EpicTrader-CFO-CFA-CRMP-Director
Professional financier. CFO, CFA, Certified risk manager, cyber security pro & board director. Trading by elliot vawes, rsi, volume. Enjoy your journey!
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The way to success in crypto? (GUIDE, Part1)
It is not a secret, that crypto market has insane volatility, but it is still possible to succeed.
What would you need ?
Proper risk management model and stick hard to the model.
for example, open position for 2.5% of balance X10 which totals to 25% max risk in worst case and you got the funds to doubledown when the instrument reaches its bottom, in case the market went against you.
You will never have a problem or nerves to stay in position for even a week or two, plus you will always have balance to trade with.
Never take more than 120% account risk.
Now You are ready to trade successfully, make profits and find your true edges in the market setups to trade them.
once you found your edge, you could trade it 50% balance at risk, or even 75%, because your edge provides 99% chance of moving.
With this risk management model, you can achieve 100% win rate, no stops required.
Pretty simple, yet bulletproof risk strategy.
UPDATE#1:
always enter position on the RIGHT side of the V, don't attempt to get ahead of trend reversal, as it may not reverse and you will stay in.
UPDATE#2:
Study chart examination techniques like elliot vawes, supply and demand, volumes!
Volumes are extremely critical aspect. Bots, Hedgefunds, market makers may manipulate prices, but they are unable to manipulate volumes!
Do not overload youe chart with indicators, lines and so on, this would only make hard times to make a decision. In fact, all the information on chart will become such a noise, that it will prevent you from making proper decisions.
What do i use?
plain chart (no drawings) for reading elliot vawes, volumes, macd (it helps reading vawes + a momentum indicator).
UPDATE#3:
Position sizing:
Size your positions at comfortable amount, otherwise, the position going under will force you to nerve and panic.
Do not enter 4% at once, go 0.5% and add as it dips on corrections (3m, 5m,15m charts).
Short or Long?
Long has limited risk, short - unlimited.
New updates soon. Stay tuned.
Have fun in the market, buddies :)
It is not a secret, that crypto market has insane volatility, but it is still possible to succeed.
What would you need ?
Proper risk management model and stick hard to the model.
for example, open position for 2.5% of balance X10 which totals to 25% max risk in worst case and you got the funds to doubledown when the instrument reaches its bottom, in case the market went against you.
You will never have a problem or nerves to stay in position for even a week or two, plus you will always have balance to trade with.
Never take more than 120% account risk.
Now You are ready to trade successfully, make profits and find your true edges in the market setups to trade them.
once you found your edge, you could trade it 50% balance at risk, or even 75%, because your edge provides 99% chance of moving.
With this risk management model, you can achieve 100% win rate, no stops required.
Pretty simple, yet bulletproof risk strategy.
UPDATE#1:
always enter position on the RIGHT side of the V, don't attempt to get ahead of trend reversal, as it may not reverse and you will stay in.
UPDATE#2:
Study chart examination techniques like elliot vawes, supply and demand, volumes!
Volumes are extremely critical aspect. Bots, Hedgefunds, market makers may manipulate prices, but they are unable to manipulate volumes!
Do not overload youe chart with indicators, lines and so on, this would only make hard times to make a decision. In fact, all the information on chart will become such a noise, that it will prevent you from making proper decisions.
What do i use?
plain chart (no drawings) for reading elliot vawes, volumes, macd (it helps reading vawes + a momentum indicator).
UPDATE#3:
Position sizing:
Size your positions at comfortable amount, otherwise, the position going under will force you to nerve and panic.
Do not enter 4% at once, go 0.5% and add as it dips on corrections (3m, 5m,15m charts).
Short or Long?
Long has limited risk, short - unlimited.
New updates soon. Stay tuned.
Have fun in the market, buddies :)
$JASMY jasmy back to 0.025-0.026, next target previous high of 0.027+, then the 12h and 1D takes us into the skies towards 0.05-0.07
There is also event of jasmy, deployed L2 solution
There is also event of jasmy, deployed L2 solution
$BTC if you count the monthly elliott vawes on BTC on binance, then you can find out that we are at the monthly ABC correction in phase A.
With a remark, if month closes in red.
With a remark, if month closes in red.
$BTC heading to 61.5-62k, with possibility to break towards 50-52k.
Keep eyes open and act according to situation.
Keep eyes open and act according to situation.
Get super careful, today monthly chart is closing !
$DOGE after hitting 0.2293 hourly correction pending.
bullrun, the correction will be small and fast.
buy the dip
bullrun, the correction will be small and fast.
buy the dip
The 12h $BTC h&s didnt play out yet.
if the btc breaks above 73k, the h&s will be void and draw a reversed bullish h&s of about 12k, which could lead into a bull run towards 85k.
otherwise, we could see a massive dump into ~50k.
trade carefully & responsibly.
if the btc breaks above 73k, the h&s will be void and draw a reversed bullish h&s of about 12k, which could lead into a bull run towards 85k.
otherwise, we could see a massive dump into ~50k.
trade carefully & responsibly.
