AI Summary
This video demonstrates a pure order book trading strategy without technical analysis, focusing on identifying and trading around liquidity densities in active coins. The trader walks through multiple trades, explaining entries, exits, and common mistakes like catching falling knives.
Chapters
Trades are based solely on the order book, ignoring technical analysis. Focus on densities and volume.
Identifies a maximum zone marked by two lines. Takes a rebound, but exits when resistance appears.
Density set at 0.17365 quickly removed. Stop loss set and gradually adjusted. Advises setting stops on active coins.
Closes more than half on a good impulse, then re-enters when density is substituted near price.
Density moves to support; stop loss placed behind it. Exits if density erodes.
Enters early on density erosion but exits to avoid unnecessary loss from averaging.
Attempts to catch a falling knife (buying during downtrend for a bounce). Results in immediate loss. Advises against this.
Never move against the trend. If coins are dropping, look for short entries or skip the trade.
During a downtrend, looks for short entry points from density, enters and gradually fixes.
Density sharply erodes; enters but orders get taken by a sharp downward impulse, resulting in increased volume and loss.
Sets stop loss far behind density, accepting potential loss. Fixes small parts as price moves.
Mentions clusters (filled support zones) but notes they are not very accurate for entry alone.
Fixes parts at 0.4%, 0.6%, 0.8%, 1%. Uses limit commissions as price moves.
On a sharp breakout, enters double volume, gets a 1.5% impulse, fixes small part.
Enters from density support, sets stop behind. Adds unsuccessfully, average entry worsens, but sits through drawdown and exits near breakeven.
The trader emphasizes the importance of trading with the trend, avoiding catching falling knives, and using stop losses. Despite some losses, the overall approach yields small but consistent gains.
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Mentioned in this Video
Tutorial Checklist
Study Flashcards (5)
What is the primary tool used for trading in this video?
easy
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What is the primary tool used for trading in this video?
The order book, without technical analysis.
00:02
What should you do when a coin is dropping?
medium
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What should you do when a coin is dropping?
Look for short entries or skip the trade; never catch a falling knife.
04:07
What is the recommended stop loss placement?
medium
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What is the recommended stop loss placement?
Behind the density level, not at it.
02:20
What mistake did the trader make when trying to catch a knife?
easy
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What mistake did the trader make when trying to catch a knife?
Entered against the trend and immediately got a loss.
03:41
How does the trader manage exits?
hard
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How does the trader manage exits?
By fixing profits in small parts (e.g., 0.4%, 0.6%) and using limit commissions.
08:43
💡 Key Takeaways
Pure Order Book Strategy
Establishes the core methodology of the video: trading without technical analysis, solely based on order book densities.
00:02Catching the Knife Mistake
Illustrates a common trading error and its immediate negative result, reinforcing the rule to trade with the trend.
03:41Trend Following Rule
A key principle: never move against the trend; if coins are dropping, look for shorts or skip.
04:07Partial Profit Fixing
Demonstrates a risk management technique of taking profits in small increments.
08:43Averaging Down Risk
Shows the danger of adding to a losing position, worsening the average entry price.
10:08Full Transcript
[00:02] trades. The trades will be purely based on the order book without technical analysis. I will show you how to work out look for in densities, and enjoy watching everyone. Let's go
[00:21] was an active coin at that moment. You can see increasing volumes under the chart. You can see increasing volumes under the chart. As I already said at the beginning of the video, there is a maximum zone, which I am
[00:34] now showing, it is marked with two lines. I initially focused on it and wanted to take a rebound from this zone. That is, the coin initially grew, then fell to this zone, and I wanted to take a rebound. So, at first, I take a rebound, but they put the
[00:48] resistance, I immediately exit and turn over from this density, and further. I did not look at the chart, in principle, nothing on the topic was possible there. I principle, nothing on the topic was possible there. I simply used a purely order book.
