Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

...

So Why in Mr Black's chart does he use what he sees in the Price Pane to describe the volume? Am I missing something in this picture? The volume does not appear to reflect decreasing black, and increasing black.

 

See attached Chart

by the power of hindsight, here is my take

2012-10-19_1019.thumb.png.1ad562aa69105c90cb335e2431a01513.png

Share this post


Link to post
Share on other sites

I know this sounds like heresy to some old timers who studied all the journals in the other threads. But if you want to succeed with only three fractals, you need to re-read this thread and throw out everything you thought you learned from the old ET threads. A lot of the old tools, such as the moving average, dom bars and where they close, lateral movement, fbo's, etc, will only lead you astray. I know a lot of folks, like Mr Black, have adapted some of the old rules into a formula that works for them, which is great. But for those that are new, or still searching for success, I might suggest heeding spyder's advice and concentrate exclusively on this thread.

Edited by jbarnby
formatting

Share this post


Link to post
Share on other sites
I know this sounds like heresy to some old timers who studied all the journals in the other threads. But if you want to succeed with only three fractals, you need to re-read this thread and throw out everything you thought you learned from the old ET threads. A lot of the old tools, such as the moving average, dom bars and where they close, lateral movement, fbo's, etc, will only lead you astray. I know a lot of folks, like Mr Black, have adapted some of the old rules into a formula that works for them, which is great. But for those that are new, or still searching for success, I might suggest heeding spyder's advice and concentrate exclusively on this thread.

 

Is there something I am doing from the old threads or is that a general comment to everyone?

 

BTW, thank you for your answer on volume. This is going to help many people here on TL that have been wrestling with the same question.

Share this post


Link to post
Share on other sites
As many of you know I have been working on these methods for years. Still chugging away at the rigorous learning curve. One issue I noticed recently, in the past, and that has come into the spot light again is how to correctly label the Gaussian formation , so that price can be annotated in sync correctly to reflect it. So after reading over the quote above, for more times than I can count, Spyder states, "In other words, the 'mental image' everyone needs to develop, with respect to a tape, traverse or channel, comes not from the Price Pane, but instead resides in the Volume Pane."

 

So Why in Mr Black's chart does he use what he sees in the Price Pane to describe the volume? Am I missing something in this picture? The volume does not appear to reflect decreasing black, and increasing black.

 

 

See attached Chart

When you annotate and analyze a chart (MAda) you have to remember that trends overlap, so there'll be a group of bars where you can see the old trend fading while the new one is gaining strength. The picture is affected by what's happening on several other fractals than the one you're trading, and in the context of step changes in the pace during the day.

First attachment is a superposition of mr_black's chart over Jack's money velocity diagram.

In the second attachment, I added a few annotations to the volume pane, to emphasize the overlapping of the fading red trend with the rising of the black trend.

5aa711625e4f1_ES12-0910_8_2009(5Min)Mrblacknoteswpace.thumb.png.bcd9970b1fb3af2dea164b5c34b8d5a3.png

5aa71162652b1_ES12-0910_8_2009(5Min)Mrblacknotes.thumb.png.20c51cee834bc259bb0782f26873d958.png

Share this post


Link to post
Share on other sites

This chart was annotated real time today. As with other charts, in my experience, drawing the gaussians to determine the correct cycle order at the tape level can be confusing. Many times I catch mistake within a couple bars other times, the volume formations start to make less and less sense. Then that has been a red flag for me. I go back, and look at the tapes closely especially in the area of overlap between tapes. I know when the tapes overlap aka make the shift, it is during change aka R2R or B2B. Although more confusion arises when the lateral forms. With your typical tapes, FBP, SYM, Stiches, they combine to form a Tape Trend, at the Tape fractal level. With the laterals, you often have Tapes within Tapes ! Especially the laterals that seem to go on for several bars. Then, if you have a complete Tape fractal cycle, with the lateral, say the R2R 2B 2R cycle, how is one suppose to correctly draw the trend lines to represent this tape? Do you consider the lateral's upper and lower trend lines that form the Tape to represent the cycle that the volume pattern shows or do you connect the Tapes within the lateral Tape to form its own Tape trend?

