Quote from: Tytanowy Janusz on August 05, 2018, 12:11:24 PM

Quote from: cryptoking1981 on August 05, 2018, 11:46:27 AM

It would be interesting to know what your trading methods and style are? and how successful your strategy is?

I have been trading for less than a year. At the momement I mostly like to trade BTC and ETH due to the 5* leverage on Kraken.

Up until now, I have been trying to be a trend reversal trader. I mostly try and use RSI divergence on various timeframes (however prefer 4h), as well as using the MACD and the histogram as complimentary tools.

I also use EMA 12/26 (cradle zone , area between the two EMA's) as support and resistence, as price action frequently bounces of these averages.

My strategy is to buy low and sell high

Now seriously ... crypto market is too speculative and too shallow to trade on indicators because they are beeing destroyed by big investors or big speculats. After each indicator beeing destroyed by big investors makes small to fomo or panic. Thats where my trades appear. I buy panic and sell hope or short fomo and close at panic. I dont use indicators for that because they can be used only when market is "boring". It will give you few good trades and than 1 fail trade with exiting on panic (where i buy).

But it could also get a relatively small profit from trade that is done using the spread of a bid-ask. These traders believe in the small steps taken to get greater price movements.