New idea- its been a while!
I have been Margin Trading on Poloniex. The non-trending (sideways) market makes it hard to find time to publish trades- as my goals are based on a very short time frame.
Swing Trade- a day to a week Hold
LONG
- overall Uptrend
- correction phase trend line broken- (downtrend line broken)
- falling wedge- BULLish pattern
- Elliot Wave Triangle Correction Complete ABCDE
- BULLish Stoch
- BULLish RSI
- BULLish MACD and BULL cross
-+DMI increasing
Entry
- if missed the entry then wait for the consolidation and next movement as price action will IMPULSE- REACT- and then Continue
- Look for consolidation in the magenta range as there is a good amount of support and resistance there.
Target
- ATH
I have been Margin Trading on Poloniex. The non-trending (sideways) market makes it hard to find time to publish trades- as my goals are based on a very short time frame.
Swing Trade- a day to a week Hold
LONG
- overall Uptrend
- correction phase trend line broken- (downtrend line broken)
- falling wedge- BULLish pattern
- Elliot Wave Triangle Correction Complete ABCDE
- BULLish Stoch
- BULLish RSI
- BULLish MACD and BULL cross
-+DMI increasing
Entry
- if missed the entry then wait for the consolidation and next movement as price action will IMPULSE- REACT- and then Continue
- Look for consolidation in the magenta range as there is a good amount of support and resistance there.
Target
- ATH
Trade active
.00004391 even marginTrade closed: stop reached
Late Publish- Cut all losing margins quick-
My personal Day trade limits
-Max loss for me is 7.5%, so I exit margin at 3% loss with 2.5x.
Did I buy it right? Is the price lower than when I bought in?-
If so, then I bought it wrong.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.