Tag Archives: NICTrades

pricing levels raw notes of NicTrades of June 4 and 11 are now posted

More raw notes of NicTrades of June 4 and 11 are now posted for my ELITE members.

http://quantlabs.net/academy/shopping-cart/

I may listen to another show to confirm the strategy development methodologies.

This includes simple trading methodologies

1. Minimum and Maximum (peak and valley) of pricing trends where you generate Fibonacci retracement levels. You can set various pricing levels from these. New support and resistance can be used from these new Fib levels.

2. Up and downward trend line of recent max and min pricing action. This can be used also for pricing target levels. These can also be used as pennants or flags which I found were tough to code up.

3. Notes on how moving averages can converge to show range trading which is tough to trade. You can also use these levels of support vs resistance.

4. There is various techniques to find market bottoms. These are all documented but you can find these either with this link https://quantlabs.net/blog/2018/06/raw-notes-nictrades-june-4-11/

I hope to starting coding this up starting Monday. Expect some new charts and report that will come out of this effot. They will all be posted for Quant Analytics members.

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

Thanks Bryan

 

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

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!

My raw notes of Nictrades for June 4 and 11

I am doing a binge of nictrades for the latest discovery in strategy development in the crypto curency markets. If you do not know who this is, please do a search with Facebook for the Nictrades page. You could easily follow her procedures to properly understand the how to use simple indicators like Fibonacci Retracement levels and moving averages to tell a story with pricing target levels. She does live streams every Monday.

If you watch Nictrades from Monday, June 11 you will quickly realize that Bitcoin had a similar correction in 2014 as it is having for 2018. It took about 18 months for the price to correct. Will it take just as a long to correct with this new correction? Will Bitcoin even survive? Did you realize maybe Ethereum has better performance? These ideas are the magic of crypto currency markets.

Here is the Facebook page https://www.facebook.com/NicTrades/

Where are the notes?

I am typing up the raw notes from the Nictrades streams of June 4 and 11. I may even do the late May one. It is important to stress that I posted these raw notes from my ELITE members which you can get access here.

http://quantlabs.net/academy/introduction-quant-elite-membership/

You can even find a more affordable option at the store if you are interested in the access.

http://quantlabs.net/academy/shopping-cart/

There is a lot more but you will find the many many benefits here.

http://quantlabs.net/academy/introduction-quant-elite-membership/

P.S. Expect a lot more different set of charts with pricing target levels and more precise trading logic

 

Apply stats for 310+ crypto currencies for most volatile or highest momentum

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!

Nictrades notes from April 16 stream including moving averages

Nictrades notes from April 16 stream including moving averages

 

These tips include moving average tips I have been influenced by

This Nictrades is one of the better sources to find out how the pro traders work. You can go into their minds through her weekly streams on Facebook. Here is another set of notes from her session today:

Nictrades April 16

Impulse wave

pull back on moving averages

support and resistance (min/max)

50 % of max drop

Bull flag (shaking out from pattern since people watch for it)

Prevent shakeout of whale traders

Declining wedge looking for higher low

61.8 fib of low to high to set target

golden cross where moving averages go above 200

50% of high to low for target

abc pattern

wedge pattern

create notification/alert for target broken

need to show fib level on fib charts

could have 50% retrace down

upside target using fib 1.618 and 2.618

fibanacci or moving average pullback after trend

can have 50% retrace/pullback

could

2.36 fib retrace level for new target

never full size of position only half the positon when you cannot watch it live e.g. 200 vs 100 on positions

need to break through upside target

can abc correction don’t want bearish patterns/symmetry

apply tight stops in these conditions abvoe

if bear abc flag close open positions

can apply channel in range bound

.236 resistance can be breakout as bullish reversal for breakout , set confirmation level target

take partial at .382 cause it may pull back and 2nd pull back my breaktrough

from max to high take 50% and set fib levels from there

set fib from the high but use from the most recent swing low, set new fibs

head and shoulder levels

1.618 exit target .236 entry

measure fib from candlestick wicks

50% of big candle move up so set new fib there (support is there) ←-good entry (this works well in commodity in gold oil)

can use 50% of DMA 50

always look for support

3 waves for correction so use trendline to confirm breakout

886 fib retrace for big wedge

CCI or RSI to verify momentum for trend. CCI is trigger with line on 14 d moving averages

RSI only for strength

ABC correction on 3rd wave

Kucoin.com trade pro

 

Look for ABC NICTrades crypto currency Bitcoin notes

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!

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

Understanding 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!