You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Season 03 |Homework task for @cryptokraze | Trading The Dynamic Support & Resistance

Dear @sanjeev.kumar

Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 8/10 Grade Points according to the following Scale;

CriteriaGrade Points
Presentation Style2/2
Content Quality & Originality1.5/2
Understanding of Strategy3/4
Practical Approach1.5/2

Crypto_Academy_3.png

Key Notes:

  • In question no 01, your marked the support and resistance level too early. We need price above or below the EMAs and then wait for price to get support or resistance on pull back to EMAs
  • In question no 03, your exit levels marking is not correct because you have set higher stop loss than take profit level.
  • In the last question, I wanted to see if students picked this strategy. Your stop losses are tighter than normal and you should keep 1:1 ratio while setting loss and profit targets.
    Crypto_Academy_3.png

We appreciate your efforts in Crypto academy and look forward for your next homework tasks.

Regards
@cryptokraze

Sort:  

Thanks for your valuable feedback professor.