Crypto Trading Stratagem: Depiction of Iron Tactic

[Yanizie]

Risk Warning:
Any advice or information provided by this thread is for general advice only. Do not invest or trade based solely on this information. The following thread is not held responsible for any damage or loss in any trading profits. Past performance of any trading platform is not an indication of future results.

The Iron Tactic​

Upon making positions on high swing price actions, the trader must endure delusional thoughts but keep his learning to find an appropriate combination of technical indicators fit for himself. Technical analysis is a trading discipline to identify trading opportunities. Technical indicators should be learned one at a time to fully understand the market's behavior. Clinching on acquired knowledge in technical indicators will take traders for further benefit.

Alters​

Synthesizing technical indicators gives a trader more precise price predictions. Variants of technical indicators are useful but too many open technical indicators can make the chart messy and confusing.
There are two types of technical indicators that a trader can master.

Manual Technical Indicator Plotting​

This kind of indicator consists of lines and dots and can be drawn base on traders view and analysis of the market. It is in the category of continuation pattern and must be studied closely for precision. There are several types of the manual indicator: Triangles, Rectangles, and Flags.

Triangle Pattern​

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Ascending​

This triangle indicator consists of a resistance line and an upward channel that signs near bullish high swing momentum. It is best to use with the volume. There is an increase in trading volume and new higher highs and higher lows are the keys to set this kind of triangle pattern.

Descending​

This triangle indicator consists of a support line and a downward channel that signs near bearish swing momentum. It is best to use with the volume. There is a decrease in trading volume and new lower highs and lower lows are the keys to set this kind of triangle pattern.

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Symmetrical​

The pattern consists of two opposite channels that indicate of new momentum is building. Trading volumes are low and consolidating creating converging channels. Symmetrical triangles are sometimes can be seen after bullish or bearish momentum and consolidation of the market. It can also be known by getting a smaller support/resistance area.

Rectangle Pattern​

Rectangles are a composition of candlesticks that ripple on one support/resistance area. It can be seen on several candlesticks and does not last long. The price action is consolidation in one area of support/resistance and possibly seen after pump or dump of price in a short period.

Flags​

Flags are channels that confines price action movement and can be seen in the middle of a market correction or mooning of the market. They can be used as a guide to position for a trade bounded with stop loss.

Built-in Technical Indicators​

Built-in Technical Indicators are the indicators that are automated and easy to use. An example is the Bollinger Bands in the photo below. BB or Bollinger Bands are envelopes based on standard deviation and simple moving average in the middle. Bands of BB acts as the support and resistance and changes in volatility.

Built-in Technical Indicators have different philosophies on the market. Indicates different movements on the market like the momentum, volatility, volume, and saturation of buying or selling pressures. They can be used with the manual plotting for more precise profit-taking trades.

On choosing Built-in technical indicators, focus on volumes, volatility, momentum, and history price direction. There are many types of built-in technical indicators that indicate two of the above indicators. Don't use more than 3 indicators. Find indicators that suit your trading style, stick to strategy, trade your strategy, and find ways to minimize stop losses.

If you still don't have any exchangers, I prefer to use Binance.

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ETH: 0xb6d2ed16cbb701ee8613cd32788166b86221c67d​

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[CritzXD]

Ano brooker mo lodii?

 

[CritzXD]

Almost 2 years ako nag practice ng trading subrang worthit kahit subrang riskyyyy ang pag ttrade kaya sa planong mag trade dyan demo account muna kayo ng ilang taon practice practice talaga kahit anung strategy pa yan basta practice patience practice patience

 

[Yanizie]

Bittrex, Binance at LAToken. Pero sa LAtoken ung tntrade ko doon mga airdrops lang. Palitan ako sa Bittrex at Binance

 

[Yanizie]

Nice one boss. Sa mga naturuan ko sa Binance. Hinay hinay lang kami sa pagttrade. ayun. smile sila less ang loss nila. Bittrex ako since 2017, at Binance ay 2019.

 

[CritzXD]

[XX='Yanizie, c: 689010, m: 1664152'][/XX] nice lodii ah forex ako, ATFX and FBS nice ro meet you lodii meron pala master sa pag trade d2 sa phc fam

 

[CritzXD]

[XX='Yanizie, c: 689010, m: 1664152'][/XX] nice lodii ah forex ako, ATFX and FBS nice ro meet you lodii meron pala master sa pag trade d2 sa phc fam

 

[Ace106]

Ubos $200+ ko paps pahinga ako ngayun balak ko bumalik ulit with starting $100 muna ano risk management maganda sir?

 

[CritzXD]

demo account ka muna lodii try mo strategy mo if ano kinalabasan bago ka mag open ng account yan kasi starting ko

 

[Ace106]

Oo nga sir eh wala kasing demo sa crypto, pero balak ko rin mag forex pero sabi nila mas mahirap daw forex kay sa crypto. Ano starting capital mo sa forex sir?

 

[CritzXD]

ahh d kasi ako crypto 100usd lodii try mo practice ng demo lodii malay mo ma achieve mo isang araw lng bawi ko agad 100usd ko dati pero ilang months dn practice ko umabot pa ng taon yon hahha

 

[Ace106]

Ayos pala sir backtest lang kasi ako, musta naman yung profit mo ngayun sir?

 

[CritzXD]

antay pa ako lodii ng magandang possition bawal kasi greedy, kagapon is 20usd lng 0.01 lng kasi nilalagay ko moneymanagement

 

[CritzXD]

bawi ako mamaya baka maganda takbo inaantay ko na pairs eur-usd mamaya

 

[Yanizie]

Nako. Boss mataas ata ang margin level mo. babaan mo at pag maglilipat ka sa futures 10usd lang kung d ka pa sanay magset ng stop loss. and pinakamahalaga sa lahat. Never ever ever use your feelings, mahirap na baka mafall. hahaha. nawawala rational thinking at strategy kapag nadadala ka ng pakiramdam mo.

 

[Yanizie]

Nakapagforex na din ako boss. sa OANDA. tinigil ko mas másáráp sa crypto. hahaha

 

[Ace106]

Tama sir eh sa feeling talaga kasi profit na sana ako non tapos na talo ako sunod sunod gang nag revenge trading na ako gamit ang leverage kaya sunog agad fund ko pag natalo ako nang sunod sunod

 

[CritzXD]

[XX='Ace106, c: 689453, m: 1382361'][/XX] wag lodi wag greedy take a rest ka wag mo kalabanin market sundan mo lng with your strategy search mo sa yt si rockzFx academy isa sa inspiration at madami ako natutunan sa kanya about forex

 

[Ace106]

Oo sir thanks

 

[jaceethan02]

Hahaha yung mga pandemo ko di ko pa nagamit hahaha...di marunong eh