ILegendd's Posts
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Lecture 4 WEEKLY BUY WITH PPSignal In our second lecture, we spoke about when to sell on the 1-week and 1-month timeframes, but not when to buy on the 1-week timeframe. So, we’ll briefly brush over that here. In this one, we’ll remove the Golden Cross indicator and replace it with an indicator called “Ppsignal Smoothed Heiken Ashi Candles and Keltner Channel” by Ppsignal101. Why? We are after the red and green background changes and the white line. Ignore the Heiken Ashi candle in between — we don’t need it. There are only two times to buy — plus one bonus, making it three in total. However, if you buy on that bonus setup, you’ll need to sell early (i.e., the following week or two). For the other two buy setups, you can ride the show to the top. The 3 Rules to Obey Are: 1. You must buy inside the red background. 2. When weekly yellow or red volume prints. 3. When the price touches the white line. At least two out of these three must be true before you buy. Otherwise, it’s a wrong entry. This is best used in a bull market — it still works in a bear market, but you must opt out early during the bear, while in a bull market, you can let it ride until the background turns green and you're ready to sell. As for the bonus buy I mentioned — it’s when red or yellow volume did not print (or maybe they did), during an uptrend that resurrected from a long consolidation. Then the price dumps sharply and touches the white line inside either background (especially green). That’s a buy — but be watchful of a potential lower price. In most cases, the uptrend continues. This is the only exception that violates the 3 rules above. I’ll show you pictorial examples for all of them, rated by score: 1/3, 2/3, and 3/3. We only experience buying opportunities 2-4 times per year using this method, so, the first or second opportunity matter the most. By the way, all these posts I make are more of a personal open diary that’ll be deleted in the future when it’s time to turn them into books, so don't panic. Don't forget, you must use Bitstamp on Tradingview to get the accurate result. Getting the images ready. About 13 of them.
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XaToXi:Oh, it's you. Thanks. I'll check their channel. Though, my Yellow Top Strategy agrees with them, but another of my strategy is waiting for October 20th to finally decide if it'll be that October, November or December. And the guy go dey charge money for that group o (or have a VIP version) for simple info like that, but I dey here dey receive insult and being looked at as insane ontop free info wey I dey happily give o. It's sad I hate the stress of managing groups or even being an admin. Me wey go stay months without opening WhatsApp or Telegram even when I see notifications.
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Someone once posted a Telegram group that said the top for this cycle happened in 2024. Please, who remembers the group? I want to join to see if I can dig out their method. I might learn something new. |
GRACEGLORY:And I'm waiting for red vulture. ![]()
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The yellow top candle is only valid when it happens anywhere from Sept of Relax year to December of Sell year. Those that print outside this range are void. I have been in long, but I'm still waiting for the red vulture. Every year, since BTC started trading, it happened at least 1 time per year, but this year, nothing yet, so I'm expecting at least 2 before December. Luck is when preparedness meets opportunity. The market rewards a diligent specialist.
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Reminder on Yellow Top. Last time I posted it, this thread was full of chaos, now that the coast is clear, I'll redo the visual. Pay attention to the 3 arrows in each image. The first arrow is pointing when the yellow printed. The second is pointing 2.1 months later sell date and the third at the top is pointing the price whoever used this approach would've sold. In 4 cycles, the Yellow Top strategy was accurate 100/100. What are you thinking? For me, I'm thinking what you're thinking, but I strongly believe there is more upside (cuz of Global M2 uptrend) even though we might print a red vulture candle first before it'll happen. This year, we haven't printed any. The best red vulture is when it scores a rating of 3/3, not 2/3. It happened in trade zone, touched 200 MA and printed red. Using this system, you'll always sell at the yellow top, which in most cases, were the top or almost the top for all the previous seasons. But I refuse to believe it'll work this year, even though I deep down know it has already worked. Global M2 uptrend is my hopium. Now, take your time on each image below and focus on those arrows to see what I'm talking about.
