BTCCNY: Go long in 4 hours

19 Okt 2016

We can enter long positions in BTCCNY, with stop at 4157.42, in roughly 4 hours from now.
Risking 0.5-1%-2% is fine here. If we quickly go back above the green line on chart, we can expect a sizeable move to the upside. This could be a nice stop hunting decline for sure.

Good luck!

Ivan Labrie.

19 Okt 2016

Dagangan aktif

Long active from 4250. Good luck gentlement.

20 Okt 2016

Nota

We need to hold above 4257 in the next 2 days here.
Then we could aim higher:

22 Okt 2016

Nota

Close half of leveraged positions, move stops to entry.
For long term holders, a BTC position of 25 to 80% of your BTC trading account is fine, with no stops.
Leveraged positions, are more dangerous, so hold stops at entry, and close 50% or close the whole thing now.
Last: 4503

22 Okt 2016

Nota

We had a 24 rmb drop while we held, so realized risk/reward was 10.375:1 so far.
Vs the stop, 2.5:1.

Closing it isn't bad now, closing half is ok.

22 Okt 2016

Nota

Read my last update here, to have an example of how powerful having a trading system that analyzes sentiment is...our own, and that of market participants. The thing is having an effective enough probe of said sentiment extremes, and an actionable and systematic way of reacting to them.

22 Okt 2016

Nota

26 Okt 2016

Nota

You may move stops higher now, to 4400. Close leveraged longs, keep spot positions. Trim it down to fit your desired % of portfolio.

27 Okt 2016

Nota

s3.amazonaws.com/tradingview/snapshots/f/ftui0Lhz.png

Terrific, holding the remaining position with break even stops.