Bitcoin
Long
Updated

Trying To Trust my Indicator and Not Tricked by Price Movement

174
Too often, My indicator catches the move but I THINK and don't trust it. Trying to just watch the indicator and "use the force"! You can check the results of what happened on your own charts. I totally would have caught that big drop but I was sleeping and I would NOT have shorted it ANYWAY because I didn't trust what my indicator was telling me!!

FYI, I drew ALL the arrows only looking at the lower indicator. I've used this technique before and it works but you have to take ALL the signals - GOOD or BAD. Because you NEVER know which one will be a winner or a loser.
Lot's of losing trades but it will catch +75% or more of EVERY big move. Haven't figured out how to automate it or even test it.

YELLOW arrow is if I would have cheated and got in early, BEFORE confirmation of GREEN arrow.
Trade active
Here's what I am looking at.
snapshot
Trade active
snapshot
Trade active
SELL
snapshot
Trade active
Trying to catch EVERY signal on the 15 minute chart. In mu opinion, the best time-frame to ENTER and EXIT a trade. Only problem is the activity BEFORE the trade starts to finally go!

snapshot
Trade active
BUY CONFIRMED - BTC

snapshot
Trade active
And THAT'S what I'm talking about!!

snapshot
Trade active
TAKE PROFIT - 10180
Trade active
CORRECTION : TAKE PROFIT 10130

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.