Welcome to my 10th segment in my golden/death cross live trading analysis series! My strategy is simple: trade the waves and lock in profits. We're making USD on long segments and making BTC on short segments. Forget trading on the absolute highs and lows, we're trading on reliable signals that have been successfully backtested and confirmed in this analysis! Don't believe me? I'm not calling shots after the fact, so go back and see the other trades. We've lost money on a few but have made a lot more than we've lost!
We're still on our 5th segment here, and the metrics are as follows:
Segment 5
04/08/2018 - BUY $6,900
04/25/2018 - SELL $9,000
TBD - BUY TBD
Beginning ($): $10,700
Ending ($): $13,950
Beginning (BTC): 1.55
Ending (BTC): TBD
This was by far our longest bull run here, and we locked in a bunch of profit because of our previous gains against BTC! Let's keep up this magic! Stay tuned for my live trades!
Bình luận
⋅
We may be seeing a very short segment that only lasts a few hours here. I'll be using $9,400 as a buy-in point and clear continuation of the upward trend!
Bình luận
⋅
We're still short here and sitting around the 9k level. We're using the MA as buy-in again
Đóng lệnh: dừng lỗ
⋅
We broke our MA at $9200 and we're now long BTC! Awesome news, I'll be posting the long position shortly!
just for my knowledge, why did you set 9400 as your buy in point? i can see its very strong resistance now, but what is the importance of that price point? appreciate your insights, cheers!
dsgorthy
⋅
@Shaz87, Sorry for the late response, but I'm using that in the case that we saw/see a breakout above the longer-term trend. Around the 24th-26th, the average for that time was 9400, marking an averaged local peak
yuksel92
⋅
why shorted when rsi was oversold? You should wait for rsi acording to your strategy, dont you? Or is there any thing i'm missing?
dsgorthy
⋅
@yuksel92, RSI was showing oversold initially, but not on the second time it hit the sell level. I'm looking at the MA level out, which is an indicator of either a consolidation period before the next jump or a drop in price. We do set the buy-in price in case the price does cross the MA again.