Not very excited to do this but a dollar is a dollar

5 באפר׳ 2020

1. Binance longs are supper indecisive like me. But overall, the are more bullish then bearish now. Thought it is fat moving indicator, it worked quit precisely in past. Funding is also positive, meaning longs are in profit which is bad.


2. Looks like a legit coil


3. Positive bitmex funding


4. Short hunt was successful


5. Bitmexicans are more inclined to long now.


6. Combined order book being bearish the whole week

7. Bitfinex loosers-shorts quit and decided not to short anymore. Longs are also not supper excited. So longs quit and shorts quit in the late uptrend - bearish.


8. Support is weakening


9. Okex longs/shorts are moving fast but overall over the past 2 days they changes from 0.85 to 1

Bullish thesis:

Bullish order flow

10 באפר׳ 2020

הערה

Though my stop was hit, this was a good lesson on what "not to do"

1. Do not rush
2. Remember the first rule
3. Memorize it even better
4. Wait until all signals get hit,
5. Do not try to play with emotionless market.
6. Do not get excited
7. Never
8.Ever
9. Ever
10. EVER EVER EVER