Dangerous ETH Long for a swing hughI am hoping to catch a bounce but am still in an active short. Wish KuCoin offered Hedge mode but have to use Okx for that. This is risky and I will add to my short if it does because this correction doesn't seem over as of yet. This is the new MM Matrix I am working on. Right now it is a combination of available indicators I have customized but I full intend of creating a better one. If anyone knows one or a way to get the supply of the market maker please DM me or comment. If we know what the market maker has on hand we know where the market would be headed to fill institutional orders. I am sure someone way smarter then myself has already figured this out and made something. I can get the data from one of my other software MM Balances but no way to port it in. This is more a test then anything. I think it is still going to go down from here, however the supply of the MM I believe will need to be replenished. This is all a theory, nothing more. I am experimenting basically. If someone already knows more about this please let me know as well. I am trying to learn this the best I can but don't trust many sources t provide accurate information so I have to research it all myself. This is going to be a part of a strategy one I get it working properly. Anyone wanting to assist that has more knowledge on it or is a coder please contract me as well.
Thanks for following and sorry this is probably late into the trade. Longing SOL also will try to post trade.
-Trade Experiment
Strategytesting
Banknifty range setup for 1st Aug | Expecting a retestOverall Structure : Uptrend
Index components : Neutral Correlation
FGI Sentiments : Low Risk - 81.90↑ Indian & 42↑ Global
Insider Data : Bullish , PCR: 0.90↓, IVP: 5↓, IV: 16.9↑,(Low) VIX: 16.55↓ (21/27)↓
↑Up : 37800, 38150, 38450, 37750;
↓Down : 37200, 36800, 36500, 36200;
Market Opening(*Expected): Flat to Downward
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Bnfy may move up towards 38500-40000 by the coming month after a retest up to 36800-36500. (Connect for more tips)
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:00 IST)***
Nifty range setup for 1st Aug | Expecting a retest Overall Structure : Uptrend
Index components : Bullish Neutral Correlation
FGI Sentiments : Low Risk - 81.90↑ Indian & 42↑ Global
Insider Data : Bullish, PCR: 1.26↓, IVP: 20↓, IV: 14.1↓, VIX: 16.55↓ (21/27)↓
↑Up : 17240, 17330, 17440. 17550, 17650.
↓Down : 17050, 16930, 16830, 16750, 16650.
Market Opening(*Expected): Gapup to Downward
Activity : Short Buildup/Short Covering (rebalancing),
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Nifty may move up towards 17500-17700 by the coming month after a retest. (Connect for more tips)
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:00 IST)***
GBP/USD short as DXY will pump*Analysis*
GBP/USD is currently testing resistance level so we are looking for short opportunities as the Dollar continues to strengthen.
And just at this time, the DXY is about to spike up and serve us as an entry signal.
*Trade*
Possible 1:7 RR but I would suggest closing part of the position after hitting 2/3 R and moving the SL to BE
Check out my other trading ideas in the profile.
Nifty range setup for 22nd July | A Retest Expecting for upmoveOverall Structure : Sideway
Index components : Bullish Neutral Correlation
FGI Sentiments : Low Risk - 76.30↑ Indian & 41↑ Global
Insider Data : Bullish Neutral, PCR: 1.33↓, IVP: 32↓, IV: 15.4↓, VIX: 16.85↑ (23/29)↓
↑Up : 16650, 16700, 16800. 16900, 17000.
↓Down : 16500, 16425, 16350, 16300, 16200.
Market Opening(*Expected): Gapdown to up
Activity : Short Buildup/Short Covering (rebalancing), Nifty may move up towards 17000-17500 by coming month.
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, Employment risks, GST Rate Hikes.
Conclusion: Avail on Request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@23:00 IST)***
Forward Testing: 'Horizon" trading strategy! Short
This strategy is hard to post because it's market specific and relies on high resolution charts like the 5 and 10-minute. That said, Horizon has been able to turn well over a 150% profit in just 3 months trading EUR/USD . Risk is just 2% of account balance and the max draw down is just under 9%! Growth is very consistent! This strategy is currently in short @ 1.024. Stop loss is set at 23 pips , but this strategy only evaluates stops after the close of the candle. This method actually allows Horizon to run tighter stops, but exposes the strategy to disproportionate losses. On average though this strategy still maintains a solid 3:1 RR and a win rate just shy of 60% . I'll be really pleased if this continues into the next few months of forward testing.
I included a screenshot of the strategy tester data and uploaded it below. The numbers look promising.
ibb.co
Nifty range setup for 21st July | Consolidation/Retest ExpectingOverall Structure : Sideway
Index components : Bullish Neutral Correlation
FGI Sentiments : Low Risk - 75.40↓ Indian & 40↑ Global
Insider Data : Bullish Neutral, PCR: 1.39↑, IVP: 42↑, IV: 16.4↑, VIX: 16.82↓ (24/30)↓
↑Up : 16600, 16700, 16780. 16850, 16900.
