Profile picture
Crypto @coin_signals
, 3 tweets, 1 min read Read on Twitter
Did u guys know ict trading style was built around the algos that banks run on forex markets at specific times, which do not (for the most part) happen in crypto.

Learn price action, not ICT
Sorry to ruin all your magic formula dreams.. most of what you see that matches ict algos is probably noise
I often use killzones but I am starting to think that if you ran the numbers on them it would be statistically insignificant.

Also killzones are like half the time btc trades so like the odds btc pumps or dumps on one of them is pretty decent
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Crypto
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @coin_signals see all

Profile picture
Sorry mouse slipped, meant this
What the heck ??
Read 3 tweets
Profile picture
Hmmm
If you come at the king, you better not miss.
I closed my short at the bottom btw
Read 3 tweets
Profile picture
Uhh
This is bullish btw
Nice volume coming
Read 3 tweets

Related threads

Profile picture
0/ A weekend whip-around of the #crypto and #blockchain space to help you get up-to-date on all the latest...
1/ 🦖 @ConcourseOpen's @SettleFinance - a web-native OS for decentralized finance - announced November 12 as its launch date!

Learn more: docs.settle.finance
2/ 👀 @TimothyJCoulter's world-leading #Ethereum development framework - @TruffleSuite - is flirting with the 1,000,000 lifetime downloads milestone.

Will undoubtedly mark a symbolic moment for the @Ethereum ecosystem. Right as #Devcon4 approaches, too!
Read 24 tweets
Profile picture
1/ Protocols, funds, and large #crypto companies are either thinking about or are in the process of launching their own incubators and startup accelerators. Some will be protocol specific; others will be agnostic. Here's the case for why and when this will/won't make sense.
2/ First off, while this is a new trend, history rhymes, and we may have seen this movie (or at least a similar one) before: the rise, fall, and refactoring of corporate innovation labs and corporate accelerator programs over the last 10 years.
3/ While #crypto is certainly different and its properties as a open platform will enable new types of opportunities, specifically around collaboration, interoperability, and cross-chain asset exchange, there are still many learnings we can draw from corporate labs/accelerators.
Read 34 tweets
Profile picture
How to trade Support $BTC $XBT #trading small time frames:
#1: don't guess price will bounce off support, buy the bounce off support.
#2: must know how to take a loss and flip direction - or at the bare minimum take a loss. Never EVER get caught on a V-reversal back to support.
That's at least how I execute, and works extremely well. Can use this for scalping or for getting into larger moves/trends with the immediate impulse behind one's back.
This is called Price Action. Same price action concepts are applicable to all time frames => this approach to execution is useful for all short-term scalpers, mid-term swing traders, and long-term investors who want to enter with the trend.
Read 3 tweets
Profile picture
1/ as you may already know, i love developing new frameworks around various matters in #crypto and drawing analogs to existing concepts in traditional finance (recovering consultant, I know 🙄)

my latest target: the @tezos experiment and token holder activism
2/ full disclosure: I'm a #tezos token holder and will be delegating my stake to the baking crew at @tezzigator (what up josh and bo)

Here's why: reddit.com/r/tezos/commen…

now what is "baking" you may ask? a great place to start it turns out.
3/ where #bitcoin has Proof of Work and mining, #Tezos has (delegated) Proof of Stake and baking. in tezos, “bakers" participate in consensus and earn the right to create blocks when a tezos "roll" (10,000 $XTZ) that they own or manage is randomly selected to create a new block
Read 20 tweets
Profile picture
The magic word is "continuation". I this case, upwards. #crypto
I bought that breakout. Bitmex was overloaded for me this time, so bought something else. My level is about 6640 (XBT chart is my guide). If price moves down to 6500 in the short term need to exit at a loss. And likely flip. Nothing more bearish than a great failed bullish setup.
It's all about price action, and adapting to it in a methodical way (not like a headless chicken).
Read 3 tweets
Profile picture
1/ Holy s&!@ this IMF report is a master class on #crypto macroeconomics. This needs way more attention!

"Monetary Policy in the Digital Age. Crypto assets may one day reduce demand for central bank money."

Dat subtitle tho...

$BTC $ETH

imf.org/external/pubs/…
2/ The premise:

- Crypto has rekindled the debate about whether advances in IT can render central banks obsolete
- Author: "To fend off potential competitive pressure from crypto assets, central banks must continue to carry out effective monetary policies"

Whaaat!?
3/ Current state:

- For now, crypto assets are too volatile and risky to pose a threat to fiat
- And they do not enjoy the same degree of trust that citizens have in fiat
- However, continued innovation and longer track records may reduce volatility and boost adoption
Read 17 tweets

Trending hashtags

#crypto #Binance #today #bitcoin #blockchain #FUD #Huobi #EtherX #ICO #ETHLend #TomoX #cryptocurrency #DEX #memes #cryptoassets #litecoin #HoloPort #Bittrex #NEO #GitHub #DashCast #Seychelles #Nuclear #Ethereum #Twitter

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!