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How will one profit along a short-term #Bitcoin swing?

Bitcoin is now in a swing mood within a range. May reverse from around 30500 in an hourly timeframe.

Traders are, by nature, opportunists. We need to have an open and clear vision of the mindset of an opportunist. Therefore, we follow the game and play accordingly. There are simple rules and simple objectives. The goal is one - win.

When heavy traders begin to sell off, the swings occur as soon as buyers jump in. In this scenario, the TA creates a simple algorithmic opportunity for all who can see it happening and know when to enter and exit.

If I were to enter the game, I'd enter along with the signal confirmation and exit as soon as the signal flashes. No deep thinking. No emotional attributions. There are no ifs or buts in the market. It just happens, and when happens, it doesn't wait for anyone out there. Get in and get out at an algorithmic decision.
How will one profit along a short-term #Bitcoin swing? Bitcoin is now in a swing mood within a range. May reverse from around 30500 in an hourly timeframe. Traders are, by nature, opportunists. We need to have an open and clear vision of the mindset of an opportunist. Therefore, we follow the game and play accordingly. There are simple rules and simple objectives. The goal is one - win. When heavy traders begin to sell off, the swings occur as soon as buyers jump in. In this scenario, the TA creates a simple algorithmic opportunity for all who can see it happening and know when to enter and exit. If I were to enter the game, I'd enter along with the signal confirmation and exit as soon as the signal flashes. No deep thinking. No emotional attributions. There are no ifs or buts in the market. It just happens, and when happens, it doesn't wait for anyone out there. Get in and get out at an algorithmic decision.
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How will one profit along a short-term Bitcoin swing? for COINBASE:BTCUSD by BITCOINLOOM
Not intended to be a piece of financial advice. Bitcoin is now in a swing mood within a range. May reverse from around 30500 in an hourly timeframe. Traders are, by nature, opportunists. We need to have an open and clear vision of the mindset of an opportunist. Therefore, we follow the game and play accordingly. There are simple rules and simple objectives. The goal is one - win. When heavy traders begin to sell off, the swings occur as soon as buyers jump in. In this scenario, the TA …
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    #ETH/USD Dominance Print
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    Ethereum Dominance as the money flows here for COINBASE:ETHUSD by BITCOINLOOM
    ETH/USD dominance is clearly visible as the trend looks stronger than BTC/USD. Shall it sustain? For how long -- is an interesting observation.
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  • BTC: almost perfect strategy & indicator can be an amazing feat

    1. Does a perfect strategy or indicator exit?

    I was desperately working on designing a tool with a few dynamic indicators into one set of strategies that profit the most at a stable timeframe. It turns out that I achieved something better than I initially had anticipated I would. It tends to calculate the results in a strategy to be one of the most accurate ones, so the profits accordingly.

    I compiled a few sets of indicators that I researched and tinkered with to form the most accurate signal scenarios too, which I required to be the most precise points of trade entry and exit: over fifty percent of the time. I think I did that too.

    2. What are they, and how do I frame those to work effectively?

    The first one is a set of strategies. It calculates time, trades, fees, taxes, and trends effectively. It houses the famed Bollinger Bands , which gives me a clear picture of the trends, the highs, the bases, and the lows. The third, fourth, and fifth indicators are 200, 50, and 20-period moving averages, respectively. They assist me get an accurate average to compensate for the trends.

    The sixth one is a precise indicator of Higher Highs, Higher Lows, Lower Highs, and Lower Lows. It helps me read the accurate prices and generates a unique visual perspective by offering former price points precisely, which, in turn, helps me get a speculative next trade entry or exit accordingly.

    Followed-up is an implementation of a standard deviation-based trend channel that flows with no lag and smartly presents where the market is heading or what direction it is switching. The trade channel also helps me play around at a lower time setup so that I can visually set the consequent higher time trade to forecast the trade direction.

    The eighth indicator consists of RSI and STOCH , which recalculates crossings, higher highs, and lower lows. Next on the line is a compilation of Coinbase/Binance Premium Indicator to signal what is happening in the entire trend structure based on multiple whales' accumulation or decumulation, or the impact of market makers and breakers in real-time. This indicator's default is BTC for the Coinbase/Binance assets at disposal. The calculation is dynamic and shows the market moves in real-time should there be any lower or higher volume movement at play or any at play. There are two sets of Coinbase Premium indicators functioning side by side: one that uses USD by defaults and the other that uses USDT by defaults.

