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Attachments: Bitcoin Enthusiasts
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Bitcoin Enthusiasts

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  • Post #41
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  • Mar 11, 2021 5:11pm Mar 11, 2021 5:11pm
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Quoting Needy
Disliked
Pardon my (off topic) intrusion. Would someone point me to MT4 type platforms that do various crypto pairs? Brokers or exchanges that provide PC based package like MT4 would be great! At least I know how to navigate MT4 and somewhat familiar with Meta Editor. Thanks a bunch!
Ignored
https://comparebrokers.co/compare/be...roker-for-mt4/
 
 
  • Post #42
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  • Mar 12, 2021 11:30am Mar 12, 2021 11:30am
  •  Needy
  • | Joined Nov 2010 | Status: Member | 28 Posts
Thank You TaoTrader, this is perfect!
 
1
  • Post #43
  • Quote
  • Mar 12, 2021 11:48pm Mar 12, 2021 11:48pm
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Quoting Needy
Disliked
Thank You TaoTrader, this is perfect!
Ignored
No problem
 
 
  • Post #44
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  • Mar 13, 2021 4:51am Mar 13, 2021 4:51am
  •  Ll1979
  • Joined Dec 2008 | Status: Member | 2,931 Posts
Quoting Needy
Disliked
Pardon my (off topic) intrusion. Would someone point me to MT4 type platforms that do various crypto pairs? Brokers or exchanges that provide PC based package like MT4 would be great! At least I know how to navigate MT4 and somewhat familiar with Meta Editor. Thanks a bunch!
Ignored
Just being curious why do you prefer MT4 (considering spread and trading costs)?
persistence and determination alone are omnipotent
 
 
  • Post #45
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  • Mar 13, 2021 4:55am Mar 13, 2021 4:55am
  •  Tim_isoara
  • Joined May 2009 | Status: trader | 1,864 Posts
Quoting Ll1979
Disliked
{quote} Just being curious why do you prefer MT4 (considering spread and trading costs)?
Ignored
Why you don't prefer MT4?
 
 
  • Post #46
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  • Mar 13, 2021 5:03am Mar 13, 2021 5:03am
  •  Tim_isoara
  • Joined May 2009 | Status: trader | 1,864 Posts
Quoting TaoTrader
Disliked
As Bitcoin continues to recover today......... A few important points: -You CANNOT trade Bitcoin just using technical analysis. You MUST combine it with fundamental analysis. If you are only trading on technicals, you would be better off sticking to Forex. -If you do not understand Bitcoin's market position, its global scope, and how deeply it penetrates the financial world, you are better off not trading it. -If you do not think Bitcoin is the future or if you do not believe in parabolic trends, you are better off not trading Bitcoin. -If you do...
Ignored
"You MUST combine it with fundamental analysis" What are the fundamental news for bitcoin?
 
 
  • Post #47
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  • Mar 13, 2021 5:06am Mar 13, 2021 5:06am
  •  Ll1979
  • Joined Dec 2008 | Status: Member | 2,931 Posts
Quoting Tim_isoara
Disliked
{quote} Why you don't prefer MT4?
Ignored
spread and trading fee
persistence and determination alone are omnipotent
 
 
  • Post #48
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  • Mar 13, 2021 5:10am Mar 13, 2021 5:10am
  •  Tim_isoara
  • Joined May 2009 | Status: trader | 1,864 Posts
Quoting Ll1979
Disliked
{quote} spread and trading fee
Ignored
What spread and fee you have? What platform,broker use?
 
 
  • Post #49
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  • Mar 13, 2021 5:18am Mar 13, 2021 5:18am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Quoting Tim_isoara
Disliked
{quote} "You MUST combine it with fundamental analysis" What are the fundamental news for bitcoin?
Ignored
Technicals relate to interpreting the chart patterns and using indicators, etc.....

Fundamentals relate to everything else, such as the market cap, available supply, info related to whales, global acceptance and use of bitcoin, government use of bitcoin, etc.....
 
 
  • Post #50
  • Quote
  • Edited at 5:40am Mar 13, 2021 5:20am | Edited at 5:40am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
4hr cup with handle pattern finally breaking clear to the upside. New high for bitcoin and rising.
 
