Brian's CSI complete deck Flashcards
What does RTC setup stand for?
Restest Concept
What does RTV setup stand for?
Retest Variation
Which setup looks for a shooting star?
RTC SHORT
Which setup looks for a Hammer candle?
RTC Long
If the funding rate is negative, is that a bullish or bearish edge? Do you go Long or Short?
BULLISH edge- you go Long
If the funding rate is positive, is that a bullish or bearish edge? Do you go Long or Short?
BEARISH edge- you go Short
On the RTC Short what type of candle are you looking for next on the 15 minute?
Shooting star candle within 5 bars
On the RTC Long what type of candle are you looking for next on the 15 minute?
Hammer Candle within 5 bars
What is the most common type of confirming evidence?
Touch of the Bollinger band
What are the trending rules?
1) We stop trending when we touch the opposite Bollinger
2) We stop trending after 20 bars without making a new low/high
Describe a good entry when using confirming evidence?
Any pullback to the midline
What set up is this:
- Touch of lower BB
- Higher candle close (without breaking the BB Low)
- Lower candle close (without breaking the BB Low)
RTV Long
Is the funding rate positive or negative for a RTV Long?
Negative
Is the funding rate positive or negative for a RTV Short?
Positive
Is the funding rate positive or negative for a RTC Long?
Negative
Is the funding rate positive or negative for a RTC Short?
Positive
What set up is this:
- Touch of upper BB
- Lower candle close without breaking the BB High
- Higher candle close without breaking the BB High
RTV Short
Describe an RTV long?
- Touch of lower BB
- Higher candle close (without breaking the BB Low)
- Lower candle close (without breaking the BB Low)
Describe an RTV short?
- Touch of Higher BB
- Lower candle close (without breaking the BB Low)
- Higher candle close (without breaking the BB Low)
Describe an RTC short?
- Touch of Higher BB
2. Without price action breaking the high of the candle that broke…a SHOOTING STAR candle within 5 bars
Describe an RTC Long?
- Touch of Lower BB
2. Without price action breaking the high of the candle that broke…a HAMMER candle within 5 bars
Easy way to remember RTC versus RTV
RTC- “C” is for candle- like hammer candle
RTV- “V” is the shape the candles make on retest (or inverted V for shorts)
What setup is this?
- Touch of Lower BB
- Without price action breaking the high of the candle that broke…a HAMMER candle within 5 bars
RTC Long
Easy way to remember what candle to look for on RTC short and long
S is for Short and Shooting Star
Hammers have LONG handles
What setup is this?
- Touch of Higher BB
- Without price action breaking the high of the candle that broke…a Shooting Star candle within 5 bars
RTC Short
What is the first thing we do? First step?
Check Funding rates- Take the largest perpetual funding rate. (Positive for a short. Negative for a long.)
At the start, after we have found the largest perpetual funding rate—what is your next action (after opening Trading view)?
Assess if the coin is liquid enough to trade and available on your broker.
After finding the largest perpetual funding rate, and checking it is liquid enough to trade—you decide it is not liquid enough to trade. What is your next move?
Go back to the start. Choose another coin. The largest perpetual funding rate. (Positive for a short. Negative for a long.)
You have found a coin that is liquid enough to trade, and it’s available on your broker. What is your the next question you need to ask yourself?
Is the funding rate positive or negative? Positive means look for short, Negative means look for a long.
You have found a coin that is liquid enough to trade, and it’s available on your broker. And the funding rate is positive. What is your next move?
Look for a touch of the higher BB (short mean reversion set up) on a 15 minute chart.
You have found a coin that is liquid enough to trade, and it’s available on your broker. And the funding rate is negative. What is your next move?
Look for a touch of the lower BB (long mean reversion set up) on a 15 minute chart.
You have found a short mean reversion set up on a 15m chart. What are you looking for next?
Is there confirming evidence (Bollinger Touch or Trend w/pullback) on BOTH 30m and 60m charts.
A short mean reversion set up means you need to look for a touch of the higher or lower Bollinger band?
Touch of the higher BB
A long mean reversion set up means you need to look for a touch of the higher or lower Bollinger band?
Touch of the lower BB
You have found a long mean reversion set up on a 15m chart. What are you looking for next?
Is there confirming evidence (Bollinger Touch or Trend w/pullback) on BOTH 30m and 60m charts.
If the same candle touches both the higher and lower Bollinger bands on the 15 min, what does that mean?
It kills the trade- start again
IF BB touch candle low is broken at all…what does that mean?
It kills the trade- start again
IF BB touch candle low is broken at all…what does that mean?
It kills the trade- start again
If the following candles or wicks, after the BB touch, break higher or lower than the set Stop Loss…prior to your order being filled…what do you do?
Cancel the trade and start over.
What do you do if the trade is not filled by 1R?
Cancel the trade, start over.
To be able to trade successfully, how many mistakes should you be averaging?
1 mistake out of 20 trades
