My aim with this blog is to be completely transparent about my trading journey so that others can see the REAL trading and investing experience of a beginner.
So the crypto drop happened as predicted by my mentor, Siam Kidd!
Total Invested £4110
Unrealised balance £3228.39
Forex/Indices/Commodities – Trading using FXCM
- NZDUSD – Short (S/R)
- GBPCAD – Short (S/R)
NZDUSD S/R analysis: Further pressure on USD allows NZD to close above the resistance. Resistance lines can be like elastic, so while this level may have been stretched, it could snap back down, especially if the USD recovers strength.
GBPCAD S/R analysis: Another one that is pushing resistance levels. Today it managed to stretch to the top of the identified resistance zone, triggering my entry or to go short.
USDJPY analysis: Continues long today again after re-tracing from the support zone. The MACD is close to crossing, so may look for a Lambo entry opportunity.
Total Invested £1000.00
Unrealised balance £990.94
- Cardano (ADA)
- NEO (NEO)
- NEO GAS (GAS)
- Ethereum (ETH)
- Life (LIFE)
- Po.et (POE)
- SteemIt (STEEM)
- Steem Backed Dollar (SBD)
- Tronix (TRX)
- Binance Coin (BNB)
- Quoine (QASH)
- Hshare (HSR)
- Experience Points (XP)
- Verge (XVG)
- Qtum (QTUM)
You can see my public portfolio on at: http://bit.ly/EXFCryptoPortfolio2
BTC and pretty much the whole market fell.
I set my buy level at a safe €7080 (approx $8850) after my mentor mentioning he expects price to dip below the $9k support. It dipped to a low of about $8.4k (approx €6650) so my EUR reserve has now gone into Crypto’s.
The Bicoins were then used to purchase more TRX and NEO. Reasons?
NEO has lots of upcoming companies using it’s platform over the next year so should see huge growth. Plus it pays out GAS dividends. (Siam’s prediction is that if you hold 225 NEO, it should pay out about 2 GAS per month. When NEO hits around $1500 then GAS will be valued at roughly $750, thats $1500 income per month…) PS, I have 11 NEO! Long way to go yet!
TRX also has a lot of upcoming collaborations using it’s platform. A great team behind it and lots of ongoing marketing. This is one that’s potentially set to BOOM when cryptos do take off.
These were researched and suggested by the RT Crypto FB Group I have access to through Siams Course. I’ve taken on board the research and, of course, done my own research too. I wouldn’t have a clue about some of the research terms without this group to rely on for support!
Currently, my Altcoin value to Bitcoin value puts me at about 7% Profit.
However with Bitcoin Value down across fiat, I’m looking at about -28% loss (GBP)
Total Invested £3010
Unrealised balance £2143.32
IG.COM shares spreadbetting
- Evraz PLC (long)
- Thomas Cook Group PLC (Long) – Stopped out for £2.25 profit
Thomas Cook closed for a whopping and life changing £2.25 profit! lol
Total Invested £100.00 (removed some funds for cryptos)
Unrealised balance £94.13
Connect with me…
Email me: email@example.com
A boring disclaimer… coz I don’t wanna be sued and stuff!
The information contained within this blog/website and any information contained in any social media account related to EXF Trading is intended for interesting reading only.
I am not qualified or considered an expert in any aspect of trading and the words which I write are my opinion only and not to be considered correct.
If you trade based on any of my information, you do so at your own risk.
I urge you to do your research and make your own conclusions before considering trading.
You are responsible for your own trading actions.
I may provide affiliate links to courses or products I do or would recommend and I may or may not receive a small financial payment for those links.