peculiar spot we're in. down 5-10% on the weekend with alts looking good (ada for example). funding has normalized at .01% on bitmex once again with open interest still at 950m. fx markets namely usdcnh market opens at 5pm with CME opening at 6pm est and the weekly close tonight. usdcnh looks primed to me (yuan dropping) which leads me thinking we are...
hoping for that sick to be the low for now which looks like some sort of consolidation, will be stopped with a break below risking 1R. per usual stop and target arbitrary as long as I’m watching
1R long target and stop loss are somewhat arbitrary once again. will most likely cut before stop loss gets hit as long as im watching it. this makes more sense on the 10m chart but w/e. will be updating as we move either way
.5R risk, thinking xbtusd is following the yuan along with funding on bitmex and OI being too high to open a long. target and stop is arbitrary once again as it really depends on external conditions not relative to specific price action
cancelled all previous orders and snuck this in once i saw the orderbook changing, target is arbitrary really depends how quickly we move before close today and what the close looks like as im thinking 11.2k gets broken this week and we resume upwards. that being said favoring long positions over shorts right now and especially long positions i can hold for a few...
at this point i am asking to be wicked out, .5R risked on 10x lev., if stopped will for sure grab long position before 10.5k to try once more then flip short if that doesn't work
risking 1r ~ meaning if i get stopped im out on -.108r and if target hits im up .6997r
stops and targets for alts are loose and i will post when manually closed
