Bitcoin Forum

Hello All,

In this thread I'm going to detail how I trade Cryptocurrency.

I've been trading Crypto for the past 6 months with pretty decent results.

The strategy I use is based on a culmination of different techniques and knowledge I picked up in my time trading the Forex market, which is what I traded before moving to Crypto at the beginning of the year.

There are two parts to the strategy.....

The first part is what I use for day trading.

And the second part is what I use when a large rise/bull run is taking place.

You can learn how to use both strategies on my site (see below)

Both strategies are simple to trade but require some explaining, so I'll be posting pics and doing analysis of different trades to help you understand why I took a trade and what you can do to begin doing the same.

Lets get to it.

P.S I've also started a website that has free information on Cryptocurrency trading.

https://www.cryptotradingschoolonline.com/ (https://www.cryptotradingschoolonline.com/)

It's a new site, so there's only a few articles and things on there at the moment. But I'll be adding more articles to it in the near future, including ones that go into more detail on the techniques you'll see me use in this thread, so keep an eye open for them.

Also, if you have any questions about trading or would like help with anything you can ask me on the thread or email me at liamcrypto123@hotmail.com

Wonderful work mate.

You have a wide range of trading knowledge and good to see that you are sharing it. I browse at your site and all I can say is, you really put an effort making it easy to understand especially for newbies. It's well detailed and doesn't really need an improvement a bit.

Keep it up. :thumbsup:

Thanks a lot Harizen, I appreciate it mate ;D ;D

I haven't seen anything that would be so useful in this forum for a long time. It looks like a simple and useful strategy and I will surely try it. Thanks for sharing this strategy with us and I hope you will reach the summit you want in the future.

Okay guys, here's what I'm looking for on BTC......

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-29/7f19c660-d946-49ea-a32d-1d8c92750963.png


Today we saw the price drop into a buy area. This area was created by the whale traders buying, and there's a very high chance we could see the price reverse out of it back towards the resistance level either tomorrow or later on this week.

The point you need to be watching is just below the candlestick I've marked with an arrow.

The wick on this candlestick was created by someone - possibly a whale trader- buying Bitcoin. If that's the case, which I think it is, we'll probably see the price reverse soon after it falls below the bottom of the wick. When it falls below I'll be watching the candlesticks to see if they indicate the price is about to reverse and thus, if it's a good time to buy Bitcoin. Multiple candlesticks with big wicks on the bottom will be a good sign, as will large bullish candlesticks that are significantly bigger than the preceding bearish candlestick (I'll show you an example of what I mean by this later).

It's impossible to say what will happen beforehand, so we'll just have to monitor the situation - hopefully it doesn't reverse when I'm bed, that'll be a bummer  :o :o

That's a good initiative. I'll surely tae your learning course. I trade something little although not that much but it'll be goodnfornme to increase my knowledge. Good job.

Similar situation on Etherium......

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-29/bccfc902-b00a-426b-9fd7-80eefecb7498.png

Again, watch for a reversal in the buy area. Candlesticks with big wicks and large bullish candlesticks - candles that show a large increase in price - indicate a possible reversal, so keep an eye out for them.

If we see a strong break through the buy area a drop into the next buy area at 166 to 174 is highly likely, as that's the next point where the whale traders - the people who control the price - bought a ton of Etherium.

BTW: A big bullish candlestick has just formed on Bitcoin the 1 hour chart. If we see more of these it's a good sign a reversal is about to take place, so keep watch.

Off to bed, catch you guys tomorrow.

I appreciate this. I really want to understand the ins and outs of trading and will appreciate more if there would also be examples for an altcoin biggie. because for the longest time, I have been dependent on crypto signals only to grow tired of it as some radically creates a false hype. this time, I really want to dig deep in trading. Will keep an eye on this thread.

Any knowledge that can be use to open mindset about trading and create real income is really needed. But at this moment many strategy fail and create many stress and bankrupt people. I'll make time to visit the web and see what happen if I follow your strategy, using practice of course.

Good analysis.

Its a suport/resistence trade strategy.

For The actual range market its serves The purposes.

Just keep it simple and you Will do great works

Maxpips, what a great stuff you have got on your site and the little explanation you made here too. I am into FX trading too and I am wondering if you have a telegram group for that? You know, telegram is the modern Speed Post and it's more convenient for passing across information. Kindly pm me that (or put it up here) if you do have.

Hi.
We've noticed a dependency on prices upward above $6500 and volume above recent average.
We also believe sudden downs like today's will bounce back during this week.
We have weekly analysis of Bitcoin prices in videos https://www.youtube.com/watch?v=LKwIAy3Ms1s

Sound good to learn how to trading with newbie like me, so what is your purposes give this knowledge for free to people?

Yeah like email thing is still consider as snail mail, imo. Drop your telegram channel so many can reach you easily.

---

Honestly, I'm not a big fan of this like I didn't trust anyone but surprisingly you got me by your well said explanation while seeing the turn around of the market I can say that everything turn a fact. Sure, I keep my eyes here.

I guess he's giving us a hand.

Thanks for the replies, guys.

We've seen some interesting structure form on BTC and ETH, which I'll go over in a minute.

First, let me answer your questions:


Sure thing, Congres. I mean, I don't really trade the low market cap alts - sometimes I'll do a trade or two - but I'm happy to take a look and give you my thoughts on where they're headed.


Okay Yanto. Just remember, the strategy on the site works best when a Crypto is trending. It doesn't work well when it's moving slow like it is now, so it might not give you good results. Right now it's best to trade using the information and strategy I'll teach you on this thread, as it works much better in the current market conditions.

Malandro - Thanks for your comments.


Thank you Mpamaegbu. More stuff will be on the site in the coming weeks. I don't trade Forex anymore, apart from the odd trade here and there, but I'm happy to give you my thoughts and analysis on any of the pairs you trade. Telegram? I never heard of this before. Is it like social media or something?


To try to help people actually get somewhere in their trading. Most people lack even a basic understanding of how to trade or have a trading strategy that can make them money. I thought with this thread and my site I can at very least get people trading in a structured, disciplined way that gives them a chance of making money instead of just gambling it away, which is what most people are doing now without even realizing it.


Glad to have you on board Crypto Girl.

Guys, seriously, what is this telegram thing you're talking about? I've literally never heard of it until now. Is it like an instant messaging service? I've got no idea what is lol :D :D. Any help would be much appreciated.

Thanks for sharing your trading strategy and technique this will be a big help for newbie traders like me here in crypto market. Continue to share and be a blessing to others.

Can you teach me? I am not very good at trading, more hodl because market prices have dropped far now. Is there a telegram that I can contact?

No problem Letica, I'm sure you'll find this useful.

Anyway, here's my update on BTC.....

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-30/a5075b6d-9457-4a08-8430-02ba0b23427b.png

So last night we saw a large Bullish candlestick (green arrow) form close to the point where a Whale trader may have purchased a large amount of Bitcoin. The appearance of this bullish candle is further evidence we may see a reversal take place from near this point in the near future. It doesn't mean the price WILL reverse, but it does make it more likely.

For now, we'll have to wait for more structure.

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-30/5319f6d0-5a1b-4b35-b3e6-f7d3582ac2ac.png

If you look on the daily chart, you can see why Bitcoin has a really good chance of reversing from the buy area.

6 major reversals caused by the Whale traders buying Bitcoin have taken place from prices very close to where the buy area is located. If the whales who caused these reversals to occur are still holding their Bitcoin, they CANNOT let the price fall far below the points where they bought (the low of the candlestick wicks), otherwise they'll be forced to sell their coin at a loss.







http://

I guess the strategies he gave most of us here really provided many new traders a brief overview on how to become successful in the future of trading career. Not all who been posting here were trading, but randomly bounty hunters could read the topics like what our mate shared with us lately. All the resources is helpful and I do hope our mate will continue doing this with dedication and perseverance.

I think these are just normal strategies as ordinary investors. Because the sites you set up do not return accurate information and when calculating parameters, things are easy to be inaccurate and can not make a profit. I think you should come up with an example strategy for combining newsletters on the web. That's what everyone needs.

Maybe you think this is something that is usually done by professional traders, but not for a beginner. And I think your request will be given by the OP because this article isn't finished here.
For OP, I will read this article, and will study it, please continue giving your best trading methods and strategies here.

Keep an eye on Ripple, guys.....


https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-30/4e250185-7b84-40a7-be9b-57eb69f17f17.png


It's been moving higher since the 26th but today has dropped slightly.

It's now resting on a support level - a point where it's likely to start moving higher again.

If candlesticks with large one sided wicks - such as the one I've marked with a green arrow - begin appearing or large bullish candles start forming, a reversal up to the sell area might be imminent. If you do buy make sure to place your stop loss below the most recent LOW.

BTC update......


https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-30/a9a88251-0db8-44ab-b92c-c41574b57521.png

A reversal candlestick has just formed on the 15 minute chart of Bitcoin.

We could see the price rise back up to today's highs over the next few hours.

Watch the 1 minute and 5 minute charts for possible entry (Make sure to put a stop below the low of the reversal candlestick if you do buy).

Yes, these are normal strategies but the question is,would you able to utilize it? I do prefer on doing trading with having these technical stuffs rather than
on blindly making decisions without any corresponding tools that have been used.I already convinced myself that there were no technical stuffs or even fundamentals
that would give you a precise prediction on where would prices would go but still I do appreciate on what OP is trying to give out.

Thank you for sharing  your strategies  this can really  help  especially like  me  newbie  in trading   ;)  looking  forward  to your  website  hope you'll  post  more about  trading strategies  :) keep it up.

This is simple to use for someone like myself who's not established in trading and I hope if you can continue to add more content to your site you'll keep it free. If people are able to follow your guidance and profit then I'm sure they'd be willing to compensate you in some way. Kudos to you.

Just wondering how can you call yourself "Professional" trader (no pun intended). A serious question. Is there some form of degree for that or just alot of experience? We appreciate this kind of trading education for the newbies who also would like to learn more about decent trading.

No, no degree aha. Just a lot of experience with trading and investing really.

Update from BTC earlier......

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-30/1b8e74a1-9d81-4c1b-8ec9-d3b35bd458fe.png

Bought at 6255 stop loss at 6240.

Could be a major reversal if the zone gets broken, lets see how it plays out.

Off to bed, cya.

hello ... can you help me predict the doge coin, I'm stuck at 74 satoshi, when the doge chart looks up, thanks in advance.

Category of professional trader is they can make profit monthly in consistently,  so far I can not reach it.  When  bull market  I was make a lot profit but in bearish market I loss so much.  I keep learn from this situation,  and finally I know all my mistake.  In my opinion the most important thing in trading to minimize the risk is use stop loss for all open position. 

Lol are you serious? Haha. It's a messaging app that let people reach you. More likely crypto folks are using this to communicate easily.
Try to download here, whether you're using a desktop or mobile phone.
https://telegram.org/apps

Get back to us and drop your telegram username so we can have some chitchat. ;D

Just finished a new post about swing trading, day trading and position trading.

You can find it on the site now.

https://www.cryptotradingschoolonline.com/ (https://www.cryptotradingschoolonline.com/)

I'll get back to you guys in a bit, just gonna take a quick shower.

You are a professional trader.Now I am also learning some techniques to make me professional.Because I am still lacking in trading.thank you for your sharing.

No problem, daviidalpert.

I'll be detailing a strategy that's better suited for the current market conditions in a few days time, so keep an eye for that.


This is the first I've ever heard of it lol. Must be a Crypto thing ;)

I'll take a look at it once I've put my analysis up, some interesting things happening today.

.

I can give you my thoughts and analysis.

I can't predict or 'tell' you what the price will do but I can give you my best guess.

Are you holding a position open now, if so, from what price?


That's the thing, it's easy to make money when the market keeps going up and up like it did last year but when it falls it becomes much harder, unless you start going short on margin - which can be pretty dangerous. Don't worry too much though. I think we'll see some sort of large rise begin either December time or early next year. A lot of large banks and institutions are thinking of entering the Crypto market. If that happens a huge move high is guaranteed, maybe not on Bitcoin but definitely some of the other Crypto's.

This is arguably one of the best threads on this forum at the moment. Trading strategy and knowledge is highly needed by those plan to remain in crypto long term, especially in these times when the market isn't what it used to be before. I do little of trading, so any piece or website that broadens my knowledge in trading, I do not joke with them. I'll definitely be bookmarking this thread and digest every piece on your website. Good job man!

About the Telegram app, I think you should setup one for quick chitchats and please drop a link here when you do.

Thanks Bawnsugar, glad to have you on board.


BTC Update.....

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-31/255b35c1-fbc0-4584-9d8a-4d84017d8b0b.png

The price wasn't able to break through the zone it raced into last night (I ended up selling at 6271 for a 16 point win) instead it fell back towards yesterday's lows, but today has recovered somewhat and is now in between yesterdays low and high.

At the moment it's difficult to tell what the price will do.

A large bearish reversal candle formed 45 mins ago but that seems to be countered by the bullish reversal candle that's just formed, so I'm not sure what we'll see happen. I do think a move back into the zone is more likely than a drop, though. We'll have to wait and see.

If the price does fall, watch the new buy area for signs of a reversal.

This buy area is found between 6210 - 6250 and has formed as a result of three reversals all taking place from similar prices, which is often a sign of the Whale traders buying.

If the price falls into this area and then starts showing signs of a reversal e.g large bullish reversal candlesticks and candlestick with large wicks on the bottom start appearing, it could sign a reversal back up to the zone will take place, so keep watch.

Here's my thoughts on Dogecoin Dmty.....

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-31/44721a01-c597-45c5-8250-330baf604af8.png

On the 25th - 26th October some entity (probably a Whale trader) decided to buy a ton of Dogecoin, as evidenced by the fact that a huge rise took place after the price had been falling for ages.

Them buying has created a buy area which I think has a high probability of causing the price to reverse.

if I were you I'd watch for signs of a reversal when the price enters the area.

Large bullish (green) candlesticks are a good sign as are candlesticks with large wicks on the bottom, so if you seem them get ready, because a reversal might be imminent.

Also, if you do enter make sure to put a stop loss below the bottom of the area, because if the person who bought all that Dogecoin to cause the rise is still in his trade, he won't want the price fall far below where he entered, which is inside the buy area. So having a stop just below the area is a good idea because if the price breaks the area it's a good sign a reversal won't be taking place.

If the price does reverse the first target will be the sell area, as that's the last know point where lots of people wanted to sell, so if it comes back there those people might want to sell again.

I'll keep you updated anyhow.

BTC Possible Reversal?


https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-10-31/c692da8c-eae6-4d50-85a8-f64e0f8bc747.png

Bitcoin is now inside the buy area I mentioned earlier.

A reversal candlestick has just formed on the 15 minute chart and could signal the beginning of a reversal back up to the area the price failed to break through last night.

Monitor the situation closely.

such a wonderfull work this is and it is greatfull to all trader along with me. I visit your web page and I read your all article and I am totally impressed your work. its so potential for me when I will be a trader.

Thanks Simu.

BTC reversed as expected.

Bought at 6224 after seeing the reversal candlestick form on the 15 min chart, then added at 6270 after seeing another reversal candlestick on the 5 min chart.

We could see a move up to 6412 in the coming days.

I'll go over it in more detail later.

Nice job dude! I hope that this will give me a lot of insights about trading crypto and would help me a lot in my coming years trading it.

Trading is really all about the knowledge and information so if you are lack of knowledge try to increase your skills and your information related to trading, now a day there are a lot of sites who are sharing good knowledge about trading, it is all about having skills to deal with the problems wisely such as price fall and a few more minor issues.

BTC: HUGE Reversal Could Be Start Of New Bull Run......

A few hours ago Bitcoin dropped into the new buy area I said could cause a reversal to take place earlier this afternoon (see my 12:13pm post).

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/99b2f4e3-94aa-4bd6-b39b-904064d20559.png

As expected, a reversal did take place, but it was much, much bigger than what I thought we'd see.

It started after a reversal candlestick with a large one sided wick formed (these candlesticks usually indicate the price is about to reverse, though not always) which I what used to place my first trade.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/d0530143-b4c0-454b-9b79-3518c7489af9.png

A big rise pushed the price into the zone that caused last nights drop and then another reversal candlestick formed on the 5 minute chart, which I used to add to my position.

Note: If you see a reversal candlestick this small DON'T BUY and don't take it as a signal the price is about to reverse. The candles that usually cause the price to reverse have long wicks like the one that caused the reversal to begin (see previous image). I only bought again on this tiny candle because I was at a much higher profit than what I expected. If it wasn't for that, I wouldn't have bought.

After the second reversal candle formed, another large rise caused the price to break through the zone completely.

The price has now fallen slightly as traders/investors take profits off their trades, but I think we could see another rise push the price up the source of the October 29th drop either later on tonight or tomorrow morning.

The point to watch now is the area between 6265 - 6285.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/a05a9fe0-bda1-4339-a4d9-562f80dfe1ea.png

Usually when a sharp rise like this takes place the drop caused by traders and investors taking profits tends to end around the point where the previous high formed.

