Coolman4
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November 10, 2018, 04:16:14 PM |
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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
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Maxpips (OP)
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November 10, 2018, 07:25:15 PM Last edit: November 10, 2018, 07:50:36 PM by Maxpips |
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Etherium Update: Reversal Out Of Buy AreaToday we've seen the price reverse out of the buy area I said to watch for a reversal in yesterdays update. 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.
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NorihiroName
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November 10, 2018, 07:30:32 PM |
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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...
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sirminesalot
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November 10, 2018, 07:54:16 PM |
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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.
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Maxpips (OP)
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November 10, 2018, 10:53:33 PM |
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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...
Yes, a good trading plan is essential for consistent success. 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...
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.
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Malandro
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November 11, 2018, 01:44:07 AM |
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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...
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.
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Malandro
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November 11, 2018, 01:52:20 AM |
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I am a professional trader and have been for over 15 years, in stocks and crypto's. I do spot bargains and my latest one is CANYA coin - CAN. Heavily oversold and looking for a major moonshot bounce. source: https://coinmarketcap.com/currencies/canyacoin/Looks like a scam that serves to pump and dump pourposes rsrsrsrs
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mirakal
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Leading Crypto Sports Betting & Casino Platform
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November 11, 2018, 04:31:05 AM |
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I am a professional trader and have been for over 15 years, in stocks and crypto's. I do spot bargains and my latest one is CANYA coin - CAN. Heavily oversold and looking for a major moonshot bounce. source: https://coinmarketcap.com/currencies/canyacoin/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.
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Aivaryamal
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November 11, 2018, 06:24:33 AM |
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Interesting strategies, but they are suitable for those who have time for this activity, and these are very few, and need a good deposit
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Maxpips (OP)
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November 11, 2018, 10:39:08 AM |
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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...
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. Thanks Malandro. Got lots more coming, stay tuned. Interesting strategies, but they are suitable for those who have time for this activity, and these are very few, and need a good deposit
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.
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Maxpips (OP)
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November 11, 2018, 01:04:04 PM |
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Bitcoin Update: Back Inside Buy AreaThe reversal out of the buy area that was taking place during my last update came to an end last night. 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.
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Coinifyx
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November 11, 2018, 02:04:36 PM |
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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 when the a large rise/bull run is taking place - (you can learn how to use this on my site - see below) And the second part is what I use when the market is slow or ranging/consolidating. My strategy is simple to trade but requires 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/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 you can ask me on the thread or email me at liamcrypto123@hotmail.comHey can you suggest me a website for cryptotrading that does not require identity verification?
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Nothing to say
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KorakPawon
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November 11, 2018, 04:08:31 PM |
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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'.
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Maxpips (OP)
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November 11, 2018, 06:42:18 PM |
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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 when the a large rise/bull run is taking place - (you can learn how to use this on my site - see below) And the second part is what I use when the market is slow or ranging/consolidating. My strategy is simple to trade but requires 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/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 you can ask me on the thread or email me at liamcrypto123@hotmail.comHey can you suggest me a website for cryptotrading that does not require identity verification? 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. 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'.
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.
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Maxpips (OP)
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November 11, 2018, 09:12:50 PM |
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Etherium Update: Large Spike Suggests ReversalEarlier 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. 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. 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.
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Maxpips (OP)
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November 12, 2018, 11:24:40 AM |
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Bitcoin Update: Reversal From Buy Area Yesterday Bitcoin reversed after it fell into the buy area mentioned in my previous post. 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. 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.
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tstang
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November 12, 2018, 11:42:04 AM |
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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?
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)
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Maxpips (OP)
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November 12, 2018, 12:56:28 PM |
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Bitcoin Update:Rising To Current HighBitcoin 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.
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Maxpips (OP)
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November 12, 2018, 02:43:07 PM |
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Etherium Update: Rising Towards Sell AreaThe rise that began after the price fell into the buy area yesterday evening has continued today. 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.
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Maxpips (OP)
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November 12, 2018, 03:58:17 PM |
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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. 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.
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