1.) In crypto, just swap banks with large players. The same concepts apply to the way the market moves. Large players need extra liquidity to get a good price and large players do indeed move the market.
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Replying to @TheYoungMorph @bulltrapped and
Some ICT stuff isn't applicable of course but the core concepts of the way large entities need to seek liquidity make sense for all markets imo.
2 replies 1 retweet 14 likes -
Replying to @TheYoungMorph @bulltrapped and
Agreed the core concept of price following liquidity I agree with however a lot of the nuances like kill zones I believe are just noise. I think about this a lot and try to use trading concepts I can logically understand why they work
1 reply 1 retweet 8 likes -
Replying to @coin_signals @TheYoungMorph and
Would recommend traders learn supply and demand over ict tactics. In the end bitcoin is a relatively very young and low volume asset, so a lot of what we trade on is likely just noise
1 reply 0 retweets 10 likes -
Replying to @coin_signals @TheYoungMorph and
I agree with part of this. That said, don't completely discount time in price and crypto. It does work when applied properly.
@PonziRibz for the analysis.pic.twitter.com/0PBFX8R0NI
3 replies 5 retweets 19 likes -
Replying to @Tradermayne @coin_signals and
There's not really any empirical data that can prove why orderblocks and previous horizontal levels work. Just because something seems to work doesn't mean that it's the true underlying reason it works (not even mentioning luck/probabilities/noise).
1 reply 0 retweets 18 likes -
Replying to @AureliusBTC @Tradermayne and
In general, retail across all markets focuses way too much on TA, but especially in crypto where it's a self-reinforcing self-fulfilling prophecy.
2 replies 1 retweet 17 likes -
Replying to @AureliusBTC @Tradermayne and
haha listen bro you must be new here price is algorithmic instityooshonal I spent 10 years fighting the interbank price delivery algorithm on various mountain tops, I *know how it behaves*, mkay kiddo? judas run the stops north korea killzone ote breaker box mentorship bye
4 replies 7 retweets 76 likes -
Replying to @CryptoCred @AureliusBTC and
No need to loose your patience dude.. Keep that conversation constructive instead
2 replies 0 retweets 1 like
Cut him some slack. He hasn't bagged his 25 pips of the week yet.
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