    Now that I have compiled most of the tools that I thought would bring me the most desirable trade entry and exit opportunities possible, the question arises: does it work?

    The answer is right in front of your eyes, as clear and pristine as the spring water. The strategy table is one of the most profitable setups ever I tested. It gives a concise view of your trade position with several accurate visual feeds. The readings of Net Profit, Total Profit, Total Loss, Profit/Loss Factor, Trades Won, Trades Lost, Maximum Drawdown, Commission, and Capital Gain Taxes display the crystal clear picture to show you a precise sense of what you would Take Home.

    3. How do strategies, as well as traders fail to calculate their profits accurately?

    If you do not calculate the commission and capital gain taxes on the fly, you will not get a precise figure about the exact profit from your closed trades. Many traders may fail to understand the simple math factor of commissions, fees, taxes, and spreads. For example, some exchanges may not charge a commission fee, which is good but may still charge for the spread trade by trade. If your profit is likely to be the victim of self-manipulation or lack of knowledge of commissions, fees, taxes, and spreads, it may trigger issues to impair your portfolio. Regardless of trade practices or expertise you think you have or are executing, these basic maths mean a lot to keep a portfolio healthy. The strategy coders may not code the commission and taxes in the code by defaults as that would trigger the profit number staggeringly low or even make the profit shamefully negative. You should not underestimate the commissions and fees or taxes.

    4. How can you find the best profit take home scenario?

    When you commit to paying commissions you owe, have ideas of the fees or spreads you pay, and effectively reserve the gain taxes you owe now and must pay in the future, you are likely to find a better picture of what your portfolio is worth about trading next.

    5. What's the takeaway?

    The fundamental takeaway is what one should reserve (or invest based on individual risk appetite) now to pay later and what one paid while closing each trade is often not in every trader's mind. At times, traders neglect it or become self-manipulative with overconfidence. If all the trade impacts show up visually on a strategy or a trading chart, you are bound to acknowledge what you paid and what you owe. Therefore, you now can say confidently how much you are taking home. Contrarily, if you negate the gain taxes you owe and the fees you have paid on each trade close, or the spreads incurred, you might be plagued by a greater bug in your portfolio management, both small and large. That is quite penalizing in nature.

