4 hours retracement to the bull flag channel and fib50%, now breaking through the bull flag middle track, LD indicator cycalwave recovered from the oversold area, the main line resistance was broken, and then the dot and plus sign strengthened the breakthrough signal
Learn to use your advantages and have an entry plan and an exit plan. There are countless types of traders in the market, and you only need to learn the trading model that you are good at. Professional traders always leave their own notes on the market structure on the charts.Risk management and reasonable use of stop loss.You should know that it is difficult to trade with small stop loss and large profit (the so-called perfect trade). You should analyze whether you should go long/short in the current market. If there is no opportunity, you should wait patiently for it.There is no need to wonder why prices rise and fall, such as checking market news or discussions about the target. Price represents everything.
$SUPER #SUPER long - Contract/Spot, bull flag accumulation ready to breakout, rsh column turns white, br breaksout, small reversal head and shoulders bottom and ready to breakout neckline
$GAS #GAS #methodalgo Contract/spot long, retracement around 38.2%, old trend line breakthrough, 4-hour bull signal, tp1 near the previous high (rr3), tp2 at the weak position given by fib (rr4.5), stop loss placed below the white magnet, risk2%
$ETHFI long, trend line breakthrough, 2-hour bull reversal signal, breakout, plus sign bullish, stop loss placed below the white magnet, 3 take profit target positions (red magnets), risk 2%#ETHFI🔥🔥🔥#methodalgo
What you should know when entering the trading market
#BTC #ETH #BNB #methodalgo The trading market is very cruel. You must be prepared to lose money every time you trade and become a successful loser. If you start out trying to make a lot of money, nine times out of ten it's not going to happen. Even if you make money once or twice at once (luck), you will lose it later based on your own strength. 95% of people are losing money, but what about the 5% of people who are making profits? Risk management: You need to know the risk of bankruptcy. Suppose you have 1000U and the risk of each transaction is 10%, then you can lose ten times in a row. If your risk per trade is 2%, then you can lose 50 times in a row. If you are worried about bankruptcy or liquidation, you should lower the amount of each order you place. Trading plan: Don’t forget to set take profit and stop loss. Every transaction is like driving a car, stop loss is your seat belt. Trading system: The trading system is equivalent to your "Survival Guide". Welcome to methodalgo to develop your own trading strategy to improve your trading career!
📊Analysis: 1. Looking at the PR indicator, the 3-day line appears to be rising. 2. From the K-line analysis, a reverse head-and-shoulders bottom pattern appears at the bottom. After the neckline breaks through, it steps back on the neckline (there is also a teacup pattern here). 3. A two-year trend line breakout. 4. Looking at the LD indicator, there are four bullish signals.
📝My trading plan: 1. It is recommended that you can enter the spot at any time, of course, you can also enter the contract, and you should be optimistic about the risks. 2. In the short term, we should try to break through the consolidation area before 41-45, break through and fall back to 45, and then go long contracts. 3. In the short term, you can pay attention to whether the Jhook/Bull Flag downward channel pattern appears, and go long contracts by stepping back to 0.382/0.618. ⚠️If there is a rising wedge/bear flag formation in the short term, be cautious in going long and wait for the FIB number to pull back to enter the long position.
The records are all based on a trading strategy. If you don't know how to formulate your own strategy, welcome to #methodalgo , where you can combine your favorite trading strategies through different modes to help you improve your trading. Importance of transaction records Collect data and calculate the results. Single profit = profit or loss - handling fee. After calculating each transaction, don’t forget to calculate the average profit and average loss, as well as the transaction profit (the percentage of winning transactions). These are used to measure Your trading performance. Track your maximum profit and loss each month. Record the holding time of each profit and loss, not for records, but for better trading next time.
$JTO #methodalgo #JTO Long position with light position, bull flag breakthrough + reverse head&shoulders neckline breakthrough, aggressive stop loss can be placed under the first white magnet, conservative placement under the second white magnet, the spot LOG chart seems to be ready for a breakthrough
$FLOKI Long Trading Plan #FLOKI #methodalgo reason: 1. 4H RSI column white CycalWave callback 2. Two consecutive HLs are bullish 3. Ascending triangle 📝My trading plan: Risk: 2% 📊Position: 0.02918 🎯TP1: 0.03137 (23.6%) 🎯TP2: 0.03274 (resistance level) 🎯TP3: 0.04020 (below the 4H red magnet) 🔴Stop loss: 0.02800 (below the 1H white magnet)
Stop loss is reached and the transaction is recorded as a loss Stop-loss review: The 12-hour view shows that the backtest rebound after falling below the channel has a partial head-and-shoulders bottom pattern and is a red magnet. The best position to take the long position may be at 0.618.
$BTC $ETH $BNB #methodalgo Asset allocation: The ratio of spot and contract is best controlled at 9:1, 8:2, 7:3. These ratios all depend on the individual. Trading plan: Plan your transaction, enter the market at the right position, and take reasonable profits and losses. The return ratio should be 2:1 or 3:1. Risk management: 2% risk means that the amount of this loss is 2% of the contract account. Mentality management: Don’t be too emotional every time you trade. If you lose money, don’t do revenge trading. If you lose three times in a row, take a rest for a day or two before opening a position.
analyze: 1. Looking at the weekly chart (logarithmic coordinate), the triangular trend line has a certain supporting effect. It cannot be ruled out that it falls below the trend line and returns to the middle one.
2. Based on the 1-day/3-day chart, it is now a bullish bull flag waiting for a breakthrough.
Looking at the oscillator indicators, CycleWaves began to gradually recover, and the red column of the RSI column became shorter and showed signs of turning white.
3. The trend line on the daily chart seems to have some support. If it does not fall below, you can continue to look long.
Now I am personally bullish. If you encounter the upper edge of the bull flag channel, you can try short-selling (taking risks). The Fibonacci position of 0.382 may be a good buying point.
#BLZ $BLZ Looking at 1D, the K line has been rebounding along the upper and lower edges of 0.5 and 0.618 in the Fibonacci channel in August and September. In early November, it falsely fell below and rebounded. Let’s see if it can rebound. It rebounds to 0.5 and stabilizes. If it breaks through 0.5 and then falls back, a new round of decline may begin after a continuous red K line appears. (Personal opinion, not financial advice)