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This is the video I watched years ago and got inspired to explore that VSA indicator and didn't regret it. Posted 5 years go, but the info is forever valid. It's a three part video of less that 22 minutes. https://www.youtube.com/watch?v=_wZQR3vTzwo?si=Fn3MSLhZI0HWcpF7 |
Now, zoom that picture above and you'll see how the red vulture happened. And it was a score of 2/3. 1. Price went down inside free trade zone 2. Red vulture candle printed 3. Sadly, it didn't touch 200 MA, so the ranking is 2/3 and it was still the best buying day of year 2017. Why didn't I buy in those first three reds? Because they didn't print inside free trade zone. Simple. Don't joke with this strategy even though the name is funny. If you want me to post images of all the time in each year the red vulture happened, let me know. Anything you buy after RV has printed, you'll NEVER be scared of further dump. The worst that can happen after is 5k or 7k fake out, some consolidations, then up it goes and never looks back to that price again till another bear market. |
"The Red Vulture" — A Crypto Trading TaleThe end of Red Vulture
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Just wait for me. I'm coming to share a secret that'll make even haters say "Thank you boss." It's a story about a red vulture, but it relates to trading. My madness has started, but you'll be glad I'm mad. Click the like button to show interest to motivate me to type it. I'm kinda lazy sometimes.
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maybet081: Don't start o. He'll abuse you and your lineage and he's less than 20 years old too. If Tinubu's hardship is not affecting you, it's affecting millions of Nigerians and spreading the anger and frustration on innocent people is the only solution left. So, he has the right to abuse me (my uncle was the wicked INEC president), but I don't want him to transfer it to you guys on this thread. |
Emmizay12:I appreciate your opinion. Keep up the good work. |
Adasun:That's how conversations go when two people don't see each other as a threat, but colleagues in the pursuit of wisdom and growth. |
Recap
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twosquare:Yeah, I'll go with the Geegpay. Though, I'll create and verify an account with all of them. Years later, I'll open another Wise and even Payoneer to see if they'll know the prodigal son is back. |
Wise has banned my more than 4 years account, citing crypto transaction. I caused it sha. I too like that app, but I don't really care anymore. To be a man, you must be used to pains. Even my Payoneer was banned years ago cuz of crypto too. So, which should I use for normal receiving of USD? My research showed me these 5. Grey 4. Geegpay I think I might like this one. 3. Cleva 2. Remitly 1. OFX Though, I called my friend in Europe just now and he promised to create a Zenmo account for me (abi wetin be the same self) and it supports crypto. I don't think they allow Nigerians living in Nigeria to have an account with them. I wish we're as independent as China. All these payment companies just love frustrating Africans that are making legit money online. It's fine, I'll face my agro world and keep my monthly payment on hold. It's even an opportunity to save lots of money and withdraw all at once few months or years later.
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Anything you do that'll not generate your children or people you left behind money, something tangible to brag about, safety and hope when you're gone, is a waste of time. My father was a graduate. Is that something to brag about? Is it tangible for survival? What did he build or create with the knowledge he got from that school? Oh, the salary they used to pay him after he submitted his CV and passed the interview? Wow! I won't say much neither will I discourage anyone. |
THE DAILY GOLDEN AND DEATH CROSS STRATEGY PRACTICALStudy each image carefully and read the texts on them and you'll see the ones with 1/3 rating are not good buys but 2/3 and 3/3 are.
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No industry can be saturated once you're innovative and financially more capable now than your past. |
The Daily Cross Strategy (Golden Cross and Death Cross Secret) Main indicator: Golden/Death Cross Highlighter by Dripvesting Helper Indicator: Volume Spread for VSA Custom by Theehoganator App: Bitstamp exchange on Tradingview ONLY! Timeframe: 1 day Those are the two indicators you need for this strategy. You'll thank yourself for reading this post. If you're new, you may not understand it at first read, so reread and as questions. Initially, for the main indicator, I was using Golden Cross and Death Cross with Probability by FinnoVent, but switched to the new one by Dripvesting. Why? The new one gives me space, which I call free trading zone while the previous one doesn't provide that blank trading zone/area. I'll give you pictorial representation later. BRIEF INFO ABOUT GOLD AND DEATH CROSS The Death Cross refers to a technical analysis signal that occurs when the 50-day moving average (blue line), crosses below the 200-day moving average (red line). Death Cross is generally interpreted as a bearish sign, suggesting a potential long-term trend reversal to the downside. But if it happens in at the beginning of middle of a bull market, it automatically invalidates the bearish nature. It's only at the end of the bull season that it signifies the bull it signifies game over. For Golden Cross, it's the opposite. It's when the 50-day MA (blue line) that was below 200-day MA (red line) finally moves back up. It signifies uptrend. Death Cross only happens 1-3 times max in a full bull market (excluding the buy-more year of the previous cycle) and the 3rd one leads us to the bear market territory and that is it for the cycle. (Referring to Relax, Sell and early months of Buy-year as bull market. I hope you understand). I hope you don't confuse Buy-year and Buy-more year. In April 2025, as I type this, we're witnessing the 2nd DC and after this one, we have 1 left (to happen in 2026) before the final crash. But what if this time is different and we stopped at this 2nd DC? You never can tell. 2012 to 2015 cycle 1, it happened only once and it was in April 2014 (Buy year) and that was the end for the cycle. 