I have not put a take profit yet because I can’t measure it just yet!
I adjusted the sl one last time and got taken out with a small profit of $11
So far so good.
Just curious (am always curious about this), why do you trade crypto rather than forex or futures?
Initially I chose crypto because of tight spreads at demo account. I have traded a bit forex in the past but wasn’t profitable. As for futures I wanted to trade on binance but found out my country is banned from trading futures
Second trade of the day!
Ignore the lines as they help me structure the trade.
Let’s see how it goes…
Take profit was hit!
+$85
New stop loss for was hit!
-$28
What strategy do you use?
Multi timeframe analysis inspired by Alex Elder with the use of M5 and M30 timeframes. 20 EMA gives me objective view of the trend in both time frames. I wait for a reversal that goes in the same direction as the trend. Enter on stop order. Take profit is a measured move.
No trades today…
Didn’t find a great setup!
Didn’t force it.
W trader move!!
Can I see a view of how to make journal look like mate
Lost it!
-$51