Moneymaking
HOW TO TRADE BTC RANGESAs we know there are 2 types of markets.
Trending and Ranging markets.
Most traders are more happy to trade in trending markets whith meens in Uptrend or Downtrend because of the clear diraction of the trend.
However Trending markets only trend 30% of the time while on a Range 70% of the time.
So how to take advantage of the Range trading?
Most of the traders are indetifying them when they are already finished.
At this exemel we come from a uptrend and with every move we made higher highs and lower lows.When the price fail to make higher high for the second time we can indetfy that the market is in Range.
Most of the time we are in a range market at the support coming from a downtrend or at the resistance coming from Uptrend.
My strategyis to use 30x levrage and set stoploss 1:1.For exempel if my profit is going to be 1.30% i am going to set stoploss at 1.30%
My average win rate is 3 wins and 1 loss.
I am going to recommend you to try using this strategy for 1 month before you put any money in to it.
What do you think about my Strategy?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
Educational: Two ways to take from the marketsOf course there are many ways to take chunks out of the markets. Hundreds of methodologies are out there. And the markets are experts at taking chunks out of you and your account.
In the 4.5 min video I briefly show two types of 'attacks' on the market:
1 - Strategic
2 - Tactical .
Strategic
In the strategic approach (which could be any methodology), you plan very carefully over days. You're a 'sniper', hunkering down in the bush - you make very few movements - you're watching the enemy and waiting for best conditions and opportunity. You suffer sleepless nights. You suffer cold wind, rain, snow, muddy rivers, insects biting you. (These are the scenes from the movies and in realty that are well known - I'm NOT promoting violence or war).
And despite all that, you endure. When it's right, you fire one shot! Your 'kill rate' is so good, that one shot is all you need. So the above analogy in market terms, is similar - waiting planning, suffering, and watching those charts, for that one high precision trade.
Tactical
Right - in this scenario you're at the frontlines doing hand to hand battle with the enemy. You are loaded with armaments, and you use whatever you need. Look - frontline battle is battle - nothing nice about it. In market terms, this is where you get down and dirty - that's why it's called scalping! In scalping you're making short term moves. You're not planning an attack - you're attacking. The enemy - the market - is there to take your heart out (aka your account)! It's either you want to be in that sort of battle or not. But if you're there, you have to have the right knowledge, skills and experience - else you'll be taken out.
Making the money
The money-making is not in the methodology - it is all about you! If your 'knife' doesn't work well, you're to blame. Don't blame the charts or the tools you use.
Can you be both a strategist and a scalper? Of course you can. There is no law saying that a trader can't be both.
Conclusion
As a knife when used carefully can create good things, using it the wrong way can be dangerous to your safety or that of others. How you use the tool, is a matter of skill and experience. Are you fit enough? Do you have the right knowledge, skill and experience? Avoid the Dunnnng-Kruger effect as applied to traders (for reading about on the net).
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
GBP/NZD: BOOOM +120 Pips And Will Fly To 2.1 Very Soon This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD: Update +130 pips So Far And I have A new Entry For U This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/CAD: +100 Pips And Another Entry Is Available Now This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/JPY: After +100 Pips Profits From The H&S New Setup Is ReadyThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/GBP: Choppy Price Action But I managed To Find An Entry This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/NZD: Great Entry Available With +300 Pips Profits Don't MissThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Eur/JPY: The Reason Why We Might See 122.00 Soon Find Out Here This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/JPY: BOOM +50 Pips Profits So Far From Yesterday CallThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/USD: New Trade Available Now With Perfect R:RThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/JPY: New Setup After This Pattern Can We Reach 74.000This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GOLD: Side Way Until We Have A Clear Direction .. Watch To LearnThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/NZD: +680 pips Profit Investing Trade Been Running 3 Weekswatch and learn how to enter an investing trade and invest on the long term
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Face Masks for $APT MoonshotAMEX:APT
Clean S/R flip on the 1W chart of a main horizontal resistance for Alpha Pro Tech. Massively bullish chart from a technical standpoint with almost a picture perfect "buy" signal if we can break this ~$18 region.
Fundamentally if a mandatory mask/face covering order is put into place by the US government, I think that would seal the deal for a new ATH of $50+ for this name.
Technicals + Fundamentals = Money
- PennyBag
GBPJPY short trade idea this is a trade ive taken on GBPJPY and i am planning to ride the pound down to the demand levels i have also used larger time frames to do my analysis but this is the result and if you'd like me to explain the trade in more depth and detail just comment down below. simple price action rejection and retest strategy used i have seen very good results with with strategy for a while.
GBPCAD - Bullish pennant breakout - 1D TFPrice will long termly continue to neckline after breakout. Maybe we will see retest on bull pennant or straight moves to inverted HaS neckline because of economical situation.
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