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EDUCATION: MACDHello, dear subscribers! Today we will examine another one lagging indicator - MACD. It is very useful indicator but you need to use it carefully because usually it is just adds other indicators and can to generate a lot of fake signals. What is MACD? MACD consists of: 1)MACD (blue) = EMA(12) - EMA(26) 2)Signal (red) = EMA(9) 3)Histogram = MACD - Signal The MACD line is the long EMA value substracted from fast EMA value. It shows the trend direction. If the MACD>0 the market is bullish, if MACD<0 - bearish. The difference between MACD and Signal line is the proxy of trend strength. How to trade with MACD? The classical approach to MACD is to search the MACD and Signal line crossovers: when the MACD crossed the signal line from down to up it is the bullish signal, in opposite case - bearish. The MACD and zero line crossover means the trend confirmation. But this approach is not good enough to make profit. As you can see on the chart it can generate fake signals or signals which are too late - the price have already grown. If you want to use only MACD, please, find really strong signals. For example, if the price demonstrated higher low and MACD - lower low, it is the hidden bullish divergence. With the further MACD and signal lines crossover it gave a really nice long signal. Summary 1)Find the price/MACD divergence 2)Wait for the MACD and signal line crossover 3)Enter an appropriate position 4)Be careful about weak signals 5)Use MACD with other indicators as an addition confirmation sign
Education
by Skyrexio
RISK MANAGEMENT : Not more than 1%Many traders would have you believe that a certain trade or indicator is the best way to manage your risk in the Crypto market. But the truth is, the best risk management strategy, is self-discipline. Specifically, as a trader, you must never risk more than 1% of your total capital on a single trade. The main reason for this rule is to minimize capital losses in case of harsh market conditions. By adhering to this rule, you would need to lose 100 trades in a row to wipe out your account. You could even implement stop loss orders to further minimize such losses. Trailing stop loss has proven itself to be the life saver. Thus, if you risk 1%, you should set your profit goal on each successful trade to 1.5 – 2% or more. When making several trades a day, gaining a few percentage points each day is entirely possible, even if you only win half of your trades. Trading is about preserving your capital as much as it is gaining profit. By controlling your losses, you can endure tough market conditions and be ready for profitable opportunities once they appear.
Education
by CryptoTradeWorldLTD
4
The Simplest Rules for Profitable Trading! There is a very interesting concept for traders and how they should trade. It is based on the possible results in every single trade. When we open a trade we should be ready to get one of the following results: - big profit - small profit - small loss - big loss From the list above, it is obvious that if we do the best to avoid big losses, our trading will be profitable. Of course, for this, we have to get not only a small profit but also big profit trades. And this concept also matches another rule for traders, probably one of the most important: cut losses quickly and let profits run! As you can see, for profitable trading you have to follow these concepts. They are logical from the core. The problem of novice traders is that they follow the rules vise verse. The get big losses and avoid big profits. Or in other words, they cut profits quickly and let losses run. So, from this post, you can get better ideas about how you should trade, in order to be profitable in the long run.
FX:XAUUSDEducation
by DLavrov
15
Knowledge Is Super Power! How to Make Money in Simple Way?I don't understand the majority of traders who search for trading signals services, spend money for buying trading signals, and believe that such an approach will make them rich. I don't understand the strong wish to be dependent on a signal provider and his or her ability to provide quality trading signals for the audience. If we are given something we depend upon the giver and isn't it better to know how to fish instead of waiting for a fish from someone? Trading in any financial market can be simple for everyone. Of course, if you know what you are doing and how to catch opportunities from a price movement. Maybe you think it will need years to become a master of charts and predict future price movements? To tell you the truth you don't need to predict future price movements at all. It is an amateur's way of thinking and of course, it is wrong. What do you need, it is just to follow the market. That's all! I prepared for you the examples of 3 trades which gave good profit. They are based on a trend-reversal and trend-following setups. They will be the same in different timeframes and different markets. How many years do you need to study all of them? I guess we shouldn't talk about years. Maybe several weeks if you know nothing about trading. How much time do you need to learn the simple rules of proper money management? Maybe 1-2 days? Do you think it really takes a lot of time and effort to catch an uptrend as we have in the BTCUSD market? The majority can do it without waiting for trading signals from someone. But why the majority prefer to do nothing in this direction? It is a good question. You want to spend time and money for buying trading signals thinking that they will make you rich. Don't be so naive. There are no people in the world who will make tons of money for you for nothing. But there are people who can teach you how to trade properly and make consistent profit in the long run. You must remember, that only you can make yourself a successful person and change your life for the better. If you don't want to do it, why other people should care about you? Knowledge is a super power! It is a well-known fact and successful people will remind you about it one more time. Thanks for your attention!
