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Leverage

selby_exchange - Selby Margin Trading Rules v1.1Selby Margin Trading Rules 1.1 1.Trading Working Hours: 01:00UTC Monday thru 21:00UTC Friday take off all weekends and holidays. Only begin margin trading after 30 minutes of reviewing all instruments and timeframes. 2. Margin Forecasting: Charts are built on the 11/15min. using data from Heikin Ashi candle wicks. Identify entry/exit on the 1,2,3min. chart using moving average crossover intersections based on the Fibline Glance indicator set to: 100,100,0.1,40,0.1 3. Risk management: Maximum leverage on any position long or short is 70X. The position size should be based on weekly "working capital" and not total life savings. Formula for position size is a 5X position can use up to 95% and a 70X position can use up to 30%. 4. Enter limit order long/short and then set limit exit to take profit (TP) at the next short term Fibonacci level. Moving average crossovers in higher timeframes 14,21,33,48min. the 1-6hr. and 1day will confirm market direction for successful trade. 5. "THINGS TO AVOID" Greed - Bragging - FOMO 6. -2%-20% RULE: Always close negative positions. Look for a retrace opportunity to exit but if trade falls below (-2% on a 5X) or (-20% on a 70X) for more then 30min. set a stop loss limit order to prevent loss of time and a potential liquidation. 7. 60/40 Split: To maximize margin profit, stay out while awaiting confirmation of market direction, the entry must be caught at the Fib. Think/Chart 3-steps ahead, do not rush yourself into a position. Wait a few minutes between entry/exit. "3-Strikes" If you have three bad trades during the workday stop for 24hrs. 8. (TP) TAKE PROFIT: Cash-out at the end of the week into btc/fiat and pull 10% of net gains out of cyberspace forever. Work as long as you like on any day during the week, but remember not every day of the work week is always a good trading day. Selby finding creative patterns in charts on Tradingview Not advice for investing, but I am one to watch Rebellion=Change=Future
COINBASE:BTCUSDEducation
by selby_exchange
3
LTCUSD - A look in the past and prediction for the future.Looking at LTC, the monthly is obviously dissolved but there is STILL room for growth. Litecoin is a long term hold and not something you want to miss out on! There is not much reason why it has not surpassed its ATH, considering the quick growth it is going through currently. Levels to watch are: $150, $200, $250. Make it easy for yourself, my thoughts are it's going to eventually hit $1000. 1 BTC = 100 LTC at 100k. Don't underestimate the power of the bull, you are in life changing times. LTC has dragged during this bull market and only did a solid 4x from $70-240. In the crypto market, a 4x is nothing. Lets prepare for coins that held strong during dumps throughout the years and keep an eye on this prehistoric gem. The last thing you want to do is be left trying to short the top like the naysayers. If you missed out on $BTC, don't miss out on $LTC.
KRAKEN:LTCUSDLong
by UnknownUnicorn11545969
3
Bitcoin: Fast Update & Trade SetupBitcoin isn't safe at all right now. The best thing to do is standing back just to watch what happens. But for those who wanna open positions: Bitcoin isn't stable at all, so it might collapse down to the 52K areas. (As shown on chart) If you're looking for a long position, do it when it's back to an uptrend channel. This happens when Bitcoin closes a 4H candle above the resistance levels. then long for the TPs. (My advice is taking as little profits as possible... Don't risk it.) Tell me your ideas. Like and Share 🗣✅ Comment if you need a chart 💬
by ShawnMCR
6
BCH READY TO TAKE FLIGHT!Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! BCH/USDT has successfully broken major resistance shown by the trendline in the chart. MACD attempting a bullish cross. RSI made a higher low. We can expect steady grown from here. This is not Financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Coin Donations Are Always Welcomed :) Simplicity Wins
Long
by rnaofs
1
BTC Now Or Never!Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! BTC Is trading right next to the major resistance which was recently broken with the Elon Musk status update. Since then price has fallen back into the triangle but has been staying very close to the top. If we can get a solid break above this line for a textbook S/R flip we can expect a healthy growth to retest previous A.T.H. If we get rejected then we will continue to move lower to next major support which is around 30k. This is not Financial advice. Safe Trading Calculate Your Risk/Reward & Collect! Simplicity Wins
BITFINEX:BTCUSD
by rnaofs
2
EOS/USDT Active!Hello Community! Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more! Lets keep it simple. When taking a look at EOS / USDT on the Daily TF, we can see it trading back in a parallel channel I drew out in a previous post. It is currently making a go at the top of the channel and if it breaks out decisively we can expect to see a nice run to the next resistance drawn out, which is about 20%. This is a very active coin that seems to not shy away from 20% movements frequently. With that being said. If it fails to go through the channel I can see a move to retest the bottom, and you can guess that percentage or just look at my chart. lol This is not Financial advice. Safe Trading, Calculate Your Risk/Reward & Collect!! Simplicity Wins
by rnaofs
2
Btc Will lead eth and crypto to correct?Hi, i share some idea about btc and eth before. Seems the Same. I think in 1h chart we can see some indecision making lower high and Same low, that seems another descending triangle. I would Like to make u see on 1w chart the rsi formation seems a really bad rising wedge.. yes im maybe the First to use pattern on rsi, but let s see :) For now Same as eth. Can short now (31700-31890 usd) Lev 5x and set stop at 33100. Dont invest to much . For profit i see Good tp in 27000 area and down to 25000 area. If break can see massive sell off to 20000
BITSTAMP:BTCUSDShort
by TheMisteryBouly
1
BTC ❗️❗️ Critical Decisive paths!Yesterday BTC aims towards local support ( orange line). After trying to attempt this support area we started seeing a nice uptrend. Scenario 1 👉 Currently you can see BTC is forming this small rising wedge towards new ATH major resistance area. the 24 - 24300 area. This resistance area marks a critical resistance target. If we close above 24300, we can expect to see a trend towards that channel resistance. (red line) Scenario 2 👉 If we see heavy rejection from this area, we can expect to see a break in the rising wedge. Which will lead us towards next local support zone(orange line.) If support can not hold at the 22300 area 20,500 support would be next target. 📣 BTC is very volatile and coins are getting moved around exchanges. Entering only after confirmation of rejection at resistance or break in resistance would be your best option. Get updates on full trade and setup ! 👇👇
BITSTAMP:BTCUSD
by BigLava
2