Those who follow my journals here know about patterns I am using for my trades. **
Now I like to show you a new profitable system with really easy to use rules!
It is about
BITCOIN aka btc$
and ONLY that one
What you need to have - counting knowledge included
• a daily chart with the btc$ vehicle
• using the daily chart with Heikin Ashi (not candles!)
• capability to see and count red candles up to seven or max. EIGHT
• a trading platform that executes your trades
...well tricky? NO
If you set up this easy to use system then we are ready to start!
The rules:
• we just trade longs - means green daily Heikin Ashi candles) - yes!
• we count just the red daily candles
• when we arrive at seven or eight candles (some green inside are not counted! and are not relevant) Then we take THE LONG trade on the next day
• we let unfold the long until a first red Heikin Ashi candle shows up - then we sell the long
Sounds easy?
It is...
In my next post I will elaborate the system with a handsome chart.
Good luck - and stay tuned!
GFIs1
** My normal trades here are just within a day (day trading). That system is about SWING trading over several days. Means of course more risk as overnight positions are normally more expensive. Check it out with your broker.
The following 11 users say Thank You to GFIs1 for this post:
As it seems by the next green round (chart in next post): by TOMORROW!
Therefore a long trade will maybe taken on this weekend.
Which is unusual for my longtime day trading on weekdays.
Happy weekend
GFIs1
The following 2 users say Thank You to GFIs1 for this post:
Thanks for compliments! Appreciated.
As you can see from my charts I am using a tool from Germany that makes nifty charts and combines it with realtime trading.
The company named BörseGo AG is providing the charts and trading on their website guidants.com.
It is easy to use and works on apps for the phone too.
No need for instable gigantic brokers combined with charting monsters anymore.
Happy Sunday - cheers!
GFIs1 (missed you on the wyschiff Zug a week ago!)
PS: the new system is taylor made for your nick: red green (Heikin Ashi)
The following 2 users say Thank You to GFIs1 for this post:
:-) finally I know the purpose of my nick-name - was never sure about it ...
Nov/Dec weekends are fully booked with family business, therefore, I was not able to join the wyschiff. but based on the pictures, seems to be a great event. hope to join some events next year.
-> to clarify: you are directly trade the BTC or do you have any leveraged instruments?
have a good start into the upcoming week.
cheerio
Tony
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