How to recognize correct trading signals?

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Pattart on December 19, 2018, 10:41:13 PM

Agree will be better if you don't follow 100% signals even though you hear that from a trusted trader, you should use it as a comparison or reference to your own analysis, if your analysis is the same as the signal then you can use it..

Good idea indeed. If you keep your own analysis and also the analysis from the people who call themselves as "gurus" you will be able to project them for future and watch what happens. You will be able to follow up and keep track of the movements and which predictions actually came out correctly and which did not. This should give you an idea about which person is actually giving good advice and who is a shill of some shitcoin.

They dont need to be 100% correct because no analyst would be able to do that. But a close approximate is good enough.

Pattart

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Quote from: Yamifoud on December 13, 2018, 07:00:24 PM

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

You better learn of what you have experience today. Listening to signals isn't providing any good to you, nor it will give you a way to have a good market strategy. You better play your trades without them by analyzing the market chart.

Agree will be better if you don't follow 100% signals even though you hear that from a trusted trader, you should use it as a comparison or reference to your own analysis, if your analysis is the same as the signal then you can use it..

FSO

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

If you are trading, then there is nothing that will offer you 100% success that most are after. There are plenty of things that can create an edge and help, but if you are looking to trade and not just hold for long periods, then find an edge, accept small losses and look for big wins when they come (as you have said you have gotten in the past before they slipped away).

Zalura

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Quote from: superstarbtc on December 10, 2018, 10:46:51 AM

in the crypto market, it is difficult to follow any signal it is advisable to buy and hold cryptocurrencies coins and sell when the coin in profit in bear market mostly no crypto signal wont work

every trade has guidelines in trade, maybe we can see the current situation in various countries, if there is a strong signal that there will be a lot of bitcoin demand from big countries, then the possibility of bitcoin going up is high, but if demand decreases we can predict that exchange rates bitcoin will decline, something like that can be predicted by looking at the policies of major countries towards bitcoin, whether there are significant changes or not.

cryptojac17

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Having blockfolio monitoring is a good ways to handle signals in order to be part of the good trading guides. It serves as our reference for future trading and hold those trusted coins and sell when it rises at good value.

Finestream

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Quote from: LuvCyanide on December 19, 2018, 07:00:28 PM

To be able to see the right signals you need to understand the technical analysis. In 2 words it is difficult to tell about it. I took courses with a professional trader. That really helped me.

As long as you have enough knowledge on crypto trading,then recognizing correct trading signals is not that hard.Once the market is in long dump like we are facing at the moment,i believe it is not a good timing to trade because you will only end up making a little profit or worst,losing in the end.So focus more on the price chart and the daily movement of the crypto and not in fuds because it will only make you lose your investments.

kotajikikox

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

The secret and great strategy for trading job is giving a lot of time and focus the traget altcoins where to want to buy for possible increase their value at the coinmarketcap, do not depends your decision for the signals groups cryptocurrency is high volatility fluctuations that means high risk investment, signal group are very helpful but do not you need to analyst all possible ways avoid wring decisions.

LuvCyanide

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To be able to see the right signals you need to understand the technical analysis. In 2 words it is difficult to tell about it. I took courses with a professional trader. That really helped me.

Xardasim

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

It would be better for you to keep calm and wait. The signal given to you about the market can only be correct if you have a chance. Because there are not enough tools to perform fundamental or technical analysis. Only short term trades may be useful.

MFahad

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Its seems you are new in trading and willing to be perfect in this field. Although no one can tell exactly which is absolute high and bottom, but there are few indicators like RSI, Stock RSI, MCAD , Money flow and few others, if used with proper knowledge can give to good idea for the market next move.

GregH37

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Quote from: BlueStackz on December 15, 2018, 03:02:20 AM

Quote from: DarkBullet on December 10, 2018, 12:08:14 PM

What I usually do to confirm this trading signal is by comparing their chart to other's chart at tradingview.com. I also analyzing the fundamental results or cryptocurrency news if it will be a bad or good news. There are some patterns to be recognized what will be the next color of candle will appear and honestly, there are different kinds of trading patterns so it will be pretty confusing specially if the fundamental results doesn't match on the technical results. The safest thing to do is to not to set too much expectation of return of investment.

Trading signals are a complicated subject when it comes to crypto currencies. There are many signals that work really well when it comes to forex trading but doesn't really work on crypto. Do you want to know the difference? Well in forex when something looks like it worths a look and buying that thing usually is good for buying, except for major political stuff (which is all the time in some countries) the price is as stable as it gets and we are talking about trillions of dollars.

