Professionals throw their hat in the ring

As emotions run high, crypto is becoming a trader's utopia but not if you don't read charts. It is likely no coincidence that the recent action is likely from the two power houses from Chicago entering the ring; CME and CBOT bring with them a multitude of professionals that look for this type of action.

  Price Shares Cost Returns R/R
Green Channel 6.92:1
Buy 12,600
166.66666667  
Reward 25,200 333.33333333 166.66666667
Risk 10,780 142.59259259 -24.07407407
Cancel 17,910    
 
Blue Channel 4.96:1
Buy 10,780
333.33333333  
Reward 20,890 645.94928881 312.61595547
Risk 8,740 270.25355597 -63.07977737
Even 11,325.29182879      
 
1st Trade exit @ reward target 109.65608466  
Total Reward from all applicable channels 422.27204013  
Total Risk from all applicable channels -114.13797842  
 
Red Channel 3.05:1
Buy 8,740
500  
Reward 15,358 878.60411899 378.60411899
Risk 6,570 375.85812357 -124.14187643
Even 9,866.09628489      
 
1st Trade exit @ reward target 36.48148148  
2nd Trade exit @ reward target 141.55844156  
Total Reward from all applicable channels 556.64404203  
Total Risk from all applicable channels -334.08312566  
Action to take
Place buy limit order for 0.01322751 @ 12,600
Set sell limit order for 0.01322751 @ 25,200 AND Place a buy limit order for 0.03092146 @ 10,780
Cancel sell limit order 0.01322751 @ 25,200, Set sell limit order for 0.04414897 @ 20,890 AND Place a buy limit order for 0.05720824 @ 8,740
Cancel sell limit order 0.04414897 @ 20,890, Set sell limit order for 0.10135721 @ 15,358 AND Place a sell stop market order for 0.10135721 @ 6,570
Date Quantity Order Price Fill Price Commision Status Channel
  Activity Log User Date
Plan created Dave Friedel 12/22/2017
The plan has triggered buy level 1 since Tether USD / BITCOIN hit the purchase price of $12,600.00 STOCKPROCESS 12/22/2017
The plan has triggered buy level 2 since Tether / Bitcoin hit the purchase price of $10,780.00 STOCKPROCESS 1/16/2018
The plan has triggered buy level 3 since Tether / Bitcoin hit the purchase price of $8,740.00 STOCKPROCESS 2/2/2018
The plan has failed Tether / Bitcoin hit the last target risk price of $6,570.00 STOCKPROCESS 2/6/2018
Date Type Message Status
Total Records: 0 - Page: 0 of 0
Date Charity Amount Status
Total Records: 0 - Page: 0 of 0
  1. Check Plan Status

    Make sure the plan has not begun yet. Once InProgress, you will need to decide if you want to catch up.

  2. Review the Amount of Capital

    Each plan has a total amount of capital that may be used to execute. You can adjust the amount you want to assign to this plan & press Update & Review

  3. Set your Buy Order

    Each channel will provide a buy price and # of shares. You will want to set the 1st order as GTC at your broker

  4. Set your Reward Target

    When the first order executes, you will need to create an exit order at the target price

  5. Watch the Cancel Target

    If we hit the Cancel Price before the Buy Price, you will cancel the order as the plan is invalid.

  6. Set Buy Order

    When you enter your 1st Buy Order, set the 2nd Buy Order immediately. You can do this at the same time as the 1st order

  7. If 2nd Buy Triggers

    Set the exit for all the shares from 1st and 2nd at the 2nd Reward. This means canceling the 1st Reward target but you should also set the 3rd Buy Price.

  8. Changing your Mind

    If you want to exit the plan with no loss at this point, this is your break even price that you will need to set for all open shares.

  9. Risk for 2nd Execution

    The total risk for 1st and 2nd execution if you use the 2nd risk target to exit all shares.

  10. Reward for 2nd Execution

    The total returns for 1st and 2nd executions if you exit all shares at 2nd reward target.

  11. Repeat like Above

    You will repeat the same steps as above but for these price levels.

  12. Risk for Entire Plan

    If the 3rd Risk target is hit, this will be your total loss for the plan.

  13. Reward for Entire Plan

    If you exit all shares at the 3rd Reward target, this will be your profit.

  14. Interactive Chart

    You can press the Play icon on the chart and it will fill in the chart as days pass.

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