Hello
I have my own personal views on BTCUSD I currently hadn’t trade it but I watch it I’m a position traders in to secure my spot only comes with patience.
Yet I’ll give you the best way to trade this pair. Throw out you analyze cuz there isn’t room for it. The market gave clues but this is beyond the average trader abilities for me to even go there, all those wave analysis etc harmonic patterns the player account for them. Ha they are the ones that understand it the best ppl 🤦🏾♂️.
Thus as I always say what will win you most of the time is these three
MARKET PSYCHOLOGY
PRICE AND TIME ACTION
Combined with leading indicators. Based off of volume or that can indirectly reflect it as the linear regression.
Now back to topic
I’ll say here best method here is to buy off an average
Now before you think like that’s not good method etc.
Let me explain to you the difference
And the difference relays on what average.
So let me introduce to those who hadn’t read my posts on the
mvwap
The moving volume weighted average price
It’s by far the best average you can plot on you chart
Now let me explain what it isn’t
It’s not that quick responsive average
Yet it’s not that lagging average also like the 200 etc
What it is is what gives it its power
It’s a vwap on steroids
Now if you know what the vwap is you know the player do use the vwap
But what the vwap flaws the mwvap succeeds
The vwap rests daily the mwvap doesn’t. It takes the vwaps over the selected timeframe and average the vwaps continuously and plots its
So what you have is a average that average the vwaps that accounts for price and volume that is continuously
So now how do we proceeds with this info here?
Let’s me explain how to use it
Now again it’s not responsive and tbh you don’t need it to be
What you really need in an average is one that’ll give you support and resistance based off off volume over price.
Thus thus average will tell you if price is too costly or too cheap.
And guess who likes to buy cheap and sale high?
THEY DO!
so if price is too far from the average as in BTCUSD( the 4hr average reflect BTCUSD well) this means price is too costly. Thus they won’t buy and you shouldn’t as well.
So what will happen and his how to trade
Let the market range and or retrace to the 4hr average
Let price retest it twice
Enter
Sl below candle
Now this tells us that when we buy and or sell around this average we are getting the best price. Cuz it’s the cheapest price based off of the volume added to the market. So when price breaks the average we know that it requires volume to do such unlike your regular average cus the regular average DONT account for what ?
VOLUME!
And volume is what?
THE GAS IN THE MARKETS ENGINE
HOW TO TRADE LIKE THEM-
CORRECTING MISEDUCATION
PLZ SHARE LIKE FOLLOW
I have my own personal views on BTCUSD I currently hadn’t trade it but I watch it I’m a position traders in to secure my spot only comes with patience.
Yet I’ll give you the best way to trade this pair. Throw out you analyze cuz there isn’t room for it. The market gave clues but this is beyond the average trader abilities for me to even go there, all those wave analysis etc harmonic patterns the player account for them. Ha they are the ones that understand it the best ppl 🤦🏾♂️.
Thus as I always say what will win you most of the time is these three
MARKET PSYCHOLOGY
PRICE AND TIME ACTION
Combined with leading indicators. Based off of volume or that can indirectly reflect it as the linear regression.
Now back to topic
I’ll say here best method here is to buy off an average
Now before you think like that’s not good method etc.
Let me explain to you the difference
And the difference relays on what average.
So let me introduce to those who hadn’t read my posts on the
mvwap
The moving volume weighted average price
It’s by far the best average you can plot on you chart
Now let me explain what it isn’t
It’s not that quick responsive average
Yet it’s not that lagging average also like the 200 etc
What it is is what gives it its power
It’s a vwap on steroids
Now if you know what the vwap is you know the player do use the vwap
But what the vwap flaws the mwvap succeeds
The vwap rests daily the mwvap doesn’t. It takes the vwaps over the selected timeframe and average the vwaps continuously and plots its
So what you have is a average that average the vwaps that accounts for price and volume that is continuously
So now how do we proceeds with this info here?
Let’s me explain how to use it
Now again it’s not responsive and tbh you don’t need it to be
What you really need in an average is one that’ll give you support and resistance based off off volume over price.
Thus thus average will tell you if price is too costly or too cheap.
And guess who likes to buy cheap and sale high?
THEY DO!
so if price is too far from the average as in BTCUSD( the 4hr average reflect BTCUSD well) this means price is too costly. Thus they won’t buy and you shouldn’t as well.
So what will happen and his how to trade
Let the market range and or retrace to the 4hr average
Let price retest it twice
Enter
Sl below candle
Now this tells us that when we buy and or sell around this average we are getting the best price. Cuz it’s the cheapest price based off of the volume added to the market. So when price breaks the average we know that it requires volume to do such unlike your regular average cus the regular average DONT account for what ?
VOLUME!
And volume is what?
THE GAS IN THE MARKETS ENGINE
HOW TO TRADE LIKE THEM-
CORRECTING MISEDUCATION
PLZ SHARE LIKE FOLLOW
