EURUSD-Daily Educational - Channel's Trade Secret's & Tip's🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
How To Trade Channel's like Pro / Tip's & Secret's
-------------
Step Number 1 -
You Have To Search For Reversal 3 low's / High'
near From each other Connected in same line level
-------------
Step Number 2--
Connect Upper line for more Than 3 Reversal
like what we Did in lower line Of Channel
-----------
Step Number 3 -
Here is the Confirmation to know if our Channel is
healthy and Strong Enough -
Middle line Should play Support and Resistance
in the Past
Example Here -- For Healthy Channel
3 connected High's / Low's
Middle line play Support and Resistance Rule
------------------
Trade Break Out Channel .. Target To next Channel line 1 : 2 Risk To Reward Allway's
For Best Result's Com-pain it with Support and Resistance Zone -- For more Confirmation
Educational
𝕋𝕣𝕖𝕟𝕕 ℂ𝕠𝕟𝕥𝕚𝕟𝕦𝕒𝕥𝕚𝕠𝕟 ℙ𝕒𝕥𝕥𝕖𝕣𝕟𝕤Hello friends! Let's keep learning?😉
Today we will talk about Trend continuation patterns 💪🏻
LET"S GOOO🐱🏍🐱🏍🐱🏍
🐂 Bull flag 🐂
The principle of bullish flag trading, like all technical analysis figures, is the same - a breakout of the control point is required. As soon as a breakdown has occurred, you can immediately post the target. The target in a bull flag will be the height of the pole.
There is one more feature of this figure - the canvas of the flag should be tilted against the main trend.
🐻Bear flag🐻
For the most profitable entry, it is better to enter into a deal with a pending order. As soon as the trade is entered, the take profit is placed at the height of the pole from the breakout point of the pattern.
🐂Bullish pennant🐂
The pattern trading rules are identical to the bull flag trading rules.
🐻Bearish pennant🐻
The trading rules are the same as for the bear flag.
Thanks for Your attention🙏🏻
Stay in touch🧡
Sincerely yours Rocket Bomb 🚀💣
Previous EDU post about Reversal-Patterns 👇🏻
Gold -- Upgrade Your Trading To Higher level By Following This🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
-------------------------------
How To Trade Like big Boy's - and Have Full Vision To Compete The Market
By Using Gann Square Fixed
-------------------
First Step -- Chose Good Low Far From Current Price Area --
------------
Second Step - First Vertical line Should be on Next Bottom
That before the Sharp Movement
------------
Step 3
Reversal Zone Here as we Can See
----- Price Sharp Movement when Enter this
Time Zone + Support line + Square line
--------------
Step 4 We Can Easly See a Very Good Support line
-------------
Step 5 We Can Easly See a Very Good Support line
With Time Zone Here - So Good Reversal
this mean Reversal Zone ..
------------
you Can Mix this Strategy with Trend analysis and your own Style to maximum your Earning's
EURUSD-2hr's Educational - 7 Steps To have A professional Entry🗒 Just browsing through my analysis means a lot to me.
➡️ Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied
Always enter into deals when there are more than 5 reasons
combined
Step Number 1
Turn level Trend .
. Play Support And Resistance Rule In The Past
-----------
Step Number 2
Draw & Find Major Trend 3 Reversal's
------------
Step Number 3
Find Channel Formation Near The Price
------------
Step Number 4
Search For Highest Volume Bar From Price Area
and Draw Rectangle that area
------------
Step Number 5
We Can Use Volume Spark As Very Good Target's level
or take it as Station's for Price and Good Entry's
------------
Step Number 6
Draw Turn level Support and Resistance
------------
Step Number 7
Volume Profile Point Of Control
So Important .. High Success Chance to Take Action Here
--------------
For Example Shorting Position ---
Break Out Point - For Example
---- 1.17000
Trend Break
Turn level Break
Turn level Break
High Volume Break
HEAD AND SHOULDER PATTERN ON GBP/JPY - June 2020YO TRADERS,
This is just an educational post.
Just thought of sharing how this HnS pattern formed and moved in the direction as expected. The video recorded is self explanatory on the formation of the pattern (Left shoulder - Head - Right Shoulder) formed between 3rd June 2020 and 11th June 2020.
