1-9-17 Bit Coin Can't Make up its Mind

Expecting a sidways day of choppiness --- Going to be scalping --- Just woke up so I am studying this chart and will zoom in and post my plays as I make them. I personally am beginning to think that this is just a setup for another consolidation based on the way that its trading ---- but the further you zoom out to like a weekly this could just be a blip on the radar. --- Making a new upwards channel today if it breaks I will redraw chart --- Updates to come. Happy Monday lets start the week off right with some profit.

코멘트:

broke out of yesterdays channel --- lets see if this new channel holds or if we drop back into yesterdays trend ---- too early to tell need some more coffee

액티브 트레이드:

Small Long ox XBTUSD might be a small bullish flag

코멘트:

Have my finger on the sell button if this drops beneath 6300 --- if it breakd down beneath the top of the last green candle its most likely not a bull flag

매매 수동청산:

Exited Long ---- Not getting any momentum ---- no position right now

액티브 트레이드:

Shorting XBTUSD at 901.50 --- Medium Size position -- think this comes back down:

코멘트:

broke back thru trend line flipped back to long very small position --- lost about .1btc in the wipsaw

코멘트:

added 2x my position of xbt at 890

코멘트:

added another 25k contracts for a total of 72k long XBTUSD

코멘트:

Will add trailing stop if we bounce back through 8300

코멘트:

holding tight think we make an upwards move --- negative a bit here but thhink we get up towards the 6400 range or about 905 on usd

코멘트:

Hanging on by a thread need it to push through 6250

코멘트:

Here is the move we have been waiting for putting in trailing stop loss and hoping it pushes higher. Taking half off the table at xbt 896 ---- slight loss but this rally is on small volume ---

코멘트:

Closed position at 897.5 --- this is rolling over

코멘트:

Started small short position at 895

코멘트:

larger short position now at 894 --- this thing had no momentum

코멘트:

back down to 6000 cny --- this thing just cant find its launching point ride it back down

코멘트:

flipped o that one at the right time lets see if this dumps now --- its falling out of my trend line

코멘트:

stopped out at 894 for small profit... Waiting for this to make a move upwards or down below the yellow --- hard to make money when no volume or moves --- other coins making big moves i anticipate bitocin will follow im ready to buy a break out