Hope this educational content will help you make a better use of the indicators. Remember that these rules are just ground rules. Positions sizes and stops positionning will depend on your own risk profile. This is up to you to find your comfort zone on these parameters. Indicators used in this video are : PRO Sinewave & PRO Momentum
Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
Hey Phil, when you said "wait for triangles" around 9mins, are you referring to the triangle added by Sinewave or a triangle formation made by the trading line of BTCUSD?
PRO_Indicators
⋅
@monkia, I'm refering to Sinewave's triangle of course ! But when you have technical questions like that > Ask me via private messages here or in Discord ;) I'm here to answer technical questions and provide support when you have doubts like that.
stevegong
⋅
I have just started following this author and finding his work very educational.
the only gripe I have is that when some readers like below who have asked a reasonable question with 15 likes on it, I find it very disheartening or maybe a better term to describe would be disappointed when the author and author's dont follow up on their posts to see if there is something worth replying to.
Before you all flame me, I have the utmost respect and appreciation to all the hard work they all put into it. I honestly do.
But please guys and girls (hard working authors) can you just have a quick read and reply please.
You all ask us to vote, and I do and some others, and you ask us to make comments.
So with all respect, could you guys please if possible, respond to the sincere questions asked ?
Mr Pro_indicators, this is not just directed at you, but just happened the straw that broke the camel's back to say.
Ill also mention it to other authors that I come across.
Its not going to make me popular but I say it as I see it and do so with the utmost respect.
Thank you for your time and effort as I hope I haven't offended you,just requesting sir.
Kind regards.
dualmass
⋅
Phil's Indicators are top notch, AND should not be consider fail proof, NO Indicator is 100%, Using his indicators along with you own study and it will surely help YOU make better decisions.
I for one think he is a good guy for sharing his knowledge and am grateful
Looking for perfect Buy and Sell signals? not sure your gonna ever find that
thanks Phil
custom_drake
⋅
Hey I don't see SELL and BUY words in sinewave indicator, maybe some bug or mistake?
xSimone
⋅
We're on a pattern, pretty easy to predict where Bitcoin is going. We're about to go back to 7400 then go down below 6500
Cryptophagus
⋅
Thank you for the video! I had a question likely related to @monkia comment below: when you describe the example trade at the end of the video, the entry point seems clear with the break below the previous high, but perhaps you could clarify why close at 12k? I'd be more likely to take profit at the previous low/support at 13k, especially if I saw price starting to climb again. Looks to be nice, safe place to take decent profit to me. Thoughts? Cheers!
engshad.shady
⋅
thank you very much keep it on help us and share knowledge
w8lifts
⋅
Thanks, that was informative, liked and followed
tenderjohn
⋅
I think we will go up to 10k (MAYBE 12k). And try to push trough with many attempt for a while. After the people accept passing 10k is not possible it slowly falls to 5k levels again. I think we will see DIP's under 5k then (again arround the january hole). This will form the bottom. I think next year summer could be the next big really.
Some altcoins (like EOS) forms currently the bottom for wave C. Good cryptos like EOS will spike up soon. However I think XRP will be weak.