 

Below is my chart for the day with three fractals annotated. I put crosses in gaussians that were wrong real time. You can see what I thought initially, and what conclusion I came to soon after. Since there is only one correct picture according to Spyder, I hope this is close to it.

 

10-19-2012-ES-full-day.png

Edited by Monkman

Share this post


Link to post
Share on other sites
When you annotate and analyze a chart (MAda) you have to remember that trends overlap, so there'll be a group of bars where you can see the old trend fading while the new one is gaining strength. The picture is affected by what's happening on several other fractals than the one you're trading, and in the context of step changes in the pace during the day.

First attachment is a superposition of mr_black's chart over Jack's money velocity diagram.

In the second attachment, I added a few annotations to the volume pane, to emphasize the overlapping of the fading red trend with the rising of the black trend.

 

Ok, so basically in Mr. Black's chart he does not include the Tape fractal in his volume annotation? Just the Traverse and Channel? Had he included the Tape fractal, it would have shown the building blocks required to label the traverse correctly?

Share this post


Link to post
Share on other sites
Is there something I am doing from the old threads or is that a general comment to everyone?

 

 

It's a general comment to everyone. Within this thread, spyder speaks very specifically about how to reach pt 2 of ANYTHING. And he also talks about how each container must complete an order of events. Now, think of the things (from his old ET journals) that he DOESN'T discuss in this thread. Perhaps there's a very good reason.

Share this post


Link to post
Share on other sites
Monkman a few suggestions.Correct your price and volume colors.Degap your chart.hth

 

Does anyone still use Ninjatrader for the ES? To my knowledge it does not contain a de gap function in its GUI options. By chance, has anyone coded it in that would be willing to share?

Share this post


Link to post
Share on other sites
Does anyone still use Ninjatrader for the ES? To my knowledge it does not contain a de gap function in its GUI options. By chance, has anyone coded it in that would be willing to share?

 

Hello Monkman

 

Applying it as an "indicator",

"NoGapChart"

try Corey's post # 3409.

 

Kind Regards

FilterTip

Edited by FilterTip

Share this post


Link to post
Share on other sites
also try latest stepan7's work.

 

Yours works nicely. Going to upload my chart later tonight with it on my chart. The only weird thing is that it de gaps all historical bars, not just the previous day and opening bar.

Share this post


Link to post
Share on other sites
This chart was annotated real time today. As with other charts, in my experience, drawing the gaussians to determine the correct cycle order at the tape level can be confusing. Many times I catch mistake within a couple bars other times, the volume formations start to make less and less sense. Then that has been a red flag for me. I go back, and look at the tapes closely especially in the area of overlap between tapes. I know when the tapes overlap aka make the shift, it is during change aka R2R or B2B. Although more confusion arises when the lateral forms. With your typical tapes, FBP, SYM, Stiches, they combine to form a Tape Trend, at the Tape fractal level. With the laterals, you often have Tapes within Tapes ! Especially the laterals that seem to go on for several bars. Then, if you have a complete Tape fractal cycle, with the lateral, say the R2R 2B 2R cycle, how is one suppose to correctly draw the trend lines to represent this tape? Do you consider the lateral's upper and lower trend lines that form the Tape to represent the cycle that the volume pattern shows or do you connect the Tapes within the lateral Tape to form its own Tape trend?

 

Below is my chart for the day with three fractals annotated. I put crosses in gaussians that were wrong real time. You can see what I thought initially, and what conclusion I came to soon after. Since there is only one correct picture according to Spyder, I hope this is close to it.

 

10-19-2012-ES-full-day.png

As a general suggestion: add the CP4 [clean page 4] to your annotations. It might help you sort the confusions! IMHO.

Share this post


Link to post
Share on other sites

My ES chart with real time annotations, and corrections. Volume bars scratched out with the blue lines represent what I believed to be mistakes real time, that did not show the correct picture. The laterals tripped me up quite a bit, which I am going to continue to focus upon. Building the tape fractal is still a challenge for me real time, but I think I am getting better. Below is my chart for today.

 

10-22-2012ESfullday2.png

 

BTW my time frame will be fixed soon, hopefully with the help of one of the above scripts. A couple years ago I hired a guy to help update the old one which worked, but turned out a little funky as you can see.