$BTC are you seeing what i am seeing?
* 4h head and shoulders ? it is actually also 12h h&s.
the chart shows 12h downtrending channel in red, and green line is top of 2h channel.
* Weekly has doji star bearish sign as well.
* interest keeps dropping on btc, telling us that people are not muc interest in btc at thpse price levels.
* moment downtrending and keeps its descendence on macd & rsi.
Be the things playing out, we are targeting at least 52k to 50k, with probability to temporarily dip into 47-48k territory.
Strictly bearish, with multiple confirmations by moment, interest, volume.
Take care!
* 4h head and shoulders ? it is actually also 12h h&s.
the chart shows 12h downtrending channel in red, and green line is top of 2h channel.
* Weekly has doji star bearish sign as well.
* interest keeps dropping on btc, telling us that people are not muc interest in btc at thpse price levels.
* moment downtrending and keeps its descendence on macd & rsi.
Be the things playing out, we are targeting at least 52k to 50k, with probability to temporarily dip into 47-48k territory.
Strictly bearish, with multiple confirmations by moment, interest, volume.
Take care!
$BTC are you seeing what i am seeing?
* 4h head and shoulders ? it is actually also 12h h&s.
the chart shows 12h downtrending channel in red, and green line is top of 2h channel.
* Weekly has doji star bearish sign as well.
* interest keeps dropping on btc, telling us that people are not muc interest in btc at thpse price levels.
* moment downtrending and keeps its descendence on macd & rsi.
Be the things playing out, we are targeting at least 52k to 50k, with probability to temporarily dip into 47-48k territory.
Strictly bearish, with multiple confirmations by moment, interest, volume.
Take care!
* 4h head and shoulders ? it is actually also 12h h&s.
the chart shows 12h downtrending channel in red, and green line is top of 2h channel.
* Weekly has doji star bearish sign as well.
* interest keeps dropping on btc, telling us that people are not muc interest in btc at thpse price levels.
* moment downtrending and keeps its descendence on macd & rsi.
Be the things playing out, we are targeting at least 52k to 50k, with probability to temporarily dip into 47-48k territory.
Strictly bearish, with multiple confirmations by moment, interest, volume.
Take care!
$BTC as far as it looks, we are forming 12h downtrending channel.
we can speculate close above tbis, close above that.
the truth, price moves within channel, up or down.
in every TF, its own channels formed.
so that, the jump to 68k was the high of fresh formed 12h downtrending channel.
GL everyone.
we can speculate close above tbis, close above that.
the truth, price moves within channel, up or down.
in every TF, its own channels formed.
so that, the jump to 68k was the high of fresh formed 12h downtrending channel.
GL everyone.
$BTC the BTC returned into a drop channel below 64k, after an attempt to break off dropping channel, the return into the channel have been made.
I warned 2 days ago, that the recovery is fake, since the interest in btc was constantly dropping even while moving up in price.
first targets on the horizon 60 and 58k, if they fail to stop, we are likely to drop towards 50k, where significant interest present.
Whether btc will drop to 50k, is unknown, but if 58k fails to stop the drop, somewhere around 50k would be the next target. perhaps 51-52k.
Good luck.
I warned 2 days ago, that the recovery is fake, since the interest in btc was constantly dropping even while moving up in price.
first targets on the horizon 60 and 58k, if they fail to stop, we are likely to drop towards 50k, where significant interest present.
Whether btc will drop to 50k, is unknown, but if 58k fails to stop the drop, somewhere around 50k would be the next target. perhaps 51-52k.
Good luck.
See original
I almost snatched a b4n from a banana for revealing some introductory mathematics.
That's why I'll write it in Russian :)
In general, swarms based on futures positions have a serious flaw, which leads to an overestimation of losses and an underestimation of profits.
Be carefull! :)
look for my previous post about this, because yesterday’s was deleted and a warning was issued))
That's why I'll write it in Russian :)
In general, swarms based on futures positions have a serious flaw, which leads to an overestimation of losses and an underestimation of profits.
Be carefull! :)
look for my previous post about this, because yesterday’s was deleted and a warning was issued))
$BTC binance attempts to spur interest back into crypto by recent announcement of usd-m margined fees temporary discount.
Maker 0.00% fee
Taker 0.017% fee.
Maker 0.00% fee
Taker 0.017% fee.
the ETF outflows continue, and this weekend looks to be dumping once again.
the int. yet keeps dropping down, marking it as unwillingness to buy at this price levels.
the int. yet keeps dropping down, marking it as unwillingness to buy at this price levels.
CoinDesk
--
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
JPMorgan says bitcoin remains overbought.
