From this you can be accurate 85% of the time

Flexystar

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Quote from: Husires on February 24, 2023, 09:57:25 AM

There are several ways to calculate it, but the most famous of them is a five-point system, and therefore you need data for the high and low session with two support levels and their grooves for resistance, and therefore it is true that the different sizes will lead to breaking it, but it is difficult for the price to break a support or resistance level in the short term.

Therefore, it is a way to predict the price space, such as saying that the price is between 15K to 28k, which is true now and for a long time, but it is not a method for those who want to trade in the short term.

Quote from: cafter on February 24, 2023, 12:17:45 AM

I trade on 15 min timeframe

will not work with that. see this

It always amuses me how you guys decide what data points to extract from the chart which will forecast the next move for you? I mean I get that in the above comment you have mentioned, you are using 15 minutes of data set but it is valid for how long? Will it change the course of next trend after 15 minutes and will it be able to forecast anything beyond let’s say 1 or 2 hours, thats the question for me all the time.

Though I do not want to get much into trading session I would always throw my dices on the project news, some past quick look ups for the trend and would decide based on that.

It does not work all the time for me and that’s the reason im mostly on hodling pattern. Safest bet for a guy like me in the crypto space.

cafter

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Quote from: Strongkored on March 02, 2023, 12:04:36 AM

85% is a pretty good winning percentage in my opinion and surely many will agree with my opinion but if you don't mind going public with the strategy used then it will surely make you even more proud to also show screenshots of your trading history, and I'm quite curious whether 85% is the whole of your trades or only in certain periods eg one month? because the whole with a certain period is very different in meaning.

Quote

I shared this strategy because it works for me and i am earning profit constituently about 85% of the time, but i am not telling that you will also be accurate 85% of the time,
I take trade by my experience not only technical analysis or applying some indicators and drawing lines,
and also i am trading with this strategy for some months, but who knows it will work in long term or not,
i thought may anyone can profit from it,
no one can beat the market, and i am not claiming that i am a professional traders(like some kids says),

Quote

Exactly! IF that strategy works all the time for him, he would have no more time posting in the forum.
Also, most traders won't share the strategy if they are indeed doing good with their trades.
They will amass profits and live the life they want for themselves. So not really buying such strategy.
It may have worked for him one or few times, but it doesn't mean, it will always work for him.
As mk4 said, don't get too cocky as it may not work in a long-term time frame.

Quote

Might it work with you mate but never expect this could work for others. Though sharing helps others to gain ideas and strategies but thinking to have the same results because you did it so well, I don't think so. Why? It is because it varies in decision-making and much more if we also get influenced by our emotions.

I appreciate how you did it well and I was thinking you are now a billionaire as mk4 said. However, I don't think it works consistently knowing that the market had also changed. Might it work today or tomorrow but not in the months from now?

you just want to troll the every newbie members,

you don't read the replies of mine and just wanted to show me a billionaire,

please read thread and replies of the op and than reply or troll,

sorry for bad english

Natalim

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Quote from: cafter on February 24, 2023, 01:49:14 PM

Quote from: mk4 on February 24, 2023, 10:10:45 AM

No offense mate, but if you can manage to be right 85% of the time on a long-term time frame, then you should be a billionaire by now. It might've worked in a short-term time frame, but don't immediately get too cocky that it will work well in a long-term time frame.

this strategy worked for me on btc/usdt, binance , tradingview
with that specific indicator
may not work for you
i just sharing if anyone try and get profit from it

Might it work with you mate but never expect this could work for others. Though sharing helps others to gain ideas and strategies but thinking to have the same results because you did it so well, I don't think so. Why? It is because it varies in decision-making and much more if we also get influenced by our emotions.

I appreciate how you did it well and I was thinking you are now a billionaire as mk4 said. However, I don't think it works consistently knowing that the market had also changed. Might it work today or tomorrow but not in the months from now?

TimeTeller

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Quote from: Don Pedro Dinero on March 01, 2023, 11:32:59 PM

Quote from: mk4 on February 24, 2023, 10:10:45 AM

No offense mate, but if you can manage to be right 85% of the time on a long-term time frame, then you should be a billionaire by now. It might've worked in a short-term time frame, but don't immediately get too cocky that it will work well in a long-term time frame.

