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philipdinu
11 nov 2017 17:34

LTCBTC - Daily Edge to Edge trade Lång

Litecoin / BitcoinBittrex

Beskrivning

LTC has entered Edge to Edge trading zone on the Daily. I'm expecting a Volatile move upward to touch .0120 satoshies.

Handel aktiv

Best Entry would have been on the 4HR Heikan Ashi Doji formation. Entering here since the Daily cloud is showing a target profit of +25%.

Trade stängt: Stopp nått

Trade closed. SL hit.

Kommentera

With price closing in the channel again, could be another opportunity for a long trade. I'll be watching for a bounce off the bottom channel.

Handel aktiv

Entered positions on the good looking 4HR HA momentum candle after the doji.

Handel aktiv

Still waiting..

Kommentera

Price has retraced to the 4H kijun which also correlates to the FAMA. Opening up a few additional orders here with a tight stop in the cloud:



4H cloud view:

Kommentera

Holding until price closes below red cloud:

Trade stängt: Stopp nått

Closed positions, SL hit.
Kommentarer
legi4
Please give the script emama_lb ekoronin fix :)
philipdinu
@legi4,

Hello, the indicators I'm using are created by John Ehler, I highly recommend studying his trading approach. The specific equations used for the moving averages above are here:

mesasoftware.com/papers/MAMA.pdf
legi4
@philipdinu, Thank you.
Mer