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WyckoffMode
Dec 1, 2021 10:38 PM

Is Your Goal to Increase Your Bitcoin Bags? Then Watch This 

Bitcoin / U.S. dollarBitstamp

Description

Hi Everyone! I suppose this is directed to the Bitcoin Maximalist; who's goal is to accumulate as much bitcoin as possible. I explain in this video (with examples) WHY it is IMPORTANT to trade Alt-Coin/BTC pairs when beneficial; while also monitoring Alt-Coin/USD pairs to try to position yourself in the proper pair that offers increased odds of increased percentage gain. You will often find it is time to buy an Alt-Coin "with" your Bitcoins that are quite obviously going to go up more PERCENTAGE WISE than Bitcoin/USD is going to rise (Explained in the video).

P.S. - I talked faster because I was limited to 20:00 minutes. Some of you are probably glad I'm limited to 20:00 minutes... LOL

Happy Trading and Stay Awesome!

David

Comment

UPDATE:

One EXAMPLE of many in regard to ENTRY for a margin long...

"Using Replay Tool to Explain Opening Margin Long."


There are many examples to provide for margin shorts as well. Available in the future...

Here's a video explain how to add these OPEN SOURCE indicators to your charts:

"Setting Up Indicators in Multi-Chart Window for Multiple Groups."

Comment

UPDATE:

FOREX TRADERS:

The example I provided in this video using BTCUSD, ETHUSD and ETHBTC is actually not much different from using GBPUSD, EURUSD and EURGBP if you think about it.

GBPUSD:

EURUSD:

EURGBP:


Same concept in FOREX pairs JPYGBP, JPYUSD and GBPUSD

Etc... Etc...
Comments
JayBigTree510
Thank you for all of your posts and information. I have learned a lot of valuable information. I appreciate your work
Investmentsgr
Interesting approach. Magnificent work! Thank you for sharing.
WyckoffMode
@Investmentsgr,

Thanks Investmentsgr,

Stay Awesome!

; )
AlkalineFX
Keep bringing value!
javierroquegarcia
Many Thanks David.
You are looking healthier again. I hope you are fully recovered. Wish you a wonderful day!
LOCATOREU
Amazing work. Thank you!👌
ForexTrendline
thanks again, very helpful!
RorchakBH0DLz
This was an outstanding video! Really helped me understand your process. Your indicators and knowledge are a gift. My wife thinks my next level crayon drawings are "nice" ;)
Waltellar
great post !!. Thanks for the light . It reminds me when few month ago i'd searched through dozen of your previous publications to find about today"s feature. I 'd remember viewing some when you posted them , very interesting topic .
There are a few trading alternatives regarding the goal in my humble opinion ; For example some "small" market cap altcoins with equity between BTC pair and USDT pair happen to be perfect playgrounds for makers who can therefore induce consequent moves up on altcoin/usdt pair , and get back to BTC with double bag ... This also good for us if keep monitoring the pairs.
This one more reason why your indicator is awesome ; I have to admit being monitoring and practising without entering on this kind of trade has been my daily routine for quite a while.. lol
and still need to improve to be quicker at reading the Phoenix. Things go fast on lower time frames when monitoring several pairs .

Many thanks again David
WyckoffMode
@Waltellar,

Hi Waltellar,

Yes, excellent point...

There's a number of ways to "trade" and I'm sure many will LEARN how to use the indicators and develop and/or create numerous trading strategies with them; depending on the asset class, type of trading, etc...

Thanks for sharing, your time, your support and for being Awesome!

David
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