Short

Updated

Bitcoin / Trade like institution not like retail

Hello Traders .
I'm posting this to inform you of one and only indicator witch is Unfinished Auction .
Not many platform have that tool and if they do you have to sigh in and pay for this information with many others .
I have nothing against classical charting but some tools that are provided to the professionals work the best and they are not available to average JOE....
In my previous post I warned you not to FOMO and as you can see we did came back down but we did no hit the level I'm looking for . We are still in same situation but this time we didn't pump as high as last time from same level .
I know that you can use different strategies and many indicators out there to predict the direction of the asset and there is nothing wrong with this .

I want to share with you and inform you about one indicator that its the best in my portfolio of indicators and it never fails . I have tested at least hundred of indicators out there and strategies . But I always wanted to know more and educate myself by continuously reading and looking for more tools and listening to big traders on how they do and became successful. I'm taking trading very serious in my life at this point and Im planing on living from it and invest my gains in different assets mainly Gold related I already have couple of gold mines and I'm looking on more in order to have smooth retirement. I don't trust anyone and don't follow anyones trades . I do look on their calls and compare them with my strategy that is all . . . ( I have bean in trading rooms and also in many pump groups in my past history of trading traditional assets and guess what I lost all if my gains eventually . Same as people that I followed some strategy with out having knowledge on what I'm doing and why I enter the trade I just wanted to make easy $ Guess what only lotto will deliver that but you have to play ) With Bitcoin on the market I came back to trading but have totally different approach with it. I have worked hard to become more confident and to be better with my trades and have better comfort when how and why I enter my trades .

If you don't know what Unfinished Auctions are their is probably reason behind it please educate yourself on it and maybe it will change your approach to trading in general . Yes I have bean short since this morning and have bean adding more small positions on it because auction its NOT FINISHED . If you follow you know that I trade 100X so taking and closing some of them here and there its just my strategy I have and i like to lock on my profits . Greed will take it all one day and its worst enemy to traders IMO .
Feel free to share your opinion . Working together and sharing opinions makes us only better .

Trade active

Here is the look for my platform I know its busy but I know how to read all this and I like this way . You can probably come up with some ideas by looking on it and see price reaction.

Trade active

Just added another short at 8400. How high their going to push will see . Not panicking here at all .

Trade active

Short on that triggered as well at 8560 its doing well other are bleeding for now .
I have conclusion who push this time we have another one that was on Bitmex . At around 8230 . . Holding all for now and looking on how the mex will resolve . Pull back should start accelerating soon or its going to be slow and painful with liquidating others longs . .

Trade active

Taking profits from 8560 short here that covers 30% of losses form others 8400 kicked in . I know you probably thinking why but I lock what I get for now . This was close call for me and I wasn't expecting for this to pump like this so you never know what is next it just shows you how distribution works . Retail pushed higher and got dumped on and they might fomo again and they will get what its expected more distribution . Keeping rest of shorts open and flowing the plan . If this pumps I will add another one .

Trade active

mex on right . Open books from others on left .

Trade active

Here is the example of last Mex pump and its finished like I mentioned in my post . Clear picture look at all buys going to the top and ... we all can see what happened

Trade active

Here is example of Auction on the other end on Coinbase . Price will be coming back to that area . Its how I do my large short term Scalp trades .

Trade active

Price its stuck for over 6H now and not doing much of the move . Why you ask ? They stacking up the shorts to push higher and liquidate them . Small of the price move but it will throw retail off again and maybe trigger some longs above . Make retail go long again and dump on them again as expected . Since we know where we are going . Its the game they play and I'm watching all this . Simply manipulation .

Trade closed manually

Closing rest of my short positions . 8.203 8.590.8.317 8.327 8.339 8.405 8.282 . at 8050 . Locking profits and moving on .
Cheers players . Including one long from 8190 with small losses compare to all gains . Personal reasons , Wish you all best .

Trade closed manually

I will leave you with this . I did some digging . I think you will get the idea by looking on patterns here . And my latest post was incorrect IMO. Still trying to find out more and I will come back when I wrap my head around it but I think I have the more understanding on how this all works now .

Trade active

Mex pumped again . Coinbase will probably close before Binance.

Trade closed manually

Our institutional thinking was correct . And my previous experience with all this was correct . Wee needed additional push from some one in order for this to play out and MEx did it here we are and CB its done . It will throw public and you will see charts going on wave 1 or any other strategy . Adam and Eva or everyone will be thinking that 8K was the bottom . Will see how much higher moon boys will push all this is 8555 is possible . :) IDK but possible . We know that we are going back to MEx levels and to Binance levels . Thinking if you have something for sale and can sell it for higher price totally worked out for institutions . Herd followed to their trap . And price will drop way faster then on the way up . Now you understand why I take profits because you never know what platform will do what . You have to watch as many as you possibly can in order to understand whats is happening . You cant predict whats next but you can have general understanding on whats going on. Heavy bags that THEY just filled will be drooped on their heads IMO . And longs will be liquidated very fast . Bloody Sunday night ?

Trade active

OK . So here we go . I had this Chanel for some time but never decided to do anything with it . I feel that this could be a good time to maybe open the doors . I'm not sure how to go about all this jet . Lets see if anyone its interested and im open to ideas and suggestions . Channel its on telegram and here its the link .

This channel its dedicated to trading ideas . Main goal its to improve your skills and share your experience on how to trade and be consistent on your profits . Please be nice to each other or you will be removed 4 good.://t.me/joinchat/AAAAAEmHDt9tGQipG2LzDA

Trade active

I hope you guys are making profits like I do ;)

Note

Since we know whats going on . Please share .... if you can

Note

if we bounce here a little no panic . They are filling all the longs . .

Note

We can go and check 8223 area from that chart . You know the drill with the rest . I will post if anyone pumps on higher note . target on Mex remains the same 7944 . I think they will come back for a little but you newer know . Party might keep going down .

Note

This should work t.me/joinchat/AAAAAEip25OxWg81pdVePQ Its private channel .

Trade active

Target one in the bag . hope it worked out for you .

Trade closed: target reached

Note

Now you see that this never fails . Its the best tool all of all and You can take all other indicators and throw them in the garbage they are all cool and all but never will give you confidence like this . Now you know why I do trade 100X and don't sweat as much . This was the biggest play of the year as I mentioned in one of the conversations .. Working on that channel, apparently I need Group in order for you guys to be able to chat in it . Cheers players please share your comment if you made profits on this play I know horseandhound did .

Trade closed: target reached

Closing all here at 7408 and That is all for this trade .

Note

On of the losses was that long that I posted . Other one was fat finger no lying . Clicked wrong mouse . I have multiple computers and this one was sitting on close button . I have one click trading setup . Losses ware nothing compare to wins . This is how full transparency looks like .

PTO

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

PTO