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

Sort:  

Congratulations @benjixiii! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @benjixiii! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem community has lost an epic member! Farewell @woflhart!
SteemitBoard - Witness Update
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.027
BTC 60915.02
ETH 2636.51
USDT 1.00
SBD 2.64