LIVEGOKU_CRYPTO
@btc_eye
https://twitter.com/btc_eye. In this market for 2.5 years now. scalping btc for fun. hopefully you will find a great value in my content.
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Amazing trading day today
2 trades 7r booked
3r on short
4r on long
$btc is the hero
Amazing PA
#btcâŻâŻâŻ
2 trades 7r booked
3r on short
4r on long
$btc is the hero
Amazing PA
#btcâŻâŻâŻ
GOKU'S TRADING MASTERCLASS 1
HORIZONTAL LEVELS(SUPPORT & RESISTANCE)
HORIZONTAL LEVELS(SUPPORT & RESISTANCE)
LIVEGOKU_CRYPTO
--
1. HORIZONTAL LEVELS
Horizontal levels that is classic support and resistance.
Although this is not purely algorithmic concept but it works well.
Look at these 3 charts and these 3 levels.
How well price respects these levels.
đšwe are not looking to enter in trades at these levels.
We are looking for confluences to take trades.
>basic idea is to identify levels at which price has reversed in past.
>price tends to react at some specific levels and our aim is to use those levels as a confluence to our trading setups.
âąThese levels should be used and drawn only on htf.
âąWorks best on 1day and 4hr time frame.
âąNot wise to draw these levels below 4hr time frame.
â HOW TO IDENTIFY THESE KEY LEVELS
>we start with 1day timeframe for macro perspective and then move on to 4hr and 1hr.
> look for levels at which price has reversed twice or more times in past.
>shortcut:- use line chart instead of bars for easy identification
â INCREASE PROBABILITY OF LEVELS
>to increase probability of reactions at these levels look to draw a box around these key levels and tag all nearby wicks with that particular box.
>use these htf levels and look for htf+ltf reversals at these levels to trade.
â IMPORTANT NOTES
1. these levels wont always work
use them as confluence to increase probability of winning
2. these levels will work best on htf(1day 4hr)
will work for 1 hr as well but i wont suggest using in below 1hr time frame
3. look for atleast 2 tags on a certain level.
4. as retail logic or basic ta always suggest
support turns into resistance and vice versa
i personally wont advice you to trade on breakouts
5.confluece to look out for with s/r
-trendlines, -monday range, -frvp, fibs
6.width of box would increase as you move on smaller timeframe which means that the level range is big at which we are expecting a reversal thats why i suggest to use them as confluence and not to trade.
Although this is not purely algorithmic concept but it works well.
Look at these 3 charts and these 3 levels.
How well price respects these levels.
đšwe are not looking to enter in trades at these levels.
We are looking for confluences to take trades.
>basic idea is to identify levels at which price has reversed in past.
>price tends to react at some specific levels and our aim is to use those levels as a confluence to our trading setups.
âąThese levels should be used and drawn only on htf.
âąWorks best on 1day and 4hr time frame.
âąNot wise to draw these levels below 4hr time frame.
â HOW TO IDENTIFY THESE KEY LEVELS
>we start with 1day timeframe for macro perspective and then move on to 4hr and 1hr.
> look for levels at which price has reversed twice or more times in past.
>shortcut:- use line chart instead of bars for easy identification
â INCREASE PROBABILITY OF LEVELS
>to increase probability of reactions at these levels look to draw a box around these key levels and tag all nearby wicks with that particular box.
>use these htf levels and look for htf+ltf reversals at these levels to trade.
â IMPORTANT NOTES
1. these levels wont always work
use them as confluence to increase probability of winning
2. these levels will work best on htf(1day 4hr)
will work for 1 hr as well but i wont suggest using in below 1hr time frame
3. look for atleast 2 tags on a certain level.
4. as retail logic or basic ta always suggest
support turns into resistance and vice versa
i personally wont advice you to trade on breakouts
5.confluece to look out for with s/r
-trendlines, -monday range, -frvp, fibs
6.width of box would increase as you move on smaller timeframe which means that the level range is big at which we are expecting a reversal thats why i suggest to use them as confluence and not to trade.
scalping >> swing trading
fast executions
higher rr
tonnes of opportunities
invest your time to learn this skill
fast executions
higher rr
tonnes of opportunities
invest your time to learn this skill
LIVEGOKU_CRYPTO
--
caught both big moves on $btc yesterday
bottomâ (4r)
topâ (4r)
thats how scalping is done #btcâŻâŻâŻ
bottomâ (4r)
topâ (4r)
thats how scalping is done #btcâŻâŻâŻ
caught both big moves on $btc yesterday
bottomâ (4r)
topâ (4r)
thats how scalping is done #btcâŻâŻâŻ
bottomâ (4r)
topâ (4r)
thats how scalping is done #btcâŻâŻâŻ
3. MARKET STRUCTURE
â Most important concept among all.
