Post
Topic
Board Trading Discussion
Re: What is your trading style?
by
plpatel
on 05/08/2018, 18:04:01 UTC
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.
I have been in to trading for more than a decade, and I'm still undecided on which strategy to use most often. Having said this, my method of trading differs as per situation arises. I usually like to do swing trades, so I try to figure the high and low, i.e. resistance and support and take trades based on this.