If you look at the image you can see the 6265 - 6285 area encompass the previous high broken by the rise as well as a small pause that took place just before the last big rise took place, which is another point the price often reverses at in these situations.

So if you see the price fall into that area watch for candlesticks with large one sided wicks to form and/or bullish candlesticks that are significantly bigger the surrounding candles, as these are both good signs the price is about to reverse.

This is really insightful and I learned a lot in this thread. I was planning to buy a laptop to participate in some competition trading and day trading. I will surely use some of these tips especially reading the graph on when to buy or sell. Thanks to you guy's.

Thanks for the topic, mate. I like your strategy and how you describing it.
Usually I learning several analysis of different traders (in addition to my own), you'll be one of them :)

Thanks guys. Got some good stuff coming soon, stay tuned.


Etherium and Dogecoin Update......


Like Bitcoin, Etherium and Dogecoin also reversed after falling into their respective buy areas.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/580f04df-4fe1-4a0d-8ee2-a7cad6167bc1.png

Dogecoin is currently rising toward the sell area created by the drop on the 24th.

If it makes it into this area expect to see some kind of drop take place.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/bdf5bae0-d590-419f-bcc1-e1410fa29d00.png

No signals to buy have come up yet (the signals aren't very clear on Dogecoin, due to how few people trade it) but keep an eye on the area between 1323 - 1224, as a drop and subsequent  rise out of there could occur before the price moves into the sell area.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/72734d25-038f-4e34-9a99-670c96d6b38c.png

Etherium isn't really doing much at the minute, it's just kind of meandering around and not going anywhere.

I'm not sure whether we'll see this rise continue up to the source of the drop. I think a fall back into the buy area or to the point where today's rise started is more likely than a continued rise.

We'll have to wait and see.

Very nice analysis there Maxpips! I read from 1st page to last and learned a few tips on when to buy and sell on both Bitcoin and Ethereum. Your site will surely get a lot of visitors with this kind of work. Do you think Ethereum will bounce back to its previous price like last year?

I think this has to do with trading based on some technical analysis, some of these analysis and strategies work momentarily but when real huge dips come, it will break all resistance and support. There have been some arguments that crypto do not obey TA and with some experience I think I agree. Apart from just using the candle sticks, the use of other singnal tools should equally help

Thanks Nydiacaskey.

Regarding Etherium, it's too early to tell to be honest.

I think a rise up 242 or around that point could take place in the near future, possibly by the end of the year, but a move all the way back up to last years highs is too far out for me to predict.

I'll keep you updated, anyway.


That's right Karlinz, the large dips will break all support and resistance levels. However, they won't break all buy and sell areas....

For example:

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/011134same.png

At the beginning of Bitcoins final big rise a buy area was created.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/011134same2.png

When the price crashed/dipped it stopped falling and reversed once it hit the buy area.

So while lots of support and resistance levels were broken by the crash/dip, not all buy and sell areas were.

I'll have my BTC, ETH and DOGE analysis up later, guys.

Not feeling too good today - got really bad flu - so it might be up a bit later than usual.

it's true that with information about this good trading strategy that can make us all able to do good and profitable trading in the years to come and so on

BTC Update......

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/01336same1.png

Nothing has really changed on Bitcoin since last night.

I still think if a rise up to the source of the drop that took place on the 29th is going to take place we'll see a reversal begin inside the green reversal zone, so monitor that area for signs of a reversal e.g candles with large one sided wicks and big bullish candles.

Both of my trades are now closed, I'll be looking for re-entry inside the reversal zone.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/01336same.png

There is a small zone on the 5 minute time-frame that could cause a small reversal too, so keep that in mind if you're planning on buying.

ETH Update......

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/01336.png

Etherium hasn't changed much either.

Since the big rise the price has just consolidated between the 197 low and the 199 high.

Keep watching the green area for signs of a reversal.

i am not a pro still but my strategy is  price action is simple practice as many times till you master it and start making profits from what you have learnt and then search for other things

That's the best way to learn, in my opinion.

Master one setup or strategy and then learn additional setups/strategies to compensate for losses and to even out the bottom line.

That pretty much what I did when I started trading Forex.

I started off learning about technical indicators then after a while I moved onto price action e.g candlesticks, support and resistance levels, trend-lines etc. Once I learned all that I began reading books on the mechanics of the market, like how people trade, where the banks and hedge funds (the whales of the Forex market) buy and sell, what being in a zero sum market means, stuff like that.

I've got some good trading books if you're interested?

They're not specifically for Crypto but the concepts and topics talked about apply to Crypto the same as they do for Forex.

Let me know if you want them and I'll send them over.

Here's a quick update on Bitcoin.

BTC: Moving Up To Yesterdays High.......

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/01840.png

Over the past few hours Bitcoin has risen.

This rise could be the beginning of a move into the area created by the drop (green area at the top).

If this is the case, watch for a reversal inside the bottom green area.

Also, if the price does reverse and start moving towards the top green area, expect to see a small drop when the price gets close to yesterday's high (black arrow) because usually the price will fall slightly either just before it breaks a significant high or just after it breaks.

There's no way to know which it will be beforehand, so just keep watch.

BTC Reacting To High

Bitcoin has moved up into the area I marked near the highs and is currently falling.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/bitoincw.png

A bearish reversal candlestick has just formed (black arrow), so we could the price fall into the bottom green area over the next few hours.

If this happens watch for signs of a reversal i.e watch for a candlestick with a large one sided wick to appear or a candlestick with a large body that's bigger than the prior candles.

Off to bed, I'll update you in the morning.

Strategy is very helpful to avoid losing money and newbie is really needed this. But not all the strategy that gives of others are really useful it depends on the situatuion when you will use it always be careful of getting startegy and better if you review first before you apply.

Of course the OP is just giving a guide here. They aren't saying you must follow the strategy to place your trade. So, don't get it twisted. They aren''t a financial advisor either. BTW Max, have you got a way through the telegram thingy. You can also get it on Google playstore from any Android phone. I saw that Cryptogirl already gave you link to the PC download.

No, not yet Mpamaegbu

I downloaded the app from the link Cryptogirl sent me but I ended up getting sidetracked before I entered any details. I'll try to get it set up today if I've got time, if not, I'll do it tomorrow - the market is usually quite slow on the weekend, so I don't sit with my eyes glued to the charts all day.

BTW: My real name isn't Max, it's Liam.

Maxpips is just a little nickname I came up with, it's not my real name aha :D.

Sorry for the confusion ;).

My BTC and Etherium analysis will be up in about 45 mins, stay tuned.

you have a really good knowledge in trading, ill contact you in email if I need more suggestion

You have a great outview and expertise in regards to trading,thats why you can elaborate even small details on how we can profit
Hoping that you will continue sharing your knowledge and strategies in future,ti must admit that this is helpful even in not so new here
What i see a problem is your sent photos since you are a jr.member it seems like you are not allowed to share some unless you are a copper member.try to figure it out for best results of sharing

BTC In Reversal Zone....

As anticipated in yesterday's post, last night Bitcoin fell after returning to the source of the large drop that took place on the 29th October, marked by the top green area.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/021247.png

Even though the price didn't enter the area, the fact that it reversed upon coming so close to it means the drop was still caused by the area.

The reversal candle that I mentioned last night (black arrow) didn't cause the price to fall into the area I said to watch for a reversal (now the green buy area), however, if the price does fall into this area in the coming days it could cause a reversal back to the source of the drop, so make sure you keep watching it.

The point to watch right now is the blue area.

The drop that began last night, whilst initially seeming quite strong - as evidenced by the large bearish candlesticks that appeared - lost momentum when the price entered the blue area, meaning the area has a good chance of causing the price to reverse back up to the top green area.

If the price does manage to make it back into the top green area expect to see another drop take place but only when the price reaches the outer edge of the area between 6398 - 6415.

That's it for Bitcoin, I'll get the Etherium analysis up soon.

Thanks siren, happy to help.

I'm not sure what you mean with posting images, I thought you could post  as a Jn Memeber?

It even says it here....

https://bitcointalk.org/index.php?topic=1172918.0

Am I missing something?

I am pretty impressed with what you are doing, which is basically what this forum should be used for when it comes to sharing of knowledge. You really have some straight to the point article on your website, and even with it being new, it looks pretty professional to me and I am sure will really go a long way, but basically the best thing about it all is the idea and knowledge you are sharing and great kudos to you, I must say. I will be looking forward to see what you will have to share, but so far, with what you have shared with BTC and ETH chart, i will say you really do have a cut out strategy and that is good.

Thanks for your kind words, Jostorrest.

Here's my Etherium analysis.....

Etherium Update.......

Like Bitcoin, Etherium also fell last night after it reached the source of the drop that took place on the 29th October.

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-11-02/4a2fee8e-d982-429c-aed5-ee892dce3883.png

The price is currently rising back towards the source of the drop (top blue area), and I think we could see it reach this either this afternoon or sometime tonight. 

If the price does reach the source expect to see a drop either to the bottom blue area or to an area around 200.00 price level - the price hasn't risen enough for this area to form yet, which is why haven't marked it on the chart.

For now, continue to watch the bottom blue area for signs of a reversal.

OMG! I thought I would never ever find some good read here. I see a lot shitposts, questions that has been repeatedly asked, as well as repeated answers in the thread. Thank you for sharing your knowledge. I am still at a grasping stage of learning and doing crypto trades, this will help me a lot especially for the newbies out there.

I am expecting some more. lol. Unfortunately, I want to give some token of appreciatin but currently I don't have one. :(

Ofcourse he is giving a Guide on how one can trade in this kind of market situatiomn without waiting for a full bullish mode which could take months. These are just giuidelines not financial advice.

That said, i would love to appreciate OP's initiative and the time he took to create this thread. I surely feel much better now with the extra knowledge i have gt from your explainations... Cheers

You have a good concern to your co- traders in this business industry, and its really appreciated for us that you shared this things dude.
But there are other things in the platform which are uncontrollable even we know how to read in the chart, which means most of the time the indicators is just a crazy things that are not accurate to read it. Therefore, not all all in the chart are necessary to depend on it but it should be depend on the actual case while in the platform.

You doing great man. You really know how to trade but don't exaggerate yourself too much. You said you have been a trader for six months, so I don't believe you are a professional already in that span. Maybe you have learned a lot but it does not mean you are a professional already.

Thanks Ranly.

I said I only traded Crypto for the past 6 months. I traded the Forex market for 5 years before that and also dabbled in stocks from time to time, that's why I said I'm a professional, since I've been doing this for quite a while - not sure if you missed that.


Haha, don't worry about it Insanerman.

Lots more information, tips and articles will be on this thread and the site in the coming weeks.

Is there anything specific you're having trouble with or don't know how to do?


Thanks Bitcoinnation.

I'll try to detail more of the buy area, sell area strategy over the coming weeks.

It's not the easiest strategy to understand, but I think I can probably explain it enough so that you can begin using it yourself.



That's true thunderblitz, there are lots of unpredictable things out of our control that can cause us to lose money. But the chart is the only factual source of information we have, so is the best tool we have for making money.



Quick BTC Update.....


https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-11-02/b623bd35-f163-4be0-bea1-02288e89b4fa.png


Bitcoin has just fallen into a new buy area created by the rise that started an hour ago.

There's a high chance we could see the price move up to the green area from this new buy area.

I'm long from 6340 so will be looking to buy more at this area.

Keep an eye out for candlesticks with large one sided wicks and bullish candles with big bodies on the 5 minute timeframe, as they both signal an imminent reversal.

I'll update you again in a couple of hours.

the strategy that you share is good to run. but maybe for beginners need a simple strategy, maybe a low buy and high selling system can be one of the good things to do for newbies. I appreciate the strategy that you are running and it is useful.

Well mate this is not true I am not agree with you actually because there are alto of thing that I was not aware of long ago about trading but now it is very easy for me to do as I got good information by reading the they share, this forum is for us and we should try to gain knowledge about what we want to know, I am really satisfied with the stuff we are getting know here, thanks those who are increasing our skills and knowledge.

See strategy will work only when they get some good experience towards the market because it is very easy to stay buy low and sell them at the high value. When it comes to reality it is impossible to predict the prices and which we can not able to do it fastly.

Thank you for your work and your website but why didn't you just used steemit or medium to public your content?
You could get paid in steemit for them , and your website has some issues like , the "top post" in menu bar is empty which is not good for SEO .

Thanks Pom.

It's not easy to come up with a simple strategy, at least not for the current conditions. When the price is trending, like it was last year, loads of different strategies work, like the crossover on my site for instance. However, when it starts ranging like it has been for the past few months these strategies stop working, so you have to use other strategies, and these are usually a lot more complicated than the ones you use for trending markets.

I'll have a think anyway, see if I can come up with an easier strategy for beginners.


To be honest, I never knew steemit pay people to post. I thought people just posted because they wanted to, didn't realize some were being paid for it. Even so, I'd rather have own my site where I can post and control the content than post on something like medium or steemit. Plus, you can do a lot more on your own site than you can posting on someone else's.

I didn't know that not having post under "top post" affects seo. I'll go and put one under it now.

Do you know a lot about Seo, I could use some help with it?

BTC Update......

A couple of hours ago Bitcoin dropped into the area I said may cause the price to reverse in my previous post.

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-11-02/b45fb8be-7cea-4d52-9822-ae6fde4e87a7.png

As you can see, the price didn't reverse at the area. Instead it dropped through, reversed for 30 mins, then reversed again, and is now falling towards the buy area I marked earlier.

This buy area is the new point you need to watch for a reversal.

I'm not sure if the area will cause the price to reverse, I don't think it will since the previous rise failed to break today's high - which is a usually (but not always) a sign it will drop quite a bit. However, I can't be sure, so keep watching the area anyway.


Etherum Update.....

The rise that started late this morning continued this afternoon, resulting in the price moving deeper into the area created by the drop on the 29th.

https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-11-02/17dfac69-f270-46a0-9af1-e6ec60c3f4da.png

After it moved into the area the price fell, but it's now moving back towards to it once again.

If the price manages to make it back into the area expect to see another drop when it reaches the far edge, around the point where I've said "expect to see a drop if the price reaches this area".

The point to watch now is the blue area created by this mornings rise.

This area wasn't confirmed when I posted my earlier ETH update, but the fact the price continued to rise has now confirmed it to be valid, so it has a decent chance of causing the price to reverse if it falls back to it.

It is really a great work. I was also impressed with the website as well, considering that it is new, but reading through it, I can see it has a lot of information that can be helpful to both newbie and regular traders as well.

It is really a good thing to see someone who is really looking to share a great deal of knowledge in this space, and really, this is one thing we should always look forward to in this space. It is really a very good initiative like someone rightly said, and the sky is your starting point bro. Nice one and I believe a lot of people will learn a lot from you.

Here's a little guide on how to place a stop loss, for the people who keep asking me via email.

How To Place A Stop Loss In The Right Place

Placing a stop loss in the right location is often the difference a successful trade and a failed one.

Most traders think it's okay to place a stop loss anywhere.

.....It's not.

A stop loss MUST be placed at a price that, if reached, confirms your view or analysis of the Crypto to be incorrect.

In other words.....

If you buy a Crypto because you think it's price is going to rise, you need to place a stop at a point that, if broken, confirms the price is likely no longer going to rise anymore.

There are many points that are good locations for you to place a stop loss.

However, the best point is at the most recent swing low.

For those who don't know, a swing low is what's created when the price of a Cryptocurrency stops falling and starts rising.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/03ff6839-96a9-463e-a07e-3ff80a3549f6.png

They're usually (but not always) created by traders and investors buying a large amount Crypto, and can be found on every currency and on every timeframe.

Because they're created by traders and investors buying a large amount of Crypto, swing lows are great places to put your stop loss.

The reason why is simple:

Somebody who buys a large amount of Cryptocurrency doesn't want the price to fall below the price they've bought at, as it will cause them to lose money.

A swing low, because it's created as a result of someone buying a huge amount of Crypto, is a point that someone doesn't want the price to break, meaning....

If the price does fall below a swing low, it's a good sign the traders/investors who caused the low to form have sold their Crypto, thus, is a sign the price is now more likely to continue falling than it is rising.

How To Find A Swing Low (The Easy Way)

Explaining how to find which swing low to place your stop at is not easy.

Thankfully, there's an indicator that marks all the lows automatically.

Here's how to set it up:

First, go onto tradingview and open up the "Indicators" tab.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/ba5fab86-0df0-4bd7-94fb-c68ddddc3d4a.png

When the tab opens, enter "Swing" into the search box and then click the "Swing high low & support and resistance by patternsmart" indicator.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/9a50aba9-9bfb-40eb-8a90-ad280842fd08.png

A bunch of blue and red dotted lines will appear.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/8c45ac22-c55d-4306-886d-540c2d6dd145.png

Each of these blue and red lines mark where a swing low (and swing high - which is the opposite) has formed, red lines show the swing highs and blue lines show the swing lows.

Now, we only need to see the swing lows.

