Example of Conditions for Starting Trading


Hello, traders.

If you "Follow", you can always get new information quickly.

Please also click "Boost".

Have a nice day today.

-------------------------------------

I will publish in advance due to an external schedule tomorrow.

Accordingly, I will take time to provide additional explanations on the ideas published today.

----------------------------------------

快照
I will talk about the basis for indicating the direction of progress shown in the chart above.

In order to differentiate from other people's analyses, I am trying to explain the basis for indicating the support and resistance points or sections on the chart.

I think that if you understand why those points and sections were set, you will eventually be able to understand them without having to read the explanation all the way through.

For this, more support and resistance points are needed.

This is because we can select the volatility period by additionally drawing the trend line.

However, since all of these processes are displayed on the chart, there are many complaints that the chart is messy and confusing, so we are trying to reduce them as much as possible.

Therefore, there are cases where the chart is displayed in two versions.

The chart below is a chart that shows many support and resistance points and draws a trend line to select the volatility period.

快照

Therefore, since the support and resistance points may be displayed differently, it is recommended that you refer to the points or sections that I have written.

-
The conditions for starting a transaction are simpler than they look.

However, when these conditions are met, the support and resistance points drawn on the 1M, 1W, and 1D charts must be displayed.

Therefore, even if the conditions for starting a transaction are met, if the support and resistance points are not displayed at the corresponding price, you cannot start a transaction.

Please read this carefully and thank you.

-
(It would be good to see this as an example of how to find the conditions that fit you and how to utilize them.)

快照
Conditions for starting a transaction are
1. Buying time conditions
- When the StochRSI indicator rises in the oversold range and maintains the state of StochRSI > StochRSI EMA
- When the BW indicator forms a horizontal line at the lowest point (0)
- When the OBV indicator rises below the 0 point
- When the DMI indicator rises below the 0 point

2. Selling time conditions
- When the StochRSI indicator falls in the overbought range and maintains the state of StochRSI < StochRSI EMA
- When the BW indicator forms a horizontal line at the highest point (100)
- When the OBV indicator falls above the 0 point
- When the DMI indicator falls above the 0 point

When the above conditions are met, check whether there is support at the support and resistance points drawn near the price. Confirmation is used to proceed with the transaction.

The current price position is 60672.0-61099.25.

Therefore, you can proceed with the transaction depending on whether there is support in this section.

Since it is currently falling below 60672.0, there is nothing you can do in spot trading other than cutting losses.

In futures trading, you can enter with a sell (SHORT) position.

-
It is rare for all the conditions for starting a transaction mentioned above to be met.

Therefore, it is recommended to basically check whether the BW indicator forms a horizontal line at the lowest point (0) or highest point (100), and then proceed with the transaction by checking the movement of the StochRSI indicator.

Also, it is recommended to select a split sell section to make a profit by calculating the fluctuation range while checking the strength of the rise or fall with OBV and DMI.

-
In summary of the above,
Since the StochRSI indicator has not yet risen from the oversold zone and StochRSI < StochRSI EMA, it is recommended to check whether a reversal is occurring.

Also, you should check whether the BW indicator has fallen to the lowest point (0) and formed a horizontal line.

If the OBV and DMI indicators rise below the 0 point without meeting these conditions, you should proceed with an aggressive purchase (a transaction that requires a quick response similar to scalping or day trading).

If you do not proceed with an aggressive purchase, you should wait.

-
It is not a good idea to enter a current sell (SHORT) position in futures trading.

However, if you proceed with an aggressive transaction (scalping or day trading), you can start trading.

The reason why it is not a good condition for trading is because the price is located in the 1. purchase timing condition section among the conditions for starting a transaction mentioned above.

Therefore, the profit is small or you may even suffer a loss.

-
If you are not currently trading, I think the section where you should trade is when it rises around 61K.

Before that, it is highly likely that you will not be able to purchase because it seems like it will fall further.

I think this point, or the section where you actually trade, is the psychological volume profile section.

This psychological volume profile section is the section where psychology applies that you must trade even now.

Since this point is ultimately a low or high point, it is a section where you are likely to incur losses if you purchase.

The 61K section that I mentioned earlier is a section where it is highly likely to be a low point, so it is a section where you are likely to incur losses if you cut your loss or enter a sell (SHORT) position.

-
If it shows resistance near 60672.0, there is a possibility that a sharp decline will occur momentarily and touch 59K and then rise.

This phenomenon can be a fake or a sweep movement, so you need to be careful.

In order to avoid losses from this phenomenon, auxiliary indicators are necessary.

Since auxiliary indicators are lagging, they are unlikely to show large movements in sudden price fluctuations.

-
What I am talking about is not a method of chart analysis, but an example of how to set a standard for trading.

Therefore, I hope you do not misunderstand the above as about chart analysis.

Since chart analysis and trading are different, what you see on the chart is also different.

In order to complement this difference, what is needed is the support and resistance points drawn on the 1M, 1W, and 1D charts.

Since charts without support and resistance points are likely to be for chart analysis, there is no need to try to find a trading point on these charts.

-
Have a good time.
Thank you.

--------------------------------------------------

- ​​Big picture
快照
It is expected that the real uptrend will start after rising above 29K.

The section expected to be touched in the next bull market is 81K-95K.

#BTCUSD 12M
快照
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points.

We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.

#BTCUSD 1M
快照
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

-----------------
評論
#BTCUSDT.P
快照
快照
Based on the area around 60651.2, OBV is showing an upward and downward pattern.

Accordingly, if it receives support, it is likely to rise.

However, the StochRSI indicator must turn upward in the oversold zone or fall below 50.

Also, the BW indicator must maintain the current level.

If not, BTC may pretend to rise and then fall further.
評論
Whether to proceed with an aggressive buy or wait for the movement corresponding to the buy period should be chosen according to your investment style.

If you are not familiar with scalping or day trading, I recommend waiting.
評論
#NAS100USD
快照
The area around 19582.6 is an important support and resistance area.

If the price holds around that area or above, it is expected to move higher above 20313.8.
Beyond Technical AnalysisDMIHA-MSTechnical IndicatorsOn Balance Volume (OBV)Stochastic RSI (STOCH RSI)supportandresitancetradingstrategyTrend Analysis

Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.

(HA-MS)
kr.tradingview.com/script/OUA6XoS6-HeikinAshi-MS-Signal-HA-MS/

(DMI+OBV)
tradingview.com/script/vWYgmHAt-DMI-OBV-Trend/
更多:

相關出版品

免責聲明