solusdt long#solusdt
ep:80$
tp:122$
sl:long
market:spot
side:long
time:90day
gain:53%
Ask me all questions
mohammad majdabadi
** warning
Disclaimer: This analysis is only for people who specialize in risk and capital management and for others there is a possibility of losing all or part of the capital. **
Scalingin
NI225 Breakout anticipation I see ascending triangle so have placed buy stop above resistance because I'm anticipating the resistance level to be broken, I have a hedge order to reduce drawdown and a buy limit to scale in if it goes against me too.
USD/JPY correlation also supports this breakout idea as its showing a descending triangle
[Intraday Trade] EURUSD to upside with scaling inAnalysis had already been done yesterday for both EU & DXY (for details review linked ideas). This is just the ongoing result of those ideas.
We finally got the impulse as DXY has been losing strength. DXY is currently consolidating but hopefully we get another impulse down to push my trades further up.
I sent multiple updates about the big H&S (for details review linked ideas) and then the small one being created on the last drive down. The measured move of the small H&S has already played out. If the big one plays out, the payout is going to be huge.
I entered the first trade, with my original targets. The second trade was entered with my standard TPs.
The second trade was entered late as my strategy gave a late signal. But its all good as long as this continues up.
Just a reminder COT data shows alot of longs so normally this trade is with the smart money.
Keeping my fingers crossed for smoother DXY price action to the downside for continuation of this trade.
Trade Safe!
HEET
ps. Aside from this trade, I am also in GU, GJ & UCAD which have all hit TP1 and are now risk free.
Bitcoin and scaling your betsHello,
If you are like me and think $1,000 will be the bottom for bitcoin and want to start scaling in now in case the bottom is higher, here is how I recommend going about it...
This is on my twitter, I am literally just going to ctrl+c and ctrl+v :)
"Just explained this in the discord group, but here is some math for scaling into your trades following a martingale-ish strategy. Idea is to double your bets each time. 6 -$500 decrements left. That's n*2^6 = 100% of the capital you want in. n is 1.5625%. This means at 3500 you go 1.5% in, at 3000 you put in 3%, at 2500 you put in 6%, at 2000 you put in 12% and so on... sum of %s should be risk limit.
This is a "preferable" way to scale in because at each level lower your risk is lowered and so deserves more capital allocation."
Hope this helps,
-YoungShkreli