SerenityTrading - Daily Market Updates!

[AstralWonder]

I've had quite a bit of success trading Bitcoin and Litecoin, and I'm working on creating a quality trading community where decent traders can post. The current trading and analysis communities for Bitcoin and Litecoin out there lack quality. My goal is to create a quality trading community where actual quality price action traders can discuss the markets.

I've been trading since 2013, and I believe that I've gotten a strong grasp on my strategy at this point - and my results have reflected that.

This topic is for general analysis of the market - both Bitcoin and Litecoin have presented great trading opportunities recently. I may post setups in the FX markets from time to time as well.

There is no paid service here - only good traders will be allowed to become a part of the exclusive area of the forum for discussion.

Things that a part of my trading:
Price Action Analysis - Patterns with key levels
Trading Mindset

Things that are not a part of my trading:
Moon Cycles
Manipulation Speculation
Orderbook Speculation
Indicators of any kind, besides pure price action. I do not look at MACD, RSI, or even volume as all the data is already implied into the candlestick charts.
Fibonacci
Cyphers, bats or whatever.

[bigtimespaghetti]

Seems like a cool topic- look forward to reading more!

[AstralWonder]

^Oh cool, a response :p

Also - I've got a YT channel I started posting on. There isn't a Bitcoin or Litecoin trade yet on there, but there will be soon after I edit the clip and upload it.

There is however, two forex trades on there:
https://www.youtube.com/watch?v=0Pz7A-iF0ZI
https://www.youtube.com/watch?v=W6wpjbC2TVc

I look forward to increasing the video quality over time as I'll get better with editing.

As for the market right now, it seems that there isn't so much liquidity at the moment - and today is a weekend day too.

[bigtimespaghetti]

^Oh cool, a response :p

Also - I've got a YT channel I started posting on. There isn't a Bitcoin or Litecoin trade yet on there, but there will be soon after I edit the clip and upload it.

There is however, two forex trades on there:
https://www.youtube.com/watch?v=0Pz7A-iF0ZI
https://www.youtube.com/watch?v=W6wpjbC2TVc

I look forward to increasing the video quality over time as I'll get better with editing.

As for the market right now, it seems that there isn't so much liquidity at the moment - and today is a weekend day too.

yeah, weekend and US holiday- but Greek referendum tomorrow, which has potential to impact market mood. Look forward to watching your videos.

[klee]

Keep up the good work!

[AstralWonder]

Keep up the good work!

Well thanks

I'm not seeing huge potential with quality Bitcoin trades at the moment, but Litecoin has a potential trade setup.

[bigtimespaghetti]

Keep up the good work!

Well thanks

I'm not seeing huge potential with quality Bitcoin trades at the moment, but Litecoin has a potential trade setup.

I'm going long litecoin around these levels for the first time in a long time. Let's see how it plays out!

[AstralWonder]

Keep up the good work!

Well thanks

I'm not seeing huge potential with quality Bitcoin trades at the moment, but Litecoin has a potential trade setup.

I'm going long litecoin around these levels for the first time in a long time. Let's see how it plays out!

What timing that was lol.

I'm in on this too, recording the live clips. Out about 1/4 at the moment. Looking for the fiver hopefully.

[bigtimespaghetti]

Barely a quarter of my order got filled, but ridiculous timing I know :-/ Oh well, better than not being in it! Seemed like ltc just caught up with btc's for now.

[AstralWonder]

Barely a quarter of my order got filled, but ridiculous timing I know :-/ Oh well, better than not being in it! Seemed like ltc just caught up with btc's for now.

I'm 100% out of this trade now - not sure where it's going next. Will edit/upload the trade maybe today/tomm. or next weekend.


Update/Edit:
Trade details - Got a 5:1 ratio, and I closed because some people were impulsively selling down in BTC.

[bigtimespaghetti]

Barely a quarter of my order got filled, but ridiculous timing I know :-/ Oh well, better than not being in it! Seemed like ltc just caught up with btc's for now.

I'm 100% out of this trade now - not sure where it's going next. Will edit/upload the trade maybe today/tomm. or next weekend.

My trade is small enough I'll let it ride with a trailing stop. Still think it could have legs with Greece ect...

[AstralWonder]

Not entering with as large of a position this time - but there's a possibility for a move up to 5 really soon. If not, the loss is very small (about 4 to 1)

I believe this is also a lower-probability type trade than the last one I posted. But it is worth taking if one knows how to manage it well.

EDIT: Looks like it's probably not happening in the short-term.

[TaurusBit]

Subscribed. 

[AstralWonder]

I think I will apply Ichimoku technique for future trades on the higher timeframe, as managing these mid-term trades seem to be a weakness in my trading as I couldve gotten potentially a 9:1 or 10:1 instead of a 5:1 and tripled my account instead.

Subscribed.  

Awesome, welcome :p

[AstralWonder]

This next move up - if it materializes - should be much slower than the last. So care for that. I think that there's at least a 50% chance of this happening, with a 4.88:1 R/R giving this a very high EV.


Update - I'm out, made a high +R, and will publish the video at some point this week.

[AstralWonder]

I just exited a long on the USDCAD for a +6R trade.

I have video clips for this too - I've almost gotten around to making videos for these trades - just has been a lot of trades this week. Should get things up by this weekend.

[AstralWonder]

Just uploaded a +6R trade on my channel.

It's not a cryptocurrency trade, but since it's very high +R I'd like to share it here too: