Ichimoku_Trader

Another perspective and a better trade design...

Ichimoku_Trader Updated   
BITSTAMP:BTCUSD   Bitcoin
23
..
Comment:
R3 is missing .. It stands at $2789
Comment:
Remember...
Breakouts require momentum
Comment:
We have now dropped $112 from the SSA/SSB candle break to S1 and now to S2
Expecting a reaction at this support
Comment:
Comment:
So the question I am always asked is...
If it was me, what would I do here?

1. Move stops to BE
2. Liquidate part of the position and let the rest run

Congrats .. We now have a free trade
Good luck
Comment:
Actually, we now have a free winning trade
Even better
Comment:
Almost at S3 ...
Expect a reaction there
Comment:
At S3, gains will be around $185
I suggest you optimize your positions there

Enjoy your profits
Comment:
S3 hit
Please optimize your positions

At this point, protect your gains please
Comment:
We've dropped so far $215.36

Comment:
ALMOST 9%...
Comment:
What do I mean by optimize...
I mean sell 75% of your position and look for a cheaper entry to add another 100%
At the end of this process, you should have 125% of your beginning position
Comment:
Trade closed: target reached:
This chart will no longer be updated

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