Tag Archives: negative

Bitcoin charts establish support at 7787 but recent momentum goes negative

It seems that this support was establish at 7787 with Fib level .618 using hourly data over the last 24 hours. Analytic charts are included so this is not just hunches. This is actual charts data from a real crypto exchange!

See the latest charts here

https://quantlabs.net/blog/2019/05/bitcoin-charts-shows-support-at-7787-but-recent-momentum-goes-negative/

 

Remember I use Kraken data where this is Bitcoin against the US Dollar.  The charts are in the post. Let me know what you think of this analysis.

 

https://quantlabs.net/academy/quant-analytics/

 

Note that a live event will take place this Monday at 12 noon EDT (same as NYC) to discuss the latest results of both these new Kraken and Forex bots. I will send out the log in info with notices in the next few emails. You can also view it on my blog or at the Facebook.com/quantlabsnet page under the Events tab.

 

Thanks Bryan

 

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Bitcoin charts shows support at 7787 but recent momentum goes negative

It seems that this support was establish at 7787 with Fib level .618 using hourly data over the last 24 hours. Analytic charts are included so this is not just hunches. This is actual data from a real crypto exchange!

 

Remember I use Kraken data where this is Bitcoin against the US Dollar.  The charts are in the post. Let me know what you think of this analysis.

Quant Analytics

All these charts will be updated as part of my Analytics service listed here. Also, note that this is the lower monthly price you will get right now. Signals will be included so price will go up soon as well.  The Word document highlights over 18 potential other big alt coins.

Charts were drawn by using this course I created

Python Algo Trading Infrastructure with Crypto Currency

 

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Cryptocurrency Risk on volume weighted average price stat is negative since May 16

It seems that the cryptocurrency is more negative than positive. I have also tested many different threshold to have higher probability of profit. It seems that this volume weighted average price metric needs to be at close around 2. Here the average is -0.21 which shows the amount of downward pressure on the entire asset class.

How is this volume weighted average price calculated?

I use the volume and hourly price of BTC, ETH, LTC, ETC, and BCH to measure it. This is also measured hourly as you can find in the image.

What does this mean?

It seems that the space is more negative with whipsaws that take out open positions. They come out of nowhere which means you get a very high probability of losing positions. It seems that is quite difficult to trade in these conditions. When the overall crypto space (usually driven by the performance of BTC), it seems the trading conditions are never good to fight upstream a surging river. I have tested this since Friday these conditions. Over the last 24 hours, it just seems there are more negative positions than positive even if this average price hits close to 0.94.

As a result, it might be best just to wait it out until automated trading kicks when this average price hits around 1.5 or 2 for higher probability of winning positions. How often this happens is another question. We shall be ready when it does happen.

What you seen in red is the average price of what is described above.

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Track negative crypto currency pairs to prevent losing trades

Track negative crypto currency pairs to prevent losing trades

This is an important trend to understand. As I have been testing this strategy for many weeks, this a typical move I can see why positions will go negative. The question to ask if it is worth taking a trade. I always look for negative down choppiness over a certain time. It seems to be very consistent if you understand the nuance of the crypto currency asset class. As a result, I am tracking all the negative moving crypto currency pairs. You can see this in this 4 minute video

There will be a report for my Analytics for this

Quant Analytics

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Spread for dynamic bid ask spread video is negative for forex trading

 

Thanks to this person for sending on this topic of unknown dynamic bid ask spread which works against you for forex trading thanks to your broker

These are wise words from a very experienced trader in my community. This was sent out with the original email sent out yesterday so see below:

A couple of tips with MT4

 

  1. Not commonly known is that you can show both Bid and Ask lines on the MT4 platform chart. This way you can observe how you broker widens the spread often before the next candle is printed

Uncheck your grid lines  – i.e. show grid,

 

Select the colour for the Bid line – ie select “Grid” in this case it is Aqua, and the ask line is Magenta

You can see the Bid (Aqua)/Ask (Magenta) spread on the chart below.

 

 

  1. Be aware that some brokers such as OANDA have a dynamic bid ask spread – which can also trigger you exits prematurely or miss your targets. There is also the issue of delayed orders. See attached file.
  2. Finally your readers should be aware of the different types of brokers ECN, STP, market makers (MM) and hybrids. This affects your execution as well – they MM and hybrid have two types of clients A=Book and B-Book – but that is for another time.
  3. Oanda_Issues2  

 

these are my results from testing and observation, there are nothing contrived here.

Just a heads up for those traders starting out should know that the odds stacked against them in this casino.

 

Here is another link that I encourage novice traders to view.

 

What Are Transaction Costs and How Do They Impact Your Algorithm’s Performance” Webinar

Original email:

Understand bid ask spread price for forex trading success

Very important to under get the fundamentals of this otherwise you will be whining about your losses you cannot figure out,. Watch the video in this link as well

 

Real time P&L algo automated forex trading lesson

Crypto trading vs forex webinar playback

 

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3rd Sell-Side Quant Team Turns Negative On The Markets

3rd Sell-Side Quant Team Turns Negative On The Markets

Lots of details posted here with this analysis

Downgrading Value: “We are tactically downgrading Value from a Long to a Neutral position globally. This is mainly driven by sentiment towards Value reaching previously unseen extremes in a market where we are concerned about policy risk and near term increases in volatility.”

https://www.streetinsider.com/dr/news.php?id=12638525&gfv=1

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Uh oh. Canada bond goes negative

Uh oh. Canada bond goes negative

Well here is a first for Canaduh

Thanks for George on Facebook for sending

http://www.cbc.ca/news/business/cibc-negative-yield-bonds-1.3685259

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Central Banking and Negative Interest Rates

Central Banking and Negative Interest Rates

Discussion on the end of paper money by Dr Paul Cottrell

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#negative Great once unorthodox are now becoming Orthodox

Great once unorthodox are now becoming Orthodox

[igp-video src=”https://quantlabs.net/blog/wp-content/uploads/2016/08/negative-Great-once-unorthodox-are-now-becoming-Orthodox.mp4″ poster=”https://quantlabs.net/blog/wp-content/uploads/2016/08/negative-Great-once-unorthodox-are-now-becoming-Orthodox.jpg” size=”large”]
#negative Great once unorthodox are now becoming Orthodox

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Quant view of going negative

Quant view of going negative

I don’t think it take a quant or PHD, going negative is bad. Very bad!

http://www.garp.org/#!/risk-intelligence/detail/a1Z400000033TqUEAU/quants-view-negative-interest-rates-part-II

Thanks to the NYC Contact for sending

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