As you can see in the video this is perfect HnS pattern forming on the 4H pattern. While this pattern is a perfect text book example, HnS patterns do not always turn up like these. But when they do its important to make the most of it.
After taking entry at the Neckline and price rejection the price moved 450+ pips in the downward direction before moving up again from the daily trendline. This is a positional trade and to achieve the max out of this you had to hold on to this trade for at least 10 days. The best way to maximise this was to use a trailing stop and then chill.
Hence, its always important to look out for such patterns being formed and most importantly identify them.
The no of trades you take are not important but the quality of one trade and riding on the profitable trade like this can make you a successful trader.
Hope this was useful.
Please like, share, comment and follow.
Thanks
Madtradex
Using Stop Loss correctly | Do not set up Stop Loss in AdvanceCONTENT
1 - Reason Why you should not set up Stop Loss Orders in Advance.
2 - The Best way to Use Stop Loss.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Why you should not add your Stop Loss in Advance?
If your stop loss is placed with a right logic then market will respect it. Market will test the stop loss again, giving you the chance to exit out.
Stop Loss are mostly placed in an area where bulls and bear swap their positions. Bulls will be selling their longs and bears will be buying their shorts at stop loss. Consider it as a Breakout point. Market breaks it and then tests it again in form Pullbacks.
80% of the time you will see the stop loss is tested and reversing under 5 bars. Traders who use tight stops just above minor high/lows are trapped to exit from the market.
1- Stop Loss is tested and reverses back to entry direction.
2- Stop Loss is tested with a Breakout in opposite direction and pullback is made to Stop Loss.
When bulls and bear swap their positions, all of the weak bulls and weak bears are out of the market. Only the aggressive bulls and bears are controlling the market.
1 – Aggressive Bulls and Bears
They add more to their position at stop loss area because they are betting on Reversal to Fail and they mitigate their risk by-
a - Exit breakeven on their first entry and profit on their second entry.
b – Exiting Breakeven for first and second entries.
2 – Weak Bulls and Bears
They are mostly beginners and are afraid to risk more. They find more suitable to trade a good risk/reward than high probability trade. They set stop loss near to the previous swing High/Low. Once their stop loss is hunted, they are out of the market. They will only trade when they see confirmation of trend in either direction.
What is the best way to use Stop Loss?
Market loves to trap to traders, especially weak bulls and bears. Setting up stop loss in advance always creates a level of Micro Support/Resistance. Best way to tackle this problem is to watch the market reaction at the Stop Loss. First test (called Stop Loss Bar) will be obviously like a good Breakout, (you might think it is going up higher but it is not confirmed yet). Wait for the next candle (called Follow Through Bar) to close. The strength of the Stop Loss Bar is defined by the Follow Through Bar. Follow through bar significantly tells how the market is reacting after a key point is tested.
Strength Indicators for Follow Through Bar
If closing as consecutive Bar to the Stop Loss Bar (Bull-Bull or Bear-Bear Candles) with closing on its High and no or small wick on top then likely to see market reversing and better to look to exit out.
If closing as opposite direction bar to Stop Loss Bar (Bull-Bear or Bear – Bull Candles ) then hold your position and wait for the market to react further. Don’t exit yet. It can be a trap.
If closing as Doji then don’t exit. Bulls and Bears are balanced. Confusion. If market goes into Tight Trading Range after Doji then expect 50-50 for Bull and Bear Breakout. Follow through bars after a Doji will give you a hint whether to exit or hold the position.
If you find inside bar irrespective of Bull or Bear then wait for information. Having wicks longer or equal to the size of body, on top for Bull Stop Loss Bar and on Bottom for Bear Stop Loss Bar is a sign of Weakness. Wait for more follow through and then decide to exit or hold.
If you find follow through bar closing as same of Stop Loss Bar (Bull-Bull and Bear Candles) If it is having wicks on top and bottom with a small body then wait for more information (more candles) market is not confident going above your stop loss yet so a good chance to trap some traders.
NOTE : You are likely to find out that terms I use are not conventional. I use the nomentclature which I find comfortable. You are free to name anything you want. The Logic behing those things matters not the names.
If you find this content useful then do let me know in Comments.
Thanks
FLAG = Impulse + Correction - "Learn More Earn More" with usWhat makes the chart interesting today is that:
. GBPAUD challenging the 1.8415 ~ 1.8450 resistance zone.
