/biz/mex

[Anonymous No.9365276]

Sup /biz/. How’s your trading game been lately?

Not gonna lie, I’ve been spot on the last couple months. It’s been great. I post trades on Twitter if you’re interested.

twitter.com/LeverageGod

[Anonymous No.9365330]

>>9365276
its been fucking shit and i cant stop losing money, no matter what i do trades keep going against me

[Anonymous No.9365357]

>makes one correct call
>thinks he's god
you have a 50/50 shot to begin with, faggot
>142 followers

[Anonymous No.9365361]

give me your ichimoku settings.

[Anonymous No.9365398]

>>9365361
20, 60, 120, 30

[Anonymous No.9365422]

>>9365398
thanks buddy

[Anonymous No.9365438]

binky binky stinky

[Anonymous No.9365451]

>>9365357

Top kek

[Anonymous No.9365498]

https://pbs.twimg.com/media/DcfQtuqUwAE-KZV.jpg:large

I don't get it
the c-clamp = bullish why is btc going down?

[Anonymous No.9365528]

will you teach me about trading? literally all I know how to do is buy and hold shitcoins.

[Anonymous No.9365542]

>>9365276
how did you learn / who taught you?

[Anonymous No.9365577]

teach me senpai

[Anonymous No.9365676]

>>9365498
Literally the more obscure the indicator the less it matters. Indicators are for the herd - they are at best useful to predict what the rest of people will do so you can stay ahead of them.

[Anonymous No.9365700]

>>9365528
you're ahead of 99% of everyone else
it sounds fucking crazy because it is
but shitcoin trading is profitable

you will learn desu we will make it
buy link

[Anonymous No.9365701]

>>9365330
>>9365528
>>9365577
Read up on divergences and how to trade them. I would be down to go into more detail about how exactly I trade, but it’s something I’d rather do on Twitter or somewhere else than here where the thread will be gone in a few hours.

If I get enough interest I will definitely start a thread on it on my account.

>>9365498
Divergence>Ichimoku in terms of actual relatio to price

>>9365542
Self-taught.

[Anonymous No.9365731]

>>9365701
you think btc is going back up from here?

[Anonymous No.9365780]

>>9365701
Yes I see the bearish divergence and decline in volume suggesting the uptrend is weak.
But i don't get your C-CLAMP
I assume blue = tenkan-sen
red = kijun-sen.
Tenkan-sen above Kijun = trend reversal usually the bullish kind.
I don't use ichimoku because i haven't found a setting that could spot trend reversals.

anyway 1000 btc incoming on bitfinex.

[Anonymous No.9365782]

>>9365731
Neutral at the moment. I have no position open, but will tweet if I do open one.

[Anonymous No.9365814]

>>9365276
I'm putting all my hopes on tfl, I really hope this shit takes off.
It seems so promising, there's this one dude shilling it all over the place but it legit looks good. I just really hope I don't get pajeet'd.

[Anonymous No.9365821]

>>9365782
Thanks nigger, will follow. I'll read up on that shit you posted. Appreciate it

[Anonymous No.9365839]

>>9365701
so you daytrade on TA only, and don't give a shit about the crypto's individual merit?

[Anonymous No.9365849]

>>9365276
Nigga start a youtube chanel. I would sub for the lolz

[Anonymous No.9365870]

I have alts to hedge against BTC dollar value decline.
Pundi-x has been growing 1k a day on average for the last 2 months for example. Expect it grow to at least 1 billion cap. CMC removed the supply + marketcap.

[Anonymous No.9365878]

Pretty sure you're cache or friends with him and that guy is a faggot

[Anonymous No.9366020]

>>9365780
Yeah, again. Ichi isn’t as reliable as divergences. Despite a bullish cross, price has dropped. Ichi is great for moving support and resistances.

>>9365821
Cheers

>>9365839
I use TA to trade, yes. I’ve almost completely stopped trading alts.

>>9365849
No time for that haha, but it’s possible.

[Anonymous No.9366035]

>>9366020
start a thread on your twitter about your methods please

[Anonymous No.9366058]

>>9366020
how much are you trading with? lunchmoney or bigtime?

[Anonymous No.9366061]

this is my setup but I'm always eager to improve my setup.

Priority
1/ trend reversals - weak trends - strong trends.
When a trend ends, when a new trend begins.
Using
-candle analysis
-divergences as OP mentioned
-Volume at time analysis with just normal volume bars.