 
  • Post #51
  • Quote
  • Mar 13, 2021 5:25am Mar 13, 2021 5:25am
  •  Ll1979
  • Joined Dec 2008 | Status: Member | 2,931 Posts
Quoting Tim_isoara
Disliked
{quote} What spread and fee you have? What platform,broker use?
Ignored
Binance with maker/taker fees starting from 0,1% percent

(fees -> https://www.binance.com/en/fee/schedule)
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persistence and determination alone are omnipotent
 
1
  • Post #52
  • Quote
  • Mar 13, 2021 5:26am Mar 13, 2021 5:26am
  •  Tim_isoara
  • Joined May 2009 | Status: trader | 1,864 Posts
Quoting TaoTrader
Disliked
{quote} Technicals relate to interpreting the chart patterns and using indicators, etc..... Fundamentals relate to everything else, such as the market cap, available supply, info related to whales, global acceptance and use of bitcoin, government use of bitcoin, etc.....
Ignored
Are fundamental news for Bitcoin? An economic calendar?
 
 
  • Post #53
  • Quote
  • Mar 13, 2021 5:29am Mar 13, 2021 5:29am
  •  Tim_isoara
  • Joined May 2009 | Status: trader | 1,864 Posts
Quoting Ll1979
Disliked
{quote} Binance with maker/taker fees starting from 0,1% percent (fees -> https://www.binance.com/en/fee/schedule) {image}
Ignored
In pips please, spread are?
 
 
  • Post #54
  • Quote
  • Edited at 5:44am Mar 13, 2021 5:32am | Edited at 5:44am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Quoting Tim_isoara
Disliked
{quote} Are fundamental news for Bitcoin? An economic calendar?
Ignored
Are you asking where to find fundamental news for bitcoin? The "Crypto Craft" forum here is a good source of news info. I also follow a few people on youtube who have good fundamental news info, and I google a lot to look for different sources.
 
 
  • Post #55
  • Quote
  • Mar 13, 2021 5:35am Mar 13, 2021 5:35am
  •  Ll1979
  • Joined Dec 2008 | Status: Member | 2,931 Posts
Quoting Tim_isoara
Disliked
{quote} In pips please, spread are?
Ignored
The picture indicates the spread BTC/USDT pair. In this case 0.01
persistence and determination alone are omnipotent
 
 
  • Post #56
  • Quote
  • Mar 13, 2021 5:41am Mar 13, 2021 5:41am
  •  Tim_isoara
  • Joined May 2009 | Status: trader | 1,864 Posts
Quoting Ll1979
Disliked
{quote} The picture indicates the spread BTC/USDT pair. In this case 0.01
Ignored
Very good.
 
 
  • Post #57
  • Quote
  • Mar 13, 2021 5:42am Mar 13, 2021 5:42am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Sorry everyone I meant the 4hr chart had a "cup w handle" pattern that just broke to the upside.
 
 
  • Post #58
  • Quote
  • Mar 13, 2021 5:47am Mar 13, 2021 5:47am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Quoting Tim_isoara
Disliked
{quote} Are fundamental news for Bitcoin? An economic calendar?
Ignored
You know where it is on here right? I guess it's not really a forum but an area of the website with its own forums. Upper left side of the website, hover over the blue "Forex Factory" icon, then you will see a purple "Crypto Craft" icon......its 3 rows down.
 
 
  • Post #59
  • Quote
  • Mar 13, 2021 6:03am Mar 13, 2021 6:03am
  •  MichaelSch
  • Joined Dec 2015 | Status: Member | 1,764 Posts
I do not get why people point to use fundamental data for trading on technical level. Price tell you what can be done. If I daytrade need i the overall direction of the instrument? I say you do not need it. If I invest and will be for years in a position, I can have look. I can use a larger time frame and got the informations I need. Every new filter lead to a more unclear trading, filter tend to fight against each other.
Market is more simple as you think.
 
 
  • Post #60
  • Quote
  • Mar 13, 2021 6:06am Mar 13, 2021 6:06am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 551 Posts
Quoting MichaelSch
Disliked
I do not get why people point to use fundamental data for trading on technical level. Price tell you what can be done. If I daytrade need i the overall direction of the instrument? I say you do not need it. If I invest and will be for years in a position, I can have look. I can use a larger time frame and got the informations I need. Every new filter lead to a more unclear trading, filter tend to fight against each other.
Ignored
I can't speak for anyone else here, but I'm a swing trader, and I use a combination of fundamentals & technicals. Bitcoin defies technical analysis whenever it feels like it also LOL
 
 
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