What’s up legends!
It’s been a while! In case you weren’t aware, I was really sick for just over a week so I didn’t open any new trades during this time. If I can’t be fully focused, I’m not committing money, that’s my rule.
Before I get into this weeks trades, I just wanted to give you an update on where my long term leveraged swings currently are. I have a short position and a long position down below.
So let’s get to it!
Long-term Leveraged Swings
Trade One: BTCUSDT Sept Contract
I can hardly fit this trade on one screen anymore but I’ve covered my entry and partial TP’s in past newsletter so won’t go over it again. At its best point it was a 39:1 RR but I’ve taken profits on this many times. I can’t work out the final RR til the trade is completely closed.
I haven’t closed this trade because I’m not really convinced the bottom is in for crypto and the markets in general. My complete exit point will be if BTC recovers it’s entire daily vector candle and if it does and continue beyond that, I’ll close this. High doubtful but you never
[...]
Creating freedom through Crypto as a Community