IvanLabrie
Long

ETHEUR: Position trade idea

KRAKEN:ETHEUR   ETHEUR
3 months ago
We can take a long here at market, and utilize a 25% trailing stop loss. Targets are simply new highs, although we could see a resumption of the weekly uptrend in which case it could go considerably higher. Don't exit longs, simly trail the stop loss up. Kraken does this automatically for you, so that's quite handy.

Check out my updated track record here: http://pastebin.com/6CyyqnPT

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Cheers!

Ivan Labrie

Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8BzrhGRvXxGXWnJ
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.


Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance             on such information.
2 months ago
Comment: Moving stops up is safe now, we can close partially and add back on dips.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
dztaa
3 months ago
https://medium.com/@WhalePanda/ethereum-chain-of-liars-thieves-b04aaa0762cb
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IvanLabrie PRO dztaa
3 months ago
Thanks for sharing. Seems like an interesting read. My trade is purely technical though. Let's see how it goes.
Cheers.
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B00mView
2 months ago
Hi Ivan,
It's looking good at the moment with the help of the ongoing DEVCON, we're closing in on the upside Key level.
May I ask your thoughts on closing maybe half or all this trade...?
Thanks
+1 Reply
IvanLabrie PRO B00mView
2 months ago
I moved stops up mainly, we can book partial profits and add on dips, pretending we're 'resuming' this half closed position. Try to reenter at a lower price than your exit when doing it. You can do it countless times, without forfeiting the long term trade.
+1 Reply
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