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9 contributions to Trading Accelerator
How To Determine Market Tops/Bottoms
There are a few factors that I weigh heavily to indicate cycle tops or bottoms. 1. QE or QT Basically whether the Fed is in risk-on or risk-off mode. Money printing mode or money saving mode. If you think about it in terms of your personal finances... When you are short on cashflow, what do you do? • You start saving money • And spend less • You might even sell some of your assets when you need the cash The Federal Reserve / all central banks in the world operate with the same modus operandi. When times are tough... they sell assets to create cashflow and increase interest rates so that everyone struggles to get enough cash to buy assets. All market cycles can be traced back to QE QT cycles by the fed. $BTC and crypto is no exception. Read Lords of Easy Money before the next bull run and it will guarantee you make easy money during it. 2. Bitcoin Halving Cycles For those who don't know. The Bitcoin halving is an event where the reward miners get for mining a block (excluding transaction fees) gets halved. In 2008 it was 50 BTC per block. 2012: 25 BTC 2016: 12.5 BTC 2020: 6.25 BTC 2024: 3.125 BTC It's a similar dynamic to QE QT cycles whereby it's just simple supply and demand. Low supply makes it easier for demand to move the prices. Look for the bottom for BTC to form 2-3 months before every halving event (historically speaking). 3. Interest rate cuts. This ties back into QE QT. QE = low interest rates = easy supply of money for everyone. QT = high interest rates = very expensive to borrow money for everyone so most people don't borrow money to buy assets. Interest rates for the past 20 years ish have pretty much been close to 0%. So it was freeflow money galore for anyone and everyone. If you were a bull you'd think you were a genius for buying/going long on assets. But now interest rates are at 20-year highs. As long as it remains high and the fed does not start cutting it... No reason to be a buyer now. Patience is key here. Look for the bottom to come a few months after the first rate cut.
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New comment Oct '23
2 likes • Aug '23
my copy of Lords of Easy Money arrives tomorrow
1 like • Aug '23
@Nikola Frleta That was @Sam Dell; I got the physical copy
Having problems with the backtesting
I’m starting out in Month view, turning on replay, and picking a month. I then switch to 1H and mark out some key levels. Then when I change to 15M, the play button becomes disabled. But I’m still in replay mode. This is happening consistently. Am I doing something wrong? I realized I wasn't having problems before because I wasn't changing time frames for execution.
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New comment Aug '23
1 like • Aug '23
@Ben James It's got to be something I'm doing, I feel like I'm constantly fighting with tradingview
0 likes • Aug '23
@Colin Crowson Here's the problem: I didn't see the little popup down in the lower left corner (large monitor) that says "data point unavailable". Apparently, my plan, Pro+, is somewhat limited on the backtesting data: "For Pro and Pro+ plan holders, the length of available intraday data is calculated as follows: from now to 6 weeks back multiplied by timeframe(in minutes), i.e. you can go 6 weeks back on the 1-minute chart, 12 weeks back on the 2-minute chart, 30 weeks back on the 5-minute chart, 90 weeks back on the 15-minute chart and so on. The higher timeframe is selected, the more intraday data is available." Maybe it's time to upgrade
Module 3 Homework
Ok, I watched the videos twice, and all the examples. https://docs.google.com/spreadsheets/d/1bWvKvG8uRzGYQt3nuvZllZ__c8Nkkj1C9UOrzXFlbhc/edit#gid=0
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New comment Aug '23
0 likes • Aug '23
@Colin Crowson I found it fun. It’s starting to come together after a couple watchings and some practice. Some charts are easier than others.
0 likes • Aug '23
@Anastas Georgievski the candle body, not the wick, right?
Module-5 (BTC/USDT)
BTC/USDT recently got rejected form a daily orderblock. Created a market structure shift in 15min TF and created an orderblock. Took a entry at 1 min TF(at an orderblock)inside the 15min TF orderblock. Yesterday scaled in some more maintaining my 1%risk at 5min order block. Took profit at a previous fvg(22R)
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New comment Aug '23
Module-5 (BTC/USDT)
1 like • Aug '23
Very cool
Module 3
tbh I have watched this module more than 10 times! First time I tried on how to find the liquidity on my own using trading view, I was like wtf where is it? In AOC's video it was so easy lol. I had to watch it again and try again to see if I can find it! Heres the result. Took me some time on Module 3 but happy to have done this. Its true what AOC said, practice this and you'll get better and easily find the liquidity areas. It isnt perfect I must say, I got stopped as well on my back test. There were win streak but of course you cant win them all. Here's my HW and I'm gonna get on module 4 and do it over and over again for sure. https://docs.google.com/spreadsheets/d/1iMcBjaaWo0zAjm8R_mZxx-YtyQMoP4WOGYYVCSjbYGk/edit?usp=sharing
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New comment Aug '23
2 likes • Aug '23
Damn, you on fire!
1-9 of 9
Kevin Millstead
3
14points to level up
@kevin-millstead-6403
Web developer from Seattle looking to free myself from corporate shackles

Active 15d ago
Joined Aug 5, 2023
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