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review BTCUSDTHello everyone, it’s hard to analyze now, since we are in a pullback after a sharp short, I personally already took mine and left long, the alts as usual ten times pushed in contrast to bitcoin, we can only assume that the whole volume was thrown into the altos, since bitcoin is hard raise because of its huge volume and the fuel in it is already ending (many have already noticed that it goes lower and lower) wrote a text through a translator, sorry if something is poorly translated like if you like the idea
by MaxsimusTrade
1
review BTCUSD short or long?We have been shorting the channel for 2 months already, but not so long ago we deviated from the set channel rate and fixed above 9000$ , and could not reach the goal of 8500-8700$ Today we ran into the upper boundary of the channel and for the second time we are trying to break through, will we be able to do this? It’s quite possible, a lot of short players gained in a large amount of time Short from the border of the channel will be the right decision, because the trend is approaching and you can calmly set a short stop and not be afraid. I am still more inclined towards the long scenario and this is my personal opinion , I see no reason to return again to the zone of $ 9000-9100 and there again to flat p.s (after breaking through the channel, the trend changes to long) What do you think? Write comments, like if you liked the review
BITMEX:BTCUSD.P
by MaxsimusTrade
54% em 26 Dias!Meu foco ultimamente tem sido criptomoedas, mas temos que comentar esse belo movimento da VVAR3. Parece que os dados do mercado de e-commerce nessa crise da COVID-19 deixou o mercado bem eufórico, a empresa que realizou aquisições estratégicas importantes teve o crescimento na participação de mercado da varejista em vendas online. Ainda deixa espaço pra valorização de pelo menos 83% a mais, a correção deve vir hoje após as 14h ou amanhã. Não consigo ver essa euforia sendo sustentável no curto prazo, meu palpite é que o valor máximo que ela atinja seja entre 10$ e 12$.
VLong
by EricksanPimentel
Monthly Performance Review - March 2020With elevated volatility throughout the month on March I choose to take as little trades as possible and only take small bites here and there. I only initiated 11 trades this month, the majority losers. To be honest, I am pretty disappointed with my performance despite the great opportunities. I will forgive myself however since this is my first real bear market I am experiencing and the loses I look this month was very small due to the limited amount of trades I put on. The fact that I am actively charting and analyzing this important time is a win enough for me. The main issue with my trading this month was letting go of winners too quickly and being inconsistent with risk. In the middle of the month, I had shorted TSLA at 633 (half size) and ROKU at 102.50. I placed my stop losses too tight and I ended up letting go of TSLA at 590.20 before the drop to 350 and ROKU at 101.50 before the drop to 60. During times of high volatility, you have to expect larger swings and whipsaws. I had recognized this early but did not act on this notion. Secondly, I found that a lot of my winning trades this month ended up being the ones that I took half size with the excuse of "controlling risk due to high volatility". If this were the case, I should be using half size for all my trades. Being inconsistent with risk can skew your actual performance. For the month of April, my goal is to apply the lessons learned in March by simply being consistent with risk and putting smart stops based on the level of volatility. Since volatility is currently high, I want to allow a larger stop loss. Furthermore, like last month, right now is not the best conditions for swing trading therefore I will continuing taking very small bites here and there until market conditions improve and volatility levels out.
NASDAQ:ROKU
by Trader_Kaji
2
Monthly Performance Review - February 2020February has been a big month for me in terms of process improvement and profits. I picked up some big winners with SPCE long, CZZ short, XPEL short, and TTWO short however I missed a lot of runners as well. February has also been a crazy month towards the end with this current crash in the markets. Amazingly, I managed to switch my bias early and profit off the dip by shorting CZZ, XPEL, and TTWO. Of course there were a lot of losers as well and my strike rate this month was 35% with a 3.35 W:L ratio. In terms of process improvements, I've changed some of my trading rules to eliminate some of my short comings I noticed last week. For the past month I had been stalking trades on ZM, PAAS, SSRM, and NUGT, however I missed them all. The main reason for this was that all these stock broke out pass my acceptable entry zone right at market open. I had a rule which states "Do not take any trades within the first hour." I only had this rule because that was what one of the professional traders I follow does. I took a deeper dive into my past performance and noticed some of my bigger winners occurred when allowing entries within this time. This makes sense because if a stock is going to breakout, they usually do it right in the morning. I eliminated this rule and I was actually able to catch XPEL short later in the week. Another improvement I made to my process was introducing Anchored VWAP and the High Volume Node (HVN). Anchored VWAP is best used by Brian Shannon to find sentiment and I now use Anchored VWAP on SPY, QQQ, and IWM for market analysis. The second tool I now use deals with Volume Price Profile, which I have been using for awhile, however after looking through some of my recent trades, I noticed most of my losers had high volume nodes right above the entry. These high volume nodes become areas of resistance which is something I do not want to see when entering a setup. I introduced a new rule to ensure there are no significant HVN between the entry and my target when taking on new trades. My main goal next month is to simply improve my strike rate. I believe my entry and exit methodologies are acceptable, however I took a lot of unnecessary trades that could have been avoided by simply following market timing rules or using HVN to find nearby resistance. With this current dip, I don't think I will be taking on too many new trades at the beginning of the month until direction, up or down, is confirmed.
AMEX:SPY
by Trader_Kaji
EURCAD 2 hour Block Review - February 24, 2020This trade has already been taken, not a setup - EURCAD created an orderblock on the 2 hour timeframe. - Block created after a break of a downtrend. - Before the week ended I caught price breaking through and resting on this block, near the high of it - Entry was on the block with TP at around 1.44500 which is where a previous 4 hour block was and where previous major support was found. I expect price to come to this area to create a new resistance or break through.
by MichaelDForex
1