Tag Archives: ABC

Look for ABC NICTrades crypto currency Bitcoin notes

Look for ABC NICTrades crypto currency Bitcoin notes

There is a lots of emphasis on how to look for ABC pattern

If you don’t know Nic who does crypto currency trading outlook. She runs a Facebook group with a free Facebook Live stream every Monday nite Eastern Standard. Note she runs it at 9 PM London UK time as well for a couple of hours.

Here is what I think about her technical trading analysis. As you read the notes below on her commentary on each coin, you will quickly realize there is a certain outlook she has for each coin. She is essentially a trend follower with daily chart forecasting and uses 4 hour to confirm short term potential. General indicators used are support/resistance, Moving Average, and Fib level for forecasting targets. There are other classic pattern days used as well. Very interesting how she does it.

Here is my take:

When you analyze the tick and 1 minute, it is tough to gauge on the high speed levels. No targeting is used to calculate is really possible since the pricing can change so fast. Most of my experience ha resulted in many quick losses since it is tough to forecast these. The markets are just too random to explain movements sine they are way to random. As a result, I am rethinking to follow Nic’s overall strategy with target levels using the patterns/indicators.

Oh, you are a hypocrite looking at technical analysis

You are right! When you compare someone who looks fairly successful, it is more smart to use this as a roadmap instead of wasting time guessing in these fast moving random markets. It seems these target levels make more sense. The technical traders don’t seem to care what others think. They just use historical averages what may work with highers of taking place. This compared to to my experience over the last months. I just need a better roadmap like with this strategy from Nic. Let’s see how this plays out. I can overlay this experience with other techniques like quant or fundamental later on.

Nic Trades contact: https://www.facebook.com/NicTrades/

https://twitter.com/nictrades

Correction: It should be Gartley pattern

https://learn.tradimo.com/advanced-chart-patterns/gartley-pattern

Here are the rough notes with no spell or grammar check.

Daily chart

Fib level

target 1 and target 2

wedge breaks up and resistance

ABC correction

look for potential support level

trendline down → look for better entry

20 moving average (first support) → daily close below that

support to retest → compare to USD or BTC

bunch up of average (above 50% above retrace) → need to get above next support level

look more for consolidation

look for ABC correction

need to be higher than 236 level

support for daily moving average

weekly invert (fib retrace) → need 50% of drop on a weekly chart comparison

200 DMA 20 DMA need to be above compare to fib > retest and could against downward always compare against 50%

fib line 618 786 (bullish trend)

https://crawfordstrategyreports.com/fibonacci-retracement

You’ll want to place a stop just past the next resistance level, 78.6%.

golden ratio zone fib and moving average (mid pivot level)

CCI 14,5

fib resistance of previous high

bull bear line overhead resistance

look for 50% Of the drop

trade sideways

look for 4 hour resistance

DMA 50 above →entry

look for flag or pennant (side ways consdolitation) use trendline to measure breakout

https://www.babypips.com/learn/forex/pennants

use alarms for entry level potential

support and resistance trendline

look for pull back → 200 DMA low of potential high

retest open high bounce above 200 DMA measure high and low → bullish reversal

4HR 200 DMA for potential entry

measure first swing

compares against USD or BTC

flag pattern for consolidation

current price below DMA 200 so downtrend→ look for support level

equal measure move from previous high and low → bullish gotly pattern

4 hour chart

fib target project from previoss swing

NEED 3 SWINGS FOR ENTRY POTENTIAL look for ABC pattern correct

triple top

or double level

compare to daily chart

compare crypto performance vs benchmark like BTC

screens 200 coins twice a day

when BTC outperform ETH (be in BTC or maybe LTC)

inverted head and shoulder wedge consolidation

MA 200 close

EMA 20 close

MA 50

look for fib retrace level on projection

bottom and looks for impulsive move or impulsive candle

https://2ndskiesforex.com/trading-strategies/forex-strategies/impulsive-and-corrective-price-action/

wave count

50% drop after rally → look for ABC correct or flag pattern

measure against daily and weekly can take partial profit

look for breakout but could be stuck in range →flat moving average down to fib/support or resistance to measure potential breakout

uses binance

daily chart trend line up to equal measure move of 50% of prior low

fib of high to low to set target (786 fib)

if it continues to drop below fib or support level, drop off potential

use elliot wave

for capital allocation, put into top 3 potentials

 

Warning on your sleazy forex broker account and crypto currency exchange 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Meetup update! Trade Like a Pro with Patterns esp ABC

Meetup update!   Trade Like a Pro with Patterns esp ABC

This Meetup description has been updated from Suri at the end:

  • Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

    As I have been working on 3 various algos/indicators, I thought I would introduce you to one of the authors behind a promising pattern called Auto ABC patter recognition. Suri Duddella is considered the Godfather of Patterns since he wrote his excellent book,:

    Trade Chart Patterns Like the Pros: Specific Trading Techniques

    http://www.amazon.com/Trade-Chart-Patterns-Like-Pros/dp/1604027215

    More info on his site: http://www.surinotes.com/

    He is also creator of this ABC which can be the base of 15 of the 65 patterns highlighted in this book. I personally managed to get this pattern ported into Matlab and it also shows some interesting promises which I need to further investigate.

