Using Renko to get support/resistance levelsThis is practicing IchimokuScholar's strategy of using Renko to get SR levels. AFAIK, you may get the following settings for it:
* Traditional, 1% of first day's closing value
* ATR, 0.5 (can set ATR value to whatever you like—I'm still reading on this)
* Red line, weekly SR
* Greens, HH... possible levels for counter trend confirmation or confidence gainer
ATR
ETH/USD Short Turtle S1 Breakout trigger (05-Sep-18)For details of the strategy used for this trade (and historic performance) see linked trade below.
ETH has plummeted below the 20 day low so I have entered into a short with Position 1 (P1). Levels for P2 & P3 are shown on chart.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size). Exit at 10 day high, as shown.
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.
IOTUSD LONG Turtle S1 Breakout trigger (28-Aug-18)IOT has smashed through its 20 day high so I'm again entering into a Turtle trading short. For full details on the methodology I follow in this trade see the IOTUSD Short Turtle Trade in the related ideas below. I'm no longer linking all of my Turtle trades below but you can find them all by searching my trades for "Turtle". A summary of their performance is provided below.
As for this trade:
P1 & P2 triggered as shown on the chart. P3 unit order in place.
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of P2). Note: If P3 triggers then the SL will move and I will show this in an update to this trade.
Exit: 10 day low as shown. If the exit moves above the SL in subsequent days I will provide in an update to this 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.
History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (03-Aug-18) 9.28% Gain
11) XRPUSD Short (06-Aug-18) ACTIVE
12) BTCUSD Short (08-Aug-18) 0.36% Gain
13) EURUSD Short (10-Aug-18) 4.55% Loss
14) IOTUSD Long (28-Aug-18) ACTIVE <--- This Trade
Overall 2.61% Loss.
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
USD Strong on Geopolitical FactorsThe US dollar has been a bit volatile over the past several weeks owing to mixed signals over the trade war, an ongoing spat between Trump and the Fed over the trajectory of interest rate hikes, and the ongoing NAFTA saga.
Although the technicals for USDJPY seem to be bearish at the moment, we don't have a lot of conviction.
The current price of USDJPY is 111.09.
We will find resistance from levels from above including:
111.84 from highs and lows over the past 14 periods
112.16 from highs and lows over the past 30 periods
113.14 from highs and lows
We will find support from levels from below including the following:
109.80 from highs and lows over the past 14 periods
109.25 from highs and lows
As for Technical Analysis we have the following. Volatility is much lower than usual, anticipate a breakout soon. The RSI is 50, which suggests that we are in a bear trend, but not oversold. The MACD is above the signal line, but not by too much, suggesting that we are in a bull trend which may continue. USDJPY is under the 50 period SMA, which is currently at 111.18, indicating bearishness. The ADX does not indicate a trend, i.e. we are ranging.
We are above the central moving average of the Kovach Reversals Indicator at 111.01, and fairly close to it. If we can gain some momentum, the upper bound of the KRI indicator at 111.87 will provide resistance.
Daily scores: Bull Score: 1 Bear Score: 2 Ranging Score: 2
USDJPY intraday seems to be poised for a bull breakout. There is a bull wedge forming on 15 minute candles and the Kovach OBV is strong.
We will find resistance from levels from above including the following:
111.54 from highs and lows over the past 14 periods
111.84 from highs and lows over the past 100 periods
Levels from below will provide support, including:
110.94 from highs and lows over the past 30 periods
110.70 from highs and lows over the past 100 periods
As for Technical Analysis we have the following. Volatility is much higher than usual. We should expect some consolidation at some point. The RSI is 62, indicating that we are in a bull trend, but not yet overbought. The MACD is above the signal line, but not by too much, suggesting that we are in a bull trend which may continue. USDJPY intraday is above the 50 period SMA, indicating a bull trend. Furthermore, We are well above the 100 period SMA, which suggests that we are overbought. Finally, the 50 period SMA is even with the 100 period SMA, indicating longer term ranging. The ADX indicator is bullish.
Currently, USDJPY intraday is above the central moving average of the Kovach Reversals Indicator, which sits at about 111.29. However, it is getting closer to the upper bound of this indicator at 111.59, which will provide resistance.
