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Crypto Trading Notes

Crypto Trading Notes

Very good interview with a very positive force in Crypto.
http://radiantcreators.com/2018/06/23/interview-with-crypto-love-life-as-an-imperfect-perfection/

Getting Into The Market

How Do I Buy Crypto!?

If you are totally new to Crypto and would like to “get in” and buy some Bitcoin, start here. EVERYONE tends to start with Coinbase. If all you do is buy in a bit, and setup dollar cost averaging for any amount that works, you are making it happen. All will unfold from there.

How to Buy Bitcoin in 2018 – The Safe and Easy Way!

How do I get setup on a Crypto exchange, NOW!

Binance (BNB) Exchange Tutorial – How to Buy Cryptocurrency on Binance

Going to visit CryptoLove again for this. There are MANY exchanges. Binance is arguably the most popular.

 

 

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Scanners

RSI Hunter is a great way to see in real-time Over and Under sold coins, along with Neutral. Very good way to see what coins are moving.

RSI Hunter – Oversold & Overbought Crypto Assets
https://rsihunter.com/

The below two indicators show Volume changes. These are very good in showing coins that are picking up.

Bittrex

https://agile-cliffs-23967.herokuapp.com/

Binance

https://agile-cliffs-23967.herokuapp.com/binance

Crypto Base Scanner is new to me. Have it listed here so I don’t forget to check it out further. Not recommending yet, but something to checkout.

https://cryptobasescanner.com/

 

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Will write details for this soon, still figuring out but looks promising

The Cryptocurrency Signal Finder (Part 1)

https://www.youtube.com/watch?v=Rn5xkKO_o_Y

The Cryptocurrency Signal Finder: Breakouts (Part 2)

https://youtu.be/JEOwXvICOdw

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Automated Trading (A Must!)

3commas Automated Cryptocurrency Trading Platform
https://youtu.be/K6jAuoTf7rM

Telegram 3commas
https://t.me/commaschat

Using this might come a bit later, BUT getting your API keys setup for exchanges will come in handy latter.

3commas can be a bit to figure out at first, but after that is done… it will be your interface to trading and So Effective. Something that really moves me about it is having one interface to all exchanges. Saves endless time not having to login to each exchange. Also trailing stop loss AND trailing take profit… YES!

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Working With Charts

If you get through all this, you know more than 90% of Crypto Traders. I made that 90% number up it is just an opinion… but I think it is correct.

The 7 Golden Rules of Day Traders

https://youtu.be/vVzW0dDrIHc

Rule #1: Don’t add to a losing position 0:57
Rule #2: Cut losses fast 6:10
Rule #3: Never re-buy a winner without a good reason 9:45
Rule #4: Never hold a stock overnight when there’s an earnings or FDA decision the next day 10:57
Rule #5: Never short strong stocks before 1pm 14:15
Rule #6: Never trade out of boredom 18:18
Rule #7: Scale out of winning positions 20:57

 

Totally Great Crypto Learning Series

These YouTube playlists are THE BEST and some of the video’s are referenced again on specific topics.
Trading212 is short and concise on all topics covered. I always go here first.

Beginner Guide To the RSI Indicator
https://www.youtube.com/playlist?list=PL_qZbVTmPuY9qD6SPrJtECVif6UlkNXkS

Technical Analysis & Charting
https://www.youtube.com/playlist?list=PL_qZbVTmPuY_xlEYmnriHzBnyte47sHPv

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Bollinger Bands

First off, what are they and how to use…

Bollinger Bands: Beginner Guide

https://youtu.be/13oogPJwWAM

Now let’s get Cosmic and Crazy and combine Fibonacci Radios to BB!

Bollinger Bands Fibonacci Ratios

If you used TradingView (if not, you should) checkout Shizaru:

https://www.tradingview.com/u/Shizaru/

His scripts (Cosmic Creations):

https://www.tradingview.com/u/Shizaru/#published-scripts

This one combines Bollinger Bands with Fibonacci Ratios and is SO WORKING for me. Very accurate and truly a Cosmic Creation!

