Post
Topic
Board Trading Discussion
Re: LastLaughingGuy - day trading diary
by
LastLaughingGuy
on 21/11/2018, 08:44:46 UTC
Hi, my question is simple whats your strategy? what makes you buy or sell?

Hi,

longing support , shorting resistance
longing strength, shorting weakness

factors: support/ resistance zones, price action, over all market,trendlines, orderbook, some candle patterns

if a market or a coin is very strong/weak i may long and short break outs too.

i dont have a strategy like: if indicator A is that and indicator B is that then a buy i triggered.

you can find some arguments in the charts i posted here



unfortunately need to sleep Smiley


volatility is insane in btc today.

just sold half my nano at 2530 - rest stop 2399 (i want to give it some room because i think we got a good chance of btc recovering more here) target thn can be 28k for nano
BAT i put my stop to 3519 - more or less break even
GO i only got a 0.4 btc pos. - will let the stop be at 849 - but its not looking great
XEM stop loss 1619 - super wide ...but also there a 0.4btc pos now and the volatility is so high in that coin.

if btc goes to 4800 now its possible to see some nice gains in the coins.

good night

jeez BAT stopped out at 3513 - breakeven Sad  -now trading at 3650 ...

Trades like posted:


i still like the candles in daily chart but dont want to enter here. maybe if it drops down to 3550 again. annoying since it was an 0.8btc position.







long 47600 GO at 0,00000872 -stop 849

GO was strong the last days - today huge drop - but also a 20% bounce. i am long here the support area. but with a tight stop. BTC is scary atm.



sold 47600 GO at 0,00000956 for  9,6% or 0,04 btc
Trades like posted:


nice trade, very happy with it.   maybe re-entering betwen 900-910





Decided to take profits since its a good chance that btc will find resistance at 4600.

sold 2nd half NANO at 2618 for an average gain of 11,4% or 0,1btc

26.50 is resistance. since iam able to trade today during the day, will try to get in deeper again, same with BAT and GO, and also XEM


trades like posted:



here the nano long motivation

22 K are is a strong support
=> prior resistance in August, then support in the break out
=> 78.6 retracement zone from the move up to 56k
=> twice did nano successfully bounce off 22.25 K yesterday