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Futuretrading

ETH Forecasting (2023-2035)Ether is going to have a triple halving and many people forget just how bullish this is for the ecosystem as a whole. The SEC has given ETH many free passes and if theyre able to escape regulation, then it will result in massive price appreciation. ETH topped out at nearly $5000 per share and with more adoption from retail, ETH should see new levels of over 5 figures per share. This would be huge for the globe because it shows the world how supply, utility, and decentralization works. I am worried about ETH and their management of gas frees. Vitalik stated in a video that the #1 Blockchain should be this expensive, I agree but where I disagree is that they're scaling so quickly while theres other chains really raising the odds at competing with ETH such as HBAR. ETH could have discussions and slander for centralization, but for this bullrun ETHER will continue to be a top 2 asset and a top mover.
CRYPTO:ETHUSDLong
by MarkBTV
Cracking the Code of Trading Success: The Power of BacktestingHello, fellow traders! Today, let's dive into the world of backtesting. But first, what exactly is backtesting, and why should you care? Backtesting stands as one of the fundamental pillars of any trading system. This process involves testing your trading strategies against historical data to determine whether they stand the test of time. Additionally, backtesting serves as a potent tool for bolstering your self-assurance in your trading capabilities. When a trader comprehends every nuance of their system and its profitability, they become resilient in the face of losing streaks, handling them with poise. Now, let's break down these variables you should consider during backtesting: • Risk-to-Reward Ratio • Win Rate (the percentage of profitable trades) • Optimal Timeframes for Strategy Execution • Assets Where Your Strategy Excels During backtesting, you have the liberty to tweak and fine-tune these variables. For instance, if you wake up in the middle of the night with an urge to test imbalances after daily highs/lows on the EURUSD pair—go ahead, conduct the test! Here's a set of rules to guide you: • Note the Previous Day High/Low (PDH/PDL) at the start of the trading day. • Wait for liquidity to be drawn from these levels. • Anticipate an impulsive break of the structure accompanied by an imbalance on the H1-M15 timeframe. • Enter based on this imbalance with a take profit target set at the nearest liquidity pool, where the Risk-to-Reward Ratio exceeds 3. • Position your stop loss behind the swing that triggered the liquidity draw. • Remember, no drawdown and reversal mean no trade. After conducting your backtest, analyzing the results, your journey is far from over. This is where you transform into a scientist, forming hypotheses: • What if you wait for a structure break on the M5 instead of the H1-M15? • What if you enter from the imbalance and set a fixed Risk-to-Reward Ratio of 4 instead of targeting the liquidity pool? • What if you place your stop not behind the swing but behind the first candle of the imbalance? In the end, you'll amass a treasure trove of data that will illuminate your path, helping you discern the best course of action in various trading situations. PDH/PDL becomes EQL/EQH, opening the door to fresh scenarios for backtesting. Yes, it's a challenging and time-consuming process. Yes, it may leave you feeling exasperated at times. But always remember your ultimate goal: you're searching for what will generate profits, seeking that elusive edge. That's precisely why I recommend selecting a handful of assets and thoroughly understanding their unique characteristics. Learn how they behave in trending markets, during ranging periods, where they tend to offer favorable entry points, and which sessions they perform best in. Dive deep into Risk-to-Reward Ratios, win rates, position sizes—the whole gamut. What works impeccably for BTC might spell losses for EUR, and vice versa. In an ideal world, focus on one instrument and trade it until you know it better than your own hand. Trading is about automation, embracing the monotony, and banishing emotions from the equation. Now, what are your thoughts? Feel free to share them in the comments!
Education
by Ingwina
Buy the deep bot. How it works?Hi, traders! Today I would like to talk about how we can accumulate our coins with algo trading. What is a Buy the deep bot? The BTD bot is your go-to tool for buying more coins at lower prices during market dips, helping you grow your coin collection and profit when the market rebounds. And now, with the newly improved BTD, starting your bot is as easy as clicking a button. Bitsgap has simplified the process for you, so all you need to do is click "start" and watch your investments work for you. It's helping you to hedge your risks and save quite a bit of money. BTD bot suits your preferences by working almost the same Grid pattern in the Spot market. Yet, it is considered Short due to better performance in a falling market, accumulating Base coins during their fall in price, moreover generating profit in Base. And this is exactly your strategy where it is pivotal to anticipate the market rebound in order to sell all earned coins later on This strategy enables you to purchase assets in smaller amounts at lower prices and then sell them all at once to close the trade at a profit. You can also explore more advanced techniques involving futures shorts or options. Interesting about this strategy? Write in the comment below what you think about it ! I always appreciate your likes and support. Let’s keep charting, traders!