When it comes to bitcoin though, even if it looks too good to buy and all signals tell you to get more of it, some crazy person like Craig come up and sell half a billion dollar worth of bitcoin in one day and you will sit there holding a bag of coins that worth less. Hence bitcoin is more volatile and risky. That's why trading signals even though are great day trading deals usually fail on long term.

But I believe there will be no need of having any extra knowledge only for the reason of trading crypto currencies. It means generating trading signals will not be a complicated one just due to the reason of crypto currency trading. It is very much similar to any other trading. But, we need in-depth knowledge about different trading signals and analysis so that we can develop our own trading strategy.

But, any signal may get failed due to randomly changing news. It is always good to avoid trading during the news hours. Because, we cannot expect all the all the traders are following fundamentals but they will listen to news and they will make decisions based on the outcome of news. That is the reason most of the time the technical analysis is going wrong.

With respect to bitcoin trading, trading signals sometimes make get failed due to the heavy manipulations by whales. When some big whale's are changing the directions of the markets, we cannot do anything with our technical analysis. But at the end of the day, only fundamental and technical analysis will win hence we should plan for long term rather than short-term trading.

wolfafladina

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Quote from: Yamifoud on December 13, 2018, 07:00:24 PM

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

You better learn of what you have experience today. Listening to signals isn't providing any good to you, nor it will give you a way to have a good market strategy. You better play your trades without them by analyzing the market chart.

It is a good suggestion but for the expert traders and the new ones cannot get the market easily. They need the support and the training from the expert traders. They have to know about the experts from which they want to get the signals. Do not follow the anonymous signals only follow the well-known persons signals.

Cosbycoin

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

I don’t really know. Sometimes I feel like they are all fake. Most of the trading signals I have been seeing since I got into this are all fake. You put in your money and before you know it, it’s already a different story. Although I haven’t tried any paid signals before, but how do I know if they correct when the ones coming out for free are not even close to being accurate?. But I have seen a few of them that were accurate though.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: GrayFullbuster on December 15, 2018, 12:21:54 PM

You should be aware that there are many traders who losing their money because they are believing to the signals that they are seeing all over the internet. As a effective trader, we should not follow the trading signals that we are seeing in the internet.

Good to see that at least some members of this forum are still having a sane mind and reasoning to deal with fraud signals. Why would anyone share their insider news with anybody? They would use it for their own advantage only and keep the rest secret. Obviously these are scams and are preying on newbies who believe everything they see on the internet taking them for granted and sending their money to them.

Quote from: Kotone on December 16, 2018, 03:24:51 PM

Find the system that works for you. It's not just a winning combination that will be effective to everyone and if that would be the case many will use and if it's effective, how do you think it will look in the market for the same trade, it won't be that big of a profit or worse it will backfire. So it's really based on your testing and a whole lot of them to master a system that you can use to many trades.

This is not what we are talking about in this thread. Still TA is what we should be aware of but taken with a grain of salt. Not all the analysis should be used because a lot of it is baised based on the person doing it.

Kotone

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Find the system that works for you. It's not just a winning combination that will be effective to everyone and if that would be the case many will use and if it's effective, how do you think it will look in the market for the same trade, it won't be that big of a profit or worse it will backfire. So it's really based on your testing and a whole lot of them to master a system that you can use to many trades.

GrayFullbuster

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

You should be aware that there are many traders who losing their money because they are believing to the signals that they are seeing all over the internet. As a effective trader, we should not follow the trading signals that we are seeing in the internet.

Babyrica0226

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In recognizing the correct trading signals is too hard to determine mate. Even no matter how many members will give a tips of advise about it,

you won't get understand so easily, it is much more better to explore it by your own experience in making trade when you do it in the actual

activity in the platform.

D3m1r4wanti

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the analysis has become a discussion that I read in this forum but actually I don't believe in an analysis that has no reason, which I know is a bear market and we all never know when a bull run market will occur.

BlueStackz

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Quote from: DarkBullet on December 10, 2018, 12:08:14 PM

What I usually do to confirm this trading signal is by comparing their chart to other's chart at tradingview.com. I also analyzing the fundamental results or cryptocurrency news if it will be a bad or good news. There are some patterns to be recognized what will be the next color of candle will appear and honestly, there are different kinds of trading patterns so it will be pretty confusing specially if the fundamental results doesn't match on the technical results. The safest thing to do is to not to set too much expectation of return of investment.

