kylespangladesh

kylespangladesh

BTC looks to be in a confirmed weekly downtrend. If we close our heiken ashi candle below the 135d MA, this will be the first time this MA was breached since last March when BTC dropped into the 4000s. I think this means more down side in the short term. However, I have a bullish long term time horizon in mind(3 years+), so I plan to accumulate on a fixed dollar...

kylespangladesh Updated 

We've had a nice move off of the target accumulation zone, and now have come back after running into some resistance at 0.33 Looking to load back up once we come back down into this area around the 0.5 retracement and confluence of trendlines, with the ultimate target being the red box.

kylespangladesh Updated 

Bitcoin has recently broken another wedge lower trend line. I took some profit in ETH and BTC when BTC was >60k and am now looking for some entries. My strategy is long term hold, but I do rebalance my crypto against other assets in my portfolio so that has been forcing me to do some selling. I want to be patient and let this break in momentum play out. So...

kylespangladesh

Entered swing trade on UPRO today: UY signal for UPRO last Friday, with a nice dip intraday to provide a buying opportunity. Weak closed but finished with a BUY sign. SELL on first red heiken ashi candle. TP1 @ 3%/$88.31 (25% of position) TP2 @ 5%/$90.23 (25% of position) TP3 @ 7%/$91.95 (25% of position) Strategy Statistics from backtest since UPRO conception...

kylespangladesh Updated 

BUY signal for UPRO last Friday, with a nice dip intraday to provide a buying opportunity. Weak closed but finished with a BUY sign. SELL on first red heiken ashi candle. TP1 is about 3% or $89.68, where I'll take of 25% of the position if that is hit. TP2 @ 5%/$91.42 (25% of position) TP3 @ 7%/$93.16 (25% of position) Strategy Statistics from backtest since...

kylespangladesh Updated 

BUY signal for SOXL all day last Friday, with a nice dip intraday to provide a buying opportunity. SELL on first red heiken ashi candle. TP1 is about 6% or $720, where I'll take of 25% of the position if that is hit. TP2 @ 8%/$733 (25% of position) TP3 @10%/$747 (25% of position) Strategy Statistics from backtest since SOXL conception (no take profits) Win%:...

kylespangladesh

Bristol Myers is in a great position both fundamentally and technically. Time horizon is 1-2 years. Technical: Ascending Triangle with Price above the 30-day and 210-day simple moving averages. This could squeeze into the previous highs set in 2018 and 2016 (~$75). We want to see the price continue to stay above these averages as well as the trend line connecting...

kylespangladesh Updated 

Bullish heiken ashi close for entry signal I got about 2/3 of the position I wanted to and it continued to run after hours. Sell signal is first red heiken ashi or we will sell 10% of position at 190.52(+4% gain). Additional take profits at +6%, +8%, +10% and +12% if we get there. Tomorrow, if at any time we go below today's close (183.19) but stay in a...

kylespangladesh Updated 

Shortly after bouncing off the 21 day moving average, we got a buy signal. Closing price was 164.74 1st Take Profit (10% of position @ 4%) = $171.33 2nd Take Profit (10% of position @ 8%) = $177.92 Exiting on 1st red heiken ashi or 9th green. No stop loss, chart shows 12.3%, this is max single trade drawdown of this strategy from 2010-2020, in order to show max risk.

kylespangladesh Updated 

We have remained bullish and stayed in trade based on the 9-13-9 MACD (top MACD at bottom of chart). First take profit target is for 10% of position at a 4% gain. 1st Take Profit Target- 10% of position at 4% gain - 74.03 2nd Take Profit Target - 50% of position at 8% gain - 76.87 Let remaining position ride until sell signal Trailing Stop at 6%

kylespangladesh Updated 

I am reposting my trade from November 24th that is still active. So far we have hit our 12% price target twice, and we are awaiting the ninth bullish heiken ashi candle in a row on Monday, on which we will take 50% of the position off no matter what.