Support and resistance
I use volume at price - high volume - low volume for measuring support and resistance.

General fibonacci.

[Anonymous No.9366085]

And I forgot
-market sentiment with long vs shorts
+
orderflow.

[Anonymous No.9366090]

so basically you read the tea leaves, flip a coin, place your bet, and then gloat on twitter when you are right?
wow man thats really profound
kill yourself

[Anonymous No.9366189]

>>9366090
dumb 30yr old boomer
doesn't even know it's spelled "kys" not "kill yourself"
kys

[Anonymous No.9366203]

>>9366035
Soon

>>9366058
I used to trade with small amounts and eventually built up my capital enough to implement proper risk management. Now I trade enough to make good money.

>>9366061
How’s that working for you? I’ve dumped a lot of indicators in favour of RSI, basic volume, and ichi for moving support/resistance, then being able to recognize base chart patterns to confirm positions.

Keeping it simple works well.

[Anonymous No.9366217]

on your pinned tweet what is the 1% rule? only trade 1% of your portfolio?

[Anonymous No.9366282]

>>9366217
Yeah, but if you’re trading with less than 2-3 BTC, 1% is tiny and won’t get you anywhere.

I used high leverage to increase capital, but using high leverage can destroy you.

[Anonymous No.9366309]

>>9366282
so its kind of like shoving a giant dildo up my ass will bring me tremendous pleasure, but it can also tear my ass apart and kill me. i understand now thanks.

[Anonymous No.9366433]

>>9366282
Any advice to a poorfag?
I can't invest more fiat and I only managed to double my money since January(yeah I'm the newbie that bought the top).
Weirdly enough I doubled in fiat but more than doubled in sats.
I am too much of a brainlet to call the top for some reason. But I'm good at calling the bottoms. The result? Most I make is 20% on a flip.
And most of the times not even that. I seem to miss the top. I buy on a very fucking bottom and just fail to hold till the top or fucking hold too long.
What do senpai?

[Anonymous No.9366536]

>>9366433

...keep playing?

"waah waah I keep winning but not hard enough"

humblebrag isn't fooling anyone

[Anonymous No.9366550]

>>9366203
I am still perfecting my system.
I can predict with good accuracy where price will consolidate using volume nodes.
However whether the support will hold is difficult.
I am using orderbooks - sentiment - orderflow to check if the support level will hold upcoming hours.
It's tricky because a large order could be a spoof.
Sentiment is largely affected by orders on the orderbook and they can be faked / spoofed.
Orderflow = tricky large sell/buy walls can be faked by bots.

How can you tell if a level will hold or not?

[Anonymous No.9366571]

>>9365276
Really good actually. I got liquidated on bitmex 3 weeks ago and since then I've won like 50 trades, broke even on 2 and lost none. I had to get off mex though lol. I was over trading.

[Anonymous No.9366581]

>>9365276
What indicators do you use brew? What's your strat? Give us the details since I just followed your ass.

[Anonymous No.9366631]

>>9366581
How long have you been trading on mex, what did you start with, and what are you at now?

I've seen a lot of mex accounts come and go mate it's a revolving door. I want to see if you caught lightning in a bottle or if you're here to stay.

[Anonymous No.9366708]

>>9366309
Exactly

>>9366433
Sounds like what you're doing is working great and you're trading better than 99% of people.

>>9366550
Volume+momentum

>>9366581
RSI, Ichimoku, and Volume

I trade divergences with confirmation from chart patterns and volume, and using ichimoku as a moving support/resistance.

I trade with 2 screens. This is my Bitmex chart with support/resistances drawn on. These have been on my chart for the past 1-2 months and are still holding up great.

>>9366631
I've been here for a bit. I've just started leaning towards Bitmex in the past few months because I've stopped focusing on alts.

[Anonymous No.9366731]

whats the lowest time frame that you can use to spot divergences?

[Anonymous No.9366743]

>>9366708
Interesting man, thanks for taking the time to share. It's always helpful to hear how other people are trading successfully.

If you make it 6 months on mex you're better than 99% of traders that go there

[Anonymous No.9366762]

>>9366731
The higher the time frame, the more reliable and impactful the divergence.

I don't go under 30 mins, and if I do use 30mins, it's to confirm divergences on higher time frames.

[Anonymous No.9366791]

>>9366708
what do you set your RSI to? 7?

