TradingView
ormin79
Sep 13, 2017 6:29 AM

I'am trying to use this shorting madness. Short

Bitcoin / DollarBitfinex

Description

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:)
More