OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
BTCCNY             has confirmed a daily downtrend signal. We have already entered with our group, but this is a good opportunity to add or join the trend if not in.
Above the stop loss, place a long trade in case it gets invalidated tomorrow during the Futures settlement.

Good luck,

Ivan Labrie
Trade active:
snapshot
Comment: Excellent, working as planned.
Comment: Meltdown.
You're welcome people.
Comment: Break even stop.
Comment: Booked some, reshorted but had to exit after price action proved we're still sideways. We didn't break under 1986, so it seems it will drag on a bit more.
Trade closed manually
Comment: Watching for a break of the downtrend mode. It has failed to give follow through so far.
Comment: We're long, will publish new idea after the uptrend ends.
en force..... lol
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http://www.linternaute.com/expression/langue-francaise/16286/en-force/
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This short entry is working in LTCUSD as well. Thanks Ivan.
+1 Reply
Yeah, should be the same timing more or less.
Watch all the bad news come out...
If interested, check out my profile, have a signals group going for almost 2 weeks now.
Thanks for the comment and good luck!
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Morning, mate nice one :)
+1 Reply
IvanLabrie PRO moneymaking
Thanks. :D
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moneymaking IvanLabrie
You killing it with Bitcoin pairs mate. It's CRAZY !!!! :)
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Had to close my 324 short. Made no profit. Frigging alste every time he appears in chat btc bottoms out. Haha.
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Hahaha!

No problem, it margin called some people down, then rebound.
Seems like trend is still sideways.
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BitcoinGuru IvanLabrie
yeh was in the same boat as you saw the break down. Shorted at 330 1/4 then alarms woke me up had to close.
Then reopened again this morning then had to close again.
Sideways till next Thursday according to time node unless we see a break on the 4H again which would pop 315-310 big time
+1 Reply
IvanLabrie PRO BitcoinGuru
I'll post my updated chart soon.
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Hi Ivan;

Nice work you do.
Why you didnt put your stop over upper structure?
Lower risk reward but better chanches to take this trade ..
I think we are bearish until ~1851cny as well (after this blackfriday crazy week),

Have a nice day!
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The technique I use is very specific.
We went long with my group after this was invalidated. I'm in from 2120-2140 in futures.
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Now that we're over 2210, is BTC back on moon course, as per your monthly uptrend chart from a few weeks ago?
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IvanLabrie PRO rivet.popper
Not sure, maybe it takes a new retracement before moon.
I'm long:
BTCCNY: Failed downtrend and now buy signal
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IvanLabrie PRO IvanLabrie
This was for my private group.
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rivet.popper IvanLabrie
Appreciate it thanks.
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DRZRE IvanLabrie
Thanks ;-)
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Futures is quite profitable, one trade, up 20%.
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ohps
+1 Reply
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