Do you place your stop losses in valid places or do you just place them anywhere?
Here are 3 valid reasonings to position your stop loss in the right place.
1. If trading inside 2 zones, it makes sense to place your stop loss outside of the zone. For eg: if we place a buy at the support (bottom) zone, we would place our stop loss underneath the zone.
2. If trading the breakout strategy, it would make sense to place your stop loss underneath or above the zone that the price has just broken above/below. For eg: If the price breaks above resistance (upper) zone and retests it, we would place our stop loss underneath the newly made support zone.
3. If trading using trend lines, and you’re trading with the trend, it makes sense to place your stop loss underneath the trend line. This ones simple - if the price breaks below the trend line, the price has changed trend.
Remember to always place your stop loss in valid places and make sure your stop loss is significantly smaller than your take profit.
Here are 3 valid reasonings to position your stop loss in the right place.
1. If trading inside 2 zones, it makes sense to place your stop loss outside of the zone. For eg: if we place a buy at the support (bottom) zone, we would place our stop loss underneath the zone.
2. If trading the breakout strategy, it would make sense to place your stop loss underneath or above the zone that the price has just broken above/below. For eg: If the price breaks above resistance (upper) zone and retests it, we would place our stop loss underneath the newly made support zone.
3. If trading using trend lines, and you’re trading with the trend, it makes sense to place your stop loss underneath the trend line. This ones simple - if the price breaks below the trend line, the price has changed trend.
Remember to always place your stop loss in valid places and make sure your stop loss is significantly smaller than your take profit.
📉 Daily Bitcoin chart review 📈
Nothing changes, same side moving. Although long term I'm extremely bullish, each day my feelings for short term dump grow stronger. Got to choose side here. Other way no chance to earn/lose money from the move. Whales got to cut those early shorts, so highly possible pump will come first. While ~9700 zone stay strongest, we may see pump up to 10100 to collect more liquidation. And then dump to 8900 / 8666 or lower. Expect unexpected. Volume is dropping so move is coming soon.
Accumulating short position by ladder from 9670 / 9750 / 10050. Stop above 10125.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9200 - 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 40 (<= 38 <= 38 <= 52)
👑 BTC Dominance: 64.9% (<= 64.8 <= 64.9 <= 64.7)
⚙️ 24h Volume: $60 billion (<= 72 <= 108 <= 83)
Other: 🔪 Scalping 💷 Forex 🐦 Twitter
Ref links: ByBit | Binance | FTX | Bitmex
@AllTimeHighTraders #BTC #Bitcoin (TradingView)
Nothing changes, same side moving. Although long term I'm extremely bullish, each day my feelings for short term dump grow stronger. Got to choose side here. Other way no chance to earn/lose money from the move. Whales got to cut those early shorts, so highly possible pump will come first. While ~9700 zone stay strongest, we may see pump up to 10100 to collect more liquidation. And then dump to 8900 / 8666 or lower. Expect unexpected. Volume is dropping so move is coming soon.
Accumulating short position by ladder from 9670 / 9750 / 10050. Stop above 10125.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9200 - 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 40 (<= 38 <= 38 <= 52)
👑 BTC Dominance: 64.9% (<= 64.8 <= 64.9 <= 64.7)
⚙️ 24h Volume: $60 billion (<= 72 <= 108 <= 83)
Other: 🔪 Scalping 💷 Forex 🐦 Twitter
Ref links: ByBit | Binance | FTX | Bitmex
@AllTimeHighTraders #BTC #Bitcoin (TradingView)
I see it simple. We all spend time on certain jobs we do. Whether you are a doctor, policemen, manager or driver, you spend your full time doing this and that makes you professional.
My full time job is searching the market for opportunities and sharing them with you. I am professional in this. Not a magician, not Nostradamus. Nothing like this. It takes lots of time, hard work, experience and knowledge. And I sell all that for relatively small monthly payment, which gives you much better trading experience, than most channels do with cheaper lifetime membership.
Its only 0.01 BTC per month. Write to @Athtrader if you have any questions.
🙏
My full time job is searching the market for opportunities and sharing them with you. I am professional in this. Not a magician, not Nostradamus. Nothing like this. It takes lots of time, hard work, experience and knowledge. And I sell all that for relatively small monthly payment, which gives you much better trading experience, than most channels do with cheaper lifetime membership.
Its only 0.01 BTC per month. Write to @Athtrader if you have any questions.
