Here is a promised summary of my trades, all of them were trend following setups. MEA stands for maximum extension (average) highest possible point in a trade.
1st trade: BNB
2nd trade: EOS
3rd trade: ETH
The same idea. Check others.
I do trade all of the pairs I have posted. It is a TOP 10, there should not be a problem with liquidity. I will update later.
Entry: Put a Stop Buy on the high created on 18th of July (.009946|+P)
SL: HL (.00889|-P)
LL will be created
*I do prefer trailing SL. It can be done in many different...
The same pattern. Higher lows, lower highs.
Entry: Put a Stop Buy on the high created on 20th of July (.0004159|+P)
SL: HL (.0003731|-P)
H created today must be under yesterday’s H! therefore wait for a today’s close.
LL will be created
*I do not like TP on trend-following strategies – let the...
Here is a similar situation as with XRPBTC pair setup (link below). What is interesting is seeing many Alts contracting with BTC. When the market contracts like this it usually shows that the market comes into balance, and it often doesn’t take long for the market to break out of the range and start to trend in one direction or the other (we could...
Over the past few years, I have started to manage my capital by investing actively in financial markets. Cryptocurrency market hooks my interest in the early stage of “great bubble.” Therefore, I experienced a crypto rollercoaster. From 1k % profit on the top back down to the ground. This movements convinced me and showed me a vast potential in crypto trading. The...
The graph above shows you my setup for BINANCE:XRPBTC Long position.
If today's candlestick H close lower than H created on 7th of July, it would confirm the creation of LH. On the 15th of July candlestick managed to develop an HL which was validated on the next day. Therefore, we can trade a wedge formation – HL + LH.
Entry: Put a Stop Buy on...