I'm A Professional Trader, Here's My Strategy

[Maxpips]

Bitcoin Update........

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.

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[Maxpips]

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.



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.

[Maxpips]

Bitcoin Update........

[mirakal]

Bitcoin Update........

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.

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.

[Maxpips]

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.



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.



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.

[Maxpips]

Bitcoin Update........

[TheReverend]

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.

[Maxpips]

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.......

[oh brame]

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

[Lionel]

@Maxpips Thanks a lot for sharing!

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

IMO it is possible to "predict" an incoming bear or bull run with very high accuracy, in that when a whale/bull/bear is entering into play at a given moment, he does it on just one or two exchanges, not many of them, right?

Suppose he is playing on Bitstamp one day.
Then big price changes happen on Bitstamp, and in very short time those changes propagate to other exchanges, right?

But i am sure they propagate with some delay, maybe 30 seconds, so that if you trade on a minor exchange, you have all the time to take measures before the big change propagates to the exchange you are using.

I still haven't looked into it making precise graph comparisons, as it takes time to do this research.
Have you already investigated about this?
Have you found any kind of "patterns" that support what i'm saying?

 For example, have you observed whether or not the big whales always operate on those few major exchanges (say Coinbase, Bitfinex, Binance and Bitstamp), and then the price variation propagates to minor exchanges ( say Yobit, Cryptopia etc. ) with an useful delay ? (at least 10 seconds)

[maemunah]

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.......

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

[Maxpips]

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.



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.



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/

[Maxpips]

Bitcoin Update: Large Rise Could Signal Reversal

[Maxpips]

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.



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.

[akram143]

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.



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.

[ongkok87]

Bitcoin Update........

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.

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.

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.

[Anco_Marzio]

Very interesting point, but with a so high volatility, I'm not sure you'll have results.

[qiman]

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.

[playboy654]

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.

[btc78]

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/

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

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