So the next step is to change the settings of the indicator so that it only shows the swing lows (blue lines) and shows the right lows, because at the moment it's only showing the most significant lows, we need to see the less significant ones aswell.

To change the settings, right click one of the dotted lines and select "Settings".

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/7c6897f7-f9dd-49d1-9156-9bf7305a4c00.png

In the menu, change the "Swing Length" to 6 then click the "Style" tab and de-select the top two plot boxes.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/f3df950a-929a-4a75-b604-d5745871e991.png

The chart should change to now only show red lines.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/c1ebdbc0-2770-40c6-bc74-6e4ba0fad3b3.png

With that done, you can now begin using the lows to place stop loss orders.

Easy.

Trade Example

A stop loss ALWAYS has to be placed immediately after you buy some Crypto.

So right after you buy you need to find the most recent dotted line, figure out what price it's at, and then set your stop loss to the same price.

Here's an example.....

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/stopw1.png

Let say you buy some Bitcoin on the 31st October (blue arrow).

Now you've bought, you need to find the most recent swing low (dotted line) and figure out what price it's at.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/stop2.png

In our case, the most recent low is found at 12212  and formed on 31st Augast.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/stop3.png

So now you go onto your Broker or Exchange and set the price of your stop loss to 12321.

Summary

There you go guys, just a quick little guide on where you should place a stop.

I'll have my analysis of Bitcoin and Etherium up soon, stay tuned.

BTC Update: Possible Reversal?

I have to get this one out quick, guys, as the market keeps moving.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/03237.png

Last night Bitcoin fell into the buy area I said to watch for a reversal.

Whilst a reversal (blue arrow) did take place when the price entered the area, it was small and only lasted for a couple of hours before another large drop pushed the price down and through the area.

The price is now reacting to a smaller buy area that I forgot to mark in my previous analysis.

So far two reversal candlestick have formed at this area (black arrows) and the price is now moving out of the area towards the high made earlier (green arrow).

I'm long from the second reversal candle (6323), so we'll have to see how things play out over the next few hours.

Etherium update coming soon.

Sorry, terryboy.

I saw your post earlier but forgot to reply and say thank for your kind words.

Here's my Etherium update....

Note: Sorry this took so long, guys. My internet went down a couple of hours ago, so I wasn't able to post.

Etherium Update....

In last nights update, Etherium was heading back towards the source of the drop the price has spiked into a few hours prior and earlier on in the day.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/03812.png


Unfortunately, it didn't make it back, and the price instead started falling.

It fell for most of the night but early this morning, around 9:00 am, a huge drop took caused the price to not only break through the area I said to watch for a reversal but also the area below (see the candle with the arrow pointing to it).

The drop ended once it reached the bottom buy area, and has now recovered to be inside the original buy area I said to watch for a reversal.

Unlike the typical big drops we see, this one is really interesting.

The reason why.....

Because of the length of it's wick.

If you look at the candlestick that shows the drop (the one with the black arrow pointing to it) you'll see it has a really long wick at the bottom.

This is because someone decided to buy a huge amount of Etherium.

When the price fell into the bottom buy area someone saw that as an opportunity to buy Etherium at a low price. Of course, when they buy it causes the price to rise, resulting in the big wick we see.

So this big wick tells us that somebody has bought a TON of Etherium, which in turn, suggests we are going to see the price rise over the coming days.

The point you need to watch now is the area marked below.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/03812same.png

This area was originally drawn based off the large rise we saw on the 31st October, but I've redrawn it to encompass the bottom of the big wick, because that's the point where somebody decided to buy a large amount of Etherium.

If the price falls back into this area it has a good chance of causing the price to reverse.

The reason why is because the person who bought a ton of Etherium DOES NOT want the price to fall below the point he bought at (the bottom of the wick), because if it does, it will cause him to lose money.

So if the price falls back into this area it's highly likely the person who bought will either buy again, causing the price to reverse, or, if this person is part of a group of traders/investors who partake in buying large quantities of Etherium, will get one of his/hers fellow investors to buy to cause the price to reverse.

In any case, watch for candlesticks with large one sided wicks and candles with bodies much bigger than the surrounding candles to appear when the price falls into the area, as that will be a good sign people are buying to try to cause the price to reverse.

Quick Bitcoin Update.......

Bitcoin has continued to rise after it reversed earlier.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/03812same1.png

The rise seems to be getting stronger, so we could see the high broken in a couple of hours and then maybe a rise up to the top blue area either late this night or sometime tomorrow.

I'll keep you updated anyhow.

BTC Update....

Exited the trade I placed earlier at 6334 for 11 point win.

The large drop seen an hour ago could signal a reversal down to the area the price reversed from earlier.

Keep watch, I'll update you tomorrow.

I've been searching this kind of site, personal site for my basis and to compare to my strategy. It is good to know that you are sharing such a great idea to help some trader who's willing to learn. What i noticed is that your rank here in forum is below the average one i guess you entered this forum just earlier. Anyways, thanks for sharing!

Thanks panganib.

Yes, I only made an account back in Augast, I think - it might have been July, I'm not sure - so I'm still a bit of a newbie on the forum aha.

Some big developments on ETH and BTC last night.

My analysis will be up shortly.

Guys, I've noticed that a lot of the images have gone missing, they're showing a "Bitcointalk.org image proxy" message.

Unfortunately, me being the idiot I am, I didn't upload any of these images from a image hosting site. I just did it straight from an editing site I use. The site has now started deleting the images, hence the reason for the message.

I'm going to see if I can retrieve some of the images. If I can't, I'll just redo the analysis and post them again.

Bitcoin Update.....

The large drop I mentioned in my final update last night did cause the price fall back into the buy area that had caused a reversal earlier on in the day.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/e60ae918-b541-4390-a3c9-6423ab6eb1b4.png

You can see that once it fell into the area another reversal candlestick formed, causing the price to reverse and begin moving back up to the high made yesterday.

This reversal candle was a great signal to enter a trade - a signal I would've took if it hadn't appeared so late at night.

Take note of the fact all three reversal candlesticks fit the description of the candlesticks I've been saying to watch out for inside the different areas since I started this thread.

The first candlestick (marked with the blue arrow to the far right) has a large one sided wick, which I've said to watch out for multiple times, and the second and third candlesticks are both bigger than their prior candle, something else I've said to watch for.

Study what these candlesticks look like so you know what to look for when the price enters an area I've marked.

The point to watch now is the area marked below.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/449de24a-d70f-4e2b-a6c7-1e044566ce04.png

This area formed as the price rose out of the bottom buy area, and has good chance of causing the price to reverse if it falls into it.

Again, watch for reversal candlesticks that look like the ones that appeared in the buy area (see previous image) to form inside this buy area, as they could signal an imminent reversal.

Quick Bitcoin Update......


As many of you will already know, this afternoon a huge rise took place on Bitcoin and many other currencies. 

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/3cfbce5a-88ee-4b70-80e3-75440ed64587.png

The rise pushed the price through the source of the drop that took place on the 29th. 

Now the price is falling as the traders and investors who made money from this rise take profits off their positions. 

The point to watch now is the area marked below. 

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/43661935-df12-43d0-a767-65dda449b1f8.png

There's a very high chance we could see the price reverse from this area and continue it's ascent. 

The price is falling into the area right now, so a reversal could take place within the hour or at some point later on tonight. 

Keep an eye out for candlesticks with large one sided wicks forming inside the area or candles with bodies bigger the candle that formed immediately prior, as both would suggest the price is about to reverse. 

Wow, it amazes me to visit and read your article of how you explain almost everything there. It's a nice website btw, i'm not done reading to it yet that's why i have to bookmark it. lol

Anyway, i've noticed that you didn't know what is this telegram thing well it's just an app for quick messaging but most traders/ICO/DevTeam use this to gather the people that wanted to join on their group to start talking about of there ideas, you know, some ideas that exclusive only for them.

That article can really help every trader analyze deeply the current marker movements. Social media communcations could give us good interactions while the community still discussed the ongoing project development of the coin. We can't really trust all who joined in the social media group, but it's a good thing to determine those admins in the group to avoid scammers.

Thanks guys, I'm glad you like the site.

Yeh, I'm going to get the telegram thing going soon. I meant to do it yesterday but didn't get chance due to all the action that was going on.

Etherium Update: Huge Rise.......

As with Bitcoin, we also saw a huge rise on Etherium earlier this afternoon.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/a19ca262-450e-42cc-a802-1e20f59e2339.png

What's interesting about this rise is that comes only a day after someone or a group of people bought a large amount of Etherium.

If you remember, in my post last night I said the reversal we saw after the big drop took place was caused by someone (or a group of people) buying a huge amount of Etherium, as evidenced by the huge wick that was on the candlestick that showed the drop (black arrow).

The fact that we've now seen this huge rise only a day after they bought suggest to me that these people, whoever they are, had inside knowledge that this rise was going to take place, and that's why they decided to buy all that Etherium during yesterday's drop.

It's impossible to know for sure of course, but it does make a lot of sense with what we've seen (and people say the price isn't manipulated :D).

The point to watch now is the area below on the 15 minute timeframe.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/ee7c661c-657a-423f-a649-acdd61f46059.png

If the price falls into this area tonight or tomorrow keep an eye out for candlesticks with large one sided wicks and candles that have bodies bigger the previous candle, as that would be a sign the whale traders and investors are buying again, making it likely the price is about to reverse.

New article "9 Tips For Trading Bitcoin And Atlcoin Like A Pro Trader" now available on the site.

Check it out below....

https://www.cryptotradingschoolonline.com/9-tips-for-trading-bitcoin-and-altcoin-like-a-pro-trader/ (https://www.cryptotradingschoolonline.com/9-tips-for-trading-bitcoin-and-altcoin-like-a-pro-trader/)

My Bitcoin analysis will be up soon, stay tuned.

Bitcoin Update......

Last night Bitcoin fell into the area marked in my previous update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/019e835a-d3bd-4ec2-ace4-4a88a0f56801.png

You can see the price reversed after it fell into the area (blue arrow) but then a couple of hours later reversed again and ended up falling.

The fall caused the price to break through the area early this morning but is now rising once again.

For the moment, the point to watch is the green area at the bottom.

This area is drawn from the beginning of last nights rise and incorporates the points where the whale traders/investors would have bought Bitcoin. 

If the price falls into this area we could see the whales buy again and cause a rise back to the current high of 6463. 

Alternately, if the price continues to rise from where it is now we could see a new area appear between 6387 - 6397 - I haven't marked this area since the price hasn't risen enough for it to be valid.

As always, watch for candlesticks with large one sided wicks and candles with bodies bigger than the immediately prior candlestick to appear inside the bottom green area, as these signal the price might be about to reverse.

I'll keep you updated when necessary.

Etherium Update.....

The decline that started last night has continued today.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/0494ee27-7b61-4641-b27e-90d63f68e6a3.png

Over the past couple of hours we've seen the price rise slightly, creating a new buy area to watch. 

This area doesn't have a high probability of causing the price to reverse, however, watch it anyway, because it could still cause a reversal. A reversal candlestick has just formed, too, so we could see a drop into the area take place in the next few hours.

The main point to watch is still the middle green area I marked last night.

I'm not sure whether we'll see a big drop into this area or a spike similar to what we saw on the 3rd (see the far left red arrow) If it's a spike it could be hard to get a trade placed, because there won't be any reversal signal in the form of a candlestick. If it's a big drop then it'll be easier, as they're usually preceded by some kind of reversal candlestick.

We'll have to wait and see.

Bitcoin Close To Entering Buy Area.....

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/8e05f070-aeab-423e-804d-0e20582a32ab-1.png

Guys, Bitcoin is close to falling into the buy area I marked earlier.

There's a very high chance we could see the price reverse from this area and move back up to the current high.

When the price drops into the area keep an eye out for reversal candlesticks that look similar to the ones seen below.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/2adc0e6e-9718-4551-a182-0db868fd10ba.png

You have to share extremely useful for newbies to start trading. For those who have long experience, they are like basic theories and in the crypto market there will be no theories.

This is exactly what i needed lately ive been stumbling and losing with my daily trades. A piece of advice or tutorial like this could be useful also could i request a video tutorial im really a slow learner when it comes to documentary teaching but i find video tutorials quite convenient and i learn faster from it.

Sorry to hear about your losses, Sadlife.

Times have been tough lately but I think things will start improving soon, especially since we're starting to see the volume increase and large rises take place. As for the strategy, more information on it will be available in the coming weeks. A video could be possible but I'll have to figure out how to explain it, because this strategy, whilst fairly simple to trade, is really complicated to understand. So I think I'd need to to multiple videos to fully explain it.

I'll see what I can do anyhow.

Okay that website really have some simple features on it but yet so appealing.

Somehow creating that type of tips is more easier to read that with long kind of pharagraphs.

Please do continue. I will follow this for a better knowledge with trading even with this small fluctuations that are happening. I know there is still profit if you can do it right.

Last few analyzes make sense, I'm sure.
However, I have doubts about will it be a long candle or squeeze - up or down? - before global growth begins?

Great man i think i will stick to the website and check since probably same topics just more discussion here I really appreciate you putting it up Site is actually great

I'll try, Reid. Some of the concepts I talk about are pretty difficult to put into tip articles, so I have to use long paragraphs unfortunately. Yes, the market has been quite slow these past few months but I think things are stating to pick up again. A move back up to 8400 on Bitcoin could be underway now and it may complete by Christmas. We'll have to see after that though.


I'm not sure either Rebrik7, we'll have to wait and see.


Glad you like it, SlimshadyMmp. More articles will be on the site soon but I'll also post mini articles on here from time to time, like I did on Saturday with the stop loss article, so do still check every now and again just in case you miss something.

Thanks for making people understand with the help of the graph. their are many beginners or people who want to get into trading and this would help them to get the basic understanding and how to read the chart and analyze which will help them to take the buy/sell decision.

Bitcoin Update....

The price failed to fall into the buy area I said to watch for a reversal in last nights post.  

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/6f6219a8-0b2b-4249-8a0f-9beb62e3e4b2.png

Just before the price reached the area it reversed and started rising. The rise continued throughout the night and into the morning, however, at 10am a large reversal candlestick formed and caused the price to start falling again. 

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/b0e44d44-1c2b-4ca1-bdef-322e96a208b2.png

This drop ended once the price reached a buy area created by last nights reversal.

When the price entered the area a reversal candlestick formed on the 5 minute time-frame, which I used as a signal to buy. 

Currently the price is at 6418, however, I'm not confident this rise will continue up to the big reversal candlestick that formed earlier. I think a drop into the buy area I mentioned last night is still likely, so we'll have to keep tabs on the situation.

For now, continue to watch the area mentioned last night (the bottom green area in the first image).

Quick BTC Update....

Bitcoin has continued to rise over the past couple of hours and is now close to breaking through the high of the reversal candlestick.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/dd667572-bbb9-4955-b997-dbbaa6b39043.png

It's likely a small drop will take place when the price gets closer to the high, so if you're in a trade it's a good idea to take a small portion off when the price enters the area.

I'll update you again later.

Good job!
but what do you think about the trading bots? Do you find them suitable with the slow market. I asked you about it because I tried to use Trade Santa bot a I see that it seems ok. What's your opinion about it?

No, I wouldn't use trading bots right now. At the minute the market is still moving sideways rather than trending. Most, if not all, of the different trading strategies that can be coded into bots DO NOT work when the market is moving sideways. They only work when it's trending like it was last year and in previous years.

If I were you, I'd either learn how to trade the market in it's current condition's or wait for a new trend to begin and then use one of the bots.

It's probably better to learn to how to trade now to be honest. There's no way to know (for sure) when the next trend will begin, or if it will begin at all, so you could be waiting a long time to make money. If you start learning how to trade the current conditions then at least you can make some money whilst you wait for the next trend to begin.

Hope this helps, Fray.

Yes,  you have really tell the truth about bots.  Most of the bots can predict market directions when it is in side ways movement and not ranging market.  I bought a bot during my forex trading and it lose money and since then I decided to trade myself.  Trading is emotions no matter how we tried to keep it out of it.  Since it deals with human mind we must therefore bring human judgement and decisions if we really want to makes money from it.
If we can spend time developing our skills and knowledge on how trading work there is no way we would not make money from the market.  Stop spending money on bot and follow op advice on this and in no time you will have confidence on your trading decision.

Great post Arpon.

Emotions will always be present in trading. No method or book exists that enables you to trade without any emotion. We're human, emotions are and always will be, part of who we are. The quicker people realize this the sooner they can advance and make real progress in their trading.

BTC Update: I closed the buy trade I placed earlier at 6424 after seeing a reversal candlestick form on the 15 minute timeframe.

I think we're going to see the price now fall back into the buy area I mentioned earlier, so keep an eye out for reversal candlesticks if you see the price fall into the area later on tonight.

We all do have the confidence in trading when there's a higher potential of your coins to prosper along with the marketplace. I think looking on the brighter sides of the market is through actual analysis, and that's the most exact point where you get a nice shot with your trading activity. Having that strategy can be done in perfect timing as well as profitable gains during those time we can't determine which coins to buy and hold.