Share this post


Link to post
Share on other sites
As a general suggestion: add the CP4 [clean page 4] to your annotations. It might help you sort the confusions! IMHO.

 

I am not sure what you mean by CP4. Could you please explain this?

 

I found a Ninjatrader post about some code, and looks like a gold mine of information located here:http://www.elitetrader.com/vb/printthread.php?threadid=229669

 

Not sure which you are referring to.

Share this post


Link to post
Share on other sites

Chart for today, annotated EOD. Around 13:00 you have the volume that goes against the cycle. This may be an indication that some of my volume annotations are wrong.

 

When looking back at the chart today, I was wondering how many Tapes are within the Traverse's R2R or B2B. I know that 2R or 2B there is only one Tape cycle within each Traverse. I would assume that there are two in the B2B or R2R. For example one tape cycle within R2, and one within 2R of the R2R. In the R2R traverse part of the volume cycle would the two tape cycles always show R2R 2B 2R within it? My chart shows a different picture around the 12:30 to 15:50 area, that is adding to the channel building confusion.

 

10-24-2012ESfullday.png

Share this post


Link to post
Share on other sites
Yours works nicely. Going to upload my chart later tonight with it on my chart. The only weird thing is that it de gaps all historical bars...

yes that is how it's supposed to work.

Share this post


Link to post
Share on other sites
Chart for today, annotated EOD. Around 13:00 you have the volume that goes against the cycle. This may be an indication that some of my volume annotations are wrong.

 

 

Around 12:20 you have a FTT ending a long sequence. Around 14:00 you have another FTT at a higher price than the first, but your Gaussians show we're in a short sequence?!?

 

It seems to me the market is trying to tell you something... :missy:

 

Volume never goes against the cycle, it _drives_ the cycle.

Share this post


Link to post
Share on other sites
I've had a lot of success with this method. While I'm grateful to spyder for his insights and guidance, most of my success came through self-discovery, using the basics described in this and other threads. I will upload a couple of recent Traverses in hopes that it might encourage others. Success will only come after you achieve complete understanding of how to build containers correctly and manage fractal nesting,

 

hello J, had a question about your chart dated 10-3. Bar 15:25 is clearly braking the purple containers right TL on increasing black volume and closes strongly outside of it yet you show the volume gaussian as a non dom move. would you be kind enough to explain

 

thanks in advance

Share this post


Link to post
Share on other sites
Around 12:20 you have a FTT ending a long sequence. Around 14:00 you have another FTT at a higher price than the first, but your Gaussians show we're in a short sequence?!?

 

It seems to me the market is trying to tell you something... :missy:

 

Volume never goes against the cycle, it _drives_ the cycle.

 

FJK, I re did some of the gaussians on the chart to reflect the FTT from the 12:20 and 14:05 mark. Below is the chart.

 

In regards to the volume cycle, I completely agree with you that volume drives the cycle. But why is it that we need confirmation of what price reflects when volume alone is inadequate to see the correct picture? For example, the 12:55, 13:00, and 13:05 bars are clearly incrementally increasing in volume. That part of the R2R 2B cycle tells us to draw a black decreasing sloping trend line in the volume pane, in order to match the current cycle. We know there are only two cycles, B2B 2R 2B, and R2R 2B 2R, both have to complete in order for a new cycle to begin. In this example, it appears that Price takes precedence over volume in reflecting the current cycle.

 

Furthermore, a second example is during 10:35, to 10:40, to 10:45, showing incrementally decreasing volume bars, in the R2R 2B 2R part of the cycle. This again is labeled with an increasing red trend line, when volume visually shows itself to be decreasing. It appears a shift/change is also occurring at this point because of the overlap in Tapes with a change to B2B.

 

Am I wrong on this? If not, how does one get confirmation real time that the tape fractal is correctly represented with this volume phenomenon? Thank you.

10-23-2012esrevision.thumb.png.0314a195fdccfa61a5ce85125ea9d4d3.png

Share this post


Link to post
Share on other sites

For those that have pmed or posted here with helpful tips. I cannot thank you enough. Every little bit helps. Yesterday, I received a message that suggested I should annotate all the ten tapes, and connect them. That would alleviate the guessing of containers building to the traverse level. As pointed out, it appears I have been doing quite a bit of guess work.