. Min 450 pips room to run. A break above 1.8450 could push the pair to its 1.8900 previous areas of interest.
. A rejection at the Flag range resistance, however, could lead to another retest of the Flag’s support.
Will the GBP see an upside breakout against the AUD ?
No one knows it! We have to wait and see!
Win rate. How to stay if profit zone...This painting is quite simple, but many novices can't use it because they don't have the patience.
So, they close their profitable positions with 1/1 or 1/2 risk/reward ratio.
But hold losses for a long time.
Hope this post will save your money and time.
You can be in profits even with low persentage of successfull trades but as you see only with 1/5 ratio!
Keep calm! Use predictable ratio! Become better every day!
Push like and write your comments.
Thanks for your support!
Basic explanation of elliot wave using GOLD Here's a short video for any new traders who want to learn the basics of elliot wave analysis. I made this for a friend but thought I'd just post it on a public platform so it could help others as well.
Pardon the quality! I've never made a video before so shall continue to improve in the future :)
Market Structures Explained - Short and SimplePrice action moves in a particular Market Structure.
We have three types of Broad Market Structures.
1 - Breakout 2 - Channels 3- Trading Range
1 - Breakout
Every Trend starts with a Breakout. Every Trend ends with a Failed Breakout. Breakout is the Strongest type of Trend.
2 - Channels
Trend is contained in a Channel. Pullback in channels categorises it in the Tight or Broad Channel. Channel is the Weakest Trend. Small Pullback Channel is a Tight Channel Only Look to buy in it. Deep Pullbacks are Broad Channels. 2 sided trading is possible in Broad Channel. Breaout from Trend always evolves in Trading Range. Some Channels such as Wedge or Triangles evolves into Trend Reversal.
3 - Trading Range
Market is not trending. Bulls and Bear both are making money in this structure. They scalp not swing. Chances of Breakout are 50-50 in either direction. 80% of the breakouts will fail in Trading Range.
Buy Low and Sell High Should be followed.
Trend begins with a Breakout. Breakout weakens into Channel. Channel evolves into Trading Range. Now, Market decides which way to go. Probability of Trend Resumption and Reversal is same.
If you find this content useful then do tell me in the Comments.
Thanks-
Ascending Triangle in Bitcoin - "Learn More Earn More" With USBitcoin is coiling for its next move.
The higher lows suggest strength, but BTC needs to secure a close above $12,100 to open the door to the $13,000 area.
Keep an eye on $11,600 in the event of a pullback.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Ascending Triangle in Bitcoin - "Learn More Earn More" With US
Keep Your Charts Simple StupidI keep seeing charts that are very complicated. If they work for you and are consistently profitable then great don't change a thing.
If they aren't then go back to the basics. Start top down. Monthly, weekly, daily, 4hr. Key levels and trend lines all you need looking for confluences.
Need more help message me x
Maslow's Pyramid & Rocket Bomb Descriptions in trading 🚀💣Hello, my dear lovers of self-development !💙💛
I haven't posted any EDU Posts for a long time. For me, each of them is special, in which I put all my soul and creativity 🤗
Today I would like to talk about very interesting topic - which is called <> !
💡The first thing, that came to my mind was Maslow's Pyramid of Needs .
If you start reading modern literature, You'll understand, that most authors think, that Maslow's pyramid no longer works, or doesn't fully work. 🤷🏻♀️
⚡ According to Maslow, higher-level needs can only arise when lower-level needs are met ⚡
Someone may disagree with this, but personally for me, everything is very transparent and obvious. Only by closing the basic needs (basic knowledge in trading) we go further, we simply don't think about what we have attained the truth in a certain sense. 🙏🏻💥
Now it has become fashionable in the world to refute theories and make adjustments in it🙄 But the wisdom, that has been passed down to us for centuries can't be ignored. 🙏🏻
Today I would like to share with You Maslow's Pyramid in my descriptions for traders. Hope You'll like it 🙏🏻
⚡At the first stage , a trader tries to cover the most basic needs: most often a person comes to the market for money, and that's the physiological need in trading.
⚡Going to the second stage, he seeks safety, because he faces difficulties ... and only if he realizes, that on the first stage he made a mistake (down arrow), after re - thinking, he can move on to the third stage (up arrow).