BYBIT:BTCUSD.PEducation
by DLavrov
47
The Difference in Judgements of Amateurs and Professionals Trades shouldn't be judged based on the results. For example, if a trade gave profit it is a good trade and if a trade gave a loss it is a bad trade. It is an amateur's approach. Trades must be judged based on other criteria: - good/bad entry - good/bad exit - was it in the line of a trading strategy? - was it in the line of a trading plan? - was it in the line of proper money management? The same goes for the judgment of traders. If a trader isn't profitable right now or for some period of time, but he or she trades properly, it is a good trader. If a trader made tons of money without following his or her trading plan and proper money management, it is a good example of a bad trader. The same goes for trading robots, trading strategies, and other tools. Don't follow an amateur's approach in deciding what is good or what is bad in trading. You should be smarter and look at the whole picture before any conclusions! For such an approach, you must have the right knowledge and experience!
KRAKEN:BTCUSDEducation
by DLavrov
13
How Much Money You Can Make from Trading?How much money you can make from trading in different markets and using different trading styles? Such a question is rather popular among novice traders and in this post, I want to provide you my vision. Here is an estimated profit per month: Forex Market - short term trading 5-10% - swing trading 3-5% - position trading 1-3% Crypto Market - short term trading 10-15% - swing trading 5-10% - position trading 3-5% Stock Trading - short trading 50-100% - swing trading 10-15% - position trading 5-10% Maybe you think I'm wrong and some markets and trading styles can give much more profit. Well, it can be like this. I just share my personal idea which is based on the information and knowledge I have. Also, I took into consideration that the market conditions can be too important for crypto traders and for investors in Stock and Forex markets. I tried to calculate an average value based on different market conditions. I think the numbers are reachable for any trader. Of course for those who spent their time and effort on building the solid basis of knowledge and who gained the right experience. If you are a lazy trader, who searches for premium trading service only and who doesn't respect the power of knowledge, you should forget about these numbers. If you stay at the breakeven after such trading, be sure that you are a lucky man. Many novice traders blew up their accounts chasing good profit. Instead of investing money and time in improving themselves as traders, they picked the wrong way. Don't be like the majority of traders, respect knowledge and experience and you will succeed in trading. It is just the question of time!
