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Simpletrading

Did you see this too? The simplicity of identifying tapering!This is the most basic I could do to show you all how simple it can be to identify good trade opportunities. It all starts with building the story and from there... well you've got the keys to the kingdom! For those who don't like that I'm doing this after the fact - please see all of my other videos which identify these trade opportunities (like this one) before they happen. Hope this was helpful! Happy Trading :)
NYSE:MALong
by ReigningTrades
Similarities between Bitcoin's rising channels (950% gains?!?!?)This idea is not fancy. It is simple textbook chart formations such as flagpole targets and rising channels. Many people's first indicators that they learn are the MACD and the RSI. Next comes the use of divergences with the indicators and oscillators. This chart is basic enough to be in the introductory section of a trading textbook. While it is undeniable that we have higher highs and higher lows the chart below shows that that compared to last time the higher high was not as high, comparing almost 20% in the 2020 higher high to only 6.3% in the 2021 higher high. What is nice for the bulls is that the higher low we have put in so far in 2022 is 18.8% higher then the comparison low in the channel while in 2020 it was only 11.25ish%. So the high is not relatively higher but the low is relatively lower. Hopefully some wonk in the comments can tell us which performs better, is it better to have higher highs, or is it better to have higher lows? Regardless, the targeting and stop loss/trade management is pretty simple. For full performance just see the chart below. It does not get much easier than that. My linked idea about the XABCD butterfly will show a higher up target but that may take a while to reach. We already had a year of sideways and if we hit target with over a 9x who wants to be greedy and hold open a position for perhaps another year? The black flagpole target helped define a significant area for over a year and a half. I assume that if the $440,000 gets met that will likewise be a significant area for a long time. I, however, won't be in the game as I like my XABCD butterfly target of $375k much better. I, also personally, am not going to be doing a whole lot with btc as a trade, but I will be using it to determine where I think the market may stall and reverse. I have my positions and trades on in my preferred alts.
BITSTAMP:BTCUSDLong
by This_Guhy
6
Nice Short From Resistance LevelA simple trade; Met with daily resistance from the channel's resistance line. The candlesticks are being more than generous this time by showing their act. A good short, increase the stop loss a little more if you want to be more conservative, avoid any RR below 5. Don't go for the take profit near the support channel line because the price can bounce back to a supply zone from the white rectangle as the demand is strong there. Avoid risking more than 0.5% on the trade, apply a good risk management rule. I will try my best to increase our capital by 10% per week. Let's see how it goes.
Short
by VeerForex12