Engulfing candle sticks are a great confirmation to entry when trading trend reversals.
When a trend is going on for a fair amount of time, we can expect a reversal soon. To trade reversals, we can use engulfing candlesticks as a confirmation.
A bullish engulfing candle at the end of a downtrend, is a great BUY signal.
A bearish engulfing candle at the end of an uptrend, is a great SELL signal.
@CryptoTrades #education #trading #bullishengulfing #bearishengulfing #candlesticks #signals #cryptotradespremium #winningsignals
When a trend is going on for a fair amount of time, we can expect a reversal soon. To trade reversals, we can use engulfing candlesticks as a confirmation.
A bullish engulfing candle at the end of a downtrend, is a great BUY signal.
A bearish engulfing candle at the end of an uptrend, is a great SELL signal.
@CryptoTrades #education #trading #bullishengulfing #bearishengulfing #candlesticks #signals #cryptotradespremium #winningsignals
It’s very important to cut losses short.
You can have small wins, big wins and small losses. But you should never have a big loss.
The mathematical proof is presented above. The more loss you have, the tougher it will be to cover them.
Ensure you manage your risk under all conditions.
You can do this by controlling greed and impatience.
@CryptoTrades #education #trading #riskmanagement #signals #cryptotradespremium #winningsignals
You can have small wins, big wins and small losses. But you should never have a big loss.
The mathematical proof is presented above. The more loss you have, the tougher it will be to cover them.
Ensure you manage your risk under all conditions.
You can do this by controlling greed and impatience.
@CryptoTrades #education #trading #riskmanagement #signals #cryptotradespremium #winningsignals
Often as traders we expect pullbacks (or other patterns) to be perfectly clean. The reality is, most of the time this isn’t the case.
Pullbacks being clean or distorted does not have any impact on how price will move.
Being able to identify these takes practice, but they can very be profitable.
@CryptoTrades #education #trading #pullback #signals #cryptotradespremium #winningsignals
Pullbacks being clean or distorted does not have any impact on how price will move.
Being able to identify these takes practice, but they can very be profitable.
@CryptoTrades #education #trading #pullback #signals #cryptotradespremium #winningsignals
👆👆👆👆👆👆👆👆👆👆👆👆👆👆
Trading is all about breaking barriers.
There could be a lot of things that are holding you back from reaching the next level. I am going to lay out some of them from my own experience.
Firstly, you lack trust in yourself and your system. You are afraid and questionable. You constantly seek something else. This is fixed by you understanding that every strategy works, but needs testing and refining. You can’t watch a youtube video and become profitable!
You follow all the gurus sharing profits and trades that look sooo good. You feel FOMO and discouraged that everyone else is making it, except you. Well, unfollow those guys and focus on YOU! That’s how you break this barrier.
Is money the only thing in your mind when trading? If so, then you will struggle. Having an attachment to money is detrimental. Focus your thoughts on the skill itself, rather than making the money. Once you make the shift from the monetary value to the process itself you will see huge improvements!
You have forgotten about money, but now you are rushing to make it asap! You take trades every day, force setups, don’t follow the plan. Well, it’s not gonna happen again! You need to remain patient, focus on less trades and just give yourself some time. Think long-term! Don’t try to be a full-time trader in a few months. Realistically, it takes years.
Finally, put in the work. Are you lazy? Do you find it boring to backtest and identify setups on your charts? If so, you will never build the confidence and trust in yourself!
@CryptoTrades #education #trading #mindset #signals #cryptotradespremium #winningsignals
Trading is all about breaking barriers.
There could be a lot of things that are holding you back from reaching the next level. I am going to lay out some of them from my own experience.
Firstly, you lack trust in yourself and your system. You are afraid and questionable. You constantly seek something else. This is fixed by you understanding that every strategy works, but needs testing and refining. You can’t watch a youtube video and become profitable!
You follow all the gurus sharing profits and trades that look sooo good. You feel FOMO and discouraged that everyone else is making it, except you. Well, unfollow those guys and focus on YOU! That’s how you break this barrier.
Is money the only thing in your mind when trading? If so, then you will struggle. Having an attachment to money is detrimental. Focus your thoughts on the skill itself, rather than making the money. Once you make the shift from the monetary value to the process itself you will see huge improvements!