Intraday Scores:Bull Score: 6 Bear Score: 0 Ranging Score: 1
BTC/USD LONG Turtle S1 Breakout trigger (28-Aug-18)BTC has smashed through its 20 day high so I'm again entering into a Turtle trading short. For full details on the methodology I follow in this trade see the IOT/USD Short Turtle Trade in the related ideas below. I'm no longer linking all of my Turtle trades below but you can find them all by searching my trades for "Turtle". A summary of their performance is provided below.
As for this trade:
P1 triggered as shown on the chart. P2 & P3 unit order in place.
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of P1). Note: If P2 & P3 triggers then the SL will move and I will show this in an update to this trade.
Exit: 10 day low as shown. If the exit moves above the SL in subsequent days I will provide in an update to this 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.
History of trades for this Turtle S1 strategy (see links below):
1) IOT/USD Long (Closed on 11-Jun-18), 2% Loss
2) XRP/USD Short (Closed on 03-July-18), 0.45% Loss
3) ETH/USD Short (Closed on 03-July-18) 1.15% Loss
4) IOT/USD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTC/USD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTC/USD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETH/USD Long (Closed on 31-July-18) 2% Loss
8) XRP/USD Long (17-July-18) 2.11% Loss
9) ETH/USD Short (01-Aug-18) ACTIVE
10) IOT/USD Short (03-Aug-18) 9.28% Gain
11) XRP/USD Short (06-Aug-18) ACTIVE
12) BTC/USD Short (08-Aug-18) 0.36% Gain
13) EUR/USD Short (10-Aug-18) 4.55% Loss
14) IOT/USD Long (28-Aug-18) ACTIVE
15) BTC/USD Long (28-Aug-18) ACTIVE <--- This Trade
Overall 2.61% Loss (will be positive overall once trades 9 & 11 close)
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
BABA Looking BearishThe technical analysis for BABA is somewhat bearish. There isn't a lot of conviction here so be careful when entering a trade.
Currently, BABA is trading at $174.61.
Levels from above include:
174.79 from gaps
176.20 from gaps
177.00 from gaps
178.16 from volume profile over the past 14 periods
178.90 from volume profile over the past 14 periods
179.53 from volume profile over the past 14 periods
180.38 from volume profile over the past 14 periods
181.95 from gaps
182.38 from volume profile over the past 14 periods
182.90 from gaps
We will find support from levels from below including:
174.20 from gaps
173.85 from gaps
172.41 from gaps
172.05 from gaps
171.29 from gaps
170.77 from gaps
169.85 from gaps
165.39 from highs and lows over the past 14 periods
As for Technical Analysis we have the following. Volatility is slightly higher than usual, but not to an extreme. An RSI value of 43 suggests that we are in bear mode but not oversold yet. The MACD suggests that we are in a bullish phase but not overbought yet. The 50 period SMA indicates that we are in a bear trend. Furthermore, We are well below the 100 period SMA, which suggests that we are oversold. Finally, the SMA(50) is below the SMA(100), a long term bearish confirmation. The ADX suggests that BABA is ranging.
Currently, BABA is well above the lower bound of the Kovach Reversals Indicator, at 169. This should provide support. The central moving average of the KRI will provide resistance at 178, if needed.
Bull score: 1, Bear score: 5, Ranging score: 2
QQQ to the MoonQQQ is quite bullish. There are many technical indications of strength, but it would be wise to wait for a better price, rather than buying and getting caught in a retracement.
The current price of QQQ is $186.41.
We will find resistance from levels from above including the following:
187.52 from highs and lows over the past 14 periods
We will find support from levels from below including:
185.03 from volume profile over the past 14 periods
184.07 from volume profile over the past 30 periods
183.48 from volume profile
182.68 from volume profile over the past 30 periods
181.69 from volume profile over the past 30 periods
179.45 from volume profile
178.12 from highs and lows over the past 14 periods
177.74 from volume profile over the past 100 periods
177.12 from volume profile over the past 100 periods
175.72 from volume profile over the past 100 periods
As for Technical Analysis we have the following. Volatility is much lower than average, so a breakout can be expected. The RSI is 70, suggesting that we are in bull mode, but not overbought just yet. The MACD is above the signal line, but not to an extreme. This suggests we may have more room to appreciate. QQQ is substantially above the 50 period SMA, which is at 179. This indicates that QQQ is overbought. Also, QQQ is well above the 100 period SMA, which is 173 at the moment, suggesting that we are overbought. Finally, the SMA(50) is above the SMA(100), a long term bullish confirmation. The ADX indicator suggests a bull trend, at 35.
