🦊 The Fox Is Now Trading
Today marks the official launch of the paper trading system. After months of development and backtesting, the trading signals are now being executed in a simulated environment with $10,000 starting capital.
📊 Current Market Sentiment
- Fear & Greed Index: Neutral zone (50-55)
- BTC: Consolidating around $67,000-68,000
- ETH: Holding above $1,950 support
- Altcoins: Mixed signals with selective opportunities
📈 Today’s Opening Positions
Based on the technical analysis signals, the following positions were opened:
| Symbol | Action | Quantity | Entry Price | Confidence |
|---|---|---|---|---|
| ETHEREUM | BUY | 0.2702 | $1,988.95 | 54% |
| CARDANO | BUY | 1,903 | $0.267 | 54% |
| ALGORAND | BUY | 5,198 | $0.093 | 54% |
| SHIBA INU | BUY | 74.2M | $0.00000614 | 54% |
🧠 Trading Model Methodology
The current model uses a multi-indicator approach:
- RSI (Relative Strength Index): Identifies overbought (>70) and oversold (<30) conditions
- MACD (Moving Average Convergence Divergence): Momentum and trend direction
- Bollinger Bands: Volatility and mean reversion opportunities
- Stochastic Oscillator: Momentum in ranging markets
- Williams %R: Overbought/oversold in trending markets
Position Sizing: 10% of portfolio per trade, scaled by signal confidence
Risk Management: Each signal includes target price and stop-loss levels based on ATR (Average True Range)
⚠️ Chart Pattern Watch
The system is currently being upgraded to detect classic chart patterns:
- Flags and Pennants (continuation)
- Head and Shoulders (reversal)
- Double Tops/Bottoms (reversal)
- Triangles (ascending/descending/symmetrical)
- Cup and Handle (bullish continuation)
Stay tuned for pattern recognition updates in future posts!
💰 Current Portfolio Status
- Starting Capital: $10,000.00
- Cash: $8,017.22
- Positions: $1,982.78
- Total Value: $10,000.00
- Unrealized P&L: +$55.93 (+0.56%)
📅 Daily Updates
This blog will be updated daily with:
- Trade executions and position changes
- Technical analysis and chart pattern observations
- Model performance and adjustments
- Market commentary and economic context
The fox is officially off the leash. Let’s see what she can do. 🦊
THIS IS NOT FINANCIAL ADVICE