Your site is good and can be a reference to mine trading science because I also continue to learn to improve skills in trading, because I also often experience mistakes so I experience losses. I hope we are all successful in the trade

Bitcoin Update: Huge Rise Pushes Price Past 8500

Last night a huge rise caused Bitcoin to rise up past the 8500 big round number.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/564c71c5-32ec-4ccc-912b-5992b6f36570.png

The rise took place just after the price hit the small area I said we could see a drop take place at earlier on in the day. As is always the case with rises like this, the price has now pulled back and is consolidating as the traders and investors who made money from the rise take profits off their positions.

The two points to watch now are the small area at the bottom of the profit taking and the area that formed at the beginning of the rise. 

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/580149e3-b97b-4de1-a3cf-dd84a51f0cc3.png

Often, when traders and investors take profits after a big move like this they buy in again close to the point where the rise ended. The small area I've marked is drawn on this point and as you can see, the price has already reversed from it two times, indicating traders and investors are actively buying around this point. 

When the price falls into this area watch for candlesticks with large one sided wicks and candles with bodies bigger than the previous candle to form on the 5 minute timeframe, as they could signal a reversal back to the current highs.

The other area to watch is the one found at the beginning of the rise. 

Again, if the price falls into here keep an eye out for the reversal candlestick mentioned above.

Etherium update coming soon, stay tuned.

Etherium Update: Close To Entering Major Sell Area

After reversing on Monday Etherium has continued to rise, and is now close to entering the sell area between 228 to 243 created by the big drop on October 15th.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/1fb2caca-61a3-4561-83f7-30e6a4768e23-1.png

At midnight last night the rise that started earlier in afternoon came to end and the price fell back to the trend-line that's formed as a result of the price making consistent lows. When it reached the trend-line this morning it reversed and moved back up to the high created by the drop, but it then reversed again and is now in close proximity to the trend-line again.

The fact that two fairly big reversals have taken place from the same point means a double top pattern has formed, which suggests we could see a drop through the trend-line take place later on today or sometime tonight. 

The two points to watch now are the areas I've marked. 

If the price breaks through the trend-line it's likely we'll see some kind of reversal take place at the upper area, however, I'm not sure if this reversal will cause the price to move back up to the highs of the double top because it's not that strong of an area.

The bottom area has a better chance of causing a big reversal to take place but I'm not sure the price will reach it, so we'll have to monitor both areas to see what happens. 

As always, keep an eye out for reversal candlesticks when the price enters each area. 

Etherium Update: Trendline Broken

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/52e38a6c-46b2-4995-b1fe-1aa069854210.png

30 minutes ago Etherium broke through the trend-line I marked in my earlier post.

The price may now fall into the buy area I said to watch for a reversal.

Currently it's in a weak buy area I forgot to mark in previous post. We could see a small rise to take place from this area but I think ultimately it will end up being broken and we'll see the price fall into the area below.

As always, the price will tell us what it's going to do.

those charts are well analyzed they are telling lot of info

Etherium Update: Small Reversal From Area

A couple of hours ago we saw the price rise out of the area I said could cause a reversal in my earlier post.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/ace92fc6-1dd2-4337-b501-507ec4f9b735.png

As expected, the rise didn't last long, due to the fact the area wasn't that strong, so had little chance of causing a big reversal. The price is now falling back towards the area and I think we could see it break it within the next few hours.

If the price does manage to make it back, keep an eye for reversal candlesticks.

Will,congrats and this is a good idea of your own trading,ww hope thats this your ideas of trading could give an example into this community,and people continue to strive doing there works of trading investment despite of this chaos thats we struggle now into the world of cryptocurrency due to bearish happen now in the crypto market.

Thanks for the technical analysis.
I especially want to note that the graphics are very visual, and at the same time simple and understandable. This is a huge plus personally for you.

Very useful information and analyses in this thread. Visited your site and despite it is not ready  it is well structured
I am not a beginner in trading  but we can always learn and I found some interesting ideas in the articles. I will be follow up
on your  site. Keep up the good work.

Amazing, I am very interested in your article. after reading the tips for trading I feel that a trade is not difficult, only we need to be more careful and think about it in more detail, I agree if you are a professional trader.
I like tips number three, "don't trade with money you can't afford to lose", because most people feel great before starting, so they dare to spend a lot of money to trade without having a good strategy, causing them to suffer losses and ultimately hate trading.

This strategy is often overlooked by new investors because they want to risk their investment but when they make a mistake they just want to return to the starting point. I personally follow the advice of the top trader because they are the ones who go before and always give me good advice before trading.

Very good result for six month but I think you need more time to become professional trader. Maybe it works now but how about next week, month or year? market is mystery and no one know what happen in future. Keep going with your strategy because need more than just result in six month, everyone have different mindset and calculation and I believe your strategy look's hard for me. I'll make time to understand your strategy but thank you for sharing this.

I have some questions teacher!!! :)

1- How do you define de buyarea and sellarea? Is it from the last point the price made a rise/drop?
2- How do you define a strong buyarea and a weak buyarea? Is it from the power Of the last rise or because the trendline break ?

Thanks for your kind words, Hashtag ;D ;D.


Thanks, bartusy. More articles, including ones which go into detail on the buy area sell area strategy, will be available on the site soon, stay tuned/


Yeh, that's probably the most important tip to be honest, Vanshenz. So many people come into trading thinking it's easy and as a result, end up risking way more money than they should. Needless to say, once they start losing it demotivates them and then they either quit trading altogether or start learning how to trade properly.

I think if more people knew the basics of trading and what it involves then that alone would make a lot more people successful. Finding a strategy/knowing how much to risk is like the first thing you learn trading other markets, but it in Crypto, due to the lack of education out there, it's not common knowledge, causing lots of people to get off on the wrong foot.


Thanks, repbit. I've only been trading Crypto for the past 6 months, I've actually been trading much longer. I traded the foreign exchange market (Forex) - which is all about trading normal currencies - for 5 years, which is where most of my knowledge comes from. What you said about the market changing is very true. However, the market can only ever be in one of two states; either it's trending or it's consolidating (moving sideways), which is what it's doing now. Whilst trends and consolidations will never be the same in terms of their construction and formation, the strategies for trading them will always work, so I'm not concerned if the market changes.

At first glance the buy/sell area strategy looks quite hard, but it's not the difficult once you understand it. The strategy itself is pretty simple; you find a point where a big reversal has taken place in the past and then watch to see if the price reverses at the same point again in the future. The hard part, which also isn't that difficult once you have some experience, is finding and marking the areas and knowing what to look for when the price enters the area. (See the reply below for a quick overview of how to find the areas)



Great questions, Melandro.

You've pretty much got the strategy spot on. There's just a couple of things that aren't quite correct.

The buy areas and sell areas are found at the points where a large reversal took place.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/dff4581c-35f9-447f-9e90-0486a2d7ded0.png

You can see each area I've marked has been drawn on a point where a large reversal took place and when the price returns to it in the future it reverses.

To draw an area, find where a large reversal took place and then locate the beginning of the rise or drop that caused the reversal. Once you've found the beginning, draw a rectangle from the beginning of the rise or drop up to the highest high made before the drop (if you're drawing a sell area) or the lowest low made before the rise, if you're drawing a sell area.

No, it's power of the rise or drop that defines how strong an area is.

If an area has a strong rise or drop away from it i.e the candlesticks that caused the rise or drop are very big and showed the price increased or decreased by a large amount, that area has a better chance of causing the price to reverse than an area with a rise or drop consisting of small candlesticks.

An area that doesn't have a strong rise or drop away can still be considered strong if the rise/drop away from it last for a long time.

For example:

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/32a43ab1-ac05-4203-ac70-5e0c3fc56405.png

The rise away from buy area 1 (blue arrow) wasn't as strong as the rise away from buy area 2 (red arrow), as evidenced by the size of the candlesticks that showed the rise. However, because the rise was lasted for quite a while it was still a strong area, hence the reason the price reversed at it once it returned.

Hope this helps, Melandro.

because in good trade and always success it must have great patience and never panic when market conditions decline, because a true trader must know how to deal with difficult situations

That's right. Patience, discipline and a cool head are CRITICAL to making money. Without them, it's difficult, if not impossible to become a successful trader.

Just finished another article guys "Still Not Making Money? Change Your Habits".

https://www.cryptotradingschoolonline.com/still-not-making-money-change-your-trading-habits/ (https://www.cryptotradingschoolonline.com/still-not-making-money-change-your-trading-habits/)

My friend wrote this one, hope you like it.

Does anyone use bots for crypto trading? do you earn anything? or does it make any sense?
I use tradesanta only a couple of days. Do you have long term experience with this trading bot?

Interesting strategy OP. Can you please say how much you made on crypto from the point of starting trading? I will also search a strategy that not takes so much time, do you tried any trading bots or just doing trade on your own? And when you trade you choose altcoins from top 100 only, or trade just bitcoin?

Bitcoin Update: Buy Area Causes Reversal

The buy area created by traders and investors taking profits off their positions (see my last update) didn't cause the price to reverse last night.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/81a18494-071a-4412-baf7-149a38649eb1.png

We did see a couple of small reversal take place from the area, but no large reversal back up to the high of the rise took place. A 2:30am a large drop caused the price to break through the area and fall into the area below. Just after the price fell into this area a reversal candlestick appeared, and the price started moving back towards the sell area created by last nights drop.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/7e6efeee-aa88-4c3d-8eec-c862d5fee332.png

The price has just hit this sell area is starting to fall once again.

I think we could see the price now fall back into the area that caused the reversal. The rise out of this area wasn't that strong anyway, which suggested a drop back in was likely.

If the price manages to make it back into the area keep an eye out for reversal signals in the form of candles with large one sided wicks and candles with bodies bigger the candle seen immediately prior, as both signal an imminent reversal.

Note: A huge drop has just caused the price to fall into the area.

The whales may use this drop as way to buy a load more Bitcoin, which means we could see the drop end up as a spike - a candlestick with a huge wick on it. If that's the case it's likely we'll see a big rise take place in the coming days.

I'll update you when I get back.

Guys, I'll answer your questions later. I got to go.

Now I truly believed that skills from forex are applicable in cryptocurrency trading

Looking at your strategy and experiences no doubt that you are a successful crypto trader,things that is really hard to achieve specially in this volatile market,i should have thabk you because i have now new things to look at for my trading habit

Just please continue update us for your future progress on about the outcome of your successful tradings.

Nice post you have here. Let me scroll on to the website you posted. Where did you get all the information posted on your site? Can it be readily understood by newbies like me who just want to trade for profit? How about stop losses? Is it possible? How do you know what coins to trade for short-term profit? If ever anyone can answer this especially OP, its greatly appreciated!

Guys, I'll answer you questions in a sec.

Here's a quick update on Bitcoin....

Bitcoin Update: Huge Drop May Be A Sign Of Whales Buying

After hitting the sell area mentioned earlier, a huge drop caused the price to fall into the buy area.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/2a45540c-c51c-4282-91c3-c007f3f056f8.png

If you look at the candlestick that shows the drop you can see it has a large wick on the end. This wick shows that someone or a group of people (probably the whales) likely used the drop as an opportunity to buy a lot more Bitcoin, which of course, indicates that we could see a rise out of the buy area take place either tonight or in the coming days.

The point you need to watch right now is the small area.

Usually the whales cannot buy all the Crypto (Bitcoin in this case) they want at one price, as not enough people are selling for them to have their buy orders filled. This means they have to buy some at one price and then buy more at another price once more people are selling i.e after the price has fallen. After they buy their 1st batch their 2nd, 3rd, 4th etc batch will be bought at a similar price, to make it so that when the price reverses they make the same amount of money from each batch, instead of making different amounts, which is what would happen if the bought at a bunch of different prices.

If the wick did form as a result of the whales buying Bitcoin, their 2nd batch of buying will take place from a similar price to where their 1st batch was bought. The little area I've marked encompasses the point where their 1st batch would have been bought - the low of the candlestick wick - so if they're going to buy more Bitcoin they'll probably do it somewhere inside the area.

Watch for reversal candlesticks to form on the 5 and 15 minute time-frames if you see the price enter the area.

All I can say is Good Job. All the articles in your website seems to be on point and easy to understand which is good for newbies who wants to enter into cryptotrading.  When will your pdf ebook be available? I guess one of my suggestions is setting up a flow woth your book from basic terms to trading itself. As I see the website I can say that articles are justvarrange to the topic fo what you are discussing. I just hope that the ebook will have a flow so that readers won't get lost with the lesson.

I don't use any bots and I wouldn't recommend using them in the current conditions. The strategies trading bots use work mainly when the market is trending, i.e consistently rising or falling. At the minute the market is in what's known as consolidation phase, which means instead of consistently rising or falling it's rising for a bit, then falling, then rising again, then back to falling etc - basically moving sideways. Trading bots DO NOT work when the market is like this, so if you use them you're likely going to lose money.

If I were you I'd take the time to learn how to trade the current conditions and then when the price starts trending again switch to a robot, if you're not already good enough at trading by that point.



Thanks, Adriano. I'm not going to reveal how much I've made from trading, because I don't think it's necessary for the discussion. As for your questions..... No, I don't use any bots, I just trade on my own, which is how I think everyone should trade. I only really trade Bitcoin and Etherium. From time to time I trade some of the lesser Cryptos like Dogecoin and Litecoin, but Bitcoin and Etherium are my bread and butter and probably always will be.


Glad I could help, Arthotdog. Don't worry, I'll be keeping you updated for the foreseeable future ;).


The information on my site is just stuff I've learned over the years. Yes it can be understood by newbies (I think). I tried to make the articles as easy to understand as possible, so people wouldn't be confused by the information. Stop losses? I'm not sure what you want to know. If you want to know HOW to place a stop (on Coinbase at least) there's an article on my site that shows you how to do that. But if you want to know WHERE to place a stop loss after you buy some Crypto, check out page 4 of the thread, because there's a full guide there that shows you exactly where your stop should always be placed.

I only trade Bitcoin and Etherium for short term profit. Sometimes I trade other Cryptos, like those mentioned above, but Bitcoin and Etherium are the only two I day trade, mainly due to the fact the chance of having slippage on stop losses and entries is lower on these than it is on most of the other Crypto's.


Thanks, Harlot. The book should be available on Monday. I've just got to go through it again and check for mistakes and stuff, then it should be ready. I know what you mean about flow. The book will initially cover some of the basics of trading like Technical Analysis, price charts, indicators etc. But I'll be updating it over time, so it will cover more topics in the future (it's over 7000 words now, so it's not small by any means). It shouldn't be too hard to read anyhow.

Continue to be a blessing to everyone.Good job!You're not just helping a one or two traders but all the traders out there who have read your post.Thanks for the strategies you have shared,i will also apply it on my own.A good trader does not worries if the market is good or bad,he will still make profit from it.

Thanks for your kind words, Finestream.

Bitcoin Update: Large Drop Pushes Price Into Buy Area

This morning a large drop caused the price to break through the buy area I said to watch for a reversal in yesterday's update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/f11ea41c-2a6b-4d35-aea5-9768d110bc49.png

We did see a small reversal take place from the tiny area I said to watch (outlined in red), but it didn't last long and it didn't cause the price to rise that much. The fact that we've now seen the price break through the area and below the low of the large wick (red arrow), suggests that whoever bought Bitcoin to cause the wick to form has either A. now lost money or B. bought as a investment. In any case, we could now see the price fall back to the buy area that caused this entire up-move to begin, found between 6033 - 6253.

Although I think we may now see the price fall back to this buy area it could still reverse at the area located just above, which it's reacting to right now.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/bb942172-673b-4d41-a5a1-7c73af096299.png

At the moment the price is only on the edge of the area but I think a drop deeper into it will take place before the price reverses.

As always, if the price falls deeper into the area keep an eye out for reversals signals in the form of candlesticks with large one sided wicks and candles with bodies bigger than the candle found immediately prior. If a reversal out of the area does take place, expect to a drop when the price reaches the sell area created by today's drop, the green area in the middle.

I'll keep you updated.

Etherium Update: Potential Reversal From Buy Area

A large reversal candlesticks has just formed on the 15 minute timeframe, suggesting we could see the price reverse out of the buy area over the next few hours or later on tonight.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/7949b998-1454-4d44-a6e5-9af583c0e4b6.png

Both of these areas I marked in my previous update have now been broken. The price broke through the first area in the early hours of yesterday morning after a small reversal took place, which I what I expected anyway. The area found below, which I thought would cause a reversal back up to the highs, was also broken, but only after three smaller reversals took place - these were good for scalping, if you know how to do it.

After breaking through the area the price fell into the area below, which is what it's reacting to now.

This area has a better chance of causing the price to reverse than the two areas above due to it being located at the last point where big money traders and investors bought a lot of Etherium.

As mentioned, a large reversal candlestick (black arrow) has just formed upon the price reaching the area, which could be a sign the price might reverse in the next few hours or later on tonight.

