Okay.... first of all, pic related is the price right now. The price is drawing a perfect Inverted S-H-S.
>You can see how to trade this pattern here:
>http://www.forex.cat/education/175-shoulder-head-shoulder-formation-normal-and-inverted
Now, what you have to do.
1) Create an account here: https://www.bitmex.com/register/dDiejw
2) Put some bitcoins into your account. You don't need many bitcoins there because we're going to be using margin trading.
3) Press on Bitcoin - Perpetual Swap (1st Tab)
4) On the left menu place a STOP LIMIT order as follows:
>Contracts: Whatever but i would recommend minimum 500.
>Limit price: 2811
>Stop price: 2810
>Leverage 25x (This will cover the stop loss area)
>Click BUY
5) Now place a LIMIT order:
>Contracts: Whatever but i would recommend minimum 500.
>Contracts: THE SAME AMOUNT (This will close your position)
>Limit: 2949
>Click SELL
If you did everything right, then the first order will be triggered if the price goes over the pullback (Which means the pattern is confirmed), and if the price goes over the pullback it will skyrocket to 3310. The reason we're not closing our position @3310 is because i believe it wont go straight forward, we will stop for a while @ 2950ish so we need to protect ourselves since we're paying interest when operating in this manner. This way, the interest (Which is similar to the fees) will be very small, and our proffits big enough.
Remember to tip me. If i don't get tips after this yuge success i won't come again.
16jc5NWH4CS6N1co3Na44afiZXmTakipim
>>2542215
>register/dDiejw
>dDiejw
>jew
>referal
Your tricks doesn't work on me you kike
>>2542215
I trade with leverage and I agree on this. Good job anon!
>>2542215
Nice try, faggot cunt
>>2542221
Lol I didn't see the referal. XD but the strategy is solid. Its just about the same I am using, except he is playing safer.
This will provide benefits for anyone who uses it, tho
>>2542228
>>2542244
Thank you man. Nice to see we're both on the side of the winners. Now let's wait for money
>>2542215
You can't use this exchange if you're from the US?
>>2542281
Profits are made in bitcoin. Just spoof your location with an VPN. You can use this
https://chrome.google.com/webstore/detail/unlimited-free-vpn-proxy/jpgljfpmoofbmlieejglhonfofmahini?utm_source=chrome-ntp-icon
Try it on /pol/ to see your new flag.
The exchange doesn't ask for personal info.
>>2542310
Thanks. I'll try it out when my next BTC purchase goes through.
How much BTC minimum do you need to start trading like this? Like 0.01?
>>2542391
The operation i described, traded with 100 contracts, would cost 0.0004 btc.
Profits can be as much as 0.04 btc
BUT if the price drops below 2722.5 usd (unlikelly) you will lose part of your bitcoins (that's why we don't use a cross order, so we can isolate the loss in case we're wrong)
Do I want to close on trigger when submitting the Buy order?