[01:08] density, but I did not start, did not exit, and they quickly removed it, that is, they set it at and they quickly removed it, that is, they set it at one level at a price of 017,365. I have
[01:20] already set a stop loss and am already gradually pulling the deal. I like to trade active coins, but can suddenly show a good plus or a big minus, so here it is always worth setting a stop on active coins and do not increase the volume in days under
[01:36] any circumstances because we can get a huge loss very good impulse occurs and I immediately close more than half of the volume and now two hundred and
[01:50] seventy-two lots remain, I enter again, that is, they substituted the density there, you can see, you can rewind to see the density in resistance in support, density in resistance in support, more precisely, the
[02:06] density was above and they substituted it to the price of the cash register, I will come and from this the price went away and then an hour they substituted meanness at 0.17 I set a stop loss behind it, not from it I traded, that is, I added when this density was substituted and in case of
[02:20] this density was substituted and in case of erosion, I will need to immediately exit. price of 16,885. They are moving the density to support and I will leave the stop loss behind it
[02:32] the deal if this density is developed from and now they show again about a percent and here I am I'm getting ready to enter the erosion of the lower density, but here,
[02:44] as you can see, I entered early and did not divide and only began to corrode and the price went up and here I have already made the decision to exit since I already had an average position behind this density, it could smear there and get an
[02:57] unpleasant unnecessary minus, so here I am simply already exiting and channel the result, or rather the deal here I entered short, here from the
[03:10] density I fixed a little and added and here is a similar result, here I closed the last part in principle, on average, it turned out to be 0.87 percent, but this is taking into account the fact that I averaged everything many times, I added to this
[03:25] deal also on my telegram channel I publish trading situations and the results of these situations. The next deal was also on the coin will give here the movement is already continuing, I am already entering a rebound further I tried to catch a knife, that is,
[03:41] once I wanted to catch a knife, this is when there is a downward movement and you want to when there is a downward movement and you want to catch an upward impulse, that is, catch an upward impulse, that is, find the very bottom in this movement here, but you
[03:53] shouldn't do that. See for yourself the result I entered and immediately got smeared to minus 0.3 percent here I accidentally added to the double volume I should have fixed it right away but here for some reason I started to sit it out, that is, to
[04:07] catch it, but you should never move with them you should always move with the trend if the coins are draining look for entry points for a short or skip this deal altogether I short or skip this deal altogether I
[04:26] unnecessary there was little density there and now the deal is starting to roll in
[04:45] now the deal is starting to roll in little by little and here I am now going to close because there will reunited so I exit the market at about zero there I even closed at a
[05:02] zero there I even closed at a small minus 0.1 percent and can see it reached the support level at a price of 16.5 but then it
[05:17] support level at a price of 16.5 but then it broke through and continued to go down well during this movement I was looking for entry points for a short there from the density I was looking entered and gradually fixed and the next deal was on the coin he was sitting here I am now I'll tell you
[05:31] quickly what's happening here under the chart, you can also see increased volumes, that is, the coin was active and there is a small bow already by 15 percent, the coin has grown literally there in a few hours and here I saw
[05:48] the density at the price of 10 and 4 and here at first at least I wanted to enter a rebound from this density, that is, to catch the so- called knife, go against the movement, but then everything changed in the glass and I already changed my mind. Look here, the density is
[06:04] sharply corroded, I enter this density, several orders were placed with marks and then a sharp impulse downwards took everything and it turned out that I am sitting on an increased volume, that is, 2 times more, here it immediately shows minus,
[06:17] more, here it immediately shows minus, so there was very high activity, I did not set a stop loss, the same error and here I began to adjust the glass
[06:29] here I began to adjust the glass now accelerated video 4x
[06:49] here I am getting ready to leave, here I went out but minus 0.3 percent I fixed and then the price rolled back down a little on the chart and here I
[07:01] tried to find an entry point for a vang to continue the movement here also There was a density at the price of 1017, another density was added there, they put another density at 1018, I set the stop loss very far, you can see
[07:17] at the bottom of the glass behind the density at 10.06, I set the stop loss because I thought all these densities would be cut hard and I was ready to accept cut hard and I was ready to accept this loss, little
[07:40] develop, I immediately fix the very minimum part at 0.5 minimum part at 0.5 percent, then there is
[07:55] I arrange the grid in small parts to close the position
[08:11] put the density a little more, I can say about the cluster, but on the left you can see that the apartment is in this position where the coin is now trading, they are very full, that is, this support zone and from this you can still somehow
[08:24] trade the impudence of paradise, I will examine the last, that is, I never enter only purely because of the clusters that they are filled there, but for me this will not be a they are filled there, but for me this will not be a very accurate analysis,
[08:43] stop loss was set to breakeven, not even there in a small plus these four parts in a small plus these four parts are fixed at 0.4 at 0.6 at 0.8 and at one percent they gave me about 100 dollars of the position left and here I
[08:55] 100 dollars of the position left and here I further fix well and also the limit of the commission as the further fix well and also the limit of the commission as the price moves,
[09:07] price of 10 and 4, here we are approaching this value, but here for some reason I decided to value, but here for some reason I decided to close the entire position and perhaps re-enter if there is a breakout of this level of this density, then here I just exited the
[09:23] this density, then here I just exited the market on the remaining position
[09:37] and an hourly timeframe on the chart, but here again there was a breakout, they broke through sharply and I entered a position on double the volume again and here it gives a good impulse of one and a half percent at once I also for fixes I
[09:53] literally there 50 dollars of the position, they substitute the density and from this density I also enter the density at a price of 1050 I immediately mark it with a line and that's how, in principle, I traded on this coin,
[10:08] they substituted the density for support, I entered from it, set a stop loss behind the density and I followed the price movement, I set a limit commission for a small part, that is, I entered somewhere at $200 and set $25 each, then an
[10:22] stop the video, I'll try to quickly explain all this. I connected unsuccessfully, that is, my average entry price became 10.7, that is, I added unsuccessfully, and then the position the price starts to
[10:35] sag a little and I'm there in the minus, even if it happened at two percent, but I sat it out, then it passes, it approaches my entry point, and then you see everything on the screens, that is, I was sitting at 20.25 lots and here I immediately drop
[10:50] 20 lats for a small plus, I have two and a half lots left and I close it, that is, at 0.5 percent, I closed those 20 lats, but there was a minus of about two and a half percent, that is, I sat out the position here.
[11:03] Honestly, of course, it wasn't worth it, I would have sat in this trade even longer, but these are the results, and here on the chart all my entries and exits in this
[11:15] trade are shown here. Here, somewhere, I rushed, shown with green arrows, and here below, the drawdown was up to 2.5 percent, and then when the price returned to this entry point, here I closed the entire position,
[11:29] but if the average percentage is 0.9, and they gave me more, I'll also show you how to beckon, eun hee, well, here the situation usually entered
[11:41] below the density, it was fixed in parts, 1.1 percent, I managed to take this, this is the analysis of transactions on the glass, thank you all for watching, bye everyone [applause] [music]