Yes, and he wouldn't be wasting his time here, showing us that his system works. If it did work, apart from being a billionaire, he wouldn't be interested in a lot of people knowing about it because trading is not a static thing, if people found out it was a good system and they all started doing the same thing, it would stop working, assuming it worked in the long run. Most traders lose money and it is because they think they have found systems that work like this, until they lose it all.

Exactly! IF that strategy works all the time for him, he would have no more time posting in the forum.
Also, most traders won't share the strategy if they are indeed doing good with their trades.
They will amass profits and live the life they want for themselves. So not really buying such strategy.
It may have worked for him one or few times, but it doesn't mean, it will always work for him.
As mk4 said, don't get too cocky as it may not work in a long-term time frame.

palle11

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Quote from: cafter on February 24, 2023, 12:17:45 AM

i really don't know much about pivot point just found it randomly a while ago
i don't understand by website anyone guys who make me understand pivot points?

For the little I have understood about pivot point, I believe they are very instrumental to a good trade in profit if closely monitored and used. They can serve as a support or resistance and when broken out, it could be a sign of a break out and in the other hand if it has a spiking candle that could form a retracement.

Usefulness of pivot pointt are,
1. It can give proper sign for breakout and create high volatility

2. It can be used to signal trend

3. It can be used to signal retracement

4. It can be used to confirm subsisting trend or change of it.

5. Pivot point can also be silent at times which can deceive you on your analysis so you also need a combination of another indicator to confirm your analysis.

Strongkored

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85% is a pretty good winning percentage in my opinion and surely many will agree with my opinion but if you don't mind going public with the strategy used then it will surely make you even more proud to also show screenshots of your trading history, and I'm quite curious whether 85% is the whole of your trades or only in certain periods eg one month? because the whole with a certain period is very different in meaning.

Don Pedro Dinero

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The first decentralized crypto betting platform

Quote from: mk4 on February 24, 2023, 10:10:45 AM

No offense mate, but if you can manage to be right 85% of the time on a long-term time frame, then you should be a billionaire by now. It might've worked in a short-term time frame, but don't immediately get too cocky that it will work well in a long-term time frame.

Yes, and he wouldn't be wasting his time here, showing us that his system works. If it did work, apart from being a billionaire, he wouldn't be interested in a lot of people knowing about it because trading is not a static thing, if people found out it was a good system and they all started doing the same thing, it would stop working, assuming it worked in the long run. Most traders lose money and it is because they think they have found systems that work like this, until they lose it all.

logfiles

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Quote from: cafter on March 01, 2023, 09:08:47 AM

I shared this strategy because it works for me and i am earning profit constituently about 85% of the time, but i am not telling that you will also be accurate 85% of the time,
I take trade by my experience not only technical analysis or applying some indicators and drawing lines,
and also i am trading with this strategy for some months, but who knows it will work in long term or not,

Wouldn't it be cool if you instead tried casting away some doubt from members, let say by showing us your Win rate, entries and exits or PNL as recorded by binance app or any third party portfolio tracking app.

I mean, since you decided to share the strategy with the public, then there should be nothing much to hide, right?

cafter

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Quote from: kamvreto on February 24, 2023, 04:24:32 PM

although this is not advice or financial advice claiming to be 85% accurate is probably an exaggeration. a success percentage of 85% when always applied will generate big profits, but have you achieved these profits and been consistent, or is it just an analysis that you did only once and never tried. Using a 15-minute time frame is still a short-term method and won't necessarily work on a larger time frame. Even if you claim that success is 85%, that would not completely live up to predictions. Those who claim to be professional traders only lose profits because of one mistake, and that will also be the case for mistakes that might be made when using this strategy.

I shared this strategy because it works for me and i am earning profit constituently about 85% of the time, but i am not telling that you will also be accurate 85% of the time,
I take trade by my experience not only technical analysis or applying some indicators and drawing lines,
and also i am trading with this strategy for some months, but who knows it will work in long term or not,
i thought may anyone can profit from it,
no one can beat the market, and i am not claiming that i am a professional traders(like some kids says),

Silberman

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Quote from: kamvreto on February 24, 2023, 04:24:32 PM

although this is not advice or financial advice claiming to be 85% accurate is probably an exaggeration. a success percentage of 85% when always applied will generate big profits, but have you achieved these profits and been consistent, or is it just an analysis that you did only once and never tried. Using a 15-minute time frame is still a short-term method and won't necessarily work on a larger time frame. Even if you claim that success is 85%, that would not completely live up to predictions. Those who claim to be professional traders only lose profits because of one mistake, and that will also be the case for mistakes that might be made when using this strategy.