You have forgotten about money, but now you are rushing to make it asap! You take trades every day, force setups, don’t follow the plan. Well, it’s not gonna happen again! You need to remain patient, focus on less trades and just give yourself some time. Think long-term! Don’t try to be a full-time trader in a few months. Realistically, it takes years.
Finally, put in the work. Are you lazy? Do you find it boring to backtest and identify setups on your charts? If so, you will never build the confidence and trust in yourself!
@CryptoTrades #education #trading #mindset #signals #cryptotradespremium #winningsignals
When a breakout happens and you want to enter on pullback of price, it can be difficult to spot the pullback.
The fibonacci retracement is an accurate tool to use for trading pullbacks, and knowing when they will happen.
Here’s how you can use it, step by step;
1. Select the fibonacci retracement
2. Select the low (or high)
3. Drag to the high (or low)
4. Pullback at 0.382
@CryptoTrades #education #trading #fibonacciretracement #signals #cryptotradespremium #winningsignals
The fibonacci retracement is an accurate tool to use for trading pullbacks, and knowing when they will happen.
Here’s how you can use it, step by step;
1. Select the fibonacci retracement
2. Select the low (or high)
3. Drag to the high (or low)
4. Pullback at 0.382
@CryptoTrades #education #trading #fibonacciretracement #signals #cryptotradespremium #winningsignals
Bearish pin bar candlestick gives traders clues for a bearish reversal in the market.
The long wick at the top shows traders that price is rejecting to go higher.
Therefore, if this pattern occurs at the end of an uptrend, it is a very accurate signal to go short (or sell).
This works particular well on higher time frames.
@CryptoTrades #education #trading #bearishpinbar #signals #cryptotradespremium #winningsignals
The long wick at the top shows traders that price is rejecting to go higher.
Therefore, if this pattern occurs at the end of an uptrend, it is a very accurate signal to go short (or sell).
This works particular well on higher time frames.
@CryptoTrades #education #trading #bearishpinbar #signals #cryptotradespremium #winningsignals
How strong Pinbar candlesticks are based on how they close?
The guide above will help you.
Green = Very strong
Dark = Weak
@CryptoTrades #education #trading #pinbar #candlesticks #signals #cryptotradespremium #winningsignals
The guide above will help you.
Green = Very strong
Dark = Weak
@CryptoTrades #education #trading #pinbar #candlesticks #signals #cryptotradespremium #winningsignals
What is divergence?
Divergence is when price moves in an opposite direction to the oscillator.
What is an oscillator?
An oscillator could simply be an indicator like RSI. It’s not important to know the exact mathematics behind the indicators, but they are used to predict trend reversals.
Trading divergence using the RSI, can be very accurate and profitable.
How to trade divergence?
1. Open your chart
2. Add the RSI indicator
3. Wait for price to go on the opposite direction of the RSI
4. If price goes down and RSI goes up: BUY
5. If price goes up and RSI goes down: SELL
@CryptoTrades #education #trading #divergence #rsi #oscillator #signals #cryptotradespremium #winningsignals
Divergence is when price moves in an opposite direction to the oscillator.
What is an oscillator?
An oscillator could simply be an indicator like RSI. It’s not important to know the exact mathematics behind the indicators, but they are used to predict trend reversals.
Trading divergence using the RSI, can be very accurate and profitable.
How to trade divergence?
1. Open your chart
2. Add the RSI indicator
3. Wait for price to go on the opposite direction of the RSI
4. If price goes down and RSI goes up: BUY
5. If price goes up and RSI goes down: SELL
@CryptoTrades #education #trading #divergence #rsi #oscillator #signals #cryptotradespremium #winningsignals
Support vs Demand Explanation…
There is one major difference between support and demand level.
Demand is when an area/zone is fresh. Price just tests the area once.
If that demand level, gets tested a few more times (usually 3) then we can conclude that it is now a support level.
So, all support levels were initially demand areas, but after the demand area got tested multiple times - they became support.
@CryptoTrades #education #trading #support #demand #signals #cryptotradespremium #winningsignals
There is one major difference between support and demand level.
Demand is when an area/zone is fresh. Price just tests the area once.
If that demand level, gets tested a few more times (usually 3) then we can conclude that it is now a support level.