But that's a huge work. It takes time and endurance, patience and calmness, desire and fortitude!💪🏻
⚡With the transition to the third stage , a person becomes more successful, he change his thinking . And that's a great sign on the road to success.💪🏻 He begins to be proud of himself, but realizes, that there is an opportunity to develop further.🚀
⚡The fourth stage - he start makes a good profit, the trader, by default, accepts all previous experience and moves on, filled with motivation and success.💪🏻
⚡And the fifth stage - most important thing for any trader is self-realization. A trader understands, that he is successful, self-sufficient and he has something to share with other traders ... he can motivate, inspire, and that's the highest reward !!!💪🏻
Only 5% of traders reach the 5th stage, and maybe less.🔥
Do you strive to be part of that 5 percent? ☝🏻🧐 At what stage do you feel yourself?
Thanks for Your attention🙏🏻
Stay in touch🧡
Sincerely yours Rocket Bomb 🚀💣
💡 Discipline vs Motivation 💡Welcome friends!💋 What's more important to you: Discipline or Motivation?
Today we'll talk about it.😊
There are two main ways to force yourself to do something:
⚡ the first, most popular, is try to motivate yourself;
⚡ the second, less popular, is to develop self - discipline.
What's the difference?🧐
Motivation is based on the erroneous assumption, that a specific mental or emotional state is needed to complete a task.
Discipline separates activity from moods and feelings and thus bypasses the problem. The consequences are staggering.
Simply put, you don't have to wait until you'll in Olympic form to start training. No, you train to achieve this form!!!!
Why discipline is more important than motivation ? IMHO🧐
Chasing motivation means, that we need to do only what we're in the mood for.
The trick is to cut the connection between feelings and actions, to do right thing anyway. You will feel good and energetic afterwards.
To achieve success with only motivation is the wrong way. You risk losing your enthusiasm very quickly.
Since real life in the real world sometimes requires people to do things that can't always be done only with enthusiasm, sometimes willpower is needed.
Motivatio n has a tiny shelf life and needs to be constantly updated.
Motivation is not the best foundation for your normal daily activities, and it is unlikely to help you achieve long-term results.
Discipline is a motor, that once started and constantly supplies energy to You.
For consistent, long-term results, discipline trumps motivation. Discipline is when you do something even when you're not in your best condition.
Discipline is more or less permanent, and motivation is fleeting.
How to develop discipline? 🧐
You need to acquiring habits - starting with small, even micro ones, gaining momentum, using them to make further changes in daily life.
THE MAIN ADVICE TO YOU: Even if it's difficult for you - fight!🔥 The hardest fight is the fight with yourself! But the victory would be so sweet💪🏻
Thanks for Your attention🙏🏻
Stay in touch🧡
Sincerely yours Rocket Bomb 🚀💣
My first two chapters of free manual . Links below👇🏻 ENGOY YOUR LEARNING 🚀💣
Educational materials nr.2 Hello dear community, wish you have good day.
As it was in educational materials number 1, for analysis of company actively use metrics. They include calculation financial data from financial statement. This calculation uses to compare with other companies in sector and to compare with history of company. Metrics are part of complex analysis. Sources of metrics can be taken from Morning Star, GuruFocus and other.
Bad meanings of metrics do not mean, that company is bad. On metrics have influence external factors and all financial data are based on a last published statement. That is why this indexes are analyzed with financial statements of the company. For example, big debts can be general characteristic of sector.
We can make classification metrics as:
1) Based on income statement. Used to understanding overvalue/undervalue of company at moment.
2) Based on Cash Flow statement. Indicator of financial health of the firm.
3) Based on Balance sheet. Useful when you need to understand structure of the equity, assets and debts – indicate money-management of the company.
Exist many other metrics, but they are used in special methods of analysis of company.
Pros:
1. Easy to use and interpretation;
2. Some objectivity in analyzing of company;
3. Easy-to-understand calculations;
Cons:
1. Exist risk of manipulation of financial data in financial statement. Some guarantee exist, when company have an audit;
2. Need to check financial statement;
3. Do not give all-include analysis, needs research of environment and sector of the company;
Metrics are good in analysis of the company: easy-to-use, objective, possibility to understand situation on market and comparing with competitors. But they must be complete with qualitative analysis. This is comparing with competitors, analysis of market and research of financial statement.
