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Tradesy

The Tradesy: Peak Saturation #BNBThe Tradesy is a simple and versatile system that can be used as a stand-alone or in conjunction with other technical strategies. It is the definable distance where the saturation level of positions in one direction are such that a large position in the opposing direction can be filled within an extremely small price range. For my Fellow smooth-brained Degens... Dis wen moon. At 2R (1:2 risk to reward) Bulls close 50% of their position. At 4R Bulls close a further 50% of their position. The remaining 25% of the Bulls position almost tips 11R.
BINANCE:BNBUSD
by Cryptsyxalt
4
Bullish Butterfly (1H)Forming after the rejection off the Daily Bearish Butterfly entry, the Bullish Butterfly on the 1H time frame manged to hit TP1 off the intial reaction. All the Harmonic patterns I trade require a minimum of an AB=CD pattern present in their structure to be valid. The AB=CD of this Butterfly is represented by the Purple 100% line on the chart. When price retested the entry it managed to breach the AB=CD validating the Butterfly and then finding support at the exteme 261.8% BC projection of the pattern. This retest formed the CD leg of the 4H Bullish Gartley.
Long
by Cryptsyxalt
Bearish Butterfly (D)The Higher time frame analysis I publish is to be used to form a bias for trading on the intraday time frames. Price has been rejected multiple times at the Butterfly entry line (127.2% XA) and at the 224% BC projection. Although the 224% BC projection aligns closely with the 127.2% XA extension, price may potentially push higher to the extreme 261.8% of BC before the move to the downside occurs. Due to TV's subdomains for languages I have published copies of my ideas to each.
Short
by Cryptsyxalt
2
Perfect Bearish Butterfly Pattern (Daily)The Butterfly pattern , is a harmonic pattern discovered by Bryce Gilmore using his Wave trader software program. The pattern structure was further refined using specific Fibonacci levels by Scott Carney which he outlined in his book 'The Harmonic Trader', published in 1998. The Butterfly pattern must include an AB=CD pattern to be a valid signal. In general, the AB=CD Pattern will possess an extended CD leg that is 127.2% or 161.8% of the AB leg. Use the link to the Butterfly pattern tutorial below for further details regarding the structure of the Pattern.
TVC:DXYShort
by Cryptsyxalt
The Tradesy, my Holy Grail of entry systems in StocksBacktesting my 50% retracement system for Apple stock is a perfect example of how it works. Drawing my bespoke fib levels from the previous low to the new high gives me my entry point, stop and initial target. ENTRY 50% STOP 25% TP1 100% Closing (selling) 50% of the initial position at TP1 allows the remaining 50% of the position to be risk free. There are two methods to manage the trade beyond the initial target:- Scaling out (conservative) = Closing 50% of the remaining position at each TP. TP2 (4R) TP3 (8R) TP4 (16R) TP5 (32R) etc,etc. Balls deep (aggressive) = Moving the stop to the previous entry price as each new TP is hit, accumulating a large risk free position which will eventually close out as structure breaks down.
NASDAQ:AAPLEducation
by Cryptsyxalt
1
The Holy Grail of Entry systemsThrough my research whilst studying Scott Carneys Harmonics methods I devised the 50% retracement system. This system allows me to enter higher time frame patterns with considerably smaller stops. Entering at the 50% retracement with a stop at the 25% allows me to create a risk free position by closing 50% at 2R (100%). I carry out this system on the 1m time frame but due to TV rules on publication can only show it on the 15m time frame. The 127% level on the chart shows the entry for the 4H Buttefly pattern. Mt first entry became risk free and hit several targets before being stopped out. This can occur several times before the eventual move happens. Due to the risk free element, and the potential of such a large risk to reward, this is not an issue.
Short
by Cryptsyxalt