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RE: Trading Strategy with Price Action and the Engulfing Candle Pattern - Crypto Academy/S5W7 - Homework post for @lenonmc21

Greetings @sonofremi. Thank you very much for participating in my class corresponding to season 5 (week 7), in the "SteemitCryptoAcademy ".

ParametersRating
Presentation Style (Use of Markdown)0.5/1.5
Originality0.5/1.5
Quality of the Content (Mastery of the Topic)1/2
Clarity of Structure (Spelling and Overall Comprehensibility)0.5/1.5
Practical Approach0.5/2
#club50501/1
Total4.5/10

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Remarks:

  • The presentation style of your assignments is "Deficient", as you do NOT present order in the format and your structure does not have quality. Your cover image is NOT related to the class, which is NOT good, remember, you should always address your cover page to the topic at hand, this is what represents your input to the assignment and visually reflects what you are going to write. The text separators in your submission were fine, but I recommend that you create your own custom one in order to get a higher grade in presentation and originality. I encourage you to continue to improve and put much more effort into the rest of your presentations.

  • The quality of the content is "Fair", as you did NOT cover with clarity and fluency most of the important details regarding what is understood about "The Price Action Trading Strategy and the Candlestick Wrap Pattern". You lacked many details to cover in your initial definition of the strategy.

  • Regarding "What are the steps to apply the Strategy", the quality with which you answered this question was "Regular", because you did NOT point out all the ways and steps that should be applied to use in the strategy, also the examples that you placed are not clear, the graphics are blurred and each step is not really appreciated as explained in the class.

  • Regarding What is the interpretation that should be given to a strong market movement and what does the price tell us when this happens. The quality with which you answered this question was "Good", because you covered with some clarity the correct interpretation regarding the clearest and strongest market movements.

  • You have a "Good" understanding of the "Trade Entry and Exit Criteria for Buy and Sell positions of the Price Action and Candlestick Envelope Pattern Strategy", as you are clear on most of the necessary requirements to be able to take advantage of the market and correctly execute the price action and candlestick pattern trading strategy. However, you must also take into account the negative aspects where we should not take an entry and look for another setup that meets the criteria.

  • On the last question, I wanted to see if the students had understood how to apply the "Trading Strategy with Price Action and the Candlestick Envelope Pattern", so your performance was "Poor" because the screenshots you shared about your trades although clear, your inputs and execution of the strategy were incorrect.

We appreciate your efforts at Crypto Academy and I look forward to seeing your next assignments.

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