For now, keep an eye on the area and watch for signs of a reversal on the 5 minute and 15 minute timeframes.

Bitcoin Update: Reversal Candlestick Forms Inside Buy Area

A hour ago a reversal candlestick (red arrow) formed inside the buy area I said to watch for a reversal in my earlier update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/63dfd851-29bc-4242-94ba-8006184b6bdd.png

So far we haven't seen a reversal take place, however, the price is rising toward the edge of the area, so we could be seeing the beginning of the reversal now.

Keep an eye out for reversal signals on the 5 minute timeframe.

A couple of people emailed me and asked if I can post analysis of Bitcoin Cash.

I can, here it is....

Bitcoin Cash: Inside Buy Area

The up-trend Bitcoin cash has been in for the past couple of weeks came to an abrupt end on Monday, when a large drop caused the price to fall from 1221 to 1111.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/7192fbb5-41af-44e8-84c4-88c9c0224d08.png

The drop is still in progress, however, that might be about to change because the price has just fallen into a buy area. This area is found between 1222 and 1123 and formed just before the final rise higher took place on Monday. A small reversal took place from this area earlier this afternoon but I think we'll see a much larger one occur once the price drops deeper into the area, maybe around the 540 to 557 prices.

If a reversal does take place expect to see it end or stall at the sell area I've marked.

As always, watch for reversal candlesticks to form when the price drops deeper into the area.

Bitcoin Cash Update: Large Drop Inside Buy Area

A couple of hours ago a large drop pushed the price deep into the buy area I mentioned in my previous update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/510c5308-d90d-4e7d-b4c4-aecbe30f643b.png

The size of this drop makes me think the price will now break through the area, however, the candlestick that formed 15 minutes ago closed with a large wick on it, which suggest a reversal could still take place.

For now, I'd keep watching for signs of a reversal.

That's very informative mate and a very useful tips in getting into the real trading world because trading is not an easy task as it can cost you your crypto assets if you are making wrong decisions. Thank you for that mate!

They give a very good rating and I believe he can update more information in the future. Personally I highly appreciate this topic because of your dedication and I will always follow up on this evaluation. Let's hope that this market can create more useful people

Thanks guys, glad I could help.

Here's my Bitcoin update....

Bitcoin Update: Still Inside Buy Area

Bitcoin is still inside the buy area it fell into as a result of yesterday's drop.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/6d135adf-4c86-4bd7-a1e0-2ca64ac911aa.png

You can see a reversal caused the price to rise up to the edge of the area in the early hours of this morning. This rise doesn't look very strong, as evidenced by the fact it mainly consists of small candlesticks. However, that could just be because of the time it took place - I doubt many people are trading and investing 12 - 5am on a Saturday morning.

30 minutes ago a reversal candlestick formed (black arrow), which could cause the price to move out of the buy area and towards the sell area this afternoon or later on tonight.

At the moment, I'm not convinced this candlestick will cause a reversal. However, if one or two large candlesticks push the price up over the next few hours without the price first breaking through the low of the reversal candlestick, then that would be a better sign a reversal is taking place, and I might decide to place a trade.

For now, keep watching for signs of a reversal.

Quick Bitcoin Update: Reversal Candlestick Could Cause Drop

A reversal candlestick (red arrow) has just formed on the 15 minute timeframe.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/e615ef1d-ab98-4e41-bdda-60a06343443b.png

This candlestick could cause the price to fall back into the buy area over the next few hours.

If that happens another reversal out of the area may take place.

For now, monitor the situation closely.

Update: Just closed 1st Etherium trade for 4 point win, second trade still open from 212.35.

I think we could see the price fall back to the buy area between 211.81 - 212.35 over the next couple of hours.

I'll give you a full update when I get back.

professionals have a strategy that is they have practiced a lot , they will concentrate more on planing , managing  and executing the trades , we make mistakes in these 3 so our strategy will also not work

Etherium Update: Reversal Out Of Buy Area

Today we've seen the price reverse out of the buy area I said to watch for a reversal in yesterdays update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/58e6b03e-7032-4d33-a031-152f54914f07.png

The reversal candlestick that had just formed on the edge of the area when I posted yesterdays update (blue arrow) didn't cause the price to reverse. Instead, it dropped slightly deeper into the area and then reversed after a reversal candlestick formed on the 1 hour timeframe, which is what I used to place my first trade. The reversal itself hasn't been that strong, with only a couple of large candlesticks forming during the rise. If this reversal was going to cause the price to move back up to the highs made earlier this week I'd expect to see multiple large candlesticks push the price up very quickly, which we haven't seen -at least not yet.

The small dip that took place this morning ended with the appearance of another reversal candlestick, which is what I used to place my second trade.

A couple of hours ago a sudden rise caused the price to enter the sell area that formed when the price fell into the buy area yesterday evening. The candlestick that shows this rise (yellow arrow) ended with a large wick on it, indicating that someone sold a lot of Etherium when the price entered the sell area, and in turn, suggesting we could now see the price now fall back into the buy area later on tonight or tomorrow.

The point to watch now is the small area I've marked.

This area formed when the dip ended earlier today, and is the most recent point where I think we could see the price reverse. I'm not confident we'll see the price reverse from this little area, I think a drop into the big buy area at the bottom is more likely. However, there is a chance it could reverse at this area so it's still a good idea to monitor it.

As usual, watch for reversal candlesticks to form when the price enters the area.

Good for you but I don't believe jr.member who claim themselves "pro traders", it really not so possible that you've been trading for a long time and you hadn't register there...

of course if you have become a professional trader they know what they will do to make a profit when the market is not as stable as it is today. a good plan will certainly produce good results.

Yes, a good trading plan is essential for consistent success.


Well, it is. I mean, I only come across this forum in the middle of this year. I don't know what being on a forum has to do with being an experienced trader. If you've traded a long time then you've traded a long time. Since when you do you have to be active on a forum to be an experienced trader, it doesn't make sense.

Kids.... kkkkkkk

I can say some.... I’ve been made greats improves to my trading skills at stockmarkets and criptos in this Post. Looks like I found what was missing for my tecnique.

Looks like a scam that serves to pump and dump pourposes rsrsrsrs

I will take a look of this coin, I have check the coinmarketcap data and I can see it's really oversold because the ATH was $4.86 and now the price is
only $0.05 without a good volume anymore. This is a good gamble as long as the project is still develop.

Interesting strategies, but they are suitable for those who have time for this activity, and these are very few, and need a good deposit

Thanks Malandro. Got lots more coming, stay tuned.


That true, but the buy area/sell area strategy can be adapted for higher timeframe use. I'll try to show you how to do it in a future article.

Bitcoin analysis coming up, guys.

Bitcoin Update: Back Inside Buy Area

The reversal out of the buy area that was taking place during my last update came to an end last night.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/a0ca0e42-e050-4667-ad9e-2034145e5142.png

As you can see, the reversal didn't last long. The price only made it a short way out of the area before it reversed and fell back in again, suggesting the reversal didn't have much strength behind it.

The price is now drifting towards the bottom of the buy area.

With what we've seen so far, I'm not convinced we're going to see a large reversal take place from this area. If a sharp rise occurs whilst the price is still in the area then that would make a reversal more likely, but as it is now I think we're going to see the price break through the area either tonight or tomorrow.

If a reversal is going to take place the point to watch is the small buy area I've marked.

This buy area is found within the larger buy area and is located at around the points where someone or a group of people bought a large amount of Bitcoin when the price fell into the area last week - the lows marked with arrows.

If the price enters this area watch for signs of a reversal in the form of candlesticks with large one sided wicks and bullish candles that are bigger than, and preceded by, a bearish candlestick.

Hey can you suggest me a website for cryptotrading that does not require identity verification?

It's good to share successful strategies to other because it can help them who's trying to be better and get the highest expectation. But, claiming that you are a pro is really unnecessary. It makes people doubting your idea you've just shared. Let the other call you professional so that people will believe, because people tend to believe 'what they say' rather than 'what I say'.

You can try Bitmex.com. I haven't used them myself but I know they don't require any identification and the site itself looks pretty decent, at least compared to some of the other Exchanges. Just be careful though, because I don't know anything else about them other than that they let you trade without verification. For all I know they could be a scam, so make sure you do own research before you decide to use them.


That's true, I guess. The thing was that when I started the thread I didn't think anyone would be interested in it unless I said I was a professional trader, or something similar to that. If I knew that it would turn people off a little then I would have named it something else. Oh well, it's to late to change it now.

Thanks for your kind words anyway.

Etherium Update: Large Spike Suggests Reversal

Earlier this afternoon a large drop into the buy area that caused the price to reverse on Friday resulted in a spike (a candlestick with a large one sided wick) forming.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/b70a26d2-549e-4bdb-bf36-cac367232999.png

The reversal out of the sell area that began in my last update did continue, eventually causing the price to fall into the small buy area I said to watch for a reversal in the same update. A small reversal (red arrow) took place when the price entered this area but it was not enough to cause it to move back into the sell area, and the price ultimately ended up falling back towards the bottom buy area.

The fact that a large spike appeared upon the price falling into the bottom buy area suggest big traders and investors are buying Etherium, indicating we may now see the price reverse and continue to rise over the coming days.

The point to watch now is the area I've marked between the low of the spike and the beginning of the rise that took place immediately after.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/01fe0af2-f717-45ee-9853-9c4dddd68842.png

If the spike was caused by traders and investors buying large quantities of Etherium there's a strong possibility they weren't able to buy all of the Etherium they wanted during the drop that created the spike, meaning they might have to buy more.

If this is the case we could see the price fall into the small area I've marked and then reverse, as this area encompasses the point where they would have bought Etherium and if they're going to buy more they'll want to buy at a similar price to where they first bought, so as to make sure that if the price does reverse they make a similar amount of money from each purchase.

As always, keep an eye out for reversal candlesticks if you see the price enter the area tonight or tomorrow.

Bitcoin Update: Reversal From Buy Area

Yesterday Bitcoin reversed after it fell into the buy area mentioned in my previous post.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/9ceaa306-7575-447a-9581-8b871f1e4b61.png

The drop into the area was incredible strong, and actually caused the price to break through both the small buy area I said to watch for a reversal and the larger buy area it was contained within. Like Etherium, the candlestick that shows the drop also ended with a large spike on it, suggesting the Whale traders/investors bought a large amount of Etherium during the drop. The fact that a sharp rise took place just after the drop is further evidence the Whales bought, and hints that we may see the price continue to rise over the coming days.

The point to watch now is the area I've marked below.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/61cbcdd9-510c-4ad4-b30f-37149e41f8f3.png

If the sharp rise has been caused by the Whales buying large quantities of Etherium there's a strong possibility they weren't able to buy the full amount they wanted during the drop. If this is true, we could see the price move back to the point where they bought (the area I've marked) and then reverse as they buy more Etherium.

The price has been falling towards the area this morning, so we could it fall back in this afternoon or later on tonight.

As usual, if the price falls back into the area watch for candlesticks with large one sided wicks and bullish candles that are bigger than the prior  bearish candlestick to form, as they both signal the price is about to reverse.

Yeah, it's good, also try to compare with other know name bots, you can find the differences and choose the one. But TS is really easy to use, free and profitable (is you configure your bot correctly)

Bitcoin Update:Rising To Current High

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/fb6ed18b-3fd7-445d-b1f7-6f9fc48663f5.png

Bitcoin is rising up to the current high that formed last night.

A break above this high would indicate a move into the sell area between 6403 - 6432.

A small drop might take place when the price breaches the high, keep watch.

Etherium Update: Rising Towards Sell Area

The rise that began after the price fell into the buy area yesterday evening has continued today.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/2591f49d-62e5-41b7-9287-c27ac707b9fd.png

After the large spike the price continued to rise until it reached the sell area created by the drop on the 8th November. After a small drop (red arrow) took place from the area another rise began, but this ended soon after with the appearance of a reversal candlestick(black arrow). The candlestick caused the price to fall into a small buy area (not marked) created at the beginning of the rise into the sell area, where it then reversed and started moving higher again.

The price is now moving back to the sell area in a strong fashion, suggesting we could see it move deeper into the area later on tonight.

The point to watch for a reversal is the small area I've marked.

A drop into this area could take place either before the price moves back into the sell area or after it's reached it and reversed.

In any case, monitor the area for signs of a reversal.

Bitcoin Update: Falling To Buy Area

The rise to the current high that was taking place earlier has ended, with the price now falling towards the buy small buy area mentioned in my last update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/d911a75b-756b-4f42-8eed-49ca5b5797f3.png

The drop that caused the rise to end was quite strong, as evidenced by the size of the candlesticks, suggesting a drop into the buy area could be likely over the next few hours.

A small reversal candlestick has just appeared (black arrow) but I don't think it will cause the price to reverse back to the highs, as it's not very big.

For now, watch for signs of a reversal if the price falls into the area I've marked.

WOW,great strategy there you have give me another idea to trade if i decided to return back because as of now i rest because of the very unstable market prices but maybe first quarter of 2019 i will consider trading again

Your techniques are very different from mine since i use the basics,but now with this i will save this thread for reference

Thanks Carlisle. If you need any help understanding the strategy let me know. I'll have some more articles about it like how to find the buy and sell areas and what you need to look for when the price enters the area in know that a reversal is probably going to take place up on the site soon, so keep an eye out for them.

Be careful tho, Bitmex has 0,001 withdraw fee and withdraws once a day

Bitcoin Update: Inside Buy Area, Reversal Possible

Bitcoin has just fallen into the buy area I said to watch for a reversal in my earlier post.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/870d6bb0-0492-4231-852b-c5cdabe13756.png

So far no reversal has taken place, however, bullish candlesticks are starting to form so a reversal could be imminent.

For now, keep an eye out for reversal candles on the 15 minute time-frame.

Just finished a new article, guys: "The Biggest Mistake Crypto Traders Make (And How To Fix It)".

Find it through the link below.

https://www.cryptotradingschoolonline.com/the-biggest-mistake-crypto-traders-make-and-how-to-fix-it/ (https://www.cryptotradingschoolonline.com/the-biggest-mistake-crypto-traders-make-and-how-to-fix-it/)

My Bitcoin update will be up soon, stay tuned.

Nice topic!

I do have the problem you descrobed in your article. Sometimes when im in profit i move up my sl to lock in profits, bit the hard thing is to what poi t do i have to put the sl?

Emotions will always be present in trading. No method or book exists that enables you to trade without any emotion.  The quicker people realize this the sooner they can stop making losses and start to understand markets and earn profits

Thanks, Obiwankenodium, glad you like it. To lock in profits it's best to move the stop up to the most recent swing low that's formed. If you go to page 4 of the thread there's a mini article I posted that explains how to find swing lows using an indicator on tradingview. Just follow the instruction of the article and then whenever a new swing low forms move your stop up to it, that'll let you secure profits in a safe way without having your stop loss get hit.


That's very true, Insaneman. I wish more people would realize this and stop looking for a way to remove emotion via books, videos, programs etc. These things can help you learn why you get emotional but they won't allow to trade with no emotion.

Bitcoin analysis coming soon. Sorry for the wait, had to go out so didn't get chance to post it earlier.

Bitcoin Update: Consolidating Inside Buy Area

Bitcoin is still inside the buy area I said could cause a reversal in my previous update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/798ea8ad-6fcc-4e9f-a599-aac23f62d24c.png

A reversal out of the area looked like it was taking place just after I posted my last update (red arrow), however, a large drop caused this to end and pushed the price through the bottom of the buy area. This drop ended with the appearance of a large spike, which may indicate the whale traders are buying large quantities of Bitcoin. The fact that we saw a spike form last week from a price very close to where this spike has appeared, adds more evidence they may be buying in anticipation of a reversal.

Since the large spike took place the price has just consolidated (moved sideways) in the buy area, giving no hint as to whether it's going to reverse out of the area or break it through it.

For now, I think the best course of action is to continue watching for signs of a reversal inside the area.

Thank you again for your hard work. Many people think that drawing graphics is very simple, but in fact it is not.
I use your ideas in my overall decision-making strategy about opening a position (or staying in dollars :)).

No problem, Rebrik. It is on Tradingview, I'll tell you that much :D :D

My FREE 30 page book "A Beginners Guide To Cryptocurrency Trading" is now available to download from my site.

https://www.cryptotradingschoolonline.com/ (https://www.cryptotradingschoolonline.com/)

Check it out if you're interested.

Professional traders look for heavily oversold crypto’s like Canya coin CAN for massive bounce trade.  Cash flow positive business with working apps. https://www.coinspot.com.au/buy/can

Thanks a lot, will look into the article as soon as i'm on my laptop again.

I think this is an exam of a trader that how he would be dealing his trade. Sometimes they have questions and they ask on some forum about their query, they contacted with some expert traders. Some gives them advices resonating with their own mindset and few advices don’t hit directly. So, people start getting confused. They must make difficult decisions at that time.

