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BCH/BTC break out trade (short term)I've notice people either like bch or hate it as a coin. I don't have any preferences to be honest. But I've done some nice trades in the past so I guess I like it. And it learned me some costly lessons as well. After very encouraging run this week I was expecting pull back or some longer period of consolidation. I like the expression Sideway fuckery. After seeing this break out of smaller triangle with decent volume I decided to go for a ride. EDIT: Looking at Volume again - it doesn't look good on this chart but it depends on time frame and exchange. I expect some pull back now with possible retest of triangle. But it can also go back for a few more days or a week for some more sideway action and stop loss will get hit. Almost 4% stop loss is much more than I like. I might go for tighter. But reward is big enough that we are getting 10:1 on this trade anyway. I won't be surprised if this stop will be hit and it might break out later . But anyway - I can always reopen a trade when new opportunity arises. ____________________________________________________________________________________ If you've found something interesting here you can like this idea or smash the follow button! Other ways to support my work - if you choose to: --> Sign up on Binance with my Referral Link: www.binance.com --> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: www.bitmex.com The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype... Never alow your position to be liquidated when trading on BitMEX. You will pay extra fees. Use stop loss. Always use Stop Limit and not Stop Market! You can also choose to make a donation on one of my addresses: BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82 LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn Never trade with more money that you can afford to lose. This is the golden rule. The bigger picture
Long
by Metiu
1
BTC/USD going to 5800$?!If we break 5090$ region, BTC is flying to 5800$. Bulls pushing the market up at this point! Congradulations if you caught the big swing up yesterday! Use tight stop losses so you don't loose your rewards, if we reach 5150$ im reforcing my investment! Decided to put this interesting weekly pattern to show a perspective to you guys, make sure to see it in the hourly as well, and please dont forget TIGHT STOP LOSSES!!! Since this market is dangerous and in one night it could fall dramatically!!!
BITFINEX:BTCUSDLong
by Mr_Guapo
USDCAD Long EntryOANDA:USDCAD 1D LongPosition; Entry Strategy on 4H Chart If price breaks through the orange DTL1: Option A: Not Respecting previous Area of RES 1.34671 and moving straight to next RES at 1.36644 (stronger correction could follow at 1.36644 Level than in Option B) Option B: Respecting the 1.34671 RES, Correcting into previous Structure, which is also the Fib 50 / 61.80 Area and the making a move to the upside. Also SMA 50 / 100 / 200 on the 1D and 4H Chart look good for a stable move to the Upside. ENTRY for Both Options could be 1.34676 with a SL at 1.33543. Possible TP 1.36669, or you ride that Upmove.
by THE_NEPHILIM
BTC / USD Bitstamp: Time is cyclical? Nothing new?BITSTAMP:BTCUSD I previously published an idea in which I reviewed the BTCUSD chart on a 1 week timeframe. In this idea, I came to the idea that we will move below $ 3000, which I still think about. Today, I will publish a new idea with a shorter timeframe. It seems to me that BTCUSD repeats its own movement and we should expect a fall, as indicated by some indicators and patterns. On the 9th of January a doji reversal candle was formed. Today (March 19) we are witnessing the formation of a hammer reversal candle. I also noted on the chart a false break through of MA, which should signal an upward move, but unfortunately, it is false and we have to break down the next few days. Among other things, I attached the Stoch RSI indicator, which also signals overbought and the next downward movement. I do not provide financial advice, I just publish my thoughts, nothing more. If you are trading, do not forget to use a stop order. Good luck!
BITSTAMP:BTCUSDShort
by mazoto
EURUSD: Interesting moves scattered aroundEURUSD has presented different opportunities and conflicting signals. 'Everybody' wants to know which way it is going. This is the wrong question. In this screencast I show different opportunities relative to trends on different time frames. Where price is going, depends heavily on which time frame trend you're stalking - and whether you'r willing to take a controlled loss on that time frame (alias stop-loss). As I do not work with a 'predictions' model, I simply cannot predict where price is going or any targets. My personal bias was for price on 1D time frame to move south. But now the evidence on the charts confront me. It is also probable that a lower time frame trend could eventually move the bigger time frames north. This is how big trend get reversed - it just makes sense. The way I see it is that all traders exploit trends - by some methodology. The trick - which is not easy - is controlling loss, extracting the money and running like hell! :) To be clear this post is not a recommendation to take any particular position.
