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Testing Bitcoin Cryptocurrency on Dynamic Market Profile

  • #81
  • May 21, 2018 4:19pm May 21, 2018 4:19pm
BTC
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  • #82
  • May 21, 2018 7:22pm May 21, 2018 7:22pm
Quoting LaVoltage
BTC {image}
Hey Voltage, how is the Crypto adoption in your part of the world?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #83
  • May 21, 2018 10:46pm May 21, 2018 10:46pm
Quoting CannonScout
{quote} Hey Voltage, how is the Crypto adoption in your part of the world?
People onto it.
Bankers acting like they are against. but Mining cryptos anyways along with the Feds, at least thats the word on the street.
  • #84
  • May 21, 2018 10:47pm May 21, 2018 10:47pm
Heading there.
BITCOIN
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  • #85
  • May 21, 2018 10:50pm May 21, 2018 10:50pm
what isn't working on my indicator?
Notice since bitcoin is traded 7 days a week. THE WEEKLY Initial balance ( IB) isn't adjusting to 7 days
  • #86
  • May 21, 2018 11:17pm May 21, 2018 11:17pm
Numbers Changed
Direction Up
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  • #87
  • May 21, 2018 11:26pm May 21, 2018 11:26pm
ZOOM in
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  • #88
  • May 21, 2018 11:37pm May 21, 2018 11:37pm
New Defined Weekly IB
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  • #89
  • May 21, 2018 11:42pm May 21, 2018 11:42pm
Inflection Points
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  • #90
  • May 22, 2018 8:33pm May 22, 2018 8:33pm
How do you trade these? Can you short?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #91
  • May 22, 2018 8:36pm May 22, 2018 8:36pm
WOW
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  • #92
  • May 22, 2018 8:45pm May 22, 2018 8:45pm
Quoting CannonScout
How do you trade these? Can you short?
Yeah. Bitcoin moves toward wide open spaces off of inflection points. MArket profile is awesome indi, but still is as good as the trader behind it
I actually expected higher prices and look what happend
however the probability was there but i choose the direction and that is stupid . I should let the market decide and confirm by retesting then i pick entry.

For the selling or buying points. I really use the Range and IB hi or lo and compare if range is finished or has some juice to go. and if aligns near IB hi or Lo
I execute. the VAL 1 and 2 and what have you... Its something im experimenting with math.. like dividing the range using Standard deviation of the range instead of the price. Here is a Pic without. all that mess.
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  • #93
  • May 22, 2018 9:03pm May 22, 2018 9:03pm
tight zone
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  • #94
  • May 22, 2018 10:26pm May 22, 2018 10:26pm
Quoting LaVoltage
{quote} Yeah. Bitcoin moves toward wide open spaces off of inflection points. MArket profile is awesome indi, but still is as good as the trader behind it I actually expected higher prices and look what happend however the probability was there but i choose the direction and that is stupid . I should let the market decide and confirm by retesting then i pick entry. For the selling or buying points. I really use the Range and IB hi or lo and compare if range is finished or has some juice to go. and if aligns near IB hi or Lo I execute. the VAL 1...
No, I meant how do you trade it? Like do you have a broker or do you use CFD's? And can you short with your current provider.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #95
  • May 23, 2018 7:43am May 23, 2018 7:43am
Quoting CannonScout
{quote} No, I meant how do you trade it? Like do you have a broker or do you use CFD's? And can you short with your current provider.
sorry for the late response, i was asleep.

Many brokers offer crypto trading
ava trade, interactive brokers offers it. many
I downloaded ava trade mt4 and it has all these cryptos and you trade'em as if you trade anything.
screenshot of ava-trade
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  • #96
  • May 23, 2018 10:00am May 23, 2018 10:00am
who bagged some of that
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  • #97
  • May 23, 2018 10:02am May 23, 2018 10:02am
what next?
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  • #98
  • May 23, 2018 9:06pm May 23, 2018 9:06pm
Right. Fair enough. Demo? Not real cash

I was always told, "learning to trade in paper is like learning to fly in a paper plane." To each their own though.

If you think about it Crypto is still way over priced. Considering the profit taking, fear and lack of demand I wouldn't be surprised if it tumbled way further.

8000 for a piece of unauthorised code? You gotta be kidding me.

"Invest in Blockchain not Bitcoin." Forgot who said but will edit if I remember.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #99
  • May 23, 2018 10:44pm May 23, 2018 10:44pm
Quoting CannonScout
Right. Fair enough. Demo? Not real cash I was always told, "learning to trade in paper is like learning to fly in a paper plane." To each their own though. If you think about it Crypto is still way over priced. Considering the profit taking, fear and lack of demand I wouldn't be surprised if it tumbled way further. 8000 for a piece of unauthorised code? You gotta be kidding me. "Invest in Blockchain not Bitcoin." Forgot who said but will edit if I remember.
Of course its demo. Im just playing with numbers and discussing stuff with brilliant folks like you and many here.
and i actually never took a trade on demo either.. sorry didn't mean to fool you into thinking i was trading. lol
I trade on different platform ES emini sp500 futures contracts and EC euro futures.

I read a quote on bitcoin talk forum about a guy supposedly made out really good on bitcoins. He SAYS " HE IS PRETTY SURE THEY ARE THE NEW ELITES"
1st let me tell Mr new elite. The elites may not have bitcoins ( Although I doubt that). but don't forget who has the bigger gun. Gun Dictates. if they want bitcoin to make it, they will let it happen. just like they let Mr New Elite become who he thinks he became. . lol

I don't know its crazy stuffy. but im only looking at bitcoin and not other cryptos for one reason. and that is because an Israeli bank official stated that it was an asset, and thats when i started to really look at it as such and research. A new ASSET to acquire

And yes the correct answer is Blockchains another ASSET. Thank you for sharing your knowledge
  • #100
  • May 23, 2018 10:54pm May 23, 2018 10:54pm
Price gets back inside Value are, chances are it will fill to top Right?


but first might retest that level or close to it.
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