Tradersreality
ALGOUSDT - INTRADAY TRADEToday we are looking at Algo because we noticed that while the majority of the Cryptocurrency market is down for the day, Algo is currently showing a >10% gain.
Time Frame
In this example, we are using the 4-Hour chart because we noticed a High Volume candle being triggered.
Strategy
Tactical Analysis - The evolution of the Traders Reality Hybrid strategy which stemmed from Steve Mauro's Market Maker Method and Trader at Home's PVSRA (Price Volume Support Resistance Analysis) systems.
Trade Idea
This is a very basic trade setup. Price is at the high's and is approaching the 200 EMA on the 4-Hour chart which is the equivalent of the 800 EMA on the 1-Hour. Typically price will react to the 800 EMA and tends to revert back towards the mean of the 50EMA. The daily V-Wap is currently sitting right around the 50 EMA providing more confluence for this trade idea as the price also usually will return to the Daily VWap which is where the institutional traders will find the liquidity to fill their positions.
Additionally using the Trader Dynamic Index indicator in the oscillator section at the bottom of the chart we can see the price line has crossed the Market Base Line heading up however, we are seeing bearish divergence, Vwap Mac-D, and momentum all declining.
Indicators Used:
The Tactical Analysis 3-Indicator Suite
- Tactical Analysis Part 1 - TVAR (Tactical Volume Analysis Recovery)
- Tactical Analysis Part 2 - Levels
- Tactical Analysis Part 3 - Oscillators
APEUSDT - INTRADAY TRADEThe best risk to reward trade set-ups are usually found when you trade with the trend. To identify these ideal set-ups you plan your trade by starting with a high time frame and working down to an executional one.
Time Frame
In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily.
Strategy
For this trade set-up, we are simply going to look at recovery zones and key levels to determine what we think the price is going to do over the next few hours.
We are using PVSRA candles which will be colored differently based on increased volume over the running average. The recovery zones are shaded to the right and are dynamically adjusted to show which portion of the High Volume candles have not yet been recovered, or where the price has not yet been retraced to.
Trade Idea
Starting with the Daily chart we can see that the trend is down and there are no recovery zones. The 4-hour chart has a high recovery point of $15.79, the 1-hour is $17.44 and the 15min is $15.99.
Price is currently at the daily and weekly low with the average daily range low very close.
Indicators Used:
DisDev -
Level by Level
DisDev -
Market Maker - High Volume Recovery
FYI/BTC/ETH/LRC Traders Reality -Set up
-Start on the hourly chart looking for the cycle or any M or W formations
-M formations only happen above the 50ma
-Specs
-W formation only happens under the
50ma
-Next step
-Head to the 15min chart watch for a cross of the ma's
-MA's
-5/13ma must cross the 50ma to the upside then come back to the 50ma to test if successful enter the trade for a regular entry there is many more entries that require a higher understanding of the traders reality indicator.
-Advanced entry
-Buying most of the total investment prior to the confirmation knowing where they market is in the cycle
-Elite entry
-is for the most informed on the whole system this would include making calls on the vector candles before or during a phase in the cycle.
$BTCUSD could do this. RETEST I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE.
Literally, anything could happen. So, chances are this will not be what happens. This could definitely could happen though.
We need to retest the prior resistance as support before moving up to the next resistance level.
Don't forget this happened in November last bull run. I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE.
So far we are still following the path of previous #bitcoin cycles.
Oct 8th - 12th 2017 we dropped almost 30% before the epic move to the moon.
Will history repeat itself yet again?
They did this to AMP. Will they do it to ACH?This is a "tutorial" about attitude and expectations.
Greetings from central Pennsylvania, USA. You can call me "Pops" if you want. Or "Pappy Eric." Most importantly, though; STAY OFF MY LAWN!!!
The wealth of knowledge provided by Tino of Traders Reality YouTube channel is what enabled me to stop traditional work at age 59 and support myself full-time with digital asset investing and trading. Read that sentence again. I am a GRANDFATHER who transformed my financial life by listening to an altruistic fellow named Tino, who cuts through all the BS. By the way, I was a union steel worker and I'll be 60 in October. I made my first digital asset purchase in November of 2020 and now I wonder how I was ever happy taking home only a grand or so a week. Tough to get ahead at that rate. Anyway...
Almost nobody talks about market manipulation. Frankly, that is the only thing that matters. Thank you for teaching me that, Tino.
So... I like AMP. And ACH, too. I saw them dump AMP to .04800000 the other day. I immediately recognized that all those zeroes are a hallmark signature of market makers, as Tino calls them. Go. To. Traders. Reality. So I immediately looked for a prior - and PRECISE - .04800000 and there it was, more than a month prior. Gimme a break. Even an old fuddy-duddy like me can recognize that as manipulation.
At this point it made sense - for ME - to compare AMP to ACH and see if they might do something similar to ACH. I then IMMEDIATELY invested the better part of 18-hours smoking cigarettes and drinking sugar free Red Bulls while I extensively - obviously - compared the AMP and ACH previous price action to each other.
After investing that time I did find something in the ACH charts and I made a decision. I'll tell you what that decision was after it plays out. It could be hours from now. Maybe days. I don't care. I have no FOMO or FUD. And I don't give financial advice to anyone but myself. Attitude advice, yes. Nor am I a financial expert for anyone but myself. The last decision I made was a few weeks ago and it made me $23,646.52 between 5am and noon of a particular day. About a week before that I made something like $3,500 in 22-minutes.
E = MC squared is Einstein's Theory of Relativity. I once saw it modified to E = R. That's "Effort = Results." I'm a 59-year old dude who invested over 1,500 hours studying the digital asset market so I could achieve the freedom to work from home and earn more money than going to work for someone else every day.
Find Traders Reality and start learning. Tino has no idea I'm posting this. Chances are good he'll never see it. But you go and listen to that man for an hour and you will realize he is totally sincere in his desire to help us little guys understand and profit from how the market makers move prices.
DELTA COVID VARIANT - Support BrokenSupport price has been broken but appears to be holding for now.
News of DELTA COVID VARIANT has the market spooked for another "Covid Crash".
No Buy In point presenting itself yet. Wait and see if support holds and if price can get to bullish reversal confirmation.
Bullish Setup - Trader's Reality MethodNASDAQ:SXTC
Seeing a nice W setup for this one. Already had it's first pop up to level one. Retracing nicely for a good buy in point. Wait for confirmation (price beats previous high) for safer trading action. Those who are less risk averse may want to get in sooner for better gains.