Every time I feel like crypto Twitter is a sad and desperate place, and it can't be any worse, I head over to forex/futures Twitter for 10 minutes, and I'm beyond disbelief that it is 2024 and ICT is somehow still the main character with an army of delusional people following him.

At this point, there are a billion variations of ICT/SMT names and strategies. It is pretty hard to keep up, but here you have a little thread on one of the most popular Orderblocks and the actual explanation of why they happen and work in trading.

/cont Before we go into the thread, I had a stab at this almost 2 years ago on my blog, where I broke down all the popular price action concepts and the logic behind them; you can read it for free here.

There is also a video version for those of you who are lazy.

tradingriot.com/smart-money-co…

Detailed guide on finding opportunities in crypto derivatives (and spot) markets

It's been a million years since I have done a thread on this cursed platform, so I figured it would be nice to farm a little bit of engagement for once.

Here is the complete guide on platforms I use to find trades with examples. The platforms we will talk about today will be @laevitas1 and @MobChartCrypto.

Both of them are free, although, for Laevitas, I recommend you get a premium subscription as it will allow you to use filters and make your life much easier.

For charting the coins use @VeloData, they also have some of their own screeners if you don't fancy paying for laevitas.

(this is not sponsored by any of those platforms)

List of completely free orderflow tools and resources for trading crypto

One of the cool things about crypto is that a lot of stuff is free and opensource, compared to tradfi, where you usually pay hundreds of $ per month.

Here is a thread of some cool things I like.

/Cont Velo @VeloData

I'm sure everyone knows Velo by now.

The platform is currently completely free, and you can use it to Analyze Open interest, Funding rates, Liquidations and other perpetual data, but also look at options data and specifics of different altcoins.

Something that I tend to get asked a lot is how I pick up the altcoins (read ponzischemes) to trade.

So here is the list of some of the things that I look at during each trading week.

/cont
/thread
/boosing my $15 twitter revenue 1/ Open Interest

Looking at changes of Open interest is a very easy and quick tool to reveal the popular coins.

Some of the best tools for it are @laevitas1 (paid feature gives you access to filters (my favourite), @VeloData or @coinalyzetool.

I liked this tweet yesterday as he described several things that when used properly have ev+ in trading.

I have a bit of time, so let's elaborate a bit on these strategies

/cont
/threademoji
/twitterrevenuefarming First of all, although these things work more often than not, they rarely work only by themselves.

In other words, all the trades you take should be well thought out and have several factors of confluence rather than looking at one single thing.

I am happy to announce that the indicator I worked on with @leviathancrypto is now live on Tradingview and completely free.

Here is a short thread on how to use it.



/cont https://t.co/mBC3KVJtwNtradingview.com/script/lfbSiHI…
Indicator colours the candles based on three conditions.

High volume, low volume and churn bars.

This is a "simplified" orderflow that I have been using for ages.

It is originally inspired b Emini watch https://t.co/ehuTTsb2caemini-watch.com/free-stuff/vol…

When I talk about legacy markets, I get DMs from crypto people about what exchange I use, and they always end up bringing two crypto CEXes that allow trading forex and legacy markets.

They are PrimeXBT and Bingx, and here is the thread on why you shouldn't trade on them.

/cont Before we get into another thread from the category of "Reasons why Adam is never getting 6 figure exchange sponsorship".

I don't do this to stir any drama. I just have a little knowledge of how legacy exchanges should work, and I'm tired of answering people 1-by-1.

Rollbit talk again on the timeline with people on the internet that make money buying and selling ponzi schemes arguing about morals of shilling casino.

Here is a quick thread that explains the actual issue of why shlling Rollbit (and other exchanges) is actually bit scummy.… twitter.com/i/web/status/1… In forex you have two types of brokers with A and B book models.

The A Book gives users DMA (direct market access) which means your orders end up in the real market.

B book models stay in house and brokers trade against their customers, because at the end of the day 80%+ people… https://t.co/qm4W3qvUSAtwitter.com/i/web/status/1…

I see so many ICT/SMC traders pop up on my feed everyday.

One of the main concepts are orderblocks, which are supposed to be the levels that "smart money" use for buying and selling.

let's make a quick thread on these things and why they tend to work.

"instert thread emoji" twitter.com/i/web/status/1… First of all, what is defined as an orderblock.

