Here is a VIDEO: BTCUSD: Clarification of "odds" (percentages) Discussed Here...
https://www.tradingview.com/chart/BTCUSD/9lVErqB0-BTCUSD-Clarification-of-odds-percentages-Discussed-Here/
Topic: Wyckoff Mode Technical Analysis (Read 12112 times)
Here's a look at the Weekly Time Frame:
Hi Everyone! I hope everyone has enjoyed their weekend. ; ) Simply posting an update before celebrating my son's birthday at my parents house today. I want everyone to know we are still at substantial risk of falling down at least to the Yellow B-Band Basis in this 4-Day time frame. Do realize the Yellow B-Band in the 4-Day time frame is RISING as the price action is FALLING. I'm anticipating a potential drop down to the Yellow B-Band Basis some time during the next 4-Day candle beginning January 25, 2021 or the next 4-Day candle after that beginning on January 29, 2021. Be Advised: We are also at risk to fall down to the White Lower B-Band in the 4-Day time frame if the downward pressure actually does persist into the next two (2) 4-Day candles. Mainly because the Red RSI would be dangerously close to level 56 if the downward pressure persisted. At which point, the price action could fall down to the White Lower B-Band during the 4-Day candle with Red RSI at level 56 or not fall down to the White Lower B-Band until the next 4-Day candle after that; in which the Red RSI could be at or below level 50.
I have labeled this a "Short" position just as my previous publication labeled "Short" position (link below) due to what I'm seeing within the indicators in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly. Do NOT open a short position without first considering the indicators in the Scalping Group of time frames (6min. 12min. 23min. & 45min.) and Short Term Group of time frames (90min. 3hr. 6hr. & 12hr.).
Happy Trading Everyone!
Stay Awesome!
David
I have labeled this a "Short" position just as my previous publication labeled "Short" position (link below) due to what I'm seeing within the indicators in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly. Do NOT open a short position without first considering the indicators in the Scalping Group of time frames (6min. 12min. 23min. & 45min.) and Short Term Group of time frames (90min. 3hr. 6hr. & 12hr.).
Happy Trading Everyone!
Stay Awesome!
David
BTCUSD Part 2: Chance for Exponential Growth to $30K to $32K
https://www.tradingview.com/chart/BTCUSD/PXhBjmCV-BTCUSD-Part-2-Chance-for-Exponential-Growth-to-30K-to-32K/
https://www.tradingview.com/chart/BTCUSD/PXhBjmCV-BTCUSD-Part-2-Chance-for-Exponential-Growth-to-30K-to-32K/
BTCUSD Part 1: $20,904 to $21,261 Target Range Still in Play
https://www.tradingview.com/chart/BTCUSD/8vLoru30-BTCUSD-Part-1-20-904-to-21-261-Target-Range-Still-in-Play/
https://www.tradingview.com/chart/BTCUSD/8vLoru30-BTCUSD-Part-1-20-904-to-21-261-Target-Range-Still-in-Play/
My website is currently under construction! Meaning, NO CONTENT is on the website currently. My Chief Technical Officer (CTO) is currently building the website. I’m working on content while he constructs the website. I hope to have the website up in LIVE BETA some time in first quarter, 2021. https://wyckoffmode.com/
When my website goes LIVE, I will provide updates every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays. Of course "signals" will be provided at any time when required and posted on the website as well as my Telegram Channel for all pairs on my “Website Monitored List.”
When I set my mind to doing something major, I make it a point not to "half-ass" what I'm doing. That includes the service my staff and I will provide to subscribers. Which means I will be diligent with my updates and signals as previously mentioned.
Do keep in mind I do have to sleep at times. Yes, I will have alarms set to wake me up if I'm sleeping in order to make sure I'm providing the best possible service even though I'm the only one providing signals, updates, education, LIVE stream trading, etc... Unfortunately, there are no other people experienced with my style and method of analytics and trading who can help me carry the load. I hope to find two or more in the future who attend my training in whom I'm convinced are able to help me carry the load and partner up with me. However, that will take some time for me to find those two or more people. It may take a year or more.
Website Monitored List:
Crypto Currencies:
BTCUSD
ETHUSD
ADAUSD
LINKUSD
FOREX Currencies:
EUR/USD
EUR/GBP
GBP/NZD
GBP/USD
Prescous Metals:
XAUUSD - GOLD SPOT / U.S. DOLLAR
XAGUSD - SILVER SPOT / U.S. DOLLAR
If you have a particular crypto currency pair, forex currency pair, commodity, stock, etc… not seen on this list, I recommend you sign up for a premium account to educate yourself on how to trade pairs you like that are not listed.
