I've had others call me "embarrassing" and "stupid" in...
...other traders publications where I posted what I found in an effort to INFORM others of the advantage they have with this indicator. Especially, in FOREX publications where the real liquidity is located. However, those who have called me such names willing close their eyes and ears TO THEIR OWN EMBARRASSMENT & STUPIDITY.
Fine, you can remain in your embarrassing stupidity while I remain in mine... ; ) ; ) hehe.
I actually shorted XMRBTC 6 times on the way up. Yes, you heard me right... while we were pumping. I was using 5 BTC to buy in with the pumps then sell (short) at certain points on the way up. This denied other larger whales from dumping into buy orders that would have looked delicious to them and I would still those buy orders from them just 60 seconds or so before they would.
Each time I shorted, the whale had no choice but to wait with a pause for a while or keep going up. Well, they kept pumping it up and I kept shorting on the way up at just the right time before they could short it.
After the 4th time of shorting it, we had quite a long pause and the whales with their bots decided a different strategy. WHY? Cause I had a lot of traders gun shy about putting buy orders in near the top after shorting it a 4th time. The whales ended up putting buy orders in themselves near the top; and instead of larger amounts in one order, they put multiple 100 to 200 XMR orders lined up behind one another but spaced out a bit to show support and encourage others to place orders in above theirs. This was after we had already reached our high of 0.0145 and we were on the way down.
I shorted two more times on the way down before the big dump THAT I SAW COMING. That's when I put a buy order in at the top of a candle just above my blue support line at 0.01269256 with those 5.0 BTC and went to sleep. I woke up to find we came down ALMOST EXACTLY to my support line and my buy order was filled. Now, we are back up to 0.01371800 currently at this writing.
How's that for "embarrassing" and "stupid?" hehe... Go figure... hehe
I have one "mutli-chart" up like you see above AND one big chart for 1h and higher TF's on EVERY pair I trade.
Fine, you can remain in your embarrassing stupidity while I remain in mine... ; ) ; ) hehe.
I actually shorted XMRBTC 6 times on the way up. Yes, you heard me right... while we were pumping. I was using 5 BTC to buy in with the pumps then sell (short) at certain points on the way up. This denied other larger whales from dumping into buy orders that would have looked delicious to them and I would still those buy orders from them just 60 seconds or so before they would.
Each time I shorted, the whale had no choice but to wait with a pause for a while or keep going up. Well, they kept pumping it up and I kept shorting on the way up at just the right time before they could short it.
After the 4th time of shorting it, we had quite a long pause and the whales with their bots decided a different strategy. WHY? Cause I had a lot of traders gun shy about putting buy orders in near the top after shorting it a 4th time. The whales ended up putting buy orders in themselves near the top; and instead of larger amounts in one order, they put multiple 100 to 200 XMR orders lined up behind one another but spaced out a bit to show support and encourage others to place orders in above theirs. This was after we had already reached our high of 0.0145 and we were on the way down.
I shorted two more times on the way down before the big dump THAT I SAW COMING. That's when I put a buy order in at the top of a candle just above my blue support line at 0.01269256 with those 5.0 BTC and went to sleep. I woke up to find we came down ALMOST EXACTLY to my support line and my buy order was filled. Now, we are back up to 0.01371800 currently at this writing.
How's that for "embarrassing" and "stupid?" hehe... Go figure... hehe
I have one "mutli-chart" up like you see above AND one big chart for 1h and higher TF's on EVERY pair I trade.
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For those NEW to using the "multi-chart" I've shown in an example above; MAKE SURE to set it up like I have shown with those TF (Time Frame) minutes shown.
MAKE SURE to watch them for a while and WRITE A TRADE ON PAPER that you would have made based off what you're seeing. You CANNOT stay focused on the 1m and 5m all the time. You must also pay close attention to the others as well as things play out in the 1m, 5m, 10m and 15m TF's.
Once you get an idea of how it works ON PAPER, then you can go LIVE.
Happy Trading...
MAKE SURE to watch them for a while and WRITE A TRADE ON PAPER that you would have made based off what you're seeing. You CANNOT stay focused on the 1m and 5m all the time. You must also pay close attention to the others as well as things play out in the 1m, 5m, 10m and 15m TF's.
Once you get an idea of how it works ON PAPER, then you can go LIVE.
Happy Trading...
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The inputs on Godmode in the formatting have been changed from defaults to 9, 6 & 3. I also added LSMA and changed it's input from 25 to 32. Leave it on 32 FOR ALL TF's.
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You may find you prefer different inputs that may work better. If so, please share and explain.
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This chart only to show where I determined our "support." at the bottom of the dump:
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If I pissed off the whale pumping XMR last night after they have read this, so be it...
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It was nothing personal... Just business.
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Helpful hint for those new to charts and indicators.
When you want to go "multi-chart" mode, make sure to have all your indicators with their proper inputs SET UP FIRST before going to multi chart mode. This will prevent you from having to spend the time on each little chart inserting the indicators with their proper inputs.
When you want to go "multi-chart" mode, make sure to have all your indicators with their proper inputs SET UP FIRST before going to multi chart mode. This will prevent you from having to spend the time on each little chart inserting the indicators with their proper inputs.
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If you went to white background like I have, you may want to double click Godmode, then click "style," then click the yellow color on "Caution" and change it to Red to make it more visible with a white background.
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Referring to the DOT's
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XMRBTC pumping for the moment. Getting back to journal entries:
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The Multi-Higher-TF's-Chart 45m, 60m, 90m, 120m, 180m have red line from the left side of a green line going up; indicating upside.