Trading signals are a complicated subject when it comes to crypto currencies. There are many signals that work really well when it comes to forex trading but doesn't really work on crypto. Do you want to know the difference? Well in forex when something looks like it worths a look and buying that thing usually is good for buying, except for major political stuff (which is all the time in some countries) the price is as stable as it gets and we are talking about trillions of dollars.

When it comes to bitcoin though, even if it looks too good to buy and all signals tell you to get more of it, some crazy person like Craig come up and sell half a billion dollar worth of bitcoin in one day and you will sit there holding a bag of coins that worth less. Hence bitcoin is more volatile and risky. That's why trading signals even though are great day trading deals usually fail on long term.

nydiacaskey01

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Parabolic SAR and Relative Strength Index or RSI will just give you an idea where the price is heading based the average according to the settings like hourly or every 15 minutes to 30 minutes but still it's not going to give you a precise signal that its time to Buy or Sell. It will depend on the market condition.

Yamifoud

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

You better learn of what you have experience today. Listening to signals isn't providing any good to you, nor it will give you a way to have a good market strategy. You better play your trades without them by analyzing the market chart.

Lanatsa

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Just stick out on your previous ways on earning yet as you said you do able to earn some extra btc by just having that basic thing of trading.
Buy low Sell high. as long you can sustain this way then you are doing good. Don't chase up for more profits and worrying yourself that you do able to miss
the sell or buy opportunities. Just do your work and as long it give greens then I don't see any reason to seek for more.

eaglewhite80

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Most times, when it comes to trend changes, the best way is a combination of price action as well as some mmomentum indicators and all these will have to do with your knowledge and what you are comfortable with. Basically for me, I make use of Stoch RSI, MAs, and price action to make my decisions, but of course, what works for me may not work for you as all these is dependent on your strategy as well as ability to make a plan before hitting a trading position and it is good to always remember that TA is not some voodoo shit that will tell you exactly what the future holds. You just gotta have a plan, which must always include stopping losses as the case may be in any of your trade.

b3llsf1l3s

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

never believe in such signals, most of which are not real, testimonies from such channels are only fake, even in a severe market like now, I'm not sure all who have joined the signal channel get the same profit

Jahmal32

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Well, you can only do that in time. But again, no one is immune to false signals. In any case, you will have to sacrifice something, as the risks are always present. Even experienced players get into losing positions, but are insured by stop orders. But in the future, with one good trade, they just cover all the losses and come out in a plus. The main thing is not to miss such opportunities.

Theb

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Well the basics for this is to either identify the bullish and bearish confirmations on their charts. Any by confirmations I mean the supporting candlesticks for that said reversal or pivot point. You need to keep an eye out for the next candle it could either be a gap up/down, or a long candlestick supported with a rising volume both of which can be considered for either bullish/bearish reversals. This is more accurate when you are looking at a long-term chart not ranging from 5-10 minute charts which is usually being used by day traders in the market, you should look at least its daily charts if you are really looking for a reversal.

Savemore

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Do not believe to the trading signals that you can see in the internet because most of them are not true and the source is not reliable. It is really better if we will only trust ourselves for us to avoid loss.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: MFahad on December 12, 2018, 12:40:41 AM

No signal can be 100% correct. You should have a basic knowledge of TA in order to analysis the signals. We should not rely on the signals of groups, rather it is best to study the Technical analysis and then compare the signal with it. Then invest in the best coins from our own research.

That is a good advice but do remember that most of the TA is often done by altcoin shills who are trying to pump their shitcoins for you to get trapped like a bulltrap. Now its difficult to get unbiased information so everything you see and hear on the internet pertaining to crypto should be taken with a grain of salt. You dont want to fall for a bulltrap with a shitcoin in hand and have nowhere to sell it to when the actually handler sold away their coins dropping the price.

