Leveragetrading
Bitcoin - Scouting Divergent High ~ Quick Update 10/1/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
SELL bitcoin (XBTUSD) $8199 - $8KFor XBTUSD...Turned out that 8192 was a short term bottom after all.
New bottom: 5295.5
Selling again see you in some months.
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Open SHORT Position XBTH20
Exchange: bitMEX
Market: XBTH20
SELL Price $8293 - $ 8150
Stop Loss: Above $8400
10x-20x Leverage &/OR Cross leverage
TP: $ 5k4 - $5000
Cheers,
bitATX
))
UAX/GOLD SPOT / U.S. DOLLAR Daily PeekHello Friends,
The charts I been looking at today have pointed out that there is a possible double bottom. That all hinges upon the completion of the neckline of course. So if anyone is in on this trade beware that it could go either way. Especially given the fact that this chart is pointing towards 2 bearish patterns. I am expecting a reversal but will swing along the way during this reversal.
Not trading advice, do your own research before entering a trade. Never over leverage and invest only that what you can afford to lose.
Good Luck
Cheers!
6 DAYS INSANITY: 35 Times Have The Whales Stolen Your Money The Headline is a bit misleading, but the point I'm making here is super important. I do this to help you, because I witness all the time how Whales and Smart Money keep stealing your Money. And if you are not aware of these things you are the small fish in the market, which keep getting eaten by the big fish.
This is a Follow Up on in series: Understand How the Whales Thinks, and How they make Money of You!
If you have read yesterdays post, you know how we are taught to place a position on side of the support or resistance and the Stop Loss on the respectively opposite side of that.
It's fair to assume that 8,000 USD is a Key Level, and that 7,900-8,100 USD is an important zone, where people usually will take a lot of positions. Either they choose to go LONG or SHORT. Our Volume Profile is confirming that.
Kill, Kill, Kill, Kill.... - How they bait you!
As you can see, we have in only 6 days going back and forward 8,000 USD at least 35 times, which have Stopped out and liquidated people for millions of dollars.
Some of it is obviously normal evolved price movement, from what we can expect, if we look at our TA princicples. But a lot of it is also designed to bait you into go long or short, and then kill you after.
My Advice for You
Its always very hard to trade near these key levels. So I will suggest that you DONT leverage trade if you arent super experienced. Right now the Market Sentiment and Bitcoin is super Bullish so you can either go long with very little leverage, or just accumulating Bitcoins or take a look at the altcoin, which have fared better than Bitcoin latest.
One thing is certain. The future is bright, and I will do what I can to help you!
D4
Please give a LIKE!
Retrace XBTUSD LONG entry $5750-$5723If yu missed out on last call for bitcoin PUMP dont FOMO. Its only half time. Should see retracement to .618 area from daily candle. I'm SHORT at $5920ish with small amount 1% using only 7x leverage.
SL: set above $6028
TP: $5750
Ladder LONG POSITIONs from
5742-5720
SL: below $5k6
TP: $6k1
TP: $6250
Then Scalp SHORT positions ladder starting $6350-$6450
SL: TBD but prolly above $6700...
I plan on riding this SHORT position down to the $4K-$3k3 **monthly support trend line**
**Only Real trendline that matters***
Can we reach 4800 before going to sub 2k, The FINAL BOTTOM?So coming directly to the point here, we're having a normalised BULLISH channel after that violent dumping from 6k levels. 6 monthly candles closing in RED, have you ever seen your Corn in such a bad phase? But if you've survived until now, trust me you're really very close to have something which you'll be proud of a year later.
Okay, enough talking now lets come back to the graph and TA. This bullish channel can easily lead us to 4.8-5k regions. WHY? I see 2 reasons for that.
1 - If bears start dumping from this level i.e. 3.4k, they'll paying from their own pockets and once the whole market will be in blood bath & we've already reached the sub 2k levels then there'll not be enough buyers and literally zero retail traders who'll be willing to open any long positions at that level. Bears won't take that risk on their pockets.
2 - BULL TRAP & RELOAD by BEARS. This is quite a simple strategy followed by any big traders or market makers. They need to take profits on their non-leveraged trades and reload on there over all short positions at higher levels. It'll be sweeter for them when everyone thinks that thank god, now we're above 4.5k and I can sit on my long for days & similar moon talks. And that's when they will get hit by REALITY.
So yeah, stick to fundamentals watch it closely and learn.
If you find this helpful enough, do visit us at tychelab.com .
