MarkLudgate

MarkLudgate

Sorry going snowboarding. no itme

MarkLudgate

The main idea behind this is to use all probabilities we can to get a likely win - The uptrend is apparent - There has been a pullback - The pullback is slowing and at the trendline We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious.

MarkLudgate

The main idea behind this is to use all probabilities we can to get a likely win - The uptrend is apparent - There has been a pullback - The pullback is slowing and at the trendline We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious.

MarkLudgate

The main idea behind this is to use all probabilities we can to get a likely win - The uptrend is apparent - There has been a pullback - The pullback is slowing and at the trendline We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious.

MarkLudgate

The main idea behind this is to use all probabilities we can to get a likely win: - The uptrend is apparent - There has been a pullback - The pullback is slowing and at the trendline We then aim for a decent risk to reward of 3, or above 2 if 3 seems over ambitious. The trade is set-and-forget, so we place the trade with a profit target ad then don't touch it...

MarkLudgate

a potential entry for the next leg up of the trend

MarkLudgate

We have another potential triangle breakout on XMR/USDT I like the cryptos against fiat because they don't need to compete with BTC

MarkLudgate

Gonna take break of this triangle formation on ETHEUR. Check the long position indicator for entry/stop. if the triangle breaks it's a strong sign it wants to move up. There has also been an impulse move (pink arrow) followed by a range.

MarkLudgate Updated 

There is quite a lot of sells on the orderbook between the buy-stop price and the current price. If the price manages to get past all those sells then it has a good chance of pushing further in this trend. Best to bear in mind that this uptrend could drop suddenly if bitcoin resumes a healthy uptrend. However this could take a couple of weeks. Some of these...

MarkLudgate

Time to start getting wary of the alts. We may continue to move sideways here but there are strong signs that Bitcoin is recovering well from big dump. Remember to use a stop-loss to be safe Good luck! Mark

MarkLudgate

Bit wary of this massive wick, but as this chart is ticking my criteria so i'd rather risk it and set up the trade to be consistant. Hopefully the buy wall on the orderbook isn't just vapour-wall. Good luck all! Mark

MarkLudgate

There is potential here for a good risk to reward trade. Things to bear in mind: Best to bear in mind that this uptrend could drop suddenly if bitcoin resumes a healthy uptrend. However this could take a couple of weeks. Some of these alts have really low volume so be careful buying as big orders will go right through the order book Good luck everyone! Mark

MarkLudgate

Hi, I don't usually do forecasts as my strategy doesn't take profit in that way, but the way bitcoin moves is so interesting that i wanted to take a closer look. I am also not advising anyone to use this as exact trading advice. There is a lot more to think about than this and personally I move a stop under the lows to protect profits and to ride out the trend if...

MarkLudgate

Hi Below you can see the trendline in logarithmic view. Notice how the trend is now completely straight and lines up with the straight yellow trendline. It's worth keeping in mind that not all trends will stick to the trendline in logarithmic view. You do still have trends that are moving so fast that they never return to a previous trendline until they...

MarkLudgate

Hi, This is just a brief description of how I manage my trades. It's important to juggle a few factors in these sort of cases. Firstly, it's best not to mother a trade to much. You need to give it room to breath and keep your stop in a place that isn't going to kick you out to early. If the market is telling you something is potentially wrong, you need to...

MarkLudgate

We have what looks like a breakout upwards here. Time to try a buy! STOP: We can put a stop under the last swing low of the triangle EXIT: I'll be moving a stop up under the swing lows to get as much of this trend as possible. Good stuff I hope. Good luck!

MarkLudgate

i'll be taking a breakout trade on this triangle consolidation forming on ETC. Things to consider: Well, it's a little messy, and getting a triangle at the beginning of a trend is a bit rare, so could just be a pause for a move further down. If this is the case, then we will hopefully avoid getting into the trade, as it will likely not even break the swing...

MarkLudgate

I'm looking for a good way into this potential move up in bitcoin. Concerns: The only thing that's really bothering me is that against other currencies bitcoin isn't making this triangle pattern or breakout. however I trust the strength of the euro against btc. The breakout move is also lacking a little in volume. although it has gained a little from the...