H1 - Short with valid and ideal APF with a good psych number... A potential bearish and authentic APF Bat 88.6% XA ret within 161.8% - 261.8% CB ext for a short/sell trade opportunity with a good psychological number at price 0.66600 even handle. Aggressive entry with pending sell limit order at the completion and stops just above setup's X point giving us a good 1:2 RRR to TP 1 and 1:3 RRR to TP 2. Conservative upon confirmation to short/sell once price completed the setup and SL and TP as seen in the chart. Could there be one good short/sell opportunity? We will see. Trade with care and good luck in the markets
Stoploss
Euro / Canadian Dollar - Stop Loss BreakdownEuro / Canadian Dollar - Stop Loss Breakdown
The video breaks down the technical confluence factors that were taken into consideration prior to confirming my entry criteria.
Remember, there is no such thing as winning or losing in a game that has no end, there is only ahead or behind.\u2028
Finance is a never ending marathon that requires stamina, just because your ahead today does not mean you can’t be behind tomorrow.\u2028
Stay focused and consistent in your approach to every opportunity.
RENBTC My 2 centsBuy 500-550
Sell 550-600
Stop Loss 460
I ain't no advisor just pointing out how I would trade REN
Making an EMA strategy ALMOST profitable with a SL-TP SystemHi guys!
I think I am one of the few who managed to code this with pinescript v3. Tell me if I'm wrong.
You can now request any strategy that you would like to have my Stop Loss / Take Profit System and I will create and publish it on TradingView.
The system includes a Trailing Stop and a Trailing Takeprofit with a % deviation.
For example if you want a simple EMA cross with the system you will get the above.
Size Position and stop losses (what’s the effective way?) what’s more effective having tight stop losses with bigger size position ,or having a smaller size position with a wide stop loss? Well as you know in trading every day is not the same. So you can do either or depending on how the day is going.For example if instruments you’re trading is very volatile it would’t be such a great idea to have a big position with a tight stop loss.You may have thoughts of doing it because if you’re able to pull it off you might make some good money fast, but you will have a very high chance of being stopped out. Then that’s when disaster happens most likely your emotions will take over and you will start to revenge trade. For this reason it would be better to trade with a small position and wider stop losses. Now, if the market is a little bit slow you might do the opposite depending on the situation. It really all comes down to the chart pattern, volatility , trends , and so on.
Quote: “It’s critical for the crocodile to understand its prey and to know where to look for it and remain calm and patient until it arrives. As traders, we have to know what our trading edge looks like and where to look for it and then control ourselves enough to not over-trade before it arrives. “- Nial Fuller
Trader essential from Amazon
1. amzn.to -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to -Encyclopedia of Chart Patterns
3. amzn.to -Apple MacBook Pro
4. amzn.to -OLLY Goodbye Stress Gummy,
5. amzn.to - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US
6. amzn.to Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver
7. amzn.to -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
ICX Profits #ICX #ICXUSDT #ICXUSD #ICXBTC #CRYPTOStop-loss triggered and 3% profits taken.
I'm not 100% on this trade right now so i'm playing it safe until I see confirmation with higher lows and higher highs. Limit buy orders re-set at the 0.5, 618, 0.65 and .0786 fib levels hoping for another fill.
If i miss it i miss it but i would rather look for a better entry with less risk vs hopeium
Current: Neutral
Cheers,
Marc
WHAT IS AN ATR RISK REWARD MANAGEMENT PLANWHAT IS AN ATR RISK REWARD MANAGEMENT PLAN
1- Maximum per trade risk = 2%
use a position size calculator
2- Stop Loss = ATR x 1.5
3- 1st TP = ATR x 1
4- Use two positions - each 1/2 total of trade risk (1%)
5- Both positions use hard SL - ATR x 1.5
6- 1st position uses hard TP - ATR x 1
7- 2nd position uses a trailing stop for TP
8- After 1st TP hits move 2nd trade SL to break even
9- Follow stops on 2nd position as it runs
10- Don't double leverage a currency
(buy Ca/J and sell U/Ca don't double up)
11- 1st TP hit but price drops:
use Heiken Ashi changes color exit
12- Price does not hit 1st TP and drops:
if my entry strategy changes direction
then close trade to not hit hard SL
13- Shut down trade before hugh news events
VERGE USD 1D 2 PERIOD RSI STRATEGYStep 1 Add RSI to chart
Change RSI period setting to 2
Change RSI levels to 5 & 95
Step 2 Sell when the 2-period RSI indicator crosses above the overbought 95 level or
Buy when the 2-period RSI indicator crosses below the oversold 5 level.