âąA trader will be profitable if he reads market structure correctly.
Setups wont matter if you are able to read structure correctly
âVery important concept this
You may have heard price is fractal
That is true but how do we use that.
âąIF WE HAVE HTF BULLISH ORDERFLOW THEN WE LOOK TO HOLD LONGS ON LTF AND SCALP SHORTS.
IF WE HAVE HTF BEARISH OF THEN WE LOOK TO HOLD SHORTS ON LTF AND SCALP LONG.
Taking recent pa for example
âąHERE HTF IS BULLISH
and as you can see my ltf longs gave nice profits.
âąhere htf is 4h
Ltf is 15m though execution was on 5m.
âąHere is eth for example
To have some variety in example Htf in this is 1hr Ltf is 3m Execution is 1m
â IMPORTANT NOTES
1. Htf is what we use to have bias
Ltf is for execution
2. We can trade against bias but i prefer scalps only.
If we are going with bias then we can hold trades for linger and use higher margins.
â HOW TO SPOT A MARKET STRUCTURE TREND OR MARKET STRUCTURE BREAK
âąTo shift bullish market structure to bearish i.e.. bearish market structure break.
We have to use higher low which took place just before the last higher high.
Watch this example to understand it better
The red line is the prominent higher low before higher high.
âȘïžExample
Look at this example
âąMarket shifts to bearish only when we break a low which have higher high next to it.
âąmarket shifts to bullish when we break a high having lower low next to it.
đšMSB IS CONSIDERED ONLY IF WE HAVE A CANDLE CLOSE WICKS NOT ALLOWED. WICKS CLOSE ON HTF IS SWING FAILURE PATTERN
âąA trader will be profitable if he reads market structure correctly.
Setups wont matter if you are able to read structure correctly
âVery important concept this
You may have heard price is fractal
That is true but how do we use that.
âąIF WE HAVE HTF BULLISH ORDERFLOW THEN WE LOOK TO HOLD LONGS ON LTF AND SCALP SHORTS.
IF WE HAVE HTF BEARISH OF THEN WE LOOK TO HOLD SHORTS ON LTF AND SCALP LONG.
Taking recent pa for example
âąHERE HTF IS BULLISH
and as you can see my ltf longs gave nice profits.
âąhere htf is 4h
Ltf is 15m though execution was on 5m.
âąHere is eth for example
To have some variety in example Htf in this is 1hr Ltf is 3m Execution is 1m
â IMPORTANT NOTES
1. Htf is what we use to have bias
Ltf is for execution
2. We can trade against bias but i prefer scalps only.
If we are going with bias then we can hold trades for linger and use higher margins.
â HOW TO SPOT A MARKET STRUCTURE TREND OR MARKET STRUCTURE BREAK
âąTo shift bullish market structure to bearish i.e.. bearish market structure break.
We have to use higher low which took place just before the last higher high.
Watch this example to understand it better
The red line is the prominent higher low before higher high.
âȘïžExample
Look at this example
âąMarket shifts to bearish only when we break a low which have higher high next to it.
âąmarket shifts to bullish when we break a high having lower low next to it.
đšMSB IS CONSIDERED ONLY IF WE HAVE A CANDLE CLOSE WICKS NOT ALLOWED. WICKS CLOSE ON HTF IS SWING FAILURE PATTERN
That is how i operate
catching 1m tops and bottoms for fun on $btc
and yes my students catch these trades as well
#btcâŻâŻâŻ
catching 1m tops and bottoms for fun on $btc
and yes my students catch these trades as well
#btcâŻâŻâŻ
$btc trade breakdown
-->4hr bullish orderflow + retracement is discount
-->inducement taken out at ny open
--> entry at msb tp at highs
possible 25r
booked 7.5r
#btcâŻâŻâŻ
-->4hr bullish orderflow + retracement is discount
-->inducement taken out at ny open
--> entry at msb tp at highs
possible 25r
booked 7.5r
#btcâŻâŻâŻ
$btc trade breakdown
-->overall bearish orderflow + 4hr sfp confirming the trend
-->retracement in premium and we look to go short
-->1hr sfp(liquidity sweep) as first trigger
-->entry after msb and it did 10r again
#btcâŻâŻâŻ
-->overall bearish orderflow + 4hr sfp confirming the trend
-->retracement in premium and we look to go short
-->1hr sfp(liquidity sweep) as first trigger
-->entry after msb and it did 10r again
#btcâŻâŻâŻ
This rejection is not looking good.
This is basically the high we made right after that dump and often these rejection gets continued in form of a dump.
No msb yet no giga long for now.
Although i caught 1r while shorting from this high got out really fast as going to bed.
#btcâŻâŻâŻ
This is basically the high we made right after that dump and often these rejection gets continued in form of a dump.
No msb yet no giga long for now.