We are getting closer to the upper bound of the Kovach Reversals Indicator at 186. This should provide resistance. The central moving average of the KRI will provide support at 181.
bull score: 8 bear score: 0 ranging score: 0
Stocks Still StrongThe technical analysis for SPY is very strong. We see many indications of a strong bull trend. It would be wise to buy on a dip.
The current price of SPY is $290.32.
We will find resistance from levels from above including the following:
291.74 from highs and lows over the past 14 periods
Levels from below will provide support, including:
289.60 from volume profile over the past 14 periods
288.44 from volume profile over the past 30 periods
286.76 from volume profile over the past 14 periods
285.97 from volume profile over the past 30 periods
283.73 from volume profile over the past 100 periods
283.03 from volume profile
281.28 from volume profile over the past 100 periods
279.88 from volume profile
278.77 from volume profile
278.01 from volume profile over the past 100 periods
The technicals for SPY are as follows. Volatility has consolidated quite a bit, expect a breakout soon. The RSI is 68, which suggests that we are in a bull trend, but not overbought. The MACD is above the signal line, suggesting the bull phase may continue. SPY is well above the 50 period SMA, which is 281 at the moment, suggesting that we are overbought. Further, SPY is substantially above the 100 period SMA, which is at 276. This indicates that SPY is overbought. Finally, the 50 period SMA is above the 100 period SMA, indicating longer term bullish confirmation. The ADX indicator shows a bull trend.
We are above the central moving average of the Kovach Reversals Indicator at 285, but getting closer to the upper bound of this indicator at 291. Watch for resistance at this level.
Bull score: 8, bear score: 0, ranging score: 0
Square is Ripping! But Don't Buy out of FOMO...SQ shows multiple signs of a strong bull trend. Be careful when looking to buy lest you get caught in a retracement.
Currently, SQ is trading at $87.88.
We will find resistance from levels from above including the following:
89.22 from highs and lows over the past 14 periods
We will find support from levels from below including the following:
69.88 from sma 50
68.90 from highs and lows over the past 14 periods
63.21 from highs and lows over the past 30 periods
43.72 from highs and lows over the past 100 periods
38.80 from highs and lows
As for Technical Analysis we have the following. Volatility is extremely high. Expect some consolidation soon. The RSI is 79, indicating that we are overbought. A bear pullback or trend reversal can be expected. The MACD is quite a bit above the signal line suggesting that we may have a trend reversal or pull back soon. SQ is above the 50 period SMA by quite a bit, suggesting that we are overbought. Furthermore, We are well above the 100 period SMA, which suggests that we are overbought. Finally, the 50 period SMA is above the 100 period SMA, indicating longer term bullish confirmation. The ADX is at 70, which is strongly bullish.
We are above the central moving average of the Kovach Reversals Indicator at 74, but getting closer to the upper bound of this indicator at 85. Watch for resistance at this level.
bull score: 11, bear score: 0, ranging score: 0
Exxon Mobile RangingXOM appears to be ranging, based on the analysis. Be careful trading either long or short, so you don't get caught in a breakout.
At the time of this writing, XOM was trading at $80.50.
We will find resistance from levels from above including the following:
80.87 from gaps
81.04 from highs and lows over the past 100 periods
We will find support from levels from below including:
80.35 from highs and lows over the past 30 periods
80.12 from highs and lows over the past 100 periods
The technicals for XOM are as follows. Volatility is slightly higher than usual. The RSI is 51, indicating that we are in a bull trend, but not yet overbought. The MACD is below the signal line, but not to an extreme. This suggests we are in a bear phase with room to go. XOM is above the 50 period SMA, which is currently at 80, indicating bullishness. The 100 period SMA indicates that we are in a bear trend. Finally, the 50 period SMA is about on par with the 100 period SMA which suggests we are ranging. The ADX indicator, 2 suggests that XOM is ranging.
We are below the central moving average of the Kovach Reversals Indicator at 81, and fairly close to it. If we lose momentum, we'll have support from the lower bound of the KRI at 80.
bull score: 2, bear score: 2, ranging score: 3
Bitcoin Still RangingBitcoin seems to be in a ranging phase. Be careful when entering a position in either direction, though you may consider mean reversion.
bitcoin is trading at $7047.16, at the moment.
