EOSBTC is poised for those with patience — Price Oscillator
EOSBTC is showing signs of parabolic volume surge
Which alone is not enough of an indicator— being on the 2H chart with a huge red candle on anything smaller; thus confirming this is a most likely mid to long position.
If you are a lower EMA forex trader [8,12,15] or dare I say if...a day-trader then I can only surmise one of two things either you are the complete noob who is still trying to learn the hard way that you might as well be gambling (At least that way you’ll have fun before you get robbed) Or you’re a complete pro with a developed bid bit, who over the course of trial and error and several years experience, have developed a systematic formula for effective day trading and in only those two cases
would you often see day trading done regularly as a primary form of taking profits as we all know market volatility and transaction fees alone would render the entire exercise, with all time and effort allocated (especially when you’re often right on entries) just to lose whatever small amount of profits to goddamn transaction fees...
It’s for this reason alone that I wouldn’t recommend anything lower than EMA 12 for exigent circumstances EMA 8 but on a general basis with sideways priceaction: I.e. 99% of the time, EMA21,
EMA50 is your best bet.
It can be absolutely nerve-racking...like watching paint dry, but often proves to be the most effective and profitable trades ever made; a common expression you may or may not have heard, “The best traders often make no trade at all” and It’s times like that one the best thing you can do for yourself and your portfolio is to turn off your phone/alerts so I should stop losses and go have a fucking drink and chill out before you break rule number #1 and start to #FOMO / #FUD!
Which is in direct violation of rule number three or four I forget which one but it states “never trade with you or gut! Only use your head!”
If you want a copy of the 10 crypto Commandments just DM me and I’ll be happy to provide you with the link to the post but I must warn you it is “TLDR” so If you are developmentally slow and cannot read I would not suggest it besides it is long overdue for an update though has been my Bible in swing trading since 2014.
This is what I am convinced of the second indicator, with the first being rapid volume
Disclaimer
*Sometimes I wish there were duplicate versions of myself because there aren’t enough hours in the day for me to post all the publications with this circus freak show you call a brain inside a wizards wisdom filled mind. With that being said trade wisely and responsibly! this is not financial advise but If you so choose to take it as such c’est la vie it’s all on you brother or sisterz!
*
-a1mtarabichi
- Targets 1 to 3 and stop limit posted on chart above.
Which alone is not enough of an indicator— being on the 2H chart with a huge red candle on anything smaller; thus confirming this is a most likely mid to long position.
If you are a lower EMA forex trader [8,12,15] or dare I say if...a day-trader then I can only surmise one of two things either you are the complete noob who is still trying to learn the hard way that you might as well be gambling (At least that way you’ll have fun before you get robbed) Or you’re a complete pro with a developed bid bit, who over the course of trial and error and several years experience, have developed a systematic formula for effective day trading and in only those two cases
would you often see day trading done regularly as a primary form of taking profits as we all know market volatility and transaction fees alone would render the entire exercise, with all time and effort allocated (especially when you’re often right on entries) just to lose whatever small amount of profits to goddamn transaction fees...
It’s for this reason alone that I wouldn’t recommend anything lower than EMA 12 for exigent circumstances EMA 8 but on a general basis with sideways priceaction: I.e. 99% of the time, EMA21,
EMA50 is your best bet.
It can be absolutely nerve-racking...like watching paint dry, but often proves to be the most effective and profitable trades ever made; a common expression you may or may not have heard, “The best traders often make no trade at all” and It’s times like that one the best thing you can do for yourself and your portfolio is to turn off your phone/alerts so I should stop losses and go have a fucking drink and chill out before you break rule number #1 and start to #FOMO / #FUD!
Which is in direct violation of rule number three or four I forget which one but it states “never trade with you or gut! Only use your head!”
If you want a copy of the 10 crypto Commandments just DM me and I’ll be happy to provide you with the link to the post but I must warn you it is “TLDR” so If you are developmentally slow and cannot read I would not suggest it besides it is long overdue for an update though has been my Bible in swing trading since 2014.
- You would be remiss not to take note of the price oscillator.
This is what I am convinced of the second indicator, with the first being rapid volume
Disclaimer
- Last 5-10 Ideas have been accurate but last five specifically have been very on point and with all trades closed, I have managed to successfully pinpoint The right time frames and the right exit points.
*Sometimes I wish there were duplicate versions of myself because there aren’t enough hours in the day for me to post all the publications with this circus freak show you call a brain inside a wizards wisdom filled mind. With that being said trade wisely and responsibly! this is not financial advise but If you so choose to take it as such c’est la vie it’s all on you brother or sisterz!
*
-a1mtarabichi
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