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SIGNALS PROVIDED FOR MULTIPLE “TYPES” OF TRADING BASED ON AMOUNT OF “TIME” ONE HAS TO TRADE:
Not everyone has the “time” to be day trader for various reasons. Therefore, signals will be provided into the following categories to fit the “time” available for the following “types” of traders:
Long Term Trend Trader (LTTT) - Investor
Mid Term Trend Trader (MTTT)
Near Term Trend Trader (NTTT)
Short Term Trend Trader (STTT)
Signals will be provided every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays. This means I will provide signals for all four (4) of the “TYPES” of traders listed above (LTTT, MTTT, NTTT and STTT). This way, you will be informed as often as humanly possible according to the TYPE of trading you have the TIME to do.
Signals will be provided on the website and via our Telegram Channel for all pairs on our “Website Monitored List.”
NOTE: I’m of the opinion that ALL traders should keep 70 to 80 percent of their capital in “investment” when it comes to crypto currencies. A similar strategy can be exercised with FOREX currencies based on the amount of time you have available to trade. The percentage remaining after investment capital (20 to 30 percent) can be used for other “types” of trading based on the amount of “time” you have available to trade.
KEEP IN MIND: Most of the “money management” advice provided below is for those trading crypto currencies. I have a different strategy with FOREX currencies involving “compounding” your earnings to be covered in educational material for premium subscribers.
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Long Term Trend Trading (LTTT) - “Investor”:
Time frames typically used to provide signals for LTTT: Weekly, 2-Week, 3-Week and 4-Week time frames. However, higher time frames will be used to assist with determining the beginning, end and/or length of a long term “investment” trend for the “investor.”
Number of trades implemented and how often are they implemented in LTTT: Two (2) trades every 3 to 36 months. Depends heavily on what's seen in the indicators in the commonly used “groups” of time frames.
Capital Safeguards for LTTT: Taking your crypto off exchange is a must for this “type” of trader (investor) in order to protect your capital in the event of an exchange hack or banking crisis. I’m of the opinion you should have 70 to 80 percent of your capital used for investment and keep your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 20 to 30 percent because you should have kept the remaining 70 to 80 percent of your capital OFF EXCHANGE. Of course, this does not apply to you if you are only in crypto for investment purposes with absolutely no other types of trading. Which means you would keep 100% of your crypto OFF EXCHANGE.
Percentage of capital used for LTTT: 70 to 80 Percent and should be kept OFF EXCHANGE as often as possible.
Mid Term Trend Trading (MTTT):
Time frames typically used to provide signals for MTTT: Two (2) different “groups” of time frames. Those groups are as follows: 2-Day, 4-Day, 6-Day and 8-Day Group and the 3-Day, 6-Day, 9-Day and 12-Day Group.
Number of trades implemented and how often are they implemented in MTTT: Two (2) trades every 1 to 18 weeks. Depends heavily on what's seen in the indicators in those commonly used “groups” of time frames.
Capital Safeguards for MTTT: Taking your crypto off exchange is optional for this “type” of trader because I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for MTTT: 10 to 30 Percent; based on the amount of “time” you have to trade.
Near Term Trend Trading (NTTT):
Time frames typically used to provide signals for NTTT: Daily (24h), 2-Day, 3-Day and 4-Day time frames.
Number of trades implemented and how often are they implemented in NTTT: Two (2) trades every 24 hours to 16-Days. Depends heavily on what's seen in the indicators in those commonly used time frames in the higher groups of time frames.
Capital Safeguards for NTTT: Taking your crypto off exchange is optional for this “type” of trader but not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for NTTT: 10 to 30 Percent.
Short Term Trend Trading (STTT):
Time frames typically used to provide signals for STTT: Two (2) different “groups” of time frames. Those groups are as follows: 2h, 4h, 6h and 8h Group and the 90m, 3h, 6h and 12h Group.
Number of trades implemented and how often are they implemented in STTT: Two (2) trades every 4 hours to 4-Days. Depends heavily on what's seen in the indicators in those commonly used time frames in the higher groups of time frames.
Capital Safeguards for STTT: Taking your crypto off exchange is not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for STTT: 10 to 30 Percent.
High Time Frame Scalping - (HTFS): NOTE: SIGNALS WILL NOT BE PROVIDED FOR LOW TIME FRAME SCALPING EXCEPT DURING LIVE STREAMS.
Time frames typically used to provide signals for HTFS: Two (2) different “groups” of time frames. Those groups are as follows: 15m, 30m, 60m and 120m Group and the 30m, 60m, 120m and 240m Group. This type of trading is often done with margin trading because the price movement is often large enough to cover the trading fees under the right market conditions. It’s important the proper market conditions are present before conducting this type of scalping. The correct market conditions are often determined by how much “noise” is within the indicators in the two “groups” of time frames.
Number of trades implemented and how often are they implemented in HTFS: Two (2) trades every 30 minutes to as high as 48 hours. Depends heavily on what's seen in the indicators in those commonly used time frames and the Short Term Group of time frames. It also depends on if we had a trailing stop engaged after we are clearly in profit. Which is why our second trade to exit and/or reverse position could last as long as 48 hours before my trailing stop is finally triggered; my market sell is automatically implemented and I begin a new position to the reverse if the indicators are favorable. Sometimes, we have to be patient and wait after a trailing stop is triggered to allow the indicators to show us a more obvious directional pressure signal before opening another position.