by Captain_Walker
EUR.JPY (S) - Thursday, 14 February 2019 / -0.5%Thursday, 14 February 2019 EUR.JPY (S) -0.5% A textbook trade opportunity that provided 7 positive confluence factors, in addition to a healthy 2.5:1 reward comparative to risk.\u2028\u2028 Drawdown as a financial trader is inevitable, it requires immense amounts of strategically designed mental strength to trust your strategy.\u2028 How you deal with these emotional demons moving forward will determine your future success. #Transparency
by UnknownUnicorn180388
3
Paddy Power Betfair (PPB) Short PPB's investors haven't had much to laugh about this year, not even their comical television adds could cheer them up, i'm sorry to say that from the looks of the daily chart the stock could be in for some more pain soon. After a tremendous run in may the stock has seen a lot of downside until finally finding support at the 6000 level currently the price is having it's third attempt to break the support. In the run up to the last two tests of support the stock has put in lower highers which suggests that the sellers are fully in control of the stock, the last two trading days of last week posted bearish inside days suggesting some indecision in the stock indicating a potential move this week. I am inclined to go short in the name with a stop order at 5999 below support and a stop loss placed at the high of the day prior to the break out from the support. If you enjoyed this idea give me a follow there will be more to come and if you hated it please let me also, happy trading. Joe LSE:PPB
PShort
by Joevose
Place your bets gentlemen! Which way will it go?I think if you look at this chart on its own... Keep in mind this is the 1 hr chart. It looks about as neutral as neutral can be. Could go up as easy as it could go down. At a glance I would say this is going to drop to 22 rather then go to 36. But who cares right. We have held since 200 so FUCK IT!.... NO. I'm done. I'm not loosing another dollar. STOP LOOK AT THE DAILY! ITS OVER. GET OUT. I have buy orders at $4.09 and 13.25 on LTC. If you have profit. Take it and WAIT a few months. LOOK AT ALL THE SELL ORDERS RIGHT THIS SECOND ON COINBASE. 6322LTC ON THE ASK! NO JOKE. You might see this a few hours later but right now there is a 6322 sell order at the current price on LTC and its been there for a while. Live to fight another day. FFS that was a huge loss! OVER20 club I guess. Please like and subscribe :)
COINBASE:LTCUSDShort
by Noxtreme
1
MACD TREND FOLLOWING STRATEGYEURUSD 30M CHART This strategy is a setup for a Long continuation trade (Rules for A Buy Trade) Step #1: Wait for the MACD lines to develop a higher high followed by a lower high swing point. This is an unorthodox approach to technical analysis. But, we at Trading Strategy Guides.com are different. We don’t mind doing uncomfortable things if that’s what it takes to succeed in this business. The first rule of thumb to recognize a swing high on the MACD indicator is to look at the price chart if the respective currency pair is doing a swing high the same as the MACD indicator does. A higher high is the highest swing price point on a chart and must be higher than all previous swing high points. While a lower high happens when the swing point is lower than the previous swing high point. Step #2: Connect the MACD line swing points that you have identified in Step #1 with a trendline This step is quite simple, right? At this point, we really ignored the histogram because much of the information contained by the histogram is already showing up by the moving averages. Look at the price action now and compare it to our MACD trendline we drew early. We can clearly notice that the MACD contains the price action much better and reflects the trend much clear. But, at this point, we’re still not done with the MACD indicator, which brings us to the critical part of our MACD Trend Following Strategy. Step #3: Wait for the MACD line to break above the trendline. (Entry at the market price as soon as the MACD line breaks above) When the MACD line (the blue line) crosses the signal line (the orange line) it’s an early signal that a bullish trend might start. However, if trading would be that easy we would all be millionaires, right? And that’s the reason why our MACD Trend Following Strategy is so unique. We’re not only waiting for the MACD moving averages to cross over but we also have our other criteria for the price action to break aka the trend line we drew early. This is a clever way to filter out the false signals, but you have to be equipped with the right mindset and have patience until all the piece of the puzzle come together. If you were to trade just based on the MACD crossover over time you’ll lose money because that’s not a reliable strategy. But if you use the MACD indicator along with other cafeterias such what this strategy tells you to do, you will find great trade entries on a consistent basis. Step #4: Use Protective Stop Loss Order. (Place the SL below the most recent swing low) Now, that you already know how to enter a trade at this point you have to learn how to manage risk and where to place the SL. After all, a trader is basically a risk manager. You want to place your stop loss below the most recent low, like in the figure below. But make sure you add a buffer of 5-10 pips away from the low, to protect yourself from possible false breakouts. Did you notice? The MACD Trend Following Strategy triggered the buy signal right at the start of a new trend and what is most important the timing is more than perfection. We bought EUR/USD the same day the bullish trend started. Now, what this has to do with the SL? Basically, a good entry price means a smaller stop loss and ultimately it means you’ll lose a lot less comparing it with the profit potential, so a positive risk to reward ratio. Step #5: You determine your Take Profit or when the MACD crossover happens in the opposite direction of our entry Knowing when to take profit is as important as knowing when to enter a trade. However, we want to make sure we don’t use the same trading technique as for our entry order. When the MACD line (the blue line) crosses the signal line (the orange line) we want to close the position and take full profits. Before taking profits, it’s important to wait for the candle close – either the 4h or the daily candle – depending on the time frame you trade so you make sure the MACD crossover actually happens. Note** The above was an example of a buy trade using the MACD Trend Following Strategy. Use the exact same rules – but in reverse – for a sell trade.
Long
by Tradingstrategyguides