KRAKEN:BTCUSDEducation
by DLavrov
28
NEM-XEM/USD 2666000% Trend Figures Psychology of a hamster 2-666In this training / trading idea, I showed the whole history of the price chart of this scam coin of high capitalization. Pay attention to the increase in prices by 2666000% (26660 hamster X) for 2 years from January 18 (6 + 6 + 6) (01) 2016 to January 1 (01) 2018. What strange figures are 2 years of an uptrend and an increase of 2-666-000%. Is it really a coincidence?)))) I think who truly understands what the number 666 means, and not through the religious prism of brainwashing, then everyone understands that there is no coincidence here. Please note how, according to all the rules of technical analysis, all the patterns on the price chart worked out: Lateral movement. 1) accumulation channel. (a breakthrough of resistance and the beginning of an uptrend). Uptrend. +2666000% 2) ascendant pennant. (formation of the pennant web and pulse development to the height of the flagpole). 3) an ascending triangle. (bullish pattern, working off to the height of the triangle). Downtrend. -98% 4) a downward wedge. (formed). Entrance to the market. Entrance on a breakthrough or pullback after a breakthrough of the resistance line of the downward wedge. Fixing the price above the downtrend main trend will mean a trend reversal and luring a new batch of “hamsters”. Formerly hamsters who believed that they would become very rich in the near future, as a rule, after a while they sold at very low prices or so, when their faith to become a milleon was beaten heartbroken and disappointed. A descending wedge is drawn very beautifully. The instrument is merged by -98% from the high. Super profits for a real trader and a skating rink for a believing hamster. Perhaps "soon" will be a trend reversal. As you can see, the older the time frame, the more clearly the patterns are worked out and it is easier to predict the price movement. Large timeframes are well suited for positional trading. But it is very important that a crypto project, even if a scam, were people with big money who are interested in continuing to imitate the development of the project. For example, how is this cryptocurrency NEM (XEM). It is very important that you can work not only long, but also short on margin trading. This allows you to earn on the downtrend of the coin.  But, nevertheless, in such coins you always need to withdraw a large part of the profit, and to continue to work with a complex percentage to get a new potential profit. At one time, I had a rather significant loss of money when a tool like NEM suddenly evaporated. I traded coin for about 8 months. Several times increased profit from the original amount. With each profit, a part brought profit from the market. But at one point, the project "closed", tokens were removed from the exchange, trading stopped. As a result, the loss of a full position did not mean a loss, but a loss from profit, as I always deduced part of the profit. But if all this time I only accumulated coins (increased the amount), all profits would have turned to zero. And most importantly, it would be a pity for the lost time to trade this coin. Time has no price, it is priceless. Therefore, always remember no matter what the true legend and imitation of the development of the project, you can never predict with 100% probability what those or other people who created the project will do. On this coin NEM (XEM). They launch the Catapult technology on their blockchain for believing fools from 2017 before each secondary uptrend or during the downtrend to stop sales and give believers another sip of the sweet lie of hope. Since 2017, they announced the launch of the catapult 6 times, they did not even change the legend. Why? The hamster is not a mammoth, it will not die out. In addition, hamsters have a complete loss of memory about events 1-2 years old. This "technological coin" from the maximum price fell -98%! Believers in becoming a millionaire in a year are likely to experience wild horror and misunderstanding! In the end, they were secretly told on the Internet that they needed to “manage to buy” this coin, otherwise the chance to become a millionaire in 1-2 years would be missed. A person going to work from day to day from 8: 00-17: 00 with hard / not hard work, gets a salary, debugs money. For example, during the year he saved up $ 1,000 for investments. And then he heard “in confidence” that you can simply buy a certain coin and become a millionaire in 1-2 years. He was delighted because he believed that he would become very rich! He will no longer need to go to work every day! And now, after 2 years, he discovers that with his invested amount of $ 1,000 in a promising technological coin for a comfortable life, only $ 20 is left !!! Everything acquired and delayed by hard work has simply depreciated! Indeed, for 2 years from 1000 to receive minus 98% of the investment is something. From $ 1,000, only $ 20 is left . But the investor proudly calls himself a "holder" ! The future millionaire is in shock. How did this happen? In the end, very clever experts from YouTube and telegrams showed him a price increase of 2,666,000% and said that the price would go up forever! Even if the investor - “holder” bought earlier, he does not sell at all! After all, he needs even more! After all, only stupid traders sell, holders always hold on to the end! This hamster in the bull market had an opinion about himself that he was also an expert and professional. He considered himself very smart and experienced, smarter than other newly arrived hamsters for slaughter. The trend has changed, and the "smart investor" has become a deceived fool. A stream of hamsters in cycles. Some "die" - others are "born." The hamster is not a mammoth, he will not die out. I think the training article below will be very useful for those who "got into one of the thousands of promising crypto scam projects" and understand the complexity of the situation. We make losing trades profitable. Martingale + Position Trading. For true “lazy hamsters” those who like to buy everything indiscriminately at the market are forbidden to use martingale. This method in such hands still fast will lead to a drain of the deposit. Read the work of this trading method in the description. Those people who are sure that success in trading depends on only one successful purchase and after a while to sell it many times more expensive is doomed to annul its deposit. This is what most think. So this is an erroneous opinion. Thanks to this belief of the majority, the minority earns.
