This is a recent video of ETCUSD-1 of only a few cryptos now

7 Jan

This is a setup involving the most important momentum indicator of all Volume and probably the number 1 ingredient that's needed for your trade to run towards a nice profit.

Unfortunately where I am Australia, from here is where I do trading from, well the most important thing Volume is usually missing right through the morning session, but not always.

But there did seem to be much buying during the recording of this pair and this trade went live from about 10am on Tuesday 7 January.

Another wonderul indicator ftht is often overlooked with a view towards it not working, could not be further form the truth. When used correctly the MACD won't be only a trigger to buy or sell into a trade, but I use it sometimes in the current traded timeframe or the next timeframe up will allow me to steer price up or down by watching for any cross of the MACD and Signal lines. Standby

7 Jan

Catatan

Some syntax on what I wrote above apologies I normally prof read straight away.

So 3rd paragraph reads wrong. It should say this,

"But there did not seem to be much buying during the recording of the pair", so in other words volume is down a bit due to the holiday seasonality.

Next 'ftht' should be

So the MACD if you check the macd-line and signal-lines and you see a nice and growing seperation, that is telling you that there is some healty volatility in the instrument you are trading because the fast and slow moving average are separating. Final tip for today, if you don't like macd cluttering your chart then I get it but what I sometimes do is remove the histogram and its removal will not affect or hinder the functionality of the macd indicator. A few moving averages on your chart can be an alternative way to knowing when your trade might be going against you. For example, just a 10ama and 50ema or close to these numbers wont be a bother, when on a chart and higher timeframes will of course move price in a bigger way with less noise of the lower timeframes, for example a bullish cross of the 10 and crossing up and through the 50 ema would be a signal to end your shore trade and consider a long position, EMAs when stacked and volume are all you really need. Thanks for your interest. Remember less is more in trading, as I've found out down the years and betting big unless you've nailed the trade it will be turned against and you and you'll have considerable losses setting a scene for revenge trading and further big losses. I will bet with a lot of margin only when I am certain close to 100% with a supporting bearish outcome like a huge increase in the VIX. Finally, having too many positions open combined short and long in whatever balance is not very cool because it becomes incredibly difficult to monitor the charts in the various timeframes. I think smaller number of positions is better beause you will be better organised to monitor these positions for possible exits from thee trades.

7 hari yang lalu

Order dibatalkan

Okay caution is needed with this one. 2800-2900 is called for if bitcoin tanks below 90k. What I'm saying is be careful short term but big big gains expected with this one over the next year as the long timeframes are in order for big gains.