You are viewing a single comment's thread from:

RE: Trading Crypto with Keltner Channels - Crypto Academy / S5W6 - Homework Post for @fredquantum

in SteemitCryptoAcademy3 years ago
Dear @bassamjamal. Thanks for attending the Steemit Crypto Academy Season 5 Week 6. Let's take a look at the breakdown of your performance below.

Grading Basis Score
Content Structure 1/2
Originality 1/1.5
Clarity of Language, Understanding of the Context 1/2
Compliance with the Topic 1/1.5
Quality of Analysis 0.5/2
#club5050 1/1
Total 5.5/10

Feedback/Suggestions

  • Your effort on this average. You should improve on proper analysis of your answers instead of shallow responses.

  • Your explanation of Keltner Channels is quite good.

  • In question 2, you are expected to explain the settings such as the length and others associated with the components of Keltner Channels.

  • Well done on your calculation, you can also explore the theoretical side of how EMA and ATR are calculated outside Keltner Channels.

  • Your charts on trend confirmation, dynamic support/resistance and breakouts is quite good.

  • Your breakouts has some inconsistencies.

C3TZR1g81UNaPs7vzNXHueW5ZM76DSHWEY7onmfLxcK2iNz7gbmN27U7qPBtwGCw1eW5Jb8Vom42xQvbbb5GzmdiXtcJUCYwnPVnYLnfkM5vKbNrZ3qrrYN.png

The entry above is too early, you should have waited for a clear resistance at the middle line (EMA) and make an entry after 2 or 3 candlesticks confirmation.

  • That said, your first two buy trades are wrong, likewise, the sell trades are wrong, as you have taken a bullish breakout to even place a sell trade.

  • Overall, average content. Thank you.

Total| 5.5/10

Sort:  

Do not spam by mentioning the curator. The entries before yours ain't upvoted yet, so why so bothered? Be patient and you will be curated at the right time. Thank you.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.029
BTC 61986.52
ETH 2406.81
USDT 1.00
SBD 2.65