BCH-Live Trade Journal (daily chart)BCH-Live Trade Journal (daily chart)
3/10/2018
MA is still down and trend line is intact--I don't plan on trading the daily chart until I see that change. Until then, I will be looking at faster time frames for trading opportunities (posted as separate ideas) but I will be watching for a breakout of the trend line or a break of the support zone.
Tradingjournal
LTC-Live Trade Journal (daily chart)LTC-Live Trade Journal (daily chart)
3/10/2018 (1st entry)
Litecoin is relatively flat at the moment compared to BTC and ETH which are bearish. While I don't think there is a strong case to trade the daily chart at the moment, faster time frames should be looked at. Other time frames will be posted as separate ideas.
VLO Short Trade IdeaAfter the previous 2 high volume days, VLO has made new highs. However, it did not close with a strong candlestick above the resistance and instead put in a doji. With this location it is setting up a nice Risk vs Reward trade for the short side. Previous resistance will be the 1st profit target and will be moving up the stop loss if the trade goes in my favor.
