Contenders stream 19.6.19 Flashcards
COTW: ETC
ConLStr_19.6.19
ETC aszittem bullish setup, de short setup!
rising wedge
running into D RES
https://www.dropbox.com/s/yw5d1jk153ho4u8/Screenshot%202019-06-20%2021.30.55.png?dl=0
https://www.dropbox.com/s/k5yf636t67zs370/Screenshot%202019-06-20%2021.32.04.png?dl=0
https://www.dropbox.com/s/09rzo4ftbgk3pa9/Screenshot%202019-06-20%2021.33.19.png?dl=0
COTW: ETC 2
ConLStr_19.6.19
price hitting the OHead RES > unable to get through > bearish
+EW count
Bear DIV
https://www.dropbox.com/s/ytbjw2164n0anyz/Screenshot%202019-06-20%2021.34.02.png?dl=0
https://www.dropbox.com/s/ta1jcps5xhr5z1o/Screenshot%202019-06-20%2021.34.26.png?dl=0
https://www.dropbox.com/s/szqz9xhn7oigw9q/Screenshot%202019-06-20%2021.35.56.png?dl=0
COTW: ETC
EW and PF
ConLStr_19.6.19
W1: lading diagonal > implies deep retracement!!! sharp and deep (F786, F886)
if you have W1 > W2 >> PF: 80 % chance, that the middle line is realized
W2 heavy retrace >W4 not so much: role of alternation
can be counted as abcde as well here ascending triangle
https://www.dropbox.com/s/8ssfmedtgc3r75k/Screenshot%202019-06-20%2021.41.41.png?dl=0
https://www.dropbox.com/s/oa0upb2hlga0jx5/Screenshot%202019-06-20%2021.58.15.png?dl=0
https://www.dropbox.com/s/lje4poorgkzvndq/Screenshot%202019-06-20%2022.28.26.png?dl=0
ETC: rising wedge, what is the confirmation for short here?
https://www.dropbox.com/s/a2234fy4u548upx/Screenshot%202019-06-20%2022.02.19.png?dl=0
what would invalidate the short?
ConLStr_19.6.19
Lower High! >> short the break when goes out of the triangle
break ou of the triangle > hit F382 > bounce back up > hit the upward trendline > it flipped to RES >> down again
now if it bounces up creates HH >invalidates the short
TP1: should have been at F382 already
if goes lower > target: F618
the risk: it can still create a HL and HH to go up..
https://www.dropbox.com/s/a2234fy4u548upx/Screenshot%202019-06-20%2022.02.19.png?dl=0
https://www.dropbox.com/s/4mpz92rgrzn52g2/Screenshot%202019-06-20%2022.04.59.png?dl=0
https://www.dropbox.com/s/x6wvr5qkamqarix/Screenshot%202019-06-20%2022.09.12.png?dl=0
ETCUSD on a rising wedge > we short > target TP1: F382
how does the ETCBTC pair bias us about the TP amount?
https://www.dropbox.com/s/643wlrh3eiy5h1q/Screenshot%202019-06-20%2022.17.31.png?dl=0
ConLStr_19.6.19
ETCBTC pair bounce at F681 in the very same time > F382 greater TP, not as much anticipation for the much lower targets (danger of bouncing back up here..)
there are bullish signs/scenario here too..
https://www.dropbox.com/s/643wlrh3eiy5h1q/Screenshot%202019-06-20%2022.17.31.png?dl=0
https://www.dropbox.com/s/z2y7twilibq8lmf/Screenshot%202019-06-20%2022.23.26.png?dl=0
https://www.dropbox.com/s/1ib9rf8u3i2o394/Screenshot%202019-06-20%2022.25.22.png?dl=0
What trade would you take here?
what helps you to see the opportunity?
https://www.dropbox.com/s/z1dca4t3ympyskd/Screenshot%202019-06-20%2022.31.38.png?dl=0
ConLStr_19.6.19
Rising wedge short to F382 RES we can not close over Bearish DIVs (de nem latom jol..
https://www.dropbox.com/s/z1dca4t3ympyskd/Screenshot%202019-06-20%2022.31.38.png?dl=0
https://www.dropbox.com/s/r9so8xwbu1mcoek/Screenshot%202019-06-20%2022.34.39.png?dl=0
https://www.dropbox.com/s/xz0ytfxkc52nemq/Screenshot%202019-06-20%2022.34.56.png?dl=0
https://www.dropbox.com/s/yeqfov94rj6h2ru/Screenshot%202019-06-20%2022.41.29.png?dl=0
COTW previous ENG helyzetkep
ConLStr_19.6.19
Worked out well, went up 15% from D SUP, but it took only 15 min >> no way W/O effective alerts
Dan is crazy about this ENG calls..
it was a F618 bounce > risk is low to accumulate there, but there is a risk that break down even lower
hefreely published on Instagram for everyone
https://www.dropbox.com/s/pxot1bv1xumdf2p/Screenshot%202019-06-20%2023.32.04.png?dl=0
Trading mindset
ConLStr_19.6.19
if you suffer >> not OK
if it is a threat > not OK
you are not after the money, you are after the trade >> the money only comes with it
https://www.dropbox.com/s/8frxalnhg486dv7/Screenshot%202019-06-20%2023.50.50.png?dl=0
https://www.dropbox.com/s/j4q15vjvzi4i00d/Screenshot%202019-06-21%2000.04.58.png?dl=0
https://www.dropbox.com/s/6wr5kuleqsfpd6k/Screenshot%202019-06-21%2000.08.30.png?dl=0
What divergence to be used when scalping?
