RE: Assignment Steemit Crypto Academy Season 3 Week 4:-Trading The Dynamic Support & Resistance[@cryptokraze]
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 8.5/10 Grade Points according to the following Scale;
|Content Quality & Originality||2/2|
|Understanding of Strategy||3/4|
- Your homework presentation style is very good and you can improve it further by keeping your text alignment justified.
- In question no 02, you have used 20 and 200 EMAs combination which are too far away and will not give good setups. You should have used a bit closer combinations. 200 EMA would give too large stop loss level simply.
- In question no 03, I would say the same thing because 200 EMA is giving large Stop loss area and you will get 1:1 after a good distance. If you would have used 50 EMA instead of 200, you would have got 1:3 or 1:4 profits on same distance you are getting 1:1 by using 200 EMA in your charts.
- In the last question, I wanted to see if students picked this strategy. You have placed the trades which I wanted to see.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.