Capital Safeguards for HTFS: Taking your crypto off exchange is not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for HTFS: 5 to 10 Percent for HTFS and/or LTFS. What percentage is used for this type of trading also depends on whether or not you are engaged in other types of trading previously listed. For instance, you may have 20% of your trading capital put aside for Short Term Trend Trading (STTT) and use the other 10% of your capital on exchange when you have the time and/or see conditions are ripe for High Time Frame Scalping (HTFS) or Low Time Frame Scalping (LTFS).
Low Time Frame Scalping - (LTFS): NOTE: SIGNALS WILL NOT BE PROVIDED FOR LOW TIME FRAME SCALPING EXCEPT DURING LIVE STREAMS.
Time frames typically used to provide signals for LTFS: Two (2) different “groups” of time frames. Those groups are as follows: 3m, 6m, 12m and 24m Group and the 5m, 10m, 20m and 60m Group. This type of trading is often done with margin trading because the price movement is often large enough to cover the trading fees under the right market conditions. It’s important the proper market conditions are present before conducting this type of scalping. The correct market conditions are often determined by how much “noise” is within the indicators in the two “groups” of time frames.
Number of trades implemented and how often are they implemented in LTFS: Two (2) trades every 15 minutes to as high as 12 hours. Depends heavily on what's seen in the indicators in those commonly used time frames and the Short Term Group of time frames. It also depends on if we had a trailing stop engaged after we are clearly in profit. Which is why our second trade to exit and/or reverse position could last as long as 48 hours before my trailing stop is finally triggered; my market sell is automatically implemented and I begin a new position to the reverse if the indicators are favorable. Sometimes, we have to be patient and wait after a trailing stop is triggered to allow the indicators to show us a more obvious directional pressure signal before opening another position.
Capital Safeguards for LTFS: Taking your crypto off exchange is not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for LTFS: 5 to 10 Percent for HTFS and/or LTFS. What percentage is used for this type of trading also depends on whether or not you are engaged in other types of trading previously listed. For instance, you may have 20% of your trading capital put aside for Short Term Trend Trading (STTT) and use the other 10% of your capital on exchange when you have the time and/or see conditions are ripe for High Time Frame Scalping (HTFS) or Low Time Frame Scalping (LTFS).
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Premium Subscription:
Access to signals provided for all pairs on our “Website Monitored List.”
Refer to “Website Monitored List” to see what pairs we provide signals for.
Signals will be provided every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays.
Signals will be provided on the website and via our Telegram Channel for all pairs on our “Website Monitored List.”
Unlimited access to educational content.
The educational content will be presented in a way to make it easy to understand and organized in a way to provide the structure required to help one know how much they have advanced and retained. Of course, actual “experience” with what is learned is the best means to determine if one has retained what they have learned. Most educational content will be presented in recorded audio/visual format.
Educational Content:
How to use Phoenix 1.119
How to use Phoenix Ari 1.07
How to use Stochastic RSI in conjunction with Phoenix 1.119 and Phoenix Ari 1.07.
How to use Fibonacci, Fibonacci Extensions and Fibonacci Re-Traces with the indicators.
Where and when to set Alarms on indicators for your type of trading. Very important to help us plan our trades and to avoid missing trades.
Learning what is necessary to learn about Wyckoff Method of Trend Analysis. Example: Point & Figure is not necessary with technology available in our indicators.
Risk Management
Money Management
Unlimited access to LIVE trading via LIVE Streaming.
The majority of the LIVE trading will be FOREX Currencies during the week. There will be “occasional” LIVE trading of crypto pairs on weekends if the volatility is present to justify LIVE margin trading in lower time frames. LIVE Stream Trading on weekends will be limited in length to avoid burnout. If we have a major dump in crypto, I’m subject to do a LIVE stream for premium subscribers to point out what we are looking for to determine WHEN we may likely find the bottom and what the bottom may likely be.
Unlimited access to LIVE trading via LIVE Streaming.
LIVE Stream Trading will be executed every day of FOREX trading for a period of 4 to 12 hours each day during FOREX trading days of the week.*
LIVE Stream Trading will be recorded and kept for future viewing for up to 30-Days by Premium subscribers.
LIVE Streams will be an excellent place to learn much of what is covered in the pre-recorded educational content and see it applied in real time as the price action plays out.
Access to occasional LIVE Streams conducted on TradingView platform.
Especially, after we have had a significant dump of 25 percent or more in the crypto market, most would prefer I create a LIVE Stream to hold a discussion about WHERE the price may be going and WHEN we might get there.
Access to occasional AMA Trading Related Live Streams.
There will be occasional AMA (Ask Me Anything) Live Streams once or twice a month for Premium Subscribers. The length of AMA Live Streams will be for one or two hours. This will be an opportunity to ask my opinion of other pairs NOT on the “Website Monitored List” or other analysis/trading questions. AMA Live Streams will not be used to answer personal questions, talk about politics, talk about religion, etc. ONLY trading/analytics related.
