HackneyCrypto

IOTUSD Short Turtle S1 Breakout trigger (03-Aug-18)

Short
HackneyCrypto Updated   
BITFINEX:IOTUSD   IOTA
See the IOTUSD Long Turtle S1 Breakout Trigger trade linked below for full details of the systematic Turtle trading strategy being used in this trade.

P1, P2 & P3 triggered at prices shown on chart.
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of the final position, i.e. P3.
Exit: 10 day low (if SL not triggered)

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.


History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD -0.42% Short (01-Aug-18) ACTIVE
10) IOTUSD Short (this trade - 03-Aug-18) ACTIVE
Overall 7.81% Loss.

Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.
Comment:
Full disclosure: I had not set the stop loss at 0.9828 level so did not get stopped out yesterday. This stop has now been set so let's see if it is hit again or if the price moves into the short...
Comment:
Exit (ten day high) has moved down to 0.92904 so will now get triggered before the SL.

Maximum loses for positions are lowered to P1=-0.37%, P2=-0.84%, P3=-1.33%.
Comment:
Exit (ten day high) has moved down to 0.6740.

Trade is now in guaranteed profit. Minimum gains now at P1+2.48%, P2+2.01%, P3+1.52%.
Comment:
Comment: Exit (ten day high) has moved down to 0.64682.

Trade is now in guaranteed profit. Minimum gains now at P1+2.78%, P2+2.31%, P3+1.82%.
Comment:
Comment: Comment: Exit (ten day high) has moved down to 0.575.

Trade is now in guaranteed profit. Minimum gains now at P1+3.59%, P2+3.12%, P3+2.63%.
Trade closed: target reached:
Short exit target reached at 0.57647. Total position gain +9.28%.

History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (this trade - 03-Aug-18) 9.28% Gain
11) XRPUSD Short (06-Aug-18) ACTIVE
12) BTCUSD Short (08-Aug-18) 0.36% Gain
13) EURUSD Short (10-Aug-18) 4.55% Loss
Overall 2.61% Loss.

Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.

Disclaimer

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