If you are that confident try to front run the algo’s by pulling the fibs from the candle bodies rather that the wicks. Ladder in some buys.
Author: warwick mayson
Trade 3
7 October, 2018 XBT Short Entry: 6336 Exit: 6490 Stop: 6490 Target: 6592 RR: 1.61 Capital Loss: 0.63% FOMO. DO NOT FOMO TRADE!!!! This is the worst yet. No analysis, just FOMO’d a short on a 1.89% dump. Got trapped. Underwater straight away. Didn’t touch the stop. Buyers in control of the Order Book. DO YOUR TA!!!
Trade 2
6 October, 2018 XBT Long Entry: 6371 Exit: 6436 Stop: 6213 Target: 6592 RR: 1.40 Capital Gain: 0.27% Revenge trade for trade 1. DO NOT REVENGE TRADE. Lowered stop this time. Didn’t move it this time. Got freaked out by normal volatility and closed to early. STAY IN THE TRADE