Nevermorejk

BTC Swing Trade (mechanical system)

Long
Nevermorejk Updated   
BITSTAMP:BTCUSD   Bitcoin
New Thread continued from previous post:
Position currently open with no stop loss. First TP as marked.

Stop loss is the system itself calling a close of the current position and opening of a new one.

I will update when the system calls a new position, or if the TP is hit. System uses daily candles so will only update on the new daily open.
Comment:
System calling for a close long/ flip short, but I want to see it break below this daily ob before I will follow that call.

Comment:
Price has risen from that level indicated so I held my long.

It was the weekend, so I missed this update yesterday, but system flipped long again yesterday/today. Will continue adding to this long on dips for now.


Bitstamp:

Bitmex:
Comment:
Was possible to close the last long in profit, instead, I hedged short from 6440 (posted in Discord)

System still just showing sideways consolidation, but not calling for a new short, So I am leaving my hedge open and my long for now. Will update if I decide to close my long. The hedged short has a stop at entry.


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