I have multiple positions which show tiny profit constantly. Is this luck or part something. One thing I can figure if this is NOT luck is the system uses only strong momentum. After watching the crypto currency market for over 12 hours, there were only 4 pairs that were worthy trading. Many other conditions are use but is fully explained in this video below.
Are you aware of the upcoming LIVE intake course for this custom Python algo trading infrastructure I got coming up.
Despite a down market or even down crypto currency down market, I am proving to myself there is lots of opportunity to watch certain coins. They perform well on Binance but you would need to track whipsaws to protect your downside risk.
This video explains my view on how this strategy may change as I have this new real time minute by minute chart capability to closely study certain crypto currency pairs of interest,
Offers
I will showing this new chart type in this new course but note the price
I am thinking of dumping Oanda due to my analysis last nite. See the previous post for that reason. After digging deep back into crypto with Binance, I was seeing some funny business in the charts. I must say I am quite intrigued since I thought this exchange was always above aboard. I could be wrong no different than anyone else.
Any ways, this video should show the potential of crypto with the newer pairs. DO note that there are 410+ plus but I am sure there are some crap ones with low volume. Some will be useless since they are manipulated potentially. You be the judge after watching this with future videos I will do.
See below for this Mondays’ webinar details
I will be digging deep with my Analytics service which you can join here
Sheesh… this ia time a waster as well as not a proper use of your capital deployment. You should always focus on where max opportunities will be. Remember this log is from the data form Oanda with both CFD and Forex. Now we have to look toward crypto on Binance for that. As a result, I shall do that as explained in this Facebook live stream.
P.S. I you want to trade the real deal instead of CFD, trade options/futures on Interactive Brokers. AS we know, that is big boy games where you better know how to pony up some cash.
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NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
Man, forex could be a waste of time. I look at the usual fast movers that involve ZAR (South Africa) or TRY (Turkish Lira), the RSI spikes but you will see the various timeframe which quickly move against you. Also, the rate of change is very small as in < 0.5%. Is it worth the risk with these unpredictable or volatile behavior? For instance, if you want to get an up move of 1.5 (vs 0.5), you would need to add 3x leverage. With this in mind, it shows that the risk is very very high with low probability. As compared to crypto with gets you easily 1% up moves with no leverage, it makes more sense to get better performance with much lower risk. Even compared to commission fee of retail forex brokers, crypto currency exchanges are so marginal that it makes it more worth it to focus on crypto. I may do this soon as forex is becoming a lost cause with all the reasons I am stating here.
Remember I am using Binance as the crypto exchange and Oanda with forex.
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
Here we go again. Another blood bath in the markets today. We need to decide where to trade and how to find predictability in the markets.
Crypto
Always random moves but both BNB ETH and BNB BTC has done very well again. Eg. >15% with others doing well as well. But what are the ones to trade? I just wish we could short these pairs because that is what was the only ones to profit opportunity today.
Forex
The usual culprits always show for potential ranging with TRY or ZAR for max pontial. Which cross will work this time? Will NZD oR AUD rise as their markets open up?
CFD
Gold was the only predictable with a >2%. That is a gimme. Also, there were so many shorting opportunities here but I only long for now. Shorting opportunity existed especially with the bad OPEC news today.
This is an important step to improve my watchlist logic to safeguard against fast moving whipsaws. When you open any random position, it can usually happen where it moves negative for whatever reason. I have struggled with this for many months. As a result, I now log the whipsaws in my fast moving instruments in each asset class I watch. This include forex, crypto, and CFD.
Cross reference
I like to use any potential instrument to cross reference against this list of whipsaws. I also track these whipsaws for about 6-8 hours. It seems this 6-8 parameter may need to be self adjusted depending on current market conditions. You would definitely want 8 hours in a negative moving market.
If any potential instrument is not on this whipsaw list, it would then be added to the watchlist. This is all shown in this short video.
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
A mixed day across the forex, crypto, and CFD asset classes. In this video, you can clearly see how well many pairs did with amount of swings over an hour or 3. It is quite impressive while forex and CFD is quite paltry. You might agree as to why I really like the crypto space as well.
New volume and hourly performance charts for crypto and forex
These look prettier than the ones before. You just download them among the reports you can request as shown in this vide. It is currently working for crypto currency but will expand into CFDs and forex as well.
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
SC ETH crypto alt coin and Gold only valid movers for Nov 24
Once again, the crypto currency has bashed down. The only coin that is valid right now is Sia crypto Coin but this changes very quickly. I guess another reason to get this Analytics service.
As for CFDs, the UK 10 Year Bond gets whipsawed so stay away. It looks like Gold is safe and maybe even Gold/Silver ratio swell. The best index barely is Hong Kong 30 so that looks like the one to watch as a safe haven.
I have added a whipsaw table now which is the former fast moving negative one. It is the same as a whipsaw. I also plan to put the charts in the reports section which you need to download.
