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121

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Posts posted by 121


  1. You are a genius. I was thinking it could ***** 17700 without the Fib stuff just by looking at the patterns of last time. Then again if the rest of the market thinks same it may not get there because everybody is looking for the next buying opportunity !


  2. I put out yesterday that last Bitcoin downturn to 10th December lasted 12 x 4hr bars. We are on number 12 now till midday GMT. The low occurred last time in bar 12 Have we seen the low already? Market would suspect a real fix if we got exactly same pattern as last time !

     

    Ether looking strong. Maybe Bitcoin is going to wait till Ether hits where Bitcoin started the year.

     

    I'd said it before but I would love Ether to end the year where Bitcoin started, and of course for Bitcoin to hit 20,000 or even a Fibonacci number like 21,000.


  3. Maybe you missed reading this last week........... (and yes I am using IG charts)  also has been having some really good conversation teaching people what you talk about and where they can get more information from. I am self taught and believe that I am unique and original therefore I'm no good at same.  

     

    "Re: Santa Rally 2017

     

    Tuesday

     

    Part two in answer to your question @Caseynotes this is how I am using Bolllinger's forget what the books say !!

     

    Using say 20, 3.00 many or most will be using 20, 2.00 to mark out the terrain - this is the first advantage (you can change to whatever suits your research best). You need two significant points nearest the current price/target. One line for peaks, and the other for troughs. Use the upper and lower Bollinger Bands to pick out your points many or most will be using actual prices - this is the second advantage. Then its a simple matter to back check and see what happens when price/target hits or crossess over your trajectories - if 20, 3.00 isn't working well then make adjustments till you think you got an edge (artistic license). Also research the horizontal trajectories created by the peaks and troughs of the Bollinger Bands see what happens when price/target hits or crosses over them.

     

    Enjoy!

     

    P.S. The above has nothing to do with my work with algorithms and the Nikkei 225! When the above works or doesn't is up to you! You always need to do your research be able to calculate the risk reward ratio when price/target hits or crosses over your trajectories - some people can do this in their head and by memory others can't."

     

    ****** New*******

    The third advantage - not every time frame enables you to draw trajectories like I've described. You have to go looking but not get too close for wipe out. That's how I caught the Bitcoin break there was massive force breaking the ceiling on timeframe I homed into. I had to do my research at lightning speed to find out when such massive force had last been used (see my chart with arrows) then see what the outcomes were going forward (all my own original thinking and it worked). Many or most people aren't flexible enough with time frames, and clueless how to navigate them to their advantage.

     

     


  4. To understand what I'm up to here i.e. my approach you will have to read two postings I did one for Savvyscot in my Nikkei section of my posts and another on how I use Bollingers to Caseynotes in the Bitcoin section of my posts. I am creating trajectories ahead of price for this competition we're having only. If I did the research I'd be looking for opportunities to trade when the price crosses the trajectory but the risk and money management aspect of any trade has to be backed up with your own historical research (I can't help you with that, and everything I'm showing is my own copyright i.e. I'm not following any books or what somebody else has taught me). I'm choosing timeframes where I think there is an opportunity to draw a trajectory of interest that is my starting point, see how I caught the developing breakout in Bitcoin last night.

     

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