Thread For Btc Daily Traders, get 70/80% accurate calls. Edit: Forex pairs added

[jackg]

Is BTCUSD going bearish because it ended with a bear candle since my broker ends all trades on Friday by 20 including crypto so I would like to find out from full crypto traders if Btc is still selling or are we now in a bull run to cover up for the bear moment

If you were online for the second big red 4h candle, we're now above that if you only saw the first then no we're around the bottom of it now..

There are other sites but if you want permenant access to charts you can use tradingview, binance, or coinbase.

[1714716693]

1714716693

[palle11]

Is BTCUSD going bearish because it ended with a bear candle since my broker ends all trades on Friday by 20 including crypto so I would like to find out from full crypto traders if Btc is still selling or are we now in a bull run to cover up for the bear moment

The major sentiment about bitcoin is still bearish. So going long should be careful journey. Bitcoin may need a major positive news for the bears to go away. But at the time now, we just have to do with the market behavior.

[palle11]

Wow... Is been a while on this thread. I have to make time to bring up trade calls here especially for forex pairs. It has not been easy with time, anyways I will put more effort to put out calls anytime soon just to help us compare our trade orders before we pull the trigger and nothing more. It is better when you get a confirmation to what we have with our trade plans. Cheers and happy weekend.

[Maus0728]

Welp! When I first saw your thread, I was going to ask why the heck BTCUSD was trading between $9k and $10k when in reality it was trading between $20k and $22k. Then I realized that you were making these calls years ago. LOL

Do you trade only with forex pairs? What about BTCUSDT? Luckily, there is a telegram notication bot for this one.

Nice thread by the way.

[palle11]

Welp! When I first saw your thread, I was going to ask why the heck BTCUSD was trading between $9k and $10k when in reality it was trading between $20k and $22k. Then I realized that you were making these calls years ago. LOL

Do you trade only with forex pairs? What about BTCUSDT? Luckily, there is a telegram notication bot for this one.

Nice thread by the way.

Thanks man. Yeah it was some time that was 2 years ago. I had to make some calls for the fun of it. I don't think I want to do a telegram thing, I won't have time for that. Telegram trading is not really my calling and I don't want to be tempted to ask for some financial benefit for such service  . I just want to enjoy my thing here, if we are lucky to get a confirmation call.

[jackg]

I don't think I want to do a telegram thing, I won't have time for that.

Maus might've meant there's telegram notifications for threads now (there was only email before).


The market looks easier (for me) to technically trade at the moment (not sure if that's the same for everyone else though but it looks like a good time to restart a topic like this - forex/stocks and crypto seem to act very similar at the moment).

[palle11]

Alright seem I will have some time to put a call on EUR/USD, lets see how it goes. The bear looks to have a little correction from this morning ride on bull. So I am going to take the little difference from the bull and go bear this few hours.

                  

Sell EUR/USD @ 0.0010

Tp @ 0.9950

SL @ 0.0040

Edited: I am off with about 50pips in profit ✓

[Mpamaegbu]

I can see that you've upped the game by making a call on a Forex instrument, the EU. OP, are we likely to have more Forex trading pairs included or you're going to limit it to just the GBP/USD and EUR/USD pairs? BTW, your chart is without indicators. Do you trade hands free?

Looking at the current chart for Bitcoin today, it's obvious we're still in a dip and may not be out of it this week. That's the view I get from a higher timeframe. Bitcoin has been in a fall for the past two weeks now and it's telling on the general outlook of the market. I expect more bloody days ahead.

[palle11]

are we likely to have more Forex trading pairs included or you're going to limit it to just the GBP/USD and EUR/USD pairs?

The pairs that you are likely going to have winning are advised to be traded. When you make losses and profit, you read between your mistakes and fellow what works for you. Not always to rely on YouTube traders but you look at the reality of your trade. Trading on what gives you 70-80% winning chance is better than you can analyse other trade but may not trade them to avoid unnecessary losses

BTW, your chart is without indicators.

Do you trade hands free?

But the trade came out successful right? If you look at the entry and exit you saw the sell candle right
Sure have indicators not hands free. You only shown what you need to know lol

Looking at the current chart for Bitcoin today, it's obvious we're still in a dip and may not be out of it this week. That's the view I get from a higher timeframe. Bitcoin has been in a fall for the past two weeks now and it's telling on the general outlook of the market. I expect more bloody days ahead.

Yeah I think btc is still on fall, it could drop below $20k today.

