Post
Topic
Board Trading Discussion
Re: What trading indicator(s) do you use for a 'long trade' or a 'short trade' ?
by
cryptician12
on 30/11/2017, 19:02:54 UTC
I'd say don't use indicators (except for moving averages). They all lag and you'd just be catching tails of any market moves. Trading strategies don't need to be as complex as people make them out to be. Stick to the basics. Try to identify levels of support and resistance, and then see how the market behaves around those levels. For that you'd need to pay attention to volume, time and sales and what's happening in the order book.

Once CME futures start trading, we'll also have access to volume profiles for bitcoin, which would help tons...