Wish You have big profits and good investment,
Financial analyst and advisor - Valerii Selin
Simple rules to understand Supports and Resistances behaviour The idea of this post is to use this current scenario to provide an idea of how to work with clear Support and Resistances zones.
a) LOOK AT THE PAST: What we mean by this is to look for zones that you can define as reversal areas (support/resistance), this must be Evident if it is not then you should not be paying attention to that chart
b) Once you have found a situation in the past that is clear enough, you can think that similarities may happen to the current scenario, For example, we would say something like: The price will reverse towards a similar level as it happened on the past
c) Be ready to be wrong: We don't know what the price is going to do precisely, BUT we can assume two situations, either will break a level, or it will reverse on a level. Let's take the previous support zone as an example. We had an evident support zone, and the price dint reversed there, BUT the price stop for a while. so we can make a rule like this:
-IF the price breaks a clear support/resistance zone; first, it will tend to stop there and make a sideways movement for a while before continuing
-IF the price reversed on a level, I should see similarities to previous situations, and I can use it as models to follow and wait for triggers or signals that I saw worked before
d)LAST RULE: The price moves between specific Support and Resistance zones following the previous 2 ideas about breaking a level or reversing on a level / Take a look how the price broke the last zone support, making a sideways movement first. After that, the bearish movement continued and now has reached the next support zone, there we should think again that both scenarios can happen, and just react to the more evident one.
How To Trade Head and Shoulders Pattern - Educational PostThis tutorial contains educational material.
HOW TO TRADE THE HEAD AND SHOULDERS CHART PATTERN?
1. Wait for the price to breakout the neckline.
2. Enter the trade when price is testing the broken neckline.
3. Set your Stop-Loss above the neckline level or the right shoulder.
4. Set target to be equal with the distance between the neckline and head.
Please hit the LIKE button to support me!
FOLLOW ME if you liked this post and want to see more educational post and trading ideas.
Thank you!
How To Trade an Ascending Triangle - Educational PostHOW TO TRADE THE ASCENDING TRIANGLE?
1. Wait for the price to breakout from the inside of the triangle.
2. Enter the trade when price retest the breakout level.
3. Set your Stop-Loss below the last Lower Low of the market structure.
4. Set target to be equal with the distance from A to B.
This tutorial contains educational material.
Please hit the LIKE button to support me!
FOLLOW ME if you liked this post and want to see more educational post and trading ideas.
Thank you!
How To Trade a Falling Wedge Chart Pattern - Educational PostIn the above example you can see a continuation chart pattern.
After a strong rally, price start to reverse and formed a falling wedge.
How to trade the falling wedge?
1. Wait for a breakout.
2. Enter at the retest of the breakout.
3. Set your stop-loss bellow the market structure.
4. Set your target at the higher high of the falling wedge.
This tutorial contains educational material.
Please hit the LIKE button to support me!
FOLLOW ME if you liked this post and want to see more educational post and trading ideas.
Thank you!
FINDING THE BEST ROI BETWEEN SIMILAR ASSETS 📚 With Alpha's PoP💬Introduction :
Today we are comparing the Dow Jones, NASDAQ, and the S&P by their annual performance to show how our open source indicator "Alpha Performance of Period" (PoP) can be used and why the results are useful. We will also look at other markets later in the writeup to see how they compare and to get a sense of which markets provide the best risk-to-reward and ROI.
The idea here is to compare highly correlated markets over time to see which of these markets preforms the best overall represented by a period chosen by the user. This will help tell us which of these indexes is the best/worst to trade/invest with on average.
For this article we will assume "best" equates to "best for long positions", but the indicator could be used for other purposes such as best shorting opportunities (largest drawdown amounts).
Comparing these indexes shows that the NASDAQ has historically outperformed, while the DOW underperformed, and the S&P has been somewhere in the middle since the tech bubble on a year-over-year basis.
You can also see this on the chart as represented by the indicator's metrics contained within its label, but we will summarize it below:
NOTE: The figures below are rounded up to the nearest .01%, see charts for exact %'s.