 

In the chart below I annotated the AM real time, midday and afternoon were EOD. As suggested I annotated the fastest tapes, connected them (I hope I did this correctly), and then matched the volume cycles with the tapes.

 

I think if I can become consist with building the to block to form correct tapes, with correct volume(cycle) annotations, then it may make it much easier to label the volume for the traverses and channels.

 

 

10-25-2012ESamRTpmEOD.png

Share this post


Link to post
Share on other sites
... In the chart below I annotated the AM real time, midday and afternoon were EOD ...

Today Jack posted his trades for the first part of the day. See if they fit your tapes:

bar1 short

bar 5 long

bar 9 short

bar 17 long

bar 22 short

bar 29 long

bar 32 short

bar 36 long

Share this post


Link to post
Share on other sites
Today Jack posted his trades for the first part of the day. See if they fit your tapes:

bar1 short

bar 5 long

bar 9 short

bar 17 long

bar 22 short

bar 29 long

bar 32 short

bar 36 long

 

Very interesting, Jack is dam good at what he does not doubt. His long trade on bar 5 looks brutal though. It appears he held through around a 2pt loss at one point before he reversed on bar 9 to short.

 

The volume and tape annotations appear correct to me. I am guessing he held on bar 36 because of the lateral flaw, which from my understanding he holds through flaws. So my decreasing red , on the tape fractal may be pre mature.

 

I have made several trades in the past, but am not confident in my trading until I can consistently nest these fractals correctly real time.

Share this post


Link to post
Share on other sites
Very interesting, Jack is dam good at what he does not doubt. His long trade on bar 5 looks brutal though. It appears he held through around a 2pt loss at one point before he reversed on bar 9 to short. ...

