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Margintrading

While We wait on the 1 hour candles... Lets view w/ 5min I've recently been testing the B.B. Reversal strategy. On XBTUSD using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I have a predetermined 'take profit' set. using this method it around the $200 mark, but everything is situational of coarse, but with practice you'll know when the time is right. Just DO Not Get Greedy. I've found out the Hard Way. That bitcoin is a sloth, except for when the market actually moves, and I've watched too many $200+ profits get erased in a moments notice w/o warning NEVER to return... Here are the Rules I employ: * subject to change w/o prior notice... lol 1.- Only employ this strategy using either the 5min & OR the 1 hour candles Plz 2.- Once candle breaks through the B.B. but then closes back inside the B.B. (I've highlighted examples in chart) Once the follow candle which starts inside B.B. then usually the candle willl 1st venture back outside the B.B. almost matching previous wick... Once that candle closes back inside B.B. then its confirmed to follow trend 3. take profits at Mid way of B.B. unless candles break through Half line w/ no problem, should result in complete crossing of B.B. ( from top - botttomo vice versa) a Gud example is IF the trending candle closes prior to crossing midway point then TAKE PROFITS Bcuz possible reversal. IF trending candle closes after crossign midway, Hell I still take my profits.... then wait to jusge market at that time, If able to jump back in do so IF not NEVER chase trends. There will Always be another opportunity. Some say count your blessing. I prefer to count my profits, but thats just Me... Too each is Own...
BITFINEX:BTCUSD
by bitcoinatx
3
BTC margin long volume vs price on BitfinexAfter calling the recent drop from 12k to 7.9k , I got the sense that BTC hasn't bottomed yet despite many calling the bottom. So I started looking for other indicators and pieces of data that may corroborate this hunch. Initially I started looking at the long (BITFINEX:BTCUSDLONGS) and short (BITFINEX:BTCUSDSHORTS) positions on Bitfinex as a way to gauge when to exit my margin positions. However, as I went back over the data we had (which admittedly isn't a great deal as Bitfinex only started providing the data on the 20th of August 2017), I started to notice that we topped out at around 32k of BTC longs. This coincided with a couple of major selloffs, including the last drop from 12k, and the prior one from 20k. Im not sure if this is a glass ceiling, or a hard cap, however it seems pretty clear to me that we are seeing divergence of BTC price vs number of long positions. ie. price is going down despite an increase in longs. I feel this provides some evidence towards the idea that we will push considerably lower due to a "long squeeze". I also mentioned a few days back in my prior post that if we close the week below the weekly 20EMA, we will head lower to the 50MA for support. A few days back Now I believe we are going down to between ~6k (+/- 500).
BITFINEX:BTCUSDLONGSShort
by crimsonronin
9
ETC - To the Moon in the first quarter.This is for the HAI charting comp. I am personally playing this one for the next couple of weeks / months. I think we have started a new cycle with Ethereum Classic. Barring anything crazy happening and using smart stoplosses we can double or triple our BTC / Money with this coin. This is not a for people looking for quick profits. I think it is a good place to sit coins that are doing nothing for you. (I changed BTG for this) Want to get an entry in from 20k to 24k. I will be comfortable with a stoploss of 16k (bought under 20k so 4kish SL) Buy close to the trend. 20-24k - get a buy on the hour or 2 hour chart. TP1 - 30K TP2 - 40K TP3 - 60K SL - 3-4k from entry Shorterm target is 28-32k Main target is for 100% profit in the 40-45k region. You can also take profit in that region and buy again on the retraces around the first target of 30k for wave 5. Wave 5 I think will go past 60k,before a retrace. By that time we will have made 200% so, take profits and keep a few for some months and they could be worth $100's.
Long
by sykes
1