Exactly all these successful stories are filled out with losses and mistakes. They are not winners of all the time rather every one of them have been to such drastic losses and problems. But what makes them successful now, the will to do something and determination that made them courageous and now they are earning so huge from bitcoin and trading.

Thanks Maxpips, this is really going to help a lot of people, myself included because I’m not all that perfect in trading and I haven’t taken out time to learn.

Just checked out your website and it’s quite good. I will also like to add that I once traded forex but quit due to it wasn’t much of what’ I expected it to be, but I didn’t made some profit from but it was difficult. After a few years of quitting forex trading, a friend introduced me cryptocurrency trading.

Indeed and of a truth your article has being helpful. thanks a lot

Hello there maxpips. I really look for your thread to see what's your say about this dump but I guess you're still out and busy.
So yeah I'll just wait for your new post, tbh I'm looking forward to read more about it as I somehow depend on your charting. I know it may sound funny but you got me there. ;D

Hey guys,

Sorry I haven't posted anything in the last few days.... I've had the flu since Wednesday, so haven't been feeling too good.

I hope nobody lost too much during the crash. I lost a little on Bitcoin, not during the HUGE drop (luckily enough) but after, trying to figure out where the price would stop falling to catch a reversal back up.

Anyway, I just wanted to let you guys know that I've decided to take a small break for a couple of weeks. As you can imagine, trading, posting updates, and writing articles all the same time is pretty challenging. I've wanted to get some important articles out for a few weeks now but I haven't had the time to do them since I've been trading and posting daily updates on here. So I've decided to stop trading and doing the updates for a couple of weeks to get these articles finished.

Once I've got them done I'll be back to doing the updates, though maybe not as frequently as I have been for a the last few weeks. I'll give you my analysis of Bitcoin and Etherium later on anyhow, just so you have idea of what to watch for.

Here's my answers to your posts...


Very true. Lots of people think that pro traders win every trade and make money all the time, which just isn't the case (well, apart from the whales - they probably do win most of the time). I have losses just like everyone else. The important thing is that I understand WHY I lose so I can fix the underlying mistake that caused it. Most people don't know why they lose 1. because they're not using a proper trading strategy that has defined rules, and 2. because they either don't know what emotional/psychology related mistakes they make or they know what these mistakes are but delude themselves into thinking they're not really mistakes - probably to pass blame and not deal with the fact they did something wrong.

To improve and make more money you MUST be know what caused you to lose.

If it was something to do with your strategy either figure out a way around it or, if it's causing you to lose very frequently, change to a different strategy completely. If you made a mistake because of your psychology/emotions, make a note of what the mistake was and then try not to make it again. Making a note of all the different times you've made the mistake, along with how much money it's caused you to lose or miss out on, helps you understand costly it really is, and over time you'll find yourself making it less and less.


Thanks Osman. It's not where I want it to be just yet but it's getting there.....slowly. Yes, forex trading is very, very tough. I had big losses when I first started. It took a long time for me to figure out how to make money and even when I did I still wasn't confident. Crypto is definitely easier in my opinion, at least with the strategies I use.



Oh, really. Damn, I feel some responsibility now aha.

Like I said, I'm taking a break for a couple of weeks to get some articles done and then I should be back.

There will be an article that shows you how to trade the buy area/sell area strategy out this week (or weekend). That might help you do your analysis until I get back. If something big happens I'll try to get some analysis up to help you, I can't make any promises though.

Great job. I would also like to read your story as you came to the forex market, how many years of experience, was it difficult at the very beginning and what results did you achieve

Experts believe trading isn’t easy. And I believe nothing is easy here in this world. Nether your birth nor your death, everything is an exam. So just be yourself and believe in your God.

This is great! Thanks

Yes, emotions will also affect traders, even the most professional ones. Meanwhile, we need to do everything to be realists - it will help us avoiding really many serious mistakes.

Hello Maxpips.
What can you say about current situation? Was $4000 final bottom for BTC or we can drop lower?
I am completely uncertain: to stay out of the market now, to open a short position or a long one? Opinions are different everywhere, no one can say anything with confidence. Almost panic )

appreciates so much my friend
gr8 work

always here 4 u 


namaste

Looks like a possible trendreversal? Lets see what happens next.

Any books you recommend or feel are a 'must read' for people who want to be serious about trading?

Already read Trading in the Zone, amazing book about the trader mindset.

Any good trategy that i also know always failed because of the price of bitcoin that drops it price other altcoins also affected so i hate the way that bitcoin price going down.

Sure thing, Cryptopower. I'll try to get an article or post about it out in the near future. It was definitely difficult though, I can tell you that right now.



Honestly? I'm not sure. I think there's a good chance it could be the bottom but for how long, I don't know. For now, my advice is stay out the market and wait for things to calm down a bit. The past couple of weeks have been so crazy that it caused a lot of uncertainty, both with traders (including me) and investors, hence the reason for the big dumps we've seen. I think it's best to just watch from the sidelines for a while, see what the price does over the next week or so.


It could be Obi, but I'd wait for more confirmation first. We might see a reversal back up the sell area created by the recent drop and then another large drop lower before a big trend reversal begins.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/11/583d3830-85fc-4f21-a785-d62b711b2b63.png


There's a few but they're not really books on strategies or stuff like that, they're more about understanding certain concepts and truths about the market. Like one of them "Time Compression Trading" talks about how the Forex market is a zero sum game (the Crypto market is too) and the implications that has for you as a trader.

Another one would be "Beat The Forex Dealer". This is also about Forex but the stuff contained in it applies to Crypto aswell.

I can email them to you if you're interested?

They cost quite a lot to buy from what I remember, I think "Time Compression Trading" is like $50 on Amazon, so you'll save quite a bit if I send them over.

Let me know anyhow.



An article on the buy area/sell area strategy I use will be out within the next week. This strategy works well when the price is moving sideways - as it was before the big drop - and when it's not trending, so take a look at that if you haven't much luck with your current strategy.

A new post on how to use Fibonacci retracements is now on the site.

Check it out if you're interested.

https://www.cryptotradingschoolonline.com/fibonacci-retracements-easy-to-convert-add-to-paid/ (https://www.cryptotradingschoolonline.com/fibonacci-retracements-easy-to-convert-add-to-paid/)

Too great, I am a new trader, feel very lucky to read this article. It will help me reduce the risk of losing money when I start trading. It would be great to have many posts sharing experience like this. I love the third and fifth tips

Thanks for these articles, this is a big help to us who wants to learn trading crypto. There are a lot of tutorial out there but yours is a lot more useful and very easy to understand.

PDF is first result for Time Compression Trading.

Thank you.

Thanks a lot. Answer is good enough for me, that's what I expected to hear.
And you are right in your advice about staying out of market. This is better strategy for now :)

Okay guys, I've just finished my post on how to trade the buy area sell area strategy you see me use in this thread.

https://www.cryptotradingschoolonline.com/make-100-a-day-with-this-crypto-day-trading-strategy/ (https://www.cryptotradingschoolonline.com/make-100-a-day-with-this-crypto-day-trading-strategy/)

The guide shows you how to find the areas, mark them on the chart, and what you need to see happen once the price returns to an area in order for it give you a signal to buy or sell Crypto.

Check it out if you're interested.

My daily analysis will be back soon. Stay tuned.

Thanks! good article on buy and sell areas.

Would that strategy work on crypto / crypto pairs?

I ask as; I've just started over at Binance and they list the coin price in; 0.002443  as opposed to 4000$   e.t.c.
As a result their charts are completely upside down.
Can you still draw the buy sell areas with the same methodology as you described in the article?

Thanks goat, glad you liked it.

Yes, it works on all Crypto's/Crypto pairs.

So long as you have access to a chart of the Crypto you want to trade you can use the strategy. Just be careful of trading the low cap Crypto's though, because I'm not sure how well the strategy works on them, in terms of how profitable it is. It definitely works on Bitcoin and Etherium though, and it works in the Forex market too, if you trade that.

Base on the chart recently, many are supporting the $4200-$4300 level. Many retests to be done to see if it's real but by many means more consolidations. Some people really are waiting for a major catalyst before rejoining.

Guys, thought I'd post this quick since Bitcoin is at a critical point.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/656fb477-ac81-41b8-a22e-bc79586f7de9.png

My daily analysis will be back soon, just getting some new stuff finished on the site.

Thanks for sharing your great wonderful experience
People they can get more points how to make money in trading came from your strategy
but i advise to the traders always be careful for every decision to avoid wro g decision

Thanks for sharing your strategy it is useful for sure us and also to the newbie who are trading because  they need suggesstion, strategy and even advice from professional like what you said. I hope other will use it and earn money.

A trading strategy is good only when it is applied and gained profits from it. One strategy can be applied to a certain trade but not on your next. Every trade is unique. Just look at the price of BTC where a lot of people speculated that price will hit another all time high by last quarter of of 2018 but what really happens is we are back the price where bull run started.

My strategy is buying ATH with fomo and selling low when panic. please don't be me! ;D

It is good when the investor knows about trading strategies and knows how to apply them in life. It is bad if an inexperienced trader trades relying only on his thoughts and emotions.

I like this thread, I had to give some merits too. I opened site too, its nice to see that someone is starting online school of trading. When I saw one of the headlines there Crypto Trading Basics: How To Use Support And Resistance Levels, I knew that this guy is talking something smart here. Many of traders doesn`t know basics, and this is a nice way for new people to learn something. I think people should read this and learn from this, never take anything for granted, use this site and words from op to learn something, practice it and later develop your own strategy that will work for you.

When the market is bleeding, most of the strategies do not work. You need to become more flexible now and combine different activities with the cryptocurrencies. In this case, you have a chance to earn.

Hi guys, hope you're all doing well.

You'll be happy to know I'm now active again, so will be posting daily updates as I was a few weeks ago.

I've added a new 'Members' section to the site where you can get exclusive lessons, trading (and investing) strategies, guides, a 29 page E-book, and buy and sell area's for Bitcoin and Etherium updated daily - let me know if you want see the area's for a different crypto or timeframe and I'll add it to the list.

Check it out if you're interested.

www.CryptoTradingSchoolOnline.com (http://www.CryptoTradingSchoolOnline.com)

My Bitcoin analysis will be up shortly.

I just visit this thread and your site Thanks for sharing your great wonderful Trading idea. I learned a few tips on when to buy and sell Bitcoin and Ethereum. Thanks, Maxpips please continue it.

No problem wafillian, glad I could help.

Here's my Bitcoin update...........


Bitcoin Update: Might See A Reversal Soon

Late last night Bitcoin fell into a buy area created by a sharp rise that took place on the 7th December.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/79d03ecd-8dee-4150-ae9d-c545aff8adee.png

Just after the price fell into the area a large Hammer Candlestick formed, which could be a signal the whale traders are buying up Bitcoin in an attempt to make the price reverse. If this is the case we'll see the price reverse from inside the area or we'll see it fall slightly below the area and then reverse, either over the next few hours or later on tonight.

For now, watch for a large bullish (green) candlestick to form and push the price above the candlesticks seen over the past few hours, as that would give further confirmation the whales are in fact buying, and could signal the start of a rise back up to the sell area created by yesterday's drop.

I'll keep you updated when necessary.

but by holding it back is a good strategy when the market is bleeding, because by using this method of deterrence we can avoid the name of loss. therefore a good strategy for now is to hold back and be patient until the market experiences green again

Bitcoin Update: Buy Area Broken, Reversal Still Possible


Bitcoin has broken through the buy area it was reacting to a couple of hours ago.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/4f6174d6-9299-4e02-8653-a425d7121605.png

With the area broken it's likely we'll see the price drop even more over the coming days. The fact the drop is still near to the lows of the large rises (blue arrows) seen earlier this week means there's still a chance we could see the price reverse and move into the sell area, but it can't drop much more for that to still be possible.

For now, just monitor how things go.

Bitcoin Update: Reversal Near Lows

Last night a small reversal took place not long after I posted my previous update.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/7d52453d-4c89-475c-b43e-9d534745d0f4.png

If you remember, I said if we see a reversal while the price is still in close proximity to the lows of the sharp rises that took place last week (blue arrows) then a move up to the sell area is still possible. Because we've now seen a small reversal take place near to these lows there's a higher probability we could see the price move up to the sell area either today or tomorrow.

Today the price has fallen down to the bottom of the small reversal, which isn't a great sign. However, a Bullish Hammer candlestick formed near the low of the reversal which could indicate the price will move back up to today's highs (red arrow) over the next few hours.

For now, wait to see how the current 1 hour candlestick closes.

If it closes with a large wick on top like it's showing now, the price may fall over the coming hours.

If it closes with a only a small wick on top, we'll probably see the price rise up to today's highs.

A good strategy can help you to earn a good profit and also on how to get not loose.
Trading is risky so you need a lot of patience. There are people who loose everything because they panic without even think the result.

I.think that good trader is that who can adjust his strategy according to the market conditions. So, it's flexible, it has reserve strategy and plays on long term. That also means that he doesn't panic because of temporary loss and doesn't lose his cool head.
This is not easy to achieve and it takes time and experience but at the end only strong survive who are not afraid of the risk.

I think trading is difficult compared to bitcoin mining and I have experienced a whitedraw first and I don't like it, instead I am comfortable and free with mining bitcoin rather than trading

Bitcoin Update: Rising Towards Sell Area

Bitcoin is currently rising up to the sell area created by last weeks large drop.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/aa954394-5f7b-4c45-a45e-72b79c3c0c12.png

The candlestick I said to keep an eye on in yesterday's update did close with a large wick on top, but the small drop that took place after wasn't strong enough to break the low of the Bullish hammer, further indicating a reversal was likely.

This current rise seems to be respecting a trend-line that formed on the swing low made an hour ago and the low created at the start of the reversal. A confirmed break of this line would suggest a move back down to the point where the reversal began, so keep that in mind over the next few hours.

For now, continue watching the price.

i like your strategy .only using concept of support and resistance and helped with trend line enough for us to identify market trend.and also level that best opportunity for us.

Bitcoin Update: Rising Towards Sell Area After Reversal

Bitcoin is rising towards the sell area again, after a reversal took place In the early hours of this morning.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/0b218f9f-50ef-43d8-b33a-4fd62a30a1eb.png

The candlestick I said to keep an eye on in my last update (red arrow) did end up closing as a Bullish Hammer (a candlestick with a large wick on the end). A rise began after the hammer closed but it was small, and only caused the price to rise up to yesterday's highs.

If we see the price continue to rise over the coming hours I think there's a good chance it could reach the sell area either today or tomorrow. A rise into the area would provide further evidence a major bottom is forming, as it signals the whales are buying large quantities of Bitcoin at the lows.

For now, keep monitoring the price.

A Bullish Hammer candlestick look as though it's forming on the 1 hour timeframe. This candle could cause the price to rise over the next few hours, so keep that in mind if you plan on placing any trades.

Honestly i just bookmarked your site. i think its a good place to visit for treading skills. you did a nice work. keep it up. especially the beginners section for trading.

your message apply to me honestly. i found it difficult learning the skills but i will never give up. since people can learn and trade. i also will learn and trade as well. that my believe.

This has been the most detailed trading site news i have ever visited and i must say a very big thank you, sir. Your strategy have help me to put it up again and continue with my spirit of trade, more also, i just got a tip from your analysis on this trend so easily. Few years ago i went into trade lesson which i paid for without it knowledge but here am proud to be your student.

Thanks for your kind comments, guys.

Here's a quick update on Bitcoin.......

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/04b6f87a-9240-40e4-8f02-f4e914a1b07d.png

Bitcoin Update: Sell Area Broken, Price In New Sell Area

The large rise that started this afternoon has caused the price to break through the sell area that formed last weeks and move into the area above.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/561d9385-02a5-47d7-9ede-8178a271c248.png

This large rise gives more evidence we are in fact seeing a major bottom form. It doesn't confirm that a bottom has formed, and that Bitcoin will now not drop below 6400, but it does make it less likely. At some point over the coming weeks/days I think we'll see a drop down to 3100 - 3200 take place followed by another big rise.

The reason why is because the whale traders can't buy all of the Crypto they want in one go. They have to buy it bits by making the price rise and fall over and over again. This is why you usually see reversals begin after multiple large rises have originated from lows found at similar prices.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/4da46ad1-7441-4d0e-8375-136f67ed2ff0.png

Currently we're seeing some candlesticks with large wicks on top (blue arrow) form on the 1 hour timeframe. This is likely to be caused by the traders who made money from the large rise taking some profits off their trades. I think this profit taking could cause the price to fall slightly either tonight or tomorrow.

The point to watch for trades is the buy area created by the most recent leg of the rise.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/d61ba878-54dc-47e0-a7ae-938748da05b1.png

This buy area is the most recent point where large traders and investors would have been able to buy Bitcoin, so is a likely place for the price to reverse if it falls.

If you see the price enter the area be on the look out for Bullish Hammer candlesticks and Bullish Engulfing patterns, as these usually indicate the price is about to reverse.

