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Crypto Trading Notes
Crypto Trading Notes
Crypto Trading Notes
Execution:
Risk management: If first red/black candle has RSI > 70
- Biggest cut is only 1 percent - Initiate stop and go
- kung technical cut na less than 1% yun na yung itake - Buy on breakout of first red candle
- low ng previous candle or low ng BO candle yung If consolidation is greater than one red/black candle has
gamitin for cut loss point. RSI > 70
- Initiate CH play
- Buy on breakout of consolidation
TP:
If pullback has RSI <70
- 3 to 5 percent max
- Initiate swing trade
- Buy on support plus EMA 9 or EMA 20 confluence
Holding and Selling Rules:
pag 2% gain, move trail stops at breakeven na
pag 3% gain, move trail stop to 1% na
pag 4% gain, move trail stop to 3% gain na
- Hindi mo na kailangan pa antayin yung candle
close para masabi na nagsnap na yung
EMA9/EMA20
- Pag bumalik na sa previous darvas box na yung
- The reason why hindi binili yung BO after BBC
price, it’s okay to breakeven
because hindi siya ideal na flag pattern.
Things to remember: