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Trading with Market Statistics VIII. Counter Trend Trades in Symmetric Distributions
By
jperl, in Market Profile
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Topics
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Posts
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By Stocks4life · Posted
MU Micron stock watch, pull back to 102.83 gap support area with high trade quality at https://stockconsultant.com/?MU -
By Stocks4life · Posted
ACLX Arcellx stock watch, trending at 84.6 support area with bullish indicators at https://stockconsultant.com/?ACLX -
Here’s something few are talking about: The Chinese are printing money like it's going out of style. Not that you'd hear about it in the mainstream news. But Bitcoin knows. Bitcoin always knows. Here’s the thing… When the Chinese government prints money to paper over the cracks, their smart money doesn't sit around waiting to get devalued. It usually flows into three things: Bitcoin, gold, and dollars. After years of being beaten down, gold's having one of its best years in decades. But here's the secret -- whatever gold does, Bitcoin's going to do it bigger. Much bigger. Since last November, when China started their printing spree, Bitcoin's been moving in near-perfect correlation with the People's Bank of China's balance sheet. Over 80% correlation, maybe even 90%. Again, few are talking about it. But here's why this matters right now: This could be the beginning of a huge breakout in the crypto markets. Bitcoin broke above its July high, and historically, that's led to new all-time highs over 90% of the time. The only times it failed? COVID and the 2022 bear market. That's it.” – Chris Campbell Profits from free accurate cryptos signals: https://www.predictmag.com/ -
Originally Answered: How can I compete with people who are better than me in every way? So you want to outcompete people who are smarter, better looking and more experienced than you? No problem! All you have to do is outwork them. Will Smith said, "if we both get on a treadmill either you're going to get off first or I'm going to die trying." Most people just aren't willing to work that hard. Sure, they'll show up for the job interview and maybe practice in front of the mirror for a few minutes, but they won't do hours and hours of research and prepare for weeks. They won't wake up early and stay up late working on their dreams. So while all those smart, good-looking, experienced people are waiting around for the next opportunity to come their way, you can outwork them and create your own opportunities. In a few years, you'll be that "smart" person everyone looks up to. But you'll be different. You'll know it was your hard work, your inner strength and your commitment to living a great life that made you successful and brilliant - not luck or good genes.” – Tom Corson-Knowles, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/
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@sxiqxx, Well done on making your first post a promising strategy. @everyone, post up if you want this coded into an EA. Although I switched to TradeStation, I still have an active MT5 demo with MetaEditor. I can code it without referencing object oriented programming which should be retroactively compatible with MT4. Let me know...
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