at this point I get 50 same questions everyday so here is a little thread so you can leave me alone.
- I use sierra chart and I watch Bitmex data only, I don't look at any other exchange or even aggr T&S.
The reason for it is that I get information overload if I do look at more
- You can use Exochart (with Tradingview combo) or Quantower if you like, all platforms can do the same things. I used Sierra for years now, they are a terrible company but I'm used to the platform. The bottom line is platform choice is 100% up to your taste.
- Although I execute trades on LTF I find my trading setups at 30min (sometimes 60) that are a combination of PA, TPO levels or levels from composite profiles. Besides that, I have weekly and monthly pivot points on the chart. I'm not scalping, I only take 1-3 trades a day.
- There is no hack on how to set up non-timebased charts (tick charts, reversal charts and so on) they change all the time based on market volatility so you have to actually test these out.
- Only two exchanges I believe have reliable OF data is Bitmex which is best imo as it brings a good mix of large traders and apes and Bybit which is retail exchange so you can see more traps and so on. Because Bybit is heavily used I believe there will be alpha decay w OF algos.
- Last thing is, read the fucking blog in my bio for fuck sake, everything is really explained there for free, everyone who send me questions I direct them to the blog most of the time anyway. Also I'm almost at 12k followers so thanks and leave me alone.
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1/ my Twitter was always mostly about sharing trades from Eurex futures but since I started focusing again more on BTC huge amount of people followed me. This is cool, but the messages I get are fucking insane.
2/ lot of you are reading the blog or even considering getting the Blueprint but coming from the place where you either lost a lot of money or you don't know much about trading.
3/ although this is probably not the best marketing if this is your case I highly recommend you not getting into day trading yet. There are a lot of moving parts that are really hard to digest and I'm sure 99% of you would be better of just DCA or taking swing trades.
ok so after posting some bearish crypto takes I got called larp and new to crypto few times, but I spent last 7 yrs in crypto and tradfi working in prop now so here is list on how not to get absolutely fucked and spend as little money on education 1/cont
2/
1) tradingriot.com no mercy I will shill my site first, this probably would never exist if I wouldnt be in lockdown but I spent so many hours on this, read the blog and get the Blueprint that will save you lot of money from other courses as it cost like €150
2) @paracurve Fxsanalytics is amazing course and active dashboard about daytrading ES, honestly even that I dont trade ES Steve shares so much stuff about the markets that paying $500 one time is well worth it
Good spot for some short squeeze here. Inside day low, 2-day composite value area low and lot of selling pressure with signs of LTF structure reversal.
$BTC
someone clearly hates fun.
Trade idea is still valid but understanding why the price is pulling back and on what magnitude can be very helpful for active trade management.
for this example when you are in long and you see a large seller stepping in you want to give this little bit of room as 2 things can happen.
Finally had time to sit down and make my blog where I plan to write about some things I use in my trading etc. There is also a resource section for people in my DMs that want to know things. Anyway, my first post is up. Hope you like it.
S&D/Orderblocks etc. Everyone's favorite price action strategy and the topic of the most sold courses and paid groups online. How do these things work? Are there really any smart money and manipulation in the market? I explain everything in a new article.
Understanding the Auction Market Theory was one of the biggest breaking points in my trading. This is the first part of the three-part series that will cover the theory and tools used with it. If you liked my previous articles, you should read this one.