ConLStr_19.6.19
MACD better than RSI div!!!
XRP LINK run comparison priceaction
ConLStr_19.6.19
Both news based pumps
LINK associated with Google >> 70 % pump, XRP much much less
XRP after first pullback hit prev top > knocked down (double top rejection)> struggles with continuation (not good sign); LINK cont HHs
from priceaction view LINK much stronger
the target for long was the W RES it was hit during the pump, but bear DIV and priceaction weakness >> short
https://www.dropbox.com/s/1wshr400n6bgrxc/Screenshot%202019-06-21%2013.35.05.png?dl=0
XRP LINK run comparison HISTO
ConLStr_19.6.19
during the pump > LINK always remained + on Hist
XRP > bearish DIVs loosing momentum, he was in a long >> but mor interested in Shortin, due to priceaction+ DIVs
XRP hit W RES > falling down, but at each FIB levels has a bounce >> how to trade it??
ConLStr_19.6.19
You need to long and short in the same time (alternate) >> two accounts > split capital
FIB: swing low (left down corner of the screen) > swing H (red arrow)
down to F382 (short)> up to F236 long > down to F05 (short)> F618 hit > long
short and long the bounces all the way down…
XRP trade: overall Bull: because downward PAR chnl broke out up > retest backtest > HOLD > and continue up but when pumped suddenly up to W RES >> shorting it and longing through the bounces
now trading: selling F382 > buy F236 > target: GP and again W RES top >> see the reaction
https://www.dropbox.com/s/0uzu30ovm82od4l/Screenshot%202019-06-21%2013.51.32.png?dl=0
https://www.dropbox.com/s/yas9ceuq3qa7lic/Screenshot%202019-06-21%2014.48.05.png?dl=0
https://www.dropbox.com/s/wya2hrnen99e6gm/Screenshot%202019-06-21%2014.50.31.png?dl=0
LINK had a crazy pump up, news induced, how to handle, how to enter to trade?
https://www.dropbox.com/s/numxr3br36zwkxj/Screenshot%202019-06-21%2015.16.21.png?dl=0
ConLStr_19.6.19
swing up, but missed the move > pullback > take the F618 of F2 (now down is 0% up is 100% to F618 > long > target is F618
not illustrated here, but after hitting the F2-618 target > move down to a third F618 > short downwards
https://www.dropbox.com/s/du7g9r0u5dkf3fk/Screenshot%202019-06-21%2015.07.17.png?dl=0
https://www.dropbox.com/s/3mgjxtv8a9cz1s1/Screenshot%202019-06-21%2017.06.40.png?dl=0
https://www.dropbox.com/s/zhrrmy82s7g04ro/Screenshot%202019-06-21%2015.17.21.png?dl=0
LINK had a crazy pump up, news induced, how to handle, how to enter to trade? how many trades do you have here? entries and targets
https://www.dropbox.com/s/numxr3br36zwkxj/Screenshot%202019-06-21%2015.16.21.png?dl=0
ConLStr_19.6.19
more trades, all are F618 GP
down > up > down
after some time: tightening >> BB bands, EMAs, priceaction >> will break out
direction we do not know >> react accordingly; trade the break
https://www.dropbox.com/s/3mgjxtv8a9cz1s1/Screenshot%202019-06-21%2017.06.40.png?dl=0
https://www.dropbox.com/s/fqz1ecfhtmh3tvc/Screenshot%202019-06-21%2017.08.14.png?dl=0
when is it considered as LH ?
https://www.dropbox.com/s/1onn06jlxic63mw/Screenshot%202019-06-21%2017.16.54.png?dl=0
ConLStr_19.6.19
priceaction can up/down from here >> only considered as LH if priceaction continues down
untill you take the the prior low >> and go even lower, it is not a LH, because the price can still create a higher level from here
when in 2019 Apr after the HL the prior H was taken out >> market turned into Bullish (not untill, cuse still could have broken downwards)..
from Apr: LL and HH >> BULL
https://www.dropbox.com/s/n6naxyamuhdfs9h/Screenshot%202019-06-21%2017.17.18.png?dl=0
https://www.dropbox.com/s/g7thksw09hvabs6/Screenshot%202019-06-21%2017.48.44.png?dl=0
https://www.dropbox.com/s/0pmfdqqlrvmktyn/Screenshot%202019-06-21%2017.50.06.png?dl=0