↓Down : 16450, 16350, 16250, 16150, 16000.
Market Opening(*Expected): Flat Consolidation
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks, GST Rate Hikes.
Conclusion: Nifty may move up towards 17000-17500 by coming month.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:00 IST)***
Nifty range setup for 20th July | Required Trend ContinuationOverall Structure : Breakout
Index components : Bullish Correlation
FGI Sentiments : Low Risk - 77.85↑ Indian & 33↑ Global
Insider Data : Bullish, PCR: 1.36↓, IVP: 38↓, IV: 16.0↓, VIX: 17.30↑ (24/30)↓
↑Up : 16400, 16450, 16500. 16550, 16650.
↓Down : 16250, 16200, 16150, 16100, 16000.
Market Opening(*Expected): Gapup to Downward
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks, GST Hikes.
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:00 IST)***
Nifty range setup for 19th July | Follow the Impulsive StructureOverall Structure : Breakout
Index components : Bullish Correlation
FGI Sentiments : Low Risk - 76.06↑ Indian & 30↑ Global
Insider Data : Bullish Neutral, PCR: 1.38↑, IVP: 39↓, IV: 16.0↓, VIX: 17.16↓(24/30)↓
↑Up : 16350, 16400, 16450, 16500. 16550, 16600.
↓Down : 16220, 16150, 16050, 16000, 15950, 15900.
Market Opening(*Expected): Flat-Doji day
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks,
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@22:00 IST)***
Nifty range setup for 18th July | Follow the structural baseOverall Structure : Neutral
Index components : Volatile Correlation
FGI Sentiments : Neutral - 64.16↑ Indian & 27↑ Global
Insider Data : Bullish Neutral, PCR: 1.11↑, IVP: 39↓, IV: 16.0↓, VIX: 17.60↓(24/30)↓
↑Up : 16050, 16130, 16180, 16220. 16260.
↓Down : 16000, 15950, 15850, 15800, 15750.
Market Opening(*Expected): Gapup Neutral
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks,
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:00 IST)***
Nifty range setup for 15th July | Follow the structural baseOverall Structure : Bearish Neutral
Index components : Negative Correlation
FGI Sentiments : Bearish Neutral - 62.45↓ Indian & 22↓ Global
Insider Data : Bearish, PCR: 0.86↓, IVP: 43↓, IV: 16.5↓, VIX: 18.34↓(27/34)↑
↑Up : 16000, 16050, 16120, 16170, 16250. 16300.
↓Down : 15900, 15850, 15800, 15750, 15700, 15650.
Market Opening(*Expected): Flat to Up
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@23:00 IST)***
Nifty range setup for 14th July | Retesting for a impulsive moveOverall Structure : Bearish Neutral
Index components : Negative Correlation
FGI Sentiments : Neutral - 69.52↓ Indian & 24↓ Global
Insider Data : Bearish, PCR: 0.60↓, IVP: 82↑, IV: 23.7↑, VIX: 18.52↓(27/33)↑
↑Up : 16030, 16100, 16150, 16200, 16300.
↓Down : 15900, 15850, 15800, 15750, 15700.
Market Opening(*Expected): Gapdown to Upward
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment risks
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@23:30 IST)***
Nifty range setup for 13th July | Range holds for TurnupOverall Structure : Range
Index components : Neutral correlation
FGI Sentiments : Neutral - 76.05↓ Indian & 27↓ Global
Insider Data : Bearish, PCR: 0.67↓, IVP: 68↑, IV: 20.3↑, VIX: 18.54↑ (26/33)↑
↑Up : 16150, 16200, 16270, 16350, 16400.
↓Down : 16000, 15950, 15900, 15850, 15800.
Market Opening(*Expected): Up to Downward
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment cost hike
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@23:30 IST)***
Nifty range setup for 12th July | Range holds for TurnupOverall Structure : Range
Index components : Neutral correlation
FGI Sentiments : Bullish - 76.62↑ Indian & 28↓ Global
Insider Data : Partial Bullish, PCR: 1.14↑, IVP: 63↑, IV: 18.8↓, VIX: 18.36↓ (26/32)↑
↑Up : 16300, 16350, 16400, 16450, 16500.
↓Down : 16150, 16100, 16000, 15925, 15850.
Market Opening(*Expected): Flat
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, political election scenario, Employment cost hike
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@23:30 IST)***
Banknifty range setup for 11th July | Pullback to Retest Overall Structure : Uptrend/ Bullish range
Index components : Bullish Neutral correlation
FGI Sentiments : Bullish - 68.63↑ Indian & 30↑ Global
Insider Data : Neutral, PCR: 1.05↓, IVP: 19↓, IV: 19.2↓, VIX: 18. 40 (24/31)↓
↑Up : 35430, 35660, 35950, 36220.
