CRYPTOCURRENCY: MY SYNOPSIS OF LEARNING- 11-04-18

MINUTES 29/3/18

SYONPSIS OF CROPTOCURRENCY LEARNING

LONG & SHORT POSITIONS LESS RISKYrisk: http://b4gen.blogspot.com/2018/04/is-long-position-less-risky-than.html   [blog]*

CRYPTOCURRENCY: TRADING LONG POSITIONS VS SHORT: http://b4gen.blogspot.com/2018/04/cryptocurrency-trading-long-positions.html   [blog]*

CRYPTOCURRENCY – A BIT RISKY: http://b4gen.blogspot.com/2018/04/cryptocurre ncy-bit-risky.html   [blog]*

Advance Candlesticking: http://b4gen.blogspot.com/2018/03/cryptocurrency-advanced-candlesticking.html    [blog]

BULL VS. BEAR MARKET: https://cryptocurrencyhaus.com/bullish-vs-bearish-markets/   [blog]

https://corporatefinanceinstitute.com/resources/knowledge/finance/bullish-and-bearish/    [blog]

1.    Avoid buying and selling in abrupt trade fall & rise.

2.    IF MARKET BEARISH à Focus on RSI

3.    IF MARKET BULLISH à Higher High, Higher Break, RSI

4.    CHECK IF BEARISH RSI IS 30 AT HOURLY, TAKE POSITION AT SMALL TIME INTERVAL.

3 DAYS STUDY FOCUS ON STOP- LOSS & GUYS VARIOUS COMMENTARY https://www.youtube.com/watch?v=SNF_amBSbBg    [youtube]  

[Game plan: Trade timeframe, Exit point and Profit Target]   StopLoss StopProfit?

Tch. Anl. Cndlstck: https://www.youtube.com/watch?v=rlZRtQkfK04&t=133s [youtube]   

  

What makes trends: https://www.youtube.com/watch?v=n8_l_NUKDAc ,  [youtube] 

 The prevailing direction of a Uptrend Higher Highs and Higher Lows for and for a Down trend Lower Highs and Lower Lows as fundamentals

·         2 (TWO) touches are bare minimum to draw a trend. However, 3 touches needed to be valid, more touches more valid.

Note: Use wicks or body for trend making.

TRADE USING TREND: https://www.youtube.com/watch?v=7pAXLBV6obM [youtube]      

SUPPORT & RESIST: https://www.youtube.com/watch?v=d5RS_Mnpn2g [youtube]     

STOP LOSSES: https://www.youtube.com/watch?v=d5RS_Mnpn2g  [youtube]     http://b4gen.blogspot.com/2018/04/blog-post_8.html    [blog]*

http://b4gen.blogspot.com/2018/04/cryptocurrency-stop-loss-order.html [blog]*

LESSON DAILY: https://www.youtube.com/watch?v=SNF_amBSbBg [youtube]

COIN2LEARN: https://coins2learn.com/Register/Confirm   [blog]

A GLANCE  AT EQUILIBRIUM CHART: http://b4gen.blogspot.com/2018/04/cryptocurrency-equillibrium-chart.html    [blog]*

Mov. Avg.-M.A: https://www.youtube.com/watch?v=rlZRtQkfK04&t=133s at 15:00

M. A : is a trend-following, or lagging, indicator, it is based on past prices.: https://www.investopedia.com/terms/m/movingaverage.asp

http://b4gen.blogspot.com/2018/04/cryptocurency-moving-averages-ma.html

STATE BANK WARNING-2:  http://b4gen.blogspot.com/2018/04/cryptocurrency-state-bank-warning.html    [blog]*

STATE BANK WARNING-1: http://b4gen.blogspot .com/2018/04/blog-post.html [blog]*  

Source: :https://www.forexfactory.com/showthread.php?t=418653 Trade price Candle swing: HH      & HL      indicate a bullish trend; HH: the high of next candle is higher. HL: the high of next candle is lower. ??  LH and LL indicate a bearish trend; LH: the low of next candle is higher. LL: the low of next candle is lower. ??

 

DD

DD

D

 

*****

Swings:  LH and LL à bearish, pullback both ways

‘ à ‘ : Stands for implies

 STRATEGY-1: RSI 30 OR BELOW AND  BEARISH (DOWNTREND) AND VOLUME NOT FALLING  à BUY SMALL (GO LONG) - TO SELL ON LOW PRICE DIFFERENTIAL.  REVIEW FOR STOPLOSS at buy  exit point, small differential to exit

STRATEGY-2: BULLISH UPTREND à BUY(recent HL) LONG ON recent higher low https://www.investopedia.com/terms/r/resistance.asp SELL BULLISH TREND BREAKS next low is lower low ??. When recent low is broken. REVIEW FOR STOPLOSS

STRATEGY-3: BULLISH (UPTREND) & RSI 30 LEVELS à  BUY, SELL BULLISH TREND BREAKS current price recent low is low. When recent low is broken. REVIEW FOR STOPLOSS

STRATEGY-4:  BEARISH DOWNTREND ON LAST TRADES (??)à BUY SMALL, ON FURTHER BEARISH  à BUY SMALL, WITH STOPLOSS TO CONTROL ??? UNCERTAINTY.  STATEGY 1 & 4 SEEMS ALIKE ELABORATE

Reference:  https://www.tradingview.com/chart/QA6ddwJW/ :  BEARISH ON LAST FEW TRADES  AND OVER BOUGHT ON RSI (70) à BUY MODE?

 

  

Swings:  LH and LL à bearish, pullback both ways

‘ à ‘ : Stands for implies

 STRATEGY-1: RSI 30 OR BELOW AND  BEARISH (DOWNTREND) AND VOLUME NOT FALLING  à BUY SMALL (GO LONG) - TO SELL ON LOW PRICE DIFFERENTIAL.  

REVIEW FOR STOPLOSS at buy  exit point, small differential to exit 

11/04/2018 QERIES AGENDA

Query Agenda:  Strategies ITEM-1 : restore discussion on Strategies Bullish and Bearish ITEM-2: coin2learn on live data first buy on Live Data: https://coins2learn.com/market

Coin2learns: for trade practising: https://coins2learn.com/market, Apply Right Now on trade’

FOR TOMORROW: STOPLOSS, TRADE GRAPH MANOUVERING. On chart

****

NEXT HIT

CANDLESTICK SHAPES; WICKS OPEN AND CLOSE, AND BODY FORMATION TO JUDGE WHAT IS GOING TO HAPPEN.

LISTEN : SHARE PRICE, VOLUME LIQUIDITY: https://www.youtube.com/watch?v=rlZRtQkfK04&t=133s video time at 8:00

MAKE: Course outline; for training purposes

PRACTICE: Coin2learns: for trade practising: https://coins2learn.com/market  

  

 ***