Access to Discord Chat Room Reserved for Premium Subscribers to have discussion with one another about what they have learned.
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Basic Subscription:
Access to signals provided for all pairs on our “Website Monitored List.”
Refer to “Website Monitored List” to see what pairs we provide signals for. If you want signals for other pairs not offered on the “Website Monitored List,” we recommend upgrading to a Premium Subscription to gain the education needed to determine your own signals for pairs not listed on our “Website Monitored List.”
Signals will be provided every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays.
Signals will be provided on the website and via our Telegram Channel for all pairs on our “Website Monitored List.”
Access to Discord Chat Room Reserved for Basic Subscribers to have discussion with one another.
Access to occasional LIVE Streams conducted on TradingView platform.
Especially, after we have had a significant dump of 25 percent or more in the crypto market, most would prefer I create a LIVE Stream to hold a discussion about WHERE the price may be going and WHEN we might get there.
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BE ADVISED: My website is NOT LIVE YET. As you can probably tell by what I've provided above, I have written content I've been working on. However, I have a LOT of audio/visual educational content to create and post as content on the website. When you see a link to my website in my signature here on bitcointalk, in my signature on TradingView (above comments in each publication on TradingView), in my Twitter public profile and in my "status" on TradingView and on my YouTube channel, you will know my website is LIVE. I hope to have all content uploaded in first quarter of 2021.
Subscription Payment Structure:
Type 1-Month 3-Month (10%) 6-Month (20%) 12-Month (25%)
Basic Subscription: $30.00 $27.00 ($81.00) $24.00 ($144.00) $22.50 ($270.00)
Type 1-Month 3-Month (12%) 6-Month (26%) 12-Month (34%)
Premium Subscription: $45.00 $40.00 ($120.00) $33.00 ($198.00) $30.00 ($360.00)
I will encourage new subscribers to subscribe for only one month to see if they believe the services we offer are acceptable. We will also let them know they may have to renew one more month to make that determination. Especially, if the specific month they subscribed was during a time the markets were experiencing low liquidity and volatility (flat).
The purpose to encourage new subscribers to subscribe only one or two months in the beginning is for them to determine they are receiving VALUE for their money. We will NOT charge anyone a HUGE amount of money like other service providers without them SEEING FOR THEMSELVES the money they are about to spend has VALUE.
Once a new subscriber has determined our services provide value to their future investment and/or educational needs, they can then choose to take advantage of the discounts we offer for 3-Month, 6-Month and 12-Month Subscriptions.
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I will eventually begin looking closely at those who have gone through my educational regiment to determine if they would be interested in joining me in my quest to create a training institute. However, if they already have a Telegram channel or some other service in which they are already providing services, they will NOT be considered. The main reason they will not be considered is because I do not want to bring someone on board who may have had a bad reputation previously due to their services or lack there-of on their Telegram or other social channel. I will also be looking for twelve (12) educators/signal providers and four (4) customer service representatives.
Here is the schedule for the twelve (12) educators/signal providers:
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IF YOU NEED INSTRUCTIONS FOR SETUP OF MY INDICATORS:
ASSUMING YOU HAVE BEEN GIVEN ACCESS TO USE MY INDICATORS...
REFRESH your browser before doing anything. Then follow instructions in the following video. Ignore the step to move the indicator to a new pane below the chart. That "bug" has been fixed.
https://www.tradingview.com/chart/BTCUSD/CxVhS4xA-How-To-Setup-Phoenix-Ascending-2-121-and-Bad-Ass-BB-Indicators/
When my website goes LIVE, I will provide updates every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays. Of course "signals" will be provided at any time when required and posted on the website as well as my Telegram Channel for all pairs on my “Website Monitored List.”
When I set my mind to doing something major, I make it a point not to "half-ass" what I'm doing. That includes the service my staff and I will provide to subscribers. Which means I will be diligent with my updates and signals as previously mentioned.
Do keep in mind I do have to sleep at times. Yes, I will have alarms set to wake me up if I'm sleeping in order to make sure I'm providing the best possible service even though I'm the only one providing signals, updates, education, LIVE stream trading, etc... Unfortunately, there are no other people experienced with my style and method of analytics and trading who can help me carry the load. I hope to find two or more in the future who attend my training in whom I'm convinced are able to help me carry the load and partner up with me. However, that will take some time for me to find those two or more people. It may take a year or more.
Website Monitored List:
Crypto Currencies:
BTCUSD
ETHUSD
ADAUSD
LINKUSD
FOREX Currencies:
EUR/USD
EUR/GBP
GBP/NZD
GBP/USD
Prescous Metals:
XAUUSD - GOLD SPOT / U.S. DOLLAR
XAGUSD - SILVER SPOT / U.S. DOLLAR
If you have a particular crypto currency pair, forex currency pair, commodity, stock, etc… not seen on this list, I recommend you sign up for a premium account to educate yourself on how to trade pairs you like that are not listed.
