it seems dumb, and almost counter-intuitive to approach such a complex game like trading with such a simple approach like shapes...but maybe when markets start acting stupid its okay to dumb down our approach.
TRIANGLE MASTERCLASS - a thread.
what's the simplest, most effective method of trading a market that trends as hard as cryptocurrencies?
trendlines.
one trendline on its own is strong, but when you put two together you quickly realize just how powerful this simple tool can be.
![](https://pbs.twimg.com/media/Er-gy2HXMAMvHrb.jpg)
it seems dumb, and almost counter-intuitive to approach such a complex game like trading with such a simple approach like shapes...but maybe when markets start acting stupid its okay to dumb down our approach.
anybody can draw some lines on a chart any way they'd like. sometimes, we let our bias affect our charts rather than the other way around.
i personally have done this more times than i can count.
you want a fluid bias that can change easily, rather than one relying on 10 steps of conflicting confirmation before entering a new trade
i mean, how much simpler can it be than "above this line bullish, below this line bearish" ? 😂
one trendline on its own can be enough to make a good trade, but when you put two together it can turn a good trade into a great one.
two types: halves and wholes
two directions: up and down
why are they called halves?
well...simply because they're halves of wholes.
![](https://pbs.twimg.com/media/Er-jLcGW8AANSZ0.png)
it then becomes very simple as the direction of the side thats not flat dictates if you're bullish or bearish.
trendline up = bullish ... trendline down = bearish
it's that simple.
![](https://pbs.twimg.com/media/Er-kTaRXUAkdQCH.jpg)
wholes are interesting because with halves, your trendline dictates that price will *CONTINUE* in that direction...
while with wholes your trendlines actually dictate that price will *REVERSE*
![](https://pbs.twimg.com/media/Er-lzz9XMAERofP.jpg)
well...that wouldn't be true in every market environment.
but when you're participating in a market that trends as hard as crypto is right now...it certainly can be
the god triangle.
![](https://pbs.twimg.com/media/Er-pAyLXYAEydQP.png)
the way way that price cycles, momentum does as well.
coins rally, then they cool off, and then they either rally more or reverse.
it represents a continuation in trend.
so if price was going *up* into the triangle, its bullish
if price was going *down* into the triangle, its bearish
![](https://pbs.twimg.com/media/Er-qK3SXAAE-_zK.png)
within the triangle, price is compressing.
remember price goes up, then stalls, then either keeps going up or reverses.
expansion -> compression -> expansion
![](https://pbs.twimg.com/media/Er-rKXxXUAAY9ah.png)
you place your stoploss either below the trendline...or below the previous low that was set within the triangle
this is how you give yourself high hit-rate, high R/R plays.
![](https://pbs.twimg.com/media/Er-sLH0XIAAP9uZ.png)
the god triangle gives you the best of both worlds.
for more trading tips & tutorials join the nearly 5,000 others learning today!
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More from Crypto
Key difference between the '17 and roaring 20s in crypto is that back then everyone was aping a16z and Naval.
Today everyone apes 3AC wanting to be the next Degen.
'17 was an idealistic *saving the world* kind of thing
20s is *me against the world*
1/ The financialization of crypto means more volatility but pretty long ascend to the top.
Multi-year bull and an ATH surprising even to the biggest bulls as the infinite Cantillon "wealth" is pumped into crypto
Crypto becomes the ultimate Cantillon insider circle-jerk.
2/ This will be one the most iconic ideological reversals in history, comparable to Google who was firmly against advertising but turned into the most powerful ad company ever.
![](https://pbs.twimg.com/media/EsVGBkUW4AEyVdY.jpg)
3/ This scenario reminds me of the 90s privatization period in the post-socialist countries.
The regime transition allowed the communist party elite to benefit from the wild west form of "capitalism" that ensued, transferring (and multiplying) their wealth into the new regime.
4/ We are far from Satoshi's original vision . But words and intentions of *prophets* were used to manipulate and corrupt all throughout human history and this time it is no
At "forever" Cantillon insiders are infinitely wealthy. Everybody else lives in pods & eats what the livestock eats, or joins the harem or household staff of an infinitaire.
— Nick Szabo (@NickSzabo4) January 21, 2020
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Hello!! 👋
• I have curated some of the best tweets from the best traders we know of.
• Making one master thread and will keep posting all my threads under this.
• Go through this for super learning/value totally free of cost! 😃
1. 7 FREE OPTION TRADING COURSES FOR
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
(1/10)
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.