In this context comes the undeniable proof that doing your own research is the best way to invest while having a sane mind and proper understanding of how things work will help.

lenovop-70

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Not really found best answer in this discussion thread, but i think more time we do trade, will be more knowledge about signal to buy or sell, so i have advice to myself, never surrender no matter they cost, stay alert with market, what we get is definitely worth our effort. so keep it up my friend.

haroldtee

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Quote from: Infinixhot1996 on December 07, 2018, 03:20:17 PM

Most supposed trading signals are false as the market remains unpredictable,you could try to establish a signal but definitely it'll only be based on your individual speculations and not 100% correct.
So it's better to study the market yourself and get to look for little patterns if theirs any

Anyone telling you about any trading signals is just based on his or her own observations,so establish yours

A lot of people always tend to see trading signal as false because they think market should be predictable. That is the idea, market is never predictable, you are only trying to anticipate the possibilities of a trend changing and trying to take advantage of it, otherwise, if the indicators are meant to give you 100% correct predictions, there would be no need for stop loss. It all depends on your strategy, how you approach the market, your trading plan as all these are important and of course, without some indicators or at least some price action to be able to put your strategy in place, how will you then have a strategy? Think about it!

NathanJB

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Trading signals are like gambling guides. They could turn out right or wrong. They could turn out helpful or not. The only way to know whether the signal is right or wrong is the result of your trades. If the next candle corresponded to your analysis then such analysis is right but when it did not then it was wrong. At the end of the day, the movements of the lines in the charts are basically unpredictable.

Sadlife

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Trading signals differ from each individual trader and most of the tools use is not completely accurate after all they are just speculation to begin with and to help lower the risk of your investment. I can only say try to learn and research the patterns and in time build your own strategy to recognize when to buy or sell. In the end no one is perfect and we all make mistakes so those suggestions of trading signals might be wrong.

MFahad

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Quote from: emberbekas on December 10, 2018, 12:51:08 PM

Many factors can affect the price movement on the market. And of course we will not be forever able to know which is the correct signal which isn't. Luck also plays a big role in the trade of crypto currencies. At current state, I may wait for the price of bitcoin to hit $4k again. I think, if the price will hit such number, that means the bull is on the way.

No signal can be 100% correct. You should have a basic knowledge of TA in order to analysis the signals. We should not rely on the signals of groups, rather it is best to study the Technical analysis and then compare the signal with it. Then invest in the best coins from our own research.

Robertqueen2

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In order to know the correct trading signals, you should first identify if this positive reversal is a correction reversal or a rally one. One method to recognize such signs is when the market successively reach new highs.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: DarkBullet on December 10, 2018, 12:08:14 PM

What I usually do to confirm this trading signal is by comparing their chart to other's chart at tradingview.com.

If you get getting some points on a chart from some other source, its better to throw that chart away because those are pump and dump groups only. Better do your own work analyzing the charts.

Quote

I also analyzing the fundamental results or cryptocurrency news if it will be a bad or good news.

There are a lot of crypto related news happening everyday but not every one of those have am impact. The weightage of news is often exaggerated. Embarrassed

Quote

There are some patterns to be recognized what will be the next color of candle will appear and honestly, there are different kinds of trading patterns so it will be pretty confusing specially if the fundamental results doesn't match on the technical results. The safest thing to do is to not to set too much expectation of return of investment.

You could just play the hodl game and stock up at the low prices and then go to sleep setting the alarm clock at the price you want to sell. This wont work for those who are day-trading.

1Referee

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Quote from: emberbekas on December 10, 2018, 12:51:08 PM

At current state, I may wait for the price of bitcoin to hit $4k again. I think, if the price will hit such number, that means the bull is on the way.

That's way too soon. I will only start to believe that the bottom is in once we conveniently break the yearly support that kept us above $5800 for such a long period of time, and stay above it. Don't forget that support levels turn resistance levels once broken through.

The thing is that the market has a bias towards being extremely bearish during Q1 of each year, which is why I don't expect the current month to yield anything of positive nature. Every increase that we have seen so far is shallow and doesn't signal any sort of confidence. It also doesn't help that the volumes drop rather quickly where we are right now.

Don't ever underestimate this market. $6000 was low people here were echoing. It can always go lower as we see, the same applies to current levels.

nicolas1979

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

I believe all depend your experience, more longer practice will make you understand market trend ( direction ). Indicator only follow market data and all calculation is prediction, specially about news. Not many people like with practice ( demo account ) but believe or not it will not waste your time because you already know in which point take the action.

kamudd

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for most people it is the most difficult thing in trading, which is determining the right time. Personally I also experienced difficulties and always took the wrong position to buy, but even so I never believed in signals because many of them only used to take advantage of all members or customers.

ATMD

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Quote from: supermine on December 08, 2018, 09:01:10 AM

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

The answer is no,no one can find out when the market is going bearish or bullish you may pick the signals based on the technical analysis but still it is not going to happen for sure so just believe in your luck and start buying now.