2016 to 2019 cycle 2, it happened only once too and it was in April, 2018 (Buy year) and that was also the end for the cycle. 2020 to 2023 cycle 3, it happened 3 times and the 3rd one was in January, 2022 (Buy year), but fully started real dumping in April, 2022 and that was the end for the cycle as well. Did you notice something? It seems Death Cross (DC), loves April of bear market, Buy year, to fully activate its dumping prowess. 2024 to 2027 cycle 4, it has so far happened only twice in August 2024, and April 2025, which we're currently battling in this month of April. April, April, April, the fool. Why always you? Yes, we're in April, but this particular April we're in is Sell year of bull market, not yet April of bear market (Buy year) 2026. With this, there is nothing to fear except black swan and when every longs is liquidated like it did in 2020 March-April COVID crash, then the remaining 50% bull run will start the show and these liquidated people won't have money to rejoin the train. (Maybe, extension of tariff crash is coming for black swan to be actualized). It's called market manipulation and you need to get used to it or have multiple backup money for it. Luck is when preparedness meets opportunity. Note: Bear market doesn't witness golden cross (2014, 2018, 2022 and 2026-incoming). If it does, as it almost did in 2014, just know it's a fake out to give hopium to newbies and will soon collapse. Opportunity to short. Let's wrap up the theory before the practical starts. KEY POINTS: Death Cross: 50-day MA moves BELOW the 200-day MA, seen as bearish. (But not always — depending on the period of the season it happened). Golden Cross (opposite): 50-day MA crosses ABOVE the 200-day MA, seen as bullish. (Never happens in bear market. It starts happening in Buy-more year, 2011, 2015, 2019, 2023 and 2027. Those are the years Golden Cross starts for each cycle). BUY-MORE YEAR Tip: Every Buy-more year must have 1 golden cross first and later 1 death cross. The golden cross is either in Feb, March or April while the death cross is usually September or October. Take this as an important information. Note, for Buy-more year, before the golden cross happens (in Feb, March or April), the market has ALREADY PUMPED. Those that bought in Nov or Dec. of the year before (Buy year) will be in huge profit. The golden cross is just a form of celebration that we're truly and finally out of the woods and the future for this new bull run is bright, but don't forget, Amaka will always 70% disappoint with a correction (retest) to the 200 MA line most times. For the death cross (in Sept or Oct), the market has ALREADY DUMPED few weeks or days before it crossed and you needed to have bought that dip as you await a reversal (pump) with golden cross. So much theory, but it's important. If you don't understand it now, save the post and read later. End of lecture 1 (theory) THREE BUYING TIMES WITH THIS STRATEGY IN BULL RUN 1. When red dump prints in free trade zone 2. When candle retests the 200 MA with a big dump. 3. When price is lower than your previous best entry (black swan) and a red or big yellow candle printed. To be shown soon. Typing lecture 2 (practical). Click like if you understand there theory or share if you're lost.
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👠 You build patience from pains and experience. Whoever succeeds in life in everything they do at first attempt is a failure. |
"You can make money in a bull market, but people make fortunes in bear market." So, a bear market is better than a bull market since minority participate in it while majority give up or lose their money because they're scared of futures trade (shorting). A huge percentage of the ones that aren't scared end up being greedy asf. Don't forget, in crypto, Monday often reverses whatever the weekend did. And, The market rewards a specialist. |
geedot:1 day TF. Here is what the creator said: Spread is determined using the difference in open and close of the candle Volume change is determined using the ratio of change of volume to previous volume EMA 10 is used to determine the Spread and multiplied by volume change so the PRICE(ema10), Volume, Spread(close-open) are merged to one indicator. Direction changes when ever difference of VSA is positive or negative.
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geedot:By the way, I find VSA Volume Spread Analysis by Traderharikrishna to be slightly more accurate than the normal cumulative volume delta or just volume delta. I noticed you're already used to the normal delta, hence I didn't want to interrupt you or impose mine on you. I use both though. When a pump is about to happen, the one you use lets me know ahead of time, but when it's a dump, the other one I mentioned above is more active and more precise. The main thing is, they both work. It's just some minor lags.
