This BTCUSD Inside day after new high was HUUUUUUGE!
Updated
I posted this inside day trading plan on the Chinese version of tradingview on Wednesday. (tradingview.com/chart/BTCUSD/6h5f6zMf/)
The trade looks scary as it still suggest to buy at such a high level; while the idea of inside day after new high trade is all about trend continuation and momentum.
If the momentum of the inside day breakout is able to take me to get my 1:1 1st kick, I create a FREE long position to join any possible follow through like now.
I believe this is one of the very few trading techniques that is able to take part in such a rally logically (at least more logical than JUST BUY NO OUT strategy lol).
And I got the 4810 1st kick and I still got the other half of my positions with my out @ 4800 , which creates opportunity for me to join the potential 5000 breakout without any pressure.
What a great teaching materiel to show how effective the inside day trade is !!
The trade looks scary as it still suggest to buy at such a high level; while the idea of inside day after new high trade is all about trend continuation and momentum.
If the momentum of the inside day breakout is able to take me to get my 1:1 1st kick, I create a FREE long position to join any possible follow through like now.
I believe this is one of the very few trading techniques that is able to take part in such a rally logically (at least more logical than JUST BUY NO OUT strategy lol).
And I got the 4810 1st kick and I still got the other half of my positions with my out @ 4800 , which creates opportunity for me to join the potential 5000 breakout without any pressure.
What a great teaching materiel to show how effective the inside day trade is !!
Note
stopped out everything @ 4800!Note
Flat now!
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