    6. Summary

    Based on the compilation of various signals and strategies, the most I decoded is to encode fees and taxes into the won and lost trade structure. That not only offer you better trade execution with higher success, but also gives you a refined and accurate picture of what your trade profits/losses look like at the end of the day.
    BTC: almost perfect strategy & indicator can be an amazing feat 1. Does a perfect strategy or indicator exit? I was desperately working on designing a tool with a few dynamic indicators into one set of strategies that profit the most at a stable timeframe. It turns out that I achieved something better than I initially had anticipated I would. It tends to calculate the results in a strategy to be one of the most accurate ones, so the profits accordingly. I compiled a few sets of indicators that I researched and tinkered with to form the most accurate signal scenarios too, which I required to be the most precise points of trade entry and exit: over fifty percent of the time. I think I did that too. 2. What are they, and how do I frame those to work effectively? The first one is a set of strategies. It calculates time, trades, fees, taxes, and trends effectively. It houses the famed Bollinger Bands , which gives me a clear picture of the trends, the highs, the bases, and the lows. The third, fourth, and fifth indicators are 200, 50, and 20-period moving averages, respectively. They assist me get an accurate average to compensate for the trends. The sixth one is a precise indicator of Higher Highs, Higher Lows, Lower Highs, and Lower Lows. It helps me read the accurate prices and generates a unique visual perspective by offering former price points precisely, which, in turn, helps me get a speculative next trade entry or exit accordingly. Followed-up is an implementation of a standard deviation-based trend channel that flows with no lag and smartly presents where the market is heading or what direction it is switching. The trade channel also helps me play around at a lower time setup so that I can visually set the consequent higher time trade to forecast the trade direction. The eighth indicator consists of RSI and STOCH , which recalculates crossings, higher highs, and lower lows. Next on the line is a compilation of Coinbase/Binance Premium Indicator to signal what is happening in the entire trend structure based on multiple whales' accumulation or decumulation, or the impact of market makers and breakers in real-time. This indicator's default is BTC for the Coinbase/Binance assets at disposal. The calculation is dynamic and shows the market moves in real-time should there be any lower or higher volume movement at play or any at play. There are two sets of Coinbase Premium indicators functioning side by side: one that uses USD by defaults and the other that uses USDT by defaults. Now that I have compiled most of the tools that I thought would bring me the most desirable trade entry and exit opportunities possible, the question arises: does it work? The answer is right in front of your eyes, as clear and pristine as the spring water. The strategy table is one of the most profitable setups ever I tested. It gives a concise view of your trade position with several accurate visual feeds. The readings of Net Profit, Total Profit, Total Loss, Profit/Loss Factor, Trades Won, Trades Lost, Maximum Drawdown, Commission, and Capital Gain Taxes display the crystal clear picture to show you a precise sense of what you would Take Home. 3. How do strategies, as well as traders fail to calculate their profits accurately? If you do not calculate the commission and capital gain taxes on the fly, you will not get a precise figure about the exact profit from your closed trades. Many traders may fail to understand the simple math factor of commissions, fees, taxes, and spreads. For example, some exchanges may not charge a commission fee, which is good but may still charge for the spread trade by trade. If your profit is likely to be the victim of self-manipulation or lack of knowledge of commissions, fees, taxes, and spreads, it may trigger issues to impair your portfolio. Regardless of trade practices or expertise you think you have or are executing, these basic maths mean a lot to keep a portfolio healthy. The strategy coders may not code the commission and taxes in the code by defaults as that would trigger the profit number staggeringly low or even make the profit shamefully negative. You should not underestimate the commissions and fees or taxes. 4. How can you find the best profit take home scenario? When you commit to paying commissions you owe, have ideas of the fees or spreads you pay, and effectively reserve the gain taxes you owe now and must pay in the future, you are likely to find a better picture of what your portfolio is worth about trading next. 5. What's the takeaway? The fundamental takeaway is what one should reserve (or invest based on individual risk appetite) now to pay later and what one paid while closing each trade is often not in every trader's mind. At times, traders neglect it or become self-manipulative with overconfidence. If all the trade impacts show up visually on a strategy or a trading chart, you are bound to acknowledge what you paid and what you owe. Therefore, you now can say confidently how much you are taking home. Contrarily, if you negate the gain taxes you owe and the fees you have paid on each trade close, or the spreads incurred, you might be plagued by a greater bug in your portfolio management, both small and large. That is quite penalizing in nature. 6. Summary Based on the compilation of various signals and strategies, the most I decoded is to encode fees and taxes into the won and lost trade structure. That not only offer you better trade execution with higher success, but also gives you a refined and accurate picture of what your trade profits/losses look like at the end of the day.
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  • Update: a cleaner, detailed and optimized chart, alerts and auto trade setup.
    Update: a cleaner, detailed and optimized chart, alerts and auto trade setup.
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  • #BTC/USD best trade setup to bring home winnings - over 400k

    Most of the trade indicators do not express what you actually can bring home -- strategically. Many of them tend to show generally the positive outcome, if any, that are designed to impress traders. A majority of them immensely lack the backtest tools and are not comfortable displaying what exactly is happening behind the hood.

    Therefore, I tried to do something that is informative and tends to show what exactly happens when the trade timing differs, trade is own and trade is lost. I have also tried to display what capital gain taxes you owe if any apply in your judiciary, and what might be the final amount you probably can take home.

    The strategy set is designed to text in various time frames and find out the exact one that works best in your asset of choice. You may not benefit equally when jumping from an 8h window to 4h. Similarly, the benefits of successful trades vary depending on the chosen resolution testing as your asset differ.

    Therefore, I tend to focus only on the king crypto asset, the Bitcoin with the BTC /USD pair exclusively. This gives me a clearer picture of my chosen time that may benefit me the most to get in and out of the trades. You can find your suitable asset setup too but you need to find the time that profits the best with the asset you are fond of trading the most. All are shown on the dashboard in front of you. No time lag as the codes are continuously updated and optimized should there be any room for improvement.