[Anonymous No.9366808]

>>9366743
No problem, it's always good to discuss and exchange ideas.

>>9366791
8

Most people use 14

[Anonymous No.9366837]

>>9365276
Are you American? Did you just use a VPN to register on Bitmex?

[Anonymous No.9366856]

>>9366808
what's your basis for 8?
I've seen those cloud settings elsewhere but 8 on the rsi isn't something I've encountered so far

[Anonymous No.9366929]

>>9366837
I'm not American, so never needed to use a VPN.

>>9366856
It's just worked for me. Having a shorter look back period can be beneficial by being able to analyze the more immediate state of the market.

[Anonymous No.9366975]

>>9366837
What should an american do if they want to trade?

[Anonymous No.9366998]

>>9366929
Do you use macd? Are traingles and cup and handle patterns complete bs for predicting price movements?

[Anonymous No.9366999]

>>9366975

not be american

[Anonymous No.9367024]

>>9366929
Where do you think we're going for the rest of 2018? Will there be another retest of lows ~6000 and maybe under?

[Anonymous No.9367113]

>>9366998
I don't use MACD. Some people like using it for divergences, but I prefer RSI.

I use triangles and various chart patterns to confirm price predictions.

>>9367024
Can't predict for the rest of the year, but I could see BTC dropping to ~8100 to re-test the original breakout on April 12th.

Weekly doesn't look great. Near flat RSI with lower highs

[Anonymous No.9367140]

>>9367113
any website you suggest for self learning divergence/patterns/etc?

[Anonymous No.9367682]

>>9367140
The /biz/ TA Copypasta

Start here if you're new: https://www.babypips.com/learn/forex

http://stockcharts.com/school/doku.php?id=chart_school
http://www.libertylifetrail.com/education/learntrading/
http://www.cabafx.com/trading-ebooks-collection/newpdf/
https://drive.google.com/drive/folders/0B9b4K-iw1yCoZmVobm8wcHNIS2s
https://drive.google.com/drive/folders/1V2pv-644Onc5ES780WqqKwUcBe8UItPr
https://drive.google.com/drive/folders/0B1s-Y597iYjabW5rZklPTzlpcmc
https://www.dropbox.com/sh/3y4tx4bssv6zm9v/AAC-o_C-q3jT-0flTFC5o_Lxa?dl=0

[Anonymous No.9368361]

>>9367140
The beauty of divergences is it’s simplicity. Any material will do.

[Anonymous No.9368555]

>>9366536
Not winning. Trust me.
I missed huge gains because I held too long or not held long enough.
Played Loom for example. Was up 50%...So what I did? Decided to hold just a little longer. The result-> total made 7%!
That's what I'm talking about. It ain't winning. It's shit strategy. Called the fucking first, second and third bottom but then like an idiot decided to hold....
Or FUN. Bought at the bottom, made 3% after my genius trades.

>>9366708
Um not really. I would think that if I was as good as you think I am I would more than double my money already.
People make 10x on coins. That did not happen to me even once. A lot of stories how people make 50% a trade. Again. Not me.

Guys I'm seriously not bragging. I really would like to know how to know the trend reversal aka the top.

[Anonymous No.9368567]

>>9367682
Hey thank you!

[Anonymous No.9368576]

>>9367682
>>9368361
thx guys, gonna do some research

[Anonymous No.9368608]

>>9365276
>Sup /biz/
Sup from the hive mind
>How’s your trading game been lately?
+325% since Jan 1 in BTC terms
>Not gonna lie, I’ve been spot on the last couple months. It’s been great.
easy come easy go, or so they say

[Anonymous No.9368615]

>>9368608
This...is what I call good trading.

[Anonymous No.9368736]

>>9368615
thanks, anon
Feb 6 and Feb 8 were the worst (-13% fiat) and best (+40% fiat) days so far

[Anonymous No.9368774]

>>9368736
These were my buying days.
I'm good at buying at the bottom. Suck af at selling.
So I'm not even near your percentage.
I will use the resources from this good anon
>>9367682
to try and learn TA.
I don't even know how to TA lol

[Anonymous No.9368818]

>>9368774
TA is not a meme, be sure of it
good luck

[Anonymous No.9368848]

>>9368818
I know it isn't.
I was saying that I have to learn because I can see now that it's important. To really make it, I have to TA. Not just rely on my gut.

