1 of 16

PSAR VIP

Session #10

11-22-2021

2 of 16

Contents

  1. Welcome to everyone!
  2. HTF BTC Analysis
  3. Ninja: Glassnode HTF Analysis
  4. Todd: VIP Strategy Update
  5. CEO: Rapidfire Strategies + VIP Recommended Settings
  6. Todd: Grid Bot Pairs Selection
  7. Todd: Trading Bots Update
  8. CEO: How to make a Living from Bots
  9. TuffOctapus: Degen Update
  10. Node: Recommended Trading Pairs
  11. Q & A

3 of 16

HTF BTC Analysis

BTC HTF

  • Remember what I said about the monthly pivot??
  • This weekend: Rejected 60K, got front run
  • Still in the second half of the month, expect more ranging and a bit of dumping
    • A lot of green on the VIX which means bounce incoming soon
  • Daily Stochastic is getting a beautiful reset, this is what we need for parabolic moves!
    • Previous resets at 17, 14 seems likely
  • We can see declining volume which means there is less interest in BTC here
    • This means we need to see volatility to the downside to wick up

TARGETS

  • Downside targets of 52K and most importantly 48K S1, 0.618, weekly
    • Anytime we lose a monthly pivot, expect a move down to Monthly S1
  • Hang on for the next week and then get ready for parabolic moves up to $78K
  • The goal for the next parabolic move: don’t lose all momentum getting up to ATH again
    • If we lose too much momentum, we won’t get much higher

4 of 16

5 of 16

TODD: VIP STRATEGY UPDATE 2

  • TVC Settings: 5% of bal to entry.
  • 4 max positions, moving to 6 on TVC if market is trending up.
  • WH is set up using my pairs list + TVC traded pairs list under allowed pairs.
  • 6 MAX pairs on WH and this does not change.
  • WH Settings to the right, unchanged. You can reduce risk if you would like but I am happy with where it is. If you get into trouble you can always transfer funds from spot to futures.

6 of 16

TODD: VIP STRATEGY UPDATE 1

  • Rebalanced and compounded. 3380 in futures currently, 4k+ in spot. Will get to 5K Futures then pull 90% of profits out to fund the spot acct.
  • Adjusted PSAR to avoid tops, using MEDIUM RISK + 60 RSI. Per pair settings will be better however I am fine with Medium risk level + 60 RSI across the board. Before I was hitting tops and never taking any counter trades, experiencing a high amount of bags on pullback days due to high psar risk.
  • PSAR Settings: 5M HTF + 5M Trend Verification. 15HTF RSI, 60RSI MAX, 7M 50/100 Divs. Indecisive market so I am fine to run 60RSI to avoid most tops.
  • Management has been minimal with this approach in the past week during these market conditions.
  • SWITCHING TO MARKET FOR TRADES.

7 of 16

Rapidfire Strategies

Rapidfire Strategies

  • The best indicator for getting alerts on price action ---->
    • Always be aware of price action
    • Set the Re-Entry TP Long to the interval you’d like
    • I never need to check out charts on the go, I know what’s happening
  • Using Rapidfire for low risk strategy to eliminate FOMO
    • Did you miss a trade, enable Rapidfire
  • Much better for set it and forget it on Low-Medium risk settings
    • Set it to pairs top 100 you are interested in but don’t want to get rekt on
  • The best for spot
    • You do not want a lot of DCA or bags on spot
    • Rapidfire gives good clean entries

8 of 16

Rapidfire Strategies + VIP Recommended Settings

VIP Recommended Settings

  • Rapidfire
    • TP Long Entry 0.2%!!!! So good!!
      • DOT 28m(100)+30m(100)
        • Nov 19th PUMP!!
    • Euforio Bag Fix: ETH 15m(100)+32m(100)

  • PSAR
    • IOTA has been a rocket lately, caught a great pump last night!
      • Lower Setting amazing with <90 RSI
      • 7m(50+70)
    • SAND Chugging along, avoid dumps making great trades
      • 6m(50+50)

9 of 16

TODD Grid Bot Selection

One of the major advantages of grid trading is that it doesn’t require you to have a precise prediction of the market direction. The second advantage is that the grid strategy works well in volatile, ranging markets, where the trend isn't clear.

With the grid strategy, the ideal scenario is that the price moves back and forth across the grid. While doing so it executes as many of the orders as possible, both for the buy and for the sell sides (SPOT ONLY).

The main things I focus on for selecting the pairs are the following:

  1. Which asset base am I am accumulating, ex USDT/BTC/ETH pairs. Determining this determines which pairs are available to trade.
  2. Finding and screening volatile coins that are NOT necessarily in a trend.
  3. Plotting the upper and lower targets, and where I will buy the coins down to and the area where I will exit them. Does it make sense to run these on grids?

10 of 16

TODD Grid Bot Selection

The charts often tell us which pairs we should be running. AVAX (left) is one that I would not run on grid because it is in a steady uptrend. MATIC (right) has been great on grid bots because it has consolidation periods and sticks within its range.

We need to address ranges using MATICUSDT as an example.

UPPER RANGE: This is the level that you would have sold ALL of your MATIC for USDT.

LOWER RANGE: This is the level that you would have no more USDT left, as you have bought MATIC down to this level.

I normally start on the DAILY chart, plot ranges, and then drop down to the hourly to see how it would trade. https://www.tradingview.com/x/4biMXstc/

11 of 16

TODD Trading Bots Update

Boring 2 week trading period, however there was enough volatility to still crank out 1K+ trading days.