🙏
Hello! I'm Shelby, manager of @Alltimehightraders and admin of the signal and update channel. We are glad you joined our channel. If you have questions about our signals or Arbitrage program feel free to DM me.
It's a new week and I'm bringing to remind you of our arbitraging program which aim at trading without loss for our members.
RETURN ON INVESTMENT
An average investors in the program have a minimum of 25% interest per month guaranteed, and a minimum of 1% guaranteed every day.
PLAN AND STRATEGY
What i offer you is to start with a minimum account that ensures an exceptional rate of 1% everyday for a minimum of 7 trading days (Depending on your budget) whatever your investment.
WITHDRAWAL
After 30 days your funds and interest will be available, and you will see that this is a great way to get into this cryptocurrency community
NEED TO KNOW MORE???
👇👇👇
👇👇👇
@Athtrader
It's a new week and I'm bringing to remind you of our arbitraging program which aim at trading without loss for our members.
RETURN ON INVESTMENT
An average investors in the program have a minimum of 25% interest per month guaranteed, and a minimum of 1% guaranteed every day.
PLAN AND STRATEGY
What i offer you is to start with a minimum account that ensures an exceptional rate of 1% everyday for a minimum of 7 trading days (Depending on your budget) whatever your investment.
WITHDRAWAL
After 30 days your funds and interest will be available, and you will see that this is a great way to get into this cryptocurrency community
NEED TO KNOW MORE???
👇👇👇
👇👇👇
@Athtrader
📉 Daily Bitcoin chart review 📈
Trendline cross acted as a trigger for dump. BTC landed right into our first support zone at 8900 👌 This bounce may take BTC to previously broken support at 9200-9260 range. Big picture favor lower retracement to ~8630-8700 zone. That will be last support able to reverse price back up. If won't hold, within 1-3 weeks Bitcoin will fall to 7150-7350.
🟥 9200 - 9540 - 9640 - 9740 - 9850 - 9970
🟩 8900 ✅ 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 37 (<= 40 <= 38 <= 38)
👑 BTC Dominance: 65.1% (<= 64.9 <= 64.8 <= 64.9)
⚙️ 24h Volume: $80 billion (<= 60 <= 72 <= 108)
Other: 🔪 Scalping 💷 Forex 🐦 Twitter
Ref links: ByBit | Binance | FTX | Bitmex
@AllTimeHighTraders #BTC #Bitcoin (TradingView)
Trendline cross acted as a trigger for dump. BTC landed right into our first support zone at 8900 👌 This bounce may take BTC to previously broken support at 9200-9260 range. Big picture favor lower retracement to ~8630-8700 zone. That will be last support able to reverse price back up. If won't hold, within 1-3 weeks Bitcoin will fall to 7150-7350.
🟥 9200 - 9540 - 9640 - 9740 - 9850 - 9970
🟩 8900 ✅ 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 37 (<= 40 <= 38 <= 38)
👑 BTC Dominance: 65.1% (<= 64.9 <= 64.8 <= 64.9)
⚙️ 24h Volume: $80 billion (<= 60 <= 72 <= 108)
Other: 🔪 Scalping 💷 Forex 🐦 Twitter
Ref links: ByBit | Binance | FTX | Bitmex
@AllTimeHighTraders #BTC #Bitcoin (TradingView)
Binance
#OGN/BTC All take-profit targets achieved 😎
Profit: 34.0% 📈
Period: 11 Days 22 Hours 25 Minutes ⏰
#OGN/BTC All take-profit targets achieved 😎
Profit: 34.0% 📈
Period: 11 Days 22 Hours 25 Minutes ⏰
Binance
#OGN/BTC All take-profit targets achieved 😎
Profit: 34.0% 📈
Period: 14 Days 11 Hours 19 Minutes ⏰
#OGN/BTC All take-profit targets achieved 😎
Profit: 34.0% 📈
Period: 14 Days 11 Hours 19 Minutes ⏰
@Binance_Telegram
Weekly Market Update - Jun 22, 2020
Market Moves
BTC $9,391.1 2.30% ⬆️
ETH $233.42 3.00% ⬆️
BNB $16.17 0.43% ⬆️
Top 3 Gainers on Binance
LEND $0.15413 97.64% ⬆️
ERD $0.00520 74.74% ⬆️
TNB $0.00320 72.34% ⬆️
Top 3 Fallers on Binance
SNGLS $0.01271 -22.07% ⬇️
QSP $0.02030 -12.58% ⬇️
ZIL $0.02004 -9.96% ⬇️
@Binance_telegram
Binance News
- Become a VIP by Trading on the Binance OTC Portal
Trading News
- Binance lists Everipedia (IQ)
- Binance Futures launches ZIL/USDT and KNC/USDT perpetual contracts with up to 50x leverage
- Binance wiill support the upcoming Zcoin (XZC) and NavCoin (NAV) mainnet upgrades
In Other News…
- Singapore to explore Central Bank Digital Currency with China
Weekly Market Update - Jun 22, 2020
Market Moves
BTC $9,391.1 2.30% ⬆️
ETH $233.42 3.00% ⬆️
BNB $16.17 0.43% ⬆️
Top 3 Gainers on Binance
LEND $0.15413 97.64% ⬆️
ERD $0.00520 74.74% ⬆️
TNB $0.00320 72.34% ⬆️
Top 3 Fallers on Binance
SNGLS $0.01271 -22.07% ⬇️
QSP $0.02030 -12.58% ⬇️