[Anonymous No.9368875]

>>9368774
those were the days, indeed
lurker, but I like TA threads

[Anonymous No.9368897]

>>9368848
>Not just rely on my gut.
you've figured out this: you're gonna make it

[Anonymous No.9369010]

>>9368555
I get really close to selling the ath by using a moving average on balance of power and 9 ema. When price touches the 9 ema and balance of power goes negative, meaning sellers are taking control I sell. If bop goes back positive and the price hasn't yet touched the 20 sma I'll buy back and usually ride another wave up and then repeat until it crashes and laugh at new community members.

[Anonymous No.9369032]

ta always works until it doesn't.

[Anonymous No.9369137]

>>9369010
Thank you!
What's balance of power?
Is it in one of these guides that anon provided?
I'm a new Loom community member lol

[Anonymous No.9369254]

From your guys exp, would most of these strats work on alts as well, rsi divergences and chart patterns? I'd figure alts would still be worth your time if you have a tiny stack rather than going nuts with high leverage for inexperienced people

[Anonymous No.9369305]

>>9369137
It's basically an indicator that determines the balance of power between buyers and sellers. It's on tradingview if you use that for charts. If positive it generally means there are more buyers and if negative more sellers. It's pretty useless on its own since it zigzags up and down so frequently but if you apply an sma to it it can be helpful to see the general trend and strength of buyers and sellers for the coin. I also only use daily candles so not really sure how it works on lower time scales.

I didn't look at any of his guides so don't know and its ok 100% of /biz/ is a community member for some shitcoin.

I seem to have the opposite problem as you so if you want to return the favor and let me know how you pick the bottoms that would be appreciated.

[Anonymous No.9369619]

>>9369305
Shit. I don't use TA. And I'm not sure if it all won't sound like a gibberish to you but I'll try my best. Here it goes:
To me the bottoms are just obvious. Like they are static.
But what I use is the band's bollean?
And RSI and sma(simple, Binance ones)
I use 1h, 4h and 1 day but also 15,30 min candles.
I just put a line to see where the big pump started, add around 30% to that. Then I look at the previous dumps and how much the bottom was different from the initial pump in percentage. Then:
It depends on a coin, but they all move in patterns on the bollean? band's.
Sometimes they go up and down on the upper part of the bands( it's the small tops and bottoms) and sometimes they cut straight from top to the bottom (obviously that's when it really bottoms out). If I can see that the previous pump and dump that resulted in a big bottom corresponds with this drop on the band's( the big drop), then I look at how it happened (the actual candle pattern on all of the timelines).
I do the same with SMA (the simple, Binance one 7,20,99)
Then compare the numbers.
If the previous bottom was the green dildo +x percent and it corresponded to the candle on 5,15,1,4 h touching whichever SMA and it has a simmilar pattern to the one happening now, then I just recalculate the new bottom.
Also I look at the volume at the time of the previous dip, the volume leading to it and after.
Sometimes I investigate a couple of big dips first.
And at the end I go to 12h and 1 d candles and asses it also
I probably sound like an idiot to you but that's really what I do.
There's more to it, because I do it on alts mostly so I have to consider BTC movements.
In my opinion market is manipulated to shit on the shitcoins, so when I'm doing all of this I assume the people who are manipulating it have a system and want to make x% gains. That helps.
It works for me 90% of times. It's tedious and I'm sure there are 100x better methods than this.

[Anonymous No.9369656]

>>9369305
And thank you so much for your help.
Sorry that I can't really help back, but I'll learn and then I'll be able properly describe what I'm doing.

[Anonymous No.9369745]

>>9369305
There is a coin that I play and that method works 100% of times. It has an extremely low volume and you can see the pattern only on 1h candles.
They like even numbers. So the candles end on 0 or 5 and they take even drops. If they got the coin up 100 sats it's going to dump first 60-65 sats then up a little and then down to where the pump started +5 sats.
The coin is on a very very even increase thanks to that. It does this crazy pumps sometimes to bring it a notch higher but looking on 1h candles it's super obvious what they are doing. You can't see it on any other time frame.
They literally had a 3 sat red 1h candle because the previous candle finished at 102 sats.....

[Anonymous No.9369956]

>>9366550
how do you use vpvr?
I don't quite get where to start it
do I just use swing highs and swing lows?

[Anonymous No.9370246]

>>9368818
ta is the biggest unironic meme there is

[Anonymous No.9370249]

>>9366791
RSI is a meme