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SIGNALS PROVIDED FOR MULTIPLE “TYPES” OF TRADING BASED ON AMOUNT OF “TIME” ONE HAS TO TRADE:
Not everyone has the “time” to be day trader for various reasons. Therefore, signals will be provided into the following categories to fit the “time” available for the following “types” of traders:
Long Term Trend Trader (LTTT) - Investor
Mid Term Trend Trader (MTTT)
Near Term Trend Trader (NTTT)
Short Term Trend Trader (STTT)
Signals will be provided every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays. This means I will provide signals for all four (4) of the “TYPES” of traders listed above (LTTT, MTTT, NTTT and STTT). This way, you will be informed as often as humanly possible according to the TYPE of trading you have the TIME to do.
Signals will be provided on the website and via our Telegram Channel for all pairs on our “Website Monitored List.”
NOTE: I’m of the opinion that ALL traders should keep 70 to 80 percent of their capital in “investment” when it comes to crypto currencies. A similar strategy can be exercised with FOREX currencies based on the amount of time you have available to trade. The percentage remaining after investment capital (20 to 30 percent) can be used for other “types” of trading based on the amount of “time” you have available to trade.
KEEP IN MIND: Most of the “money management” advice provided below is for those trading crypto currencies. I have a different strategy with FOREX currencies involving “compounding” your earnings to be covered in educational material for premium subscribers.
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Long Term Trend Trading (LTTT) - “Investor”:
Time frames typically used to provide signals for LTTT: Weekly, 2-Week, 3-Week and 4-Week time frames. However, higher time frames will be used to assist with determining the beginning, end and/or length of a long term “investment” trend for the “investor.”
Number of trades implemented and how often are they implemented in LTTT: Two (2) trades every 3 to 36 months. Depends heavily on what's seen in the indicators in the commonly used “groups” of time frames.
Capital Safeguards for LTTT: Taking your crypto off exchange is a must for this “type” of trader (investor) in order to protect your capital in the event of an exchange hack or banking crisis. I’m of the opinion you should have 70 to 80 percent of your capital used for investment and keep your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 20 to 30 percent because you should have kept the remaining 70 to 80 percent of your capital OFF EXCHANGE. Of course, this does not apply to you if you are only in crypto for investment purposes with absolutely no other types of trading. Which means you would keep 100% of your crypto OFF EXCHANGE.
Percentage of capital used for LTTT: 70 to 80 Percent and should be kept OFF EXCHANGE as often as possible.
Mid Term Trend Trading (MTTT):
Time frames typically used to provide signals for MTTT: Two (2) different “groups” of time frames. Those groups are as follows: 2-Day, 4-Day, 6-Day and 8-Day Group and the 3-Day, 6-Day, 9-Day and 12-Day Group.
Number of trades implemented and how often are they implemented in MTTT: Two (2) trades every 1 to 18 weeks. Depends heavily on what's seen in the indicators in those commonly used “groups” of time frames.
Capital Safeguards for MTTT: Taking your crypto off exchange is optional for this “type” of trader because I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for MTTT: 10 to 30 Percent; based on the amount of “time” you have to trade.
Near Term Trend Trading (NTTT):
Time frames typically used to provide signals for NTTT: Daily (24h), 2-Day, 3-Day and 4-Day time frames.
Number of trades implemented and how often are they implemented in NTTT: Two (2) trades every 24 hours to 16-Days. Depends heavily on what's seen in the indicators in those commonly used time frames in the higher groups of time frames.
Capital Safeguards for NTTT: Taking your crypto off exchange is optional for this “type” of trader but not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for NTTT: 10 to 30 Percent.
Short Term Trend Trading (STTT):
Time frames typically used to provide signals for STTT: Two (2) different “groups” of time frames. Those groups are as follows: 2h, 4h, 6h and 8h Group and the 90m, 3h, 6h and 12h Group.
Number of trades implemented and how often are they implemented in STTT: Two (2) trades every 4 hours to 4-Days. Depends heavily on what's seen in the indicators in those commonly used time frames in the higher groups of time frames.
Capital Safeguards for STTT: Taking your crypto off exchange is not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for STTT: 10 to 30 Percent.
High Time Frame Scalping - (HTFS): NOTE: SIGNALS WILL NOT BE PROVIDED FOR LOW TIME FRAME SCALPING EXCEPT DURING LIVE STREAMS.
Time frames typically used to provide signals for HTFS: Two (2) different “groups” of time frames. Those groups are as follows: 15m, 30m, 60m and 120m Group and the 30m, 60m, 120m and 240m Group. This type of trading is often done with margin trading because the price movement is often large enough to cover the trading fees under the right market conditions. It’s important the proper market conditions are present before conducting this type of scalping. The correct market conditions are often determined by how much “noise” is within the indicators in the two “groups” of time frames.