BITTREX:XEMUSDEducation
by SpartaBTC
35
How Should you SCALP a FLAT Bitcoin? DONT get stopped OUT!HEY! As we all know Bitcoin has been trading in a defined range- this gives a large opportunity for money if you know what you are doing! If NOT, you simply lose a lot of money. In this video we show you how to use the Higher Time Frames to define your scalping levels, this is a crucial step before you proceed to the minute chart. -Megaldon Stay Safe/Like/Comment and Share your Strategies BINANCE:BTCUSDT KRAKEN:XBTUSD BITMEX:XBT BITSTAMP:BTCUSD
BITSTAMP:BTCUSDEducation
by BoSukas
1
MTL/BTC Channel + local trending. 9 months - 5 pumps + 100-220%MTL / BTC Work in the accumulation channel + from local trend lines. Important reversal areas. For 9 months in the horizontal channel there were 5 pumps + 100% + 150% + 50% + 100% + 220% In real work in the channel by averaging, you can take profits from 60% to 80% of each movement. The coin is not a "promising technological derma" for believing crypto hamsters. Coin "perspective scam" for making real money. I showed the logic of the work on the chart, I also have several ideas for training and articles on this topic, I won’t repeat myself. Volatility is the quality of a trading instrument that, when used skillfully, can inflate your trading deposit to indecent sizes. Also on such instruments, do not forget to withdraw part of the profit from the exchange after each pumping of the price. It is very important. Greed begets poverty. In such highly volatile instruments as in any other cryptocurrencies, sooner or later the time will come for the evaporation of the object of faith of fools (the disappearance of the project). Therefore, it is very important to always cash out part of the profit. Work the rest of the amount by increasing the working volume with a complex percentage. And from here the big next potential profit. Remember, no matter how much virtual money you earn on the exchange, without converting into real money, your profit is always zero A similar coin with such volatility for making real money in a short KIN time. + 111% + 140% + 80% + 160% The work is similar. I showed all movements in advance on this coin, all in related trading ideas, I will not repeat. Kin profit for 3 months of work + 111% + 140% + 80% + 160%. Do not be theorists, but be practitioners. A theory without practice is zero. Only the "weight" of your deposit matters. Everything else is "water." I also emphasize that most of the crowd is waiting - lazy people, they have always been, are and will be outsiders. This is fuel. Do not be him. More information about the trading and not only in my telegram channel SpartaBTC.