*This analysis should not be considered as a financial advice but yeah you can use it to educate yourself & help your own trading ideas.
Regards.
Daytrading Leverage Strategy for Bigger Accounts on Forex[R:R 3]Hello everyone,
Many of you wonder how it feels to trade bigger accounts, and keeping it short: stop thinking punctual.
Whenever you think I'm buying HERE and getting out exactly THERE. Forget it, never again.
There's simply not enough volume for your positions - so what you do?
You break it up and you start thinking the final average price. You stop thinking on static numbers and you start considering regions for entry and exit.
Larger institutions take WEEKS to close their positions, so I think you get my groove here. It's hard to think tops and bottoms when you need to buy and enter all over the place - the art of market making(but that's a whole other story).
So when I started struggling with such a problem, all my strategies were basically at their maximum capital capacity. The main symptom was that my entry limit orders were being filled partially all the time.
Since I'm a very thrill guy when it comes down to the strategies I like to have every single step very well written before I start opening positions. Not only entry and exit points but also position sizing are crucial for me.
The solution was to break my position in smaller positions that I called ACU's.
Let's say we have a 10% ACU, that means that each ACU that I buy that is equivalent of 1/10 of the total position size I initially wanted.
The second step was changing my algorithms to things that triggered more often across a zone and not super price and solid signals that trigger only once.
So now I'm buying a little bit here and there, with the goal of having a better final average price.
Another secret factor for success here is being quick on or fingers or if you're tech savvy enough getting an execution bot for you.
Which means you can further break your ACU's across a buying zone.
Let's say your buy-zone goes from 1 to 2, you will spread your ACU close to what I'll explain next.
Imagine something around 10% of 10% of your total position size, yes only 1% of total
Because you will break your ACU in 10 smaller positions across the 1~2 range, similar to this
Buy 10% ACU at 1
Buy 10% ACU at 1.1
Buy 10% ACU at 1.2
...
Buy 10% ACU at 2
I know it sucks and it takes time, but the more you break your position is better and I'll tell you why. BECAUSE IT GUARANTEES YOU THE BEST POSSIBLE ENTRY PRICE.
The price hardly ever go all the way down to the bottom of the range and if does your avg price will be 1.5
But let's work with MOST of the times, that the lowest it goes on your buy-zone is around 1.3-1.7
It will always allow you to catch the best avg entry price, I know some of your limit orders won't be filled but this makes the risk a lot smaller for you, so be patient and master your greed.
This also allows the usage of leverage since operating like this makes you REALLY hard to get liquidated, the tools and the settings I used on Spectro M2 are Xconf on aggressive mode(arrows above/under candles), Spectro Warnings on Moderate(gray warnings), Adaptative Fibonacci Levels( pivot levels) & Scalper Exhaust Reversal Tool(blue background).
Also to make the stop-loss rules clear:
If the price just touched #1 Target - Do nothing
If the price just touched #2 Target - Move up one level
If the price just touched #3 Target - Move up SL to #1 target
If the price just touched #4 Target - Move up SL to #2 target if you think there will be a break-out otherwise close your position
Let me know if you have any doubts!
ETH-USD Short Trade PlanCommodity : ETHEREUM
Trade Type : SHORT
Trading Against : US DOLLAR
Entries : Double-UP Entries between the two given buy zones
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-7 days
Investment in trade : 5% of the total Trading Balance.
Leverage : 5x
Prospective Profit : 31.35% to 69.45% (with Leverage)
Prospective Loss : 17.35% (with leverage)
RRR : SL to TP1 is 1.79, SL to TP2 is 2.43 , SL to TP3 is 2.96 , SL to TP4 is 4.00
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
BIG ltc longfingers crossed this thing leads the market for a bullish sunday and makes new highs in this run its on
long ripple bowl parabolas and such provide a plausible leverage r:r for a long here so im throwing some at it
$XRP Dump IdeasXRP just experiencing a dead cat bounce few days ago and producing a quite massive gains for those who entering at the right time. Wiping 12 weeks bearish in just 4 days pump.
We've been informing you all to exit this "not last forever pump" and buy back later. Here is the support and resistance case
1. XRP will have a weak support above 5000 sats where the demand has been built. But basically, the recent dump probably can be brutal.
2. For #1 reasons we are seeing that the second support as the strongest support which is around 4k sats and below 4,5k sats where at this level the demand are quite long for accumulating phase that probably "the whale" already enter long enough to accumulate before we even realize.
3. RSI level still in the middle which give a quite big room for retracement downward.
Trade safe!