Read the notes on my chart. High risk trade but worth a shot as price at an extreme level and the MACD has been above the zero level for a long time. Cheers.
As per my previous ideas on this pair, I have eventually had some success with this sell setup. Went against for a while and there would have been some stress involved, but over the weekend, there was anew sell signal. And when this trade is taken as per the notes on the attached screenshot, and the numbers punched into the multi trade spreadsheet, you can see...
Just continuing on from my BTC/USD sell setup. Today's new candle gave a buy signal based on my indicators, which is not a stand alone buy signal according to my rules, but I do have to take some action to protect my 2x previous sell trades. Therefore I would have taken a buy trade for 0.4o lots at 7124.27, which is basically the open of today;s candle. I'm only...
My 2nd attempt at a Bitcoin trade. The first one worked out okay considering the the initial big move against me. This is a decent sell setup with the support of hidden bearish divergence. Still getting use to cryptos and I have little understanding of the underlying fundamentals behind them. But, I just want to see if my technical analysis trading method from my...
A little behind with regards to updating this trade due to some laptop issues. But as you can clearly see on the Daily chart, there was a clear 2nd buy signal as marked by the green QMP Filter dot on the price chart. This is only a demo trade as I'm not a crypto trader,but I wanted to see if hidden divergence worked on these pairs as it does on Forex. As you can...
Today I took a hedge sell trade to lock in the loss. So far both trades are for the same position size. As long as the MACD Platinum (bottom indicator) remains below the zero level, I am happy to continue looking for buy trade setups. Now waiting on a possible 2nd buy, which will be taken with 0.30 lots. Just a demo setup to see if my FX trading method works on...
I'm not normally a Bitcoin trader but I check the Daily charts every day, more out of curiosity. Today's setup caught my eye. A very good buy set up using my High Probability trading method, which is supported by hidden bullish divergence. Generally I don't use a stop when trading hidden divergence as I can normally work my way out of these trades. But that is...