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geedot:You're right. I watched lots of videos on exhaustion to see if the game has changed, but it's still the same, as you explained it. I just didn't want to use big terminologies in my explanation. I wanted simple lay man's English so that it'll stick. Na why people dey complain say I too dey write long paragraphs and I repeat a lot. It's just to make it memorable. When we hear something 3 times in different ways, they stick more. I appreciate you chiming in. My incoming lecture will is on 1 day timeframe with death and golden cross. Most people will love it.
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The Daily Cross Strategy (Golden Cross and Death Cross Cross) You'll be glad you read it. I'll keep it short and succinct. Straight to the point. Drop a like if you're interested so I can start typing. |
Lecture 3 The Green Candle In our two previous monthly and weekly lectures, we were focused on red and yellow top candle, but in this one, it's about paying attention to the green candle and BLUE LINE + the red cloud. This simple indicator can't be tricked or manipulated into giving false signal. So, on the weekly, pay attention when the green candle touches the blue line and goes close to kissing the red cloud. It hardly enters the red cloud, but at least, it's strikingly close. This indicator should be your number 1 volume indicator, even ahead of volume profile. Your number two should be... By the way, the red candle is institution either aggressively pumping or dumping to liquidate billions of Dollars. The yellow is whales trying to liquidate billions too. The tall green, the ones that almost touched the red cloud, are big exchanges trying to also liquidate billions. If you can be patient with these candles, you've won the game. In summary, three of them are considered institutional manipulation. Those green or blue candles that didn't touch the blue (MA) line, let alone kiss the cloud, are me and you, the broke ass retails forming jagaban. We can't move a needle in this war, so we need to monitor those institutional money so that after they've pumped and printed red, yellow or tall green, we can short or long, depending on the direction of the reversal. So, you must be patient until they're done pumping or dumping before you sell the one you bought before the pump or short after they're done wreaking havoc on early shorters or longers. It's a game of volume and patient. Supports and resistance are always broken when those guys are fighting to liquidate each other. This indicator has given you access to the movement of the big boys. Similar to the normal volume indicator, but the calculation is different and accurate.
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I have noticed people are more interested in fighting than learning. In hating than appreciating or ignoring. In finding faults where there is none. Summary: Drama is king — every other thing is boring and a distraction to the fun. It's so sad that's the life that interests most. Trying to change it, you'll become the most secretly admired, but openly hated. |
Lecture 2 WEEKLY YELLOW CANDLE First of all, Red = ultra high volume Yellow = high volume Green = average volume Blue = low volume The color doesn't consider the direction of the price, but the volume. This volume can't be manipulated by anyone, especially institutions, so it's accurate. When institutions buy or dump heavily or a black swan happens (like 2020), expect a red candle (ultrahigh volume). When they buy or dump cautiously, it's a yellow candle (high volume), but with some controllable forces. When it's just normal retail, it's green candle (average volume). When retails are not making much effort, it's a blue candle (low volume). So, it's about volume, not price direction. For the monthly, we sell after two months or 2 months and two weeks. For the weekly, we sell after 3 weeks or 3 weeks and a few days. Note, the yellow that prints before you think of selling in 3 weeks time must be a pump. If it's a dump, you don't sell cuz you're already at loss. In such a case, you'll have to check if it's worth adding more to your position, depending on market sentiment/direction. These three weeks selling time must be green candles or a mixture of green and blue. In most cases, it's 3 green candles. If a yellow pump candle prints and two greens prints after, then another yellow pump prints, the new yellow pump takes precedence. Hence, you have to wait for 3 green candles staring from the recent yellow. If it's multiple yellow pumps, then you wait till three green weeks appear. Don't forget, the yellows are high volume while the greens are average volume. For the green, it signifies there will soon be weakness in the market and blue might print in no time. For the weekly red candle, it signifies instant sell. Sell if it's a pump or instant buy if it's a dump. I don't really know if you understood me. If yes, click like and if no, ask your questions.
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Verbtips:Posted the lecture as promised. Check above. |
Smithwilliams826:Exactly. He is to me what Deeworm is to VDM. We can never be right in their eyes, yet if we drop content worth 500 pages of 50 hours, they'll consume it to find fault and they'll surely find one to use and embarrassed themselves. ![]() |
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