34) IOT/USD LONG Turtle S1 Breakout trigger (20-Dec-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT pushed above the 20 day high as shown on the chart (pink box). Positions 1, has triggered at the levels shown with a 1N position size. P2 & P3 will trigger if price rises to the levels shown.
Stop Loss is set at 2N below P1 at the levels shown. The 10 day high Exit level (yellow box) is currently lower than the Stop Loss so is NOT in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
ATR
33) XRP/USD Short Turtle S1 Breakout trigger (15-Dec-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
XRP broke below the 20 day low as shown on the chart (pink box). Positions 1, has triggered at the levels shown with a 1N positions size. P2 & P3 will trigger if price drops to the level shown.
Stop Loss is set at 2N above P1 at the levels shown. The 10 day high Exit level (yellow box) is higher than the Stop Loss so is NOT in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
BCHSV Descending triangle + Trading Plan + TargetsTRADING STRATEGIC
BINANCE:BCHSVUSDT
Chart Analysis:
-Chart Time frame: 4H
-Time Frame Analysis: 15M-1H-4H-12H-1D
Hi everyone, SV has been in consolidation since we hit the top of wave 5 141.31 (Binance), I could not stop noticing the descending triangle SV is forming. Also last night we pushed trough resistant breaking out a trend line, however, SV has found a lot of resistance forming indecision candlesticks after the breakout, this is basically calling for a big move. Either goes down or up we dont know yet, one word probabilities, we weight the odds we measure our risk and then we get our trade. That is trading, this how we differentiate from Gamblers. I consider this a risky trade, because I have conflicted ideas, for some reason I been thinking that SV is going to go lower. so why Am I going long then? Well the way I approach Chart analysis (priority order) is by first Candlestick Patterns, I zoom In and work without any line , any indicator so I get the feeling of asset, and I pay attention to the candlestick shape form using 4H-6H-12H-1D. Second, Support and resistance level. Third, I draw patterns such as trend-lines, channels, triangles and wave counts, (notice how this last has the least impact in my methodology). In addition, I give more weight to higher time-frames. and after that I use Fib techniques combine with support and resistance to take the trade.
*Dojis*: After the trendline Breakout dojis starting to appear showing us indecision, if we pay attention to the last 3 dojis price action has been closing higher, it also showing bullish strength since several times bears have tried to pull it down. Second doji looks like a little hammer along with the third. If you draw a trend line using the lows you can see a little ascending triangle.
Indicators:
-ATR: it is at his lowest since we start the previous rally. this indicator measure the volatility.
-RSI: 12H is neutral+ D1
-StockRSI: is Over Sold (bearish), however is not a key support to paying attention to.
-TD Sequential: 12H green 2 trading above green 1, this is one of my favorite combinations to trade, if we start trading above wick 1, price well shoot. so pay attention to that.
-MA: Golden Cross at 4H
Trade Management:
Trade entry: 99.80 ( ACE)
Stop Loss: 93.00
-Targets:
Mercury: 106.00
Venus: 112.25
Earth: 118.00
Moon: 126.10
Mars: 136.50
-Risks/Rewards:
Risk/Reward Ratio: 4.60
IOT/USD Short Turtle S1 Breakout trigger (14-Nov-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT broke below the 20 day low as shown on the chart (blue box). Positions 1, 2 & 3 have triggered at the levels shown with a 1N positions size.
Stop Loss is set at 2N above P3 at the levels shown. The 10 day high Exit level (yellow box) is higher than the Stop Loss so is NOT in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
BTC/USD Short Turtle S1 Breakout trigger (14-Nov-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
BTC (XBT) broke below the 20 day low as shown on the chart (blue box). Positions 1, 2 & 3 have triggered at the levels shown with a 1N positions size.
Stop Loss is set at 2N above P3 at the levels shown. The 10 day high Exit level (yellow box) is higher than the Stop Loss so is NOT in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
XRP/USD Short Turtle S1 Breakout trigger (23-Nov-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
XRP broke below the 20 day low as shown on the chart (blue box). Positions 1, has triggered at the levels shown with a 1N positions size. P2 will trigger if price drops to the level shown. I am limiting positions to 2 as I already have multiple short positions in BTC and IOT (linked below) - Turtle strategy limits 12N positions in either direction (long, short).
Stop Loss is set at 2N above P1 at the levels shown. The 10 day high Exit level (yellow box) is higher than the Stop Loss so is NOT in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
EUR/USD Short Turtle S1 Breakout trigger (12-Nov-18)For details of the strategy used for this trade (and historic performance) see linked trade below. Note that for EUR/USD pair I am using a 90 day breakout and a 8 day exit.
The Euro fell through the 90 day low as shown on the chart (blue box). Positions 1 & 2 are triggered at the level shown with a 1N positions size each. I am not adding more positions as I would exceed my 12N limit on Short positions (as per strategy).
