Bitcoin in Price Discovery: Understanding and Trading in Uncharted Territory When Bitcoin or any asset reaches an all-time high (ATH), it enters a phase known as price discovery. In this phase, the market operates without historical price references, navigating uncharted territory to determine fair value. For traders and investors, this presents both an...
This is a wrap-up video to finalize the earlier setup on US30. The video is linked below. Using this method, you can validate pivots and liquidity unmitigated in the market during phase 1 of the session. This tells you where to trade to for phase two. You use the unmitigated levels found during phase one. Phase 3 is the silver bullet momentum area where its...
Id be happy to teach this one to you guys. Im working on a strategy specifically designed for Forex Markets. There is a system i am creating called my version of a Silver Bullet Strategy that allows you mark out the phases of forex markets and as a result you can better plan your entries instead of having to sit there and wait for price action to play out the way...
Whomever told you "Size doesn't matter" in trading, has never had a big "size" and probably just borrowed someone elses. In the dynamic landscape of trading, where fortunes can be made and lost in the blink of an eye, various strategies vie for attention. Position sizing, leverage trading, and spot trading each offer distinct approaches to navigating the volatile...
In this chart price action I have marked out where previous types of liquidity existed. At the left you can see there was an uptrend but this uptrend had no factors showing LOW liquidity. Only strong high liquidity. Using the rules below you can mark out liquidity levels and what to expect when price returns to these levels later on. No indicator can do this...
There is a lot of speculative information around the Stochastic RSI and its levels. Many strategies are just outright wildly false for example talking about crossovers of levels but I want to give you guys some insight of what these levels actually mean to help you better use the stochastic RSI. In this article I mention many levels but I want to focus on the 50...
In the realm of enterprise contracts, Ernst & Young (EY) has recently introduced OpsChain Contract Manager (OCM), a tool poised to transform how these intricate agreements are handled. But what does this mean for the everyday business person? OCM is more than just another contract management system; it harnesses blockchain technology to bolster security and...
Knowing when the RSI and price are in a ranging phase even in the short term can be a difficult process. You are either #Ranging #bullish or #bearish. At least in the Algo v6 you can get a clear vision of exactly whats happening. In this video im going to give you a VERY simple strategy on: 1. How to know if the RSI and price are ranging 2. When do i break away...
Welcome to the coffeeshop everyone, this is your host and Baristo, and you are joining me with this podcast called "Off The Charts" where I try to break down the crypto space to you in this coffeeshop so you can have some guidance in navigating the blockchain and the ever-changing space. When Bitcoin (BTC) first emerged, skepticism abounded. Fast forward, and...
In the dynamic landscape of stock trading, the allure of artificial intelligence (AI) as a shortcut to financial success captivates many new traders. However, this journey is riddled with pitfalls, as the pursuit of a magic formula can lead to dark and dangerous territories within the market, ensnaring unsuspecting traders in a web of financial peril. ...
In the image below you can see the differences we can arrive to when comparing the regular version of the Relative Strength Index and this new study. What was once known to be OB or OS levels is actually the strength you need for breakouts, continuations, and larger movements. Understanding the Dynamic Range In the image below we can see the contrarian...
I get a lot of messages from you guys talking about how #diivergences seem to play out or not get initiated or that you're having problems entering A #divergence trade. In this video I'm presenting you a reminder of one of the steps you need to use and it is the the confirmation step that you need to use for confirming whether a divergence is actually going to...
Welcome to the coffee shop everybody this is your host and Baristo Eric, and I'm here today to let you guys know about the difference between high liquidity and low liquidity pivots and when I say pivots I mean price levels in the market. I want you to keep in mind that this trick works on all time frames it doesn't matter what time frame you're looking at but it...
In this idea I'm providing to you the use of a 10/28 Moving average that you can find in my profile. This particular indicator is specifically designed to use for this type of strategy. keep in mind that also any previous video I made sure to note with all of you guys if you are using a pair of indicators on your chart then the settings for both of these...
The ADX indicator has always been a eye sore for me. I thought it was time to clean it up a bit. While its been around for a long time, it never really seems to get better. The new releases I keep seeing are just more lines and more zigzags etc. So this is my take on the ADX which I call "The ADX DeFi (Adx Defiance)" I dont want to know that the momentum is...
To me scalping is a form of trading that's done when you're in between your moving averages or in between support and resistance levels like inside of those zones or when you are inside of consolidation and distribution areas. A lot of you claim to be scalpers on small time frames when the truth of the matter is you are simply impatient and you use 1 minute, 5...
I'm not much for getting into the politics of things but I did see a news release this morning that discusses how Chinese banks are offloading a lot of their U.S. dollar holdings in relation to raise the value of the Yuan. Now you might wonder how can this affect American markets or how does it affect the US dollar, and in the article below I'll give you some...
The stochastic RSI has always been a problem tool for me because of its clunky look erratic lines and the way it seems l....r each other and sometimes it doesn't. I've always felt like the stochastic RSI had these energy waves built into it that we weren't able to see because if there's an uptrend of the stochastic then there has to be an equal or greater...