Education
by Ingwina
2
Decoding the Grid Bot: My Take and Adventures!Hello, traders! We will talk about the popular strategy GRID bot. What is about Grid strategy? I am well-acquainted with grid trading. The concept involves placing orders both above and below a specific price using a "price grid" for orders. This grid consists of orders set at gradually increasing and decreasing prices. When I start to use a grid bot strategy, my goal is to increase profits and establish a consistent income flow by capitalizing on market fluctuations. By automating the process of buying when prices are low and selling when they're high, I manage to steer clear of emotional trading and enhance my overall trading efficiency. What are the best settings for it? The profit really depends on your grid settings, the volatility on the coin, and the overall price action. So there are no best settings that apply to all the coins. You will have to check the volatility of the chosen asset and select the grid size (30, 50, or 100) grid lines, depending if you want a tight or wide grid and the amount allocated to the bot. From my own experience, a grid percentage of around 0.7% seems to strike a good balance for most assets. This blend of factors plays a significant role in achieving favorable outcomes. Tips Comparing the Grid Bot strategy with a fixed amount of quote currency purchased, using the same number of grids (10), and excluding Trailing up/down features: In the wide range (SW) scenario: Advantages: Potential to secure profits with large price swings. Disadvantages: Transactions are less frequent, as higher volatility is needed for hitting the grid targets. In the narrow range (SN) scenario: Advantages: More transactions are executed, increasing the likelihood of generating frequent but smaller profits each time. Disadvantages: There's a greater chance of the price moving out of the designated range, requiring either a re-gridding or the implementation of trailing strategies to manage the situation effectively. When I engage this bot, I've crafted a quick guideline that consistently directs my usage based on the present situation: 1) Check your current market. If it’s a flat market, you can have a good trade. 2) Make a challenge to open trades with an analysis of EMA 20 3) Diversification, don’t put to one GRID all your deposit. Choose a few coins to trade with How an indicator EMA could help you in trading with the GRID bots? Well, it could give you an example, of how much range you can open your deal. For example, look at CRYPTOCAP:LTC and screenshot it: Price may gravitate to the EMA, creating liquidity that will work in the GRID bot. Looking ahead, grid bot trading's future in cryptocurrency could be influenced by trends like artificial intelligence (AI) and machine learning (ML). These technologies could help traders and exchanges improve their bot settings to match the market better. That means smarter choices and more profits. That’s a small point of my view, traders. Please, tell me about your experience with the GRID bots. I also will glad to see your likes and subscriptions!
Education
by Ingwina
2
The Significance of Trading Volume: Understanding Its ImportanceHey there, fellow traders! Today, let's dive into the fascinating world of cryptocurrency trading volume. Think of it as our market's fluctuations – a constant flow of transactions across various exchanges. The trend is your friend and the volume is your vision of trading. What's Cryptocurrency Trading Volume? Imagine this: as you sip your morning coffee, traders around the globe are already immersed in the action, making buy and sell trades that impact the trading volume. And just take a look! Now, you might be wondering, what’s going on? Well, trading volume ain't just a bunch of fancy digits. It's a sneak peek into how traders are feeling, their trades about where their prices are heading. When volume shoots up like a rocket, it usually rides alongside big price fluctuations, impacting potential trends in the market. How Does Trading Volume Affect Crypto Trading: Why Is Trading Volume Important? There are always two scenarios when we talk about a cryptocurrency: up and down. Imagine it is like this: the price is like a mirror that reflects what folks who want to buy and sell think is fair. When the number of people looking to buy is nearly the same as those wanting to sell, the price is still in the flat. This tells us that everyone has a good sense of what the price should be, creating a well-organized market. The number of people buying and selling is roughly the same. It's like having a balanced situation. But I should be honest: stability is not always the