Levels from above include:
7113.30 from highs and lows over the past 14 periods
8235.50 from highs and lows over the past 30 periods
8557.52 from highs and lows over the past 100 periods
9964.50 from highs and lows
We will find support from levels from below including the following:
7028.57 from volume profile over the past 14 periods
7010.73 from volume profile over the past 14 periods
6966.14 from volume profile over the past 14 periods
6885.87 from volume profile over the past 14 periods
6836.82 from volume profile over the past 14 periods
6778.85 from volume profile over the past 14 periods
6221.42 from highs and lows over the past 14 periods
5971.05 from highs and lows over the past 30 periods
5826.41 from highs and lows over the past 100 periods
Technical analysis for bitcoin is as follows. Volatility has consolidated quite a bit, expect a breakout soon. The RSI is 58, which suggests that we are in a bull trend, but not overbought. The MACD is above the signal line, but not to an extreme. This suggests we may have more room to appreciate. bitcoin is above the 50 period SMA, indicating a bull trend. Also, bitcoin is above the 100 period SMA, which is currently at 6939, indicating bullishness. Finally, the 50 period SMA is about on par with the 100 period SMA which suggests we are ranging. The ADX indicator, at a value of 28 conveys a modest bull trend.
We are getting closer to the upper bound of the Kovach Reversals Indicator at 7043. This should provide resistance. The central moving average of the KRI will provide support at 6522.
Ethereum Bottoming Out?Ethereum is still in the gutter, but there are some signs of life.
At the time of this writing, ethereum was trading at $296.50.
Levels from above include:
320.45 from highs and lows over the past 14 periods
386.28 from sma 50
470.36 from highs and lows over the past 30 periods
723.75 from highs and lows over the past 100 periods
835.06 from highs and lows
We will find support from levels from below including:
254.65 from highs and lows over the past 14 periods
Lets look at some technical analysis for ethereum. Volatility has narrowed considerably, which suggests a breakout may be near. An RSI value of 41 suggests that we are in bear mode but not oversold yet. The MACD is above the signal line, but not to an extreme. This suggests we may have more room to appreciate. ethereum is below the 50 period SMA, which indicates a bear trend, but not oversold yet. The 100 period SMA indicates that we are in a bear trend. Finally, the 50 period SMA is below the 100 period SMA, which is a longer term confirmation of bearishness. The ADX suggests that ethereum is ranging.
Signs of Life for Neo?Neo shows bearish signs, but they're not overwhelmingly strong. Read further for more technical analysis.
neo is trading at $21.26, at the moment.
Levels from above include:
21.57 from highs and lows over the past 14 periods
26.75 from sma 50
34.32 from highs and lows over the past 30 periods
65.85 from highs and lows over the past 100 periods
94.76 from highs and lows
Levels from above include::
14.12 from highs and lows over the past 14 periods
The technicals for neo are as follows. Volatility is much lower than usual, anticipate a breakout soon. The RSI indicator suggests that we are in a bear trend, but not oversold yet. The MACD suggests that we are in a bullish phase but not overbought yet. neo is below the 50 period SMA, indicating a bear trend. The 100 period SMA indicates that we are in a bear trend. Finally, the 50 period SMA is below the 100 period SMA, indicating longer term bearish confirmation. The ADX indicator, 12 suggests that neo is ranging.
Bitcoin Slightly Bullish, but Overall Rangingbitcoin seems to be ranging. Bullish and bearish indicators seem somewhat weak at this point.
At the time of this writing, bitcoin was trading at $7096.28.
Levels from above will provide resistance, including:
7109.56 from volume profile over the past 14 periods
8272.26 from highs and lows over the past 30 periods
8562.41 from highs and lows over the past 100 periods
9964.50 from highs and lows
Levels from above include::
6962.89 from sma 50
6887.55 from volume profile over the past 14 periods
6864.78 from volume profile over the past 14 periods
6807.85 from volume profile over the past 14 periods
6779.39 from volume profile over the past 14 periods
6756.62 from volume profile over the past 14 periods
6711.08 from volume profile over the past 14 periods
5971.05 from highs and lows over the past 14 periods
5826.41 from highs and lows over the past 100 periods
Lets look at some technical analysis for bitcoin. Volatility has narrowed considerably, which suggests a breakout may be near. The RSI is 59, indicating that we are in a bull trend, but not yet overbought. The MACD is above the signal line, but not by too much, suggesting that we are in a bull trend which may continue. bitcoin is above the 50 period SMA, which indicates a bull trend, but not overbought yet. Also, bitcoin is above the 100 period SMA, which is currently at 6953, indicating bullishness. Finally, the SMA(50) is roughly equal to the SMA(100), suggesting ranging. The ADX indicator suggests a meager bull trend, at 28.