Note: Read my post below if you don't what bullish hammer candlestick or Bullish Engulfing Patterns look like.

https://www.cryptotradingschoolonline.com/make-100-a-day-with-this-crypto-day-trading-strategy/ (https://www.cryptotradingschoolonline.com/make-100-a-day-with-this-crypto-day-trading-strategy/)

If you look at the current BTCUSD chart, you can see that the author was very close to the truth, in his predictions.
And if use advices about points of enter the positions, it should have been a good deal.

Thanks Rebrik, good to have you back on the thread.

Here's my update for Bitcoin........

Bitcoin Update: Small Drop Out Of Sell Zone

As expected, the price has dropped slightly since it entered the sell area yesterday evening.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/c9fb642b-c8bf-4819-90b7-e0cfbf815799.png

The fact that no really significant drops have taken place during this decline indicates it is actually caused by profit taking, meaning there's a high probability we could see the price rise back into or break through the sell area today or tomorrow. The price did drop into the buy area I said to watch in the early hours of this morning but no Bullish Engulfing patterns or large Bullish Hammer candlesticks appeared, so you couldn't have used the area to enter a trade.

The focus now is still on the buy area.

The rise out of the area we saw this morning wasn't very strong, which suggests another drop into the area is likely to take place before the price rises back to the sell area.

As always, if you see the price enter the area keep an eye out for Bullish Engulfing patterns and large Bullish Hammer candlesticks. 

Hello Maxpops!

I want to invite you to blog on our platform.

Neironix  is a global provider of financial and analytical information about
cryptocurrency markets, required for making carefully weighted investment decisions and building
long-term market strategies.


I want to offer you to blog with on our platform in the appropriate section. https://neironix.io/news/blogs
Thanks to this, you can gather an additional audience, sell advertising and simply gain popularity among users of our platform.
If you write full-featured interesting articles, we are ready to publish them in the main news section with a link to you (to  your blog or on any other resource)
Also, if you will actively run your blog, we will single it out among the rest as one of the first to joined.

If you are interested in this offer let me know
My telegram @ikromzhon86

Wow, huge thanks for your offer Membercard.

I'm definitely interested. I have a few questions about how things will work, in regards to posting onto your site and stuff. I'll contact you tomorrow to talk more.

Again, huge thanks. I really appreciate this offer.  ;D ;D

Yep... situation is too ambiguous. These flats after high green candles - best time to lose money ) nobody knows where price will move - up or down. It's hard to predict.

the best strategy usually takes advantage of a very bad situation to trade, when other people start selling because they feel the future is not good, then at that time we can take advantage of panic situations by buying according to our abilities, because buying at a falling price has a chance more for profit, or buying strategies for long-term savings, this is also a way of looking for profit in the future, because it can be predicted in the future prices will still rise again.

we could use technical chart to predict market strenght.and usually profesional trader use price action and candlestick analisys.in this analisys we could know the momentum that will bring direction to market.

Isn't that a buy area too low? I see it has a descending triangle pattern so that bullish will continue.

This is a very useful part for people who have just entered the trade because it is very easy to understand and if this "knowledge" is sold, it will definitely be expensive. and I really like this article "How To Use Support And Resistance Levels"

Yeh, I'm not a fan of these consolidation periods after large rises either. They usually end at or near a buy area on a lower timeframe, but the price action that appears as the price moves around makes it hard to judge whether the price is actually going to fall into the area or just keep falling.



I wouldn't put too much faith into chart patterns, Bots. It's much easier to just go off the areas. Sometimes patterns can work out okay, but other times they force you into a view of the market that isn't realistic. For example, if you saw a large triangle pattern forming you may think not to trade the pattern until the breakout. But by doing that you miss out on all the opportunities to make money trading inside the triangle. So they can be good and bad, depending on the pattern.

My Bitcoin update will be up soon, guys.

Bitcoin Update: Buy Area Causes Reversal

The small buy area outlined in my last update caused the price to reverse and break through the sell area last night.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/b2a4d82e-9ec5-465e-b54a-971eb7e30289.png

The price hit the area at 6:30pm, and upon doing so caused a Bullish Engulfing pattern (black arrow) to form. This pattern was only small, so it wasn't a good reversal signal - even though it did cause the price to reverse. However, you still could have used it as an entry due to the size of the area being very small.

The two points to watch now are the buy areas created during the rise.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/89832000-b90b-4506-9429-0f5bd11f1e3c.png

These two buy area are most recent points where the whale traders could have bought a large amount of Bitcoin, so are the points where the price has a the highest probability of reversing if it falls. The price is currently inside a sell area that formed during the last major drop, so we could see a drop into the upper buy area take place this afternoon or evening.

As usual, watch for Bullish Engulfing patterns and Bullish Hammer candlesticks - candlestick that have large wicks on top - to form when the price touches or enters the area, as these are both good signal the price is about to reverse.

traders and mining are thin but I still choose mining because it's easier and not as complicated as trading and I'm sure mining can earn more than trading in my opinion

It seems that price actions moving according to such a scenario. Buy zone was correct. Those who opened positions are already in a small plus.

It's very accurate, there was a little drop but bitcoin is now trading above $4K.
So, this is a real bull run mate? or just a trap?

Regardless, I still enjoy what's happening, it's been 3 days that the market has been positively moving.

Yeh, I wasn't expecting a rise that big. I thought we'd see a move above yesterday's high but not a massive 10% gain. I'm pretty surprised to be honest. As for whether this is the start of a new bull run, at the minute I'm not sure. I think we're going to see a pull-back back to 3700 in the next few days, as the whales take profits and buy more, but after that I don't know. We could see one more massive drop down to 3100 take place too. That would shake out the last remaining people who are bullish and give the whales a ton of sell orders to use to accumulate massive positions for the next run.

We'll have to wait and see.

Bitcoin Update: Huge Reversal From Buy Area

The buy area I said to watch for trades in last nights update caused a huge reversal to take place this morning.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/Screenshot-861.png

Both a Bullish engulfing pattern (red arrow) and large Bullish Hammer candlestick (blue arrow) formed when the price was in the area, so you could have used them to enter a trade if you were awake (I managed to get in on the engulf).

Even though this rise is really big it's possible we'll see a pull-back take place within the next few days, as the whale traders take profits off their positions.

For now, watch for signs of a reversal in the two buy area's I've marked.

We could see the price drop into the upper area over the next few hours and then start rising again. If the price manages to break this area it'll be a signal the pull-back is beginning, and we'll probably see the price fall into the lower buy area.

Okay, your input is very much appreciated, to be honest, I am not really good in short term trading because I'm a holder on both bitcoin and altcoins.

I'll keep watching your thread, I believe I will learn something and although a possible drop might happen, I just hope that we will see a bull run very soon.

Bitcoin Update: Consolidating At Highs, Drop To 3700 Possible

Bitcoin is currently consolidating (moving sideways) around the highs made by the large rise seen yesterday.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/Screenshot-864.jpg

A drop into the buy area mentioned in my previous update did take place but the price broke through the bottom of it, and instead reversed at the resistance-turned-support level found at 3904. After reversing, the price tried to break through the current high at 4175 but failed and fell back down to the buy area.

There were a couple of trade entries you could have used here. The first was the Bullish Engulf that formed upon the price hitting the support level and the second was the Bullish Hammer candlestick that appeared when the price fell into the buy area for the second time.

The outlook at the moment is a bit confusing.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/Screenshot-865.jpg

On the one hand it looks like the whales are buying at the lows ready for another rise (black arrows), but then on the flip-side to that it looks like they're selling at the highs to cause a pull-back (red arrows).

Personally, I think we're going to see a pull-back drop to 3700 or lower take place. This rise we've seen over the past couple of days has so far not had a decent pull-back. There have been pauses but no actual pullback, which means the whales haven't been able to buy additional Bitcoin, which they'd want to do if this was in fact the start of another big move higher.

I think for now it's best to wait to see how the price breaks out of this consolidation.

If it breaks to the downside, which is what I think it'll do, watch the lower buy area for signs of a reversal.

If it breaks to the upside, a new buy area we can use to watch for entries will form near the lows where I've marked the black arrows.

I'll keep you updated when there's new developments.

nice post and explaining max, maybe i can try your strategy later.
but in real situation  it will be hard than your explanation, but i appreciate your post, hope it will be work.

Thanks Reverend.

Yeh, the strategy isn't the easiest to explain or trade but if you spend some time practicing it you should get there in the end. Let me know if you need any help using it, and I'll try give you some pointers.

Bitcoin Update.......

https://www.cryptotradingschoolonline.com/wp-content/uploads/2018/12/Screenshot-868.jpg

thank you mate i'm appreciate your trading knowledge....the website give the real trading experience words :)

@Maxpips Thanks a lot for sharing!

I am curious to know what do you think about this as well:

it's true that having told a good strategy when trading is our chance to take excellent knowledge to need now until later so that we can do good and profitable trading

Hey guys, Liam here.

Sorry I haven't posted in a few weeks; I've been getting some important stuff done on the site, so I haven't had much time for trading or posting updates. I'm back now, though, so you can expected my daily updates like before.

Bitcoin Analysis: Will The Drop Continue?

Okay, so on Tuesday, after hovering between 3800 to 4200 for a week, a huge decline caused Bitcoin to fall below 3800, which had acted as strong support level since late December. The break of this support, and the severity of the break, is a strong signal we are now going to see the price fall back to 3000 – 3200, since that’s the last point where we saw a significant reversal took place, back in December.

Whoever caused the reversal from 3000 – 3200 in December obviously didn’t want the price to fall lower, so if the decline we’re seeing now reaches this point, it’s likely whatever group of traders and investors caused the reversal will come into the market and buy again, causing another reversal to take place.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-990.png

I’ve marked a buy area around the 3000 – 3200 that encompasses the points where the people who caused the reversal back in December would have bought. If the price falls back to 3000 – 3200, there’s a very high chance it will reverse somewhere inside this area, so keep that in mind if you plan to buy or sell Bitcoin if the price continues to fall.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-991.png

As for the short term, a large bearish hammer candlestick (a candle with a large wick – marked with blue arrow) formed a couple of hours ago, which is usually (but not always) a signal a decline is about to take place. So we could see the price continue to decline over the next few hours.

For the moment, I think it’s best to stay on the sidelines and await more developments.

The price isn’t really doing much at the minute, so it’s not easy to determine whether it’s going to rise or fall. I think it’s more likely to fall, but that’s just my opinion. It could easily swing either way, to be honest.

If anything of note happens, I’ll be sure to keep you updated.

Have a good day.

Note: I've added lots of new content to the site, including a couple of guides found on the resources page.

Check it out if you're interested: https://www.cryptotradingschoolonline.com/ (https://www.cryptotradingschoolonline.com/)

Bitcoin Technical Analysis 15/01/19: Sharp Rise Indicates Near Term Reversal

Hey guys, hope you're all well. In yesterday's analysis I mentioned how Bitcoin looked quite bullish, after a bearish hammer candlestick appeared but failed to cause any significant down-movement. Well, not long after that update went out a sharp rise caused the price to jump almost 5%, breaking through the highs made yesterday and the previous highs made on the 13th.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-997.png

This rise could signal the beginning of a reversal back to 4000, but I'd hesitate to call it that just yet. I think another rise, maybe to the 3800 support level, needs to take place before we can say the price has a high probability of reaching 4000 again.

At the moment, I think it's a good idea to keep an eye on the area I've marked at the bottom of the reversal. The reversal signals that someone with lots of money decided to buy a large amount of Bitcoin. Often, when somebody want to buy a large amount of Cryptocurrency (Bitcoin, in this case) there aren't enough people selling at the same time for them to buy the full amount they want, so they have to buy twice.

If this is the case with the reversal seen yesterday, there's a high chance we could see the price drop back into the area I've marked and reverse. If you see the price fall into the area keep an eye for large bullish (green) candlesticks, as they usually appear just before a reversal take place.

I'll keep with you updated if there's any new developments.

Yes you are absolutely right making some good advice will always develop our strategy and our technique to get more profit this topic will definitely employs a lot of people unique and profit also you can definitely get some huge amount of profit by using some good Strategies and this strategy is also very good.

I also like that I don't really like trading in the short term because I am the top holder of bitcoin and altcoin, so with the above strategies, I will definitely learn them while still being able to benefit now.

Very interesting point, but with a so high volatility, I'm not sure you'll have results.

I decided from today to try and day trade and mainly USDT, BTC AND ETH unless there are other altcoins also that might be noteworthy for daily trades in the top 100. I will gladly review your articles and see if I can take some advice form them. I would like to earn and turn over a profit of around 30-40 USD daily just to pay for the daily living costs for myself and my wife. I would like to try to aim for earning around 2-4% a day to reach those kind of returns for which I need to survive and then I can take it form there to grow my capital. I would like to also see if there are any good trading robots which I can automate on some exchange like Binance maybe.

Samantha new techniques will be very useful for all the new people to make lots of profit in quicktime so strategies are very useful for each and every people to get attracted by the cryptocurrency field.

This is a great trading skills for a 6 months old trader,wondering how you got to learn this so fast while me as a frustrated trader LOL 😂 is still not in good form when it comes to crypto trading,but with this thread i guess i might find some good result soon.thanks for this and looking forward for more updates

he has been in forex for much longer. so he doesn't only have 6 months experience. Be sure he has many years of experience by trading on the forex market

Woah, thanks for the comments guys. I didn't think anyone was still interested in this thread. Guess I was wrong  ;D ;D.


It's mainly because of all the time I spent trading Forex Btc 78. If I only had 6 months experience I'd be losing most of the time too. It took me like 3 years to become profitable trading forex, and even then I wasn't 100% confident. Just stick at it and go through the content on my site. The stuff on there should definitely shorten the amount of time it takes you to start making money. It won't make you a successful trader overnight (obviously) but it will help you get there quicker..

Let me know if you need any help too.

Here's a quick update on Bitcoin.......

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1004.png
 

Bitcoin Technical Analysis 16/01/19: Reversal From Buy Area

Hey guys, Liam here. In yesterday's analysis I marked a buy area on the reversal that took place back on Tuesday and said if the price returns to the area there's a high probability it will reverse. Yesterday evening we saw the price fall back to this area (black arrow), and low and behold, it reversed.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1005.png

The price didn't drop deep into the area - which made it difficult to get a trade entry - but it was still possible to enter on the lower time-frames. The price hasn't increased much since the reversal but a large bullish candle did form early this morning (blue arrow) which does suggest we could see a bigger taken place later today.

The outlook right now is still a bit negative. The reversal from the area was a good sign but it's not enough to confirm we're going to see a move back to 3800 - 4000. Really, a strong rise above yesterday's highs needs to take place for a move back to 3800/4000 to be a likely scenario, which we obviously haven't seen yet.

For now, my advice is to say put and await further developments.

So buying still under $3540? Don't you think that price can not achieve this level? The price behaves very strange.

Wow thank you for sharing your ideas and strategy in trading and this is a big help for the people want to trade and specially for the people want to start to lear trading. You have a big heart helping to the crypto community sharing your hard work and ideas, good luck and may godbless you

Yes, the price is moving a bit strange at the minute, Rebrik. I think the whales are gearing up for either a big rise or a big drop (hopefully a rise). I'm just trying to keep watch and piece together what I can for now.

Bitcoin Technical Analysis 17/01/19: Large Spike Could Signal Rise Up-To Highs

Hey guys, here's my analysis. The rise above 3660 I said needed to take place in order for a move up-to 3800 to begin, didn't occur yesterday. The price did rise slightly in the hours after I posted yesterday's analysis but it soon began falling again.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1015.png

Whilst the price did decline it didn't fall much, eventually finding support near the buy area that caused yesterday's initial reversal. In the last 30 mins we've seen a large spike (blue arrow) down to 3540 take place. Spikes like these usually signal the price is going to rise, as they show traders and investors have rejected lower prices. So we could see the price rise up to 3600 - 3700 over the coming hours.

For now, I recommend awaiting more developments, to see how things play out.

Bitcoin Technical Analysis 18/01/19: Large Drop Signals Decline Back To Buy Area

Hey guys, Liam here. In my previous analysis, posted yesterday morning, I said we could see the price of Bitcoin reach 3660 over the next few hours. Amazingly, yesterday evening the price hit 3657 - 3 points below the 3660 I predicted it would hit at the beginning of the day!

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1030.png

The rise began a couple hours after the spike (blue arrow) formed and ended around 11 o clock last night. Since it ended, the price has fallen and over last hour it's fallen quite a bit, which suggest we could see it continue to decline over the next few hours.

At the minute, there isn't anything we can do. So for now just monitor the situation, to see how things play out.

it would be more interesting if you made a group for trading signals, in my opinion it would be more effective than you making updates on this forum.

I don't have time to do trading signals at the minute Barbaian, not with the site and everything going on. It might be something I do in the future though. I'll keep you updated.


