Lanmar
Long

May be a bumpy ride or temporary traffic. BTCUSD is still a BUY

BITSTAMP:BTCUSD   Bitcoin / Dollar
865 1 12
Reiterating my buy on bitcoin .
Entry should be within the box.
I've decided to increase my current risk
and extend my stop to 205 in the event that
the current pattern morphs into a rectangular
consolidation, which we know happens often.
In exchange, I am taking a smaller position which inherently reduces my total capital risk.

Related Ideas

oaksacorn
a year ago
You should change target 1 to 33% of position and see what the rally brings in conjunction with the October 20th IMF announcement that the Yuan is now officially a Reserve Currency with the ability to do oil purchases and trade outside of the dollars realm.
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