Bitcoin Forum
June 22, 2024, 08:00:44 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: How to recognize correct trading signals?  (Read 647 times)
Stilicho (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
December 07, 2018, 06:41:56 PM
 #1

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Infinixhot1996
Jr. Member
*
Offline Offline

Activity: 98
Merit: 2


View Profile
December 07, 2018, 07:20:17 PM
 #2

Most supposed trading signals are false as the market remains unpredictable,you could try to establish a signal but definitely it'll only be based on your individual speculations and not 100% correct.
So it's better to study the market yourself and get to look for little patterns if theirs any

Anyone telling you about any trading signals is just based on his or her own observations,so establish yours
butka
Full Member
***
Offline Offline

Activity: 434
Merit: 246


View Profile
December 07, 2018, 08:14:39 PM
 #3

I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Welcome to the club. I would also like to know what is the best indicator that gives reversal signals in a reliable way. Most of the indicators you can find out there and most of the indicators everybody is using give false signals. A good indicator is worth pure gold, and if there is one no one is going to share it for free. And a good indicator certainly is not among the popular ones that the so-called experts use all the time and promote all the time.

Moreover, smart money knows that the retail traders are using these popular indicators. What they do is use these indicators against them and steal their money.
harizen
Legendary
*
Offline Offline

Activity: 3122
Merit: 1398


For support ➡️ help.bc.game


View Profile
December 07, 2018, 10:20:08 PM
 #4

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.



That's how unpredictable crypto market is. Signals and indicators are only guide but the outcome is unknown. If that is always predictable then no such things as loss. Yes there are lots of traders who became successful using signals but that's not the only thing they relied why they won. There are lots of reference to be consider aside from signals that can increase winning rates especially for short trades (and of course it will depend on what coin/token it is).

All predictions, analyzations, chart readings are bound to be spoiled once a certain trend crashed it. That's how volatile crypto market is and we need to deal on it.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....LOTTERY..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
greeklogos
Full Member
***
Offline Offline

Activity: 658
Merit: 152



View Profile
December 07, 2018, 10:42:44 PM
 #5

You need to look at the whole picture in perspective. Take all bitcoin's results from the most beginning, mark all tops and downs, how long it was going and so on. By this model you can make an approximately construction of every bull and bear. So, you can take it as the base for future predictions. Yes, it asks work, but I'm sure it worth to be done to be able to predict the market.
Indrawan77
Hero Member
*****
Offline Offline

Activity: 1274
Merit: 516


View Profile
December 07, 2018, 11:04:14 PM
 #6

I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Welcome to the club. I would also like to know what is the best indicator that gives reversal signals in a reliable way. Most of the indicators you can find out there and most of the indicators everybody is using give false signals. A good indicator is worth pure gold, and if there is one no one is going to share it for free. And a good indicator certainly is not among the popular ones that the so-called experts use all the time and promote all the time.

Moreover, smart money knows that the retail traders are using these popular indicators. What they do is use these indicators against them and steal their money.

Indicators are only speculation based on bunch of data, it could not predict 100%, you can used several indicators to confirm the reversal, but since crypto is decentralised, it will be more difficult to predict the reversal, you will know when the market turnover when you got experience combine with bunch of indicators, you can't predict with only using one indicator
butka
Full Member
***
Offline Offline

Activity: 434
Merit: 246


View Profile
December 08, 2018, 08:19:31 AM
 #7

you can't predict with only using one indicator

You are right. You have to combine several indicators to make a profitable trading system. But my point was that the usual indicators everyone is using are almost useless in predicting the trend, or reversal. In addition, even though the crypto is decentralized, trading isn't. The majority of volume on the large exchanges is still comprised of smart money investments that drive the market any way they want.
Baofeng
Legendary
*
Offline Offline

Activity: 2632
Merit: 1667



View Profile
December 08, 2018, 09:12:09 AM
 #8

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.