↓Down : 34900, 34660, 34440, 34200.
Market Opening(*Expected): Flat
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, and political election scenario.
Conclusion: Market may fall to retest at a key level.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@22:30 IST)***
Nifty range setup for 11th July | Pullback to Retest at keylevelOverall Structure : Uptrend/ Bullish range
Index components : Bullish Neutral correlation
FGI Sentiments : Bullish - 68.63↑ Indian & 30↑ Global
Insider Data : Neutral, PCR: 1.09↓, IVP: 40↓, IV: 15.9↓, VIX: 18.40(24/31)↓
↑Up : 16300, 16350, 16400, 16450, 16500.
↓Down : 16150, 16100, 16000, 15925, 15850.
Market Opening(*Expected): Flat
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, and political election scenario.
Conclusion: Market may fall to retest at a key level.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@22:30 IST)***
Nifty range setup for 8th July | Turned for an Impulsive moveOverall Structure : Uptrend/Bullish range
Index components : Neutral correlation
FGI Sentiments : Bullish - 63.54↑ Indian & 28↑ Global
Insider Data : Bullish, PCR: 1.23↓, IVP: 51↓, IV: 17↓, VIX: 19.20(26/32)↓
↑Up : 16200, 16250, 16300, 16350, 16450.
↓Down : 16050, 16000, 15920, 15850, 15750.
Market Opening(*Expected): Gap up
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, and political election scenario.
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:30 IST)***
Nifty range setup for 7th July | Follow the structural moveOverall Structure : Uptrend/Partial bullish
Index components : Neutral correlation
FGI Sentiments : Neutral - 56.41↑ Indian & 24↑ Global
Insider Data : Bullish, PCR: 1.25↑, IVP: 78↑, IV: 22↑ High, VIX: 20.26(27/34)↓
↑Up : 16030, 16140, 16200, 16270, 16370.
↓Down : 15900, 15800, 15750, 15700, 15630, 15550.
Market Opening(*Expected): Gapup to down/Flat to up
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines, and political election scenario.
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@22:30 IST)***
Nifty range setup for 6th July | Follow the structural base Overall Structure : Neutral - Pump & Dump Structure
Index components : Neutral correlation, Top-Down approach
FGI Sentiments : Neutral - 53.89↑ Indian & 22↓ Global
Insider Data : Bearish Neutral, PCR: 0.79↓, IVP: 69↓, IV: 20.8↑ High, VIX: 20.78↓(28/36↑)
↑Up : 15900, 15960, 16010, 16080, 16170.
↓Down : 15700, 15630, 15560, 15460, 15380.
Market Opening : Gapdown (Expected*)
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines scenario. (cut-off at debt auction)
Conclusion: Avail on request.
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with strong confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@21:30 IST)***
Nifty range setup for 5th July | Seeks a Corrective moveOverall Structure : Neutral
Index components : Neutral correlation
FGI Sentiments : Neutral - 50.93↑ Indian & 24↑ Global
Insider Data : Neutral, PCR: 1.10↑, IVP: 70↑, IV: 20.8↑ High, VIX: 20.97(27/34)↓
↑Up : 15900, 15960, 16010, 16080, 16170.
↓Down : 15750, 15670, 15610, 15510, 15420.
Market Opening : Gapdown (Expected*)
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines scenario.
Conclusion: N/A
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with a confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@20:30 IST)***
Correction for NZDCHFEven though CHF is very strong in general but it's showing weakness. Inflation rate in NZD is also very high, New Zealand's central bank is going to increase the interest rate at least 50bp more. Downtrend but we can expect correction with enough profit.
Buy
SL: 0.587
Target 1: 0.618
Target 2: 0.632
Thank you and please leave your comments here if there is anything that i need to improve.
Nifty range setup for 4th July | High volatility for p-inflationOverall Structure : Neutral
Index components : Neutral correlation
FGI Sentiments : Neutral - 46.82↑ Indian & 24↑ Global
Insider Data : Neutral, PCR: 1.07↑, IVP: 66↓, IV: 19.1↓ High, VIX: 21.25(26/34)↓
↑Up : 15850, 15920, 16010, 16080, 16170.
↓Down : 15700, 15630, 15570, 15510, 15450.
Market Opening : Flat/Partial gap (Expected*)
Activity : Short Buildup/Short Covering (rebalancing)
Factor Impacts: High Inflation and Interest rate hikes, Operating margin declines scenario
Conclusion: N/A
~~~~~~~~~~~~~~~~~~~~~~~~~
***Note: Identify the B/S zone, Follow the trend direction with a confirmation.
Nothing works 100% of the market. It depends on 50% weightage of technical chart, 25% to OI, and 25% to FII data.
We rigorously tested the strategy and is 88.6% accurate. This strategy is for knowledge point of view only & is subjected to market risk.
(Data source@20:30 IST)***