still_waters
Short

Scaled in Again on Re-entry

BITFINEX:ETHBTC   Ethereum / Bitcoin
77 3 2
Strong Bear Bar on 2H Chart... One problem though: It's low was never triggered. So I would consider this a scaled in short position, as opposed to a entry order position(triggered below the 2H bear bar). Nonetheless, I feel that bar was significant to the bears' selling pressure. Hopefully we get some more movement down.

If the trade does go our way, we will want to trail stops manually to protect profit. If the trade starts showing too much strength in the opposite direction, then get out. I'm always going for AT LEAST 2x's my risk. So small losses here and there are part of the plan.
A nice pop down. TP or move to break even and hold for swing down. Trailing a stop is always a responsible thing to do.
Reply
still_waters PRO still_waters
** OR hold for a swing down.
Reply
still_waters PRO still_waters
nm. i wrote it right the 1st time. :)
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out