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Some simple DCA idea. Maybe a bit better than the average one ?Hello, everyone. This is my first idea, so please pardon me if anything goes wrong. With the bear knocking at the door a while ago, it seems that everything goes down. So maybe we should embrace the investor side ... The boring but rewarding path. On bear markets, everyone accumulates. The DCA it seems a viable option, as they say : "Time in the market beats timing the market". We could DCA by volume profile, Fibonacci retracements, or several other techniques. But why going so "complex" when we can make everything simple ? On Crypto, it's tested that we will see at least 6 consecutive "30% drops" after the latest "30% drop", if not even more. Influenced on this idea by our regretted mathematician, Mr. Fibo ... And applying it to the charts, I just have a new indicator with an embedded strategy inside. In order to do everything right , I am asking the community to give me feedback. And if there is a real demand for my creation, I will respond accordingly :) The questions will be : 1. Do you think this strategy will bring you profits ? If so, do you want to try my indicator for easier backtesting ? 2. How useful do you think it will be a trading automation website, to be launched in 2023 ? Dedicated to Risk/Reward ratio trades, but also containing this idea ? I am humbly awaiting your response, so ... Let's help each other ! Best regards, Ionuț
Education
by dogaruionut1993
3
BAJAJFINSV1!29-11 Daily chart of BAJAJFINSV1! LTP: 1645.15 Trendline (200 EMA) is bullish. Manual trend is sideways. The first look pattern is similar to a bullish continuation flag. Support is at 1517.15 (manual) and 1561.35 (200 EMA) Multiple resistances at 1719.15 & 1774.50 RSI is below 50 and the arrangement is bearish as well. First rule of trading is that one should never trade against the trend. Here, when the trend is bullish, our strategy should be buy on dips. Keeping in mind that the RSI is bearish, we will wait for RSI to get in the oversold zone or closer and wait for a bullish reversal to enter into long positions for trading. My idea is to buy between 1550 & 1575 with an SL of 1500 for targets of 1700++
NSE:BAJAJFINSV1!Long
by travellingtradermumbai
Link swing short idea Greetings from Team : Trading The Tides. lets discuss a short sell oportunity on (Link USDT ) Target area for initiating short : 7.3 DCA Limits : 8 to be exact as there is a big gap remaining TP : 6.8 , 6.3 thats a swing position so SL : no sl Hold Time : short - mid term Technical Chart Pattern: structure gaps , rising wedge Posible liquidity area : 8 Exchange: Binance Rules : We use big capital with less leverage . Max leverage : 3x Better take trades with 1x. We only post the exact setup we are following for the trades . But DYOR . Not a Financial Advice ! From Team : Trading The Tides Like , Share ,Follow Thanks a lot and see you soon on the next trade .
Short
by xairuq
1
Ren usdt limit short trade idea Greetings from Team : Trading The Tides. lets discuss a short sell opportunity on (REN/USDT) Target area for initiating short :0.11 DCA Limits : TP :0.09 SL : not yet .using hedge mode Hold Time : short Technical Chart Pattern: rising wedge Posible liquidity area : Exchange:binance Rules : We use big capital with less leverage . Max leverage : 3x Better take trades with 1x. We only post the exact setup we are following for the trades . But DYOR . Not a Financial Advice ! From Team : Trading The Tides Like , Share ,Follow Thanks a lot and see you soon on the next trade .
RShort
by xairuq
2