Final Review 1: L39 Part 3 (Future Of Trading Course)

Feb 3, 2025

Lecture Notes on Trading Strategies

Key Concepts

Hold and Break Levels

  • Importance: Critical for trading decisions; accuracy is crucial.
  • Function: Determines the success or failure of a financial move.
  • Practice: Recognizing these levels requires experience.
  • Example: Analyzing a hold level can show a potential 20% profit in a few hours.

Combining Strategies

  • Pandora's Box & Origins: Used alongside hold and break levels.
  • Backside Trends: Help identify support and targets.
  • Strategy: Success relies on combining these tools effectively.

Trends and Moving Averages

Understanding Trends

  • Test Trend: Learn to recognize a trend test and its outcomes.
  • Break of Trend: Identifying the point where a trend breaks.

Moving Averages

  • Definition: Trends represented as averages of price over time.
  • Significance: Important for recognizing market patterns.

Coin Analysis

Example Coins

  • Ripple: Shown trends and breaks, similar to many coins.
  • AppCoin & GTO: Examples of attempting to break trends.

Rejection vs. Retracement

Definitions

  • Retracement: Pullback after hitting a level, indicative of continued strength.
  • Rejection: Failure to reach a level, often leads to a significant pullback.
  • Practical Example: Bitcoin had a move rejection, indicating trend failure.

Important Considerations

Practicing Recognition

  • Application: Use historical data to visualize and practice identifying trends and levels.

Community and Resources

  • Support: Engage with trading communities for learning and sharing knowledge.
  • Resources: Access to Discord and Patreon for deeper insights and discussions.

Actionable Steps

  • Engagement: Join forums, share insights, and support content creators.
  • Learning: Leverage resources like Reddit and YouTube for continuous learning.

Additional Resources

  • Patreon: Access to Discord and additional resources.
  • Donations: Support through Bitcoin or Patreon subscriptions.