Number of trades implemented and how often are they implemented in HTFS: Two (2) trades every 30 minutes to as high as 48 hours. Depends heavily on what's seen in the indicators in those commonly used time frames and the Short Term Group of time frames. It also depends on if we had a trailing stop engaged after we are clearly in profit. Which is why our second trade to exit and/or reverse position could last as long as 48 hours before my trailing stop is finally triggered; my market sell is automatically implemented and I begin a new position to the reverse if the indicators are favorable. Sometimes, we have to be patient and wait after a trailing stop is triggered to allow the indicators to show us a more obvious directional pressure signal before opening another position.
Capital Safeguards for HTFS: Taking your crypto off exchange is not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for HTFS: 5 to 10 Percent for HTFS and/or LTFS. What percentage is used for this type of trading also depends on whether or not you are engaged in other types of trading previously listed. For instance, you may have 20% of your trading capital put aside for Short Term Trend Trading (STTT) and use the other 10% of your capital on exchange when you have the time and/or see conditions are ripe for High Time Frame Scalping (HTFS) or Low Time Frame Scalping (LTFS).
Low Time Frame Scalping - (LTFS): NOTE: SIGNALS WILL NOT BE PROVIDED FOR LOW TIME FRAME SCALPING EXCEPT DURING LIVE STREAMS.
Time frames typically used to provide signals for LTFS: Two (2) different “groups” of time frames. Those groups are as follows: 3m, 6m, 12m and 24m Group and the 5m, 10m, 20m and 60m Group. This type of trading is often done with margin trading because the price movement is often large enough to cover the trading fees under the right market conditions. It’s important the proper market conditions are present before conducting this type of scalping. The correct market conditions are often determined by how much “noise” is within the indicators in the two “groups” of time frames.
Number of trades implemented and how often are they implemented in LTFS: Two (2) trades every 15 minutes to as high as 12 hours. Depends heavily on what's seen in the indicators in those commonly used time frames and the Short Term Group of time frames. It also depends on if we had a trailing stop engaged after we are clearly in profit. Which is why our second trade to exit and/or reverse position could last as long as 48 hours before my trailing stop is finally triggered; my market sell is automatically implemented and I begin a new position to the reverse if the indicators are favorable. Sometimes, we have to be patient and wait after a trailing stop is triggered to allow the indicators to show us a more obvious directional pressure signal before opening another position.
Capital Safeguards for LTFS: Taking your crypto off exchange is not recommended because you may not be able to get your crypto back on the exchange soon enough to engage with your trade in an efficient and timely manner. REMEMBER: I’m of the opinion you should already have 70 to 80 percent of your crypto off exchange while leaving 20 to 30 percent of your capital on the exchange for the “type(s)” of trading you have time for exercising. If your exchange is hacked and you lose all your capital on the exchange, you should have kept your loss to no more than 30 percent because you should have kept the remaining 70 percent minimum of your capital OFF EXCHANGE.
Percentage of capital used for LTFS: 5 to 10 Percent for HTFS and/or LTFS. What percentage is used for this type of trading also depends on whether or not you are engaged in other types of trading previously listed. For instance, you may have 20% of your trading capital put aside for Short Term Trend Trading (STTT) and use the other 10% of your capital on exchange when you have the time and/or see conditions are ripe for High Time Frame Scalping (HTFS) or Low Time Frame Scalping (LTFS).
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Premium Subscription:
Access to signals provided for all pairs on our “Website Monitored List.”
Refer to “Website Monitored List” to see what pairs we provide signals for.
Signals will be provided every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays.
Signals will be provided on the website and via our Telegram Channel for all pairs on our “Website Monitored List.”
Unlimited access to educational content.
The educational content will be presented in a way to make it easy to understand and organized in a way to provide the structure required to help one know how much they have advanced and retained. Of course, actual “experience” with what is learned is the best means to determine if one has retained what they have learned. Most educational content will be presented in recorded audio/visual format.
Educational Content:
How to use Phoenix 1.119
How to use Phoenix Ari 1.07
How to use Stochastic RSI in conjunction with Phoenix 1.119 and Phoenix Ari 1.07.
How to use Fibonacci, Fibonacci Extensions and Fibonacci Re-Traces with the indicators.
Where and when to set Alarms on indicators for your type of trading. Very important to help us plan our trades and to avoid missing trades.
Learning what is necessary to learn about Wyckoff Method of Trend Analysis. Example: Point & Figure is not necessary with technology available in our indicators.
Risk Management
Money Management
Unlimited access to LIVE trading via LIVE Streaming.
The majority of the LIVE trading will be FOREX Currencies during the week. There will be “occasional” LIVE trading of crypto pairs on weekends if the volatility is present to justify LIVE margin trading in lower time frames. LIVE Stream Trading on weekends will be limited in length to avoid burnout. If we have a major dump in crypto, I’m subject to do a LIVE stream for premium subscribers to point out what we are looking for to determine WHEN we may likely find the bottom and what the bottom may likely be.
Unlimited access to LIVE trading via LIVE Streaming.