To be honest, its really hard to see when the price will go from bear to bull. I'm sure that no one in this community can perfectly predict it even TA won't help at all. So don't be hard on yourself, everyone here make mistakes so absolutely there's no need to blame yourself if your weak in seeing signals.

But I will warn you not to join those signal groups because they will just artificially pump some coins. But if you're looking at bitcoin, I'd say that you just need to constantly monitor the market and the sentiments of people here in the forum, it might help you in making the tough decisions to enter and purchase or sell your stash, just saying.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
TheUltraElite
Legendary
*
Offline Offline

Activity: 2912
Merit: 1267


So anyway, I applied as a merit source :)


View Profile WWW
December 08, 2018, 09:42:11 AM
 #9

Do you have any strategy how to recognize signals when market changes from bear to bull?
Other than following market metrics on some internet sites or apps there is nothing more you can do. Its important to also analyse the market on a daily basis yourself than wait for evening recaps done by so-called analysts (that is shill pumping youtubers)

Quote
I earned now some extra btc coins by selling on higher price and  buying at lower.
Everyone here is now jealous that you revealed it. Cheesy

Quote
But i am weak to see when market is changing to grow.
There is no straight answer to when it happens. Do your own research.

Quote
Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.
Be careful of telegram pump and dump groups. They are pumping their own shitcoins and dumping when you are told to buy. Also they will try to scam you by fake memberships and all. Stay away from those.

Learn how to do TA yourself - but this is not everybody's cup of tea.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
gamer4156
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 250



View Profile
December 08, 2018, 09:54:50 AM
 #10

I use to listen my brain after doing some research. But mostly I use to set a target for every crypto currency. I do not set big targets. If I am getting some profit then I use to sell my investment. Whenever I have some spare money then I use to by some currencies after visiting some blogs and getting some facts sheets about that crypto currency. From every trader I use to learn something.
charlotte04
Full Member
***
Offline Offline

Activity: 504
Merit: 102



View Profile
December 08, 2018, 10:45:48 AM
 #11

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.



Well, it is not that bad to find a good signals for your trades, but I guess it is more convenient to find a good strategy for your trading.
supermine
Hero Member
*****
Offline Offline

Activity: 826
Merit: 518


View Profile
December 08, 2018, 01:01:10 PM
 #12

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.


The answer is no,no one can find out when the market is going bearish or bullish you may pick the signals based on the technical analysis but still it is not going to happen for sure so just believe in your luck and start buying now.
Lazada
Sr. Member
****
Offline Offline

Activity: 686
Merit: 250



View Profile
December 08, 2018, 01:26:20 PM
 #13

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.


There is nothing predictable in the world of trading. Everything can happen so quickly. So don't ever convince yourself on a coin. Do various analyzes and see how the market moves. You need time and you also need data to be able to try to observe price movements. In the world of trading and the crypto world is a very unique thing, many wonders and we will have difficulty in determining how the decisions we will make.
el kaka22
Legendary
*
Offline Offline

Activity: 3556
Merit: 1162


www.Crypto.Games: Multiple coins, multiple games


View Profile
December 10, 2018, 07:10:11 AM
 #14

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.
I doubt any of us can really see a trading signal in this market.
Any signals and indicators that we are accustomed to in trading world does not really work around here.

It is more about the sudden changes because of news and manipulations by whales than just signals to be honest. I think the problem in our crypto economy is that it is too volatile and I don't know if that is because its unregulated but there is a big epidemic of swings that can make or break someones life in bitcoin.

Considering the prices can move this quickly from one way to another I don't think any successful trader can make too many right decisions in a row, maybe couple but after a while it becomes unpredictable and starts to go down. During the 6500 to 5000 time a month ago the price break all RSI records it ever had and became so low, nobody could ever anticipated it.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
bravehearth0319
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
December 10, 2018, 07:53:50 AM
 #15

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.