Jack "knows that he knows". Remember: he doesn't know what the price will do; he just stays always on the right side of the market, in the present.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • Date : 25th November 2021. Market Update – November 25 – Solid US data lifts USD, Stocks, & Yields. USD (USDIndex 96.70) holds on at 16-mth highs; Strong set of US data yesterday GDP (2.1%) up a tick but missed by a tick, Claims (199k) at 52-yr low, PCE (0.4% m/m & 4.1% y/y), in-line & largest since Jan.1991, along with a big beat (5.9%) for GDP Price index, Durable Goods (0.5%) in-line, Personal Spending (1.3%) a big beat, Personal Income (0.5%) a beat, Trade balance a big beat (14.6%) on strong Exports, Inventories (-2.2%) a big miss, but shows demand is strong. Consumer Sentiment a beat and New Home Sales flat (745K) and missed. Stocks & Yields pushed higher, Oil held onto gains and Gold tested 3-week lows.   The FOMC Minutes showed (1) there could be a faster taper than the $15bn/mth currently planned, (2) Inflation could indeed be “persistent” (3) Clear division over 2022/23 rate hike cycle, Doves hold sway for now. US Yields 10yr trades at 1.644%, down from yesterday’s 1.694% high. Equities – Gains into the Holiday USA500 +10.76 (0.23%) at 4701 – USA500.F trades higher at 4713. USOil – peaked at $78.53 Inventories +1.0 vs -1.7 weakened prices – now at $77.65 Gold found a floor at 1782, but struggles to recoup $1800 at $1790. FX markets – EURUSD now 1.1216, having broken 1.1200, USDJPY now 115.36, from 115.50 & Cable back to 1.3350 from 1.3315 yesterday. Overnight – JPY PPI (1.0%) hit a 10-yr high, German GDP and consumer confidence both missed (1.7% vs 1.8% and -1.6% vs -1.0%) respectively. European Open – December 10-yr Bund future up 16 ticks, while US futures are slightly in the red. Bunds already outperformed yesterday, as EZ spreads widened in the wake of hawkish leaning ECB comments & confirmation that German finance ministry will go to the liberal FDP, which likely means more resistance to debt mutualisation across the EZ & more pressure on ECB to limit asset purchases. DAX & FTSE 100 futures are currently up 0.4% & 0.3% respectively & US futures are posting gains of 0.3-0.4%, suggesting markets are coping quite well with the prospect of less accommodative policies. Indeed, it seems to an extent that they welcome the CB’s acknowledgement that inflation risks could be less temporary than previously thought. Today – ECB Minutes, ECB’s Elderson, Schnabel, Lagarde and BOE’s Bailey Biggest FX Mover @ (07:30 GMT) CADJPY (0.20%) The rally from Tuesday’s low under 90.00 has been sustained with 91.25 being tested earlier today. MAs aligned higher, MACD signal line & histogram rising & over 0 line, RSI 61, H1 ATR 0.077, Daily ATR 0.707. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 24th November 2021. Market Update – November 24 – USD & Yields Higher, Stocks Mixed, Oil Recovers. Trading Leveraged Products is risky USD (USDIndex 96.50) holds on at highs; EM currencies under particular pressure. (TRY lost 15% after Erdogan refused a rate rise). RBNZ raised rates but NZD fell (like the last time they raised rates!) JPY Inflation 2 ticks better than expected. USDJPY at January 2017 levels around 115.00. PMI data better across the globe, Stocks mixed in US & Asia, Yields bid, Oil recovered significantly and Gold pressured by yields. Biden invites Taiwan to its “Summit for Democracy”, WHO talks of additional 700k Covid deaths across Europe (Slovakia latest to talk lockdowns). US Yields 10yr trades at 1.667%, down from yesterday’s 1.684% high. Equities Mixed. Musk sold more stock, Banks & Oil majors lead. USA500 +7.76 (0.17%) at 4690 – USA500.F trades lower at 4684. USOil – rallied over 3% to $78.20 highs despite global strategic reserves being sold to cool prices. Gold found a floor at 1782, but struggles to recoup $1800 at $1790. FX markets – EURUSD down to 1.1245, USDJPY over 115.23, earlier now at 114.88 & Cable back to 1.3375. European Open – December 10-yr Bund future up 26 ticks, US futures also broadly higher. RBNZ delivered expected rate hike & markets seem to be scaling back fears of escalating inflation as even dovish leaning BoE & ECB members highlight risk of second round effects. ECB VP Guindos highlighted overnight that the drivers of inflation are becoming more structural, which adds to signals that the CB is finally ready to start reining in stimulus. DAX & FTSE 100 futures currently up 0.3% & 0.2% respectively. Today – Big data day ahead of Thanksgiving Weekend. – German Ifo, US Weekly Claims GDP, PCE, Durables, FOMC Mins. & ECB speak Biggest FX Mover @ (07:30 GMT) NZDJPY (-0.77%) RBNZ in-line but Dovish, sank from breach of 80.00 yesterday to 79.24, and 79.40 now. Faster MAs aligned lower, MACD signal line & histogram falling & below 0 line, RSI 35 & weak, Stochs OS. H1 ATR 0.17, Daily ATR 0.70. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • EURUSD HOVERS NEAR MULTI-MONTH LOW, UNDER 1.1250 LEVEL   EURUSD Price Analysis – November 24 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot is trading at 1.1253 at the time of writing, down 0.25 percent on the day. Key Levels Resistance Levels: 1.1525, 1.1422, 1.1300 Support Levels: 1.1200, 1. 1150, 1.1100 EURUSD Long term Trend: Bearish EURUSD has sunk to fresh multi-day lows, as seen on the daily chart, after extending the recent breach beneath the moving averages 5 around the 1.1300 level. This exposes the possibility of a deeper pullback and a re-test of the psychological support around 1.1200. Under the 1.1200 level, the euro’s underlying bullish attitude is in jeopardy. Overall, the EURUSD stays bearish while trading under the major horizontal support turned resistance and significant level at 1.1422. A breakout of the 1.1300 level, on the other hand, would aim for the 1.1350 level on the way to the 1.1400 zones. The fall of the 1.1200 zones, in the alternative scenario, is viewed as a bearish continuation indicator. EURUSD Short term Trend: Bearish The risk is weighted to the negative on the 4-hour chart, as the pair is developing below the firmly bearish 5 and 13 moving averages. Technical indicators have shifted to the downside, with negative levels. However, in the present scenario, the RSI has not yet reached oversold territory, allowing for more selling. On the upside, a break over the modest resistance level of 1.1300 might shift the intraday bias to neutral. On the downside, the 1.1200 zones provide initial support. The next important level of support is around the 1.1150 mark. If there are any more losses, the 1.1100 extension level of the low decline may be tested. Source: https://learn2.trade 