  • Long only strategies were reduced risk, as I dropped down to medium risk on PSAR.
  • GRID BOTS on all Alt assets that I own on spot to “sell into strength” was a good idea, as I have profited on some coins that have moved.
  • All accounts under management and reviewed as of 11-15-2021. Total return of +17.49% across all of my accounts. This is very good remembering most of the traded funds are on SPOT
  • Added alerts to VWAP indicator for countertrend on SPOT. https://www.tradingview.com/script/8eWNKXGA-Wick-Hunter-VWAP-with-Alerts/ Really enjoying this for spot trading as well. Start with it on the 5Minute timeframe, LONG VWAP% set to 2.5 or 3. Alerts set at Once per bar to fire once the alert triggers.

12 of 16

CEO: How to Live Full Time off Bots

· My Journey to Full Time:

o Started with Swing bot, just got chopped up lost money

o End of April 2020 I met Todd and Rapidfire, changed my life

o Started with $3K

§ Quickly became $10K, making $100 a day

§ Realized I could go full time

§ Was living full time by August and over $100K by end of Sept

· FIRST RULE:

o Don’t go all in on ONE THING

o Diversified income is the key

o You need to cover your monthly expenses with at least 2-3 different strategies

§ If you lose one strategy (ex: futures) then other strategies can cover

o Make sure whatever method you are using has LIQUIDITY so you can cash out when you need to pay for expenses

o Bots

§ Scalper bots (PSAR + Rapidfire)

· I find $10K balance is perfect for $100 a day at 1%

· $10K Futures TP to Spot

· Remember Futures is not realized profit until it’s moved to spot

o DEFI+yield farming+staking

§ Can get good returns 1% a day

§ Watch out for rug pulls

§ Watch out for funds getting locked up, avoid this!

o Swing trading/scalping

§ The most difficult for consistent gains

o NFTs?

§ NOT liquid, not a good idea

13 of 16

CEO: What’s Your Exit Plan for the Cycle Top?

Different options:

    • Make sure whatever method you are using has LIQUIDITY so you can cash out when you need to pay for expenses
    • Bots
      • Scalper bots (PSAR + Rapidfire)
        • I find $10K balance is perfect for $100 a day at 1%
        • $10K Futures TP to Spot
        • Remember Futures is not realized profit until it’s moved to spot
        • VARIABLE risk for futures depending on market conditions
        • Have lower risk for spot
      • DEFI+yield farming+staking
        • Can get good returns 1% a day
        • Watch out for rug pulls
        • Watch out for funds getting locked up, avoid this!
      • Swing trading/scalping
        • The most difficult for consistent gains
        • Don’t let your emotions win
        • Stick to HTF Swing for low risk
        • Good for your portfolio to not be pegged to FIAT
        • Watch out for cycle top

14 of 16

TuffOctapus: Degen Updates

Refer to @TuffOctapus for the current updates!

15 of 16

Recommended Pairs - Futures Pairs

Please refer to @Mr Node it All for some quality Technical Analysis and pair recommendations!��CELR: Falling Channel Breakout → TP areas --> $.15/$.155/$.16/$.17 --> up to ATH --> Price discovery targets use major fibshttps://www.tradingview.com/x/cZKPSluc/�SL: pending your strategy, once the asset breaks out of the pattern there will be a back test usually. Look to layer back in on the major fib extensions or based on your step scale to adjust to near those areas/levels��ZEN: Symmetrical Triangle Weekly Timescale : �Longterm TP’s up to 1.618 $500 -- > shorter term TP’s $100/$105/$110/$115/$120 → https://www.tradingview.com/x/1GiG0MBT/

SL: pending your strategy, once the asset breaks out of the pattern there will be a back test usually. Look to layer back in on the major fib extensions or based on your step scale to adjust to near those areas/levels��Lina: Ascending Triangle → TP Areas -->TP Areas --> $.065/$0.07/$.075/$.08/ --> up to 78.6% retrace area top of triangle $.19 --> once breakout occurs ATH wick is to $0.36 --> price discovery targets up to $2 → https://www.tradingview.com/x/fPieo1yN/SL: pending your strategy, once the asset breaks out of the pattern there will be a back test usually. Look to layer back in on the major fib extensions or based on your step scale to adjust to near those areas/levels

Link: Channel Up -- > Longer term tp’s up to the 1.272 fib ~ $215 → Shorter Term TPs → $29/$30/$32/$34/$35/$37/$40/$42/$44/$46/$48/$50/$52(ATH) -- > https://www.tradingview.com/x/zRKFhFdy/

SL: pending your strategy, once the asset breaks out of the pattern there will be a back test usually. Look to layer back in on the major fib extensions or based on your step scale to adjust to near those areas/levels��Theta: Symmetrical Triangle setup on weekly → TP areas --> $7.40/$8/$8.50/$9/$9.50/$10/$10.50/$11 --> up to ATH $16.75 --> price discovery areas up to $25-$45 → https://www.tradingview.com/x/8oEUrggZ/

SL: pending your strategy, once the asset breaks out of the pattern there will be a back test usually. Look to layer back in on the major fib extensions or based on your step scale to adjust to near those areas/levels�������

16 of 16

Q & A

  • Feel free to comment or ask any questions on things you may need some advice on.
  • To save on time we would like to keep the Q&A to a maximum of 2 Questions per user.
  • Would like to open the floor up to any users to share some profits in #profit-gains!