Get started

Marketmaker

Crypto & Market Makers: how trends always reverse!The total crypto cap just fell out its rising wedge which means the market is in for a correction! Like I said at the start of the week, there were too many green days stringed together in cryptoland; which only means one thing: a correction is coming! Be aware of the market maker! Now let's have a conversation! We just came out of an insane run to the upside which many people believed Bitcoin (and alts) would go straight to the moon! Let me tell you something: the chance of such a scenario is zero. Why? Because (like I said) these markets are MADE by market MAKERS. If they let cryptoland run only run up without any retraces or corrections; they lose money. Are they in this business to lose money? No, they are not. They are not some sort of charity organization, quite frankly the opposite. This means that every time you buy or (even worse) place a leverage trade; they are on the opposite side of your trade. That means for them to make money, they need to bring the market to the opposite direction of where you think / want the market to go. Like I said earlier this week; BTC longs are at all time high; that means Bitcoin can never go the moon, impossible. Why? Because the market maker would lose money and guess what? They never lose money because they have enough liquidity to compete with Elon Musk, Bill Gates and George Soros at the same damn time. How market makers always win. So how do they work? Very simple: they use price action to trigger your emotions; equivalent to: Bitcoin to the moon or Bitcoin to zero. They run price in any of those directions, get traders committed to a move and before they know it reverse the trend in the opposite direction to bag THEIR profit. This what they do over and over and over again - and as longs as people act like people - they will win this game over and over again. How to trade with leverage So whats next? Well, first off; the market is likely to hit the liquidity box as seen on the chart. This is because the liquidity is there. What is liquidity? Liquidity are people's stops or liquidation points. Market makers will hunt those areas and that's why I never put a stop loss (in loss!) but monitor my trades in real time and close them when they are about to turn against me; like my last ETH trade. To be profitable with leverage you run a sum zero risk game, when in profit; trail your trade with a stop loss in profit or manually close it as soon as there are even just the slightest indications of price turning against you. Like I say in my bio: you do not hunt for maximum profit; you trade for maximum consistency of profitable trades, even if its just a couple procent. That said, if you want to be consistent in profit without staring at charts all day? You buy fundamentally strong coins at bear markets lows or DCA during bearish times, then you hodl until you see bull market mania. That's where you DCA OUT OF THE MARKET and wait for a bearish trend. Rinse, repeat. In general, only trade with money you can lose and never, never, never, ever sell a hodl portfolio at a loss. My own first chunk of a Bitcoin was bought in 2017, missed out on the top and hodled throughout the whole bear market and was sold at 64K 4 years later. (Why I sold there you can see with the analysis I made of April 14 linked below) The state of the current crypto market For the long term the crypto market is very bullish! There is no doubt in my mind about that. However we need to have a close look at how this mini bear market turns out. The runup of last week was unlike other runups with the RSI clearly breaking out of the bearish trend on the daily timeframe. However; the weekly and monthly time frame are still waiting for a confirmed bullish reversal. This is why I said at the beginning of the week that if you missed out on this latest move, accept that you missed out and sit on your hands. I have to admit that I missed it too as I'm trying to enjoy summer a bit after a winter full of trading. What I did do is hedge my risk; which means that deployed 20% of my stable coins into coins that I deem to be underpriced and I have 80% still waiting for the bottom of the current correction or possible the bottom of the bear market. Now, I will have some drawdown on that 20% of my portfolio in the coming week or two; that is likely but it is not a problem as I am 100% sure that those coins will at least 2x my buy in price in the coming year or (at worst) two years. Support zones to consider There are a few key support zones to consider; first the bullish support zone at the golden pocket. Staying around or above these levels for another week will most definitely lead us into more bullish action. Secondly; there is the liquidity zone; the preferred zone to take the market for the market makers; this is the most likely support zone. Thirdly we have a bearish support zone below that; even there we have a bullish scenario if we hold support at the bullish trendline. However if we break into the box or below our lowest low (dotted line) we might very well be in for more pain! Lets see what the weekend and the coming week bring us... Good luck to you all and trade safe! IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
CRYPTOCAP:TOTALShort
by cryptobullethbtcxlm
12
DeGRAM | BTCUSD consolidation before resistance. Breakdown?Bitcoin broke through a strong descending resistance level and with an impulse without pullbacks went to the upper border of resistance. I think that the upper border can most likely be broken, because after a strong growth, the instrument does not roll back and a very strong local support is formed at the level of 39500, which does not let the price go down. I am waiting for the breakout of the upper border of the range and growth to 44000 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
