IntroductionCryptocurrency trading has gained immense popularity in recent years, attracting both seasoned investors and newcomers to the world of digital assets. With the potential...

[Music] yo what's going on guys okay then so this is another one of those questions that gets asked in the streams and i thought i better do this video just to really help put people to perspective regarding when is it the best time to trade but more importantly trade bitcoin now we have to understand something bitcoin is the most traded coin that's the truth because it's the most fashionable coin in the crypto space it all started with bitcoin now the purpose of this video i am going to keep it short and sweet i got my eye on the time now i'm wasting time telling you about how short this live this video is going to be see that little glitch right there a little bit of a glitch i'm telling you i am synthetic i i'm believing that i am synthetic and this is actually starting to come out all right so please bear with me if i glitch out jokes aside here we go when is it the best time to trade bitcoin but more so crypto now in my time of trading especially in forex mondays was always the day that i was the most excited to trade i hated the weekends because the markets were closed i just didn't like the weekends everyone's buzzes for the weekend i was probably the only person on earth that hated the weekends why because i didn't get any action i wanted the markets to be open all right so during that time in forex i was like you know mastering the understanding of the strut of the strategy that i was using trying to do my notes doing the homework you know watching previous price action but it just wasn't enough for me all right when monday would turn up i'd be at my most excited i'd be up bright and early getting ready to start my trading day i have read all of the news announcements on what has been discussed over the weekend and the impact across the world and how it would affect the dollar how it would affect sterling how would it affect the yen and i was getting ready to in essence reflect the information in the charts with trades but i always found that trading on a monday if i was thinking like that thousands of other traders were probably thinking the same thing too now that's just not in terms of a retail trader like the guy who trades from home what about institutional traders they can't place trades until they're at their desks so they would have had all their meetings in the morning and they would have been told they said this about the dollar they said this about the yen this president's doing this this prime minister's doing this and then they would just reflect that in their trading so they could be like yo boys get ready start loading up half a billion dollars worth of yen let's get it chucked into the pair and let's let let's see what happens towards the end of the week that sort of scenario for me i was at my most aggressive at the start of the week but yet i always ended up losing most of my account at the start of the week it was only until then i realized that monday was always going to be the false move now in relation to the hybrid system we understand mondays to be the false move because they send price in the direction to get traders to commit in either direction that is they can move price higher or they can move price lower and then once tuesday hits that is when the true intention of the direction of the move comes into play if you go back and watch in the previous streams there have been many instances where we've caught um fake moves on the monday and it sets up the range for the rest of the week here is an example with bitcoin so if we go back towards where we were over here it was in this range right here where is it this was it this was on the 15th of december knowledge serves me correctly no it was the 13th of december all right so 13th of december right there now this was going into the false move on the monday no no no tell a lie it was the week before it was the week before on the 8th if i'm correct where was it it was a false move on the one hour time frame at the 800 ema i believe it was here it is that was it okay 25th of november so if you go back in the streams and look at the 25th of november okay 20 seconds sorry the 22nd took us here all right now this was in the asian session on sunday night they had initiated the false move in two instances okay they marked price up over the weekend and then they sent price down for the rest of the trading session on the 22nd which was on a monday all right what i'm saying too is if you go back in time and look at every single monday in the month there's always going to be the opposite direction happening first before they take the true direction so let's take another monday let's go on the 15th of november alright so let's look at the 15th classic play here it is 15th of november we start in the trading session asia happy days stop hunt rise and then they mark price down lower so traders come to the charts that monday morning in the uk brinks look at it right there they get excited oh look it's been rising so let's start buying market maker traps the retail trader blue vector candle spiked to the downside they trapped the liquidity and new york follows through because new york would have had enough time to absorb the information that has been happening here but at the same time we've also got asia building the positions in the first place so in relation to this video when is it the best time to trade well in my experience i have found that tuesday wednesday and thursday okay are the best times to trade why because that's when all the liquidity is being hit in the charts now today it's been a bit of a