AAPL Extremely Bullish, Don't Buy on FOMO!AAPL shows multiple signs of a strong bull trend. Be careful when looking to buy lest you get caught in a retracement.
At the time of this writing, AAPL was trading at $222.98.
We will find resistance from levels from above including:
222.99 from volume profile over the past 14 periods
223.49 from highs and lows over the past 14 periods
We will find support from levels from below including the following:
222.48 from volume profile over the past 14 periods
221.89 from volume profile over the past 14 periods
220.55 from volume profile over the past 14 periods
219.20 from volume profile over the past 14 periods
218.70 from volume profile over the past 14 periods
218.02 from volume profile over the past 14 periods
217.10 from volume profile over the past 14 periods
216.43 from volume profile over the past 14 periods
215.40 from volume profile over the past 30 periods
213.85 from volume profile over the past 30 periods
Lets look at some technical analysis for AAPL. Volatility has narrowed a bit, but may continue more before a breakout. The RSI is 81, indicating that we are overbought. A bear pullback or trend reversal can be expected. The MACD is above the signal line, but not by too much, suggesting that we are in a bull trend which may continue. We are well above the 50 period SMA, which suggests that we are overbought. Also, AAPL is above the 100 period SMA by quite a bit, suggesting that we are overbought. Finally, the 50 period SMA is above the 100 period SMA, indicating longer term bullish confirmation. The ADX indicator reads 68, which is indicative of a strong bull trend.
MU Somewhat BearishMU shows bearish signs, but they're not overwhelmingly strong. Read further for more technical analysis.
At the time of this writing, MU was trading at $51.83.
Levels from above will provide resistance, including:
51.98 from volume profile over the past 14 periods
52.09 from volume profile over the past 14 periods
52.36 from gaps
52.80 from gaps
53.21 from gaps
54.17 from gaps
54.58 from gaps
54.83 from gaps
55.48 from gaps
55.64 from gaps
We will find support from levels from below including:
51.80 from volume profile over the past 14 periods
51.51 from volume profile over the past 14 periods
51.33 from volume profile over the past 14 periods
51.17 from gaps
51.03 from gaps
50.82 from gaps
50.68 from volume profile over the past 14 periods
50.39 from volume profile over the past 14 periods
50.25 from volume profile over the past 14 periods
50.01 from gaps
Lets look at some technical analysis for MU. Volatility has consolidated quite a bit, expect a breakout soon. The RSI is 51, indicating that we are in a bull trend, but not yet overbought. The MACD is above the signal line, but not to an extreme. This suggests we may have more room to appreciate. MU is below the 50 period SMA, which indicates a bear trend, but not oversold yet. The 100 period SMA indicates that we are in a bear trend. Finally, the 50 period SMA is below the 100 period SMA, indicating longer term bearish confirmation. The ADX indicator, 7 confirms that MU is ranging, that is, no significant trend is observed.
Stocks Looking BullishThe technical analysis for SPY is very strong. We see many indications of a strong bull trend. It would be wise to buy on a dip.
Currently, SPY is trading at $291.54.
We will find resistance from levels from above including the following:
291.65 from highs and lows over the past 14 periods
Levels from belowwill provide support, including:
289.47 from Volume profile over the past 14 periods
288.38 from Volume profile over the past 30 periods
286.77 from Volume profile over the past 14 periods
285.92 from Volume profile over the past 30 periods
282.69 from Volume profile over the past 100 periods
281.54 from Volume profile over the past 100 periods
280.16 from Highs and lows over the past 14 periods
278.71 from Volume profile
277.14 from Volume profile over the past 100 periods
275.93 from Volume profile
274.82 from Volume profile
274.08 from Volume profile
259.05 from Highs and lows over the past 100 periods
254.67 from Highs and lows
The technicals for SPY are as follows. Volatility is much lower than average, so a breakout can be expected. The RSI is 73, indicating that we are in a bull trend, but not yet overbought. The MACD is above the signal line, suggesting the bull phase may continue. SPY is well above the 50 period SMA, which is 281 at the moment, suggesting that we are overbought. Also, SPY is above the 100 period SMA by quite a bit, suggesting that we are overbought. Finally, the SMA(50) is above the SMA(100), a long term bullish confirmation. The ADX indicator shows a bull trend.
