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8616856 No.8616856 [Reply] [Original]

So do we just do the opposite of TA to daytrade now?

>> No.8616868
File: 34 KB, 586x604, bogs.jpg [View same] [iqdb] [saucenao] [google]
8616868

>>8616856
whales paint the charts however they want to manipulate you faggots who think your meme lines mean anything

>> No.8616892
File: 161 KB, 1491x702, BTCa.jpg [View same] [iqdb] [saucenao] [google]
8616892

The thing is your TA sucks, BTC is incredibly easy to trade. Zoom out you fucking retard and draw fib lines.

>> No.8616896

>>8616856
it’s a sideways market with high ATR
just play it that way?

>> No.8616924
File: 52 KB, 542x512, 457687953465876987.png [View same] [iqdb] [saucenao] [google]
8616924

>>8616892
I'm talking about daytrading brainlet

>> No.8616926
File: 141 KB, 500x521, Bogged.png [View same] [iqdb] [saucenao] [google]
8616926

got Bog?

>> No.8616928

>he doesn't know about the Bart Simpson pattern

>> No.8616949

>>8616892
Your fib skills are tasty. Do you have some more?

>> No.8617001
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8617001

>>8616892
Where do I learn about fib lines?

>> No.8617046
File: 187 KB, 1310x930, BTC1h.jpg [View same] [iqdb] [saucenao] [google]
8617046

>>8616924
You are retarded, that's what's wrong, do you want me to do TA for each section of this downtrend?
>>8616949
yes, just say what you want me to do TA for

>> No.8617139
File: 102 KB, 715x751, elliot-zig-zag correction.png [View same] [iqdb] [saucenao] [google]
8617139

>>8617046
I've been studying several textbooks on TA since Nov, but never can get a better application of the theory other than just checking volume, patterns, and making lines. So far, my general trend is accurate but the numbers aren't precise.

Seeing you use the fib, to retrace on another fib, that retraces on another is really useful to me. For me to learn how to do this and not rely on someone is what I'm aiming to do.

>> No.8617172

>>8617139

I haven't read a single book about TA. I learned how to trade by trading.

Fuck Elliot Trades, Fuck Guppy RSI wannabe retards, Fuck Ichimoku Cloud, Fuck anyone that over complicates things.

All you need is few fib lines and Volume Profile for Fixed range on certain sections. Also MACD, RSI, StochRSI, SQZ.

Anyone that thinks trading is some fucking mistery is fucking retarded. Keep it simple.

>> No.8617173

>>8617046
I don't care about the insights of the price metrics of the coins as I care more about how I can get insight on how good TA is performed.

>> No.8617181

>>8617139
look up videos man, it's not that hard. Get a trading view account.

>> No.8617192
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8617192

>>8617046
>do you want me to do TA for each section of this downtrend?
that would be very polite.

>> No.8617210

>>8617172
>fuck anyone that over complicates things
>use these 6 things

I use those 6 AND cloud and E Waves. It's like having a tool belt.

>> No.8617230

>>8617001
On the internet, silly billy

>> No.8617243

>>8617172
You're gonna get a lot of shit from retards here on /biz/ but you are spot on. The only reason TA works is because people use it. More people use simple TA meaning it's going to be more reliable.

>> No.8617247

>>8617192
Excuse me, but I have said a very retarded thing, I don't have time to do this. It would take me either few hours to screen cap everything, or 1 hour on video explaining things.

Or you could just zoom out and trade daily timeframes, since they are easy to read.

>> No.8617250

>>8617172
That seems to be a pretty good start. I keep it simple with MACD, Stoch RSI, and a custom script that measures all of them together.

>>8617181
Have been doing buying and like-kind trading almost full time since Nov. Just never studied bear patterns or had the emotional resilience to sell, so I held everything. Was at 200k, now falling below 40k, still holding on.

A /biz/ discord I have is TmUnq if you care to follow up.

>> No.8618045

>>8617046
OK clearly you are one of the few people on biz who has some idea what he's talking about. Could you give us a prediction for when the market will go bull again?

>> No.8618080

VWAP is 200 points higher than current price, will we make a retrace back towards it over have we broken a hard trend line?

>> No.8618259

>>8618045
Next stop is 7200-300, close your shorts there