Trade with the (order)flow.
Buy low, sell high.
* Longs only below 20%
* Shorts only below 80%
Tips are always welcome :D
Might update with LTF setups later.
- Limit orders only on (supply/demand) boxes.
- Breakout trading under the right circumstances
- I'm not comfortable with trading S/R flips as of yet.
BTC , ETH, LTC and Ripple take turns leading the global crypto markets. Of which, Ripple has been the strongest over the last few months.
The weekly timeframe is consolidating inside a downtrend atm. We can swing trade the more volatile lower timeframes for increased profit margins. The goal is to make as many high accuracy, high R:R Trades as possible....
A while ago I talked about increasing R/R by stepping away from breakout trading, and trading zones.
After a sharp move away, a lot of unfilled orders are left behind. These are possible turning points in the market. Trading the allows you to buy low and sell high.
Of course we still need top down analysis to do any sensible swing trading, and increase our odds....
LTCUSD leading, BTCUSD lagging. SP500 and such are also bouncing.
BTCUSD longs/shorts have risen strongly the past two weeks, while price fell a bit. Doesnt seem like pleb buying.
IF we break up, conservative long cuz we still in a higher tf downtrend.
The chart above shows us where short oppertunities exist.
There may be counter-trend setups (longs) based on a lower timeframe sequences, however they requrie a lot of practice with supply/demand trading.
Ripple looks like it could break its downtrend very soon, here you'll see how to profit on this volatility.
The ideas you see here can be applied to any other market.
You will learn more about Multiple Time Frame Analysis (scaling), probable targets and risk/reward.
If you got probability and risk/reward on your side, the world is yours.
The only thing lacking...
I know I haven't posted in a long time, and for good reasons. This will probably also be my last post for a long while. However, today I decided to share the most important and telling possibilities.
You are looking at the most probable possibilities and what they tell us. These probabilities indicate a change in volatility, in other words, a big move to profit...