    With the majority of the indicators and strategies set, you won't ever know what would be the real bring home profit-based scenario on your current trade setup. In most instances, you require to do maths on each setup, and each execution. Not anymore as the compiled strategies will be able to tell you how much exactly you are taking home and what exact amount of capital gain taxes you owe if any. I will keep posting as changes are applied.

    Not financial advice.
    #BTC/USD best trade setup to bring home winnings - over 400k Most of the trade indicators do not express what you actually can bring home -- strategically. Many of them tend to show generally the positive outcome, if any, that are designed to impress traders. A majority of them immensely lack the backtest tools and are not comfortable displaying what exactly is happening behind the hood. Therefore, I tried to do something that is informative and tends to show what exactly happens when the trade timing differs, trade is own and trade is lost. I have also tried to display what capital gain taxes you owe if any apply in your judiciary, and what might be the final amount you probably can take home. The strategy set is designed to text in various time frames and find out the exact one that works best in your asset of choice. You may not benefit equally when jumping from an 8h window to 4h. Similarly, the benefits of successful trades vary depending on the chosen resolution testing as your asset differ. Therefore, I tend to focus only on the king crypto asset, the Bitcoin with the BTC /USD pair exclusively. This gives me a clearer picture of my chosen time that may benefit me the most to get in and out of the trades. You can find your suitable asset setup too but you need to find the time that profits the best with the asset you are fond of trading the most. All are shown on the dashboard in front of you. No time lag as the codes are continuously updated and optimized should there be any room for improvement. With the majority of the indicators and strategies set, you won't ever know what would be the real bring home profit-based scenario on your current trade setup. In most instances, you require to do maths on each setup, and each execution. Not anymore as the compiled strategies will be able to tell you how much exactly you are taking home and what exact amount of capital gain taxes you owe if any. I will keep posting as changes are applied. Not financial advice.
    WWW.TRADINGVIEW.COM
    BTC/USD best trade setup to bring home winnings for BINANCE:BTCUSD by BITCOINLOOM
    Most of the trade indicators do not express what you actually can bring home -- strategically. Many of them tend to show generally the positive outcome, if any, that are designed to impress traders. A majority of them immensely lack the backtest tools and are not comfortable displaying what exactly is happening behind the hood. Therefore, I tried to do something that is informative and tends to show what exactly happens when the trade timing differs, trade is own and trade is lost. I have …
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  • #BTC/USD 6h swing traders secret exposed
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    BTC/USD 6h swing traders secret exposed for KRAKEN:BTCUSD by BITCOINLOOM
    Whether the market bleeds, there are a bunch of traders who know how to handle the trades and squeeze every bit in their favor. If the 6hr swing trend perfectly rhymes with the swing cycle, every trade is in their favor. Picture worth a thousand words. Our setup loses 51 trades but wins 45 to forecast 122.4k in profits given paid 0.85% in commission. If the commission is omitted, the net profit will tend to top 155.3k in 53 winning trades versus 43 losing trades with a 5.6% profit factor …
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  • Bitcoin crosses 24.3k may lead to a ride towards the 28k
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    Bitcoin crosses 24.3k may lead to a ride towards the 28k for BYBIT:BTCUSD by BITCOINLOOM
    Quick view: The fundamentals are getting stronger. Traders are jumping in with caution. Quick swing states are emerging as the market is hypersensitive and ready to react and take turns to either direction. Place stop loss immediately after getting into a trade.
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  • Amazon.com: The Tao of Trading: How to Build Abundant Wealth in Any Market Condition: 9781544508177: Ree, Simon: Books
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  • Beware of the 15m #BTC/USD swing risk scenario

    Not a piece of financial advice.

    Quick update: Michael Saylor's MicroStrategy has purchased an additional 480 bitcoins for $10 million as crypto markets lost about $900 billion in Value. Is this good news?

    The markets seem determined to flush most of the gamblers, including but not limited to active small-scale traders. This is a washout session that offers glimpses of false trends here and there. Therefore, I would not be too sentimental or rush to get in, not at all. But, I will require a supersonic speed to get out though.

    Also, some of the exchanges might get plagued by bots competing with each other or even planted to compete with each other to falsify or increase so-called trade volumes in some unregulated countries or the countries that are more likely to escape from scrutiny.

