Alekznder

Trade Idea #39 - $BTCUSD - Long on the News

Long
Alekznder Updated   
BITFINEX:BTCUSD   Bitcoin
Well I switched tracks completely last night after coming across some interesting news.Good thing too; as the last chart was almost stopped out today. I haven't traded news in while but lets see who this plays out.

USMC Bitcoin Auction - First Blue Bar

www.coindesk.com/us-...l-silk-road-auction/

Electronic Currency Regulation on Agenda in China - Second Blue Bar

www.cac.gov.cn/2015-.../13/c_1116803995.htm
Comment:
Sold 1/4 271.50. Average buy now just below 263. Stop just above this level for zero risk. Will hold till make or break.
Comment:
Covered 1/2 near $290.
Comment:
See chart below.
Trade closed: target reached
Comment:
Big 14% gain. Any lessons to learn? Don't manage your upside... could have been 22%.

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