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My Crypto Trading Rules (Short-Term)
Posted by Cameron on 2021-08-13 at 6:40 amI will be posting images of the prescribed trading signals in this discussion to further document and explain what exactly these indicators are and show them in action.
Quintin replied 1 year, 8 months ago 2 Members · 3 Replies -
3 Replies
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https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
-These are probably the best charts to learn and understand while trading Crypto, this is also highly accepted in stocks, but Crypto performs with much more volatility. It’s like the same concept with 10x speed. The market makers, without a doubt, love their Wyckoff accumulation, distribution, and figures / points. If you understand these patterns you will effectively see them play out over and over in Cryptocurrency.
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An Example of “Railroad Tracks” (Bearish)
This occurs when a new candle prints at a high and doesn’t break above, can be used as an indicator for shorting, although be careful that you get more confirmation. I trade smaller based upon the conviction of the move.
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Hey Cameron, thanks for posting all of this information! I really find the rules & tips you have to be very intriguing. To somebody like me, who is more of a stock trader and investor, this seems like a good base to start with for someone wanting to know more with short-term crypto trades. I like all of your nuggets of info provided, the 10x speed of the crypto market seems to be a very true statement, imo.