twismo
Short

BTC/USD Short Turtle S1 Breakout trigger (08-Sep-18)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
For details of the strategy used for this trade (and historic performance) see linked trade below.

This trade executed on the 8th when BTC fell below the 20 day low. I have entered into a short with Position 1 (P1). Levels for P2 & P3 are shown on chart.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size). Exit at 10 day high, as shown (with purple bar) - this may move below the SL over time.

I will post updates below, so please follow!!

This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"

If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Sep 17
Comment: Exit moved down to 6732 (max of previous 10 days) so this will now trigger instead of the higher stop loss if the trade keeps moving against trade (i.e. long).

Sep 18
Comment: Exit moved down again, as shown below. P2, P3 adjusted based on recent changes in volatility (as per Turtle calculation). Added Position 4. If I was a betting man, I think BTC will fall further and trigger these positions soon.

Sep 21
Trade closed: stop reached: Trade closed as exit reached - Sold at 6630. Total loss for trade of 1.29%

Total gain on all turtle trades now at 18.43%. (Related trade idea below was hidden so please see for a summary of all trades)
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