TradingView
Le_Halimou
Dec 5, 2018 10:39 PM

EOS - Go shortie Short

EOS / DollarBitfinex

Description

More dawn

Trend is your friend + volatiliteeeeey

Go partey like it's ya birthday

Trade active

Slowly going down :)

Comment

Still going down

Trade closed: target reached

Comments
Durin_
Gettin Rekt here :) Should have done what you all did :)
Le_Halimou
@Durin_, It's part of learning mate. I hope you didn't lost too much. You'll do better next time ! :)
Durin_
@BobFlynn, Thing is I was short. And expected a bounce(like an idiot). I started to expect a bounce around 4,60 haha
Durin_
@Durin_, How did you know this shit was going further at that point? What clues were you looking at?
Le_Halimou
@Durin_, Moving averages + Simple channel, you can see there was more room to go down :)
Le_Halimou
@Durin_, Question would be : What made you expected a bounce ?
Durin_
@BobFlynn, Overconfidence BobFlynn.. Overconfidence :) :)

And also the fact that these moves never had gotten this extended up until now. I thought it was going to retest the breakout point of the triangle before going further down. What moving average were you looking at and on what timeframe?

I saw the channel as well but stupidly I was expecting a bounce and re-test.

What type of channel were you using? Like the parallell of a pitchfork or just two simple trendlines?
Le_Halimou
@Durin_, Parallel channel man ! I got rekt so many times by trying to scalp bounces and correction. i'm done with this, now i just trend trade :)
Durin_
@BobFlynn, Haha me too man. This was the last time I ever tried to fight the steamroller. It is not good for the wallet or the nerves.

Where do you expect this bloodbath to end?
Le_Halimou
@Durin_, Not yet, that's fore sure. I'll ride it till I cannot anymore :p
More