Education
by SpartaBTC
4
BTC% dominance When is the pump season? The Dragon. ABCD PatternOn the% chart, bitcoin prevails in the cryptocurrency market. I followed a little over a year. All the key movements during this time I predicted. This percentage of bitcoin dominance is very much related to the transfer of altcoins. Each minor correction and decline in dominance is accompanied by a shot on average 30-50% of altcoins. Some overt fraudulent altcoins with little market capitalization will then be pumped up by a larger percentage. But most continue to "die further." Therefore, it is very important to use this period in your trade. You also need to work with those altcoins in which there is a “presence” of a major player. The principle of using BTC% dominance is that the higher the dominance, the greater the “cry of altcoins”. This dominance chart can be used as an indicator for the rise / fall of altcoins. The real long-awaited long-awaited “altcoin pumping season” will begin only when the bitcoin dominance% is below 62-63%, and there is a clear downward movement, the beginning of which we have after the arrival of the rising wedge. An increase in dominance above 72-73% will mean the death of the not yet completely “dead altcoins” (complete surrender of the altcoin market). According to the trading chart of bitcoin dominance. There was an upward wedge (bearish formation) that was broken. Now the Dragon figure is formed, or rather, the target tail of this pattern. The downtrend line (Dragon Ridge) has been broken, now the dominance of% BTC is above it. It is worth noting that after 3 days, BTC is divided in half. If in the future we will see the development of all target zones of the “Dragon tail”, then the high probability of the formation of a harmonious pattern AB = CD (part of the ascending channel). I showed important pivot zones on the chart. My past idea is about this analysis tool. When is the season for altcoin pumps? BTC dominance July 23, 2019. Soon pump season altcoins? Head and shoulders. Inverted Dragon. Nov 16, 2019 Bitcoin dominance Formation of an ascending wedge before halving Jan 8 2020 Comparison of trends. BTC domination - halving + LTC - halving. Jan 8 2020 Breakdown of the support of the rising wedge. February 6, 2020 The situation is now. As we see, after breaking through the support of the rising wedge, the% dominance began to fall and moved from the rising to a pronounced lateral movement. About the figure of the Dragon. Read in this training idea: Dragon figure. Formation. Structure. Target. here is my trading idea with the potential formation of a dragon figure. Coin BLZ BLZ (Bluzelle) Dragon. Potential. Channel work 45% Full take of the target area of the tail of the Dragon + 80% In this tutorial, you can read about the AB = CD pattern. Which could potentially form if all of the target areas of the Dragon's tail are taken. TRAINING + WORK Harmonious drawing ABCD + "Three movements" BAT Notice how the price behaved on this trading idea. The downward movement continued, but the support was not confirmed, but made its way. Therefore, there was no entry point. It is desirable that this occur in% of BTC dominance. I think the desire is clear. Remember, here the opposite situation is an expression of a downtrend, the better for us. How it will revitalize the altcoin market. Trading is not an easy path to easy money. It is open to all, but not all of it will pass ..
CRYPTOCAP:BTC.DEducation
by SpartaBTC
4
EDUCATION + WORK Harmonious pattern ABCD + "Three movements" BATI wrote a series of articles on harmonious patterns. On the coin, which I trade from time to time for about two years, a harmonious ABCD pattern is now formed. I decided to publish the information here on the site. I combined a teaching idea with a trading one. Immediately I showed the options for working on a coin, so as not to spam trading ideas and spend time on it. Below I will describe in detail. First, on working on the tool, and then below I will give a little training material. I’ll cut the text as much as possible, as I understand that people don’t want to read a lot of text, for some people this is an overwhelming task)))). On the chart itself, I showed potential movements depending on the retention / breakout of local support / resistance levels. ______________________________ 1 work option. The price has almost reached point D, which could become a potential pivot point in this local movement. ABCD is nothing more than part of the movement in the channel. Channel width 100%. Therefore, in case of confirmation of point D and a price reversal, the potential first profit is + 100%. If this happens, then the ABCD pattern is reorganized into a harmonious pattern of "Three movements." I have shown the areas of potential reversal and observation on this chart. 