Trade Idea #39 - $BTCUSD - Long on the News

٢٠ أكتوبر ٢٠١٥

Well I switched tracks completely last night after coming across some interesting news.Good thing too; as the last chart was almost stopped out today. I haven't traded news in while but lets see who this plays out.

USMC Bitcoin Auction - First Blue Bar

coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/

Electronic Currency Regulation on Agenda in China - Second Blue Bar

cac.gov.cn/2015-10/13/c_1116803995.htm

٢١ أكتوبر ٢٠١٥

ملاحظة

Sold 1/4 271.50. Average buy now just below 263. Stop just above this level for zero risk. Will hold till make or break.

٢٧ أكتوبر ٢٠١٥

ملاحظة

Covered 1/2 near $290.

٢٩ أكتوبر ٢٠١٥

ملاحظة

See chart below.

٣٠ أكتوبر ٢٠١٥

أغلقت الصفقة: تم الوصول للهدف

٣٠ أكتوبر ٢٠١٥

ملاحظة

Big 14% gain. Any lessons to learn? Don't manage your upside... could have been 22%.