Ok guys. If any of you are following my previous crypto CFD trading experience, you will know that I had some good time in September, and give them all back in November and finally lose the entire account. It was only $300, so it was no big deal. But it clearly reflecting my greed and fear of being hodling blindly without absolutely no fud in play can be extremely dangerous!
Apparently, the could itself is a very laggy combination of STEP MOVING AVERAGES, but with time shifting. So, once the cloud being plotted on the screen, it forms a shadow of the past history on the future. What amazing here is, if candlesticks below the clouds, the could will act as a resistance. Most of the time market price will reject when hitting the clouds from below and will bounce and go further down. Vice versa, if the candlesticks is above the cloud, the cloud will automatically act as a support. Checkout the chart above, despite I have a buy position, which is in profit. But the chance are, it may bounce and head down again. So, I guess it will be good for me, close the buy and change it to sell. This time, I am going to put a set of stop loss for the sell position.
So I have closed the XRP and reversed it for a SELL position. I am just going to forget about the percentage of how much is it going to lose. I have use a chart trading and left the stop loss on sitting slightly inside the cloud.
Here's another chart of TRX which I bought some at a good price. For all you know, it recently made a small bull run, and those candles has already punched through the clouds. So, I'm going to set my stop loss at the upper side of the cloud. If price came down and touch the cloud, I will be out with less profit but still to protect the position from losing it all.
Today, I have closed both XRP and EDO and reverse them according to the Heiken Ashi clouds. This will be the only time you can see all the statistics in one go. Next time will have more trades running or closed, we will not be able to see everything at one glance. Anyway, current status is, I am still more then 10% gain. Running positions is also on the positive side with a clsoed 50$ position. I will come back and update again once I have more trades reversal/position/adjustment going on next time.
I would like to thank all my friends and family who has been supporting me. Feel free to leave me feedback by clicking below yellow banner. > 谢谢大家一直以来的支持和对我疼爱有加。如果方便，请你点击下图到我的个人资料网页为我留言请我吃星星哈。
