Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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ahh one wrong answer,

the answer is higher high (HH), higher low (HL)

good job for those that got it!

#learn
realise how btc 15m tf is moving in an uptrend, and hence market structure should HH, HL.

see how each low is higher than the previous

hence, my stoploss is placed BELOW the previous low with a bit of buffer for wicks, as the next low should NOT be lower than it

if not market structure is broken!

once market structure is broken, trade is INVALIDATED.

hope this helps! 😊

#learn
so before you enter every trade

know WHY you are entering it
- what reasons are there? indicators? price action?
- have TP in mind
- have SL in mind

without any of these clearly in your head, DON'T trade.

#tips
current position on btc
Crypto Mumbles
entered a SMALL CMP long #trade
once again, SMALL margin, margin i can afford to lose
every trade should be an amount you're willing to lose
shifting SL slightly down more to give more room

to... 33.3k
buying down my entry with another small margin 1%
new btc position
very nice movement from btc, respecting market structure
as mentioned, the close was still higher than the previous low, market structure still respected

trade still valid!
and there we go :-)
you can take some profits here if you wish,

if you are nicely in profits (20%++), take some profits and set SL to entry
did you profit with me? 😊
Anonymous Poll
50%
yup!
50%
missed it!
in this case, i took some profits, but left my SL the same as i don't have much buffer yet to shift it to entry
nice to see some profits from people that followed me in 😊