40) ETH/USD SHORT Turtle S1 Breakout trigger (17-Feb-18)

Are we finally seeing the Crypto markets wake up or will this prove to be another false alarm. More dreams dashed? As a mechanical trader these are not my concerns. My strategy has triggered a buy so we are in the trade. Simples!!

ETH burst through the 20 day high as shown on the chart (pink box). Position 1 & 2 triggered at the levels shown with a 1N position size. I have no further position size because this trade is still against the trend of the market, as such I have reduced my risk exposure.

Stop Loss is set at 2N below P2 at the level shown which is in play. Exit level (yellow box) is below the SL so is not active.

I will post updates below, so please smash the like and follow buttons!!

This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.

"Luck is what happens when preparation meets opportunity"

TO SEE RESULTS SO FAR FOR THIS STRATEGY (ALL 39 TRADES) SEE THE LINK BELOW

Trade closed: stop reached:

These choppy markets suck.

Trade closed at Stop Loss level of 127.98. % Loss of 1%.

See related trade below for summary of all 40 closed Turtle Trades.