So, all support levels were initially demand areas, but after the demand area got tested multiple times - they became support.
@CryptoTrades #education #trading #support #demand #signals #cryptotradespremium #winningsignals
Engulfing candle sticks are a great confirmation to entry when trading trend reversals.
When a trend is going on for a long time, we can expect a reversal soon.
To trade reversals, we can use engulfing candlesticks as a confirmation.
A bullish engulfing candle at the end of a downtrend, is a great BUY signal.
A bearish engulfing candle at the end of an uptrend, is a great SELL signal.
@CryptoTrades #education #trading #candlesticks #bullishengulfing #bearishengulfing #engulfing #signals #cryptotradespremium #winningsignals
When a trend is going on for a long time, we can expect a reversal soon.
To trade reversals, we can use engulfing candlesticks as a confirmation.
A bullish engulfing candle at the end of a downtrend, is a great BUY signal.
A bearish engulfing candle at the end of an uptrend, is a great SELL signal.
@CryptoTrades #education #trading #candlesticks #bullishengulfing #bearishengulfing #engulfing #signals #cryptotradespremium #winningsignals
4 important Candlestick Patterns
@CryptoTrades #education #trading #candlesticks #pinbar #engulfing #3insideup #3blackcrows #cryptotradespremium #winningsignals
@CryptoTrades #education #trading #candlesticks #pinbar #engulfing #3insideup #3blackcrows #cryptotradespremium #winningsignals
This post is about how to avoid falling into the trap of price manipulation.
First of all, here’s a quick summary of what price manipulation is;
It is an act of artificially increasing or decreasing price, to cause retail traders to lose money.
This is the main reason why 88% of traders are losing money.
Here are 2 simple ways to avoid price manipulation;
1. Place your stop loss below key levels
Don’t have very tight stop losses, because chances are you will not be profitable.
2. Risk around 1- 3% on each trade
Protect your capital at all costs.
You should never put yourself in a position where there is a chance that you could lose everything.
Institutions and exchanges want you to lose everything.
Exchange will provide you with high leverage so that you have the possibility of getting REKT.
We believe in smaller, consistent gains.
@CryptoTrades #education #trading #pricemanipulation #elonmusk #stoploss #cryptotradespremium #winningsignals
First of all, here’s a quick summary of what price manipulation is;
It is an act of artificially increasing or decreasing price, to cause retail traders to lose money.
This is the main reason why 88% of traders are losing money.
Here are 2 simple ways to avoid price manipulation;
1. Place your stop loss below key levels
Don’t have very tight stop losses, because chances are you will not be profitable.
2. Risk around 1- 3% on each trade
Protect your capital at all costs.
You should never put yourself in a position where there is a chance that you could lose everything.
Institutions and exchanges want you to lose everything.
Exchange will provide you with high leverage so that you have the possibility of getting REKT.
We believe in smaller, consistent gains.
@CryptoTrades #education #trading #pricemanipulation #elonmusk #stoploss #cryptotradespremium #winningsignals
Pullbacks don’t always reach back to the exact support (or resistance) level.
At times they go further down and slightly break the support level, or they stay way above it.
The type of pullback depends on the strength of the trend.
Really strong = external pullback
Strong = normal pullback
Weak = internal pullback
@CryptoTrades #education #trading #pullback #internalpullback #externalpullback #normalpullback #cryptotradespremium #winningsignals
At times they go further down and slightly break the support level, or they stay way above it.
The type of pullback depends on the strength of the trend.
Really strong = external pullback
Strong = normal pullback
Weak = internal pullback
@CryptoTrades #education #trading #pullback #internalpullback #externalpullback #normalpullback #cryptotradespremium #winningsignals
You can detect a trend reversal before it happens.
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
Trading breakouts can be profitable, but one road block that most traders face are fakeouts.
That is essentially when a breakout happens, but shortly after, the candle returns back into the broken zone.
Check the image above, to ensure you enter a real breakout and not a fake one!
@CryptoTrades #education #trading #fakeout #breakout #zones #resistance #cryptotradespremium #winningsignals
That is essentially when a breakout happens, but shortly after, the candle returns back into the broken zone.
Check the image above, to ensure you enter a real breakout and not a fake one!
