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Author Topic: Can i used specific forex trading indicator in crypto trading?  (Read 383 times)
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August 03, 2017, 12:39:45 PM
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In forex there are many specific trading indicator such as fibo musang, turtle trading, can i used specific forex trading indicator in crypto trading?
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August 03, 2017, 01:21:06 PM
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In forex there are many specific trading indicator such as fibo musang, turtle trading, can i used specific forex trading indicator in crypto trading?

yes of course you can do it,
a lot of people using it FIBO and other indicator when they're trading cryptocurrency,
but for me i am not using it,i mean not everytime when i wanted to trade i just a few times when i need to find out market direction.
Forex and Cryptocurrency are different in my opinion because if you trading forex sometimes or many times we can see our assets underwater but if you trading Cryptocurrency (Bitcoin),i never afraid about my assets underwater because i just need to hold it a bit longer from before and i will get what i deserve (profit).
and go here :
https://www.tradingview.com/ , you can find many people using trading indicator for trading and sharing their thought

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August 03, 2017, 01:28:11 PM
 #3

In forex there are many specific trading indicator such as fibo musang, turtle trading, can i used specific forex trading indicator in crypto trading?
Yes you can, There are exchanges who do have this kind of tools while you are trading on them. Its just like a usual trading platform which you do use on trading forex. Im able to say this since im a forex trader too and all technical indicators or tools can really be found on crypto exchanges but i would like to give you some tips, technical analysis wont somehow work on crypto trading an im sure you will really notice this thing while you are trading on the way.

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iram1011
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August 03, 2017, 01:47:42 PM
 #4

In forex there are many specific trading indicator such as fibo musang, turtle trading, can i used specific forex trading indicator in crypto trading?
These technical strategies work well with Altcoin trading as well. They basically are used for determining the exit and entry points. So are helpful in altcoin trading. But at the same time altcoin trading is very different from Forex trading because of its Decentralised nature and thus it has no regulations. Which makes it very uncertain and pumps and dumps and scams are quite common.
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