
Order block:
Order block at the beginning of a trend is the best ones.
Order blocks where an impulsive move occurs to the upside is usually the best ones to trade.
Order blocks where impulsive drops take place are also the best ones.
Turn on your volume indicator on the charts and make sure there's good enough volume where the order blocks are created.
Start with higher timeframe and then go to lower timeframes to refine the levels and then demo trade on them.
Never assume it's an order block just because you see red green red or green red green candles together.
A simple tip but very important and useful for above shared videos.
1) When you enter after break of resistance and retest, make sure to check the momentum on RSI just to get an idea if a coin is in a overbought zone or below the overbought area. If it is in overbought zone on 4 hour and 6 hour, be a little careful with your entries and manage your stop losses so that they are closer to entry price - max 1.5%
If the coin is not in the overbought zone on 4 hour and 6 hour, it is good to keep your stop loss around 2-2.2%.
2) Remember to watch out both for bullish divergence and bearish divergence when you enter a trade.
This makes your strategy and trading setup into a bullet proof strategy. Minimize your risk and maximize your profitability.
About GMX
Take all the liquidation levels of the big trades on GMX and draw them on your charts.
For example, if somebody is trading worth 10 million and his liquidation price is 28600 on BTC - you should then go to BTC perpetual chart and draw a zone around 28600-28620. Next time when the price comes to that level, you should observe it closely. If you see the price bounces back from that zone, it means next time you take all the liquidation levels of big trades and counter trade them.
For some of you this strategy seems to be a bit difficult. Here is the solution, observe them both on H1 and H4 instead of daily. If you find it easier on H1 & H4, then trade on those two timeframes and only confirm your analysis on daily timeframe instead of trading on it.
Solution - Wait for the 1 hourly candle to close and then you will know exactly what's happening, this could be one of the easiest solutions to spot EQH and EQL's
Watch it twice and learn it properly.
ormally I don't make videos on indicators like these but this trick to using Bollinger bands can speed up the process to acquiring fortunes.
Ultimate Trading Education
This course is designed to bring you a practical guide to trading from an institutional perspective unlike other courses available to the general public which is mostly about retail trading concepts.
We have made sure to provide you with enough financial education to understand the functions and the mechanism of the financial markets.
This course is not only about stocks, forex, and crypto, it includes several other topics such as financial instruments, capital markets, global economic structure, banking ,and monetary system.
95% of the retail traders are trapped into the false narrative that has been pushed to the general public for decades which is all built on a perception that has very little to do with the reality of today’s trading industry.
You will find the following in the course;
You will find the following in the course;
Education on financial markets
Capital markets
Global economic structure
The banking system and how it’s relevant to trading industries such as stocks, forex, and crypto.
How the exchanges work
How the institutions trade and their access to exchange retail trading activity on exchanges.
How to make the most out of your trading careers and the crypto opportunity.
Learn to adopt an institutional trading approach.