Spot ETFs witnessed a significant outflow in the past week.
Bitcoin profit-taking could continue into the halving event, the bank said.
Cryptocurrency markets suffered a sharp correction in the past week with the price of bitcoin {{BTC}} falling by over 15% before rebounding after the Federal Open Market Committee (FOMC) meeting on Wednesday. The sell-off may not be over as positioning still looks overbought, JPMorgan (JPM) said in a research report Thursday.
“There remains considerable optimism in the market over the prospect for prices rising significantly by year-end, with a significant component of that optimism arising from a view that bitcoin demand via spot exchange-traded funds (ETFs) would continue at the same pace even as the supply of bitcoin diminishes after the halving event,” analysts led by Nikolaos Panigirtzoglou wrote.
The quadrennial reward halving is when miners’ rewards are cut in half. The next halving is expected in mid-April.
However, the bank notes that the pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week.
“This challenges the notion that the spot bitcoin ETF flow picture is going to be characterized as a sustained one-way net inflow,” the authors wrote.
“In fact, as we approach the halving event this profit-taking is more likely to continue, particularly against a positioning backdrop that still looks overbought despite the past week’s correction,” the report said.
Read more: Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
Spot ETFs witnessed a significant outflow in the past week.
Bitcoin profit-taking could continue into the halving event, the bank said.
Cryptocurrency markets suffered a sharp correction in the past week with the price of bitcoin {{BTC}} falling by over 15% before rebounding after the Federal Open Market Committee (FOMC) meeting on Wednesday. The sell-off may not be over as positioning still looks overbought, JPMorgan (JPM) said in a research report Thursday.
“There remains considerable optimism in the market over the prospect for prices rising significantly by year-end, with a significant component of that optimism arising from a view that bitcoin demand via spot exchange-traded funds (ETFs) would continue at the same pace even as the supply of bitcoin diminishes after the halving event,” analysts led by Nikolaos Panigirtzoglou wrote.
The quadrennial reward halving is when miners’ rewards are cut in half. The next halving is expected in mid-April.
However, the bank notes that the pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week.
“This challenges the notion that the spot bitcoin ETF flow picture is going to be characterized as a sustained one-way net inflow,” the authors wrote.
“In fact, as we approach the halving event this profit-taking is more likely to continue, particularly against a positioning backdrop that still looks overbought despite the past week’s correction,” the report said.
Read more: Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
$BTC beware, it looks like a fake pump a.k.a manipulation.
see the lower chart, the interest keeps dropping, while price rises!!
see the lower chart, the interest keeps dropping, while price rises!!
today in nearly 3 hours FOMC meets on FED interest rate.
The widely anticipated is the rates to stay the same 5.25-5.50.
Meanwhile, short term rates slightly rising (1month, 3 months), and the midterm (2yr) slightly dropping, as well long term 10yr treasury rates slightly dropping.
All those rises and drops are very tiny, however they indicate changes to RRR short term, mid term and long terms.
RRR is the required rate of return on funds by investors, whic means, in short term investors gling to demand slightly higher returns for which prices need to slightly adjust downwards, but not significantly.
What will really play the huge role in markets is not the decisions itself, but the Federal Open Market Commetee's remarks, which likely to come bearish due to recent hotter than expected CPI data (inflation above expected).
Ill see you soon 🤘
The widely anticipated is the rates to stay the same 5.25-5.50.
Meanwhile, short term rates slightly rising (1month, 3 months), and the midterm (2yr) slightly dropping, as well long term 10yr treasury rates slightly dropping.
All those rises and drops are very tiny, however they indicate changes to RRR short term, mid term and long terms.
RRR is the required rate of return on funds by investors, whic means, in short term investors gling to demand slightly higher returns for which prices need to slightly adjust downwards, but not significantly.
What will really play the huge role in markets is not the decisions itself, but the Federal Open Market Commetee's remarks, which likely to come bearish due to recent hotter than expected CPI data (inflation above expected).
Ill see you soon 🤘
$BTC Are you ready for drop? 10 minutes to day closure.
2h, 4h, 6h, 8h and 12h on the verge of crash, and they close altogether at 00:00.
Even if they rebound until mid day tomorrow, we will most likely see incresible drop by tomorrow day closure.
good luck everybody 😊
2h, 4h, 6h, 8h and 12h on the verge of crash, and they close altogether at 00:00.
Even if they rebound until mid day tomorrow, we will most likely see incresible drop by tomorrow day closure.
good luck everybody 😊
$JASMY dropped to 0.017, and i bet it goes into 15s, perhaps even into 12s after 15s.
if you still long, i hope at least you hedged.
if you still long, i hope at least you hedged.
$BTC if BTC closes below 65k, and it is likely to do so according to 6h, 8h, 12h charts, we are in a bearish market.
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