hey faggots. quick tip to help you not lose money trading crypto.
the ichimoku cloud WILL tell you if a market is moving up or down. it wont tell you what the price will be but it is the best indicator to gauge which direction it is moving.
a longer timeframe will always trump the shorter timeframe, so before you decide to buy/sell always reference the 1 day on up.
if the price is above the cloud, go long.
if the price is below, go short (or sell and buy back cheaper).
if the price is INSIDE the cloud, hold off and wait to see if it breaks below or above, never trade inside the cloud.
The only thing the cloud cannot predict are current events or breaking news so keep on eye on your newsfeed when trading.
i guarantee you will increase your ROI by abiding to the rules of the cloud. the cloud does not lie.
Shorting does not mean selling and buying back cheaper you fuck.
Joseph Wood
that is the essence of it
Ryder Butler
> Shorting does not mean selling and buying back cheaper you fuck.
dumb fuck that is exactly what short sell is.
Blake Fisher
kek KEK K E K
>Shorting does not mean selling and buying back cheaper you fuck.
Asher Taylor
tamagotchi clouds are pretty cool
Dylan Walker
What a complete brainlet. Short selling is SELLING high and BUYING back low whether your on margin or not.
Solid (but brief) intro to cloud trading, OP.
James Baker
How do i get muh clouds on bittrex?
Ryder Diaz
You don't. Use tradingview
Aaron Edwards
i dont think bittrex has them, use a platform like Cryptowatch or Coinigy and remember to tweak the settings to adjust for the crypto market.
Noah Foster
trolled
David Flores
doesn't this indicator pulls its data from the closing prices like all other technical memes ?
same bs in different color t b h
Jeremiah Thompson
hey friend, we all know that there is NO WAY to predict the future. We all know that TA isn't a surefire win. But, i would argue that if you gather enough information (ie: TA, news, etc) and combine them together, YOU WILL set yourself up for better success by make smarter trades.
Of course, you can just go off of biz shill/fud. But, if you couple that info with some proper TA, you wont kys.
Ayden Perry
good one faggot
Christian Bell
I'm sure.
Josiah Rogers
by your logic it would be good to apply all avaible indicators in the chart but that would mess up your entire view, what makes meme clouds better than other TA ? the only legit TA imo are support/resistance levels, psychological important prices, linear trends and volume
Ethan James
>green cloud >price drops
Eli Kelly
Where's part 2/3?
Grayson Wilson
is this a joke? the point where he says open margin long results in heavy losses LMAO
Mason Cook
They are all important and the more TA you can muster up the better informed your decisions will be.
All im trying to illustrate is that the cloud "meme" is one of the strongest indicators you can rely on if you dont know anything about TA. It is the most visual indicator that doesnt require much technical knowledge, hence the title 101.
Ian Diaz
see Except your own ebin TA was 100% incorrect?
Austin Walker
dumb fuck this is a 1 hr chart that uptrend lasted over a day. this info is for trading, not holding. Its up to you to decide when to exit your position.
Ill go short and then long multiple times in a trading session, i don't care which direction it goes or for how long. I make money of the volitality and you can too if you werent such a dense cuck.
Michael Ross
its not incorrect brainlet.
John Gutierrez
meh, too many fucking retarded here, not gonna continue with it after seeing some of these responses.
Joseph Peterson
...
Justin Russell
for this example the color of the clouds mean nothing only what ive stated. the point im trying to make is you can make up whether or not the price moves up or down, it doesnt fucking matter.
Adrian Wright
faggot, you dont understand how to trade. this chart is over the span of 2 week, i would have made over 100 trades in this time period.
You went long at the peak of a ralley here? youre retarded, I would have gone long right when it broke that cloud upwards and sold at 5-10%. When it reversed back into the cloud and broke through i would have go short again.
Can you recommend any good YouTube videos on this stuff? I'm a brainlet and you seen to know your trading
Joshua Howard
just google ichimoku cloud and crypto, you should find plenty of info
James Smith
I swear to god, you're all fucking retarded as shit if you think OP has any idea what he's talking about Literally has offered no evidence he is even remotely profitable and you fucking retarded sheep "omg u no wat ur talking abt tech me??" no you dumb nigger, there was no buy signal when the price was over cloud then because the third critical component of ichimoku is the CHIKOU span you absolute ape if the chikou is not above price YOU DO NOT GO LONG thats why your fucking trade there FAILED you dont even know how to use ichimoku and you're trying to fucking pretend to know anything about trading lmao
Josiah Rogers
the idiot wants to always be right because he is shortsighted and dumb as fuck. he doesnt realize that following this at least in the long run results in better gains. dumb fucking idiot wants sure money always 100% right pump to lamboland gains.
Elijah Cruz
if chikou is not above cloud* anyway OP is retarded dont use indicators you dont understand kids
Hunter Reed
Retard, I never pointed out any buy/sell signals, at all. wtf are you even talking about?
Matthew Nguyen
wow, fucking short sighted cucks. you make me laugh.
