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Monerousd

Monero- XMR USD - Bottom of channel - Descending channel Following on from an earlier Idea - Monero broke it's horizontal channel to the downside, but has so far found some support at the 78.6% fib retracement level ($80-82) from the August high. Buying still seems quite weak so I expect it to keep testing this support. If it breaks this with strength we could see price fall quickly to around $60-65. Normally I would be setting up to enter a short if it breaks below the fib support level, but due to the current market I wouldn't be surprised to see money rushing back from BTC to other crypto anytime after tomorrows fork. If only for a short time before the next one... So I will be sitting this one out and watching how it all reacts.
BITFINEX:XMRUSD
by C-Nagle
2
Monero - XMR USD - Flag and channel setupMonero is currently in a large flag pattern on the daily chart as well as a tighter one on the 4hr. It is also in a relatively flat parallel channel. I will be looking to enter a long trade on a strong break of the channel or a close to the upside, and similarly looking at a short with similar requirements to the downside. I will assess appropriate levels for stops as the chart progresses and support/resistance levels become more clear. I would say these options will take a while to play out and there are other shorter term trade options, but personally, besides range trading inside the channel, I would like to see it make a much stronger move than it has done lately before I enter into a more serious position.
BITFINEX:XMRUSD
by C-Nagle
Monero long - after octobre 25Monero is in a trend channel which is slighlty negative. Support is near at Fibb 23,6% (which is not a strong fibb retracement!). So it could fall a llitle bit under his line and climb afterwards (see trend channel). But we´re talking of a big chance for rising pirces in short time from about 83$ to 103$ = 24%. And if the hype about btc and its hardforks will have an end, the demand coming back to the altcoins (including monero) then there is also the chance for even higher prices (fibb 61,8% at 119$ = 43% gain). Try to do this in btc from its current level.
BITFINEX:XMRUSD
by Luettis
Monero Add1 to Existing Posn current $94.32 15Oct17We are already triggered on Long trade in Monero. Here we are adding to our existing long position - all parameters stay the same. Sean Vengan 10+ Years Professional Trader and Trading Educator REALITIES IN TRADING: In trading, there are Winners and Losers. Accept it. If you can't you shouldn't be trading. We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal, over a series of trades, to be NET POSITIVE. Ignore newbies who are uneducated in trading & investing and say "You were so wrong" (we as traders know, a loss is insignificant over a number of trades). Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY. Always factor in "WHAT IF I LOSE MONEY ????" DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine. 3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service. 4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit. 5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis. 6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to. 7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted. 8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply. 9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned. 10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience. 11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive. 12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
BITFINEX:XMRUSDLong
by UnknownUnicorn1063189
11
Monero Long (XMRUSD) current 90.89 7Oct17We have a Long setup on Monero. Irregular Flag pattern which is set to break out. We have defined our stop loss and entry is either now (my preference) or on confirmation of a breakout. Momentum is confirming an upwards move nicely. We are always on the scout for LOW RISK, HIGH REWARD trades. Succesful trades eat up losses and help our equity grow. That's how you become the 3-5% of successful traders leaving the other 97% traders either to lose money or at most break-even. R:R approx 2.4:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine. 3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service. 4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit. 5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis. 6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to. 7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted. 8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply. 9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned. 10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience. 11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive. 12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.
BITFINEX:XMRUSDLong
by UnknownUnicorn1063189
12