EXIT LONG STEEM POSITION / STEEM TRADING SYSTEM # 5
🐒 USERS ONLINE 
🐒 STEEM TRADING SYSTEM # 5
🐒 ONLINE USERS AT POLONIEX BITCOIN PRICE correlation I started collecting data on online users at poloniex . I try to collect the data about the same time every day. I was thinking it would be interesting to see how the amount of users increase or decrease with the Bitcoin price . Then I thought maybe I can find a pattern to use to trade Steem .
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🐒 STEEM TRADING SYSTEM # 5 / I may have isolated a possible chart pattern showing the possibility of STEEM rising in price . The pattern works like this when Polinex users ( BLUE Column ) Fall for 3 consecutive days in a row I can look for a rise in the Steem price then exit the trade when Polinex users ( BLUE Column ) Rise for 3 consecutive days in a row . I have placed a GREEN # 1 within the column at bottom of chart to show when to enter a BUY and a GREEN # 2 within the column at bottom of chart to show when to EXIT the trade .
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BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
GREEN LINE = STEEM PRICE AT THE TIME DATA WAS COLLECTED
ALL DATA RECORDED APPROXIMATELY 7:00 AM EST
Steem price from Bittrex
STEEM TRADING SYSTEM # 5
| BUY DATE | BUY PRICE | SELL DATE | SELL | PROFIT / (LOSS) | Cumulative P/L |
|---|---|---|---|---|---|
| 5/28/2017 | $ 1.03 | 6/05/2017 | $ 1.46 | $ 0.43 | $ 0.43 |
| 6/15/2017 | $ 1.93 | 6/20/2017 | $ 2.19 | $ 0.26 | $ 0.69 |
| 7/01/2017 | $ 1.67 | 7/04/2017 | $ 1.85 | $ 0.18 | $ 0.87 |
| 7/14/2017 | $1.14 | 7/25/2017 | $ 1.30 | $ 0.16 | $ 1.03 |
| 7/28/2017 | $ 1.24 | 8/01/2017 | $ 1.17 | ( -$ 0.07 ) | $ 0.96 |
| 8/12/2017 | $ 1.35 | 9/12/2017 | $ 1.28 | ( -$ 0.07 ) | $ 0.89 |
| 9/24/2017 | $ 1.02 | 9/27/2017 | $ 1.15 | $ 0.13 | $ 1.02 |
🐒 To date The STEEM TRADING SYSTEM # 5 has 7 trades 5 profits and 2 losses for a 71.42% accuracy and $1.02 profit per STEEM traded.
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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
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Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update
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Please voice your opinions in the comments below..
SUMMARY
🐒 EXIT LONG STEEM POSITION using this system
The STEEM price is from BITTREX .
DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
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i will always support you man!!!
What does exit long steem position means? you mean selling steem?... Actually 2 days ago was a very good idea to buy, judging for the price today...
Are you taking into account alot of people are pulling there steem from Poloniex because it was on lockdown for so long and just opened back up... I just pulled mine and won't use Poloniex anymore.
here are four interlinked issues. (1) Any spike in demand will cause an unpredictable spike in fees. (2) There is no such thing as a perfect fee guessing algorithm -- so if your wallet seems to keep fees low and always get transactions processed, that's because other peoples' wallets are doing a really bad job and their transactions are getting stuck. (3) Ironically, the only impact of improving fee guessing algos in all wallets is to share the pain! (4) It's 10x or even 100x worse for people who actually use Bitcoin a lot, especially those who try to make Bitcoin useful (e.g. businesses or services that accept Bitcoin). Invariably, they receive lots of smaller payments and pay out bigger payments -- that necessarily means bigger sized transactions which necessarily require higher fees to be paid. It is not unusual for businesses to pay tens of $ per transaction just because they are effectively consolidating many inputs. Future tech may help but none of that future tech is available yet.
Excellent post for us.
The gradual adoption of steem is taking great the price of steem to the moon. We would see this soonest.
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