@CryptoTrades #education #trading #fakeout #breakout #zones #resistance #cryptotradespremium #winningsignals
Here’s a quick Tip on the 4 Steps to drawing accurate levels.
This method is best used for support and resistance levels / zones, it ignores bodies and wicks and focuses on the general movement of price.
@CryptoTrades #education #trading #support #resistance #zones #cryptotradespremium #winningsignals
This method is best used for support and resistance levels / zones, it ignores bodies and wicks and focuses on the general movement of price.
@CryptoTrades #education #trading #support #resistance #zones #cryptotradespremium #winningsignals
Do you want to have a more passive income? Then staking can be the best way to do it.
The main advantages of crypto coin staking is the generation of a passive income and a low entry. If you use a staking pool or online service, staking can be simple and easy to do.
It is also considerably more energy-efficient than mining and can be less risky than trading.
@CryptoTrades #education #trading #staking #dot #bnb #ada #eth #cryptotradespremium #winningsignals
The main advantages of crypto coin staking is the generation of a passive income and a low entry. If you use a staking pool or online service, staking can be simple and easy to do.
It is also considerably more energy-efficient than mining and can be less risky than trading.
@CryptoTrades #education #trading #staking #dot #bnb #ada #eth #cryptotradespremium #winningsignals
You can detect a trend reversal before it happens.
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
4 important Candlestick Patterns
@CryptoTrades #education #trading #candlesticks #pinbar #engulfing #3insideup #3blackcrows #cryptotradespremium #winningsignals
@CryptoTrades #education #trading #candlesticks #pinbar #engulfing #3insideup #3blackcrows #cryptotradespremium #winningsignals
👆👆👆👆👆👆👆👆👆👆👆👆👆👆
Trading is all about breaking barriers.
There could be a lot of things that are holding you back from reaching the next level. I am going to lay out some of them from my own experience.
Firstly, you lack trust in yourself and your system. You are afraid and questionable. You constantly seek something else. This is fixed by you understanding that every strategy works, but needs testing and refining. You can’t watch a youtube video and become profitable!
You follow all the gurus sharing profits and trades that look sooo good. You feel FOMO and discouraged that everyone else is making it, except you. Well, unfollow those guys and focus on YOU! That’s how you break this barrier.
Is money the only thing in your mind when trading? If so, then you will struggle. Having an attachment to money is detrimental. Focus your thoughts on the skill itself, rather than making the money. Once you make the shift from the monetary value to the process itself you will see huge improvements!
You have forgotten about money, but now you are rushing to make it asap! You take trades every day, force setups, don’t follow the plan. Well, it’s not gonna happen again! You need to remain patient, focus on less trades and just give yourself some time. Think long-term! Don’t try to be a full-time trader in a few months. Realistically, it takes years.
Finally, put in the work. Are you lazy? Do you find it boring to backtest and identify setups on your charts? If so, you will never build the confidence and trust in yourself!
@CryptoTrades #education #trading #mindset #signals #cryptotradespremium #winningsignals
Trading is all about breaking barriers.
There could be a lot of things that are holding you back from reaching the next level. I am going to lay out some of them from my own experience.
Firstly, you lack trust in yourself and your system. You are afraid and questionable. You constantly seek something else. This is fixed by you understanding that every strategy works, but needs testing and refining. You can’t watch a youtube video and become profitable!
You follow all the gurus sharing profits and trades that look sooo good. You feel FOMO and discouraged that everyone else is making it, except you. Well, unfollow those guys and focus on YOU! That’s how you break this barrier.
Is money the only thing in your mind when trading? If so, then you will struggle. Having an attachment to money is detrimental. Focus your thoughts on the skill itself, rather than making the money. Once you make the shift from the monetary value to the process itself you will see huge improvements!
You have forgotten about money, but now you are rushing to make it asap! You take trades every day, force setups, don’t follow the plan. Well, it’s not gonna happen again! You need to remain patient, focus on less trades and just give yourself some time. Think long-term! Don’t try to be a full-time trader in a few months. Realistically, it takes years.
Finally, put in the work. Are you lazy? Do you find it boring to backtest and identify setups on your charts? If so, you will never build the confidence and trust in yourself!
@CryptoTrades #education #trading #mindset #signals #cryptotradespremium #winningsignals