysis TXN Stock Market Analysis: As we are getting an overlapping structure in what could be a wave {iii} there is a high chance we will see an acceleration lower to then see a series of fours and fives. TXN Elliott Wave count: Wave (iii) of {iii}. TXN Technical Indicators: 20EMA as resistance. TXN Trading Strategy: Looking for shorts on the way down.
-
Question
TraderGT1
Hi guys,
I thought I would share another experience on my trading journey and it's one that appeared from nowhere like a Tyson uppercut. I'm hoping you can share your experiences so other may benefit.
= ENTRY =
I identified a solid entry for a short trade on GBPNOK. Even with my broker spread of 80 pips it was still worth the entry.
My execution chart was the H1 so SL was placed on the safe side of the 200EMA on a bearish correction from earlier volatility. TP was placed just less that half way into previous price's supply and demand zone. (See bottom pic).
While I was filling in my trading record I heard the broker ping indicating the trade had closed. I checked and indeed it had. The chart did not display a hit on the SL so I rang the broker. During this time I noticed the spread was erratic and fluctuating from 80 to more than 200.
= BROKER COMMENT =
The broker informed me that because it was a sell trade the relevant price to view was the ASK price and not the default MID price. (See top left pic). I switched price views and I saw significant bullish spike on the M15 chart which had exceeded my SL. (See top right pic).
And then this morning the TP was hit.
= DISCUSSION POINTS =
Has anybody experienced this before? Do you switch candle views before you trade long and short? How can we prepare for this on our entries? What is your broker spread on GBPNOK?
Thank you for reading and sharing your experiences if you do.
Link to comment
3 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now