Using indicators is making us a fool as a traders dude in my assessment on this, however, when you are in the actual market platform always look or check the highest buy support or lowest sell wall with this I think it will give you anyhow or idea about on which things for you need to do
the right things. Actually, reading the candle stick is a big help for you to understand the situation in the platform exchange anyway.

TheUltraElite
Legendary
*
Offline Offline

Activity: 2912
Merit: 1267


So anyway, I applied as a merit source :)


View Profile WWW
December 10, 2018, 08:49:03 AM
 #16

I use to listen my brain after doing some research.
I am surprised that your brain is so skilled that doing some research yields huge results. Cheesy

Quote
But mostly I use to set a target for every crypto currency. I do not set big targets. If I am getting some profit then I use to sell my investment.
When was the last time you sold some coins? In this year we havent had much opportunities to sell except those who dumped after having bought at all time high - obviously at a loss.

Quote
Whenever I have some spare money then I use to by some currencies after visiting some blogs and getting some facts sheets about that crypto currency.
So you dont do your own research but depend on others to do it for you and you just follow them. Nice way to lose money actually. Roll Eyes

Quote
From every trader I use to learn something.
I wonder if these traders are even real or just altcoin shills.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
iamverybusyperson
Newbie
*
Offline Offline

Activity: 174
Merit: 0


View Profile
December 10, 2018, 09:17:35 AM
 #17

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and  buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.


I subscribed to some telegram channels so then they post something about current trading situations at the market i made some decisions.
Gozie51
Hero Member
*****
Offline Offline

Activity: 2520
Merit: 624



View Profile
December 10, 2018, 11:56:57 AM
 #18

I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Na na... It will surely help you if you keep working it out. Every indicator has nice potential especially the ones that will direct you on the trend. There are all there in your trading platform. However, no signal is perfect.

Anyone telling you about any trading signals is just based on his or her own observations,so establish yours

Exactly what it is bro.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
..FAST DEPOSITS .........
..AND WITHDRAWALS..
    ▄▄████████▄▄                        ▄██████▄
  ▄███████▀██████▄                    ▄██████████▄
 ██████ ▀▀ ▄ █████       ██          ▄████████████▄
████████  ▄▀▄ ▀██▀      ▄███       ▄███          ███▄
███████▄  ▀▀▀ ▄██      ▄█████▄    ████████    ███████
███████  ██▀  ▄██     ████████▄   ███▀ ▄▄▄    ▄▄▄▄▀██
█████▄▄  ▀▀▄   ██▄    ▀▀█████▀▀   █████▄▄▄▄▄▄▄▄▄▄▄███
 ██████ █ ▄ ▄█████    ▀▄▄▀▀▀▄▄▀   ████████    ██████▀
  ▀███████████████     ▀█████      ▀██████▄▄▄▄████▀▀
    ▀▀█████████▀         ███         ▀▀████████▀▀
..WHEEL OF..
..FORTUNE...
.WELCOME OFFER .
......200% + 50FS.....
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████▀▀██████
████████████▀▀▀    ██████
███████▀▀▀   ▄▀   ███████
████▄     ▄█▀     ███████
███████▄ █▀      ████████
████████▌▐       ████████
█████████ ▄██▄  █████████
███████████████▄█████████
█████████████████████████
▀███████████████████████▀

.PLAY NOW.
[/ta
superstarbtc
Jr. Member
*
Offline Offline

Activity: 378
Merit: 3


View Profile
December 10, 2018, 02:46:51 PM
 #19

in the crypto market, it is difficult to follow any signal it is advisable to buy and hold cryptocurrencies coins and sell when the coin in profit in bear market mostly no crypto signal wont work
Idrisu
Sr. Member
****
Offline Offline

Activity: 924
Merit: 260



View Profile
December 10, 2018, 04:04:30 PM
 #20

All the signals are not reliable and it takes strong mind for one to really make money from this market.  I think the candlestick formations are the best and a bit reable signal one can find in trading.  Though candlesticks formation are not 100% realible.
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!