BTC.charts on Nostr: Position Trade idea: ₿TC/ USDT Trade on the Day chart. Trade in the direction of ...
Position Trade idea: ₿TC/ USDT
Trade on the Day chart.
Trade in the direction of the SuperTrend.
Consider trading waves 2-3 and 4-5 as the best opportunity for a long term position.
*Choose an appropriate stop loss.
**Risk no more than 5% of your account.
For a Buy: Open price > lower line and entry < mid-point to upper line.
For a Sell: Open price is lower than upper line and entry < mid-point to lower line.
Move to break even when the price touches the following line.
Open a second position in a new upper/lower grid pair, if the previous position is at break even or in profit.
Trail the stop loss one grid line below the entry candle (in this Buy example) that has touched the upper grid line.
Less than five minutes a day of analysis and execution.
DYOR Do your own research.
Figure out for yourself what refining Grid/ SuperTrend conditions may work for you. And what other indicators may be helpful.
You don’t need to depend on/listen to anyone to consistently turn smaller amounts of money into larger amounts.
Want what the market wants. In the ebb and flow all things are possible.
Have fun. Grow your Legacy.
***For education purposes only.
Trade on the Day chart.
Trade in the direction of the SuperTrend.
Consider trading waves 2-3 and 4-5 as the best opportunity for a long term position.
*Choose an appropriate stop loss.
**Risk no more than 5% of your account.
For a Buy: Open price > lower line and entry < mid-point to upper line.
For a Sell: Open price is lower than upper line and entry < mid-point to lower line.
Move to break even when the price touches the following line.
Open a second position in a new upper/lower grid pair, if the previous position is at break even or in profit.
Trail the stop loss one grid line below the entry candle (in this Buy example) that has touched the upper grid line.
Less than five minutes a day of analysis and execution.
DYOR Do your own research.
Figure out for yourself what refining Grid/ SuperTrend conditions may work for you. And what other indicators may be helpful.
You don’t need to depend on/listen to anyone to consistently turn smaller amounts of money into larger amounts.
Want what the market wants. In the ebb and flow all things are possible.
Have fun. Grow your Legacy.
***For education purposes only.