Expect GBP/USD and EUR/USD to bear today.



This is entry, no time to calculate stoploss or tp now sorry 

[Mpamaegbu]

BTW, your chart is without indicators.

Do you trade hands free?

But the trade came out successful right? If you look at the entry and exit you saw the sell candle right
Sure have indicators not hands free. You only shown what you need to know lol

Maybe the trade came out right but my thinking is that you trade using just PA. Now that you mentioned you don't trade hands free, is there anything forbidden if we've to ask for the indicators you use?

Expect GBP/USD and EUR/USD to bear today.



This is entry, no time to calculate stoploss or tp now sorry  

Yes, we see that the current candle at 1.0025 shows a bearish movement and also considering that the candle before it shows indecisiveness between buy and sell, we may be tempted to believe that we're in for a sell. However, I will like to know at what point you triggered a sell as I can find a triggered entry price far below the current price. Correct me if I'm wrong.

[palle11]

Maybe the trade came out right but my thinking is that you trade using just PA. Now that you mentioned you don't trade hands free, is there anything forbidden if we've to ask for the indicators you use?

Yeah it did come out right  
Nothing forbidden on that but who says candlesticks are not good indicators too. There is also the support levels there represented with the red line.

Expect GBP/USD and EUR/USD to bear today.



This is entry, no time to calculate stoploss or tp now sorry  


Yes, we see that the current candle at 1.0025 shows a bearish movement and also considering that the candle before it shows indecisiveness between buy and sell, we may be tempted to believe that we're in for a sell.

I think and believe that was a sell candle but not indecisive plus other stuffs I had to confirm with lol.



Although I saw a first entry at 1.0049 but I took my entry from the second point around 1.0031 and targeted a support at 0.9982, done and dusted for the day. It was a good timing for pips hunting. ✓

At least 40pips in profit. 40 pips is alot depending on your risk appetite.
If you trade 40 pips with 0.01 lot size = $4
If you trade 40 pips with 0.1 lot size= $40
If you trade 40 pips with 1 lot size= $400

[palle11]

Expect GBP/USD and EUR/USD to bear today.



This is entry, no time to calculate stoploss or tp now sorry  

Yes, we see that the current candle at 1.0025 shows a bearish movement and also considering that the candle before it shows indecisiveness between buy and sell, we may be tempted to believe that we're in for a sell.

[/quote]

I think and believe that was a sell candle but not indecisive plus other stuffs I had to confirm with lol.



Although I saw a first entry at 1.0049 but I took my entry from the second point around 1.0031 and targeted a support at 0.9982, done and dusted for the day. It was a good timing for pips hunting. ✓

At least 40pips in profit. 40 pips is alot depending on your risk appetite.
If you trade 40 pips with 0.01 lot size = $4
If you trade 40 pips with 0.1 lot size= $40
If you trade 40 pips with 1 lot size= $400
[/quote]

[Mpamaegbu]

@palle11, I guess you double posted unintentionally. You may want to delete one.

Back to the issue at hand, and I ask this with good intentions, you said there are other stuff you include in determining entry and exit points for your trades as you stated in, "plus other stuffs I had to confirm with lol." No one is asking you to share the codes to whatever software you use but I think for education purposes it won't be any harm if you mentioned only their names. It's so those following your calls may begin to know how to fish by themselves rather than wait for your handouts. However, I still respect your right not to share that information if you don't feel like it.

[palle11]

@palle11, I guess you double posted unintentionally. You may want to delete one.

Back to the issue at hand, and I ask this with good intentions, you said there are other stuff you include in determining entry and exit points for your trades as you stated in, "plus other stuffs I had to confirm with lol." No one is asking you to share the codes to whatever software you use but I think for education purposes it won't be any harm if you mentioned only their names. It's so those following your calls may begin to know how to fish by themselves rather than wait for your handouts. However, I still respect your right not to share that information if you don't feel like it.

Thanks. I don't use software or any other indicator that is not found on the default setting of platforms but I think trading is about being patient to take your target. Sometimes a clear trade order delays a "newbie" trader out to taste the patience and you either jump into the ditch of losses - this is part of the other stuffs. At the time where the market delays to confirm your trade entry, what it is doing then is hunting impatient traders on their stop losses, hitting them off in losses, this is other stuffs lol. Sentiment is part of the other stuffs, staying away from trading the news, other stuffs. However I see these indicators as resourceful like RSI, candlesticks, support and resistance.