Wednesday, November 8, 2017

Quick update: I have setup a buy order @1286 SL @1279 TP undetermined. No more shorts for me until further confirmation signal.
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11 comments:

  1. HighseasNovember 8, 2017 at 6:58 AM

    I'm keeping my short from yesterday, price action for me is not convincing enough as per my strategy, I think she is setting up for a leg down to retest 1270 / 1263 and that is as far as i can see.

    this being a quiet news week for the USD, other forces are at play, and Stop orders thats to tight might be eaten up..

    made decent returns to keep the position open at a R:R of 1:2

    ReplyDelete
  2. HighseasNovember 8, 2017 at 7:10 AM

    4h close below 1280 will confirm my position...


    Lets se, the market is a beast with a mind of its own

    ReplyDelete
  3. HighseasNovember 8, 2017 at 9:38 AM

    and there goes that plan...... cant win them all....

    ReplyDelete
    Replies
    1. CesatoNovember 8, 2017 at 12:34 PM

      That´s how it works, now watch out your SLs so that your weekly close is positive in your account.

      Delete
    2. HighseasNovember 9, 2017 at 5:26 AM

      thank you Cesar, yes indeed, this is where good money management practices come in, a loss is a loss, protecting equity and growth is paramount... one will loose a few trades, the end game is what is important


      I have no position, and no immediate strategy. will look for a price action confirmation.

      trade safe my friends

      Delete
  4. jorge lugoNovember 8, 2017 at 3:50 PM

    sir, any update for your position?

    ReplyDelete
    Replies
    1. CesatoNovember 8, 2017 at 5:50 PM

      SL is set @1279, it is likely to break through but is has been calculated to protect my position.

      Delete
  5. HighseasNovember 10, 2017 at 4:56 AM

    Hey Guys,

    Sooo, I'm out for a week of R&R :) trade safe, see you in a short while.

    ReplyDelete
  6. UnknownNovember 10, 2017 at 5:58 AM

    been a busy month with work for me and have stay away from trading for a bit. i would long if btc weaken for now

    ReplyDelete
    Replies
    1. CesatoNovember 10, 2017 at 8:09 AM

      You have not missed anything, market is boooooring !!!!

      Delete

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