Trend-strategy
Not bullish on BTC (yet..?) - Still on a daily short setupThe alt coin markets have been moving nicely, but BTC still is stuck on its short setup. This can of course change, but at the moment we’re still looking short. We’ll have to wait and see what tomorrow candle brings us, we might get triggered short if the breakout level is broken, or the short setup may be invalidated.
4HR
The 4HR triggered long at (1), reinforced position at (2) and got stopped out at (3) with a tiny 1.7% profit. Trading the 4HR chart you should not be in a trade, and either wait for the daily short to trigger, or take the 4HR long breakout (4).
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Sigma Trend System - StrategyNow working on strategy implementation for this trend trading system to help aid in configuration.
Base indicator code has received a bit of an overhaul and optimising clean too, notable addition of Arnaud Legoux MA option, and a tidy of the inputs with a mind to make it a bit easier to decifer.
Still very much a Work In Progress - but the strategy code in it's current state can still give a good idea of the general effectiveness of this trading method.
AUD/USD navigating trend up, trade managementI mentioned some points where I make my adjustments. I mean how I manage my position with tiers. When it is trending or regaining power I add to my core position but when momentum is slowing down (price drops below short term moving averages) I lighten up.
Check out my recent idea "cup and handle" to figure out my thoughts.