HackneyCrypto

ETH/USD Short Turtle S1 Breakout trigger (05-Sep-18)

Short
HackneyCrypto Updated   
BITFINEX:ETHUSD   Ethereum
For details of the strategy used for this trade (and historic performance) see linked trade below.

ETH has plummeted below the 20 day low so I have entered into a short with Position 1 (P1). Levels for P2 & P3 are shown on chart.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size). Exit at 10 day high, as shown.

I will post updates below, so please follow!!

This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"

If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Trade active:
P2 and P3 executed. Stop Loss (for all positions) moved down to 2N from P3 at $279.97.
Exit as before.

Comment:
Exit moved down to 234.6 (high of previous 10 days) as shown below.

Trade is now in guaranteed minimum profit of:
P1 - 1.34%
P2 - 0.9%
P3 - 0.34%

Comment:
Exit moved down to 229. Guaranteed profit levels increased slightly.

Trade closed: target reached:
Trade closed as exit of 229 reached. Total profit on trade 3.54%.

Overall gain on all Turtle trades now: +19.63% (See related idea below for summary of all trades).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.