It can be useful

[Ipwich]

That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting  the price movement is the news and the hype around.

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[Mahanton]

thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.

It is different for everyone. See this helps so you can learn knowledge like this from search engine and YouTube. For beginners it is rather a simple way to keep on trading in the market. It makes sure you stay in the market and earn profit with the passage of time that normally goes idle for beginners.

Another tip for the beginners who can invest huge capital is a long time investment that is instrumental in keeping the risk away just because that is not meant for quick profits and even price fall in the down market cannot incur it huge loss for ultimately the market returns raising the value again.

Every tips are counted when we are dealing with trading, we just needed to make our own assumptions and enhance our understanding, people who deal with this type of investment/business have it's own interpretations of certain knowledge, though there's always a good way to avoid losing money trying to use this pattern, it is a must to workout with your emotions and always go deeper studying the flow.

As long it do adds up our knowledge and would be applicable on our trading then I don't see anything wrong to embrace on whats being shared by some people here on this forum or in any place.It would still depend on you if you do choose to use or do seek for another one. There are lots of ways and techniques when it comes to technical base and effectiveness will vary and you can mix out or do combine any of them.

[ricardobs]

thanks for your advice, it really helped my trade at this time. but only works 30%. maybe I am not right to use that. I only rely on news. and some of the telegram channels. because currently the news is more influential than technical analysis. so the candle and other analysis is number 2.

It is different for everyone. See this helps so you can learn knowledge like this from search engine and YouTube. For beginners it is rather a simple way to keep on trading in the market. It makes sure you stay in the market and earn profit with the passage of time that normally goes idle for beginners.

Another tip for the beginners who can invest huge capital is a long time investment that is instrumental in keeping the risk away just because that is not meant for quick profits and even price fall in the down market cannot incur it huge loss for ultimately the market returns raising the value again.

It is always going to be a big hectic for beginners from start but it is a normal thing as long as you are still in the learning phase, which is why it is always advisable to take advantage of simulated trading instead and get good at building a strategy before you even start trading properly. There are so many resources online to learn from and certainly, I am a product of online learning and I believe those who are smart enough will always know that being a digital age, there are lots of opportunities to tap from as long as you are ready to go through that learning phase without looking back.

[Rhaizan]

That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting  the price movement is the news and the hype around.

Actually, it's difficult to apply especially for the beginners that wants to trade.
But I would say that this is useful tips to many people here in forum.

[GregH37]

There are too much ways to trading, and not everyone could understand the explanation easy. Only hope if they understand it will really useful. And it only works on base that stable if the market is not stable it doesn't work. Only rely on feeling of unstable market

The fact about trading is that there are so many strategies, and it only depends on you the strategy you really want to be taking advantage of. One thing a lot of people do most of the time is that when they are using a strategy and making a mistake, then they just come up with trying to change strategy.

Learning is a good thing, but the thing about trading is the fact that as long as you have a strategy, build on it and gain some huge confidence when it comes to using it and the best way to go about it is to either start with paper trading or demo trading before going in real so you can at least rule out emotions when losing your funds until you are certain you are ready for the real market.

[raven7886]

Every tips are counted when we are dealing with trading, we just needed to make our own assumptions and enhance our understanding, people who deal with this type of investment/business have it's own interpretations of certain knowledge, though there's always a good way to avoid losing money trying to use this pattern, it is a must to workout with your emotions and always go deeper studying the flow.

For the most part of it, I must say knowledge is actually the thing that is mostly important when it comes to trying to trade. You cannot get it better in any other way than seeking that first. A lot of people who have discarded that and think they can just stick with the idea of gaining experience without learning have always ended up learning the hard way and still coming back to learning at the end, which is if, they do not get frustrated and bail out before then. The most useful thing is to learn, build on a strategy and build on your confidence in using the strategy and then you will be fine.

That's very useful and thanks for sharing, it would help the newbies here.
My style is I don't look at the candlestick a lot because the main factor I consider in predicting  the price movement is the news and the hype around.

What works for A may not necessarily work for B, but in reality and in the crypto space, from experience, I can at least tell you that it is a whole lot better to face the technical aspect than the fundamental aspect. With price action on the charts, and the use of some indicators, you can at least make a good guess on a trend reversal. However it is, the most important thing is to just know what you are doing and always have a plan in place whenever you are trying to trade the market because without plan and strategy, you are as good as gambling, no matter what you think you know.

[logitechwow]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Very interesting scheme, I will try the other day.
Thank.
Looks promising

[manggis97]

In my opinion that trading strategy is simple and easy to understand and have accurate about 70% so that mean there are others 30% will be not accurate. So we should be use this strategy combine with stop loss.

[Expert3]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

I think you didn't explain more about candle pattern. You just lightly showed how MACD works but nothing about candle patterns, like for example "candle closes below under moving average 21 and find out the sell" but the candles are showing bullish patterns like "Morning Star", I think beginners would be confused that they would follow the steps but still lose the trade. Anyways, there are still a huge chance to miss the prediction because crypto market is volatile and not yet regulated.

[Hans17]

for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful

Trading is not easy that's why we need to be patience and to reach our goal to become successful. There's a lot of strategy or doing technical analysis but it's true it is difficult to apply ourselves.