norm in the wild world of crypto. This market is moving, thanks to stuff happening outside and decisions made by all sorts of investors, from big shots to regular folks hoping to score quick gains. How much trading a specific cryptocurrency sees can change based on how exciting people find the project, when it gets added to major trading platforms, and how much buyers are willing to pay compared to sellers. So, checking out how active a cryptocurrency is in trading can give us a clue about how confident people are in its potential, which in turn can hint at how much the price might shift. Websites like Coinmarketcap check how much trading a cryptocurrency does over time and how easy it is to turn it into actual money. If trading with crypto was simple, its price didn't pump or dump hard when people buy or sell. But for less-known cryptocurrencies on smaller trading platforms, not much trading can cause the price to move fast with just a few trades. But here's the thing: that lack of trading can also mean a chance to grab it at a low price on one platform and sell it for more on another. This situation is called arbitrage. Here are a few strategies which you can use. 1) Classic arbitrage is the arbitrage between exchanges 2) Funding arbitrage is the arbitrage between exchanges that trade with futures and rais from traders a funding. 3) Futures arbitrage Futures arbitrage is called convergence arbitrage. The mechanic is that you go long on one exchange and short a futures contract on another. Let's say you believe Bitcoin's price will hit 60k dollars. On one exchange, there's a contract lagging by 5k dollars, but on the other price was without difference. When the price converges, you'll close it at 60k dollars, minus trading fees and funding costs, pocketing the profit difference. That’s how it works, traders. The new article will be about trading volume and how to use it in your trading strategy. Your subscriptions are always appreciated. Thank you!
Education
by Ingwina
MEGATRENDS Shaping the future (part 2)This is part two of what is changing the world for the future... Last time we spoke about the first 4 Megatrends. Electric Vehicles & Autonomous Driving 1. E-shopping & Drop Shipping 2. 3. AI & Machine learning 3. Online businesses The next four MEGATRENDS are... Metaverse NFTS Blockchain and Cryptos Web 3.0 Mark Zuckerberg is beyond his years as he sees the future with the Metaverse to come (VR, AR and a combination of both) IN the near future, many industries will apply the Metaverse to everyday including medical, education, entertainment, socialising, trading, meetings and even e-games and e-sports. NFTs took off and flew in the first few months as artists, musicians and celebrities took advantage of buying and selling digital products for a purpose... I know NFTs have had a bad sour taste as the prices have crashed and there is less confidence but they'll be back and stronger than ever after the bubble. WHY? Because we have the infrastructure to do so. Blockchain and Cryptos - Yes I know we are currently in a long winter with traders getting destroyed and investors losing all hope and confidence. But this is all because of fear, greed, BAD management, over confidence in sh$$t coins and low regulations. Yes we need regulations unfortunately. It will take time, but they will come back and will shape the future. Not just the coins but the technology and smart contracts to present opportunities for finance, commerce and investments. Web 3.0 the internet has evolved from not being able to post or add onto the net to being able to do so. And now with Web 3.0 where people will create their own social platforms, banking systems, games, programmes without making the fat cats rich. There'll be less intermediaries where YOU will have the true power too run and profit from. Timon MATI Trader
COINBASE:ETHUSDEducation
by Timonrosso
Short to Near 9600 btcusdtBTC Update 🥇 BTC has been on tear with the recent pump surprising us all and breaking past 11.2 after a brief period of consolidation. We do however expect a retrace to happen over the next few hours back down to 11.2 and maybe even worse 10.9. If anyone has been watching the market closely, crypto is on a bull run! However, the question on everyone's mind is, where is the top? We think Bitcoin will eventually break past 12k and perhaps even 14k, but a retrace has to happen first in our opinion. The longer we go without brief periods of retracement or consolidation, the worse it will be when it does happen. If you're bullish on Bitcoin, you want a retracement to happen, and this is the price point we think it happens before possibly breaking past the key 12k level.