Stop Loss is set at 2N above P2 at the levels shown. The 10 day high Exit level (yellow box) is higher than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
EURUSD 1H BITCOIN SIGNAL STRATEGY INDICATORBitcoin Signal Indicator works on all markets and time frames
Bitcoin Signal Strategy Indicator shows entry and exit/take profit signals
Bitcoin Signal Strategy Indicator has an adjusted trailing stop
TP is adjustable. This pair was a 2 to 1 reward risk ratio
1st trade exited with price hitting the trailing stop
2nd trade is still active rising to take profit level
PM me if you have any question i can help you with.
BTCUSD 1H BITCOIN SIGNAL STRATEGY INDICATORBitcoin Signal Indicator works on all markets and time frames
Bitcoin Signal Strategy Indicator works on all cryptocurrency pairs
Bitcoin Signal Indicator shows entry and exit signals
TP is adjustable, this pair was set for 4 TP to 1 risk
PM me if you have any questions I can answer for you
XRP/USD Long Turtle S1 Breakout trigger (05-Nov-18)I am a little late positing this trade which triggered on the 05th Nov as shown in the chart.
For details of the strategy used for this trade (and historic performance) see linked trade below.
XRP broke through the 20 day high as shown on the chart. Positions 1, 2 & 3 triggered at the levels shown each with a 1N positions size.
Stop Loss is set at 2N below Position 3 at the levels shown. The 10 day low Exit level (also shown on chart) is lower than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
ETH/USD Long Turtle S1 Breakout trigger (07-Nov-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
ETH broke through the 20 day high as shown on the chart. Positions 1 triggered at the levels shown each with a 1N positions size. P2 will trigger if price hits level shown. I am not placing additional positions to ensure I follow the Turtle rules around total positions size (12N long, 12N short).
Stop Loss is set at 2N below Position 1 at the levels shown. The 10 day low Exit level (also shown on chart) is lower than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
BTC/USD Long Turtle S1 Breakout trigger (07-Nov-18)I am a little late positing this trade which triggered on the 07th Nov as shown in the chart.
For details of the strategy used for this trade (and historic performance) see linked trade below.
BTC broke through the 20 day high as shown on the chart (blue box). Positions 1 is triggered at the level shown with a 1N positions size. P2 & P3 will be triggered if price reaches these levels - If so the Stop Loss will move up as per the strategy.
Stop Loss is set at 2N below P1 at the levels shown. The 10 day low Exit level (yellow box) is higher than the Stop Loss so is in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
ETH/USD Short Turtle S1 Breakout trigger (11-Oct-18)I am a little late positing this trade which triggered on the 11th October as shown in the chart.
For details of the strategy used for this trade (and historic performance) see linked trade below.
ETH fell below the 20 day low as shown on the chart. Positions 1 & 2 were triggered at the levels shown each with a 1N positions size. P3 will trigger if price drops further, as shown.
Stop Loss is set at 2N above Position 2 at the levels shown. The 10 day high Exit level (also shown on chart) is higher than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
IOT/USD Short Turtle S1 Breakout trigger (11-Oct-18)I am a little late positing this trade which triggered on the 11th October as shown in the chart.
For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT fell below the 20 day low as shown on the chart. Positions 1 & 2 were triggered at the levels shown each with a 1N positions size. P3 will trigger if price drops further, as shown.
Stop Loss is set at 2N above Position 2 at the levels shown. The 10 day high Exit level (also shown on chart) is higher than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
BTC/USD Short Turtle S1 Breakout trigger (11-Oct-18)I am a few days publishing this idea which was triggered back on 11th October as shown in the chart.
For details of the strategy used for this trade (and historic performance) see linked trade below.
BTC fell below the 20 day low as shown on the chart. Positions 1, 2 & 3 were triggered at the levels shown each with a 1N positions size.
Stop Loss is set at 2N above Position 3 at the levels shown. The 10 day high Exit level (also shown on chart) is higher than the Stop Loss so is not currently in play.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Pro tips: Trick to see when markets are most activeHello, if like me, you like to sleep at night and trade during the day, this trick might inetrest you.
We could put alerts on silent but I would rather not.
And why focus on a chart that is only active while you sleep? Waste of time...
Unsurprisingly, the Australian pairs get some activity during europe and NA day, but also alot and I mean ALOT in the MIDDLE OF THE NIGHT.
I am soooo tired of getting woken up by some AUD alerts, sometimes JPY. SO DONE WITH THIS. TILTED.
Better give up on all the AUD pairs, they are not worth it. NZD too. Also, for short term trading AUD and NZD were the major currencies with the biggest spreads.
The JPY pairs seem to be active in the morning alot ... I don't know if I want to give up on these. At least I will ignore GBPJPY that is going to be always active when London opens.
EURUSD, perfect one, it is most active when? You can guess it, it is most active when New York and London sessions overlap, and dead during the night, just look at the chart. There is a crater at 4 am every day. PERFECT.
It feels good to clean up your watchlist :)
Good riddance!
* Do not try this with cryptocurrencies. Won't work.
BTC/USD Short Turtle S1 Breakout trigger (20-Sep-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
BTC has jumped above it's 20 day high so I have entered into a long position (P1). Levels for P2, P3 & P4 are shown on chart.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size). Exit at 10 day low (lower than SL so not in play currently).
