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philipdinu
11. Nov. 2017 17:34

LTCBTC - Daily Edge to Edge trade Long

Litecoin / BitcoinBittrex

Beschreibung

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

Trade ist 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 geschlossen: Stop wurde erreicht

Trade closed. SL hit.

Kommentar

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.

Trade ist aktiv

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

Trade ist aktiv

Still waiting..

Kommentar

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:

Kommentar

Holding until price closes below red cloud:

Trade geschlossen: Stop wurde erreicht

Closed positions, SL hit.
Kommentare
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.
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