LIVE Stream Trading will be executed every day of FOREX trading for a period of 4 to 12 hours each day during FOREX trading days of the week.*
LIVE Stream Trading will be recorded and kept for future viewing for up to 30-Days by Premium subscribers.
LIVE Streams will be an excellent place to learn much of what is covered in the pre-recorded educational content and see it applied in real time as the price action plays out.
Access to occasional LIVE Streams conducted on TradingView platform.
Especially, after we have had a significant dump of 25 percent or more in the crypto market, most would prefer I create a LIVE Stream to hold a discussion about WHERE the price may be going and WHEN we might get there.
Access to occasional AMA Trading Related Live Streams.
There will be occasional AMA (Ask Me Anything) Live Streams once or twice a month for Premium Subscribers. The length of AMA Live Streams will be for one or two hours. This will be an opportunity to ask my opinion of other pairs NOT on the “Website Monitored List” or other analysis/trading questions. AMA Live Streams will not be used to answer personal questions, talk about politics, talk about religion, etc. ONLY trading/analytics related.
Access to Discord Chat Room Reserved for Premium Subscribers to have discussion with one another about what they have learned.
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Basic Subscription:
Access to signals provided for all pairs on our “Website Monitored List.”
Refer to “Website Monitored List” to see what pairs we provide signals for. If you want signals for other pairs not offered on the “Website Monitored List,” we recommend upgrading to a Premium Subscription to gain the education needed to determine your own signals for pairs not listed on our “Website Monitored List.”
Signals will be provided every four to six hours up to three (3) or four (4) times each day except Saturdays and Sundays; Only one or two times during the day on Saturdays and Sundays.
Signals will be provided on the website and via our Telegram Channel for all pairs on our “Website Monitored List.”
Access to Discord Chat Room Reserved for Basic Subscribers to have discussion with one another.
Access to occasional LIVE Streams conducted on TradingView platform.
Especially, after we have had a significant dump of 25 percent or more in the crypto market, most would prefer I create a LIVE Stream to hold a discussion about WHERE the price may be going and WHEN we might get there.
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BE ADVISED: My website is NOT LIVE YET. As you can probably tell by what I've provided above, I have written content I've been working on. However, I have a LOT of audio/visual educational content to create and post as content on the website. When you see a link to my website in my signature here on bitcointalk, in my signature on TradingView (above comments in each publication on TradingView), in my Twitter public profile and in my "status" on TradingView and on my YouTube channel, you will know my website is LIVE. I hope to have all content uploaded in first quarter of 2021.
Subscription Payment Structure:
Type 1-Month 3-Month (10%) 6-Month (20%) 12-Month (25%)
Basic Subscription: $30.00 $27.00 ($81.00) $24.00 ($144.00) $22.50 ($270.00)
Type 1-Month 3-Month (12%) 6-Month (26%) 12-Month (34%)
Premium Subscription: $45.00 $40.00 ($120.00) $33.00 ($198.00) $30.00 ($360.00)
I will encourage new subscribers to subscribe for only one month to see if they believe the services we offer are acceptable. We will also let them know they may have to renew one more month to make that determination. Especially, if the specific month they subscribed was during a time the markets were experiencing low liquidity and volatility (flat).
The purpose to encourage new subscribers to subscribe only one or two months in the beginning is for them to determine they are receiving VALUE for their money. We will NOT charge anyone a HUGE amount of money like other service providers without them SEEING FOR THEMSELVES the money they are about to spend has VALUE.
Once a new subscriber has determined our services provide value to their future investment and/or educational needs, they can then choose to take advantage of the discounts we offer for 3-Month, 6-Month and 12-Month Subscriptions.
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I will eventually begin looking closely at those who have gone through my educational regiment to determine if they would be interested in joining me in my quest to create a training institute. However, if they already have a Telegram channel or some other service in which they are already providing services, they will NOT be considered. The main reason they will not be considered is because I do not want to bring someone on board who may have had a bad reputation previously due to their services or lack there-of on their Telegram or other social channel. I will also be looking for twelve (12) educators/signal providers and four (4) customer service representatives.
Here is the schedule for the twelve (12) educators/signal providers:
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IF YOU NEED INSTRUCTIONS FOR SETUP OF MY INDICATORS:
ASSUMING YOU HAVE BEEN GIVEN ACCESS TO USE MY INDICATORS...
REFRESH your browser before doing anything. Then follow instructions in the following video. Ignore the step to move the indicator to a new pane below the chart. That "bug" has been fixed.
https://www.tradingview.com/chart/BTCUSD/CxVhS4xA-How-To-Setup-Phoenix-Ascending-2-121-and-Bad-Ass-BB-Indicators/
When we have the pullback, where is the best place to place a buy order? I still have a little Fiat left and would like to add some more. Thank you for your work David 
I will provide an update on that soon...
Thank you for your support!
When we have the pullback, where is the best place to place a buy order? I still have a little Fiat left and would like to add some more. Thank you for your work David
Very nice call David with ETH exactly hit $$464 and then down.
