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Caseynotes

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Everything posted by Caseynotes

  1. The Academy is good and won't take long to get through (recommended 1 month ago). The Cred Study Guide is better and will take a little longer (recommended 2 weeks ago). do the guide first watch the videos later. https://docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/preview?pru=AAABaf3_sQE*PXVDTaKtvm5VtQcvpBug2w
  2. Yes you are framing the chart to see what you want to see rather than just what's there, you can't see a wedge by just ignoring the prior peak ( 2). The chart structure is saying; 1 tried to break lower from S1 - fail. 2 tried to break higher from S1 to the pivot, got a good distance then failed and fell back to S1. 3 tried the same move again and even worse failure. 4 try again, dismal. the next most likely move was another try lower towards S2. But then came the news flash and the sudden move up, as usual it was overdone and price has since retraced 50% (white line). If you look too hard at a chart you will eventually see whatever you want. From the book of Cred verse 19. After enough screen time, you should be able to look at a chart and within a very short time ascertain if there’s a trade there. It should scream at you. If it doesn’t, there’s probably nothing there.
  3. Tis not scoff, I'm not keen on patterns on lower time frames, if you look hard enough you will see them everywhere though can't really see your wedge at all. I stick to dip buying between significant levels. Price was moving sideways along S1, I was waiting for a pullback on the way to either to the pivot upwards or S2 downwards. Price did move up and there was a pullback but without much continuation, price fell back to S1 when the news sent it parabolic upward. These moves are usually overdone and a steady correction is the most likely move to follow. I see from your more recent post you mean a channel and are jumping around on the time frames to find it, on the start of the impulse move there was no channel or wedge, only a trendline of sorts (2nd chart) with a lower high failure before the news. I am reminded why I don't like patterns on lower time frames.
  4. And the init2winit cried "Oh Dear God! Help Me!" And the demin cried Oh tis "based largely on luck." And God looked down and took pity and spoke thusly "A system means an actual system. Rules, diagrams, flowcharts. Not platitudes." From the Book of Cred verse 18. https://www.crypto-world.gr/en/trading/cryptocreds-70-trading-advices/
  5. Sorry to disappoint as usual but an impulse move on news is not a 'set up' (EU to recalc inflation targets Euro down index up). It's just luck with fomo.
  6. yes, it turns out that the market really doesn't care about your feelings apparently 😢
  7. Once you've done the planning what's left to do but pull the trigger. nothing. better that way round than scrambling to cobble together some kind of a plan after you're already in it up to your neck 🙂
  8. Was there not any kind of description given, was it a quarterly inactivity charge?
  9. Recently CryptoCred did a 70 tweet thread on trading tips, someone has kindly reproduced them all on a web page. 70 short, sharp, hard hitting truths, tips and general advice. https://www.crypto-world.gr/en/trading/cryptocreds-70-trading-advices/
  10. Finds support at 9061 then checks resistance at 9966, recent short term support overnight at 9628 and looking now at another test of the resistance level, failure should lead to a test of 9061 support. H4 chart;
  11. US Oil tries to bounce up off 56.34 overnight, stronger support just below at 56.08. As gold traders Oil will be watching the indices closely for direction.
  12. Gold topping at 1429 on this recent rally and will look to test that if indices continue to slump. H4 chart;
  13. Dow will be trying to hold here after falling back having failed to make gains yesterday and showing something of a triple top on the H1 chart. Dax put in a strange 1 minute 70 tick fall at 1:15am that was immediately bought back up but is looking to test that low now.
  14. All starting the day looking for support, from the daily chart Dax has a recent low at 12166 and Ftse at 7482. Dow has some support here at 27130 or below at 27030. Below on the S&P daily and of particular note to this sell off is the low volume which is more indicative of profit taking rather than a strong uptake of new sell entry orders.
  15. Overnight Indices and USD down, Bonds and Oil up, Gold down Cryptos up. Chart Caterpillar down 2.6%. UK retail sales 9:30, US jobs data and Philly Fed 1:30pm.
  16. Might be related to the number of charts you have up on each platform, in spite of overall computer cpu and memory, do you have a lot more running on the IG platform? added: and the overall number of indicators running on each platform.
  17. That was written long ago and IG have tightened up since then, I think PRT from PRT is around £40/month though IG will be getting a discount job lot price. Not sure what you mean by 'faster', I doubt the actual price feed latency is better on PRT though maybe chart loading might be?
  18. BTC trying to break lower again passing through the recent low 9226. H1 chart;
  19. Thanks, I wondered about that after I wrote it as I didn't remember seeing it on the IG Labs list.
  20. hi, not available on the online platform as yet and yes this has been requested before and put forward for consideration but additional requests will add weight. Currently for HA or Renko charts you would need to use either the MT4 or the Prorealtime platforms.
  21. Dax pirouetting around the pivot testing the recent high/low 12395 and 12430 while Dow sits over the pivot but as yet unsure which direction to take. H1 charts;
  22. BTC drops below the June low which may now act as resistance (9626) while 9226 is recent support. H4 chart;
  23. Yes a big move down sending RSI into oversold (doesn't mean buy) with support found at 57.16 and is back in a small consolidation range from early July, stronger support further down at 56 but may pause here before testing higher or lower. H4 chart;
  24. Still tracking sideways, has reached down to retest recent support so currently ranging between 1400 and 1418. H4 chart;
  25. Hi, not on the online platform though there was talk a while back that performance metrics could be added. You can get this on the MT4 platform, not sure about the Prorealtime platform.
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