    From Suri:

    Success and Failure of Chart Patterns Trading

    * Chart Patterns Modeling
    * Essential Pattern Structure Components & Analysis
    * Practical Statistics of Patterns Success and Failure
    * Examples of Chart Patterns in TradeStation

     

     

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Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

Monday, Jun 1, 2015, 7:00 PM

GotoMeeting Webinar online
GotoMeeting Webinar online Toronto, ON

17 Researching Traders Went

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABCAs I have been working on 3 various algos/indicators, I thought I would introduce you to one of the authors behind a promising pattern called Auto ABC patter recognition. Suri Duddella is considered the Godfather of Patterns since he wrote his excellent book,:Trade Chart Patterns Like the…

Check out this Meetup →

 

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

Monday, Jun 1, 2015, 7:00 PM

Location details are available to members only.

16 Members Went

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABCAs I have been working on 3 various algos/indicators, I thought I would introduce you to one of the authors behind a promising pattern called Auto ABC patter recognition. Suri Duddella is considered the Godfather of Patterns since he wrote his excellent book,:Trade Chart Patterns Like the…

Check out this Meetup →

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Intro ABC pattern recognition and Murrey Math Lines for trading

Intro ABC pattern recognition and Murrey Math Lines for trading

Here is an combination of custom indicators. Profit potetial? One more indicator to go

Join my FREE newsletter to learn more about these indicators being worked on

Historical searches:

https://quantlabs.net/blog/?s=abc

https://quantlabs.net/blog/?s=murrey

What Murrey Math Lines mean:

https://www.mql5.com/en/code/8570

ibmABC ibmABC2015 ibmMML ibmMML2015

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

Monday, June 1, 2015

7:00 PM

As I have been working on 3 various algos/indicators, I thought I would introduce you to one of the authors behind a promising pattern called Auto ABC patter recognition. Suri Duddella is considered the Godfather of Patterns since he wrote his excellent book,:

Trade Chart Patterns Like the Pros: Specific Trading Techniques

http://www.amazon.com/Trade-Chart-Patterns-Like-Pros/dp/1604027215

More info on his site: http://www.surinotes.com/

He is also creator of this ABC which can be the base of 15 of the 65 patterns highlighted in this book. I personally managed to get this pattern ported into Matlab and it also shows some interesting promises which I need to further investigate.

Join my FREE newsletter to learn more about other powerful Meetups online 

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

Monday, Jun 1, 2015, 7:00 PM

GotoMeeting Webinar online
GotoMeeting Webinar online Toronto, ON

17 Researching Traders Went

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABCAs I have been working on 3 various algos/indicators, I thought I would introduce you to one of the authors behind a promising pattern called Auto ABC patter recognition. Suri Duddella is considered the Godfather of Patterns since he wrote his excellent book,:Trade Chart Patterns Like the…

Check out this Meetup →

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABC

Monday, Jun 1, 2015, 7:00 PM

Location details are available to members only.

16 Members Went

Suri Dudella Meetup: Trade Like a Pro with Patterns esp ABCAs I have been working on 3 various algos/indicators, I thought I would introduce you to one of the authors behind a promising pattern called Auto ABC patter recognition. Suri Duddella is considered the Godfather of Patterns since he wrote his excellent book,:Trade Chart Patterns Like the…

Check out this Meetup →

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Say hello to our ABC Pattern Fib band trading chart

Say hello to our ABC Pattern Fib band trading chart

This is the first of many coming from the world of Matlab, there 6 bands of 3 upper and 3 lower. Don’t worry, there is more to come but consider this a progress report

ibm

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Auto ABC Pattern Recognition Metatrader code for forex trading

Auto ABC Pattern Recognition Metatrader code for forex trading

This code completes the traingle of indicators I am looking at

https://www.bigmiketrading.com/ninjatrader-programming/8015-auto-abc-projection-indi-2.html

http://www.surinotes.com/

Join my FREE newsletter to learn more about what these indicators are

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

ABC Pattern trading for forex ?

ABC Pattern trading for forex ?

This is for auto pattern recognition which can be used for any assets

Join my FREE newsletter if this is worthy to pursue

https://www.tradestation.com/en/education/events/on-demand-webcasts/spotlight-on/suri-duddella

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

ABC Elliot Wave correction in the world quant analytics?

ABC Elliot Wave correction in the world quant analytics?

http://CMTTRADER.blogspot.com

It looks to me as if the market is settling into a nice little support area and from the looks of things we could be seeing an ABC correction. from the high in April to a couple of the ups and downs in between it seems we could be heading for a move up once the bears sell off. Today I thought I saw some capitulation on the 50 day 60 minute chart right around 10:30am. http://CMTTRADER.com

 

I noticed your comment as I was “surfing” the discussions. Which market are you talking about?

 

I was looking at the S&P 500 SPDRS

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!