ZIL $0.02004 -9.96% ⬇️
@Binance_telegram
Binance News
- Become a VIP by Trading on the Binance OTC Portal
Trading News
- Binance lists Everipedia (IQ)
- Binance Futures launches ZIL/USDT and KNC/USDT perpetual contracts with up to 50x leverage
- Binance wiill support the upcoming Zcoin (XZC) and NavCoin (NAV) mainnet upgrades
In Other News…
- Singapore to explore Central Bank Digital Currency with China
Binance
Become a VIP by Trading on the Binance OTC Portal | Binance Support
Fellow Binancians,
Binance is excited to announce the OTC Portal VIP cam...
Binance is excited to announce the OTC Portal VIP cam...
⚖️ TOP 4 by daily volume ⚖️
These are top 4 coins by volume (in BTC market). Decided to skip Ethereum chart as it always there and I update its chart more or less often in any case.
These are top 4 coins by volume (in BTC market). Decided to skip Ethereum chart as it always there and I update its chart more or less often in any case.
Top down analysis, I’m pretty sure you have heard of it, but what does it actually mean?
Top down analysis is when you analyse your trading pairs starting from the highest timeframe (monthly) and work your way down to the lowest that you trade on (most likely 1H-15M)
Do you utilise top down analysis?
We do, and the reason for this is because it gives you a greater idea of what is going on in the market.
You could be trading on the 1H chart and think the price is trending upwards when in actual fact it’s just retracing a huge downtrending market on the weekly or daily chart!
Make sure you know what is going on in the whole market, NOT just a few hours.
@AllTimeHighTraders #education
Top down analysis is when you analyse your trading pairs starting from the highest timeframe (monthly) and work your way down to the lowest that you trade on (most likely 1H-15M)
Do you utilise top down analysis?
We do, and the reason for this is because it gives you a greater idea of what is going on in the market.
You could be trading on the 1H chart and think the price is trending upwards when in actual fact it’s just retracing a huge downtrending market on the weekly or daily chart!
Make sure you know what is going on in the whole market, NOT just a few hours.
@AllTimeHighTraders #education
👆👆👆👆👆👆
Trading channels can be very lucrative, you just need the how and where to trade them.
If price is inside an ascending channel, you should only look to place buy orders. You should be looking to be placing them when price hits the bottom of the channel and there should be bullish confirmation, maybe a bullish engulfing candlestick.
When price breaks out of an ascending channel you should only be looking to be placing trades when price breaks below the channel and not above. Most times when price breaks above an ascending channel its a fake out! When price breaks below a channel, you should be placing sell orders when price retests the channel.
When price is inside a descending channel you should only be placing sell orders. you should be looking to place them when price reaches the top of the channel and forms a bearish confirmation. A bearish engulfing candle would be a perfect entry trigger. When price breaks out of a descending channel you should only place a trade when it breaks t
Trading channels can be very lucrative, you just need the how and where to trade them.
If price is inside an ascending channel, you should only look to place buy orders. You should be looking to be placing them when price hits the bottom of the channel and there should be bullish confirmation, maybe a bullish engulfing candlestick.
When price breaks out of an ascending channel you should only be looking to be placing trades when price breaks below the channel and not above. Most times when price breaks above an ascending channel its a fake out! When price breaks below a channel, you should be placing sell orders when price retests the channel.
When price is inside a descending channel you should only be placing sell orders. you should be looking to place them when price reaches the top of the channel and forms a bearish confirmation. A bearish engulfing candle would be a perfect entry trigger. When price breaks out of a descending channel you should only place a trade when it breaks t
DeFi coins are trending, but that is a scary beginning of hour candle 😱
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage.