Bitcoin Technical Analysis 22/01/19: Large Decline Puts 3200 In Danger

What's up guys. After a sharp rise on Saturday afternoon it looked as though Bitcoin and most other Cryptocurrencies could see some decent gains heading into the week. This was short-lived, however, because on Sunday a huge decline wiped out not only the gains caused by the rise on Saturday but also most of the gains we'd see over the past week.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1056.jpg

The decline ended once it hit the buy area located between 3481 and 3540. So far the area has managed to hold the price but I think it won't be long until we see another large decline, similar in size to the one seen on Sunday, take place and push the price down towards 3200.

For now, monitor the situation closely.

I have this thought too and this will help and direct newbies investors on trading.  Those that are failing in trading do jump into trading without proper advice from expert in the market.

Listen, I'm not doing trading signals. People that want signals don't want to learn how to trade, that's why they want the signals. You don't learn anything from getting a signal. If I say buy now at 2400, how does that teach you how to trade exactly? If you need info on trading like a strategy or tips or techniques for making money check out my site or read some of the posts on this thread. People have said receiving signals would teach them more than the posting updates on here. To those people......have you even bothered to read some of the older posts, where I go into detail on the whale traders and what some of the different candlestick do. There's so much info contained on just this thread alone, not even counting all the stufff on the site.

Here's a quick update anyway.....

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1057.png

Bitcoin Technical Analysis 23/01/19: Spike May Signal Rise To 3700

Welcome back, everyone. In yesterday's analysis, I explained how the decline seen over the weekend could cause the price to hit 3200 over the coming days. In an interesting turn of events, just after that analysis was uploaded a large decline took place that ended as a spike - a decline where the price turns back and moves in the other direction.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1063.png

This spike is interesting because it could be a sign the Whale traders (the people who control the Crypto market) are buying large quantities of Bitcoin, which, if true, means we'll are likely going to see the price continue to rise over the coming days.

The point to keep an eye on is the area found at the bottom of the spike, between 3425 and 3480.

The Whale traders usually can't buy all at once price due to liquidity constraints (basically because not enough people are selling). Which means they have to buy in parts; one set of orders placed at one price and then another placed at a different but similar price.

If the spike has in fact been created as a result of the whales buying and they haven't been able to get all their orders placed, they'll probably buy more Bitcoin when the price comes close to the point where they first bought, which is the area I've marked.

So if you see the price enter this area today or tomorrow keep an eye out for reversals, because the whales could buy again and cause a rise back up to 3700 to take place.

A very nice strategies and thank you for sharing this with us on this platform.  I think we are to learn from professionals in other to gather they strategies and trade with them for maximum profits.  If you are not a good trader you should follow op strategies to learn how it works and other advice from professionals here.

Thanks Idrisu, glad I could help you and everyone else here.

Not Much Happening On Bitcoin Today, So Here's A Quick Etherium Update.....

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1068.png

Bitcoin Technical Analysis 28/01/19: Decline Could Signal Move Back Into Buy Area

Hi guys, Liam here. Over the past week or so Bitcoin has been rising and declining within a pretty tight range, leading to not much action happening. Today, however, a big decline caused the price to break through the bottom of the range, and the outlook is now quite negative.

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/01/Screenshot-1092.png

This break could set in motion a move back to the buy area created between 3129 and 3225 because that's now the most recent point where big traders/investors bought a large amount of Bitcoin. But we could see a couple of small rises take place during the decline, some of which may cause a rise back 3400.

For now, keep an eye on the price and wait to see if it manages to fall into the buy area between 3129 and 3225.

Wow you are really professional traded? Startegy is good to earn money but it can cause also sometimes losing money.

You think price will drop under 3300 USD? Even till $3200 and under?
I'm not sure, but I think that you can start buying carefully when the price drops below 3300 USD, imho.

I've seen your website. You provided so many informations about crypto trading. I'd like the strategies more because i already know the basics of it. But for those newbie who are planning to do trading, your website is very helpful.

it's true that this information is great for our trade so we can get a profit. but to lose or not lose it depends on how we carry out our own trade

Hey guys, Liam here.

It's been quite a few weeks since I last posted. I did intend to keep posting after my last update in March - I think it was March - but I had some things go wrong with my site; some of the content kept disappearing, and my hosting provider was up to something fishy behind the scenes. It took a while to sort, but I've managed to get it all fixed and will now be resuming my daily analysis as I used to before.

As always, if you have any questions about trading or investing feel free to post them here, ask me through the contact page on my site, or just email them to liamcrypto123@hotmail.com.

My first analysis will be up shortly, stay tuned.

P.S: Here's the link to my site too, just in case anyone has forgotten.

https://www.cryptotradingschoolonline.com/ (https://www.cryptotradingschoolonline.com/)

Good to know that you are back again, I appreciate your TA's and it gonna be useful for new comers.

I'm not really good in trading, in fact, I've never used any TA's since from the start. Only I have is my understanding towards the market, using basic strategies will seems good to me and I usually be in trading during bull run. Even I've only generating small profits but it gives me satisfaction though, maybe I have something to work more in order to have a good trades in this year.

Hey, good to see you back Kelvin.

Well, whatever floats your boat man. I mean, if your strategy is working great for you then, by all means, carry on using it. Do you ever scale into your positions? Because if you don't that's one thing that can really make you big money if you do it correctly. Scaling in is basically where you place a trade, wait for it go into a bit of profit, move the stop up to the price where you entered (to remove the risk) and then place another trade and do the same again i.e wait for it to profit and then move the stop. And then you keep doing that over and over again with multiple trades.

The result will be that you have multiple trades open making you money but you won't ever be risking more that one trades worth since the stop on the previous trade will be at the price the trade was entered before you entered the next trade; therefore you won't be risking any more money.

You should try it out, see if helps or not. It works on any currency and on any time-frame. You should really use it with a TA strategy but I'm sure it'll work fine with whatever you use.

My analysis will be up soon.

This site is really worth sharing for. Even I admit that i just know trading but not an expert about it. Newbies will now have a foundation based on your ideas but the success are also depends on how they will take it. If they will do it seriously or recklessly.

Nice share mate, this can be a good place to learn how to anticipate and study how patterned will give good advantages when dealing inside trading, not that much engaged with Bitcoin trading as I love holding and saving it but from what I'm seeing there's chances to workout with daily /short term trading.

The information in the site are top notch a newbie can easily grasp all the contents and understand every details outlined.
I also learnt another and easier way of drawing support and resistance lines which I believed is another viable tool for trading.
I also try and deploy those strategies for practice ie demoing and see how consistent in profit is the strategy.

Yes, sure thing man. I'll do a post later that explains my strategy as well as some of the other techniques and things I use to find trading opportunities in more detail.

Here's a quick Bitcoin update...

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/05/Screenshot-1842.png

I have seen your page and it is very good, very didactic, but I want to ask you what times do you take to trade? Apart I see that you have many examples of graphics but I do not see the volume analysis, and I think that the volume analysis informs a lot, analysts with intervals of opportunity areas and supports that are formed when there are small lateralizations.

I would like to know if you do trading only based on technical analysis or how you analyze the market, do you do it through some theory about some speculator?

Do you have any official account statements that you can share ?

How much have you managed to make since you started this website and system, excluding VIP subscriptions & memberships,

ie what are your net trading profits in both percentage and absolute terms ?

I too would be very interested in knowing this information. The Crypto market is certainly changing in the right direction. Me and a friend of mine, who owns a very successful online advertising company are looking for a successful Crypto trader to promote. 

Thanks, Lucky. I trade pretty much all day long. I don't sit with my eyes glued to screen, though... well, sometimes I do, but it depends on what's going on. I'll usually just check the charts every 15 mins or so to see what the situation is and whether there's anything of interest. I do use volume from time, believe me, I know how useful it can be. However, it isn't necessary for how I trade which is why you never see it in the images.

The way I trade is probably 50% technical analysis, 30% order flow, and then 20% game theory. Technical analysis because I use charts and technical concepts like trendlines, S + R, Fibonacci etc, order flow because I understand how the market works behind the scenes in terms of how people buy and sell, and then game theory is basically understanding how other traders/investors make decisions and how those decisions impact the price - this is like the glue that gels everything above together.


I'm not willing to share account statements or things like that - you can easily backtest the areas to get a sense of what percentage profit they can make per month anyway. The site I haven't really made anything from. Since it's new only two or three people are coming per day, so it's going to take a while for it pick up steam.

This is actually nice. I never saw any professional trader that helps everybody for free. I mean there are a lot but they were only signals from different trades. I'll try reading your trading view later. Thanks for the strategy sir. Goodluck in trading.

yes maybe it will also useful for me because I am searching for the good strategy to mynextmove about investing lots of amount and make my income to be more standard and I definitely try this if I got success I will be very happy.

I'm really attracted to the way you say that you use game theory, it's a point I had not taken into account, since game theory is actually a bit complicated, but your analysis is very good, I ask you because I see that you use technical analysis tools that are good, in my case I analyze the market from the point of view as taught by Wyckoff and Livermore, but the truth with the theory of games is really impressive. I see that you have an understanding of the market similar to how the speculators I have read that at that time the game theory was not used but if the analysis under the volume, I follow this thread very closely.

Even if OP is giving some free guides on how to trade and buy or sell your coins at a perfect time, you should not completely rely onto it. Individual thoughts are much essential and also i don't think that peoples would simply buy or sell on anyone's signals.

New traders are in a strict need of such ebooks and learning graphs as they want to start their career in here but the one's who are trading since years should use their own brains to look for a profitable trade.

Thanks for the comments, guys. Hope you have a profitable month.


Yes, check out my buy area sell area strategy guide. The theory behind the strategy in terms of how and why it works is a bit complex, but so long as you have a basic understanding of it you should be able to use it fine. Plus this thread will give you an idea of what areas to look for anyway, so it won't be to tough to figure out.



Ahh, another Livermore devotee. Great trader wasn't he? I remember reading his book long ago and being amazed at some of the things he did. Like getting chucked out of the bucket shops because he could read the patterns in the order flow data aha... what a guy. Shame how he ended up though. All that amazing success and then suicide... such a waste.

So my understanding of game theory isn't really scientific in the sense that I'm not sitting around calculating what the chances are of different traders doing things and then how that'll affect the market. It's more I think about the different groups of traders/investors in the market, understand how they buy and sell (and what causes them to buy or sell), and then use that to determine where they've placed their trades/investment (the buy and sell areas) as well as have some sort of idea of when they're likely to do things in the future.

To give a quick example, I know the whales and other big traders (and us too actually) can only buy or sell when other traders are buying (if they want to sell) or selling (if they want to buy) - and that the more crypto they want to buy or sell the more traders they need to have selling or buying at the same time. With this fact, I know the whales CANNOT buy when the price is rising or sell when it's falling, as most people trade in the direction the price is moving in, therefore there's nobody there for them to buy or sell too.

So in order to find out where they've placed their trades to cause a rise or decline (and in the process a buy or sell area) I have to look for the last time the price was falling, in the case of them causing a rise, or the last time it was rising, in the case of them causing a decline, since that will have been the last time they were able to buy or sell, as per what I explained above.

That's one of the simple ways I use game theory, Luck. Sorry if it's a bit tough to understand, this stuff ain't easy to get... or explain for that matter. But that was just a quick example so you could get an idea of how I use it.

Thank you for sharing your strategy in trading, I see your strategy is very simple and easy to do, hopefully your trick will be useful for me

There are peoples who would like to start trading with the cryptocurrencies seeing the bull markets arriving and I really think that the website you created would really be much useful for the newbies and also it might help them to avoid any loss as of entering the cryptocurrency markets. There are a lot of skills and techniques used by individual traders and some of them might never want to share them with the community.

Also you yourself need to gain some more experience to make the markets give you some more knowledge and experience as only 6 months is not that big time and also it might not be called as experienced. It is good to hear that peoples like you are shifting from forex trading to cryptocurrency trading.

Completely agreed and also considering the rank of OP I do not really think that most of the peoples could trust OP but as he is doing some good work here by publishing free ebooks and guides on trading I think it would be much appreciated by the community and they can find some good tricks and tricks from the website developed by OP to trade with their coins.

No one would blindly trust anyone so off course after going through the guides on the website, we can come to a conclusion that OP has no cruel intentions and could be trusted. New traders who have joined in with the crypto trading needs to get some experience themselves by at least trying paper trading or anything similar.

Reaching a professional level in trading is very amazing as most of us really want to become one someday. There are plenty of opportunity in trading like good amount of profit either you want to trade daily, weekly, monthly of long term holding.

I am sure that you already earn a lot from trading using your technique as you already consider yourself as one of the professional traders. Your site is very simple also with ssl security, maybe someday I will try to be part in your VIP membership.

Monitoring of market and trading signals are the most important in all trading

Of course, but sometimes it’s not enough, we have very huge volume of info everywhere

And it’s easy to get lost in it

Lol, why? You almost need to explore different sources, choose reliable and useful for you and then only follow these sources, not a big deal

that even sounds difficult and the hardest thing is to start:) can you advise some which you use?

velvet.exchange blog-posts on medium, so informative

Thx!

Sorry guys, I've been away for the last few days so haven't had chance to post.

Thanks for all your comments, let me know if you have any questions about anything.

Here's today's analysis...

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/05/Screenshot-1891.png

if indeed he feels his trading strategy is good maybe we can try it and we can imitate the style of their trading practices. this might look simple but a professional trader deserves to be a role model in traders

Crypto market is constantly changing, so traders need to be able to understand the ups and downs of this market. There is no patterned formula to guarantee success in trading. To succeed in this market traders need to be patient, talented and mindful. Develop a trading plan and always adhere to it. Set your main trading aim, now is the time to start learning and know how to achieve it. Don't be afraid of losses, every trader has them. Set stop-losses for every trade. Otherwise, failure is almost certain. Develop a strategy that you feel comfortable using. Developing such a strategy is a trial-and-error process that takes a lot of time and patience. You have understand what you are doing and why you are doing it.

An experienced trader is always a good explanation for the beginner, his explanation and guidance will help us to learn some technical knowledge from his experience. So experience traders are the role models for the beginners to learn from those videos.

Thank you for sharing information with us. As a not quite experienced trader, I can learn a lot of things that I have missed. I hope this will save me at least part of the mistakes.

 
It is quite helpful for new traders to even consider the graphing analyses as you have analyzed the graph they can also think of it. New traders should learn the graphing system as well at the same time sticking to the market will be helpful in making the decision whether I should buy or not. There are many other professional guides who have written articles sharing experience in events helpful for newbie.

the link you gave was too helpful mate, I am very much sure that I can also use it as my addition reference to learn more about in trading.
Thanks for this dude, your strategy too are not complicated also, which I know I can do the same thing what you did. Perhaps there's nothing wrong or it is okay if I will imitate your style, isn't? :D

from the graph we can make technical analysis. so with this analysis we can predict the next run of prices. although not always correct every analysis, but at least we have a reference to move, because all are just opportunities

Agree, every experienced trader will do a lot of research before investing in any coin but one thing i can assure you even an experienced trader may face loos when the market is not accurate. According to this experience, he might guide us but there is a guarantee whether we are going to make money with the charts he is showing.

Hey go ahead, man. I don't mind if you use it, that's why I put it out there lol. Let me know if you need any help with it.


Bitcoin Update...

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/05/Screenshot-1942.png

Looks like you are professional and you are experienced trader, by the way its really wonderful strategy, i think i have to try your strategy. 😁     

Probably, it will be really helpful for beginners especially. However, the newcomers should not deal with the day trading. Even using the best strategies, they will make mistakes. The best way not to do them is to get more knowledge.

Hey Max, Still looking at the lower TF for signs of a reversal in the buy area?
Can the Big green candles occur on lower TF than the hourly?

very easy to say, but hard to implement it. Unless if you are full of knowledge about in reading the chart graph and reading in the candle stick too. Because doing trade is a matter of timing also, if sell at the wrong time it wouldn't help you out to get profit but if you sell or buy it timingly for sure you will a huge profit in crypto or bitcoin.

You are right newcomers will get more frustration when the price starts decreasing and start selling them for loos, i have experienced this at the beginning of my trading. They need to acquire knowledge about trading because we need to stay strong when the market is going down, instead of selling them for loos better hold it for some time until the prices start increasing again.

I think this is a clue for those who want to learn to trade. I read it a little, and I thought it was very good, and explained in a simple way. for those who want to focus on the world of trading, maybe plugging into the site and reading a few articles in it can make your insights increase.

They can, but it's best to wait for them to form on the 1 hour - if you're trading the 1 hour that is. Even though big candles will often form on the lower time-frames before a reversal, because they're not made up of as much data - like a 15 min candle only shows 15 mins worth of data... or opinion is probably a better way to put it - they don't have a high probability of being successful, so it's best not to trade them and wait for big candles to form on the hourly instead.

Here's today's update...

https://www.cryptotradingschoolonline.com/wp-content/uploads/2019/04/Screenshot-1971.png

Many people will not give their strategy to be useful for other new beginners but I like your way of approach and your strategy to be useful for lots of people and I think it will be also one of the good strategy to be successful in trading and also we can make the profit also using this method.

The more experience a person has in trading in other areas, the more chances he has to earn in the digital asset market, as he has already developed discipline, the ability to wait and have enough patience