Golb

Golb

That spake in your that $0.18 zone has got me curious about buying again. I would like to see a little more PA develop before a plan can come together. Above $0.30 wouldn’t be a bad place to buy if the correct signal doesn’t show itself here. This level is quite crucial in my view, it must hold or there will be more downside. If nothing else XRP has given a...

Golb

The entry was clean enough, stops to break even and let things play themselves out. Yet another example of proving how accurate it can be.

Golb

You don’t have to enter every trade you see. Sometimes the confirmation of levels market out in the past is enough. I would like to see a close back below last weeks high to further reinforce my short bias. I’m not in this trade but a correction is due, a few small losses here and there pale in comparison to the possible profitability of this short. Losses...

Golb

The limit order would trigger here. Let’s see what happens

Golb

On the first day of this week price went above $700, currently we are below last weeks high. I would like to see another small rally in to the $735 area and use the high as the invalidation point. I’m not taking any more trades this year but this seems to be a clean enough set up to give a decent profit with minimal loss.

Golb

I’m itching to buy this $0.17 zone could be the next swing zone. If this dump wasn’t anticipated from the top it would cause panic. It’s all been planned for, there are two more areas that could support price before the next pump. The next rally could make your nose bleed

Golb

$700 is definitely something to watch. The weekly candle just rejected and closed below it. Now I would like to see a sweep above last weeks high before a potential leg down. The entry will form at $700 or just above it, $600 would be the first area to watch for sensitivity. These post are just a way to keep myself accountable and avoid taking the smaller...

Golb

$DOT is an interesting one, there isn’t much in history in its price action. While some alts have been creating recognizable MS to day trade $DOT has been ranging between $6 and $4. Price has been trapped here since the last week of August both the high and low were printed in that month, not something I would try to swing trade but it looks like a scalper...

Golb

I took a small loss on this trade but it is nothing compared to the profits already banked. Stop placement is an important part of my game plan, if a stop is too big or is below a certain level then the trade is not worth it. I prefer catching tops and bottoms to reduce anxiety. I’ve been calling for that $0.30 zone for a while now and it came. Price does not...

Golb

$700 reacting beautifully, I don’t have enough time to watch the markets as often as I did, but I have a feeling there is a large correction looming in the near future. It needs PA confirmation for me to flip mid term bearish but the market is leaving inefficiencies in PA below. In order for a organic healthy trend to develop these inefficiencies need to be...

Golb

I’ve been very busy over the past few days but the levels don’t change. Same game plan, there might be a bloody correction coming some time soon. The highs will be taken so I expect $700 in the next few days. It’s quite dangerous trying to chase the market when the move has already happened. I have no positions in the market at the moment and I don’t think I...

Golb

This dump probably scared a lot of people off XRP but my plan is still in place. I’ve been watching this area for a while. There is nothing surprising about this dump, XRP is very volatile. When you know what you’re looking for, there are a lot of profitable trades playing out every day. I’m now long XRP

Golb

The $600 zone finally came through and more orders were filled. The plan stays the same, if I hadn’t entered my long yesterday I would have taken a long position on this bounce. The next zone is $620, if price can close above there then we could be in for a nice rally higher. I have no risk in this trade and I still have 25% of my short running. I have cover...

Golb

I’ve been calling for the dump to $0.30 and it came through. My $0.30 is holding to near perfection. I mentioned that the area between $0.45 and $0.30 is very inefficient. Will we see $0.24 before a bounce? There is one more area below $0.24 that could play out and my bias would still be bullish. Let’s see how it plays out.

Golb

I have given a break down of all 4 of these trades from the 12 Dec. It was a live example of how PA is a good tool to have in my arsenal. A step by step guide on how I find “swing points” the market has shown. A good mixture of examples in hedging, trade management, swing trades and market structure. People focus too much on indicators and fancy software....

Golb

The dip I was hoping for never came, $620 saw a bounce to the upside. The possibility of a dip to $600 is still there. I moved my stop to BE, I no longer have any risk in this trade. I will be scaling off 50% of my long at the $680 area and a further 25% at $700. No one ever went broke taking profits. It was a good two days to start off the week. banked most...

Golb

My stop was tagged by a sweep of the lows. Took the last 25% off my short. That covered the loss on the smaller long position, that is why I was hedging this trade. $0.45 is back in play, I might get involved by $0.48 is more attractive to me. I’m on the hunt for the next trade long but in the back of my mind I know my $0.30 scenario could still unfold.

Golb

Price came back to my entry. There is sensitivity in that area regardless of what happens. There is a reason I chose to enter a smaller position than usually on XRP. Ideal scenario I would like to see price back above $0.48 that, for me would definitely confirm the bias. There is a good chance we see a dip below $0.45 before the move higher. If that happens it...