This is correct, the accuracy of a system is often brought forward as one of the most important metrics that exist, but unless we are told how much money on average each winning trade makes and how much money on average you lose on the trades you lose there is no way to evaluate the strategy, an example of this would be a system that wins 17 out of 20 trades, which is an accuracy of 85%, and on each winning trade you win one dollar but on the losing trades you lose 6 dollars, so you win 17 dollars but you lose 18 for an average profit of minus one dollar, and this should show to traders that even a system with a high accuracy can lose money

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

although this is not advice or financial advice claiming to be 85% accurate is probably an exaggeration. a success percentage of 85% when always applied will generate big profits, but have you achieved these profits and been consistent, or is it just an analysis that you did only once and never tried. Using a 15-minute time frame is still a short-term method and won't necessarily work on a larger time frame. Even if you claim that success is 85%, that would not completely live up to predictions. Those who claim to be professional traders only lose profits because of one mistake, and that will also be the case for mistakes that might be made when using this strategy.

cafter

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Quote from: mk4 on February 24, 2023, 10:10:45 AM

No offense mate, but if you can manage to be right 85% of the time on a long-term time frame, then you should be a billionaire by now. It might've worked in a short-term time frame, but don't immediately get too cocky that it will work well in a long-term time frame.

this strategy worked for me on btc/usdt, binance , tradingview
with that specific indicator
may not work for you
i just sharing if anyone try and get profit from it

Silberman

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Quote from: TheGlue on February 24, 2023, 10:54:31 AM

Hi, nice that you found a strategy, that works well for you atm. But be careful of course. If the market changes, the possibility for profits changes and you need to go on and find a new way.

Also what i wanted to mention:

A Strategy is a strategy if you have rules for everything. What you discovered is in best case a half strategy. Where do you close your trades?Whats your R:R? How many profitable trades you had? Whats the PNL?

All the best. and Keep going.

Correct, a trading strategy is more than a bunch of entry and exit signals, traders needs to know where their stop loss will be, at which point they will take profits, how high is their profit margin on each trade and more, so any trader that has not gone thought the trouble of actually thinking about their strategy in depth will most likely suffer from it, even if the signals they can generate are highly accurate.

TheGlue

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Hi, nice that you found a strategy, that works well for you atm. But be careful of course. If the market changes, the possibility for profits changes and you need to go on and find a new way.

Also what i wanted to mention:

A Strategy is a strategy if you have rules for everything. What you discovered is in best case a half strategy. Where do you close your trades?Whats your R:R? How many profitable trades you had? Whats the PNL?

All the best. and Keep going.

mk4

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No offense mate, but if you can manage to be right 85% of the time on a long-term time frame, then you should be a billionaire by now. It might've worked in a short-term time frame, but don't immediately get too cocky that it will work well in a long-term time frame.

Husires

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There are several ways to calculate it, but the most famous of them is a five-point system, and therefore you need data for the high and low session with two support levels and their grooves for resistance, and therefore it is true that the different sizes will lead to breaking it, but it is difficult for the price to break a support or resistance level in the short term.

Therefore, it is a way to predict the price space, such as saying that the price is between 15K to 28k, which is true now and for a long time, but it is not a method for those who want to trade in the short term.

Quote from: cafter on February 24, 2023, 12:17:45 AM

I trade on 15 min timeframe

will not work with that. see this

cafter

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anything i am sharing is not advice or financial advice,
just sharing my strategy which is 85% accurate for knowledge purposes only

I am trying this strategy from a long time and i always been accurate 85% of the time wanted to share this with you what are you suggestions about this strategy or indicator
I trade on 15 min timeframe
200 day ma
and pivot points which is key indicator to these strategy
other indicators are not in use in this strategy

https://ibb.co/Nx7vwxs

see pivot points are always been worked as a support and resistance
sometimes when moving average is nearby then it goes to retest the moving average
pivot points breaks in one move only when the volume is high enough

i really don't know much about pivot point just found it randomly a while ago
i don't understand by website anyone guys who make me understand pivot points?

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