2 option work. A variant of work if the ABCD pattern is not confirmed and point D does not become a price reversal zone. The formation of a triple bottom. Pivoting bullish shape. The downward stopping zone I showed on the chart. I doubt that it will be pierced, how this will ruin the canvas for the work of the "artist" in the future. To an important zone of resistance and confirmation of this figure + 100% Full working out of the figure triple bottom + 300%. Option 3 (unlikely) If the price breaks through the support zone (green area) and is fixed in a downward movement below it. Then you should forget about trading this cryptocurrency and "turn gray on the fence" until a good entry point appears. But even in such a situation, when they will do a "trick", you can partially take the movement + 40%. Note that in any movement options with the correct entry points (reversal zones), the risk is minimal, the profit is maximum, both locally in movements, and is possible when the trend develops and in the global one. ____________________________________ The previous trading idea for this coin in this pair, which gave + 40%. Actually now, as in the global price forms a symmetrical triangle , this downward movement is nothing more than a pullback after breaking the triangle up. The result after a while + 40%. The same coin is only a trade for bitcoin. BAT / BTC Fractal 2019. History repeats itself. Potential + 180% And the result is + 40% and now rollback. Notice, everything goes according to the fractal plan. ___________________________________________________________________________ LEARNING MATERIAL on the theme of harmonious patterns ABCD and "Three movements". 1) ABCD pattern. This is the simplest version of a harmonious pattern. Nevertheless, the figure is an important brick on the way to understanding the principles of constructing harmonic figures and, moreover, is part of most of them. ABCD is a reversal pattern foreshadowing a change in market trends. That is, the figure helps to predict when the price ends the growth and prepares to fall, or vice versa, completes the fall and prepares for growth. A key feature of the pattern is the symmetry of the AB and CD knees. The figure begins with a rise or fall in price on the segment AB. The BC segment is usually a sharp correction, the size of which should fit in 38.2% - 88.6% of AB. Ideally, the size of the correction should be from 61.8% to 78.6%. At point C, the price reverses and continues to move parallel to segment AB. In this case, point D should be in the range of 113% - 261.8% of the knee BC. The main rule is to observe the symmetry of the pattern. Ideally, the length of the elbow CD should be fully consistent with the length AB. That is, it means matching both in time and in price. Rules for trading a pattern: 1) The length AB should correspond to the length of the CD. 2) The time it took for the price to go from point A to B should be similar to the time from C to D. This harmonious ABCD pattern has two varieties: 1) Bearish pattern. 2) Bullish pattern. Bearish ABCD pattern gives a sell signal. Bullish pattern ABCD gives a buy signal. TNT / USD 1 day. Harmonious bearish pattern ABCD. ETH / USD 1 day. Harmonious bullish ABCD pattern. In real trading on the market, there are a variety of variations of this pattern. But, it’s a good rule to observe the corresponding sizes of AB and CD corrections, since it is much more difficult to trade an asymmetric pattern. Asymmetric, incomprehensible patterns are better to skip. If I trade such formations, then without a Fibonacci grid, I do not need it. I already see what she has to show. In most cases, this is a working analysis tool and at the beginning of your analysis you should use a Fibonacci grid. In trading these formations, I use strong support / resistance levels, the symmetry of this formation and healthy logic in the calculations. Tradingview has a template for this harmonious ABCD pattern and the "three movements" pattern. This simplifies the work and makes it possible to quickly search for this formation on the chart. ______________________________________ 2) Model of the pattern "Three movements". The Three Movement model is a fairly well-known pattern. Its analogues can be found in wave analysis (diagonal triangle) and the book of Linda Raschke (three Indians). It is very reminiscent of ABCD, as if a continuation of this formation. This is a price movement in an upward or downward channel. In the framework of harmonious trading, we consider this model taking into account the Fibonacci ratios. In the classic version of the "Three Movements" pattern, it is provided that movements 2 and 3 complete on projections 1.27 or 1.618. Correction of movements 1 and 2 - at the levels of 0.618 or 0.786. In the real market, models with ideal proportions are quite rare. Therefore, if you want to really earn money, get used to the fact that book "idealized" patterns in the real market are very rare. You need to be able to trade what is, and not what you want. This model has a greater predictive property if it is in the expected end of the trend. Typically, the formation of the “Three Movements” is a signal that the market already does not have enough strength to continue the trend and perhaps the beginning of at least a correction. This harmonious Three Movement pattern has two varieties: 1) Bearish pattern. 2) Bullish pattern. LTC / USD 1 day. Harmonious bearish pattern "Three movements" (ascending channel). In the example, we see that the upward trend price has broken, which triggered a trend reversal. ETH / USD 1 day. Harmonious bullish pattern "Three movements" (downward channel). As we see, the next correction wave reached the resistance line of the downward channel. The target is taken. Learn to “predict” a more likely future. Always have different options for your work in a given situation. Work according to the basic plan, based on the situation that is being implemented. In order to trade in a market in which the deposits of most traders are destroyed, you must have vast experience, and be a whole head taller for the rest.