Bollinger Bands Fibonacci Ratios
https://www.tradingview.com/script/bCy9urOG-Bollinger-Bands-Fibonacci-ratios/

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MACD

Most Common MACD Potential Buy and Sell Signals

MACD Potential Buy Signal

A potential buy signal is generated when the MACD (blue line) crosses above the MACD Signal Line (red line).

MACD Potential Sell Signal

Similarly, when the MACD crosses below the MACD Signal Line a possible sell signal is generated.

The MACD moving average crossover is one of many ways to interpret the MACD technical indicator. Using the MACD histogram and MACD divergence warnings are two other methods of using the MACD.

The Best Times to Use the MACD Indicator
https://youtu.be/E3KP1WyLITY

Trading Lesson : Charting with Volume and Price
https://youtu.be/tg__0nrx8vg

How to use MACD Indicator to Trade Stock & Binary Options
http://www.theoptionsguide.com/macd-indicator.aspx

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RSI

Above 70%

  – market over bought

  – maybe strength gone too far

Below 30%

– market is oversold

– maybe market down too far and should bounce

 

Beginner Guide To the RSI Indicator

https://youtu.be/rgVdgR1y1Dg

RSI: https://www.youtube.com/watch?v=rgVdgR1y1Dg

RSI indicators normally chart a 10-day period of time.

All these indicators are a way of “taking the temperature” of the market.

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STOCH

Slow Stochastic for New Traders
https://youtu.be/2x9cQHJUKG4

What is Slow Stochastic Oscillator
https://youtu.be/ypXFSA4FlJ4

Focus on Short/Day trade
Stochastics Trading Strategy Part 2
https://youtu.be/i9QzG5PCXWA

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Divergence

Using Divergence To Find Tops and Bottoms
https://youtu.be/9W5lt_ezC2E

Trade Double Tops and Bottoms

Double Top
Double Bottom

How to Trade Double Tops and Bottoms
https://youtu.be/DCTQ9eOCGkQ

Trend Channels

Beginner’s Guide to Trend Channels
https://youtu.be/dT5OSND38R4

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Moving Average

For crypto my MA’s are 8, 50, 200, and 314

Trading 212 Trading Strategies: How to Trade Moving Averages (Part 1)
https://youtu.be/4R2CDbw4g88

Trading 212 Trading Strategies: How to Trade Moving Averages (Part 2)
https://youtu.be/5rMkQurfxrE

 

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Cup and Handle

Trading the Cup and Handle – Stock Chart Pattern
https://youtu.be/dH_Ty-Digfk

What is a ‘Cup and Handle’
A cup and handle pattern on bar charts resembles its namesake, a cup with a handle. The cup is shaped as a “U” and the handle has a slight downward drift. The right-hand side of the pattern typically has low trading volume, and may be as short as seven weeks or as long as 65 weeks.

Read more: Cup and Handle https://www.investopedia.com/terms/c/cupandhandle.asp#ixzz55X1TwJ2Y

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Fibonacci

So far mastering other things, feel free to suggest badass vids and info on this topic. Trading212 does cover these.

These do prove to have validity and will post vid link and notes soon. 4/11/2018

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Trend channels for beginners trading

These are a must. Be sure to check how these look with different time intervals.

https://www.youtube.com/watch?v=dT5OSND38R4

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Reversal patterns for beginners trading

https://www.youtube.com/watch?v=kVTcyoo2f4o

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Candle Formations

There is no way to study Candle’s enough. Much of this does get BORING but candles are a harsh reality that must be mastered!

(Most effective playlist of common candle types. BEST!)
Candlestick Reversal Patterns
https://youtu.be/k9AlAvYa6MA

(Short Intro)
Trading 212: How to Read Japanese Candlestick Charts?
https://youtu.be/OGFxp3Pixg8

(DEEP LEARNING, Take the time for this one)
“High Profit Trades found with Candlestick Breakout Patterns” – Stephen Bigalow
https://youtu.be/1fB3EF7XeXU

Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
https://youtu.be/WQTu8ed6X1U

HOW TO READ CANDLESTICK CHARTS 📈 Candlestick Patterns For Beginners
https://www.youtube.com/watch?v=_NoJHiW1a4Y

High Profit Candlestick Patterns: Advanced Candlestick Patterns
https://youtu.be/Ge4Zazk9olA

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