RE: Trading with Contractile Diagonals - Crypto Academy /S4W3 - Homework Post for Professor @allbert.

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Trading with Contractile Diagonals - Crypto Academy /S4W3 - Homework Post for Professor @allbert.

in hive-108451 •  3 years ago 

Hello, @ Thank you for participating in Steemit Crypto Academy season 4 week 3.

CriteriaGrade
Q1 content1 /1
Q2 content0.5/1
Q3 content0.5 /2.5
Q4 content2 /2.5
Q5 content2 /2
Post Presentation1 /1
Total7/10

Homework task: 7

Feedback:

First of all I congratulate you for taking on the challenge of this class. I know it was not easy, so I appreciate your effort.

First of all, good definition of contractile diagonals, however in question 2 I see that you did not understand well the criteria for the choice.

Actually what makes a wedge not meet the criteria is not that point 3 is higher than point 1, but that wave 3 is longer than wave 1.

In question 3 I know it was the best you could do, but remember that wedges with take profits less than the stop loss are not tradable. Also, you did not make the actual purchase on your exchange.

The example in question 5 was much better, but you did not place the take profit correctly, which should be at the level of point 2.
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Your feedback was very insightful. Thank you very much.