Education
by SpartaBTC
3
Continuation patterns - Bitcoin forming a Bear FLAGA trader can spot trend extensions with the help of bullish or bearish continuation patterns, which occur in a variety of easily identifiable shapes, some of the most popular of which are known as bull and bear flags. A bull flag is appropriately spotted in an uptrend when the price is likely to continue upward, while the bear flag is conversely spotted in a downtrend when the price is likely to sink further. (While the implication of the pattern is far more important than its name, the “flag” terminology derives from its visual similarity to the fabric you’d see hanging outside a government building.) Each flag pattern consists of two main components: the pole and flag. The “pole” represents a strong impulsive move (higher/lower) and is backed by a surge in trading volume and the subsequent pause or consolidation the “flag,” which looks like a falling or rising channel. The flag pattern can be invaluable for a trader in that there are clear points of success and failure to profit or mitigate risk from. If resistance breaks in a bull flag, the trader can be confident price will continue upwards roughly the length of the pole (popularly known as measured height method). If support of the bull flag is breached, the trader knows the pattern is invalid and continuation is unlikely. The exact opposite is the case for a bear flag. Is this method 100% safe? Bull flags and bear flags can be a trader’s friend in strongly trending markets, but they do not always perform as advertised. In some cases, the pattern can present a trap known as a “false breakout” when price breaches the boundary of the flag and quickly retraces. Waiting for a candlestick to close outside of the flag tends to add credence to the breakout, and can help the trader mitigate risk. As a trader, you would want to avoid betting or punting on an asset price if the bull flag breakout of bear flag breakout is not backed by strong volumes. A low volume move usually ends up trapping investors on the wrong side of the market. Further, using indicators like the Relative Strength Index (RSI) to gauge scope for a rally following a breakout can help boost traders’ success rates. If you like it, please support it liking and following! Thanks!
GEMINI:BTCUSDEducation
by aleex5893
7
Roller Coaster Indicator Suite, Futures, Forex, Stocks & CryptoA look out our Roller Coaster Indicator suite using examples of forex, stocks, futures and cryptocurrency. Highlighting the need to understand trade size when comparing risk to reward. Also how to identify the best time frame to trade for the instruments that you trade. This Roller Coaster Indicator suite has an 83% win rate and uses a Stochastic/MACD Cross with special EMA points of control for entry and trade management. Again, they key is find the sweet spot with regards to the best time frame to trade for each currency pair, stock, futures contract or crypto instrument.
TVC:GOLDEducation
by xBratSoftwareSolutions
STAR TREK CAPTAIN JEAN-LUC PICARDCaptian Jean-Luc Picard is a character from the series Star Trek. He is many Star Trek fans favorite Captain because of his combination of class, wisdom and wit. This particular statement was spoken to the Android Data who was failing in his attempts to be more human. Tim has found this encapsulated his early trading experiences to a tee. Early in Tim's attempts to be a profitable trader he traded index futures. He had his strategy and was paper trading. He would get four or five winning trades in a row. He felt he knew what he was doing and felt he was ready to try real money. So the next trade setup he took on his real money account and lost, so he returned to paper trading. This cycle repeated itself several times. Losers are part of the statistical game in trading. If he stuck to the real money account those paper winning trades would have been real money winners. These winners would have easily offset the losers. The whole time he felt he was making mistakes. If he did it right it should have been a winner. Understand this, you can get all the rules right and still lose a trade. That's ok, that's life. That's trading. Trading is never a sure thing, it's always about statistic and probability. Just because you had a loser doesn't mean tht you did something wrong. Just because you had a winner doesn't mean you did everything right either. The important thing is to follow your strategy rules, your trade management rules, your risk management rules. If you followed all your rules then you did it right, winner or loser. Trading Maxim's help control your emotional impulses and keep you on the straight and narrow path. A maxim is a general truth fundamental principle, a rule of conduct or a proverbial saying. The purpose of Tim's Maxim's is to motivate you to discipline and trading as well as other areas of your life. We suggest that you start your own list of Maxim's. Things you can say to yourself while you are trading or doing life to make sure you always do the right thing. Feel free to borrow from Tim's list.
