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Mark_R (OP)
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February 06, 2020, 07:13:13 PM |
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While everyone was talking about Tesla, BTC continued moving according to logic scenarios. Opened long at confirmation candle at the support and currently closed a half. The $10,000 level is a point either for reversal trend or for a breakout  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Bagaji
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February 06, 2020, 08:59:18 PM
Last edit: February 10, 2020, 08:37:35 PM by Bagaji Merited by Globb0 (5), Becky666 (2) |
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Trading for me has not been very good because whenever i try it, the end result is loss, once you get to emotional into trading you start making mistakes without having an exit plan and with the volatile market this could end up in chasing losses instead, so i intend to read more and watch how the expert do it.
Also could you share your strategy when the price is trading between support and resistance ? how do you deal with uncertainty ?
What you really need to succeed in trading is to work on your emotion as this will not only affects your trading crypto currency strategy but it may equally affect your investment decision some time if not managed. |
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Mark_R (OP)
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February 10, 2020, 07:00:53 PM |
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Even though BTC price faced a strong resistance of $10000, it is still in a bullish range and has already 3 points proving upwards trend along with the MAs signal.  |
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Globb0
Legendary
 Offline
Activity: 2674
Merit: 2053
Free spirit
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February 10, 2020, 08:17:44 PM |
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Trading for me has not been very good because whenever i try it, the end result is loss, once you get to emotional into trading you start making mistakes without having an exit plan and with the volatile market this could end up in chasing losses instead, so i intend to read more and watch how the expert do it.
Also could you share your strategy when the price is trading between support and resistance ? how do you deal with uncertainty ?
What you really need to succeed in trading is to work on your emotion as this will not only affects your trading crypto currency strategy but it may equally affect your investment decision some time in not managed. Do you know what I realised the other day. I cant easily separate the I from the ego. For some reason your statement resonated with this realisation. So I mention it aloud. |
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Becky666
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February 10, 2020, 09:01:05 PM Merited by vapourminer (1) |
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Trading for me has not been very good because whenever i try it, the end result is loss, once you get to emotional into trading you start making mistakes without having an exit plan and with the volatile market this could end up in chasing losses instead, so i intend to read more and watch how the expert do it.
Also could you share your strategy when the price is trading between support and resistance ? how do you deal with uncertainty ?
What you really need to succeed in trading is to work on your emotion as this will not only affects your trading crypto currency strategy but it may equally affect your investment decision some time if not managed. Stability of mindset while carryout trade matters a lot and stand the beginning of unwavering profit. Many times I rejected trade because of instability of mindset, so, you're right and on point. Success in trade is a product of right mindset|emotion. |
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Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
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February 10, 2020, 10:19:08 PM |
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Yes becky don't be tricked by your ego that says you must always be right
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Mark_R (OP)
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February 14, 2020, 06:23:02 AM |
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Bitcoin futures, 1H Beautifully formed falling wedge Waiting for a downward Impulse  |
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peonminer
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February 14, 2020, 06:40:17 AM |
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Bitcoin futures, 1H Beautifully formed falling wedge Waiting for a downward Impulse Kudos on this thread mate. Are you noting that we could be reaching exhaustion and headed for a downward correction? RSI, Money Flow Index, resistance levels, and volume are all pointing to a pullback. Do you have any price targets if a pullback does indeed occur? |
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kro55
Sr. Member
Offline
Activity: 1610
Merit: 301
*STOP NOWHERE*
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February 15, 2020, 12:15:50 PM |
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Bitcoin futures, 1H Beautifully formed falling wedge Waiting for a downward Impulse This played out perfectly. Falling wedge broke to the downside as usual. Soon after you posted it. Bitcoin dropped from 10270 to 10130 which is about the height of the wedge. With high leverage one was able to make some profit. Such posts BEFORE things happen are much appreciated! I noticed this wedge in the hourly chart (Bitstamp) with higher lows on the RSI. Any thoughts on that?  |
