dsgorthy

dsgorthy Jun 30, 2018

Bitcoin (BTC) has been on a long bear trend here, and from the looks of it, I don't think we've seen the end of it. Breaking $6k since our last big drop was certainly not what we were looking for in terms of gaining against USD. While we did cross our MA earlier today with a short rally, I'm setting our buy at $6,700. We're very overbought right now and I do...

dsgorthy Updated  Jun 22, 2018

Welcome to the beginning of our 10th trading segment using this strategy! We initially bought 1 BTC on 2/26 for $10,000 even. Since then, we've had a 118% return against BTC and a 46% return against USD! These are crazy returns if you look at traditional markets, and our strategy here is dead simple. Trade on the death/golden cross and stick to the strategy! It...

dsgorthy Updated  Jun 7, 2018

We'll be tracking our 9th short segment here! We're up 46% against USD and much, much more against BTC. This wasn't the strong short signal we were looking for, but we'll be setting our buy-in for the next few days to $7,800. Segment 9 05/29/2018 - BUY $7,450 6/4/2018- SELL $7,650 TBD - BUY TBD Beginning ($): $14,200 Ending ($): $14,600 ...

dsgorthy Updated  May 31, 2018

And we're long again! We had a very nice short position here for a while, but BTC finally made a breakout above the MA! The stats for our last segment are: Segment 8 05/19/2018 - BUY $8,200 05/22/2018 - SELL $8,300 05/29/2018 - BUY $7,450 Beginning ($): $14,200 Ending ($): $14,200 Beginning (BTC): 1.71 Ending (BTC): 1.91 Segment 9 ...

dsgorthy Updated  May 28, 2018

Welcome to the short leg of this trade! Below are the stats for this segment: Segment 8 05/19/2018 - BUY $8,200 05/22/2018 - SELL $8,300 TBD - BUY TBD Beginning ($): $14,200 Ending ($): $14,200 Beginning (BTC): 1.71 Ending (BTC): TBD We didn't make much of a gain against USD on our long leg, it looks like Bitcoin has been solidly descending...

dsgorthy Updated  May 20, 2018

Welcome to the 13th installment of my analysis series! We've been on a short for a while now, but it looks like we're ready to go on a long streak. The RSI is right in the middle, and we've crossed our MA here. Remember, we're minimizing risk using this strategy, so we may lose money on this leg. We're tracking the following statistics to monitor the...

dsgorthy Updated  May 9, 2018

Welcome to the 12th installment of my analysis series! We ended our long segment earlier today when our price crossed beneath the moving average. The MA was still ascending, so we may be seeing a buy-in above our sell, but remember that we're minimizing our risk using this strategy. We're tracking the following key statistics along our trade: Segment 6 ...

dsgorthy Updated  May 5, 2018

Welcome to my 11th segment in my golden/death cross analysis! We've just ended a short position, not too eventful, and broke out into the long position earlier today! Remember that we will sometimes buy above our previous sell, but we're minimizing risk in the meantime. Below are the segments that we're tracking! Segment 5 04/08/2018 - BUY $6,900 ...

dsgorthy Updated  Apr 25, 2018

Welcome to my 10th segment in my golden/death cross live trading analysis series! My strategy is simple: trade the waves and lock in profits. We're making USD on long segments and making BTC on short segments. Forget trading on the absolute highs and lows, we're trading on reliable signals that have been successfully backtested and confirmed in this analysis!...

dsgorthy Updated  Apr 9, 2018

Welcome to my 9th segment in my golden/death cross analysis series! My strategy is very simple: wait for longer-term trends to reveal themselves when the price crosses the moving average. We're capturing not only the positive movements but capitalizing on the negative movements as well! In our last short segment, we sold and bought back in at the same level! This...

dsgorthy Updated  Apr 9, 2018

Welcome to Part 8 of my BTC tracking analysis. I'm using a simple wave analysis to capture gains while BTC continues to decline in price. At the beginning of this, I outlined that this is my only investment in the crypto market, as altcoins don't tend to do well when new money is not flowing into the market. Some have done well, but this is much riskier than the...

dsgorthy Updated  Apr 5, 2018

We crossed the MA yesterday and have crossed over the $7.4k, marking a beginning of our 4th segment. Go back and read through my analyses using this strategy, we're up over 11% during this decline! While it is still falling, let's hope this leg locks in some more profit vs USD! In terms of BTC, we're up 55% over the past couple of months! Segment 3 ...

dsgorthy Updated  Mar 27, 2018

We crossed the MA a couple of days ago and I sold at $8.7k. I'm publishing this new thread to track my short position. Check out my previous posts to tracking this strategy thus far, we've secured a decent amount of profit in a volatile market. Segment 3 03/18/2018 - BUY $8,300 03/22/2018 - SELL $8,700 TBD - BUY TBD Beginning ($): $10,650 Ending...

dsgorthy Updated  Mar 21, 2018

We crossed the MA a couple of days ago and I bought in at $8.3k. I'm publishing this new thread to track my long position, because the MA has crossed the buy-in, meaning that we're guaranteed to profit. Check out my previous ideas to see the first segment, but we've closed out the second segment and are beginning our first. Segment 2 03/11/2018 - BUY...

dsgorthy Updated  Mar 16, 2018

Look out below! Welcome to Part 4 of my wave tracking analysis as I track BTC. We've locked in a loss against USD in this trade, as the strategy did not trade well on this intersect. However, it is looking like we'll profit against BTC -- I'm long BTC, so I'm happy about this! Segment 2 03/11/2018 - BUY $9,750 03/14/2018 - SELL $9,100 TBD - BUY TBD ...

dsgorthy Updated  Mar 13, 2018

Hello all! This is an extension of my previous analyses on wave trading CEXIO:BTCUSD . I'm using: 90-hour Moving Average Basic Candles Techniques Current Price and Volume RSI To clarify, I am long-term bullish about CEXIO:BTCUSD but am looking to profit off of the waves that we're seeing now. My goal is not to identify the ultimate peak...

dsgorthy Updated  Mar 7, 2018

As an extension to my previous post, I'm continuing to trade CEXIO:BTCUSD using: 90-hour Moving Average Basic Candles Techniques Current Price and Volume RSI To clarify, I am long-term bullish about CEXIO:BTCUSD but am looking to profit off of the waves that we're seeing now. My goal is not to identify the ultimate peak and the ultimate...

dsgorthy Updated  Feb 26, 2018

As an update to my previous post discussing the correlation between the granddaddy CEXIO:BTCUSD and altcoins. Check out the link to see my thoughts. I'm currently closed out of all my positions, holding as much fiat as I can in preparation for a bottom price. I closed out previously around $17k, bought back in at $8k and sold recently at $11k. The goal here is...