ormin79
Short

I'am trying to use this shorting madness.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I will seek shorts around 4050-4080, but trade will be closed when i see blue line touched.
Comment: My target for this entry is mainly 3600, but partially i will close little higher when i see some reliable divergences in this moves down.
Comment: part of position i had from 4030 (1/3), another 1/3 i get higher @ 4060-80, and rest @ 4110, when divergences tell me so;)
Comment: 2/3 of this short position has target @ 3750, the rest will be closed after signals from charts
Comment: My SL goes of course to entry point @ 4030
Comment: As i see double bottoms possibility on 1h (Bitfinex), and on lower timeframes @ 3900 my SL in entry has more reason now:)
Comment: TP for 100% of position moved down to 3600. Observing small timeframes for signs of divergences.
Comment: Splitting TP in three parts so i set hard TP @ 3770, 3700, 3550
Comment: correction last TP level 3650 not 3550
Comment: 1/3 of position closed manually @ 3783
Comment: 2/3 of position set to close @ 3700 as i see growing divergence in MACD and CCI vs RSI on 1H chart.
Comment: Also setting pending buy order @ 3700 with SL @ 2700 and risk of losing 15% that i have earned in recent uptrend in BTCUSD from breaking 2900-3000 (i sold 80% of my long positions with average 4400USD).
Comment: Okay i say pass to the market, i give what i have @4827 closed the rest of short position. I have no trust to this dump:). But pending buy increased to 20% of all my earnings in this trend stays @ 3700, maybe some ending spike give me this position;)
Comment: According to this buying dips on BTC, i also will try to rebuy my 25000XEMs stack sold @ 25,5 cents (i put pending buy in Zaif @ 18,66JPY - around 20,5cents).
Comment: 3730 and bounce argh:)
Comment: Okay if so, i put buy order @ 3650, if another wave down will occur i should finally catch it's dip.
Comment: Hmm is this end of this dumping or correction only. Pending order removed, now i will observe.
Comment:
As i saw this candles on 30min chart i took short @3940 and now have SL in my entry point. My target is 3640 and in this place i will take long position (buy order awaits)
Comment: @ XEMJPY i moved my pending buy order down to 16,66JPY in hope for panic spike.
Comment: I will do other thing, as my short position still exists (now 10$ saved it haha), my TPs i spread between 3590-3680 with step of 5$, and the same i do for pending buy orders.
Comment: for XEMJPY pending buy orders i set its in range 16,60-17,50 with step 0.05JPY
Comment: This market is so annoying as forex, SL in my short entry @ 3940 hited overnight.
Comment: If i believe in BTCUSD is going down to 4550-4700 area, i should now set more realistic pending buy order @XEMJPY, so i spread this order in range 21.06-22.01JPY with step 0.05JPY (so 20 orders with whole sum of 25000XEMs if all will be filled i will have good rebuy with average 21,5JPY so around 19,5cents - i sold back in time this stack @ 25,5cents)
Comment: I renewed 50% of yesterdays shorts @ 3850 with spreaded target in 3575-3670 area with step 5$. SL is @ 4100 (my yesterdays entry was @ 4040 and was closed in 2/3@ 3827 and in 1/3 @ 3780. I can risk now something that i have earned back in time;)
Comment: My pending buy orders are also spreaded in the same area as TPs for my short position.
Comment: SL goes for my short here to entry point @ 3850
Comment: 40% of shorts closed t their TPs, rest closed manually @ 3690
Comment: 40% of longs taken from pending orders, other as spike up is in play are temporary removed.
Comment: The rest of planned longs (60%) taken manually @ 3670
Comment: So average of my longs is now 3663$.
Comment: and now my all longs closed manually @ 4534
Comment: I say farewell to Shitcoin aka Bitcoin:)

Comments

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