Although i caught 1r while shorting from this high got out really fast as going to bed.
#btcâŻâŻâŻ
LIVEGOKU_CRYPTO
--
if we get a 4hr msb i will go giga long on #btcâŻâŻâŻ
i rarely share any such levels.
upto you if you take it seriously or not.
i rarely share any such levels.
upto you if you take it seriously or not.
if we get a 4hr msb i will go giga long on #btcâŻâŻâŻ
i rarely share any such levels.
upto you if you take it seriously or not.
i rarely share any such levels.
upto you if you take it seriously or not.
$btc TRADE BREAKDOWN
-violent news dumps mostly get recovered.
-htf ssl and pd low out
-entry in bpr+inducement
like follow retweet for more such content
hopefully this will help you guys #btc
-violent news dumps mostly get recovered.
-htf ssl and pd low out
-entry in bpr+inducement
like follow retweet for more such content
hopefully this will help you guys #btc
GOKU'S TRADING MASTERCLASS 2
TRENDLINE & LIQUIDITY
click on he link above to learn more.
TRENDLINE & LIQUIDITY
click on he link above to learn more.
2. TRENDLINE AND LIQUIDITY
â WHAT TRENDLINE IS FOR ME.
âąyou may have used trendline when you started your trading journey.
everyone does that and usually starts with breakout trading and eventually fails cause there are tonnes of fakeout and its almost impossible to be profitable.
âąi personally use trendlines to mark out liquidity that too on 15m timeframe.
âąwe wont use trendlines as support and resistances.
We will be marking highs and lows in slope and they will act as liquidity for us.
âthese trendlines and curvelines are great example of liquidity.
These red dot are highs and lows(fractals where liquidity is)
âąthose arrows are price movements which took out those liquidity.
â WHAT TO LOOK FOR
âąwhenever price is accumulating with a slope and we spot some fractals(highs and lows) at slope then we have a great confluence for movement of price in that particular direction to take out that accumulated liquidity.
âąyou may have used trendline when you started your trading journey.
everyone does that and usually starts with breakout trading and eventually fails cause there are tonnes of fakeout and its almost impossible to be profitable.
âąi personally use trendlines to mark out liquidity that too on 15m timeframe.
âąwe wont use trendlines as support and resistances.
We will be marking highs and lows in slope and they will act as liquidity for us.
âthese trendlines and curvelines are great example of liquidity.
These red dot are highs and lows(fractals where liquidity is)
âąthose arrows are price movements which took out those liquidity.
â WHAT TO LOOK FOR
âąwhenever price is accumulating with a slope and we spot some fractals(highs and lows) at slope then we have a great confluence for movement of price in that particular direction to take out that accumulated liquidity.
second $btc short
TRADE BREAKDOWN
same reasonings as of previous trades
1h fvg + 1m sweep
msb entry
#btcâŻâŻâŻ
TRADE BREAKDOWN
same reasonings as of previous trades
1h fvg + 1m sweep
msb entry
#btcâŻâŻâŻ
LIVEGOKU_CRYPTO
--
$btc short
TRADE BREAKDOWN
1hr fvg + 1m liquidity sweep
fractal msb entry
#btcâŻâŻâŻ
TRADE BREAKDOWN
1hr fvg + 1m liquidity sweep
fractal msb entry
#btcâŻâŻâŻ
$btc short
TRADE BREAKDOWN
1hr fvg + 1m liquidity sweep
fractal msb entry
#btcâŻâŻâŻ
TRADE BREAKDOWN
1hr fvg + 1m liquidity sweep
fractal msb entry
#btcâŻâŻâŻ
Here is updated chart
price rejected from my level nicely and now at support level.
this is just start
follow like for more such charts and trades.
price rejected from my level nicely and now at support level.
this is just start
follow like for more such charts and trades.
LIVEGOKU_CRYPTO
--
last level of resistance before new highs.
sfp rejection can dump price bad.
if we somehow flip the level new highs will be there.
#btc
sfp rejection can dump price bad.
if we somehow flip the level new highs will be there.
#btc
here is the rejection after sfp
levels do work, but we cant go blind short or long on levels.
we need setups to make enhance our trades.
i am sharing educational content as well do check it out.
levels do work, but we cant go blind short or long on levels.
we need setups to make enhance our trades.
i am sharing educational content as well do check it out.
LIVEGOKU_CRYPTO
--
last level of resistance before new highs.
sfp rejection can dump price bad.
if we somehow flip the level new highs will be there.
#btc
sfp rejection can dump price bad.
if we somehow flip the level new highs will be there.
#btc
last level of resistance before new highs.
sfp rejection can dump price bad.
if we somehow flip the level new highs will be there.
#btc
sfp rejection can dump price bad.
if we somehow flip the level new highs will be there.
#btc