I thought about observing the trends in technical analysis too but like you said, it is not certain.

emberbekas

legendary

Activity: 1904

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Many factors can affect the price movement on the market. And of course we will not be forever able to know which is the correct signal which isn't. Luck also plays a big role in the trade of crypto currencies. At current state, I may wait for the price of bitcoin to hit $4k again. I think, if the price will hit such number, that means the bull is on the way.

DarkBullet

member

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What I usually do to confirm this trading signal is by comparing their chart to other's chart at tradingview.com. I also analyzing the fundamental results or cryptocurrency news if it will be a bad or good news. There are some patterns to be recognized what will be the next color of candle will appear and honestly, there are different kinds of trading patterns so it will be pretty confusing specially if the fundamental results doesn't match on the technical results. The safest thing to do is to not to set too much expectation of return of investment.

Idrisu

sr. member

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All the signals are not reliable and it takes strong mind for one to really make money from this market. I think the candlestick formations are the best and a bit reable signal one can find in trading. Though candlesticks formation are not 100% realible.

superstarbtc

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in the crypto market, it is difficult to follow any signal it is advisable to buy and hold cryptocurrencies coins and sell when the coin in profit in bear market mostly no crypto signal wont work

Gozie51

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Na na... It will surely help you if you keep working it out. Every indicator has nice potential especially the ones that will direct you on the trend. There are all there in your trading platform. However, no signal is perfect.

Quote from: Infinixhot1996 on December 07, 2018, 03:20:17 PM

Anyone telling you about any trading signals is just based on his or her own observations,so establish yours

Exactly what it is bro.

iamverybusyperson

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

I subscribed to some telegram channels so then they post something about current trading situations at the market i made some decisions.

TheUltraElite

legendary

Activity: 2898

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So anyway, I applied as a merit source :)

Quote from: gamer4156 on December 08, 2018, 05:54:50 AM

I use to listen my brain after doing some research.

I am surprised that your brain is so skilled that doing some research yields huge results. Cheesy

Quote

But mostly I use to set a target for every crypto currency. I do not set big targets. If I am getting some profit then I use to sell my investment.

When was the last time you sold some coins? In this year we havent had much opportunities to sell except those who dumped after having bought at all time high - obviously at a loss.

Quote

Whenever I have some spare money then I use to by some currencies after visiting some blogs and getting some facts sheets about that crypto currency.

So you dont do your own research but depend on others to do it for you and you just follow them. Nice way to lose money actually. Roll Eyes

Quote

From every trader I use to learn something.

I wonder if these traders are even real or just altcoin shills.

bravehearth0319

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Using indicators is making us a fool as a traders dude in my assessment on this, however, when you are in the actual market platform always look or check the highest buy support or lowest sell wall with this I think it will give you anyhow or idea about on which things for you need to do
the right things. Actually, reading the candle stick is a big help for you to understand the situation in the platform exchange anyway.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

I doubt any of us can really see a trading signal in this market.
Any signals and indicators that we are accustomed to in trading world does not really work around here.

It is more about the sudden changes because of news and manipulations by whales than just signals to be honest. I think the problem in our crypto economy is that it is too volatile and I don't know if that is because its unregulated but there is a big epidemic of swings that can make or break someones life in bitcoin.

Considering the prices can move this quickly from one way to another I don't think any successful trader can make too many right decisions in a row, maybe couple but after a while it becomes unpredictable and starts to go down. During the 6500 to 5000 time a month ago the price break all RSI records it ever had and became so low, nobody could ever anticipated it.

Lazada

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

There is nothing predictable in the world of trading. Everything can happen so quickly. So don't ever convince yourself on a coin. Do various analyzes and see how the market moves. You need time and you also need data to be able to try to observe price movements. In the world of trading and the crypto world is a very unique thing, many wonders and we will have difficulty in determining how the decisions we will make.

supermine

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

The answer is no,no one can find out when the market is going bearish or bullish you may pick the signals based on the technical analysis but still it is not going to happen for sure so just believe in your luck and start buying now.

charlotte04

full member

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Well, it is not that bad to find a good signals for your trades, but I guess it is more convenient to find a good strategy for your trading.

gamer4156

sr. member

Activity: 1008

Merit: 250

I use to listen my brain after doing some research. But mostly I use to set a target for every crypto currency. I do not set big targets. If I am getting some profit then I use to sell my investment. Whenever I have some spare money then I use to by some currencies after visiting some blogs and getting some facts sheets about that crypto currency. From every trader I use to learn something.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Do you have any strategy how to recognize signals when market changes from bear to bull?