Step 3 Find appropriate SL
Step 4 Take Profit when the 2-period RSI indicator crosses
Sell-below oversold 5 level/Buy-above overbought 95 level
BTCUSD 1D TRADERS DYNAMIC INDEX STRATEGY ENTRY RULESTraders Dynamic Index Strategy Entry Rules
1- Red Line break above Yellow Line
2- Green Line break above Yellow Line
3- Neither Line break above Blue Line
4- Buy when Green Line close above Yellow Line
5- SL below SwgLow or 1,5xATR (min 10 pips)
6- TP when Red & Green cross below 70 level
Time to SHORT SELL BTCUSDT Binance ElliottWaves NguyenMinhTamMy opinion: Waves (3) daily is over. Zigzag (or flat or triangle or ...) begins here
Time to SHORT SELL BTCUSDT Binance ElliottWaves
TakeProfit: 4900 zone
StopLoss: 7525 zone
RiskReward: 2.9
Follow me to more infomation and values.
What is your opinion?
Cyatophilum Bands Pro Trader V4
Hello,
This version includes a new feature, engineered to increase profitability.
About the backtest below:
Short + Long Strategy
0.05% Commission
10% of 10 000% equity per trade. Net Profit can be increased with a bigger % of equity.
Strategy data from 01/11/2019 to 30/04/2019
The Cyatophilum Bands, Trailing Stop Loss and Take Profit System are explained in the last version:
The access to this indicator and its Alert Setup version are included in the Cyatophilum Indicators pack available on my website blockchainfiesta.com
To get a free trial, leave a comment, thank you.
LEND LONG (BULLISH BAT)Bullish Bat Potential Reversal Zone.
Lend having its first reaction after this terminal bar ensuring the completion of the Bullish Bat.
I also made a Elliott Wave count on RSI : I think we have got the 2d impulse wave.
Targets and stop loss are identified. With an entry at 178 sats, you get a 4.11:1 risk/reward ratio.
Good luck and good trade everyone,
Zakaidze Omar
BTC – A Subtle Art of Setting Stop LossesHi Guys!
We are sure many of you lost money being discarded from your positions even though you correctly predicted the general direction of the price.
It happened to us as well . Many times.
After such event, you feel bad and temporarily freezes from entering the new position because of the fact you feel insecure and you lose your self-confidence .
Unfortunately, many untrusted exchanges take their position in granted .
They see the whole order book and they see our stop losses.
The art of setting them properly is to set them where no other participants do the same.
In such a place, it is very likely our position maintains and we earn money together with manipulative participants of the market.
Unfortunately, that’s the way it is.
The same happens on forex but not in the exchanges but on the brokerage level.
Please take a look at the charts .
Everything is described there.
Please let us know what you think?
Do you have any other interesting strategy?
Remember set your stop-losses at the least obvious place .
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team.
OMG long opportunityOmg, omg, omg.
I like this chart. I don't know much about OmiseGO as I'm trading mostly charts and not names.
Chart is having good looking rounded bottom here so it might be nice investment opportunity as well a trade that I'm setting up.
I don't recommend investing in any Alt before doing some serious Fundamental Analysis on the coin you want to invest in. So do some deeper research if you like a coin.
You really don't want your coin to get delisted from a big exchange few months after your buy it. Most of the time it falls down like a stone before you even notice it. Believe me. I've done it many times :D
Here is the plan for the trade --> I'm waiting for the price to break the resistance line and stay above. Most of the time they turn into support lines ones they are broken and I expect at least one retest after it. So I'll put stop loss below this line and try to get even tighter stop than on the chart.
For long term hold I would set looser stop loss - below 0.00030700.
You can increase/decrease the risk by moving stop. Or with the size of your position.
You can choose what is the most likely reward.
Overall 1:7 risk/reward ratio as presented on the chart seems reasonable. This is in case you sell everything on second target. So this set up only needs to work one out of seven times to make long term profit.
__________________________________________________________________________________
If you've found something interesting here you can like this idea or smash the follow button!
Other ways to support my work if you choose to:
--> Sign up on Binance with my Referral Link: www.binance.com
--> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: www.bitmex.com
The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype...
I'm sure most of the best traders will agree that risk management is the single most important subject you need to understand very well when it comes to trading or investing.
Without this you can easily blow off your account.
You can also make a donation on one of my addresses:
BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT
ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82
LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn
But again - you can instead start on Test Account and make a goal to be at least break even after 50, 100 maybe even 200 trades. Or at least for some months.
Here is one example: testnet.bitmex.com
Let me know if there is any specific subject you would like to discuss!
Major bounce incoming? NLG back to bull? Let's go!Just an idea. We might be real close to the end of sleeping surrounded by bears.
Just take a tight stop-loss if u want to join this trade.
GPBAUD (4h) - Probable long positionThe tip of the current position with GBPAUD (4H) looks like it is near the end of a contracting wedge pattern. We also see some huge scallops.
This may not be a great position. But in situations like these I'd take a stoploss. This could be tricky because one has to expect price to fall out of the wedge and then return inside, moving up. But it could also break out and down in which case the setup fails.