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RE: Crypto Academy Week 12 | Homework Post for @kouba01 | Cryptocurrency Trading with RSI
Hello @cryptokraze,
Thank you for participating in the 4th Week Crypto Course in its second season and for your efforts to complete the suggested tasks, you deserve a 10/10 rating, according to the following scale:
| Originality | Compliance with topic | Consistency of method | Quality of analysis | Clarity of structure & language |
|---|---|---|---|---|
My review :
I was waiting for your post because I really enjoy the look and the content of your writing. As usual, your answers were of a precise and clear methodology. About the signal filtering question, you could have expanded further as a reminder to compare RSI with other indicators to confirm or reject the signal, but it doesn't prevent me from giving you the full mark.
Thanks again for your effort, and we look forward to reading your next work.
Sincerely,@kouba01
Thank you for appreciating my work. It is an honor for me that you liked it.
Regarding filtering the fake outs, my preference is always the price action specially the market structure break. I also use liquidity levels when I consider taking a reversal trade. The reason why I didn't added another indicator for filtering the signal is that it would be more or less similar in terms of reacting to market and lagging mostly. Price action has always given me better entries and avoid the fakeout almost 100% of the times.
Thanks for understanding my methodology
Regards
I see the next professor in you ...awesome work bro
Thank you for clarifying your strategy.
Always a pleasure. I will be looking to learn more from your next task.