Thanks Mate!
Very nice call David with ETH exactly hit $$464 and then down.
BTCUSD: $20,900 to $21,260 May Be Target Before Major Pullback.
https://www.tradingview.com/chart/BTCUSD/fdT13UXl-BTCUSD-20-900-to-21-260-May-Be-Target-Before-Major-Pullback/
https://www.tradingview.com/chart/BTCUSD/fdT13UXl-BTCUSD-20-900-to-21-260-May-Be-Target-Before-Major-Pullback/
BTCUSD: Target by Mid December May Be Just Shy of $21,000 https://www.tradingview.com/chart/BTCUSD/1NnUuccI-BTCUSD-Target-by-Mid-December-May-Be-Just-Shy-of-21-000/
IGNORE the Yellow and Blue text bubbles. They were created in the 3-Day time frame. I want you to pay attention to the Gray Text Bubble inside the indicator in the bottom right corner and the Orange Text Bubble in the top left corner. The price action has ALWAYS ran up to at least the Orange Upper B-Band in the 2-Week TF "DURING A BULL TREND."
Here is the 3-Day TF (below) showing examples of TIME correction and PRICE correction to followers about 15 hours ago:
Here is the 3-Day TF (below) showing examples of TIME correction and PRICE correction to followers about 15 hours ago:
BTCUSD: White UPPER B-Band in 3-Day TF May Be Our Support
https://www.tradingview.com/chart/BTCUSD/Z5IzdkHw-BTCUSD-White-UPPER-B-Band-in-3-Day-TF-May-Be-Our-Support/
https://www.tradingview.com/chart/BTCUSD/Z5IzdkHw-BTCUSD-White-UPPER-B-Band-in-3-Day-TF-May-Be-Our-Support/
Thanks for the updates as always, David! Your second scenario roughly lines up with Masterluc's projected dip to channel support here: https://www.tradingview.com/chart/BTCUSD/HNutyDX7-Short-term-resistance/
I've been holding that out as a possibility too.
I find that higher time frame breakouts like this, in the early stages, are often characterized by severe shakeout attempts. One of my trader friends likes to call them "the last vinegar strokes" of the bears, before price explodes to the upside.
Hi Exstasie,
Good to see ya, Mate!
I would agree with you on the "last vinegar strokes" of the bears. Yet, as you and I both know, there are instances in which we have TIME corrections rather than PRICE corrections. I have a LOT of new followers who got into trouble with a SHORT position and may have just closed their position with a loss. If they were following me earlier, they would not have opened that short position and had been hoping for a dip back down to $12.5k.
I'm currently seeing a LOT of upward pressure remaining in the 2-Week time frame that could very well push us up to $16,xxx. Which is shared in the following video:
"BTCUSD My Argument for $16,138 MINIMUM During Next 2-Week Candle."
https://www.tradingview.com/chart/BTCUSD/0RdbzBIG-BTCUSD-My-Argument-for-16-138-MINIMUM-During-Next-2-Week-Candle/
NOTE: We have more room for upward pressure in this 2-Week TF (below) if you were to see the White Energy has more room to travel upward toward level 80. We could see at least one more 2-Week Candle of upward pressure; if not two or three more 2-Week candles.
BTCUSD: White UPPER B-Band in 3-Day TF May Be Our Support
https://www.tradingview.com/chart/BTCUSD/Z5IzdkHw-BTCUSD-White-UPPER-B-Band-in-3-Day-TF-May-Be-Our-Support/
https://www.tradingview.com/chart/BTCUSD/Z5IzdkHw-BTCUSD-White-UPPER-B-Band-in-3-Day-TF-May-Be-Our-Support/
Thanks for the updates as always, David! Your second scenario roughly lines up with Masterluc's projected dip to channel support here: https://www.tradingview.com/chart/BTCUSD/HNutyDX7-Short-term-resistance/
I've been holding that out as a possibility too.
I find that higher time frame breakouts like this, in the early stages, are often characterized by severe shakeout attempts. One of my trader friends likes to call them "the last vinegar strokes" of the bears, before price explodes to the upside.
BTCUSD: White UPPER B-Band in 3-Day TF May Be Our Support
https://www.tradingview.com/chart/BTCUSD/Z5IzdkHw-BTCUSD-White-UPPER-B-Band-in-3-Day-TF-May-Be-Our-Support/
https://www.tradingview.com/chart/BTCUSD/Z5IzdkHw-BTCUSD-White-UPPER-B-Band-in-3-Day-TF-May-Be-Our-Support/
BTCUSD: $15,409 - $16,575 Minimum; to $20,905 - $21,042 Maximum
https://www.tradingview.com/chart/BTCUSD/r5C6I53X-BTCUSD-15-409-16-575-Minimum-to-20-905-21-042-Maximum/
https://www.tradingview.com/chart/BTCUSD/r5C6I53X-BTCUSD-15-409-16-575-Minimum-to-20-905-21-042-Maximum/
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