Trading Bitcoin Using TD Sequential Analysis

in #tdsequential7 years ago (edited)

I am a technical analysis trader, and I do a lot of TD Sequential analysis on many different markets and currency pairs, traditional and crypto. Lately there has been a large amount of individuals contacting me and asking me how does someone trade based off TD Sequential, so I started an educational series on my tradingview page. https://www.tradingview.com/u/benji13/

In my chart below, I tell you what dictates long and short trades, along with when you should/shouldn't enter/exit trades, and where your stop loss/trailing stop should be.
TD Sequential, is in my opinion, one of the most accurate and successful trading tools available, because it forces you to use good trading habits such as using a stop loss and being patient on entering your trades.

Below is one of many examples I have created pointing out how you would trade Bitcoin using TD Sequential.

https://www.tradingview.com/chart/BTCUSD/r9VKD3iA-TD-Sequential-Trading-Example-On-BTC-USD/

There are many ways you can trade using TD Sequential, not only based off how you interpret the indicator, but also how you incorporate it into your trading style/strategy. I personally use it as a leading indicator, then I look at trend lines, candle stick and chart patterns, along with one or two oscillators such as RSI (relative strength indicator). At the same time, I am friends with individuals who use TD Sequential as a supporting indicator to help them see and confirm +/- divergence. It all depends on you as an individual.

Be sure to follow me on tradingview https://www.tradingview.com/u/benji13/ to make sure you keep up with posts and education on TD Sequential to help further your understanding and trading skills.

TD Sequential Resources:

https://tradetrekker.wordpress.com/tdsequential/

http://practicaltechnicalanalysis.blogspot.com/2013/01/tom-demark-sequential.html

About Tom DeMark:

https://en.wikipedia.org/wiki/Thomas_DeMark

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