Equity Indices Total Annual performance results: (main chart)
(Jan. 2000 - present)
SPX = +111.79%
NDX = +156.10%
DJI = +117.65%
Now let's look at the quarterly and monthly performance:
Equity Indices Total Quarterly performance results:
(Jan. 2000 - present)
SPX = +104.57%
NDX = +160.75%
DJI = +111.65%
Equity Indices Total Monthly performance results:
(Jan. 2000 - present)
SPX = +91.22%
NDX = +125.274%
DJI = +101.68%
Equities Summary:
While the NASDAQ has had periods of underperformance (for example the dot com bubble burst), on each of the charts you can see that not only has the NASDAQ outperformed (and the Dow underperformed) over time, the NASDAQ has also generally outperformed during each different period measurement. We won't do the math for each period here as that's the main purpose of this indicator, but you can apply the indicator on your own chart and take a look at it yourself.
The main takeaways for us are this:
1. You are better off trading and/or holding the NASDAQ when compared to the 3 main indexes.
2. You are better off trading the S&P than the DJI.
3. The performance of the NASDAQ during COVID isn't an anomaly, and it doesn't necessarily indicate a tech bubble, outperformance in a specific period and overtime is the norm with this index.
Now that you see how this works on the indexes, let's showcase how it can work for other markets.
-----
RARE EARTH METALS~
Rare Earth Metals Total Annual performance results:
(Jan. 2000 - present)
GOLD = 193.87%
SILVER = 186.72%
PALLADIUM = 361.27%
Rare Earth Metals Total Quarterly performance results:
(Jan. 2000 - present)
GOLD = 201.80%
SILVER = 197.60%
PALLADIUM = 304.04%
Rare Earth Metals Total Monthly performance results:
(Jan. 2000 - present)
GOLD = 206.59%
SILVER = 209.60%
PALLADIUM = 283.25%
Rare Earth Metals Summary:
As you can see, despite the general public's love of Gold, Palladium vastly outperforms it. Meanwhile, we can confirm Silver underperforms. Many people wouldn't suspect Palladium was superior, but we now know from the resulting data (Hooray!).
-----
FOREX~
Main Forex USD pairs Total Annual performance results:
(Jan. 2000 - present)
EURUSD = 19.48%
GBPUSD = -9.03%
AUDUSD = 23.90%
Main Forex USD pairs Total Quarterly performance results:
(Jan. 2000 - present)
EURUSD = 20.75%
GBPUSD = -16.53%
AUDUSD = 20.98%
Main Forex USD pairs Total Monthly performance results:
(Jan. 2000 - present)
EURUSD = 19.57%
GBPUSD = -16.70%
AUDUSD = 21.93%
Forex Summary:
As you can see against a USD base-pair, GBP is the worst performing from the 2000's by all periods. One might assume the more popular EUR pair preformed better than for example AUD, but the reality is AUD takes the cake and preformed better than both EUR and USD by each period over time.
-----
CRYPTOCURRENCY~
Main Crypto USD(T) pairs Total Annual performance results:
(Jan. 2017 - present)
BLX = 1351.18%
ETHUSDT = 8967.62%
LTCUSD = 5012.80%
Main Crypto USD(T) pairs Total Quarterly performance results:
(Jan. 2017 - present)
BLX = 504.60%
ETHUSDT = 1124.81%
LTCUSD = 824.44%
Main Crypto USD(T) pairs Total Monthly performance results:
(Jan. 2017 - present)
BLX = 357.63%
ETHUSDT = 739.39%
LTCUSD = 530.67%
Crypto Summary:
Crypto has the largest period losses, but it also has the largest period gains (by far). Of all the crypto pairs, ETH offers the best ROI. Interestingly, ETH offers the best ROI of all markets mentioned in this article as well (although it also has the biggest losses and highest risk associated with its uptrends). Some might find it odd that Litecoin outperforms Bitcoin (although like with ETH, the drawdown is notably more intense).
-----
Conclusion:
Use "Alpha Performance of Period" (PoP) to compare markets for what is best suited to your portfolio depending on your individual risk appetite. It is meant to be used on highly correlated markets, but as you can see you can also compare different sets of markets together to get a sense of which offers the best risk-to-reward, ROI, etc. This tool thus has many uses related to figuring out which markets you want to trade based on historical data and offers a simple way to quickly compare past performance. Hope you guys enjoy it! :D
Resources:
apple.news
Hit that 👍 button to show support for the content!
Help the community grow by giving us a follow 🐣