The End result is what You make of it....
Cheers, To All. Thanks for joining Us here 2nite..,,, We'll C U NXtime ....
THANKS TO
Day TrADING on BITmex
PS. If you like My ideas PLz 'Show some luv'
5min
XBTUSD BULLL RRUUNNNNI shook my UP Magic 8-Ball....
"All Signs Point to YES" or something like that.
Im LONG T $6990 25x on bitMEX care to JOIN visit BOTH of the links below...
FOR bitMEX TESTnet (DEMO accounts & US RESIDENTS)
testnet.bitmex.com
bitMEX 4REAL (Except US Residents, sorry)
www.bitmex.com
5min. til Confirmation Candel BULL RUNNNAccording to what I see is when this 1 hour candle closes GREEN, We should see continued uptrend temporarily.
Good Luck to Us All
It is time... XBT/USD BUY @ 6875$ 5min Candel has confirmed Hard to tell with this chart, & I cant share with you guys the 5min chart that Im looking at...... BUT XBT/USD is STRONGBUY @ 6875$ 5min Candel has confirmed + Other indicators. Im LONG at $6865 region... take profits 50% approx $7000- $7,80 etc.
Apr 6
I've recently been testing the B.B. Reversal strategy. On XBTUSD 0.45% using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I have a predetermined 'take profit' set. using this method it around the $200 mark, but everything is situational of coarse, but with practice you'll know when the time is right. Just DO Not Get Greedy. I've found out the Hard Way. That bitcoin 0.56% is a sloth, except for when the market actually moves, and I've watched too many $200+ profits get erased in a moments notice w/o warning NEVER to return...
Here are the Rules I employ: * subject to change w/o prior notice... lol
1.- Only employ this strategy using either the 5min & OR the 1 hour candles Plz 0.00%
2.- Once candle breaks through the B.B. but then closes back inside the B.B. (I've highlighted examples in chart) Once the follow candle which starts inside B.B. then usually the candle willl 1st venture back outside the B.B. almost matching previous wick... Once that candle closes back inside B.B. then its confirmed to follow trend
3. take profits at Mid way of B.B. unless candles break through Half line w/ no problem, should result in complete crossing of B.B. ( from top - botttomo vice versa)
a Gud example is IF the trending candle closes prior to crossing midway point then TAKE PROFITS Bcuz possible reversal. IF trending candle closes after crossign midway, Hell I still take my profits.... then wait to jusge market at that time, If able to jump back in do so IF not NEVER chase trends. There will Always be another opportunity. Some say count your blessing. I prefer to count my profits, but thats just Me... Too each is Own...
While We wait on the 1 hour candles... Lets view w/ 5min I've recently been testing the B.B. Reversal strategy. On XBTUSD using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I have a predetermined 'take profit' set. using this method it around the $200 mark, but everything is situational of coarse, but with practice you'll know when the time is right. Just DO Not Get Greedy. I've found out the Hard Way. That bitcoin is a sloth, except for when the market actually moves, and I've watched too many $200+ profits get erased in a moments notice w/o warning NEVER to return...
Here are the Rules I employ: * subject to change w/o prior notice... lol
1.- Only employ this strategy using either the 5min & OR the 1 hour candles Plz
2.- Once candle breaks through the B.B. but then closes back inside the B.B. (I've highlighted examples in chart) Once the follow candle which starts inside B.B. then usually the candle willl 1st venture back outside the B.B. almost matching previous wick... Once that candle closes back inside B.B. then its confirmed to follow trend
3. take profits at Mid way of B.B. unless candles break through Half line w/ no problem, should result in complete crossing of B.B. ( from top - botttomo vice versa)
a Gud example is IF the trending candle closes prior to crossing midway point then TAKE PROFITS Bcuz possible reversal. IF trending candle closes after crossign midway, Hell I still take my profits.... then wait to jusge market at that time, If able to jump back in do so IF not NEVER chase trends. There will Always be another opportunity. Some say count your blessing. I prefer to count my profits, but thats just Me... Too each is Own...
Run up before more heavy crashes following cup and handlesorry for the lame post just thought id throw some insight before bed , this is my first post. ETHUSD just had a pretty perfect cup and handle pattern , a buy signal ,a good time to exit any shorts and capture max profit if you have not already , and wait for the next good move( good entry) now note that eth is HEAVILY bearish right now and you shouldnt really be risking going long, instead find and wait for confirmation of peaks before breaking down more and SHORT , only buy to cover dont ride both ways eth is going to scarily and rapidly continue its downfall. (in my opinion ..... besides xD the chart looks like a massive pump and dump) .... Hope my comments helped atleast someone. Goodnight Traders!
