This is how we're trading BCASH with our indicator. Now there is of course news of the hard fork and all that, but this is how we have traded it purely technically based on our indicator. Check the post linked below on how to get access to the trial period and you can try it out for yourself!
We have taken the trades based purely on the breakout indicator and the trailing stop that the indicator plots.
We start at (1) with a long setup, which does not get triggered. The setup switches short (2) and we get entered in the trade. The market moves and we get stopped out at the red crosses the indicator plots. (4) We made a small 1.4% on that trade, nothing to get to exited about, but no loser either. We get another short setup which remains untriggered (5), followed by an untriggered long setup (6). At (7) we get another short setup which does get triggered. We get stopped out at (8) again with a basically break-even trade of .4% profit. A new short setup immediately follows and we get triggered short at (8). We get stopped out at (9) with a 2.8% profit. (10) Gives us another short setup that does not get triggered, followed by a long setup which triggers a trade at (11). We move our stop op as the indicator tells us to do (12). We then start getting extreme overload signals (the dots above the candles) (13), and move our stop to the bottom of the candles at signs of weakness. The other stop loss is moved up by the indicator too(14). We’re getting more overextension signals so we move our stop to the bottom of the candle at (15). Here we get out of 70% of our position, the remaining 30% has the stop at (14). If the market does move down off these overextension signals we will look for re-entry signals the indicator gives us to get back in!
Now looking at the hardfork, we plan to get out just before the hard fork at signs of weakness in price, as we expect coin to collapse after that. You can count on about 99% of all BCH that has been bought in the last few days to be sold as soon as the hard fork is done..
If we are wrong it that case we can always re-enter our positions, in safety.
To get access to the indicator and try it out, please go here:
Like and subscribe if you enjoy our work!
Stay calm, and happy trading!
ZenTrader
We have taken the trades based purely on the breakout indicator and the trailing stop that the indicator plots.
We start at (1) with a long setup, which does not get triggered. The setup switches short (2) and we get entered in the trade. The market moves and we get stopped out at the red crosses the indicator plots. (4) We made a small 1.4% on that trade, nothing to get to exited about, but no loser either. We get another short setup which remains untriggered (5), followed by an untriggered long setup (6). At (7) we get another short setup which does get triggered. We get stopped out at (8) again with a basically break-even trade of .4% profit. A new short setup immediately follows and we get triggered short at (8). We get stopped out at (9) with a 2.8% profit. (10) Gives us another short setup that does not get triggered, followed by a long setup which triggers a trade at (11). We move our stop op as the indicator tells us to do (12). We then start getting extreme overload signals (the dots above the candles) (13), and move our stop to the bottom of the candles at signs of weakness. The other stop loss is moved up by the indicator too(14). We’re getting more overextension signals so we move our stop to the bottom of the candle at (15). Here we get out of 70% of our position, the remaining 30% has the stop at (14). If the market does move down off these overextension signals we will look for re-entry signals the indicator gives us to get back in!
Now looking at the hardfork, we plan to get out just before the hard fork at signs of weakness in price, as we expect coin to collapse after that. You can count on about 99% of all BCH that has been bought in the last few days to be sold as soon as the hard fork is done..
If we are wrong it that case we can always re-enter our positions, in safety.
To get access to the indicator and try it out, please go here:
Like and subscribe if you enjoy our work!
Stay calm, and happy trading!
ZenTrader
Comentário:
Took partial profit (41%) as market broke the stop loss, looking for a re-entry, or a daily trend setup signal
