(ENG/ESP) Steemit Crypto Academy Contest / S19W6: Trading Steem with TD Sequential || Operando con Steem con TD Sequential

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Question 1: Understanding the TD Sequential Indicator

The,TD sequential Indicator, is a tool used in technical and analysis to help traders identify potential price Trend and Reversals in financial ,Markets it will, like Stocks or cryptocurrencies. Here's how it works in very simple terms:

1. Setup Phase: The indicator starts by looking for a sequence of nine consecutive candles ,(or bars) in a chart. Each candles's closing price needs to be higher (in an uptrends) and lower (in a down trends) Than the one four candles be fore it. This is called the "setup'

2. Countdown Phase: After the setup phase, if the trend continues, the indicator starts a new count from 1 to 13. This phase is called the "countdown." Each count happens if the current candle's closing price is still higher (in an uptrend) or lower (in a downtrend) than the close of two candles before.

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1. Signal: When the countdown reaches 13, it suggests that the current trend might be getting exhausted and a reversal could be near. ,any example if there was a uptrends the indicators might signal that the price could start going down, a vice versa'

In essence the TD Sequential Indicator helps traders spot when a trend might be running out of steem which can be useful for making decisions about when to enter or exit trades. However like any tool it is not perfect and should be used with other analysis and techniques'

Question 2: The Psychology behind the TD Sequential

TD Sequential is a technical analysis tool used in trading to help predict potential price changes in financial market. Here's a simple explanations of The psychology behind it:

1. Pattern Recognition: Human brains are wired to recognize patterns. The TD Sequential looks for specific patterns in price movements, which might signal when a trend is about to reverse or continue.

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1. Market Sentiment
   Traders emotions like fear and greed drive market price: The TD sequential tries to capture when these emotions are reaching extremes indicating that prices might be ready to changes direction'

2. Self-Fulfilling Prophecy: Many traders use tools like the TD Sequential. When enough people believe a pattern signals a change, their actions (buying or selling) can actually cause the market to move in that direction.

In short, the psychology behind the TD Sequential revolves around recognizing patterns, understanding trader emotions, and the idea that if enough people believe in a pattern, it can influence market behavior.

Question 3: Explanation of the TD Setup

A TD setup is short for "Touchdown setup. In simple terms, it usually refers to how you arrange things to achieve a goal or to complete a task successfully. It might involve setting up tools, equipment, or planning steps so that everything is in the right place and order to get the desired result, just like a football team sets up a play to score a touchdown.

If you can provide more context or details, I can give a more specific explanation:

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TD Countdown is a Technical analysis tool used to Predict potential reversal points in the price of a financial asset like a stock or cryptocurrency. Here is an simplified explanation'

1. TD Countdown Basics
   The TD Countdown is part of a larger system known as the TD Sequential Developed by tom DeMark. It Helps identify when a trends (either up or down) is likely to reverse,

2. Counting to 13: The TD Countdown looks for a sequence of 13 bars or candles on a price chart. For a downward trend, you count when a bar closes lower than the close four bars earlier. For an upward trend, you count when a bar closes higher than the close four bars earlier.

3. Reversal Point: Once you reach 13 counts, it suggests that the current trend might be exhausted and could reverse soon. For example, if you've been counting during a downtrend, reaching 13 might signal an upcoming move upward.

4. Timing: The TD Countdown doesn't guarantee an immediate reversal after 13 counts. It is More of a Warning sign that The trend could be nearing its end so traders often use other indicators or wait for additional confirmation.

In summary, the TD Countdown is a tool that helps traders spot when a current trend might be running out of steam and ready to change direction.

Question 4: Using TD Countdown to Predict Reversal Points

The TD Countdown is a tool used in trading to Help predict when the price of a stock or asset might reverse DirectionE ither from going up to down or from down to up.

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Here’s how it works in simple terms:

1. Counting: The tool looks at the price movement over several days and counts specific conditions that suggest the trend is getting weak. These conditions must happen in sequence for the tool to give a signal.

2. Numbers Matter: If the tool counts up to a certain number, usually 13, it suggests that the trend might be about to change direction. For example, if the price has been going up, a count of 13 might mean it's about to start going down.

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1. Reversal Point: When the tool reaches this special number, it suggests a possible "reversal point" – a moment when the trend might change direction.

In essence, The TD Countdowns is a way of looking at the Market to spot when a trend might be getting tired and ready to reverse. Traders use it to decide when to buy or sell to maximize profits or avoid losses.

Question 5: TD Sequential-Based Trading Strategies with Steem

TD Sequential' is a Technical analysis tool used by traders to Predict potential price reversals in the Market. It a bit Complex, but All break it down in simple Terms.

What is TD Sequential?

1. Counting System: TD Sequential is a counting system that tracks price movements over a series of days or candles on a chart.

2. Setups: It identifies "Setups" where prices move in the same direction for 9 consecutive candles. for Example if the price closes lower than the close four candles ago for 9 days in a row that’s a bearish setup. If it closes higher for 9 days, that is a bullish setup.

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1. Countdown: After the setup, there’s a "Countdown" phase. This phase counts up to 13 candles, during which the market continues to move in the setup's direction. The countdown helps identify when the trend might be losing strength and a reversal could happen.

2. Buy/Sell Signals:
   when the countdown ends its might signal that the trend is about to reverse. A bullish reversal is a signal To buy and a bearish reversal is a signal to sell.

How to Use TD Sequential in Trading?

• Identify Trends: First, use the TD Sequential to see if a trend is strong and continuing. If you see 9 candles moving in one direction, it might indicate a strong trend.

• Watch for Reversals: Once the setup is complete, keep an eye on the countdown phase. If it is reaches 13, it might Signal that the trend is about to changes direction.

• Make Trades: Based on the signal (buy if it’s bullish, sell if it’s bearish), you can decide when to enter or exit a trade.

Using TD Sequential with Steem

If you're trading Steem (a cryptocurrency), you can apply the TD Sequential strategy to its price chart.

1. Track Steem’s Price: Look at Steem's daily or weekly price chart and apply the TD Sequential indicator (available on many charting platforms).

2. Identify Setups and Countdowns: Follow the counting process to spot when Steem's price might be ready to reverse.

3. Make Trading Decisions When the TD sequential signals a reversal decide whether to buy or sell Steem based on the signal.

This Method can Helps you time your trades better by predicting potential price reversals in the market. However it is important To Remember that no strategy is foolproof, and you should use it along with other analysis methods and risk management strategies.

I Would like to invite @josepha @kouba01 @beautiful12 to take part in this contest

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