Post
Topic
Board Trading Discussion
Re: simple trading strategy
by
tsutiy
on 12/10/2018, 08:16:51 UTC
Good day everyone, since I have some free time, I will share my trading strategy and I will try to explain it in the simplest way
so to cut the chase,

Trading Indicators to use:
Bollinger Bands
Stochastic RSI
MACD (optional)
source: www.investopedia.com

So how? First, you'll need to understand basic psychology of the three indicators mentioned above.

Buy signal: when the price reaches a support and stochastic RSI crossover
For example: https://imgur.com/a/ODiSrfN

Sell signal: when the price reaches a resistance and stochastic RSI cross over
For example: https://imgur.com/a/tGVrbXw

And make sure to use MACD for signal reinforcement






I prefer classic candlestick analysis. It works with levels nicely on fiat, but in crypto may fail sometimes. however, it makes me move forward everytime.