Short
by saeedakbar
Bitcoin going to make some correction or will make new highs XOHello Everyone, We have seen a lot of activity of Bitcoin because it was deemed as real money by DC laws so masses purchased bitcoin and are now holding because it is digital gold (named) so my analysis is Bitcoin is in my top resistance and support area. The major resistance is at 11391 area and major support is at 9600 area but there are many internal supports that bitcoin needs to cross if it is planning to go to that area. A correction is a must after this massive pump according to supply and demand we have seen a lot of demand this week so there must be a correction. Each time when previous resistance has been tested uptrend is in a critical phase, failure to cross the previous peak or unable to bounce the near support usually means that the existing trend is changing. Now bitcoin has made a new high that is 11394 if it fails to cross that resistance then surely it will retrace the path, nearest support is at 10832 which has tried to cross 3-4 times but failed to cross it thus giving us a good support area. An individual can take a long order whenever the price retests that support if the candle on 1 hour succeeds crossing that resistance, do not go for long order if the candle is unable to cross that support and makes a wig that exactly touches or is near support wait for the next candle if next candle crosses the previous candle high I would go long there with a stop loss that will be 3% down from support. Please do examine MACD and RSI before going for long I suggest this for every order MACD and RSI plays an important role in telling us about demand and supply so that can be of great help. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Ichimoku Components - Kijun - REDLINE Tenken - BLUELINE Senkou A - Upper Border of cloud when the trend is bullish and Lower border of cloud when the trend is bearish Senkou B - Upper Border of cloud when the trend is bearish and Lower border of cloud when the trend is bullish Chikou - The green color shadow of price moving 26 period back ..................................................................................................................................................................................................................... Ichimoku also gives a great idea that is the price is still bullish there are many signs of that like Kijun and Tenken crossover that happened few hours ago and still in motion, they are parallel that means the price is consolidation but major signs are still bullish. Another sign I want to talk about is the price is still above Kijun which means bullish until and unless it crosse the Kijun and closes below as well as the Kumo cloud, Price is above Kumo cloud which means the price is bullish and has 4 supports to cross which are TENKEN, KIJUN, SENKOU A and SENKOU B. Crossover of Senkou A and Senkou B is a little bit troubling me because Senkou B is above Senkou A which indicates us of a bearish sign but still bullish signs are a lot more than bearish signs so we can say that price is in the uptrend. Chikou line has also crossed the previous price line so that also means that trend is bullish. If you have any thoughts regarding this idea or if I am wrong at any point, do tell me in comments :)
by TheTradingo
1
S&P 500 Emini Futures 1D Trend Following StrategyEmini Trend Following Strategies The Emini trend following strategy is probably the most powerful. Trend following has the potential to generate the biggest profits. One of the greatest traders of all time Jesse Livermore said that the big money is always made on the big market swings. We have identified two parameters that can be used to determine when we’re going to have a strong trading day: Strong trend trading days come after small daily range bars. Both the closing and the opening Emini prices close near the high and the low of the day. These Emini price characteristics need to be used in conjunction with other technical tools. It is a simple Emini pattern that can be used to develop a trading strategy around it. Why Trade Emini Futures? The main reason to trade the Emini strategy is to have a diversified exposure to the US stock market. While Emini futures are more suitable for day trading they offer several advantages for swing traders as well. Other reasons to trade the ES contract are: You can go both long and short. Unlike stock trading, there is no uptick rule when shorting the Emini contract. Trading around the clock 24-hours per day. This is extremely attractive as you can trade Emini futures around the world. You can also take advantage of the overnight Emini price swings. Tight bid/ask spreads. The large traded volume through the Emini contract offers cheap costs to enter and exit a trade. The SPX is traded on a centralized exchange (the CME), which often can translate into much clear technical chart pattern that is unique. As you can see the Emini futures market is very tempting as there are numerous trading opportunities. However, trading the Emini market without losing your hard-earned capital is a little bit harder. That’s why in order to increase your chances of successfully day trading Emini, we’re going to share the best Emini trading strategy. With this approach, you can build another stream of income. The only way you make money in the market is if you’re able to catch a trend. It doesn’t matter if you’re a day trader or a swing trader. In order to make a profit day trading the 5-minute time frame, you need an intraday trend to secure a profit. The best Emini trading strategy requires to hold your trades to the close. Don’t try to get in and out scalping ES futures because when you have a loss most likely it will eat all the previous profits. Instead, try to catch a trend move and hold it to the close. With this approach, you’ll make a lot more money because during the trend days the Emini contract tends to close near the high for bullish candles. The same is true for all large bearish range day, which closes near the low of the candle. Go study your Emini chart and you’ll see this repeating pattern over and over again. Some research suggests that when the Emini futures close in the top 10% of its range, it has an 80% chance of follow-through the next day Trade your trading plan to find entry, Stop Loss & Take Profit.
CME_MINI:ES1!Education
by Tradingstrategyguides