Bentley Torres
yes you did you dumb fucking retard, ITS RIGHT IN YOUR ORIGINAL POST "PRICE ABOVE CLOUD = BUY" Your trade FAILED there, its NOT just "you determine when to exit" ichimoku gives you exit signals and it FAILED because you did not respect chikou span you dumb nigger You do not know how to use ichimoku you larping dumbass
Samuel Phillips
stupid retard OP lmao
Camden Carter
THIS is why people think OP doesn't work, people like you pushing your failed TA onto other people. when they follow your shit advice they get fucked. Noone pointing out the price over cloud signal failure is short sighted, they were right, YOU are the one short sighted if you think over cloud = this is BULLISH" It's because YOU fucked up and didnt respect chikou
Easton Anderson
fucking neckbeards man.
Austin Lopez
Do we really have to resort to cussing every 3 words to get a point across? Holy fuck calm down
Cameron Green
Get the fuck off this fucking website nigger ichimoku is shit.
Alexander Morgan
dumb nigger YOUR BUY IS HIGHER THAN YOUR FUCKING SELL LMAO
Christian Nguyen
the ENTIRE point of ichimoku is MOMEMTUM based trading, that is the ENTIRE basis for it the overall trend is DOWN, the sell WAYYY in the top left is fine BECAUSE CHIKOU IS UNDER CLOUD AND NOTHING IS BLOCKING IT Notice how the BIGGEST moves are when Chikou ISNT fucking blocked by cloud or price? Mean while your FAILED BUY HIGH SELL LOW in the middle, chikou is UNDER CLOUD then you pretend like you know when the exit there for fucking pennies vs the overall downtrend yeah OK sure op you fucking retard LMAO
Aiden Gray
FUCKING DUMB FUCK jesus you are so dense.
Mason Ross
HOLY FUCK ITS WORKING FAGGOTS. kek stay poor
Henry Martin
not every trade is a winner, retard.
Ian White
You dumb nigger, ICHIMOKU DIDNT GIVE THE BUY SIGNAL, ITS A FUCKING FAKE OUT It's the ONE TIME Op thinks he should buy in a MASSIVE down trend and he got FUCKED because HE ISN'T USING ICHIMOKU
Cooper Long
what the actual fuck are you talking about you stupid nigger, I'm literally explaining how to ACTUALLY use ichimoku, no shit cloud represents resistance. It tells you NOTHING until price AND chikou span are above cloud. Naturally you have no fucking idea what I'm talking about as you apprently didn't read a single word I wrote and think I'm fudding ichimoku for some reason fucking retard
Thomas Cook
how the FUCK OP thinks this is gains is fucking beyond me
Jeremiah Rogers
Dude, its SOOO simple. Under the cloud SAFER to go short. OVER the cloud, safer to go long.
You are so fucking stupid I feel bad for everybody around you IRL.
I was never discussing specific entry points. This is a 101 faggot.
This is general info, again not SPECIFC entry exit points. How was that not obvious?
Lucas Campbell
goddamn join this crypto pumpgroup instead of bitching about stuff like this man discord.gg/F7tEJgU
Luis Torres
Buy SELL im mean SHORT SELL you dumb fuck. I dont hold bags, just trade on margin, only way to make a living.
Benjamin Rogers
Wow, you did not talk of any of the actual components of the cloud that give you the signals you idiot
Zachary Jackson
Youre a fucking retarded nigger, YOU LITERALLY LOST THE ONLY TIME YOU TRIED TO GO ABOVE CLOUD in the example You will LOSE IMMENSELY in bear markets if you long every time price fakes out above cloud if you DO NOT RESPECT CHIKOU DONT fucking use ichimoku you fucking pathetic retard, you're going to fucking ruin it and soil its name when you post your GARBAGE TA on this board and everyone loses money because of you in down trends "ITS ABOVE CLOUD GUYS BUY BUY BUY" >2 min later "OH SHIT ITS BELOW CLOUD SELL SELL SELL" and OPs example is a LIGHT fake out, there are TONS of fucking examples where it ranges sideways before continuing, you would fail EVERY fucking trade in between by using cloud alone like that
Tyler Cruz
Are you 13 with deep seeded daddy issues? Get the fuck out of here underaged spoiled faggot
Brayden Taylor
?????? how the fuck does this mean ANYTHING to me? you want me to complement you and revere you because you can borrow money and trading? >omg daddy he uses margin he MUST know what hes doing omg stupid fucking retard, I use margin too except I'm not a fucking dumbass that longs the first price break I see The example picture is only a SINGLE fake out and the losses are minimal You are fucking naive as shit if you think its always like that Its not unusual at all to see it fake MULTIPLE times before reversing or continuing a trend The fact that you cannot even take into account something as simple as chikou is how i KNOW you are not profitable
Nicholas Harris
heres ANOTHER REAL TIME example of OP's "short under cloud" retard method failing guess where chikou is here ABOVE CLOUD this PREVENTS you from taking a MASSIVE loss
William Sullivan
I specifically never mentioned signals, I was speaking generally. UNDER the cloud is safer to go short, over the cloud safer to go long.
Juan Lopez
wrong. Its never safe until chikou confirms by being free from cloud or price resistance.
Nathaniel Jenkins
> specifically never mentioned signals,
>UNDER the cloud is safer to go short this is a signal you stupid fucking moron and its WRONG
Bentley Smith
So its SAFER to go short ABOVE the cloud? You're a fucking retarded.
Jose Ortiz
Thats why you adjust the cloud settings for CRYPTO not forex dumb fuck, you dont know what you're talking about.
Caleb Turner
quality thread OP
Thomas Thompson
i think this is funny thread, slowly but surely user trying to teach is turning into top 50 most autistic internet fights, keep it up guyz