It is consoildation (last opposite side candle) before market makes a significant move to either upside or downside that breaks the market structure.

welp definitely interesting results on this. Here are some quicks thoughts about each management strategy /cont 1) Not touching the trade - Full SL or TP

This imo can work, if your strategy is 100% systematic and backtested/forward tested enough.

It's been a few weeks now that I have been watching and trading altcoins more closely, roaming around discords, catching up on narratives and so on.

Let me share some tips that are important when it comes to everything.

cont/ 1- "Narratives" are really just short-lived fundamental events people like to believe to pump things. Some are more stupid than others.

Never ever get hooked up on something thinking this is the next big thing because the minute you do, it is most likely over.

--- Pinned post, read first ---

All the links are in the next tweets. Free Blog: tradingriot.com

Tradingriot Bootcamp: tradingriot.com/bootcamp

Youtube: youtube.com/c/Tradingriot

Bybit: partner.bybit.com/b/tradingriot

Free read-only Discord: discord.com/invite/jWpFUxH…

Free Exo and Sierra templates: tradingriot.com/templates

I was day trading for a long time, taking a lot of round trips every day, but as my account grew, I started focusing more only on a small sum of trades where I could really go in with big confidence.

- Focus only on high-probability stuff
- Cut things that don't work quickly The curve for the last 3 weeks, shows only BTC and ETH. With alts I don't really have confidence or experience to put any meaningful size

Watching this guy religiously walking down LDO for the past hour or so is pretty brutal.

Usually, they target liqs before the pull but so far, pretty consistent. got filled, if we get above it, good long

One of the things I get asked about so often is Free trading/markets education resources, so here we go.

This will be somewhat more intermediate list rather than where you can learn fibonacci retracement.

/cont Of course, gonna start with a shameless plug of my blog, but I do believe that at this point the blog is the best place you can learn for free about discretionary trading, risk management, price action, orderflow, market profile, and many more.

tradingriot.com

Thank you for the 100k followers.

Not like you people deserve anything but here comes the fairly straightforward / no BS thread that will improve your trading.

/cont Social media/Twitter: I feel like I keep saying this every time, but this place really gets progressively worse and although it can be beneficial for your trading the amount of grift and overall garbage is insane.

The thread about the SFP/Sweeps (

https://twitter.com/abetrade/status/1615777233645232128?s=20&t=agxaevxQ_HSCcd0hJnYToA

) got some nice positive feedback so let's have a talk about another extremely popular and misunderstood trading concept.

Orderblocks, Supply and Demand Blocks, Clusters, and so on.

/cont Why do these work? If anything, the "smart money" trapping retail traders logic is nothing more than a marketing trick. The reality of it is much more boring, but it was tested and proven.

If there is one popular price pattern to trade, it is definitely the sweeps, SFPs, False breaks, or whatever you want to call them.

Of course, most people understand them completely wrong.

Let's break down the market dynamics of these things in a short thread. /cont So, first of all, there is no such thing as a "false break" or "manipulation." You will often see images like this talking about liquidity pools as areas where "stops" are resting.

As the new year started, I saw so much recycled trading advice and generated motivational bullshit about trading popping left and right. It's honestly just sad at this point.

Here is r a thread that consists of some realistic trading advice on how to make 2023 a good year /cont 1) You need to have an edge in the markets.

Risk management, trading psychology, morning meditations, workouts and all of this are completely useless if you don't know what the fuck you are doing in the first place.

I was disturbed from my peaceful Christmas break by once again reading peak dumb comments about scalping and why it is the worst thing in the world, and whether if day trading/swing trading is better.

Short thread /cont First of all, the peak crypto Twitter cringe is people think scalping is trading a 15-minute chart and holding the trade for a day. If you hold a position to capture a large portion of a daily ATR you are not scalping but day-trading. I will cover day trading in a bit.

Last trading day for me in 2022. I will also be less active here for till the New Year (realistically, I won't, but I like to tell that myself), so let me depart with a thread of how you could anticipate this large leg down on Bitcoin. /cont Although this 2021 fractal was more of a fun reference to the Christmas Carol, and I don't really trade fractals like these anyway, when markets go up/down people always see trending moves solely as a strength and never pay attention to many details.

https://twitter.com/abetrade/status/1603299404227792896