imaginethis

How to make some profits today

imaginethis Updated   
BITSTAMP:BTCUSD   Bitcoin
All my ideas are based on Bitmex charts.

Today we will see a test of 8800 (a little above or well under depending on volume).
Today we have already seen the high. Perhaps a small fakeout will still occur.

Short option
Impatient people sell short at 9120/9130. SL 9140 Lev *25. If stop triggered wait till 9200. Enter again with SL 9221. Lev*50
Patient people wait for 9200. Buy below or just above. SL 9221. Lev*50
T1: 9050 (see from there)
If both stops triggered wait till 9380/9390. SL 9419. Close position DIRECTLY when recouped previous losses.

Long option
Wait for 8900 at least. See from there. If you are not sure you catch the low, wait.

Most important: better safe then sorry.
Comment:
Here we go.
Comment:
Impatient people are in the profits now. Change stop loss to 9 below your buy price or close if you are happy with your gains. Everything can change a few seconds later and the only fact is you have profits right NOW. Assuming you went short for 20btc thats almost 1000$ profits already.

Patient people: its not a problem if you miss a train as long as you didn buy the ticket yet. We might still go up but DONT short now unless you want to take a big big risk.
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