i can not express how glad i am to have found your video. I have made an important trade today and had success. this is awesome. been looking for volume based charts and visuals for a time now and your tuts are a bliss. keep up dude - i am definitely a paying customer.
Great lesson again Professor 🤓. I was one of those that bought BNB but not on the high green candle, at least had the patience to wait for a couple reds but a little more patience could have got a little cheaper! Still...the other reason I bought is because they’re burning tokens next month and that typically 4x the value...also like binance platform and development plans. Will try scalping at some sage but I’ll be HODLing BNB too😉. Keep up the awesome content! Thanks a million
Anyone playing the FTX MOVE contracts, watch your leverage. Those things get fat-fingered pretty often. Don't want to get liquidated off someone dropping a large position all at once. That said, I'm loving this new way to trade.
That's when people do not understand how powerful order flow can be. I'm using tensorcharts since a few weeks for scalping and my profits almost doubled thanks to your tool and the strategies we are given here.
hi bennett, thank you very much for your informational video series. 🌸💫💖 i have one question: in your previous video, you had said that high counter ratio in consolidating periods might result in break-outs. however, in this video some examples have high counter ratio in a corrective market, but the wave returns to the other way. i'm talking about bnb example especially. this confuses me a lot. is it because the context matters or am i missing something here? thank you in advance.
Great video's and great content I just don't see why you talk 2020 in 2018. When trading short timeframes shouldn't someone focus on the daily direction bias as a maximum and not the extreme long term prospection for crypto?
Do day traders spread their stakes across a wider range? i.e. Putting a small bid high up (high likelihood of getting filled), putting a higher bid lower down (medium fill chance), putting even larger bids further down (where it's unlikely to get filled). This is what I've been testing recently. Seems safer in case the market crashes in a short amount of time. I lose a small amount on the smaller stakes higher up, but I then make larger gains that cover those small losses with the big stake lower down as the market retraces.
I cant figure out how to setup the counter ratio chart like that? On the trades counter you deselect all the graphs but then the counter ratio is empty here. How come?
Go to the bottom right section of Tensorcharts.com and hit +new. Then type in 60 minutes on that new counter that pops up and hit the chart button on that tab that is near the x and disable the 5 minute counter (which is default) by hitting the x. Check out part 1 in this series if you need more help.
Bitcoin Trading Challenge Great. Any way to make the “bubbles or dots” more compact? When I use indicator the green and red are all spread apart up down and sideways. Unlike yours all in a nice line. Thank you!!
Great video! as far as covering a short position would I be better off using a stop loss or a take profit as surely setting a stop above the current market price in order to cover the short would just cause it to execute immediately? or is it only when the price crosses the stop level? any advice would be appreciated. (trading on kraken/cyrptowatch)
If you go short, your buy stop would not be executed immediately if set above price. I would use stop losses in a similar manner to when you enter long positions.
i can not express how glad i am to have found your video. I have made an important trade today and had success. this is awesome. been looking for volume based charts and visuals for a time now and your tuts are a bliss. keep up dude - i am definitely a paying customer.
Great Video. You make the complex easy to learn. Profound!!!
Love the new intro and music. Keep up the good work Benet!
*Bennett, but thanks!
Great lesson again Professor 🤓. I was one of those that bought BNB but not on the high green candle, at least had the patience to wait for a couple reds but a little more patience could have got a little cheaper! Still...the other reason I bought is because they’re burning tokens next month and that typically 4x the value...also like binance platform and development plans. Will try scalping at some sage but I’ll be HODLing BNB too😉. Keep up the awesome content! Thanks a million
Anyone playing the FTX MOVE contracts, watch your leverage. Those things get fat-fingered pretty often. Don't want to get liquidated off someone dropping a large position all at once. That said, I'm loving this new way to trade.
great video again, thank you ♡
Another great video on orderflow trading and it gets so many downvotes? Go back to your RSI MACD magic curves you noobs...
Haha thanks David for the great online tool!
That's when people do not understand how powerful order flow can be. I'm using tensorcharts since a few weeks for scalping and my profits almost doubled thanks to your tool and the strategies we are given here.
hi bennett, thank you very much for your informational video series. 🌸💫💖 i have one question: in your previous video, you had said that high counter ratio in consolidating periods might result in break-outs. however, in this video some examples have high counter ratio in a corrective market, but the wave returns to the other way. i'm talking about bnb example especially. this confuses me a lot. is it because the context matters or am i missing something here? thank you in advance.
Great video's and great content I just don't see why you talk 2020 in 2018. When trading short timeframes shouldn't someone focus on the daily direction bias as a maximum and not the extreme long term prospection for crypto?
Great video.
Do day traders spread their stakes across a wider range? i.e. Putting a small bid high up (high likelihood of getting filled), putting a higher bid lower down (medium fill chance), putting even larger bids further down (where it's unlikely to get filled). This is what I've been testing recently. Seems safer in case the market crashes in a short amount of time. I lose a small amount on the smaller stakes higher up, but I then make larger gains that cover those small losses with the big stake lower down as the market retraces.
That would be called laddering, and yes it is a good strategy to use to spread risk.
Great post, slowly gleaning more to ponder. You mention "Discord", what is that?--------Thanks again.
My chat channel where thousands of traders bounce ideas off of one another and share charts.
Great video thank you! Do you maybe use a VIX and combine It with other indicators? If you have time to answer thank you and best regards :D
You could add volatility to the mix, potentially ATR would work well.
Thank you very much...
Thanks Bennett
I cant figure out how to setup the counter ratio chart like that? On the trades counter you deselect all the graphs but then the counter ratio is empty here. How come?
counter ratio is n/a how to activate it or make it available
Go to the bottom right section of Tensorcharts.com and hit +new. Then type in 60 minutes on that new counter that pops up and hit the chart button on that tab that is near the x and disable the 5 minute counter (which is default) by hitting the x. Check out part 1 in this series if you need more help.
How do i get the counters ratio stats on trading view?
You can only get it on Tensorcharts.com
Bitcoin Trading Challenge Great. Any way to make the “bubbles or dots” more compact? When I use indicator the green and red are all spread apart up down and sideways. Unlike yours all in a nice line. Thank you!!
Use the 1H counters ratio (default is only 5M counters ratio).
Bitcoin Trading Challenge still have the same issue. No worries ! Thanks
Brent Goodale see part 1 for how you do it
Great video! as far as covering a short position would I be better off using a stop loss or a take profit as surely setting a stop above the current market price in order to cover the short would just cause it to execute immediately? or is it only when the price crosses the stop level? any advice would be appreciated. (trading on kraken/cyrptowatch)
If you go short, your buy stop would not be executed immediately if set above price. I would use stop losses in a similar manner to when you enter long positions.
you say periods with more buying, and more selling? how is this possible? For every sale there has to be a buyer and a seller, no?
market orders, got it.