BCH true to form has hit my target for shorting ,just waiting on Btc. Can I stop winning? I don't think so. Follow, get tipped and laugh if I fail.
@stewbits22
Joined 12 February 2020 · 1111 posts
120 KT
0 KT received · 0 KT · $14.15 given
Posts
What do you do with a trade going against you but you dont want to use a stop loss? I have the answer, do you know what it is? I will use it in future trades without saying :)
My Ethereum trade has reached its target already, just waiting on Btc. Thanks to the three who commented, more trades coming soon.
18.10.22 10 cent tip for comment win or lose. New Trade Entry Btc Short $19529 Target $19138 Eth Short $1325 Target $1298.5 BCH (Observing) Short $$109.73 Target $107.5 Just for fun
BCH Bull releases on the 24th of October.
Trade update Btc 4 wins out of 4 Thanks to the 4 of you who commented .
There is a problem with tipping by QR code.
Eth is moving better than Btc which is moving better than BCH from a trading perspective. Ethereum off the same signals moves better in both directions and the timing is good. So I will cover the three currencies off the same trade signals so I can detect any changes in their behaviour relative to one another.
Trade analysis on existing BCH trade The trade was started on the 8th of October at $118.1, price dropped nearly 10% and I added a 2nd position and then dropped nearly another 10% and I added a third postion. That is a massive drop of 10% for a 2% profit target on each of the first 2 positions. Splitting the trade into 3 parts protects against this volatility and my entry rules wont let me add another position unless there has been a significant drop. Could I have improved my entries better than my current trade entries? The 2nd postion was added at $111.8 which I think is pretty good compared to the $109.21 low of that move. The third position was more disappointing at $108.27 which was just $1 below the low of the last move down missing most of the second down move. I have 3 choices. 1. Keep everything the same 2. Don't take the third entry if it is too close to the last move down. 3. Scale in on the 3rd position based on my 2nd position. I like a combination of 2 and 3. I don't see any value putting on a third position so close to my second and if I duplicate my entry for the second position it would have been 111.8/118.1 * 111.8 = 94.6% or 94.6% of 111.8 = $105.7 instead of $108.27 So my average entry would now be $111.9 with profit target of $114.1 compared to average entry of $112.72 and profit target of $114.97 Its just food for thought more importantly it is probably better to avoid longs on BCH altogether when you get 20% down moves on a 2 hour chart. Compare that to just a 10% down move on Btc over the same period.
16.10.22 Btc Trade 4 Long $19143 2% target $19525 Trade History 3 wins out of 3 10 cent tip for comment win or lose.
15.10.22 Waiting on the next Btc trade to go long Current BCH trade, I may just exit at the next opportunity or it hits my stop loss. Under current market conditions I will only be shorting BCH until things improve.
Btc trade is a winner. 3 in a row. BCH trades like a dog I hate to say. It is all just for fun and a bit of reality as to how difficult it is to trade and win.
14.10.22 New Trade Short Btc $19596 Target $19204 I called this one late because I was away from the pc. No trade for BCH 10 cent tip when trade closes win or lose. Just comment below.
14.10.22 Trade outlook I am waiting for the next Btc short signal. BCH I am staying out of until my current trade is complete. Trade so far Btc 2 winners BCH 1 winner 1 active.
Trade Results Btc target hit BCH trade is still live Summary Btc required only 2 positions to hit its target whereas BCH needed 3 and is still to hit target. Detail Btc 2 Positions on Average entry $19318 . Target $19704 hit -------------------------------------------------------------- BCH 3 Positions on Average entry $114.95 Target is $117.25 Third position added at 108.27 Average entry $112.72 2% target is $114.97
BCH nearly touches $100. BCH is not like Solana or all these other for profit commercial start ups. It has the pedigree of being the original forked coin on Btc. It is forgotten that the majority of miners and users supported it. But dirty tricks and lies meant it lost the name. So in short when it is this cheap it is like Tesla cheap.
Price has continued to weaken. I have one position left to add if I get a buy signal. Trade so far Long at $19517 target 2% or $19907 Position added at $19119 Average entry $19318 . New 2% target is $19704 -------------------------------------------------------------- Long BCH at $118.10 Target is $120.4 Position added at $111.8 Average entry $114.95 Target is $117.25
It is ironic that the biggest player in the destruction of the Western Economy are central banks money printing and interest rate policy. Ironic in that the dollar is seen as a safe haven and has risen against Bitcoin. It is almost like Stockholm Syndrome where hostages look to their captor for protection. This spell will be broken and soon. When it does we will see a paradigm shift in value.
A small town in northern England. Peace.
https://twitter.com/ClaireJardin1/status/1579431320962244610 This French politicians says President Macron never took the Covid vaccine.
Trade update Long at $19517 target 2% or $19907 Another position added at $19119 Average entry $19318 . New 2% target is $19704 -------------------------------------------------------------- Long BCH at $118.10 Target is $120.4 Another position added at $111.8 Average entry $114.95 Target is $117.25
I should have added this chart to the post below
Trade update on Long at $19517 target 2% or $19907 Price has been chopping around in the same area for 2 days. I am indifferent if it goes higher or lower. If it goes to a lower price area with a new buy signal I will add another third position and average my profit target between the two entries. If it goes higher and hits my target then awesome. This is just a 2 hour chart and the market is really dead right now.
BCH Fever
WW1 Fool me once WW2 Fool me twice WW3 Fuck off (((Zelensky)))
Earn almost 1BCH in 40 days by lending BCH in return for law Punks https://app.withmantra.com/app/market/order/0xd9fb2947ee6087effa56e1e5c146a677cea7625adbc89711bebc6f014d3a71ba?chain_id=10000
XRP is really going for it. It is now at 0.51 dollars
Gone long BCH at $118.10 Target is $120.4, (2% profit target) I may exit earlier if market changes. Still waiting on Btc trade to trigger. Edit: Long at $19517 target 2% or $19907 Edit 9/10 10.25am Another long signal at $19419, I could add another 1/3 position to my long but content to leave it. 10 cent tip to 10 comments on this post. Just for fun.
Joseph Ladapo, Floridas surgeon general says the rate of cardiac arrest in 18 to 39 year olds nearly doubles within 1 month of taking the Covid vaccine.
I got the price drop I was waiting on but timing still isn't right. Hoping to go long Btc and BCH tomorrow.