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
ETH/USD Long Turtle S1 Breakout trigger (21-Sep-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
ETH has jumped above it's 20 day high so I have entered into long positions (P1 & P2). Level for P3 is shown on chart (dotted green line).
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size) of latest position (e.g. P2). Exit at 10 day low (lower than SL so not in play currently - dotted red line).
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
IOT/USD Short Turtle S1 Breakout trigger (18-Sep-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
IOT has just fallen below it's 20 day low so I have entered into a short position (P1). Levels for P2, P3 & P4 are shown on chart.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size). Exit at 10 day high so the stop will be at the exit as this is lower. The exit will move over time.
I will post updates below, so please follow!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Turtle Trading Strategy - Educational Overview & Results (v2)I have undertaken backtesting over the past few weeks on a number of Crypto / USD pairs using the famous Turtle Trading strategy. There are a number of good books written on this strategy and you can find the details rules online.
On all of the pairs I tested the Turtle Strategy (version 1) performed best.
The Turtle Trading strategy is a systematic trend-following breakout trading system which works well in trending markets - its designed to catch the big trends! The strategy looses money over time when the market is ranging. Historically crypto markets have primarily been trending which makes the Turtle strategy a good fit over time.
In this trade I will follow these Turtle strategy principles:
(main rules also shown in the chart)
Entry: Long (or Short) is placed when the price breaks above (or below for Shorts) the price for the previous 20 days.
Position Size: 1% of portfolio size adjusted to account for volatility of the market, known as 1N. More volatile markets have a wider Stop Loss (see below) but they also have smaller position size. This equalises risk across all entries and results in better diversification and more robust risk management. As the portfolio size increases or decreases so therefore will the subsequent position sizing.
Additional Positions: Purchased if price moves in the direction of the trade at 1/2N or 1/2% of portfolio size/risk. A maximum of 3 additional units, making for a total of 4 units will be purchased.
Stop Loss: Placed based on a calculation involving the Average True Range (ATR) for the previous 20 days where the Risk amounts to no more than 2% Portfolio size. i.e. Stop is placed at 2N. If additional units are purchased then each one has its own Stop Loss and each will be executed individually if and when they are reached.
Target/Exit: No fixed target is set. Turtles do not agree with the old saying "You can never go broke taking a profit", instead they believe that taking a profit too early is one of the most common and damaging mistakes in trading trend-following systems. Instead an exit will be triggered when the trend has a 10-day low (or 10-day high for Shorts). Thus the Exit is not shown on this trade set-up. If additional positions have been purchased then ALL will be exited when the exit target is hit for the original position.
Maximum Positions: The Turtle strategy advocates a limit on the number of positions held across all traded pairs for uncorrelated and correlated markets. Since all crypto pairs are closely correlated (see: cointrading.ninja) I will be ignoring this rule and instead following the rule which states that a maximum of 12 long positions and 12 short positions can be held at the same time. It is noted that it is unlikely that 24 positions will be opened as the close correlation of crypto markets means that positions will either be long or short but not both at the same time.
History of trades for this Turtle S1 strategy (each trade is posted separately):
1) IOT/USD Long (11-Jun-18), 2% Loss
2) XRP/USD Short (03-July-18), 0.45% Loss
3) ETH/USD Short (03-July-18) 1.15% Loss
4) IOT/USD Short (11-Jun-18) 1.38% Gain
5) BTC/USD Short (03-Jul-18) 0.65% Gain
6) BTC/USD Long (03-Aug-18) 0.61% Loss
7) ETH/USD Long (31-July-18) 2% Loss
8) XRP/USD Long (17-July-18) 2.11% Loss
9) ETH/USD Short (01-Aug-18) 10.36% Gain
10) IOT/USD Short (03-Aug-18) 9.28% Gain
11) XRP/USD Short (06-Aug-18) 12.45%
12) BTC/USD Short (08-Aug-18) 0.36% Gain
13) EURUSD Short (10-Aug-18) 4.55% Loss
14) IOT/USD Long (28-Aug-18) 3.27% Loss
15) BTC/USD Long (28-Aug-18) -2.58 Loss
16) ETH/USD Short (05-Sep-18) ACTIVE
17) BTC/USD Short (09-Sep-18) ACTIVE
18) IOT/USD Short (18-Sep-18) ACTIVE
Overall 16.05% Gain of closed trades
I publish each individual trade I execute on TradingView - search for my trades using "turtle" tag. I will be keeping a log of trading results in this idea for full transparency.
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
XRP/USD Long Turtle S1 Breakout trigger (20-Sep-18)For details of the strategy used for this trade (and historic performance) see linked trade below. I have realised 16% gains over the past 3 month bear market.
XRP has just shot through it's 20 day high so I have entered into long position (P1 & P2). Level for P3 is shown on chart and will be executed if reached.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size) of latest position (e.g. P2). Exit at 10 day low (as shown) so this is currently not in play. The exit will move over time and if it comes into play I will update on the trade.
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.