Crypto Academy Season 6 Week SUMMARY : Trading With RSI and Ichimoku

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Hello, Steemians,

This is me professor @abdu.navi03 with my summary post for season 06, week 02, assignment homework post. This week, 73 participants, participate in my lecture and almost everyone performed well.

TOPICS OF LECTURE

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1-Faults and features of RSI

2-Fault and features of Ichimoku cloud

3-Combination of both

4-Trend identification by this strategy

5-Use of MA with this combination

6-Support and resistance by this strategy

7-Exit and Entry Criteria by this strategy

8-Conclusion

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I've asked these questions in homework posts from the participants

1-Put your understanding into words about the RSI+ichimoku strategy

In this question, the participant had to put his understanding into words about strategy formed after combining RSI+Ichimoku, their effects, and how they rectify each other's shortcomings.

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2-Explain the flaws of RSI and Ichimoku cloud when worked individually

In this question, participants had to explain the flaws and shortcomings of RSI and Ichimoku when they applied individually in the price chart.

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3-Explain trend identification by using this strategy (screenshots are required)

In this question, participants had to explain how the trend can be identified, confirmed, and how its ending can be identified by this strategy

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4-Explain the usage of MA with this strategy and what lengths can be good regarding this strategy (screenshots required)

In this question, participants had to use a trend indicator MA with the length best according to this strategy.

5-Explain support and resistance with this strategy (screenshots required)

In this question, participants had to explain the identification method of support snd resistance by this strategy.

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6-In your opinion, can this strategy be a good strategy for intraday traders?

In this question, participants had to share/her opinion regarding this strategy using an intraday strategy with reasonings.

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7-Open two demo trades, one of buying and another one of selling, by using this strategy

In this question, participants had to open two demo trades, long and short, in which they must use this strategy with the current form of the market.

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CATEGORY OF PARTICIPANTS

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I've divided participants into 6 categories as mentioned.

1-Below Average = Those who score below 5

2-Average = Those who score within the range of 5-6.9

3-Good = Those who score within the range of 7-8.9

4-Excellent = Those who score within the range of 9-10

5-Invalid entries = Those who didn't power up the 50 percent of their earnings or power down.

6-Plagiarised entries = Those who copy others' works.

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Category	Frequency
Below Average	0
Average	0
Good	39
Excellent	30
Invalid entries	3
Plagiarised entries	1

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AVERAGE

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Total numbers = 606
Total entries = 73

Average Score = 8.3

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Top 3 posts of the Week

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Among all the 73 participants the top 3 posts of this week are;

Student	Post
@minikay	link
@shehan8	link
@alphafx	link

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cc;
@steemitblog
@steemcurator01
@steemcurator02

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Regards,
@abdu.navi03