@AllTimeHighTraders #Altcoins #Index #FTX
💡 DeFi Index combines charts of KNC, LEND, MKR, KAVA, ZRX, LRC, REN, REP, BNT, SNX and COMP (each coin is weighted equally). You can trade it at FTX exchange (co-owned by Binance) with up to 100x leverage.
@AllTimeHighTraders #Altcoins #Index #FTX
📉 Daily Bitcoin chart review 📈
After hitting our target at 9750 BTC moves according to yesterday forecast to re-test 9450 zone (might dip lower to 9350). Price reaction to that zone will define the following days.
Keep in mind that Bitcoin traders and investors are braced for more than 100,000 bitcoin options totaling $930 million to expire on June 26 - nearly 70% of bitcoin’s entire open interest (link). Therefore we may expect a HUGE volatility coming. Hold your pants 💩
🟥 9745 ✅ 9880 - 10000 - 10222 - 10500 - 11444
🟩 9450 - 9360 - 9290 - 9050 - 8888 - 8666
😱 Fear & Greed index: 50 (<= 41 <= 38 <= 37)
👑 BTC Dominance: 64.6% (<= 64.7 <= 64.6 <= 64.7)
⚙️ 24h Volume: $63 billion (<= 71 <= 59 <= 58)
Other: 🔪 Scalping 💷 Forex 🐦 Twitter
Ref links: ByBit | Binance | FTX | Bitmex
@AllTimeHighTraders #BTC #Bitcoin (TradingView)
After hitting our target at 9750 BTC moves according to yesterday forecast to re-test 9450 zone (might dip lower to 9350). Price reaction to that zone will define the following days.
Keep in mind that Bitcoin traders and investors are braced for more than 100,000 bitcoin options totaling $930 million to expire on June 26 - nearly 70% of bitcoin’s entire open interest (link). Therefore we may expect a HUGE volatility coming. Hold your pants 💩
🟥 9745 ✅ 9880 - 10000 - 10222 - 10500 - 11444
🟩 9450 - 9360 - 9290 - 9050 - 8888 - 8666
😱 Fear & Greed index: 50 (<= 41 <= 38 <= 37)
👑 BTC Dominance: 64.6% (<= 64.7 <= 64.6 <= 64.7)
⚙️ 24h Volume: $63 billion (<= 71 <= 59 <= 58)
Other: 🔪 Scalping 💷 Forex 🐦 Twitter
Ref links: ByBit | Binance | FTX | Bitmex
@AllTimeHighTraders #BTC #Bitcoin (TradingView)
Do you know what the different type of charts are?
If you don’t keep on reading…
Renko: Renko charts are designed to filter out minor price movements to make it easier for traders to focus on important trends.
Candlesticks: Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (Open, Close, High and Low) throughout the period of time the trader specifies.
Heiken Ashi: Heiken Ashi means “Average Bar” in Japanese. The Heiken Ashi technique can be used in conjunction with candlestick charts when trading to spot market trends and predict future prices.
Line: A Line chart gives traders a clear visualisation of where the price of an instrument has travelled over a given time period. Because line charts only show closing prices, they reduce noise from less critical times in the trading day, such as the open, high and low.
@AllTimeHighTraders #education
If you don’t keep on reading…
Renko: Renko charts are designed to filter out minor price movements to make it easier for traders to focus on important trends.
Candlesticks: Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (Open, Close, High and Low) throughout the period of time the trader specifies.
Heiken Ashi: Heiken Ashi means “Average Bar” in Japanese. The Heiken Ashi technique can be used in conjunction with candlestick charts when trading to spot market trends and predict future prices.
Line: A Line chart gives traders a clear visualisation of where the price of an instrument has travelled over a given time period. Because line charts only show closing prices, they reduce noise from less critical times in the trading day, such as the open, high and low.
@AllTimeHighTraders #education
Two 4H candles in a row dumped all the way to lower green support zone at 9250-9300. No long wicks that would promise strong bounce, but we may expect it in any case at least to 9450-9500. Growing above (close above) may be a bullish sign, but we won't know it until tomorrow as it requires at least 3 more complete 4H candles.
Falling below 9250 will start a bloody waterfall down to 8700-8900.
@AllTimeHighTraders #BTC #Bitcoin
Falling below 9250 will start a bloody waterfall down to 8700-8900.
@AllTimeHighTraders #BTC #Bitcoin