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Mark_R (OP)
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February 15, 2020, 04:58:41 PM |
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The awaited impulse just came! TA works. P.S. What I see here is lots of stop-losses that worked in an hour😶  |
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Mark_R (OP)
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February 15, 2020, 05:02:46 PM |
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Bitcoin futures, 1H Beautifully formed falling wedge Waiting for a downward Impulse Kudos on this thread mate. Are you noting that we could be reaching exhaustion and headed for a downward correction? RSI, Money Flow Index, resistance levels, and volume are all pointing to a pullback. Do you have any price targets if a pullback does indeed occur? Yeah, I did notice this. Well, the pullpacks in such patterns are usually repeating the height of the pattern beginning. So what exactly happened in this one. |
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Mark_R (OP)
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February 15, 2020, 05:03:41 PM |
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Bitcoin futures, 1H Beautifully formed falling wedge Waiting for a downward Impulse This played out perfectly. Falling wedge broke to the downside as usual. Soon after you posted it. Bitcoin dropped from 10270 to 10130 which is about the height of the wedge. With high leverage one was able to make some profit. Such posts BEFORE things happen are much appreciated! I noticed this wedge in the hourly chart (Bitstamp) with higher lows on the RSI. Any thoughts on that? Hmm. See a similar scenario  I'd bet for an impulse |
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Mark_R (OP)
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February 17, 2020, 09:20:06 PM |
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The price broke the trend after bearish flag formation. Currently, it is moving in a downwards channel and if there is no upwards impulse, it will decrease to the lower border of the channel.  |
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Mark_R (OP)
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February 19, 2020, 08:52:15 PM |
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I've been asked several times on my software to manage risks. This is what I mostly use currently: 1) https://www.bitinsure.com/
It is an automated risk monitor. I set the limits like max drawdown and other options at several Bitmex accounts and Bitinsure sends a notification since the limit is reached. This way I can have a rest and get notified when sth goes wrong. Also, it provides automated statistics reporting. This thing is useful for trades analysis  2) https://3commas.io/I'm not a fan of trading bots but these I'd recommend. However, always track the performance and comply with risks (app above) Your software to improve trading? |
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kikosamba
Newbie
Offline
Activity: 7
Merit: 0
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February 21, 2020, 09:57:14 AM |
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Hey, can you give me any tips on cryptocurrency trading on binary options? I started a few days back with a demo account, but the whole thing is making me dizzy. Mind you, I use the 60-second strategy. Hey. I'm Mark, a full time trader. I will publish here my usual trades and any trading stuff I find useful (e.g. price analysis). This is result of several years of experience and the hints shared by my friends working at hedge fund. I've never believed that trading can become such a solid income source, but it's all possible. Probably the info being posted here will be useful for you and also will motivate me more to push myself beyond my limits. Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades |
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Mark_R (OP)
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February 21, 2020, 08:31:35 PM |
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The price is experiencing war of trends, as inside the upwards trend the one declining is forming. Besides, bearish sentiment is identified by a cross of 50 and 100 MA. The major levels are $10500 and $9500.  |
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Mark_R (OP)
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February 24, 2020, 09:36:49 PM |
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A drop was in terms of the recently formed channel (see the previous post). Quite predictable. Entered short at upwards trend breakout, closed at the support line ($9500). Drops are money as well!  |
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Mark_R (OP)
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February 25, 2020, 07:23:25 PM |
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War of trends at ETH chart. Possible retest is coming with the bearish sentiment. Othervise, the price enters back a range that is downwards as well  |
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Mark_R (OP)
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February 29, 2020, 10:29:19 AM |
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Continuing my yield curve! Fire February was quite good for earnings with really successful points to enter. Traded mostly BTC and ETH futures (Bitmex), leverage ~4-7x. High voltage sign+ 7 BTC for a month!  |
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