Risk = 6% of total account. Lowest TP I will take is marked (white). Ideal TP is top of position box (green). Currently 40% of position is filled. Leaving open the option to add contracts and move SL up if I like what I see in PA.
System has finally updated its position. Has officially flipped long. Entered with a market buy for 50% of desired position. (will update with adds or stop loss) TPs marked (red) Stop Marked (blue) Waiting on the 6hr to show a long call for confirmation, Then watching for continued confirmations. Will close out if I see strong rejections developing or...
Doge looking good on the daily. Weak bullish trend at the moment with possible bottom pattern forming. At resistance now. A strong rejection here is a clear exit signal. Some traders will say its a "Cup and Handle" pattern, but the volume profile does not match that pattern. And that is more typically a continuation pattern than a reversal pattern. Daily...
Bullish divergence on the daily R S I and Stoch with a rising positive C M F. Daily close below previous low close invalidates idea so the stop could be on that signal rather than where I have it marked. Placing SL below previous days low just to be safe though. Two idea for long trade setup with TP areas:
DGB is attempting to reverse its bearish trend Two previous reversals have failed, but the last two times RSI dipped below 30 and rose back above there were sustained rallies for 15-30 days. This is the first time I am placing buys on DGB in a long time, and this is one of those cycle coins like Doge, though less reliably. RSI and Stock are signaling buys,...
Traditional markets have taken a beating, but should see some sideways action or even a bounce leading up to the Midterm Elections in the United States. Bears will be looking for a dead-cat bounce to exit at a better price, and bulls will want buy prices back near year to date lows. From a chartists perspective the DJI is showing a confirmed bullish reg...
System analysis: Mechanical system called for a long position 6 days ago, at roughly this same price $199. I have an open long already(looks like it was posted in discord, but not published here) which I plan to hold for now unless it stops out. Price is below the 7 sMA with bearish trend on the 7/21. I prefer to only buy when price is above the 7 sMA during a...
New Thread continued from previous post: Position currently open with no stop loss. First TP as marked. Stop loss is the system itself calling a close of the current position and opening of a new one. I will update when the system calls a new position, or if the TP is hit. System uses daily candles so will only update on the new daily open.
XLM continues to look different from most other large caps. Other than some of the alt coins that have been hitting some nice returns over the past few weeks, XLM is nearly the only coin making higher highs and lows. I loaded up on XLM previously as posted here, and plan on holding it for breakout to at least previous ATH. A break below .000029 would be a...
While LTC is likely to mirror BTC for the most part, There are a few things I am watching independent of the BTC price. LTC is still in a bearish trend. It is attempting to find a bottom around $50, but needs to make a higher high from that level and has failed to do so thus far. Like most of the large caps it is consolidating in a tight range while still in a...
System calling a new position this morning. New entry, TP, and SL Day trade #1 Long Daily results thus far: 0R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the...
New entry, TP, and SL Day trade #1 Long Daily results thus far: 0R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the strategy may change. These are actual trades I am...
New entry, TP, and SL Day trade #2 Long Daily results thus far: -1R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the strategy may change. These are actual trades I...
New entry, TP, and SL Day trade #1 Long Daily results thus far: 0R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the strategy may change. These are actual trades I am...
Following only the calls on my LZD system since Feb and reinvesting the profit into a new position on the close/open opposite position calls, you could have turned 10,000 into 23,432 (minus fees on 14 total trades). Without compounding profit you would still have 74% profit on your total position. It has some bad calls and the largest loss was two 12% losses in a...
Hedge against my BTC short from yesterday (posted) R:R no longer exits for shorts at this level. A breakdown from here and retest of these levels are resistance would flip R:R in favor of short positions. Expecting a bounce at least, possible sharp jump back to previous levels.
New entry, TP, and SL Day trade #2 Short Daily results thus far: -1R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the strategy may change. These are actual trades I...
New entry, TP, and SL Day trade #1 Short Daily results thus far: 0R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the strategy may change. These are actual trades I...