Two Support setups in the last couple of days :

The DIBS Method... No Free Lunch continues

Intraday and swing here as I trade the same setup across all time frames ( but 1 min ) and many instruments: 2 min to Daily , sometimes even Weekly and Monthly if swap is in my favour . Less instruments intraday , more instruments for swing. One ...

Intraday or Swing? Need your opinion

I do . Both great setups you took , guys .

The DIBS Method... No Free Lunch continues

I think it's heading for 50 k or even 32 k . Both strong areas and 32 k is also at 85 % ret of the last up move . Sooner or later .

Bitcoin (BTCUSD)

I wouldn't bother about the few ticks below the IB , as I wouldn't sell it . An overall pic told me it was likely to go higher than lower . False break below 24.000 - ish area with BUOB ( Bullish Outside bar ) . It didn't have a very good close , ...

The DIBS Method... No Free Lunch continues

For a bullish setup : The cone bar ( or candle ) is a bar that has the lowest high and is in the middle of 3 bar confirmation of the cone itself . Although I showed it on the pics , not sure if I mentioned that every cone is actually at least 3 bar ...

C W 13 Method

Ok, one more post . I meant to post it earlier , but kept forgetting . Here's how Monthly Inside bar can be used with long term investment on BITCOIN . Have you ever noticed ? : Bitcoin price long term tends to make 80 - 85 % retracement . It ...

The DIBS Method... No Free Lunch continues

Also , not sure if you have noticed : Bitcoin price long term tends to make 80 - 85 % retracement . It already happened in 2014 ( 85 % ), 2019 ( 85 % ) and 2023 ( 80 % ) . See the charts below . What is also interested , a long term investment buy ...

Bitcoin (BTCUSD)

It would be great to see double low retesting 74.000 . Then pullback higher , retest of 89.000 . Two same lows tend to attract price so subsequent break below 74.000 could be expected . On Monthly it looks like it might close below short term ema ( ...

Bitcoin (BTCUSD)

But sometimes an order with a better entry would be missed. First setup with 3 bar wave , IB as a cone bar . Ok , enough from me . I think I gave some of you an idea how to trade this stress free method . All the best and trade well . 99

C W 13 Method

Examples . EDIT : A buy limit order is placed and is valid until price crosses 110 % of the wave ( not till 110 % is reached ) . Anything up to 110 % is ok .

C W 13 Method

An example of a setup that worked and hit a full TP , although it was not a valid one . Nice cone area , but the pullback only touched 13 ema . For best results , 13 ema shouldn't be on the other side of 0.35 . In this case it should be below 117333 ...

C W 13 Method

BITCOIN trade I took on 12 hr . TP hit to the pip . An important part was the break above the PPZ , the price pivot zone . Combined support and resistance . The wave 1 consisted of 3 bars , as the middle bar was an Inside bar ( also the cone bar ). ...

C W 13 Method

Exactly why we need to see an overall picture . Here Weekly BITCOIN in pre Breakout . Knowing where the market is could get us into a monster trade . Instead of placing the rules - based 90 % TP , we could trail while in a breakout with TP much ...

C W 13 Method

Two recent trades on Weekly BITCOIN . Both have reached its profit within 2 - 3 weeks and with no overnight swap , at least with my brokers .

C W 13 Method

I showed you the mechanical part , which is around 70 - 80 % of the method , but the discretionary part has to be taken into account as well . What the market is telling us ? What is an overall picture? Is it in say pre - breakout or already in ...

C W 13 Method

The summary and rules for a buy limit order : 1, Wave 1 is identified with the use of a cone and 13 ema . 13 ema has to be within the wave , not just touching it . For best results it should be above stop loss level . 2, Wave 1 has to close above or ...

C W 13 Method

TP is placed at 90 % of the wave 1 ( max 3 bars of the move ) ONLY after buy limit order got triggered AND high of the wave one was broken to the upside . TP was then hit for 2.56 R .

C W 13 Method

Here with a buy limit order that was triggered .

C W 13 Method

FIBBS Now we need to determine our exact entry , stop loss and TP . For this we will use fibbs , rather fibbs drawing tool . The values used are 0.65 for Entry , 0.35 for Stop loss and 0.9 for TP . I say ,, fibbs drawing tool ,, , rather than fibbs ...

C W 13 Method