COINBASE:BTCUSDEducation
by Tradingstrategyguides
Bitcoin update : Elliot wave and confluence zoneHello fellas, How are you doing today? I hope you're doing great. welcome back with me with today's technical analysis about bitcoin. Yesterday's rally was so beautiful with around 6% surged to the upside. So, let's see where will the price heads in the near future. Looking at the chart, This is my best elliot wave count for bitcoin. we can see that the 1-2-3-4-5 structure is the impulse wave for A wave in higher degree and on current price, this could be an A structure to complete the B wave in higher degree and therefore, we're looking for C wave structure in higher degree which in my opinion will be another leg down for bitcoin. And I want to remind you that currently the price is still trending on around the WXYXZ corrective pattern since the end of this year's parabolic move since June 2019. and this ABC structure will complete the Z wave to confirm the potential bottom of bitcoin. There are 2 areas that I consider as a major resistances in this current move for bitcoin. The first area is the confluence zone of the $7800 - $8000 region which has an alignment with previous broken support, 38.2 fib level, and the median line of the down trend channel which I believe will become a big boundary for bitcoin's next rally. And the most bullish scenario that I can see for now is if the price can break out of the 1st confluence zone, I will look at the 2nd confluence zone (around $9000) as the potential top for this move, it's roughly the golden pocket zone and it has the confluence with the end of the 1st impulse subwave in A wave and the upper line of the down trend channel. However, as long as the price is still trending inside this down trend channel, I won't expect a bullish bias. Breaking out of the upper line of the channel will confirm the next bullish bias in long term.
BITFINEX:BTCUSDEducation
by julio24albert
1
TEZOS WATCH (visual demo only)Market may be making some big moves, it is at a point where it usually bounces off the 200 EMA line on the 105 view. If market bounces off at usually spot, I am not convinced any bounce here will be significant to the upside due to channel formation that should eventually break to the downside in my opinion. Also a double top formation is another possible prep for a reversal. Market is new to platforms and typically when an altcoin comes into market and generally heads up, it tends to eventually break down and often to make new lows in comparison to the beginning of it's market cycle. Watch market closely, if you're in Tezos buy, consider your exit and/or sell entries. Channel formation best view 12hours. Best to observe 200 EMA on 105 view to observe market bounce off from this. Other EMAs in use are 50 and 100. All ideas are for informative purposes only, trade at your own risk.
Education
by Dani0
OSTBTC - How to find the breakout in a sideways marketHey everyone! One of the biggest ways to increase your risk exposure is to enter a market just a bit too early and catch that last (much needed) sweep of weak hands before finally moving up! Consolidation breaks provide great Risk-Reward-Ratio, with an impulsive break sometimes declining a second chance with a retest of what was previous resistance now turned into support and we are left with our hands empty. Well, that's not a great deal.. What we should look at is the general price action: generally, we want to look at symmetrical and ascending triangles before these long consolidation periods are broken. Then look at them more carefully: when is the main volume coming from? Are the buy legs steeper and more impulsive than the sell legs? Let's take a look at the beautiful chart above: look at those huge green candles - that's buyer interest right there. You will not see these type of volume candles in a market where sellers are in control. Also note that the top part of the symmetrical triangle is being tested and a close on a high timeframe could mean that we are ready to move further up. Hope you are able to spot this structure next time you look at a chart! Take care, Vlad The Crypto Trader
OEducation
by Be_Independent_Tribe