BITSTAMP:BTCUSDLong
by DeGRAM
8
DeGRAM | USDCAD growing channelThe price has broken through the descending price channel and formed clear boundaries of the ascending, bullish, channel. Now the price has approached the support of the ascending channel in a correction format. I think that it will not be possible to break through the level and the price as part of a growing trend will push off from this level and continue its growth ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
5
Risk-free and safe trading Safe is the closing of half of the order when the profit distance is equal to your risk, that is, in such a way that the profit from the closed part of the order is equal to the size of the stop loss loss, if the price movement does not go in our direction. This is important in order to fix the profit on a part of the order, and set a stop loss equal to the profit on the first part of the order for the rest of the part, then we are in the market without risk! But here it is possible to move the stop loss to the point of entry into the market after the distance passed by the price equal to the risk, then if the price turns against us and closes by the stop loss, then we will be in profit In 65-70%, if a technical entry goes to "plus", if you entered correctly, in other cases the deal will be closed by stop loss, but thanks to the SAFE there will be no loss! These laws are already guaranteed to allow you never to drain your deposit and, as a result, start earning ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
Risk-free and safe trading Safe is the closing of half of the order when the profit distance is equal to your risk, that is, in such a way that the profit from the closed part of the order is equal to the size of the stop loss loss, if the price movement does not go in our direction. This is important in order to fix the profit on a part of the order, and set a stop loss equal to the profit on the first part of the order for the rest of the part, then we are in the market without risk! But here it is possible to move the stop loss to the point of entry into the market after the distance passed by the price equal to the risk, then if the price turns against us and closes by the stop loss, then we will be in profit In 65-70%, if a technical entry goes to "plus", if you entered correctly, in other cases the deal will be closed by stop loss, but thanks to the SAFE there will be no loss! These laws are already guaranteed to allow you never to drain your deposit and, as a result, start earning ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
3
DeGRAM | EURUSD growth from channel support The currency pair begins to work out a strong support level and the tops are updated locally, alignment of the squeeze on the highs and the break of the model. It is possible that the price can make a deep false breakout of the price channel support and begin to recover in price. I look forward to growth from the level to resistance 1.20 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
DeGRAM | USDCHF breakout or false breakout? The instrument does not roll back after a false breakout, it entered the level retest and stuck tightly to the level. I think that a buyer appears who does not let the price go lower. It would be logical to see, after testing the resistance, a pullback of at least 30% of the range. There is no such thing, so I expect a breakout of resistance or a deep false breakout. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
4
How to create a trading strategy?HOW TO CREATE A TRADING STRATEGY? WHAT IS A TRADING STRATEGY? Trading rules that systematize it, bring clarity, orderliness and predictability of the result. You can take a ready-made strategy and adapt it for yourself. And you can create your own The main idea of ​​the strategy, its rationale The idea should be rational, based on market patterns that you understand. For example, trading with a trend or pullbacks. On technical or fundamental analysis, with or without indicators A good trading strategy is not complicated, but simple. A large number of rules makes the strategy inconvenient and understandable for the trader himself. Timing of trading What timeframes do you want to trade on? How much time are you willing to devote to trading? What time will you trade? Selection of trading instruments Pick those tools. which you understand well The strategy can be both universal (for many tools), and sharpened for specific toolsChoice of tools for analysis 1) When the main idea of ​​the strategy emerged and it became clear how, when and what to trade, you need to decide on the tools of market analysis 2) If the strategy is indicator, then select indicators (from 2 to 5) 3) If the strategy is not indicator, then select patterns, figures of graphical analysis 4) If the strategy is based on fundamental analysis, then it is necessary to decide on which news to trade. Trade entry rules Under what conditions will you enter the market based on what signals? When will you not open a trade? What orders will you use market or pending? Exit rules Stop Loss and Take Profit Under what conditions do you close a position? How will you set stop loss and take profit? Risk Management Write down the risk per order, risk per day / week / month (in percent or in currency) Determine the maximum allowed number of losing trades per day / week / month Calculate the volume of a trading position (lot) When there is a strategy, what's next? Check the effectiveness of your strategy on the strategy tester or on a demo account Maintain trade statistics to identify weaknesses of the strategy and remove them
Education
by DeGRAM
41