OrigamiOracle

Bitcoin Trade Plan |O.o| 5-Nov-19

Short
OrigamiOracle Updated   
BITMEX:XBTUSD.P   Bitcoin
The current state of all November trades can be found in the following spreadsheet:
docs.google.com...JbRrDpuOig/edit?usp=sharin...

This Post will be updated any time a trade is added/cancelled/changed/opened/closed within this trade plan.

Trade 1 (Order):
Side: Short
Entry: 9494.0
Strop Loss: 9634.0
Target: 8421.0
RR(BTC): 7.91
RR(USD): 7.66

Trade 2 (Order):
Side: Long
Entry: 8301.0
Strop Loss: 8139.0
Target: 8886.0
RR(BTC): 3.01
RR(USD): 3.61
Comment:
Trade 3 Added:

Trade 3:
Side: Long
Entry: 9283.0
Strop Loss: 9268.0
Target: 9439.0
RR(BTC): 5.20
RR(USD): 10.40

Trade closed: stop reached:
Trade 3 Stop Loss reached
Comment:
Trade 1 Changed:

Side: Short
Entry: 9447.0
Strop Loss: 9561.0
Target: 8421.0
RR(BTC): 9.05
RR(USD): 9.00

Trade active:
Trade 4 Added (open):

Side: Short
Entry: 9300.0
Strop Loss: 9352.0
Target: 8916.0
RR(BTC): 6.00
RR(USD): 7.38

Comment:
Trade 4 Target Lowered to 8421:

Trade 4:
Side: Short
Entry: 9300.0
Strop Loss: 9352.0
Target: 8421.0
RR(BTC): 15.00
RR(USD): 16.90
Comment:
Comment:
Trade 5 Added:

Trade 5:
Side: Short
Entry: 9524.0
Strop Loss: 9561.0
Target: 8421.0
RR(BTC): 25.03
RR(USD): 29.81
Trade closed: stop reached:
Trade 4 Stop Loss Reached
Comment:
Comment:
Trade 1 Changed:

Trade 1:
Side: Short
Entry: 9496.0
Strop Loss: 9634.0
Target: 6061.0
RR(BTC): 35.93
RR(USD): 24.89
Comment:
Comment:
Trade 5 Updated:

Trade 5:
Side: Short
Entry: 9539.0
Strop Loss: 9581.0
Target: 8421.0
RR(BTC): 22.35
RR(USD): 26.62

Trade 6 Added:

Trade 6:
Side: Long
Entry: 9300.0
Strop Loss: 9249.0
Target: 9496.0
RR(BTC): 2.73
RR(USD): 3.84

Trade active:
Trade 6 Open
Comment:
Trade 5 Updated:

Trade 5:
Side: Short
Entry: 9549.0
Strop Loss: 9604.0
Target: 8421.0
RR(BTC): 18.85
RR(USD): 20.51

Comment:
All positions closed
Comment:
The above comment was an error, meant for another post, please ignore.
Comment:
Multiple positions updated, details below:

Trade 1:
Side: Short
Entry: 9689.0
Strop Loss: 9961.0
Target: 8421.0
RR(BTC): 5.18
RR(USD): 4.66

Trade 5:
Side: Short
Entry: 9717.0
Strop Loss: 9761.0
Target: 4301.0
RR(BTC): 216.23
RR(USD): 123.09

Trade 6 (Open):
Side: Long
Entry: 9300.0
Strop Loss: 9249.0
Target: 9587.0
RR(BTC): 4.19
RR(USD): 5.63

Comment:
Expecting short squeeze before reversal very soon, potentially within the hour. Adjusting Entry of Trade 5 and Adding another short to hold until 4301. I think this could be a valuable opportunity to concentrate risk on a high R:R opportunity.

Trade 5:
Side: Short
Entry: 9732.0
Strop Loss: 9777.0
Target: 4301.0
RR(BTC): 213.35
RR(USD): 120.69

Trade 7:
Side: Short
Entry: 9732.0
Strop Loss: 9841.0
Target: 4301.0
RR(BTC): 101.21
RR(USD): 49.83

Comment:
Short squeeze could take another 11 hours
Comment:
Trade 2 Updated:

Trade 2:
Side: Long
Entry: 8076.0
Strop Loss: 7899.0
Target: 8779.0
RR(BTC): 3.29
RR(USD): 3.97

Comment:
Trade 6 Updated:

Trade 6:
Side: Long
Entry: 9300.0
Strop Loss: 9249.0
Target: 9689.0
RR(BTC): 5.62
RR(USD): 7.63
Trade closed: stop reached:
Trade 6 Stop Reached
Trade active:
Trade 8 Added (open):

Side: Long
Entry: 9245.0
Strop Loss: 9198.0
Target: 9689.0
RR(BTC): 6.93
RR(USD): 9.45

Comment:
Trades 5 updated:

Trade 5:
Side: Short
Entry: 9764.0
Strop Loss: 9811.0
Target: 4301.0
RR(BTC): 208.00
RR(USD): 116.23

Trade closed: stop reached:
Trade 8 Stop Reached
Trade active:
Trade 9 Added (Open)

Trade 9:
Side: Long
Entry: 9181.0
Strop Loss: 9129.0
Target: 9689.0
RR(BTC): 7.30
RR(USD): 9.77

Comment:
Potential Short Squeeze to 9840 in 6 hours
Order cancelled:
Trade 7 Cancelled
Comment:
Trades 1, 5 and 9 updated:

Trade 1:
Side: Short
Entry: 9758.0
Strop Loss: 9951.0
Target: 4301.0
RR(BTC): 60.99
RR(USD): 28.27

Trade 5:
Side: Short
Entry: 9839.0
Strop Loss: 9951.0
Target: 4301.0
RR(BTC): 101.75
RR(USD): 49.45

Trade 9:
Side: Long
Entry: 9181.0
Strop Loss: 9129.0
Target: 9758.0
RR(BTC): 8.15
RR(USD): 11.10

9839 predicted to be reached in ~10 hours at 02:00 UTC
Trade closed: stop reached:
Trade 9 Stop reached
Comment:
Trades 1, and 2 updated.
Trade 5 cancelled.
Trade 10 Added.

Trade 1:
Side: Short
Entry: 9747.0
Strop Loss: 9961.0
Target: 8656.0
RR(BTC): 5.43
RR(USD): 5.10

Trade 2:
Side: Long
Entry: 8261.0
Strop Loss: 7899.0
Target: 9889.0
RR(BTC): 3.45
RR(USD): 4.50

Trade 10:
Side: Long
Entry: 9152.0
Strop Loss: 9069.0
Target: 9646.0
RR(BTC): 4.73
RR(USD): 5.95

Comment:
Trade 2 Updated:

Trade 2:
Side: Long
Entry: 8276.0
Strop Loss: 7899.0
Target: 9889.0
RR(BTC): 3.28
RR(USD): 4.28
Trade active:
Trade 10 active, stop loss didn't trigger, Position still open.
Trade closed: stop reached:
Trade 10 Stop Loss Reached
Order cancelled:
All Orders Cancelled
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