Well basically it is , you will need a strong sense of patience when you want to learn about how and what is trading, its been 2 years on the trading field still learning too, and its quite complicated so don't be baffled or confuse something like that, always ask to the pros or to even consult and have a conversation to your friend that atleast know about bitcoin trading, and in addition is that you can learn what is your strategy.

[herurist]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

You should included more information about your strategy. First in pair what we can you use it ( btc/ eth, xmr/ltc )?. Second, I don't see money management calculation. In this part very important because I will see my percentage risk. Last one, where is stop loss? I can't drive without break. I'll make time to try it but thank you anyway.

[Iykecollinz]

Some of these technical analysis tend to work well when a particular market is already following a particular trend, it is easier to interpret, but crypto sometimes can be funny when all indicators may be shown an uptrend or buy signal and all of a sudden the unthinkable happens and obviously it is not related to any known fundamental. I employ all those but always have a stop loss in case market goes otherwise

[panganib999]

There are a lot of different technical analysis, and all of them does not fully accurate, so do not forget to use stop loss on the every trade. Moving average is one of the popular indicator that very easy to understand it, for beginner trader this indicator is recommended to use to analysis support and resistance.

Yes, i supposed, We trader do have different type of strategy that we are using and different understanding about the market. I don't really understand the candle pattern even i study about it since the market is volatile there is also the uncertainty of that strategy that is why i don't trust it. I don't stick with just one strategy, i always change plan depends on the market situation.

[Kemarit]

There are too much ways to trading, and not everyone could understand the explanation easy. Only hope if they understand it will really useful. And it only works on base that stable if the market is not stable it doesn't work. Only rely on feeling of unstable market

Wait, are you suggesting that newbies should trade base on their emotions and not to used strategy? I think it doesn't make sense to trade at all with feelings. Well, it could work but its not a guarantee and its hard if you're going to rely on that only. In addition, we all know that this market is based on speculation so its really hard to 'strategize' to say the least. That's why I believed that experience is really the best teacher in this kind of trading environment, TA is good but something is not reliable. So for newbie, try to put a good plan in writing and see how it goes for you. There are a lot of trading strategies but you have to find what's fit your goal at the end of the day.

[arpon11]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

It will really help and I will said we really need to put this in practice before using the strategy with real money.  I have learned one thing in trading and that is another person strategies do not work for me. Candlesticks formation has been one of strategies that people used to make money from the market.

[tosmartak]

Some of these technical analysis tend to work well when a particular market is already following a particular trend, it is easier to interpret, but crypto sometimes can be funny when all indicators may be shown an uptrend or buy signal and all of a sudden the unthinkable happens and obviously it is not related to any known fundamental. I employ all those but always have a stop loss in case market goes otherwise

Well, a lot of people tend to get it wrong thinking that technical analysis should always give them accurate result but what they are there for is to guide you in your strategy and approach to making decisions when trading the market. Stop loss like you mentioned is always part of the strategy as much as where to enter and where to exit, and this is where the management of risk comes into play. One thing most people forget is that loss is part of trading, and  you always have to account for that, no matter how good you think your strategy is.

[sana54210]

Some of these technical analysis tend to work well when a particular market is already following a particular trend, it is easier to interpret, but crypto sometimes can be funny when all indicators may be shown an uptrend or buy signal and all of a sudden the unthinkable happens and obviously it is not related to any known fundamental. I employ all those but always have a stop loss in case market goes otherwise

Well, what is the point of technical analysis if it is not all about the trend in the first place? As long as trading is concerned, trend is always the first thing to look at most of the time, and there is absolutely no way you can do well without at least knowing how to monitor trend.

This is where the whole idea of TA and trading strategy comes in. Your strategy is dependent on your use of these indicators and market trend analysis to know how you want to be approaching the market, but there are other things that also apply to trading, such as risk management, principle and discipline and a lot of other things, which if you do not have, you may still find it hard to trade effectively.

[forex]

This trading tips are good, but i think it's not enough for successful trading. For successful trading u should learn more tips. I advise you to study PA (price action)

[futile-resistance]

for me it's difficult to apply, I don't really understand various trading terms. for me trading is an art that prioritizes instinct and experience. that's all for me very helpful

Trading is not easy that's why we need to be patience and to reach our goal to become successful. There's a lot of strategy or doing technical analysis but it's true it is difficult to apply ourselves.

Well basically it is , you will need a strong sense of patience when you want to learn about how and what is trading, its been 2 years on the trading field still learning too, and its quite complicated so don't be baffled or confuse something like that, always ask to the pros or to even consult and have a conversation to your friend that atleast know about bitcoin trading, and in addition is that you can learn what is your strategy.

Patience is not the best word to be using for regular traders. Even when you have a plan or a strategy, what makes you a successful trader in the long run is your level of discipline, which I believe there is no way you can have that discipline in play, if you do not get to sit down on your strategy and get to execute them without putting any emotions.

Strategies are not there to tell you by all means the market will be moving up or down, they are simply just there to guide you in how you want to be approaching and trading the market, that is all!

[nicster551]

I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.

Usually even though you don't use Moving Average and if you see the candles that forms into an uptrend it will be and uptrend. So why use MA?