    • IS IT RATIONAL TO SETTLE FOR 10% RETURNS PER MONTH? “One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic weak-willed excuses.” – Chris T. Perfectionism – a bane of the trading world When people look for a solution to their trading problems, they tend to look for the solution in the wrong places, having the wrong mindset. One problem with most traders is perfectionism. For instance, we tend to go to those who promise us 50% to 100% per week or month. If someone gives an estimate of 5% profits per month, we would think that is too small. If an investment salesperson promises huge returns in a short period of time, we’re drawn to them. What if I tell you that 5% per month is good returns on your trading or investment, would you agree with me? Is 60% growth per annum not good enough? Many years ago, one of my mentors in the financial industry told me that, even 20% growth per annum is good. In schools, we tend to ridicule those who make average grades and praise those who make excellent grades. The same is true of the world of sports. Do you think great sports teams win all their matches always? No! But they do well over time. Are 10% gains per month too low? Now let me ask these questions: How much percentage do you earn on your savings account per annum? How much do you earn on your fixed deposit account per month? How many people can pay off their mortgages within one year? If you buy a bus, to use for commercial purposes, is it easy for you to recover your money in one year? Can you buy a property and sell it for 100% profit within 10 months? If you found a startup, how long do you think it would take you to start making profits? Please attempt to answer these questions yourself, based on real-life experiences. Now, back to the question that makes the last subheading: Are 10% gains per month too low? Why do we tend to be unrealistic and fallacious when it comes to online trading? Making 10% returns per month from Learn2.trade crypto signals One good thing about the margin trading of cryptos is that you can make money, both in bull and bear markets. You don’t make money only when the price is going up. If your timing and methodology are right, you can predict a downward movement or an upward movement and participate in them. Learn2.trade provides quality crypto signals to interested traders. Each signal comes with stop loss and take profit targets. Sometimes a trade is closed before the stop or the target is hit. We use 5 types of orders for the crypto signals. They are Instant Execution, also known as Market Execution, Buy Limit, Sell Limit, Buy Stop, and Sell Stop. Generating an average of 2 – 3 signals per day, we also use risk settings that are usually around 1% per trade and we attempt to gain more than we risk. As these signals are sent, we ensure that we also use them, practicing what we preach. Learn2.trade crypto signals – recent performances Please check the image below to peruse what has been made recently. You see can that we use stop loss, and use small lot sizes, relative to the size of the accounts. It just doesn’t make sense to bet too big on an individual trade. You can also see that we have both losses and profits. However, our average profits are bigger than average losses. That is the pedigree of a viable/ promising strategy: Make more money than you lose. Therefore, losses and drawdowns are also tightly controlled so that they don’t have significant effects on the account. These kinds of drawdowns are shallow, for recovery and eventual growth always happen. The markets are difficult but profitable Making consistent, regular profits from the market is hard, but success is possible. When the markets prove difficult, then we only need creative approaches. Markets will continue to prove uneasy and tough, but we will continue to make profits from them, no matter what. We target 10% profits per month, though we make more than this in most cases. 100% profits every 10 months is an enviable achievement. If 10% gains per month are compounded, the results in a few to several years will be amazing. Yes, you should be aware of the power of compounding. Join us today, in this journey of regular, monthly profits. Please see the image above, to know relevant metrics and figures of the recent results of the strategy behind the signals. You can join us here for, few free crypto signals per week: For Cryptos. Or you can hop in, and become our VIP right away, and enjoy all our crypto signals, up to 3 signals per day. Get access to the ability to make 10% or more per month. You can monitor our crypto signals trading performances here: L2T Crypto Signals on MyFxbook   Source: https://learn2.trade   
    • Yes trading currencies is much more risky than trading stocks, since they're not supported by central bank policy efforts but instead freely fluctuation in a very random fashion. Profits can create wrong impression that you learned how to trade but often it is just the product of pure luck. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.