Other than following market metrics on some internet sites or apps there is nothing more you can do. Its important to also analyse the market on a daily basis yourself than wait for evening recaps done by so-called analysts (that is shill pumping youtubers)

Quote

I earned now some extra btc coins by selling on higher price and buying at lower.

Everyone here is now jealous that you revealed it. Cheesy

Quote

But i am weak to see when market is changing to grow.

There is no straight answer to when it happens. Do your own research.

Quote

Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Be careful of telegram pump and dump groups. They are pumping their own shitcoins and dumping when you are told to buy. Also they will try to scam you by fake memberships and all. Stay away from those.

Learn how to do TA yourself - but this is not everybody's cup of tea.

Baofeng

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Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

To be honest, its really hard to see when the price will go from bear to bull. I'm sure that no one in this community can perfectly predict it even TA won't help at all. So don't be hard on yourself, everyone here make mistakes so absolutely there's no need to blame yourself if your weak in seeing signals.

But I will warn you not to join those signal groups because they will just artificially pump some coins. But if you're looking at bitcoin, I'd say that you just need to constantly monitor the market and the sentiments of people here in the forum, it might help you in making the tough decisions to enter and purchase or sell your stash, just saying.

butka

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Quote from: Indrawan77 on December 07, 2018, 07:04:14 PM

you can't predict with only using one indicator

You are right. You have to combine several indicators to make a profitable trading system. But my point was that the usual indicators everyone is using are almost useless in predicting the trend, or reversal. In addition, even though the crypto is decentralized, trading isn't. The majority of volume on the large exchanges is still comprised of smart money investments that drive the market any way they want.

Indrawan77

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Quote from: butka on December 07, 2018, 04:14:39 PM

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Welcome to the club. I would also like to know what is the best indicator that gives reversal signals in a reliable way. Most of the indicators you can find out there and most of the indicators everybody is using give false signals. A good indicator is worth pure gold, and if there is one no one is going to share it for free. And a good indicator certainly is not among the popular ones that the so-called experts use all the time and promote all the time.

Moreover, smart money knows that the retail traders are using these popular indicators. What they do is use these indicators against them and steal their money.

Indicators are only speculation based on bunch of data, it could not predict 100%, you can used several indicators to confirm the reversal, but since crypto is decentralised, it will be more difficult to predict the reversal, you will know when the market turnover when you got experience combine with bunch of indicators, you can't predict with only using one indicator

greeklogos

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You need to look at the whole picture in perspective. Take all bitcoin's results from the most beginning, mark all tops and downs, how long it was going and so on. By this model you can make an approximately construction of every bull and bear. So, you can take it as the base for future predictions. Yes, it asks work, but I'm sure it worth to be done to be able to predict the market.

harizen

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For support ➡️ help.bc.game

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

That's how unpredictable crypto market is. Signals and indicators are only guide but the outcome is unknown. If that is always predictable then no such things as loss. Yes there are lots of traders who became successful using signals but that's not the only thing they relied why they won. There are lots of reference to be consider aside from signals that can increase winning rates especially for short trades (and of course it will depend on what coin/token it is).

All predictions, analyzations, chart readings are bound to be spoiled once a certain trend crashed it. That's how volatile crypto market is and we need to deal on it.

butka

full member

Activity: 434

Merit: 246

Quote from: Stilicho on December 07, 2018, 02:41:56 PM

I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Welcome to the club. I would also like to know what is the best indicator that gives reversal signals in a reliable way. Most of the indicators you can find out there and most of the indicators everybody is using give false signals. A good indicator is worth pure gold, and if there is one no one is going to share it for free. And a good indicator certainly is not among the popular ones that the so-called experts use all the time and promote all the time.

Moreover, smart money knows that the retail traders are using these popular indicators. What they do is use these indicators against them and steal their money.

Infinixhot1996

jr. member

Activity: 98

Merit: 2

Most supposed trading signals are false as the market remains unpredictable,you could try to establish a signal but definitely it'll only be based on your individual speculations and not 100% correct.
So it's better to study the market yourself and get to look for little patterns if theirs any

Anyone telling you about any trading signals is just based on his or her own observations,so establish yours

Stilicho

newbie

Activity: 13

Merit: 0

Hi all,

Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.

Topic: How to recognize correct trading signals? (Read 662 times)