5min bar break downI'm going to start with a london open trade. A classic, the 5 min bar break. I'll also look at an 1hour break later on.
5min bar break - once the price moves beyond the range of the london open 5mins by 2 points, trade in that direction for the length of the opening 5 mins. Valid for 1 hour otherwise mmtm is too weak.
FB Daily Decending Triangle FB - Daily Descending Triangle Playing out. Watch for the break of $114.
EURUSD Trade Ideas TonightWe have european data coming out at 5 am and american at 8:30 that could twist this us so be sure to be watching in the mean while and maybe take some profits if things tart moving against you, i have those 2 as my trade scenarios red is my stop loss and the green is possible targets reaching to edge of the expanding channel. Short is where most profits can be made i dont think long has very much steam. I may just wait till a Long Fails to go Short from a even less riskier price.
tips- you can see the percent and position info by hovering your mouse over the range drawings on the chart.
Thank you for listening.
You can catch me on twitter @baystreetbull and on profit.ly with same name.
USDJPY SHORT POSSIBILITYShort when reaches 104.606
If it's going up Long at 104.847
Possibility gonna go down
Bullish Gatley pattern XA retracement of 0.786 complete with AB projection of 1.272. I have placed risk at XA projection at 1.13 and target AD retracement at 0.382
Note : I am a intraday trader i trade on 5min chart for publishing I placed on 15 min chart
TRADE OF THE DAY 15-02-2016I JUTS GOTTED STOP OUT AT A SMALL LOSS ON THE USDCAD, AFTER ENTERING BULLISH WITH THE PRICE FINDING SUPPORT SEVERAL TIMES AROUND THE 1.3812 AREA, AFTER THE PRICE WENT UP AND BROKE THE UPPER LINE OF A BEARISH CHANEL THE PRICE CAME BACK AND HITTED MY STOP LOSS THAT WAS MOVED A LITTLE MORE THAN THE B.E. LINE.
COMMISIONS: (-1.80-1.80)= $-3.60
TRADING PROFIT/LOSS: (1.56)= $1.56
RESULTS: =-2.08
GOD BLESS YOU ALL.
TRADE OF THE DAY 11-02-2016I ENTERED LONG ON THE USD, AFTER THE PRICE MADE A UP SWING 22 PIPS FROM THE LAST LOW, WITH THE PRICE SHOWING SOME SUPPORT AROUND THE 0.50 FIB EXTENSION FROM THE PREVIOUS HIGH, I GOT OUT OF THE TRADE BECAUSE THE STOP WAS TRIGGERED WITH A LITTLE LOSS AFTER THE SPREAD COST, COMISSIONS AND SLIPPAGE CAME OUT.
COMISSIONS: (-1.80 -1.80) = $-3.60
PROFIT/LOSS: = $-1.29
RESULT FOR THE DAY = $-4.89
S&P500 Inverse Head & Shoulders Pattern This is easier seen on the 5min chart. The S&P 500 has put in an Inverse Head & Shoulders Pattern. This is a reversal pattern. Look to buy the Neckline or the Breakout (shown on chart). Look for Targets around Gap fill.
USDJPY 5/15min Breakout OpportunityUSDJPY Breakout/Breakdown opportunity on either the 5/15 min chart. I will be taking the this trade on the 5 min chart with a BREAK & CLOSE out of Balance Area. Stops & Targets are shown on the chart. Bearish Div RSI.
GBP/USD Shorting Opportunity with an upside down Crab PatternThe market is about to complete a crab pattern, upon completion in the potential reversal zone, the market should retrace back to the 1.618 fib of the BC leg. please like and comment and don,t forget to follow me. Good trading !
AUDUSD 5 min Scalping like a boss.***DEMONSTRATION***
Description in picture.
Was a down trend, till break of rules, now going up trend.
Down trend = Lower Highs, Lower Lows.
Up-Trend = Higher Highs, Higher Lows.
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Just like any strategy out there, this can fail of course. But when it does fail you should only be losing -5pips and when you win, you can build up a whole days worth of a trend.... so 50+ pips, but then if you accept profits on highs, and re enter on lows... you can gain 200+ pips from a 50 pip daily movement.