The 240m TF has green line coming up to meet the red line that would enter it from it's left side while it's going up; indicating upside potential in the 4h
This can change on the fly. Keep an eye on the lower TF's. Especially the 10m with 5m, 15m, 20m and 25m
The 240m TF has green line coming up to meet the red line that would enter it from it's left side while it's going up; indicating upside potential in the 4h
This can change on the fly. Keep an eye on the lower TF's. Especially the 10m with 5m, 15m, 20m and 25m
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XMRUSD looks the same... Bullish...
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I'm leaving the whales alone, this ride up with this pump.
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still looking strong... for the moment.
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20m, 25m, 30m and 45m TF's still shows potential for upside
don't sell right now.
don't sell right now.
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This could be a dump
Bull trap
We'll see
Bull trap
We'll see
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shake out or shorts going on like what I did last night. I thought I would let others do what I did this go around. I also wondered if a whale(s) read this publication. Watching their reaction in trading if this is so...
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20m, 25m, 30, & 45m still show potential for upside. No sell yet... ; )
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A look at XMRUSD in lower TF's:
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One last look of XMRBTC instead of XMRUSD in lower TF's for future reference.
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I got rid of the pitch fork to make easier viewing of price action
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Hi TF's 45m and higher and back to journal entries for taxes:
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We are currently trying to break out of that wedge or triangle I drew with two blue arrows. It seems to be going up "naturally" "organic." hehe... ; )
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BTCUSD dropped...
So, XMRBTC should go up if XMRUSD remains the same:
So, XMRBTC should go up if XMRUSD remains the same:
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XMRUSD going down currently. It COULD follow XMRBTC and go back up. IF not, XMRBTC should remain the same while BTCUSD and XMRUSD both go down.
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While I was adding that previous update XMRUSD went up a bit and changed to indicate upside across all Lower TF's at present: hehe
It must be following XMRBTC instead of the reverse.
It must be following XMRBTC instead of the reverse.
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I've been doing journal entries. Definitely looking down side
Consolidation phase folks.
Consolidation phase folks.
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May be back in business...
We'll see how it plays out. Posting these for further review later on:
We'll see how it plays out. Posting these for further review later on:
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XMRUSD: Short TF's:
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XMRUSD High TF's:
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Update on XMRBTC NOT USD Higher TF"s:
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And lower TF's THEN I'm chilling with XMR for a while.
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Update on XMR. Should have posted this last night before sleeping in this publication. I did in the troll box but forgot to post on here. Sorry folks:
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Those notes (text bubbles) were placed on the chart when I told traders to buy it cheap while they still can.
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Simply showing you how I'm currently Watching this unfold:
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Ignore the magenta and blue lines within Godmode. Those were created on a single chart in a higher TF:
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Yep, that' the 1m, 3m, 7m, 10m, 12m, 15m, 20m, 25m TF's
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The difference 2.5 minutes can make:
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another 1.5 minutes:
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Will the blue line turn Up?
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To indicate PRESSURE is up
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3m still needs to come up for the 7m to not result in down... Time will tell.
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Be careful of a bear trap
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Or we can say, "Be careful of a short trap."
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Someone may have just sold MORE than what they can actually buy back at a lower price. Have to pay attention to the liquidity inside the buy and sell order books.
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I'm referring to the 1m dip wick down:
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All I got to say is this,
If you're thinking of shorting here, you BETTER make sure enough liquidity is there in the oder books before doing so...
That's IF you are planning on buying back in cheaper.
A big sell wall of 1,534 XMR currently. However, it can be taken off at the blink of an eye. You have to hope orders fill in where you dumped it to instead of that sell wall being taken down and a whale is able to drive it upside CHEAPLY to squeeze you out of your short.
Just saying...
If you're thinking of shorting here, you BETTER make sure enough liquidity is there in the oder books before doing so...
That's IF you are planning on buying back in cheaper.
A big sell wall of 1,534 XMR currently. However, it can be taken off at the blink of an eye. You have to hope orders fill in where you dumped it to instead of that sell wall being taken down and a whale is able to drive it upside CHEAPLY to squeeze you out of your short.
Just saying...
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And that's probably what just happened:
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I'm looking at the 1m TF in the top left corner.
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I still believe shorts were squeezed even though i changed the note on the 7m TF;
the 3m TF is showing up; so the 7m TF may come up shortly.
the 3m TF is showing up; so the 7m TF may come up shortly.
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Had to adjust everything. The candles were going up and out of some of the charts:
Not complaining. That's a good problem to have. ; )
Not complaining. That's a good problem to have. ; )
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A lot of sell pressure in the order books currently. Waiting to see if the bull rages on:
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If you see a change in a color on a text bubble, that means it was EDITED.
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The BLUE line is your LSMA - Least Squares Moving Average
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It's input should be at 32 for ALL TF's.
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I've also taught... Be careful about making flat statements. A buddy of mine and I agree it's the best for all TF's.
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I like mine "short" and spicy. ; )
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I don't post my short until I've executed it and 1.5 minutes has passed.
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SO far so good. Added approximately 65 XMR to the collection on that on: ; )
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It came up just a little above a PS line in dotted blue:
I will be very very busy on taxes today and tomorrow. So, very little will be heard from me today like yesterday not much was heard from me. Got to get taxes done.
Cheers and Happy Trading,
David
PS - I'm NOT being arrogant or act like a know it all in the least, as some have suggested in other traders publications. I'm simply trying to help others. That's all... Simply trying to help the TV community. However, I'm going to STOP writing in other publications written by other traders of what I've found to be eye opening in regards to this indicator and the inputs I've set it for in the formatting.
Don't get me wrong, I like the other traders I follow, "TomHall, Alexander_Niken, pardis, Blue, EXCAVO, etc... Great guys and fun to follow." However, I honestly feel I have found a method they can use in their TA to help them become more accurate in their forecasts brought about with their TA. Just saying....