Trading Journal - BTC - Money Pile Up 1.4%

Started the day with a successful trade, Huzzah!

I'm basically full time in crypto now, a little scary and a lot of work to get things going but I remain optimistic about the future.

I haven't had a 9-5 in nearly 10 months. I was able to work as a trainer until further lock restrictions nixed that. Now it's crypto full time for the foreseeable future.

Recap

Woke up around 8am and checked the charts, BTC had pretty much taken a nose dive overnight from 36k down to 33k. There was still some down trend action to happen and it wasn't until about 10am that I really started to see my setup unfold.

Once the signals said go I was in and out within about an hour. Now I wait for a reset on the charts. by the looks of it it could be hours, but I must be patient.

Left a bit of money on the table but I've still got the training wheels on.

Strategy

Today I used my 2 Exponential Moving Average indicators strat, set at a length of 10 and 20, combined with a glance at STOCH and MACD from time to time.

When the 10 crosses the 20 and price breaks out, I wait for a bullish candle and a price re-test of either EMA. 1 Hour looks good, 5 minute looks good, 1 minute looks good and it's go time.

Entered: 34,336.84
Exited: 34,905.87

In different circumstances I would have possibly been able to ride this higher, as I waited for the 10 EMA to cross back down below the 20 EMA. Buut, with the 35,000 price coming up quickly I exited knowing there would be resistance and volatility at that point that I didn't want to deal with.

Todays Goal

Money pile up by 2%, so still a bit of work to do to reach my goal for the day.

Ciao for now,

@agr8buzz

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