tricky day because bitcoin's already made some significant moves to the downside all right but if you go back in time and pull off tuesday wednesday and thursday you will notice that that's when most of the bigger plays tend to play out now of course we've got friday tomorrow it's a market moving day tomorrow because we got a big announcement for the us which is the non-farm payrolls now price action is reflecting the stability of that anticipation in news so we've got to be aware now come friday i don't place any trades on a friday unless i've got a couple of swing trades from the start of the week but i refuse to place trades on mondays and fridays why because i'd lose a lot of money on the monday because i get caught out tuesday wednesday thursday i would make all my money back and then come friday i would end up giving it back because mondays and fridays are always the days where they're going to set up price for the start of the week so that will be monday and then on friday they will be anticipating setting things up for the following monday okay now in cryptocurrency it trades all the time so you've got the luxury of trading whenever you want but then again why is it at the weekend most new traders and normal traders everyday traders end up getting wrecked over the weekend because they've got the time to trade that's the thing and when they've got the time to trade they are then opening positions in marginal spots where there's no volatility no volume and they're hoping that the same play that they would try and find at the weekend works out the same way it would in the week now if you are proficient in the hybrid system fair play you understand your limits you'll understand what places to trade in terms of the weekend and what coins to trade over the weekend you might get a lot of action with the altcoins especially because they're low cap and there's a lot of volatility there but when you're dealing with bitcoin itself you've got to be really careful at the times that you pick because it's you against the market maker and it's your money tied in with all the rest of all the retail traders like institutional traders bank managers you name it okay whales all their money is being exchanged and the best time to be doing that is when they're exchanging those funds that doesn't mean that they don't do anything over the weekends but we can agree that activity is reduced significantly at the weekends which is why at the weekends you see these big price spikes to get people to commit liquidity and it's always towards saturday evening sunday night because it's getting ready to start the week again okay now when you're trying to establish the best time to trade you need to establish what you are as a trader scalper swing trader if you currently run or work a nine to five and you want to scalp you want to try and catch the start of the new york session the brinks box which would be 1 p.m uk time which is roughly 7 a.m if you can't find any positions in half an hour then you don't place a trade just look on the one minute time frame itself if you want to place a couple of trades before you go to work okay so for example let's say 1pm right here yeah it's 1pm in the uk which will be by principle 7am new york for example okay 8 a.m whatever you can see you've got a whole hour to trade so you see this price movement to the upside happy days you've noticed green vector candle deviation away from the moving average green vector doesn't push price anywhere comes back and recovers the previous red vector candle okay so things are starting to look like are we going to see a movement higher what do you want to see well you want to see the test of the 50 ema and the 200 if they can't show a test at this zone right here you would initiate a short vector candles coming in the presence of three one two go short on the second or go on the first it's up to you but you look left and you can see there's vector candles in the zone so they're likely to come back to these pools of liquidity because of how close they are you've gone short in that zone you've gone from 36 628 all the way down hypothetically down to 36 435 now depending on your size and margin and what have you if you're not if you're not happy sorry glitch if you're not happy with the amount of money that you can earn from this entry point and then the assume on the assumption that it's going to continue and say it goes down a little bit further okay and you decide to close in this area here well then you're never going to be satisfied with any amount of money that you make in the trading remember you're looking for the success of the trade now this is just a rough example i don't know what times are flexible for you but try and improve the chances of trades working out in your favor by trading in between tuesday wednesday and thursday okay i'm not saying don't trade the weekends that's on you that's where you have to be accountable because the logic is there if you can't make money during the most busiest times of the week where there's bags of liquidity being pushed into the marketplace where we would naturally expect rises retraces continuations then at the weekend when they can just throw price about up and down up and down you're putting yourself through torment and waiting for a range to break then you're really gonna start disliking trading and you will never trade because you always end up getting caught out on the wrong side of the move because of the time that you're trading from okay so i agree to keep this video short and sweet uh 11 minutes mad love and respect every single one of you people be sure to like and subscribe so you can catch up with tonight's live all right take care yourselves peace [Music] you