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ormin79
Sep 17, 2017 4:27 PM

Let's get short here Short

Bitcoin / DollarBitfinex

Description

Let's get short here

Comment

closed @ 3686 to resell @ 3716

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correction @3726

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SL goes this 40$ earned higher from first entry (was 3740 so goes to 3780 if 3726 will be catched).

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And position @ 3726 catched SL goes to 3780 if will be hited trade will be at no loss from my side. Target @ 3350 (10$ higher than planned).

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This technique is better than waves hunting, only Fibo and intuition;)

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And now question from my side to all of You? What Fibos i have used in this trade? (i intentionally have not drawed this on 1H chart).

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Stop loss reached but trade for me is without loss:)

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Next level for shorting is near 4210, with target 3740.
Comments
MiloszKaszynski
Stoploss?
ormin79
@MiloszKaszynski, Yeah, trade idea without stop loss is worth nothing.
ormin79
Now after my small manipulation with selling end rebuying higher, SL is de facto in entry point:)
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