    Stay alert as I will keep posted the updates.
    Beware of the 15m #BTC/USD swing risk scenario Not a piece of financial advice. Quick update: Michael Saylor's MicroStrategy has purchased an additional 480 bitcoins for $10 million as crypto markets lost about $900 billion in Value. Is this good news? The markets seem determined to flush most of the gamblers, including but not limited to active small-scale traders. This is a washout session that offers glimpses of false trends here and there. Therefore, I would not be too sentimental or rush to get in, not at all. But, I will require a supersonic speed to get out though. Also, some of the exchanges might get plagued by bots competing with each other or even planted to compete with each other to falsify or increase so-called trade volumes in some unregulated countries or the countries that are more likely to escape from scrutiny. Stay alert as I will keep posted the updates.
    WWW.TRADINGVIEW.COM
    Beware of the 15m BTC/USD swing risk scenario for COINBASE:BTCUSD by BITCOINLOOM
    Not a piece of financial advice. Quick update: Michael Saylor's MicroStrategy has purchased an additional 480 bitcoins for $10 million as crypto markets lost about $900 billion in Value. Is this good news? The markets seem determined to flush most of the gamblers, including but not limited to active small-scale traders. This is a washout session that offers glimpses of false trends here and there. Therefore, I would not be too sentimental or rush to get in, not at all. But, I will require a …
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  • BTC/USD 2k swing risk reward scenario is into the play

    Not a piece of financial advice.

    The market is not stable at this time in any means technically. But, the weekly opportunity for a 2k win is in the scene with equal risk-reward into play for those who prefer swing to bring in their favor, even in the Crypto winter like this.

    The support and resistance bands are pre-defined for a couple of taps or more to bring profits home. The market gets manipulated at times, hence the bands tend to change accordingly. Understand the game. Play it wisely.

    Note: Expand the chart to some extent to get clearer view of the swings, as well as the signals.
    BTC/USD 2k swing risk reward scenario is into the play Not a piece of financial advice. The market is not stable at this time in any means technically. But, the weekly opportunity for a 2k win is in the scene with equal risk-reward into play for those who prefer swing to bring in their favor, even in the Crypto winter like this. The support and resistance bands are pre-defined for a couple of taps or more to bring profits home. The market gets manipulated at times, hence the bands tend to change accordingly. Understand the game. Play it wisely. Note: Expand the chart to some extent to get clearer view of the swings, as well as the signals.
    WWW.TRADINGVIEW.COM
    BTC/USD 2k swing risk reward scenario is into the play for KRAKEN:BTCUSD by BITCOINLOOM
    Quick update: Not a piece of financial advice. The market is not stable at this time in any means technically. But, the weekly opportunity for a 2k win is in the scene with equal risk-reward into play for those who prefer swing to bring in their favor, even in the Crypto winter like this. The support and resistance bands are pre-defined for a couple of taps or more to bring profits home. The market gets manipulated at times, hence the bands tend to change accordingly. Understand the game. …
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  • #BTC/USD Bollinger Band based signal pressure is intense.

    Not a piece of financial advice.

    We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI / Stoch suggests the bottom has been found. Weekly close above 21.9k is expected should there be no chaos to push markets further down.

    Those who got into the bottom around 19.5k level have 1k up to their share if swinging at this risky zone at an hourly trend cycle that is rewarding for quite some time.

    Should I put a trade here? I rather wait for a clean signal emerge so that my trades will follow the algorithms rather than emotions.
    #BTC/USD Bollinger Band based signal pressure is intense. Not a piece of financial advice. We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI / Stoch suggests the bottom has been found. Weekly close above 21.9k is expected should there be no chaos to push markets further down. Those who got into the bottom around 19.5k level have 1k up to their share if swinging at this risky zone at an hourly trend cycle that is rewarding for quite some time. Should I put a trade here? I rather wait for a clean signal emerge so that my trades will follow the algorithms rather than emotions.
    WWW.TRADINGVIEW.COM
    BTC/USD Bollinger Band based signal pressure is intense for COINBASE:BTCUSD by BITCOINLOOM
    Not a piece of financial advice. We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI/Stoch suggests the bottom has been found. Weekly close above 21.9k is expected should there be no chaos to push markets further down. Those who got into the bottom …
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