Sunday, September 3, 2017

MCO/BTC, TRIG/BTC

MCO/BTC (Paper Trade)



This is prolly the first day i've looked at cryptos other than the BTC/ETH/LTC and I've got to be careful since the smaller coins act slightly different.. This looks good at the 24kish mark.



Aaaaand exit just above 26k.. might revisit if it hits 24k again..


TRIG on 1hr chart has similar pattern as MCO on 5min chart..
Nom nom nom cloud... rebuy the bottom of cloud 24.4kish and sell just below the top of cloud around <26kish.. very speculative/quick scalp.. I wouldn't do this in real life..

* Update 2hrs later.. MCO did hit the top of the cloud and eventuall through it to 27k most likely a false breakout but enough.. i'm going to sleep.

TRIG/BTC



Trig's bounce off support was beautiful with volume at 14.5kish to hitting 19k.  It had a weird looking support at 16ish and flagged funny with bids popping in to support the 17k.  I got the 17k speculative scalp and set the sell just under 18k--5%ish.  This breaks the most recent 1h downtrend if I remember but will be ranging until volume or a catalyst pops in.

* Normally, I wouldn't scalp that but it's a small size and I did it so that I can find out how to efficiently put orders in on the bittrex website.. I gotta be careful though cuz it wasn't an ideal setup and that usually vaults me into overtrading like an idiot.

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