steemit self improvement Trading diary: Part 3 Bitbay

in #cryptocurrency7 years ago

Macro: Upwards
Trend: Strong downtrend
Intramarket: Bitcoin unclear, downtrend

KloS? done

OBV: not useful

Scenario cast:

Fibonacci conditions:
midpoint 62% -> slightly ok
H2 80% fibonacci -> good
H3 90% fibonacci -> good
Symmetry -> good

Swing momentum: -> very good
Complexity: -> very good

Fundamentals:
News? ->

Use pending order: done
RRR -> 2
early entry justified? No, but late entry possible

Target: 722
Stop loss: 519

Trading Size: Small because of small RRR
putting orders in the funnel post breakout for potential 2nd chance.

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overperformance! keeping some for higher