R.I.P. BCH

9 авг. 2018 г.

Very clean pattern,

Good luck

9 авг. 2018 г.

Сделка активна

Seems to be a breakout with a decent volume. I put my stop to my Entry point and increase my position

9 авг. 2018 г.

Сделка активна

Please note that if the price go back inside the pattern i will decrease my position

9 авг. 2018 г.

Заметка

I expect retest of the 594 area before the down. Could go straight also

9 авг. 2018 г.

Сделка активна

stopped at Entry point for break-even.
Note : I come back to this trade if we get back in the pattern and expect a big move down if this happen

9 авг. 2018 г.

Заметка

I see this stop-hunts often, this why i put my stop to break even as soon as possible.
This is actually tradable in both sides, but too complicated to explain here.
If we go back in the pattern, i expect a huge move down, my target will be minimum 538 for a far better risk reward

9 авг. 2018 г.

Заметка

Entry around 600, according to price action

10 авг. 2018 г.

Заметка

Trade is active, SL 610 , TP 570 and 538

10 авг. 2018 г.

Сделка активна

Expected red candle, Stop at entry point now

10 авг. 2018 г.

Заметка

I will take 25% at 570, 50% at 538 and let the 25% left to ride it until 305 as a swing trade

10 авг. 2018 г.

Сделка активна

Stopped at Break-even again. looking for re-entry after this fishy pump

10 авг. 2018 г.

Заметка

Looking to enter if it goes under 603-601.5

10 авг. 2018 г.

Сделка активна

Entry 602 SL 606 TP 25% 591 TP 50% 572 TP 25% 305

10 авг. 2018 г.

Сделка активна

Here's comes the big red candle i expected, moving stops to Entry

10 авг. 2018 г.

Сделка активна

Moving Stop to 600

10 авг. 2018 г.

Сделка активна

TP1 Reached : Trade in profit

10 авг. 2018 г.

Заметка

Will be busy this week-end
Reminder : I am now freerolling 75% of my position
Stop is still 600$, i will move it to 590$ after TP2 is reached at 527$
Remaining 25% of the position will be kept until 305$.

10 авг. 2018 г.

Заметка

Erratum : misspelled : TP2 is at 572$

10 авг. 2018 г.

Сделка закрыта: достигнута тейк-профит цена

TP2 Reached
I let 25% of my position running until 305$ and have profit locked.
Total success.
Another trade learned us that finding a setup is easy, managing a trade is hard.
This trade is good education it shows why you need to enter at the right time and lower your stop to your entry as soon as possible to avoid market maker to eject you from your trade.
A bad strategy would have been to put a larger stop, this is a leak a lot of people have and most of them are losing money doing so.

Good Luck and see you soon