Do you use fibs to trade during market expansion? Do you set your orders at the 38 rather then 61.8 because Constance brown talks about how during market expansion you will miss out on a ton of profit if you are only not adjusting your fibs based on expansion or contraction
Instead of using the .382 I tend to draw smaller timeframes and put my order at the .618. I then also place my take profits at 1.618 extensions drawn on the consolidation.
Very good video. You mention some articles, how do you find them? Can you also give some information about your methodology of research? How can we stay up-to-date with the best strategies and learn fundamentals behind these strategies?
Research on why not to trade support/resistance levels in consolidation:www.netpicks.com/support-resistance/ Early Entry: vantagepointtrading.com/anticipating-chart-pattern-breakout-direction/
Good videos, I saw every of them. You said that you read articles that says thay is not the best idea to trade in consolitation. Where do you read those articles?
Article that was posted quite recently that I came across that talks about problems that accompany trading support/resistance in consolidation: www.netpicks.com/support-resistance/
How do you tell if price is going into consolidation as opposed to a reversal. For example if you just had some strong bullish activity, followed by some selling. Do you have to wait to see that support? I've run into times where I thought i had support but then after a green candle or 2 it continues to go down.
How can you tell that it is not a pump and dump phase if there is a breakout with good volume? These whales can really decide where the market goes( smaller alt coins) :/
Pump and dumps only occur with coins with low market cap. A pump and dump group will not be able to seriously influence the price of BTC , ETH and other major coins due to their large market cap. Stick to the major coins and breakout strategies will work much better.
You explained that so beautifully, I feel much more confident now.
Best trading channel on my opinion. Thanks for the wealth of usefull information.
killin the game bro
Really appreciate for your efforts and time to do these free informative videos.
Awesome! So much high quality content!
You are doing very good work keep it up bro
God bless you
excellent vid again
You’re a legend! Thanks mate
Do you use fibs to trade during market expansion? Do you set your orders at the 38 rather then 61.8 because Constance brown talks about how during market expansion you will miss out on a ton of profit if you are only not adjusting your fibs based on expansion or contraction
Instead of using the .382 I tend to draw smaller timeframes and put my order at the .618. I then also place my take profits at 1.618 extensions drawn on the consolidation.
another fantastic video. Can u provide short and long term btc price predictions backed up with your charts?
I've been going through all of your videos good job on thoroughly explaining everything! TC is straight fire too such an amazing tool.
thank you so much. Great video!!
Very good video. You mention some articles, how do you find them? Can you also give some information about your methodology of research? How can we stay up-to-date with the best strategies and learn fundamentals behind these strategies?
Research on why not to trade support/resistance levels in consolidation:www.netpicks.com/support-resistance/
Early Entry: vantagepointtrading.com/anticipating-chart-pattern-breakout-direction/
Also can you please explain how to find targets for this kind of trades ?
Sometimes we see large price range with volume spike and othertimes very tiny candle body with spike in volume. How can we understand this situation?
Do you publish any ideas on trading view?
Have you got any idea how to scan stock that are currently in consolidation period for intraday ?
Good videos, I saw every of them. You said that you read articles that says thay is not the best idea to trade in consolitation. Where do you read those articles?
Article that was posted quite recently that I came across that talks about problems that accompany trading support/resistance in consolidation: www.netpicks.com/support-resistance/
How do you tell if price is going into consolidation as opposed to a reversal. For example if you just had some strong bullish activity, followed by some selling. Do you have to wait to see that support? I've run into times where I thought i had support but then after a green candle or 2 it continues to go down.
Hi. I just wonder do you earn your money just trading or you have also other businesses?
How can you tell that it is not a pump and dump phase if there is a breakout with good volume? These whales can really decide where the market goes( smaller alt coins) :/
Pump and dumps only occur with coins with low market cap. A pump and dump group will not be able to seriously influence the price of BTC , ETH and other major coins due to their large market cap. Stick to the major coins and breakout strategies will work much better.
Are you in jail?