BTCUSD Short Turtle S1 Breakout trigger (08-Aug-18)BTC has broken down again and fallen below its 20 day low so I'm again entering into a Turtle trading short. For full details on the methodology I follow in this trade see the IOTUSD Turtle Trade in the related ideas below. I'm no longer linking all of my Turtle trades below but you can find them all by searching my trades for "Turtle". A summary of their performance is provided below.
As for this trade:
P1 & P2 triggered as shown on the chart. No other positions are being placed as I don't want to over-leverage given the other ACTIVE trades open (see list below)
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of P2).
Exit: 10 day high as shown but this will not trigger since the SL is lower.
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.
History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (03-Aug-18) ACTIVE
11) XRPUSD Short (06-Aug-18) ACTIVE
12) BTCUSD Short (this trade 08-Aug-18) ACTIVE
Overall 7.81% Loss.
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
New Indicators Show No ValueIf sombody guides me. It'll be great favor to me. When I apply a new indicator, it shows 0.000 value. The value doesn't increase/ decease when I apply "Log Scale". I want to get ATR value, but it shows 0.000. Same thing happens with the other indicators too. How can I view the values? Which options should I choose?
EURUSD Short Turtle S1 Breakout trigger (10-Aug-18)The Euro has broken down below it's 90 day low which has triggered a Turtle trading short. For full details on the methodology I follow in this trade see the IOTUSD Turtle Trade in the related ideas below. The only difference with this trade to the others (which are all crypto pairs) is that I am entering on a 90 day high/low and exiting on a 8 day high/low. I'm no longer linking all of my Turtle trades below but you can find them all by searching my trades for "Turtle". A summary of their performance is provided below.
As for this trade:
P1 & P2 triggered as shown on the chart. P3 set but not yet triggered. No other positions are being placed as I don't want to over-leverage given the other ACTIVE trades open (see list below)
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of P2). Note that SL will move down for all trades if P3 is initiated.
Exit: 8 day high as shown but this will not trigger since the SL is lower. If we stay in the trade that Exit may move below the SL in future.
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.
History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (03-Aug-18) ACTIVE
11) XRPUSD Short (06-Aug-18) ACTIVE
12) BTCUSD Short (08-Aug-18) ACTIVE
13) EURUSD Short (this trade 10-Aug-18) ACTIVE
Overall 7.81% Loss.
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
XRPUSD Short Turtle S1 Breakout trigger (06-Aug-18)XRP has broken down again and fallen below its 20 day low so I'm again entering into a Turtle trading short. For full details on the methodology I follow in this trade see the IOTUSD Turtle Trade in the related ideas below. I'm no longer linking all of my Turtle trades below but you can find them all by searching my trades for "Turtle". A summary of their performance is provided below.
As for this trade:
P1 triggered as shown on the chart. P2 & P3 unit orders placed.
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of P1). Note: If P2 & P3 trigger then the SL will move and I will show this in an update to this trade.
Exit: 10 day low as shown. Notice that this will trigger before the SL unless the SL moves with subsequent positions.
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.
History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (03-Aug-18) ACTIVE
11) XRPUSD Short (this trade - 06-Aug-18) ACTIVE
Overall 7.81% Loss.
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
IOTUSD Short Turtle S1 Breakout trigger (03-Aug-18)See the IOTUSD Long Turtle S1 Breakout Trigger trade linked below for full details of the systematic Turtle trading strategy being used in this trade.
P1, P2 & P3 triggered at prices shown on chart.
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of the final position, i.e. P3.
Exit: 10 day low (if SL not triggered)
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.
History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD -0.42% Short (01-Aug-18) ACTIVE
10) IOTUSD Short (this trade - 03-Aug-18) ACTIVE
Overall 7.81% Loss.
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
ETHUSD Short Turtle S1 Breakout trigger (01-Aug-18)See the IOTUSD Long Turtle S1 Breakout Trigger trade linked below for full details of the systematic Turtle trading strategy being used in this trade.
P1 triggered at prices shown on chart. P2, P3 & P4 set at Stop Orders at prices shown on chart.
Position Size: 1N per position
Stop Loss as shown. Note SL will move up if P2-P4 trigger (see future updates).
Exit: 10 day low (if SL not triggered)
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.
History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (17-July-18) ACTIVE
7) ETHUSD Long (17-July-18) (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (this trade) ACTIVE
Overall 6.83% Loss
Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.