Open long according to the backtesting stats that I have. Position sizing based on a closed system. Plan to sell at 897.4 because of the gap.
Both EMA12 and EMA26 in the weekly and monthly timeframes are showing bullish signals. Prices have been consolidating for 1078 days, indicating a potential breakout. Since September last year, volumes have decreased, suggesting a buildup of pressure. Currently, the price is breaking through a Low Volume Node (LVN) area to the left, which could lead to a...
When testing our trading strategy, we often analyze the average number of bars in trades, including both winning and losing trades. For instance, let's assume the average number of bars in trades is 31, with winning trades averaging 78 bars and losing trades averaging 16 bars. 1. Short-Term Profits During Losing Trades: Our strategy should focus on short-term...
Trading System = Discretionary using FIB and Pitchfork Side = Short/Sell Position = Closed Volume = All Order type = Exit TP = Fib Proj. 0.618, 1, 1.618 Problem & Anomaly = After the volatility peak at the previous highest high. Price has been climbing with exhaustion. Trader Emotion = Neutral Mistake & Error = Non Remark = Using a red downward slope...
The previous uptrend leg is strong. And it starts to stall. Bullish MACD crossover is a failure. I can draw a downtrend line. Sell at the Ema crossover signal.
Reason? Price reach the support and the red downward slope ML. I have 3 put option S50M23P925 contracts. Trade them together gives me the risk/reward ratio 1:3. It's a green light.
Is she able to run through the kill zone? The nice action-reaction line points at the same level as the supply zone. The VIX is at a low level. I believe the price will gradually claw back to the killing zone. Then let's see what will happen next.
Gamma scalping strategy Long future to scalp profit at 921 and 912 for 1 contract each. Short close futures all at 925 to stable risk parameter.
Reason: Price reached to previous swing low. Assume the price will rally With S50M23P975 @ 60.7 as the hedging position. Initial TP = Ml blue upslope RR = 4.82 which is > 3x. Green light. When the price reaches the ML, sell 2 units. Trail the remaining units.
Why? Price has reached the EMA 26. I assume that the price should move either up or down with volatility. Also, I have S50M23C975 for 5 contracts. Long S50M23P925 OTM 5 contracts.
MACD is about to cross up in the monthly chart. The target price assumption is the previous high. The stop loss level is placed below the wick of the last inside bar.
RR 4.55. Using option contract to hedge position. Target price at ML red downward slope. Adjust the target price every day.
Short S50M23 # 2 cons Long S50M23C900 Call option <= 56.8 # 2 TP is a downward slope red ML. RR > 3x with stoploss 6.8 per contract.
RB fixed value @ 100 TP @ 0.7 Price shoots up and comes back at the demand zone. MACD is above the zero line. Buy.
Entry 8.00 THB Rebalance @ blue up slope medianline.
I hope BTCUSD will pass thru downward red slope ML.
Then what will happen. Let's recall the fundamental of price when it reaches the medianline. Price will... -zoom and zoom then retest the ML. -reverse back the latest MLH. -congest If the price does zoom the ML, price could break the previous highest high. And we will have a major uptrend cycle.
We can see the clear uptrend. Higher high, higher low. Red upslope medianline is pointing upward! I'm going to long at the confluence between lower MLH and demand zone. RR = 3:1